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Historical Year
Forecast Year
The India hospital beds market size reached a value of around USD 4.07 billion in 2023. The market is further expected to grow at a CAGR of 7.20% during the forecast period of 2024-2032, likely to attain a value of around USD 7.62 billion by 2032.
Hospital beds are the beds which are used at hospitals and other care centres. These beds could be regular beds or be equipped with medical devices as well. These beds are also used for long term care facilities at nursing homes and care facilities as these can be adjusted according to the requirement of the patient. These beds can either be fully manual, semi electric, or fully electric.
The growth of the market is primarily being driven by the expanding healthcare sector. Other key factors that contribute significantly to the rising demand for hospital beds include the expanding healthcare infrastructure, increasing investment by the governments and healthcare organisations. The rapidly rising number of patients due to the rising number of accidents and the rising number of patients suffering from chronic disorders.
The demand for hospital beds witnessed extremely high demand during the historical period, especially during the COVID-19 pandemic, when the number of patients was overwhelming. The number of patients outnumbered the number of hospital beds, which is why the governments started emphasising on better healthcare infrastructure.
Based on type, the market is divided into product type, technology, application, treatment type, end user, and region.
Market Breakup by Product Type
Market Breakup by Technology
Market Breakup by Application
India Hospital Beds Market Breakup by Treatment Type
Market Breakup by End User
Market Breakup by Region
The rising geriatric population is anticipated to drive the growth of the market. With the rising cases of accidents across the globe, along with the rising prevalence of chronic diseases, the demand for hospital beds is on a rise. The market is also witnessing robust technological advancements, which is leading to the launch of much more beds. The rising expenditure on healthcare infrastructure and advanced facilities by the governments is also expected to provide a significant impetus to the growth of the market.
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model, along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the India hospital beds market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Technology |
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Breakup by Application |
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Breakup by Treatment Type |
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Breakup by End User |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market attained a value of USD 4.07 billion in 2023, driven by the rapidly growing and expanding healthcare sector.
The market is anticipated to grow at a CAGR of 7.20% during the forecast period of 2024-2032 to attain a value of around USD 7.62 billion by 2032.
The growth of the market is driven by factors like rising number of hospitals and clinics, increasing support from the government, and the rising technological advancements.
The key trends which are bolstering the market growth include the rising investment and fundings by government and other healthcare organizations.
The major regional markets include North, West, South, and East.
The product types can be categorised into general beds, paediatrics bed, birthing beds, respiratory beds, ICU beds, and bariatric beds, among others.
The different technology in the market can be categorised into electrical, semi-electric, and manual.
The hospital beds find wide applications in intensive care and non-intensive care.
Hospital beds are widely used in acute care, long-term care, and critical care, among others.
The key end-users include hospitals and home care settings, among others.
The key players in the market can be categorised into Midmark India Pvt. Ltd., Arjo Huntleigh Healthcare India Private Ltd., Paramount Bed India Pvt Ltd., Stryker India Pvt Ltd., Hill-rom India Private Ltd., Godrej Interio, Medline Industries India Private Limited, Invacare Corporation, Gita Mediquip Pvt. Ltd., and Geeta Surgicals.
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