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Recent research: Latin America's medical tourism market anticipated to reach USD 10.30 billion in coming years

Recent research: Latin America's medical tourism market anticipated to reach USD 10.30 billion in coming years

According to the report Latin America Medical Tourism Market, published by Market Data Forecast, the global market is projected to reach USD 10.30 billion by 2021, at a CAGR of 18.9% from 2016 to 2021.

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Medical Tourism refers to people who travel to different places for the medical treatment at an affordable costs that they receive at home which may or may not be available in the travelers’ home country. Medicinal tourism is the most developing business today.

This treatment may include a wide array of medical services; however, the most frequently availed services include dental care, cosmetic surgery, elective surgery, and fertility treatment.

The motives for making the travel could be one or more among the following major factors like High cost or affordability of medical services including the one the customer needs to avail.

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Non-availability or low quality of the necessary treatment due to lack of healthcare infrastructure or skilled service providers.

Less waiting time for the available treatment such as organ transplant.

Get a comprehensive overview of the Latin America Medical Tourism Market: www.marketdataforecast.com/market-…rism-market-1859/

Latin America Medical Tourism Market: Drivers & Restraints

Factors such as high treatment costs, long waiting time’s circumstances for medical procedures, advancements in technology, and development of market are strengthening the market. Stringent documentation forms, issues related with visa endorsement, and limited protection scope are hampering the market.

Get accurate market forecast and analysis on the Latin America Medical Tourism Market. Request a sample to stay up-to-date on the main trends affecting this market: www.marketdataforecast.com/market-…59/request-sample

Latin America Medical Tourism Market: Segmentation

By Type

  • Introduction
  • Orthopedic
  • Neurological
  • Cardiovascular
  • Fertility
  • Cancer Treatment
  • Y-o-Y Growth Analysis, By Type
  • Market Attractiveness Analysis, By Type
  • Market Share Analysis, By Type

From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information. Get report at www.marketdataforecast.com/market-…/customize-report

Latin America Medical Tourism Market: Overview

As developing countries are progressively heading toward technological advancements and quality administrations in the medical and healthcare area, the North America medical tourism market is foreseen to witness powerful development during the forecast period. Developing healthcare services by different private and government sectors are likewise expected to further support the market development.

India is known for its specialization in cardiac surgeries while Singapore specializes in complex surgical procedures. Malaysia has been gaining popularity due to the availability of modern healthcare infrastructure and the presence of highly skilled medical professionals.

Government support and cost-effective treatments are likely to make Malaysia the leading destination for medical treatment by the end of the forecast period. In 2016, 671,000 patients were treated in the country, which is expected to grow to 2 million by 2021.

Latin America Medical Tourism Market: Region-wise Outlook

On the basis of geography, the Latin America market is analyzed under various regions namely Brazil, Argentina, & Mexico. In Latin America, Brazil, Argentina and Mexico covers the major share of Medical Tourism Market.

Key Questions Answered

  • What is the current and future Medical Tourism Market outlook in Latin America? What trends are affecting the Latin America market?
  • What are the major market drivers, challenges and opportunities of the Medical Tourism market and their use cases?
  • What are the primary Medical Tourism trends and key developments for different Medical Tourism systems?
  • What is the competitive landscape and market share of major players in the Medical Tourism space in Latin America?
  • What are the key, high growth markets that Medical Tourism manufacturers should expand into? Which market segments are growing the fastest?
  • What are the unmet needs with the Medical Tourism currently on the market? How will emerging technologies fulfil these unmet needs?
  • What is physician perception and market outlook of Medical Tourism?
  • What are the challenges and barriers that have hindered widespread adoption of Medical Tourism?

Latin America Medical Tourism Market: Key Players

Key players in Latin America medical tourism market are Min-Sheng General Hospital, Apollo Hospitals Enterprise Limited, Samitivej Sukhumvit, Fortis Healthcare Ltd., Asian Heart Institute, Prince Court Medical Center, Bangkok Hospital Medical Center, KPJ Healthcare Berhad, Raffles Medical Group, and Bumrungrad International Hospital.

Reasons to access Latin America Medical Tourism Market Report:

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
  • Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y 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 macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
  • A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing 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
  • Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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