Pulished Date August, 2019
ID: 1774
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Middle East & Africa Medical Tourism Market Research Report – Segmented by Treatment Type, Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA) - Industry Analysis, Size, Share, Growth, Trends, Forecast (2019 - 2024)

Pulished: August, 2019
ID: 1774
Pages: 145

MEA Medical Tourism Market Size & Growth (2019 - 2024)

The size of the Medical Tourism Market in the Middle East & Africa was worth USD 0.83 billion in 2019 and estimated to be growing at a CAGR of 8.546%, to reach USD 1.25 billion by 2024.

Huge investments by government bodies in the hospital sector to promote better quality treatment procedures for the people is a key driving factor for the market to grow in this region. The rising number of patients suffering from various health disorders is straightly propelling the demand for the medical tourism market in the Middle East and Africa. Growing awareness over the availability of different treatment procedures among individuals is accelerating the growth rate of the market. Travel agencies are also offering great deals for the medical travelers which are fuelling the growth rate of the market. The development of healthcare centers with equipment and other services is expanding the demand of the market to the extent. Rise in the number of private hospitals and prevalence to support high-quality services and facilities to the patients is leveling up the demand of the market.

However, fluctuations in the economic strategies are slightly hampering the growth of the market. The people in rural areas may not have complete knowledge over the medical tourism packages and this will inhibit the growth rate of the medical tourism market in the Middle East & Africa. Increasing prices of tickets may also impact negatively on the growth of the market. 

Growth opportunities for the market lie in the emergence of advanced technologies in the medical sector. The availability of skilled professionals in developed countries is also one of the factors creating a chance for the market to grow. Stringent rules and regulations by the government to improve the healthcare services in hospitals are boosting up the demand of the market. Increasing disposable income in both developed and developing countries is ascribed to gear up the growth rate of the market.

This research report has been segmented and sub-segmented into the following categories:

  • By Treatment Type - Cardiovascular Treatment, Orthopedic Treatment, Fertility Treatment, Neurological Treatment, Dental Treatment, Cancer Treatment, Cosmetic Treatment, and Others
  • By Country – KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA

Regional Analysis:

In the Middle East and Africa, UAE is holding the largest shares of the market with the increasing cancer patients. Growing capital income is one of the factors for the market to grow in this country. Medical tourism is having support from the government through investments which is expanding the growth rate of the market. Saudi Arabia is positioned second in having dominant shares of the market. The increasing availability of medical professionals is likely to bolster the demand of the market. Good deals between insurance companies and hospital management are also expanding the size of the market eventually in Saudi Arabia. Launch of government schemes in favor of the end-users is also magnifying the demand of the market. The rest of the Middle East & Africa is anticipated to slow growth rate in the coming years.

Key players influencing the MEA Medical Tourism Market are Min-Sheng General Hospital, Apollo Hospitals Enterprise Limited, Samitivej Sukhumvit, Fortis Healthcare Ltd., Prince Court Medical Center, Bangkok Hospital Medical Center, Asian Heart Institute KPJ Healthcare Berhad, Raffles Medical Group, and Bumrungrad International Hospital.

