RIS study estimates India's AYUSH service sector at US$ 36.92 billion
30 September 2026
A study by the Research and Information System for Developing Countries (RIS), formally released on 23 September 2026 at the 11th Ayurveda Day in Nagpur and publicised by the Ministry of AYUSH on 30 September 2026, estimates the AYUSH service sector at US$ 36.92 billion in FY 2024-25.
The sector has grown at 16.91% CAGR since FY 2022-23 and supports 1.76 million livelihoods.
Medical value travel brings in US$ 1.77 billion.
Ayurveda is the largest single system at US$ 17.73 billion, about 48% of the total.
Women make up 43% of the workforce overall.
The survey covered 15,914 institutions across all six AYUSH systems.
The sector could reach US$ 216-318 billion by 2047.
Sector size, FY 2024-25:
US$ 36.92 billion
Growth since FY 2022-23:
16.91% CAGR
Livelihoods supported:
1.76 million
Institutions surveyed:
15,914
Why it matters for exams: Sector-size figures from national studies and the role of AYUSH in the economy are asked in economy and health papers.
Kerala PSCUPSC