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Medical Tourism Market Rising as Patients Seek Affordable Global Healthcare | Raffles Medical Group, Medobal, Bookimed, RealSelf, Inc., KPJ Healthcare Berhad, Japan Dream Tour Co., Ltd.
Medical Tourism Market
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Medical Tourism Market Growth
The Global Medical Tourism Market reached US$ 47.09 billion in 2024 and is expected to reach US$ 230.35 billion by 2033, growing at a CAGR of 19.4% during the forecast period 2025-2033.
Comprehensive Insight into Medical Tourism Market Landscape and Growth Trends:
Medical tourism involves patients traveling across international borders to obtain medical treatment. Services sought include elective procedures, surgeries, dental care, fertility treatments, and wellness therapies.
Rising healthcare costs in developed countries, improved healthcare infrastructure in emerging economies, and shorter waiting times have contributed to the rapid growth of medical tourism. Countries like India, Thailand, and Mexico are prominent destinations offering high-quality, cost-effective care.
Major Players Shaping the Competitive Landscape:
Raffles Medical Group, Medobal, Bookimed, RealSelf, Inc., KPJ Healthcare Berhad, Japan Dream Tour Co., Ltd., JTB Corp., SilaMed e.K., Medibliss Tours Limited, American Medical Care and among others.
Important Mergers, Acquisitions, and Market Shifts:
September 17, 2024 - (Carried into 2025 impact) EaseMyTrip acquired a 49% stake in Pflege Home Healthcare and 30% in Rollins International for a total of ₹90 crore (~USD 11 million), marking its strategic first step into medical tourism and integrating home healthcare and wellness services into its travel offerings .
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Methodology and Scope:
This Medical Tourism Market report is developed using a robust research methodology that combines primary interviews, insights from industry experts, and verified secondary sources such as company filings, trade journals, and trusted databases. It follows a bottom-up and top-down approach to ensure data accuracy through triangulation. The scope of the report covers current market trends, growth potential, and strategic developments across global and regional markets.
Regional Overview for Medical Tourism Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
The Report Includes:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Go-to-market Strategy.
➡ Neutral perspective on the market performance.
➡ Customized regional/country reports as per request and country level analysis.
➡ Potential & niche segments and regions exhibiting promising growth covered.
People Also Ask:
➠ What are the global sales, production, consumption, imports, and exports in the Medical Tourism market?
➠ Who are the top manufacturers, and what are their capacity, production, sales, pricing, and revenue stats?
➠ What key opportunities and challenges do vendors face in the Medical Tourism industry?
➠ Which product types, applications, or end-users are driving market growth, and what is their market share?
➠ What are the major growth drivers and restraints of the Medical Tourism market?
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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