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Global Medical Tourism Market Size Study, By Treatment Type (Cardiovascular Treatment, Orthopedic Treatment, Cosmetic Treatment, Bariatric Treatment, Dental Treatment, Ophthalmology Treatment, Infertility Treatment, Alternative Medicine, Other Services),

Publisher Factview Research
Published Oct 03, 2025
Length 285 Pages
SKU # FAVR20464178

Description

The global medical tourism market was valued at USD 41.75 billion in 2024 and is expected to grow at a CAGR of 16.9% over the forecast period 2025-2034. The market is primarily driven by rising healthcare costs in developed nations, leading patients to seek affordable, high-quality medical treatments abroad. Medical tourism offers significant cost savings, particularly for elective procedures such as cosmetic surgeries, cardiovascular treatments, infertility treatments, and dental procedures. Countries such as Thailand, India, Malaysia, Mexico, and Singapore have emerged as preferred destinations due to world-class healthcare infrastructure, internationally accredited hospitals, and highly skilled medical professionals.

The availability of advanced medical technology, cutting-edge treatments, and shorter wait times compared to developed nations further propels market growth. Countries like India and Thailand have established themselves as hubs for specialized treatments such as organ transplants, robotic surgeries, and fertility treatments at a fraction of the cost in the United States, the UK, and Canada. Additionally, government initiatives promoting medical tourism, streamlined visa policies, and partnerships with international healthcare providers enhance the attractiveness of these destinations. Insurance providers in several countries are also expanding their coverage to include cross-border healthcare services, making medical tourism more accessible.

The COVID-19 pandemic severely impacted the industry, leading to travel restrictions and a decline in medical tourist volumes. However, with the resumption of international travel, increased vaccination rates, and investments in telemedicine and digital health platforms, the industry has rebounded strongly. Hospitals now integrate AI-driven diagnostics, virtual consultations, and online patient management systems, improving the overall patient experience. Governments worldwide are also investing in healthcare infrastructure and accreditation to attract more foreign patients, further fueling market expansion.

Regionally, Asia-Pacific dominates the medical tourism industry, with Thailand, India, and Malaysia leading the market. Latin America is rapidly emerging as a key medical tourism region, with Mexico and Brazil witnessing a surge in dental and cosmetic surgeries. European countries such as Spain and the Czech Republic are gaining popularity for fertility treatments and orthopedic surgeries. Additionally, countries like Turkey and South Korea are focusing on advanced cosmetic and aesthetic procedures, further diversifying the market landscape.

Major Market Players Included in This Report Are:
  • Apollo Hospitals Enterprise Ltd.
  • Bumrungrad International Hospital
  • Mount Elizabeth Hospitals
  • Raffles Medical Group
  • Bangkok Hospital
  • Kasemrad Hospital International Rattanathibet
  • Dr. B. L. Kapur Memorial Hospital
  • Miot Hospital
  • Penang Adventist Hospital
  • Mission Hospital
  • MOHW Hengchun Tourism Hospital
  • Sunway Healthcare Group
  • Parkway Pantai
  • Fortis Healthcare
  • KPJ Healthcare Berhad
The Detailed Segments and Sub-Segments of the Market Are Explained Below:

By Treatment Type:
  • Cardiovascular Treatment
  • Orthopedic Treatment
  • Cosmetic Treatment
  • Bariatric Treatment
  • Dental Treatment
  • Ophthalmology Treatment
  • Infertility Treatment
  • Alternative Medicine
  • Other Services
By Service Provider:
  • Public
  • Private
By Country:
  • Thailand
  • India
  • Costa Rica
  • Mexico
  • Malaysia
  • Singapore
  • Brazil
  • Colombia
  • Turkey
  • Taiwan
  • South Korea
  • Czech Republic
  • Spain
  • China
  • Australia
  • Indonesia
By Region:

North America:
  • U.S.
  • Canada
Europe:
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Rest of Europe
Asia-Pacific:
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of Asia Pacific
Latin America:
  • Brazil
  • Mexico
  • Rest of Latin America
Middle East & Africa:
  • Saudi Arabia
  • South Africa
  • Rest of MEA
Years Considered for the Study Are as Follows:
  • Historical Year: 2022
  • Base Year: 2024
  • Forecast Period: 2024 to 2034
Key Takeaways:
  • Market Estimates & Forecast for 10 years from 2022 to 2034.
  • Annualized revenues and regional-level analysis for each market segment.
  • Detailed geographical landscape with country-level analysis of major regions.
  • Competitive landscape with information on major players in the market.
  • Analysis of key business strategies and recommendations for future market approaches.
  • Demand-side and supply-side analysis of the market.

