The global medical tourism market reached a value of US$ 81.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 273.7 Billion by 2027, exhibiting a CAGR of 22.98% during 2022-2027. Leading healthcare providers in the global medical tourism industry are currently focusing on providing innovative medicines and improved healthcare services to patients. Besides this, they are also offering comprehensive medical tourism packages to patients, which include all travel-related services ranging from ticket booking to accommodation and medical insurance. Furthermore, governing agencies of numerous countries have implemented stringent regulations to promote the growth of the medical infrastructure. This, in confluence with extensive research and development (R&D) activities, is anticipated to provide lucrative opportunities for leading healthcare providers across the globe.
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List of Top 10 Medical Tourism Companies Worldwide:
Aditya Birla Health Services Limited
Headquarters: Pune, India
Aditya Birla Health Services Limited is a non-government company that offers healthcare services to patients in India. The hospital provides cardiac sciences, critical care, dentistry, internal medicines, mother and child health, nutrition and dietetics, ophthalmology, pain management, anesthesiology, laboratory, physiotherapy, rehabilitation, and emergency medical services.
Apollo Hospitals Enterprise Limited
Headquarters: Chennai, India
Apollo Hospitals Enterprise Limited is engaged in providing healthcare services and operating standalone pharmacies. The major operating segments of the company include Healthcare, Pharmacy and Others. Amongst these, the Healthcare segment comprises hospitals, hospital-based pharmacies, and projects and consultancy services. Its tertiary care hospitals provide care in over 50 specialties, including cardiac sciences, oncology, neurosciences, critical care, orthopedics, radiology, gastroenterology and transplant. It also offers project research services, consultancy services, health insurance services, and education and training programs. Moreover, it operates birthing centers, day surgery centers and dental clinics.
Asian Heart Institute & Research Centre Pvt. Ltd.
Headquarters: Maharashtra, India
Asian Heart Institute (AHI) & Research Centre Pvt. Ltd. offers quality cardiac care to patients at reasonable costs. It prides itself on quality in design, patient care, medical, paramedical and general staff and infrastructure facilities.
Barbados Fertility Center
Headquarters: Bridgetown, Barbados
Barbados Fertility Center is a sole in vitro fertilization (IVF) clinic in Barbados, which is a relatively small island located in the Caribbean. It is popular across the globe for IVF treatment due to the high standards it adheres to and the low cost of their services as compared to the United States (US).
BB Healthcare Solutions Ltd.
Headquarters: Basildon, United Kingdom
BB Healthcare Solutions Ltd. is a hospital and healthcare company that offers clinics and services, travel vaccinations, and non-NHS services.
Fortis Healthcare Limited
Headquarters: Haryana, India
Fortis Healthcare Limited is a leading integrated healthcare delivery service provider in India. The healthcare verticals of the company include hospitals, diagnostics and daycare specialty facilities. At present, it operates its healthcare delivery services in India, Dubai and Sri Lanka with 36 healthcare facilities, around 9,000 potential beds and over 415 diagnostics centers.
Headquarters: United States
Healthbase, a US-based medical tourism facilitator, offers clients intelligent choices of state-of-the-art hospital facilities and trained professional doctors that are known internationally. It has advanced communication technology that enables an effective exchange of communication.
KPJ Healthcare Berhad
Headquarters: Kuala Lumpur, Malaysia
KPJ Healthcare Berhad is a leading provider of private healthcare services. The company’s integrated network comprises more than 27 specialist hospitals located throughout the nation. With its expansion abroad, it currently has two hospitals in Indonesia, one in Bangkok and another in Bangladesh.
Prince Court Medical Centre Sdn Bhd
Headquarters: Kuala Lumpur, Malaysia
Prince Court Medical Centre is a 270-bed private healthcare facility. Its objective is to be one of the leading healthcare providers in Asia that provide medical care at the highest international standards through world-class facilities, innovative technology and excellent customer services.
Samitivej Hospital Group
Headquarters: Bangkok, Thailand
Samitivej Hospital Group is a private hospital that was awarded the prestigious recognition as a Mother and Baby-Friendly Hospital by WHO and UNICEF. Other recognitions include the Prime Minister Award for the Most Recognized Service in 2004, hospital accreditation from the Hospital Accreditation Board of Thailand, and JCI accreditation.
Seoul National University Hospital
Headquarters: Seoul, Republic of Korea
Seoul National University Hospital is a tertiary hospital that has been leading medical advancement of the Republic of Korea for the past 130 years. It provides world-class medical services to patients by enhancing the patient-care system and working towards maintaining a comfortable environment.
Headquarters: Leuven, Belgium
UZ Leuven is the largest Belgian hospital, known as a leading international medical center, which strives for high-technology and human patient care. With more than 9,000 employees, it annually admits 57,500 patients and provides 70,100 consultations and 56,600 surgical procedures.
About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the global medical tourism market, which has enabled the clients to set up and expand their businesses successfully. Some of the company’s offerings include:
- Market Research
- Plant setup
- Plant Expansion
- Marketing and sales
- Procurement and Distribution
- Innovation and Product Development