North America medical tourism market revenue expected to reach $126.8 million at a CAGR of 14.4%

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Medical Tourism Market Report

PORTLAND, OREGON, USA, July 26, 2022 /EINPresswire.com/ — Allied Market Research has added new research on the North America Medical Tourism Market – Opportunity Analysis and Industry Forecast, 2022-2030 . Medical Tourism Market explores in-depth study on various segments such as size, share, development, innovation, sales and overall growth of key players. The research is based on primary and secondary data sources and consists of qualitative and quantitative details. Some of the major players involved in the study are Galenia Hospital, Centro Mdico ABC, Mdica Sur, Star Mdica, Angeles en Lnea, SA de CV, Hospital San Jos.

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The North America medical tourism market was valued at $20,279 million in 2016 and is projected to reach $52,786 million by 2023, registering a CAGR of 14.4% from 2017 to 2023.

The process of traveling outside the country of residence for the purpose of receiving medical treatment and care is known as medical tourism. Medical tourists are given different treatments such as cancer treatment, cardiovascular treatment, neurological treatment, fertility treatment and others. The escalation of associated healthcare costs in developed countries, has compelled individuals to seek affordable alternatives, and thus has imperatively contributed to supplementing the medical tourism market.

Mexico’s geographic convenience for Mexico-bound health travelers who reside in South, North and Central America and the Caribbean is driving the market. In addition, recent Joint Commission International (JCI) accreditations in Mexico, government involvement in the growth of medical tourism in Mexico, lower costs in Mexico, and technological advancements in healthcare facilities in North America are increasing. further market growth. However, difficulties related to travel, language barriers, VISA documentation and approval issues, as well as lack of medical training and non-acceptance of healthcare insurance in Mexico are limiting the growth of the market. . Additionally, increasing geriatric population due to baby boomers in North America and increasing R&D activities in the healthcare field are providing lucrative opportunities for market players.

What market prospects are illuminated in the Medical Tourism market report?

Executive Summary: It covers a summary of the most vital studies, rate of increase in the global medical tourism market, modest circumstances, market trends, drivers, and issues along with macro pointers.

Study Analysis: It covers key players, vital market segments, scope of products offered in the Medical Tourism market, years measured and study points.

Competitive Analysis: In this segment, each player is selected based on products, services, value, SWOT analysis, growth, and other important characteristics.

Geographical Analysis: This Medical Tourism Market report analyzes data on the basis of production, sales, import and export and major players in all regional markets.

Medical Tourism Market Segments and Sub-Segments::

Medical Tourism Market by Key Players: Galenia Hospital, Centro Mdico ABC, Mdica Sur, Star Mdica, Angeles en Lnea, SA de CV, Hospital San Jos.

Medical Tourism Market by Country: United States, Canada and Mexico

Medical Tourism Market by Treatment Type: Cardiovascular Treatment, Orthopedic Treatment, Neurological Treatment, Cancer Treatment, Fertility Treatment and Others

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Interpretive tools used in market analysis: Methodical tools including SWOT analysis, Porter’s five forces analysis and ROI review have been used while breaking down the development of the main actors operating in the market.

Market Growth Indicators: This section of the report covers indicators that contain mergers and acquisitions, R&D, new product development, joint ventures and associations of key players working in the market.

Answers to key questions:
Who are the key players involved in the medical tourism market?
Which are the major regions covered in the Medical Tourism market report?
What is the major revenue-generating region in the Medical Tourism Market?
What is the most influential growing segment in the Medical Tourism market report?
What are the key trends in the Medical Tourism market report?
What is the total market value of the Medical Tourism market report?

Contents
Chapter One: Industry Overview
Chapter Two: Major Segmentation Analysis (Classification, Application, etc.)
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Comparative Analysis of Production, Sales and Consumption Market
Chapter Seven: Comparative analysis of the production and sales market of major manufacturers
Chapter Eight: Players’ Competitive Analysis
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

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We also offer regional and national reports –
Japan medical tourism market
South Korea medical tourism market
Singapore medical tourism market
Australian medical tourism market
Medical tourism market in Europe

About Us:
Allied Market Research (AMR) is a full-service market research and business consulting division of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global corporations as well as small and medium enterprises with unrivaled quality of “market research reports” and “Business Intelligence solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market area.

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Allied Analytics LLP
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