Medical Tourism - Thematic intelligence

Medical Tourism - Thematic intelligence
Summary

Medical tourism is on the riseMedical tourism is defined as the process where individuals travel outside of their country of residence to receive medical care.

Key drivers of the medical tourism industry include rising healthcare costs (particularly for elective and non-essential procedures), infrastructure improvements in the travel and tourism industry, decreasing costs of travel, advancements in technology, quicker access to services, medical care being unavailable in a particular country, and the rise of international accreditation agencies. The Medical Tourism Association (MTA) estimates that there are approximately 14 million people worldwide who travel abroad for medical treatment every year. While there are several factors that negatively affect the medical tourism market, such as the COVID-19 pandemic and the Russia-Ukraine war, the market is still expected to grow over the next few years.

ScopeThis report is a thematic brief, which identifies those companies most likely to succeed in a world filled with disruptive threats. Inside, we predict how each theme will evolve and identify the leading and disrupting companies.The report covers the medical tourism theme.Reasons to BuyGlobalData’s thematic research ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors. It has a proven track record of identifying the important themes early, enabling companies to make the right investments ahead of the competition, and secure that all-important competitive advantage.Develop and design your corporate strategies through an in-house expert analysis of medical tourism by understanding the primary ways in which this theme is impacting the healthcare industry. Stay up to date on the industry’s major players and where they sit in the value chain.Identify emerging industry trends to gain a competitive advantage.