Apollo Healthcare Market

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Market Size

The Indian health care market has a current size of US$ 65 billion. Hospital supplies and health care

equipment segment ranges between US$ 4.5-5 million. Hospitals, pharmaceuticals, nursing homes

and diagnostics centres, that form a part of healthcare delivery, constitute 65 per cent of the total


Of total healthcare revenues in the country, hospitals account for 71 per cent, pharmaceuticals for 13

per cent and medical equipment and supplies for 9 per cent.

As per PWC, The size of average investment by private equity funds has increased from US$ 5-15

million to US$ 20-30 million in healthcare chains.

The Indian medical tourism industry is pegged at US$ 1 billion per annum, growing at around 18 per

cent and
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Only three per cent of specialist physicians cater to rural


Top players in Healthcare Industry

1. Apollo Healthcare

Apollo Hospitals is an Indian hospital chain based in Chennai, India. It was founded by Dr Prathap C.

Reddy in 1983 and has hospitals in India, Sri

Lanka, Bangladesh, Ghana, Nigeria, Mauritius, Qatar, Oman and Kuwait. Several of the group's

hospitals have been among the first in India to receive international healthcare accreditation by

America-based Joint Commission International (JCI).

The group has developed services in telemedicine, after starting a pilot project in 2000 in Pratap

Reddy's home village. It is now the largest telemedicine provider in India with 71 centers. The success

of Apollo Hospitals has made it a topic for Harvard Business School case study. Apollo Hospitals

generated a revenue of ₹31.73 billion (US$490 million) in 2012.

Suneeta Reddy is the Managing Director at Apollo Hospitals.

2. Fortris Hospitals

Founded in 2001 by Malvinder Mohan Singh and Shivinder Mohan Singh, Fortris Horpitals are

headquartered in Delhi and cater to populations in India and Singapore. Fortris hospitals generate a

revenue of ₹47593.4 million(US$730
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Mr Shivinder Mohan Singh is the managing director at Fortis

3. Max Hospitals

Max Healthcare Institute (BSE: 500271, NSE: Max) is a healthcare institute based in New Delhi, India.

The Institute is a wholly owned subsidiary company of Max India Limited. Established in 1985, Max

India Limited is a Public Limited company listed in the Bombay Stock Exchange and National Stock

Exchange of India with more than 37,000 shareholders.

The institute operates eleven centers in Delhi, NCR and neighbouring Punjab region, providing health

care services in more than 30 disciplines. The company provides patient services including nuclear

medicine and cardiac imaging, labs, scans, interventional cardiology, cardiac

pacing and electrophysiology, neurosciences, orthopedics, gynecology andobstetrics, pediatrics,

maternity services, diagnostic services, pediatric ophthalmology, neurophthalmology, internal

medicine, general surgery, urology, nephrology, gastroenterology, mental health and behavioral

sciences, rehabilitative services, and pulmonology.

Rajit Mehta is the Managing Director and CEO at Max Hospitals. Analjit Singh is the chairman.

4. Medanta

Medanta (The Medicity) is a privately-owned multi-specialty medical institute

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