Medical Tourism Market Worth USD 77.30 Billion by 2027 at 20.5% CAGR - Report by Market Research Fut

Anand949521 Mar, 2023Health

Medical tourism has various benefits to offer, some of which include advanced technologies, better healthcare, innovative drugs and medicines, personalized care and superior hospitality, all of which are anticipated to bolster the market demand. Lack of insurance benefits in local regions and the soaring demand for procedures that do not fall under the insurance such as fertility treatment, gender reassignment operations, cosmetic surgery and dental reconstruction can foster the market growth for medical tourism as well. Intense efforts in the form of agreements, acquisitions and mergers by the top market participants with the aim to bolster their global position also help induce significant expansion.