Barbados Healthcare & Medical Tourism Market To Reach $748.58 Million By 2030

Barbados Healthcare & Medical Tourism Market Growth & Trends

The Barbados healthcare & medical tourism market size is estimated to reach USD 748.58 million by 2030, expanding at a CAGR of 5.7% from 2025 to 2030, according to a new report by Grand View Research, Inc. Barbados has a well-developed healthcare system with several private hospitals and clinics offering many medical services. The country is known for its highly trained medical professionals, many of whom studied in the U.S., Canada, or the UK. Key specialties in Barbados include cosmetic surgery, dental care, and fertility treatments. The Barbados Fertility Center, accredited by the Joint Commission International (JCI), attracts international patients seeking fertility treatments. As more patients from the U.S., the UK, and Canada come to Barbados for treatment, its medical tourism sector is expected to grow.

In addition, Barbados is recognized as a leading destination for In Vitro Fertilization (IVF) treatments. The Barbados Fertility Centre, benefiting from the Tourism Development Act, imports medical equipment duty-free and uses the Barbados name for marketing advantages. In addition, private medical facilities, such as FMH Emergency Medical Clinic and Sandy Crest, offer high-standard services, attracting international patients.

The average cost of a single IVF cycle in the U.S. ranges from USD 12,000 to USD 17,000, excluding medications & additional services, according to the American Society for Reproductive Medicine. In contrast, the cost of an IVF cycle in Barbados is between USD 5,500 and USD 7,500. This significant cost difference makes Barbados an attractive option for infertility treatments, which are highly sought after by medical tourists.

However, the COVID-19 pandemic had a negative impact on medical tourism in Barbados. Longer stays and cruise ship visits dropped significantly due to restrictions in major countries. The increase in COVID-19 cases and new variants worsened the situation in early 2021, leading to more lockdowns and restrictions. As a result, the tourism industry saw a major decline of 78.6% from 2019 to 2020.

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Barbados Healthcare & Medical Tourism Market Report Highlights

• General surgery accounted for the largest revenue share in 2024 owing to the increased prevalence of chronic disorders. The cardiology segment is expected to have a significant growth rate during the forecast period owing to the rising burden of CVDs.

• Proximity to the U.S. and Canada and lower cost of surgical procedures compared to developed countries are driving the Barbados medical tourism market growth.

• In February 2024, the Ophthalmology Department at Queen Elizabeth Hospital started to provide a new diagnostic test to improve the detection of various diseases affecting the back of the eye, such as sickle cell disease, diabetes, and retinal vein occlusion. This test, known as Fundus Fluorescein Angiography (FFA), was first performed in Barbados at QEH.

• In September 2022, Queen Elizabeth Hospital received USD 40,000 worth of supplies in donations from The Barbados Hotel and Tourism Association under its Charitable Assistance Programme.

Barbados Healthcare & Medical Tourism Market Segmentation

Grand View Research has segmented the Barbados healthcare & medical tourism market based on specialty type:

Barbados Healthcare & Medical Tourism Specialty Type Outlook (Revenue, USD Million, 2018 - 2030)

• General Surgery

• Orthopedics

• Cardiology

• Fertility & Gynecology

• Cosmetics

• Others

List of the key Players in the Barbados Healthcare & Medical Tourism Market

• The Sparman Clinic

• FMH Emergency Medical

• Sandy Crest Medical Centre

• Barbados Fertility Centre

• Premiere Surgical Centre

• The Queen Elizabeth Hospital BARBADOS

• Bayview Hospital