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.

How big is the Medical Tourism Market? The Medical Tourism Market size is expected to reach USD 84.92 billion in 2024 and grow at a CAGR of 23.03% to reach USD 239.37 billion by 2029.

   What is the current Medical Tourism Market size? 
   In 2024, the Medical Tourism Market size is expected to reach USD 84.92 billion.

   Who are the key players in Medical Tourism Market?
   Healthbase, Apollo Hospitals, KPJ Healthcare, Klinikum Medical Link and Medretreat are the major companies operating in the Medical Tourism Market. 

   Which is the fastest growing region in Medical Tourism Market? 
   Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). 

   Which region has the biggest share in Medical Tourism Market? 
   In 2024, the North America accounts for the largest market share in Medical Tourism Market. 

   What years does this Medical Tourism Market cover, and what was the market size in 2023? 
   In 2023, the Medical Tourism Market size was estimated at USD 65.36 billion. The report covers the Medical Tourism Market historical market size for years: 2021, 2022 and 2023. The report also forecasts the Medical Tourism Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

   What is the dominant segment contributing to the largest market share in Medical Tourism? 
   Cosmetic Treatment is the dominant segment that holds the major share of the Medical Tourism Market.

   The Global Medical Tourism Market Report provides a comprehensive industry analysis of the medical tourism market, segmented by treatment type and geography. The market overview highlights the various treatment types including cosmetic, dental, cardiovascular, orthopedics, bariatric, fertility, ophthalmic, and other treatments. The industry statistics indicate significant market growth driven by the increasing demand for affordable and high-quality medical care.<br><br>In terms of market segmentation, the report covers North America, Europe, Asia-Pacific, the Middle East and Africa, and South America, providing a detailed market forecast for each region. The industry size and market value are presented in terms of USD, reflecting the market's economic impact. The market trends and growth rate are analyzed to provide insights into future market predictions.<br><br>The report also includes an industry outlook, focusing on key market leaders and their strategies. The market review highlights the competitive landscape and the role of both private and public healthcare service providers. Additionally, the report examines alternative treatment options and their market share.<br><br>For those seeking more detailed information, the report example and report pdf are available for further industry research. The market data and industry reports offer valuable insights for companies looking to understand the market dynamics and make informed decisions. The industry trends and market outlook provide a clear picture of the market's future direction.<br><br>Overall, the Global Medical Tourism Market Report is an essential resource for understanding the market's growth forecast and industry worth. It provides a thorough market analysis and industry information, making it a valuable tool for research companies and stakeholders in the medical tourism industry.

   Medical Tourism Also Known As: Patient Mobility, Transnational Healthcare, Therapeutic Tourism, Medical Vacation, Health Travel

   Medical Tourism Report Covers the Following Regions: NA, North America, North American, Northern America, Northern American, EU, Europe, European, APAC, Asia Pacific, Asian, MEA, Middle East and Africa, Middle Eastern and African, MENA, Middle East, Middle Eastern, SA, South America, South American

   Medical Tourism Report Covers the Following Countries: USA, United States, US, Canada, Mexican, Mexico, DE, Germany, German, UK, United Kingdom, FR, France, French, IT, Italy, Italian, ES, Spain, Spanish, China, Chinese, JP, Japan, Japanese, IN, India, Indian, AU, Australia, Australian, KR, South Korea, South Korean, GCC, Gulf Cooperation Council, ZA, South Africa, South African, BR, Brazil, Brazilian, AR, Argentina, Argentine

As of 2022, Thailand was a medical tourism destination for an estimated one million visitors per year. Malaysia had the second-highest number of annual medical tourism visitors in Southeast Asia, estimated at over 800 thousand.

As of 2023, it was estimated that cosmetic surgery was the most common medical procedure among medical tourists worldwide. This medical intervention represented roughly 25 percent of medical tourism. Meanwhile, dental procedures ranked second among the most sought-after treatments by medical travelers, accounting for about 15 percent of medical tourism worldwide.

Snapshot img

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, driven by the increasing demand for affordable healthcare solutions and a focus on advanced medical technologies. Key areas of growth include non-surgical cosmetic procedures, oral care, and bone replacement surgeries such as knee replacement and angio suites. Telemedicine is also gaining popularity, allowing patients to consult with medical professionals remotely.
However, the market faces challenges such as the lack of advanced infrastructure in certain regions and ethical concerns regarding medical tourism. The availability of medical technology and skilled professionals in countries like India and Thailand continue to attract patients seeking cost-effective treatments, making the market a dynamic and evolving landscape.

