The North America medical tourism market is expected to experience a robust annual growth rate of 19.9% during the forecast period, reaching a value of $29,251.0 million by 2032. This growth is primarily driven by several factors, including the escalating healthcare expenses in developed countries, inadequate insurance benefits, and the absence of healthcare coverage in local markets. Additionally, there is an increased demand for non-covered operations such as gender reassignment surgery and reproductive therapy, as well as a rising accessibility to the latest and technologically advanced treatment procedures. The market is further fueled by the prevalence of lifestyle-related disorders and the aging population.
A comprehensive report titled “North America Medical Tourism Market 2022-2032” provides an in-depth analysis of the entire North America medical tourism market, including its sub-segments. The report spans 118 pages, featuring 28 tables and 56 figures. It is based on meticulous research using premium primary and secondary information sources, with insights derived from industry professionals across the value chain. The report covers the years 2020-2022 and provides a forecast from 2023 to 2032, using 2022 as the base year (Note: The report will be updated before delivery to reflect the latest historical year as the base year and will cover at least 5 years beyond the base year)
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Qualitative Analysis:
The report conducts in-depth qualitative analyses, examining various aspects including market structure, growth drivers, restraints and challenges, emerging product trends, market opportunities, and Porter’s Five Forces analysis. The global market trend and outlook are forecasted from optimistic, balanced, and conservative perspectives, considering factors such as COVID-19 and the Russia-Ukraine conflict. The balanced projection serves as the most likely scenario for quantifying the global medical tourism market across specialty type, tourism type, consumer group, tour type, and region.
Competitive Landscape:
- Aditya Birla Memorial Hospital
- Anadolu Medical Center
- Apollo Hospital Enterprise Limited
- Asian Heart Institute
- Asklepios Kliniken GmbH and Co. KGaA
- Bangkok Hospital Medical Center
- Barbados Fertility Center
- Bumrungrad International Hospital
- Clemenceau Medical Center
- Fortis Healthcare
- Gleneagles Hospital
- KPJ Healthcare Berhad
- Prince Court Medical Center
- Raffles Medical Group
- Samitivej Plc
- Seoul National University Hospital
- UZ Leuven
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Market Segmentation:
Specialty Type:
- Cosmetic Surgery: Breast Surgery, Face Surgery, Liposuction, Other Cosmetic Surgeries
- Cardiac Surgery: Coronary Artery Bypass Surgery (CABG), Angioplasty, Other Cardiac Surgeries
- Orthopedic Treatment: Knee Replacement, Hip Replacement, Other Orthopedic Treatments
- Dental Treatment
- Fertility Treatment
- Organ Transplant: Liver Transplant, Kidney Transplant, Bone Marrow Transplant, Other Organ Transplants
- Bariatric Surgery
- Other Specialty Types
Tourism Type:
- International Tourism
- Domestic Tourism
Consumer Group:
- Men
- Women
- Kids
Tour Type:
- Independent Travelers
- Tour Group
- Package Travelers
Regional Analysis:
- U.S.
- Canada
- Mexico
For each region and country mentioned above, detailed analysis and revenue data ($ mn) are provided for the period 2022-2032. The report includes the breakdown of regional markets by country and the division of each national market by specialty type, consumer group, and tour type throughout the forecast years.
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