Medical Tourism Market: Global Opportunities for Affordable Healthcare Solutions
As per Fortune Business Insights’ report, the Medical Tourism Market sector attained a worth of USD 24.14 Billion in 2024. Forecasts indicate a promising path, foreseeing a Compound Annual Growth Rate (CAGR) of 21.4% from 2024 to 2032. This trajectory will culminate in a noteworthy achievement of USD 137.71 billion by 2032, highlighting considerable opportunities within this flourishing high-volume industry. North America dominated the market in 2024.
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In a recent study, Fortune Business Insights presents the nitty-gritty of the global Medical Tourism Market considering 2024–2032 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities, and market growth trends. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.
Top Companies in the Medical Tourism Market:
- Bumrungrad International Hospital (Thailand)
- Apollo Hospitals (India)
- Bangkok Chain Hospital (Thailand)
- Fortis Healthcare (India)
- Asian Heart Institute (India)
- KPJ Healthcare Berhad (Malaysia)
- Livonta Global (India)
- Gleneagles Hospital (India)
The Medical Tourism Market study outlines the key regions of North America, Latin America, Europe, East Asia, and Japan along with the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing, and gross margin.
Medical Tourism Market Dynamics:
- Rising Healthcare Costs in Developed Countries: Increasing healthcare expenses in regions like the U.S. and Europe are driving patients to seek affordable treatment abroad.
- Improved Quality of Medical Services in Emerging Markets: Countries like Thailand, India, and Mexico are enhancing their healthcare infrastructure and services, attracting international patients.
- Post-COVID Demand Surge: With travel restrictions eased, there’s a surge in postponed medical treatments, driving demand for cross-border healthcare.
- Integration of Medical and Wellness Tourism: Combining medical procedures with wellness experiences (e.g., recovery retreats) is an emerging trend.
- Technological Advancements and Telemedicine: Teleconsultations and digital healthcare platforms are facilitating easier access to international healthcare providers.
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The insights for each vendor consist of:
- Company profile
- SWOT analysis
- Main market information
- Market share
- Revenue, pricing, and gross margin
Crucial insights in the Medical Tourism Market research:
- Underlying macro- and microeconomic factors impacting the growth of the Medical Tourism Market.
- Basic overview of Medical Tourism Market, including market definition, classification, and applications.
- Scrutinization of each Medical Tourism Market player based on mergers & acquisitions, R&D projects, and product launches.
- Adoption trend of Medical Tourism Market across various industries.
- Important regions and countries offer lucrative opportunities to Medical Tourism Market stakeholders.
Important regions covered in the Medical Tourism Market report include:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
Table of Contents:
1. Introduction
1.1 Research Scope
1.2 Customer Segmentation
1.3 Data Gathering Strategies
1.4 Key Definitions & Caveats
2. Executive Summary
3. Market Dynamics
3.1 Medical Tourism Market Drivers
3.2 Medical Tourism Market Restraints
3.3 Market Opportunities
4. Key Insights
4.1 Value Chain
4.2 Major M&A moves and game-changing partnerships.
4.3 Covid-19 Impact
5. Future of the Healthcare Industry
6. Competitive Landscape
7. Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
8. Medical Tourism Market Growth Size 2024
9. Strategies Adopted by Leading Players
10. Company Profiles (Overview, Financials, Products and Services, and Recent Developments)
11. Disclaimer
TOC Continued…!
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FAQ’s
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