Global Medical Tourism Market 2024-2028

Description

List of Tables

The medical tourism market is forecasted to grow by USD 85.9 bn during 2023-2028, accelerating at a CAGR of 32.11% during the forecast period. The report on the medical tourism market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by availability of low-cost treatment options, rise in international accreditation by hospitals, and growing adoption of cosmetic surgery.

Technavio's medical tourism market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	24.3%
CAGR	32.11%
Incremental Value	$85.9 bn

By Type

Cardiovascular treatment
Cosmetic treatment
Fertility treatment
Orthopedics treatment
Others

By Service Type

Private
Public

By Geographical Landscape

North America
APAC
Europe
Middle East and Africa
South America

This study identifies the growing focus on technological advancements as one of the prime reasons driving the medical tourism market growth during the next few years. Also, joint ventures and collaboration between vendors and geographical expansion by vendors will lead to sizable demand in the market.

The report on the medical tourism market covers the following areas:

Medical tourism market sizing
Medical tourism market forecast
Medical tourism market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medical tourism market vendors that include Anadolu Medical Center, Apollo International Ltd., Asian Heart Institute, Asian institute of medical sciences, Asklepios Kliniken GmbH and Co. KGaA, Athina Global Health, Bangkok Chain Hospital Public Co. Ltd, Bangkok Dusit Medical Services Public Co. Ltd., BNH Medical Centre Co. Ltd., Bumrungrad Hospital Public Co. Ltd, Clalit Research Institute, Clemenceau Medical Center, Dr. B. L. Kapur Memorial Hospital, Global Health Ltd., IHH Healthcare Berhad., Min Sheng General Hospital, Raffles Medical Group Ltd, Spire Healthcare Group Plc, The Cleveland Clinic Foundation, and The Johns Hopkins Health System Corp.. Also, the medical tourism market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR71168

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Service Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Medical Tourism Market 2018 - 2022
- Historic Market Size - Data Table on Global Medical Tourism Market 2018 - 2022 ($ billion)
4.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.3 Service Type segment analysis 2018 - 2022
- Historic Market Size - Service Type Segment 2018 - 2022 ($ billion)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Type

6.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
6.3 Cardiovascular treatment - Market size and forecast 2023-2028
- Chart on Cardiovascular treatment - Market size and forecast 2023-2028 ($ billion)
- Data Table on Cardiovascular treatment - Market size and forecast 2023-2028 ($ billion)
- Chart on Cardiovascular treatment - Year-over-year growth 2023-2028 (%)
- Data Table on Cardiovascular treatment - Year-over-year growth 2023-2028 (%)
6.4 Cosmetic treatment - Market size and forecast 2023-2028
- Chart on Cosmetic treatment - Market size and forecast 2023-2028 ($ billion)
- Data Table on Cosmetic treatment - Market size and forecast 2023-2028 ($ billion)
- Chart on Cosmetic treatment - Year-over-year growth 2023-2028 (%)
- Data Table on Cosmetic treatment - Year-over-year growth 2023-2028 (%)
6.5 Fertility treatment - Market size and forecast 2023-2028
- Chart on Fertility treatment - Market size and forecast 2023-2028 ($ billion)
- Data Table on Fertility treatment - Market size and forecast 2023-2028 ($ billion)
- Chart on Fertility treatment - Year-over-year growth 2023-2028 (%)
- Data Table on Fertility treatment - Year-over-year growth 2023-2028 (%)
6.6 Orthopedics treatment - Market size and forecast 2023-2028
- Chart on Orthopedics treatment - Market size and forecast 2023-2028 ($ billion)
- Data Table on Orthopedics treatment - Market size and forecast 2023-2028 ($ billion)
- Chart on Orthopedics treatment - Year-over-year growth 2023-2028 (%)
- Data Table on Orthopedics treatment - Year-over-year growth 2023-2028 (%)
6.7 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
6.8 Market opportunity by Type
- Market opportunity by Type ($ billion)
- Data Table on Market opportunity by Type ($ billion)

