UAE Medical Tourism Market Overview
According to SPER Market Research, the UAE Medical Tourism Market is estimated to reach USD 2.20 billion by 2033 with a CAGR 8.72%.
Medical tourism refers to the act of individuals traveling to a foreign country to receive medical treatment. Initially, this term was used to describe people from developing countries seeking specialized care in affluent nations. However, it has now expanded to include individuals from wealthier countries who travel to developing countries for more affordable medical procedures. Medical tourism commonly involves aesthetic or surgical treatments, as well as dental or fertility procedures. In some cases, individuals with rare medical conditions may choose to seek treatment in countries where it is more readily available.
Exploring the Growth Drivers of the UAE Medical Tourism Industry
Medical Tourism is becoming increasingly popular in UAE, and there are several key factors that are likely to drive the growth of Medical Tourism market in UAE. The UAE has become a popular destination for medical tourism due to its high-quality healthcare infrastructure, specialist expertise, and government support. The country has invested significantly in modern hospitals and clinics with advanced technology and skilled healthcare professionals, attracting patients worldwide. The UAE also attracts renowned medical specialists from various countries, offering specialized treatments in fields like cardiology, orthopaedics, and cosmetic surgery. The government has prioritized the healthcare sector, making substantial investments and implementing initiatives to facilitate medical tourism, including streamlined visa processes and collaborations between public and private sectors. These factors have contributed to the growth of the UAE's medical tourism market.
What challenges does the UAE Medical Tourism Market face?
While the medical tourism industry in UAE is a thriving and dynamic industry, there are also several challenges that companies in this sector face. Some of the challenges include language and cultural barriers, insurance coverage issues, and ethical and legal considerations. Communication difficulties stemming from language differences and cultural nuances can impede effective patient-doctor interactions. Varying insurance coverage for medical tourism procedures poses financial burdens on patients seeking treatment in the UAE. Navigating different healthcare regulations and standards raises ethical and legal concerns, necessitating patients' diligence in ensuring adherence to appropriate practices and patient safety. Addressing these challenges requires efforts in effective communication, improving insurance coverage and reimbursement processes, and maintaining adherence to ethical and legal guidelines to sustain the growth of the UAE's medical tourism industry.
In what ways has the COVID-19 pandemic affected UAE Medical Tourism Market?
The COVID-19 pandemic has significantly impacted the medical tourism market in the UAE. Travel restrictions and reduced international mobility hindered patients from traveling for medical procedures, leading to a decline in medical tourists. The focus on managing the pandemic resulted in the postponement or cancellation of elective procedures, which are often sought after by medical tourists. The decreased demand for cosmetic surgeries, wellness procedures, and fertility treatments had a negative impact on the medical tourism market in the UAE. The pandemic's effects on travel and healthcare priorities caused a significant setback, but as the situation improves and restrictions ease, the recovery and resurgence of the medical tourism market can be expected.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033 |
Base year considered | 2022 |
Forecast period | 2023-2033 |
Segments covered | By Type, By Treatment Type
|
Regions covered | Abu Dhabi, Dubai, Sharjah, Rest of UAE
|
Companies Covered | Shifa International, The Medical Tourism Center, Anavara, Tours Cure, Thumbay Medical Tourism, Ontime Healthcare, Royal Cure
|
Key Target Audience:
- International patients seeking specialized treatment
- Wellness and rejuvenation seekers
- Patients seeking alternative and traditional medicines
- Patients from neighbouring middle east countries
- Individuals seeking cosmetics and aesthetics procedures
UAE Medical Tourism Market Segmentation:
1. By Type:
- UAE Medical Tourism Market Value Share and Forecast, By Type, 2023-2033
- Inbound
- Outbound
2. By Treatment Type:
- UAE Medical Tourism Market Value Share and Forecast, By Treatment Types, 2023-2033
- Cosmetic
- Dental
- Fertility
- Gynaecological
- Orthopaedic
- Paediatric
3. By Region:
- Abu Dhabi
- Dubai
- Sharjah
- Rest of UAE
Key Topics Covered in the Report:
- UAE Medical Tourism Market Size (FY’2023-FY’2033)
- Overview of UAE Medical Tourism Market
- Segmentation of UAE Medical Tourism Market By Type (Inbound, Outbound)
- Segmentation of UAE Medical Tourism Market By Treatment Type (Cosmetic, Dental, Orthopaedic, Gynaecological, Paediatric, Dental, Fertility, Others)
- Statistical Snap of UAE Medical Tourism Market
- Growth Analysis of UAE Medical Tourism Market
- Problems and Challenges in UAE Medical Tourism Market
- Competitive Landscape in the UAE Medical Tourism Market
- Impact of COVID-19 and Demonetization on UAE Medical Tourism Market
- Details on Recent Investment in UAE Medical Tourism Market
- Competitive Analysis of UAE Medical Tourism Market
- Key Players in the UAE Medical Tourism Market
- SWOT Analysis of UAE Medical Tourism Market
- UAE Medical Tourism Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the UAE Medical Tourism Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. UAE Medical Tourism Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in UAE Medical Tourism Market
7. UAE Medical Tourism Market, By Type (USD Million)
7.1. UAE Medical Tourism Market Value Share and Forecast, By Type, 2023-2033
7.2. Inbound
7.3. Outbound
8. UAE Medical Tourism Market, By Treatment Type (USD Million)
8.1. UAE Medical Tourism Market Value Share and Forecast, By Treatment Types, 2023-2033
8.2. Cosmetic
8.3. Dental
8.4. Fertility
8.5. Gynaecological
8.6. Orthopaedic
8.7. Paediatric
8.8. Others
9. UAE Medical Tourism Market Forecast, 2019-2033 (USD Million)
9.1. UAE Medical Tourism Market Size and Market Share
10. UAE Medical Tourism Market, By Type, 2019-2033 (USD Million)
10.1. UAE Medical Tourism Market Size and Market Share by Type (2019-2026)
10.2. UAE Medical Tourism Market Size and Market Share by Type (2027-2033)
11. UAE Medical Tourism Market, By Treatment Type, 2019-2033 (USD Million)
11.1. UAE Medical Tourism Market Size and Market Share by Treatment Type (2019-2026)
11.2. UAE Medical Tourism Market Size and Market Share by Treatment Type (2027-2033)
12. UAE Medical Tourism Market, By Region, 2019-2033 (USD Million)
12.1. UAE Medical Tourism Market Size and Market Share by Region (2019-2026)
12.2. UAE Medical Tourism Market Size and Market Share by Region (2027-2033)
12.3. Abu Dhabi
12.4. Dubai
12.5. Sharjah
12.6. Rest of UAE
13. Company Profile
13.1. Anavara
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Ontime Healthcare
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Royal Cure
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Shifa International
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. The Medical Tourism Center
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Thumbay Medical Tourism
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Tours Cure
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.