India's medical tourism market to hit $16.2 bn by 2030, nearly doubling in 5 years
Synopsis
Key Takeaways
India's medical tourism market, officially termed Medical Value Travel (MVT), is estimated at $8.7 billion in 2025 and is projected to nearly double to $16.2 billion by 2030, according to a government statement released on Saturday, 2 May 2025. The announcement positions India as one of the fastest-growing hubs for cross-border healthcare in the world.
India's MVT Market at a Glance
The global MVT market was valued at approximately $115.6 billion in 2022 and is expected to reach around $286.1 billion by 2030, growing at a compound annual growth rate (CAGR) of about 10.8%. India's projected trajectory outpaces the global average, reflecting a confluence of competitive pricing, advanced medical infrastructure, and the country's unique integration of traditional wellness systems.
India recorded 9.15 million foreign tourist arrivals in 2025, of which 5,07,244 travelled specifically for medical treatment — accounting for approximately 5.5% of total foreign tourist arrivals, according to official data.
Top Source Countries and Patient Volumes
The leading source countries for medical tourists visiting India in 2025 were Bangladesh (3,25,127 arrivals), Iraq (30,989), Uzbekistan (13,699), Somalia (11,506), Turkmenistan (10,231), Oman (9,738), and Kenya (9,357). Bangladesh alone accounted for the overwhelming majority of medical visitors, underscoring India's dominant role as a regional healthcare destination for South Asia and beyond.
What Is Driving India's Rise in Medical Tourism