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TwitterThis statistic shows the value of the leading medical travel destinations worldwide as of 2018. As of that time, medical tourism in the United States was valued at around *** billion U.S. dollars.
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TwitterIn 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.
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Dental care along with tourism! There is nothing more a patient can ask for. The dental tourism industry is observing patients flocking due to their special amenities. The growing popularity of medical tourism and its impact on dental tourism has pushed the demand for it and is forecast to garner a 10.70% CAGR from 2024 to 2034.
| Report Attribute | Details |
|---|---|
| Market Value for 2024 | US$ 8,812.30 million |
| Forecast Value in 2034 | US$ 31,540.90 million |
| CAGR from 2024 to 2034 | 13.60% |
Analysis of Trends in Dental Tourism Consumption Historically, from 2018 to 2023
| Historical CAGR (2018 to 2023) | 10.70% |
|---|---|
| Forecast CAGR (2024 to 2034) | 13.60% |
Category wise Insights
| Services | Dental Implants |
|---|---|
| Market Share in 2024 | 26.30% |
| Provider | Hospital Chains |
|---|---|
| Market Share in 2024 | 47.30% |
Region wise Analysis
| Countries | CAGR from 2024 to 2034 |
|---|---|
| India | 18.00% |
| Mexico | 12.50% |
| Romania | 8.90% |
| Dubai, UAE | 17.70% |
| Colombia | 10.80% |
Report Scope
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 13.60% from 2024 to 2034 |
| Market value in 2024 | US$ 8,812.30 million |
| Market value in 2034 | US$ 31,540.90 million |
| Base Year for Estimation | 2023 |
| Historical Data | 2018 to 2023 |
| Forecast Period | 2024 to 2034 |
| Quantitative Units | US$ million for value |
| Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered |
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| Regions Covered |
|
| Countries Profiled |
|
| Key Companies Profiled |
|
| Customisation Scope | Available on Request |
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Research-and-Development Time Series for H.I.S. Co Ltd. H.I.S. Co., Ltd. provides travel agency services internationally. The company offers sports-related tours, such as ski and diving tours; casual to luxury cruises; escort accompanied tours, honeymoons, and onboard weddings; and local tour services in Australia, Thailand, Bali Island, Guam, and South Korea. The company also operates travel business, hotels and theme parks; an online platform for various travel services; and bus tours connecting Tokyo and the surrounding area to Kansai and Nagoya. In addition, the company offers advertising services; and domestic and overseas travel insurance products. Further, it operates Hapi-robo st, a robot; offers various types of construction works; provides hotel rooms, guest room facilities, and furniture and electronic appliances for offices and houses; sets and manages events; coordinates with Japan medical tourism; and offers direct sales support services. Additionally, the company provides a range of diploma and certificate programs in business, international trade, hospitality, information technology, and health care; and communication equipment and services. Furthermore, it operates Smrt English, an English learning platform; and GREEN OCEAN, a job placement agency that focuses on the agriculture and accommodation business. The company was formerly known as International Tours Co., Ltd. and changed its name to H.I.S. Co., Ltd. in 1990. H.I.S. Co., Ltd. was incorporated in 1980 and is headquartered in Tokyo, Japan.
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TwitterThe global wellness economy was estimated at a value of around 6.3 trillion U.S. dollars in 2023. Of this revenue, over 1.2 trillion U.S. dollars was generated in personal care and beauty, while the global wellness tourism market was estimated at 830 billion U.S. dollars. How large is the beauty and personal care market? Since 2020, the global beauty and personal care market has experienced year-to-year growth. In 2024, the market recorded an estimated total revenue exceeding 630 billion U.S. dollars. Notably, the personal care segment contributed significantly to this revenue, closely followed by the skin care segment. Additionally, when considering countries with the highest beauty and personal care revenue, the United States ranked first, followed by China, which had approximately 30 billion U.S. dollars less in revenue compared to the United States in 2023. In what region is wellness tourism most popular? In 2022, Europe stood out as the global leader in wellness tourism, with over 300 million trips recorded. Asia-Pacific and North America secured the second and third positions, respectively. Additionally, Europe led the ranking in the number of spa facilities worldwide, having approximately 9.6 thousand more spas than Asia-Pacific. However, in terms of the number of thermal and mineral spring facilities worldwide, Asia-Pacific took the lead with almost 23 thousand such facilities in 2022.
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TwitterThis statistic shows the value of the leading medical travel destinations worldwide as of 2018. As of that time, medical tourism in the United States was valued at around *** billion U.S. dollars.