Medical Tourism Market Size, Share, Growth Analysis, By Treatment Type(Cosmetic Tourism, Cardiovascular and Orthopedic), By Service Provider(Public, Private), By Destination(Domestic, International), By Region - Industry Forecast 2024-2031

The Asia Pacific region is witnessing the maximum growth in the medical tourism market. This is mainly because recently this region has become an appealing destination for medical services. One of the major reasons for this is the cost-efficiency of medical treatments in countries such as Thailand, Malaysia, and India. Nowadays, medical treatment is extremely affordable in these areas compared to Western countries without compromising on quality. Furthermore, the region is also proud of their immensely talented medical professionals and outstanding medical facilities acknowledged by international bodies. Advanced medical technologies and treatments along with less waiting times for procedures, boosts the growth of medical tourism market in the region. Moreover, government bodies are also taking initiatives and implementing policies for enhancing medical tourism market revenue with smooth visa processes and promotional activities.  

European medical tourism is the fastest growing market as it is already popular for being a distinguished medical tourism spot. The medical tourism market in this region is flourishing because of the high-level of medical standards, competitive prices for treatments, stable governments, and cheap flights. The medical facilities in this region have an outstanding and comprehensive portfolio offering immense opportunities to the market at competitive prices. Moreover, Europe is also considered at the top position of the market owing to its increasing healthcare infrastructure for medical tourists in countries like UK and France. Most of the time, the region is also leading medical innovations and clinical trials, providing access to numerous unique treatments and technologies that might not be available in any other place.