India's hospital sector is projected to grow at an 11-12% CAGR, driven by increasing insurance penetration, medical tourism, and rising healthcare demands. Factors like low hospital bed density, chronic diseases, an aging population, and affordable, high-quality care contribute to this robust outlook. India is a top global destination for medical tourism, attracting over 700,000 tourists annually, primarily from Africa, West Asia, and South Asia. The private sector is expected to lead this growth, benefiting from sustained demand.