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PUBLISHER: Grand View Research | PRODUCT CODE: 1790122

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PUBLISHER: Grand View Research | PRODUCT CODE: 1790122

U.S. Medical Tourism Market Size, Share & Trends Analysis Report By Type (Inbound Medical Tourism, Outbound Medical Tourism), Consumer Behavior, Key Companies, Competitive Analysis, And Segment Forecasts, 2025 - 203

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U.S. Medical Tourism Market Size & Trends:

The U.S. medical tourism market size was estimated at USD 8.74 billion in 2024 and is projected to grow at a CAGR of 13.20% over the forecast period to reach an estimated value of USD 26.58 billion by 2033. The market has experienced significant growth in recent times, driven by the increasing presence of internationally accredited hospitals and the reputation for providing cutting-edge medical treatments. The growing emphasis on personalized and patient-centric care in U.S. healthcare facilities is significantly driving the medical tourism industry in the country.

Hospitals and clinics increasingly focus on tailored treatments to individual patient needs, providing personalized care plans, and enhancing the overall patient experience. This high-quality, patient-centered care is expected to witness high demand from international patients seeking an advanced and customized approach to their health.

The presence of internationally accredited hospitals in the U.S. is driving the growth of the inbound medical tourism. As global patients increasingly prioritize safety, quality, and transparency in their healthcare decisions, the U.S. has positioned itself as a preferred destination by offering facilities that meet stringent international standards. As per the 2023 report by The U.S. Cooperative for International Patient Programs (USCIPP), 60 different U.S. organizations assisted 47,002 international patients and reported gross revenue charges totaling USD 2.1 billion in a single fiscal year. Furthermore, hospitals accredited by globally recognized organizations such as Joint Commission International (JCI), Global Healthcare Accreditation (GHA), and DNV-GL stand out in a competitive medical tourism landscape, offering reassurance to patients regarding care quality and procedural integrity.

Moreover, the presence of internationally trained physicians plays a significant role in supporting the growth of the U.S. inbound medical tourism industry. These physicians, commonly referred to as International Medical Graduates (IMGs), comprise a substantial portion of the national medical workforce. According to The Hospitalist, in 2023, nearly 25 percent of active physicians in the U.S. were IMGs. These physicians originate from a wide range of countries, including India, Pakistan, and Nigeria, and bring with them diverse clinical expertise and multilingual capabilities. These qualities strengthen the clinical workforce and foster a culturally sensitive care environment that is especially valuable for international patients seeking personalized and familiar care experiences.

Furthermore, one of the primary drivers of outbound medical tourism from the U.S. is the exceptionally high cost of healthcare domestically. According to the Centers for Medicare & Medicaid Services (CMS), U.S. national health expenditures reached USD 4.5 trillion in 2022, averaging approximately USD 13,493 per person, accounting for about 17.3 percent of GDP. These figures underscore the steep financial burden of healthcare in the U.S.

Meanwhile, the U.S. Census Bureau reports that roughly 8 percent of the U.S. population remained uninsured in 2023, with a similar proportion, 92 percent, insured at some point during the year. Even those who are insured often encounter high deductibles, copayments, or coinsurance, making many vital treatments financially inaccessible.

U.S. Medical Tourism Market Report Segmentation

This report forecasts revenue growth, country level and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the U.S. medical tourism market report based on type.

  • Type Outlook (Revenue, USD Million, 2021 - 2033)
  • Inbound Medical Tourism
  • Outbound Medical Tourism
Product Code: GVR-4-68038-096-5

