New Delhi: Backed by sustained healthy demand for healthcare services and continued market share gains for organised players, the aggregate occupancy for the Indian hospital industry will remain strong at 61-63 per cent in the financial year 2025, according to a report by rating agency ICRA on Thursday.

New Delhi, Aug 8 (IANS) Backed by sustained healthy demand for healthcare services and continued market share gains for organised players, the aggregate occupancy for the Indian hospital industry will remain strong at 61-63 per cent in the financial year 2025, according to a report by rating agency ICRA on Thursday.

Rising incidence of non-communicable lifestyle diseases, growing per capita spending on healthcare and awareness levels, increasing penetration of health insurance, and higher medical tourism volumes will continue to support the business prospects of industry players going forward.

The report showed that average revenue per occupied bed (ARPOB) is expected to witness a moderate growth of 4-6 per cent in FY2025. This came after an expansion of 11 per cent in FY2024.

Improving the speciality mix, better payor mix (with a focus on cash and insurance patients) and annual price revisions by companies to offset cost inflation is expected to support the ARPOB growth for the sample set companies.