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Elaf from RiyadhThe countries of the Gulf Cooperation Council topped the list of the best destinations for medical tourism worldwide, according to the Medical Tourism Association index.
The medical tourism index was based on a variety of factors, including the destination environment, patient experience, current levels of medical tourism and the attractiveness of traditional tourism.
Recent studies have indicated that the Middle East and North Africa region, during the past years, has increased the number of medical tourists, and patients seeking treatment for various types of physical or cosmetic injuries. The healthcare services sector in the region has grown at a compound annual rate of 18.8% since 2004. The boom in the medical tourism sector in the Arab countries guarantees a sustainable future for the medical and cosmetic device market, thanks to the increasing number of visitors looking for cosmetic treatments.
According to studies, the medical tourism market was valued at about 15.5 billion US dollars in 2017, and it is expected to record revenues of 28 billion dollars by the end of 2024, with a compound annual growth rate of about 8.8% between 2018 and 2024.
Expectations indicate that the volume of medical tourism expenditures from the Gulf Cooperation Council countries to various countries of the world amounted to 20 billion dollars, and with these large numbers the Gulf countries began working to establish places for hospitalization locally, not only to limit the treatment of their citizens abroad, but to bring non-Gulf citizens to receive Treatment in these places as a form of investment. On the other hand, the Gulf Cooperation Council countries began to reduce costs and maximize the use of local potentials, coinciding with the rise of the star of medical tourism globally.