Global Medical Tourism Market Demand Supply Growth Factors Latest Rising Trend and Forecast to 2032

The global medical tourism market is projected to reach a value of $298,784.4 million by 2032, exhibiting a robust annual growth rate of 17.8% during the period 2022-2032. This growth is primarily fueled by the escalating healthcare expenses in developed nations, inadequate insurance benefits, and the absence of healthcare coverage in local markets. Additionally, the market is driven by the increasing demand for non-covered procedures such as gender reassignment surgery and reproductive therapy, the accessibility to cutting-edge treatment procedures, the rising prevalence of lifestyle-related disorders, and the aging population.

Report Overview:

This comprehensive report titled “Global Medical Tourism Market 2022-2032” provides an extensive analysis of the entire global medical tourism market and its sub-segments. Spanning 186 pages, the report incorporates 94 tables and 94 figures. It is based on meticulous research utilizing both primary and secondary information sources, with insights derived from industry professionals across the value chain. The report encompasses the years 2020-2022, and forecasts the market from 2023 to 2032, with 2022 as the base year (Please note: The report will be updated 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:

  • North America (U.S., Canada, Mexico)
  • Europe (Poland, UK, France, Spain, Greece, Hungary, Rest of Europe including Germany, Italy, Netherlands, Russia, Switzerland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, Finland)
  • APAC (Japan, China, Thailand, Singapore, India, Rest of APAC including Malaysia, Australia, Indonesia, South Korea, New Zealand, Vietnam, Taiwan, Philippines)
  • South America (Brazil, Costa Rica, Argentina, Rest of South America)
  • MEA (UAE, Turkey, South Africa, Rest of MEA)

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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