According to IMARC Group, the global medical tourism market size reached US$ 46 Billion in 2019. Leading healthcare providers in the global medical tourism industry are currently focusing on providing innovative medicines and improved healthcare services to patients. Besides this, they are also offering comprehensive medical tourism packages to patients, which include all travel-related services ranging from ticket booking to accommodation and medical insurance. Furthermore, governing agencies of numerous countries have implemented stringent regulations to promote the growth of the medical infrastructure. This, in confluence with extensive research and development (R&D) activities, is anticipated to provide lucrative opportunities for...
According to the latest report by IMARC Group, titled “GCC In-vitro Diagnostic Devices Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the in-vitro diagnostic devices market in GCC reached US$ 969 Million in 2019. In-vitro diagnostic (IVD) devices refer to medical instruments that are used to perform tests using biological samples, such as blood, urine or tissue, taken from the human body. They are available in a wide variety, ranging from simple tests to sophisticated DNA analyzers, including calibrators, kits, software, reagents, control materials and other related instruments. IVD devices play a vital role in the GCC healthcare industry as they are crucial in the diagnosis of various medical...
The latest report by IMARC Group, titled “Pain Management Drugs Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, finds that the global pain management drugs market size reached US$ 41.2 Billion in 2019. Pain management drugs are a set of medications that are used for reducing or treating the pain associated with a disease, injury or surgery. These drugs provide relief by acting through distinctive physiological mechanisms. The management of pain remains of high relevance across a broad spectrum of medical fields as it is one of the most common concerns for physicians while dealing with severe medical conditions. Owing to this, pain management medicines have evolved into a large specialty area over the...
According to the latest report by IMARC Group, titled “Depression Drugs Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global depression drugs market size is expanding at a steady rate. Depression is a serious mental health disorder that negatively affects the way one feels, thinks and acts. It is characterized by persistent feelings of sadness and/or loss of interest. It is a severe illness that can lead to a variety of emotional and physical problems while decreasing the patient’s ability to function at work and home. After identifying specific symptoms and medical history, depression drugs are usually prescribed to the patients to help modify their brain chemistry. The purpose...
According to the latest report by IMARC Group, titled "Medical Tourism Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" the global medical tourism market value is currently experiencing strong growth. Medical tourism refers to the global phenomenon wherein individuals travel outside their country of residence for the purpose of receiving medical care. The patient mobility can be based on a quantitative as well as a qualitative shift in pattern across the globe. While a certain section of individuals travels from developed to developing economies to access health treatments at affordable costs, others prefer to visit developed countries for receiving medical treatment of improved quality...