Today, medical tourism is an industry that offers tremendous potential because of its low-cost medical treatment as well as a strong hospitality advantage for developing country like India. The medical tourism industry could have impressive growth shown by the software and pharmaceutical industry in India in the last decade. Medical tourism offers a significant opportunity to contribute to the growth of healthcare economies' of the country. The number of patients arriving in India to seek medical treatment is rising because the provision of high-quality health facilities at an affordable rate is projected to make medical tourism the next major foreign exchange earner. Medical Tourism is the key foreign exchange earner and promotes economic growth in other fields, such as tourism, transportation, pharmaceutical goods, hotels, and restaurant. In this study, the researcher has tried to assess the impact of the Indian Medical Tourism sector on the Economy.
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A 2020 study studied this question.