Europe Medical Tourism Market 2023-2031 by Specialty Type (Cosmetic, Cardiac, Orthopedic, Dental, Fertility, Organ Transplant, Bariatric), Tourism Type, Consumer Group, Tour Type, and Country: Trend Forecast and Growth Opportunity
- Report ID: 57530
- Date: May, 2023
- Pages: 120
- Category: Healthcare & Pharmaceuticals
Europe medical tourism market was valued at $2,159.4 million in 2021 and will grow by 22.5% annually over 2021-2031, 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 36 tables and 60 figures, this 120-page report “Europe Medical Tourism Market 2021-2031 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 Europe 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 2019-2021 and provides forecast from 2023 till 2031 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 Europe 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 Europe 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 Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2031 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 Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2031 included in each section.
• International Tourism
• Domestic Tourism
By Consumer Group, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2031 included in each section.
• Men
• Women
• Kids
By Tour Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2031 included in each section.
• Independent Travelers
• Tour Group
• Package Travelers
Geographically, the following national/local markets are fully investigated:
• Poland
• UK
• France
• Spain
• Greece
• Hungary
• Rest of Europe (further segmented into Germany, Switzerland, Netherlands, Italy, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2023-2031. The breakdown of national markets by Specialty Type, Tourism Type and Consumer Group over the forecast years are also included.
The report also covers 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 22
2.2 Major Growth Drivers 24
2.3 Market Restraints and Challenges 29
2.4 Emerging Opportunities and Market Trends 32
2.5 Porter’s Fiver Forces Analysis 36
3 Segmentation of Europe Market by Specialty Type 40
3.1 Market Overview by Specialty Type 40
3.2 Cosmetic Surgery 42
3.2.1 Breast Surgery 46
3.2.2 Face Surgery 47
3.2.3 Liposuction 48
3.2.4 Other Cosmetic Surgeries 49
3.3 Cardiac Surgery 50
3.3.1 Coronary Artery Bypass Surgery (CABG) 51
3.3.2 Angioplasty 52
3.3.3 Other Cardiac Surgeries 53
3.4 Orthopedic Treatment 54
3.4.1 Knee Replacement 55
3.4.2 Hip Replacement 56
3.4.3 Other Orthopedic Treatments 57
3.5 Dental Treatment 58
3.6 Fertility Treatment 59
3.7 Organ Transplant 60
3.7.1 Liver Transplant 61
3.7.2 Kidney Transplant 62
3.7.3 Bone Marrow Transplant 63
3.7.4 Other Organ Transplants 64
3.8 Bariatric Surgery 65
3.9 Other Specialty Types 66
4 Segmentation of Europe Market by Tourism Type 67
4.1 Market Overview by Tourism Type 67
4.2 International Tourism 69
4.3 Domestic Tourism 70
5 Segmentation of Europe Market by Consumer Group 71
5.1 Market Overview by Consumer Group 71
5.2 Men 73
5.3 Women 74
5.4 Kids 75
6 Segmentation of Europe Market by Tour Type 76
6.1 Market Overview by Tour Type 76
6.2 Independent Travelers 78
6.3 Tour Group 79
6.4 Package Travelers 80
7 European Market 2021-2031 by Country 81
7.1 Overview of European Market 81
7.2 Poland 84
7.3 U.K. 86
7.4 France 88
7.5 Spain 90
7.6 Greece 92
7.7 Hungary 94
7.8 Rest of European Market 96
8 Competitive Landscape 98
8.1 Overview of Key Vendors 98
8.2 New Product Launch, Partnership, Investment, and M&A 101
8.3 Company Profiles 102
Aditya Birla Memorial Hospital 102
Anadolu Medical Center 104
Apollo Hospital Enterprise Limited 105
Asian Heart Institute 106
Asklepios Kliniken GmbH and Co. KGaA 107
Bangkok Hospital Medical Center 108
Barbados Fertility Center 109
Bumrungrad International Hospital 110
Clemenceau Medical Center 111
Fortis Healthcare 112
Gleneagles Hospital 113
KPJ Healthcare Berhad 114
Prince Court Medical Center 115
Raffles Medical Group 116
Samitivej Plc 117
Seoul National University Hospital 118
UZ Leuven 119
RELATED REPORTS 120
List of Tables
List of Tables:
Table 1. Snapshot of Europe Medical Tourism Market in Balanced Perspective, 2021-2031 17
Table 2. World Economic Outlook, 2021-2031 21
Table 3. World Health Spending by Region, $ bn, 2013-2020 28
Table 4. Main Product Trends and Market Opportunities in Europe Medical Tourism Market 32
Table 5. Europe Medical Tourism Market by Specialty Type, 2021-2031, $ mn 40
Table 6. Europe Medical Tourism Market: Cosmetic Surgery by Type, 2021-2031, $ mn 42
Table 7. Worldwide Most Popular Cosmetic Surgeries by Type, 2022 44
Table 8. Europe Medical Tourism Market: Cardiac Surgery by Type, 2021-2031, $ mn 50
Table 9. Europe Medical Tourism Market: Orthopedic Treatment by Type, 2021-2031, $ mn 54
Table 10. Europe Medical Tourism Market: Organ Transplant by Type, 2021-2031, $ mn 60
Table 11. Europe Medical Tourism Market by Tourism Type, 2021-2031, $ mn 67
Table 12. Europe Medical Tourism Market by Consumer Group, 2021-2031, $ mn 71
Table 13. Europe Medical Tourism Market by Tour Type, 2021-2031, $ mn 76
Table 14. Europe Medical Tourism Market by Country, 2021-2031, $ mn 83
Table 15. Poland Medical Tourism Market by Specialty Type, 2021-2031, $ mn 85
Table 16. Poland Medical Tourism Market by Tourism Type, 2021-2031, $ mn 85
Table 17. Poland Medical Tourism Market by Consumer Group, 2021-2031, $ mn 85
Table 18. U.K. Medical Tourism Market by Specialty Type, 2021-2031, $ mn 87
Table 19. U.K. Medical Tourism Market by Tourism Type, 2021-2031, $ mn 87
Table 20. U.K. Medical Tourism Market by Consumer Group, 2021-2031, $ mn 87
Table 21. France Medical Tourism Market by Specialty Type, 2021-2031, $ mn 89
Table 22. France Medical Tourism Market by Tourism Type, 2021-2031, $ mn 89
Table 23. France Medical Tourism Market by Consumer Group, 2021-2031, $ mn 89
Table 24. Spain Medical Tourism Market by Specialty Type, 2021-2031, $ mn 91
Table 25. Spain Medical Tourism Market by Tourism Type, 2021-2031, $ mn 91
Table 26. Spain Medical Tourism Market by Consumer Group, 2021-2031, $ mn 91
Table 27. Greece Medical Tourism Market by Specialty Type, 2021-2031, $ mn 93
Table 28. Greece Medical Tourism Market by Tourism Type, 2021-2031, $ mn 93
Table 29. Greece Medical Tourism Market by Consumer Group, 2021-2031, $ mn 93
Table 30. Hungary Medical Tourism Market by Specialty Type, 2021-2031, $ mn 95
Table 31. Hungary Medical Tourism Market by Tourism Type, 2021-2031, $ mn 95
Table 32. Hungary Medical Tourism Market by Consumer Group, 2021-2031, $ mn 95
Table 33. Medical Tourism Market in Rest of Europe by Country, 2021-2031, $ mn 97
Table 34. Aditya Birla Memorial Hospital: Company Snapshot 102
Table 35. Aditya Birla Memorial Hospital: Business Segmentation 103
Table 36. Aditya Birla Memorial Hospital: Product Portfolio 103
List of Figures
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. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031 16
Figure 4. Europe Medical Tourism Market, 2021-2031, $ mn 19
Figure 5. Impact of COVID-19 on Business 22
Figure 6. Primary Drivers and Impact Factors of Europe Medical Tourism Market 24
Figure 7. Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million 27
Figure 8. World Population 65 and Over, % of Total Population, 1950-2060 27
Figure 9. Primary Restraints and Impact Factors of Europe Medical Tourism Market 29
Figure 10. Investment Opportunity Analysis 33
Figure 11. Porter’s Fiver Forces Analysis of Europe Medical Tourism Market 36
Figure 12. Breakdown of Europe Medical Tourism Market by Specialty Type, 2021-2031, % of Revenue 41
Figure 13. Europe Addressable Market Cap in 2022-2031 by Specialty Type, Value ($ mn) and Share (%) 41
Figure 14. Europe Medical Tourism Market by Specialty Type: Cosmetic Surgery, 2021-2031, $ mn 42
Figure 15. Most Popular Cosmetic Treatments by Monthly Online Searches 43
Figure 16. Europe Medical Tourism Market by Cosmetic Surgery: Breast Surgery, 2021-2031, $ mn 46
Figure 17. Europe Medical Tourism Market by Cosmetic Surgery: Face Surgery, 2021-2031, $ mn 47
Figure 18. Europe Medical Tourism Market by Cosmetic Surgery: Liposuction, 2021-2031, $ mn 48
