Global medical tourism market will reach $298,784.4 million by 2032, growing by 17.8% annually over 2022-2032, driven by the growing healthcare expenses in developed countries, inadequate insurance benefits and a lack of healthcare insurance in the local market, increased demand for non-covered operations such as gender reassignment surgery and reproductive therapy, the rising accessibility to the most recent and technologically radical procedures of treatment, and the growing lifestyle-related disorders along with the aging population.
Highlighted with 94 tables and 94 figures, this 186-page report “Global Medical Tourism Market 2022-2032 by Specialty Type (Cosmetic, Cardiac, Orthopedic, Dental, Fertility, Organ Transplant, Bariatric), Tourism Type, Consumer Group, Tour Type, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global medical tourism market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global medical tourism market in every aspect of the classification from perspectives of Specialty Type, Tourism Type, Consumer Group, Tour Type, and Region.
Based on Specialty Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Cosmetic Surgery
o Breast Surgery
o Face Surgery
o Liposuction
o Other Cosmetic Surgeries
• Cardiac Surgery
o Coronary Artery Bypass Surgery (CABG)
o Angioplasty
o Other Cardiac Surgeries
• Orthopedic Treatment
o Knee Replacement
o Hip Replacement
o Other Orthopedic Treatments
• Dental Treatment
• Fertility Treatment
• Organ Transplant
o Liver Transplant
o Kidney Transplant
o Bone Marrow Transplant
o Other Organ Transplants
• Bariatric Surgery
• Other Specialty Types
Based on Tourism Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• International Tourism
• Domestic Tourism
By Consumer Group, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Men
• Women
• Kids
By Tour Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Independent Travelers
• Tour Group
• Package Travelers
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Poland, UK, France, Spain, Greece, Hungary, Rest of Europe; Rest of Europe is further segmented into Germany, Italy, Netherlands, Russia, Switzerland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, Thailand, Singapore, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Australia, Indonesia, South Korea, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Costa Rica, Argentina, Rest of South America)
• MEA (UAE, Turkey, South Africa and Rest of MEA)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of all regional markets by country and the split of each national market by Specialty Type, Consumer Group and Tour Type over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Aditya Birla Memorial Hospital
Anadolu Medical Center
Apollo Hospital Enterprise Limited
Asian Heart Institute
Asklepios Kliniken GmbH and Co. KGaA
Bangkok Hospital Medical Center
Barbados Fertility Center
Bumrungrad International Hospital
Clemenceau Medical Center
Fortis Healthcare
Gleneagles Hospital
KPJ Healthcare Berhad
Prince Court Medical Center
Raffles Medical Group
Samitivej Plc
Seoul National University Hospital
UZ Leuven
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 10
1.1 Industry Definition and Research Scope 10
1.1.1 Industry Definition 10
1.1.2 Research Scope 11
1.2 Research Methodology 14
1.2.1 Overview of Market Research Methodology 14
1.2.2 Market Assumption 15
1.2.3 Secondary Data 15
1.2.4 Primary Data 15
1.2.5 Data Filtration and Model Design 16
1.2.6 Market Size/Share Estimation 17
