United States Medical Tourism Market

United States Medical Tourism Market Size and Share:

The United States medical tourism market size was valued at USD 29.5 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 49.9 Billion by 2033, exhibiting a CAGR of 6% from 2025-2033. The market is experiencing steady growth driven by advanced healthcare infrastructure, globally renowned medical institutions, and highly skilled professionals offering specialized treatments. Additionally, partnerships between healthcare providers and facilitators streamline travel and care coordination, while the demand for niche treatments and wellness-focused recovery options is further fueling market growth.

 The medical tourism market in the United States is majorly driven by the presence of advanced healthcare infrastructure, coupled with the latest medical technology. This positions the U.S. as a leader in delivering specialized treatments such as complex surgeries, oncology care, and cardiovascular procedures. Along with this, globally recognized healthcare institutions, renowned for their clinical excellence, provide an additional competitive edge, ensuring trust and reliability among international patients, further supporting the market growth. The U.S. healthcare reputation is also strengthened by the availability of highly skilled and board-certified medical professionals, which influences patients to seek superior medical outcomes. Additionally, in terms of robust regulatory standards, the country ensures quality and safety which is an essential factor for individuals seeking high-risk medical interventions abroad, further supporting market growth.

Cost considerations also play a significant role in driving the U.S. medical tourism market. While the U.S. is known for its high healthcare costs, it offers value for specific treatments, especially those unavailable or less advanced in other countries. Another key driver is the accessibility of cutting-edge clinical trials and innovative therapies, which draw patients seeking experimental or non-conventional treatment options. On 5^th March 2024, US-based health technology company Valo Health completed enrollment for its Phase II Spectra clinical trial of OPL-0401, an investigational oral treatment for diabetic retinopathy (DR). This randomized, placebo-controlled trial is aimed at measuring the therapy's potential benefits in subjects having moderately severe or severe NPDR or mild proliferative DR. The company will report top-line data from the Spectra study by the end of this year. OPL-0401 is a small molecule Rho kinase (ROCK) 1 and 2 inhibitor with safety and tolerability demonstrated in Phase I and II studies involving more than 200 healthy volunteers. Furthermore, streamlined travel processes, such as visa facilitation for medical purposes and the availability of concierge services, enhance the overall patient experience. The growing partnerships between healthcare providers and travel facilitators also contribute to the market’s expansion by offering comprehensive medical tourism packages. Furthermore, the increasing demand for wellness tourism, combining medical treatments with recuperation in the U.S.’s diverse locales, adds another dimension to the sector’s growth.

United States Medical Tourism Market Trends:

Expansion of specialized medical services

The United States medical tourism market is witnessing a significant expansion in the availability of specialized medical services that are advanced and cost-effective compared to other developed nations. This trend is driven by the presence of renowned specialists and state-of-the-art healthcare facilities that cater to complex medical procedures such as cardiac surgery, orthopedic surgery, and cosmetic surgeries. On 30^th October 2024, Atrium Health Levine Children's Hospital announced a major expansion of its pediatric intensive care services that, at completion, will house a total of 44 specialized beds across its newly renovated Ricky Hendrick Centers for Intensive Care, encompassing the Pediatric Intensive Care Unit and Cardiovascular Intensive Care Unit. This expansion more than doubles Levine Children's Hospital's prior critical care capacity, making it the state's largest provider of pediatric critical care beds and reinforcing its commitment to deliver world-class, life-saving care for children in the region. As healthcare costs continue to rise domestically, international patients are increasingly attracted to U.S. healthcare providers for these high-quality services at competitive prices. This is leading to partnerships between U.S. hospitals and international medical facilitators, enhancing the market's growth by improving accessibility and marketing to a global audience.

Integration of technology in patient care

Technology integration into healthcare, particularly through telemedicine and health informatics, is revolutionizing patient care in the U.S. medical tourism sector. U.S. medical institutions are leveraging these technologies to provide pre- and post-operative consultations via telehealth, which appeals to international patients by offering continuous care from a distance. Additionally, the use of Electronic Health Records (EHRs) enhances the efficiency of patient data management and enhances the confidence of medical tourists in the safety and quality of U.S. healthcare services. This technological adoption streamlines the healthcare process and also positions the U.S. as a leader in innovative medical tourism practices, attracting a broader base of international patients. On 17^th January 2024, Healthcare technology platform PointClickCare Technologies announced that it has acquired American HealthTech, Inc., a subsidiary of Computer Programs and Systems, Inc. and a leading provider of electronic health record solutions and related services for the post-acute care market. With PointClickCare, AHT care teams will have access to the data they need to collaborate and intervene proactively with patients at the point of care, helping to thrive in an increasingly changing market as patient needs become more complex.

