How big is the Medical Tourism Market? The Medical Tourism Market size is expected to reach USD 84.92 billion in 2024 and grow at a CAGR of 23.03% to reach USD 239.37 billion by 2029.

   What is the current Medical Tourism Market size? 
   In 2024, the Medical Tourism Market size is expected to reach USD 84.92 billion.

   Who are the key players in Medical Tourism Market?
   Healthbase, Apollo Hospitals, KPJ Healthcare, Klinikum Medical Link and Medretreat are the major companies operating in the Medical Tourism Market. 

   Which is the fastest growing region in Medical Tourism Market? 
   Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). 

   Which region has the biggest share in Medical Tourism Market? 
   In 2024, the North America accounts for the largest market share in Medical Tourism Market. 

   What years does this Medical Tourism Market cover, and what was the market size in 2023? 
   In 2023, the Medical Tourism Market size was estimated at USD 65.36 billion. The report covers the Medical Tourism Market historical market size for years: 2021, 2022 and 2023. The report also forecasts the Medical Tourism Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

   What is the dominant segment contributing to the largest market share in Medical Tourism? 
   Cosmetic Treatment is the dominant segment that holds the major share of the Medical Tourism Market.

   The Global Medical Tourism Market Report provides a comprehensive industry analysis of the medical tourism market, segmented by treatment type and geography. The market overview highlights the various treatment types including cosmetic, dental, cardiovascular, orthopedics, bariatric, fertility, ophthalmic, and other treatments. The industry statistics indicate significant market growth driven by the increasing demand for affordable and high-quality medical care.<br><br>In terms of market segmentation, the report covers North America, Europe, Asia-Pacific, the Middle East and Africa, and South America, providing a detailed market forecast for each region. The industry size and market value are presented in terms of USD, reflecting the market's economic impact. The market trends and growth rate are analyzed to provide insights into future market predictions.<br><br>The report also includes an industry outlook, focusing on key market leaders and their strategies. The market review highlights the competitive landscape and the role of both private and public healthcare service providers. Additionally, the report examines alternative treatment options and their market share.<br><br>For those seeking more detailed information, the report example and report pdf are available for further industry research. The market data and industry reports offer valuable insights for companies looking to understand the market dynamics and make informed decisions. The industry trends and market outlook provide a clear picture of the market's future direction.<br><br>Overall, the Global Medical Tourism Market Report is an essential resource for understanding the market's growth forecast and industry worth. It provides a thorough market analysis and industry information, making it a valuable tool for research companies and stakeholders in the medical tourism industry.

   Medical Tourism Also Known As: Patient Mobility, Transnational Healthcare, Therapeutic Tourism, Medical Vacation, Health Travel

   Medical Tourism Report Covers the Following Regions: NA, North America, North American, Northern America, Northern American, EU, Europe, European, APAC, Asia Pacific, Asian, MEA, Middle East and Africa, Middle Eastern and African, MENA, Middle East, Middle Eastern, SA, South America, South American

   Medical Tourism Report Covers the Following Countries: USA, United States, US, Canada, Mexican, Mexico, DE, Germany, German, UK, United Kingdom, FR, France, French, IT, Italy, Italian, ES, Spain, Spanish, China, Chinese, JP, Japan, Japanese, IN, India, Indian, AU, Australia, Australian, KR, South Korea, South Korean, GCC, Gulf Cooperation Council, ZA, South Africa, South African, BR, Brazil, Brazilian, AR, Argentina, Argentine

In 2024, about *** million people traveled to Malaysia for medical and healthcare purposes. Medical tourism has increased in Malaysia since 2014, but the COVID-19 pandemic and travel restrictions in 2020 and 2021 caused a significant decrease in the number of medical tourists. The emerging leader of healthcare Malaysia is among other countries in the Asia-Pacific region such as Singapore, Thailand, and South Korea that have promoted the medical tourism industry. In 2005, the Ministry of Health (MoH) Malaysia established the Malaysian Healthcare Travel Council (MHTC) to promote healthcare travel. To support its ambition to be a medical tourism hub, Malaysia focused on developing its medical sector, by increasing the number of registered doctors and encouraging industrial collaboration between its private and public sectors, among others. The MHTC was created as a separate public sector entity in 2011, which gave it greater freedom to regulate the market. Since then, there had been significant growth in the medical tourism revenue. The Malaysian Health Travel brand The industry development and promotions, both domestic and abroad, have increased their international patient base and enticed foreign investment. The collaboration of the MHTC with Air Asia Indonesia is one such initiative that aimed at promoting metropolitan cities like Penang as the medical tourism center of the nation. The National Health Institute established the International Patient Center (IPC) to assist traveling patients with immigration services, visa, and health insurance transfers to make Malaysia the preferred destination for healthcare. Through this, Malaysia could see a steady development in the industry, which was reflected in the increasing value of the tourist expenditure for medical purposes, among others.

