• deshmukh skyquest posted an update 1 year, 11 months ago

    Global Medical Tourism Market

    The Global Medical Tourism Market was valued at USD 5.18 Billion in 2021, and it is expected to reach a value of USD 34.68 Billion by 2028, at a CAGR of 31.20 % over the forecast period (2022-2028).
    Medical tourism is defined as organized travel across international borders to avail of advanced medical treatment options. Medical tourists travel across international borders to maintain, improve, or restore their health by using low-cost healthcare facilities and treatments accessible in other nations that are costly in their home country. Medical tourists travel to receive treatments such as dental care, neurological care, and cardiovascular care among many other treatment options.
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    Global Medical Tourism Market Segmental Analysis
    The Global Medical Tourism Market is segmented on the basis of treatment types such as cosmetic treatment, oncology treatment, cardiovascular treatment, orthopedics treatment, bariatric treatment, fertility treatment, ophthalmic treatment, and other treatments. Based on region it is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.
    Top Players Company Profiles
    • 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)

    Recent Developments
    • In April 2022, The Tourism Authority of Thailand (TAT) and Thai Air Asia partnered to attract up to 1,000 package tours of medical and wellness segments from Cambodia. This comes as both entities aim to attract 1.75 million tourists from short-haul markets in 2022, as more countries reopen, and will partner with Thai AirAsia (TAA) to bring in at least 18,000 package tours in the upcoming time.
    • In March 2022, the Indian government aimed to upgrade medical tourism in Gujarat, India. Some of the top medical treatments in Gujarat include cardiology, IV fertilization, dental care, spine treatment, cancer treatment, plastic surgery, wellness, and holistic care through Indian Systems of Medicines.
    • In November 2021, Egypt launched the program intending to provide advanced medical and therapeutic services to foreign patients.

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