Healthcare companies in Chennai play a vital role in providing quality medical services to the city’s residents and beyond. Chennai is home to numerous healthcare institutions, including hospitals, clinics and research centres, making it a hub for medical excellence in South India. The presence of these healthcare giants has a significant impact on the real estate market. The demand for residential properties near healthcare facilities has increased and real estate development has expanded to accommodate the needs of medical professionals and patients. Explore the dynamic relationship between real estate and the top Healthcare companies in Chennai through this list.
See also: Healthcare companies in India
Business landscape in Chennai
Chennai is a major hub for various industries, including information technology, automobile manufacturing, healthcare, and finance. The city’s strategic location along the Bay of Bengal has also made it a key player in trade and commerce. Chennai’s well-developed infrastructure, educational institutions, and skilled workforce have attracted both domestic and international businesses.
Read also: Top biotech companies in Chennai
Top healthcare companies in Chennai
Philips
Industry: Hospitals, Healthcare
Sub-Industry: Medical Equipments, Healthcare, Surgical Products
Company Type: SMEs
Location: Greams Road, Chennai, Tamil Nadu- 600006
Founding Year: 1891
Philips is a globally renowned Dutch multinational company founded in 1891. Philips has diversified its operations into various sectors, including healthcare, consumer electronics, and lighting solutions. In the healthcare sector, Philips is a leader in diagnostic imaging, patient monitoring, and healthcare informatics. The company manufactures medical devices, equipment, and solutions that are used in hospitals, clinics, and other healthcare settings worldwide.
Optum
Industry: Hospitals, Healthcare
Sub-Industry: Healthcare Services
Company Type: MNC
Location: Guindy, Chennai, Tamil Nadu 600032
Founding Year: 2011
Optum is a prominent American healthcare services and technology company that is part of UnitedHealth Group. Optum focuses on delivering innovative healthcare solutions, services, and technologies. It provides a wide range of healthcare services, including health management, pharmacy care services, healthcare operations, and care delivery. Optum leverages advanced healthcare technologies to develop data analytics, population health management tools, and electronic health record (EHR) systems.
Omega Healthcare
Industry: ITES – BPO, KPO, LPO, MT
Sub-Industry: BPO, KPO, Call Centre
Company Type: Industry Top
Location: Kandhanchavadi, Chennai – 600096
Founding Year: 2004
Omega Healthcare is a leading healthcare services outsourcing company that specialises in providing revenue cycle management (RCM) and healthcare business process outsourcing (BPO) solutions. Founded in 2004, the company specialises in RCM services, medical coding and billing, Accounts Receivable Management, Health Information Management (HIM), Analytics and Reporting and many more.
Access Healthcare
Industry: ITES – BPO, KPO, LPO, MT
Sub-Industry: Medical Transcription
Company Type: MNC
Location: Ambattur Industrial Estate, Chennai – 600058
Founding Year: 2011
Access Healthcare is a healthcare services outsourcing company founded in 2011. It specialises in providing end-to-end revenue cycle management (RCM) and healthcare business process outsourcing (BPO) solutions. The company caters to a diverse range of healthcare organisations, including hospitals, physician practices, ambulatory surgery centres, and medical billing companies.
Abbott
Industry: Pharmaceuticals, Labs
Sub-Industry: Pharmaceuticals
Company Type: India’s Top 500
Location: Greams Lane, Greams Road-600006.
Founding Year: 1888
Abbott is a global healthcare company with a rich history dating back to 1888. Headquartered in Chicago, Illinois, Abbott operates in various segments of the healthcare industry, including diagnostics, medical devices, nutrition, and pharmaceuticals. Its diagnostic portfolio spans areas such as infectious diseases, cardiovascular diseases, diabetes, oncology, and more.
GE HealthCare
Industry: Hospitals, Healthcare
Sub-Industry: Medical Equipments, Healthcare, Surgical Products
Company Type: MNC
Location: Gandhi Nagar, Chennai, Tamil Nadu 600032
Founding Year: 1990
GE Healthcare, a subsidiary of General Electric (GE), is a leading global provider of medical technologies, diagnostic imaging, and healthcare solutions. They offer a wide range of diagnostic imaging technologies, including magnetic resonance imaging (MRI), computed tomography (CT), X-ray, ultrasound, and molecular imaging. These technologies aid healthcare professionals in diagnosing and monitoring various medical conditions.
Apollo Hospitals
Industry: Hospitals, Healthcare
Sub-Industry: Hospitals, Clinics
Company Type: India’s Top 500
Location: Raja Annamalaipuram, Chennai – 600 028
Founding Year: 1983
Apollo Hospitals is a renowned healthcare provider based in India founded in 1983 by Dr. Prathap C. Reddy. It has since grown into a network of hospitals, clinics, pharmacies, and diagnostic centres across India and several other countries. It offers a wide range of medical services, including cardiology, oncology, neurology, orthopaedics, organ transplants, and more.