1.2.7 Research Limitations 18
1.3 Executive Summary 19
2 Market Overview and Dynamics 22
2.1 Market Size and Forecast 22
2.1.1 Impact of COVID-19 on World Economy 23
2.1.2 Impact of COVID-19 on the Market 26
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 28
2.2 Major Growth Drivers 32
2.3 Market Restraints and Challenges 37
2.4 Emerging Opportunities and Market Trends 40
2.5 Porter’s Fiver Forces Analysis 44
3 Segmentation of Global Market by Specialty Type 48
3.1 Market Overview by Specialty Type 48
3.2 Cosmetic Surgery 50
3.2.1 Breast Surgery 54
3.2.2 Face Surgery 55
3.2.3 Liposuction 56
3.2.4 Other Cosmetic Surgeries 57
3.3 Cardiac Surgery 58
3.3.1 Coronary Artery Bypass Surgery (CABG) 59
3.3.2 Angioplasty 60
3.3.3 Other Cardiac Surgeries 61
3.4 Orthopedic Treatment 62
3.4.1 Knee Replacement 63
3.4.2 Hip Replacement 64
3.4.3 Other Orthopedic Treatments 65
3.5 Dental Treatment 66
3.6 Fertility Treatment 67
3.7 Organ Transplant 68
3.7.1 Liver Transplant 69
3.7.2 Kidney Transplant 70
3.7.3 Bone Marrow Transplant 71
3.7.4 Other Organ Transplants 72
3.8 Bariatric Surgery 73
3.9 Other Specialty Types 74
4 Segmentation of Global Market by Tourism Type 75
4.1 Market Overview by Tourism Type 75
4.2 International Tourism 77
4.3 Domestic Tourism 78
5 Segmentation of Global Market by Consumer Group 79
5.1 Market Overview by Consumer Group 79
5.2 Men 81
5.3 Women 82
5.4 Kids 83
6 Segmentation of Global Market by Tour Type 84
6.1 Market Overview by Tour Type 84
6.2 Independent Travelers 86
6.3 Tour Group 87
6.4 Package Travelers 88
7 Segmentation of Global Market by Region 89
7.1 Geographic Market Overview 2022-2032 89
7.2 North America Market 2022-2032 by Country 94
7.2.1 Overview of North America Market 94
7.2.2 U.S. 98
7.2.3 Canada 101
7.2.4 Mexico 103
7.3 European Market 2022-2032 by Country 105
7.3.1 Overview of European Market 105
7.3.2 Poland 109
7.3.3 U.K. 111
7.3.4 France 113
7.3.5 Spain 115
7.3.6 Greece 117
7.3.7 Hungary 119
7.3.8 Rest of European Market 121
7.4 Asia-Pacific Market 2022-2032 by Country 123
7.4.1 Overview of Asia-Pacific Market 123
7.4.2 Japan 127
7.4.3 China 130
7.4.4 Thailand 132
7.4.5 India 134
7.4.6 Singapore 136
7.4.7 Indonesia 138
7.4.8 Rest of APAC Region 140
7.5 South America Market 2022-2032 by Country 142
7.5.1 Argentina 145
7.5.2 Brazil 147
7.5.3 Costa Rica 149
7.5.4 Rest of South America Market 151
7.6 MEA Market 2022-2032 by Country 152
7.6.1 UAE 155
7.6.2 Turkey 157
7.6.3 South Africa 159
7.6.4 Saudi Arabia 161
7.6.5 Other National Markets 163
8 Competitive Landscape 164
8.1 Overview of Key Vendors 164
8.2 New Product Launch, Partnership, Investment, and M&A 167
8.3 Company Profiles 168
Aditya Birla Memorial Hospital 168
Anadolu Medical Center 170
Apollo Hospital Enterprise Limited 171
Asian Heart Institute 172
Asklepios Kliniken GmbH and Co. KGaA 173
Bangkok Hospital Medical Center 174
Barbados Fertility Center 175
Bumrungrad International Hospital 176
Clemenceau Medical Center 177
Fortis Healthcare 178
Gleneagles Hospital 179
KPJ Healthcare Berhad 180
Prince Court Medical Center 181
Raffles Medical Group 182
Samitivej Plc 183
Seoul National University Hospital 184
UZ Leuven 185
RELATED REPORTS 186
List of Tables:
Table 1. Snapshot of Global Medical Tourism Market in Balanced Perspective, 2022-2032 20
Table 2. World Economic Outlook, 2021-2031 24
Table 3. World Economic Outlook, 2021-2023 25
Table 4. Scenarios for Economic Impact of Ukraine Crisis 29
