Global Medical Tourism Market Competitive Dynamics and Industry Outlook 2025
Medical tourism can be described as traveling across international borders in order to take advantage of some form of medical care that may or may not be available in the home country of the traveler. Such care may include a wide variety of medical services; however, the services most commonly used include orthopedic treatment, cancer treatment, elective surgery, treatment for neurological disorders and fertility treatment among others. The factors driving the growth of the global medical tourism market are accessibility and affordability of high quality healthcare services coupled with support from tourism departments and local government agencies. Additionally, the availability of the advanced medical technologies around the world is projected to propel the growth of the market. In comparison, long fractional reimbursement by consumers and travel-related difficulties, language barriers, document quality, and VISA issues hamper the growth of the global medical tourism market. Furthermore, a broader hospital network following cashless transaction insurance coverage is projected to serve as a catalyst for the medical tourism industry. Hospitals & specialty clinics in some countries are backed by sophisticated research infrastructure, and more registered nurses support doctors than other facilities in developed countries. There was also a lack of technological advances at home which forced patients to travel abroad for treatment.

Most cosmetic operations are contemplated elective and thus are not covered under medical insurance. Since cosmetic surgeries are not protected by most of the medical assistance plans, lower costs in other countries are increasing the appeal to foreign patients. By flying to destinations, they save costs and use care at lower rates while at the destination country they participate in leisure activities. The availability of affordable healthcare choices along with increased quality of care is the primary factor responsible for the increasing preference for medical offshore tourism. Patients will save between 40 percent and 80 percent of the overall cost of medical care. The main factor behind lower healthcare rates in medical tourism destinations is low cost and easy mobility of labor force. Patient care is the central focus of the international accreditation quality healthcare facility and a procedure for continuity of care is provided in these hospitals, with adequate procedures in place for the referral, discharge, follow-up, and transition of patients to enhance the patient experience. In the era of mobility, for various reasons, an increasing number of people are moving across countries and one of them is for medical treatment, thus raising the requirement for portability of insurance. Insurance rules for European countries furnish portability across the European Union. Insurance globalization also profits the provider as the insurer can directly contact their insurance service providers such as doctors and foreign hospitals with way lower prices, making a win-win situation for both the provider and the patient in their supplier networks.

The global medical tourism market is segmented on the basis of treatment type and geography. Based on the treatment type, the global market is bifurcated into cardiovascular treatment, orthopedics treatment, fertility treatment, cosmetic treatment, bariatric treatment, dental treatment, orthopedics treatment and others. Geographically, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East & Africa (MEA).

The key players operating within the global medical tourism market include Apollo Hospitals Enterprise Limited, Asklepios Kliniken GmbH, Apollo Hospitals Enterprise Limited, Al Rahba Hospital, Dr. Soliman Fakeeh Hospital, Bahrain Specialist Hospital, Al Zahra Hospital, Zulekha Hospital, Samitivej PCL, Hamad Medical Corporation, Saudi German Hospital (SGH) Group, Phyathai Hospitals Groups, Fortis Healthcare Limited, Bangkok Chain Hospital Public Company Limited among others.

Chapter One: Market Introduction

Chapter Two: Executive Summary

Chapter Three: Global Medical Tourism Market – Key Industry Dynamics
3.1. Key Market Drivers
3.2. Key Market Restraints
3.3. Market Opportunities
3.4. Future Trends
3.5. Impact Analysis of Drivers and Restraints

Chapter Four: Global Medical Tourism Market – Analysis and Revenue Forecast, 2015-2025 – By Treatment Type
4.1. Cardiovascular Treatment
4.2. Orthopedics Treatment
4.3. Fertility Treatment
4.4. Cosmetic Treatment
4.5. Bariatric Treatment
4.6. Dental Treatment
4.7. Orthopedics Treatment
4.8. Others

Chapter Five: Global Medical Tourism Market – Analysis and Revenue Forecast, 2015-2025 – By Region
5.1. North America
5.2. Europe
5.3. Asia-Pacific
5.4. Latin America
5.5. Middle East & Africa

