India's hospital market was valued at US$ 98.98 billion in 2023, projected to grow at a CAGR of 8.0% from 2024 to 2032, reaching an estimated value of US$ 193.59 billion by 2032.
Apollo Hospitals Enterprise Limited is a healthcare provider. It is engaged in offering healthcare services and operating standalone pharmacies. The company's segments include healthcare, pharmacy, and others. The healthcare segment consists of hospitals, hospital-based pharmacies, and projects and consultancy services. Its tertiary care hospitals provide care in over 50 specialties, including cardiac sciences, oncology, neurosciences, critical care, orthopaedics, radiology, gastroenterology, and transplant. The company also provides project consultancy services, health insurance services, education and training programs, and research services. It also operates birthing centres, day surgery centres and dental clinics.
Apollo Hospitals Enterprise Limited: Touching Lives
| Year | Milestone |
|---|---|
| 2025 |
On October 3, 2025, Apollo Hospitals completed the acquisition of 50% stake in Apollo Gleneagles PET-CT Private Ltd, making it a wholly owned subsidiary. On September 12, 2025, Apollo Hospitals’ Board approved acquiring 30.58% stake in Apollo Health and Lifestyle Limited from IFC for Rs. 1,254.07 crore (US$ 141.4 crore), targeting closure by end-November 2025. On August 22, 2025, the Promoter Group of Apollo Hospitals sold 1.3% stake through a block deal at Rs. 7,850 per share to reduce debt, bringing their holding down to about 28% and pledged shares to nearly 2%. On August 15, 2025, Apollo Hospitals inaugurated a state-of-the-art Cath lab in Chennai, aiming to provide enhanced and safer emergency cardiac care. On August 21, 2025, Apollo Hospitals celebrated completing 600 paediatric liver transplants through the launch of its book Transplanting Hope, highlighting its sustained commitment to children’s healthcare. On August 5, 2025, Apollo Children’s Hospitals Chennai completed its 6,000th paediatric cardiac surgery, contributing to the Apollo Group’s overall milestone of over 20,000 successful cardiac surgeries. Apollo Hospitals plans to invest over Rs. 8,000 crore (US$ 936 million) to add 4,300 beds over the next five years. The expansion targets boosting its presence in key cities and strengthening its healthcare infrastructure. |
| 2024 |
Apollo 24|7 has merged with Keimed in a Rs. 2,475 crore (US$ 296 million) deal, with Advent International acquiring a 12.1% stake in the new entity valued at Rs. 22,481 crore (US$ 2.69 billion). Apollo Hospitals will maintain a majority stake of at least 59.2%. Apollo Hospitals plans to invest Rs 6,100 crore (US$ 731 million) to add 3,512 beds across 11 locations in India over the next four years, including a 575-bed facility in Worli, Mumbai, and a 600-bed hospital in Chennai, aiming to enhance healthcare accessibility and integrate advanced medical technologies. Apollo HealthCo, backed by Advent International, plans to open three new hospitals in Mumbai and Bengaluru, investing approximately Rs 3,000 crore (US$ 359 million) over three years to add 2,400 beds, with each urban facility ranging from 400 to 500 beds. On January 19, 2024, Apollo Hospitals announced a Rs. 3,000 crore (US$ 361.79 million) investment over three years for expansion, including the addition of 2,000 beds. Managing Director Mrs. Suneeta Reddy highlighted an ₹8 crore (0.96 million) investment in an AI-precision oncology centre in Bangalore, with plans for 25 more nationwide. Reddy expressed optimism about robust occupancy trends, particularly in Karnataka, foreseeing a strong growth trajectory for the company this year. Despite ambitious plans, Apollo clarified that it was not currently exploring private equity investments. |
| 2023 |
On November 29, 2023, Apollo Hospitals had disclosed plans for a 250-bed hospital in Pune, which was expandable to 425 beds within 2 years, with a total cost of Rs. 675 crores (US$ 81.40 million). It was expected to become operational by Q1 FY25, aiming to strengthen the company's presence in Maharashtra, totalling over 1000 beds including Mumbai and Nashik. Apollo Hospitals expanded its presence in Kolkata with an acquisition of a partially built hospital. This will be Apollo's second hospital in Kolkata and fifth in the eastern region, and Apollo further strengthens its position as the largest healthcare provider in the region with over 1800 beds across Kolkata, Bhubaneshwar, and Guwahati. In June 2023, Aollomedics Super Specialty Hospital, Lucknow launched Artificial Intelligence powered Robotic Knee Replacement Surgery services. It is a world-class next-gen technology that will transform the future of Knee Replacement Surgery, being the first in the region. In April 2023, Apollo Hospitals launches Apollo Genomics Institute in Chennai and aims to open three more genomic facilities in Hyderabad, Bangalore, and Ahmedabad respectively. |
| 2022 |
In November 2022, Apollo Hospitals opened a children’s and fertility centre at Karapakkam. In November 2022, Apollo Hospitals launched a programme to promote the rational use of antibiotics. In March 2022, the Tripura Tribal Areas Autonomous District Council (TTAADC) signed a Memorandum of Understanding (MoU) with Apollo Hospitals to set up telemedicine services at the tribal council-run Kherengbar Hospital at Khumulwng, 25 km from Agartala. In February 2022, Apollo Hospitals tied up with 8chili Inc., a deep tech start-up, to bring virtual reality to healthcare solutions. |
| 2021 |
In September 2021, Apollo Cancer Centres launched India’s first virtual ‘Apollo D2D Duathlon 2021’ to create awareness and support for the treatment of childhood cancers. In May 2021, Apollo Group of Hospitals started its pilot project to administer the ‘Sputnik V’ vaccine to 50,000 employees of Dr. Reddy’s Laboratories (DRL) and their families across the country. |
| 2020 |
As of October 2020, Apollo Hospitals successfully performed 300 Knee Replacement surgeries in the remote village of Aragonda. In October 2020, Apollo Hospitals has teamed up with HDFC Bank to launch a HealthyLife Programme, a healthcare solution, to make its service more accessible and affordable on Apollo’s digital platform—Apollo 24|7. In January 2020, Apollo Gleneagles Hospitals, Kolkata, launched Eastern India’s first and advanced comprehensive Male Infertility and Impotence Clinic in a hospital set-up. |
| 2019 |
Launched Apollo ProHealth – a first-of-its-kind predictive, proactive, and comprehensive health management program. Apollo BGS Hospitals associated with Rotary Mysore, organized an organ donation drive, “Punarjanma”. Started its first emergency care centre in Nanjangud city. |
| 2018 |
Apollo Children's Hospital, Chennai launched a first-of-its-kind, a comprehensive, one-stop clinic for rare diseases. |
| 2012 |
First of its kind Dental Wellness Centre in India, the white, luxury dental spa launched. |
| 2010 |
M-health services launched. |
| 2007 |
Apollo Hospitals Group partnered with Munich Health, a world leader in the field of health insurance to launch Apollo Munich. |
| 2004 |
Apollo Hospitals, Chennai was rated 'Best Private Sector Hospital' in India by The Week magazine for 2003 and 2004. |
| 2000 |
First telemedicine facility in the country was inaugurated by Bill Clinton, the US President at Aragonda, Andhra Pradesh. |
| 1993 |
Apollo Hospitals launched its 24-hour ambulance service. |
| 1988 |
First pharmacy retail outlet in Chennai. |
| 1984 |
Apollo Hospitals was inaugurated in 1983 by Shri Giani Zail Singh (President of India). The first Apollo Hospital was in Chennai. The hospital commenced commercial operations the next year. |