In 2018, ** percent of medical tourists in Thailand came from East Asia. This was followed by medical tourists from Europe, accounting for another ** percent. Thailand was one of the most popular destinations for medical purposes in Southeast Asia among foreign visitors because of the reasonable prices and high medical standards.

Value of medical tourism in Thailand Since 2016, Thailand had been promoting medical tourism as part of the Thailand 4.0 policy, aiming to position the country as the medical hub of Asia. With the support of heavily promoted campaigns and publicity, the value of medical tourism in Thailand reached around *** million U.S. dollars in 2018, which ranked Thailand as the fourth-most popular countries worldwide for medical tourism.

Healthcare capacity in Thailand Since 2010, the number of doctors in Thailand had gradually increased, amounting to almost ** thousand in 2019. With that number, the ratio of doctors to population in Thailand was one doctor per approximately *** thousand population. As it was expected that Thailand would welcome more medical tourists in the future owing to the Thailand 4.0 policy, Thai healthcare resources would need to be improved to meet these demands.

The size of the Asia-Pacific Medical Tourism Market market was valued at USD 53.11 Million in 2023 and is projected to reach USD 144.22 Million by 2032, with an expected CAGR of 15.34% during the forecast period. Recent developments include: October 2022: Apollo Hospitals acquired a 60% stake in the Ayurveda hospital chain. Apollo Hospitals will use the primary investment to upgrade existing centers, set up new centers, strengthen enterprise platforms, and for digital health initiatives., May 2022: Fortis Healthcare planned to add around 1,500 new beds to its network to around 5,000 beds in the next three years.. Key drivers for this market are: Increasing Tourist Arrivals, Quality and Service Standards. Potential restraints include: Skill Shortages and Labor Costs, Regulatory Challenges and Administrative Burdens. Notable trends are: Increasing Demand for Affordable Healthcare (Oncology, Cardiovascular Diseases, and Cosmetic Surgery) is Driving the Market.

The global medical tourism market is booming, projected to reach [estimated 2033 market size in billions] by 2033, with a CAGR of 18.41%. Discover key drivers, trends, and restraints shaping this rapidly expanding sector, including leading players and regional market shares. Recent developments include: February 2024: The governments of Thailand and Saudi Arabia entered a memorandum of understanding (MoU) to develop the medical tourism industry in both countries. As Thailand is a popular destination for seeking medical treatments for international patients, including Saudi Arabia, the developments in medical tourism in Thailand are expected to promote medical tourism in the country.January 2024: Parexel and the Japanese Foundation for Cancer Research (JFCR) strategically collaborated to accelerate the accessibility of oncology clinical trials in Japan and open wide opportunities for patients to participate in cancer research in Japan.. Key drivers for this market are: High Treatment Cost in Developed Countries, Availability of Latest Medical Technologies and High Quality of Service; Growing Compliance of International Quality Standards. Potential restraints include: High Treatment Cost in Developed Countries, Availability of Latest Medical Technologies and High Quality of Service; Growing Compliance of International Quality Standards. Notable trends are: Cosmetic Treatment Segment is Expected to Witness Significant Growth During the Forecast Period.

The revenue generated from medical tourism in Malaysia reached an estimate of 2.72 billion Malaysian ringgit as of 2024. This was a significant increase compared to the revenue in 2021, which was 600 million Malaysian ringgit. The medical tourism industry in Malaysia suffered during the two-year travel restrictions caused by the COVID-19 pandemic, which resulted in a vast decrease in revenue. Leading medical destination in Southeast Asia Malaysia is well known as a leading medical destination in Southeast Asia. In 2024, there were more than 1.5 million people who traveled to Malaysia for medical purposes. According to the Malaysian Investment Development Authority (MIDA), 60 percent of medical tourists come from the neighboring country, Indonesia. Penang is a popular medical destination city, especially for Indonesians, due to its proximity to Sumatra, one of the largest islands in Indonesia. In 2022, the Peninsular state generated more than 285 million Malaysian ringgit in revenue from medical tourism. Quality private medical care Medical travelers would usually go to private hospitals for their medical treatments. The Malaysian private healthcare system is well-developed and works to complement the public healthcare system. Many renowned Malaysian private hospitals that are popular among international visitors offer world-class medical care with the latest technology. In 2023, there were 212 private hospitals in Malaysia, representing a larger number compared to public hospitals.

