Medical Tourism Market- India
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 14.50% (2024-2032)
Market Size in 2023: USD 18.3 Billion
Market Size in 2032: USD 68.5 Billion
The India medical tourism market offers affordable, high-quality healthcare services, attracting international patients for treatments in various specialties. According to the latest report by IMARC Group, the size reached USD 18.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 68.5 Billion by 2032, exhibiting a growth rate (CAGR) of 14.50% during 2024-2032.
Download sample copy of the Report: https://www.imarcgroup.com/india-medical-tourism-market/requestsample
India Medical Tourism Market Trends and Drivers:
Rising Demand for Affordable, High-Quality Healthcare
- Patients opt for advanced treatments like cardiac and orthopedic surgeries, and cosmetic procedures at significantly lower costs.
Robust Healthcare Infrastructure
- India’s internationally accredited hospitals attract global patients seeking reliable medical care.
Government Initiatives to Promote Medical Tourism
- e-Medical visa and other initiatives increase awareness of India as a leading medical tourism destination.
Popularity of Alternative Treatments
- Growing interest in Ayurveda, yoga, and holistic therapies for wellness and rejuvenation.
Advancement in Telemedicine and Digital Health Platforms
- Facilitates international consultations, aiding in better treatment planning and coordination.
Expansion of Healthcare Services in Tier-2 and Tier-3 Cities
- World-class medical facilities are now available in smaller cities, providing more options for medical tourists.
Cost Advantages and Global Reputation
- Continued cost-effectiveness and India’s growing global reputation are key drivers for market growth.
India Medical Tourism Market Industry Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest India medical tourism market size. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.
Breakup by Treatment Type:
- Cosmetic Treatment
- Dental Treatment
- Cardiovascular Treatment
- Orthopaedic Treatment
- Bariatric Surgery
- Fertility Treatment
- Ophthalmic Treatment
- Others
Breakup by Region:
- North India
- West and Central India
- South India
- East and Northeast India
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=21312&flag=C
Key highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
