SlideShare a Scribd company logo
1 of 12
Download to read offline
Outbound Medical Tourism Services Market: North America
Industry Analysis and Opportunity Assessment, 2016–2026
December 2016
©2015 Future Market Insights, All Rights Reserved
Report Id : REP-NA-2158
Status : Nov-2016
Category : Healthcare, Pharmaceuticals & Medical Devices
About
Future Market Insights
©2015 Future Market Insights, All Rights Reserved
Future Market Insights (FMI) is a premier provider of syndicated research reports, custom
research reports, and consulting services. We deliver a complete packaged solution, which
combines current market intelligence, statistical anecdotes, technology inputs, valuable growth
insights, aerial view of the competitive framework, and future market trends.
We provide research services at a global as well as regional level; key regions include GCC,
ASEAN, and BRIC.
Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy,
Technology, Healthcare, and Retail.
We have a global presence with delivery centers across India specializing in providing global
research reports and country research reports. FMI is headquartered out of London, U.K., with a
state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning
from every corner of the world to distill it to one thing – the perfect solution for our client.
Research Capabilities
Subscription Information
 Customized Research
 Syndicated Research
 Investment Research
 Social Media Research
Sector Coverage
 Automotive and Transportation
 Electronics, Semiconductor, and ICT
 Retail and Consumer Products
 Industrial Automation and Equipment
 Chemicals & Materials
 Food and Beverages
 Services and Utilities
 Energy, Mining, Oil, and Gas
For detailed subscription information please contact
Hari. T (Sr. Manager - Global Business Development)
T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268
Email: hari.t@futuremarketinsights.com
Customized
Research
Syndicated
Research
Investment
Research
Social Media
Research
2
Research Methodology (1/2)
Systematic Research Approach
In-depth secondary research is used to
ascertain overall market size, top
industry players, top products, industry
associations, etc.
PMR formulates a detailed discussion
guide to conduct expert and industry
interviews
PMR develops a list of industry players
(manufacturers), distributors, retailers
and industry experts
PMR conducts interviews with industry
experts, industry players, distributors
and retailers
Data is validated by triangulation
method, wherein secondary, primary
and PMR analysis contribute to the final
data
Data is scrutinized using MS-Excel to
obtain qualitative and quantitative
insights about the industry
PMR delivers industry insights and
information in the required format
(PDF)
Data
Collection
Data Filter
& Analysis
Research &
Intelligence
Actionable
Insights
Business
Solution
A
C
B
Primary
Research
Company
Analysis
Desk
Research
 Identifying key opinion leaders
 Questionnaire design
 In-depth interviews
 Coverage across value chain
 Market participants
 Key strengths
 Product portfolio
 Mapping as per value chain
 Key focus segments
 Key industry experts
 Channel study
 Developments
 Market dynamics
 Products
 Conclusions
SOLUTION
Primary Research#
 Linkedin
 Zoominfo
 Salesforce
 Avention
 Factiva
 GBI
 Genios
 Meltwater
 Company websites
 Company annual
reports
 White papers
 Financial reports
©2015 Future Market Insights, All Rights Reserved
Secondary Research # Paid Publications#
Insights
Market profiling
Formulating discussion guide
Developing list of respondents
Data analysis
Data validation
Data collection
1
2
3
4
5
6
7
# includes sources of databases
3
North America Outbound Medical Tourism Services Market Anticipated to Register a CAGR of
25.5% Between 2016 and 2026
According to a new report published by Future Market Insights titled “Outbound Medical Tourism
Services Market: North America Industry Analysis and Opportunity Assessment, 2016–2026”,
the North America outbound medical tourism services market is expected to reach a market
