Market Overview:
Middle East medical tourism market size is projected to exhibit a growth rate (CAGR) of 8.70% during 2024-2032. The increasing advances in transportation and communication, which have made it easier for patients to travel for medical purposes, are driving the market.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032 |
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
8.70% |
Medical tourism refers to the practice of individuals traveling to foreign countries to seek medical treatment, often at a lower cost or with access to specialized procedures and technologies. This phenomenon has gained popularity due to the increasing ease of travel and the rising costs of healthcare. Patients may opt for medical tourism for various reasons, including affordability, shorter waiting times, or access to advanced medical procedures. Popular destinations for medical tourism include countries with well-established healthcare infrastructure and skilled medical professionals. However, there are potential risks, such as varying healthcare standards, language barriers, and limited legal recourse in case of medical complications. Despite challenges, medical tourism continues to thrive, bridging the gap between healthcare needs and accessibility to medical services.
Middle East Medical Tourism Market Trends:
The medical tourism market in the Middle East has witnessed remarkable growth in recent years, fueled by a confluence of factors. Primarily, the escalating costs of healthcare have prompted individuals to explore alternative options. This surge in medical expenses, coupled with the increasing awareness of affordable and high-quality medical treatments available in the Middle East, has become a pivotal driver for the flourishing medical tourism market. Additionally, advancements in technology have facilitated easy access to information about medical facilities and treatments. Consequently, patients are now better informed and more inclined to seek medical services that offer competitive prices without compromising on quality. Moreover, the emergence of specialized medical tourism agencies and facilitators has streamlined the entire process, offering comprehensive assistance in travel arrangements, treatment planning, and post-operative care. In essence, a synergistic interplay of factors, including cost differentials, technological advancements, and enhanced accessibility, is expected to drive the medical tourism market in the Middle East during the forecast period.
Middle East Medical Tourism Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional and country level for 2024-2032. Our report has categorized the market based on treatment type and service provider.
Treatment Type Insights:
- Cosmetic Treatment
- Dental Treatment
- Cardiovascular Treatment
- Orthopaedic Treatment
- Bariatric Surgery
- Fertility Treatment
- Ophthalmic Treatment
- Others
The report has provided a detailed breakup and analysis of the market based on the treatment type. This includes cosmetic treatment, dental treatment, cardiovascular treatment, orthopedic treatment, bariatric surgery, fertility treatment, ophthalmic treatment, and others.
Service Provider Insights:
A detailed breakup and analysis of the market based on the service provider have also been provided in the report. This includes public and private.
Country Insights:
- Saudi Arabia
- Turkey
- Israel
- United Arab Emirates
- Iran
- Iraq
- Qatar
- Kuwait
- Oman
- Jordan
- Bahrain
- Others
The report has also provided a comprehensive analysis of all the major regional markets, which include Saudi Arabia, Turkey, Israel, United Arab Emirates, Iran, Iraq, Qatar, Kuwait, Oman, Jordan, Bahrain, and Others.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Middle East Medical Tourism Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
- Treatment Type
- Service Provider
- Country
|
Treatment Types Covered |
Cosmetic Treatment, Dental Treatment, Cardiovascular Treatment, Orthopaedic Treatment, Bariatric Surgery, Fertility Treatment, Ophthalmic Treatment, Others |
Service Providers Covered |
Public, Private |
Countries Covered |
Saudi Arabia, Turkey, Israel, United Arab Emirates, Iran, Iraq, Qatar, Kuwait, Oman, Jordan, Bahrain, Others |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Middle East medical tourism market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Middle East medical tourism market?
- What is the breakup of the Middle East medical tourism market on the basis of treatment type?
- What is the breakup of the Middle East medical tourism market on the basis of service provider?
- What are the various stages in the value chain of the Middle East medical tourism market?
- What are the key driving factors and challenges in the Middle East medical tourism?
- What is the structure of the Middle East medical tourism market and who are the key players?
- What is the degree of competition in the Middle East medical tourism market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Middle East medical tourism market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the Middle East medical tourism market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Middle East medical tourism industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.