India’s healthcare sector is witnessing significant growth, with diagnostic centres emerging as key players in providing accurate and timely medical testing and services.
As more people prioritize early detection and preventive healthcare, the demand for reliable diagnostic services continues to rise. The medical diagnostics market in India is projected to grow at an impressive 15% CAGR, making it one of the most promising sectors for investment.
Franchising a diagnostic centre offers a unique opportunity to tap into this growing demand while benefiting from the backing of established brands and advanced healthcare technologies.
In this blog, we’ll take a closer look at the top diagnostic centre franchises in India that are shaping the future of healthcare and diagnostics in the country and how you can become a part of it.
What are Diagnostic Centres?
Diagnostic centres are the unsung heroes of modern healthcare, acting as the gateway to understanding what’s happening inside our bodies. Equipped with advanced tools and technology, these centres specialize in unravelling the mysteries of our health through tests and scans, offering insights that help doctors make accurate diagnoses.
From routine blood tests to complex imaging, diagnostic centres are where precision meets care, ensuring we get the right answers at the right time. In short, they are the first step in our journey toward better health and wellness.
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List of Leading Diagnostic Centre Franchises in India
Listed below (not by order) are some of the most successful diagnostic centre franchise opportunities in India that we’ve handpicked for you-
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Apollo Diagnostics Franchise
India’s leading healthcare system, Apollo Hospitals Group, has by far been offering and successfully delivering an estimated sum of 3.5 million reliable and high quality diagnostic tests per year through its clinics and hospitals while earning a rating of excellence from 95% of its patients.
Apollo Hospitals Group through its ‘Good Health for All’ mission, gave birth to Apollo Diagnostics to create an impact on billions of people. By the year 2015, Apollo Hospitals Group managed to expand Apollo Diagnostics to over 100 diagnostic centres, and to a major sum of 1500 patient care centres alongside 120 labs by the year 2022.
Apollo’s exceptional legacy of 39 years consistently guide the diagnostic technicians and state-of-the-art diagnostic equipment to ensure the timeliness, credibility and accuracy of the diagnostic results.
Apollo Diagnostics has taken up several initiatives including regular and consistent auditing of processes, enhancement programs, implementation of patient feedback, skill development etc to ensure a hassle-free experience for all the apollo diagnostics’ stakeholders.
Establishing an Apollo Diagnostics franchise will require an available space of 180-250 sq. ft. wherein a single unit will cost around INR 3-5 L and a cluster unit will cost around INR 10-15 L. The space can be leased, owned or rented, preferably with a washroom facility.
Ideally, interested franchisee must be a pharma, doctor or healthcare professional with prior experience of running a centre or someone who wishes to be part of a brand synonymous with pioneering and quality healthcare.
WEBSITE: ( www.apollodiagnostics.in )
NOTE: The above mentioned data is variable and estimated. We strictly advise you to contact franchise specialists before investing or taking a professional or financial step.
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Dr. Lal Path Labs Franchise
Dr. Lal Path Labs was commenced by Late Dr. Major S.K. Lal, providing pathological services while also maintaining a blood bank in the year 1949. The company was incorporated as Dr. Lal Path Labs Private Ltd. in 1995 and received NABL (National Accreditation Board for Testing and Calibration Laboratories) Accreditation in 2000 at Hanuman Road, Delhi, alongside ISO 9001:2000 Certification in 2001 and International Accreditation by CAP (College of American Pathologists) in 2002.
Dr. Lal Path Labs acquired the Paliwal Medicare Private Limited and Paliwal Diagnostics Private Limited in 2008 and established the National Reference Lab in Delhi in 2010.
Dr. Lal Path Labs domestically has a network of over 280 clinical laboratories, 5,500+ PSCs and more than 11,000 PUPs while internationally, they boast of 23 operational countries with over 700 tests conducted daily and more than 150 partners which include hospitals and labs.
Logistically, Dr. Lal Path Labs has over 280 satellite labs, more than 1800 staff alongside over 250 doctors and 36 NABL labs.
To establish your very own Dr. Lal Path Labs franchise, approximately 200-250 sq. ft. space is required with a minimum investment of INR 3-5 L with a good ROI (Return On Investment). Dr. Lal Path Labs boasts of an exclusive DLPL Collection Centre and prefers someone from an experienced medical background.
WEBSITE: ( www.lalpathlabs.com )
NOTE: The above mentioned data is variable and estimated. We strictly advise you to contact franchise specialists before investing or taking a professional or financial step.
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Speciality Ranbaxy Labs (SRL)/ Agilus Diagnostics Franchise
Formerly known as Speciality Ranbaxy Labs or SRL, the company has rebranded as Agilus Diagnostics, inspired by the Latin word ‘agilis’, which literally means agility. It is a subsidiary of Fortis Healthcare.
SRL or Agilus Diagnostics was established in 1995, and is currently led by Anand K, who is the Managing Director and CEO of the company. Through its 28 years of exceptional work, the company has managed to build a legacy of its own, producing accurate and quality tests.
