India Hospital Beds Market to Grow with a CAGR of 7.99% through 2030
Increasing healthcare infrastructure and Minimally
invasive surgery demand. is expected to drive the India Hospital Beds Market
growth in the forecast period, 2025-2030.
According to
TechSci Research report, “India Hospital Beds Market – Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2030”, the India
Hospital Beds Market stood at USD 834.61 million in 2023 and is
anticipated to grow with a CAGR of 7.99% in the forecast period, 2025-2030.
The India
Hospital Bed market is a vital and dynamic sector within the country's
burgeoning healthcare industry. It plays a pivotal role in addressing the
healthcare needs of India's vast and diverse population. This overview delves
into the multifaceted dynamics of the India Hospital Bed market, exploring the
demand drivers, supply chain considerations, and government initiatives that
collectively contribute to its growth and evolution.
India is the
world's second-most populous country, with over 1.3 billion people. This
demographic dividend also presents a healthcare challenge, as a larger
population leads to increased healthcare requirements, including
hospitalization and medical treatments that necessitate hospital beds. India's
healthcare landscape encompasses a wide spectrum of medical treatments, ranging
from routine healthcare services to complex surgeries. As the country's
healthcare infrastructure expands, so does the demand for specialized hospital
beds catering to various medical specialties, including general beds, ICU beds,
birthing beds, pediatrics beds, and more. India has witnessed significant
investments in healthcare infrastructure development. The construction and
expansion of hospitals, clinics, and healthcare facilities across the country
have created a need for a substantial number of hospital beds to cater to the
growing patient population. India has emerged as a prominent medical tourism
destination, attracting patients from around the globe. The availability of
high-quality medical services at competitive prices has driven the demand for
hospital beds, especially in hospitals that cater to international patients.
Browse over 47 market data Figures spread through 136 Pages and an in-depth TOC on "India Hospital Beds Market”
The supply chain
for hospital beds in India is a critical component of ensuring timely access to
these essential medical assets. Several aspects merit consideration: The global
healthcare supply chain, including the procurement of raw materials,
components, and finished products, can be susceptible to disruptions. Events
like the COVID-19 pandemic have highlighted the importance of resilient supply
chains in maintaining an uninterrupted flow of hospital beds and related
equipment. India has seen a rise in the local manufacturing of hospital beds
and related medical equipment. Domestic manufacturing not only enhances
self-reliance but also reduces dependency on international suppliers,
mitigating supply chain risks. Ensuring that hospital beds meet stringent
quality and safety standards is paramount. Manufacturers must adhere to
regulatory frameworks and certifications to guarantee the reliability and
efficacy of hospital beds.
The Indian
government recognizes the pivotal role of hospital beds in the healthcare
system and has implemented several initiatives to foster growth in this sector:
The government's ambitious Ayushman Bharat program aims to provide healthcare coverage
to over 100 million economically disadvantaged families. This initiative has
led to increased investments in healthcare infrastructure, including the
procurement of hospital beds. NHM focuses on strengthening healthcare systems
and infrastructure in rural and underserved areas. This includes the
establishment of new healthcare facilities, which require hospital beds to
cater to the local population. The Make in India campaign encourages domestic
manufacturing across sectors, including healthcare equipment. This initiative
has spurred the production of hospital beds within the country, reducing
reliance on imports.
Several states
in India have launched initiatives to bolster healthcare infrastructure,
including the expansion of hospitals and clinics. These projects involve the
procurement of hospital beds, stimulating demand in the market. In conclusion,
the India Hospital Bed market is driven by a combination of demographic
factors, healthcare infrastructure expansion, and government initiatives aimed
at improving healthcare access. The supply chain considerations underscore the
need for a resilient and quality-focused approach to ensure a steady flow of
hospital beds to healthcare facilities across the country. As India's
healthcare ecosystem continues to evolve, the hospital bed market is expected
to grow and adapt to meet the ever-increasing healthcare needs of the
population.
The India
Hospital Beds Market is Product type, technology, application, treatment,
sector, region and company.
