Healthcare has become one of India's largest sectors both in terms of revenue and employment. Healthcare market in India is expected to reach US$ 372 billion by 2022, driven by rising incomes, greater health awareness, lifestyle diseases and increasing access to insurance, while medical devices market is expected to cross US$ 11 billion by 2022 The healthcare market can increase three fold to Rs, 8.6 trillion (US$ 133.44 billion) by 2022. Indian medical tourism market is growing at the rate of 18 per cent year on year and is expected to reach US$ 9 billion by 2020. There is a significant scope for enhancing healthcare services considering that healthcare spending as a percentage of Gross Domestic Product (GDP) is rising. The Government of India is planning to increase public health spending to 2.5 per cent of the country's GDP by 2025. The health share of Gross Domestic Product (GDP) is expected to rise 19.7 per cent by 2027. The hospital and diagnostic centers attracted Foreign Direct Investment (FDI) worth US$ 6.34 billion between April 2000 and June 2019, according to data released by the Department of Industrial Policy and Promotion (DIPP).