The U.S. Medical Tourism Market size is anticipated to reach USD 18.21 billion by 2030 and is anticipated to expand at a CAGR of 13.02% from 2024 to 2030, according to a new report by Grand View Research, Inc. 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.
Moreover, American
patients are increasingly traveling to international destinations for various
medical procedures, including elective surgeries, dental care, and cosmetic treatments.
International medical providers are responding to this demand by offering
comprehensive healthcare packages that include medical treatments, travel
arrangements, accommodation, and concierge services. These all-inclusive
packages simplify the patient process, making it easier to manage their medical
journey and ensuring a smooth and supportive experience.
List of Key
Players in the U.S. Medical Tourism Market
- The Johns Hopkins Hospital
- Mayo Clinic
- Cleveland Clinic
- Cedars-Sinai
- Massachusetts General Hospital
- UCSF Health
- NewYork-Presbyterian Hospital
- Brigham and Women's Hospital
- Ronald Regan UCLA Medical Center
- Northwestern Memorial Hospital
Related Press Release@ U.S. Medical Tourism Market Report
U.S. Medical
Tourism Market Report Highlights
- The inbound medical tourism segment dominated the
market with a revenue share of 50.63% in 2023 and is expected to grow at
the fastest CAGR over the forecast period. The segment's growth is
attributed to the presence of accredited hospitals and specialized centers
ensuring high-quality, reliable healthcare that appeals to patients
seeking top-tier medical services..
- The outbound medical tourism segment is expected to
witness significant growth over the forecast period. This is attributed to
the rising healthcare costs in the U.S. & demand for affordable &
accessible medical treatments with low waiting times.
U.S. Medical Tourism Market
Report Scope
|
Report Attribute |
Details |
|
Market
size value in 2024 |
USD 8.74
billion |
|
Revenue
forecast in 2030 |
USD 18.21
billion |
|
Growth
rate |
CAGR of
13.02% from 2024 to 2030 |
|
Actual
data |
2018 -
2023 |
|
Forecast period |
2024 - 2030 |
U.S. Medical
Tourism Market Segmentation
Grand View
Research has segmented the U.S. medical tourism market based on type:
U.S. Medical
Tourism Type Outlook (Revenue, USD Million, 2018 - 2030)
- Inbound Medical Tourism
- Outbound Medical Tourism
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About Us:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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