What will be the Size of the Medical Tourism Market During the Forecast Period?

Request Free Sample

The market encompasses the provision of healthcare services, including surgical, non-surgical, and cosmetic treatments, to foreign patients seeking affordable and advanced care outside their home countries. Driven by rising treatment costs and long waiting times in home countries, medical tourism has emerged as a significant global trend. The market spans a wide range of procedures, from oncology treatments and heart bypass surgery to cosmetic surgeries such as breast augmentation, liposuction, and abdominoplasty. Robotic surgery and advanced medical devices are also contributing to the growth of this sector. Key areas of focus include orthopedic procedures, spinal treatments, and geriatric care. The apps facilitate the process by providing information on healthcare destinations and streamlining the booking process for patients.
Overall, the market is experiencing growth, offering affordable care and access to advanced treatments for an increasing number of individuals.

How is this Industry segmented and which is the largest segment?

The 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

    Canada
    US


  APAC

    China
    India
    South Korea
    Singapore


  Europe

    Germany
    UK


  Middle East and Africa



  South America

By Source Insights

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

The market is expected to experience substantial growth between 2025 and 2029, driven by advancements in healthcare infrastructure and technology. Domestic tourism will be a significant segment, focusing on specialized treatments and services for local populations to enhance patient satisfaction and loyalty. A key trend is the integration of digital health solutions, such as telemedicine platforms and electronic health records, which streamline patient experiences, reduce waiting times, and improve accessibility. Providers can offer remote consultations and follow-up care, expanding their reach within domestic markets. Foreign patients will continue to seek affordable and high-quality treatments in various healthcare destinations, including cosmetic tourism for procedures like liposuction, breast augmentation, and abdominoplasty.

Advanced healthcare treatments, such as robotic surgery, oncology treatments, and cardiovascular surgeries, will also contribute to market growth. Medical devices, patient follow-up, and post-procedure complications management will remain crucial aspects of tourism. The market will cater to various elective treatments, cost-effective alternatives, and alternative treatments like cardiac surgery, orthopedics, neurosurgery, and dental care. The insurance and telemedicine will further facilitate access to healthcare services for patients. The geriatric population's increasing need for advanced care and affordable healthcare expenditure will also fuel market growth.

Get a glance at the report of share of various segments Request Free Sample

The Domestic segment was valued at USD 10.20 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 34% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

For more insights on the market share of various regions, Request Free Sample

The North American market is experiencing s

In the 2020-2021 global medical tourism ranking based on 46 destinations, Canada came first with an index score of 76.47. The index is based on ratings of the destination environment, the medical tourism industry, and the quality of facilities and services. This statistic presents the leading 20 countries worldwide based on the total medical tourism index score in 2020.

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.

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.

In 2023, about 1.08 million people traveled to Malaysia for medical and healthcare purposes. Medical tourism has increased in Malaysia since 2014, but the COVID-19 pandemic and travel restrictions in 2020 and 2021 caused a significant decrease in the number of medical tourists. The emerging leader of healthcare Malaysia is among other countries in the Asia-Pacific region such as Singapore, Thailand, and South Korea that have promoted the medical tourism industry. In 2005, the Ministry of Health (MoH) Malaysia established the Malaysian Healthcare Travel Council (MHTC) to promote healthcare travel. To support its ambition to be a medical tourism hub, Malaysia focused on developing its medical sector, by increasing the number of registered doctors and encouraging industrial collaboration between its private and public sectors, among others. The MHTC was created as a separate public sector entity in 2011, which gave it greater freedom to regulate the market. Since then, there had been significant growth in the medical tourism revenue. The Malaysian Health Travel brand The industry development and promotions, both domestic and abroad, have increased their international patient base and enticed foreign investment. The collaboration of the MHTC with Air Asia Indonesia is one such initiative that aimed at promoting metropolitan cities like Penang as the medical tourism center of the nation. The National Health Institute established the International Patient Center (IPC) to assist traveling patients with immigration services, visa, and health insurance transfers to make Malaysia the preferred destination for healthcare. Through this, Malaysia could see a steady development in the industry, which was reflected in the increasing value of the tourist expenditure for medical purposes, among others.

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.

