India Medical Tourism Market - By Treatment Type (Dental Treatment, Cosmetic Treatment, Cardiovascular Treatment, Orthopedic Treatment, Neurological Treatment, Cancer Treatment, Fertility Treatment, Others); By Services (Wellness Services, Therapeutic Ser

India Medical Tourism Market - 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 Booking Channel (Phone Booking, Online Booking, In-Person Booking); By Region (Northern India, Southern India, Eastern India, Western India), Trend Analysis, Competitive Landscape & Forecast, 2019–2029

India Medical Tourism Market Size Zooming at Robust CAGR of 19% to Cross Whopping USD 25 Billion by 2029

India medical tourism market is flourishing, as the country’s healthcare facilities provide various benefits including significant cost savings, improved results, modern technologies, breakthrough medicines, sophisticated devices, superior hospitality, and individualized care.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated India medical tourism market size at USD 7.42 billion in 2022. During the forecast period between 2023 and 2029, India medical tourism market size is projected to grow at a robust CAGR of 19.28% reaching a value of USD 25.33 billion by 2029. The availability and affordability of high-quality healthcare services, as well as support from local governments and tourism bureaus, are the primary drivers of the expansion of India medical tourism market. The availability of cutting-edge medical technologies in medical tourism hotspots across the country is also expected to fuel the market growth. A larger hospital network that is insured for cashless transactions is expected to provide more opportunities for the growth of India medical tourism market.

India Medical Tourism Market - Overview

Medical tourism refers to a planned international trip to receive medical care that may or may not be available in the traveler's home country. Medical tourists travel across international borders to maintain, improve, or restore their health by utilizing affordable healthcare services and procedures that are available in other countries but are quite costly on their own. Medical tourists travel for a variety of medical procedures, including dental, neurological, and cardiovascular procedures.

India Medical Tourism Market – By Tour Type

India medical tourism market by tour type is segmented into independent travelers, tour groups, and package travelers. The majority of the market is dominated by independent travel tour type. The low cost of treatment and accommodations is the main factor influencing people to seek medical services in India, which encourages medical tourism. Because it is so expensive, the majority of people prefer to travel alone, which has increased the demand for independent travel in the Indian medical tourism market.

Impact of COVID-19 on India Medical Tourism Market

Indian government imposed a stringent lockdown and stopped the import-export of medical supplies due to the country's rising coronavirus incidences. The medical tourism industry was significantly affected by travel restrictions and the lack of personal protective equipment. Medical travel consultants, startups, and small organizations had constrained resources, making them susceptible to changes brought on by the pandemic.

Competitive Landscape

India medical tourism market is fiercely competitive. Prominent players in the market include Apollo Hospitals, Fortis Healthcare, Medanta, Max Healthcare, Narayana Health, Wockhardth, Manipal Hospital, BLK Super Speciality Hospital, and Global Hospitals. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in India medical tourism market.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of India Medical Tourism Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Medical Tourism Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.


1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Executive Summary
3. India Medical Tourism Market Insights
3.1. Industry Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. High quality medical treatment at lower costs
3.2.1.2. Availability of skilled medical professionals
3.2.2. Restraints
3.2.2.1. Limited insurance coverage
3.2.2.2. Infrastructure and transportation challenges
3.2.3. Opportunity
3.2.3.1. Growing popularity of alternative medicine
3.2.3.2. Potential for partnership and collaboration
3.2.4. Challenges
3.2.4.1. Competition from other medical tourism destinations
3.3. Technology Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter’s Five Forces Analysis
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitutes
3.5.5. Intensity of Rivalry
4. India Medical Tourism Market Overview
4.1. Market Size & Forecast by Value, 2019−2029
4.1.1. By Value (USD Billion)
4.2. Market Share & Forecast
4.2.1. By Treatment Type
4.2.1.1. Dental Treatment
4.2.1.2. Cosmetic Treatment
4.2.1.3. Cardiovascular Treatment
4.2.1.4. Orthopaedic Treatment
4.2.1.5. Neurological Treatment
4.2.1.6. Cancer Treatment
4.2.1.7. Fertility Treatment
4.2.1.8. Others
4.2.2. By Services
4.2.2.1. Wellness Services
4.2.2.2. Therapeutic Services
4.2.3. By Tour Type
4.2.3.1. Independent Traveller
4.2.3.2. Tour Group
4.2.3.3. Package Traveller
4.2.4. By Consumer Orientation
4.2.4.1. Men
4.2.4.2. Women
4.2.4.3. Children
4.2.5. By Booking Channel
4.2.5.1. Phone Booking
4.2.5.2. Online Booking
4.2.5.3. In-Person Booking
4.2.6. By Region
4.2.6.1. Northern India
4.2.6.2. Southern India
4.2.6.3. Eastern India
4.2.6.4. Western India
5. Northern India Medical Tourism Market
5.1. Market Size & Forecast by Value, 2019−2029
5.1.1. By Value (USD Billion)
5.2. Market Share & Forecast
5.2.1. By Treatment Type
5.2.2. By Services
5.2.3. By Tour Type
5.2.4. By Consumer Orientation
5.2.5. By Booking Channel
6. Southern India Medical Tourism Market
6.1. Market Size & Forecast by Value, 2019−2029
6.1.1. By Value (USD Billion)
6.2. Market Share & Forecast
6.2.1. By Treatment Type
6.2.2. By Services
6.2.3. By Tour Type
6.2.4. By Consumer Orientation
6.2.5. By Booking Channel
7. Eastern India Medical Tourism Market
7.1. Market Size & Forecast by Value, 2019−2029
7.1.1. By Value (USD Billion)
7.2. Market Share & Forecast
7.2.1. By Treatment Type
7.2.2. By Services
7.2.3. By Tour Type
7.2.4. By Consumer Orientation
7.2.5. By Booking Channel
8. Western India Medical Tourism Market
8.1. Market Size & Forecast by Value, 2019−2029
8.1.1. By Value (USD Billion)
8.2. Market Share & Forecast
8.2.1. By Treatment Type
8.2.2. By Services
8.2.3. By Tour Type
8.2.4. By Consumer Orientation
8.2.5. By Booking Channel
9. Competitive Landscape
9.1. List of Key Players and Their Offerings
9.2. India Medical Tourism Company Market Share Analysis, 2022
9.3. Competitive Benchmarking, By Operating Parameters
9.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, and others)
10. Impact of Covid-19 on India Medical Tourism Market
11. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT analysis)
11.1. Apollo Hospitals
11.2. Fortis Healthcare
11.3. Medanta
11.4. Max Healthcare
11.5. Narayana Health
11.6. Wockhardth
11.7. Manipal Hospital
11.8. BLK Super Speciality Hospital
11.9. Global Hospitals
11.10. Other Prominent Players
12. Key Strategic Recommendations
13. Research Methodology
13.1. Qualitative Research
13.1.1. Primary & Secondary Research
13.2. Quantitative Research
13.3. Market Breakdown & Data Triangulation
13.3.1. Secondary Research
13.3.2. Primary Research
13.4. Breakdown of Primary Research Respondents, By Region
13.5. Assumptions & Limitations
*Financial information in case of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figure
Figure 1 India Medical Tourism Market Segmentation
Figure 2 India Medical Tourism Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 India Medical Tourism Market Size, By Value (USD Billion),2019−2029
Figure 5 India Medical Tourism Market Share, By Treatment Type, By Value,2019−2029
Figure 6 India Medical Tourism Market Share, By Services, By Value,2019−2029
Figure 7 India Medical Tourism Market Share, By Tour Type, By Value,2019−2029
Figure 8 India Medical Tourism Market Share, By Consumer Orientation, By Value,2019−2029
Figure 9 India Medical Tourism Market Share, By Booking Channel, By Value,2019−2029
Figure 10 India Medical Tourism Market Share, By Region, By Value,2019−2029
Figure 11 Northern India Medical Tourism Market Size, By Value (USD Billion),2019−2029
Figure 12 Northern India Medical Tourism Market Share, By Treatment Type, By Value,2019−2029
Figure 13 Northern India Medical Tourism Market Share, By Services, By Value,2019−2029
Figure 14 Northern India Medical Tourism Market Share, By Tour Type, By Value,2019−2029
Figure 15 Northern India Medical Tourism Market Share, By Consumer Orientation, By Value,2019−2029
Figure 16 Northern India Medical Tourism Market Share, By Booking Channel, By Value,2019−2029
Figure 17 Southern India Medical Tourism Market Size, By Value (USD Billion),2019−2029
Figure 18 Southern India Medical Tourism Market Share, By Treatment Type, By Value,2019−2029
Figure 19 Southern India Medical Tourism Market Share, By Services, By Value,2019−2029
Figure 20 Southern India Medical Tourism Market Share, By Tour Type, By Value,2019−2029
Figure 21 Southern India Medical Tourism Market Share, By Consumer Orientation, By Value,2019−2029
Figure 22 Southern India Medical Tourism Market Share, By Booking Channel, By Value,2019−2029
Figure 23 Eastern India Medical Tourism Market Size, By Value (USD Billion),2019−2029
Figure 24 Eastern India Medical Tourism Market Share, By Treatment Type, By Value,2019−2029
Figure 25 Eastern India Medical Tourism Market Share, By Services, By Value,2019−2029
Figure 26 Eastern India Medical Tourism Market Share, By Tour Type, By Value,2019−2029
Figure 27 Eastern India Medical Tourism Market Share, By Consumer Orientation, By Value,2019−2029
Figure 28 Eastern India Medical Tourism Market Share, By Booking Channel, By Value,2019−2029
Figure 29 Western India Medical Tourism Market Size, By Value (USD Billion),2019−2029
Figure 30 Western India Medical Tourism Market Share, By Treatment Type, By Value,2019−2029
Figure 31 Western India Medical Tourism Market Share, By Services, By Value,2019−2029
Figure 32 Western India Medical Tourism Market Share, By Tour Type, By Value,2019−2029
Figure 33 Western India Medical Tourism Market Share, By Consumer Orientation, By Value,2019−2029
Figure 34 Western India Medical Tourism Market Share, By Booking Channel, By Value,2019−2029
List of Tables
Table 1 India Medical Tourism Market Size, By Treatment Type, By Value,2019−2029
Table 2 India Medical Tourism Market Size, By Services, By Value,2019−2029
Table 3 India Medical Tourism Market Size, By Tour Type, By Value,2019−2029
Table 4 India Medical Tourism Market Size, By Consumer Orientation, By Value,2019−2029
Table 5 India Medical Tourism Market Size, By Booking Channel, By Value,2019−2029
Table 6 India Medical Tourism Market Size, By Region, By Value,2019−2029
Table 7 Northern India Medical Tourism Market Size, By Treatment Type, By Value,2019−2029
Table 8 Northern India Medical Tourism Market Size, By Services, By Value,2019−2029
Table 9 Northern India Medical Tourism Market Size, By Tour Type, By Value,2019−2029
Table 10 Northern India Medical Tourism Market Size, By Consumer Orientation, By Value,2019−2029
Table 11 Northern India Medical Tourism Market Size, By Booking Channel, By Value,2019−2029
Table 12 Southern India Medical Tourism Market Size, By Treatment Type, By Value,2019−2029
Table 13 Southern India Medical Tourism Market Size, By Services, By Value,2019−2029
Table 14 Southern India Medical Tourism Market Size, By Tour Type, By Value,2019−2029
Table 15 Southern India Medical Tourism Market Size, By Consumer Orientation, By Value,2019−2029
Table 16 Southern India Medical Tourism Market Size, By Booking Channel, By Value,2019−2029
Table 17 Eastern India Medical Tourism Market Size, By Treatment Type, By Value,2019−2029
Table 18 Eastern India Medical Tourism Market Size, By Services, By Value,2019−2029
Table 19 Eastern India Medical Tourism Market Size, By Tour Type, By Value,2019−2029
Table 20 Eastern India Medical Tourism Market Size, By Consumer Orientation, By Value,2019−2029
Table 21 Eastern India Medical Tourism Market Size, By Booking Channel, By Value,2019−2029
Table 22 Western India Medical Tourism Market Size, By Treatment Type, By Value,2019−2029
Table 23 Western India Medical Tourism Market Size, By Services, By Value,2019−2029
Table 24 Western India Medical Tourism Market Size, By Tour Type, By Value,2019−2029
Table 25 Western India Medical Tourism Market Size, By Consumer Orientation, By Value,2019−2029
Table 26 Western India Medical Tourism Market Size, By Booking Channel, By Value,2019−2029
Table 27 Apollo Hospitals Company Overview
Table 28 Apollo Hospitals Financial Overview
Table 29 Fortis Healthcare Company Overview
Table 30 Fortis Healthcare Financial Overview
Table 31 Medanta Company Overview
Table 32 Medanta Financial Overview
Table 33 Max Healthcare Company Overview
Table 34 Max Healthcare Financial Overview
Table 35 Narayana Health Company Overview
Table 36 Narayana Health Financial Overview
Table 37 Wockhardth Company Overview
Table 38 Wockhardth Financial Overview
Table 39 Manipal Hospital Company Overview
Table 40 Manipal Hospital Financial Overview
Table 41 BLK Super Speciality Hospital Company Overview
Table 42 BLK Super Speciality Hospital Financial Overview
Table 43 Global Hospitals Company Overview
Table 44 Global Hospitals Financial Overview

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings