Global Medical Tourism
Market Report
2025
Global Medical Tourism market size was USD 110.12 Billion in 2022 and it is forecasted to reach USD 250.74 Billion by 2030. Medical Tourism Industry's Compound Annual Growth Rate will be 10.8% from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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Global Medical Tourism market size was USD 110.12 Billion in 2022 and it is forecasted to reach USD 250.74 Billion by 2030. Medical Tourism Industry's Compound Annual Growth Rate will be 10.8% from 2023 to 2030.
2021 | 2025 | 2033 | CAGR | |
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Global Medical Tourism Market Sales Revenue | 121212 | 121212 | 121212 | 10.8% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Service Type |
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Market Split by Treatment |
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Market Split by Tourist Type |
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Market Split by Tour Type |
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Market Split by Booking Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Medical Tourism Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Medical tourism is a term used to describe the practice of traveling to another country or region to receive medical treatment or procedures. The reasons for medical tourism can vary but often include seeking lower costs for medical procedures, accessing treatments that are not available in the patient's home country, or looking for more specialized or advanced medical care.
The increasing number of chronic diseases and growing technological advancements in medical devices for the treatment of various health disorders are some of the key major factors accelerating the growth of the medical tourism market. Furthermore, the increasing support by tourist departments and governments across the globe is surging market growth. Moreover, due to the high treatment cost and lack of treatment options in some countries, people seek medical tourism across developed countries where advanced medical treatment is available resulting in propelling market expansion.
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This industry is highly competitive, driven by rapid technological advancements, evolving consumer demands, and global connectivity needs. Some of the key Companies of Medical Tourism market are focusing on research and development to provide innovative products along with to fulfil a consumer demands. Additionally, regulatory changes and geopolitical challenges will play a crucial role in shaping the industry’s future. In this section we have included company revenue generated for Medical Tourism along with business overview, key strategies, SOWT analysis, recent development etc. Detailed analysis of each companies in this report will help you to understand how competitors are performing in this market. Moreover, it also helps to build strategies to enhance the company growth across the all regions.
Top Companies Market Share in Medical Tourism Industry: (In no particular order of Rank)
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North America held the major market share in the year 2022 owing to increasing healthcare spending and growing advancements in medical technologies. The U.S. has the maximum expensive healthcare system in the world. Healthcare spendings per capita are the highest at an average of USD 12,318. According to US Cooperative for International Patient Programs, 48 American health organizations made USD 2.93 billion in gross revenue from international patients.
The current report Scope analyzes Medical Tourism Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Medical Tourism Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Medical Tourism Industry growth. Medical Tourism market has been segmented with the help of its Service Type, Treatment Tourist Type, and others. Medical Tourism market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
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Based on treatment, the cancer treatment segment held the major share in the year 2022 owing to the rising prevalence of cancer patients across the globe. According to the Kenyan Ministry of Health, cancer is the most common disease among medical tourists and the 3rd leading cause of death.
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By Tourist Type, the outbound medical tourism segment held the major share owing to the high cost of treatment, access, and proximity are the main determinants of outbound medical travel. Inbound medical travel is primarily motivated by a lack of suitable medical infrastructure in source nations and quality, both in terms of medical and service quality.
Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modeling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product positioning and will assist you to understand opportunities and threats around the globe.
The Global Medical Tourism Market is witnessing significant growth in the near future.
In 2023, the Wellness Service segment accounted for noticeable share of global Medical Tourism Market and is projected to experience significant growth in the near future.
The Dental Treatment segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Bumrungrad International Hospital , Fortis Healthcare and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Service Type | Wellness Service, Therapeutic Service |
Treatment | Dental Treatment, Cosmetic Treatment, Cancer Treatment, Cardiovascular Treatment, Orthopedic Treatment, Others |
Tourist Type | Inbound Medical Tourism, Outbound Medical Tourism |
Tour Type | Independent Traveller, Tour Group |
Booking Channel | Online Booking, Offline Booking |
List of Competitors | Bumrungrad International Hospital, Apollo Hospitals, Fortis Healthcare, Asian Heart Institute, KPJ Healthcare Berhad, Livonta Global, Gleneagles Hospital |
This chapter will help you gain GLOBAL Market Analysis of Medical Tourism. Further deep in this chapter, you will be able to review Global Medical Tourism Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Medical Tourism. Further deep in this chapter, you will be able to review North America Medical Tourism Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Medical Tourism. Further deep in this chapter, you will be able to review Europe Medical Tourism Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Medical Tourism. Further deep in this chapter, you will be able to review Asia Pacific Medical Tourism Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Medical Tourism. Further deep in this chapter, you will be able to review South America Medical Tourism Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Medical Tourism. Further deep in this chapter, you will be able to review Middle East Medical Tourism Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Medical Tourism. Further deep in this chapter, you will be able to review Middle East Medical Tourism Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Medical Tourism. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Service Type Analysis 2019 -2031, will provide market size split by Service Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Service Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Treatment Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Tourist Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Tour Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 14 Market Split by Booking Channel Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Medical Tourism market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 16 Research Methodology and Sources
Why Wellness Service have a significant impact on Medical Tourism market? |
What are the key factors affecting the Wellness Service and Therapeutic Service of Medical Tourism Market? |
What is the CAGR/Growth Rate of Dental Treatment during the forecast period? |
By type, which segment accounted for largest share of the global Medical Tourism Market? |
Which region is expected to dominate the global Medical Tourism Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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