Table of Contents

Chapter 1 Methodology and Scope

  • 1.1 Market Segmentation & Scope
    • 1.1.1 Estimates and Forecast Timeline
  • 1.2 Research Methodology
    • 1.2.1 Information procurement
      • 1.2.1.1 Purchased database
    • 1.2.2 GVR's internal database
      • 1.2.2.1 Secondary sources
      • 1.2.2.2 Primary research
  • 1.3 Information or Data Analysis
    • 1.3.1 Data Analysis Models
  • 1.4 Market Formulation & Validation
  • 1.5 Model Details
    • 1.5.1 Bottom Up Approach
      • 1.5.1.1 Market Estimation Framework
        • 1.5.1.1.1. Pillar I - Secondary Research
        • 1.5.1.1.2. Pillar II - Primary Research
        • 1.5.1.1.3. Pillar III - Internal Benchmarking and Modeling
      • 1.5.1.2 Segmented Estimation Approach
        • 1.5.1.2.1. Inbound Medical Tourism Estimation
        • 1.5.1.2.2. Outbound Medical Tourism Estimation
      • 1.5.1.3 Forecasting Methodology (2025 - 2030)
  • 1.6 List of Secondary Sources
  • 1.7 List of Abbreviations
  • 1.8 Objectives
    • 1.8.1 Objective - 1
    • 1.8.2 Objective - 2
    • 1.8.3 Objective - 3

Chapter 2 Executive Summary

  • 2.1 Market Snapshot
  • 2.2 Market Segmentation
  • 2.3 Competitive Landscape

Chapter 3 U.S. Inbound Medical Tourism: Market Variables, Trends & Scope

  • 3.1 Market Lineage Outlook
    • 3.1.1 Parent Market Outlook
    • 3.1.2 Ancillary Market Outlook
  • 3.2 Market Dynamics
    • 3.2.1 Market Driver Analysis
      • 3.2.1.1 Presence of International Accreditation Hospitals
        • 3.2.1.1.1. Case Study: Impact of Hospital Accreditation on Medicare Patient Outcomes in the U.S.
      • 3.2.1.2 Presence of internationally trained physicians
        • 3.2.1.2.1. Case Study: Comparative Patient Outcomes Between U.S.-Trained and Foreign-Trained Physicians
      • 3.2.1.3 Access to Advanced Medical Technology and Treatments
    • 3.2.2 Market Restraint Analysis
      • 3.2.2.1 High Cost of Procedures
      • 3.2.2.2 Follow-Up Problems
    • 3.2.3 Market Opportunity Analysis
      • 3.2.3.1 Partnerships with International Insurers and Governments
    • 3.2.4 Market Challenges Analysis
      • 3.2.4.1 Visa and Immigration Barriers
  • 3.3 Business Environment Analysis Tools
    • 3.3.1 Porter's Five Forces Analysis
    • 3.3.2 PESTLE Analysis

Chapter 4 U.S. Inbound Medical Tourism Market Analysis

  • 4.1 U.S. Inbound Medical Tourism Market Estimates & Forecasts, 2018 to 2030 (USD Million)
    • 4.1.1 Regulatory & Reimbursement Scenario
      • 4.1.1.1 Regulatory Framework
      • 4.1.1.2 Reimbursement Scenario
    • 4.1.2 Inbound Treatments/Procedures Analysis, 2024 (Type of Procedures)
    • 4.1.3 Inbound Patient Analysis, 2024 (%) (Patient Origin)
    • 4.1.4 Inbound Patient Traffic Analysis, 2018 - 2030 (Number of Patients)
    • 4.1.5 Average Spend Per Patient, 2024

