Best Profitable Hospital Franchise Opportunity In India
Written by Shreeya Oct 5, 2021
Healthcare has become one of the largest sectors in India in terms of income and employment. In addition, Covid-19 has put the industry at the forefront of all business explorers, investors, VCs, potential franchisees, and everyone in the entrepreneurial ecosystem. Healthcare includes hospitals, medical equipment, diagnostic tests, outsourcing, telemedicine, medical tourism, health insurance, and medical equipment. The Indian healthcare sector is growing rapidly due to its strong coverage, services, and rising costs through public and private players.
India is a fast-growing market with various national and international brands. All this is possible due to the fast-growing franchise model in India. With 4,600 active franchisors (50 percent regional brands, 34 percent national brands, and 16 percent global brands), India is already the second-largest franchise market in the world after the US and operates approximately 200,000 outlets and nearly 170,000 franchises are successfully operating. . Various brands such as Apollo Hospitals Group, the fastest growing healthcare chain in India, Dr. Lal Path Labs, Fortis and many other leading players in the healthcare industry are rapidly establishing themselves with this model.
The franchise model helps to establish the company by taking some risk by opening a new location for the franchisees operating in that position. They work with it because they have the opportunity to make a profit by standing together to share the profit. However, franchising is not a sure-fire formula for success and requires the right strategy to take it to the next level. If proper precautions are not taken, it can go wrong in many ways. To turn this into a good investment, you need to understand the scenario of an ideal franchisee. The right franchise brand provides market insight and an in-depth understanding of what works in what and what does not.
Franchisees in the healthcare industry include emergency walk-in clinics, assisted living facilities, telecare services, emergency walk-in clinics, assisted living facilities, telecare services, massage therapy, patient mobility equipment, medical equipment, durable medical equipment, and medical billing services. . The franchise helps the healthcare industry in many ways: cost reduction, home delivery and expansion of services. Providing increasing technology in the healthcare industry, providers are able to obtain indications and diagnostic information for patients and patients without having to stay at home. It will strengthen the growing home care and other franchise sectors by providing more opportunities.
The most interesting advantage of model regularization is that it helps control the quality of services provided by professionals and provides the franchisor with the satisfaction necessary to protect the brand name.
Let’s see some of the leading hospital franchises in India
Nimai provides qualified and professional physicians who serve mothers and children by providing services for maternity care and child care. We provide excellent antenatal check-ups, guide you on antenatal exercises, provide antenatal consultation, and much more. We provide guidance on exercise during pregnancy and the tests you need to do to find out about your health and the health of your baby. We have 18+ years of experience in serving the welfare of mothers and children. With a humble start, we have come a long way in increasing our bed capacity to over 100+. In my time, we had over seven million happy patients and we gave birth to 5000+ newborns. We are proud to have achieved a 99% success rate in protecting newborns over the years. It only shows how caring with devotion has helped us to achieve such great people.
Cloudnine Hospital initiated the beginning of a new era for all Maternal and Child Care. With the vision of CEO and Senior Neonatologist Dr. R. Kishore Kumar's.Cloudnine believes that children are life’s greatest gift and pregnancy is one of the most magical experiences nature can offer. These gifts deserve to be nurtured and cared for, not just at birth, but for the entire duration of your pregnancy. This is why, to ensure a healthy and happy pregnancy, Cloudnine provides you with world-class medical expertise, state-of-the-art facilities, a space filled with love and laughter, and staff dedicated to the holistic well-being of you and your baby. Having celebrated over 36,000 births across regions, with a 2000+ strong and expert team base, Cloudnine has expanded its reach to multiple facilities across India while continuing to maintain and excel international standards of care and paving ways towards its mission to reach every maternal and child care needs in India.
3. Apollo Hospitals Enterprise Ltd
Apollo Hospitals Enterprise Ltd is one of the largest health care companies in India. Apollo is a major private service provider in India; the first corporate hospital was founded in 1983. The Company's operations now include 70 hospitals in 55 specialized areas. It is the largest hospital in India with full sales
Apollo has been a leading marketer in the Standalone Pharmacy Business for more than two decades and is the largest pharmacy in India. The company is the largest on the list of top healthcare companies in India.
4. Fortis Healthcare Ltd.
Fortis was founded in 1996, Fortis Healthcare Limited is the leading healthcare provider in India. The company’s health status primarily includes hospitals, diagnoses, and special daycare centres.
Currently, the company operates its healthcare delivery services in India, Dubai, and Sri Lanka with 36 health facilities (including developing projects), approximately 9,000 beds, and more than 410 diagnostic centres. One of the largest and leading health care companies in India.
From North to South, East to West, Fortis is actually India covered - the border town of Amritsar, Ludhiana, Mohali, National Capital Region, Mumbai, Bangalore, Mysore, Chennai, Kolkata, and many other places all at home in Fortis. resources. The company is third on the list of top healthcare companies in India.
5. Dr. Lal PathLabs
Dr. Lal PathLabs is India’s leading and utmost reputed private pathology laboratory chain with over 60 years of experience in delivering pathology services.
The Company’s main and reference laboratories at Delhi operate state-of-the-art technology and stuff to hold out the widest test menu and panels within the disciplines of Molecular Diagnostics, Biophysics, Flow Cytometry, Immunophenotyping, Cytogenetics, Endocrinology, Genetics, Oncology, Toxicology, Nutrition, and Metabolism Immunohistochemistry, Haematology, Histopathology, contagious infirmities, Biochemistry, and Cytology.
Dr. Lal PathLabs to provide you with high-quality services to his clients and to adopt internally and internally available quality assurance programs.
As one of the leading pathology labs in India, the company contains a really strong concentrate on hiring and retaining a top-quality pool to drive the corporate different departments within and out of doors the labs. Despite the mass-market size, the mass-market maintains a milieu that nurtures a number of the utmost thinkers in India in their individual fields of proficiency.