Medical Tourism Market

The global medical tourism market is currently experiencing strong growth.  Medical tourism refers to organized travel across countries to receive medical treatment. It usually involves traveling abroad for maintenance, enhancement or restoration of health through advanced healthcare facilities and treatment methods. The services are often availed for elective surgeries and the treatment of various dental, cosmetic, cardiovascular, orthopaedic and neurological diseases, along with other critical ailments, such as cancer. They also enable the patients to receive high-quality treatment and other healthcare facilities at affordable costs.

The thriving medical industry across the globe is one of the key factors driving the growth of the market. Patients are increasingly adopting medical migration, owing to high treatment expenditures for chronic ailments in several developed nations. Furthermore, the availability of state-of-the-art medical facilities at affordable costs in various developing countries is attracting patients from all over the world. Healthcare centers are focusing on providing improved healthcare, innovative medicines, modern devices and personalized care to patients, thereby providing a boost to the market. Additionally, healthcare organizations and centers are also offering comprehensive medical tourism packages to patients, which include all travel-related services ranging from ticket booking to accommodation and medical insurance. Moreover, growing consumer awareness regarding the availability of advanced medical facilities is another factor favoring the market growth. Other factors, including the implementation of favourable government policies promoting the growth of the medical infrastructure and extensive research and development (R&D) activities, are projected to drive the market further. Looking forward, IMARC Group expects the market to exhibit a CAGR of around 8% during 2020-2025.

Breakup by Treatment Type:

• Cosmetic Treatment
• Dental Treatment
• Cardiovascular Treatment
• Orthopaedic Treatment
• Bariatric Surgery
• Fertility Treatment
• Ophthalmic Treatment
• Others
   

Breakup by Type:

• Domestic
• International
   

Breakup by End-User:

• Diagnostics
• Research Laboratories
• Point of Care Testing
• Others

Breakup by Region:

• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Aditya Birla Memorial Hospital, Apollo Hospitals Enterprise Limited, Asian Heart Institute, Barbados Fertility Center, BB Health Solutions., Fortis Healthcare, Healthbase, KPJ Healthcare Berhad, Prince Court Medical Centre, Samitivej, Seoul National University Hospital, UZ Leuven, etc.

Key Questions Answered in This Report:

• How has the global medical tourism market performed so far and how will it perform in the coming years?
• What are the key regional markets?
• What is the breakup of the market based on the treatment type?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the end-user?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global medical tourism market and who are the key players?
• What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Medical Tourism Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Market Forecast
6    Market Breakup by Treatment Type
    6.1    Cosmetic Treatment
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Dental Treatment
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Cardiovascular Treatment
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Orthopaedic Treatment
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Bariatric Surgery
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Fertility Treatment
        6.6.1 Market Trends
        6.6.2 Market Forecast
    6.7    Ophthalmic Treatment
        6.7.1 Market Trends
        6.7.2 Market Forecast
    6.8    Others
        6.8.1 Market Trends
        6.8.2 Market Forecast
7    Market Breakup by Type
    7.1    Domestic
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    International
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by End-User
    8.1    Diagnostics
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Research Laboratories
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Point of Care Testing
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Competitive Landscape
    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    Aditya Birla Memorial Hospital
           13.3.1.1 Company Overview
           13.3.1.2 Product Portfolio 
        13.3.2    Apollo Hospitals Enterprise Limited
           13.3.2.1 Company Overview
           13.3.2.2 Product Portfolio 
           13.3.2.3 Financials
           13.3.2.4 SWOT Analysis
        13.3.3    Asian Heart Institute
           13.3.3.1 Company Overview
           13.3.3.2 Product Portfolio 
        13.3.4    Barbados Fertility Center
           13.3.4.1 Company Overview
           13.3.4.2 Product Portfolio 
        13.3.5    BB Healthcare Solutions
           13.3.5.1 Company Overview
           13.3.5.2 Product Portfolio 
        13.3.6    Fortis Healthcare
           13.3.6.1 Company Overview
           13.3.6.2 Product Portfolio 
           13.3.6.3 Financials
           13.3.6.4 SWOT Analysis
        13.3.7    Healthbase
           13.3.7.1 Company Overview
           13.3.7.2 Product Portfolio 
        13.3.8    KPJ Healthcare Berhad
           13.3.8.1 Company Overview
           13.3.8.2 Product Portfolio 
           13.3.8.3 Financials
        13.3.9    Prince Court Medical Centre
           13.3.9.1 Company Overview
           13.3.9.2 Product Portfolio 
        13.3.10    Samitivej
           13.3.10.1 Company Overview
           13.3.10.2 Product Portfolio 
           13.3.10.3 Financials
        13.3.11    Seoul National University Hospital
           13.3.11.1 Company Overview
           13.3.11.2 Product Portfolio 
        13.3.12    UZ Leuven
           13.3.12.1 Company Overview
           13.3.12.2 Product Portfolio 

