The Europe Medical Tourism Market was worth USD 4.33 billion in 2016 and estimated to be growing at a CAGR of 18.9%, to reach USD 10.30 billion by 2021.
Medicinal tourism refers to people who are heading out to a nation to acquire medical treatment which is not available in the nation or at a high cost heading out to a nation other than their own particular to acquire medical treatment. Medical tourism has a tremendous import on the healthcare system. In the past, this usually referred to the individuals who went from less-developed nations to major healthcare centers in highly developed nations for treatment inaccessible at home. Medical tourism attracts a huge potential consumer from one place to other.
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High treatment costs, advancements in technology, long waiting time’s circumstances for medical procedures, and development of market are propelling the growth of the market. Stringent documentation forms, issues related with visa endorsement, and limited protection scope are the limiting the growth of the market.
Key points from TOC:
- Introduction
- Research Methodology
- Overview
- Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
- Market Segmentation
- Strategic Analysis
- Market Leaders’ Analysis
- Competitive Landscape
- Market Outlook and Investment Opportunities
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The Europe Medical Tourism Market is broadly segmented into type of treatment. On the basis of the type of treatment, the market is further segmented into Fertility Treatment, Orthopedic Treatment, Cardiovascular Treatment, Dental Treatment, Cancer Treatment, Neurological Treatment, Cosmetic Treatment, and Others. On the basis of geography, the Europe market is analyzed under various regions namely U.K, Italy, Germany, Spain, and France.
Scope of the report:
- Global, regional and country-level analysisand forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
- Segment-level analysisin terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC)in the market and their impact on shifting market dynamics
- Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
- Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysisfor analysing the level of competition and business strategy development
- A comprehensive list of key market playersalong with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
- Competitive landscape analysislisting out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
- Expertly devised analyst overview along with Investment opportunitiesto provide both individuals and organizations a strong financial foothold in the market
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Some of the key players dominating the market by their products and services are Min-Sheng General Hospital, Apollo Hospitals Enterprise Limited, Fortis Healthcare Ltd., Asian Heart Institute, Samitivej Sukhumvit, Prince Court Medical Center, Raffles Medical Group, Bangkok Hospital Medical Center, KPJ Healthcare Berhad, and Bumrungrad International Hospital.
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