India Medical Tourism Market
Market Insights on India Medical Tourism covering sales outlook, demand forecast & up-to-date key trends
India Medical Tourism Market by Treatment Type, Services, Tour, Consumer Orientation, Age Group, Booking Channel & Region - Forecast 2022 – 2032
India Tourism Market Outlook (2022-2032)
[324 Pages Report] The India medical tourism market is estimated to reach US$ 7,417 Mn in 2022. As per the report, demand is forecast to increase at a robust 19 % CAGR. Total demand for Indian medical tourism represents ~4%-8% of the global medical tourism market.
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Attribute |
Details |
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India Medical Tourism Market Estimated Size (2022) |
US$ 7,417 Mn |
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India Medical Tourism Market Value-based CAGR (2022-2032) |
19% CAGR |
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India Medical Tourism Market Top Players Share in 2021. |
3%-8% |
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2017-2021 India Medical Tourism Market Outlook Compared to 2022-2032 Forecast
Medical Tourism in India is expected to rise exponentially during the forecast years. A variety of factors ranging from government schemes to the cost of treatments help in the growth of India medical tourism market share.
The high cost of surgeries and major medical procedures in developed countries has made the people seeking treatments start thinking of alternative options in developing nations. This has provided lucrative opportunities in the Indian medical tourism market and attracted more tourists to their services.
How Is the India Medical Tourism Market Being Supported by Rapid Infrastructure Growth?
The majority of medical tourists visiting India visit the states of Maharashtra and Tamil Nadu. The cities with the most medical tourists in India are Gurgaon and Chennai, respectively, which are referred to as the "medical tourism hub of India" and the "healthcare capital of India," respectively.
All of this is made possible by the rapidly expanding infrastructure found in these cities. These elements make the nation a reliable choice for patients' visits, improving the India medical tourism market outlook.
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Talk to AnalystWhat Factors are Proliferating the India Medical Tourism Market Growth?
The increasing number of hospitals and centers that are accredited internationally make India a very promising destination for medical tourism. The country also boasts some of the top surgeons from across Asia, attracting patients from across the globe, and opens profitable opportunities in the India medical tourism market.
The wide majority of the population being well-versed in English also lowers the chances of facing a language barrier during the stay.
The primary drivers of the medical tourism market expansion are accessibility and affordability of high-quality healthcare services, as well as support from local governments and tourism bureaus.
Additionally, the availability of cutting-edge medical technology in medical tourism hotspots around the globe is anticipated to fuel the India medical tourism market expansion.
Country Insight
How Is The Indian Government Supporting The Growth Of The Medical Tourism Market?
“Government schemes have positively affected the medical tourism industry in India”
As per FMI, the India medical tourism market is expected to have a significant CAGR of 19% over the forecast period. The government of India has developed a number of programs and facilities to support the development of the medical tourism industry in the nation, and are setting up new India medical tourism market trends.
Streamlining the medical visa process by making it easily available under the e-visa section. Providing visa-on-arrival for tourists from certain countries has also facilitated the growth of India medical tourism market share.
What Makes Certain Indian Cities the Prominent Spots for Medical Tourism?
"Low-cost medical care combined with high-quality accommodations make certain cities the leading hub for medical tourism."
Urban cities like Mumbai, Pune, Chennai, Gurgaon, Bangalore, and Chennai are some of the major hubs for medical tourists visiting India. The availability of the latest and most advanced medical machinery and facilities in these cities also drives the India medical tourism market size.
The high quality of stay combined with the low cost of travel and treatments also make these hubs a very attractive option for people seeking treatments, encouraging the India medical tourism market.
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Category-wise Insights
Which Treatment Type Is The Most Sought-After In India Medical Tourism Market?
“Presence of top surgeons and pioneering institutes in the field of cardiology, make India a popular hub for cardiovascular treatment.”
Cardiovascular treatment in India has been one of the most sought-after treatments among the people visiting India for medical reasons. The presence of top cardiologists in India, along with the advanced health infrastructure present in some of the major centers with international accreditation, make it a hub for cardiovascular treatments.
Major travel firms offer the services of the best hospitals and doctors across India for cardiovascular diseases and issues.
Hospitals like the Fortis Escorts Heart Institute and Research Center, which is one of the major cardiovascular centers in Asia and a pioneer in the field of cardiology is also present in India. All these factors are contributing to the effective growth of the India medical tourism market share.
Why are Wellness Services Popular in India Medical Tourism Market?
“Spiritual and historical factors make India a popular destination for wellness services”
Many people have traveled to India in quest of alternative medicine, making wellness services quite well-liked there. For medical tourists seeking alternative treatments, services like yoga, massages, and meditation are readily available in India.
The name "Yoga Capital of the World" is often used to refer to Rishikesh, a city in the Indian state of Uttarakhand. The "Ministry of Ayush" in India is perhaps the only nation in the world having a separate department for complementary therapies, including homeopathy, Ayurveda, Unani, yoga, and other wellness practices.
Due to all these factors, wellness services are quite well-liked in India, which promotes the India medical tourism market statistics.
What Tour Type is Widely Availed by the Medical Tourists in India?
“Independent traveling is getting popular due to increasing ease of availing facilities.”
The low cost of the therapy and stay is the primary factor driving people to choose medical services in India, which in turn promotes medical tourism. Due to the high cost of travel, most people choose to travel solo, elevating the independent traveling segment in the India medical tourism market.
The country's growing technical improvements have made it simpler to make travel plans and access services immediately. Patients now find it simpler to travel independently owing to the services like online booking, direct interaction with experts, and e-visa.
Why Are Male Tourists More Likely To Visit India For Medical Tourism?
“Prevalence of cardiovascular disease among men make them the prominent traveling consumer category”
According to India medical tourism market trends and available data, it is noted that India majorly attracts male consumers to its medical services. There are a variety of reasons for the arrival of prominently male medical tourists into India.
Studies by major research centers have indicated that males are more likely to develop cardiovascular issues. Since India has been a hub for tourists suffering from cardiovascular issues, it leads to the India medical tourism market growth.
Which Age-Group Is Most Likely To Visit For Treatments?
“People aged 45 and above are more likely to travel for treatments.”
People over the age of 45 are more prone to experience prevalent health problems like cancer, heart disease, diabetes, and muscle and joint problems.
This also applies to individuals in this age group who travel for medical care. They are the age group that is most likely to travel to India for medical reasons.
What is the Preferred Booking Channel in the India Medical Tourism Market?
“Online booking is the preferred booking channel”
Online booking has gained massive popularity in recent years. This is due to the ease of assessing the cost and the plethora of options it provides for the consumers to choose from.
Trustworthy and established tour agencies having an online presence makes it a more comfortable option for the consumers to book from, raising the demand for online booking in the India medical tourism market.
How Competition Influences the India Medical Tourism Market?
Leading players in the medical sector in India are quickly realizing the lucrative opportunity in the India medical tourism market. Major hospital chains have started offering their own care packages and services for people seeking medical treatment in India.
- Fortis Healthcare Group, with a chain of 29 hospitals in India, has started offering its own consultation packages for foreign medical patients seeking treatment.
- Indian insurers ought to make a serious effort to market their health plans to foreigners. An additional $9 billion in premium and patient influx to India could result from this.
Scope of Report
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Attribute |
Details |
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Forecast Period |
2022-2032 |
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Historical Data Available for |
2017-2021 |
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Market Analysis |
US$ Million for Value |
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Key Region Covered |
South Asia |
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Key Countries Covered |
India |
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Key Segments Covered |
Treatment Type, Services, Tour Type, Consumer Orientation, Age Group, Booking Channel, and Region. |
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Key Companies Profiled |
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Report Coverage |
Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
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Customization & Pricing |
Available upon Request |
India Medical Tourism Market by Category
By Treatment Type:
- Dental Treatment
- Cosmetic Treatment
- Cardiovascular Treatment
- Orthopedic Treatment
- Neurological Treatment
- Cancer Treatment
- Fertility Treatment
- Others
By Services:
- Wellness Services
- Therapeutic Services
By Tour Type:
- Independent Traveler
- Tour Group
- Package Traveler
By Consumer Orientation:
- Men
- Women
- Children
By Age Group:
- 15-25 Years
- 26-35 Years
- 36-45 Years
- 46-55 Years
- 66-75 Years
By Booking Channel:
- Phone Booking
- Online Booking
- In-Person Booking
Frequently Asked Questions
The India medical tourism market is currently valued at US$ 7,417 Mn in 2022.
The India medical tourism market is expected to have a CAGR of 19% through 2032.
Top Players had a India medical tourism market share of 3%-8% in 2021.
