North America Medical Tourism Market 2022-2032 by Specialty Type (Cosmetic, Cardiac, Orthopedic, Dental, Fertility, Organ Transplant, Bariatric), Tourism Type, Consumer Group, Tour Type, and Country: Trend Forecast and Growth Opportunity
May 31, 2023
GMD Research
118
PDF
North America Medical Tourism Market 2022-2032 by Specialty Type (Cosmetic, Cardiac, Orthopedic, Dental, Fertility, Organ Transplant, Bariatric), Tourism Type, Consumer Group, Tour Type, and Country: Trend Forecast and Growth Opportunity
Abstract North America medical tourism market is projected to grow by 19.9% annually in the forecast period and reach $29,251.0 million by 2032, driven by the growing healthcare expenses in developed countries, inadequate insurance benefits and a lack of healthcare insurance in the local market, increased demand for non-covered operations such as gender reassignment surgery and reproductive therapy, the rising accessibility to the most recent and technologically radical procedures of treatment, and the growing lifestyle-related disorders along with the aging population. Highlighted with 28 tables and 56 figures, this 118-page report “North America Medical Tourism Market 2022-2032 by Specialty Type (Cosmetic, Cardiac, Orthopedic, Dental, Fertility, Organ Transplant, Bariatric), Tourism Type, Consumer Group, Tour Type, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America medical tourism market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects: •Market Structure •Growth Drivers •Restraints and Challenges •Emerging Product Trends & Market Opportunities •Porter’s Fiver Forces The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America medical tourism market in every aspect of the classification from perspectives of Specialty Type, Tourism Type, Consumer Group, Tour Type, and Country.
Based on Specialty Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •Cosmetic Surgery oBreast Surgery oFace Surgery oLiposuction oOther Cosmetic Surgeries •Cardiac Surgery oCoronary Artery Bypass Surgery (CABG) oAngioplasty oOther Cardiac Surgeries •Orthopedic Treatment oKnee Replacement oHip Replacement oOther Orthopedic Treatments •Dental Treatment •Fertility Treatment •Organ Transplant oLiver Transplant oKidney Transplant oBone Marrow Transplant oOther Organ Transplants •Bariatric Surgery •Other Specialty Types
Based on Tourism Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •International Tourism •Domestic Tourism
By Consumer Group, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •Men •Women •Kids
By Tour Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •Independent Travelers •Tour Group •Package Travelers
Geographically, the following national/local markets are fully investigated: •U.S. •Canada •Mexico For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Specialty Type, Consumer Group, and Tour Type over the forecast years is also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players: Aditya Birla Memorial Hospital Anadolu Medical Center Apollo Hospital Enterprise Limited Asian Heart Institute Asklepios Kliniken GmbH and Co. KGaA Bangkok Hospital Medical Center Barbados Fertility Center Bumrungrad International Hospital Clemenceau Medical Center Fortis Healthcare Gleneagles Hospital KPJ Healthcare Berhad Prince Court Medical Center Raffles Medical Group Samitivej Plc Seoul National University Hospital UZ Leuven (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
Content Table of Contents
