https://www.fortunebusinessinsights.com/industry-reports/medical-tourism-market-100681

Medical Tourism Market Analysis 2032: Role
of Telehealth in Post-Op Follow-Ups
The medical tourism market involves patients traveling internationally to receive medical care, often for
procedures like surgeries, dental treatments, fertility services, and cosmetic enhancements. Key motivations
include lower treatment costs, reduced waiting times, and access to high-quality healthcare facilities abroad.
Countries in Asia, Eastern Europe, and Latin America have become popular destinations due to their
affordable pricing and growing reputation for specialized care. The rise of digital health platforms,
teleconsultations, and global accreditation standards has further boosted patient confidence. As healthcare
costs continue to rise in developed nations, the demand for medical tourism is expected to grow steadily
worldwide.
According to Fortune Business Insights, the global medical tourism market was valued at USD 31.23 billion
in 2024. The market is projected to grow from USD 38.20 billion in 2025 to USD 162.80 billion by 2032,
exhibiting a CAGR of 23.0% during the forecast period. In 2024, Europe dominated the medical tourism
market with a market share of 36.41%.
Top Companies Leading the Charge
 Bumrungrad International Hospital (Thailand)
 Apollo Hospitals Group (India)
 Bangkok Chain Hospital Public Company Limited (Thailand)
 Fortis Healthcare (India)
 Asian Heart Institute (India)
 KPJ Healthcare (Malaysia)
 Gleneagles Hospitals (India)
 Livonta Global (India)
Key Industry Development – October 2024
In October 2024, KPJ Healthcare partnered with Malaysia International Healthcare to host the “Malaysia
International Healthcare Megatrends 2024” event. Held at the Kuala Lumpur Convention Centre, the event
showcased cutting-edge medical technologies and healthcare solutions, demonstrating KPJ’s innovation
leadership.