The Philippines medical tourism market was valued at USD 1.41 Billion in 2025, driven by growing aging populations and high healthcare costs in developed countries. The market is anticipated to grow at a CAGR of 12.20% during the forecast period of 2026-2035, with the values likely to reach USD 4.46 Billion by 2035. The market growth is driven by the availability of more affordable compared to those in Western countries such as the United States, United Kingdom, and Australia.
Base Year
Historical Period
Forecast Period
One of the major market trends include enhancing its medical tourism sector by integrating holistic wellness and travel experiences. In May 2024, the Department of Tourism (DOT) launched the Filipino Brand of Wellness module, equipping tourism stakeholders and local communities to deliver world-class wellness experiences.
This market growth is driven by the availability of world-class yet affordable healthcare, and the country’s reputation for warm hospitality.
The market demand is fueled by the increasing aging populations and rising healthcare expenses in developed countries.
Compound Annual Growth Rate
12.2%
Value in USD Billion
2026-2035
*this image is indicative*
According to Filipino Tourism Secretary Christina Frasco, the Philippines currently ranks 3rd in Southeast Asia in medical tourism, a position that reflects not just its quality of care but also the natural beauty and cultural richness of its destinations. Globally, the country ranks in the top 20 medical tourism destinations, underscoring its growing appeal on the international stage. Filipino healthcare professionals are highly skilled, with many trained abroad, and most are fluent in English, making communication seamless for international patients. The market continues to grow, driven by a combination of affordable yet high-quality healthcare services and the country’s unique cultural and environmental offerings.
An Influx of Foreign Investment to Drive Market Growth
A key driver of growth in the Philippine medical tourism sector is the increasing interest from foreign investors, particularly in healthcare infrastructure and services. For instance, in September 2024, the Department of Trade and Industry (DTI) met with representatives of Marubeni Corporation, a major Japanese conglomerate, to explore further investment opportunities in the country. Marubeni, a long-time investor in the Philippines, reaffirmed its commitment to expanding its footprint, especially in the healthcare sector. Notably, the company has invested in Medi Linx, a state-of-the-art centralized clinical laboratory that utilizes advanced Japanese medical technology, and Conceive IVF Manila Inc., which focuses on reproductive health and fertility services. These investments highlight a broader trend of foreign capital flowing into the Philippine healthcare industry, supporting the development of modern facilities and specialized services that cater to both local and international patients.
Some of the notable market trends include a surge in government initiatives, strategic partnerships, and improvement in infrastructure to support the latest technologies.
The market report offers a detailed analysis of the market based on the following segments:
Market Breakup by Treatment Type
Market Breakup by Service Provider
Private Healthcare Facilities to Lead the Market Share by Service Provider
The market is shaped by a dual-provider system, with services delivered through both public and private healthcare institutions. Based on recent trends, the private sector dominates in terms of catering to international medical tourists. Private hospitals and clinics are at the forefront of the industry, offering a wide range of specialized medical services, including cosmetic surgery, dental care, fertility treatments, orthopedic procedures, and wellness packages. These institutions have attracted significant investments from private equity firms and foreign entities in recent years. The private sector also benefits from being able to offer concierge-style services, personalized care, and English-speaking staff—features that are especially attractive to foreign patients. With its ability to modernize facilities, expand service offerings, and maintain high service quality, the private healthcare system has become the primary engine behind the Philippines’ medical tourism industry, contributing the bulk of revenue in this space.
The key features of the market report comprise funding and investment analysis, and strategic initiatives by the leading players. The major companies in the market are as follows:
Established in 2008 and headquartered in the Philippines, H&L is a premier medical travel and wellness tourism integrator. It offers comprehensive services, including medical coordination, travel arrangements, and post-treatment care, promoting the Philippines as a top healthcare destination. H&L partners with accredited hospitals and clinics nationwide to offer patients safe and affordable treatment in fields like dentistry, cosmetic surgery, and preventive care. It also promotes post-treatment recovery in scenic locations, enhancing the overall wellness experience.
Established in 2017, Al Afiya works with top-tier hospitals and expert physicians in areas like cardiology, oncology, orthopedics, and transplant surgery. It aims to make high-quality healthcare accessible and affordable by bridging the gap between international patients and Indian healthcare institutions. Their growing outreach in Southeast Asia, including the Philippines, reflects their focus on emerging medical tourism markets.
Founded in 2016, Tapscott Health Inc. is a medical tourism facilitator based in the Philippines, serving international visitors and returning overseas Filipinos. THI offers a network of hospitals, outpatient clinics, and specialists, ensuring seamless access to healthcare services in the country. Their portfolio includes diagnostics, surgery, wellness programs, and personalized treatment plans. The company provides logistical support including medical coordination, travel assistance, and aftercare. Tapscott Health emphasizes patient-centered care and local partnerships to create trusted, high-quality healthcare experiences. Its mission is to make the Philippines a preferred destination for affordable and reliable medical and wellness services across Asia-Pacific.
The Medical City, founded in 1964, is a leading healthcare institution headquartered in Pasig City, Metro Manila. With over 50 years of experience, TMC has grown into the Philippines’ largest healthcare network, comprising a flagship hospital, four provincial hospitals, and over 50 clinics nationwide. TMC offers a comprehensive range of services, including advanced treatments in cardiology, oncology, organ transplantation, regenerative medicine, and aesthetics. It is internationally accredited and serves both local and foreign patients. The hospital has a dedicated International Patient Services unit, ensuring personalized care for medical tourists. TMC plays a central role in boosting the Philippines' medical tourism reputation.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other players in the market include MedicalTourism.com, and World&Schedule, among others.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Treatment Type |
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| Breakup by Service Provider |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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