written by | July 1, 2022

Complete Guide to Starting Apollo Diagnostics Franchise in 2022

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Table of Content


The rise of the need for diagnostic centres was most felt during the pandemic when people were rushing to get themselves checked at various diagnostic centres. The Apollo family has had a legacy of providing excellence in all aspects of healthcare for the last 36 years. With the same belief in quality healthcare, Apollo 24|7 ensures the highest quality diagnostic tests and results. Apollo Pathology Lab provides quick sample collection and reports delivery. With over more than a 3.5 million customer base, Apollo Diagnostic has set standards in quality healthcare. 

Did you know? 'The franchising industry in India is growing at 30-35% year-on-year and is pegged to touch 10000 billion by 2024.'.

So what are you waiting for? Read on further to know more about the Apollo Diagnostics Center Franchise.

Get to Know Apollo Diagnostics

  • Apollo Hospitals began its quest in 1983 with its headquarters in Chennai, and since then, the company has further immersed itself in the pharmacy or healthcare business. 
  • The introduction of Apollo Diagnostics, which offered the greatest and most efficient healthcare services, was one of the Hospital chain group's initiatives. 
  • As of 2015, there were more than 100 Apollo Diagnostic locations nationwide. As the company's locations grow in number each year, it has reached even greater heights.
  • Apollo Diagnostics ensures adherence to procedures and accuracy, as well as the quality of results, which form the basic foundation of any diagnostic service. Alongside, Apollo Diagnostics has a flawless track record of on-time deliveries thanks to its backup lab service.
  • Molecular genetics, immunology, histopathology, biochemistry, cytopathology, clinical pathology, serology, microbiology, and other fields of study are all addressed in Apollo Diagnostics' Center of Excellence.
  • Every single time a test is performed, Apollo Diagnostics guarantees and provides precision and accuracy.

Also Read: What is the Cost of Apollo Pharmacy Franchise in India

Why Apollo Diagnostics?

  • Providing necessary medications to patients is a thriving business for Apollo Pharmacy, a division of Apollo Hospitals. The hospital network has expanded and opened Apollo Diagnostic centres in many Indian cities. Apollo Diagnostic Centers have made it easy for people to get themselves evaluated under a trusted brand.
  • In addition, the Apollo hospital guides the diagnostic specialists and professionals. Modern technology equipment has been installed in each Apollo Diagnostic lab by the hospital.
  • To diagnose a disease, numerous tests must be performed. The majority of pathology labs in India demand exorbitant fees for straightforward examinations. People no longer trust these labs because of the exorbitant cost of the tests. Apollo ensures that its consumers can get tested and diagnosed for reasonable prices.
  • Outside of the Apollo Hospital Group, Apollo Diagnostic centres are establishing themselves as pioneers of quality and timely service.

Requirements of Apollo Diagnostics Franchise

  • Space Requirements: The total area required to open an Apollo Diagnostic Centre franchise is between 200 and 250 square feet. The required area must be a residential area. It is preferable to dwell in a middle-class or upper-middle-class neighbourhood. The space must be located on the ground floor so that senior citizens and people with disabilities can easily access it. From the ground floor, the collection centre will be easily accessible. Customers must have enough room to wait. A doctor's clinic close to the centre will be useful. The centre's design and colour scheme are provided by the headquarters. There must also be a restroom in the space.
  • Investment Required: Apollo Diagnostics franchise cost ranges from ₹3 to 5 lakhs, whereas ₹15 lakhs would be needed to open a diagnostic centre that is part of a cluster unit.
  • Prior Experience: The company is seeking franchise partners in the pharmaceutical or healthcare industries. Doctors make excellent partners as well. The franchise partner must be committed to the success of the business. They must either own or lease or rent the required area. The franchise partner must want to be associated with a quality brand that is a pioneer in the healthcare industry.
  • Regions: The headquarters of Apollo Hospitals is in Chennai, Tamil Nadu. They intend to expand into other major Indian cities such as New Delhi and Mumbai. The company intends to open diagnostic centres in all of India's states and union territories.
  • Requisite Training of Personnel: The company assists in the selection of a location for the Patient Care Centre. The company also prepares a detailed project report. The company assists the franchisee with logistics. All tests on the collected samples are performed at a facility dedicated to such testing. The collection centre staff receives extensive training in sample handling, report handling, and customer service. The company also assists with marketing and advertising. The company trains its employees. In addition, the company conducts regular operational and quality audits.
  • Staff Requirements: About 10 to 15 employees are required for an Apollo Diagnostic Centre franchise. A receptionist, sample gatherers, and cleaning personnel are among them.

Also Read: Want to Open An Ayurveda Medicine Store? Now You Can!

