Medical Tourism Market Scenario across Different Countries Covered by iGATE Research in Its New Studies Recently Added at MarketPublishers.com20 Jun 2017 • by Natalie Aster
LONDON - Market Publishers, Ltd. is excited to announce that a new series of insightful research reports, examining the performance of the medical tourism market in different countries, prepared by iGATE Research has been recently published in the publisher’s online catalogue at MarketPublishers.com.
Country Markets for Medical Tourism Highlighted by iGATE Research Include:
India is recognised as one of the key and most preferred healthcare and wellness destinations globally. Therefore, the Indian medical tourism market is poised to demonstrate double-digit growth through 2022. The country’s government has launched a visa-on-arrival scheme for medical tourists from certain countries. Afghanistan, Maldives and Bangladesh are the key source countries for medical tourist arrivals to India.
The Malaysian medical tourism market is likely to hit the USD 535 million mark by 2022. The country is rapidly evolving as a preferred destination for cost-effective, but world-class healthcare services worldwide. Today, Malaysia boasts a wide range of state-of-the-art private medical centers and also an impressive array of sophisticated therapeutic, diagnosis and in-patient facilities.
Through 2022, the Singaporean medical tourism market is anticipated to follow an upward trend at a single-digit CAGR. In recent years, this country market has yielded the position to the neighboring countries like Malaysia, India and Thailand, which allow healthcare services at a lower price. Furthermore, the government support for medical tourism has also waned in the recent past.
Due to such growth driving factors like technological innovations and advancements in treatment and various medical procedures, highly-qualified medical facilities and staff, strong government support and affordable costs, the South Korean medical tourism market is projected to outstrip USD 2 billion by 2022.
As of 2016, Thailand’s medical tourism market value stood at more than USD 4.6 billion. In the years to come, this country’s marketplace is expected to show colossal growth at an impressive CAGR owing to its constantly expanding medical facilities network.
Each of these cutting-edge research reports offers a comprehensive analysis of the fast-developing, high-growth medical tourism market landscape at the country level, uncovers relevant updated info on the market size, volume, value, segmentation, shares and growth rates. Each report gives access to reliable statistics on the medical tourist arrivals and spending, sheds light on the market historical development patterns, describes the actual scenario and also presents valuable future forecasts through 2022. These topical reports cover the market dynamics and major growth influencing factors, discuss prevailing and emerging market development trends, touch upon the competitive environment and many other important market aspects.
Numerous other topical reports by this publisher are provided in the iGATE Research catalogue at MarketPublishers.com.