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    South Korea Medical Tourism Market

    ID: MRFR/HC/42414-HCR
    200 Pages
    Rahul Gotadki
    September 2025

    South Korea Medical Tourism Market Research Report By Type Outlook (Orthopedic/Spine Treatments, Oncology/Cancer Treatments, Cosmetic Treatments, Cardiovascular Treatments, Dental Treatments, Fertility/IVF Treatments, Others) - Forecast to 2035

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    South Korea Medical Tourism Market Research Report — Global Forecast till 2035 Infographic
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    South Korea Medical Tourism Market Summary

    The South Korea Medical Tourism market is projected to grow significantly, reaching 684.7 million USD by 2035.

    Key Market Trends & Highlights

    South Korea Medical Tourism Key Trends and Highlights

    • The market valuation for South Korea Medical Tourism is estimated at 272.5 million USD in 2024.
    • By 2035, the market is expected to expand to 684.7 million USD, indicating robust growth.
    • The compound annual growth rate (CAGR) for the period from 2025 to 2035 is projected at 8.74 percent.
    • Growing adoption of advanced medical technologies due to increasing healthcare accessibility is a major market driver.

    Market Size & Forecast

    2024 Market Size 272.5 (USD Million)
    2035 Market Size 684.7 (USD Million)
    CAGR (2025-2035) 8.74%

    Major Players

    Catholic University of Korea, Sungkyunkwan University Medical Center, National Cancer Center, Hallym University Medical Center, Daegu Catholic University Medical Center, Konkuk University Medical Center, Gachon University Gil Medical Center, Samsung Medical Center, Seoul National University Hospital, Inha University Hospital, Pusan National University Hospital, Yonsei University Health System, Korea University Anam Hospital, Asan Medical Center

    South Korea Medical Tourism Market Trends

    The South Korea Medical Tourism Market is experiencing notable expansion, propelled by several crucial factors such as the nation's sophisticated healthcare infrastructure, superior medical services, and affordable treatment alternatives in comparison to Western countries. South Korea is emerging as a favored location for a range of medical procedures, especially in fields like cosmetic surgery, dental care, and chronic disease treatments, thanks to its advanced hospitals and cutting-edge technology.

    The increasing interest in wellness and preventive healthcare significantly boosts South Korea's attractiveness as a destination for medical tourism. Potential avenues for exploration in this market involve broadening the spectrum of services available to accommodate international patients, as well as strengthening collaborative opportunities between healthcare providers and travel agencies. Furthermore, utilizing digital marketing techniques to connect with prospective patients worldwide can greatly enhance awareness of the medical services offered in South Korea. 

    Government initiatives that promote medical tourism by implementing favorable visa policies, such as visa exemptions for specific countries, contribute significantly to increasing the number of medical tourists. Recent trends indicate a consistent rise in the influx of international patients pursuing medical treatment in South Korea, with a significant focus on the necessity of post-treatment care and recovery services. The rise of telemedicine as a supplementary service enables healthcare providers to maintain relationships with patients even after they return to their home countries.

    This trend is particularly relevant in the context of the COVID-19 pandemic, which has altered how healthcare is delivered and experienced. Additionally, the integration of traditional medicine with modern healthcare practices is gaining traction, attracting a broader audience interested in holistic treatment approaches. Overall, South Korea presents a dynamic and growing landscape for medical tourism, marked by innovation and a commitment to high-quality patient care.

    Market Segment Insights

    South Korea Medical Tourism Market Segment Insights

    South Korea Medical Tourism Market Segment Insights

    Medical Tourism Market Type Outlook Insights

    Medical Tourism Market Type Outlook Insights

    The South Korea Medical Tourism Market has gained substantial traction, attributed to its diverse offerings catering to a variety of healthcare needs. The market's segmentation primarily revolves around specialized medical treatments, including Orthopedic/Spine Treatments, Oncology/Cancer Treatments, Cosmetic Treatments, Cardiovascular Treatments, Dental Treatments, Fertility/IVF Treatments, and others. South Korea is recognized for its advanced medical technologies and qualified healthcare professionals, making it an attractive destination for international patients seeking care.

