The Business Research Company published its Medical Tourism Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Medical Tourism market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
The report covers the medical tourism market’s segments- by treatment type: cosmetic treatment, dental treatment, cardiovascular treatment, orthopedics treatment, bariatric treatment, fertility treatment, ophthalmic treatment, others.
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Medical Tourism Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global medical tourism market is expected to decline from $37.72 billion in 2019 to $19.8 billion in 2020 at a compound annual growth rate (CAGR) of -47.53%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, restriction on cross-border travel and the closure of industries and other commercial activities. The ban on cross-border travel reduces the number of international patients, impacting the market. The market is then expected to recover and reach $33.54 billion in 2023 at CAGR of 19.2%.
Patients travelling across countries for medical treatment are increasingly using electronic health records to store information related to health in digital format. An electronic health record is the systematic collection of patient health and medical examination reports stored electronically. These health records can be accessed instantly and securely by authorized users. Electronic health records eliminate the need to carry heavy medical records for patients travelling long distances for treatment.
Few Points From Table Of Content
1. Executive Summary
2. Medical Tourism Market Characteristics
3. Medical Tourism Market Size And Growth
4. Medical Tourism Market Segmentation
5. Medical Tourism Market Regional And Country Analysis
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25. Medical Tourism Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Medical Tourism Market
27. Medical Tourism Market Trends And Strategies
28. Medical Tourism Market Future Outlook and Potential Analysis
29. Appendix
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Few Points From List Of Table
Table 1: Global Historic Market Growth, 2015-2019, $ Billion
Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 3: Global Medical Tourism Market, Segmentation By Treatment Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
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Table 27: Bumrungrad International Hospital Financial Performance
Table 28: KPJ Healthcare Berhad Financial Performance
Table 29: Fortis Health Ltd Financial Performance
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