Product Code: ETC8845350 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The medical tourism market in the Philippines is expanding as international patients seek affordable yet high-quality healthcare services. The country is known for its skilled medical professionals and advanced treatment facilities. Cosmetic surgery, dental care, and wellness treatments are among the most sought-after services.
The increasing affordability of high-quality medical procedures, growing international patient influx, and government initiatives to promote the Philippines as a healthcare destination are driving the medical tourism market. The countrys strong network of private hospitals offering specialized treatments, along with lower costs compared to Western countries, is attracting patients from across Asia and beyond. Additionally, improved medical infrastructure and the availability of English-speaking healthcare professionals further enhance market appeal.
The medical tourism market in the Philippines faces competition from neighboring countries with more established healthcare tourism industries, such as Thailand and Malaysia. Inconsistent healthcare standards and accreditation issues also create trust barriers for international patients. Additionally, the lack of government incentives for medical tourism infrastructure development limits market growth.
The Philippines has become a popular destination for medical tourism due to its affordable healthcare services and high-quality treatments. Investment opportunities are plentiful in the development of world-class healthcare facilities, medical tourism infrastructure, and specialized services like cosmetic surgery, fertility treatments, and dental care. Establishing partnerships with international insurers and promoting medical tourism packages will help cater to the growing influx of foreign patients seeking medical care in the Philippines.
The government actively promotes the Philippines as a medical tourism hub through policies under the Department of Tourism (DOT) and DOH. Accreditation programs ensure that hospitals and clinics catering to foreign patients meet international healthcare standards. Tax incentives and infrastructure development programs support the growth of the medical tourism industry.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Medical Tourism Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Medical Tourism Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Medical Tourism Market - Industry Life Cycle |
3.4 Philippines Medical Tourism Market - Porter's Five Forces |
3.5 Philippines Medical Tourism Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Philippines Medical Tourism Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Medical Tourism Market Trends |
6 Philippines Medical Tourism Market, By Types |
6.1 Philippines Medical Tourism Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Medical Tourism Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Medical Tourism Market Revenues & Volume, By Medical Treatment, 2021- 2031F |
6.1.4 Philippines Medical Tourism Market Revenues & Volume, By Dentistry, 2021- 2031F |
6.1.5 Philippines Medical Tourism Market Revenues & Volume, By Cardiology, 2021- 2031F |
6.1.6 Philippines Medical Tourism Market Revenues & Volume, By Orthopedic surgery, 2021- 2031F |
6.1.7 Philippines Medical Tourism Market Revenues & Volume, By Neurology, 2021- 2031F |
6.1.8 Philippines Medical Tourism Market Revenues & Volume, By Oncology, 2021- 2031F |
7 Philippines Medical Tourism Market Import-Export Trade Statistics |
7.1 Philippines Medical Tourism Market Export to Major Countries |
7.2 Philippines Medical Tourism Market Imports from Major Countries |
8 Philippines Medical Tourism Market Key Performance Indicators |
9 Philippines Medical Tourism Market - Opportunity Assessment |
9.1 Philippines Medical Tourism Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Philippines Medical Tourism Market - Competitive Landscape |
10.1 Philippines Medical Tourism Market Revenue Share, By Companies, 2024 |
10.2 Philippines Medical Tourism Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |