DUBLIN–(BUSINESS WIRE)–The “Medical Tourism Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 – By Product, Technology, Grade, Application, End-user and Region” report has been added to ResearchAndMarkets.com’s offering.
The global medical tourism market has seen substantial growth as individuals worldwide seek cost-effective healthcare solutions.
Medical tourism destinations have been enhancing their offerings, incorporating advanced technologies like robotics, improving hospitality, providing state-of-the-art palliative care units, and ensuring easy access to medications. These improvements have garnered recognition and accreditation from an expanding international clientele.
While the COVID-19 pandemic has temporarily impacted the global medical tourism market, it is expected to rebound as healthcare costs continue to rise in developed economies.
Although the pandemic initially affected the industry’s revenue, with the rollout of vaccines and the eventual subsiding of the virus, the market is projected to regain momentum. Developing economies must swiftly implement measures to control the pandemic to benefit from the backlog of patients seeking elective surgeries through medical tourism.
Bariatric, orthopedic, and ophthalmologic surgeries have been among the highest revenue-generating procedures in the medical tourism industry. Demand for bariatric surgery, cancer treatments, and cardiovascular surgeries is expected to remain high.
Orthopedic procedures such as hip and knee replacements will also attract international clients. Additionally, dental procedures and cosmetic surgeries, which are relatively more affordable, are expected to continue to be popular among medical tourists.
Fertility tourism is poised to drive the prominence of the Asia Pacific region in the medical tourism market. Key countries contributing to this market include Thailand, India, Malaysia, Turkey, Singapore, South Korea, and Taiwan, among others.
Factors such as improved healthcare infrastructure, a growing number of private hospitals, reduced language barriers, and increased internet accessibility have all contributed to the region’s success. In recent years, countries like India, Iran, and Mexico have seen an increase in fertility tourism due to the growing demand for procedures like in vitro fertilization (IVF), artificial insemination, donor selection, and surrogacy.
The lack of insurance coverage for fertility treatments has also driven individuals to seek fertility tourism, providing significant momentum to this segment.
Company Profiles
- Apollo Hospitals
- Curotrip
- Euromedical Tours
- Teknon Medical Center
- NTT Medical Center Tokyo
- Sourasky Medical Center (Ichilov)
- Samsung Medical Center
- KPJ Healthcare Berhad
- Bangkok Chain Hospitals
- Asian Heart Institute
- Others
Key Topics Covered:
1. Executive Summary
1.1. Global Medical Tourism Market Outlook, 2019 – 2030 (US$ Million and Number of Patients in Thousand)
1.2. Global Medical Tourism Market Incremental Opportunity, 2019 – 2030 (US$ Million)
1.3. Key Industry Trends
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities Matrix
2.3. Regulatory Guidelines
2.4. Reimbursement Scenario
2.5. Covid-19 Impact Analysis
3. Medical Tourism Prices in Selected Countries, 2022
4. Global Medical Tourism Market Outlook, 2019 – 2030
4.1. Global Medical Tourism Market Outlook, by Treatment, Value (US$ Mn) and Volume (No. of Patients in Thousand), 2019 – 2030
4.1.1. Key Highlights
4.1.1.1. Cosmetic surgery
4.1.1.2. Dentistry
4.1.1.3. Cardiac Surgery
4.1.1.4. Orthopedic Surgery
4.1.1.5. Neurology
4.1.1.6. Oncology
4.1.1.7. Fertility
4.1.1.8. Eye Surgery
4.1.1.9. Others
4.1.2. BPS Analysis/Market Attractiveness Analysis
5. Global Medical Tourism Market Outlook, 2019 – 2030
5.1. Global Medical Tourism Market Outlook, by Service Type, Value (US$ Mn) and Volume (No. of Patients in Thousand), 2019 – 2030
5.1.1. Key Highlights
5.1.1.1. Wellness Treatment
5.1.1.2. Medical Treatment
5.1.1.3. Alternative Medicine
5.1.1.4. Others
5.1.2. BPS Analysis/Market Attractiveness Analysis
5.2. Global Medical Tourism Market Outlook, by Service Provider, Value (US$ Mn) and Volume (No. of Patients in Thousand), 2019 – 2030
5.2.1. Key Highlights
5.2.1.1. Private
5.2.1.2. Public
5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Global Medical Tourism Market Outlook, by Region, Value (US$ Mn) and Volume (No. of Patients in Thousand), 2019 – 2030
5.3.1. Key Highlights
5.3.1.1. North America
5.3.1.2. Europe
5.3.1.3. Asia Pacific
5.3.1.4. Latin America
5.3.1.5. Middle East & Africa
5.3.2. BPS Analysis/Market Attractiveness Analysis
For more information about this report visit https://www.researchandmarkets.com/r/tog3px
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