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Global Medical Tourism Market to grow at a CAGR of 11.04% by 2030, Evaluates DelveInsight | Apollo Hospitals Enterprise Ltd., Fortis Healthcare, Samitivej PCL., KPJ Healthcare Behard, Prince Court Medical Centre, Medanta The Medicity, Wockhardt Hospitals
According to DelveInsight's analysis, The growth of the medical tourism market from 2024 to 2030 is expected to be driven by several key factors, including limited insurance coverage for certain treatments in home countries, lack of support for specific medical procedures locally, and added advantages offered by destination countries such as affordable care, high-quality hospitality, personalized treatment, and increasing government efforts and partnerships to promote medical tourism.DelveInsight's "Medical Tourism Market Insights, Competitive Landscape and Market Forecast-2030" report provides the current and forecast market outlook, forthcoming device innovation, challenges, market drivers and barriers. The report also covers the major emerging products and key Medical Tourism companies actively working in the market.
To know more about why North America is leading the market growth in the Medical Tourism market, get a snapshot of the report Medical Tourism Market Trends
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Medical Tourism Overview
Medical tourism refers to the practice of traveling to another country to receive medical care, often to access higher-quality treatment, lower costs, or specialized procedures not available locally. It includes services like surgeries, dental care, fertility treatments, and cosmetic procedures.
DelveInsight Analysis: The global medical tourism market was valued at USD 31,176.14 million in 2023 and is projected to grow at a CAGR of 11.04% from 2024 to 2030, reaching USD 58,216.94 million by 2030.
Medical Tourism Market Insights
Geographically, The Asia Pacific region is anticipated to dominate the medical tourism market in 2021 and maintain its leading position throughout the forecast period. This dominance is attributed to improved healthcare infrastructure, access to high-quality medical services, and the adoption of advanced medical technologies. Additionally, the region's focus on patient hospitality and streamlined administrative procedures has attracted a growing number of international patients. According to the Medical Tourism Association, which supports the global medical tourism and international patient industry, countries like Singapore, Japan, and India ranked among the top 10 in the Medical Tourism Index (MTI) out of 46 countries assessed in 2020.
To read more about the latest highlights related to Medical Tourism, get a snapshot of the key highlights entailed in the Medical Tourism Market Landscape
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Recent Developments in the Medical Tourism Market Report
• In May 2025, The Government of India revealed plans to introduce a centralized digital platform for medical tourism, designed to simplify the patient experience and establish India as a top destination for medical value travel.
• In April 2024, Indonesia revealed plans to adopt a strategic multi-sectoral approach to strengthen its medical tourism sector, emphasizing collaboration among key stakeholders to address challenges and seize growth opportunities.
• Thus, owing to such developments in the market, rapid growth will be observed in the Medical Tourism market during the forecast period
Key Players in the Medical Tourism Market
Some of the key market players operating in the Medical Tourism market include- Apollo Hospitals Enterprise Ltd., Fortis Healthcare, Samitivej PCL., KPJ Healthcare Behard, Prince Court Medical Centre, Medanta The Medicity, Wockhardt Hospitals, Metro Group of Hospitals, Penang Adventist Hospital, Zulekha Healthcare, Asian Institute of Medical Sciences, Hospital CMQ, San Javier Hospital, Médica Sur, Kameda Medical Center, Universal Hospital, Cocoona Centre for Aesthetic Transformation, Fakih IVF Fertility Centre, 97.7 B&H hospital, BLK-MAX Super Specialty Hospital, and others.
Which MedTech key players in the Medical Tourism market are set to emerge as the trendsetter explore @ Key Medical Tourism Companies
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Analysis on the Medical Tourism Market Landscape
The global medical tourism market is experiencing significant growth due to the exceptionally high costs of treatments and healthcare services in patients' home countries. Additionally, the increasing incidence of conditions like cardiovascular diseases, cancer, and other health disorders in developed nations is further contributing to the expansion of the medical tourism market.
Challenges such as difficulties in patient follow-up and potential post-surgical complications are expected to hinder the growth of the medical tourism market. Furthermore, the COVID-19 pandemic significantly disrupted the market due to widespread travel restrictions imposed by countries to curb the spread of the virus. The suspension of elective surgeries also contributed to the slowdown. However, with the global rollout of vaccines and large-scale vaccination campaigns, healthcare systems have resumed regular operations, and the medical tourism market is anticipated to recover and return to normal growth.
Scope of the Medical Tourism Market Report
• Coverage: Global
• Study Period: 2021-2030
• Medical Tourism Market Segmentation By Treatment Type: Cosmetic Treatment, Cardiovascular Treatment, Orthopaedics Treatment, Bariatric Treatment, Cancer Treatment, And Other Treatments
• Medical Tourism Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of the World
• Key Medical Tourism Companies: Apollo Hospitals Enterprise Ltd., Fortis Healthcare, Samitivej PCL., KPJ Healthcare Behard, Prince Court Medical Centre, Medanta The Medicity, WockhardtHospitals, Metro Group of Hospitals, Penang Adventist Hospital, Zulekha Healthcare, Asian Institute of Medical Sciences, Hospital CMQ, San Javier Hospital, Médica Sur, Kameda Medical Center, Universal Hospital, Cocoona Centre for Aesthetic Transformation, Fakih IVF Fertility Centre, 97.7 B&H hospital, BLK-MAX Super Specialty Hospital, and others
• Porter's Five Forces Analysis, Product Profiles, Case Studies, KOL's Views, Analyst's View
Interested in knowing how the Medical Tourism market will grow by 2030? Click to get a snapshot of the Medical Tourism Market Analysis
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Table of Contents
1 Medical Tourism Market Report Introduction
2 Medical Tourism Market Executive summary
3 Regulatory and Patent Analysis
4 Medical Tourism Market Key Factors Analysis
5 Porter's Five Forces Analysis
6 COVID-19 Impact Analysis on Medical Tourism Market
7 Medical Tourism Market Layout
8 Global Company Share Analysis - Key 3-5 Companies
9 Company and Product Profiles
10 Project Approach
11 Medical Tourism Market Drivers
12 Medical Tourism Market Barriers
13 About DelveInsight
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Contact Us
Gaurav Bora
info@delveinsight.com
+14699457679
www.delveinsight.com
About DelveInsight
DelveInsight is a leading Business Consultant and Market Research firm focused exclusively on life sciences. It supports Pharma companies by providing end-to-end comprehensive solutions to improve their performance.
Get hassle-free access to all the healthcare and pharma market research reports through our subscription-based platform PharmDelve.
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