The France medical tourism market is projected to reach a valuation of US$ 4,592 Mn in 2022. Sales are projected to increase at a CAGR of 8.5% through 2032.
Over the years, medical tourism in France has been rising due to presence of highly developed medical facilities and technologies. Patients opt for tretaments due to the fact that many medical procedures or operations are expensive and are not easily available in their native places.
Availability of advanced bariatric surgery, dental treatment, and high-quality cosmetic operations is creating conducive environment for the market players in France. The nation, which had previously prohibited medical travel, revived the industry in 2015 by transforming up to 40 facilities, including the American Hospital of Paris and Gustave Roussy Cancer Center, into world-class referral centers for patients from outside.
Some of the important factors that have contributed to the expansion of the medical tourism business are decreased airfare, rising incomes in developing countries, and rising need for high-quality healthcare. The companies engaged in the area will profit from this, together with the French government’s goal of promoting the medical tourism industry.
“France medical tourism business will benefit from the improved healthcare infrastructure, effectiveness, comfort, and personalized care.” – Says an FMI analyst.
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Key Takeaways:
- By treatment type, demand will remain high for orthopedic and cancer treatments in France tourism market during the forecast period.
- Based on services, the therpeautics services segment will be most remunerative in the France medical tourism market through 2032.
- By tour type, packaged traveller segment is likley to hold the largest revenue share of the France medical tourism market in 2032.
- In terms of age group, 46 and 55 category is most likely to travel to France for medical tourism treatments over the assessment
- Online booking remains the most preferrd booking channel by medical tourists.
Who is Winning?
Leading companies in the French medical tourism market are attempting to increase their revenue by providing all-inclusive packages to VIP clients. In addition to striving to further increase their presence, they are concentrated on expanding their service reach by bringing more healthcare institutions under their tent.
Major players present in the France medical tourism market include The Hernia Institute Paris, Medifrance Solution, France Medical Access, Dr. Parisescu., FAME Santé, Ribau & Garner, France Surgery, Medical Concierge France, SAM Medical France, Sonio, Ludocare, Charles.co, Axomove, Dynveo, MEDTECH, SILVER ECONOMY, Groupe Médical Santé, DIXI medical, Int’Air Medical, PrimaX Imagerie Médicale are among others.
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France Medical Tourism Market by Category
By Treatment Type:
- Dental Treatment
- Cosmetic Treatment
- Cardiovascular Treatment
- Orthopaedic Treatment
- Neurological Treatment
- Cancer Treatment
- Fertility Treatment
- Others
By Services:
- Wellness Services
- Therapeutic Services
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
About FMI:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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