SAN FRANCISCO, July 25, 2018 /PRNewswire/ --
The global medical tourism market size is expected to reachUSD 131.35 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 20.24% during the forecast period. Growing geriatric population coupled with improving accessibility of high-quality
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Furthermore, countries such as Thailand, India, and Singapore are home to several tourist attraction spots, which help medical tourists to relax and recover after a medical procedure. This is, thereby, working in favor of the overall market. For instance, in May 2017, Malaysia won the Health and Medical Tourism Destination of the year award by the International Medical Travel Journal.
The medical tourism market is witnessing a high growth due to rising advertising and marketing of medical facilities coupled with increasing government investments in healthcare infrastructure. Apollo Hospital, headquartered in Chennai, India, is located in 60 locations across the nation and has its own health insurance scheme.
Browse full research report with TOC on "Medical Tourism Market Size, Share & Trends Analysis Report By Country (Costa Rica, Mexico, India, Thailand, Malaysia, and Singapore), Competitive Landscape, and Segment Forecasts, 2018 - 2025" at: https://www.grandviewresearch.com/industry-analysis/medical-tourism-market
Further Key Findings From the Report Suggest:
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Grand View Research has segmented the global medical tourism market based on country:
Explore the BI enabled intuitive market research database, The Grand Library, by Grand View Research, Inc.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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SOURCE Grand View Research, Inc.
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