Chapter 5 Competitive Analysis

  • 5.1. Company Categorization
  • 5.2. Company Market Position Analysis
  • 5.3. Strategy Mapping
  • 5.4. Company Profiles/Listing
    • 5.1.1. Cleveland Clinic
      • 5.1.1.1. Overview
      • 5.1.1.2. Financial Performance
      • 5.1.1.3. Service Benchmarking
      • 5.1.1.4. Strategic Initiatives
    • 5.1.2. Mayo Clinic
      • 5.1.2.1. Overview
      • 5.1.2.2. Financial Performance
      • 5.1.2.3. Service Benchmarking
      • 5.1.2.4. Strategic Initiatives
    • 5.1.3. The Johns Hopkins Hospital
      • 5.1.3.1. Overview
      • 5.1.3.2. Financial Performance
      • 5.1.3.3. Service Benchmarking
      • 5.1.3.4. Strategic Initiatives
    • 5.1.4. Cedars-Sinai
      • 5.1.4.1. Overview
      • 5.1.4.2. Financial Performance
      • 5.1.4.3. Service Benchmarking
      • 5.1.4.4. Strategic Initiatives
    • 5.1.5. Massachusetts General Hospital
      • 5.1.5.1. Overview
      • 5.1.5.2. Financial Performance
      • 5.1.5.3. Service Benchmarking
      • 5.1.5.4. Strategic Initiatives
    • 5.1.6. UCSF Health
      • 5.1.6.1. Overview
      • 5.1.6.2. Financial Performance
      • 5.1.6.3. Service Benchmarking
      • 5.1.6.4. Strategic Initiatives
    • 5.1.7. NewYork-Presbyterian Hospital
      • 5.1.7.1. Overview
      • 5.1.7.2. Financial Performance
      • 5.1.7.3. Service Benchmarking
      • 5.1.7.4. Strategic Initiatives
    • 5.1.8. Ronald Reagan UCLA Medical Center
      • 5.1.8.1. Overview
      • 5.1.8.2. Financial Performance
      • 5.1.8.3. Service Benchmarking
      • 5.1.8.4. Strategic Initiatives
    • 5.1.9. Northwestern Memorial Hospital
      • 5.1.9.1. Overview
      • 5.1.9.2. Financial Performance
      • 5.1.9.3. Service Benchmarking
      • 5.1.9.4. Strategic Initiatives
    • 5.1.10. Stanford Health Care
      • 5.1.10.1. Overview
      • 5.1.10.2. Financial Performance
      • 5.1.10.3. Service Benchmarking
      • 5.1.10.4. Strategic Initiatives

Chapter 6 U.S. Outbound Medical Tourism: Market Variables, Trends & Scope

  • 6.1 Market Dynamics
    • 6.1.1 Market Driver Analysis
      • 6.1.1.1 High Cost of Medical Treatments
      • 6.1.1.2 Longer Waiting Time
      • 6.1.1.3 Limited Insurance Coverage for Some Procedures
    • 6.1.2 Market Restraint Analysis
      • 6.1.2.1 Medical Risks Associated with Medical Tourism
      • 6.1.2.2 Follow-Up Problems
    • 6.1.3 Market Opportunity Analysis
      • 6.1.3.1 Improved Quality and Infrastructure in Destination Countries
    • 6.1.4 Market Challenges Analysis
      • 6.1.4.1 Limited Legal Recourse and Liability Protection
  • 6.2 Business Environment Analysis Tools
    • 6.2.1 Porter's Five Forces Analysis
    • 6.2.2 PESTLE Analysis

Chapter 7 U.S. Outbound Medical Tourism Market Analysis

  • 7.1 U.S. Outbound Medical Tourism Market Estimates & Forecasts, 2018 to 2030 (USD Million)
      • 7.1.1.1 U.S. Outbound Medical Tourism market, 2018 - 2030 (USD Million)
  • 7.2 U.S. Outbound Medical Tourism Market Estimates & Forecasts, by Country, 2018 to 2030 (USD Million)
    • 7.2.1 Mexico
      • 7.2.1.1 Mexico Market, 2018 - 2030 (USD Million)
    • 7.2.2 Canada
      • 7.2.2.1 Canada Market, 2018 - 2030 (USD Million)
    • 7.2.3 India
      • 7.2.3.1 India Market, 2018 - 2030 (USD Million)
    • 7.2.4 Costa Rica
      • 7.2.4.1 Costa Rica Market, 2018 - 2030 (USD Million)
    • 7.2.5 Thailand
      • 7.2.5.1 Thailand Market, 2018 - 2030 (USD Million)
    • 7.2.6 Brazil
      • 7.2.6.1 Brazil Market, 2018 - 2030 (USD Million)
    • 7.2.7 Rest of World
      • 7.2.7.1 Rest of World Market, 2018 - 2030 (USD Million)
    • 7.2.8 Outbound Treatments/Procedures Analysis, 2024 (Type of Procedures)
    • 7.2.9 Outbound Patient Traffic Analysis, 2018 - 2030 (Number of Patients)

