According to the Market Statsville Group (MSG), the global ayurveda hospitals market is estimated to grow at a CAGR of 14.2% from 2022 to 2030. Ayurveda focuses on the science of life and uses those principles to cure the ailment and improve the quality of life of people or patients. The growing demand for the ayurvedic treatment as it is more reliable and has zero side effects. Such factors resulted in the increasing construction of ayurveda hospitals globally. Ayurveda not only cures the ailment but also contributes to a healthy and positive mind, which increases an individual’s productivity.
Further, the growing government initiatives for the development of Ayurveda centers, surging naturopathy medical tourism, and rising awareness regarding the benefits of the Ayurveda medicines are factors accelerating the market's growth in forthcoming years. In addition, in June 2021, Bolo Indya, an India-based social live streaming platform, collaborated with the Ministry of AYUSH in order to improve awareness regard