Latin America Medical Tourism Market is at the cusp of crossing USD 10.3 billion in 2021

(I-TravelNewswire.Com, November 07, 2017 ) According to the report Medical Tourism Market, published by Market Data Forecast, the Latin America market is projected to reach USD 10.3 billion by 2021, at a CAGR of 18.9% from 2016 to 2021.

Medical tourism is the most dynamically growing sectors today. It is believed to be the direct impact of globalization of healthcare, it certainly exhibits robust growth potential worldwide. Though, based on FMI’s research, the market of medical tourism is anticipated to concentrate within most of the developing countries of the world. The top treatments people travel abroad for, include cardiovascular surgeries, orthopaedic treatments, cancer therapy, dentistry, cosmetic surgeries, weight loss therapies, health screenings, reproductive treatments, and medical tests and scans. In critical cases, a sizeable patient population also solicits second opinion from specialist doctors abroad.

Get a comprehensive overview of the Latin America Medical Tourism Market: http://www.marketdataforecast.com/market-reports/latin-america-medical-tourism-market-1859/

Latin America Medical Tourism Market: Drivers & Restraints

The Latin America medical tourism market is primarily driven by accessibility and affordability of good quality healthcare services coupled with assistance from tourism departments and local governments. Additionally, availability of latest medical technologies in medical tourism hubs, worldwide, is anticipated to propel the market growth.

But still, medical tourists are highly vulnerable to a wide variety of health risks after they return. The conditions may include TB, deep vein thrombosis, paratyphoid, amoebic dysentery, and more commonly caused owing to poor post-operative care and inadequate rest. This could affect the market to some degree. Strict documentation processes, issues regarding visa approval, and limited insurance coverage are reportedly few of the most deterring factors for the Latin America 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: http://www.marketdataforecast.com/market-reports/latin-america-medical-tourism-market-1859/request-sample

Latin America Medical Tourism Market: Segmentation

By Treatment Type

• Orthopaedic

• Neurological

• Cardiovascular

• Fertility

• Cancer Treatment

• Cosmetic

From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at http://www.marketdataforecast.com/market-reports/latin-america-medical-tourism-market-1859/customize-report

Latin America Medical Tourism Market: Overview

Cosmetic treatments leads in terms of market share as cosmetic surgeries are not covered by insurance.

Latin America Medical Tourism Market: Region-wise Outlook

By geography, the Latin America market is segregated into Brazil, Chile, Argentina and others. It is second to last in terms of market share.

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 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

Leading healthcare players contributing to the Latin America medical tourism market include 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 buy Medical Tourism Market Report:

• Latin America, 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

Latin America Clinical Nutrition Market: http://www.marketdataforecast.com/market-reports/latin-america-clinical-nutrition-market-789/

About Market Data Forecast:

Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com.

Contact:

Abhishek Shukla

Sales Manager (International Business Development)

Market Data Forecast

Direct Line: +1-888-702-9626

Mobile: +91 998 555 0206

Mail: abhishek@marketdataforecast.com

Visit Market Data Forecast Blog @ http://www.marketdataforecast.com/blog/

View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases

Market Data Forecast

Abhishek

+1-888- 702-9626

abhishek@marketdataforecast.com

Source: EmailWire.Com