Asia Pacific Medical Tourism Market 2022-2032 by Specialty Type (Cosmetic, Cardiac, Orthopedic, Dental, Fertility, Organ Transplant, Bariatric), Tourism Type, Consumer Group, Tour

Asia Pacific medical tourism market will grow by 16.8% annually with a total addressable market cap of $774,464.3 million over 2023-2032, 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 38 tables and 60 figures, this 128-page report “Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. 

• Cosmetic Surgery

o Breast Surgery

o Face Surgery

o Liposuction

o Other Cosmetic Surgeries

• Cardiac Surgery

o Coronary Artery Bypass Surgery (CABG)

o Angioplasty

o Other Cardiac Surgeries

• Orthopedic Treatment

o Knee Replacement

o Hip Replacement

o Other Orthopedic Treatments

• Dental Treatment

• Fertility Treatment

• Organ Transplant

o Liver Transplant

o Kidney Transplant

o Bone Marrow Transplant

o Other Organ Transplants

• Bariatric Surgery

• Other Specialty Types

 

Based on Tourism Type, the Asia Pacific 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 Asia Pacific 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 Asia Pacific 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:

• Japan

• China

• Thailand

• India

• Singapore

• Rest of APAC (further segmented into Malaysia, Australia, Indonesia, South Korea, New Zealand, Vietnam, Taiwan, and Philippines)

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.)

 

