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Wellness Tourism Global Market to Reach $1.09 Trillion by 2026 at a CAGR of 8.2%
Dublin, Nov. 08, 2022 (GLOBE NEWSWIRE) -- The "Wellness Tourism Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
The global wellness tourism market is expected to grow from $718.50 billion in 2021 to $801.45 billion in 2022 at a compound annual growth rate (CAGR) of 11.5%. The wellness tourism market is expected to grow to $1098.42 billion in 2026 at a CAGR of 8.2%.
The main types of services in wellness tourism are transport, lodging, food and beverages, shopping, activities and excursions, and other types of services. The transport market provides transport services. Transportation arrangements are made for patients with spinal injuries, fractures, craniocerebral injuries, and other injuries. Transport from the hotel or medical center to the airport or station is provided to the patient and attending persons after the completion of treatment, check-up, recovery, or after surgical interventions and rehabilitation. The various travel types include primary, and secondary which are available at different locations such as domestic, and international.
North America was the largest region in the wellness tourism market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the wellness tourism market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The increasing tourist spending on cultural and sports tourism is expected to propel the growth of the wellness tourism market going forward. Sports tourism refers to travel that involves both observing and participating in a sporting event while staying in the tourist's usual environment. Cultural and sports tourism is a part of wellness tourism, which helps in promoting health and well-being. For instance, according to a survey conducted by American Express, a US-based credit card company, in the year 2021, nearly 76% of the people participating in service are spending on tourism to improve their well-being. Also, 55% of the participants are paying extra money for wellness activities on their vacations. Therefore, increasing tourist spending is driving the growth of the wellness tourism market.
New technological innovations have emerged as the key trend gaining popularity in the wellness tourism market. Major companies operating in the wellness tourism sector are focused on introducing new technologies to sustain their position in the market.
For instance, in April 2021, Atmantan Wellness Centre, an India-based wellness tourism provider, launched Atmantan Naturals, a new wellness-tech platform with telehealth portal technology. This wellness center offers reversal treatments for diseases and cultivates natural herbal supplements with excellent efficiency. And also, an individual has access to various virtual consultations with various doctors and physicians with the help of telehealth portals at any time.
The countries covered in the wellness tourism market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Scope
Markets Covered:
1) By Service Type: Transport; Lodging; Food and Beverage; Shopping; Activities and Excursion; Other Services
2) By Travelers Type: Primary; Secondary
3) By Location: Domestic; International
Key Topics Covered:
1. Executive Summary
2. Wellness Tourism Market Characteristics
3. Wellness Tourism Market Trends And Strategies
4. Impact Of COVID-19 On Wellness Tourism
5. Wellness Tourism Market Size And Growth
6. Wellness Tourism Market Segmentation
7. Wellness Tourism Market Regional And Country Analysis
8. Asia-Pacific Wellness Tourism Market
9. China Wellness Tourism Market
10. India Wellness Tourism Market
11. Japan Wellness Tourism Market
12. Australia Wellness Tourism Market
13. Indonesia Wellness Tourism Market
14. South Korea Wellness Tourism Market
15. Western Europe Wellness Tourism Market
16. UK Wellness Tourism Market
17. Germany Wellness Tourism Market
18. France Wellness Tourism Market
19. Eastern Europe Wellness Tourism Market
20. Russia Wellness Tourism Market
21. North America Wellness Tourism Market
22. USA Wellness Tourism Market
23. South America Wellness Tourism Market
24. Brazil Wellness Tourism Market
25. Middle East Wellness Tourism Market
26. Africa Wellness Tourism Market
27. Wellness Tourism Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Wellness Tourism Market
29. Wellness Tourism Market Future Outlook and Potential Analysis
30. Appendix
Companies Mentioned
Accor S.A
Canyon Ranch
Hilton Worldwide Holdings Inc.
Hyatt Hotels Corporation
Marriott International Inc.
Pravassa
Radisson Hospitality Inc.
Omni Hotels & Resorts
Rosewood Hotels & Resorts
Four Seasons Hotels Limited
Home Inns Group
Choice Hotels International
InterContinental Group
Red Carnation Hotels
Movenpick Hotels & Resorts
Shangri-La Hotels and Resorts
Starwood Hotels and Resorts Worldwide
Miraval Group
InterContinental Hotels Group plc
For more information about this report visit https://www.researchandmarkets.com/r/trg0li
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