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ASEAN Medical and Wellness Tourism Market Share

Report ID: GMI11800
Published Date: Oct 2024
Report Format: PDF

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ASEAN Medical and Wellness Tourism Market Share

The market is dominated by some of the major market players. The market is dynamic and rapidly evolving, with major organizations, local small players, and start-ups joining the industry competition. The key industry players are consistently involved in creating new opportunities in the healthcare and wellness sector. Leading companies, such as Hilton Worldwide Holdings Inc., SingHealth Group, Four Seasons Hotels, Marriot International, InterContinental Group, and IHH Healthcare maintain a strong presence with extensive product portfolios of medical and wellness tourism, focusing on holistic and traditional treatments, appealing to patients seeking alternative healing and expand the market reach.

ASEAN Medical and Wellness Tourism Market Companies

Prominent players operating in the ASEAN medical and wellness tourism industry include:

AEK Udon International Hospital
Bumrungrad International Hospital
COMO Hotels and Resorts
Four Seasons Hotels
Gojek
Grab Holdings Ltd.
Hilton Worldwide Holdings Inc.
IHH Healthcare
InterContinental Group
KPJ Healthcare Berhad
Mahkota Medical Centre
Makati Medical Center
Marriot International
National Heart Institute (Institut Jantung Negara)
Penang Adventist Hospital
Radisson Hotel Group
Raffles Medical Group
Rosewood Hotel Group
SingHealth Group
St. Luke's Medical Center
Sunway Group

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The ASEAN medical and wellness tourism industry was valued at USD 51.5 billion in 2023 and is expected to grow at a 12.7% CAGR from 2024 to 2032, driven by a focus on cost-effectiveness and rising disposable incomes.

The wellness tourism segment generated USD 37 billion in 2023, with increasing awareness about health and wellness driving demand for holistic health approaches.

Prominent players include AEK Udon International Hospital, Bumrungrad International Hospital, COMO Hotels and Resorts, Four Seasons Hotels, Gojek, Grab Holdings Ltd., Hilton Worldwide Holdings Inc., IHH Healthcare, InterContinental Group, KPJ Healthcare Berhad, and Mahkota Medical Centre.