Chapter Six: North America Medical Tourism Market – Analysis and Revenue Forecast, 2015-2025
6.1. North America Medical Tourism market – By Treatment Type , 2015-2025
6.1.1. Cardiovascular Treatment
6.1.2. Orthopedics Treatment
6.1.3. Fertility Treatment
6.1.4. Bariatric Treatment
6.1.5. Cosmetic Treatment
6.1.6. Dental Treatment
6.1.7. Orthopedics Treatment
6.1.8. Others
6.2. North America Medical Tourism market – By Country, 2015-2025
6.2.1. U.S.
6.2.2. Canada
6.2.3. Mexico

Chapter Seven: Europe Medical Tourism Market – Analysis and Revenue Forecast, 2015-2025
7.1. Europe Medical Tourism market – By Treatment Type , 2015-2025
7.1.1. Cardiovascular Treatment
7.1.2. Orthopedics Treatment
7.1.3. Fertility Treatment
7.1.4. Bariatric Treatment
7.1.5. Cosmetic Treatment
7.1.6. Dental Treatment
7.1.7. Orthopedics Treatment
7.1.8. Others
7.2. Europe Medical Tourism market – By Country, 2015-2025
7.2.1. Germany
7.2.2. France
7.2.3. UK
7.2.4. Spain
7.2.5. Italy
7.2.6. Rest of Europe

Chapter Eight: Asia-Pacific Medical Tourism Market – Analysis and Revenue Forecast, 2015-2025
8.1. Asia-Pacific Medical Tourism market – By Treatment Type , 2015-2025
8.1.1. Cardiovascular Treatment
8.1.2. Orthopedics Treatment
8.1.3. Fertility Treatment
8.1.4. Bariatric Treatment
8.1.5. Cosmetic Treatment
8.1.6. Dental Treatment
8.1.7. Orthopedics Treatment
8.1.8. Others
8.2. Asia-Pacific Medical Tourism market – By Country, 2015-2025
8.2.1. China
8.2.2. India
8.2.3. Japan
8.2.4. South Korea
8.2.5. Rest of Asia-Pacific

Chapter Nine: Latin America Medical Tourism Market – Analysis and Revenue Forecast, 2015-2025
9.1. Latin America Medical Tourism market – By Treatment Type , 2015-2025
9.1.1. Cardiovascular Treatment
9.1.2. Orthopedics Treatment
9.1.3. Fertility Treatment
9.1.4. Bariatric Treatment
9.1.5. Cosmetic Treatment
9.1.6. Dental Treatment
9.1.7. Orthopedics Treatment
9.1.8. Others
9.2. Latin America Medical Tourism market – By Country, 2015-2025
9.2.1. Brazil
9.2.2. Rest of Latin America

Chapter Ten: Middle East & Africa Medical Tourism Market – Analysis and Revenue Forecast, 2015-2025
10.1. Middle East & Africa Medical Tourism market – By Treatment Type , 2015-2025
10.1.1. Cardiovascular Treatment
10.1.2. Orthopedics Treatment
10.1.3. Fertility Treatment
10.1.4. Bariatric Treatment
10.1.5. Cosmetic Treatment
10.1.6. Dental Treatment
10.1.7. Orthopedics Treatment
10.1.8. Others
10.2. Middle East & Africa Medical Tourism market – By Country, 2015-2025
10.2.1. UAE
10.2.2. Saudi Arabia
10.2.3. Turkey
10.2.4. Rest of Middle East & Africa

Chapter Eleven: Competitive Analysis
11.1.1. Competition Dashboard
11.1.2. Company Profiles
11.1.2.1. Apollo Hospitals Enterprise Limited
11.1.2.1.1. Company Details
11.1.2.1.2. Orthopedics Treatment Portfolio
11.1.2.1.3. Financial Overview
11.1.2.1.4. Main Business Overview
11.1.2.1.5. News
11.1.2.2. Asklepios Kliniken GmbH
11.1.2.3. Apollo Hospitals Enterprise Limited
11.1.2.4. Al Rahba Hospital
11.1.2.5. Dr. Soliman Fakeeh Hospital
11.1.2.6. Bahrain Specialist Hospital
11.1.2.7. Al Zahra Hospital
11.1.2.8. Zulekha Hospital
11.1.2.9. Samitivej PCL
11.1.2.10. Hamad Medical Corporation
11.1.2.11. Saudi German Hospital (SGH) Group
11.1.2.12. Phyathai Hospitals Groups
11.1.2.13. Fortis Healthcare Limited
11.1.2.14. Bangkok Chain Hospital Public Company Limited

Chapter Twelve: Appendix

Chapter Thirteen: Research Conclusions