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India Physician Groups Market

ID: MRFR/MED/50836-HCR
200 Pages
Garvit Vyas
February 2026

India Physician Groups Market Research Report: Size, Share, Trend Analysis By Types of Physician Groups (Independent Physician Groups, Hospital-Affiliated Physician Groups, Multispecialty Physician Groups, Single Specialty Physician Groups), By Service Offered (Primary Care Services, Specialty Care Services, Emergency Care Services, Preventive Care Services), By Practice Size (Small Practices, Medium Practices, Large Practices) and By Payer Mix (Public Payers, Private Insurers, Self-Pay) - Growth Outlook & Industry Forecast 2025 To 2035

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India Physician Groups Market Summary

As per analysis, the India physician groups market is projected to grow from USD 3.91 Billion in 2024 to USD 5.77 Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 3.6% during the forecast period (2025 - 2035).

Key Market Trends & Highlights

The India physician groups market is experiencing a transformative shift towards integrated and collaborative care models.

  • Digital health integration is reshaping patient engagement and care delivery across physician groups.
  • Cardiology remains the largest segment, while orthopedics is emerging as the fastest-growing area in the market.
  • Group practice continues to dominate, whereas multi-specialty practices are rapidly expanding their footprint.
  • Rising demand for healthcare services and technological advancements are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 3.91 (USD Billion)
2035 Market Size 5.77 (USD Billion)
CAGR (2025 - 2035) 3.6%

Major Players

Apollo Hospitals (IN), Fortis Healthcare (IN), Max Healthcare (IN), Manipal Hospitals (IN), Narayana Health (IN), Medanta (IN), Wockhardt Hospitals (IN), Care Hospitals (IN), KIMS Hospitals (IN), HCG Hospitals (IN)

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India Physician Groups Market Trends

The India physician groups market is currently experiencing a transformation driven by various factors, including technological advancements and changing patient expectations. The integration of digital health solutions appears to be reshaping how physician groups operate, enabling them to enhance patient engagement and streamline administrative processes. Telemedicine, electronic health records, and mobile health applications are becoming increasingly prevalent, suggesting a shift towards more patient-centered care. This evolution may lead to improved health outcomes and greater efficiency within the healthcare system. Moreover, the regulatory landscape in India is evolving, with the government emphasizing the need for quality healthcare services. This focus on quality may encourage physician groups to adopt best practices and enhance their service offerings. Collaborative care models are also gaining traction, indicating a potential shift towards multidisciplinary approaches in patient management. As the india physician groups market continues to develop, it is likely that these trends will play a crucial role in shaping the future of healthcare delivery in the country.

Digital Health Integration

The integration of digital health technologies is becoming a defining characteristic of the india physician groups market. This trend encompasses telemedicine, electronic health records, and mobile health applications, which collectively enhance patient engagement and streamline operations. As physician groups adopt these technologies, they may experience improved efficiency and better health outcomes for patients.

Regulatory Emphasis on Quality

The regulatory environment in India is increasingly focused on ensuring quality healthcare services. This emphasis may drive physician groups to adopt best practices and enhance their service offerings. As regulations evolve, there is potential for improved standards of care, which could positively impact patient satisfaction and health outcomes.

Collaborative Care Models

Collaborative care models are gaining prominence within the india physician groups market. These approaches encourage multidisciplinary teams to work together in managing patient care, which may lead to more comprehensive treatment plans. This trend suggests a shift towards integrated healthcare delivery, potentially improving patient outcomes and satisfaction.

India Physician Groups Market Drivers

Focus on Preventive Healthcare

The growing emphasis on preventive healthcare is emerging as a key driver in the India physician groups market. With an increasing awareness of health and wellness, patients are seeking preventive services such as regular check-ups, screenings, and lifestyle management programs. This shift towards preventive care is prompting physician groups to adapt their service offerings to include wellness programs and health education initiatives. As of January 2026, it is estimated that preventive healthcare services have seen a growth rate of approximately 25% in urban centers. This trend not only helps in reducing the burden of chronic diseases but also positions physician groups as proactive health partners, potentially leading to long-term patient relationships and increased revenue streams.

