Ayush market grew $43.4 bn in 2023, exports doubled to $2.16 bn: Shripad Yesso Naik

Naik outlined the significant strides made in the Ayush sector by highlighting the Ministry's efforts in integrating traditional Indian medicine into mainstream healthcare

Parul Parul     December 3, 2024

The Ministry of Ayush has witnessed a transformative journey over the last decade, with the Ayush market growing exponentially — from $2.85 billion in 2014 to $43.4 billion in 2023, said Union Minister Shripad Yesso Naik on Monday.

With exports doubling from $1.09 billion to $2.16 billion, he noted that the country has positioned itself as a global leader in traditional medicine.

Since its inception in 2014, the Ayush Ministry has driven significant advancements in public health, education, research, and economic development, aligning with UN Sustainable Development Goals (SDGs) and Universal Health Coverage (UHC).

Naik outlined the significant strides made in the Ayush sector by highlighting the Ministry’s efforts in integrating traditional Indian medicine into mainstream healthcare.

The Minister of State for New and Renewable Energy and Power also lauded the Ministry for expanding Ayush infrastructure in the country.

He stated that with the Ministry’s efforts, the country now has more than 755,780 registered Ayush practitioners, 886 undergraduate and 251 postgraduate colleges with an annual intake of 59,643 UG students and 7,450 PG students.

About 3,844 Ayush hospitals and 36,848 dispensaries have also been set up, while over 43,000 studies are hosted on the Ayush Research Portal, emphasising evidence-based healthcare.

The Ministry has also led digital transformation through initiatives like Ayush Grid, e-Sanjeevani telemedicine, and AI integration for improved healthcare delivery.

Ayush Telemedicine has brought quality healthcare to remote regions, Naik stated.

“The global presence of Ayush significantly strengthened through strategic collaborations and initiatives,” he added.

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