India Medical Furniture Market Outlook (2022-2028) | Trends, Value, Size, Growth, Share - 6Wresearch

Nitesh17 Jan, 2023Business

India Medical Furniture Market size is projected to grow at a CAGR of 8.9% during 2022-2028. India medical furniture market is in the growing stage of the industry life cycle as the healthcare market is rapidly witnessing growth in the country such that the healthcare industry size is estimated to reach Rs 27.7 lakh crore by 2022. Also, rapid urbanization, increasing geriatric population, disposable income, and increasing per capita income that is expected to reach $2.48 thousand in 2024, is also contributing significantly to the market growth. India medical furniture market is expected to drive positively during the forecast period due to the rising number of chronic diseases along with an increasing number of hospitals and clinics.