valuation of US$ 15.53 Bn by 2016 end and this is likely to increase to US$ 150.36 Bn by 2026.
According to Future Market Insights, factors such as a large ageing baby boomer population, large
uninsured population, and better technology and wider treatment options are expected to drive
the revenue growth of the North America outbound medical tourism services market over the
forecast period. Economic factors such as rising rate of health insurance premiums, high cost of
medical treatments in the U.S., and parallel tourism with medical treatment are expected to boost
the growth of the North America outbound medical tourism services market between 2016 and
2026. The other factors impacting the North America outbound medical tourism services market
are long waiting time for specialist appointments in the U.S. and increasing preference for non-
conventional treatment options. The demand for cosmetic correction procedures and dental
treatments has been significantly high in the U.S. market in recent years, making North America
the most lucrative regional market for outbound medical tourism services. According to the
International Society of Aesthetic Plastic Surgery, the U.S. was the largest market for cosmetic
procedures in 2015.
North America Outbound Medical Tourism Services Market
©2015 Future Market Insights, All Rights Reserved 4
Lack of effective follow-up care on returning home, rampant medical malpractices in medical
tourism destinations, proliferation of superbugs in medical tourism destinations, problems
associated with language barriers, and privacy concerns are some of the challenges anticipated to
restrict revenue growth of the North America outbound medical tourism services market over the
forecast period.
Segmentation highlights
The North America outbound medical tourism services market is segmented into the following
therapeutic applications – Cosmetic Surgery Treatment, Dental Treatment, Cardiovascular
Treatment, Orthopaedic Treatment, Cancer Treatment, Fertility Treatment, Weight Loss Treatment,
Spinal Surgery Treatment, Neurology Treatment, and Other General Treatment.
 The Cosmetic Surgery Treatment segment is estimated to be valued at US$ 3,760.9 Mn by 2016
end
 The Cancer Treatment segment is anticipated to register a CAGR of 22.0% over the forecast
period
 The Orthopaedic Treatment segment is estimated to create absolute $ opportunity of US$
1,658.9 Mn in 2017 over 2016
North America Outbound Medical Tourism Services Market
©2015 Future Market Insights, All Rights Reserved 5
Regional forecast
The North America outbound medical tourism services market is segmented into the two top countries of
U.S and Canada. U.S. is projected to occupy a major share in the North America outbound medical
tourism services market in terms of value. The U.S market is anticipated to be valued at US$ 14.98 Bn by
the end of 2016. In terms of value, U.S. is expected to be the dominant regional market by 2026 end and
is expected to register a CAGR of 25.7% over the forecast period. Canada is expected to have
comparatively less market potential for outbound medical tourism services, registering a CAGR of 18.1%
over the forecast period.
Vendor insights
The report profiles some of the top companies operating in the North America outbound medical tourism
services market. Leading market players featured in the report are Apollo Hospital Enterprise Limited,
Bumrungrad International Hospital, KPJ Healthcare Berhad, Christus Muguerza Hospital, WorldMed
Assist, Mednamaste, and Global Medical Tourism Inc. Major market players are adopting strategies such
as market expansion and strategic alliances to maintain their market share. Some of these companies are
also adopting strategies such as backward integration to support their core business of medical tourism.
Companies are offering services such as insurance and financing for medical tourism and are looking to
expand their global footprint by enhancing their foreign customer base.
North America Outbound Medical Tourism Services Market
©2015 Future Market Insights, All Rights Reserved 6
Click here to
Order a free sample
©2015 Future Market Insights, All Rights Reserved
Table of Content
1. North America Outbound Medical Tourism Services Market - Executive Summary
2. Research Methodology
3. Assumptions and Acronyms Used
4. North America Medical Tourism Services Market Overview
4.1. Introduction
4.1.1. North America Outbound Medical Tourism Services Market Taxonomy
4.1.2. North America Outbound Medical Tourism Services Market Definition
4.2. North America Outbound Medical Tourism Services Market Size and Forecast
4.2.1. North America Outbound Medical Tourism Services Market Y-o-Y Growth
4.2.2. North America Outbound Medical Tourism Services Market Absolute $ Opportunity
4.3. Pricing Analysis
4.3.1. Average Treatment Cost by Therapeutic Application
7
©2015 Future Market Insights, All Rights Reserved
Table of Content
4.4. North America Outbound Medical Tourism Services Market Overview
4.4.1. Number of In-patients in US opting for Medical Tourism Services
4.4.2. Reimbursement Scenario
4.4.3. Major Countries for Medical Tourism opting by US In-patients
4.5. North America Outbound Medical Tourism Services Market Dynamics
4.5.1. Drivers
4.5.1.1. Supply Side
4.5.1.2. Demand Side
4.5.2. Restraints
4.5.3. Market Trends
5. North America Outbound Medical Tourism Services Market Analysis and Forecast By Therapeutic
Application
5.1. Introduction
5.2. North America Outbound Medical Tourism Services Market Size and Forecast By Therapeutic
Application
5.2.1. BPS Analysis, By Therapeutic Application
5.2.2. Y-o-Y growth comparison, By Therapeutic Application
8
©2015 Future Market Insights, All Rights Reserved
Table of Content
5.3. North America Outbound Medical Tourism Services Market Size (US$ Mn) Forecast By
Therapeutic Application
5.3.1. Cosmetic Surgery Treatment
5.3.2. Dental Treatment
5.3.3. Cardiovascular Treatment
5.3.4. Orthopedic Treatment
5.3.5. Cancer Treatment
5.3.6. Fertility Treatment
5.3.7. Weight Loss Treatment
5.3.8. Spinal Surgery Treatment
5.3.9. Neurology Treatment
5.3.10. Other General Treatment
5.4. North America Outbound Medical Tourism Services Market ('000 Procedures) Volume
Forecast By Therapeutic Application
5.4.1. Cosmetic Surgery Treatment
5.4.2. Dental Treatment
5.4.3. Cardiovascular Treatment
5.4.4. Orthopedic Treatment
9
©2015 Future Market Insights, All Rights Reserved
Table of Content
10
5.4.5. Cancer Treatment
5.4.6. Fertility Treatment
5.4.7. Weight Loss Treatment
5.4.8. Spinal Surgery Treatment
5.4.9. Neurology Treatment
5.4.10. Other General Treatment
5.5. North America Outbound Medical Tourism Services Market Size (US$ Mn) Forecast By Country
5.5.1. US
5.5.2. Canada
5.6. North America Outbound Medical Tourism Market ('000 Procedures) Volume Forecast By Country
5.6.1. US
5.6.2. Canada
5.7. Market Attractiveness Analysis By Therapeutic Application
5.8. Prominent Trends
6. US Outbound Medical Tourism Services Market Analysis and Forecast By Therapeutic Application
6.1. Introduction
©2015 Future Market Insights, All Rights Reserved
Table of Content
6.3. US Outbound Medical Tourism Services Market ('000 Procedures) Volume Forecast By
Therapeutic Application
6.3.1. Cosmetic Surgery Treatment
6.3.2. Dental Treatment
6.3.3. Cardiovascular Treatment
6.3.4. Orthopedic Treatment
6.3.5. Cancer Treatment
6.3.6. Fertility Treatment
6.3.7. Weight Loss Treatment
6.3.8. Spinal Surgery Treatment
6.3.9. Neurology Treatment
6.3.10. Other General Treatment
11
Click here to
Order a free sample
©2015 Future Market Insights, All Rights Reserved
Future Market Insights Global & Consulting Private Limited (FMI)
Thank You
To know more about us, please visit our website:
www.futuremarketinsights.com
For sales queries or new topics email us on:
sales@futuremarketinsights.com
For media queries, contact the press office at
press@futuremarketinsights.com
For other queries contact:
Hari. T (Sr. Manager - Global Business Development)
Future Market Insights: 3rd Floor,
207 Regent Street, London W1B 3HH
T: +44 20 7692 8790 | D: +44 20 3287 4268
Email: hari.t@futuremarketinsights.com
12

