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Medical Tourism Market

Medical Tourism Market Research Report – Segmented By Treatment Type (Bariatric Surgery, Cardiovascular Treatment, Cosmetic Treatment, Dental Treatment, Fertility Treatment, Ophthalmic Treatment, Orthopedics Treatment, Other Treatments) & Region (North America, Europe, APAC, Latin America, Middle East and Africa) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2017 to 2026.


01

Executive Summary

Medical Tourism Market was valued at US $22,581.90 million in 2021 and is projected to grow at 20.76% CAGR over the forecast period to reach US $70,028.28 million by 2027. Medical Tourism Market represented US $7,096.49 million opportunity over 2019-2021 and estimated to create US $47,446.38 million opportunity in 2027 over 2021.

Medical Tourism from Consainsights analyses the Medical Tourism Market in the Life Sciences industry over the forecast period to 2027.

Medical Tourism research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Medical Tourism segmentation includes Treatment Type and Geography.

Based on the Treatment Type, the Medical Tourism analysis covers Cosmetic Treatment, Dental Treatment, Cardiovascular Treatment, Orthopedics Treatment, Bariatric Surgery, Fertility Treatment, Ophthalmic Treatment, Other Treatments.

In Treatment Type segment, Cosmetic Treatment segment has highest cagr growth of 18.25%.

Based on the region, the Medical Tourism analysis covers North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America.

Key companies operating in the market include Medretreat, Healthbase, Apollo Hospitals, KPJ Healthcare Behard, Klinikum Medical Link, Euromedical Tours, BB Health Solutions, Cosmedic Travel and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

  • Revenue Share (%), By Treatment Type (2021)
    Revenue Share (%), By Treatment Type (2021)
02

Market Overview

  • The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.
  • The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.
  • The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.
  • Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.
  • Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.
  • As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.
  • The currency used in this report is USD, with the market size indicated in terms of USD million/billion.
  • For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.
  • For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.
03

By Treatment Type

  • Cosmetic Treatment accounted for US$8843.11 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
  • Dental Treatment accounted for US$5572.85 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
  • Cardiovascular Treatment accounted for US$3159.45 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
  • Orthopedics Treatment accounted for US$2120.08 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
  • Bariatric Surgery accounted for US$1075.44 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
  • Fertility Treatment accounted for US$897.80 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
  • Ophthalmic Treatment accounted for US$607.84 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
  • Other Treatments accounted for US$305.32 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
Medical Tourism Market Y-o-Y Growth (USD million), By Treatment Type 2019 - 2027
Medical Tourism Market Y-o-Y Growth (USD million), By Treatment Type 2019 - 2027
Medical Tourism Market Size, By Treatment Type, 2019-2027 (USD million)
Medical Tourism Market Size, By Treatment Type, 2019-2027 (USD million)

The Bariatric Surgery segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Bariatric Surgery: global Medical Tourism Market Revenue Opportunity (Us$ Mn)
Bariatric Surgery: global Medical Tourism Market Revenue Opportunity (Us$ Mn)

The Cardiovascular Treatment segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Cardiovascular Treatment: global Medical Tourism Market Revenue Opportunity (Us$ Mn)
Cardiovascular Treatment: global Medical Tourism Market Revenue Opportunity (Us$ Mn)

The Cosmetic Treatment segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Cosmetic Treatment: global Medical Tourism Market Revenue Opportunity (Us$ Mn)
Cosmetic Treatment: global Medical Tourism Market Revenue Opportunity (Us$ Mn)

The Dental Treatment segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Dental Treatment: global Medical Tourism Market Revenue Opportunity (Us$ Mn)
Dental Treatment: global Medical Tourism Market Revenue Opportunity (Us$ Mn)

The Fertility Treatment segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Fertility Treatment: global Medical Tourism Market Revenue Opportunity (Us$ Mn)
Fertility Treatment: global Medical Tourism Market Revenue Opportunity (Us$ Mn)

The Ophthalmic Treatment segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Ophthalmic Treatment: global Medical Tourism Market Revenue Opportunity (Us$ Mn)
Ophthalmic Treatment: global Medical Tourism Market Revenue Opportunity (Us$ Mn)

The Orthopedics Treatment segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Orthopedics Treatment: global Medical Tourism Market Revenue Opportunity (Us$ Mn)
Orthopedics Treatment: global Medical Tourism Market Revenue Opportunity (Us$ Mn)

The Other Treatments segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Other Treatments: global Medical Tourism Market Revenue Opportunity (Us$ Mn)
Other Treatments: global Medical Tourism Market Revenue Opportunity (Us$ Mn)
04

North America

  • In 2021, North America segment accounted for US$22581.90 Bn and is expected grow with a CAGR of 20.76% over the forecast years.
  • In North America, United States accounted for US$12206.17 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
  • Canada accounted for US$10375.73 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
North America Medical Tourism Market, By Country, 2019-2027 (USD million)
North America Medical Tourism Market, By Country, 2019-2027 (USD million)
North America Medical Tourism Market - Market Opportunity (USD million), 2019, 2021 & 2027
North America Medical Tourism Market - Market Opportunity (USD million), 2019, 2021 & 2027
Revenue Share (%), By Treatment Type - North America (2021)
Revenue Share (%), By Treatment Type - North America (2021)
North America Medical Tourism Market, By Country, 2019-2027 (USD million)
North America Medical Tourism Market, By Country, 2019-2027 (USD million)
United States Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
United States Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Canada Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Canada Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
05

Europe

  • In 2021, Europe segment accounted for US$22581.90 Bn and is expected grow with a CAGR of 20.76% over the forecast years.
  • In Europe, Germany accounted for US$8522.14 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
  • United Kingdom accounted for US$5568.50 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
  • France accounted for US$3614.06 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
  • Spain accounted for US$2419.33 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
  • Russia accounted for US$1315.81 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
  • Italy accounted for US$699.31 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
  • Rest of Europe accounted for US$442.75 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
Europe Medical Tourism Market, By Country, 2019-2027 (USD million)
Europe Medical Tourism Market, By Country, 2019-2027 (USD million)
Europe Medical Tourism Market - Market Opportunity (USD million), 2019, 2021 & 2027
Europe Medical Tourism Market - Market Opportunity (USD million), 2019, 2021 & 2027
Revenue Share (%), By Treatment Type - Europe (2021)
Revenue Share (%), By Treatment Type - Europe (2021)
Europe Medical Tourism Market, By Country, 2019-2027 (USD million)
Europe Medical Tourism Market, By Country, 2019-2027 (USD million)
Germany Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Germany Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
United Kingdom Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
United Kingdom Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
France Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
France Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Spain Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Spain Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Russia Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Russia Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Italy Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Italy Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Rest of Europe Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Rest of Europe Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
06

Asia-Pacific

  • In 2021, Asia-Pacific segment accounted for US$22581.90 Bn and is expected grow with a CAGR of 20.76% over the forecast years.
  • In Asia-Pacific, China accounted for US$8463.39 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
  • Japan accounted for US$5315.58 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
  • India accounted for US$3457.33 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
  • Southeast Asia accounted for US$2652.22 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
  • Australia & New Zealand accounted for US$1404.93 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
  • Rest of Asia-Pacific accounted for US$1288.45 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
Asia-Pacific Medical Tourism Market, By Country, 2019-2027 (USD million)
Asia-Pacific Medical Tourism Market, By Country, 2019-2027 (USD million)
Asia-Pacific Medical Tourism Market - Market Opportunity (USD million), 2019, 2021 & 2027
Asia-Pacific Medical Tourism Market - Market Opportunity (USD million), 2019, 2021 & 2027
Revenue Share (%), By Treatment Type - Asia-Pacific (2021)
Revenue Share (%), By Treatment Type - Asia-Pacific (2021)
Asia-Pacific Medical Tourism Market, By Country, 2019-2027 (USD million)
Asia-Pacific Medical Tourism Market, By Country, 2019-2027 (USD million)
China Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
China Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Japan Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Japan Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
India Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
India Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Southeast Asia Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Southeast Asia Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Australia & New Zealand Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Australia & New Zealand Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Rest of Asia-Pacific Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Rest of Asia-Pacific Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
07

Middle East & Africa

Based on the Middle East & Africa, the Medical Tourism Market analysis covers Middle East, Africa, Rest of Middle East & Africa.

Middle East & Africa Map
Middle East & Africa Medical Tourism Market Size, 2019-2027 (Us$ Mn)
Middle East & Africa Medical Tourism Size, 2019-2027 (Us$ Mn)
Middle East & Africa Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Middle East & Africa Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Middle East Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Middle East Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Africa Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Africa Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Rest of Middle East & Africa Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Rest of Middle East & Africa Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
08

Latin America

  • In 2021, Latin America segment accounted for US$22581.90 Bn and is expected grow with a CAGR of 20.76% over the forecast years.
  • In Latin America, Brazil accounted for US$9801.97 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
  • Argentina accounted for US$5977.33 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
  • Mexico accounted for US$2882.48 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
  • Colombia accounted for US$1900.40 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
  • Rest of Latin America accounted for US$2019.72 Bn in year 2021 and is expected to reach US$XX Bn in year 2027.
Latin America Medical Tourism Market, By Country, 2019-2027 (USD million)
Latin America Medical Tourism Market, By Country, 2019-2027 (USD million)
Latin America Medical Tourism Market - Market Opportunity (USD million), 2019, 2021 & 2027
Latin America Medical Tourism Market - Market Opportunity (USD million), 2019, 2021 & 2027
Revenue Share (%), By Treatment Type - Latin America (2021)
Revenue Share (%), By Treatment Type - Latin America (2021)
Latin America Medical Tourism Market, By Country, 2019-2027 (USD million)
Latin America Medical Tourism Market, By Country, 2019-2027 (USD million)
Brazil Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Brazil Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Argentina Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Argentina Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Mexico Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Mexico Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Colombia Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Colombia Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Rest of Latin America Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
Rest of Latin America Medical Tourism Market - Historical, Forecast Market Sizes (US$ MN), By Treatment Type, 2019-2027
09

Company Analysis

  • Medretreat
  • Healthbase
  • Apollo Hospitals
  • KPJ Healthcare Behard
  • Klinikum Medical Link
  • Euromedical Tours
  • BB Health Solutions
  • Cosmedic Travel