India 10th biggest global medical tourism hub: Finance Minister

After becoming the pharmacy of the world, India has emerged as a medical tourism hub on the global healthcare map, said Union Finance Minister Nirmala Sitharaman, she said India’s medical tourism industry is estimated at $9 billion, which makes India the 10 th biggest global medical tourism hub. “It is good medical institutions that train and mould good doctors. About 2 million patients from around 76 countries visit India for medical, wellness and IVF treatments, generating $6 billion for the industry. This is expected to increase to $13 billion by 2026” she added. Sitharaman said India is already recognised as the pharmacy of the world as the Indian pharma industry is sought after by most countries mainly due to its expertise in producing medicines in accordance with global standards and for its cost competitiveness.