Table 5. World Health Spending by Region, $ bn, 2013-2020 36
Table 6. Main Product Trends and Market Opportunities in Global Medical Tourism Market 40
Table 7. Global Medical Tourism Market by Specialty Type, 2022-2032, $ mn 48
Table 8. Global Medical Tourism Market: Cosmetic Surgery by Type, 2022-2032, $ mn 50
Table 9. Worldwide Most Popular Cosmetic Surgeries by Type, 2022 52
Table 10. Global Medical Tourism Market: Cardiac Surgery by Type, 2022-2032, $ mn 58
Table 11. Global Medical Tourism Market: Orthopedic Treatment by Type, 2022-2032, $ mn 62
Table 12. Global Medical Tourism Market: Organ Transplant by Type, 2022-2032, $ mn 68
Table 13. Global Medical Tourism Market by Tourism Type, 2022-2032, $ mn 75
Table 14. Global Medical Tourism Market by Consumer Group, 2022-2032, $ mn 79
Table 15. Global Medical Tourism Market by Tour Type, 2022-2032, $ mn 84
Table 16. Global Medical Tourism Market by Region, 2022-2032, $ mn 90
Table 17. Leading National Medical Tourism Market, 2022 and 2032, $ mn 92
Table 18. Top Healthcare Institutions Catering to Global Medical Tourism by Country 93
Table 19. North America Medical Tourism Market by Country, 2022-2032, $ mn 96
Table 20. U.S. Medical Tourism Market by Specialty Type, 2022-2032, $ mn 100
Table 21. U.S. Medical Tourism Market by Consumer Group, 2022-2032, $ mn 100
Table 22. U.S. Medical Tourism Market by Tour Type, 2022-2032, $ mn 100
Table 23. Canada Medical Tourism Market by Specialty Type, 2022-2032, $ mn 102
Table 24. Canada Medical Tourism Market by Consumer Group, 2022-2032, $ mn 102
Table 25. Canada Medical Tourism Market by Tour Type, 2022-2032, $ mn 102
Table 26. Mexico Medical Tourism Market by Specialty Type, 2022-2032, $ mn 104
Table 27. Mexico Medical Tourism Market by Consumer Group, 2022-2032, $ mn 104
Table 28. Mexico Medical Tourism Market by Tour Type, 2022-2032, $ mn 104
Table 29. Europe Medical Tourism Market by Country, 2022-2032, $ mn 108
Table 30. Poland Medical Tourism Market by Specialty Type, 2022-2032, $ mn 110
Table 31. Poland Medical Tourism Market by Consumer Group, 2022-2032, $ mn 110
Table 32. Poland Medical Tourism Market by Tour Type, 2022-2032, $ mn 110
Table 33. U.K. Medical Tourism Market by Specialty Type, 2022-2032, $ mn 112
Table 34. U.K. Medical Tourism Market by Consumer Group, 2022-2032, $ mn 112
Table 35. U.K. Medical Tourism Market by Tour Type, 2022-2032, $ mn 112
Table 36. France Medical Tourism Market by Specialty Type, 2022-2032, $ mn 114
Table 37. France Medical Tourism Market by Consumer Group, 2022-2032, $ mn 114
Table 38. France Medical Tourism Market by Tour Type, 2022-2032, $ mn 114
Table 39. Spain Medical Tourism Market by Specialty Type, 2022-2032, $ mn 116
Table 40. Spain Medical Tourism Market by Consumer Group, 2022-2032, $ mn 116
Table 41. Spain Medical Tourism Market by Tour Type, 2022-2032, $ mn 116
Table 42. Greece Medical Tourism Market by Specialty Type, 2022-2032, $ mn 118
Table 43. Greece Medical Tourism Market by Consumer Group, 2022-2032, $ mn 118
Table 44. Greece Medical Tourism Market by Tour Type, 2022-2032, $ mn 118
Table 45. Hungary Medical Tourism Market by Specialty Type, 2022-2032, $ mn 120
Table 46. Hungary Medical Tourism Market by Consumer Group, 2022-2032, $ mn 120
Table 47. Hungary Medical Tourism Market by Tour Type, 2022-2032, $ mn 120
Table 48. Medical Tourism Market in Rest of Europe by Country, 2022-2032, $ mn 122
Table 49. APAC Medical Tourism Market by Country, 2022-2032, $ mn 125
