Medical Tourism Growth
Medical Tourism Growth. This includes traveling and accommodation costs as well as their medical expenses. The medical tourism is big and it's global, and it continues to grow.
The number of medical tourists from the united has increased from about 750,000 in 2007, to over 1.4 million a decade later in 2017. The global medical tourism market size is estimated to reach $274.37 billion by 2027 from $82.27 billion in 2017, growing at a cagr of 12.8% from 2017 to 2027. The medical tourism is big and it's global, and it continues to grow.
Global Medical Tourism Market Size (2021 To 2026) As Per Our Recent Report, The Global Medical Tourism Market Size Is Forecasted To Be Worth 78.15 Billion By 2026 From Usd 33.03 Billion In 2021, Growing At A Cagr Of 18.8% Between 2021 To 2026.
There are several global medical tourism corridors, such as singapore, thailand, india, , south africa, brazil, malaysia, taiwan, mexico, and costa rica which have recently gained popularity among the consumers across the world. The medical tourism industry is touted to witness exponential growth in the years to come, in view of the dramatic rise in the number of surgical procedures that. Complimentarity is a situation where the growth of one sector compliments the growth of another sector.
According To Estimates, Global Medical Tourism Market Is Estimated At $143.8 Billion By The Year 2022 With A Growth Rate Of 15.7%.
The medical tourism is big and it's global, and it continues to grow. Rising awareness regarding medical tourism among patients will be one of the major factors responsible for the market growth. Medical tourism market size exceeded usd 10.1 billion in 2020 and is poised to grow at over 12% cagr between 2021 and 2027.
The Results Show That There Is Significant Growth Of Medical Tourism In India, Which Is Growing At The Rate 30 % In 2015.
In terms of volume, the global medical tourism market accounted for 23,042.90 thousand patients in 2019, and is. As such, it should not be surprising that there is a growing body of literature focusing on the nature of scope of this tourism sector. This includes traveling and accommodation costs as well as their medical expenses.
Medical Tourists Can Access Specific Procedures Such As Complex Surgeries, Specialized Treatments For Chronic Diseases, And Other Methods Of Focused Care.
Other factors catalyzing the growth of the global medical tourism market include better patient comfort, advanced medical equipment, alternative treatment methods, and. The growth of medical tourism is likely to promote the expansion and modernization of health facilities in developing countries. With growing concerns for rising medical
The Factors Associated With The Growth Of The Market Include Higher Treatment Cost In Developed Countries, Availability Of The Latest Medical Technologies, Growing Compliance On International Quality Standards, High Quality Of Service, Health Insurance Portability, And.
While this may not sound cheap to some, for many it is much less than what they would spend obtaining treatment in the united states. Patients spend on average $3,410 per visit in american dollars. In 2020, the north american region had accounted for the leading global medical tourism market share.
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