Government enthusiasm and having the top-most medical infrastructure in the world have helped in driving the France medical tourism market.
NEWARK, DE / ACCESSWIRE / August 17, 2022 / As per a recent market analysis by Future Market Insights (FMI), the France medical tourism market is projected to reach a valuation of US$ 4,592 Mn in 2022. Sales are projected to increase at a CAGR of 8.5% through 2032.
Over the years, medical tourism in France has been rising due to presence of highly developed medical facilities and technologies. Patients opt for treatments due to the fact that many medical procedures or operations are expensive and are not easily available in their native places.
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| Attribute | Details |
| France Medical Tourism Market Estimated Size (2022) | US$ 4,592 Mn |
| Value-based CAGR (2022-2032) | 8.5% CAGR |
| Top Players Share in 2021. | 4%- 8% |
Availability of advanced bariatric surgery, dental treatment, and high-quality cosmetic operations is creating conducive environment for the market players in France. The nation, which had previously prohibited medical travel, revived the industry in 2015 by transforming up to 40 facilities, including the American Hospital of Paris and Gustave Roussy Cancer Center, into world-class referral centers for patients from outside.
Some of the important factors that have contributed to the expansion of the medical tourism business are decreased airfare, rising incomes in developing countries, and rising need for high-quality healthcare. The companies engaged in the area will profit from this, together with the French government's goal of promoting the medical tourism industry.
"France medical tourism business will benefit from the improved healthcare infrastructure, effectiveness, comfort, and personalized care." - Says an FMI analyst.
Key Takeaways:
- By treatment type, demand will remain high for orthopaedic and cancer treatments in France tourism market during the forecast period.
- Based on services, the therapeutics services segment will be most remunerative in the France medical tourism market through 2032.
- By tour type, packaged traveller segment is likely to hold the largest revenue share of the France medical tourism market in 2032.
- In terms of age group, 46 and 55 categories is most likely to travel to France for medical tourism treatments over the assessment
- Online booking remains the most preferred booking channel by medical tourists.
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Who is Winning?
Leading companies in the French medical tourism market are attempting to increase their revenue by providing all-inclusive packages to VIP clients. In addition to striving to further increase their presence, they are concentrated on expanding their service reach by bringing more healthcare institutions under their tent.
Major players present in the France medical tourism market include:
- The Hernia Institute Paris
- Medifrance Solution
- France Medical Access
- Dr. Parisescu.
- FAME Santé
- Ribau & Garner
- France Surgery
- Medical Concierge France
- SAM Medical France
- Sonio
- Ludocare
- Charles.co
- Axomove
- Dynveo
- MEDTECH
- SILVER ECONOMY
- Groupe Médical Santé
- DIXI medical
- Int'Air Medical
- PrimaX Imagerie Médicale are among others.
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Get More Valuable Insights
Future Market Insights, in its new offering, provides an unbiased analysis of the FRANCE medical tourism market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.
The study divulges compelling insights on the FRANCE Medical Tourism market based on the Treatment Type (Dental Treatment, Cosmetic Treatment, Cardiovascular Treatment, Orthopedic Treatment, Neurological Treatment, Cancer Treatment, Fertility Treatment, and Others), By Services (Wellness Services & Therapeutic Services), By Tourist Type (Domestic & International), By Tour Type (Independent Traveler, Tour Group and Package Traveler), By Consumer Orientation (Men, Women, and Children), By Age Group (15-25 Years, 26-35 Years, 36-45 Years, 46-55 Years, 66-75 Years), By Booking Channel (Phone Booking, Online Booking, In Person Booking) & Region
Table of Content
1. Executive Summary
1.1. France Medical Tourism Market Outlook
1.1.1. Who Is Travelling?
1.1.2. How Much Do They Spend?
1.1.3. Direct Contribution of Tourism To GDP
1.1.4. Direct Contribution of Tourism To Employment
1.2. Medical Tourism Evolution Analysis
1.3. FMI Analysis and Recommendations
2. Market Introduction
2.1. Total Spending (US$ Mn) and Forecast (2022-2032)
2.2. Number of Tourists (Mn) and Forecast (2022-2032)
2.3. Total Spending Y-o-Y Growth Projections (2022-2032)
2.4. Number of Tourists Y-o-Y Growth Projections
3. Medical Tourism Industry Analysis
3.1. Medical Tourism Industry Overview
3.1.1. Medical Tourism Industry Contribution to France GDP
3.1.2. Medical Tourism Sector Contribution to France's Overall Employment
3.1.3. Impact of Covid-19
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SOURCE: Future Market Insights, Inc.