Health Tourism Market Size Was Valued at USD 6.12 Billion in 2023 and is Projected to Reach USD 80.23 Billion by 2032, Growing at a CAGR of 33.1% From 2024-2032.
People who travel abroad for medical care and healthcare services are referred to as engaging in “health tourism.” In the tourist industry, a “medi tour agent” is someone who handles all things relating to medical tourism, such as organizing trip packages and arranging transportation via a travel agency. Generally speaking, they work for businesses in the travel industry and its allied fields, like hotel management and tour services.In the realm of medical tourism, the idea of a Five-Star Hotel or Hospital & Spa is quickly gaining traction. These days, hospitals are outfitted with hotel-quality amenities in order to attract business. In the global tourism sector, health tourism is growing at the fastest rate, outpacing both the manufacturing and oil industries.
One of the main forces for the expanding trend of globalization is its Modern medical facilities with cutting-edge equipment and highly skilled medical staff are available in many nations, mainly drawing in international patients seeking the best possible care. Patients can obtain medical treatments and procedures at a lower cost thanks to cost efficiency compared to what they would pay back home. In addition to medical operations, health tourism helps people looking for cosmetic surgery and relaxation and rejuvenation therapies. This opens up prospects for medical travel.
To Gain More Insights Into The Analysis, Browse Sample Pages Of The Research Report
https://pristineintelligence.com/request-sample/health-tourism-market-219
Health Tourism Market Top Key Players:
- Bumrungrad International Hospital (Thailand)
- Apollo Hospitals (India)
- Fortis Healthcare (India)
- Kpj Healthcare Berhad (Malaysia)
- Anadolu Medical Center (Turkey)
- Asian Heart Institute (India)
- Clemenceau Medical Center (Lebanon)
- Bangkok Hospital Group (Thailand)
- Acibadem Healthcare Group (Turkey)
- Hospital Israelita Albert Einstein (Brazil)
- Mayo Clinic (USA)
- Md Anderson Cancer Center (USA)
- Cleveland Clinic (USA) And Other Active Players.
The latest report on the Health Tourism Market provides a detailed analysis of the market for the years 2024 to 2032. It presents a comprehensive overview of the global Health Tourism industry, incorporating all key industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter’s five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Health Tourism Market. Moreover, the research covers crucial chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to grasp the market direction and development in the present and forthcoming years.
Health Tourism Market Trend Analysis
Rise in globalization trend
- Many countries are offering advanced medical facilities with equipped technology and highly skilled healthcare professionals, this is mainly attracting international patients who are seeking high-quality medical care.
- Cost efficiency which allows patients to access medical treatments and procedures at a lower cost compared to their home countries. In Some countries, we have to wait for a long period even in case of an emergency where health tourism provides an opportunity for patients to receive quicker access to treatments by reducing their time.
Opportunity
Rise In The Demand For Online Medical Agencies
- In the healthcare system, most developments and investments were taking Place toward digitalization. The COVID-19 pandemic has created the situation for the need for a healthcare ecosystem that is integrated digitally to enable reach to patients.
- Many stakeholders in the healthcare system are showing interest in the adoption of different teleconsultation and e-pharmacy platforms. Other stakeholders in pharmaceutical companies have partnered with platform providers and are launching their platforms to help doctors connect with their patients.
- The telemedicine market is expected to grow to US$5.5b by 2025 with teleconsultation and e-pharmacy making up 90% Increment. With the rising adoption levels and the promising growth of virtual care, businesses will simplify their business models.
If You Have Any Query Health Tourism Market Report, Visit:
https://pristineintelligence.com/inquiry/health-tourism-market-219
Health Tourism Market Segment Analysis:
By Type, Cancer Treatment segment is expected to dominate the market during the forecast period
- Cancer treatments can be financially more for many people, and Health tourism provides treatment at a low cost for patients which is the very best option. This tourism also helps in reducing the waiting time as cancer patients won’t have much time for survival or treatment this will be very beneficial for them which is crucial for cancer management by traveling to other countries.
- Many health Tourism offer comprehensive and patient-centric approaches to cancer care, they not only provide the medical aspects but also provide emotional support, rehabilitation services, and wellness programs.
- In 2023, The International Atomic Energy Agency production, Europe distributed a share of 29%, followed by Europe at a share of 27%, Asia at 27%, Latin America at 9% Share, Europe, and Australia shared levels at 2% respectively, where North America has a greater share of Megavoltage units for Radiotherapy treatment.
By Region
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Key Benefits of Health Tourism Market Research:
- Research Report covers the Industry drivers, restraints, opportunities and challenges
- Competitive landscape & strategies of leading key players
- Potential & niche segments and regional analysis exhibiting promising growth covered in the study
- Recent industry trends and market developments
- Research provides historical, current, and projected market size & share, in terms of value
- Market intelligence to enable effective decision making
- Growth opportunities and trend analysis
- Covid-19 Impact analysis and analysis to Health Tourism Market
Acquire This Reports: –
https://pristineintelligence.com/buy-now/219
About Us:
We are technocratic market research and consulting company that provides comprehensive and data-driven market insights. We hold the expertise in demand analysis and estimation of multidomain industries with encyclopedic competitive and landscape analysis. Also, our in-depth macro-economic analysis gives a bird’s eye view of a market to our esteemed client. Our team at Pristine Intelligence focuses on result-oriented methodologies which are based on historic and present data to produce authentic foretelling about the industry. Pristine Intelligence’s extensive studies help our clients to make righteous decisions that make a positive impact on their business. Our customer-oriented business model firmly follows satisfactory service through which our brand name is recognized in the market.
Contact Us:
Office No 101, Saudamini Commercial Complex,
Right Bhusari Colony,
Kothrud, Pune,
Maharashtra, India – 411038 (+1) 773 382 1049 +91 – 81800 – 96367
Email: [email protected]
