Category: Health Services

Key drivers of the medical tourism industry include rising healthcare costs (particularly for elective and non-essential procedures), infrastructure improvements in the travel and tourism industry, decreasing costs of travel, advancements in technology, quicker access to services, medical care being unavailable in a particular country, and the rise of international accreditation agencies. The Medical Tourism Association (MTA) estimates that there are approximately 14 million people worldwide who travel abroad for medical treatment every year. While there are several factors that negatively affect the medical tourism market, such as the COVID-19 pandemic and the Russia-Ukraine war, the market is still expected to grow over the next few years.