Chapter 8 U.S. Outbound Medical Tourism Market: Insurance Coverage

  • 8.1 Medicare Coverage for Outbound Medical Tourism: Qualitative Analysis
    • 8.1.1 Medicare Coverage for Healthcare Services in Foreign Hospitals
    • 8.1.2 Services Covered by Medicare
    • 8.1.3 Services Not Covered by Medicare
    • 8.1.4 Medicare Supplement Insurance (Medigap)
    • 8.1.5 Medicare Health Plans Other Than Original Medicare

Chapter 9 U.S. Outbound Medical Tourism Market: Strategic Framework

  • 9.1 Strategic Initiatives
  • 9.2 Partnerships & Collaborations Encouraging Outbound Medical Tourism
  • 9.3 Leading Non-U.S. Based International Hospitals Attracting U.S. Patients
Product Code: GVR-4-68038-096-5

List of Tables

  • TABLE 1 List of secondary sources
  • TABLE 2 List of abbreviations
  • TABLE 3 Average cardiovascular treatment price range comparison
  • TABLE 4 U.S. inbound patient traffic analysis, 2018 - 2030
  • TABLE 5 Approximate medical procedure cost comparison between the mentioned destinations (USD)
  • TABLE 6 Global JCI-accredited hospitals
  • TABLE 7 Savings comparison on medical procedures and travel times
  • TABLE 8 Average bariatric treatment price range comparison
  • TABLE 9 Average orthopedic treatment price range comparison
  • TABLE 10 Average cosmetic treatment price range comparison
  • TABLE 11 Average orthopedic treatment price range comparison with India
  • TABLE 12 Average orthopedic treatment price range comparison with Costa Rica
  • TABLE 13 U.S. average ophthalmology treatment price range comparison with Thailand
  • TABLE 14 U.S. average cosmetic treatment price range comparison with Brazil
  • TABLE 15 U.S. outbound patient traffic analysis, 2018 - 2030
  • TABLE 16 Leading non-U.S. based international hospitals

List of Figures

  • FIG. 1 Market segmentation
  • FIG. 2 Market research process
  • FIG. 3 Data triangulation techniques
  • FIG. 4 Primary research pattern
  • FIG. 5 Market research approaches
  • FIG. 6 Value chain-based sizing & forecasting
  • FIG. 7 Market formulation & validation
  • FIG. 8 Market snapshot
  • FIG. 9 Market segmentation
  • FIG. 10 Competitive landscape
  • FIG. 11 U.S. inbound medical tourism market dynamics
  • FIG. 12 Market driver relevance analysis (Current & future impact)
  • FIG. 13 Market restraint relevance analysis (Current & future impact)
  • FIG. 14 U.S. inbound medical tourism market: Porter's five forces analysis
  • FIG. 15 U.S. inbound medical tourism market: PESTLE analysis
  • FIG. 16 U.S. inbound medical tourism market estimates & forecasts, 2018 to 2030 (USD Million)
  • FIG. 17 U.S. inbound treatments/procedures analysis, 2024 (Type of procedures)
  • FIG. 18 U.S. inbound patient analysis, 2024 (%) (Patient origin)
  • FIG. 19 Company/competition categorization
  • FIG. 20 Company market position analysis
  • FIG. 21 Strategy mapping
  • FIG. 22 U.S. outbound medical tourism market dynamics
  • FIG. 23 Market driver relevance analysis (Current & future impact)
  • FIG. 24 Market restraint relevance analysis (Current & future impact)
  • FIG. 25 U.S. outbound medical tourism market: Porter's five forces analysis
  • FIG. 26 U.S. outbound medical tourism market: PESTLE analysis
  • FIG. 27 U.S. outbound medical tourism market, 2018 - 2030 (USD Million)
  • FIG. 28 Mexico market, 2018 - 2030 (USD Million)
  • FIG. 29 Canada market, 2018 - 2030 (USD Million)
  • FIG. 30 India market, 2018 - 2030 (USD Million)
  • FIG. 31 Costa Rica market, 2018 - 2030 (USD Million)
  • FIG. 32 Thailand market, 2018 - 2030 (USD Million)
  • FIG. 33 Brazil market, 2018 - 2030 (USD Million)
  • FIG. 34 Rest of World market, 2018 - 2030 (USD Million)
  • FIG. 35 U.S. outbound treatments/procedures analysis, 2024 (Type of procedures)
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