Wellness and Rejuvenation Industry in India

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With a rich tradition of ancient practices such as Ayurveda and Yoga, India has become a top destination for wellness and rejuvenation. In recent years, globalization has bridged the gap between the East and the West, increasing interest in alternative medicinal practices like Naturopathy and Siddha. This interest extends beyond science to a multi-dimensional approach to physical, mental, and emotional well-being.

India attracts a steady influx of tourists from the United States, United Kingdom, Canada, Germany, and France. Wellness resorts across the country offer not only the best Ayurvedic treatments but also personalized wellness programs tailored to individual needs.

Projected to grow at a Compound Annual Growth Rate (CAGR) of nearly 12%, India's wellness sector is expected to reach US$ 23 billion by 2020. Globalization and international tourism have contributed significantly to this growth, alongside several key domestic factors.

  • Urbanization has led to an increase in lifestyle-related diseases, driving demand for specialized care in areas such as high blood pressure, high cholesterol, and obesity.
  • Government initiatives, such as the establishment of the AYUSH Ministry in 2014, have bolstered traditional medicine and Yoga, fueling a resurgence of interest in these fields.
  • Private sector investments in the wellness industry have surged. Major players like Apollo, VLCC, and Manipal Group are expanding their presence, setting up wellness and rejuvenation centers nationwide, including the best Ayurvedic hospitals in Delhi.

India is the second-largest exporter of Ayurvedic and herbal products, with over 10,000 medicinal plants. The Ayurvedic industry is projected to reach US$ 9 billion by 2022. Recognizing this immense potential, both public and private stakeholders have significantly increased their investments in infrastructure and education.

In 2017-18, India had 460 government-recognized Ayurveda and homeopathy colleges. This number has grown due to continued government support, increasing the number of qualified Ayurveda practitioners in the country. These investments ensure that India's best Ayurvedic doctors are well-educated, accredited, and highly skilled.

With sustained government efforts to promote alternative medicine systems and growing awareness of wellness, India is poised to become a global hub for wellness in the coming years.

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