The Size of the Medical Tourism Market to Increase $ 16.88 Billion from 2020 to 2025 | Availability of low-cost treatment options to stimulate growth

The report covers the following areas:

The medical tourism market is fragmented and the degree of fragmentation will slow down during the forecast period. To take advantage of current opportunities, market sellers need to strengthen their presence in fast growing segments while maintaining their positions in slow growing segments.

Medical Tourism Market 2021-2025: Segmentation

  • Type
    • Cardiovascular treatment
    • Cosmetic treatment
    • Fertility treatment
    • Orthopedic treatment
    • Others
  • Geography
    • North America
    • APAC
    • Europe
    • AEM
    • South America

To know the contribution of each market segment, Download a free sample report

Medical Tourism Market 2021-2025: Analysis and Scope of Suppliers
To help companies improve their position in the market, Medical Tourism Market provides detailed analysis of around 25 vendors operating in the market. Some of these providers include Anadolu Medical Center, Asian Heart Institute, Asklepios Kliniken GmbH and Co. KGaA, Bangkok Dusit Medical Services Public Co. Ltd., Bumrungrad Hospital Public Co. Ltd., Clemenceau Medical Center, Cleveland Clinic, Fortis Healthcare Ltd., Prince Court Medical Center Sdn Bhd and The Johns Hopkins Health System Corp.

Factors such as the availability of low-cost treatment options, increasing international accreditation and assistance from hospitals, and increasing adoption of cosmetic surgery will provide immense opportunities for growth. However, factors such as lack of advanced infrastructure in developing countries can threaten market growth.

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Medical Tourism Market 2021-2025: Regional Analysis
Technavio’s market research report offers in-depth insights into competitive intelligence, marketing gaps, and regional opportunities for vendors to help organizations create effective business plans. On the basis of segmentation by geography, the medical tourism market has been categorized into five regions, namely North America, APAC, Europe, MEA and South America. According to our analysis, 32% of the market growth will come from North America during the forecast period. The United States is a key country for the medical tourism market in the region. The availability of high quality health facilities in Canada and the United States will facilitate the growth of the medical tourism market in the region during the forecast period. However, the growth rate of the market in North America will be slower than market growth in other regions.

Medical Tourism Market 2021-2025: Highlights

  • Market CAGR during the forecast period 2021-2025
  • Detailed information on the factors that will contribute to the growth of the medical tourism market over the next five years
  • Estimation of the size of the medical tourism market and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the medical tourism market
  • Market competitive landscape analysis and detailed supplier information
  • Complete details on the factors that will challenge the growth of Medical Tourism Market vendors

Associated reports:

  • Sports tourism market: The sport tourism market has been segmented by product (football tourism, cricket tourism, tennis tourism and others), type (domestic sport tourism and international sport tourism), category (passive sport tourism and active sport tourism) and geography (Europe, APAC, North America, South America, and MEA). Download a free sample report
  • Travel services market in India: The travel services market in India has been segmented by service (domestic flight services, hotel accommodation services, train ticket services, taxi services and others) and reservation (online and offline). Download a free sample report

Scope of the medical tourism market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Decelerate to a CAGR of 16.04%

Market growth 2021-2025

$ 16.88 billion

Market structure

Fragmented

Annual growth (%)

22.93

Regional analysis

North America, APAC, Europe, MEA and South America

Efficient contribution to the market

North America at 32%

Main consumer countries

United States, South Korea (Republic of Korea), Turkey, Thailand and Germany

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

Anadolu Medical Center, Asian Heart Institute, Asklepios Kliniken GmbH and Co. KGaA, Bangkok Dusit Medical Services Public Co. Ltd., Bumrungrad Hospital Public Co. Ltd., Clemenceau Medical Center, Cleveland Clinic, Fortis Healthcare Ltd., Prince Court Medical Center Sdn Bhd and The Johns Hopkins Health System Corp.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

Download the latest free sample report for additional highlights in the medical tourism market.

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