Table 50. Japan Medical Tourism Market by Specialty Type, 2022-2032, $ mn 129
Table 51. Japan Medical Tourism Market by Consumer Group, 2022-2032, $ mn 129
Table 52. Japan Medical Tourism Market by Tour Type, 2022-2032, $ mn 129
Table 53. China Medical Tourism Market by Specialty Type, 2022-2032, $ mn 131
Table 54. China Medical Tourism Market by Consumer Group, 2022-2032, $ mn 131
Table 55. China Medical Tourism Market by Tour Type, 2022-2032, $ mn 131
Table 56. Thailand Medical Tourism Market by Specialty Type, 2022-2032, $ mn 133
Table 57. Thailand Medical Tourism Market by Consumer Group, 2022-2032, $ mn 133
Table 58. Thailand Medical Tourism Market by Tour Type, 2022-2032, $ mn 133
Table 59. India Medical Tourism Market by Specialty Type, 2022-2032, $ mn 135
Table 60. India Medical Tourism Market by Consumer Group, 2022-2032, $ mn 135
Table 61. India Medical Tourism Market by Tour Type, 2022-2032, $ mn 135
Table 62. Singapore Medical Tourism Market by Specialty Type, 2022-2032, $ mn 137
Table 63. Singapore Medical Tourism Market by Consumer Group, 2022-2032, $ mn 137
Table 64. Singapore Medical Tourism Market by Tour Type, 2022-2032, $ mn 137
Table 65. Indonesia Medical Tourism Market by Specialty Type, 2022-2032, $ mn 139
Table 66. Indonesia Medical Tourism Market by Consumer Group, 2022-2032, $ mn 139
Table 67. Indonesia Medical Tourism Market by Tour Type, 2022-2032, $ mn 139
Table 68. Medical Tourism Market in Rest of APAC by Country/Region, 2022-2032, $ mn 141
Table 69. South America Medical Tourism Market by Country, 2022-2032, $ mn 144
Table 70. Argentina Medical Tourism Market by Specialty Type, 2022-2032, $ mn 146
Table 71. Argentina Medical Tourism Market by Consumer Group, 2022-2032, $ mn 146
Table 72. Argentina Medical Tourism Market by Tour Type, 2022-2032, $ mn 146
Table 73. Brazil Medical Tourism Market by Specialty Type, 2022-2032, $ mn 148
Table 74. Brazil Medical Tourism Market by Consumer Group, 2022-2032, $ mn 148
Table 75. Brazil Medical Tourism Market by Tour Type, 2022-2032, $ mn 148
Table 76. Costa Rica Medical Tourism Market by Specialty Type, 2022-2032, $ mn 150
Table 77. Costa Rica Medical Tourism Market by Consumer Group, 2022-2032, $ mn 150
Table 78. Costa Rica Medical Tourism Market by Tour Type, 2022-2032, $ mn 150
Table 79. MEA Medical Tourism Market by Country, 2022-2032, $ mn 154
Table 80. UAE Medical Tourism Market by Specialty Type, 2022-2032, $ mn 156
Table 81. UAE Medical Tourism Market by Consumer Group, 2022-2032, $ mn 156
Table 82. UAE Medical Tourism Market by Tour Type, 2022-2032, $ mn 156
Table 83. Turkey Medical Tourism Market by Specialty Type, 2022-2032, $ mn 158
Table 84. Turkey Medical Tourism Market by Consumer Group, 2022-2032, $ mn 158
Table 85. Turkey Medical Tourism Market by Tour Type, 2022-2032, $ mn 158
Table 86. South Africa Medical Tourism Market by Specialty Type, 2022-2032, $ mn 160
Table 87. South Africa Medical Tourism Market by Consumer Group, 2022-2032, $ mn 160
Table 88. South Africa Medical Tourism Market by Tour Type, 2022-2032, $ mn 160
Table 89. Saudi Arabia Medical Tourism Market by Specialty Type, 2022-2032, $ mn 162
Table 90. Saudi Arabia Medical Tourism Market by Consumer Group, 2022-2032, $ mn 162
Table 91. Saudi Arabia Medical Tourism Market by Tour Type, 2022-2032, $ mn 162
Table 92. Aditya Birla Memorial Hospital: Company Snapshot 168
Table 93. Aditya Birla Memorial Hospital: Business Segmentation 169
Table 94. Aditya Birla Memorial Hospital: Product Portfolio 169
