The medical tourism market is a rapidly growing industry that involves individuals traveling to different countries to seek medical treatment. This trend has gained popularity due to several factors, including the rising costs of healthcare in developed countries, long waiting times for certain procedures, and the availability of high-quality medical facilities in other parts of the world.
One of the key drivers of the medical tourism market is cost savings. Many countries offer medical treatments at significantly lower prices compared to developed nations. This attracts patients who are seeking affordable options without compromising on quality. For example, a complex surgical procedure that may cost tens of thousands of dollars in the United States can often be done for a fraction of that price in countries like India, Thailand, or Mexico.