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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
India Hospital Market Size
The India hospital market was valued at USD 98.98 billion in 2023, driven by the rise in the prevalence of chronic and infectious diseases across India. The market size is anticipated to grow at a CAGR of 5.8% during the forecast period of 2024-2032 to achieve a value of USD 164.4 billion by 2032.
India Hospital Market Report Snapshots
India Hospital Market Analysis
*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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Key Questions Answered in the Report
The market attained a value of USD 98.98 billion in 2023, driven by the rising demand for care and treatment owing to the rising prevalence of chronic disorders and emergencies.
The market is anticipated to grow at a CAGR of 5.8% during the forecast period of 2024-2032 to attain a value of USD 164.4 billion by 2032.
The increasing prevalence of chronic and infectious diseases and increasing patient population are among the major factors driving the market growth.
The increased adoption of artificial intelligence and machine learning in Indian hospitals is a key trend for the market.
The major regions of the market include regional, district, rural, among others.
The different types of hospitals in India include general, multi- specialty, specialty, teaching cum research hospital.
The different ownerships of Indian hospitals are public, private, semi - government hospital, voluntary agency hospital.
The bed capacities offered by Indian hospitals include small hospital (up to 100 beds), medium hospital (101-300 beds), large hospital (more than 300 beds).
The type of services in the hospitals include in-patient services and out-patient services.
Key players involved in the market are Apollo Hospitals Enterprise Limited, Max Healthcare Institute Limited, Fortis Healthcare Limited, Narayana Health, Aster DM Healthcare Limited, Shalby Limited, Medanta The Medicity Global Health Pvt Ltd, Tata Memorial Center (TMC), All India Institute of Medical Science (AIIMS), Kokilaben Dhirubhai Ambani Hospital & Medical Research Institute, Sir Ganga Ram Hospital, and Lilavati Hospital & Research Centre.
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