Medical tourism refers to people traveling abroad to obtain medical treatment. Factors such as high cost of healthcare and long waiting time for certain procedures have increased the popularity of medical tourism.

Market Dynamics
The increasing prevalence of neurological disorders is expected to drive growth of the global medical tourism market over the forecast period. For instance, according to the Institute for Health Metrics and Evaluation (IHME) 2019, neurological disorders were the leading cause of DALYs (276 million) and second leading cause of deaths (9.0 million) globally in 2016.
However, stringent documentation process such as issues related to visa approval and limited insurance coverage are factors restraining the medical tourism market growth.
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Key features of the study:
• This report provides in-depth analysis of the global medical tourism market, market size (US$ Mn), and compound annual growth rate (CAGR (%) for the forecast period, 2019-2027, considering 2018 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by leading players
• It profiles key players in the global medical tourism market based on the following parameters: company overview, financial performance, product portfolio, geographical presence, key developments, and strategies
• Key players covered as a part of this study include Asian Heart Association, Apollo Hospitals Enterprise Ltd., Prince Court Medical Centre, Gleneagles Hospitals, Min-Sheng General Hospital, Raffles Medical Group, Bangkok Hospital, Fortis Healthcare Ltd., Anadolu Medical Centre and Wooridul Spine Hospital.
• Insights from this report would allow marketers and management authorities of companies to make informed decisions with respect to future product launches, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
• The global medical tourism market report caters to various stakeholders in this industry, which include investors, product manufacturers, distributors, and suppliers for global medical tourism market, research and consulting firms, new entrants, and financial analysts
Global Medical Tourism Market - Competitive Landscape
• Key players operating in the global medical tourism market include Asian Heart Association, Apollo Hospitals Enterprise Ltd., Prince Court Medical Centre, Gleneagles Hospitals, Min-Sheng General Hospital, Raffles Medical Group, Bangkok Hospital, Fortis Healthcare Ltd., Anadolu Medical Centre and Wooridul Spine Hospital.
Global Medical Tourism Market - Regional Insights
On the basis of region, the global medical tourism market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America holds a dominant position in the global medical tourism market owing to increasing prevalence of cancer. There is high incidence of cancer in the U.S. and across the world. For instance, according to the National Cancer Institute, in 2016, an estimated 15.5 million people survived cancer in the U.S., and the number of cancer survivors is expected to increase to 20.3 million by 2026. Moreover, in 2017, an estimated 15,270 children and adolescents in the age group of 0 to 19 were diagnosed with cancer in the U.S
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