India Asset Light Hospital Services Market Size, Share & Trends Analysis Report By Services (Telehealth And Virtual Care, Home-based Healthcare), By Business Model (Franchise-based Clinics, Hub-and-Spoke Models), By Ownership, And Segment Forecasts, 2025
Description
Market Size & Trends
The India asset light hospital services market size was estimated at USD 95.70 million in 2024 and is expected to grow at a CAGR of 29.74% from 2025 to 2030. The growing demand for accessible and affordable healthcare in India is driven by urbanization, rising health awareness, and the increasing need for both urban and rural services. Asset-light models, which leverage existing infrastructure and minimize capital investment, enable healthcare providers to meet this demand efficiently. For instance, Pristyn Care operates licensed clinics where doctors evaluate patients and perform surgeries at affiliated hospitals, allowing it to expand rapidly without heavy capital investment in infrastructure.
The healthcare sector in India faces challenges related to accessibility, affordability, and quality, with public healthcare overburdened and private options unaffordable for many. An asset-light model powered by technology offers a solution by creating platforms that combine clinical expertise with standardized protocols, ensuring consistent outcomes, transparent pricing, and excellent patient experiences. These platforms expand rapidly while maintaining quality, making smaller, geography-specific healthcare centers feasible. The demand for asset-light hospital services has grown since the pandemic. For instance, myKare Health (Justkare Technologies Pvt. Ltd.) saw a 300% revenue increase since July 2020.
“To address this issue and provide affordable and standardized surgical care & preventive/wellness services, we are committed to creating India's largest asset-light healthcare chain. We have already witnessed a significant demand in this sector and are working toward meeting it.”
In healthcare, asset-light strategies are gaining traction to drive growth and increase collaboration. This model enhances financial flexibility, accelerates adaptation to patient needs, and enables a stronger focus on clinical services and patient care. By leveraging external expertise, providers can improve service delivery, scale operations efficiently, and strengthen partnerships across the ecosystem.
India Asset Light Hospital Services Market Report Segmentation
This report forecasts revenue growth at the country level and provides an analysis of the latest trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the India asset light hospital services market report based on services, business model, and ownership:
The India asset light hospital services market size was estimated at USD 95.70 million in 2024 and is expected to grow at a CAGR of 29.74% from 2025 to 2030. The growing demand for accessible and affordable healthcare in India is driven by urbanization, rising health awareness, and the increasing need for both urban and rural services. Asset-light models, which leverage existing infrastructure and minimize capital investment, enable healthcare providers to meet this demand efficiently. For instance, Pristyn Care operates licensed clinics where doctors evaluate patients and perform surgeries at affiliated hospitals, allowing it to expand rapidly without heavy capital investment in infrastructure.
The healthcare sector in India faces challenges related to accessibility, affordability, and quality, with public healthcare overburdened and private options unaffordable for many. An asset-light model powered by technology offers a solution by creating platforms that combine clinical expertise with standardized protocols, ensuring consistent outcomes, transparent pricing, and excellent patient experiences. These platforms expand rapidly while maintaining quality, making smaller, geography-specific healthcare centers feasible. The demand for asset-light hospital services has grown since the pandemic. For instance, myKare Health (Justkare Technologies Pvt. Ltd.) saw a 300% revenue increase since July 2020.
“To address this issue and provide affordable and standardized surgical care & preventive/wellness services, we are committed to creating India's largest asset-light healthcare chain. We have already witnessed a significant demand in this sector and are working toward meeting it.”
In healthcare, asset-light strategies are gaining traction to drive growth and increase collaboration. This model enhances financial flexibility, accelerates adaptation to patient needs, and enables a stronger focus on clinical services and patient care. By leveraging external expertise, providers can improve service delivery, scale operations efficiently, and strengthen partnerships across the ecosystem.