1 Introduction 7

1.1 Industry Definition and Research Scope 7

1.1.1 Industry Definition 7

1.1.2 Research Scope 8

1.2 Research Methodology 11

1.2.1 Overview of Market Research Methodology 11

1.2.2 Market Assumption 12

1.2.3 Secondary Data 12

1.2.4 Primary Data 12

1.2.5 Data Filtration and Model Design 13

1.2.6 Market Size/Share Estimation 14

1.2.7 Research Limitations 15

1.3 Executive Summary 16

2 Market Overview and Dynamics 19

2.1 Market Size and Forecast 19

2.1.1 Impact of COVID-19 on World Economy 20

2.1.2 Impact of COVID-19 on the Market 23

2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 25

2.2 Major Growth Drivers 29

2.3 Market Restraints and Challenges 34

2.4 Emerging Opportunities and Market Trends 37

2.5 Porter’s Fiver Forces Analysis 41

3 Segmentation of Asia Pacific Market by Specialty Type 45

3.1 Market Overview by Specialty Type 45

3.2 Cosmetic Surgery 47

3.2.1 Breast Surgery 52

3.2.2 Face Surgery 53

3.2.3 Liposuction 54

3.2.4 Other Cosmetic Surgeries 55

3.3 Cardiac Surgery 56

3.3.1 Coronary Artery Bypass Surgery (CABG) 57

3.3.2 Angioplasty 58

3.3.3 Other Cardiac Surgeries 59

3.4 Orthopedic Treatment 60

3.4.1 Knee Replacement 61

3.4.2 Hip Replacement 62

3.4.3 Other Orthopedic Treatments 63

3.5 Dental Treatment 64

3.6 Fertility Treatment 65

3.7 Organ Transplant 66

3.7.1 Liver Transplant 67

3.7.2 Kidney Transplant 68

3.7.3 Bone Marrow Transplant 69

3.7.4 Other Organ Transplants 70

3.8 Bariatric Surgery 71

3.9 Other Specialty Types 72

4 Segmentation of Asia Pacific Market by Tourism Type 73

4.1 Market Overview by Tourism Type 73

4.2 International Tourism 75

4.3 Domestic Tourism 76

5 Segmentation of Asia Pacific Market by Consumer Group 77

5.1 Market Overview by Consumer Group 77

5.2 Men 79

5.3 Women 80

5.4 Kids 81

6 Segmentation of Asia Pacific Market by Tour Type 82

6.1 Market Overview by Tour Type 82

6.2 Independent Travelers 84

6.3 Tour Group 85

6.4 Package Travelers 86

7 Asia-Pacific Market 2022-2032 by Country 87

7.1 Overview of Asia-Pacific Market 87

7.2 Japan 90

7.3 China 93

7.4 Thailand 96

7.5 India 98

7.6 Singapore 100

7.7 Indonesia 102

7.8 Rest of APAC Region 104

8 Competitive Landscape 106

8.1 Overview of Key Vendors 106

8.2 New Product Launch, Partnership, Investment, and M&A 109

8.3 Company Profiles 110

Aditya Birla Memorial Hospital 110

Anadolu Medical Center 112

Apollo Hospital Enterprise Limited 113

Asian Heart Institute 114

Asklepios Kliniken GmbH and Co. KGaA 115

Bangkok Hospital Medical Center 116

Barbados Fertility Center 117

Bumrungrad International Hospital 118

Clemenceau Medical Center 119

Fortis Healthcare 120

Gleneagles Hospital 121

KPJ Healthcare Berhad 122

Prince Court Medical Center 123

Raffles Medical Group 124

Samitivej Plc 125

Seoul National University Hospital 126

UZ Leuven 127

RELATED REPORTS 128

 

List of Tables:

 

Table 1.  Snapshot of Asia Pacific Medical Tourism Market in Balanced Perspective, 2022-2032 17

Table 2. World Economic Outlook, 2021-2031 21

Table 3. World Economic Outlook, 2021-2023 22

Table 4. Scenarios for Economic Impact of Ukraine Crisis 26

Table 5. World Health Spending by Region, $ bn, 2013-2020 33

Table 6.  Main Product Trends and Market Opportunities in Asia Pacific Medical Tourism Market 37

Table 7. Asia Pacific Medical Tourism Market by Specialty Type, 2022-2032, $ mn 45

Table 8. Asia Pacific Medical Tourism Market: Cosmetic Surgery by Type, 2022-2032, $ mn 47

Table 9. Worldwide Most Popular Cosmetic Surgeries by Type, 2022 50

Table 10. Asia Pacific Medical Tourism Market: Cardiac Surgery by Type, 2022-2032, $ mn 56

Table 11. Asia Pacific Medical Tourism Market: Orthopedic Treatment by Type, 2022-2032, $ mn 60

Table 12. Asia Pacific Medical Tourism Market: Organ Transplant by Type, 2022-2032, $ mn 66

Table 13. Asia Pacific Medical Tourism Market by Tourism Type, 2022-2032, $ mn 73

Table 14. Asia Pacific Medical Tourism Market by Consumer Group, 2022-2032, $ mn 77

Table 15. Asia Pacific Medical Tourism Market by Tour Type, 2022-2032, $ mn 82

Table 16. APAC Medical Tourism Market by Country, 2022-2032, $ mn 88

Table 17. Japan Medical Tourism Market by Specialty Type, 2022-2032, $ mn 92

Table 18. Japan Medical Tourism Market by Consumer Group, 2022-2032, $ mn 92

Table 19. Japan Medical Tourism Market by Tour Type, 2022-2032, $ mn 92

Table 20. China Medical Tourism Market by Specialty Type, 2022-2032, $ mn 94

Table 21. China Medical Tourism Market by Consumer Group, 2022-2032, $ mn 94

Table 22. China Medical Tourism Market by Tour Type, 2022-2032, $ mn 94

Table 23. Thailand Medical Tourism Market by Specialty Type, 2022-2032, $ mn 97

Table 24. Thailand Medical Tourism Market by Consumer Group, 2022-2032, $ mn 97

Table 25. Thailand Medical Tourism Market by Tour Type, 2022-2032, $ mn 97

Table 26. India Medical Tourism Market by Specialty Type, 2022-2032, $ mn 99

Table 27. India Medical Tourism Market by Consumer Group, 2022-2032, $ mn 99

Table 28. India Medical Tourism Market by Tour Type, 2022-2032, $ mn 99

Table 29. Singapore Medical Tourism Market by Specialty Type, 2022-2032, $ mn 101

