The medical tourism market size was USD 5.3 Billion in 2022 and is expected to register a rapid revenue CAGR of 32.51% during the forecast period. Availability of high-quality healthcare services in developing nations and rising healthcare expenses in industrialized nations are major factors driving market revenue growth. Medical procedures in tourism is increasing due to advancements in the healthcare industry by launch of medical devices and non-invasive surgery procedures. In comparison to their home nations, patients can receive medical treatments, surgeries, and procedures abroad for less money because of rapid growth in the medical tourism sector. In addition, rising disposable money and increasing awareness about medical tourism are other factors driving revenue growth of the market.