Figure 19. Europe Medical Tourism Market by Cosmetic Surgery: Other Cosmetic Surgeries, 2021-2031, $ mn 49
Figure 20. Europe Medical Tourism Market by Specialty Type: Cardiac Surgery, 2021-2031, $ mn 50
Figure 21. Europe Medical Tourism Market by Cardiac Surgery: Coronary Artery Bypass Surgery (CABG), 2021-2031, $ mn 51
Figure 22. Europe Medical Tourism Market by Cardiac Surgery: Angioplasty, 2021-2031, $ mn 52
Figure 23. Europe Medical Tourism Market by Cardiac Surgery: Other Cardiac Surgeries, 2021-2031, $ mn 53
Figure 24. Europe Medical Tourism Market by Specialty Type: Orthopedic Treatment, 2021-2031, $ mn 54
Figure 25. Europe Medical Tourism Market by Orthopedic Treatment: Knee Replacement, 2021-2031, $ mn 55
Figure 26. Europe Medical Tourism Market by Orthopedic Treatment: Hip Replacement, 2021-2031, $ mn 56
Figure 27. Europe Medical Tourism Market by Orthopedic Treatment: Other Orthopedic Treatments, 2021-2031, $ mn 57
Figure 28. Europe Medical Tourism Market by Specialty Type: Dental Treatment, 2021-2031, $ mn 58
Figure 29. Europe Medical Tourism Market by Specialty Type: Fertility Treatment, 2021-2031, $ mn 59
Figure 30. Europe Medical Tourism Market by Specialty Type: Organ Transplant, 2021-2031, $ mn 60
Figure 31. Europe Medical Tourism Market by Organ Transplant: Liver Transplant, 2021-2031, $ mn 61
Figure 32. Europe Medical Tourism Market by Organ Transplant: Kidney Transplant, 2021-2031, $ mn 62
Figure 33. Europe Medical Tourism Market by Organ Transplant: Bone Marrow Transplant, 2021-2031, $ mn 63
Figure 34. Europe Medical Tourism Market by Organ Transplant: Other Organ Transplants, 2021-2031, $ mn 64
Figure 35. Europe Medical Tourism Market by Specialty Type: Bariatric Surgery, 2021-2031, $ mn 65
Figure 36. Europe Medical Tourism Market by Specialty Type: Other Specialty Types, 2021-2031, $ mn 66
Figure 37. Breakdown of Europe Medical Tourism Market by Tourism Type, 2021-2031, % of Sales Revenue 68
Figure 38. Europe Addressable Market Cap in 2022-2031 by Tourism Type, Value ($ mn) and Share (%) 68
Figure 39. Europe Medical Tourism Market by Tourism Type: International Tourism, 2021-2031, $ mn 69
Figure 40. Europe Medical Tourism Market by Tourism Type: Domestic Tourism, 2021-2031, $ mn 70
Figure 41. Breakdown of Europe Medical Tourism Market by Consumer Group, 2021-2031, % of Sales Revenue 72
Figure 42. Europe Addressable Market Cap in 2022-2031 by Consumer Group, Value ($ mn) and Share (%) 72
Figure 43. Europe Medical Tourism Market by Consumer Group: Men, 2021-2031, $ mn 73
Figure 44. Europe Medical Tourism Market by Consumer Group: Women, 2021-2031, $ mn 74
Figure 45. Europe Medical Tourism Market by Consumer Group: Kids, 2021-2031, $ mn 75
Figure 46. Breakdown of Europe Medical Tourism Market by Tour Type, 2021-2031, % of Revenue 77
Figure 47. Europe Addressable Market Cap in 2022-2031 by Tour Type, Value ($ mn) and Share (%) 77
Figure 48. Europe Medical Tourism Market by Tour Type: Independent Travelers, 2021-2031, $ mn 78
Figure 49. Europe Medical Tourism Market by Tour Type: Tour Group, 2021-2031, $ mn 79
Figure 50. Europe Medical Tourism Market by Tour Type: Package Travelers, 2021-2031, $ mn 80
Figure 51. Breakdown of European Medical Tourism Market by Country, 2021 and 2031, % of Revenue 82
Figure 52. Contribution to Europe 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 83
Figure 53. Medical Tourism Market in Poland, 2021-2031, $ mn 84
Figure 54. Medical Tourism Market in U.K., 2021-2031, $ mn 86
Figure 55. Medical Tourism Market in France, 2021-2031, $ mn 88
Figure 56. Medical Tourism Market in Spain, 2021-2031, $ mn 90
Figure 57. Medical Tourism Market in Greece, 2021-2031, $ mn 92
Figure 58. Medical Tourism Market in Hungary, 2021-2031, $ mn 94
Figure 59. Medical Tourism Market in Rest of Europe, 2021-2031, $ mn 96
Figure 60. Growth Stage of Europe Medical Tourism Industry over the Forecast Period 98
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
Qualitative Research:
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
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