India Asset Light Hospital Services Market Report Segmentation
This report forecasts revenue growth at the country level and provides an analysis of the latest trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the India asset light hospital services market report based on services, business model, and ownership:
- Services Outlook (Revenue, USD Million, 2018 - 2030)
- Telehealth and Virtual Care
- Online consultation platforms
- Digital diagnostics
- Remote monitoring
- Home-based Healthcare
- Primary Care Services
- General OPD clinics
- Preventive health check-ups
- Family medicine
- Daycare Surgical Services
- Specialty & Super-specialty Services
- Oncology clinics
- Dialysis centers
- Fertility centers
- Orthopedic day-care clinics
- Business Model Outlook (Revenue, USD Million, 2018 - 2030)
- Franchise-based Clinics
- Hub-and-Spoke Models
- Outsourced Operations (O&M contracts)
- Joint Ventures/PPP Models
- Platform-led Aggregators
- Ownership Outlook (Revenue, USD Million, 2018 - 2030)
- Start-up and Venture-backed Chains (e.g., Pristyn Care, HealthPlix)
- Hospital-backed Asset-light Expansions (e.g., Apollo Clinics, Fortis OPDs)
- Standalone Physician-run Clinics
- Aggregator Platforms (e.g., Practo, 1MG for diagnostics and OPD bookings)
Table of Contents
100 Pages
- Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Segment scope
- 1.1.2. Regional scope
- 1.1.3. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR’s internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.4. Information or Data Analysis
- 1.4.1. Data analysis models
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.6.1. Commodity flow analysis (Model 1)
- 1.6.1.1. Approach 1: Commodity flow approach
- 1.7. Research Assumptions
- 1.8. List of Secondary Sources
- 1.9. List of Primary Sources
- Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Services outlook
- 2.2.2. Business Model outlook
- 2.2.3. Ownership outlook
- 2.2.4. Regional outlook
- 2.3. Competitive Insights
- Chapter 3. India Asset Light Hospital Services Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Ancillary market outlook
- 3.2. Market Dynamics
- 3.2.1. Market driver analysis
- 3.2.2. Market restraint analysis
- 3.2.3. Market opportunity analysis
- 3.2.4. Market challenges
- 3.3. India Asset Light Hospital Services: Market Analysis Tools
- 3.3.1. Industry Analysis – Porter’s
- 3.3.2. PESTLE Analysis
- 3.4. Regulatory Landscape
- 3.5. Technology Landscape
- 3.6. Case Study Analysis
- 3.7. Reimbursement/Insurance Coverage Trends
- 3.8. Impact of COVID-19 on India Digital Health Market
- 3.9. User Volume Data Analysis
- Chapter 4. India Asset Light Hospital Services Market Segment Analysis, By Services, 2018 - 2030 (USD Million)
- 4.1. Definition and Scope
- 4.2. Services Market Share Analysis, 2024 & 2030
- 4.3. Segment Dashboard
- 4.4. India Asset Light Hospital Services Market, by Services, 2018 to 2030
- 4.5. Telehealth and Virtual Care
- 4.5.1. Telehealth and Virtual Care Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5.2. Online consultation platforms
- 4.5.2.1. Online consultation platforms Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5.3. Digital diagnostics
- 4.5.3.1. Digital diagnostics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5.4. Remote monitoring
- 4.5.4.1. Remote monitoring Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.6. Home-based Healthcare
- 4.6.1. Home-based Healthcare Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.7. Daycare Surgical Services
- 4.7.1. Daycare Surgical Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.8. Primary Care Services
- 4.8.1. Primary Care Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.8.2. General OPD clinics
- 4.8.2.1. General OPD clinics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.8.3. Preventive health check-ups
- 4.8.3.1. Preventive health check-ups Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.8.4. Family medicine
- 4.8.4.1. Family medicine Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.9. Specialty & Super-specialty Services
- 4.9.1. Specialty & Super-specialty Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.9.2. Oncology clinics