Our Medical Tourist travel segment offers deep, behavioral insights into audiences who travel for medical procedures. By analyzing device activity and location signals from international hospitals, dental clinics, and wellness centers, we help you understand the unique travel patterns of these travelers. Our travel data is meticulously refreshed in real-time, giving hospitals, insurers, and medical tourism agencies an unparalleled foundation for building precise, personalized travel campaigns that resonate with a health-focused journey.

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In 2024, around 1.2 million foreigners came to South Korea as medical tourists, recording its highest figure ever since. Heavily affected by the coronavirus (COVID-19) pandemic and travel restrictions, the number of international patients in South Korea dipped, but it recovered quickly, exceeding pre-pandemic levels by 2023. 2024 was the first year it cracked the one million mark.Medical tourist arrivals over the last decade With the slogan “Medical Korea”, South Korea has been actively attracting foreign patients over the past decade. The total number of patients who visited Korea surpassed three million in 2021. Most patients chose South Korea for its advanced medical technology and services. A decade ago, patients from the U.S. and Japan accounted for half of the total foreign patients, but now the country distribution has diversified with the increasing numbers of visitors from Southeast Asian countries. Medical tourism and 'Hallyu' As the overall number of tourists visiting Korea has increased alongside the popularity of 'hallyu' content such as K-pop or K-dramas, Korean medical services are also increasing in popularity. It is noteworthy that the number of medical tourists from the Asian countries in which K-pop or K-dramas are very popular has been steadily increasing. The main medical reason for flying to South Korea among these patients was to access cosmetic procedures. Most of them visited the plastic surgery department or dermatology department, whereas the patients from the U.S. or Russia visited the internal medicine department or health checkup center.

India Foreign Tourist Arrivals: Medical Visa: West Asia: Others data was reported at 11,625.000 Unit in 2014. India Foreign Tourist Arrivals: Medical Visa: West Asia: Others data is updated yearly, averaging 11,625.000 Unit from Dec 2014 (Median) to 2014, with 1 observations. India Foreign Tourist Arrivals: Medical Visa: West Asia: Others data remains active status in CEIC and is reported by Ministry of Tourism. The data is categorized under India Premium Database’s Tourism Sector – Table IN.QB029: Foreign Tourist Arrivals: by Visa Type: Medical Visa.

In 2024, the number of foreign patients in Thailand was estimated to reach **** million. Thailand is one of the leading medical tourism hubs in Southeast Asia, offering various medical treatments with top-quality medical care at more affordable prices compared to developed countries.

Discover the booming outbound medical tourism market! This in-depth analysis reveals a $150 billion industry with a 5% CAGR, exploring key drivers, trends, restraints, and regional market shares across North America, Europe, and Asia. Learn about leading companies and future projections for this rapidly expanding sector.

India Foreign Tourist Arrivals: Medical Visa: South East Asia: Philippines data was reported at 1,384.000 Unit in 2014. India Foreign Tourist Arrivals: Medical Visa: South East Asia: Philippines data is updated yearly, averaging 1,384.000 Unit from Dec 2014 (Median) to 2014, with 1 observations. India Foreign Tourist Arrivals: Medical Visa: South East Asia: Philippines data remains active status in CEIC and is reported by Ministry of Tourism. The data is categorized under India Premium Database’s Tourism Sector – Table IN.QB029: Foreign Tourist Arrivals: by Visa Type: Medical Visa.

Explore the booming medical tourism market! Our in-depth analysis reveals key trends, growth drivers, and leading players in this dynamic sector, including market size projections, regional breakdowns, and insights into the future of medical travel. Discover opportunities and challenges in this lucrative industry.

Discover the booming dental tourism market! Explore its $384.8 million (2025) size, 4.2% CAGR, key drivers, regional trends, and leading companies. Learn about affordable dental procedures abroad and future growth opportunities in this rapidly expanding sector.

India Foreign Tourist Arrivals: Medical Visa: South East Asia: Singapore data was reported at 452.000 Unit in 2014. India Foreign Tourist Arrivals: Medical Visa: South East Asia: Singapore data is updated yearly, averaging 452.000 Unit from Dec 2014 (Median) to 2014, with 1 observations. India Foreign Tourist Arrivals: Medical Visa: South East Asia: Singapore data remains active status in CEIC and is reported by Ministry of Tourism. The data is categorized under India Premium Database’s Tourism Sector – Table IN.QB029: Foreign Tourist Arrivals: by Visa Type: Medical Visa.

