International Medical Tourism Market Set to Attain USD 33.6 Bn by 2031, With a Sustainable CAGR Of 29.8%| Development Market Stories

PUNE, India, Jan. 18, 2023 /PRNewswire/ — In response to a current market research revealed by Development Market Stories, titled, “Medical Tourism Market by Therapy Kind (Orthopedics Remedies, Ophthalmic Remedies, Dental Remedies, Beauty Remedies [Breast Augmentation and Hair Transplants], Cardiovascular Remedies, Fertility Remedies, Bariatric Remedies, Most cancers Remedies, and Others), and Area: Measurement, Share, Tendencies, and Alternative Evaluation, 2023-2031“, the market dimension was USD 3.4 Bn in 2022 and is anticipated to achieve USD 33.6 Bn increasing at a CAGR of 29.8% by the tip of 2031. The market development is attributed to the supply and affordability of high-quality healthcare remedies in rising economies.

Key Market Gamers Profiled within the Report

Cosmedic Journey AU
BB Well being Options
Euromedical Excursions
Klinikum Medical Hyperlink, Ltd.
KPJ Healthcare Berhad
Apollo Hospitals Enterprise Restricted.
Healthbase
MedRetreat.
Mount Elizabeth Hospital
Fortis Healthcare Restricted
Asklepios Kliniken GmbH
Rashid Hospital
Asian Coronary heart Institute
Others

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The report covers complete information on rising developments, market drivers, development alternatives, and restraints that may change the market dynamics of the trade. It supplies an in-depth evaluation of the market segments which embody remedy sorts and competitor evaluation.

This report additionally features a full evaluation of trade gamers and covers their newest developments, product portfolio, pricing, mergers, acquisitions, and collaborations. Furthermore, it supplies essential methods which can be serving to market gamers to increase their market share.

Highlights on the Segments of the Medical Tourism Market

When it comes to remedy kind, the worldwide medical tourism market is split into orthopedics remedies, ophthalmic remedies, dental remedies, beauty remedies [breast augmentation and hair transplants], cardiovascular remedies, fertility remedies, bariatric remedies, most cancers remedies, and others. The beauty remedies section is additional segmented into breast augmentation and hair transplants. The beauty section is anticipated to carry a serious key share of the worldwide market owing to the rising variety of varied beauty surgical procedure equivalent to hair regrowth, breast enlargement, facial operations, rhinoplasty, and others.

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Primarily based on area, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Center East & Africa. The market in Asia Pacific is projected to increase at a major fee throughout the forecast interval as a result of rising demand for medical tourism in rising international locations equivalent to India and China. China controls nearly all of the worldwide market owing the cheaper worth of remedy and superior healthcare amenities accessible within the area.

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Key Takeaways from the Examine:

The speedy development in technological developments within the healthcare trade relating to medical units, wearables, related healthcare, and surgical procedures can drive the worldwide market.
Rising demand for medical procedures equivalent to orthopedic and backbone, dental, and cardiology are more likely to enhance the worldwide market within the coming years.
Availability of superior amenities and companies at a decrease value is attracting vacationers from high-income international locations to return to creating international locations equivalent to India, China, Thailand, and others which is more likely to create new alternatives for the worldwide market.
The speedy development in personal service suppliers globally delivering world-class medical companies with the supply of superior medical infrastructure, value-based care at low value, and digital programs can drive market enlargement.
In response to the Medical Well being and Tourism Congress (MHTC), medical remedy is cheaper within the Asia Pacific area in comparison with different areas which may create profitable alternatives for the worldwide market within the coming years.

Learn 205 Pages Analysis Report with Detailed ToC on “Medical Tourism Market by Therapy Sorts (Orthopedics Remedies, Ophthalmic Remedies, Dental Remedies, Beauty Remedies [Breast Augmentation and Hair Transplants], Cardiovascular Remedies, Fertility Remedies, Bariatric Remedies, Most cancers Remedies, and Others), and Areas (North America, Latin America, Europe, Asia Pacific, and Center East & Africa) – International Business Evaluation, Development, Share, Measurement, Tendencies, and Forecast, 2023 – 2031″

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Key Segments Lined

Therapy Kind

Area

North America
Europe
Asia Pacific
Latin America
Center East & Africa

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Global Cosmetic Surgery and Service Market by Kind (Beauty Surgical procedure, Non-surgical Remedies), By Software (Adults, Youngsters) And By Area (North America, Latin America, Europe, Asia Pacific, and Center East & Africa), Forecast From 2022 To 2030
Global Cosmetic Surgery Products Market by Kind (Injectables, Implants, Gear, Others), By Software (Breast, Facial, Physique, Neck, Others), and Area (North America, Latin America, Europe, Asia Pacific and Center East & Africa), Forecast To 2028
Global Hair Transplantation Market by Kind (Liquid, Powder), By Software (Carbonated drinks, Confectionary Merchandise, Cosmetics, Dietary Dietary supplements, Vitality Drinks, Fruit-juice based mostly Drinks, Non-Carbonated drinks), and By Area (North America, Latin America, Europe, Asia Pacific, and Center East & Africa), Forecast From 2022 To 2030

About Development Market Stories:

Development Market Stories supplies international enterprises in addition to small & medium companies with unmatched high quality of “Market Analysis Stories” and “Business Intelligence Options”. Development Market Stories has a focused view to offer enterprise insights and consulting to help its purchasers in making strategic enterprise choices and reaching sustainable development of their respective market domains.

Our key evaluation segments, although not restricted to the identical, embody market entry methods, market dimension estimations, market development evaluation, market alternative evaluation, market menace evaluation, market development/fall forecasting, major interviews, and secondary analysis & client surveys.

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