India's Ambitious Plan: Becoming a Global Medical Hub by 2035

A report suggests India could lead in global medical tourism by 2035 by offering tax incentives, launching branding campaigns, and improving infrastructure. The aim is to grow from a USD 18.2 billion market in 2025 to USD 58.2 billion. Strategic policy implementation and international collaborations are key recommendations.

In a bid to become a leader in global medical tourism, India needs to introduce tax incentives for hospitals treating international patients and stimulate health sector startups, according to a new report.

The 'Heal in India: Catalysing Medical and Wellness Tourism for a Healthier Global Future' report predicts India's medical tourism market could grow from USD 18.2 billion in 2025 to USD 58.2 billion by 2035, reflecting a 12.3% annual growth.

Recommendations include launching international branding campaigns and creating 'Heal in India' missions nationwide, to attract investment and enhance service delivery. The report emphasizes the need for fiscal incentives at hospitals and for health-tech startups, as well as enhancing medical insurance collaborations globally.

(With inputs from agencies.)