Report on Medical Value Travel (MVT) Paradigm Shift
India is currently ranked as the fifth most attractive and favorite destination for Medical Value Tourism (MVT) as per a popular MVT tracking website. Patients from all over the world come to India for various kinds of treatment. A majority of them are from Nigeria, Iraq, Afghanistan, Bangladesh and Iran, besides other African countries. As per Invest India, a national investment promotion and facilitation agency, MVT patients increased from 1.83 lakh in 2020 to 3.04 Lakh in 2021 and the current MVT market is valued at $5–6 billion, and expected to be $13 billion by 2026.