Written By: Resham Daswani

Let us join in together to applaud the real heroes of our lives - the doctors, who are available at our service - without a second thought.  Yes, it’s that day of the year which is dedicated to these superheroes.  It’s Doctors Day! So let us help you choose one of the best medical franchise business you can start and join in India’s healthcare system.

Most Promising Medical Franchise Business Opportunities To Start on Doctor’s Day

Basically, a medical franchise business offers well-known medical services or goods under a well-known brand name. To lessen the blow of beginning from zero, entrepreneurs can take advantage of the brand's already-established client base, operational procedures, and reputation with this strategy.

Rising health consciousness, new ways of living, and an urgent need for easily available medical treatment have all contributed to the remarkable expansion and revolution of India's healthcare system in the last several years.

The growing popularity of medical franchises is an important part of this shift. In honour of Doctor's Day, I thought it would be appropriate to explore the expanding potential in this field.

In this post, we'll take a look at the best medical franchises in India, discussing the pros, cons, and overall value of investing in this type of business.

Segments that come under the medical business can include:

1. Hospital Franchise
2. Pharmacy Franchise
3. Medical Equipment Franchise
4. Clinic Franchise
5. Healthcare Product Franchise
6. Nursing Home Franchise
7. Online Medical Franchise

Here are some of the best medical store franchise to start on Doctor’s day.

1. Fortis Hospital Franchise:

Fortis Healthcare Limited, a part of IHH Healthcare Berhad, are India's leading integrated healthcare providers. One of the nation's largest healthcare organisations. It is one of the biggest healthcare organisations in the nation. India, Nepal, and Sri Lanka are all part of Fortis's global footprint. Its affiliation with IHH, a worldwide powerhouse and parent corporation, allows it to fortify its already stellar reputation for clinical competence and first-rate patient care.

Agilus Diagnostics Limited personnel are part of Fortis' 23,000-person workforce to become the world's most trusted healthcare network. Fortis offers primary, tertiary, and ancillary healthcare..

2. Max Hospital Franchise:

"Max Healthcare" refers to one of the largest healthcare organisations in India.. Our network of 20 hospitals and clinics across the National Capital Region (NCR) of Delhi, Haryana, Punjab, Uttarakhand, and Maharashtra includes more than 5,000 doctors, more than 30 medical specialties, and 4,300 beds.

In addition to its hospital operations, Max Healthcare also runs a homecare business (Max@Home) and a pathology business (Max Labs).

While Max Lab offers pathology services outside of our hospital network, Max@Home focuses on health and wellbeing in the comfort of your own home.

3. Dr Agarwal’s Eye Hospital Franchise:

Dr. Jaiveer Agarwal, who was awarded the Padma Bhushan, as well as his wife Dr. Tahira Agarwal established Dr. Agarwals Eye Hospital in 1957 in Chennai, India.

Moreover, with a focus on clinical innovation and an unmatched commitment to customer service, the group has expanded over the past 60 years to become one of the biggest networks of eye-care centres in India and Africa.

The flagship Chennai centre is one of the world's leading eye-care facilities, serving people worldwide.. Academic as well as research programmes at Chennai Main Hospital provide doctors with access to a group of highly qualified surgeons.

4. Dr Batra’s Franchise:

In 1982, Dr. Mukesh Batra established Dr. Batra's Homoeopathy Clinic, a renowned name in Indian homoeopathy healthcare.

The brand has opened up shops in five different countries, including about 150 clinics in India. Among the many services provided by Dr. Batra are those pertaining to the management of weight, skin, hair, and respiratory problems through the use of homoeopathy.

5. Dermapuritys Franchise:

On a worldwide basis, DermaPuritys provides skin and healthcare services. Their cutting-edge treatments and solutions have been revitalising your senses and also skin for decades.

One of the top dermatology clinics in India, DermaPuritys, was established in New Delhi. Based in the US, the clinic has been around for more than 8 years and was started by the same people who started the parent company.

A franchise of Derma Puritys uses state-of-the-art equipment and methods to treat the whole body, not only the hair and skin. Their trained staff of aestheticians is famous for their high-quality beauty treatments.

6. Smile Dental Clinic Franchise:

Vijayawada, in the Krishna district, is where you'll find our clinic. When you visit Smile Dental Clinic, you'll have access to a wide range of dental services. Offering cutting-edge dental treatment in a warm and welcoming environment is the clinic's number one priority.

