The Medical Tourism Association, in collaboration with Global Healthcare Resources and the International Healthcare Research Center, has embarked on an initiative aimed at breaking down the barriers to medical travel. By clearing the obstacles hindering the growth of the medical tourism industry, this movement strives to attract an estimated 5 million new medical tourists by 2028.
Medical travel is fast expanding in recent years as more patients are looking beyond their shores to get quality and affordable medical treatment. The rising cost of healthcare in the U.S. and other parts of the world continue to drive the industry and expand the market. However, while many new markets are emerging and reshaping the business of medical travel, many medical travel providers are still plagued with enormous challenges that limit their growth and profitability.