Medical Tourism Market Outlook:
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. In 2025, the industry size of medical tourism is assessed at USD 53.3 billion.
The global medical tourism market is driven by a rising international patient pool in cross broader treatment-seeking patients. The market is also fueled due to high domestic medical expenditures and lengthy wait periods, the U.S., Canada, and Western Europe are the main sources of inbound patients, while outbound medical flows are focused on nations like India, Thailand, and Malaysia. As per the Healthy System Tracker data published in August 2025, the U.S. healthcare expenditure is expected to reach USD 5.6 trillion in 2025. This drives more patients to affordable and cost-effective treatment offshore. The market demand relies on cardiac care, fertility treatment, cosmetic procedures, and oncology.
On the supply chain side, advanced drug and device production, cross-border shipping, hospital facilities, and personnel are involved. Medical implants and APIs for surgical, diagnostic, and rehabilitation applications are exported from the U.S., Germany, and Japan to the lead market. The DDNews report in August 2025 states that India is witnessing a surge in medical tourism with 1.31 lakh patients arriving from other countries as India, Singapore, and South Korea developed clinical R&D in the market to reduce development-to-deployment times for cutting-edge therapies.
