India has a large and fast-growing health and wellness industry catering to the healthcare needs of over 1.3 billion people. The country’s healthcare sector was valued at $372 billion as of 2022 and is projected to grow at a CAGR of 22% from 2023 to 2028.
Top 100 health and wellness companies in India as of 2024:
- Apollo Hospitals Enterprise Ltd
- Sun Pharmaceutical Industries Ltd
- Dr. Reddy’s Laboratories Ltd
- Fortis Healthcare
- Cadila Healthcare
- Neuland Laboratories Ltd
- Cipla Ltd
- Pfizer Ltd
- Eris Lifesciences Ltd
- Piramal Enterprises Ltd
- Biocon Ltd
- Abbott India Ltd
- Glenmark Pharmaceuticals Ltd
- Lupin
- Strides Pharma Science Ltd
- Zydus Cadila Healthcare Ltd
- Alembic Ltd
- Natco Pharma
- Intas Pharmaceuticals Ltd
- Sanofi India Ltd
- GlaxoSmithKline Pharmaceuticals Ltd
- Novartis India Ltd
- Aurobindo Pharma Ltd
- Wockhardt Ltd
- Alkem Laboratories Ltd
- Torrent Pharmaceuticals Ltd
- Max Healthcare Institute Ltd
- Narayana Hrudayalaya Ltd
- Mankind Pharma
- Ajanta Pharma Ltd
- Macleods Pharmaceuticals Ltd
- Panacea Biotec Ltd
- Suven Life Sciences Ltd
- Shalby Ltd
- Metropolis Healthcare Ltd
- Aster DM Healthcare
- Divi’s Laboratories Ltd
- SeQuent Scientific Ltd
- Kwality Pharmaceuticals Ltd
- Ipca Laboratories Ltd
- Morepen Laboratories Ltd
- Amrutanjan Healthcare Ltd
- Healthcare Global Enterprises Ltd
- Nectar Lifesciences Ltd
- Albert David Ltd
- Kilitch Drugs India Ltd
- Kopran Ltd
- Brooke Bond Lipton India Ltd
- Medinova Diagnostic Services Ltd
- Bal Pharma Ltd
- Solara Active Pharma Sciences Ltd
- Unichem Laboratories Ltd
- Jubilant Life Sciences Ltd
- Marksans Pharma Ltd
- RPG Life Sciences Ltd
- Bliss GVS Pharma Ltd
- Merck Ltd
- Bharat Serums and Vaccines Ltd
- La Renon Healthcare Ltd
- Fresenius Kabi Oncology Ltd
- Lincoln Pharmaceuticals Ltd
- Indoco Remedies Ltd
- Venus Remedies Ltd
- Vasu Healthcare Ltd
- Voith Paper Fabrics India Ltd
- Medplus Health Services Ltd
- FDC Ltd
- Jamna Auto Industries Ltd
- Aster Medcity
- MediBuddy
- 1mg
- Practo
- Portea Medical
- PharmEasy
- Netmeds
- Tricog Health Services
- Ziffy Technologies
- Ayu Health
- Mfine
- Meddo
- doctHERS
- CallHealth
- Myra
- Ambee
- Seraniti
- BeatO
- Atom Medical
- Ekincare
- NeuroPro
- CureSkin
- Navia Life Care
- Hayati Wellness
- Smile Taxi
- Medikabazaar
- People4health
- Wellthy Therapeutics
- HealthCube
- Redcliffe Life Diagnostics
- HealthifyMe
- HealthTangram Technologies
The list includes major pharmaceutical companies, hospital chains, diagnostics service providers, medical device manufacturers, health-tech startups, and other players across India’s vast healthcare industry. The companies range from decades-old organizations like Apollo Hospitals and Sun Pharma to new-age health startups like Practo and PharmEasy that are leveraging technology to improve healthcare access and delivery.
Frequently asked questions around the Indian healthcare industry include:
Which are the major healthcare companies in India?
Some of the major Indian healthcare companies include pharmaceutical firms like Sun Pharma, Dr Reddy’s Labs, Cipla; hospital chains like Apollo Hospitals, Fortis Healthcare, Max Healthcare Institute; diagnostics chains like Metropolis Healthcare, Thyrocare Technologies; and health-tech startups like PharmEasy, Practo and Portea Medical.
What are the key segments in the Indian healthcare sector?
The key segments in India’s healthcare industry include pharmaceuticals, hospitals & diagnostic center chains, medical devices and equipment, healthcare IT, telemedicine and home healthcare services. Some fast growing areas are health-tech and digital health startups.
Which companies dominate the pharmaceutical space?
The major pharmaceutical/biopharma companies in India are Sun Pharmaceutical Industries, Dr Reddy’s Laboratories, Cipla, Lupin, Cadila Healthcare (Zydus Cadila), Torrent Pharmaceuticals, Biocon, Serum Institute of India, Alembic Pharmaceuticals among others. These companies focus on branded generics, generics, active pharmaceutical ingredients (APIs) and biosimilars.
Who are the top hospital chains?
The leading hospital chains in India are Apollo Hospitals Enterprise Ltd with over 7,500 beds, Fortis Healthcare (over 4,600 beds), Max Healthcare Institute Ltd (around 3,400 beds), Narayana Hrudayalaya Ltd (over 7,000 beds) and Manipal Hospital Enterprises Pvt Ltd (over 6,000 beds).