Medical Tourism Global Business Report 2024-2030: Fertility Medical Tourism Continues to Rise Amid Controversies


Dublin, April 01, 2024 (GLOBE NEWSWIRE) -- The "Medical Tourism - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

The global market for Medical Tourism estimated at US$108.1 Billion in the year 2023, is projected to reach a revised size of US$264.4 Billion by 2030, growing at a CAGR of 11.8% over the analysis period 2023-2030.

Cardiovascular Treatment, one of the segments analyzed in the report, is projected to record 9% CAGR and reach US$45.6 Billion by the end of the analysis period. Growth in the Cancer Treatment segment is estimated at 11.6% CAGR for the next 8-year period.

The Medical Tourism market in the U.S. is estimated at US$30.5 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$46.7 Billion by the year 2030 trailing a CAGR of 16.2% over the analysis period 2023 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.2% and 9.9% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 10.3% CAGR.

Key Market Trends & Drivers

  • Medical Tourism Getting Transformed by the Technology of Artificial Intelligence
  • Artificial Intelligence: The Pill of Choice for Radical Evolution of Medical Tourism
  • Technological Advancements to Benefit the Medical Tourism Industry
  • IR 4.0 Technologies to Propel Growth of Medical Tourism
  • Medical Tourism Destinations to Win Competition Based on Adoption of the Most Disruptive Technologies
  • Medical Tourism Emerges Stronger Post Pandemic with Many Pandemic-Induced Changes to Healthcare Delivery Models Staying On
  • Medical Tourism Market on Fast Track to Glory with Interplay of Dynamic Trends
  • Rising Healthcare Costs Drive Demand for Medical Tourism
  • Aging Population to Propel the Demand for Medical Tourism
  • Unprecedented Spike in CAD Cases Drives the Medical Tourism Market
  • Ageing Demographics and Longer Life Expectancy Bolsters Market Growth
  • Rising Healthcare Expenditure: Opportunities in Store
  • Diabetics at Higher Risk of Heart Diseases to Propel Market Demand
  • Significant Increase in Number of Patients Suffering from Chronic Diseases Fuel Demand for Medical Tourism
  • Rise in Geriatric & Disabled Population Fuels Need for Medical Tourism
  • Increasing Incidence of Musculoskeletal Disorders and Chronic Medical Conditions Propels Market Growth
  • Fertility Medical Tourism Continues to Rise Amid Controversies
  • Growing Popularity of Beauty & Wellness & Post Pandemic Optimism for a Recovery Bodes Well for Medical Tourism
  • Efforts to Push Beauty & Wellness Tourism
  • Beauty & Wellness Tourism to Attain Greater Heights in Post-Pandemic Era
  • Rise in Dental Tourism Across Emerging Nations: A Significant Growth Opportunity
  • Challenges Facing the Medical Tourism Industry

The report covers 160 key competitors in the industry. A selection of featured companies include:

  • Aditya Birla Memorial Hospital
  • Apollo Hospitals Enterprise Ltd.
  • Asian Heart Institute
  • Barbados Fertility Center
  • Fortis Healthcare Ltd.
  • NTT Medical Center Tokyo
  • Prince Court Medical Centre
  • Samitivej Sukhumvit Hospital
  • Seoul National University Hospital
  • UZ Leuven
  • Wooridul Hospital

Key Report Features

  • Full access to influencer engagement stats
  • Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Economic Update
  • Although Declining for the First Time Since the Russia-Ukraine War, Global Oil Prices Still Remains Higher Than 2019 Levels Which In Turn Will Take Inflation Longer Than Expected to Fall: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
  • Slower Than Anticipated Decline Makes Inflation a Stickier Than Expected Problem to Solve in 2023: Global Inflation Rates (In %) for the Years 2019 through 2024
  • Global Economy Slowly Limps Towards Recovery, Resiliently Navigating the War & Decades-High Inflation: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
  • Inflation Battling Policy Measures to Slowdown Post Pandemic Recovery in Unemployment Rates: Global Number of Unemployed People (In Million) for Years 2019 Through 2024
  • How the Healthcare Industry Has Been Impacted by the Pandemic & What's the New Normal?
  • With the COVID-19 Pandemic Exposing Global Healthcare Unpreparedness, There is Increasing Policy Led Focus on Rebooting Health Systems Worldwide: Healthcare Costs as a % of GDP by Country for the Years 2020 & 2023
  • Competitive Scenario
  • Medical Tourism - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Medical Tourism: A Prelude
  • Medical Tourism: A Sheer Force Aiding Transformative Backdrop for Healthcare Sector
  • Medical Procedures as Strong Pillars at Foundation of Medical Tourism Castle
  • Medical Tourism & Investment Migration Programs Open Exciting Economic Avenues
  • Medical Tourism: Revolutionizing Patient Experiences
  • Medical Tourism Experiencing Rapid Growth
  • Major Drivers and Challenges in the Medical Tourism Industry
  • Technology Trends to Influence Market Uptake
  • Role of Digital Technology in Reshaping the Medical Tourism Industry
  • Hybrid Medical Tourism Experience - The Future
  • Private Sector Dominates the Industry
  • Star Performers of the Pulsating Medical Tourism Landscape
  • Innovation Drives Malaysia's Medical Tourism
  • USA: Prime Medical Tourism Destination
  • UK and Germany: A Lucrative Medical Tourism Market
  • Chinese Medical Tourism Outlook
  • South Korea to Impact the Market Growth of Medical Tourism
  • Technological Advancements Changing The face of Health Tourism in Asia and South America
  • Recent Market Activity
  • Influencer Market Insights
  • Select Global Brands

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

  • United States
  • Canada
  • Japan
  • China
  • Europe
  • France
  • Germany
  • Italy
  • United Kingdom
  • Spain
  • Turkey
  • Rest of Europe
  • Asia-Pacific
  • India
  • South Korea
  • Thailand
  • Rest of Asia-Pacific
  • Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East
  • Africa

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/q54uy3

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