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Travel Medical Assistance Market Size, Share and Forecast 2026-2036

The global travel medical assistance market is worth USD 9.6 bn in 2026 and is forecast to reach USD 18.9 bn by 2036, growing at a 7.0% CAGR. United States is the largest country market and Emergency medical expenses is the largest by coverage segment.

USD 9.6 bnMarket size 2026
USD 18.9 bnForecast 2036
7.0%CAGR 2026-2036
United StatesLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

Market overview

The global travel medical assistance market is worth USD 9.6 bn in 2026 and is forecast to reach USD 18.9 bn by 2036, growing at a 7.0% CAGR. United States is the largest country market and Emergency medical expenses is the largest by coverage segment.

ScopeEmergency medical assistance and travel medical cover for international trips: hospital payment guarantees, medical evacuation coordination, 24-hour helplines and travel medical plans.
IndustryTravel and Tourism
Value 2025USD 9.0 bn
Value 2026USD 9.6 bn
Value 2036USD 18.9 bn
CAGR 2026-20367.0%
Volume 2026313 million policies
Volume 2036481 million policies
Average price 2026USD 30.8 per policie
Report priceStarts from USD 1,999
PublishedNovember 2026

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Travel Medical Assistance market size and forecast, 2026-2036

Exhibit 1The global travel medical assistance market is forecast to grow from USD 9.6 bn in 2026 to USD 18.9 bn by 2036, a rise of 97%Global market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 7.0%
Travel Medical Assistance market value, 2025 to 2036Market value by year. 2025: USD 9.0 bn; 2026: USD 9.6 bn; 2027: USD 10.3 bn; 2028: USD 11.0 bn; 2029: USD 11.8 bn; 2030: USD 12.6 bn; 2031: USD 13.5 bn; 2032: USD 14.5 bn; 2033: USD 15.5 bn; 2034: USD 16.5 bn; 2035: USD 17.7 bn; 2036: USD 18.9 bn. Compound annual growth rate 2026 to 2036: 7.0%.20259.6 bn202613.5 bn203118.9 bn20367.0% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 9.6 bn
2027USD 10.3 bn
2028USD 11.0 bn
2029USD 11.8 bn
2030USD 12.6 bn
2031USD 13.5 bn
2032USD 14.5 bn
2033USD 15.5 bn
2034USD 16.5 bn
2035USD 17.7 bn
2036USD 18.9 bn

Travel Medical Assistance market segmentation

By coverage

Exhibit 2Emergency medical expenses is the largest segment by coverage, with 46.0% of 2026 revenueEstimated share of 2026 global revenue, by coverage
Travel Medical Assistance market share by coverage, 2026Share of 2026 revenue by coverage. Emergency medical expenses: 46.0%; Medical evacuation and repatriation: 24.0%; 24-hour assistance services: 20.0%; Add-on benefits: 10.0%.Emergency medical expenses46.0%Medical evacuation and repatriation24.0%24-hour assistance services20.0%Add-on benefits10.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Emergency medical expenses46.0%44.1%USD 4.4 bn6.5%
Medical evacuation and repatriation24.0%25.3%USD 2.3 bn7.5%
24-hour assistance services20.0%20.1%USD 1.9 bn7.0%
Add-on benefits10.0%10.5%USD 963 mn7.5%

By traveller type

Exhibit 3Leisure travellers adds the most revenue by traveller type, growing from USD 5.0 bn in 2026 to USD 9.4 bn by 2036Estimated revenue in USD by traveller type, 2026 and 2036 forecast
Travel Medical Assistance market by traveller type, 2026 and 2036Revenue by traveller type in 2026 and 2036. Leisure travellers: USD 5.0 bn in 2026, USD 9.4 bn in 2036, change +88%; Business travellers: USD 2.1 bn in 2026, USD 4.0 bn in 2036, change +88%; Inbound visa-related cover: USD 1.3 bn in 2026, USD 2.9 bn in 2036, change +116%; Students and long-stay: USD 1.2 bn in 2026, USD 2.6 bn in 2036, change +127%.20262036 forecastChangeLeisure travellers+88%5.0 bn9.4 bnBusiness travellers+88%2.1 bn4.0 bnInbound visa-related cover+116%1.3 bn2.9 bnStudents and long-stay+127%1.2 bn2.6 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Leisure travellers52.0%49.7%USD 5.0 bn6.5%
Business travellers22.0%21.0%USD 2.1 bn6.5%
Students and long-stay12.0%13.8%USD 1.2 bn8.5%
Inbound visa-related cover14.0%15.4%USD 1.3 bn8.0%

By service delivery

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Hospital payment guarantee36.0%31.0%USD 3.5 bn5.4%
Telemedicine consultations14.0%22.0%USD 1.3 bn11.9%
Clinic and outpatient network24.0%24.0%USD 2.3 bn7.0%
Air ambulance and transport16.0%14.0%USD 1.5 bn5.6%
Medical escort10.0%9.0%USD 963 mn5.9%

By trip duration

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Up to 7 days38.0%35.0%USD 3.7 bn6.1%
8 to 30 days36.0%35.0%USD 3.5 bn6.7%
31 to 90 days14.0%16.0%USD 1.3 bn8.4%
Over 90 days12.0%14.0%USD 1.2 bn8.7%

By sales channel

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Insurers34.0%30.0%USD 3.3 bn5.7%
Assistance companies direct22.0%22.0%USD 2.1 bn7.0%
Cards and banks16.0%16.0%USD 1.5 bn7.0%
Travel agencies and platforms18.0%21.0%USD 1.7 bn8.7%
Employers10.0%11.0%USD 963 mn8.0%

Top 25 countries for travel medical assistance by revenue

Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 77.0% of 2026 revenue and the 25 countries below together hold 93.1%.

