According to the latest research report from the IMARC group, titled “Medical Tourism Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
The global medical tourism market size reached a value of US$81.1 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$273.7 billion by 2027presenting a CAGR of 22.98% over the period 2022-2027. Medical tourism refers to organized travel across international borders to receive medical treatment, which may or may not be available in the country of origin. Medical tourism provides affordable healthcare facilities and treatment options to patients while ensuring an improved quality of life, as well as healthcare jobs, increased foreign income and continuous updates of latest medical technologies.
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Important Attribute and Report Highlights:
- Detailed Global Market Share Analysis
- Market segmentation by type of treatment
- Historical, current and projected market size in terms of volume and value
- Latest industry trends and developments
- Competitive landscape for the medical tourism market
- Strategies of key players and product offerings
Global Medical Tourism Market Trends:
The global medical tourism market is primarily driven by the ease of access and affordability of high quality healthcare services in developing economies. In this light, expensive medical treatments in developed countries are contributing significantly to the growth of the market. Furthermore, the widespread adoption of latest medical technologies in the healthcare infrastructure is fueling the growth of the market. Apart from this, an increase in the number of cancer patients coupled with the rising incidence of cancer globally, as well as a lack of availability of advanced cancer treatments, is further catalyzing the growth of the market. Additionally, an increase in growing investments from governments of many countries as well as private player agencies to promote medical tourism is also boosting the growth of the market. Additionally, growing expenditure on medical infrastructure is creating a positive outlook for the market.
Best medical tourism companies in the world in 2022:
- Aditya Birla Memorial Hospital
- Apollo Hospitals Company Limited
- Asian Heart Institute
- Barbados Fertility Center
- BB Health Solutions.
- Fortis Health
- health base
- KPJ Healthcare Berhad
- Prince Court Medical Center
- Seoul National University Hospital
- UZ Leuven
Do you know more information, contact our analyst at– https://www.imarcgroup.com/medical-tourism-market
Overview of the impact of COVID-19:
We regularly monitor the direct effect of COVID-19[feminine] in the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
Key Market Segmentation:
Breakdown by type of treatment:
- Cosmetic Treatment
- dental treatment
- Cardiovascular treatment
- orthopedic treatment
- Bariatric surgery
- Fertility treatment
- Ophthalmic treatment
Breakdown by region:
- North America (USA, Canada)
- Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
Table of Contents of Medical Tourism Market Research Report:
- Scope and methodology
- Global medical tourism market
- SWOT analysis
- Value chain analysis
- Price analysis
- Competitive landscape
Who we are:
The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.
IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.
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