Press release
How Is the Medical Tourism Market Growing Due to Demand for Affordable Healthcare?
Medical Tourism Market Size, Share, Trends and Forecast by Treatment Type and Region, 2025-2033
Report Highlights:
How Big Is the global medical tourism market?
The global medical tourism market size was valued at USD 144.5 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 704.8 Billion by 2033, exhibiting a CAGR of 19.08% from 2025-2033. Asia-Pacific currently dominates the market, holding a market share of over 25.5% in 2024.
Increasing Cross-Border Healthcare Demand
Medical tourism is a global market that is expected to grow in size with the global demand of health care services across borders. Patients are prompted to seek cheaper and superior quality health care procedures abroad as an indicator of the expensive health care costs they are subjected to in their native countries. The highest demand services abroad in the coming year will be elective procedures, cosmetic surgery, dental procedures, and specialty services. Countries with the newest and best-equipped health services, the best health care professionals, and the lowest prices for these services are the same as those countries with the most international health tourists.
One of the leading driving factors in the growth of health tourism is the promise of higher quality healthcare with shorter waiting times in entirely new healthcare facilities. The worldwide awareness of healthcare as an online world, accessed through online marketplaces, social media, and telemedicine consultations, gives patients the ability to make informed choices about overseas healthcare providers. Increasing demand for cross-border consumption of healthcare services is being experienced in the markets, and medical clinics and hospitals are increasingly trying to develop different kinds of medical tourism packages incorporating transport, accommodation and care after the treatment itself, and the emerging markets are further establishing the medical tourism market.
Role of Government Initiatives and Private Investments
Telemedicine platforms, mobile apps and online portals will be the key growth drivers as they help the foreign patients to interact with the hospitals, doctors and treatment packages directly. The internet is also used to search for the lowest cost providers, read customer reviews and book an appointment. The patients can use online and mobile channels across the whole path, from pre-operative and post-operative and coordinating operations with the local travel and hospitality industries. AI and data analytics applications not only have potential for personalized patient adventures, but also increasingly for selecting appropriate treatment for selected patients and finally the health care outcome becomes improved at the end of the day. A digital-age medical traveler will be less agnostic and more likely to do so. The market of healthcare tourism is developing without exactly knowing its borders, though it is clear that prices, quality, and integrative health are growing in importance.
Medical Tourism Market Trends 2025
When you take into account the forecasted figures for 2025, it is clear that patients cannot deny that they must undergo medical treatment abroad in countries with better technology and lower incidences of the same type of medical treatment than in their home countries. The future is bright for medical wellness, and it is getting more and more popular as a complement to conventional medicine. What the nations have been doing is treating the patient he or she is through the use of advanced technologies, internet-based marketing, and remote healthcare. Healthcare providers have been concentrating on the accreditation of the healthcare providers in accordance with their nation's accreditation, multilingual services, and programs which ease it to blend treatment, traveling, and aftercare. The rise of personalized medicine, the prevalence of cultral(ad)aptability and customary hospitality, and the expansion of technology, new services and consortia between healthcare providers, tourism companies and government entities are all converging to change customer expectations and exert influence on the customary hospital sector. Thus, the above trends suggest this to be the emergence of a new convergence of the healthcare, technology, and tourism industries, and set the stage for the medical tourism market segment to experience a period of sustained growth and increased inflow of international patients.
Get your Sample of Medical Tourism Market Insights for Free: https://www.imarcgroup.com/medical-tourism-market/requestsample
Industry Segmentation:
Segmentation by Treatment Type:
• Cosmetic Treatment
• Dental Treatment
• Cardiovascular Treatment
• Orthopaedic Treatment
• Bariatric Surgery
• Fertility Treatment
• Ophthalmic Treatment
• Others
Regional Insights:
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America
Who are the key players operating in the industry?
The report covers the major market players including:
• Aditya Birla Capital Ltd.
• Apollo Hospitals
• Asian Heart Institute
• Barbados Fertility Center
• BB Health Solutions
• Bumrungrad International
• Fortis Healthcare
• Gleneagles Hospitals
• KPJ Healthcare
• Mount Elizabeth Hospitals
• Prince Court Medical Centre
• Raffles Medical Group
• Samitivej PCL
Ask Our Expert & Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=1934&flag=E
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-201971-6302
About Us:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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