India emerges as one of the top 5 lucrative medical tourism markets in the global tourism industry. India hosted nearly 166,000 medical tourists from across the world in 2012, according to the Chamber’s Medical and Wellness Tourism report.
The cost of medical treatments in India is quite less, when compared to the west and the country has a number of top rated hospital chains/medical staff with improved infrastructure. India has the most number of US FDA approved drug manufacturing units. Most of the traditional medicine systems in India focus largely on prevention and India offer large number of wellness treatment options like yoga, Ayurveda, naturopathy, acupuncture, spa/massages, etc.
The union ministry of health and family welfare is also trying to engage international agencies for the promotion of alternative and traditional medicine. The medical tourism industry in India is estimated to reach $6 billion by 2018.