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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, driven by the availability of affordable treatment options in destinations outside of traditional healthcare hubs. This trend is particularly prominent in developing nations, where the cost savings can be substantial. Additionally, the growing focus on technological advancements in healthcare is transforming the medical tourism landscape, enabling providers in emerging markets to offer cutting-edge treatments and diagnostics. However, the market faces challenges as well. The lack of advanced infrastructure in some developing nations poses a significant obstacle, as it can impact the quality of care and patient safety. To capitalize on opportunities and navigate challenges effectively, companies must stay abreast of technological advancements and invest in building robust infrastructure to ensure the delivery of high-quality, safe, and effective healthcare services. By doing so, they can attract a growing number of patients seeking affordable, yet high-quality medical treatments.

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

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, driven by various dynamics and applications across numerous sectors. Healthcare technology adoption plays a significant role in medical tourism facilitation, enabling virtual consultations, treatment cost transparency, and digital health services. Global healthcare providers are increasingly adopting these technologies to cater to the growing demand for cross-border healthcare. Fertility treatment, cardiovascular care, and cosmetic surgery are popular medical tourism destinations, attracting patients from around the world. Sustainability in healthcare and wellness tourism are emerging trends, with an emphasis on cultural sensitivity and health outcomes. Post-treatment care and patient satisfaction are crucial factors in medical tourism competitiveness. Healthcare supply chain optimization, hospital accreditation, and healthcare infrastructure development are essential components of destination healthcare. Medical travel insurance, organ transplantation, and rehabilitation services are other key areas of focus. Patient advocacy and language interpretation are vital in ensuring seamless medical tourism experiences. Diagnostic imaging and medical technology are integral to healthcare value chains, while geriatric care and cancer treatment are critical areas of need. Healthcare data analytics and patient empowerment are driving innovation in medical tourism, enabling better decision-making and personalized care. Medical tourism regulations and healthcare quality standards continue to evolve, ensuring safe and effective care for international patients. Medical tourism packages offer comprehensive solutions, including transportation, accommodation, and language interpretation. Alternative medicine and healthcare marketing are also gaining popularity in medical tourism destinations. In conclusion, the market is a dynamic and evolving landscape, with ongoing activities and unfolding patterns shaping its future. From healthcare technology adoption to patient satisfaction, cultural sensitivity to healthcare infrastructure development, medical tourism continues to redefine the global healthcare landscape.

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. SourceDomesticInternationalService TypePrivatePublicTypeCardiovascular treatmentCosmetic treatmentFertility treatmentOrthopedics treatmentOthersGeographyNorth AmericaUSCanadaEuropeGermanyUKMiddle East and AfricaUAEAPACChinaIndiaSingaporeSouth KoreaRest of World (ROW).

By Source Insights

The domestic segment is estimated to witness significant growth during the forecast period.The market is experiencing significant growth between 2025 and 2029, with the domestic segment exhibiting noteworthy dynamics. Factors driving this trend include advancements in healthcare infrastructure and technology adoption. Domestic medical tourism is shifting towards providing specialized treatments and services catering to local populations, leading to increased patient satisfaction and loyalty. A key trend emerging in this sector is the integration of digital health solutions. Telemedicine platforms and electronic health records streamline patient experiences, reduce waiting times, and improve accessibility. Remote consultations

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 industry is projected to reach USD 278.2 billion in 2025 and grow to USD 890.4 billion by 2035, advancing at a CAGR of 10.4% from 2025 to 2035.

