AyurVAID on Wednesday announced its foray into the Ayurveda product segment with a capital outlay of Rs 15 crore, which will help the company cross Rs 500 crore revenue in the next five years.
This foray into the new vertical not only complements the inpatient-outpatient care model but also opens scalable revenue opportunities and reinforces the vision of mainstreaming evidence-based Ayurveda services and products by making it accessible globally, Apollo AyurVAID founder, MD and CEO Rajiv Vasudevan said in a statement.
Apollo AyurVAID, one of the largest Ayurvedic hospital chains in India, aims to have 1,000 beds across the country by 2028, as it sees demand for Ayurvedic treatment rising. The chain, which currently operates 12 hospitals and had 185 beds in operation by the end of FY25, handles around 40,000-42,000 patients annually. It is targeting 200,000 patients annually in the next five years, by which time the hospital chain aims to reach a *500 crore turnover.
Apollo AyurVAID, one of the largest Ayurvedic hospital chains in India, aims to have 1,000 beds across the country by 2028, as it sees demand for Ayurvedic treatment rising.
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AyurVAID, an integrative Ayurveda centre of excellence, has been set up at Apollo Hospitals’ Vanagaram campus
AyurVAID Hospitals Domlur, Bengaluru, set another historic milestone on May 20, on May 20, 2023, by becoming the 1st & only Ayurveda hospital to be accredited by the “Quality and Accreditation Institute (QAI), Centre for Accreditation of Health & Social Care” under the Transition Care Centre (TCC) Standard. QAI is India’s first and only accreditation organization to provide Transition Care Centre (TCC) certification for healthcare.
Insurance Regulatory and Development Authority of India (IRDAI) instructs insurers to provide equal coverage for AYUSH treatments. AYUSH includes Ayurveda, Yoga, Unani, Siddha, and Homeopathy therapies. Insurers must establish policies, modify products, and ensure quality standards for AYUSH coverage.
The conclave highlighted measures for positioning AYUSH products in global marketplace, demand generation and future scope. It also witnessed discussions on the role of AYUSH in achieving universal health coverage, the entrepreneurship ecosystem of the sector and modern-day perspective on AYUSH.
The Insurance Regulatory and Development Authority of India (IRDAI) asked general insurance companies to have board-approved policy guidelines for AYUSH coverage and give policyholders an option to choose a treatment of their choice. The guidelines will be effective from April 1, 2024.
The conclave highlighted measures for positioning AYUSH products in global marketplace, demand generation and future scope. It also witnessed discussions on the role of AYUSH in achieving universal health coverage, the entrepreneurship ecosystem of the sector and modern-day perspective on AYUSH.
AyurVAID on Wednesday announced its foray into the Ayurveda product segment with a capital outlay of Rs 15 crore, which will help the company cross Rs 500 crore revenue in the next five years.
This foray into the new vertical not only complements the inpatient-outpatient care model but also opens scalable revenue opportunities and reinforces the vision of mainstreaming evidence-based Ayurveda services and products by making it accessible globally, Apollo AyurVAID founder, MD and CEO Rajiv Vasudevan said in a statement.
Apollo AyurVAID, one of the largest Ayurvedic hospital chains in India, aims to have 1,000 beds across the country by 2028, as it sees demand for Ayurvedic treatment rising. The chain, which currently operates 12 hospitals and had 185 beds in operation by the end of FY25, handles around 40,000-42,000 patients annually. It is targeting 200,000 patients annually in the next five years, by which time the hospital chain aims to reach a *500 crore turnover.
Insurance Regulatory and Development Authority of India (IRDAI) instructs insurers to provide equal coverage for AYUSH treatments. AYUSH includes Ayurveda, Yoga, Unani, Siddha, and Homeopathy therapies. Insurers must establish policies, modify products, and ensure quality standards for AYUSH coverage.
The conclave highlighted measures for positioning AYUSH products in global marketplace, demand generation and future scope. It also witnessed discussions on the role of AYUSH in achieving universal health coverage, the entrepreneurship ecosystem of the sector and modern-day perspective on AYUSH.
The Insurance Regulatory and Development Authority of India (IRDAI) asked general insurance companies to have board-approved policy guidelines for AYUSH coverage and give policyholders an option to choose a treatment of their choice. The guidelines will be effective from April 1, 2024.
The conclave highlighted measures for positioning AYUSH products in global marketplace, demand generation and future scope. It also witnessed discussions on the role of AYUSH in achieving universal health coverage, the entrepreneurship ecosystem of the sector and modern-day perspective on AYUSH.
AyurVAID, an integrative Ayurveda centre of excellence, has been set up at Apollo Hospitals’ Vanagaram campus
AyurVAID Hospitals Domlur, Bengaluru, set another historic milestone on May 20, on May 20, 2023, by becoming the 1st & only Ayurveda hospital to be accredited by the “Quality and Accreditation Institute (QAI), Centre for Accreditation of Health & Social Care” under the Transition Care Centre (TCC) Standard. QAI is India’s first and only accreditation organization to provide Transition Care Centre (TCC) certification for healthcare.
Bengaluru – Domlur Bengaluru – Aster CMI, Hebbal Bengaluru – HRBR Layout Bengaluru – Sri Shankara, Basavangudi Bengaluru – Bannerghatta Road Bengaluru – ArekereDelhi – New DelhiKochi – Kadavanthara Uttarakhand-Kalmatia, AlmoraChennai – Greams Road Chennai – Vanagaram Chennai – Kotturpuram Hyderabad – Somajiguda
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