Collaboration and Network Expansion

Collaboration among healthcare providers is becoming increasingly vital in the India physician groups market. Physician groups are forming networks and alliances to enhance service delivery and patient care. This collaborative approach allows for shared resources, knowledge exchange, and improved patient outcomes. As of January 2026, many physician groups are engaging in partnerships with hospitals and specialty clinics to offer comprehensive care solutions. Such collaborations are particularly beneficial in managing complex cases that require multidisciplinary approaches. Additionally, the expansion of networks enables physician groups to leverage economies of scale, thereby reducing operational costs and improving service efficiency. This trend towards collaboration is likely to strengthen the competitive positioning of physician groups in the evolving healthcare landscape.

Government Policies and Initiatives

The India physician groups market is significantly shaped by government policies and initiatives aimed at improving healthcare access and quality. The National Health Policy 2017 emphasizes the need for comprehensive healthcare services, which has led to increased funding and support for healthcare providers, including physician groups. As of January 2026, various state governments are implementing schemes to incentivize the establishment of healthcare facilities in rural areas, thereby expanding the reach of physician groups. Additionally, the introduction of the Ayushman Bharat scheme has facilitated access to health insurance for millions, further driving demand for physician services. These supportive policies are likely to enhance the operational landscape for physician groups, fostering growth and sustainability in the market.

Rising Demand for Healthcare Services

The India physician groups market is experiencing a notable increase in demand for healthcare services, driven by a growing population and rising health awareness. As of January 2026, the population of India is estimated to be over 1.4 billion, leading to a higher prevalence of chronic diseases and a greater need for specialized medical care. This surge in demand is prompting physician groups to expand their services and improve accessibility. Furthermore, the increasing disposable income among the middle class is enabling more individuals to seek medical attention, thereby contributing to the growth of the physician groups market. The government initiatives aimed at enhancing healthcare infrastructure also play a crucial role in supporting this demand, indicating a robust future for the industry.

Technological Advancements in Healthcare

Technological advancements are significantly influencing the India physician groups market, as innovations in medical technology and telemedicine reshape patient care. The integration of digital health solutions, such as electronic health records and teleconsultation platforms, is enhancing the efficiency and effectiveness of healthcare delivery. As of January 2026, it is estimated that telemedicine usage has increased by over 30% in urban areas, allowing physician groups to reach a broader patient base. These advancements not only improve patient outcomes but also streamline administrative processes within physician groups. The ongoing investment in health tech startups and collaborations with technology firms further indicates a trend towards modernization in the healthcare sector, which is likely to bolster the physician groups market in India.

Market Segment Insights

By Specialty: Cardiology (Largest) vs. Orthopedics (Fastest-Growing)

The Indian physician groups market has a diverse range of specialties, with Cardiology leading in market share. This segment benefits from an increasing prevalence of heart diseases due to lifestyle changes and a growing geriatric population. Following closely are Orthopedics, Pediatrics, Dermatology, and Gastroenterology, each contributing to the comprehensive healthcare fabric of India. Orthopedics, in particular, shows significant growth potential, driven by rising sports injuries and an aging population requiring joint replacements and rehabilitation services. Growth trends in the specialty segments exhibit a strong potential for expansion, particularly in Orthopedics and Pediatric care. Factors such as improved awareness of healthcare, advancements in medical technology, and government initiatives promoting healthcare accessibility are propelling these segments. As a result, specialized treatments and advanced surgical techniques are gaining traction, making these segments crucial in the overall development of the healthcare ecosystem in India.

Cardiology: Dominant vs. Gastroenterology: Emerging

Cardiology stands as the dominant specialty in the physician groups market, characterized by its broad array of treatments ranging from cardiovascular diseases to preventive care. The increasing awareness of heart health and advancements in cardiac technology contribute to its leading market position. In contrast, Gastroenterology is recognized as an emerging specialty, largely due to the rising incidents of digestive disorders and the substantial need for diagnostic procedures such as endoscopies. While Cardiology benefits from established practices and patient loyalty, Gastroenterology is rapidly expanding through innovative treatment methods and an increase in specialized clinics, showcasing the evolving needs of the Indian healthcare landscape.