More Related Content

Recently uploaded

Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Dave Litwiller
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Delhi Call girls
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communicationskarancommunications
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetDenis Gagné
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Roland Driesen
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Neil Kimberley
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒anilsa9823
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessAggregage
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMRavindra Nath Shukla
 
HONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsHONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsMichael W. Hawkins
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...Any kyc Account
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...Paul Menig
 
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 DelhiCall Girls in Delhi
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageMatteo Carbone
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Tina Ji
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLSeo
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation SlidesKeppelCorporation
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxAndy Lambert
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayNZSG
 

Recently uploaded (20)

Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communications
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for Success
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSM
 
HONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsHONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael Hawkins
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...
 
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptx
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 May
 

Featured

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by HubspotMarius Sescu
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTExpeed Software
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsPixeldarts
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthThinkNow
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfmarketingartwork
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024Neil Kimberley
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)contently
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024Albert Qian
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsKurio // The Social Media Age(ncy)
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summarySpeakerHub
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next Tessa Mero
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best PracticesVit Horky
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project managementMindGenius
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...RachelPearson36
 

Featured (20)

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPT
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage Engineerings
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
 
Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 

North America Outbound Medical Tourism Services Market to Grow at a CAGR of 25.5% through 2026

  • 1. Outbound Medical Tourism Services Market: North America Industry Analysis and Opportunity Assessment, 2016–2026 December 2016 ©2015 Future Market Insights, All Rights Reserved Report Id : REP-NA-2158 Status : Nov-2016 Category : Healthcare, Pharmaceuticals & Medical Devices
  • 2. About Future Market Insights ©2015 Future Market Insights, All Rights Reserved Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Research Capabilities Subscription Information  Customized Research  Syndicated Research  Investment Research  Social Media Research Sector Coverage  Automotive and Transportation  Electronics, Semiconductor, and ICT  Retail and Consumer Products  Industrial Automation and Equipment  Chemicals & Materials  Food and Beverages  Services and Utilities  Energy, Mining, Oil, and Gas For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Customized Research Syndicated Research Investment Research Social Media Research 2
  • 3. Research Methodology (1/2) Systematic Research Approach In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. PMR formulates a detailed discussion guide to conduct expert and industry interviews PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts PMR conducts interviews with industry experts, industry players, distributors and retailers Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry PMR delivers industry insights and information in the required format (PDF) Data Collection Data Filter & Analysis Research & Intelligence Actionable Insights Business Solution A C B Primary Research Company Analysis Desk Research  Identifying key opinion leaders  Questionnaire design  In-depth interviews  Coverage across value chain  Market participants  Key strengths  Product portfolio  Mapping as per value chain  Key focus segments  Key industry experts  Channel study  Developments  Market dynamics  Products  Conclusions SOLUTION Primary Research#  Linkedin  Zoominfo  Salesforce  Avention  Factiva  GBI  Genios  Meltwater  Company websites  Company annual reports  White papers  Financial reports ©2015 Future Market Insights, All Rights Reserved Secondary Research # Paid Publications# Insights Market profiling Formulating discussion guide Developing list of respondents Data analysis Data validation Data collection 1 2 3 4 5 6 7 # includes sources of databases 3
  • 4. North America Outbound Medical Tourism Services Market Anticipated to Register a CAGR of 25.5% Between 2016 and 2026 According to a new report published by Future Market Insights titled “Outbound Medical Tourism Services Market: North America Industry Analysis and Opportunity Assessment, 2016–2026”, the North America outbound medical tourism services market is expected to reach a market valuation of US$ 15.53 Bn by 2016 end and this is likely to increase to US$ 150.36 Bn by 2026. According to Future Market Insights, factors such as a large ageing baby boomer population, large uninsured population, and better technology and wider treatment options are expected to drive the revenue growth of the North America outbound medical tourism services market over the forecast period. Economic factors such as rising rate of health insurance premiums, high cost of medical treatments in the U.S., and parallel tourism with medical treatment are expected to boost the growth of the North America outbound medical tourism services market between 2016 and 2026. The other factors impacting the North America outbound medical tourism services market are long waiting time for specialist appointments in the U.S. and increasing preference for non- conventional treatment options. The demand for cosmetic correction procedures and dental treatments has been significantly high in the U.S. market in recent years, making North America the most lucrative regional market for outbound medical tourism services. According to the International Society of Aesthetic Plastic Surgery, the U.S. was the largest market for cosmetic procedures in 2015. North America Outbound Medical Tourism Services Market ©2015 Future Market Insights, All Rights Reserved 4
