Canada Inbound Medical Tourism Market Overview, 2028

Canada Inbound Medical Tourism Market Overview, 2028
Medical tourism, the practice of seeking medical treatment abroad, has emerged as a global phenomenon, driven by factors such as advanced medical facilities, cost considerations, and the quest for high-quality care. Canada is rapidly gaining traction as an attractive inbound medical tourism hub. Canada's appeal as an inbound medical tourism destination is on the rise, owing to several factors that distinguish the country's healthcare landscape. Renowned for its universal healthcare system, excellent medical infrastructure, and well-trained healthcare professionals, Canada offers a compelling blend of medical expertise and scenic beauty that draws patients from around the world. Canada's healthcare system is recognized for its high standards of care, patient safety, and medical advancements. International patients are drawn to the country's reputed healthcare institutions that offer a wide range of medical treatments and procedures. While healthcare costs in Canada be comparatively lower than in some other Western countries, the quality of care remains exceptional. This cost advantage appeals to medical tourists seeking value for money without compromising on medical standards. Further, Canada boasts specialized medical centers of excellence that focus on areas such as organ transplantation, cancer treatment, cardiac care, and neurosurgery. International patients often travel to Canada to access cutting-edge treatments and expertise in these fields. Canada's multicultural society ensures that international patients feel welcomed and understood. Many healthcare facilities offer multilingual services and culturally sensitive care, creating a comfortable environment for patients from diverse backgrounds.

According to the research report ""Canada Inbound Medical Tourism Market Overview, 2028,"" published by Bonafide Research, the Canada Inbound Medical Tourism Market is expected to grow at more than USD 4 Billion from 2023 to 2028. Canada's reputation for providing quality healthcare services through its universal healthcare system is a significant driver. International patients often seek access to the country's medical expertise and advanced treatments while benefiting from a healthcare system known for its comprehensive coverage. Canada is home to specialized medical centers of excellence that offer cutting-edge treatments and procedures in areas such as organ transplantation, cancer care, neurosurgery, and cardiac surgery. These specialized centers attract medical tourists seeking advanced and specialized care. Canada's commitment to medical research and innovation leads to advancements in medical treatments, therapies, and technologies. International patients often seek access to clinical trials and experimental treatments not readily available in their home countries. Furthermore, Canada's cultural diversity and multilingual services create a welcoming environment for international patients. Many healthcare facilities offer language interpretation services and culturally sensitive care, ensuring that patients feel comfortable and understood. Canada collaborates with other countries and organizations to promote health and wellness tourism, highlighting the country's medical expertise and leisure opportunities. High patient satisfaction rates and positive testimonials from international patients contribute to Canada's reputation as a reliable and trusted medical tourism destination. Furthermore, inbound medical tourism benefits from Canada's stringent healthcare regulations, ensuring a high standard of care, patient safety, and ethical practices.

Based on the Treatment types includes the Cancer Treatment / Oncology, Cosmetic Treatment, Dental Treatment, Cardiovascular Treatment, Bariatric Treatment, Orthopedics Treatment / Spine Treatment, Fertility Treatment / IVF Treatments, Organ Transplant, Ophthalmology Treatment, Neurological Treatment, Alternative Treatment and Other. Among them the Organ Transplant is growing in Canada, Canada is home to highly skilled transplant surgeons, medical specialists, and healthcare teams with extensive experience in performing organ transplant surgeries. The country's expertise in organ transplantation attracts patients seeking specialized care from renowned medical professionals. Canadian healthcare institutions offer comprehensive organ transplant programs that cover a wide range of organs, including heart, liver, kidney, lung, and pancreas. This breadth of services appeals to international patients who may require different types of organ transplants. As well as the Canada's advanced medical technology and state-of-the-art facilities play a crucial role in successful organ transplant surgeries. Cutting-edge surgical techniques, sophisticated organ preservation methods, and precision instruments contribute to positive patient outcomes. Canada's organ donor system promotes organ donation and transplantation. The availability of organs for both local and international patients contributes to the growth of the organ transplant market. Canada's cultural diversity and multilingual healthcare services create a welcoming environment for international transplant patients, making them feel comfortable and understood.

