PH Diagnostics has successfully divested its operations to Vijaya Diagnostics, enhancing the latter's strategic footprint in Western India.

Information on the Target

PH Diagnostics is a distinguished provider within the Indian healthcare sector, founded by Dr. Hemant Dhoka in 2001. The company specializes in delivering a customer-oriented approach through an integrated chain of 22 diagnostic centers located across Pune, which includes three advanced radiology hub centers and three spoke centers dedicated to basic radiology services. With a focus on quality and accessibility, PH Diagnostics has established a reputation in the region for its comprehensive diagnostic offerings.

The recent acquisition by Vijaya Diagnostics marks a significant milestone for PH Diagnostics, positioning it under the umbrella of one of India’s leading diagnostic providers. This strategic move is expected to enhance operational efficiencies and broaden service capabilities within the growing healthcare market in Western India.

Industry Overview in India

The diagnostics industry in India has witnessed rapid growth over the past decade, driven by rising healthcare awareness, increasing income levels, and a growing population. The sector is characterized by a mix of organized and unorganize