North America Medical Tourism Market by Treatment Type (Cardiovascular Treatment, Orthopedic Treatment, Neurological Treatment, Cancer Treatment, Fertility Treatment, and Others): Opportunity Analysis and Industry Forecast, 2017 - 2023
- Published Date: 2020-10-18
- Report ID: 3211
- Pages: 94
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Format:
North America Medical Tourism Market Overview :
Medical tourism can be defined as an organized travel across international borders with the purpose of availing medical treatment of some form, which may or may not be available in the travelers home country. The North America medical tourism market accounted for $20,279 million in 2016, and is estimated to reach $52,786 million by 2023, registering a CAGR of 14.4% from 2017 to 2023.
Medical tourists travel abroad for the maintenance, enhancement, or restoration of their health through affordable healthcare facilities & treatments available in other countries, which are comparatively expensive in their own country. It is also linked with leisure and business travel. Therefore, there are several definitions of medical tourism in the market. Some of them include cosmetic, dental, wellness, and spa services. However, for the purpose of this report, wellness, spa, cosmetic, and dental treatment are excluded from the scope of this study.
Geographical convenience of Mexico for Mexico-bound health travelers who reside in South, North & Central America, and the Caribbean drive the market. In addition, recent Joint Commission International (JCI) accreditations in Mexico, government involvement for the growth of medical tourism in Mexico, lower costs in Mexico, and technological advancements in healthcare facilities in North America further augment market growth. However, difficulties associated with travel, language barriers, documentation, and VISA approval issues, and lack of medical training and non-acceptance of healthcare insurances in Mexico restrict the market growth. Furthermore, rise in geriatric population due to baby boomers in North America, and increase in R&D activities in the field of healthcare provide lucrative opportunities to the market players.
The North America medical tourism market is segmented based treatment type and country. By treatment type, the market is divided into cardiovascular treatment, orthopedic treatment, neurological treatment, cancer treatment, fertility treatment, and other treatments. By country, the market is analyzed across U.S., Canada, and Mexico.
Key Benefits For North America Medical Tourism Market :
The study provides an in-depth analysis of the market along with current trends and future estimations to elucidate the imminent investment pockets.
The report provides a quantitative analysis for the period of 20162023 to enable stakeholders to capitalize on the prevailing market opportunities.
Extensive analysis of the market based on treatment type helps to understand the popular treatments for medical tourism.
North America Medical Tourism Key Market Segments :
By Treatment Type
Cardiovascular Treatment
Orthopedic Treatment
Neurological Treatment
Cancer Treatment
Fertility Treatment
Others
By Country
U.S.
Canada
Mexico
KEY PLAYERS PROFILED IN THE REPORT
Angeles en Lnea
Centro Mdico ABC
Galenia Hospital
Hospital San Jos
Mdica Sur
SA de CV
Star Mdica
CHAPTER 1: INTRODUCTION
1.1. Report Description
1.2. Key Benefits
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.2.2. Mexico in the global medical tourism market
3.3. Reimbursement scenario
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Geographical convenience of Mexico
3.4.1.2. Recent Joint Commission International accreditations in Mexico
3.4.1.3. Government involvement in Mexico
3.4.1.4. Lower costs in Mexico
3.4.1.5. Technological advancements in healthcare
3.4.2. Restraints
3.4.2.1. Difficulties associated with travel, language barriers, documentation, and VISA approval issues
3.4.2.2. Lack of medical training and nonacceptance of healthcare insurances in Mexico
3.4.3. Opportunities
3.4.3.1. Rise in geriatric population due to baby boomers
3.4.3.2. Increase in R&D activities in the field of healthcare
3.4.4. Impact analyses
CHAPTER 4: NORTH AMERICA MEDICAL TOURISM MARKET, BY COUNTRY
4.1. Overview
4.1.1. Key market trends, growth factors and opportunities
4.1.2. Market size and forecast
4.1.3. Market volume and forecast
4.2. U.S.
4.2.1. Market size and forecast
4.2.2. Market volume and forecast
4.3. Canada
4.3.1. Market size and forecast
4.3.2. Market volume and forecast
4.4. Mexico
4.4.1. Market size and forecast
4.4.2. Market volume and forecast
CHAPTER 5: NORTH AMERICA MEDICAL TOURISM MARKET, BY TREATMENT TYPE
5.1. Overview
5.1.1. Market size and forecast
5.1.2. Market volume and forecast
5.2. Cardiovascular Treatment
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast
5.2.3. Market volume and forecast
5.3. Orthopedic Treatment
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast
5.3.3. Market volume and forecast
5.4. Neurological Treatment
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast
5.4.3. Market volume and forecast
5.5. Cancer Treatment
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast
5.5.3. Market volume and forecast
5.6. Fertility Treatment
5.6.1. Key market trends, growth factors and opportunities
5.6.2. Market size and forecast
5.6.3. Market volume and forecast
5.7. Other General Treatments
5.7.1. Key market trends, growth factors and opportunities
5.7.2. Market size and forecast
5.7.3. Market volume and forecast
CHAPTER 6: COMPANY PROFILES
6.1. Galenia Hospital
6.1.1. Company overview
6.1.2. Company snapshot
6.1.3. Product Portfolio
6.2. Centro Mdico ABC
6.2.1. Company overview
6.2.2. Company snapshot
6.2.3. Product Portfolio
6.3. Mdica Sur
6.3.1. Company overview
6.3.2. Company snapshot
6.3.3. Product Portfolio
6.4. Star Mdica
6.4.1. Company overview
6.4.2. Company snapshot
6.4.3. Product portfolio
6.5. Angeles en Lnea, SA de CV
6.5.1. Company overview
6.5.2. Company snapshot
6.5.3. Product portfolio
6.6. Hospital San Jos.
6.6.1. Company overview
6.6.2. Company snapshot
6.6.3. Product Portfolio
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