Table of Contents

285 Pages
Chapter 1. Global Medical Tourism Market Executive Summary
1.1. Global Medical Tourism Market Size & Forecast (2024-2034)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Treatment Type
1.3.2. By Service Provider
1.4. Key Trends
1.5. Recession Impact
1.6. Industry Metrics
1.7. Investment Analysis
1.8 .Investment Rationale
1.9. Analyst Recommendation & Conclusion
Chapter 2. Global Medical Tourism Market Definition and Research Assumptions
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
Chapter 3. Global Medical Tourism Market Dynamics
3.1. Market Drivers
3.1.1. High healthcare costs in developed countries
3.1.2. Availability of advanced treatments at lower costs
3.1.3. Increasing international patient mobility
3.2. Market Challenges
3.2.1. Regulatory and legal constraints across different countries
3.2.2. Language barriers and cultural differences
3.3. Market Opportunities
3.3.1. Rising government initiatives promoting medical tourism
3.3.2. Integration of AI and telemedicine in medical travel services
3.3.3. Expanding healthcare infrastructure in emerging economies
Chapter 4. Global Medical Tourism Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Medical Tourism Market Size & Forecasts by Treatment Type 2022-2032
5.1. Segment Dashboard
5.2. Global Medical Tourism Market: Treatment Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
5.2.1. Cardiovascular Treatment
5.2.2. Orthopedic Treatment
5.2.3. Cosmetic Treatment
5.2.4. Bariatric Treatment
5.2.5. Dental Treatment
5.2.6. Ophthalmology Treatment
5.2.7. Infertility Treatment
5.2.8. Alternative Medicine
5.2.9. Other Services
Chapter 6. Global Medical Tourism Market Size & Forecasts by Service Provider 2022-2032
6.1. Segment Dashboard
6.2. Global Medical Tourism Market: Service Provider Revenue Trend Analysis, 2022 & 2032 (USD Billion)
6.2.1. Public
6.2.2. Private
Chapter 7. Global Medical Tourism Market Size & Forecasts by Country 2022-2032
7.1. Thailand Medical Tourism Market
7.1.1. Market Size & Forecast by Treatment Type, 2022-2032
7.1.2. Market Size & Forecast by Service Provider, 2022-2032
7.2. India Medical Tourism Market
7.3. Mexico Medical Tourism Market
7.4. Malaysia Medical Tourism Market
7.5. Singapore Medical Tourism Market
7.6. Brazil Medical Tourism Market
7.7. Colombia Medical Tourism Market
7.8. Turkey Medical Tourism Market
7.9. Taiwan Medical Tourism Market
7.10. South Korea Medical Tourism Market
7.11. Czech Republic Medical Tourism Market
7.12. Spain Medical Tourism Market
7.13. China Medical Tourism Market
7.14. Australia Medical Tourism Market
7.15. Indonesia Medical Tourism Market
Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. Apollo Hospitals Enterprise Ltd.
8.1.2. Bumrungrad International Hospital
8.1.3. Bangkok Hospital
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. MOHW Hengchun Tourism Hospital
8.3.2. Mount Elizabeth Hospitals
8.3.3. Raffles Medical Group
8.3.4. Dr. B. L. Kapur Memorial Hospital
8.3.5. Kasemrad Hospital International Rattanathibet
8.3.6. Miot Hospital
8.3.7. Penang Adventist Hospital
8.3.8. Sunway Healthcare Group
8.3.9. Parkway Pantai
8.3.10. Fortis Healthcare
8.3.11. KPJ Healthcare Berhad
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes

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