Attribute	Details
Current Medical Tourism Industry Size (2024A)	USD 248.2 Billion
Estimated Medical Tourism Industry Size (2025E)	USD 278.2 Billion
Projected Medical Tourism Industry Size (2035F)	USD 890.4 Billion
Value CAGR (2025 to 2035)	10.4%
Market Share of Top Players in 2024	~15%-20%

Growth of Wellbeing Tourism Industry vs. Medical Tourism Industry (2020 to 2035)

Wellbeing Tourism Industry	Medical Tourism Industry
2020: USD 660.0 billion (estimated)	2020: USD 157.9 billion (estimated)
2024: USD 755.1 billion (estimated)	2024: USD 248.2 billion (estimated)
2025: USD 800.0 billion (estimated)	2025: USD 278.2 billion (estimated)
2035: USD 1.2 trillion (projected)	2035: USD 890.4 billion (projected)
CAGR (2025 to 2035): 5.1%	CAGR (2025 to 2035): 10.4%

Global Medical Tourism Industry Performance by Domestic and International Patients (2024)

Countries	Domestic vs. International Patients (%)
United States	60% Domestic - 40% International
Mexico	70% Domestic - 30% International
Thailand	50% Domestic - 50% International
India	80% Domestic - 20% International
Singapore	55% Domestic - 45% International
Turkey	65% Domestic - 35% International
Malaysia	60% Domestic - 40% International
Brazil	75% Domestic - 25% International
South Korea	70% Domestic - 30% International
United Kingdom	50% Domestic - 50% International

Medical tourism was valued at ** billion U.S. dollars in 2024 and was forecast to reach a market size of over *** 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 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 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 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.

Metric	Value
Industry Size (2025E)	USD 118.7 billion
Industry Value (2035F)	USD 424.9 billion
CAGR (2025 to 2035)	13.6%

Country Wise Analysis

Country	CAGR (2025 to 2035)
Hungary	8.8%

Country	CAGR (2025 to 2035)
Singapore	16.6%

Country	CAGR (2025 to 2035)
India	17.4%

Country	CAGR (2025 to 2035)
Colombia	4.7%

Country	CAGR (2025 to 2035)
Thailand	18.6%

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.

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%

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.

Outbound Medical Tourism Services Market Outlook

The global market size for outbound medical tourism services is projected to significantly rise from USD 55 billion in 2023 to approximately USD 97 billion by 2032, with a compound annual growth rate (CAGR) of 6.5% during the forecasted period. This robust growth can be attributed to a combination of factors, including the increasing costs of healthcare services in developed countries, the expansion of quality healthcare services in emerging economies, and the growing awareness of cost-effective medical treatment options abroad. These factors, among others, are propelling the market forward, positioning it as a major segment within the broader healthcare and tourism industries.

One of the key growth factors driving the outbound medical tourism services market is the escalating healthcare costs in developed countries, particularly in North America and Europe. Patients in these regions are burdened by the high costs associated with medical procedures, insurance, and pharmaceutical products. As a result, a significant number of individuals are seeking affordable healthcare alternatives overseas, where they can receive the same or even better quality of care at a fraction of the cost. This trend is particularly evident in elective procedures such as dental, cosmetic, and fertility treatments, which are often not fully covered by insurance plans and therefore incentivize patients to consider outbound medical tourism.

Another critical driver for the outbound medical tourism services market is the advancement and accreditation of healthcare facilities in emerging economies. Countries such as India, Thailand, Mexico, and Turkey have become prominent destinations for medical tourists due to their state-of-the-art healthcare infrastructure and internationally accredited hospitals. These destinations offer a wide array of medical services, ranging from complex surgeries to wellness and preventative care, thus attracting a diverse group of patients from various parts of the world. Furthermore, these countries often have medical professionals trained in Western countries, ensuring high standards of care and comfort for international patients.

Technological advancements and the proliferation of digital platforms are also contributing to the growth of the outbound medical tourism market. The internet and social media have played a crucial role in disseminating information about medical tourism options, enabling patients to research and compare healthcare services across the globe. Additionally, telemedicine has made it more feasible for patients to communicate with foreign healthcare providers prior to traveling, allowing them to make informed decisions. The ease of communication and information access has thus reduced the barriers to engaging in medical tourism, further accelerating market growth.