By Practice Type: Group Practice (Largest) vs. Multi-Specialty (Fastest-Growing)

In the India physician groups market, the practice type segment reveals a diverse distribution among various values like Solo Practice, Group Practice, Hospital Affiliated, Multi-Specialty, and Single-Specialty. Group Practice represents the largest share due to its collaborative approach, efficiently meeting patient needs through coordinated care. In contrast, Multi-Specialty practices are rapidly gaining traction, driven by increasing patient demand for comprehensive care that addresses multiple health issues within a single facility.

Group Practice: Dominant vs. Multi-Specialty: Emerging

Group Practice stands as the dominant model in the India physician groups market, characterized by collaborative physicians working together to enhance patient care and operational efficiency. This practice model thrives in urban areas, integrating various specialties under one roof, which fosters a holistic approach to health services. On the other hand, Multi-Specialty practices are emerging as pivotal players in response to changing healthcare preferences, appealing to a patient base that values convenience and comprehensive treatment options. The growth of Multi-Specialty practices is supported by advancements in healthcare technology and a shift towards value-based care, allowing them to attract a diverse clientele seeking specialized yet integrated treatment pathways.

By Patient Demographics: Adult Patients (Largest) vs. Geriatric Patients (Fastest-Growing)

In the India physician groups market, the distribution of patient demographics shows that Adult Patients hold the largest portion of the market. This demographic primarily includes individuals aged between 18 to 64 years, where chronic illnesses and lifestyle-related health concerns are predominant. Geriatric Patients are emerging as a significant segment due to the rapidly aging population, contributing to a notable increase in healthcare demands and services tailored specifically for elderly care.

Adult Patients (Dominant) vs. Geriatric Patients (Emerging)

Adult Patients represent the dominant segment within the India physician groups market, primarily because of the high prevalence of chronic diseases and lifestyle-related health issues in this age group. This demographic often requires ongoing medical care, resulting in diverse healthcare needs. Conversely, Geriatric Patients are positioned as the fastest-growing segment, driven by an increase in life expectancy and the growing emphasis on geriatric healthcare services. As healthcare providers focus on age-related illnesses, the need for specialized care for older adults is expected to significantly rise, creating new opportunities within this segment.

By Service Delivery Model: In-Person Consultation (Largest) vs. Telemedicine (Fastest-Growing)

In the India physician groups market, the service delivery model is crucial for patient engagement and care efficiency. Currently, in-person consultations hold a significant market share, reflecting the traditional approach to healthcare in the country, with many patients preferring face-to-face interactions with healthcare professionals. Meanwhile, telemedicine is rapidly gaining traction, particularly in urban areas, as it provides convenience and accessibility, catering to the growing demand for flexible healthcare solutions.

Consultations: In-Person (Dominant) vs. Telemedicine (Emerging)

In-person consultations are recognized as the dominant service delivery model in the India physician groups market. They offer direct interaction between patients and physicians, fostering trust and better communication. This model is essential for comprehensive evaluations and personalized care plans. On the other hand, telemedicine is emerging as a vital alternative, especially among younger populations and those in remote areas. It leverages technology to provide healthcare services via online platforms, significantly reducing barriers to access. The growing acceptance of digital health solutions and the emphasis on convenience are driving its expansion, positioning telemedicine as a key player in the evolving healthcare landscape.

By Payment Model: Fee-for-Service (Largest) vs. Value-Based Care (Fastest-Growing)

In the India physician groups market, the payment model distribution showcases a diverse array of options, with Fee-for-Service leading significantly. This model allows physicians to receive payment for each service provided, contributing to its popularity among practitioners. Capitation and Insurance-Based payment models also hold substantial shares, but not as dominant as Fee-for-Service. In contrast, both Direct Primary Care and Value-Based Care are emerging as noteworthy options, indicating a shift towards more patient-centered approaches in healthcare delivery. The growth trends within the payment model segment illustrate a transition towards Value-Based Care, which incentivizes healthcare providers to focus more on patient outcomes rather than the volume of services rendered. Factors driving this shift include increased patient awareness, demand for higher quality care, and policy changes promoting value-driven healthcare solutions. The rise of technology-enabled healthcare delivery is also paving the way for innovative payment models, further contributing to their expansion within the physician groups market in India.

