Medical Tourism Market: current trends and forecasts

The modern medical tourism market is a fast-growing and promising industry that combines various aspects of healthcare, tourism and economics. The trends and forecasts of the development of this market are considered, the key factors of its growth are analyzed, and the features of medical tourism in...

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Main Authors: Nikita S. Polishchuk, Sergei N. Lavrov
Format: Article
Language:English
Published: Peoples’ Friendship University of Russia (RUDN University) 2024-12-01
Series:RUDN Journal of Economics
Subjects:
Online Access:https://journals.rudn.ru/economics/article/viewFile/42957/24501
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author Nikita S. Polishchuk
Sergei N. Lavrov
author_facet Nikita S. Polishchuk
Sergei N. Lavrov
author_sort Nikita S. Polishchuk
collection DOAJ
description The modern medical tourism market is a fast-growing and promising industry that combines various aspects of healthcare, tourism and economics. The trends and forecasts of the development of this market are considered, the key factors of its growth are analyzed, and the features of medical tourism in different regions of the world are studied. Based on the literary review, the author’s interpretation of the term “medical tourism” is proposed. A universal classification has been formed and the directions of medical tourism have been determined. As a rule, the structure of medical tourism includes: diagnosis and treatment of various diseases, surgical and other interventions, rehabilitation and prophylaxis, as well as sanatorium treatment. The current trends of the modern medical tourism market are described, including the growing demand for medical services abroad, the development of innovative technologies in medicine, globalization and integration of national markets, as well as increased competition between medical centers and clinics. Special attention is paid to the forecasts of the development of the medical tourism market in the coming years. The potential of individual regions and countries is analyzed, factors contributing to the successful development of medical tourism are identified, and recommendations for market participants are proposed. The results of a comprehensive study of the modern medical tourism market and its prospects can be useful for specialists in the field of healthcare, tourism and economics.
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spelling doaj-art-1e0d81e3fbe54cf5bbe925cb1e7c85ad2025-08-20T02:45:46ZengPeoples’ Friendship University of Russia (RUDN University)RUDN Journal of Economics2313-23292408-89862024-12-0132463965610.22363/2313-2329-2024-32-4-639-65621076Medical Tourism Market: current trends and forecastsNikita S. Polishchuk0https://orcid.org/0000-0001-8216-601XSergei N. Lavrov1https://orcid.org/0009-0003-2087-8646RUDN UniversityRUDN UniversityThe modern medical tourism market is a fast-growing and promising industry that combines various aspects of healthcare, tourism and economics. The trends and forecasts of the development of this market are considered, the key factors of its growth are analyzed, and the features of medical tourism in different regions of the world are studied. Based on the literary review, the author’s interpretation of the term “medical tourism” is proposed. A universal classification has been formed and the directions of medical tourism have been determined. As a rule, the structure of medical tourism includes: diagnosis and treatment of various diseases, surgical and other interventions, rehabilitation and prophylaxis, as well as sanatorium treatment. The current trends of the modern medical tourism market are described, including the growing demand for medical services abroad, the development of innovative technologies in medicine, globalization and integration of national markets, as well as increased competition between medical centers and clinics. Special attention is paid to the forecasts of the development of the medical tourism market in the coming years. The potential of individual regions and countries is analyzed, factors contributing to the successful development of medical tourism are identified, and recommendations for market participants are proposed. The results of a comprehensive study of the modern medical tourism market and its prospects can be useful for specialists in the field of healthcare, tourism and economics.https://journals.rudn.ru/economics/article/viewFile/42957/24501economicspatientsmedical servicesinternational tourismtourism industrymedical caretreatment abroadmedical tourismdiagnostic tourismhealth tourismclassification of medical tourismdirections of medical tourismdomestic medical tourismoutbound tourisminbound tourism
spellingShingle Nikita S. Polishchuk
Sergei N. Lavrov
Medical Tourism Market: current trends and forecasts
RUDN Journal of Economics
economics
patients
medical services
international tourism
tourism industry
medical care
treatment abroad
medical tourism
diagnostic tourism
health tourism
classification of medical tourism
directions of medical tourism
domestic medical tourism
outbound tourism
inbound tourism
title Medical Tourism Market: current trends and forecasts
title_full Medical Tourism Market: current trends and forecasts
title_fullStr Medical Tourism Market: current trends and forecasts
title_full_unstemmed Medical Tourism Market: current trends and forecasts
title_short Medical Tourism Market: current trends and forecasts
title_sort medical tourism market current trends and forecasts
topic economics
patients
medical services
international tourism
tourism industry
medical care
treatment abroad
medical tourism
diagnostic tourism
health tourism
classification of medical tourism
directions of medical tourism
domestic medical tourism
outbound tourism
inbound tourism
url https://journals.rudn.ru/economics/article/viewFile/42957/24501
work_keys_str_mv AT nikitaspolishchuk medicaltourismmarketcurrenttrendsandforecasts
AT sergeinlavrov medicaltourismmarketcurrenttrendsandforecasts