1 Introduction7 1.1 Industry Definition and Research Scope7 1.1.1 Industry Definition7 1.1.2 Research Scope8 1.2 Research Methodology11 1.2.1 Overview of Market Research Methodology11 1.2.2 Market Assumption12 1.2.3 Secondary Data12 1.2.4 Primary Data12 1.2.5 Data Filtration and Model Design13 1.2.6 Market Size/Share Estimation14 1.2.7 Research Limitations15 1.3 Executive Summary16 2 Market Overview and Dynamics18 2.1 Market Size and Forecast18 2.1.1 Impact of COVID-19 on World Economy19 2.1.2 Impact of COVID-19 on the Market22 2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery24 2.2 Major Growth Drivers28 2.3 Market Restraints and Challenges33 2.4 Emerging Opportunities and Market Trends36 2.5 Porter’s Fiver Forces Analysis40 3 Segmentation of North America Market by Specialty Type44 3.1 Market Overview by Specialty Type44 3.2 Cosmetic Surgery46 3.2.1 Breast Surgery51 3.2.2 Face Surgery52 3.2.3 Liposuction53 3.2.4 Other Cosmetic Surgeries54 3.3 Cardiac Surgery55 3.3.1 Coronary Artery Bypass Surgery (CABG)56 3.3.2 Angioplasty57 3.3.3 Other Cardiac Surgeries58 3.4 Orthopedic Treatment59 3.4.1 Knee Replacement60 3.4.2 Hip Replacement61 3.4.3 Other Orthopedic Treatments62 3.5 Dental Treatment63 3.6 Fertility Treatment64 3.7 Organ Transplant65 3.7.1 Liver Transplant66 3.7.2 Kidney Transplant67 3.7.3 Bone Marrow Transplant68 3.7.4 Other Organ Transplants69 3.8 Bariatric Surgery70 3.9 Other Specialty Types71 4 Segmentation of North America Market by Tourism Type72 4.1 Market Overview by Tourism Type72 4.2 International Tourism74 4.3 Domestic Tourism75 5 Segmentation of North America Market by Consumer Group76 5.1 Market Overview by Consumer Group76 5.2 Men78 5.3 Women79 5.4 Kids80 6 Segmentation of North America Market by Tour Type81 6.1 Market Overview by Tour Type81 6.2 Independent Travelers83 6.3 Tour Group84 6.4 Package Travelers85 7 North America Market 2022-2032 by Country86 7.1 Overview of North America Market86 7.2 U.S.89 7.3 Canada92 7.4 Mexico94 8 Competitive Landscape96 8.1 Overview of Key Vendors96 8.2 New Product Launch, Partnership, Investment, and M&A99 8.3 Company Profiles100 Aditya Birla Memorial Hospital100 Anadolu Medical Center102 Apollo Hospital Enterprise Limited103 Asian Heart Institute104 Asklepios Kliniken GmbH and Co. KGaA105 Bangkok Hospital Medical Center106 Barbados Fertility Center107 Bumrungrad International Hospital108 Clemenceau Medical Center109 Fortis Healthcare110 Gleneagles Hospital111 KPJ Healthcare Berhad112 Prince Court Medical Center113 Raffles Medical Group114 Samitivej Plc115 Seoul National University Hospital116 UZ Leuven117 RELATED REPORTS118
List of Tables:
Table 1. Snapshot of North America Medical Tourism Market in Balanced Perspective, 2022-203217 Table 2. World Economic Outlook, 2021-203120 Table 3. World Economic Outlook, 2021-202321 Table 4. Scenarios for Economic Impact of Ukraine Crisis25 Table 5. World Health Spending by Region, $ bn, 2013-202032 Table 6. Main Product Trends and Market Opportunities in North America Medical Tourism Market36 Table 7. North America Medical Tourism Market by Specialty Type, 2022-2032, $ mn44 Table 8. North America Medical Tourism Market: Cosmetic Surgery by Type, 2022-2032, $ mn46 Table 9. Worldwide Most Popular Cosmetic Surgeries by Type, 202249 Table 10. North America Medical Tourism Market: Cardiac Surgery by Type, 2022-2032, $ mn55 Table 11. North America Medical Tourism Market: Orthopedic Treatment by Type, 2022-2032, $ mn59 Table 12. North America Medical Tourism Market: Organ Transplant by Type, 2022-2032, $ mn65 Table 13. North America Medical Tourism Market by Tourism Type, 2022-2032, $ mn72 Table 14. North America Medical Tourism Market by Consumer Group, 2022-2032, $ mn76 Table 15. North America Medical Tourism Market by Tour Type, 2022-2032, $ mn81 Table 16. North America Medical Tourism Market by Country, 2022-2032, $ mn87 Table 17. U.S. Medical Tourism Market by Specialty Type, 2022-2032, $ mn91 Table 18. U.S. Medical Tourism Market by Consumer Group, 2022-2032, $ mn91 Table 19. U.S. Medical Tourism Market by Tour Type, 2022-2032, $ mn91 Table 20. Canada Medical Tourism Market by Specialty Type, 2022-2032, $ mn93 Table 21. Canada Medical Tourism Market by Consumer Group, 2022-2032, $ mn93 Table 22. Canada Medical Tourism Market by Tour Type, 2022-2032, $ mn93 Table 23. Mexico Medical Tourism Market by Specialty Type, 2022-2032, $ mn95 Table 24. Mexico Medical Tourism Market by Consumer Group, 2022-2032, $ mn95 Table 25. Mexico Medical Tourism Market by Tour Type, 2022-2032, $ mn95 Table 26. Aditya Birla Memorial Hospital: Company Snapshot100 Table 27. Aditya Birla Memorial Hospital: Business Segmentation101 Table 28. Aditya Birla Memorial Hospital: Product Portfolio101
