Medical Tourism Market Analysis

  • Report ID: 4508
  • Published Date: Sep 15, 2025
  • Report Format: PDF, PPT

Medical Tourism Market Segmentation:

Trade Segment Analysis

The merchant dominates the segment and is expected to hold the share value of 63.9% by 2035. The merchant model is driven by the privately-owned hospitals, clinics, and third-party medical tourism facilitators. The AHA in January 2025 reports 6,093 hospitals in the U.S. for 2025, of which 1,214 are investor-owned (for-profit) community hospitals, which can be considered merchant-based facilities. Most private providers, predominantly in India, Thailand, and Turkey, join international insurance networks and online booking platforms to reach outbound patients.

Purpose of Visit Segment Analysis

Curative medical treatment leads the purpose of visit segment and is expected to hold a considerable share value by 2035. Patients who go abroad for procedures like oncology therapy, cardiac surgeries, orthopedic procedures, and fertility treatments are the main drivers for this segment. As per the Centers for Disease Control and Prevention report, the excessive treatment expenses and delayed treatment in domestic nations are significant factors causing patients to find alternative sources for treatment. International travelers primarily target treatments for non-communicable diseases, especially cancer, cardiovascular disease, and complications of diabetes. Government assistance in these nations toward the establishment of medical excellence centers also facilitates this expansion.

Traveler Type Segment Analysis

In the traveler type segment, international outbound leads the segment and is anticipated to hold a significant share value by 2035. Traveling patients from industrialized countries, mainly the U.S., UK, Canada, Australia, and GCC, drive their travels with fewer expenses for treatments, less waiting time, and improved medical care abroad. The U.S. Department of Commerce report released in September 2023 depicts that nearly 24.6% people in the U.S. visited healthcare providers for medication. Outbound flows also boost international travel infrastructure and focused visa policies in leading medical tourism destinations.

Our in-depth analysis of the global medical tourism market includes the following segments:

Segment

Subsegments

Treatment Type

  • Cosmetic Surgery
    • Multi-specialty Hospitals
    • Specialty Clinics
    • Medical Tourism Facilitators
  • Dental Treatment
    • Specialty Clinics
    • Medical Tourism Facilitators
  • Cardiovascular Treatment
    • Multi-specialty Hospitals
    • Medical Tourism Facilitators
  • Orthopedic Surgery
    • Multi-specialty Hospitals
    • Medical Tourism Facilitators
  • Cancer Treatment
    • Multi-specialty Hospitals
    • Medical Tourism Facilitators
  • Fertility Treatment
    • Specialty Clinics
    • Medical Tourism Facilitators
  • Neurological Treatment
    • Multi-specialty Hospitals
    • Medical Tourism Facilitators
  • Bariatric Surgery
    • Multi-specialty Hospitals
    • Medical Tourism Facilitators
  • Organ Transplantation
    • Multi-specialty Hospitals
    • Medical Tourism Facilitators
  • Others
    • Multi-specialty Hospitals
    • Specialty Clinics
    • Medical Tourism Facilitators

Service Provider

  • Multi-specialty Hospitals
  • Specialty Clinics
  • Medical Tourism Facilitators

Designation Country

  • India
  • Thailand
  • Malaysia
  • Turkey
  • Mexico
  • Costa Rica
  • South Korea
  • Others

Traveler Type

  • International Outbound
    • Wellness and Preventive Care
    • Curative Medical Treatment
    • Rehabilitative Services
  • Intra-regional Cross-border
    • Wellness and Preventive Care
    • Curative Medical Treatment
    • Rehabilitative Services

Purpose of Visit

  • Wellness and Preventive Care
  • Curative Medical Treatment
  • Rehabilitative Services

Trade

  • Merchant
  • Captive

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In 2025, the industry size of medical tourism market is assessed at USD 53.3 billion.

Medical Tourism Market size was valued at USD 43.8 billion in 2025 and is projected to reach USD 316.7 billion by the end of 2035, rising at a CAGR of 21.9% during the forecast period, i.e., 2026-2035.

North America industry is predicted to account for the largest share of 26.7% by 2035, owing to the expansion in out-of-pocket healthcare costs and favorable bilateral treatment agreements in the region.

Key players in the market include Samitivej PCL, Apollo Hospitals Enterprise Ltd., Prince Court Medical Centre, Fortis Healthcare Limited, Barbados Fertility Center, Asian Heart Institute, Aditya Birla Health Services Ltd., KPJ Healthcare Berhad, NTT Medical Center Tokyo, Livonta Global Pvt. Ltd.
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