Table 30. Singapore Medical Tourism Market by Consumer Group, 2022-2032, $ mn 101

Table 31. Singapore Medical Tourism Market by Tour Type, 2022-2032, $ mn 101

Table 32. Indonesia Medical Tourism Market by Specialty Type, 2022-2032, $ mn 103

Table 33. Indonesia Medical Tourism Market by Consumer Group, 2022-2032, $ mn 103

Table 34. Indonesia Medical Tourism Market by Tour Type, 2022-2032, $ mn 103

Table 35. Medical Tourism Market in Rest of APAC by Country/Region, 2022-2032, $ mn 105

Table 36. Aditya Birla Memorial Hospital: Company Snapshot 110

Table 37. Aditya Birla Memorial Hospital: Business Segmentation 111

Table 38. Aditya Birla Memorial Hospital: Product Portfolio 111

 

 

 

 

 

List of Figures:

 

Figure 1. Research Method Flow Chart 11

Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14

Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 16

Figure 4. Asia Pacific Medical Tourism Market, 2022-2032, $ mn 19

Figure 5. Impact of COVID-19 on Business 23

Figure 6. Primary Drivers and Impact Factors of Asia Pacific Medical Tourism Market 29

Figure 7.  Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million 32

Figure 8. World Population 65 and Over, % of Total Population, 1950-2060 32

Figure 9. Primary Restraints and Impact Factors of Asia Pacific Medical Tourism Market 34

Figure 10. Investment Opportunity Analysis 38

Figure 11. Porter’s Fiver Forces Analysis of Asia Pacific Medical Tourism Market 41

Figure 12. Breakdown of Asia Pacific Medical Tourism Market by Specialty Type, 2022-2032, % of Revenue 46

Figure 13. Asia Pacific Addressable Market Cap in 2023-2032 by Specialty Type, Value ($ mn) and Share (%) 46

Figure 14. Asia Pacific Medical Tourism Market by Specialty Type: Cosmetic Surgery, 2022-2032, $ mn 47

Figure 15. Most Popular Cosmetic Treatments by Monthly Online Searches 49

Figure 16. Asia Pacific Medical Tourism Market by Cosmetic Surgery: Breast Surgery, 2022-2032, $ mn 52

Figure 17. Asia Pacific Medical Tourism Market by Cosmetic Surgery: Face Surgery, 2022-2032, $ mn 53

Figure 18. Asia Pacific Medical Tourism Market by Cosmetic Surgery: Liposuction, 2022-2032, $ mn 54

Figure 19. Asia Pacific Medical Tourism Market by Cosmetic Surgery: Other Cosmetic Surgeries, 2022-2032, $ mn 55

Figure 20. Asia Pacific Medical Tourism Market by Specialty Type: Cardiac Surgery, 2022-2032, $ mn 56

Figure 21. Asia Pacific Medical Tourism Market by Cardiac Surgery: Coronary Artery Bypass Surgery (CABG), 2022-2032, $ mn 57

Figure 22. Asia Pacific Medical Tourism Market by Cardiac Surgery: Angioplasty, 2022-2032, $ mn 58

Figure 23. Asia Pacific Medical Tourism Market by Cardiac Surgery: Other Cardiac Surgeries, 2022-2032, $ mn 59

Figure 24. Asia Pacific Medical Tourism Market by Specialty Type: Orthopedic Treatment, 2022-2032, $ mn 60

Figure 25. Asia Pacific Medical Tourism Market by Orthopedic Treatment: Knee Replacement, 2022-2032, $ mn 61

Figure 26. Asia Pacific Medical Tourism Market by Orthopedic Treatment: Hip Replacement, 2022-2032, $ mn 62

Figure 27. Asia Pacific Medical Tourism Market by Orthopedic Treatment: Other Orthopedic Treatments, 2022-2032, $ mn 63

