Medical tourism was valued at 47 billion U.S. dollars in 2024 and was forecast to reach a market size of over 111 billion U.S. dollars by 2029. Although the coronavirus pandemic put a halt to medical tourism, the market was forecast to recover and increase drastically in the years to come.

The Medical Tourism Market report segments the industry into Cosmetic Treatment (Dental Treatment, Cardiovascular Treatment, Orthopedics Treatment, Fertility Treatment, Bariatric Treatment, Ophthalmic Treatment, and more) and Geography (North America, Europe, Asia-Pacific, and more).

The global medical tourism market size reached USD 144.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 704.8 Billion by 2033, exhibiting a growth rate (CAGR) of 19.08% during 2025-2033. The heightened need for affordable and effective healthcare services, rising occurrence of critical health conditions among the masses, and increasing popularity of adopting minimally invasive cosmetic surgeries are some of the key factors impelling the growth of the market.

India's Medical Tourism Market is segmented by treatment type (dental treatment, cosmetic treatment, cardiovascular treatment, orthopedic treatment, neurological treatment, cancer treatment, fertility treatment, and others) and service provider (public and private). The report offers market size and forecasts in value (USD) for the above segments.

The China Medical Tourism Industry is poised to experience substantial growth, with projections indicating an increase from an estimated USD 11.3 billion in 2025 to USD 22.8 billion by 2035, growing at a CAGR of 7.2% during the forecast period.

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Medical Tourism Market Size 2025-2029

The medical tourism market size is forecast to increase by USD 132.8 billion at a CAGR of 36.6% between 2024 and 2029.

The market is experiencing significant growth due to the increasing availability of affordable treatment options in developing countries and the growing focus on technological advancements in healthcare. key areas of growth include non-surgical cosmetic procedures, oral care, and bone replacment surgeries such as knee replacement and angio suites. Patients from developed nations, particularly in the US, are seeking cost-effective medical solutions by traveling to countries like India, Thailand, and Mexico. This trend is expected to continue as the cost difference between treatments in developed and developing countries continues to widen. However, the challenges are lack of advanced infrastructure in some developing nations poses a significant risk to patient safety and quality of care.
Additionally, cultural differences, language barriers, and logistical challenges can make medical tourism a complex endeavor. To capitalize on this market opportunity, companies must prioritize patient safety and quality of care while navigating the complex regulatory environment in various countries. Investment in advanced technology and infrastructure, as well as strategic partnerships with local healthcare providers, can help companies overcome these challenges and establish a strong presence in the medical tourism industry.

What will be the Size of the Medical Tourism Market during the forecast period?

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Medical tourism, the practice of traveling abroad for dental procedures and cosmetic treatments, has gained significant traction in the global healthcare landscape. This trend is driven by several factors, including affordable care and lower treatment costs for certain procedures. Cosmetic treatments, such as gluteal augmentation and breast augmentation, are popular choices for medical tourists. Oncology treatments and surgical procedures, including heart bypass surgery and knee replacement, also attract a large number of foreign patients due to the advanced care and shorter waiting times offered at healthcare destinations. Non-surgical procedures, like acne treatment and spinal procedures, are also increasingly sought after.
Medical tourism apps have emerged as convenient tools for facilitating these journeys. The geriatric population is another demographic that contributes to the growth of medical tourism. Medical devices and body fat reduction treatments are other areas of interest for medical tourists. The trend is expected to continue, with a growing number of people opting for outbound medical tourism for various reasons, including access to advanced care and cost savings. Healthcare expenditure is a significant consideration for many individuals, leading them to explore options beyond their local healthcare systems. This shift is influencing the dynamics of the healthcare services industry, with providers adapting to cater to the unique needs of medical tourists.
In the realm of cosmetic procedures, non-surgical options and advanced technologies, like robotic surgery and liposuction, are gaining popularity. The trend is not limited to dental procedures and cosmetic treatments; orthopedic procedures and cosmetic surgeries are also popular choices for medical tourists. In summary, medical tourism is a growing trend in the global healthcare landscape, driven by factors such as affordable care, shorter waiting times, and access to advanced treatments. The trend is influencing various aspects of the healthcare industry, from medical devices to healthcare services, and is expected to continue shaping the future of healthcare.

How is this Medical Tourism Industry segmented?

