Will the Indian medical tourism market grow from $18.2 bn in 2025 to $58.2 bn by 2035?

Synopsis
Key Takeaways
- The Indian medical tourism market is forecasted to reach $58.2 billion by 2035.
- India ranks 10th in medical tourism and 7th in wellness tourism.
- Ayurveda and traditional medicine are gaining global recognition.
- The government aims to promote India's healthcare sector as a significant economic contributor.
- Medical and wellness tourism are vital for India's tourism economy.
New Delhi, July 17 (NationPress) The Indian medical tourism sector is projected to expand significantly, increasing from $18.2 billion in 2025 to $58.2 billion by 2035, as detailed in a recent report released on Thursday.
The study, conducted by the Federation of Hotel and Restaurant Associations of India (FHRAI) in partnership with KPMG, highlights India's goal to establish itself as a global leader in medical tourism by 2035, achieving a compound annual growth rate (CAGR) of 12.3 percent.
This report outlines a comprehensive national plan that merges India’s medical expertise with its rich wellness heritage, aiming to position the country as the world's most reliable destination for medical value travel (MVT).
India is emerging as a cost-efficient alternative, providing a range of modern surgical procedures alongside natural healing methods such as Ayurveda, Yoga, and Panchakarma.
Ranked 10th in the Medical Tourism Index and 7th in wellness tourism, India attracts close to 2 million international patients from around 75 countries.
The report indicates a significant rise in medical visa applications, totaling 463,725 in 2024, with a large number of patients arriving from Bangladesh, GCC nations, and Africa.
Dr. Manoj Nesari from the Ministry of Health and Family Welfare emphasized the growing global significance of Ayurveda and traditional medicine during the unveiling of the report at the Heal in India 2025 Medical and Wellness Tourism Summit held in the national capital.
“India boasts a wealth of traditional healing practices, and the government has initiated numerous measures to enhance this sector as an alternative economic driver in recent years,” he stated, noting that various initiatives are being implemented to promote Yoga and Ayurveda as global wellness solutions.
Suman Billa, IAS, Additional Secretary and Director General of the Ministry of Tourism, pointed out that the tourism economy is anticipated to reach $3 trillion in the near future, necessitating the activation of several sectors.
“Medical and wellness tourism are crucial components in achieving this target. In the coming years, we must not only demonstrate our capabilities but also emphasize our care, compassion, and service delivery,” he stated.