India Hospital Beds Market to Grow with a CAGR of 7.99% through 2030
Growth in research and development activities 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- By Region, Competition, Forecast and Opportunities,
2020-2030F”, the India Hospital Beds Market stood at USD 834.61 million in 2024 and is anticipated to grow with a CAGR of 7.99% in the forecast period through 2030.
Initiatives taken by government based on hospital beds has led to favorable
market conditions for the India Hospital Beds Market. Several factors
contribute to the growth of various Hospital Beds products.
In 2019, recognizing the importance of emergency care,
the Indian government took a significant step by making it mandatory for all
medical facilities to allocate a specific percentage hospital of total hospital
beds exclusively for emergency departments. This proactive measure aimed to
ensure prompt and efficient care for patients in critical situations.
Fast forward to the COVID-19 pandemic, the Indian
health system faced unprecedented challenges, including human resource
shortages. However, in the face of adversity, the system responded with remarkable
innovation. Health authorities implemented creative strategies to optimize the
utilization and management of hospital beds, ensuring that even amidst the
crisis, patients received the care they needed.
The introduction of innovative furniture, including advanced hospital beds, has been another crucial factor fueling the growth of the market. Extensive research and development initiatives have led to the development of smart beds equipped with cutting-edge features like adjustable height, side rails, and electronic buttons. These smart beds not only provide unparalleled comfort to patients but also allow them to conveniently operate both the bed and other nearby electronic devices. These technological advancements have had a significant impact on improving patient comfort and overall quality of care, ultimately driving the growth of the market.
Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "India Hospital Beds Market”
The India Hospital Beds Market is segmented into product
type, technology, application, treatment, sector, regional distribution, and
company.
Based on technology, The electrical segment is projected to experience rapid growth during the forecast period. With the continuous progress of technology, remarkable advancements have been made in the field of healthcare, leading to the creation of cutting-edge electric hospital beds. These beds are equipped with a multitude of features that ensure optimal patient comfort, including adjustable heights to cater to individual needs, tilting capabilities for easier positioning, and built-in pressure relief mattresses that alleviate the risk of bedsores. Such innovative features not only enhance the overall patient experience but also contribute to the delivery of superior patient care.
As India experiences rapid economic growth, there has been a significant increase in healthcare expenditure and the development of healthcare infrastructure. In line with the objective of offering improved healthcare services, healthcare providers have been investing in advanced equipment, including electric hospital beds. Recognizing the impact of these beds on patient comfort and care, the adoption of such state-of-the-art technology has witnessed a substantial rise, ensuring that patients receive the highest quality of care possible.
Based on region, West India segment is expected to
grow during the forecast period. Economic prosperity in West India, fueled by
industrialization and robust economic development, has led to a significant
rise in healthcare spending. As a result, hospitals in these economically prosperous
regions are increasingly investing in state-of-the-art medical equipment,
including advanced hospital beds designed to provide enhanced comfort and care
to patients. This not only reflects the commitment of these hospitals to
deliver high-quality healthcare services but also highlights the positive
impact of economic growth on the healthcare sector in West India.
Major companies operating in India Hospital Beds
Market are:
- Arjohuntleigh Healthcare India Private Ltd.
- Stryker India Pvt. Ltd.
- Midmark India Pvt. Ltd.
- Paramount Bed India Pvt. Ltd.
- Godrej Interio
- Hill Rom India Private Ltd. (Baxter International Inc)
- Gita Mediquip Pvt. Ltd.
- Surgical Mall Of India Private Limited
- Gentek Medical
- GPC Medical Ltd.
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“Growing application of hospital beds in various end
user industries are key drivers of the hospital beds market. Growth in
competitive landscape and presence of well-established companies in the market
who are dedicated to enhance their productivity of hospital beds with every
passing year are anticipated to register an impressive growth to India Hospital
beds Market in the forecast period.,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.
“India Hospital beds Market By Product Type (General
Beds, Pediatric Beds, Birthing Beds, Respiratory Beds, ICU Beds, Bariatric
Beds, Others), By Technology (Electrical, Semi-Electric, Mechanical, Others),
By Application (Intensive Care, Non-Intensive Care), By Treatment (Acute Care,
Long-term Care, Critical Care, Others), By Sector (Private, Public), By
Region, By Competition, Forecast & Opportunities, 2020-2030F”, 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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