- 4.9.2.1. Oncology clinics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.9.3. Dialysis centers
- 4.9.3.1. Dialysis centers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.9.4. Fertility centers
- 4.9.4.1. Fertility centers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.9.5. Orthopedic day-care clinics
- 4.9.5.1. Orthopedic day-care clinics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- Chapter 5. India Asset Light Hospital Services Market Segment Analysis, By Business Model, 2018 - 2030 (USD Million)
- 5.1. Definition and Scope
- 5.2. Business Model Market Share Analysis, 2024 & 2030
- 5.3. Segment Dashboard
- 5.4. India Asset Light Hospital Services Market, by Business Model, 2018 to 2030
- 5.5. Franchise-based Clinics
- 5.5.1. Franchise-based Clinics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Hub-and-Spoke Models
- 5.6.1. Hub-and-Spoke Models Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.7. Outsourced Operations (O&M contracts)
- 5.7.1. Outsourced Operations (O&M contracts) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.8. Joint Ventures/PPP Models
- 5.8.1. Joint Ventures/PPP Models Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.9. Platform-led Aggregators
- 5.9.1. Platform-led Aggregators Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- Chapter 6. India Asset Light Hospital Services Market Segment Analysis, By Ownership, 2018 - 2030 (USD Million)
- 6.1. Definition and Scope
- 6.2. Ownership Market Share Analysis, 2024 & 2030
- 6.3. Segment Dashboard
- 6.4. India Asset Light Hospital Services Market, by Ownership, 2018 to 2030
- 6.5. Start-up and Venture-backed Chains
- 6.5.1. Start-up and Venture-backed Chains Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Hospital-backed Asset-light Expansions
- 6.6.1. Hospital-backed Asset-light Expansions Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.7. Standalone Physician-run Clinics
- 6.7.1. Standalone Physician-run Clinics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.8. Aggregator Platforms
- 6.8.1. Aggregator Platforms Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Market Share Analysis
- 7.4. Asset Light Hospital Services: Analyst Insights on the Financial Performance
- 7.5. Asset Light Hospital Services: Analyst Insights on the EBITDA And Market Economics
- 7.5.1. EBITDA Trends (2018 - 2030)
- 7.6. Asset Light Hospital Services: Estimated Market Players Ranking, 2024
- 7.7. Company Profiles
- 7.7.1. Pristyncare
- 7.7.1.1. Company overview
- 7.7.1.2. Financial performance
- 7.7.1.3. Platform benchmarking
- 7.7.1.4. Strategic initiatives
- 7.7.2. HexaHealth (Vianam Healthtech Private Limited)
- 7.7.2.1. Company overview
- 7.7.2.2. Financial performance
- 7.7.2.3. Platform benchmarking
- 7.7.2.4. Strategic initiatives
- 7.7.3. MyKare Health (mykarehealth.com)
- 7.7.3.1. Company overview
- 7.7.3.2. Financial performance
- 7.7.3.3. Platform benchmarking
- 7.7.3.4. Strategic initiatives
- 7.7.4. Glamyo Health
- 7.7.4.1. Company overview
- 7.7.4.2. Financial performance
- 7.7.4.3. Platform benchmarking
- 7.7.4.4. Strategic initiatives
- 7.7.5. Aster DM Healthcare
- 7.7.5.1. Company overview
- 7.7.5.2. Financial performance
- 7.7.5.3. Platform benchmarking
- 7.7.5.4. Strategic initiatives
- 7.7.6. MANIPAL HEALTH ENTERPRISES PVT LTD (Manipal Hospitals)
- 7.7.6.1. Company overview
- 7.7.6.2. Financial performance
- 7.7.6.3. Platform benchmarking
- 7.7.6.4. Strategic initiatives
- 7.7.7. Apollo Hospitals
- 7.7.7.1. Company overview
- 7.7.7.2. Financial performance
- 7.7.7.3. Platform benchmarking
- 7.7.7.4. Strategic initiatives
- 7.7.8. Fortis Healthcare
- 7.7.8.1. Company overview
- 7.7.8.2. Financial performance
- 7.7.8.3. Platform benchmarking
- 7.7.8.4. Strategic initiatives
- 7.7.9. Artemis Hospital (Artemis Medicare Services Ltd)
- 7.7.9.1. Company overview
- 7.7.9.2. Financial performance
- 7.7.9.3. Platform benchmarking
- 7.7.9.4. Strategic initiatives
- 7.7.10. GPT Healthcare (GPT Group)
- 7.7.10.1. Company overview
- 7.7.10.2. Financial performance
- 7.7.10.3. Platform benchmarking
- 7.7.10.4. Strategic initiatives
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