1.Introduction                                                  

                1.1 Market Definition                                    

                1.2 Study Deliverables                                  

                1.3 Base Currency, Base Year and Forecast Periods                                          

                1.4 General Study Assumptions                                

2. Research Methodology                                                           

                2.1 Introduction                                               

                2.2 Research Phases                                      

                                2.2.1 Secondary Research                           

                                2.2.2 Primary Research                 

                                2.2.3 Econometric Modelling                      

                                2.2.4 Expert Validation                  

                2.3 Analysis Design                                         

                2.4 Study Timeline                                          

3. Overview                                                       

                3.1 Executive Summary                                

                3.2 Key Inferences                                         

                3.3 Epidemology                                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                    

                4.1 Market Drivers                                          

                4.2 Market Restraints                                    

                4.3 Key Challenges                                         

                4.4 Current Opportunities in the Market                                              

5. Market Segmentation                                                              

                5.1 Type                                              

                                5.1.1 Introduction                           

                                5.1.2  Orthopedic                            

                                5.1.3 Neurological                           

                                5.1.4  Cardiovascular                      

                                5.1.5 Fertility                     

                                5.1.6 Cancer Treatment                

                                5.1.7  Y-o-Y Growth Analysis, By Type                    

                                5.1.8  Market Attractiveness Analysis, By Type                  

                                5.1.9  Market Share Analysis, By Type                    

6. Geographical Analysis                                                              

                6.1 Introduction                                               

                                6.1.1 Regional Trends                    

                                6.1.2 Impact Analysis                     

                                6.1.3 Y-o-Y Growth Analysis                        

                                                6.1.3.1 By Geographical Area     

                                                6.1.3.2 By Type 

                                6.1.4  Market Attractiveness Analysis                     

                                                6.1.4.1 By Geographical Area     

                                                6.1.4.2 By Type 

                                6.1.5  Market Share Analysis                      

                                                6.1.5.1 By Geographical Area     

                                                6.1.5.2 By Type 

                6.2 Middle-East                                                

                6.3 Africa                                            

7.Strategic Analysis                                                        

                7.1 PESTLE analysis                                         

                                7.1.1 Political                     

                                7.1.2 Economic                 

                                7.1.3 Social                         

                                7.1.4 Technological                         

                                7.1.5 Legal                          

                                7.1.6 Environmental                       

                7.2 Porter’s Five analysis                                              

                                7.2.1 Bargaining Power of Suppliers                        

                                7.2.2 Bargaining Power of Consumers                    

                                7.2.3 Threat of New Entrants                     

                                7.2.4 Threat of Substitute Products and Services                              

                                7.2.5 Competitive Rivalry within the Industry                     

8.Market Leaders' Analysis                                                         

                8.1 Apollo Hospitals Enterprise Limited                                  

                                8.1.1 Overview                 

                                8.1.2 Product Analysis                   

                                8.1.3 Financial analysis                  

                                8.1.4 Recent Developments                       

                                8.1.5 SWOT analysis                       

                                8.1.6 Analyst View                          

                8.2 Samitivej Sukhumvit                                               

                8.3 Fortis Healthcare Ltd.                                             

                8.4 Asian Heart Institute                                              

                8.5 Prince Court Medical Center                                               

                8.6 Bangkok Hospital Medical Center                                     

                8.7 KPJ Healthcare Berhad                                          

                8.8 Raffles Medical Group                                           

                8.9 Bumrungrad International Hospital                                  

                8.10 Min-Sheng General Hospital                                             

9.Competitive Landscape                                                            

                9.1 Market share analysis                                            

                9.2 Merger and Acquisition Analysis                                       

                9.3 Agreements, collaborations and Joint Ventures                                         

                9.4 New Product Launches                                         

10.Market Outlook and Investment Opportunities                                                          

Appendix                                                           

                a) List of Tables                                

                b) List of Figures                                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and 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 the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, 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
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  • Middle East & Africa Medical Toursim Market Market By Treatment Type, From 2019 - 2024 ( USD Billion )
  • Middle East & Africa Orthopedic Market By Region, From 2019 - 2024 ( USD Billion )
  • Middle East & Africa  Neurological Market By Region, From 2019 - 2024 ( USD Billion )
  • Middle East & Africa Cardiovascular Market By Region, From 2019 - 2024 ( USD Billion )
  • Middle East & Africa Fertility Market By Region, From 2019 - 2024 ( USD Billion )
  • Middle East & Africa Cancer Treatment Market By Region, From 2019 - 2024 ( USD Billion )
  • Middle East Medical Toursim Market Market By Treatment Type, From 2019 - 2024 ( USD Billion )
  • Africa Medical Toursim Market Market By Treatment Type, From 2019 - 2024 ( USD Billion )

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