Fee-for-Service (Dominant) vs. Value-Based Care (Emerging)

The Fee-for-Service payment model remains the dominant approach in the India physician groups market, primarily due to its straightforward structure that allows physicians to bill for individual services rendered. This model facilitates income stability for healthcare providers but may also lead to unnecessary procedures. On the other hand, Value-Based Care is emerging as a compelling alternative by aligning compensation with patient health outcomes. This model focuses on improving care efficiency and effectiveness, urging providers to enhance service quality. It appeals to the increasingly health-conscious population demanding better health management. The ongoing adoption of digital health tools is further strengthening the Value-Based Care model, enabling physicians to track and improve patient care effectively.

Get more detailed insights about India Physician Groups Market

Key Players and Competitive Insights

The competitive dynamics within the physician groups market in India are characterized by a blend of innovation, strategic partnerships, and regional expansion. Key players such as Apollo Hospitals (India), Fortis Healthcare (India), and Max Healthcare (India) are actively shaping the landscape through their operational focuses. Apollo Hospitals (India) has been emphasizing digital transformation, enhancing patient engagement through telemedicine and health tech solutions. Fortis Healthcare (India) appears to be pursuing a strategy of regional expansion, with recent investments aimed at increasing its footprint in tier-2 cities. Meanwhile, Max Healthcare (India) is concentrating on mergers and acquisitions to bolster its service offerings and market share. Collectively, these strategies indicate a competitive environment that is increasingly driven by technological advancements and a focus on patient-centric care.

In terms of business tactics, localizing services and optimizing supply chains are becoming essential for success in this moderately fragmented market. The presence of multiple players, each with unique strengths, contributes to a competitive structure where collaboration and strategic alliances are vital. This collective influence of key players fosters an environment where innovation and operational efficiency are paramount, allowing companies to differentiate themselves in a crowded marketplace.

In December 2025, Apollo Hospitals (India) announced a partnership with a leading health tech firm to enhance its telehealth services. This strategic move is likely to position Apollo as a frontrunner in digital healthcare, catering to the growing demand for remote consultations and health monitoring. The integration of advanced technology into their service model may not only improve patient outcomes but also streamline operational efficiencies.

In November 2025, Fortis Healthcare (India) unveiled plans to expand its network by acquiring a regional hospital chain in Maharashtra. This acquisition is significant as it allows Fortis to tap into new patient demographics and strengthen its market presence in a rapidly growing region. Such strategic expansions are indicative of Fortis's commitment to enhancing accessibility and quality of care across India.

In October 2025, Max Healthcare (India) completed the acquisition of a prominent diagnostic chain, thereby diversifying its service portfolio. This strategic action is expected to enhance Max's competitive edge by providing comprehensive healthcare solutions under one roof. The integration of diagnostic services with existing healthcare offerings may lead to improved patient experiences and operational synergies.

As of January 2026, the physician groups market is witnessing trends such as digitalization, sustainability, and the integration of AI technologies. These trends are reshaping the competitive landscape, with strategic alliances becoming increasingly important for driving innovation and enhancing service delivery. The shift from price-based competition to a focus on technological advancements and supply chain reliability is evident. Moving forward, companies that prioritize innovation and adaptability are likely to emerge as leaders in this evolving market.

Key Companies in the India Physician Groups Market include

Industry Developments

The India Physician Groups Market has seen significant activity recently, particularly among key players such as Wockhardt Hospitals, Manipal Hospitals, and Fortis Healthcare. In October 2023, Wockhardt Hospitals announced an expansion strategy to enhance its network across tier-2 cities, aiming to increase accessibility to quality healthcare. Manipal Hospitals has also made headlines for its investment in digital health technologies, with plans to integrate artificial intelligence into patient care. In addition, Fortis Healthcare reported a merger with a regional hospital group, aiming for enhanced operational efficiencies and broader service offerings. 

