Indian healthcare sector is growing at a 15 per cent CAGR to reach US$ 158.2 billion by 2017.

List of Top Healthcare Companies in India

Latest update: July, 2018

  • Healthcare has become one of India's largest sectors both in terms of revenue and employment.
  • During 2008-22, the market is expected to record a CAGR of 16.28 per cent.
  • The total industry size is expected to touch US$ 160 billion by 2017 and US$ 372 billion by 2022.
  • Indian companies are entering into merger and acquisitions with domestic and foreign companies to drive growth and gain new markets.
  • The hospital industry in India stood at Rs 4 trillion (US$ 61.79 billion) in 2017 and is expected to increase at a Compound Annual Growth Rate (CAGR) of 16-17 per cent to reach Rs 8.6 trillion (US$ 132.84 billion) by 2023.

Notes: F - Forecast, CAGR - Compounded Annual Growth Rate
Source: Frost and Sullivan, LSI Financial Services, Deloitte, Aranca Research

Dr Lal PathLabs

Late Dr. (Major) S.K. Lal, a pioneer in the field of pathology who had been trained in the army and later at the Cook County Hospital, Chicago, USA, laid the foundation stone of Dr Lal PathLabs in 1949. Blessed with immense knowledge and expertise in this field, Dr. S. K. Lal established an organization that was destined to become the first pat...

About Dr Lal PathLabs>

Kovai Medical Center & Hospital Ltd

Kovai Medical Center and Hospital (KMCH) is a 750-bedded multi-disciplinary advanced super specialty hospital nestled in a serene atmosphere of over 20 acre piece of land. The location enables the patients to enjoy the rule of quietitude, away from the hustle and bustle of city life. The hospital credits in offering total and comprehensive heal...

About Kovai Medical Center & Hospital Ltd>

Vatsalya Healthcare

While 70 per cent of India is living in semi-urban and rural areas, 80 per cent of India’s healthcare facilities are located in urban/metro areas. Vaatsalya is bridging this gap by building and managing hospitals/clinics in semi-urban and rural areas and bringing healthcare services where it is needed most. Vaatsalya is India's first hospital netwo...

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Reliance Life Sciences

Reliance Life Sciences (RLS) is part of the Reliance Group of companies. RLS was established to develop business opportunities in medical biotechnology with key initiatives in biopharmaceuticals, pharmaceuticals, regenerative medicine, clinical research and molecular diagnostics. From an integration perspective, these opportunities encompass ...

About Reliance Life Sciences>

KMC Speciality Hospital

KMC hospital‚ in its decennial year of operations has added numerous feathers to its cap. From a humble beginning of 30 beds in 1999 we have come a long way to 200 beds by acquiring Seahorse Hospital. The number of doctors in our hospital has grown from 10 to 100 and the staff members have grown over 1,000. Seahorse Hospital Ltd management has be...

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Lotus Eye Hospital and Institute

Lotus Eye Hospital and Institute has been catering its valued added super specialty services to the society since 1993. Lotus always imports peer approved technologies from across the world. Lotus is a listed corporate eye hospital in India with seven state-of-the-art Centers in Tamil Nadu and Kerala. Dr S K Sundramoorthy and his team of ophthalmi...

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SRL Diagnostics

SRL Diagnostics (SRL) is a leading and reputed pathology lab network. It is the only Pathology Lab Network in India to have 12 reference labs, four centers of excellence and close to 300 network laboratories with a footprint spanning over 6,400 collection points. SRL offers more than 3,500 tests, using the most advanced state-of-the-art technolog...

About SRL Diagnostics>

Narayana Health

Narayana Health is one of India's largest and the world's most economical healthcare service providers. It started off as a hospital with 300 beds in 2001. Presently, Narayana Health has grown to a 6,594 beds healthcare conglomerate with 31 hospitals present in 19 locations within the country. The group has already established its presenc...

About Narayana Health>

Opto Circuits

Opto Circuits started operations in 1992 as an Original Equipment Manufacturer (OEM) of optical sensors, medical electronics, security systems and chip-on-board assemblies for known companies around the world. Opto Circuits is headquartered out of Bengaluru, India, from where the company designs, develops, manufactures, markets and distributes ...

About Opto Circuits>

Philips Healthcare

Philips Healthcare is a part of the technology major, Phillips, and was established in 1891 in Netherlands by Mr Frederik Philips. Philips Healthcare is committed to providing meaningful innovations that improve the quality of care, enhance patients' lives and enable the delivery of better outcomes at lower cost. The company operates in fou...

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Wockhardt Hospitals

Wockhardt Hospitals is a subsidiary of the Wockhardt Group, which was founded in early 1960s by Mr Habil Khorakiwala. The company is headquartered in Mumbai, India, and has manufacturing plants in India, UK, Ireland, France and US, and a few other countries. Wockhardt Hospitals, a leading health service provider has a strong presence in the wes...

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The CARE Hospitals Group is a multispecialty healthcare provider, with 13 hospitals serving seven cities across six states of India. The regional leader in tertiary care in South/Central India and among the top five pan-Indian hospital chains, the Group delivers comprehensive care in more than 30 specialties in tertiary care settings. Founded in...


Aravind Eye Care

Aravind Eye Hospital was founded in 1976 by Dr G Venkataswamy. It began as an eleven bed hospital manned by four medical officers, before later growing into one of the largest facilities in the world for eye care. Over the years, this organisation has evolved into a sophisticated system dedicated to compassionate service for sight. The network has...

About Aravind Eye Care>

Apollo Hospitals

Apollo Hospitals is one of the leading chain of hospitals, pharmacies and clinics in India. Its presence encompasses over 10,000 beds across 64 hospitals, more than 2,200 pharmacies, over 100 primary care and diagnostic clinics, 115 telemedicine units across nine countries, health insurance services, global projects consultancy, 15 academic ins...

About Apollo Hospitals>


Max Healthcare commenced operations in 2001. Today, it is India's first provider of comprehensive, seamlessly integrated, world-class healthcare services. The organisation has 12 facilities in North India, offering services in over 32 medical disciplines. Of these, nine facilities are located in Delhi & NCR and the others in Mohali, Bathinda and ...



Fortis Healthcare Ltd is an integrated healthcare delivery service provider in Asia. The healthcare verticals of the company span primary care, diagnostics, day care speciality and hospitals, with an asset base in seven countries. The company operates its healthcare delivery network in Dubai, Hong Kong, India, Mauritius, Singapore, Sri Lanka, an...

About Fortis>

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