Product ID: SQMIG35E2018
Report ID:
SQMIG35E2018 |
Region:
Global |
Published Date: April, 2024
Pages:
157
|
Tables:
41 |
Figures:
74
Medical Tourism Market size was valued at USD 17.35 billion in 2019 and is poised to grow from USD 21.42 billion in 2023 to USD 93.9 billion by 2031, growing at a CAGR of 23.5% in the forecast period (2024-2031).
Medical tourism is defined as organized travel across international borders to avail of advanced medical treatment options. Medical tourists travel across international borders to maintain, improve, or restore their health by using low-cost healthcare facilities and treatments accessible in other nations that are costly in their home country. Medical tourists travel to receive treatments such as dental care, neurological care, and cardiovascular care among many other treatment options.
Better healthcare, cutting-edge technology, breakthrough medicines, sophisticated devices, improved hospitality, and individualized care are some key features offered by medical tourism. Inadequate insurance benefits and a lack of healthcare insurance in the local market are two factors that are likely to encourage market growth. In addition, the rising demand for non-covered procedures such as gender reassignment surgery, reproductive therapy, dental reconstruction, and aesthetic surgery also encourages industry growth.
US Medical Tourism Market is poised to grow at a sustainable CAGR for the next forecast year.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONMedical Tourism Market size was valued at USD 17.35 billion in 2019 and is poised to grow from USD 21.42 billion in 2023 to USD 93.9 billion by 2031, growing at a CAGR of 23.5% in the forecast period (2024-2031).
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Product ID: SQMIG35E2018