Still have plans for listing diagnostics business but not in the near term: Sriram Iyer, Apollo Health & Lifestyle

economictimes.indiatimes.com:

Sriram Iyer, CEO, Apollo Health & Lifestyle, says “more than 80% of the diagnostics market is still unorganised, less than 20% is between the national and the regional players. There is definitely headroom for growth and the prospects look brighter and the awareness is really going up. Preventive health check is becoming the key now and there is a lot of work happening in the healthcare space for consumers to become more aware.”

Given the lots of tugs and pulls and a wrestling of a larger share volume that continues to remain high, the price competition may have cooled off a tad. What is your diagnosis of the industry as a whole?
Sriram Iyer: So, as rightly said, the prospects are quite good for the industry. There are two things. Obviously, the penetration of healthcare is quite low. Diagnostic is the first point of really getting checked before you get into further treatments in healthcare.

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As all of you are aware that more than 80% of the market is still unorganised, less than 20% is between the national and the regional players. There is definitely a headroom for growth and the prospects look brighter and the awareness is really going up. Preventive health check is becoming the key now and there is a lot of work happening in the healthcare space for consumers to