Advantages of Apollo Diagnostics Franchise

  • Expertise by the Group: Collaboration with India's healthcare movement would give you pleasure. The expense of logistics, a software license, marketing assistance, and business advertising will not be incurred by the franchisee. The Franchisor offers assistance with handling complaints, customer service, and grievances. It is run by professionals with experience working in diagnostic centres for medical tests.
  • Financial Returns: Apollo Diagnostics Centre Franchise assures guaranteed financial gains in a short period. One can begin with modest investments in addition to low costs for operation and maintenance. The centre can be launched in a neighbourhood. It will also be advantageous if it is close to a medical clinic.
  • Increased Footfall: With the help of the Brand Name ‘Apollo’, customers are expected to turn out to the diagnostic centre in huge numbers. Alongside, expertise and training offered by the company will also reap benefits for increasing overall business.
  • Low Running Costs: Apollo Diagnostic Centre franchise comes at a low running cost and, thus, is feasible to run for a long term without burning the pocket of the investor.

How to Apply for Apollo Diagnostics Franchise?

  •  Visit the official website of Apollo Diagnostics, www.apollodiagnostics.in, and fill out the form appearing on the right side of the website. 
  • Make sure to fill the form with accurate information, and then proceed with submitting it. 
  • The Apollo group will then contact you, and once all the necessary steps have been taken, you will receive the Apollo Diagnostics franchise.
  •  You can also call the Apollo Diagnostics customer service line for additional information about this franchise business. Apollo Diagnostics franchise contact number is 91-40-4904 7777.

Conclusion:

There has been a sudden and urgent expansion in the health sector as a result of the pandemic and an increased public awareness of health issues. A well-known brand of diagnostic facilities is the Apollo Diagnostics franchise, which has been offering excellent services to the public for the last few decades. Apollo, being a pioneer of healthcare and diagnostic services in India, offers a  great opportunity for individuals willing to start something of their own. The Apollo Diagnostic Centre franchise will help open avenues of growth in terms of exponential growth, business, and profits under the umbrella of the Brand” Apollo”. Anyone willing to invest must carefully weigh its pros and cons before making an informed decision.

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FAQs

Q: Do Diagnostic Centers offer health checkups for their customers?

Ans:

Diagnostic Centers are only meant to collect a sample of their customers and provide them with a report according to the same. The diagnostic centres are not meant to run health checkups for their customers. They simply report the findings of the sample collected.

Q: Are the revenue-generating models of Diagnostic centres affected by Inflation?

Ans:

Diagnostic Centre Franchise business is directly correlated to the health industry. Health Industry remains unaffected by inflation and has always shown a growing trend in terms of business.

Q: In how many years one can expect the Return on Investment in the case of Apollo Diagnostic Centers?

Ans:

One can expect the Return on Investment period to be 1-1.5 years in the case of the Apollo Diagnostic Centre franchise.

Q: What is the Apollo Franchise Commission?

Ans:

Franchisee Commission retained by the franchisee is approximately 95% of the revenue.

Q: What is the estimated setup time for the Apollo Diagnostic Centre Franchise Business?

Ans:

The Apollo Diagnostic Centre franchise business can ideally be set up in 1 to 3 months. This time may differ for each individual.

Disclaimer :
The information, product and services provided on this website are provided on an “as is” and “as available” basis without any warranty or representation, express or implied. Khatabook Blogs are meant purely for educational discussion of financial products and services. Khatabook does not make a guarantee that the service will meet your requirements, or that it will be uninterrupted, timely and secure, and that errors, if any, will be corrected. The material and information contained herein is for general information purposes only. Consult a professional before relying on the information to make any legal, financial or business decisions. Use this information strictly at your own risk. Khatabook will not be liable for any false, inaccurate or incomplete information present on the website. Although every effort is made to ensure that the information contained in this website is updated, relevant and accurate, Khatabook makes no guarantees about the completeness, reliability, accuracy, suitability or availability with respect to the website or the information, product, services or related graphics contained on the website for any purpose. Khatabook will not be liable for the website being temporarily unavailable, due to any technical issues or otherwise, beyond its control and for any loss or damage suffered as a result of the use of or access to, or inability to use or access to this website whatsoever.
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Disclaimer :
The information, product and services provided on this website are provided on an “as is” and “as available” basis without any warranty or representation, express or implied. Khatabook Blogs are meant purely for educational discussion of financial products and services. Khatabook does not make a guarantee that the service will meet your requirements, or that it will be uninterrupted, timely and secure, and that errors, if any, will be corrected. The material and information contained herein is for general information purposes only. Consult a professional before relying on the information to make any legal, financial or business decisions. Use this information strictly at your own risk. Khatabook will not be liable for any false, inaccurate or incomplete information present on the website. Although every effort is made to ensure that the information contained in this website is updated, relevant and accurate, Khatabook makes no guarantees about the completeness, reliability, accuracy, suitability or availability with respect to the website or the information, product, services or related graphics contained on the website for any purpose. Khatabook will not be liable for the website being temporarily unavailable, due to any technical issues or otherwise, beyond its control and for any loss or damage suffered as a result of the use of or access to, or inability to use or access to this website whatsoever.