India Foreign Tourist Arrivals: Medical Visa: South East Asia: Malaysia data was reported at 262.000 Unit in 2014. India Foreign Tourist Arrivals: Medical Visa: South East Asia: Malaysia data is updated yearly, averaging 262.000 Unit from Dec 2014 (Median) to 2014, with 1 observations. India Foreign Tourist Arrivals: Medical Visa: South East Asia: Malaysia data remains active status in CEIC and is reported by Ministry of Tourism. The data is categorized under India Premium Database’s Tourism Sector – Table IN.QB029: Foreign Tourist Arrivals: by Visa Type: Medical Visa.

According to Cognitive Market Research, The Global Wellness Tourism Market size is USD 815425.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 7.50 % from 2024 to 2031.

North America Wellness Tourism Market held 40% of the global revenue with a market size of USD 323170.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
Europe Wellness Tourism is projected to expand at a compound annual growth rate (CAGR) of 6.0 % from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD 244627.56 million.
Asia Pacific Wellness Tourism Market held 23% of the global revenue with a market size of USD 187547.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.5% from 2024 to 2031.
Latin America Wellness Tourism Market held 5% of the global revenue with a market size of USD 40771.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2031.
Middle East and Africa Wellness Tourism Market held 2% of the global revenue with a market size of USD 16308.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
Wellness tourism is becoming more accessible and appealing thanks to technological advancements that make booking simpler, offer personalized recommendations, and create seamless travel experiences.
People are looking for travel options that foster eco-consciousness and allow them to connect with nature, and they are becoming more and more drawn to natural locations and sustainable methods.

Key Dynamics of

Wellness Tourism Market

Key Drivers of Wellness Tourism Market

Increasing Awareness of Health and Lifestyle-Related Stress: The global consciousness regarding mental, emotional, and physical health is steering travelers towards vacations centered on wellness. Urban stress, burnout, and chronic health conditions are motivating individuals to pursue revitalizing experiences such as yoga retreats, detox camps, and meditation tours.

Rising Disposable Income Among Middle and Upper-Class Consumers: The increase in disposable income, particularly in the Asia-Pacific region and the Middle East, is allowing a broader segment of travelers to indulge in luxury wellness getaways. These consumers place a higher value on health-oriented travel compared to traditional leisure tourism, thereby boosting the demand for high-end services.

Incorporation of Wellness into Mainstream Hospitality and Travel: Hotels, airlines, and tour operators are progressively incorporating wellness initiatives—such as nutritious meals, spa treatments, and nature-oriented activities—into their services. This trend towards normalizing wellness travel is broadening the market beyond exclusive luxury clientele.

Key Restraints for

Wellness Tourism Market

High Expenses Associated with Specialized Wellness Packages: Tailored wellness retreats, medical spas, and holistic therapy centers frequently come with elevated costs, rendering them unaffordable for budget-conscious travelers. This financial barrier hinders widespread adoption, especially in developing economies.

Regulatory Hurdles in Medical and Alternative Therapies: The absence of standardized regulations and quality assurance across nations for alternative therapies, such as Ayurveda or acupuncture, leads to trust issues and liability concerns, which restrict cross-border wellness tourism.

Limited Awareness Among Consumers in Developing Markets: In numerous developing nations, the notion of wellness tourism is still in its infancy. The lack of awareness regarding holistic health retreats or preventive healthcare travel constrains market penetration in these regions.

Key Trends in

Wellness Tourism Market

The Emergence of Digital Detox and Mental Wellness Retreats: Travelers are progressively choosing off-grid, screen-free locations that emphasize mindfulness, stress alleviation, and inner healing. These retreats provide therapy, journaling, forest bathing, and silence workshops aimed at enhancing mental clarity.

Expansion of Medical-Wellness Hybrid Tourism: Wellness journeys frequently incorporate medical diagnostics, preventive examinations, and non-invasive treatments. Locations such as Thailand, India, and Turkey are merging clinical care with spa and healing ...

According to a survey conducted in South Korea in late 2023, medical tourists from the Middle East paid the most for medical services on average, at around ****** U.S. dollars per capita. They, along with patients from Southeast Asia, the CIS region, and North America paid above the overall average of about ***** dollars.

In 2021, the majority of foreign tourists from the South Asian region, specifically from Bangladesh and Maldives, came for medical purposes in India, around ** percent. This was followed by the West Asia region with more than ** percent FTAs for medical purposes.

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