Based on Product
type, General beds enjoy higher demand in the India Hospital Beds market due to
their versatility and cost-effectiveness. These beds can cater to a wide
spectrum of patients with varying medical conditions, making them an essential
asset in the diverse healthcare landscape of India. Hospitals and healthcare
facilities appreciate their adaptability, as they can readily accommodate
patients with different needs without the need for specialized equipment. Another
key factor driving the demand for general beds is their scalability. In a
country where healthcare demands can surge unpredictably, especially during
health crises or seasonal outbreaks, the ability to quickly adjust bed capacity
is crucial. General beds are readily available and can be procured in larger
quantities when necessary, providing hospitals with a flexible and responsive
solution to meet patient admission surges.
Furthermore,
general beds are economically efficient, especially when compared to
specialized alternatives like ICU or birth beds. In a healthcare sector often
operating under budget constraints, the cost-effectiveness of general beds
makes them a practical choice for hospitals and healthcare institutions seeking
to balance quality patient care with financial sustainability. Overall, their
versatility, scalability, and affordability contribute to the continued high
demand for general beds in the India Hospital Beds market.
Based on region,
The western region of India is emerging as the fastest-growing region in the
India Hospital Beds market due to several converging factors. Firstly, the western region houses major
metropolitan cities such as Mumbai, Pune, and Ahmedabad, which serve as
economic and healthcare hubs. These urban centers attract significant
investments in healthcare infrastructure, including the construction of new
hospitals and the expansion of existing ones. As a result, there is a robust
demand for hospital beds to cater to the burgeoning population of these cities.
Secondly, the western region has witnessed a surge in medical tourism, with
patients from both within India and abroad seeking high-quality medical
treatments. The availability of world-class healthcare facilities in cities
like Mumbai has driven the need for a larger number of hospital beds to
accommodate the influx of patients.
Additionally,
the western region is home to numerous specialty hospitals, research
institutions, and medical colleges, leading to a higher concentration of
healthcare facilities that require specialized beds for various medical
disciplines. This diversity in healthcare services further fuels the demand for
a wide range of hospital beds. Moreover, the western region's economic
prosperity and relatively higher per capita income levels have enabled
individuals to seek better healthcare services, including elective surgeries,
resulting in increased hospitalization rates and, subsequently, a surge in
demand for hospital beds.
In conclusion,
the western region's rapid economic growth, medical tourism influx,
concentration of healthcare institutions, and rising healthcare-seeking
behavior are collectively propelling it to become the fastest-growing region in
the India Hospital Beds market.
Major companies
operating in India Hospital Beds Market are:
- Midmark India Pvt. Ltd.
- Stryker India Pvt. Ltd.
- Paramount Bed India Pvt. Ltd.
- Arjohuntleigh Healthcare India Private Ltd.
- Hill Rom India Private Ltd. (Baxter International Inc.)
- Gita Mediquip Pvt. Ltd.
- Surgical Mall Of India Private Limited
- Gentek Medical
- Godrej Interio
- GPC Medical Ltd
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“The future of
hospital beds in India is poised for significant evolution in the coming years.
As the country continues to invest in expanding its healthcare infrastructure,
hospital bed technology and design will undergo advancements to enhance patient
comfort and care. The adoption of smart beds with integrated monitoring and
connectivity features is expected to rise, improving healthcare delivery and
patient outcomes. Furthermore, there will be a growing focus on sustainability,
with the development of eco-friendly and energy-efficient hospital beds. The
demand for specialized beds catering to specific medical disciplines, such as
critical care and bariatrics, will continue to grow with the increasing
prevalence of chronic diseases and complex healthcare needs. Telemedicine and
remote patient monitoring may influence the design of hospital beds to
accommodate virtual healthcare delivery. The government's healthcare
initiatives, coupled with rising healthcare awareness, will likely boost
demand. In summary, the future of hospital beds in India entails innovation,
sustainability, specialization, and adaptability to meet the evolving
healthcare landscape's demands.,” said Mr. Karan Chechi, Research Director with
TechSci Research, a research-based management consulting firm.
“India Hospital Beds Market Segmented By Product Type (General Beds, Pediatric Beds, Birthing
Beds, Respiratory Beds, ICU Beds, Bariatric Beds, Others), By Technology
(Electrical, Semi-Electric, Manual), By Application (Intensive Care,
Non-Intensive Care), By Treatment (Acute Care, Long-term Care, Critical Care,
Others), By Sector (Private, Public), By Region, Competition, Forecast
& Opportunities, 2018-2028F”, has evaluated
the future growth potential of India Hospital Beds Market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in India Hospital Beds Market.
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