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Medical Tourism Market Transformative Surge to Hit USD 80.07 Billion by 2032, Driven by 24.7% CAGR | Apollo Hospitals Enterprise Ltd, Bangkok Hospital, Bumrungrad International Hospital

07-18-2024 08:25 AM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Medical Tourism Market

Medical Tourism Market

๐“๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐Œ๐ž๐๐ข๐œ๐š๐ฅ ๐“๐จ๐ฎ๐ซ๐ข๐ฌ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ ๐”๐’๐ƒ ๐Ÿ๐Ÿ.๐Ÿ๐ŸŽ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘. ๐‹๐จ๐จ๐ค๐ข๐ง๐  ๐Ÿ๐จ๐ซ๐ฐ๐š๐ซ๐, ๐ญ๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐ญ๐จ ๐”๐’๐ƒ ๐Ÿ–๐ŸŽ.๐ŸŽ๐Ÿ• ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ, ๐ž๐ฑ๐ก๐ข๐›๐ข๐ญ๐ข๐ง๐  ๐š ๐œ๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐š๐ง๐ง๐ฎ๐š๐ฅ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ซ๐š๐ญ๐ž (๐‚๐€๐†๐‘) ๐จ๐Ÿ ๐Ÿ๐Ÿ’.๐Ÿ•% ๐จ๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ฉ๐ž๐ซ๐ข๐จ๐ ๐Ÿ๐ซ๐จ๐ฆ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’ ๐ญ๐จ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ.

The growing aggregate of persons looking for medical care abroad, progression in healthcare technology, growing healthcare prices, and growing demand for unique treatment are the primary factors propelling the market forward. Besides, the rise in demand for non indemnity procedures such as dental remodeling, cosmetic surgery, reproductive therapy, and gender reallocation surgeries is assisting in the sector's advancement.

๐†๐š๐ข๐ง ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐จ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐จ๐Ÿ ๐ญ๐ก๐ž ๐Œ๐ž๐๐ข๐œ๐š๐ฅ ๐“๐จ๐ฎ๐ซ๐ข๐ฌ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ:
https://www.polarismarketresearch.com/industry-analysis/medical-tourism-market/request-for-sample

Medical tourism can be defined as the procedure of proceeding outside the nation of home for the reason of obtaining medical care. Escalation in the approval of medical tourism has seized the awareness of policy drafters, researchers, and the media. Presently, there is a qualitative and quantitative shift in patient potency as people proceed from affluent to less advanced nations in order to approach health services which is pushing the medical tourism market forward. Such potency is propelled by respective economical treatments in less advanced countries, the obtainability of cheap flights, and growing marketing and online consumer details about the obtainability of medical services.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

The market is splintered and is expected to encounter massive contention due to many players existence. Some of the current players in the medical tourism market are:

โ€ข Apollo Hospitals Enterprise Ltd.
โ€ข Bangkok Hospital
โ€ข Bumrungrad International Hospital
โ€ข Dr. B. L. Kapur Memorial Hospital
โ€ข Kasemrad Hospital International Rattanathibet
โ€ข Miot Hospital
โ€ข Mission Hospital
โ€ข MOHW Hengchun Tourism Hospital
โ€ข Mount Elizabeth Hospitals
โ€ข Penang Adventist Hospital
โ€ข Raffles Medical Group

๐‚๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐๐ž๐ฅ๐จ๐ฐ ๐‹๐ข๐ง๐ค ๐ญ๐จ ๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/buy/299/2

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ

โ€ข Cost Savings: Significant cost advantages in various treatments, surgeries, and procedures compared to the home countries of patients.
โ€ข High-Quality Healthcare: Availability of advanced medical technologies and internationally accredited facilities in destination countries.
โ€ข Immediate Treatment: Reduced waiting times for medical procedures compared to long queues in the home countries.
โ€ข Comprehensive Care Packages: Offering all-inclusive packages covering treatment, accommodation, and travel.
โ€ข Availability of Specialized Treatments: Access to specialized medical treatments, including advanced surgeries, cosmetic procedures, and fertility treatments.
โ€ข Increased Global Connectivity: Improved transportation networks and affordable international flights facilitate easier travel for medical purposes.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข With the region's economic healthcare potential in the U.S., Asia Pacific is expected to experience significant growth. Besides, the most approved tourist destinations are dispensed across many nations in the region. Malaysia, Singapore, and Thailand are favored options for medical tourists because of their popularity for recuperating patients and comparably cost-effective living conditions.
โ€ข The medical tourism industry in North America is experiencing robust growth and innovation. Nations such as the U.S. and Canada have sustained strict healthcare standards for a longer duration. With many potential destinations carrying a global mandate, patient faith in medical processes has notably escalated.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‚๐ฅ๐ข๐œ๐ค ๐‡๐ž๐ซ๐ž: https://www.polarismarketresearch.com/industry-analysis/medical-tourism-market

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

By Treatment Type
โ€ข Cosmetic Treatment
โ€ข Bariatric Treatment
โ€ข Dental Treatment
โ€ข Cardiovascular Treatment
โ€ข Orthopedic Treatment
โ€ข Ophthalmology Treatment
โ€ข Infertility Treatment
โ€ข Alternative Medicine
โ€ข Others

By Service Provider
โ€ข Private
โ€ข Public

๐Œ๐ž๐๐ข๐œ๐š๐ฅ ๐“๐จ๐ฎ๐ซ๐ข๐ฌ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข The cosmetic segment dominated the market in 2023, driven by increasing patient awareness, a greater demand for anti-aging treatments, and the high cost of cosmetic implants in developed countries.

