Status : Published Published On : Apr, 2020 Report Code : VRHC1227 Industry : Healthcare Available Format : Page : 278

India Isolation Beds Market – Analysis and Forecast (2019-2025)

Industry Insights by Type (Manual, Electric, Hydraulic, Pneumatic), by Usage (Critical, Bariatric, Medical Surgery, Pediatric, Maternal), by End Use (General & Acute Care Hospitals, Multi-Specialty Hospitals, Specialized Hospitals, Ambulatory Surgical Centers, Others)

Industry Overview

The Indian isolation beds market size in terms of volume is estimated to be 308,519.0 units in 2020 and is predicted to reach 403,929.0 units by 2025, growing at a CAGR 5.5% during 2020 – 2025. The major factors driving the growth of the market is the increase in the number of coronavirus patient in the country. According to a website www.covid19india.org, the number of confirmed cases in India was 23,421, active cases was 17,598, and the number of recovered patient from coronavirus was 5,095 in April 24, 2020.

India Isolation Beds Market Highlights

In the past decade, various countries in the world have witnessed outbreak of viral diseases such as severely acquired respiratory syndrome (SARS), E-Bola, H1N1 virus, and COVID 19 (coronavirus). The death rate of COVID-19 appears to be higher in comparison to normal seasonal flu, and it differs with respect to location. For instance, at the epicenter (Hubei province, China) the death rate was 2.9%, whereas at other provinces it was 0.4%, and for India, the death rate was 3.1%.

To contain these outbreaks in hospitals, and other health centers, these facilities need to follow preventive measures of isolating infected patients. Viral infections can spread rapidly to other healthcare workers, visitors, and doctors. So there is necessity to have separate isolation wards with proper medical facility and preventive personal equipment for nurses and the doctors. For these highly contagious diseases, isolation is the primary step, this is why specialized cabins or isolation wards has been created within the hospital settings. This in turn, increasing the demand for isolation beds in the country.

Market Segmentation

Insight by Type

The manual category would hold the largest share in the Indian isolation beds market in 2019. Usually, the isolation beds across the world in use are the traditional hospital bed placed in the isolation wards. Such beds are often equipped with other necessities such as respiratory equipment.

Insight by Usage

Medical surgery segment is projected to witness fastest growth in the Indian isolation beds market. This is because of the increasing occurrence of surgical procedures in the country.

Insight by End Use

During the historical period (2015–2019), general & acute care hospitals segment were the largest bifurcation in the isolation beds market, on the basis of end use. This is ascribed to the rising need of intensive care units (ICU) due to COVID-19 pandemic. The more presence of general hospitals as compared to specialized and multi-specialty hospitals is the primary factor behind the growth of the segment.

Study Coverage

Details

Market Size Available for the Years in the Study

2015 – 2025

Historical Period

2015 – 2019

Base Year

2019

Forecast Period

2020 – 2025

Market Representation in the Study

In terms of Revenue in (USD Million), In terms Volume (Units) and CAGR from 2015 to 2019 (Historical), and 2020 to 2025 (Forecast)

Geographies Covered in the Study

Tamil Nadu, Andhra Pradesh, Gujrat, Rajasthan, Maharashtra, Telangana, Uttar Pradesh, Kerala, Madhya Pradesh, Karnataka, West Bengal, Delhi

Companies Covered in the Study

Invacare Corporation, Joerns Healthcare, Arjo Huntleigh (Division of Gentige AB), LINET Group, Joh. Stiegelmeyer GmbH & Co. KG, Stryker Corporation, Hill Rom Inc., Paramount Bed Holdings Co., Ltd., Medline Industries, Gendron, Inc., Span-America Medical Systems, Inc., Savion Industries Ltd., Stiegelmeyer GmbH & Co. Kg, and Malvestio S.P.A.

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Industry Dynamics

Industry Trends

This innovation is out most important in the situation where coronavirus is at its peak globally and is further expected to prevail for which vital safety measures are to be implemented. As a result, in the current situation low cost isolation beds in the country, is witnessing significant growth to cater its huge demand across several countries.

Growth Drivers

The sudden outbreak of coronavirus is the key factor driving the growth of the Indian isolation beds market. The drastic increase in the number of coronavirus patients is impacting every hospital in the country as a result to which demand for isolation beds in isolation wards are increasing rapidly. World Health Organization (WHO) has urged all the manufacturers of isolation beds globally to increase the production of these equipment on an immediate basis. According to a report by WHO in March 2020, the number of coronavirus patients exceeded to 200000 and in almost after twelve days the number would exceed by 100000.

Challenges

However, due to the coronavirus preventive lockdown situation in several countries, the manufacturing and the supply chains of the isolation beds have been critically affected. The procurement, transportation and distribution of raw materials to the manufacturing unit and the dearth of laborers in both emerging and developed nations has negatively impacted the desired production flow.

Geographic Overview

Geographically, Maharashtra isolation beds market size in terms of volume is estimated to be largest in the Indian isolation beds market in 2020, due to the huge number of COVID-19 cases in the state. The demand for isolation beds has been exceeded by Maharashtra government in order to fight against coronavirus. The demand of isolation beds from this state is much higher as compared to other states in India. According to a website www.covid19india.org, the number of confirmed cases in Maharashtra was 6,427, active cases was 5,304, and the number of recovered patient from coronavirus was 840 in April 24, 2020.

The government of India has sanctioned INR 15,000 crore for India Covid-19 Emergency Response and Health System Preparedness Package. The funds approved will be utilized in two parts — around INR 7,774 crore for immediate emergency response and rest for medium-term support (one to four years) to be offered under mission mode approach. As a result of huge initiatives undertaken by government authorities to fight COVID-19 is significantly attributing towards the growth of isolation beds market.

Competitive Insight

The key players operating in the Indian isolation beds market are Invacare Corporation, Joerns Healthcare, Arjo Huntleigh (Division of Gentige AB), LINET Group, Joh. Stiegelmeyer GmbH & Co. KG, Stryker Corporation, Hill Rom Inc., Paramount Bed Holdings Co., Ltd., Medline Industries, Gendron, Inc., Span-America Medical Systems, Inc., Savion Industries Ltd., Stiegelmeyer GmbH & Co. Kg, and Malvestio S.P.A.

Frequently Asked Questions

Due to the coronavirus preventive lockdown situation in several countries, the manufacturing and the supply chains of the isolation beds have been critically affected.
This innovation is out most important in the situation where coronavirus is at its peak globally and is further expected to prevail for which vital safety measures are to be implemented.
The manual category would hold the largest share in the Indian isolation beds market in 2019.
The sudden outbreak of coronavirus is the key factor driving the growth of the Indian isolation beds market.
The Indian isolation beds market size in terms of volume is estimated to be 308,519.0 units in 2020.

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Research Methodology

  •  Desk Research / Pilot Interviews
  •  Build Market Size Model
  •  Research and Analysis
  •  Final Deliverabvle
India Isolation Beds Market