Medical Tourism Market To Grow at a CAGR of 14.9% By 2025

Global Medical Tourism Market: Patients and Families to Seek Medical Care in Emerging
Nations as Healthcare Costs Soar in Developed Countries, says TMR
According to TMR, the global medical tourism market, which stood at US$46.46 bn in 2016, is
likely to reach US$160.8 bn by the end of 2025. Given the scenario, the global medical tourism
market will exhibit a CAGR of 14.9% between 2017 and 2025. Regionally, Asia Pacific held the
lead in the global medical tourism market in 2016. Singapore and India are likely to emerge as
popular destinations for medical tourism in Asia Pacific. Based on treatment, the global medical
tourism market was led by the orthopedics segment in 2016.
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The global Medical Tourism Market is segmented on the basis of Medical Treatment,Geography.
The global medical tourism market can be segmented on the basis of medical treatment and region.
On the bases of medical treatment, medical tourism market can be further segmented into
Cosmetology, Dentistry, Cardiology, Orthopedic surgery, Neurology, Oncology and Others.
Orthopedics is a branch of medicine which deals with conditions concerning bones and muscles. It
majorly involves the surgical procedures for correcting the musculoskeletal system. Cosmetology is
a branch of medicine which deals with the treatment options concerning skin, wrinkles, skin
coloration, unwanted hair, plastic surgery, rhinoplasty and overall external appearance. A branch of
medicine that is concern with the study, diagnosis, prevention and treatment of disorders and
conditions related to oral cavity called Dentistry. In term of revenue, Orthopedics segment held a
significant share of the medical tourism market in 2016. Increasing annual incidence of sport and
accident injury drive this segment. Approximately 427,181 procedure were performed in Unites
State through 3,170 surgeons in 2016. The growth of the cardiology segment is attributed with
increasing number of people travelling for cardiac surgery in Asia Pacific specially in India,
Singapore due to advanced treatment availability at low cost.
Geographically, the global medical tourism market is segmented into five regions: North America,
Europe, Asia Pacific, Latin America and Middle East & Africa. These regions have been further
segmented by countries and medical treatment. Asia Pacific dominated the market and is anticipated
to gain more market share by the end of 2025. The market in Europe is expanding rapidly, due to
increase in the number of medical travel patient, especially in UK, Germany, Italy and France,
Moreover, the market in Latin America and Middle East & Africa projected to expand significantly
in the near future due to high medical treatment cost in United State and Europe region. Turkey and
Mexico are accounted in top ten destination for medical tourism market in term of revenue.
Increasing healthcare infrastructure and international medical stranded drive the medical tourism
market in this region with significant growth. The competition matrix section included in the report
is likely to assist the existing players to increase their market shares and new hospitals to establish
their presence in medical tourism market.
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Summary of Table of Content
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3.
4.
5.
Preface
Research Approach & Methodology
Executive Summary
Market Definition
Global Medical Tourism Market Analysis, by Medical Treatment
6. Global Medical Tourism Market Analysis, by Region
7. North America Medical Tourism Market Analysis, by Medical Treatment
8. Europe Medical Tourism Market Analysis, by Medical Treatment
9. Asia Pacific Medical Tourism Market Analysis, by Medical Treatment
10. Latin America Medical Tourism Market Analysis, by Medical Treatment
11. Middle East and Africa Medical Tourism Market Analysis, by Medical Treatment
12. Competition Landscape
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