Regionally, Asia Pacific remains the most sought-after destination for outbound medical tourism, thanks to its competitive pricing and quality healthcare services. Within this region, countries like India and Thailand are leading the charge due to their advanced medical technologies and cost-effective treatment options. Other regions such as Latin America are also witnessing significant growth, largely driven by proximity to North American patients who constitute a substantial portion of the market. In contrast, the Middle East and Africa are gradually emerging as new players, investing heavily in healthcare infrastructure to attract a share of the medical tourist populace. Europe maintains a steady flow of medical tourists due to its reputation for high-quality, albeit more expensive, healthcare services.

Service Type Analysis

The outbound medical tourism services market is broadly segmented by service type, encompassing surgical, dental, cosmetic, fertility, and other medical services. The surgical segment holds a substantial share of the market, driven by the demand for procedures such as orthopedic surgeries, cardiovascular surgeries, and organ transplants. Patients often seek these procedures abroad due to shorter waiting times and lower costs compared to their home countries. The availability of specialized surgical expertise in destination countries further enhances the appeal of medical tourism for surgical services. Additionally, pre- and post-operative care services are increasingly being tailored to meet the needs of international patients, contributing to the growth of this segment.

Dental services have emerged as a pivotal segment within the outbound medical tourism market. Procedures such as dental implants, veneers, and o

The Asia-Pacific Medical Tourism Market is projected to grow from USD 53.11 million in 2025 to USD 222.23 million by 2033, exhibiting a CAGR of 15.34% during the forecast period 2025-2033. The market growth is attributed to factors such as increasing healthcare costs in developed countries, availability of affordable and quality healthcare services in Asia-Pacific countries, rising disposable income, and government initiatives to promote medical tourism. Additionally, the region's strategic location and well-connected transportation infrastructure make it an attractive destination for medical tourists. The Asia-Pacific Medical Tourism Market is segmented based on treatment type, service provider, and region. By treatment type, the market is segmented into dental treatment, cosmetic treatment, cardiovascular treatment, orthopedic treatment, neurological treatment, cancer treatment, fertility treatment, and other treatments. By service provider, the market is segmented into public and private. By region, the market is segmented into China, Japan, South Korea, India, Australia, New Zealand, Indonesia, Malaysia, Singapore, Thailand, Vietnam, and the Philippines. Key players in the market include Aditya Birla Memorial Hospital, Mount Elizabeth Hospital, Bumrungrad International Hospital, Raffles Medical Group, Yanhee Hospital, Sunway Medical Centre, KPJ Healthcare Berhad, Apollo Hospital Enterprise Limited, Fortis Healthcare Limited, and Asian Heart Institute. Recent developments include: October 2022: Apollo Hospitals acquired a 60% stake in the Ayurveda hospital chain. Apollo Hospitals will use the primary investment to upgrade existing centers, set up new centers, strengthen enterprise platforms, and for digital health initiatives., May 2022: Fortis Healthcare planned to add around 1,500 new beds to its network to around 5,000 beds in the next three years.. Key drivers for this market are: Increasing Tourist Arrivals, Quality and Service Standards. Potential restraints include: Skill Shortages and Labor Costs, Regulatory Challenges and Administrative Burdens. Notable trends are: Increasing Demand for Affordable Healthcare (Oncology, Cardiovascular Diseases, and Cosmetic Surgery) is Driving the Market.

In 2023, about **** 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.

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.

Report Attributes	Details
Medical Tourism Revenue in Malaysia (2024E)	US$ 1.92 Billion
Forecasted Sales (2034F)	US$ 7.54 Billion
Demand Growth (2024 to 2034)	14.6% CAGR
Orthopedic Treatment Sales (2024E)	US$ 445.9 Million
Wellness Service Demand Growth (2024 to 2034)	13.4% CAGR
Key Companies Profiled	KPJ Healthcare Berhad LohGuanLye Specialists Centre Mahkota Medical Centre Dentalpro Group Sunway Medical Centre Prince Court Medical Centre Island Hospital

Category-wise Analysis

Attribute	Oncology
Segment Value (2024E)	US$ 489.2 Million
Growth Rate (2024 to 2034)	16.5% CAGR
Projected Value (2034F)	US$ 2.24 Billion

Attribute	Men
Segment Value (2024E)	US$ 1.18 Billion
Growth Rate (2024 to 2034)	14.8% CAGR
Projected Value (2034F)	US$ 4.70 Billion

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.