Table of Content
1. Executive Summary
1.1. India Medical Tourism Market Outlook
1.1.1. Who Is Travelling?
1.1.2. How Much Do They Spend?
1.1.3. Direct Contribution of Tourism To GDP
1.1.4. Direct Contribution of Tourism To Employment
1.2. Medical Tourism Evolution Analysis
1.3. FMI Analysis and Recommendations
2. Market Introduction
2.1.1. Total Spending (US$ Mn) and Forecast (2022-2032)
2.1.2. Number of Tourists (Mn) and Forecast (2022-2032)
2.1.3. Total Spending Y-o-Y Growth Projections (2022-2032)
2.1.4. Number of Tourists Y-o-Y Growth Projections
3. Medical Tourism Industry Analysis
3.1. Medical Tourism Industry Overview
3.1.1. Medical Tourism Industry Contribution to India GDP
3.1.2. Medical Tourism Sector Contribution to India’s Overall Employment
3.1.3. Impact of Covid-19
3.1.4. Others
4. India Medical Tourism Market Dynamics
4.1. Market Drivers & Opportunities
4.1.1. Rapid Growth of Infrastructure Boosting the Growth in the Market
4.1.2. Aggressively Growing Government Initiatives to Promote Tourism Industry
4.1.3. Driving Factors Like International Accreditation and Presence of Top Surgeons Propel the Market Forward
4.1.4. Others (during course study)
5. Market Background
5.1. Macro-Economic Factors
5.1.1. India GDP Growth Outlook
5.1.2. India Industry Value Added
5.1.3. Consumer Spending Outlook
5.1.4. India Direct contribution of Medical Tourism to GDP
5.1.5. Internet Penetration Rates
5.1.6. Capital Investment in Medical Tourism
5.2. Forecast Factors - Relevance & Impact
6. Categorizing of India Medical Tourism Market, 2021
6.1. Introduction/ Key Findings
6.2. Current Market Analysis by Treatment Type
6.2.1. Dental Treatment
6.2.2. Cosmetic Treatment
6.2.3. Cardiovascular Treatment
6.2.4. Orthopedic Treatment
6.2.5. Neurological Treatment
6.2.6. Cancer Treatment
6.2.7. Fertility Treatment
6.2.8. Others
6.3. Current Market Analysis by Services
6.3.1. Wellness Services
6.3.2. Therapeutic Services
6.4. Current Market Analysis by Tour Type
6.4.1. Independent Traveller
6.4.2. Tour Group
6.4.3. Package Traveller
6.5. Current Market Analysis by Consumer Orientation
6.5.1. Men
6.5.2. Women
6.5.3. Children
6.6. Current Market Analysis by Age Group
6.6.1. 15-25 Years
6.6.2. 26-35 Years
6.6.3. 36-45 Years
6.6.4. 46-55 Years
6.6.5. 66-75 Years
6.7. Current Market Analysis by Booking Channel
6.7.1. Phone Booking
6.7.2. Online Booking
6.7.3. In-Person Booking
7. Social Media Sentimental Analysis
7.1. Social Media Platforms Preferred
7.1.1.1. Facebook
7.1.1.2. YouTube
7.1.1.3. Instagram
7.1.1.4. Twitter
7.1.1.5. LinkedIn
7.1.1.6. Pinterest
7.1.1.7. Google+
7.1.1.8. Others
7.2. Consumer Perception for Destinations On Social Media Platforms-Positive and Negative Mentions
7.3. Trending #Hashtags
7.4. Social Media Platform Mentions (% of Total Mentions)
7.5. Region-Wise Social Media Mentions (% of Total Mentions)
7.6. Trending Subject Titles
8. Competition Analysis
8.1. Competition Dashboard
8.2. Pricing Analysis by Competition
8.3. Competition Benchmarking
8.4. Competition Deep Dive
8.4.1. Medmonks Medicare Pvt Ltd.
8.4.1.1. Overview
8.4.1.2. Product Portfolio
8.4.1.3. Profitability by Market Segments (Product/Channel/Region)
8.4.1.4. Sales Footprint
8.4.1.5. Strategy Overview
8.4.1.5.1. Marketing Strategy
8.4.1.5.2. Product Strategy
8.4.1.5.3. Channel Strategy
8.4.2. Top Travel & Tours Pvt. Ltd.
8.4.2.1. Overview
8.4.2.2. Product Portfolio
8.4.2.3. Profitability by Market Segments (Product/Channel/Region)
8.4.2.4. Sales Footprint
8.4.2.5. Strategy Overview
8.4.2.5.1. Marketing Strategy
8.4.2.5.2. Product Strategy
8.4.2.5.3. Channel Strategy
8.4.3. eLand Holidays Pvt. Ltd
8.4.3.1. Overview
8.4.3.2. Product Portfolio
8.4.3.3. Profitability by Market Segments (Product/Channel/Region)
8.4.3.4. Sales Footprint
8.4.3.5. Strategy Overview
8.4.3.5.1. Marketing Strategy
8.4.3.5.2. Product Strategy
8.4.3.5.3. Channel Strategy
8.4.4. ToursinIndia Tourist Agency
8.4.4.1. Overview
8.4.4.2. Product Portfolio
8.4.4.3. Profitability by Market Segments (Product/Channel/Region)
8.4.4.4. Sales Footprint
8.4.4.5. Strategy Overview
8.4.4.5.1. Marketing Strategy
8.4.4.5.2. Product Strategy
8.4.4.5.3. Channel Strategy
8.4.5. Forerunners Healthcare
8.4.5.1. Overview
8.4.5.2. Product Portfolio
8.4.5.3. Profitability by Market Segments (Product/Channel/Region)
8.4.5.4. Sales Footprint
8.4.5.5. Strategy Overview
8.4.5.5.1. Marketing Strategy
8.4.5.5.2. Product Strategy
8.4.5.5.3. Channel Strategy
8.4.6. Vaidam Health
8.4.6.1. Overview
8.4.6.2. Product Portfolio
8.4.6.3. Profitability by Market Segments (Product/Channel/Region)
8.4.6.4. Sales Footprint
8.4.6.5. Strategy Overview
8.4.6.5.1. Marketing Strategy
8.4.6.5.2. Product Strategy
8.4.6.5.3. Channel Strategy
8.4.7. Top Indian Holidays Pvt. Ltd.
8.4.7.1. Overview
8.4.7.2. Product Portfolio
8.4.7.3. Profitability by Market Segments (Product/Channel/Region)
8.4.7.4. Sales Footprint
8.4.7.5. Strategy Overview
8.4.7.5.1. Marketing Strategy
8.4.7.5.2. Product Strategy
8.4.7.5.3. Channel Strategy
8.4.8. Dynasty Tours & Travel.
8.4.8.1. Overview
8.4.8.2. Product Portfolio
8.4.8.3. Profitability by Market Segments (Product/Channel/Region)
8.4.8.4. Sales Footprint
8.4.8.5. Strategy Overview
8.4.8.5.1. Marketing Strategy
8.4.8.5.2. Product Strategy
8.4.8.5.3. Channel Strategy
8.4.9. Credihealth Pvt. Ltd.
8.4.9.1. Overview
8.4.9.2. Product Portfolio
8.4.9.3. Profitability by Market Segments (Product/Channel/Region)
8.4.9.4. Sales Footprint
8.4.9.5. Strategy Overview
8.4.9.5.1. Marketing Strategy
8.4.9.5.2. Product Strategy
8.4.9.5.3. Channel Strategy
8.4.10. ClinicSpots
8.4.10.1. Overview
8.4.10.2. Product Portfolio
8.4.10.3. Profitability by Market Segments (Product/Channel/Region)
8.4.10.4. Sales Footprint
8.4.10.5. Strategy Overview
8.4.10.5.1. Marketing Strategy
8.4.10.5.2. Product Strategy
8.4.10.5.3. Channel Strategy
8.4.11. MediConnect Pvt. Ltd.
8.4.11.1. Overview
8.4.11.2. Product Portfolio
8.4.11.3. Profitability by Market Segments (Product/Channel/Region)
8.4.11.4. Sales Footprint
8.4.11.5. Strategy Overview
8.4.11.5.1. Marketing Strategy
8.4.11.5.2. Product Strategy
8.4.11.5.3. Channel Strategy
8.4.12. Mediniq Healthcare Pvt. Ltd.
8.4.12.1. Overview
8.4.12.2. Product Portfolio
8.4.12.3. Profitability by Market Segments (Product/Channel/Region)
8.4.12.4. Sales Footprint
8.4.12.5. Strategy Overview
8.4.12.5.1. Marketing Strategy
8.4.12.5.2. Product Strategy
8.4.12.5.3. Channel Strategy
8.4.13. Global Treatment Services Pvt Ltd
8.4.13.1. Overview
8.4.13.2. Product Portfolio
8.4.13.3. Profitability by Market Segments (Product/Channel/Region)
8.4.13.4. Sales Footprint
8.4.13.5. Strategy Overview
8.4.13.5.1. Marketing Strategy
8.4.13.5.2. Product Strategy
8.4.13.5.3. Channel Strategy
8.4.14. FrontEnders Healthcare Services Pvt. Ltd.
8.4.14.1. Overview
8.4.14.2. Product Portfolio
8.4.14.3. Profitability by Market Segments (Product/Channel/Region)
8.4.14.4. Sales Footprint
8.4.14.5. Strategy Overview
8.4.14.5.1. Marketing Strategy
8.4.14.5.2. Product Strategy
8.4.14.5.3. Channel Strategy
8.4.15. Others (As per request)
9. Assumptions and Acronyms Used
10. Research Methodology
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