Medical Tourism Market to Hit $142 Billion, Driven by China's Hainan Boao Pilot Zone
【Abstract】: (Market Forecast & Policy) The global medical tourism market is currently valued at $35 billion and is projected to see exponential growth, reaching $142 billion by 2034. A major catalyst is China's Hainan Boao Lecheng International Medical Tourism Pilot Zone. Backed by special free-trade policies, the zone allows rapid importation of advanced global IVF drugs and longevity therapies, positioning itself to rival traditional hubs by 2030.
Business Insight: Hainan Boao is effectively reversing the outbound medical tourism trend, keeping high-net-worth Chinese patients domestic. For global pharmaceutical companies and biotech equipment manufacturers at CMTF, establishing a presence in Boao is no longer optional—it is the fastest regulatory pathway to commercialize unapproved international therapies within the lucrative Chinese market.
【Keywords】: #BoaoLecheng #MedicalTourismMarket #ChinaHealthcare
【Source Link】: Global Medical Tourism Economic Reports