Global Wellness Tourism (Medical Tourism) Market is Expected to Grow at Staggering CAGR of 10.69% During 2016-2020

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23 Aug, 2016, 14:00 GMT

ALBANY, New York, August 23, 2016 /PRNewswire/ --

Researchmoz has released a new market report titled "Global Wellness Tourism Market 2016-2020". People traveling to domestic or foreign locations and staying for not more than one consecutive year for business, leisure, and other purposes are defined as tourists. Tourism is one of the major sources of income for many countries. It positively affects the economy of both the source and host countries.

Research has found that by actively engaging stroke patients in repetitive tasks, the brain is able to rewire neurological pathways to motor functions.  In this manner patients who have lost functions are able to relearn movement.  The awareness and movement of hemi-paretic limbs can occur and functional recovery can continue even years after the brain injury.  Much of the damage to a brain comes from lack of oxygen, even brief lack of oxygen is detrimental to the brain.  The ability to recover is an ongoing process, something that robotic therapy over time will help.

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Technavio's analysts forecast the global wellness tourism market to grow at a CAGR of -10.69% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global wellness tourism market for 2016-2020. To calculate the market size, the report considers the revenue generated from healthy diet and weight management, physical fitness and sports, beauty treatments, relaxation and stress relief, meditation, yoga, health-related education, procedures or treatments using conventional, alternative, complementary, herbal, or homeopathic medicine.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • Europe
  • MEA

Technavio's report, Global Wellness Tourism Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Research Report with ToC & Free Analysis: http://www.researchmoz.us/global-wellness-tourism-market-2016-2020-report.html

Key vendors  

  • Accor
  • Allergan
  • Carlson Rezidor
  • Canyon Ranch
  • Four Seasons
  • Fitpacking
  • Galderma
  • Hilton
  • Hyatt
  • IHG
  • Ipsen
  • KPJ Healthcare

Browse Related Research Report: 

Medical Tourism Market Report: 2015 Edition 

Medical tourism is a high-growth industry driven by globalization and rising healthcare costs in developed countries. People prefer traveling to developing countries for treatments in order to save cost. More than forty countries in Asia, America, Africa and Eastern Europe are serving millions of medical tourists annually. International medical service providers are in continuous race to get accreditation from Joint Commission International (JCI).

Thailand, Singapore, Malaysia and India are the major destinations in the Asian medical tourism market. Thailand is more popular among Western European medical tourists for cosmetic surgery. Singapore and India specialize in complex procedures with India having a cost advantage and Singapore a technology advantage.

Browse more details at: http://www.researchmoz.us/medical-tourism-market-report-2015-edition-report.html

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