Global Medical Tourism Market Analysis & Industry Forecast 2017-2023, With an Expected CAGR of 15% - | Financial Buzz

Global Medical Tourism Market Analysis & Industry Forecast 2017-2023, With an Expected CAGR of 15% –

The “Medical
Tourism Market by Treatment Type – Global Opportunity Analysis and
Industry Forecast, 2017-2023” report has been added to’s

The global medical tourism market accounted for $61,172 million in 2016,
and is estimated to reach at $165,345 million by 2023, registering a
CAGR of 15% from 2017 to 2023.

Medical tourists travel abroad for the maintenance, enhancement, or
restoration of their health through affordable healthcare facilities &
treatments available in other countries, which are comparatively
expensive in their own country. It is also linked with leisure and
business travel. Therefore, there are several definitions of medical
tourism in the market. Some of them include cosmetic, dental, wellness,
and spa services.

Availability of affordable medical care & treatment in developing
countries and growth in compliance on international standards drive the
market. In addition, availability of latest medical treatments augment
market growth. However, limited coverage and lengthy partial
reimbursement by payers and epidemic outbreaks restrict the market.
Furthermore, wider hospital network under insurance coverage for
cashless transaction provides lucrative opportunities to the market

The medical tourism market is segmented based treatment type and
geography. By treatment type, the market is divided into cardiovascular
treatment, orthopedic treatment, neurological treatment, cancer
treatment, fertility treatment, and other treatments. By geography, the
market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Companies Mentioned:

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Overview

4. Medical Tourism Market, By Treatment Type

5. Medical Tourism Market, By Geography

6. Company/ Hospital Profiles

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