North America medical tourism market is projected to grow by 19.9% annually in the forecast period and reach $29,251.0 million by 2032, driven by the growing healthcare expenses in developed countries, inadequate insurance benefits and a lack of healthcare insurance in the local market, increased demand for non-covered operations such as gender reassignment surgery and reproductive therapy, the rising accessibility to the most recent and technologically radical procedures of treatment, and the growing lifestyle-related disorders along with the aging population. Highlighted with 28 tables and 56 figures, this 118-page report “North America Medical Tourism Market 2022-2032 by Specialty Type (Cosmetic, Cardiac, Orthopedic, Dental, Fertility, Organ Transplant, Bariatric), Tourism Type, Consumer Group, Tour Type, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America medical tourism market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects: •Market Structure •Growth Drivers •Restraints and Challenges •Emerging Product Trends & Market Opportunities •Porter’s Fiver Forces The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America medical tourism market in every aspect of the classification from perspectives of Specialty Type, Tourism Type, Consumer Group, Tour Type, and Country.
Based on Specialty Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •Cosmetic Surgery oBreast Surgery oFace Surgery oLiposuction oOther Cosmetic Surgeries •Cardiac Surgery oCoronary Artery Bypass Surgery (CABG) oAngioplasty oOther Cardiac Surgeries •Orthopedic Treatment oKnee Replacement oHip Replacement oOther Orthopedic Treatments •Dental Treatment •Fertility Treatment •Organ Transplant oLiver Transplant oKidney Transplant oBone Marrow Transplant oOther Organ Transplants •Bariatric Surgery •Other Specialty Types
Based on Tourism Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •International Tourism •Domestic Tourism
By Consumer Group, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •Men •Women •Kids
By Tour Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •Independent Travelers •Tour Group •Package Travelers
Geographically, the following national/local markets are fully investigated: •U.S. •Canada •Mexico For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Specialty Type, Consumer Group, and Tour Type over the forecast years is also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players: Aditya Birla Memorial Hospital Anadolu Medical Center Apollo Hospital Enterprise Limited Asian Heart Institute Asklepios Kliniken GmbH and Co. KGaA Bangkok Hospital Medical Center Barbados Fertility Center Bumrungrad International Hospital Clemenceau Medical Center Fortis Healthcare Gleneagles Hospital KPJ Healthcare Berhad Prince Court Medical Center Raffles Medical Group Samitivej Plc Seoul National University Hospital UZ Leuven (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
Table of Contents
1 Introduction7 1.1 Industry Definition and Research Scope7 1.1.1 Industry Definition7 1.1.2 Research Scope8 1.2 Research Methodology11 1.2.1 Overview of Market Research Methodology11 1.2.2 Market Assumption12 1.2.3 Secondary Data12 1.2.4 Primary Data12 1.2.5 Data Filtration and Model Design13 1.2.6 Market Size/Share Estimation14 1.2.7 Research Limitations15 1.3 Executive Summary16 2 Market Overview and Dynamics18 2.1 Market Size and Forecast18 2.1.1 Impact of COVID-19 on World Economy19 2.1.2 Impact of COVID-19 on the Market22 2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery24 2.2 Major Growth Drivers28 2.3 Market Restraints and Challenges33 2.4 Emerging Opportunities and Market Trends36 2.5 Porter’s Fiver Forces Analysis40 3 Segmentation of North America