As per a recent Thailand medical tourism market analysis by Future Market Insights (FMI), the Thailand medical tourism market is poised to reach a valuation of US$ 5,687 Mn in 2022. Sales are projected to increase at an 18.4% CAGR through 2032.
Thailand’s medical tourism market is expected to grow at a significant rate during the forecast period. This is mainly due to the factors such as the systematic establishment of the Thailand medical tourism market, strong government support in form of friendly policies, the presence of internationally accredited hospitals, and the affordability offered for treatments.
Having the top-notch medical facilities and infrastructure present in the country helps in boosting the Thailand medical tourism market key trends and opportunities, along with skilled and qualified personnel who boast international certifications and have a trusted background of successful treatments.
The hospitality of Thailand is one of the country’s most notable features, this helps in attracting consumers to the Thailand medical tourism market which leads to the escalation of the Thailand medical tourism adoption trends.
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One of the most important factors that led to the rise of the Thailand medical tourism market was the public-private partnership working hand-in-hand to establish the Thailand medical tourism market presence across the globe.
Key Takeaways:
- Thailand remains the pioneer in the global medical tourism market due to its systematic approach while establishing the sector.
- Cosmetic and Dental Treatments are some of the most affordable and trusted procedures in Thailand, making them the prominent treatments opted for by medical tourists.
- Online bookings were the most preferred mode of bookings among the consumers in the Thailand medical tourism market share.
- Female medical tourists outnumbered the male medical tourists in the Thailand medical tourism market size.
Competitive Landscape
Key firms in the Thailand medical tourism market are focused on providing customers with a hassle-free experience. To provide customers with utmost comfort, the service providers offer end-to-end solutions for all the travel needs and accommodation. For instance:
- Thai Medical Vacation offers complete solutions on their online platform for major treatments, providing services ranging from visa, consultation appointments, and stay accommodations.
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Thailand Medical Tourism Market by Category
By Treatment Type:
- Dental Treatment
- Cosmetic Treatment
- Cardiovascular Treatment
- Orthopedic Treatment
- Neurological Treatment
- Cancer Treatment
- Fertility Treatment
- Others
By Services:
- Wellness Services
- Therapeutic Services
By Tourist Type
- Domestic
- International
By Tour Type:
- Independent Traveller
- Tour Group
- Package Traveller
By Consumer Orientation:
- Men
- Women
- Children
By Age Group:
- 15-25 Years
- 26-35 Years
- 36-45 Years
- 46-55 Years
- 66-75 Years
By Booking Channel:
- Phone Booking
- Online Booking
- In-Person Booking
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