Global Medical Tourism Report 2024: Medical Tourism Emerges Stronger Post Pandemic with Many Pandemic-Induced Changes to Healthcare Delivery Models Staying On

DUBLIN, March 29, 2024 /PRNewswire/ — The “Medical Tourism – Global Strategic Business Report” has been added to ResearchAndMarkets.com’s offering.

The global market for Medical Tourism estimated at US$108.1 Billion in the year 2023, is projected to reach a revised size of US$264.4 Billion by 2030, growing at a CAGR of 11.8% over the analysis period 2023-2030.

Cardiovascular Treatment, one of the segments analyzed in the report, is projected to record 9% CAGR and reach US$45.6 Billion by the end of the analysis period. Growth in the Cancer Treatment segment is estimated at 11.6% CAGR for the next 8-year period.

The Medical Tourism market in the U.S. is estimated at US$30.5 Billion in the year 2023. China, the world’s second largest economy, is forecast to reach a projected market size of US$46.7 Billion by the year 2030 trailing a CAGR of 16.2% over the analysis period 2023 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.2% and 9.9% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 10.3% CAGR.

Key Market Trends & Drivers

Medical Tourism Getting Transformed by the Technology of Artificial IntelligenceArtificial Intelligence: The Pill of Choice for Radical Evolution of Medical TourismTechnological Advancements to Benefit the Medical Tourism IndustryIR 4.0 Technologies to Propel Growth of Medical TourismMedical Tourism Destinations to Win Competition Based on Adoption of the Most Disruptive TechnologiesMedical Tourism Emerges Stronger Post Pandemic with Many Pandemic-Induced Changes to Healthcare Delivery Models Staying OnMedical Tourism Market on Fast Track to Glory with Interplay of Dynamic TrendsRising Healthcare Costs Drive Demand for Medical TourismAging Population to Propel the Demand for Medical TourismUnprecedented Spike in CAD Cases Drives the Medical Tourism MarketAgeing Demographics and Longer Life Expectancy Bolsters Market GrowthRising Healthcare Expenditure: Opportunities in StoreDiabetics at Higher Risk of Heart Diseases to Propel Market DemandSignificant Increase in Number of Patients Suffering from Chronic Diseases Fuel Demand for Medical TourismRise in Geriatric & Disabled Population Fuels Need for Medical TourismIncreasing Incidence of Musculoskeletal Disorders and Chronic Medical Conditions Propels Market GrowthFertility Medical Tourism Continues to Rise Amid ControversiesGrowing Popularity of Beauty & Wellness & Post Pandemic Optimism for a Recovery Bodes Well for Medical TourismEfforts to Push Beauty & Wellness TourismBeauty & Wellness Tourism to Attain Greater Heights in Post-Pandemic EraRise in Dental Tourism Across Emerging Nations: A Significant Growth OpportunityChallenges Facing the Medical Tourism Industry

The report covers 160 key competitors in the industry.  A selection of featured companies include:

Aditya Birla Memorial HospitalApollo Hospitals Enterprise Ltd.Asian Heart InstituteBarbados Fertility CenterFortis Healthcare Ltd.NTT Medical Center TokyoPrince Court Medical CentreSamitivej Sukhumvit HospitalSeoul National University HospitalUZ LeuvenWooridul Hospital

Key Report Features

Full access to influencer engagement statsFree access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilitiesFull client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideasComplimentary report updates for one yearCompetitor coverage with global market shares of major playersPlayer market presence analysis (Strong/Active/Niche/Trivial) across multiple geographiesAccess to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Economic UpdateAlthough Declining for the First Time Since the Russia-Ukraine War, Global Oil Prices Still Remains Higher Than 2019 Levels Which In Turn Will Take Inflation Longer Than Expected to Fall: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024Slower Than Anticipated Decline Makes Inflation a Stickier Than Expected Problem to Solve in 2023: Global Inflation Rates (In %) for the Years 2019 through 2024Global Economy Slowly Limps Towards Recovery, Resiliently Navigating the War & Decades-High Inflation: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024Inflation Battling Policy Measures to Slowdown Post Pandemic Recovery in Unemployment Rates: Global Number of Unemployed People (In Million) for Years 2019 Through 2024How the Healthcare Industry Has Been Impacted by the Pandemic & What’s the New Normal?With the COVID-19 Pandemic Exposing Global Healthcare Unpreparedness, There is Increasing Policy Led Focus on Rebooting Health Systems Worldwide: Healthcare Costs as a % of GDP by Country for the Years 2020 & 2023Competitive ScenarioMedical Tourism – Global Key Competitors Percentage Market Share in 2023 (E)Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)Medical Tourism: A PreludeMedical Tourism: A Sheer Force Aiding Transformative Backdrop for Healthcare SectorMedical Procedures as Strong Pillars at Foundation of Medical Tourism CastleMedical Tourism & Investment Migration Programs Open Exciting Economic AvenuesMedical Tourism: Revolutionizing Patient ExperiencesMedical Tourism Experiencing Rapid GrowthMajor Drivers and Challenges in the Medical Tourism IndustryTechnology Trends to Influence Market UptakeRole of Digital Technology in Reshaping the Medical Tourism IndustryHybrid Medical Tourism Experience – The FuturePrivate Sector Dominates the IndustryStar Performers of the Pulsating Medical Tourism LandscapeInnovation Drives Malaysia’s Medical TourismUSA: Prime Medical Tourism DestinationUK and Germany: A Lucrative Medical Tourism MarketChinese Medical Tourism OutlookSouth Korea to Impact the Market Growth of Medical TourismTechnological Advancements Changing The face of Health Tourism in Asia and South AmericaRecent Market ActivityInfluencer Market InsightsSelect Global Brands

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

United StatesCanadaJapanChinaEuropeFranceGermanyItalyUnited KingdomSpainTurkeyRest of EuropeAsia-PacificIndiaSouth KoreaThailandRest of Asia-PacificLatin AmericaBrazilMexicoRest of Latin AmericaMiddle EastAfrica

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/7l6ni8

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
 
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
 
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

 

View original content:https://www.prnewswire.com/news-releases/global-medical-tourism-report-2024-medical-tourism-emerges-stronger-post-pandemic-with-many-pandemic-induced-changes-to-healthcare-delivery-models-staying-on-302102505.html

SOURCE Research and Markets