โ€ข The private segment led the market in 2023 and is expected to maintain its dominance due to advancements in healthcare technologies and the availability of privately owned, internationally recognized, and accredited providers.

โ€ข Asia Pacific holds a significant revenue share in the global Medical Tourism market, driven by cheaper medical care compared to private healthcare facilities in the United States.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐–๐ข๐๐ž-๐ซ๐š๐ง๐ ๐ข๐ง๐  ๐‚๐จ๐ฏ๐ž๐ซ๐š๐ ๐ž ๐จ๐Ÿ ๐๐Œ๐‘'๐ฌ ๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:

๐๐ž๐ฑ๐ญ ๐†๐ž๐ง๐ž๐ซ๐š๐ญ๐ข๐จ๐ง ๐’๐ž๐ช๐ฎ๐ž๐ง๐œ๐ข๐ง๐  (๐๐ ๐ฌ) ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/next-generation-sequencing-ngs-market

๐€๐๐ฏ๐š๐ง๐œ๐ž๐ ๐–๐จ๐ฎ๐ง๐ ๐‚๐š๐ซ๐ž ๐Œ๐š๐ง๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/global-advanced-wound-care-management-market

๐’๐ž๐ฉ๐ฌ๐ข๐ฌ ๐ƒ๐ข๐š๐ ๐ง๐จ๐ฌ๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/global-sepsis-diagnostics-market

๐‡๐ž๐š๐ ๐€๐ง๐ ๐๐ž๐œ๐ค ๐‚๐š๐ง๐œ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/global-head-and-neck-cancer-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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Outbound Medical Tourism Services Market 2021-2027| Christus Muguerza Hospital, โ€ฆ
Outbound Medical Tourism Services refers to people traveling abroad to obtain medical treatment. An informative data report titled Outbound Medical Tourism Services Market was published by Reportsweb. It takes a closer look at the different aspects of the businesses, that are responsible for fuelling the growth of the companies. Additionally, it offers some significant factors, which are restraining the progress of the industries. To predict the turning point of the businesses,โ€ฆ
Canada Hospital Supplies Market Report - Disposable Hospital Supplies, Hospital โ€ฆ
ReportsnReports added a new report on The Canada Hospital Supplies Market report that delivers the clean elaborated structure of the Report comprising each and every business-related information of the market at a global level. The in-depth study on the current state which focuses on the major drivers and restraints for the key players. Canada Hospital Supplies Market Industry research report provides granular analysis of the market share, segmentation, revenue forecasts,โ€ฆ
Veterinary Orthopedic Treatment Market Key Players| Adobe Animal Hospital, Allan โ€ฆ
A Comprehensive research study conducted byย KD Market Insightsย on "ย Veterinary Orthopedic Treatment Market by Procedure (Cruciate Ligament Tear, Patellar Luxation, Hip Dysplasia, Elbow Dysplasia, Bone Fracture, and Osteoarthritis Management), and Animal Type (Dog, Cat and Other Animal Types): Global Opportunity Analysis and Industry Forecast, 2017 - 2025" report offers extensive and highly detailed historical, current and future market trends in the global and regional/market. Theย Veterinary Orthopedic Treatment Marketย report includes market size,โ€ฆ
Hospital Profitability Market SWOT Analysis of Key Players- Mayo Clinic Hospital โ€ฆ
HTF MI has added the report on Global Hospital Profitability Market for the forecast till 2025, the report comprises of the estimation of the Global Hospital Profitability Market. The following Industry is shown to progress with a noteworthy rise in the Compound Annual Growth Rate (CAGR) during the forecast period owing to various factors driving the market. Some of the key players mentioned in this research are "Mayo Clinic Hospital,โ€ฆ
Medical Tourism Market Key Players- Bumrungrad International Hospital, Bangkok C โ€ฆ
As per the current market trends and the promising nature of the โ€œGlobal Medical Tourism Marketโ€ market, it can be estimated that the future holds positive outcomes. In order to provide a deep insight about the concerned market, Market Research Reports Search Engine would be publishing a resourceful analysis that will enclose knowledge about the regional market size, revenue and opportunity status. Readers will be offered the privilege to decodeโ€ฆ
Hospital Profitability Market - Mayo Clinic Hospital, The Cleveland Clinic, The โ€ฆ
Global Hospital Profitability Market Size, Status and Forecast 2022 provides Market information about top Key Players, Countries, Type and Application. This Industry report also states Company Profile, sales, Hospital Profitability Market revenue and price, market share, market growth and gross margin by regions. Top Key Players: Mayo Clinic Hospital The Cleveland Clinic The Jhons Hopkins Hospital Massachusetts General Hospital Ronald Reagan UCLA Medical Center Peking Union Medical College Hospital West China Hospital of Sichuan University Chinese PLA Generalโ€ฆ