Over the last couple of years, NMC Healthcare in June 2022 expanded its footprint in India through new acquisitions, while Apollo Hospitals introduced a telemedicine platform in January 2023 to cater to the rising demand for remote healthcare services. However, the market is witnessing challenges including regulatory policies and the need for improved infrastructure. The growth of companies in this sector is impacted by the increasing focus on patient-centric care and the integration of technology, highlighting a shift in strategic priorities among leading physician groups in the country.

Future Outlook

India Physician Groups Market Future Outlook

The India physician groups market is projected to grow at a 3.6% CAGR from 2025 to 2035, driven by increasing healthcare demand, technological advancements, and policy reforms.

New opportunities lie in:

  • Expansion of telemedicine services to enhance patient access and engagement.
  • Development of specialized physician networks to cater to niche medical needs.
  • Implementation of integrated care models to improve patient outcomes and operational efficiency.

By 2035, the market is expected to be robust, reflecting sustained growth and innovation.

Market Segmentation

India Physician Groups Market Specialty Outlook

  • Cardiology
  • Orthopedics
  • Pediatrics
  • Dermatology
  • Gastroenterology

India Physician Groups Market Payment Model Outlook

  • Fee-for-Service
  • Capitation
  • Value-Based Care
  • Direct Primary Care
  • Insurance-Based

India Physician Groups Market Practice Type Outlook

  • Solo Practice
  • Group Practice
  • Hospital Affiliated
  • Multi-Specialty
  • Single-Specialty

India Physician Groups Market Patient Demographics Outlook

  • Pediatric Patients
  • Adult Patients
  • Geriatric Patients
  • Women Patients
  • Chronic Illness Patients

India Physician Groups Market Service Delivery Model Outlook

  • In-Person Consultation
  • Telemedicine
  • Home Healthcare
  • Urgent Care
  • Preventive Care

Report Scope

MARKET SIZE 20243.91(USD Billion)
MARKET SIZE 20254.07(USD Billion)
MARKET SIZE 20355.77(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)3.6% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledApollo Hospitals (IN), Fortis Healthcare (IN), Max Healthcare (IN), Manipal Hospitals (IN), Narayana Health (IN), Medanta (IN), Wockhardt Hospitals (IN), Care Hospitals (IN), KIMS Hospitals (IN), HCG Hospitals (IN)
Segments CoveredSpecialty, Practice Type, Patient Demographics, Service Delivery Model, Payment Model
Key Market OpportunitiesIntegration of telemedicine and digital health solutions in the india physician groups market.
Key Market DynamicsGrowing consolidation among physician groups enhances competitive positioning and improves patient care delivery in India.
Countries CoveredIndia
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FAQs

What is the current valuation of the India physician groups market?

As of 2024, the market valuation was 3.91 USD Billion.

What is the projected market size for the India physician groups market by 2035?

The market is projected to reach 5.77 USD Billion by 2035.

What is the expected CAGR for the India physician groups market during the forecast period 2025 - 2035?

The expected CAGR for the market during 2025 - 2035 is 3.6%.

Which segments are included in the India physician groups market by specialty?

Key specialties include Cardiology, Orthopedics, Pediatrics, Dermatology, and Gastroenterology.

What was the market size for cardiology in 2024, and what is its projected size by 2035?

The cardiology segment was valued at 0.78 USD Billion in 2024 and is expected to grow to 0.98 USD Billion by 2035.

How does the group practice segment compare to solo practice in terms of market size?

In 2024, the group practice segment was valued at 1.17 USD Billion, while solo practice was at 0.78 USD Billion.

What are the projected values for telemedicine in the India physician groups market?

Telemedicine was valued at 0.78 USD Billion in 2024 and is projected to reach 1.15 USD Billion by 2035.

What payment models are prevalent in the India physician groups market?

Prevalent payment models include Fee-for-Service, Capitation, Value-Based Care, Direct Primary Care, and Insurance-Based.

What was the market size for adult patients in 2024, and what is its expected growth by 2035?

The adult patient segment was valued at 1.56 USD Billion in 2024 and is expected to grow to 2.12 USD Billion by 2035.

Who are the key players in the India physician groups market?

Key players include Apollo Hospitals, Fortis Healthcare, Max Healthcare, Manipal Hospitals, and Narayana Health.

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