Press Release

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, 2018-2030”, 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. 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.

Browse over 51 market data Figures spread through 152 Pages and an in-depth TOC on "India Hospital Beds Market

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.

The India Hospital Beds Market is segmented into product type, technology, application, treatment, sector, regional distribution, and company.

Based on its product type, the general beds segment held the largest market share in the forecast period. India's high population density, coupled with the necessity for healthcare accessibility across diverse geographical regions, significantly contributes to the demand for general beds. As a result, the vast majority of India's population, particularly in rural areas, faces the challenge of limited access to advanced healthcare facilities. In these underserved regions, where specialized medical resources are scarce, general beds emerge as the most practical and feasible option to cater to the healthcare needs of the local communities. By providing a versatile and adaptable solution, general beds play a crucial role in bridging the gap and ensuring that essential healthcare services reach those who need them the most.

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 with 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, 2018-2030”, 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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