Explore India's leading diagnostic companies, empowering healthcare through innovative testing and advanced medical solutions.
The diagnostics industry is critical for India's healthcare sector. With a projected growth from $14.57 billion in 2022 to $44.9 billion by FY32, this sector is expanding due to rising healthcare awareness, advanced testing, and preventive care trends.
Based in Hyderabad, Vijaya Diagnostic Centre is a pioneer in offering comprehensive diagnostic services, including pathology and radiology. It operates a wide network of laboratories and diagnostic centers across India. Data as of 31st December 2024. Source NSE
Vijaya Diagnostic Centre Ltd., based in Hyderabad, offers pathology and radiology services with a wide network across India. (Market Cap: ₹10,908.75 Cr, Source: NSE, as of 31st Dec 2024)
Metropolis Healthcare Ltd., based in Mumbai, specializes in advanced diagnostic tests and services. It has a strong presence in India and global emerging markets. (Market Cap: ₹10,601.89 Cr, Source: NSE, as of 31st Dec 2024)
Dr. Lal PathLabs Ltd., headquartered in Delhi, is one of India's largest diagnostic chains, known for reliable pathology services. It has a strong presence across Tier-I, II, and III cities. (Market Cap: ₹24,893.43 Cr, Source: NSE, as of 31st Dec 2024)
Krsnaa Diagnostics Ltd., based in Pune, is a rapidly growing provider of affordable diagnostic services with an extensive network serving both rural and urban areas. (Market Cap: ₹2,847.96 Cr, Source: NSE, as of 31st Dec 2024)
Thyrocare Technologies Ltd., headquartered in Navi Mumbai, is known for affordable and preventive diagnostic services, with a strong focus on wellness testing and innovative solutions. (Market Cap: ₹4,282.22 Cr, Source: NSE, as of 31st Dec 2024)
India's diagnostics industry is rapidly growing, driven by rising demand for advanced testing and preventive healthcare. Leading companies like Vijaya Diagnostic, Dr. Lal PathLabs, Metropolis Healthcare, Thyrocare, and Krsnaa Diagnostics are innovating and expanding accessibility across the country.