India Intensive Care Unit (ICU) Beds Market Size and Share

India Intensive Care Unit (ICU) Beds Market (2025 - 2030)
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

India Intensive Care Unit (ICU) Beds Market Analysis by Mordor Intelligence

The India Intensive Care Unit Beds Market size is estimated at USD 2.10 million in 2025, and is expected to reach USD 2.81 million by 2030, at a CAGR of 5.98% during the forecast period (2025-2030).

ICU beds refer to specialized hospital equipment designed to provide critical care support, ensuring patient safety and comfort during intensive medical treatment. In India, the ICU beds market has been growing due to several factors, including the increasing prevalence of chronic diseases and technological advancements. Additionally, the growing healthcare infrastructure is also expected to drive the growth of the ICU beds market in India in the coming years.

The evolving healthcare policies and infrastructure improvements are expected to drive the market’s growth over the forecast period. For instance, in April 2023, the Indian Journal of Critical Care Medicine reported that India has an estimated 2.3 ICU beds for every 100,000 people in 2023, a figure derived from models assessing the percentage of ICU beds in hospitals. Moreover, the National Health Mission is working to ensure that states offer healthcare that is not only accessible and affordable but also of high quality. Recent initiatives, including national insurance schemes and a push for universal healthcare, signal a shift towards a holistic, need-based approach to healthcare, moving away from a fragmented, sectoral view. These advancements are expected to create opportunities for stakeholders in the ICU beds market as the demand for improved healthcare infrastructure continues to grow.

Moreover, increasing government initiatives aimed at enhancing healthcare infrastructure are contributing to market growth. For instance, in Octopber 2024, the Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) successfully impaneled 27,742 hospitals, comprising 11,973 private institutions, collectively boasting 1.33 million beds, including ICU. Notably, among these, 7,005 hospitals were equipped with over 50 beds, 3,196 facilities exceeded the 100-bed mark, and 435 institutions stood out with more than 500 beds. These developments underscored the growing focus on strengthening healthcare delivery systems, presenting opportunities for stakeholders in the ICU beds market to align with the evolving infrastructure needs.

The increasing prevalence of chronic diseases, coupled with increased healthcare infrastructure, is anticipated to drive market growth over the forecast period. However, the high cost associated with advanced beds may act as a barrier, potentially limiting the market's expansion in the country during the same period.

Competitive Landscape

A mix of established companies and emerging players characterize the competitive landscape of the ICU beds market in India. The market is moderately consolidated yet dynamically competitive. Additionally, many companies offer specialized solutions, contributing to a vibrant and evolving ecosystem. Some of the major players in the market include Stryker Corporation, Paramount Bed Co. Ltd, LINET, Arjo, and Midmark India Pvt Ltd.

India Intensive Care Unit (ICU) Beds Industry Leaders

  1. Stryker Corporation

  2. Paramount Bed Co. Ltd

  3. LINET

  4. Arjo

  5. Midmark India Pvt Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
India ICE Beds Market Concentration
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Need More Details on Market Players and Competitors?
Download PDF

Recent Industry Developments

  • February 2025: Falcon ICU, a division of Critical Care Unified (CCU), partnered with Mahajan Hospital to establish its second Smart ICU unit in Mumbai. This strategic collaboration aims to address the increasing demand for ICU services by leveraging the expertise of skilled Intensivists, adherence to international protocols, and advanced technological solutions. The newly launched ICU unit is designed to meet the growing requirements of mid-sized hospitals in Mumbai, positioning itself as a key provider of critical care services. Over the next five years, Falcon ICU plans to invest in approximately 3,000 ICU beds, targeting mid-sized hospitals across metropolitan and rural areas in India.
  • January 2025: Cama Hospital, a state-run facility in Mumbai, introduced its newly renovated neonatal intensive care unit (NICU), showcasing advancements in infection control. The newly inaugurated NICU includes 21 ICU beds, half of which are currently operational, and the remaining was expected to be functional within a month.

Table of Contents for India Intensive Care Unit (ICU) Beds Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
  • 4.3 Market Restraints
  • 4.4 Porter's Five Force Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry
  • 4.5 PESTLE Analysis
  • 4.6 Industry Trends: By Product Type
    • 4.6.1 Number of End Users
    • 4.6.2 Average Product Usage per End User
    • 4.6.3 Product Replacement Cycle
  • 4.7 Regulatory Framework

5. PRICING ANALYSIS

  • 5.1 Average Selling Prices of ICU Beds
  • 5.2 Average Selling Price of Key Players By ICU Beds

6. MARKET SEGMENTATION (Market Size by Value in USD and Volume in Units)

  • 6.1 By Product Type
    • 6.1.1 Electric ICU Beds
    • 6.1.2 Manual ICU Beds

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Stryker Corporation
    • 7.1.2 Paramount Bed Co. Ltd
    • 7.1.3 LINET
    • 7.1.4 Arjo
    • 7.1.5 Midmark India Pvt Ltd.
    • 7.1.6 Godrej Interio
    • 7.1.7 Narang Medical Ltd.
    • 7.1.8 IndoSurgicals Private Limited.
    • 7.1.9 MEDILITE
    • 7.1.10 Ankitech Services, Inc.
  • *List Not Exhaustive

8. ANALYST RECOMMENDATIONS: EMERGING TRENDS AND OPPORTUNITIES

You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

India Intensive Care Unit (ICU) Beds Market Report Scope

As per the report's scope, ICU beds, designed for critically ill patients, are equipped with advanced features such as height adjustments, head and foot tilts, and CPR positioning. These functionalities ensure patient stability and enhance the operational efficiency of healthcare providers. 

The India ICU beds market report provides a comprehensive analysis of the current state and growth potential of the country's ICU beds market. The market is segmented by product type, which includes ICU electronic and manual beds. The report offers the market size in terms of both value (in USD) and volume (in units) for the above segments.

By Product Type
Electric ICU Beds
Manual ICU Beds
By Product Type Electric ICU Beds
Manual ICU Beds
Need A Different Region or Segment?
Customize Now

Key Questions Answered in the Report

How big is the India ICU Beds Market?

The India ICU Beds Market size is expected to reach USD 7.61 million in 2025 and grow at a CAGR of 5.98% to reach USD 10.18 million by 2030.

What is the current India ICU Beds Market size?

In 2025, the India ICU Beds Market size is expected to reach USD 7.61 million.

Who are the key players in India ICU Beds Market?

Stryker Corporation, Paramount Bed Co. Ltd, LINET, Arjo and Midmark India Pvt Ltd. are the major companies operating in the India ICU Beds Market.

What years does this India ICU Beds Market cover, and what was the market size in 2024?

In 2024, the India ICU Beds Market size was estimated at USD 7.15 million. The report covers the India ICU Beds Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the India ICU Beds Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Page last updated on: