Medical Tourism In A Changing World: A 2023 Global Market Report

DUBLIN, Sept. 13, 2023 /PRNewswire/ — The “Medical Tourism In A Changing World – A Global Market Report” report has been added to ResearchAndMarkets.com’s offering.

This comprehensive report offers the latest insights, data, and predictions on the future of medical tourism.

Medical tourism is experiencing a resurgence, with an estimated 14 million medical tourists and counting. Countries around the world are actively seeking to attract these travelers. As a growth market within the tourism industry, medical tourism is projected to grow by 10% annually and potentially reach 20% as economies recover.

This global industry, valued at hundreds of billions of dollars, is set for dramatic expansion in the coming years. The publisher, with two decades of expertise in researching and analyzing global medical tourism, notes that the recovery post-pandemic has been swift. However, the landscape has evolved, with changing customer expectations and new entrants challenging established destinations.

Ten Key Trends

The greater proportion of medical travel is regional or domestic within a country.
The increasing cost of air travel and decreased wish to travel a long distance combined means long distance medical tourism is fading.
Many medical tourists do not seek out the cheapest destination.
Much medical tourism is for cosmetic, fertility or dental treatment.
Medical tourists are increasingly being courted by nations in an organised way.
The key drivers for medical tourism are the lack of insurance and services (in the patients’ home country), lower costs, better quality care, procedures unavailable at home and shorter waiting periods.
Practices like opening offices in source markets; raising awareness about their competitive edge, effective communication, offering ease of visa and travel bundled with tourism-and-treatment were popular strategies.
Healthcare businesses are setting up physically in another country.
Some countries have exited the market but others known as suppliers- are becoming destinations.
Electronic telemedicine is where a patient gets help from a doctor in another country without either travelling.

Dynamic market

The medical tourism market is a dynamic one that is fast moving and changing quickly.

Who the report is for

Medical tourism destinations
Global healthcare providers
Medical tourism agents
Medical tourism trainers and consultants
Management consultants
Insurance companies and brokers
Professionals working in global healthcare markets
Hospital and clinic groups operating internationally
Travel agents
Banks and other financial institutions
Investors and private equity
National and local government policy makers
Lawyers
Policy advisors
Think tanks
Assistance companies
Travel managers

Why buy this report?

Keep up to date with trends in medical tourism and how the market is changing
Understand the impact of political and economic changes.
See an overview of what key countries are doing.
Find out which countries are succeeding in promoting medical tourism.

Key Topics Covered:

Market definitions
Ten key trends
Top ten destinations by revenue
Top ten sources of medical tourism
Global medical tourism in a changing world
Medical tourism in 2023 and beyond
Tourism and medical tourism in 2023
Medical tourism traditional
Medical tourism new definitions
How medical tourism is changing
How medical tourism needs to change
Medical tourism strategy and planning
Global figures on medical tourism
International patients
Why migration affects figures
Global medical tourism figures by country
Regional promotion
Diasporic medical tourism
High value state paid patients
Taking hospitals to the patients
How medical tourism will evolve
Dental care in Europe
Hair transplant surgery
Spa customers
Spas and medical tourism
Global medical costs
How to build a medical tourism destination
Moving away from price
Price versus quality
Domestic medical tourism
Hotels and medical tourism
Sanctions against Russia
Asia-Pacific
Caribbean
Europe
Gulf and Middle East
Future of top medical tourism countries
Country news and plans
New from leading accreditor organisations

APPENDIX TABLES

Top 50 global medical tourism destinations 2019
Medical tourism inbound 2020
Medical tourism inbound 2021
Medical tourism inbound 2022
Top 50 outbound medical tourism sources 2019
Medical tourism outbound 2020
Medical tourism outbound 2021
Medical tourism revenue top 25 destinations 2019
Medical tourism revenue destinations 2020
Medical tourism revenue destinations 2021
Medical tourism revenue destinations 2022

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

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