Attributes	Details
Historical Value (2022)	US$ 197.51 billion
Current Year Value (2023)	US$ 221.21 billion
Expected Forecast Value (2033)	US$ 662.92 billion
Projected CAGR (2023 to 2033)	11.6%

Country-wise Insights

Country	United States
2022 Value Share in Global Market	26.1%

Country	United Kingdom
Value CAGR (2023 to 2033)	12.2%

Country	Germany
2022 Value Share in Global Market	6.7%

Country	India
Value CAGR (2023 to 2033)	12%

Country	China
Value CAGR (2023 to 2033)	13.3%

Country	Japan
2022 Value Share in Global Market	4.4%

Category-wise Insights

Segment	2022 Value Share in Global Market
Independent Traveler	41.6%
45 to 54 Years	38.9%

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.

The Turkey medical tourism industry growth is predicted to surge at a CAGR of 6.1% during the forecast period. The industry is standing at USD 3,972.9 million as of 2024 and is on its way forward to cross USD 7,182.3 million by 2034.

Attributes	Description
Estimated Global Turkey Medical Tourism Industry Size (2024E)	USD 3,972.9 million
Projected Global Turkey Medical Tourism Industry Value (2034F)	USD 7,182.3 million
Value-based CAGR (2024 to 2034)	6.1%

Semi Annual Industry Update

Particular	Value CAGR
H1	5.4% (2023 to 2033)
H2	5.9% (2023 to 2033)
H1	6.5% (2024 to 2034)
H2	5.6% (2024 to 2034)

Category-wise Insights

Segment	Medical Procedures and Treatments (Service Type)
Value Share (2024)	29.3%

Segment	Online Booking (Booking Channel)
Value Share (2024)	47.8%

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.

Attribute	Value
Estimated China Industry Size (2025E)	USD 11.3 billion
Projected China Value (2035F)	USD 12.8 billion
Value-based CAGR (2025 to 2035)	7.2%

Access the summary of the Medical Tourism market report, featuring key insights, executive summary, market size, CAGR, growth rate, and future outlook.

In December 2023, the number of inbound same-day and overnight visitors in Mexico who traveled for medical purposes through its border surpassed pre-pandemic figures, amounting to a total of 660,000. The month with most visitors traveling for medical purposes to the country that year was March. As of 2021, the average cost of dental implants in Mexico was 975 U.S. dollars, compared to 1,500 U.S. dollars in the United States.

The France medical tourism market size is estimated to reach US$ 4,592 Million in 2022. With the rising prevalence of various chronic diseases and the availability of advanced healthcare facilities, the overall demand in France medical tourism is slated to increase at a robust 8.5% CAGR between 2022 and 2032. Total sales in the France medical tourism market represent 2% - 6% of the global medical tourism market.

Attributes	Details
France Medical Tourism Market Estimated Size (2022)	US$ 4,592 Million
Value-based CAGR (2022 to 2032)	8.5% CAGR
Top Players Share in 2021.	4% - 8%

Scope of Report

Attributes	Details
Estimated Market Size (2022)	US$ 4592 Million
Projected Growth Rate (2022 to 2032)	8.5% CAGR
Forecast Period	2022 to 2032
Historical Data Available for	2017 to 2021
Market Analysis	US$ Million for Value
Key Region Covered	Europe
Key Countries Covered	France
Key Segments Covered	Treatment Type, Services, Tour Type, Consumer Orientation, Age Group, Booking Channel, and Region.
Key Companies Profiled	The Hernia Institute Paris Medifrance Solution France Medical Access Dr. Parisescu. FAME Santé Ribau & Garner France Surgery Medical Concierge France SAM Medical France Sonio Ludocare Charles.co Axomove Dynveo MEDTECH SILVER ECONOMY Groupe Médical Santé DIXI medical Int'Air Medical PrimaX Imagerie Médicale
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Explore the historical Whois records related to medical-tourism-statistics.com (Domain). Get insights into ownership history and changes over time.

The Turkey Medical Tourism Market Report is Segmented by Treatment Type (Cosmetic and Plastic Surgery, Dental Treatment, Oncology Treatment, Hair Transplantation Treatment, Orthopedic Treatment, Cardiovascular Treatment, and Other Treatment Types). The Report Offers Market Sizes and Forecasts in Value Terms (USD) for all the Above Segments.

Middle East medical tourism market size is projected to exhibit a growth rate (CAGR) of 8.70% during 2024-2032. The increasing advances in transportation and communication, which have made it easier for patients to travel for medical purposes, are driving the market.

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Growth Rate (2024-2032)	8.70%

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 2024-2032. Our report has categorized the market based on treatment type and service provider.