    Orthopedic and spine treatments, which have gained considerable popularity, leverage cutting-edge surgical techniques and rehabilitation methods, showcasing South Korea's commitment to quality healthcare. The oncology sector also benefits from advanced cancer treatment options, including precise radiation therapy and innovative drug therapies, making it a significant draw for patients seeking comprehensive cancer care. Furthermore, cosmetic treatments have positioned South Korea as a global leader, with the country's reputation for high-quality aesthetic procedures attracting a considerable number of medical tourists.

    Cardiovascular treatments are critical as well, and they are supported by sophisticated healthcare infrastructure and cardiological expertise. Dental treatments present another strong segment, with facilities providing state-of-the-art services, often at competitive costs compared to Western countries. The emergence of Fertility and IVF treatments reflects South Korea's comprehensive approach to reproductive health, addressing the growing concerns of infertility among couples. Overall, the segmentation of the South Korea Medical Tourism Market demonstrates a rich tapestry of healthcare options that collectively drive the market's growth and solidify its standing as a key player in the global medical tourism industry.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Get more detailed insights about South Korea Medical Tourism Market Research Report — Global Forecast till 2035

    Key Players and Competitive Insights

    The South Korea Medical Tourism Market has emerged as a prominent player in the global healthcare landscape, attracting international patients seeking high-quality medical care combined with advanced technology and exceptional hospitality. This competitive market is characterized by a variety of healthcare providers and facilities that prioritize creating a seamless experience for patients from abroad. Key factors contributing to this market's competitiveness include the overall reputation of healthcare quality, affordability, and the presence of highly trained medical professionals. 

    The South Korean government has actively promoted medical tourism through health policies, investments in healthcare infrastructure, and marketing strategies aimed at international patients. Additionally, the accessibility of high-quality medical services encompassing various specialties like cosmetic surgery, oncology, and orthopedic treatments adds depth to the market's appeal, making it a significant contender on a global scale.

    Catholic University of Korea has established itself as a leading entity within the South Korea Medical Tourism Market, contributing to the country’s reputation as a medical tourism destination. The university operates a network of hospitals with a commitment to excellence in patient care and medical education. It benefits from strong research capabilities and collaborations with various healthcare institutions, enhancing its medical offerings. The institution provides a wide array of healthcare services tailored to the needs of international patients, ensuring that they receive personalized care.

    Additionally, the Catholic University of Korea’s emphasis on advanced medical technology and adherence to international healthcare standards positions it favorably against competitors in the region, allowing it to attract a steady stream of medical tourists.

    Sungkyunkwan University Medical Center is another prominent player in the South Korea Medical Tourism Market, recognized for its comprehensive healthcare services and cutting-edge medical technology. This medical center boasts a diverse range of offerings that include specialized treatment in areas such as orthopedics, urology, and cardiovascular health. Through an array of advanced diagnostic tools and treatment methods, Sungkyunkwan University Medical Center ensures patient safety and high success rates in procedures. 

    The institution is also known for its strong research initiatives and collaborations with other healthcare entities, which continuously enhance its service delivery. Its strategic focus on international patient services, including multilingual assistance and tailored treatment packages, contributes to its competitive edge. Recent mergers and partnerships have further expanded its market presence, allowing for greater accessibility of services to foreign patients and strengthening its role in the medical tourism sector within South Korea.

      • Key Companies in the South Korea Medical Tourism Market Include
      • Catholic University of Korea
      • Sungkyunkwan University Medical Center
      • National Cancer Center
      • Hallym University Medical Center
      • Daegu Catholic University Medical Center
      • Konkuk University Medical Center
      • Gachon University Gil Medical Center
      • Samsung Medical Center
      • Seoul National University Hospital
      • Inha University Hospital
      • Pusan National University Hospital
      • Yonsei University Health System
      • Korea University Anam Hospital
      • Asan Medical Center

    Key Companies in the South Korea Medical Tourism Market market include

    Industry Developments

    The South Korea Medical Tourism Market has witnessed significant recent developments, particularly following the easing of travel restrictions post-pandemic. The rise in inbound medical tourists has prompted institutions like the Samsung Medical Center and Asan Medical Center to enhance their global marketing strategies, attracting patients from countries such as Vietnam and China seeking advanced healthcare services. Notably, in June 2023, the National Cancer Center expanded its international patient services, aiming to improve access for foreign patients seeking specialized cancer treatments.