The global medical tourism market, valued at $79.15 billion in 2025, is projected to experience robust growth, driven by a compound annual growth rate (CAGR) of 18.41% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, the increasing affordability and accessibility of high-quality medical care in certain regions, particularly in developing countries, attract patients seeking cost-effective treatments. Secondly, advancements in medical technology and procedures, coupled with a rising prevalence of chronic diseases globally, create a significant demand for specialized treatments not readily available or affordable in every country. Finally, improved global connectivity and ease of travel facilitate the international movement of patients seeking medical services. This trend is further amplified by proactive marketing and specialized medical tourism packages offered by hospitals and agencies. However, the market also faces certain challenges. Regulatory hurdles and varying standards of care across different nations remain a concern for patients. Furthermore, the perceived risks associated with seeking treatment abroad, including potential language barriers and post-operative care issues, could act as a restraint. Despite these challenges, the market's growth trajectory suggests a strong potential for future expansion, particularly with continued advancements in medical technology and infrastructure improvements in key medical tourism destinations. Leading players such as MedRetreat, Healthbase, Apollo Hospitals, and Fortis Healthcare are strategically positioning themselves to capitalize on this burgeoning market by offering comprehensive services and specialized packages that address patient needs and concerns. The competitive landscape is dynamic, with established players and emerging providers vying for market share, leading to continuous improvements in quality, affordability, and patient experience. Recent developments include: February 2024: The governments of Thailand and Saudi Arabia entered a memorandum of understanding (MoU) to develop the medical tourism industry in both countries. As Thailand is a popular destination for seeking medical treatments for international patients, including Saudi Arabia, the developments in medical tourism in Thailand are expected to promote medical tourism in the country.January 2024: Parexel and the Japanese Foundation for Cancer Research (JFCR) strategically collaborated to accelerate the accessibility of oncology clinical trials in Japan and open wide opportunities for patients to participate in cancer research in Japan.. Key drivers for this market are: High Treatment Cost in Developed Countries, Availability of Latest Medical Technologies and High Quality of Service; Growing Compliance of International Quality Standards. Potential restraints include: High Treatment Cost in Developed Countries, Availability of Latest Medical Technologies and High Quality of Service; Growing Compliance of International Quality Standards. Notable trends are: Cosmetic Treatment Segment is Expected to Witness Significant Growth 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.

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%

Medical tourism has emerged as a significant industry, driven by the increasing demand for affordable and high-quality healthcare. With a global market size estimated to exceed XXX million in 2025, the industry is projected to register a CAGR of XX% over the forecast period 2025-2033. This growth is attributed to factors such as rising healthcare costs in developed countries, technological advancements, improved travel infrastructure, and increasing medical awareness. Key trends shaping the medical tourism industry include the expansion of specialized medical facilities, the adoption of telemedicine services, and the emergence of new destinations. North America and Europe currently dominate the market, followed by Asia Pacific and the Middle East & Africa. Leading companies in the industry include Pantai Holdings Berhad, KPJ Healthcare Berhad, Dentalpro, Prince Court Medical Centre, and Island Hospital, among others. Despite the promising growth prospects, challenges such as language barriers, differing medical practices, and concerns about patient safety can hinder the industry's progress. Nonetheless, the industry is expected to continue its upward trajectory, offering opportunities for healthcare providers, medical tourism agencies, and governments to capitalize on the growing demand for affordable and accessible healthcare.

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

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 3.97 billion as of 2024 and is on its way forward to cross USD 7.18 billion by 2034.

Attributes	Description
Estimated Global Turkey Medical Tourism Industry Size (2024E)	USD 3.97 billion
Projected Global Turkey Medical Tourism Industry Value (2034F)	USD 7.18 billion
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%