Middle East and Africa Health Tourism Market – Industry Trends and Forecast to 2030

Middle East and Africa Health Tourism Market, By Service (Transport, Accommodation, Hospitality, Others), Type of Treatment (Cosmetic Treatment, Dental Treatment, Cardiovascular Treatment, Orthopaedic Treatment, Bariatric Treatment, Fertility Treatment, Cancer Treatment, Ophthalmic Treatment, Neurological Treatment, Others), Age Group (Senior Citizens, Minors, Adults), By Service Provider (Private, Public) - Industry Trends and Forecast to 2030.

Middle East and Africa Health Tourism Market Analysis and Size

Health tourism is a modified version of the healthcare industry that mainly focuses on the needs of patients traveling to international borders for complicated surgeries and medical treatments. Medical tourism is in demand among global patients especially due to low cost medical treatments in developing countries compared to developed countries is found to be very costly. Accessibility to low cost services and medical treatments from different tourism departments and local governments acts as a major factor for the growing global health tourism market.

Data Bridge Market Research analyses that the Middle East and Africa Health Tourism Market which was USD 15.00 billion in 2022, would rocket up to USD 49.50 billion by 2030, and is expected to undergo a CAGR of 34.1% during the forecast period. This indicates the market value. “Transport” dominates the service segment of the health tourism market owing to the rising globalization trends. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Middle East and Africa Health Tourism Market Scope and Segmentation

Market Definition

Health tourism is generally referred to as a travel procedure by medical patients to international borders for complicated surgeries and medical treatments as per the requirement and recommendation of doctors from the hospitals of the patient’s home country. The treatments might include medical services such as orthopedic treatment, cancer treatment, cardiac surgery, cosmetic surgery, fertility and reproductive treatments, neurosurgery, and different kinds of treatments. Medical tourism is an improvised version of healthcare systems that provides patients with medical treatment and services of high quality.

Middle East and Africa Health Tourism Market Dynamics

Drivers

Rise in globalization trend

Globalization has been a major driving factor for medical tourism, helping many consumers get the best quality and valued healthcare treatments. Thus, globalization 75% provides better health treatments and helps save expenses from 25% to 75%, especially for Americans and citizens of developed countries. Hence, the globalization trend allows consumers to get treated with low-cost and advanced treatments across international borders and is expected to drive the global health tourism market.

Rise in the demand for online medical agencies (OMA)

Most countries have developed strategies to promote digitalization in healthcare services, which creates a demand to seek the best and most valued treatment irrespective of the region; thus, collaboration with foreign organizations improves and if there is a rise in the diagnostics and surgical treatments, it will boost the demand for medical tourism. Thus, the adoption of connectivity technologies, digital platforms, and telemedicine is expected to drive market growth.

Higher probability of long waiting lists in developed countries

 The presence of long waiting lists in developed countries and the currency rate is overvalued compared to developing countries which can be another advantage for the patients in developed countries to travel to developing countries to bypass the waiting list and get treated on time at a very low price. Thus, the long waiting lists in developed countries are expected to drive the global health tourism market.

Opportunities

Furthermore, the high quality and cost effective healthcare, specialized and advanced medical services, and globalization owing to technological advancements all around the world will extend profitable opportunities for the market players in the forecast period of 2023 to 2030. Additionally, rising economic growth and the tourism industry will further expand the market's growth rate in the future. 

Restraints/Challenges

On the other hand, complications in the transfer of medical records, an upsurge in complexities due to visa management, and implications of travel restrictions are expected to obstruct market growth. Also, stringent regulatory frameworks have the potential to challenge the market’s growth. Also, the lack of favorable reimbursement scenarios and technology penetration in the developing economies, the heavy customs duty imposed on medical devices, and the lack of suitable infrastructure in low- and middle-income countries are projected to challenge the market in the forecast period of 2023-2030.

This health tourism market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the health tourism market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.

Recent Development

• In October 2021, UZ LEUVEN opened a COVID testing center in various places, especially for travelers. This has helped the company reach out to new consumers and expand the business, especially during Ontario Hockey League, organized by the GP association Khobra
• In January 2020, using Tata's new Gloheal division technology, Omnia Health reported implementing a tele diagnostics and teleradiology program. Patients and doctors from participating providers in various countries can request diagnoses and second opinions online, which reduces the costs of travel
• In March 2020, the Health Insurance Portability and Accountability Act (HIPAA) Security Requirement of the U.S. Department of Health declared the withdrawal of the penalties associated with compliance with HIPAA rules to allow the usage of tools such as FaceTime, Google Hangout, Zoom, and many others to connect with patients

Middle East and Africa Health Tourism Market Scope

The health tourism market is segmented on the basis of service, type of treatment, age group, and service provider. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Service

• Transport
• Accommodation
• Hospitality
• Others

Type of Treatment

• Cosmetic Treatment
• Dental Treatment
• Cardiovascular Treatment
• Orthopedic Treatment
• Bariatric Treatment
• Fertility Treatment
• Cancer Treatment
• Ophthalmic Treatment
• Neurological Treatment and Others

Age Group

• Senior Citizens
• Minors
• Adults

Middle East and Africa Health Tourism Market Regional Analysis/Insights

The health tourism market is analysed and market size insights and trends are provided by country, service, type of treatment, and age group as referenced above.

The countries covered in the health tourism market report are South Africa, Saudi Arabia, UAE, Egypt, Israel, and the Rest of the Middle East & Africa as a part of Middle East and Africa (MEA).

Saudi Arabia dominates the Middle East and Africa region due to an increase in the old age population and a rise in the waiting list for healthcare services.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends, and porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Middle East and Africa brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.

Healthcare Infrastructure Growth Installed base and New Technology Penetration

The health tourism market also provides you with a detailed market analysis for every country's growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the health tourism market, the impact of technology using lifeline curves, and changes in healthcare regulatory scenarios and their impact on the health tourism market. The data is available for the historic period 2010-2020.

Competitive Landscape and Middle East and Africa Market Share Analysis

The health tourism market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the companies' focus related to the health tourism market.

Some of the major players operating in the health tourism market are:

• Apollo Hospitals Enterprise Ltd.(India)
• Fortis Healthcare (India)
• KPJ Healthcare Berhad (Malaysia)
• Nippon Telegraph and Telephone East Corporation (Japan)
• Seoul National University Hospital (Korea)
• ADITYA BIRLA HEALTH SERVICES LTD. (India)
• Samitivej PCL (Thailand)
• BARBADOSIVF.COM (Barbados)
• BB Healthcare Solutions (U.K.)
• UZ LEUVEN (Belgium)
• Berkalp Co-Limited (Ireland)
• MEDIC ABROAD(U.S.)
• AMERICAN MEDICAL CARE (U.S.)
• MEDICINE PARK UNITED KINGDOM (U.K.)
• Hospital Galenia (Mexico)
• Centro Médico ABC (Mexico)
• Medica Sur (Mexico)
• AMTA Health (Peru)
• Allen Medical International (U.S.) and
• Med Tourism Co, LLC (Texas)