The UK medical tourism market is projected to reach a valuation of US$ 6 Billion in 2022 and it is anticipated to reach US$ 23.44 Billion by 2032. The sales in UK medical tourism are projected to increase at a 14.6% CAGR.
The rise of health concierge services across the UK has massively assisted in the growth of the UK medical tourism market size in last couple of years. The convenience provided by these services and the eminent quality of the private medical infrastructure in the UK are attracting consumers from across the globe.
The UK medical tourism market is expected to grow at a steady rate during the forecast period. Multiple factors are assisting the demand for medical tourism in UK from low and middle-income regions, where the healthcare infrastructure is not advanced enough. As a result, these factors are anticipated to remain the major drivers for the growth of the UK medical tourism market share during the forecast period.
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Better standards, along with these factors are attracting high-net-worth medical tourists seeking treatment for a variety of conditions in the UK, encouraging the adoption of medical tourism and offering lucrative growth opportunities.
The growing trend of privatized healthcare across the globe has presented various opportunities for the key players in UK medical tourism sector. The prevalence of private healthcare infrastructure with rising demand for medical tourism in UK is expected to surge further and boost the revenue of the market.
The UK medical tourism market growth had a negative impact of COVID-19 and experienced a halt for one year due to the absolute lack of demand and travel restrictions. However, UK has always been a pioneer in the field of medical research, with great facilities that are worldwide renowned. This has led to the availability of highly skilled professionals from several sectors of medicine, including well-known medical tourism companies in the United Kingdom.
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Key Takeaways:
- Due to the presence of world-renowned experts, the orthopaedic treatments segment is anticipated to dominate the UK medical tourism market.
- Due to early mental health awareness, the therapeutic service sector in the UK is expected to grow significantly.
- Independent tourists are the most popular among medical tourists, owing to the rise of digital technologies.
- Due to the prevalence of common orthopaedic and cardiovascular issues in men, male medical tourists are more likely to visit the UK on a regular basis.
- The 45-54 age group is expected to dominate the UK Medical Tourism Market.
- Online booking is the preferred route due to the wide choice of alternatives and the hassle-free experience.
Competitive Landscape of UK Medical Tourism Market
Leading players in the UK Medical Tourism Market are looking to expand their revenue by catering to VIP consumer needs by offering all-inclusive packages. They are also focused on ramping up their service reach by adding more healthcare facilities under their umbrella while trying to further expand their presence.
Key Players in the UK Medical Tourism Market
- Med Journeys
- Metta Health Ltd.
- HexTransforma Healthcare Ltd.
- Balsamee
- International Health Plus
- Maya Medical Group
- Global Health Manager Limited
- HCA International Limited
- Imperial Private Healthcare
- Best Health Care Services
UK 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 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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