Medical Tourism Market 2018 Projections, Primary and Secondary Research, Challenges, Opportunities, Investment, Tech Trends and 2025 Forecast

“Global Medical Tourism Market Review with 2025 Forecasts” has published “Global Medical Tourism Market Size and Forecast, 2018-2025” a new research study to its offering. Medical Tourism Industry estimated to grow at a CAGR of 10% during 2015-2025. Improved infrastructure, awareness among the patients, advancement in technology and increasing workforce of skilled healthcare professionals are the major aspects driving the overall market growth.

The ever-increasing cost of medical treatment, availability of skilled labor, a higher rate of chronic diseases and relaxed government policies are the major factors driving the global medical tourism market. The global industry is expected to grow at a CAGR of over 10% during the forecast period reaching USD XX million by 2025. 

Global medical tourism market is one of the most dynamically growing industry today. In 2016, the global medical tourism market size was valued at USD 1,024.0 million. It is estimated that this market will grow steadily at a CAGR of almost xx% by 2025. As developing countries are shifting towards quality services and technological advancement in the medical sector, the global medical tourism market is expected to witness a robust growth, especially in Asian countries. 

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In developed countries, medical treatment facilitates are highly priced. It is examined that the treatments offered are of reliable quality but the procedures are extremely expensive. Moreover, healthcare products are also expensive. On the contrary, regions in South America, Middle East and Asia-Pacific offer high-quality medical services which are affordable and reliable. There are companies available at customer’s disposal covering all non-medical and medical demands coming from tourists, during their travel. 

Tourists coming from developed countries to developing countries can have modern healthcare facilities at reasonable rates. Due to this western population is intrigued to travel to other countries with an advantage of low-cost of medical treatment plus the leisure of enjoying the destination. Western population encountering issues such as healthcare costs, long waiting lists and limitation on the availability of treatment options have encouraged global medical tourism market. 

The medical tourism industry is rapidly evolving with an elevating level of awareness towards health among individuals across the world and ease of travel. This indeed is an opportunity for healthcare providers to earn profitable income. Emerging market economies with medical facilities and medical expertise at affordable prices coupled with agile and interactive tourism sites offering full packages with discounts are anticipated to accelerate the global medical tourism market in the upcoming time.

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A study has claimed that increasing obesity-related cases across the world have become one of the important factors for the growth of the medical tourism Industry. Obese individuals are becoming possessed with cosmetic surgery such as contouring and liposuction to cut the extra fat from their body.  

Aesthetic procedures such as facial rejuvenation and liposuction demand for minimally non-invasive and invasive procedures. With time these procedures are able to restrict the size of incisions and reduce post-surgical complications and pain, low probability of retaining scars and have a speedy recovery. The adoption of non-invasive procedures will gain traction in the forecast period. 

Notable Developments

The Saudi Commission for Tourism and National Heritage (SCTH) has been intensively encouraging medical tourism. In January 2018, as part of SCTH strategy, they built public facilities near to Al-Dobdobah well. The well has sulfuric hot spring water which is popular due to its medicinal properties which attract medical tourists. 

In October 2017, the Indian Ministry of finance collaborated with tourism and health ministry and introduced a portal for guiding medical travelers with a strong information base. The information available on a portal is in Russian, Arabic and French language.   

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Key Restraints of Market

Medical tourists, on returning back to their country, become highly prone to health risks. Apart from this, issues related to visa approval, stringent documentation processes, limited insurance coverage, poor post-operative care and inadequate rest are some of the factors that may deter the global medical tourism market to some extent. 

By treatment type, cosmetic treatment market is a major growth segment of Medial Tourism market. APAC accounts for nearly half of the market share. Read more interesting facts about medical tourism market @

Key segments of the medical tourism market report

  • Type of Treatment, 2015 – 2025 (Number of patients in thousands) (USD Million)
    • Cardiovascular treatment
    • Cancer treatment
    • Fertility treatment
    • Neurological treatment
    • Orthopedic treatment
    • Cosmetic treatment
    • Dental treatment
    • Other treatments
  • Regional Overview, 2015 – 2025 (Number of patients in thousands) (USD Million)
    • North America
      • U.S.
      • Mexico
      • Canada
    • Europe
      • Germany
      • UK
      • France
      • Spain
    • Asia Pacific
      • India
      • Thailand
      • Malaysia
      • Singapore
      • South Korea
    • Central & South America
      • Brazil
      • Mexico
    • Middle East & Africa

Few points from Table of Content:

1. Research Methodology

  • Research approach
  • Scope, definition, and assumptions
  • Data sources

2. Executive Summary

3. Market Outlook

  • Introduction
  • Key trends
  • Market drivers
  • Market restraints
  • Market opportunities
  • Porter’s Five Forces’ analysis
  • PESTEL analysis
  • Regulatory framework

4. Industry Overview: Treatment Type Outlook

  • Global medical tourism market share, by treatment type, 2017 & 2025
  • Cosmetic treatment
  • Market size and projections, 2015 – 2025
  • Dental treatment
  • Market size and projections, 2015 – 2025
  • Cardiovascular treatment
  • Market size and projections, 2015 – 2025
  • Orthopedics treatment
  • Market size and projections, 2015 – 2025
  • Bariatric surgery
  • Market size and projections, 2015 – 2025
  • Fertility treatment
  • Market size and projections, 2015 – 2025
  • Eye Surgery
  • Market size and projections, 2015 – 2025
  • General treatment
  • Market size and projections, 2015 – 2025

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