MEDICAL TOURISM COVER STORY
MEDICAL VALUE TRAVEL
BACK WITH A BANG Vinod Nedumudy
The global medical value travel (MVT) market which accounted for US$ 54.4* billion in 2020 is projected to reach US$200 billion by 2027. The pandemic may have interrupted the smooth progress of the sector, but experts feel that by the end of this year it will return to the pre-Covid pattern and then make a surge in 2023. However, India’s share in the global market was at US$ 5-6 billion pre-Covid, which shows that there is a huge potential to be tapped and the players in the sector, recovering from the pandemic, are optimistic about making a surge, reports Vinod Nedumudy
Source: statista.com
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14 Medical Tourism Apr - Jun 2022
