North America Health Tourism Market Growth, Demand & Opportunities & Forecast To 2026|Covid -19 Impact Analysis By Raffles Medical Group, BANGKOK CHAIN HOSPITAL PUBLIC COMPANY LIMITED, Prince Court Medical Centre, University Hospital Motol
North America wellness tourism market is expected to register a healthy CAGR in the forecast period of 2019 -2026.
The competitive analysis carried out in this Health Tourism report include strategic profiling of key market players, their core competencies, their strong and weak points, and competitive landscape of the market which supports businesses illustrate their individual strategies. The report also takes into account an analysis of existing major challenges faced by the business and the probable future challenges that the business may have to face while operating in this market. No stone is left unturned while analyzing the market and preparing this Health Tourism market research report in a presentable form to meet the anticipation of users.
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Some of the major players operating in this market are KPJ Healthcare Berhad, Apollo Hospitals Enterprise Ltd, Bumrungrad International Hospital, IHH Healthcare Berhad, Raffles Medical Group, BANGKOK CHAIN HOSPITAL PUBLIC COMPANY LIMITED, Prince Court Medical Centre, University Hospital Motol, Clinical Center of Serbia, Columbia Asia, Wockhardt Hospitals, Asklepios Kliniken GmbH & Co. KGaA, Asian Heart Institute, Min-Sheng Hospital, Apex Heart Institute, Medical Star, Hospital CMQ, Sani Dental Group, Bravo Development Group, Inc. and Angeles Health International among others
Drivers: North America Health Tourism Market
Increasing old age population in developed countries is creating avenues for medical tourism in developing countries
Strengthening of U.S. dollar multiplies number of U.S. patients seeking medical tourism
Rising Crime Rates In Developing Nations
Post-operative complications and aftercare at the patient’s country of residence remain a major deterrent of medical tourism
Incursion of robotic surgery can reduce cost and make healthcare industry in the U.S. competitive
Language barrier and mother tongue influence creates hurdles for hospitals
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Segmentation: North America Health Tourism Market
North America health tourism market is segmented into three notable segments which are treatment, type of intervention and patient mobility.
On the basis of treatment, the market is segmented into cosmetic surgery, dentistry, cardiac surgery, orthopedic surgery, bariatric surgery, reproductive, oncology, transplantation, eye surgery, diagnostics and others
In March 2018, Prince Court Medical Centre was acquired by Khazanah Nasional Bhd for an undisclosed sum which will assist both the companies to share their services and get operational support.
On the basis of type of intervention, the market is segmented into hospitals, clinics, bio-medicine, medicaments & medical devices, complementary medicines, non-medical facilities and others
In April 2019, Wockhardt Hospital performed a new technology based bypass cardiac surgery and it was mentioned to be successful. The expansion will help the hospital to introduce a new technology which will increase its business.
On the basis of Patient mobility, the market is segmented into temporary visitors, long term residents, outsourced patients and common borders
In March, Raffles Medical Group expanded to a fully medical complex specialist centre in order to grow its clinical services among its patients and to meet the growing patient’s needs. The expansion will help the medical group to treat more number of patients in less amount of time.
Major Insights of the Report
To describe and forecast the Health Tourism market, in terms of value, by process, product type, and industry.
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Health Tourism Market
The key findings and recommendations highlight crucial progressive industry trends in the Health Tourism Market, thereby allowing players to develop effective long term strategies
To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the Health Tourism market
The report offers market share appraisals for regional and global levels
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