The number of hospital beds in China has shown consistent growth from 2013 to 2023, with a notable increase of about 74.2% over these years. In 2023, the number of beds stood at 797.48 ten thousand units, reflecting a year-on-year growth rate of 3.63% from 2022. The compound annual growth rate (CAGR) over the last five years was 4.11%, down from the preceding years indicating a decelerating trend.
From 2024 onwards, the forecasted data suggests slower but ongoing growth. By 2028, the number of beds is expected to reach 935.2 ten thousand units, with a projected five-year CAGR of 2.53% and an overall growth rate of 13.32%.
Future Trends to Watch For:
- Technological advancements and the implementation of smart hospital systems
- Government policies and investments in healthcare infrastructure
- Impact of aging population on healthcare demands
- Emerging healthcare trends such as telemedicine and outpatient services
- Regional disparities in hospital bed distribution and growth
