New Delhi, May 10 -- The Indian hospital sector is poised for a sustained expansion over the next decade, driven by structural demand and a fresh investment cycle, according to a research report by brokerage firm Miare Asset Sharekhan.

After years of balance-sheet repair and measured growth, listed chains are now accelerating capacity additions, signalling a shift from ARPOB-led profitability to volume-driven growth.

With private insurance penetration rising and an acute bed shortage persisting, the industry is set to attract long-term capital even beyond FY30, the report said.

The report noted that the addressable market is widening on multiple fronts.

Higher per-capita income, greater insurance coverage, an ageing population and a r...