According to the research report titled ‘Medical Tourism Market Share, Size, Trends, Industry Analysis Report By Treatment Type; By Regions, Segment Forecast, 2020 – 2026’, available with Market Study Report, global medical tourism market is expected to be valued at USD 125.8 billion by the year 2026.
 

Increasing number of medical travelers along with focus among major companies towards adopting smooth operations are some of the major factors driving the growth of global medical tourism market. Mounting number of individuals travelling for medical purposes owing to availability of affordable and high-quality healthcare services are also aiding towards the market expansion.
 

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Despite these several growth stimulants, complexities associated with patient follow-up and concerns over post-surgical snags could potentially hamper the remuneration scale of global medical tourism market.
 

As per treatment type, the market is segmented into dentistry treatment, cosmetic treatment, neurological treatment, cardiovascular treatment, and orthopedic treatment. The report states that orthopedic treatment segment accounted for the highest share in global medical tourism market and is likely to record consistent growth in the ensuing years.
 

From the regional point of view, Asia-Pacific captured the largest market share and is expected to continue with its dominance in the subsequent years, with India standing tall in terms of revenue hierarchy. Improving healthcare infrastructure, growing demand for advanced medical services, and availability of affordable treatment options are facilitating the business outlook in Asia-Pacific.
 

Brazil, on the other hand, is also estimated to emerge as one of the prominent revenue generators for global medical tourism market, followed closely by Turkey.
 

The competitive landscape of global medical tourism market is defined by companies such as Bumrungrad International Hospital, Fortis Healthcare Limited, KPJ Healthcare Berhad, Raffles Medical Group, Prince Court Medical Center, Apollo Hospitals Enterprise Limited, and Samitivej PCL among others.