Saudi Arabia well positioned to ride medical tourism wave
Saudi Arabia well positioned to ride medical tourism wave
https://arab.news/83jmm
While the broader tourism industry generally receives extensive scholarly and public attention for its economic contributions and cultural exchanges, much less focus is placed on one of its most significant and rapidly evolving segments: medical tourism. This specialized form of travel is poised to become a trillion-dollar global industry.
This is being fueled by escalating healthcare costs in developed nations, technological advancements and the desire for timely and high-quality care. This is why medical tourism represents an intriguing intersection of health and tourism that offers substantial untapped potential.
The Middle East is exceptionally well positioned to emerge as a premier destination in this space by leveraging its world-class infrastructure, strategic geographic location and cultural resonance. For example, Saudi Arabia’s transformative Vision 2030 initiative aims to attract international patients who are seeking affordability combined with unparalleled hospitality and recovery environments.
Patients from the US, Canada and Western Europe frequently face prohibitive expenses or long wait times Dr. Majid Rafizadeh
Patients from the US, Canada and Western Europe frequently face prohibitive expenses or long wait times
Recent market analyses project robust expansion for medical tourism. Estimates for the global market size vary but consistently indicate values in the tens to low hundreds of billions of dollars, with upper forecasts exceeding $126 billion by 2035, driven by compound annual growth........
