India Mobile Hospital Market is expected to show robust growth due to increasing cases of heart attacks & strokes in the forecast period, FY2017-FY2027.
According to TechSci report on, “India Mobile Hospital Market, By Region, Competition Forecast & Opportunities, FY2017 – FY2027”, India mobile hospital market has shown promising growth in historical years until FY2020 and is expected to continue its growth in upcoming forecast years FY2023 to FY2027. India mobile hospital market owes its growth to the factors like rapidly increasing geriatric population of the country.
Geriatric population is more susceptible to cardiovascular diseases like coronary heart disease, congenital heart disease, etc. and with weak immune system their capability to recover also diminishes thereby creating surge in the demands for mobile hospitals along with their services and driving the growth of the India mobile hospital market in the upcoming five years.
Increasing instances of lifestyle diseases and infectious diseases like COVID-19 among the population leading sedentary lifestyle is further supporting the growth of the India mobile hospital market in the next five years. Rapidly increasing number of surgeries and demand for effective treatment is further substantiating the growth of the India mobile hospital market in the future five years.
Moreover, factors like consistent research and technological advancement in the innovative product development of mobile hospitals such that advanced medical devices, equipment, tools are all available and functional to provide excellent patient care are further anticipated to support further growth of India mobile hospital market in the forecast period.
Also, increasing instances of diabetes and obesity are also responsible for the increasing cases of cardiac arrest and thus substantiate the growth of the India mobile hospital market in the future five years. Rapidly increasing instances of road accidents, along with increasing demand for consultation for physical and mental health is also supporting the growth of the India mobile hospital market in the forecast years, until FY2027.
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The India mobile hospital market segmentation is based on function, bed capacity, application, competitional landscape, and regional distribution. Based on function, the market is further fragmented into observation, therapy/treatment, consultation, and others. Observation sub-segment is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years due to increasing demand for reducing patient burden from the hospitals and clinics.
Also, increasing demand for the outpatient services and post-op medical attentions are easily available in mobile hospitals and thus drive the growth of the India mobile hospitals market in the next five years. Therapy/treatment sub-segment may register significant growth in the future five years on the account of increasing demand for the emergency treatments for various diseases. Also, increasing therapeutic treatment for the diseases like cancer, neurological diseases, orthopedic therapy, etc. is also supporting the growth of the India mobile hospital market in the forecast years.
The market segmentation based application, is bifurcated into cardiovascular, neurosurgery, laparoscopy surgery, emergency care, diagnostic imaging, and others. Cardiovascular applications are anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the account of increasing instances of cardiovascular diseases among the population. Rapidly increasing demand for the emergency attention to the cardiac arrest patients and patients suffering from or at a risk of other cardiovascular diseases is further aiding the growth of the India mobile hospital market in the forecast period.
A partial list of market players in the field includes:
· Mobile Hospital Designers & Developers India Pvt. Ltd.
· Jesai Healthcare (India) Pvt. Ltd.
· Modulus Housing
· BAE Systems
· Integrity Medical Solutions
· Sarvottam Appliances Private Limited
· Azael Manufacturing Pvt. Ltd.
· Bafna Healthcare Private Limited
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“Indian healthcare industry is rapidly growing. India mobile hospital market is anticipated grow along with the growing healthcare services demands. Mobile hospitals were earlier used for army welfare to provide them with the excellent healthcare services during their warfare, etc. The concept of mobile hospital is now further commercialized by government for increasing situations where emergency services demand is further increasing and existing hospitals and clinics are not sufficient to manage such high patient count, and thus drives the growth of the India mobile hospital market in the future five years. New market players entering the market in the future may invest in extended research and innovative product development for their brand establishment. Partnerships and conjugation with the global giants dominating the market may support future market growth,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“India Mobile Hospital Market By Function (Observation, Therapy/Treatment, Consultation, Others), By Bed Capacity (Less than 20 Beds, 20-30 Beds, up to 50 Beds), By Application (Cardiovascular, Neurosurgery, Laparoscopy Surgery, Emergency Care, Diagnostic Imaging, Others), By Region, Competition Forecast & Opportunities, FY2027” has evaluated the future growth potential of India mobile hospital 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 mobile hospital market.
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