India's hospital industry is projected to experience robust revenue growth of 16-18% in FY26, according to ICRA. This expansion is attributed to sustained healthy occupancy rates, expected between 62-64%, and an increase in average revenue per occupied bed (ARPOB) by 6-8%. The sector's operating profit margin (OPM) is anticipated to remain strong at 22-24%, supported by improved case mix and cost optimization efforts.