Press release
Medical Tourism Market is expected to reach US$ 230.35 billion by 2033 | Top key players - Raffles Medical Group, Medobal, Bookimed, RealSelf, Inc.
Medical Tourism Market
The Global Medical Tourism Market size reached US$ 47.09 billion in 2024 and is expected to reach US$ 230.35 billion by 2033, growing at a CAGR of 19.4% during the forecast period 2025-2033.
Medical Tourism Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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The Medical Tourism Market refers to the global industry where individuals travel across international borders to access medical care, surgeries, or wellness treatments, often at lower costs or with shorter waiting times. It includes elective procedures, specialized surgeries, dental care, fertility treatments, and alternative therapies, driven by affordability, quality healthcare, advanced technologies, and growing patient mobility worldwide.
Recent Key Developments of USA and Japan:
USA:
August 2025: High healthcare costs and long wait times in the US continue to drive patients to seek more affordable and faster care abroad. Dental, cosmetic, and fertility treatments remain the most popular procedures.
August 2025: The CDC Yellow Book continues to advise on the risks of medical tourism, including infection and post-operative complications.
Japan:
September 2025: Kameda Medical Center is expanding its medical tourism strategy for 2025-2032, highlighting short wait times, high safety standards, and Japanese hospitality ("Omotenashi"). They are also focusing on strategic partnerships with overseas hospitals for continuity of care.
June 2025: The Japanese government is re-evaluating the need for legal regulation of ethically problematic medical practices, such as infertility and transplant treatment, to balance growth in medical tourism with ethical standards.
Market Key Players:
Raffles Medical Group
Medobal
Bookimed
RealSelf, Inc.
KPJ Healthcare Berhad
Japan Dream Tour Co., Ltd.
JTB Corp.
SilaMed e.K.
Medibliss Tours Limited
American Medical Care.
Growth Forecast Projected:
The Global Medical Tourism Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Medical Tourism Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Market Segmentation:
By Type: International Medical Tourism, Domestic Medical Tourism.
By Treatment: Medical Treatment, Wellness and Rejuvenation, Cures Through Traditional Systems of Medicines.
Regional Analysis:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ How big is the Medical Tourism market?
➠ Who are the key players in the Medical Tourism market?
➠ What is the projected growth rate of the Medical Tourism market?
➠ What is the market forecast for the Medical Tourism industry by 2033?
➠ Which region is estimated to dominate the Medical Tourism market through the forecast period?
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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