US Medical Tourism Market By Service Provider (Public and Private), By Service (Medical Treatment (Orthopedic & Spine Procedures, Oncology Procedures, Dental Procedures, Cardiac Procedures, and Others), Wellness Treatment (Rejuvenation Procedures, Cosmetic Procedures, and Others), and Alternative Treatment), Region and Companies – Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2025-2034

Report Overview

The US Medical Tourism Market Size is expected to be worth around US$ 41.0 billion by 2034 from US$ 6.2 billion in 2024, growing at a CAGR of 20.8% during the forecast period 2025 to 2034.

Rising healthcare costs and the demand for high-quality medical services are driving the growth of the US medical tourism market. Patients from across the globe seek advanced treatments, specialized procedures, and high-quality care in the US, particularly in areas such as cancer treatment, elective surgeries, fertility treatments, and cosmetic surgery. The growing affordability and accessibility of international travel, along with improved healthcare infrastructure, further contribute to the market’s expansion.

Many individuals are also drawn to the US for innovative treatments that may not be available in their home countries, particularly for complex or experimental medical procedures. In September 2023, the Malaysia Healthcare Travel Council (MHTC) finalized a strategic partnership with the US-based Mayo Foundation for Medical Education and Research (MFMER), aiming to enhance healthcare excellence through collaboration with Mayo Clinic Global Consulting. This partnership reflects the increasing recognition of the US healthcare system’s global reputation and expertise.

As medical tourism continues to grow, the demand for specialized healthcare services in the US offers significant opportunities for hospitals and clinics to expand their international patient bases. Additionally, advancements in telemedicine and digital health services are improving the accessibility and convenience of medical consultations, further attracting international patients. As patients seek both affordability and top-tier care, the US medical tourism market is poised to continue its upward trajectory, driven by opportunities in medical innovation, personalized care, and accessible international travel.

Key Takeaways

• In 2023, the market for US medical tourism generated a revenue of US$ 6.2 billion, with a CAGR of 20.8%, and is expected to reach US$ 41.0 billion by the year 2033.
• The service provider segment is divided into public and private, with private taking the lead in 2023 with a market share of 58.6%.
• Considering service, the market is divided into medical treatment, wellness treatment, and alternative treatment. Among these, medical treatment held a significant share of 52.3%.

Service Provider Analysis

The private segment led in 2023, claiming a market share of 58.6% as patients increasingly seek high-quality healthcare services in private healthcare settings. Rising healthcare costs and long waiting times in public systems are anticipated to push more patients toward private healthcare providers, both within the US and internationally. The availability of personalized care, advanced medical technologies, and shorter waiting periods are likely to drive demand for private healthcare services.

Additionally, as the global demand for elective procedures, cosmetic surgeries, and specialized treatments increases, private hospitals and clinics are projected to attract a larger share of medical tourists. The increasing focus on patient comfort and privacy in private healthcare settings is expected to further fuel the growth of this segment, making private providers a key player in the medical tourism industry.

Service Analysis

The medical treatment held a significant share of 52.3% due to the rising demand for advanced medical procedures not readily available or affordable in other countries. The increasing prevalence of chronic diseases and complex medical conditions is expected to boost the need for specialized treatments, such as cancer therapy, organ transplants, and orthopedic surgeries.

Patients from countries with limited healthcare infrastructure are likely to seek treatment in the US for these high-demand services. Additionally, the growing trend of medical tourism for life-saving surgeries and complex diagnostic procedures is projected to propel market growth. As the US continues to be a leader in medical innovations and advanced healthcare technologies, the medical treatment segment is expected to maintain strong growth, attracting both domestic and international patients.

Key Market Segments

By Service Provider

• Public
• Private

By Service

• Medical Treatment
  • Orthopedic & Spine Procedures
  • Oncology Procedures
  • Dental Procedures
  • Cardiac Procedures
  • Others
• Wellness Treatment
  • Rejuvenation Procedures
  • Cosmetic Procedures
  • Others
• Alternative Treatment

Drivers

Access to advanced medical treatments and specialized care is driving the market

Access to advanced medical treatments and specialized care is driving the US medical tourism market. Patients from around the world seek treatment in the US for complex medical conditions and procedures that may not be available or as advanced in their home countries. The reputation of leading US hospitals and medical centers for cutting-edge technology, specialized expertise, and high-quality outcomes attracts international patients.

These individuals often travel for procedures such as complex surgeries, cancer treatments, and specialized therapies. The US Department of Commerce reported that spending on medical, education, and short-term worker expenditures by international visitors accounted for 25% of total US travel and tourism exports in January 2024, indicating a significant economic contribution from these categories, which include medical travel.

Restraints

The high cost of healthcare in the US is restraining the market

The high cost of healthcare in the US is restraining the US medical tourism market. Medical treatment costs in the United States are considerably higher when compared to many other countries, posing a significant financial barrier for potential medical tourists, even those seeking advanced care. The cost of procedures, hospital stays, physician fees, and related expenses can be prohibitive, leading many patients to seek equally effective, yet more affordable, treatment options elsewhere.

