In 2023, the average number of beds opened in medical institutions in China stood at 9.66 million. Beginning with 2024, forecasted data show a steady increase in bed openings. From 2024 to 2028, the figures are 10.01 million, 10.368 million, 10.723 million, 11.075 million, and 11.423 million, respectively.
The year-on-year percentage variations reveal a consistent upward trend:
- From 2023 to 2024: 3.62% increase
- From 2024 to 2025: 3.58% increase
- From 2025 to 2026: 3.42% increase
- From 2026 to 2027: 3.28% increase
- From 2027 to 2028: 3.14% increase
The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is 3.41%, indicating a stable yearly growth in the number of beds.
Future trends to watch for include advancements in healthcare infrastructure, policy changes impacting hospital expansion, and innovations in medical technology that may either increase efficiency or reduce the need for physical bed space.