     Furthermore, the growth in the market valuation of institutions such as Seoul National University Hospital and Yonsei University Health System reflects a robust increase in medical tourism popularity, which has been bolstered by competitive pricing and high-quality medical services. In terms of mergers and acquisitions, no significant recent deals involving the aforementioned institutions have been publicly reported, though collaboration among universities and health centers continues to strengthen South Korea's position as a leading destination for medical tourism.

    The demand for cosmetic surgery, particularly in cities like Seoul, remains a driving force, with the market demonstrating resilience and adaptability in the face of global challenges.

    Market Segmentation

    Medical Tourism Market Type Outlook Insights

    • Key Companies in the South Korea Medical Tourism Market Include
    • Catholic University of Korea
    • Sungkyunkwan University Medical Center
    • National Cancer Center
    • Hallym University Medical Center
    • Daegu Catholic University Medical Center
    • Konkuk University Medical Center
    • Gachon University Gil Medical Center
    • Samsung Medical Center
    • Seoul National University Hospital
    • Inha University Hospital
    • Pusan National University Hospital
    • Yonsei University Health System
    • Korea University Anam Hospital
    • Asan Medical Center

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 247.5(USD Million)
    MARKET SIZE 2024 272.5(USD Million)
    MARKET SIZE 2035 684.72(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 8.737% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Catholic University of Korea, Sungkyunkwan University Medical Center, National Cancer Center, Hallym University Medical Center, Daegu Catholic University Medical Center, Konkuk University Medical Center, Gachon University Gil Medical Center, Samsung Medical Center, Seoul National University Hospital, Inha University Hospital, Pusan National University Hospital, Yonsei University Health System, Korea University Anam Hospital, Asan Medical Center
    SEGMENTS COVERED Type Outlook
    KEY MARKET OPPORTUNITIES Increased international patient influx, Advanced medical technology adoption, Competitive pricing for procedures, Specialized treatments for chronic illnesses, Wellness tourism integration with healthcare
    KEY MARKET DYNAMICS High-quality healthcare services, Affordable treatment costs, Advanced medical technology, Strong government support, Diverse treatment options
    COUNTRIES COVERED South Korea

    FAQs

    What is the expected market size of the South Korea Medical Tourism Market in 2024?

    The South Korea Medical Tourism Market is expected to be valued at 272.5 million USD in 2024.

    What will be the market size of the South Korea Medical Tourism Market by 2035?

    By 2035, the South Korea Medical Tourism Market is projected to reach a value of 684.72 million USD.

    What is the anticipated compound annual growth rate (CAGR) for the South Korea Medical Tourism Market from 2025 to 2035?

    The anticipated CAGR for the South Korea Medical Tourism Market from 2025 to 2035 is 8.737%.

    Which segment of the South Korea Medical Tourism Market is projected to have the highest value in 2035?

    The Cosmetic Treatments segment is projected to reach a value of 190 million USD in 2035.

    What are the market values for Orthopedic/Spine Treatments in the South Korea Medical Tourism Market for 2024 and 2035?

    Orthopedic/Spine Treatments are valued at 60 million USD in 2024 and 155 million USD in 2035.

    What are the key players operating in the South Korea Medical Tourism Market?

    Key players include Samsung Medical Center, Asan Medical Center, and Seoul National University Hospital.

    What will the market value for Oncology/Cancer Treatments be in 2024?

    Oncology/Cancer Treatments will be valued at 50 million USD in 2024.

    What factors are driving the growth of the South Korea Medical Tourism Market?

    Factors driving growth include advanced medical technologies and highly skilled healthcare professionals.

    What is the 2035 market value for Dental Treatments in the South Korea Medical Tourism Market?

    Dental Treatments are expected to reach 109.72 million USD by 2035.

    What impact may the current global scenario have on the South Korea Medical Tourism Market?

    Current global scenarios may pose challenges but also open avenues for innovation and adaptation in the market.

    Report Infographic
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