Agilus Diagnostics boasts of having the largest network of NABL (National Accreditation Board for Testing and Calibration Laboratories) accredited labs as of March 31, 2023. Agilus acquires a vast network that is spread across 25 states alongside 5 union territories, covering a huge sum of 1,000 towns and cities and more than 532 districts as of 2023.
Agilus Diagnostics acquires an extensive network of 413 laboratories out of which 43 laboratories were accredited by NABL (National Accreditation Board for Testing and Calibration Laboratories) as of March 31, 2023.
Agilus Diagnostics also secures 1 GRL in Mumbai, and 5 Regional Reference Laboratories located in Gurugram in Haryana, Chennai in Tamil Nadu, Kolkata in West Bengal, Bengaluru in Karnataka, and Cochin in Kerala.
To establish an Agilus Diagnostics franchise, a minimum investment of INR 2-3 L is required with a space requirement of around 150-200 sq. ft. ideally at ground floor with a washroom facility. Ideally, franchisee must be from a medical background.
WEBSITE: ( www.agilusdiagnostics.com )
NOTE: The above mentioned data is variable and estimated. We strictly advise you to contact franchise specialists before investing or taking a professional or financial step.
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House of Diagnostics (HOD) Franchise
House of Diagnostics or HOD is one of the leading Indian non-governmental companies and was established on 10th December, 2007 and acquires a rich history of 16 years.
The company was formerly known as NCR MRI & Diagnostics Private Limited. It is a swiftly growing private corporation offering radiology, pathology laboratory and nuclear imaging organization in Delhi & NCR. Headquartered in Delhi, HOD operated with state-of-the-art technology and utilizes the best equipment to carry out reliable and quality tests.
A minimum investment of INR 2-3 L is required alongside a space requirement of 250-500 sq. ft. preferably on ground floor alongside a washroom facility. Franchisees are preferred to be from the medical background including phlebotomist, healthcare workers, doctors, compounders, nurses, physiotherapists, medical technicians, dentists, etc.
WEBSITE: ( www.hod.care )
NOTE: The above mentioned data is variable and estimated. We strictly advise you to contact franchise specialists before investing or taking a professional or financial step.
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Thyrocare Franchise
Dr. Arokiaswamy Velumani who is a former scientist at BARC (Bhabha Atomic Research Centre) established Thyrocare in 1996 and commenced the first Thyrocare Laboratory in Byculla, Mumbai with the initial focus on thyroid. Velumani is the chairman and managing director of Thyrocare.
Thyrocare Technology Limited in the country’s first fully automated laboratory alongside a great presence both nationally and internationally in more than 2000 cities and towns. Thyrocare aims to provide quality and accurate tests at affordable prices making it reachable to the masses.
The headquarters or CPL (Central Processing Laboratory) of Thyrocare is situated in Navi Mumbai which also conducts esoteric tests. Thyrocare also acquires RPLs or Regional Processing Laboratories in the major metro cities of India and other regions of Asia.
Thyrocare was the first Indian diagnostic laboratory to obtain internationally renowned quality accreditations including ISO 9001 – 2000 rating in 2001 which has now further evolved or upgraded to 9001:2015 and CAP (College of American Pathologists) and NABL (National Accreditation Board for Testing and Calibration Laboratories) accreditations in 2005.
Thyrocare acquires a wide network of expert, authorized and well-equipped collections of centers that are connected through exceptionally strong logistics support and IT.
Thyrocare is also the first Indian laboratory to have an 24×7 IT enabled and fully automated diagnostics laboratory set up that is spread out across 2,000 sq. ft. that ensures the error free testing and processing of over 60,000 specimens alongside more than 3,00,000 screening and diagnostics investigations every night.
Thyrocare also boasts of there unbeatable speed which is curated through an exceptional combination of air-cargo logistics and barcoded, IT enabled, bi-directional systems, which ensures a turnaround time of 4-8 hours for testing and processing the samples for around 70% of the test menu that arrive at any hour of the night or day.
Thyrocare is also India’s first preanalytical barcoded vial sorter (MUT) and Sample Sorter (Roche) and the only company with PAN India presence with over 900 phlebotomist encompassing more than 3500 pin codes and 20+ regional processing laboratories, 3 zonal processing laboratories and 1 central processing laboratory.
A thyrocare franchise can be established with an estimated minimum investment of INR 2 L with INR 1 L refundable alongside INR 35,000 worth benefits for free.
WEBSITE: ( www.thyrocare.com )
NOTE: The above mentioned data is variable and estimated. We strictly advise you to contact franchise specialists before investing or taking a professional or financial step.
Afterword
Diagnostic centres are the backbone of modern healthcare, playing a pivotal role in detecting, diagnosing, and preventing health issues. With India’s medical diagnostics market growing rapidly, investing in a franchise offers not only a solid business opportunity but also a chance to contribute to a healthier future for the nation. By partnering with one of the top diagnostic centre franchises, you’re stepping into a rewarding industry, where every test result brings someone closer to better health.