Market by Specialty Type44 3.1 Market Overview by Specialty Type44 3.2 Cosmetic Surgery46 3.2.1 Breast Surgery51 3.2.2 Face Surgery52 3.2.3 Liposuction53 3.2.4 Other Cosmetic Surgeries54 3.3 Cardiac Surgery55 3.3.1 Coronary Artery Bypass Surgery (CABG)56 3.3.2 Angioplasty57 3.3.3 Other Cardiac Surgeries58 3.4 Orthopedic Treatment59 3.4.1 Knee Replacement60 3.4.2 Hip Replacement61 3.4.3 Other Orthopedic Treatments62 3.5 Dental Treatment63 3.6 Fertility Treatment64 3.7 Organ Transplant65 3.7.1 Liver Transplant66 3.7.2 Kidney Transplant67 3.7.3 Bone Marrow Transplant68 3.7.4 Other Organ Transplants69 3.8 Bariatric Surgery70 3.9 Other Specialty Types71 4 Segmentation of North America Market by Tourism Type72 4.1 Market Overview by Tourism Type72 4.2 International Tourism74 4.3 Domestic Tourism75 5 Segmentation of North America Market by Consumer Group76 5.1 Market Overview by Consumer Group76 5.2 Men78 5.3 Women79 5.4 Kids80 6 Segmentation of North America Market by Tour Type81 6.1 Market Overview by Tour Type81 6.2 Independent Travelers83 6.3 Tour Group84 6.4 Package Travelers85 7 North America Market 2022-2032 by Country86 7.1 Overview of North America Market86 7.2 U.S.89 7.3 Canada92 7.4 Mexico94 8 Competitive Landscape96 8.1 Overview of Key Vendors96 8.2 New Product Launch, Partnership, Investment, and M&A99 8.3 Company Profiles100 Aditya Birla Memorial Hospital100 Anadolu Medical Center102 Apollo Hospital Enterprise Limited103 Asian Heart Institute104 Asklepios Kliniken GmbH and Co. KGaA105 Bangkok Hospital Medical Center106 Barbados Fertility Center107 Bumrungrad International Hospital108 Clemenceau Medical Center109 Fortis Healthcare110 Gleneagles Hospital111 KPJ Healthcare Berhad112 Prince Court Medical Center113 Raffles Medical Group114 Samitivej Plc115 Seoul National University Hospital116 UZ Leuven117 RELATED REPORTS118
List of Tables:
Table 1. Snapshot of North America Medical Tourism Market in Balanced Perspective, 2022-203217 Table 2. World Economic Outlook, 2021-203120 Table 3. World Economic Outlook, 2021-202321 Table 4. Scenarios for Economic Impact of Ukraine Crisis25 Table 5. World Health Spending by Region, $ bn, 2013-202032 Table 6. Main Product Trends and Market Opportunities in North America Medical Tourism Market36 Table 7. North America Medical Tourism Market by Specialty Type, 2022-2032, $ mn44 Table 8. North America Medical Tourism Market: Cosmetic Surgery by Type, 2022-2032, $ mn46 Table 9. Worldwide Most Popular Cosmetic Surgeries by Type, 202249 Table 10. North America Medical Tourism Market: Cardiac Surgery by Type, 2022-2032, $ mn55 Table 11. North America Medical Tourism Market: Orthopedic Treatment by Type, 2022-2032, $ mn59 Table 12. North America Medical Tourism Market: Organ Transplant by Type, 2022-2032, $ mn65 Table 13. North America Medical Tourism Market by Tourism Type, 2022-2032, $ mn72 Table 14. North America Medical Tourism Market by Consumer Group, 2022-2032, $ mn76 Table 15. North America Medical Tourism Market by Tour Type, 2022-2032, $ mn81 Table 16. North America Medical Tourism Market by Country, 2022-2032, $ mn87 Table 17. U.S. Medical Tourism Market by Specialty Type, 2022-2032, $ mn91 Table 18. U.S. Medical Tourism Market by Consumer Group, 2022-2032, $ mn91 Table 19. U.S. Medical Tourism Market by Tour Type, 2022-2032, $ mn91 Table 20. Canada Medical Tourism Market by Specialty Type, 2022-2032, $ mn93 Table 21. Canada Medical Tourism Market by Consumer Group, 2022-2032, $ mn93 Table 22. Canada Medical Tourism Market by Tour Type, 2022-2032, $ mn93 Table 23. Mexico Medical Tourism Market by Specialty Type, 2022-2032, $ mn95 Table 24. Mexico Medical Tourism Market by Consumer Group, 2022-2032, $ mn95 Table 25. Mexico Medical Tourism Market by Tour Type, 2022-2032, $ mn95 Table 26. Aditya Birla Memorial Hospital: Company Snapshot100 Table 27. Aditya Birla Memorial Hospital: Business Segmentation101 Table 28. Aditya Birla Memorial Hospital: Product Portfolio101