India Hospital Services Market Size & Outlook, 2024-2030
The hospital services market in India is expected to reach a projected revenue of US$ 199,140.7 million by 2030. A compound annual growth rate of 7% is expected of India hospital services market from 2025 to 2030.
Revenue, 2024 (US$M)
$132,620.0
Forecast, 2030 (US$M)
$199,140.7
CAGR, 2025 - 2030
7%
Report Coverage
India
India hospital services market, 2018-2030 (US$M)
Related Markets
India hospital services market highlights
- The India hospital services market generated a revenue of USD 132,620.0 million in 2024 and is expected to reach USD 199,140.7 million by 2030.
- The India market is expected to grow at a CAGR of 7% from 2025 to 2030.
- In terms of segment, outpatient services was the largest revenue generating type in 2024.
- Outpatient Services is the most lucrative type segment registering the fastest growth during the forecast period.
Hospital services market data book summary
| Market revenue in 2024 | USD 132,620.0 million |
| Market revenue in 2030 | USD 199,140.7 million |
| Growth rate | 7% (CAGR from 2024 to 2030) |
| Largest segment | Outpatient services |
| Fastest growing segment | Outpatient Services |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Inpatient Services, Outpatient Services, Ancillary Services |
Other key industry trends
- In terms of revenue, India accounted for 3.0% of the global hospital services market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China hospital services market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 131,304.9 million by 2030.
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Hospital Services Market Scope
Hospital services market segmentation & scope
Hospital Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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India hospital services market size, by type, 2018-2030 (US$M)
India Hospital Services Market Outlook Share, 2024 & 2030 (US$M)
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