4D Global Medical Billing Services
Industry: Hospitals, Healthcare
Sub-Industry: Healthcare Services
Company Type: MNC
Location: Ekkatuthangal, Chennai, Tamil Nadu 600032
Founding Year: 2015
4D Global is a Healthcare organisation headquartered in Scottsdale, Arizona. Established in 2015, it specialises in providing customised healthcare solutions for medical providers and healthcare establishments in the US. Their services include medical billing, coding, and revenue cycle management. 4D Global helps clients reduce operating costs, increase cash flow, and enhance productivity, particularly in areas like behavioural health, internal medicine, radiology, dermatology, home health, urgent care, and cardiology.
Cloudnine Hospital
Industry: Hospitals, Healthcare
Sub-Industry: Hospitals, Clinics
Company Type: SMEs
Location: T. Nagar, Chennai / Tamil Nadu – 600017
Founding Year: 2007
Cloudnine Hospitals is a renowned healthcare company in India that specialises in maternity, gynaecology, neonatal, and paediatric care. It offers a range of services that cover prenatal care, childbirth, postnatal care, gynaecology, neonatology, and paediatrics. The hospital offers specialised gynaecological services, including preventive care, fertility treatments, gynaecological surgeries, and management of various women’s health issues.
Providence India
Industry: Hospitals, Healthcare
Sub Industry: Healthcare Services
Company Type: Industry Top
Location: T. Nagar, Chennai, Tamil Nadu 600017
Founding Year: 2020
Providence India is part of the Providence healthcare network, which has a strong presence in the United States and is dedicated to providing compassionate and high-quality healthcare services. It offers a range of healthcare services encompassing various medical specialities and healthcare facilities. This includes hospitals, clinics, and healthcare programs aimed at addressing the diverse healthcare needs of the Indian population.
Commercial real estate demand in Chennai
Office spaces: Chennai has witnessed a growing demand for office spaces, particularly in areas like OMR (Old Mahabalipuram Road), Guindy, and the city centre. IT and software companies, as well as corporate firms and healthcare spaces, seek modern office facilities, leading to increased construction of commercial buildings.
Rental properties: Young professionals and students often seek affordable rental accommodations. Residential complexes, apartments, and shared housing options are in demand, especially in neighbourhoods near IT parks and educational institutions.
The increased demand for commercial real estate has positively impacted Chennai’s economy. It has led to job creation, growth in the construction sector, and improved infrastructure development.
Impact of healthcare companies in Chennai
Healthcare companies in Chennai have had a significant impact on the city’s overall well-being. With a well-established healthcare infrastructure and world-class hospitals, Chennai has become a medical hub, attracting patients not only from India but also from abroad. The presence of these healthcare giants has led to advancements in medical research and technology, benefiting patients and the medical community alike. Overall, healthcare companies have improved the quality of life for Chennai residents and also contributed significantly to the city’s economic growth.
FAQs
What do Healthcare companies do?
Healthcare companies provide a wide range of medical services, including hospitals, clinics, pharmaceuticals, medical equipment, and research and development to improve healthcare and treat patients' illnesses and medical conditions.
Which are the best healthcare companies in Chennai?
The top Healthcare companies in Chennai are: Philips Optum Omega Healthcare Access Healthcare Abbott
How many healthcare companies are there in Chennai?
There are around 266 healthcare companies in Chennai.
Why is Chennai a medical hub?
Chennai and India, as a whole, are emerging as medical destinations for global patients due to their top-notch healthcare facilities, which offer significant cost advantages compared to the Western countries.
Which city in India is best for healthcare?
Chennai, often called the Health Capital of India, is highly advanced in modern medical services, attracting patients from across the country for diverse treatments.
What is the GDP contribution of the healthcare sector?
The healthcare sector's budgeted expenditure in India increased to 2.1% of GDP in FY23, up from 1.6% in FY21, according to the Economic Survey 2022-23.
What is the GDP contribution of Chennai?
Chennai, known as a manufacturing hub, has a GDP of $78.6 billion. The city's growing IT and healthcare sector has diversified its economy, leading to sustained growth.
Is it a good time to buy a house in Chennai?
The Central Government's plan to construct houses and develop smart cities, in addition to the Smart City project, is expected to stimulate economic growth. This may lead to future price increases, making it an opportune time to invest in real estate.
Which area is best to buy property in Chennai?
Investing in Chennai's popular neighbourhoods like Velachery, OMR (Old Mahabalipuram Road), Tambaram, Porur, and Sholinganallur is a wise choice. These areas offer excellent infrastructure, close proximity to schools, hospitals, shopping centres, and a robust rental market.
Which is the fastest developing area in Chennai?
Tambaram, the oldest city in Chennai, is also one of its fastest-growing areas. Its popularity is due to its proximity to the Chennai International Airport and its convenient location, being approximately 12 kilometres away from OMR by road.
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