  • 5. Lack of effective follow-up care on returning home, rampant medical malpractices in medical tourism destinations, proliferation of superbugs in medical tourism destinations, problems associated with language barriers, and privacy concerns are some of the challenges anticipated to restrict revenue growth of the North America outbound medical tourism services market over the forecast period. Segmentation highlights The North America outbound medical tourism services market is segmented into the following therapeutic applications – Cosmetic Surgery Treatment, Dental Treatment, Cardiovascular Treatment, Orthopaedic Treatment, Cancer Treatment, Fertility Treatment, Weight Loss Treatment, Spinal Surgery Treatment, Neurology Treatment, and Other General Treatment.  The Cosmetic Surgery Treatment segment is estimated to be valued at US$ 3,760.9 Mn by 2016 end  The Cancer Treatment segment is anticipated to register a CAGR of 22.0% over the forecast period  The Orthopaedic Treatment segment is estimated to create absolute $ opportunity of US$ 1,658.9 Mn in 2017 over 2016 North America Outbound Medical Tourism Services Market ©2015 Future Market Insights, All Rights Reserved 5
  • 6. Regional forecast The North America outbound medical tourism services market is segmented into the two top countries of U.S and Canada. U.S. is projected to occupy a major share in the North America outbound medical tourism services market in terms of value. The U.S market is anticipated to be valued at US$ 14.98 Bn by the end of 2016. In terms of value, U.S. is expected to be the dominant regional market by 2026 end and is expected to register a CAGR of 25.7% over the forecast period. Canada is expected to have comparatively less market potential for outbound medical tourism services, registering a CAGR of 18.1% over the forecast period. Vendor insights The report profiles some of the top companies operating in the North America outbound medical tourism services market. Leading market players featured in the report are Apollo Hospital Enterprise Limited, Bumrungrad International Hospital, KPJ Healthcare Berhad, Christus Muguerza Hospital, WorldMed Assist, Mednamaste, and Global Medical Tourism Inc. Major market players are adopting strategies such as market expansion and strategic alliances to maintain their market share. Some of these companies are also adopting strategies such as backward integration to support their core business of medical tourism. Companies are offering services such as insurance and financing for medical tourism and are looking to expand their global footprint by enhancing their foreign customer base. North America Outbound Medical Tourism Services Market ©2015 Future Market Insights, All Rights Reserved 6 Click here to Order a free sample
  • 7. ©2015 Future Market Insights, All Rights Reserved Table of Content 1. North America Outbound Medical Tourism Services Market - Executive Summary 2. Research Methodology 3. Assumptions and Acronyms Used 4. North America Medical Tourism Services Market Overview 4.1. Introduction 4.1.1. North America Outbound Medical Tourism Services Market Taxonomy 4.1.2. North America Outbound Medical Tourism Services Market Definition 4.2. North America Outbound Medical Tourism Services Market Size and Forecast 4.2.1. North America Outbound Medical Tourism Services Market Y-o-Y Growth 4.2.2. North America Outbound Medical Tourism Services Market Absolute $ Opportunity 4.3. Pricing Analysis 4.3.1. Average Treatment Cost by Therapeutic Application 7
  • 8. ©2015 Future Market Insights, All Rights Reserved Table of Content 4.4. North America Outbound Medical Tourism Services Market Overview 4.4.1. Number of In-patients in US opting for Medical Tourism Services 4.4.2. Reimbursement Scenario 4.4.3. Major Countries for Medical Tourism opting by US In-patients 4.5. North America Outbound Medical Tourism Services Market Dynamics 4.5.1. Drivers 4.5.1.1. Supply Side 4.5.1.2. Demand Side 4.5.2. Restraints 4.5.3. Market Trends 5. North America Outbound Medical Tourism Services Market Analysis and Forecast By Therapeutic Application 5.1. Introduction 5.2. North America Outbound Medical Tourism Services Market Size and Forecast By Therapeutic Application 5.2.1. BPS Analysis, By Therapeutic Application 5.2.2. Y-o-Y growth comparison, By Therapeutic Application 8
  • 9. ©2015 Future Market Insights, All Rights Reserved Table of Content 5.3. North America Outbound Medical Tourism Services Market Size (US$ Mn) Forecast By Therapeutic Application 5.3.1. Cosmetic Surgery Treatment 5.3.2. Dental Treatment 5.3.3. Cardiovascular Treatment 5.3.4. Orthopedic Treatment 5.3.5. Cancer Treatment 5.3.6. Fertility Treatment 5.3.7. Weight Loss Treatment 5.3.8. Spinal Surgery Treatment 5.3.9. Neurology Treatment 5.3.10. Other General Treatment 5.4. North America Outbound Medical Tourism Services Market ('000 Procedures) Volume Forecast By Therapeutic Application 5.4.1. Cosmetic Surgery Treatment 5.4.2. Dental Treatment 5.4.3. Cardiovascular Treatment 5.4.4. Orthopedic Treatment 9
  • 10. ©2015 Future Market Insights, All Rights Reserved Table of Content 10 5.4.5. Cancer Treatment 5.4.6. Fertility Treatment 5.4.7. Weight Loss Treatment 5.4.8. Spinal Surgery Treatment 5.4.9. Neurology Treatment 5.4.10. Other General Treatment 5.5. North America Outbound Medical Tourism Services Market Size (US$ Mn) Forecast By Country 5.5.1. US 5.5.2. Canada 5.6. North America Outbound Medical Tourism Market ('000 Procedures) Volume Forecast By Country 5.6.1. US 5.6.2. Canada 5.7. Market Attractiveness Analysis By Therapeutic Application 5.8. Prominent Trends 6. US Outbound Medical Tourism Services Market Analysis and Forecast By Therapeutic Application 6.1. Introduction
  • 11. ©2015 Future Market Insights, All Rights Reserved Table of Content 6.3. US Outbound Medical Tourism Services Market ('000 Procedures) Volume Forecast By Therapeutic Application 6.3.1. Cosmetic Surgery Treatment 6.3.2. Dental Treatment 6.3.3. Cardiovascular Treatment 6.3.4. Orthopedic Treatment 6.3.5. Cancer Treatment 6.3.6. Fertility Treatment 6.3.7. Weight Loss Treatment 6.3.8. Spinal Surgery Treatment 6.3.9. Neurology Treatment 6.3.10. Other General Treatment 11 Click here to Order a free sample
  • 12. ©2015 Future Market Insights, All Rights Reserved Future Market Insights Global & Consulting Private Limited (FMI) Thank You To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com 12