According to DataHorizzon Research, The medical tourism market size was valued at USD 9.5 Billion in 2022 and is anticipated to reach USD 79.4 Billion by 2032 at a CAGR of 23.7%.
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The advancement in technology for healthcare and increasing affordability are major factors driving the market growth. The movement of patients across international borders for some form of medical treatment or health is known as medical tourism.
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