Written by: Evelyn.

The healthcare sector of India is an ever-growing business industry. In this article, we will analyze the best healthcare franchise opportunities in India in 2023 and the health and wellness franchise cost in India. We have seen how the health sector has worked effectively towards controlling the outbreak of the Covid-19 virus in the recent past. India is one of the most populated countries in the world, with a huge number of senior citizens. This makes it necessary for us to depend on a strong and efficient healthcare system. Investing in a healthcare franchise can be profitable because it is an industry that caters to the basic needs of the people.We have listed below Healthcare Franchise Opportunity,

Top 10 best healthcare franchise opportunities in India

Dr. Batra's

Dr. Batra's is one of India's leading homeopathy clinics. They have more than 40 years of experience in the field of healthcare. Becoming a franchise of Dr. Batra's could be beneficial for you in multiple ways. They offer guidance in marketing and provide training to entrepreneurs. They provide a wide range of treatments in areas like hair care, skin care, child health, women's health, etc. Apart from experienced health professionals they also have efficient technology for treatment. Currently, they have more than 75 clinics and 2000 plus employees. To acquire Dr. Batra's franchise, you need to have an area of 500 sq. ft and a minimum investment of 15 to 20 lakhs. The ROI time frame ranges between 1 and 2 years.

Medzone

 Medzone was ideated by Thiru M Daniel, an Indian. Today it is one of the best pharmacy chains in India with more than a hundred outlets. In addition to healthcare services, Medzone is also a leading manufacturer of pharmaceutical products. Medzone guarantees training and recruitment services to all its franchisees. The experts will also assist you in purchasing medical equipment. To own a Medzone franchise, you are required to have a suitable space of 130 to 250 sq. ft. The total investment including the cost of the infrastructure ranges from 10 to 15 lakhs.     

Sanjivani Pharmacy

Sanjivani is a well-known pharmaceutical brand that was established in 2006, in Delhi. It is a well-known name in the health and wellness franchise in India. A twenty-four-hour store is one of their highlights. The brand offers a promising opportunity to entrepreneurs in the field of franchising. They offer a lot of support to their franchisees by providing them with a detailed operation manual, marketing, and promotional support, assurance of product quality, pre-opening support, and guidance in outlet design. To open a Sanjivani pharmacy franchise, an entrepreneur needs to have an area of 100 to 300 sq. ft. The total investment required is 15 to 20 lakhs out of which 3.5 lakhs is the franchise or brand fee.

DR@Doorstep

DR@Doorstep is the largest pharmacy chain in India, with international certification. It is one of the best franchises in healthcare in India, in 2017. Currently, it has more than 10 outlets in various locations. DR AT DOORSTEP is outstanding in its service quality which makes it a suitable option if you are considering a pharmacy franchise . The company provides treatment by the highly qualified, best doctors in Vadodara and Ahmedabad, under expert guidance in the allopathy (MBBS), dentistry, homeopathic, nutritionist & physiotherapy departments. The minimum investment required to get an DR@Doorstep franchise is 10 to 15 lakhs. The franchise fee is 2 to 5 lakhs .

Pharmeasy

Pharmeasy was founded in 2014, with its headquarters in Mumbai. The brand actively offers franchise opportunities to eligible entrepreneurs. Currently, Pharmeasy has around 800 franchise partners. The area requirement for setting up a Pharmeasy outlet ranges between 100 and 300 sq. ft. The total investment cost will be around 15 lakhs to 20 lakhs. The brand will ensure complete marketing and business support to its franchisees throughout the franchise term.

Medplus

Medplus was established in the year 2006 by Dr. Madhukar Gangadi. If you are an entrepreneur, with sufficient experience in the field of health and medicine, investing in a Medplus franchise can be extremely profitable. The brand has gained trust among the customers with its great service. It has more than a thousand pharmacies in various parts of India. The area required to set up a Medplus store is around 300 to 500 sq. ft. The total expense ranges between 15 and 20 lakhs, depending on the location and other specifications. The brand also provides all the necessary marketing and infrastructural support.

VLCC Health Care Ltd.

The popular brand was established in 1989, and it started offering franchise opportunities to potential entrepreneurs in 2007. The brand provides various skin and hair care treatments, weight control treatments, etc. The brand provides digital marketing support, proper training, and assistance in staff recruitment. To set up a new outlet of VLCC beauty and wellness center, the area requirement is between 1800 and 2200 sq. ft. The total investment cost ranges between 20 and 30 lakhs rupees, which includes a franchise fee of 6 and 8 lakhs.

Diet Mantra

Diet Mantra is a well-known health and wellness chain that is spread across various parts of India. The brand specializes in weight loss and fitness and has gained wide popularity over the years. They are planning to expand their presence in pan India through franchising. The minimum capital investment required to get a Diet Mantra franchise is 12 lakhs to 15 lakhs rupees, in addition to an area requirement of 500 sq. ft.

Max Lab

Max Lab is a part of Max healthcare, which is a highly trusted brand in the health and fitness sector in India. The brand has numerous super specialty hospitals across the country. Fully equipped labs with 24 hours service make Max Lab stand out among other brands. The total investment required to acquire a MaxLab franchise ranges from 30 lakhs to 50 lakhs, including the infrastructural expenses. Along with this, a franchise fee of around 5 lakhs is also required. The area requirement is 1000 to 1200 sq. ft.

Dava Discount

This brand is a product of Rajnish wellness limited, which was established in 2015 in Mumbai. They are one of the leading suppliers of pharmaceutical products in India. Dava Discount offers a great franchise opportunity to entrepreneurs. They are planning to expand their presence pan India, by opening a thousand more stores by 2025. The total investment cost will be around 12 lakhs including a franchise fee of rupees 2.95 lakhs. The ROI time frame is 6 to 12 months. The area requirement ranges from 1000 to 1200 sq. ft.

Conclusion

We have gone through a list of medical franchises that are running successfully in India, in the present day. The above-mentioned are a few of the latest healthcare franchise opportunities in India 2023. If you are a business person with adequate experience in the field of health and medicine, a pharmacy or hospital franchise is a good option for you. To gather further information on the most profitable franchises in the health industry, do check out the official website of FranchiseBazar. Highly qualified business consultants at FranchiseBazar can guide you in choosing the franchise that best suits your investment levels. Reach out to us on WhatsApp or dial +91 9844443200 or Register Here to gather all necessary facts and details about the scope and Prospects of franchising.