Cardiology, oncology, neurology, gastroenterology, and orthopaedics were responsible for more than half of the revenue generated by private hospitals in the National Capital Region (NCR) in FY25, as per a report by BNP Paribas Research. The report focused on private hospitals in the NCR, analyzing their performance across different specialties and factors influencing their success.
Between FY22 and FY25, these specialties experienced revenue growth rates ranging from 8% to 33% annually. The report emphasized the significance of the CONGO mix (cardiology, oncology, neurology, gastroenterology, and orthopaedics) in contributing to the revenue, surpassing 50% for listed hospitals in FY25.
NCR emerged as a key market for listed hospitals in India, attributed to the region’s high bed capacity and revenue exposure. Notably, around 43% of the upcoming bed capacity for the top 13 listed hospitals is planned for North India, particularly in the NCR region.
Market dynamics in Delhi, Gurgaon, and Noida are influenced by factors such as the government’s healthcare infrastructure, treatment availability, and patient mobility patterns. The report highlighted the unique market leaders in each area, anticipating potential disruptions in Gurgaon due to new entrants and identifying Noida as a promising market for patient influx from Uttar Pradesh.
Delhi stood out as a crucial healthcare hub, attracting patients not only from neighboring states like Uttar Pradesh, Haryana, and Rajasthan but also from other parts of India. South Delhi was recognized as the most developed micro-market within the city, hosting numerous healthcare institutions, while North Delhi, despite its larger size, had relatively lower market penetration.
The healthcare market in the NCR has been expanding geographically, with the addition of new hospitals in areas like Faridabad and Manesar, further enhancing the region’s healthcare landscape.
