Medical Tourism Market Likely to Boost Future Growth by 2031: Medanta, Apollo Hospitals, Fortis Healthcare

HTF MI recently introduced the Global Medical Tourism Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborating market size (2025-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence.

Major companies profiled in Medical Tourism Market are: Bumrungrad International Hospital, Medanta, Apollo Hospitals, Fortis Healthcare, Max Healthcare, TATA Memorial Hospital, Mayo Clinic, Cleveland Clinic, Singapore General Hospital, All India Institute of Medical Sciences, Johns Hopkins Medicine, Mediclinic, HCA Healthcare, Ramsay Health Care, Cigna Global, Aetna, International Medical Group

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According to HTF MI, the Global Medical Tourism market is projected to grow from USD 102.5 Billion in 2024 to USD 171.7 Billion by 2032, at a CAGR of ~8.7%. from 2025 to 2032.

The Medical Tourism Market is Segmented by Type (Wellness Tourism, Dental Tourism, Cosmetic Surgery, Fertility Treatments, Orthopedic Surgery), by Application (Health & Wellness, Cosmetic Surgery, Cancer Treatment, Cardiology, Fertility Services) and by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA).

Definition:
Medical tourism involves traveling across borders to seek medical treatment and procedures that are unavailable, less expensive, or of higher quality in the destination country. The growing popularity of this sector is attributed to rising healthcare costs, long waiting times for treatment in developed countries, and the availability of specialized medical services in emerging economies.

Market Trends:
Growth in wellness tourism, more accessible treatments, use of telemedicine

Market Drivers:
Affordable healthcare, advancements in medical technology, rising healthcare costs in developed countries, shorter waiting times

Market Challenges:
Cultural and language barriers, potential safety concerns, legal and regulatory issues

Dominating Region:
Asia-Pacific

Fastest-Growing Region:
Asia-Pacific

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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Medical Tourism market segments by Types: Wellness Tourism, Dental Tourism, Cosmetic Surgery, Fertility Treatments, Orthopedic Surgery
Detailed analysis of Medical Tourism market segments by Applications: Health & Wellness, Cosmetic Surgery, Cancer Treatment, Cardiology, Fertility Services

Global Medical Tourism Market -Regional Analysis
North America: United States of America (US), Canada, and Mexico.
• South & Central America: Argentina, Chile, Colombia, and Brazil.
• Middle East & Africa: Kingdom of Saudi Arabia, United Arab Emirates, Turkey, Israel, Egypt, and South Africa.
• Europe: the UK, France, Italy, Germany, Spain, Nordics, BALTIC Countries, Russia, Austria, and the Rest of Europe.
• Asia: India, China, Japan, South Korea, Taiwan, Southeast Asia (Singapore, Thailand, Malaysia, Indonesia, Philippines & Vietnam, etc) & Rest
• Oceania: Australia & New Zealand

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Medical Tourism Market Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.

FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

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Points Covered in Table of Content of Global Medical Tourism Market:
Chapter 01 - Medical Tourism Executive Summary
Chapter 02 - Market Overview
Chapter 03 - Key Success Factors
Chapter 04 - Global Medical Tourism Market - Pricing Analysis
Chapter 05 - Global Medical Tourism Market Background or History
Chapter 06 - Global Medical Tourism Market Segmentation (e.g. Type, Application)
Chapter 07 - Key and Emerging Countries Analysis Worldwide Medical Tourism Market
Chapter 08 - Global Medical Tourism Market Structure & worth Analysis
Chapter 09 - Global Medical Tourism Market Competitive Analysis & Challenges
Chapter 10 - Assumptions and Acronyms
Chapter 11 - Medical Tourism Market Research Method

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, MINT, BRICS, G7, Western / Eastern Europe, or Southeast Asia. Also, we can serve you with customized research services as HTF MI holds a database repository that includes public organizations and Millions of Privately held companies with expertise across various Industry domains.

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