Strategic marketing and alliances

The growing trend of strategic marketing initiatives and alliances by U.S. healthcare providers aimed at international markets is favoring market growth. Hospitals are actively engaging in direct marketing campaigns and participating in international health expos to increase their visibility among potential medical tourists. Furthermore, U.S. medical institutions are forming alliances with insurance companies and health tourism agencies abroad to facilitate the logistics of medical travel and insurance claims, making the U.S. a more attractive destination. These collaborative efforts are crucial in driving the growth of the market by simplifying the decision-making process for medical tourists and enhancing their experience in the country. On 19^th September 2024, Koç Healthcare and Mayo Clinic announced that two hospitals operated by Koç Healthcare, namely American Hospital and Koç University Hospital, have joined the Mayo Clinic Care Network, US, as the newest group of select healthcare organizations with special access to Mayo Clinic's knowledge and expertise. Mayos' past achievements and their pioneering efforts in diagnostic and therapeutic innovation for future applications inspired institutions to collaborate with them.

United States Medical Tourism Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the United States medical tourism market, along with forecasts at the country and regional levels from 2025-2033. The market has been categorized based on treatment type, and service provider.

Analysis by Treatment Type:

• Cosmetic Treatment
• Dental Treatment
• Cardiovascular Treatment
• Orthopaedic Treatment
• Bariatric Surgery
• Fertility Treatment
• Ophthalmic Treatment
• Others
   

Cosmetic treatments are highly in demand, with individuals traveling to the U.S. for the latest aesthetic treatments. On the contrary, dental treatments are also large, offering advanced technology and specialists in the field. Cardiovascular and orthopedic treatments are likewise a large sector, with cutting-edge interventions and surgery offered. Bariatric surgery in the U.S. stands out all over the world in the latest innovative treatment options within bariatric management. Moreover, fertility treatments face high demand, serving via advanced reproductive technologies. Additionally, the market is strong in ophthalmic treatments, which include surgeries for vision correction and other eye-related conditions.

Analysis by Service Provider:

• Public
• Private
   

The private sector is propelled by well-equipped hospitals with specialized services as well as personalized care, attracting patients globally to elective and other complex health procedures. Private facilities attract international medical tourism because they offer the latest technology, shorter waiting periods, and quality services.

On the other hand, the public sector complements the market by offering affordable care options as well as essential health services. These are essential in ensuring that holistic medical services are provided by engaging and collaborating with government efforts made to enhance the healthcare infrastructure and access. The interplay of the public and the private sectors, in general, makes a strong foundation for the U.S. market in accepting the various needs and preferences of patients.

Regional Analysis:

• Northeast
• Midwest
• South
• West
   

The Northeast is renowned for its prestigious medical institutions and specialized research facilities, attracting patients for advanced medical treatments.

The Midwest, with its cost-effective healthcare services, appeals to those seeking quality care at more affordable prices.

The South is notable for its rapid healthcare developments and accessibility to cutting-edge medical technologies, making it a growing hub for medical tourists.

Meanwhile, the West, particularly in states such as California, is a leader in innovative healthcare practices and holistic treatment options, drawing a diverse international clientele.

Competitive Landscape:

Key players in the global market are actively enhancing their services to attract a global clientele. Several companies are investing in state-of-the-art medical technology and expanding their specialties in areas such as cosmetic surgery, orthopedics, and cardiology to deliver cutting-edge treatments. Hospitals are partnering with international medical facilitators to streamline the process for overseas patients from scheduling appointments through arrangements to accommodations. In addition, some top healthcare providers in the United States are taking on international accreditations to enhance their reputation and reputation as premier medical destinations. The marketing approach is also changing, putting much focus on using digital media and platforms to reach target medical tourists, with full information on the available treatments, patients’ experiences, and virtual tours of facilities.

The report provides a comprehensive analysis of the competitive landscape in the United States medical tourism market with detailed profiles of all major companies.

Latest News and Developments:

• October 14, 2024: CHA Healthcare unveiled plans to extend the medical services of Hollywood CHA Hospital in Los Angeles, USA, to Guam, a U.S. territory, as part of a medical tourism partnership signed between Hollywood CHA Hospital, the Government of Guam, and insurance companies. Under the agreement, all departments of Hollywood CHA Hospital will be accessible to residents of Guam for high-quality medical service.

United States Medical Tourism Market Report Scope:

Key Benefits for Stakeholders:

• IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United States medical tourism market from 2019-2033.
• The research study provides the latest information on the market drivers, challenges, and opportunities in the United States medical tourism market.
• Porter's Five Forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United States medical tourism industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.