Revival in 2022 to drive short-term growth in healthcare markets of key emerging economies
The healthcare and medical devices markets of many emerging economies are poised to benefit from a revival of medical tourism in 2022 as strict travel restrictions around the world are relaxed.
Medical tourism is the term used to describe people seeking elective and non-emergency treatment in a country other than where they reside. It is driven primarily by consumers in developed economies that have high healthcare costs, and by consumers in developing economies seeking better quality treatment abroad.
While medical tourism is ubiquitous across the world, many countries stand out as key destinations for medical tourists and are supported by specific policies by…
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