India’s Ayush services economy is emerging as a significant part of the country’s healthcare and wellness sector, with its economic contribution estimated at .92 billion in FY2024-25, according to a study by the Research and Information System for Developing Countries (RIS).The study estimates that the Ayush services economy could expand to between 6 billion and 8 billion by 2047, highlighting its potential contribution to India’s long-term economic and healthcare goals.Key Highlights Ayush services economy estimated at .92 billion in FY2024-25 Sector recorded a 16.91% CAGR since FY2022-23 Economy could reach 6–318 billion by 2047 Sector directly supports around 1.76 million livelihoods Ayurveda generated nearly .73 billion Ayush-based wellness recorded a 21.29% CAGR Medical Value Travel generated around .77 billionAyush Services Economy Records Strong GrowthAccording to the RIS study, the sector recorded a 16.91% compound annual growth rate (CAGR) between FY2022-23 and FY2024-25.The assessment was based on a nationally scaled survey covering 15,914 establishments across all six Ayush systems.Clinics and day-care centres accounted for more than 71% of total sector revenue. Standalone clinics contributed an estimated .21 billion, while day-care centres generated around .13 billion.Ayurveda Remains the Largest Ayush SystemAyurveda accounted for the largest share among the individual Ayush systems. The study estimated its contribution at .73 billion, representing nearly 48% of the total Ayush services economy.The sector has also expanded beyond clinical healthcare into wellness services, including yoga centres, spas and resorts.The Ayush-based wellness segment recorded a 21.29% CAGR, while revenue generated by yoga centres increased by around 75% over two years, according to the study.Ayush Sector Supports 1.76 Million LivelihoodsThe growing Ayush services economy is also contributing to employment. The RIS study estimates that the sector directly supports around 1.76 million livelihoods.More than one million jobs are concentrated in local and standalone clinics. Women account for approximately 43% of the overall workforce, with their participation exceeding 50% in several organised segments.Medical Value Travel Adds to Sector GrowthMedical Value Travel is another growing area for Ayush services. The sector generated an estimated .77 billion in Medical Value Travel revenue in FY2024-25.Although international patients account for around 5% of patient volumes, they contribute an estimated 15–25% of hospital-segment revenues.The study also found that establishments with a dedicated functional website had higher odds of attracting international patients, while recognised quality accreditation such as NABH or ISO was associated with increased international reach.Ayush Economy Could Reach 8 Billion by 2047The RIS study projects that India's Ayush services economy could grow from .92 billion in FY2024-25 to 6–318 billion by 2047.The projection is linked to improvements in infrastructure, quality standards, workforce skills, digital capabilities and access to international markets.The report identifies four broad areas for future development: the Ayush knowledge value chain, enterprise and institutional capabilities, global competitiveness and Medical Value Travel, and innovation through digital technologies and Artificial Intelligence.The study was formally released during the 11th Ayurveda Day celebrations in Nagpur on September 23, 2026.
