Hospital Franchise Opportunities in India in 2022
Written By Aditi Dec 10 2021
People are more health-conscious than ever before, and they are eager to find ways to exercise more, improve their diets, de-stress, lose weight, and experiment with a variety of other methods to improve their health. As a result, there are more franchise opportunities for wellness centres, health management clinics, medicine outlets, skin treatment clinics, Ayurveda clinics, and other similar businesses.
As a result, health care and hospital franchises have emerged as lucrative business opportunities for aspiring investors and entrepreneurs. So for you, here are Hospital Franchise Opportunities in India in 2022.
WHY BUYING A HOSPITAL FRANCHISE IN INDIA IS A GOOD IDEA?
The hospital industry drives the Indian healthcare sector, accounting for 70% of the total. Purchasing a hospital franchise can be a very profitable business venture. Factors such as an increase in per capita spending on quality healthcare, a shift in demographics, a shift in disease profiles, and so on are expected to drive industry growth. Foreign direct investment is also attracted to the Indian hospital industry.
WHAT IS THE FUTURE OF THE HOSPITAL FRANCHISE BUSINESS?
According to a report by Assocham and research firm, RNCOS, India's healthcare market could triple in value to USD 372 billion by 2022 as a result of changing environmental conditions and rising health concerns. The growing franchising model is one of the reasons for the growing healthcare sector.
With the increased use of technology in the healthcare industry, providers can obtain vital signs and diagnostic information from patients and their homes without having to visit them. This strengthens the expanding home care and other franchise sectors by providing an increasing number of opportunities.
The most intriguing advantage of regularising hospital franchise opportunity in India is that it will aid in controlling the quality of services provided by professionals while also providing the franchisor with the much-needed satisfaction for brand protection.
WHAT WILL BE THE HOSPITAL FRANCHISE COST IN INDIA?
The Hospital franchise cost in India varies depending on the brand. Financial planning, believe it or not, is important for a new hospital setup. This requires appropriate investors and business partners to collaborate and look forward to funding the various aspects of the hospital. This may include direct investment from one's own pocket or approaching banks and investment firms for appropriate loans.
To set up a full-fledged hospital in India, one must be prepared to shell out at least 70 lakhs. Legal and medical permits, land and construction, multiple facilities and bedding are all included in this setting.
IS OWNING A HOSPITAL PROFITABLE IN 2022?
Is owning a hospital profitable? Yes, it is!
The hospital industry in India is currently worth 4 trillion and is expected to be worth 8 trillion by 2022. Governments, businessmen, and other stakeholders can all benefit from investing in hospitals, which is a highly profitable venture.
Because of rising disposable income, an ageing population, rising literacy levels, and improved medical infrastructure, investing in a hospital franchise can be extremely profitable. Following the COVID-19 outbreak, it is even more important for people to understand the importance of contributing to and investing in the medical and healthcare industries in order to have a secure future.
Many private hospital franchises in India that have heavily invested in building infrastructure, interior design, customer satisfaction, and medical technology upgrades are now in the process of consolidation. Additionally, hospital installations and appropriate bedding are increasingly necessary for every community due to the rising number of medical emergencies. Medical and healthcare facilities must be built across the country in order to meet the demands of this population.
HOSPITAL FRANCHISE OPPORTUNITIES IN INDIA OFFERED BY FRANCHISEBAZAR
Here, at Franchise Bazar, you can explore the new hospital franchise opportunities and choose the one that suits you best. Some renowned franchises we recommend from this sector are -
Nimai provides qualified and professional Doctors who serve mothers and children by providing services for Maternity Care and Pediatric Care. It has had more than seven lakh happy patients and delivered 5000+ neonates, with a 95% success rate over the years. It provides excellent antenatal checkups, guides on antenatal exercises, provides antenatal counselling, guidance on exercise in pregnancy, and what tests need to be carried out in order to know about your and your baby’s health.
Franchising Since: 2021
Investment: Rs.2–5 Crore
Franchise Fee: Rs. 20–30 Lakhs
At ANSSI, 1500+ patients from India & overseas have been successfully consulted and treated for various spinal disorders with Spinal Decompression Treatment. ANSSI is a wellness centre specializing in non-surgical treatment for chronic neck and back pain. It also deals with Leg pain, Sciatica, Shoulder Pain, Slip Disc, Spondylosis, Gap in Spine.
Franchising Since: 2020
Investment: Rs.30–40 Lakhs
Franchise Fee: Rs. 1–2 Lakhs
Guduchi The Ayurvedism is Taking the Franchise Route for Massive Expansion To meet the growing demand for effective Ayurveda products. With the best consultation from our expert Ayurveda doctors, patients today trust Guduchi for all major health problems like pediatric emergencies to stage 4 cancer and it is also the natural choice for many to choose Guduchi for all lifestyle disorders like PCOD, thyroid, Infertility, Obesity to mention few.
Franchising Since: 2020
Investment: Rs. 5–10 Lakhs
Franchise Fee: Rs. 1–50000
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