Home / Business and Economy / Ayush Sector Booms: $318B by 2047, Women Key to Growth
Ayush Sector Booms: $318B by 2047, Women Key to Growth
5 Oct
Summary
- Ayush services support 1.76 million livelihoods in India.
- Women hold over 50% workforce share in organized Ayush segments.
- Sector projected to reach $216-318 billion by 2047.
The Ayush services sector in India is a substantial contributor to employment, supporting an estimated 1.76 million livelihoods. Women constitute a significant portion of this workforce, making up 43% overall.
Notably, women's participation surpasses 50% in several organized segments, including hospitals, day-care centers, and educational institutes. This highlights the sector's role in fostering inclusive economic growth and empowering women in the workforce.
Ayurveda remains the largest revenue generator within the sector, contributing approximately 48% of the total Ayush services revenue. The wellness segment, including Yoga centers, is experiencing robust growth, with rising demand for preventive healthcare.
The sector is projected for remarkable expansion, anticipated to grow from USD 36.92 billion in FY2024-25 to an estimated USD 216-318 billion by 2047. This growth is expected to create numerous opportunities across healthcare delivery, wellness, education, and medical travel.