The Canadian government sets and enforces regulations and standards for healthcare facilities and providers to ensure that medical services meet rigorous quality, safety, and ethical requirements. These regulations create a conducive environment for international patients seeking medical treatments. Furthermore, Healthcare facilities in Canada are subject to accreditation and certification processes that validate their compliance with established healthcare standards. Accreditation bodies, such as Accreditation Canada, ensure that medical tourism providers adhere to high-quality care practices. Health Canada is the federal department responsible for public health and healthcare policy in the country. It plays a role in ensuring the safety and effectiveness of medical devices, pharmaceuticals, and treatments that may be used by international patients. As well as the various government agencies, including Destination Canada, promote health and wellness tourism as part of Canada's broader tourism industry. This includes showcasing the country's healthcare expertise, wellness offerings, and scenic landscapes. MedTrip is a medical tourism platform that connects international patients with accredited healthcare providers in Canada. The platform offers a range of services, including treatment coordination, travel assistance, accommodation booking, and post-treatment care. MedTrip's user-friendly interface and personalized approach make it easier for patients to navigate their medical journey. Furthermore, FlyHealth is a medical travel agency that assists international patients in accessing medical treatments in Canada. The start-up provides support with treatment planning, visa arrangements, transportation, and accommodation. FlyHealth aims to simplify the process of medical travel and provide a seamless experience for patients.

Based on the service provider segment includes the Private and public, among them the Public segment will grow at the highest CAGR rate by 2028. Canada's publicly funded universal healthcare system is a cornerstone of its healthcare landscape. This system ensures that all citizens and permanent residents have access to medically necessary hospital and physician services without direct charges at the point of care. The availability of high-quality healthcare services through the public sector is a major draw for international patients seeking medical treatment. Many public healthcare facilities in Canada are equipped with state-of-the-art medical technology, cutting-edge equipment, and innovative treatment modalities. The availability of advanced technology supports the diagnosis, treatment, and overall patient experience, making public hospitals attractive options for medical tourists. Canada is home to several leading hospitals and healthcare institutions that have gained recognition for their excellence in medical care and have become popular destinations for international patients seeking medical tourism. These hospitals are known for their specialized services, advanced medical technology, experienced medical professionals, and commitment to patient care. Here are some of the leading hospitals for medical tourism in Canada, Toronto General Hospital (University Health Network), SickKids Hospital (The Hospital for Sick Children), Princess Margaret Cancer Centre (University Health Network) and many more.

Considered in this report

• Geography: Canada
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report

• Canada Inbound Medical Tourism market with its value and forecast along with its segments
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Treatment Type

• Cancer Treatment / Oncology
• Cosmetic Treatment
• Orthopedics Treatment / Spine Treatment
• Cardiovascular Treatment
• Fertility Treatment / IVF Treatments
• Neurological Treatment
• Organ Transplant
• Bariatric Treatment
• Dental Treatment
• Alternative Treatment (Acupuncture, Ayurveda, Homeopathy, Naturopathy, Chinese or Oriental medicine, Chiropractic and osteopathic medicine, Massage, Body movement therapies, Tai chi, Yoga, Dietary
supplements, Herbal medicine, Nutrition/diet, Electromagnetic therapy, Reiki, Qigong, Meditation, Biofeedback, Hypnosis, Art, dance, and music, Visualization and guided imagery, etc.)
• Ophthalmology Treatment
• Other Treatments (Dermatological treatments, ENT (Ear, Nose, and Throat) treatments, Allergy and Immunology treatments, Sleep disorder treatments, Mental health and psychological treatments, Urology, diabetology, Proctology, Vascular Surgery, etc.)

By Service Providers

• Private
• Public

The approach of the report:

This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Inbound Medical Tourism industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.