Medical Tourism Market
The primary reason driving the growth of the global medical tourism market is a lack of medical insurance. Patients can now find specialised treatments at low prices thanks to the expansion of the internet and online advertising in rural areas. In 2013, the Nerd Wallet Health analysed data from the Centers for Disease Control and Prevention (CDC), the United States Census Bureau, and the Federal Court System and discovered that approximately 56 million Americans under the age of 65 have difficulty paying their medical bills.
Furthermore, according to the Health-Tourism fact sheet and statistics, Medical Tourism generated massive revenue ranging from $60,000 to $70,000 in 2015, and it is expected to double in the near future.
