Medical Tourism Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Global Medical Tourism Market size was valued at USD 44.8 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 21% from 2021 to 2027.

Medical tourism can be defined as organized travel across borders to receive some form of treatment that may or may not be available in the traveler’s home country. Medical tourists travel across national borders to maintain, improve, or recover health through affordable medical facilities and treatments available in other countries that are relatively expensive in their home countries. Medical tourists travel for treatments such as dental, neurological, and cardiovascular treatments.

 

Market Segments

By Application

• Cardiovascular surgery
• Cosmetic surgery
• Dental surgery
• Orthopedic surgery
• Bariatric surgery
• Fertility treatment
• Oncology treatment
• Others

Key Players

Major players operating in the market include Aditya Birla Memorial Hospital, Apollo Hospitals Enterprise Limited, Asian Heart Institute, Barbados Fertility Center, Fortis Healthcare Limited, KPJ Healthcare Berhad, NTT Medical Center Tokyo, Prince Court Medical Centre, Samitivej PCL, Seoul National University Hospital, and Wooridul Spine Hospital.

Scope of the Report

The research study analyzes the global Medical Tourism industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Medical Tourism Market Report

1. What was the Medical Tourism Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Medical Tourism Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Medical Tourism Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.