The global Medical Tourism Market Size was estimated at USD 24.14 Billion in 2024. Fortune Business Insights predicts the market in terms of revenue is estimated to be worth USD 137.71 billion by 2032 and is poised to grow at a CAGR of 21.4% during the forecast period (2025-2032). The report covers global industry size, the latest trends, regional share, demand, recent developments and business opportunities. The report is titled, “Medical Tourism Market Analysis and Forecast, 2023- 2032”
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In-depth analysis focusing on the worldwide market trend, the Medical Tourism Market is examined until the year 2032. The report’s primary goal is to give readers a comprehensive picture of the global market, including a breakdown of the industry by product/application and geography. During the projected time, there will be a significant increase in worldwide demand. In addition to offering important trends and opportunities in the market, the research report delivers critical statistics on the competitive landscape for the Medical Tourism Market.
Key Topics Covered in the Medical Tourism Market Report:
- Comprehensive assessment of the global market
- Key aspects of the market survey
- Competitive Landscape – Key Players
- Regional Analysis – Demand, Sales and Revenue
- Opportunities in emerging economies
Factors affecting the global Medical Tourism Market:
- Rising Healthcare Costs in Developed Countries: Increasing healthcare expenses in regions like the U.S. and Europe are driving patients to seek affordable treatment abroad.
- Improved Quality of Medical Services in Emerging Markets: Countries like Thailand, India, and Mexico are enhancing their healthcare infrastructure and services, attracting international patients.
- Post-COVID Demand Surge: With travel restrictions eased, there’s a surge in postponed medical treatments, driving demand for cross-border healthcare.
- Integration of Medical and Wellness Tourism: Combining medical procedures with wellness experiences (e.g., recovery retreats) is an emerging trend.
- Technological Advancements and Telemedicine: Teleconsultations and digital healthcare platforms are facilitating easier access to international healthcare providers.
The most recent report by Fortune Business Insights identifies key opportunities for market expansion over the forecast period. In this report, market opportunities are plotted using a detailed study of the current Medical Tourism Market scenario, mergers & acquisitions, investments in research & development, technological developments, novel marketing strategies, and buyers’ behaviour. The key opportunities covered in the report will provide a better understanding of the global Medical Tourism Market and its future growth.
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List of Key Players Covered in the Report:
- Bumrungrad International Hospital (Thailand)
- Apollo Hospitals (India)
- Bangkok Chain Hospital (Thailand)
- Fortis Healthcare (India)
- Asian Heart Institute (India)
- KPJ Healthcare Berhad (Malaysia)
- Livonta Global (India)
- Gleneagles Hospital (India)
The use of the Medical Tourism Market report can help investors to make more informed decisions, access a wider range of investment options, and achieve their financial goals more effectively. Additionally, the market for Medical Tourism Market is growing rapidly, driven by factors covered in the report. As a result, the market is expected to grow in the forecasted years.
Major Points in TOC:
- Medical Tourism Market Overview and Scope
- Global Sales Volume and CAGR
- Total Consumption Region wise
- Latest Industry Outlook
- Medical Tourism Market Drivers Analysis
- Emerging Trends
- Revenue Forecast
- Current Price and Gross Margin
- Market Dynamics, Risk and Challenges
- Porter’s five forces analysis
- Key developments (mergers, Acquisitions, etc.)
- Medical Tourism Market Analysis, Insights and Forecast, 2032
- Global End Users and Applications
TOC Continued……………
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FAQ’s
How Big is the Medical Tourism Market?
The global Medical Tourism Market is estimated to be worth USD 137.71 billion by 2032 and is poised to grow at a CAGR of 21.4% during (2025-2032)
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