7 Market Segmentation by Service Type

7.1 Market segments
- Chart on Service Type - Market share 2023-2028 (%)
- Data Table on Service Type - Market share 2023-2028 (%)
7.2 Comparison by Service Type
- Chart on Comparison by Service Type
- Data Table on Comparison by Service Type
7.3 Private - Market size and forecast 2023-2028
- Chart on Private - Market size and forecast 2023-2028 ($ billion)
- Data Table on Private - Market size and forecast 2023-2028 ($ billion)
- Chart on Private - Year-over-year growth 2023-2028 (%)
- Data Table on Private - Year-over-year growth 2023-2028 (%)
7.4 Public - Market size and forecast 2023-2028
- Chart on Public - Market size and forecast 2023-2028 ($ billion)
- Data Table on Public - Market size and forecast 2023-2028 ($ billion)
- Chart on Public - Year-over-year growth 2023-2028 (%)
- Data Table on Public - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Service Type
- Market opportunity by Service Type ($ billion)
- Data Table on Market opportunity by Service Type ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ billion)
- Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 Thailand - Market size and forecast 2023-2028
- Chart on Thailand - Market size and forecast 2023-2028 ($ billion)
- Data Table on Thailand - Market size and forecast 2023-2028 ($ billion)
- Chart on Thailand - Year-over-year growth 2023-2028 (%)
- Data Table on Thailand - Year-over-year growth 2023-2028 (%)
9.10 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ billion)
- Data Table on India - Market size and forecast 2023-2028 ($ billion)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
9.11 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
9.12 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ billion)
- Data Table on France - Market size and forecast 2023-2028 ($ billion)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ billion)
- Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Anadolu Medical Center
- Anadolu Medical Center - Overview
- Anadolu Medical Center - Product / Service
- Anadolu Medical Center - Key offerings
12.4 Asian Heart Institute
- Asian Heart Institute - Overview
- Asian Heart Institute - Product / Service
- Asian Heart Institute - Key offerings
12.5 Asian institute of medical sciences
- Asian institute of medical sciences - Overview
- Asian institute of medical sciences - Product / Service
- Asian institute of medical sciences - Key offerings
12.6 Asklepios Kliniken GmbH and Co. KGaA
- Asklepios Kliniken GmbH and Co. KGaA - Overview
- Asklepios Kliniken GmbH and Co. KGaA - Business segments
- Asklepios Kliniken GmbH and Co. KGaA - Key offerings
- Asklepios Kliniken GmbH and Co. KGaA - Segment focus
12.7 Bangkok Chain Hospital Public Co. Ltd
- Bangkok Chain Hospital Public Co. Ltd - Overview
- Bangkok Chain Hospital Public Co. Ltd - Product / Service
- Bangkok Chain Hospital Public Co. Ltd - Key offerings
12.8 Bangkok Dusit Medical Services Public Co. Ltd.
- Bangkok Dusit Medical Services Public Co. Ltd. - Overview
- Bangkok Dusit Medical Services Public Co. Ltd. - Product / Service
- Bangkok Dusit Medical Services Public Co. Ltd. - Key offerings
12.9 BNH Medical Centre Co. Ltd.
- BNH Medical Centre Co. Ltd. - Overview
- BNH Medical Centre Co. Ltd. - Product / Service
- BNH Medical Centre Co. Ltd. - Key offerings
12.10 Bumrungrad Hospital Public Co. Ltd
- Bumrungrad Hospital Public Co. Ltd - Overview
- Bumrungrad Hospital Public Co. Ltd - Product / Service
- Bumrungrad Hospital Public Co. Ltd - Key offerings
12.11 Clemenceau Medical Center
- Clemenceau Medical Center - Overview
- Clemenceau Medical Center - Product / Service
- Clemenceau Medical Center - Key offerings
12.12 Global Health Ltd.
- Global Health Ltd. - Overview
- Global Health Ltd. - Product / Service
- Global Health Ltd. - Key offerings
12.13 IHH Healthcare Berhad.
- IHH Healthcare Berhad. - Overview
- IHH Healthcare Berhad. - Product / Service
- IHH Healthcare Berhad. - Key news
- IHH Healthcare Berhad. - Key offerings
12.14 Min Sheng General Hospital
- Min Sheng General Hospital - Overview
- Min Sheng General Hospital - Product / Service
- Min Sheng General Hospital - Key offerings
12.15 Raffles Medical Group Ltd
- Raffles Medical Group Ltd - Overview
- Raffles Medical Group Ltd - Business segments
- Raffles Medical Group Ltd - Key offerings
- Raffles Medical Group Ltd - Segment focus
12.16 The Cleveland Clinic Foundation
- The Cleveland Clinic Foundation - Overview
- The Cleveland Clinic Foundation - Product / Service
- The Cleveland Clinic Foundation - Key offerings
12.17 The Johns Hopkins Health System Corp.
- The Johns Hopkins Health System Corp. - Overview
- The Johns Hopkins Health System Corp. - Product / Service
- The Johns Hopkins Health System Corp. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations