India’s medical tourism industry is rapidly expanding, establishing the nation as a premier global hub for cost-effective and superior healthcare solutions. The country’s reputation is bolstered by healthcare facilities like PSRI Hospital, which excel in patient-focused, clinical care, affirming India’s prominence in the sector.
Forecasts indicate that the medical tourism market in India could see a stunning 120% revenue growth, doubling from US$ 6 billion in 2019 to US$ 12 billion by 2023. Projections suggest that by 2030, more than 3 million international patients will seek medical services in India, quadrupling current figures. Furthermore, the industry is expected to expand at a 19% Compound Annual Growth Rate (CAGR) from 2022 to 2032, capturing around 8% of the global market.
Several Indian healthcare institutions have risen to global prominence by delivering top-notch services through cutting-edge infrastructure, seasoned expertise, and advanced technology.
Government measures, such as the extension of the e-tourism visa to cover medical visas, facilitate prolonged patient stays of up to six months. This initiative ensures consistent healthcare without the need for patients to interrupt their treatment, further enhancing India’s position in international medical tourism and reinforcing overseas confidence in Indian healthcare systems.
“Our commitment is to offer international patients seamless, world-class, and cost-efficient healthcare from their arrival to post-treatment care, ensuring they feel at ease during their stay,” remarked Ratnesh Sinha, chief marketing officer at PSRI Hospital. “This holistic focus on the complete care pathway drives the increasing number of international patients opting for treatment at our hospital,”
Hospitals provide extensive support, including pre-arrival planning, admission assistance, and continuous post-discharge care. The growing influx of patients from countries like Nigeria, Ethiopia, Tanzania, Kenya, Uganda, Ghana, Somalia, and Iraq illustrates India’s rising appeal as a healthcare destination. Patients from developed regions, including Europe and the Americas, are also increasingly recognizing the unmatched combination of value and quality offered by India’s healthcare ecosystem.
“By offering ethical, premium medical care to both local and international patients, we ensure a comprehensive, empathetic treatment and recovery process. PSRI Hospital is proactive in providing pre-arrival guidance, inpatient care, and post-discharge support for international patients,” stated Ratnesh Sinha, chief marketing officer at PSRI Hospital.
Experts attribute India’s competitive edge in medical tourism to its affordability paired with exceptional quality. For instance, a cardiac surgery costing approximately US$ 100,000 in the US or US$ 40,000 in the UK is available in India for just US$ 5,000, while maintaining comparable success rates.