Press release
Medical Tourism Market Research Report 2023-2028: Industry Growth, Share, Size and Forecast
Medical Tourism Market
IMARC Group's latest research report, titled "Medical Tourism Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028," The global medical tourism market size reached US$ 97.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 337.0 Billion by 2028, exhibiting a growth rate (CAGR) of 23.6% during 2023-2028.
What is Medical Tourism ? :
Medical Tourism refers to the practice of individuals traveling to another country to seek medical treatment, surgeries, or health-related services. This trend is often driven by the quest for better quality, specialized care, or cost-effective medical procedures, and sometimes even a combination of all these factors. Medical tourism is characterized by a well-structured collaboration between the healthcare, tourism, and hospitality industries, providing seamless services for the patients and their companions. The process typically involves patients seeking medical professionals abroad, connecting with medical tourism facilitators, planning the journey, undergoing treatment, and potentially enjoying a vacation during the recovery period.
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Medical Tourism Market Growth and Demand Analysis:
The global market is primarily driven by the increasing disparity in healthcare costs between developed and developing nations. In line with this, the lack of accessibility to specialized treatments in certain regions is also providing an impetus to the market. Moreover, the advancement in medical technologies and the availability of internationally accredited medical facilities are acting as significant growth-inducing factors.
Besides this, the proliferation of quality healthcare providers with English-speaking staff in many countries is creating lucrative opportunities in the market. The market is further driven by the growing collaboration between hospitals and travel agencies, simplifying the patient's travel and accommodation needs. Apart from this, the rise in disposable income, government initiatives to promote medical tourism, easy visa procedures for medical travelers, and an increase in non-invasive treatments and therapies are propelling the market.
Top Medical Tourism Companies Worldwide:
• Aditya Birla Memorial Hospital
• Apollo Hospitals Enterprise Limited
• Asian Heart Institute
• Barbados Fertility Center
• BB Health Solutions.
• Fortis Healthcare
• Healthbase
• KPJ Healthcare Berhad
• Prince Court Medical Centre
• Samitivej
• Seoul National University Hospital
• UZ Leuven
Do you know more information, Contact to our analyst at- https://www.imarcgroup.com/medical-tourism-market
Key Market Segmentation:
Breakup by Treatment Type:
• Cosmetic Treatment
• Dental Treatment
• Cardiovascular Treatment
• Orthopaedic Treatment
• Bariatric Surgery
• Fertility Treatment
• Ophthalmic Treatment
• Others
Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
TOC for the Medical Tourism Market Research Report:
• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• Global Medical Tourism Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape
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Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
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