What is Travel Medical Service Market?
Travel medical services provides vaccines for travel, travel health consulting, travellers’ diarrhoea medicine, dengue fever prevention, malaria medication, travel health alerts, and many more. It deals with the prevention and management of health problems of international travellers. Travel medicine is offered for health of travellers who visit foreign countries. It is an interdisciplinary speciality which is concerned not only with prevention of infectious diseases during travel but also with the personal safety of travellers and the avoidance of environmental risks.
The market study is being classified by Type (Heavy Medical Mode, Light Medical Model, Comprehensive Health Care and Others), by Application (Cosmetic Medicine, Disease Treatment and Other) and major geographies with country level break-up.
Manor Medical Center (Israel), Saint Lucia Consulting (China), Concord Healthcare Consulting (United States), L'AVION (France), Ctrip International (China), Traveler's Medical Service (United States), UCLH (United Kingdom), Passport Health (United States), Travel Medicine & Vaccination Centre (Canada) and e7 Health (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are EvergreenHealth (United States), Global Travel Plus (Philippines), World Travel Care (United States), GMS (Group Medical Services) and International Medical Services (Saudi Arabia).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Travel Medical Service market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Travel Medical Service market by Type, Application and Region.
On the basis of geography, the market of Travel Medical Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing global population and changing consumer demands
- Growing travel industry is fuelling the market growth
Restraints
- Costs Associated with Medical Services
Opportunities
- Increasing investments on travel industry
- Offerings of health services such as insurance along with travel services
Challenges
- Lack of awareness among the individuals
Key Target Audience
Travel service providers, Health care organisations, Government associations, Research organisations and Others