Medical Tourism - Thematic Research
Medical tourism can be 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, and the rise of international accreditation agencies.
Medical tourism is a key market for both the medical devices industry and the growth of emerging markets. The availability of lower-cost medical procedures drives the growth of the medical devices industry across many markets, and GlobalData expects that this theme will continue to grow in the years to come.
This is a single theme report providing in-house analyst expertise of medical tourism from the medical devices perspective, exploring different medical procedures and manufacturers within the medical device industry that contribute to this theme.
Components of the report include -