The medical tourism industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Source

  Domestic
  International


Service Type

  Private
  Public


Type

  Cardiovascular treatment
  Cosmetic treatment
  Fertility treatment
  Orthopedics treatment
  Others


Geography

  North America

    US
    Canada


  Europe

    Germany
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Singapore
    South Korea


  South America



  Rest of World (ROW)

By Source Insights

The domestic segment is estimated to witness significant growth during the forecast period.

The market in the US is experiencing significant shifts between 2025 and 2029. Several factors are driving these changes, such as advancements in healthcare infrastructure and technology. Domestic medical tourism is gaining prominence, with providers focusing on specialized treatments and services catering to local p

The Medical Tourism Market estimated size and share is projected to exceed USD 80.07 Billion by 2032, with a forecasted CAGR of 24.7% during the period.

Global Tourism Market size was worth around $11.39 trillion in 2023 and is predicted to grow to around $18.44 trillion by 2032 with a CAGR of 5.5%.

The global market for inbound medical tourism is estimated to attain USD 118.7 billion in 2025, expanding at 13.6% CAGR to reach USD 424.9 billion by 2035. In 2024, the revenue of the market was around USD 102.9 billion.

Country Wise Analysis

The Europe Medical Tourism Market Report is Segmented by Treatment (Neurology, Aesthetics, Dental, Cardiovascular, Orthopedic, Cancer, and Other Treatments) and Geography (Germany, United Kingdom, France, Italy, Spain, and Rest of Europe). The Report Offers the Value (USD) for all the Above Segments.

The global medical tourism market size is estimated to grow from USD 33.78 billion in 2024 to USD 176.17 billion by 2035, representing a CAGR of 16.20% during the forecast period.

Global Medical Tourism market size was USD 110.12 Billion in 2022 and it is forecasted to reach USD 250.74 Billion by 2030. Medical Tourism Industry's Compound Annual Growth Rate will be 10.8% from 2023 to 2030. Factors Impacting on Medical Tourism Market!

The increasing number of chronic diseases and growing technological advancements in medical devices for the treatment of various health disorders are some of the key major factors accelerating the growth of the medical tourism market. Furthermore, the increasing support by tourist departments and governments across the globe is surging market growth. Moreover, due to the high treatment cost and lack of treatment options in some countries, people seek medical tourism across developed countries where advanced medical treatment is available resulting in propelling market expansion. What is Medical Tourism?

Medical tourism is a term used to describe the practice of traveling to another country or region to receive medical treatment or procedures. The reasons for medical tourism can vary but often include seeking lower costs for medical procedures, accessing treatments that are not available in the patient's home country, or looking for more specialized or advanced medical care.

The medical tourism market size was valued at USD 12.49 billion in 2024 and is projected to reach USD 53.87 billion by the end of 2037, registering around 11.9% CAGR during the forecast period i.e., between 2025-2037. North America industry is anticipated to capture a significant share of 40.5% by 2037, owing to the well-established healthcare system across the region.

The Japan Medical Tourism Market is Segmented by Treatment Type (Cardiovascular, Oncology, Neurology, Orthopedics, Cosmetic, and Other Treatment Types) and Service Providers (Public and Private). The Report Offers Market Sizes and Forecasts in Terms of Value (USD) for all the Above Segments.

This statistic displays the estimated market size of global medical tourism and per visit spending as of 2016. It is estimated that the global medical tourism industry generates between 45 and 72 billion U.S. dollars every year.

Middle East medical tourism market size reached USD 6,392.6 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 13,158.6 Million by 2033, exhibiting a growth rate (CAGR) of 8.35% during 2025-2033. The increasing advances in transportation and communication, which have made it easier for patients to travel for medical purposes, are driving the market.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional and country level for 2025-2033. Our report has categorized the market based on treatment type and service provider.

Revenue from medical tourism in Malaysia has been evaluated at US$ 1.92 billion in 2024. The Malaysian market has been projected to register a CAGR of 14.6% and reach a value of US$ 7.54 billion by 2034.

Category-wise Analysis

India's medical tourism industry is poised for substantial growth, with projections indicating an increase from an estimated USD 18.2 billion in 2025 to USD 58.2 billion by 2035, at a CAGR of 12.3% during the forecast period.

In 2023, the outbound medical tourism market is projected to reach an impressive figure of US$ 221.21 billion. According to FMI’s comprehensive report, the demand for outbound medical tourism is predicted to experience an astounding CAGR of 11.6% from 2023 to 2033.

Country-wise Insights

Category-wise Insights

This statistic presents the market size of medical tourism in China in 2017, with estimates up to 2021. By 2021, the estimated Chinese medical travel market size would reach around 264.3 billion yuan.