List of Figures

Figure 1: Global: Medical Tourism Market: Major Drivers and Challenges
Figure 2: Global: Medical Tourism Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Medical Tourism Market: Breakup by Treatment Type (in %), 2019
Figure 4: Global: Medical Tourism Market: Breakup by Type (in %), 2019
Figure 5: Global: Medical Tourism Market: Breakup by End-User (in %), 2019
Figure 6: Global: Medical Tourism Market: Breakup by Region (in %), 2019
Figure 7: Global: Medical Tourism Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 8: Global: Medical Tourism (Cosmetic Treatment) Market: Sales Value (in Million US$), 2014 & 2019
Figure 9: Global: Medical Tourism (Cosmetic Treatment) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 10: Global: Medical Tourism (Dental Treatment) Market: Sales Value (in Million US$), 2014 & 2019
Figure 11: Global: Medical Tourism (Dental Treatment) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 12: Global: Medical Tourism (Cardiovascular Treatment) Market: Sales Value (in Million US$), 2014 & 2019
Figure 13: Global: Medical Tourism (Cardiovascular Treatment) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 14: Global: Medical Tourism (Orthopaedic Treatment) Market: Sales Value (in Million US$), 2014 & 2019
Figure 15: Global: Medical Tourism (Orthopaedic Treatment) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 16: Global: Medical Tourism (Bariatric Surgery) Market: Sales Value (in Million US$), 2014 & 2019
Figure 17: Global: Medical Tourism (Bariatric Surgery) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 18: Global: Medical Tourism (Fertility Treatment) Market: Sales Value (in Million US$), 2014 & 2019
Figure 19: Global: Medical Tourism (Fertility Treatment) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 20: Global: Medical Tourism (Ophthalmic Treatment) Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: Global: Medical Tourism (Ophthalmic Treatment) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 22: Global: Medical Tourism (Other Treatment Types) Market: Sales Value (in Million US$), 2014 & 2019
Figure 23: Global: Medical Tourism (Other Treatment Types) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 24: Global: Medical Tourism (Domestic) Market: Sales Value (in Million US$), 2014 & 2019
Figure 25: Global: Medical Tourism (Domestic) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: Global: Medical Tourism (International) Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: Global: Medical Tourism (International) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: Global: Medical Tourism (Diagnostics) Market: Sales Value (in Million US$), 2014 & 2019
Figure 29: Global: Medical Tourism (Diagnostics) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 30: Global: Medical Tourism (Research Laboratories) Market: Sales Value (in Million US$), 2014 & 2019
Figure 31: Global: Medical Tourism (Research Laboratories) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 32: Global: Medical Tourism (Point of Care testing) Market: Sales Value (in Million US$), 2014 & 2019
Figure 33: Global: Medical Tourism (Point of Care testing) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 34: Global: Medical Tourism (Other End-Users) Market: Sales Value (in Million US$), 2014 & 2019
Figure 35: Global: Medical Tourism (Other End-Users) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 36: North America: Medical Tourism Market: Sales Value (in Million US$), 2014 & 2019
Figure 37: North America: Medical Tourism Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 38: United States: Medical Tourism Market: Sales Value (in Million US$), 2014 & 2019
Figure 39: United States: Medical Tourism Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 40: Canada: Medical Tourism Market: Sales Value (in Million US$), 2014 & 2019
Figure 41: Canada: Medical Tourism Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 42: Asia Pacific: Medical Tourism Market: Sales Value (in Million US$), 2014 & 2019
Figure 43: Asia Pacific: Medical Tourism Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 44: China: Medical Tourism Market: Sales Value (in Million US$), 2014 & 2019
Figure 45: China: Medical Tourism Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 46: Japan: Medical Tourism Market: Sales Value (in Million US$), 2014 & 2019
Figure 47: Japan: Medical Tourism Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 48: India: Medical Tourism Market: Sales Value (in Million US$), 2014 & 2019
Figure 49: India: Medical Tourism Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 50: South Korea: Medical Tourism Market: Sales Value (in Million US$), 2014 & 2019
Figure 51: South Korea: Medical Tourism Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 52: Australia: Medical Tourism Market: Sales Value (in Million US$), 2014 & 2019
Figure 53: Australia: Medical Tourism Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 54: Indonesia: Medical Tourism Market: Sales Value (in Million US$), 2014 & 2019
Figure 55: Indonesia: Medical Tourism Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 56: Others: Medical Tourism Market: Sales Value (in Million US$), 2014 & 2019
Figure 57: Others: Medical Tourism Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 58: Europe: Medical Tourism Market: Sales Value (in Million US$), 2014 & 2019
Figure 59: Europe: Medical Tourism Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 60: Germany: Medical Tourism Market: Sales Value (in Million US$), 2014 & 2019
Figure 61: Germany: Medical Tourism Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 62: France: Medical Tourism Market: Sales Value (in Million US$), 2014 & 2019
Figure 63: France: Medical Tourism Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 64: United Kingdom: Medical Tourism Market: Sales Value (in Million US$), 2014 & 2019
Figure 65: United Kingdom: Medical Tourism Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 66: Italy: Medical Tourism Market: Sales Value (in Million US$), 2014 & 2019
Figure 67: Italy: Medical Tourism Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 68: Spain: Medical Tourism Market: Sales Value (in Million US$), 2014 & 2019
Figure 69: Spain: Medical Tourism Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 70: Russia: Medical Tourism Market: Sales Value (in Million US$), 2014 & 2019
Figure 71: Russia: Medical Tourism Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 72: Others: Medical Tourism Market: Sales Value (in Million US$), 2014 & 2019
Figure 73: Others: Medical Tourism Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 74: Latin America: Medical Tourism Market: Sales Value (in Million US$), 2014 & 2019
Figure 75: Latin America: Medical Tourism Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 76: Brazil: Medical Tourism Market: Sales Value (in Million US$), 2014 & 2019
Figure 77: Brazil: Medical Tourism Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 78: Mexico: Medical Tourism Market: Sales Value (in Million US$), 2014 & 2019
Figure 79: Mexico: Medical Tourism Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 80: Others: Medical Tourism Market: Sales Value (in Million US$), 2014 & 2019
Figure 81: Others: Medical Tourism Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 82: Middle East and Africa: Medical Tourism Market: Sales Value (in Million US$), 2014 & 2019
Figure 83: Middle East and Africa: Medical Tourism Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 84: Global: Medical Tourism Industry: SWOT Analysis
Figure 85: Global: Medical Tourism Industry: Value Chain Analysis
Figure 86: Global: Medical Tourism Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Medical Tourism Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Medical Tourism Market Forecast: Breakup by Treatment Type (in Million US$), 2020-2025
Table 3: Global: Medical Tourism Market Forecast: Breakup by Type (in Million US$), 2020-2025
Table 4: Global: Medical Tourism Market Forecast: Breakup by End-User (in Million US$), 2020-2025
Table 5: Global: Medical Tourism Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 6: Global: Medical Tourism Market: Competitive Structure
Table 7: Global: Medical Tourism Market: Key Players