Medical Tourism Market Growth, Drivers & Opportunities

Medical tourism refers to the practice of patients traveling from their home countries to different locations for medical treatment. This encompasses a wide range of services, including advanced procedures such as cardiac surgery, orthopedics, neurosurgery, and dental care, as well as elective procedures like cosmetic surgeries and routine physical examinations. The medical tourism sector is experiencing significant growth, largely driven by the rising healthcare costs in developed nations and the availability of more affordable treatment options in developing countries. Additionally, the emergence of medical tourism insurance is further fueling this trend, as patients seek to mitigate the financial burden of high healthcare expenses in their home countries.