The team and the clinic strive to provide patients with comprehensive information in a comfortable and private environment. In order to make sure that patients fully grasp all of the therapies that are presented to them, texts, audiovisual aids, diagrams, and clinical photos are used.

7. Bione Franchise:

When it comes to microbiome, genetic, and lifespan testing, Bione is at the forefront of innovation.

Life extension and disease prevention are at the heart of Bione's goal, which also includes expanding access to testing and raising awareness in underserved communities. We also provide kits for testing your gut microbiome and DNA in the comfort of your own home.

8. Generic Aadhar Franchise:

Arjun Deshpande, one of India's most youthful and energetic entrepreneurs, established Generic Aadhaar when he was sixteen years old. In an effort to make quality, affordable healthcare available to all citizens of India, Generic Aadhaar will soon be launching its brand in every major city across the country.

By bringing renowned pharmaceutical brands under the Generic Aadhaar banner, we are able to offer quality medicines at up to 80% lower prices. Pharma Company Opportunity of the Year

9. Medlife Pharmacy Franchise:

Online pharmacy Medlife International Pvt. Ltd. was founded in Bengaluru in 2014 by Tushar Kumar and Prashant Singh. The brand is now a professional healthcare platform that distributes prescriptions and provides prompt services. These include lab and diagnostic services, medical consultations, and free specialist e-consultations.

This has earned them one of India's most trusted pharma names. Mobile phone-in services are a company highlight. This has helped elderly people who aren't computer-savvy. Many people like them due to their unique ideas and genuine care for client happiness.

10. Indira IVF Franchise:

Our chairman Dr. Ajay Murdia wrote about male infertility in ‘The Lancet’ in 1978. Moreover, this novel approach to solving such issues culminated in the 1988 founding of the Indira Infertility Clinic and Research Centre. Men received infertility screenings and diagnostics in Udaipur, Rajasthan.

Dr. Ajay Murdia founded Indira IVF in 2011 with his sons Dr. Kshitiz and Nitiz. From now, no looking back. Indira IVF gained faith and confidence with its fertility specialists' skills, high-end technology, as well as affordable treatment plans.

Cost To Start A Medical Franchise Business in India - A Complete Guide

In India, the initial investment required to launch a medical franchise can range widely depending on factors including service offering, brand, and also geographic region. The investment typically consists of:

1. A franchise fee is an initial investment in the right to use the franchise's name as well as logo in business.
2. These encompass all expenses incurred throughout the process of establishing the physical infrastructure, as well as the equipment, furnishings, and interior design of the facility.
3. Continual outlays for things like wages, utilities, stock, and repairs.
4. Although a lot of franchisors offer marketing assistance, franchisees can have to pay for ads in their own areas.

Future Of The Medical Business in India - What The Path Ahead Looks Like For Aspiring Entrepreneurs

Multiple development drivers make India's medical industry shine. Starting a medical firm has several benefits, from strong demand and supporting legislation to innovation and social effects. Indian entrepreneurs can make money and improve public health by entering this area. Those who invest properly and adapt to healthcare trends will benefit greatly as they change.

Here are some key facts that are driving this prosperous growth:

1. Digital health platforms, telemedicine, and other technological advancements in medicine are radically altering the way healthcare is provided. Patients' diagnoses, treatments, and overall care are all set to benefit from the integration of AI, the Internet of Things, and big data.
2. Infrastructure and services related to healthcare are receiving substantial funding from programmes such as Ayushman Bharat, which seeks to cover more than 500 million individuals. The NDHM, or National Digital Health Mission, is yet another important initiative in the direction of building a strong digital healthcare system.
3. There has been an uptick in the use of medical facilities for both preventative and curative care as individuals have become more health conscious.
4. The accessibility of affordable, high-quality healthcare in India is attracting more and more medical tourists from wealthy nations. Also, additional growth in this trend is anticipated, which is good news for the healthcare industry.

In conclusion,

If you have decided to step into the lucrative franchise world of the healthcare sector, then here is your chance. Start with one of the best medical store franchise business anywhere across the country with the assistance of experts at FranchiseBAZAR.

Disclaimer: The brands mentioned in this blog are the recommendations provided by the author. FranchiseBAZAR does not claim to work with these brands / represent them / or are associated with them in any manner. Investors and prospective franchisees are to do their own due diligence before investing in any franchise business at their own risk and discretion. FranchiseBAZAR or its Directors disclaim any liability or risks arising out of any transactions that may take place due to the information provided in this blog.