Healthcare is a huge sector in India in terms of revenue as well as employment opportunities. Healthcare is a diverse sector and comprises of hospitals, pharmaceutical companies, laboratories and health insurance companies.
Healthcare Industry in India is growing swiftly due to the entry of a large number of public and private players. With the increase in the number of companies in this sector, healthcare services are expanding and reaching large masses.
At present, the total value of the Indian Healthcare Market is about $100 Billion, which is expected to cross the mark of $280 Billion by the year 2020. Also, Healthcare Industry in India offers an ample amount of job opportunities in hospitals, laboratories, pharma companies and health insurance companies.
There are many healthcare companies operating in the country and offering various healthcare services of premier quality. This post describes about the top 10 healthcare companies in India:
10. Apollo Munich
Winner of Insurer of the Year award, Apollo Munich Health Insurance Company is a leading company in healthcare sector. The company offers a wide range of health insurance plans, which gives cashless hospitalization.
The company is a joint venture between the Apollo Hospitals Group and Munich Health and offer treatment in more than 50 hospitals in the country.
9. Fortis Healthcare Limited
Fortis Healthcare Limited is a big player in this segment and occupied ninth place in the list of top 10 healthcare companies in India. Incorporated in the year 2001, Fortis Healthcare Limited is a leading healthcare service provider and offer services through hospitals and diagnostic facilities.
Fortis Healthcare Limited operates a chain of super speciality hospitals in the country, which offer world class healthcare facilities. These hospitals offer healthcare services in different domains like Cardiology, Dermatology, Haematology, Hepatology, Gastroenterology, etc.
8. Apollo Hospitals Enterprise Limited
Apollo is name that needs no introduction in the healthcare industry as it is known for offering premier quality healthcare services. It operates 64 world class hospitals in the country, which offer unmatched healthcare services.
7. Religare Health Insurance Company Limited
Religare Health Insurance Company Limited is a leading health insurance provider in the country, which offer health insurance products. The company offers a complete range of health insurance plans, which covers cashless hospitalization and treatment for illness and diseases.
The company offers cashless treatment in more than 4,500 hospitals and operates a large number of diagnostic labs. The company is promoted by big names like Fortis Hospitals and SRL Diagnostics, which makes it capable of providing superior services to customers.
6. Wockhardt Limited
Wockhardt Limited is a premier healthcare company engaged in the business of pharmaceuticals, biotechnology and hospitals. The company has 12 manufacturing units and a workforce of more than 8,500 people.
The company offers a wide range of pharmaceutical products for therapeutic areas like Cardiology, Neurology, Respiratory, Dermatology, etc. Wockhardt also has a chain of advanced super speciality hospitals in the country, which offer world class health services.
5. Piramal Enterprises Limited
Incorporated in the year 1988, Piramal Enterprises Limited is ranked fifth in the list of top 10 healthcare companies in India. The business verticals of the company are healthcare and financial services and it stands among the leading players in inhalation anaesthetics.
Healthcare Division generates major part of the company’s revenue, which is about 90% of the total revenue. The company has manufacturing units in India, USA, Canada, UK and Scotland and its products are available in more than 100 countries across the globe.
Founded in the year 1935, Cipla is a leading pharmaceutical company with a turnover of more than $1.75 Billion. The company has a workforce of more than 20,000 people and offer pharmaceutical products for therapeutic areas like Dermatology, Respiratory, Cosmetology, etc.
Headquartered in Mumbai, Cipla has presence in more than 150 countries and offer over 1,500 products. Cipla has more than 35 manufacturing units with a production capacity of 23 Billion units of tablets and capsules.
3. Dr. Reddy’s Laboratories
Dr. Reddy’s Laboratories is the next on this list, which is a multinational pharmaceutical company incorporated in the year 1984. The company has 4 manufacturing units and presence in over 25 countries in the world.
The company offers a wide range of products for therapeutic areas like cardiovascular, dermatology, gastroenterology, pediatrics, etc.
2. Lupin Pharmaceuticals
Lupin Pharmaeuticals is among the leading pharmaceutical manufacturers and stand at second place in the list of top 10 healthcare companies in India. The company has 11 manufacturing centres, which produces a wide range of pharmaceutical products.
1. Sun Pharma
Sun Pharma has a presence in more than 100 countries in the world and employs over 32,000. Incorporated in the year 1961, Sun Pharma is a leading manufacturer and seller of pharmaceuticals in the country.
It is the largest pharma company in the country and makes pharmaceutical products for therapeutic areas like diabetology, cardiology, neurology, etc. The company has 48 manufacturing sites and a team of 2000 research scientists working in R&D centres.