Exhibit 4United States is the largest country market at USD 2.7 bn in 2026, and the three largest countries hold 45.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Travel Medical Assistance market, ten largest countries in 2026Ten largest countries by 2026 revenue. United States: USD 2.7 bn, 28.0%; Germany: USD 867 mn, 9.0%; United Kingdom: USD 770 mn, 8.0%; China: USD 674 mn, 7.0%; France: USD 578 mn, 6.0%; Australia: USD 482 mn, 5.0%; India: USD 385 mn, 4.0%; Japan: USD 337 mn, 3.5%; Canada: USD 337 mn, 3.5%; Spain: USD 289 mn, 3.0%.United States2.7 bn 28.0%Germany867 mn 9.0%United Kingdom770 mn 8.0%China674 mn 7.0%France578 mn 6.0%Australia482 mn 5.0%India385 mn 4.0%Japan337 mn 3.5%Canada337 mn 3.5%Spain289 mn 3.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1United StatesUSD 2.7 bn28.0%USD 5.0 bn6.4%
2GermanyUSD 867 mn9.0%USD 1.5 bn5.9%
3United KingdomUSD 770 mn8.0%USD 1.4 bn5.9%
4ChinaUSD 674 mn7.0%USD 1.9 bn10.9%
5FranceUSD 578 mn6.0%USD 1.0 bn5.9%
6AustraliaUSD 482 mn5.0%USD 890 mn6.3%
7IndiaUSD 385 mn4.0%USD 1.2 bn12.0%
8JapanUSD 337 mn3.5%USD 549 mn5.0%
9CanadaUSD 337 mn3.5%USD 625 mn6.4%
10SpainUSD 289 mn3.0%USD 530 mn6.3%
11NetherlandsUSD 268 mn2.8%USD 506 mn6.6%
12SwitzerlandUSD 224 mn2.3%USD 424 mn6.6%
13SwedenUSD 189 mn2.0%USD 356 mn6.6%
14DenmarkUSD 159 mn1.6%USD 299 mn6.5%
15ItalyUSD 133 mn1.4%USD 252 mn6.6%
16BrazilUSD 112 mn1.2%USD 227 mn7.4%
17South KoreaUSD 94 mn1.0%USD 205 mn8.0%
18BelgiumUSD 79 mn0.8%USD 150 mn6.6%
19SingaporeUSD 66 mn0.7%USD 134 mn7.3%
20IrelandUSD 56 mn0.6%USD 114 mn7.4%
21TurkeyUSD 47 mn0.5%USD 102 mn8.0%
22MexicoUSD 39 mn0.4%USD 85 mn8.0%
23ThailandUSD 33 mn0.3%USD 72 mn8.2%
24NorwayUSD 28 mn0.3%USD 53 mn6.6%
25AustriaUSD 23 mn0.2%USD 44 mn6.5%
Rest of worldUSD 664 mn6.9%USD 1.3 bn6.9%
Exhibit 5United States and China account for 38% of the USD 9.3 bn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Travel Medical Assistance market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 9.6 bn. United States: +USD 2.3 bn; China: +USD 1.2 bn; India: +USD 808 mn; Germany: +USD 668 mn; United Kingdom: +USD 594 mn; 20 other countries: +USD 3.1 bn; Rest of world: +USD 631 mn. Market value 2036: USD 18.9 bn.Market value 20269.6 bnUnited States+2.3 bnChina+1.2 bnIndia+808 mnGermany+668 mnUnited Kingdom+594 mn20 other countries+3.1 bnRest of world+631 mnMarket value 203618.9 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

Competitive landscape

Group 1: Global leaders

  • Allianz Partners
  • International SOS
  • Generali Global Assistance
  • Europ Assistance
  • AXA Partners

Group 2: Regional and specialist players

  • Seven Corners
  • Trawick International
  • GeoBlue
  • Global Rescue
  • Medex Global Group
  • Healix International
  • Assist Card
  • Bupa Global

Group 3: Emerging and niche players

  • Faye
  • battleface
  • SafetyWing
  • World Nomads
  • Heymondo
  • Cover-More

Research methodology

Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the travel medical assistance market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.

The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 7.0% is calculated from the resulting values.

The market is divided by coverage, by traveller type, by service delivery, by trip duration, by sales channel. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.

Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.

Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.

Read the full research methodology

Frequently asked questions

How big is the travel medical assistance market?

The global travel medical assistance market is estimated at USD 9.0 bn in 2025 and USD 9.6 bn in 2026.

How fast will the travel medical assistance market grow?

It is forecast to reach USD 18.9 bn by 2036, a compound annual growth rate of 7.0% from 2026, an increase of USD 9.3 bn.

Which country is the largest market for travel medical assistance?

United States is the largest market by revenue at USD 2.7 bn in 2026, 28.0% of the global total. The three largest countries together hold 45.0%.

Which country is growing fastest?

Among the ten largest markets, India is growing fastest at 12.0% a year from 2026 to 2036.

Which travel medical assistance segment is largest?

In the by coverage split, Emergency medical expenses is the largest segment with 46.0% of 2026 revenue.

Who are the leading travel medical assistance companies?

Global leaders include Allianz Partners, International SOS, Generali Global Assistance, Europ Assistance.

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