Figure 28. Asia Pacific Medical Tourism Market by Specialty Type: Dental Treatment, 2022-2032, $ mn 64

Figure 29. Asia Pacific Medical Tourism Market by Specialty Type: Fertility Treatment, 2022-2032, $ mn 65

Figure 30. Asia Pacific Medical Tourism Market by Specialty Type: Organ Transplant, 2022-2032, $ mn 66

Figure 31. Asia Pacific Medical Tourism Market by Organ Transplant: Liver Transplant, 2022-2032, $ mn 67

Figure 32. Asia Pacific Medical Tourism Market by Organ Transplant: Kidney Transplant, 2022-2032, $ mn 68

Figure 33. Asia Pacific Medical Tourism Market by Organ Transplant: Bone Marrow Transplant, 2022-2032, $ mn 69

Figure 34. Asia Pacific Medical Tourism Market by Organ Transplant: Other Organ Transplants, 2022-2032, $ mn 70

Figure 35. Asia Pacific Medical Tourism Market by Specialty Type: Bariatric Surgery, 2022-2032, $ mn 71

Figure 36. Asia Pacific Medical Tourism Market by Specialty Type: Other Specialty Types, 2022-2032, $ mn 72

Figure 37. Breakdown of Asia Pacific Medical Tourism Market by Tourism Type, 2022-2032, % of Sales Revenue 74

Figure 38. Asia Pacific Addressable Market Cap in 2023-2032 by Tourism Type, Value ($ mn) and Share (%) 74

Figure 39. Asia Pacific Medical Tourism Market by Tourism Type: International Tourism, 2022-2032, $ mn 75

Figure 40. Asia Pacific Medical Tourism Market by Tourism Type: Domestic Tourism, 2022-2032, $ mn 76

Figure 41. Breakdown of Asia Pacific Medical Tourism Market by Consumer Group, 2022-2032, % of Sales Revenue 78

Figure 42. Asia Pacific Addressable Market Cap in 2023-2032 by Consumer Group, Value ($ mn) and Share (%) 78

Figure 43. Asia Pacific Medical Tourism Market by Consumer Group: Men, 2022-2032, $ mn 79

Figure 44. Asia Pacific Medical Tourism Market by Consumer Group: Women, 2022-2032, $ mn 80

Figure 45. Asia Pacific Medical Tourism Market by Consumer Group: Kids, 2022-2032, $ mn 81

Figure 46. Breakdown of Asia Pacific Medical Tourism Market by Tour Type, 2022-2032, % of Revenue 83

Figure 47. Asia Pacific Addressable Market Cap in 2023-2032 by Tour Type, Value ($ mn) and Share (%) 83

Figure 48. Asia Pacific Medical Tourism Market by Tour Type: Independent Travelers, 2022-2032, $ mn 84

Figure 49. Asia Pacific Medical Tourism Market by Tour Type: Tour Group, 2022-2032, $ mn 85

Figure 50. Asia Pacific Medical Tourism Market by Tour Type: Package Travelers, 2022-2032, $ mn 86

Figure 51. Breakdown of APAC Medical Tourism Market by Country, 2022 and 2032, % of Revenue 88

Figure 52. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 89

Figure 53.  Medical Tourism Market in Japan, 2022-2032, $ mn 91

Figure 54.  Medical Tourism Market in China, 2022-2032, $ mn 93

Figure 55.  Medical Tourism Market in Thailand, 2022-2032, $ mn 96

Figure 56.  Medical Tourism Market in India, 2022-2032, $ mn 98

Figure 57.  Medical Tourism Market in Singapore, 2022-2032, $ mn 100

Figure 58.  Medical Tourism Market in Indonesia, 2022-2032, $ mn 102

Figure 59.  Medical Tourism Market in Rest of APAC, 2022-2032, $ mn 104

Figure 60. Growth Stage of Asia Pacific Medical Tourism Industry over the Forecast Period 106