Portland, OR -- (SBWIRE) -- 06/12/2018 -- Global Medical Tourism Market was valued at $61,172 million in 2016, and is estimated to reach at $165,345 million by 2023, registering a CAGR of 15.0% from 2017 to 2023. Medical tourism can be defined as travel across international borders with the purpose of availing medical treatment of some form, which may or may not be available in the travelers' home country. This treatment may include a wide array of medical services; however, the most frequently availed services include cancer treatment, orthopedic treatment, neurological disease treatment, elective surgery, fertility treatment, and others.

Get PDF Sample for Details @ https://www.alliedmarketresearch.com/request-sample/454

Panoramic view of the snow-capped mountains and the deep valleys, architectural beauty of historical monuments, or the serene and calm beaches are no longer the only factors that attract tourists across the globe. Availability of cheaper treatment options without compromising on the quality has led to the rapid growth and development of the medical tourism industry. Medical tourism combines the best of two distinct sectors– healthcare and travel & tourism. Despite the practice of traveling to foreign lands for health and medical reasons dating back to a thousand years, the affordable treatment along with cheap travel options and easy access to complete information over the internet has popularized the idea of medical tourism.

COMPANY PROFILES

6.1. APOLLO HOSPITALS ENTERPRISE LIMITED

6.1.1. Hospital overview
6.1.2. Operating business segments
6.1.3. Business performance
6.1.4. Key strategic moves and developments
6.1.5. SWOT analysis

6.2. FORTIS HEALTHCARE LIMITED

6.3. ASIAN HEART INSTITUTE

6.4. KPJ HEALTHCARE BERHAD

6.5. NTT MEDICAL CENTER TOKYO

Medical tourism, a concept wherein the patients travel across international borders to seek treatment or improve their health through medical or wellness practices, has seen a rise owing to the development of infrastructure and the immense support offered by the governments of developing and developed nations. Earlier, the patients from underdeveloped and developing countries traveled to developed regions in search of better care and facilities. However, the recent years have witnessed a change in trend. The rising cost of healthcare in the developed countries like the U.S. has led to patients seeking cheaper options in emerging countries such as Singapore, Bangkok, and India among others.

Make An Enquiry About Report @ https://www.alliedmarketresearch.com/purchase-enquiry/454

Cancer treatment type segment is anticipated to continue to lead the market throughout the analysis period owing to increase with the number of cross-border travelers seeking good quality cancer treatment. In addition, cancer treatments are expensive and prolonged procedures; hence good quality treatment available at affordable prices motivate several patients to choose medical tourism. Furthermore, the neurological disorders treatment segment is anticipated to be the fastest growing treatment type segment with a CAGR of 15.5% from 2017 to 2023, owing to factors such as growth in prevalence of neurological diseases and surge in global geriatric population.