Health Tourism Market to Observe Prominent CAGR of 40.4% by 2030, Size, Share, Trends, Demand, Growth, Challenges and Competitive Outlook
Data Bridge Market Research has recently published the comprehensive business research on Health Tourism Market includes historic data, present market trends, future product environment, marketing strategies, technological innovation, upcoming technologies, emerging trends or opportunities, and the technical progress in the related industry. Health Tourism Market research report gives critical information about the market and business landscape. It suggests how the company is perceived by the target customers and clients that are desired to reach.
Data Bridge Market Research analyses that the health tourism market which is USD 27.195 million in 2022, is expected to reach USD 410.61 million by 2030, at a CAGR of 40.4% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Health tourism is a subset of the healthcare industry that focuses on the needs of patients traveling across international borders for complex surgeries and medical treatments. Medical tourism is popular among global patients, owing to the low cost of medical treatments in developing countries, which is found to be very expensive in developed countries. Access to low-cost services and medical treatments from various tourism departments and local governments is a major factor in the global health tourism market’s growth.
According to the Turkish Statistical Institute, 642,444 inbound medical tourists visited Turkey in 2021, a 66% increase from 2020. The report includes Thailand, Costa Rica, India, Malaysia, Mexico, Brazil, Singapore, Turkey, Colombia, South Korea, Taiwan, Czech Republic, Spain, Australia, China, and Indonesia as popular medical tourism destinations.
Some of the major players operating in the health tourism market are:
- Apollo Hospitals Enterprise Ltd. (India)
- Fortis Healthcare (India)
- KPJ HEALTHCARE BERHAD (Malaysia)
- Nippon Telegraph and Telephone East Corporation (Japan)
- ADITYA BIRLA HEALTH SERVICES LTD. (India)
- Samitivej PCL (Thailand)
- BB Healthcare Solutions (U.K.)
- UZ LEUVEN (Belgium)
- Berkalp Co-Limited (Ireland)
- MEDIC ABROAD (U.S.)
- AMERICAN MEDICAL CARE (U.S.)
- MEDICINE PARK UNITED KINGDOM (U.K.)
- Hospital Galenia (Mexico)
- Centro Médico ABC (Mexico)
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The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Health Tourism Market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Health Tourism Market.
Global Health Tourism Market Scope
The health tourism market is segmented on the basis of service, age group, type of treatment and service providers. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Service
- Transport
- Accommodation
- Hospitality
- Others
Type of Treatment
- Cosmetic Treatment
- Dental Treatment
- Cardiovascular Treatment
- Orthopedic Treatment
- Bariatric Treatment
- Fertility Treatment
- Cancer Treatment
- Ophthalmic Treatment
- Neurological Treatment
- Others
Age Group
- Senior Citizens
- Minors
- Adults
Service Provider
- Private
- Public
Table of Contents: Health Tourism Market
1 Introduction
2 Market
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Health Tourism Market, by Product Type
7 Health Tourism Market, by Modality
8 Health Tourism Market, by Type
9 Health Tourism Market, by Mode
10 Health Tourism Market, by End User
12 Health Tourism Market, by Geography
12 Health Tourism Market, Company Landscape
13 Swot Analysis
14 Company Profiles
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The investment made in the study would provide you access to information such as:
- Health Tourism Market [Global – Broken-down into regions]
- Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
- Country wise Market Size Split [of important countries with major market share]
- Market Share and Revenue/Sales by leading players
- Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
- Market Size)
- Market Size by application/industry verticals
- Market Projections/Forecast
Critical Insights Related to the Health TourismIncluded in the Report:
- Exclusive graphics and Illustrative Porter’s Five Forces analysis of some of the leading companies in this market
- Value chain analysis of prominent players in the market
- Current trends influencing the dynamics of this market across various geographies
- Recent mergers, acquisitions, collaborations, and partnerships
- Revenue growth of this industry over the forecast period
- Marketing strategy study and growth trends
- Growth-driven factor analysis
- Emerging recess segments and region-wise market
- An empirical evaluation of the curve of this market
- Ancient, Present, and Probable scope of the market from both prospect value and volume
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