India Medical Tourism Market Trends, Application and Regional Forecast to 2023-2027
- 7 days ago
- by kavitakrishna98
Bharat Book Bureau Provides the Trending Market Research Report on “Medical Tourism Market in India 2023”under Consumer Goods Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports.
India Medical Tourism Market Forecast to 2023-2027
Medical tourism refers to activities that involve a foreign visitor traveling and spending at least one night at the destination to rejuvenate, restore, or stay healthy through medical intervention. The key factors influencing people\’s decision to travel for medical treatment include the low cost of care abroad, the provider\’s cultural background, the shared language, and particular procedures unavailable in the home country.
The medical tourism market in India is expected to reach INR 2,670.37 Bn by 2027, expanding at a CAGR of ~34.92% during the 2023 – 2027 forecast period. India has become a center for medical tourism due to well-trained medical staff and doctors, access to cutting-edge medical equipment, and reasonably priced medical care. According to the Medical Tourism Index 2020–21, India is ranked 10th out of the top 46 nations, 12th out of the top 20 wellness tourism markets, and 5th out of the top 10 wellness tourism destinations in the Asia-Pacific.
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