While some patients prioritize access to advanced care regardless of cost, the substantial price difference remains a major deterrent for a significant portion of the global population. According to KFF data, the national average cost for a single overnight hospital stay in the United States was approximately US$3,025 per day in 2022, illustrating the high baseline cost of inpatient care.

Opportunities

Growing demand for complex and specialized procedures globally is creating growth opportunities

Growing demand for complex and specialized procedures globally is creating growth opportunities in the US medical tourism market. As healthcare infrastructure and capabilities improve in many countries, the prevalence of complex and chronic diseases requiring highly specialized medical interventions is also increasing worldwide.

Patients facing challenging diagnoses or requiring intricate surgical procedures often look to centers of excellence with proven track records and access to the latest technologies. US medical institutions are well-positioned to cater to this demand for high-acuity care. The National Institutes of Health (NIH) continues to fund research into advanced medical treatments, with a budget exceeding US$ 49 billion in fiscal year 2023, highlighting ongoing innovation in the US that attracts patients with complex needs.

Impact of Macroeconomic / Geopolitical Factors

Macroeconomic and geopolitical factors significantly influence the US medical tourism market. Currency exchange rates play a critical role; a stronger US dollar makes healthcare in the US more expensive for patients from countries with weaker currencies, potentially reducing the number of visitors seeking medical treatment. Global economic downturns can decrease disposable income and limit access to financing for medical travel.

Geopolitical instability or conflicts in potential source countries can disrupt travel, impact patient safety perceptions, and create uncertainty, deterring individuals from seeking care abroad. The US Department of Commerce reported that total spending on travel and tourism by international visitors increased by nearly 29% in 2023 compared to 2022, indicating a recovery in international travel which broadly supports the potential for growth in medical tourism as economic conditions improve globally.

Current US tariff policies have a less direct, but still relevant, impact on the US medical tourism market. While tariffs do not apply directly to healthcare services provided to international patients, duties on imported medical equipment, supplies, and pharmaceuticals can increase operating costs for US hospitals and clinics. These increased costs can indirectly influence the overall pricing of healthcare services, potentially making treatment in the US even more expensive for medical tourists.

For example, reports in April 2025 indicated that US tariffs could impact healthcare industry costs, partly due to reliance on imported medical devices and supplies. However, efforts to strengthen domestic manufacturing and supply chains, potentially spurred by these tariffs, could lead to greater stability and predictability in the cost of medical inputs over time, ultimately benefiting healthcare providers and potentially mitigating some cost pressures on international patients in the future.

Latest Trends

Increased focus on enhancing patient experience and international services by US hospitals is creating growth opportunities

Increased focus on enhancing patient experience and international services by US hospitals is creating growth opportunities in the US medical tourism market. Recognizing the potential of attracting international patients, a growing number of US hospitals and health systems are investing in dedicated international patient centers and services.

These services often include multilingual staff, assistance with travel and accommodation, concierge services, and streamlined appointment scheduling to cater specifically to the needs of medical tourists and their families. This focus on providing a welcoming and supportive environment aims to attract patients seeking not only high-quality medical care but also a comfortable and convenient experience, thereby driving the market.

Key Players Analysis

Key players in the US medical tourism market employ various strategies to drive growth, including forming strategic partnerships, expanding service offerings, and enhancing patient experience. They collaborate with international healthcare providers and tourism agencies to facilitate seamless travel and treatment coordination for patients. These organizations also focus on offering specialized treatments, such as complex surgeries and advanced cancer therapies, to attract medical tourists seeking high-quality care.

Additionally, they invest in digital platforms and marketing campaigns to reach a broader audience and streamline the booking process. By maintaining high standards of care and accreditation, they build trust and credibility among international patients. Cleveland Clinic is a leading institution in the US medical tourism sector, renowned for its expertise in cardiology, neurology, and other specialized fields.

The clinic has expanded its global reach by establishing international offices and partnerships, facilitating access to its services for patients worldwide. Through initiatives like the Cleveland Clinic Global Patient Services, the institution offers personalized assistance, including travel arrangements and language support, to ensure a smooth experience for medical tourists. Cleveland Clinic’s commitment to excellence and patient-centered care has solidified its position as a top destination for medical travelers seeking advanced treatments.

Top Key Players in the US Medical Tourism Market

• UCSF Health
• The Johns Hopkins Hospital
• Ronald Regan UCLA Medical Center
• Northwestern Memorial Hospital
• Mayo Clinic
• Massachusetts General Hospital
• Cleveland Clinic
• Cedars-Sinai

Recent Developments

• In April 2023, the Mayo Foundation for Medical Education and Research (MFMER) broadened its global presence by launching a new patient referral office in emerging markets like India. This office will assist patients seeking medical treatment at Mayo Clinic’s US locations or at Mayo Clinic Healthcare in London.
• In August 2022, Cedars-Sinai and its affiliate, Elegancia Healthcare in Qatar, a subsidiary of Estithmar Holding Q.P.S.C., unveiled The View, a cutting-edge hospital symbolizing their shared dedication to delivering high-quality healthcare services.

Report Scope