Turkey has emerged as one of the most popular destinations in Europe for medical tourism. The country’s medical tourism industry has unprecedentedly grown over the past few years. Being a source as well as destination market, the Turkish medical tourism industry revenue is expected to increase manifold in the coming years. It is anticipated that the number of medical tourists will rise at a CAGR of around 28% during 2010-2013 on account of the government support. The government has been readily spending on the promotional activities to boost the nation’s medical tourism industry.
According to our new research report “Emerging Medical Tourism in Turkey”, the Turkish medical tourism sector is expected to register strong growth in the near future owing to a rise in investments by the private sector. As the country boasts one of the highest number of JCI accredited hospitals and easy travel assistance, medical tourists from all over the world have started taking interest in Turkey. With the very low cost of treatments and sophisticated technology equipped hospitals, the number of medical tourists will rise in the coming years. To support this evidence, we have done an extensive analysis of various segments of the medical tourism market.
The baseline for the optimistic future outlook of the report is the rising number of medical tourists from the United States. The flow of medical tourists from the US has risen after the economic recession that left a large section of the population unemployed and uninsured. Hence, uninsured people travel to Turkey for their medical treatments done at low cost. Medical tourists from the Middle East will also pave way for the Turkish medical tourism market to grow in the coming years.
The report incorporates an extensive research and rational analysis of the medical tourism industry in Turkey. It provides segment level analysis of the industry along with future trends that may shape up in the coming years. The research will help consultants, industry analysts and vendors to get an in-depth knowledge of the cost advantage that the medical tourism in Turkey offers. Our report also includes the recent government initiatives to promote the medical tourism industry and detailed analysis of the key industry players.