Company lists
The India edition · 2026

Hospital equipmentcompanies in India

Hospital infrastructure, infection control, critical care, medical devices, hospital tech and more: the companies building hospital equipment in India, with their founders, funding, team size and business models.

109 company profiles41 with reported revenue12 with recorded fundingOctober 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent hospital equipment business events in India

Funding, M&A, contract wins and launches involving 136 hospital equipment companies in India, last 24 months: 1 funding round. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Aug 2025.

FundingSeed

Cureous labs

Cureous Labs, an innovative medical technology startup focussed on improving patient care and nursing efficiency, has raised Rs 1.66 crore in a seed funding round led by Inflection Point…

Medical technology

Hospital equipment companies in India, by revenue

Browse hospital equipment companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 41 companies below are the largest by their most recent reported revenue among 41 hospital equipment companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 41

Manufacturer of anesthesia and hospital equipment

Hospital equipment
₹162.57 crFY 2024-25
+12%2024–2025
345-1% 12 mo to Jul 2024LinkedIn · Jul 2026
44 yr1982
0none in 3 months · last posted Dec 2024

Pharmaceutical company specializing in IV fluids

Hospital equipment
₹133.85 crFY 2021-22
Not reported
—Not available
62 yr1964
—No postings tracked

UV air & water purification systems

Hospital equipment
₹112.41 crFY 2024-25
+16%2024–2025
416+2% 12 mo to Sep 2024recorded Sep 2024
22 yr2004
0none in 3 months · last posted Jul 2026

High-end tech based medical devices for infant healthcare

Hospital equipment
₹78.91 crFY 2024-25
+8%2024–2025
318LinkedIn · Jul 2026
39 yr1987
1postings · last posted Sep 2026

Manufacturer of suite of hospital equipment

Hospital equipment
₹50.84 crFY 2021-22
Not reported
102LinkedIn · Jul 2026
31 yr1995
—No postings tracked

Physiological monitoring systems

Diversified medical devices
₹48.84 crFY 2024-25
+30%2024–2025
—Not available
23 yr2003
6postings · last posted Sep 2026

Developer of medical devices for critical care, obstetrics, and neonatology

Hospital equipment
₹33.05 crFY 2024-25
+76%2024–2025
84+10% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months · last posted Mar 2026

Medical equipment manufacturer

Home furnishing products
₹29.20 crFY 2024-25
-39%2024–2025
63LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Manufacturer of PSA oxygen generators and related medical equipment

Hospital equipment
₹29.09 crFY 2024-25
-5%2024–2025
155+8% 12 mo to Aug 2023LinkedIn · Jul 2026
16 yr2010
1postings · last posted Aug 2026

Range of products for UV disinfection

Hospital equipment
₹18.41 crFY 2024-25
+40%2024–2025
54-14% 12 mo to Sep 2024LinkedIn · Jul 2026
30 yr1996
0none in 3 months · last posted Jun 2026

Manufacturer of surgical consumables and imaging instruments

Hospital equipment
₹18.26 crFY 2024-25
-7%2024–2025
—Not available
12 yr2014
0none in 3 months

Developer of smart ventilators for respiratory care

Hospital equipment
₹15.23 crFY 2024-25
+61%2024–2025
79-20% 12 mo to Aug 2024LinkedIn · Jul 2026
9 yr2017
1postings · last posted Sep 2026

Developer of neonatal medical devices for hospitals

Hospital equipment
₹13.55 crFY 2024-25
+80%2024–2025
15-27% 12 mo to Sep 2024LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Provider of hospital infrastructural products

Hospital equipment
₹10.42 crFY 2021-22
Not reported
8LinkedIn · Jul 2026
9 yr2017
0none in 3 months · last posted Jun 2026

Manufacturer of ophthalmological equipment

Hospital equipment
₹7.56 crFY 2021-22
Not reported
—Not available
27 yr1999
—No postings tracked

Manufacturer and Exporter of Infusion pumps

Hospital equipment
₹7.59 crFY 2024-25
+22%2024–2025
22-6% 12 mo to Sep 2024LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Developer of aportfolio of patient beds, hospitals furniture and accessories

Hospital equipment
₹6.15 crFY 2021-22
Not reported
—Not available
15 yr2011
0none in 3 months

Manufacturer of medical equipment, operation facilities, and hospital furniture

Hospital equipment
₹6.60 crFY 2024-25
+8%2024–2025
21+15% 12 mo to Sep 2024LinkedIn · Jul 2026
28 yr1998
0none in 3 months · last posted Mar 2026

Provider of designing and developing embedded-based solutions for the healthcare and manufacturing industries

Hospital equipment
₹5.23 crFY 2024-25
-6%2024–2025
12+5% 12 mo to Feb 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Provider of software solutions for remote consultations between surgeons and specialists

Hospital equipment
₹4.82 crFY 2024-25
-73%2024–2025
6LinkedIn · Jul 2026
6 yr2020
0none in 3 months · last posted Mar 2026

Manufacturer of various hospital equipment and furnitures

Hospital equipment
₹4.07 crFY 2021-22
Not reported
—Not available
42 yr1984
—No postings tracked

Manufacturer of medical equipment for hospitals

Hospital equipment
₹3.53 crFY 2021-22
Not reported
5LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Manufacturer of medical devices for infusion therapy, monitoring, and radiology

Hospital equipment
₹3.87 crFY 2024-25
+117%2024–2025
137+7% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Provider of air disinfection systems for hospitals and healthcare institutions

Hospital equipment
₹2.96 crFY 2021-22
+8451%2021–2022
2LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Manufacturer of oxygen generator

Hospital equipment
₹2.52 crFY 2024-25
+41%2024–2025
24LinkedIn · Jul 2026
9 yr2017
0none in 3 months
41 of 109 companies shown here · the full list is on Radar
Fliar Radar

Explore all 109 hospital equipment companies in India on Radar

This page shows the top 41. Radar has the complete, filterable list with contacts and live company signals.

Open hospital equipment in India on Radar
  • Every company, not just 50All 109 hospital equipment companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore hospital equipment companies in India by what you are looking for

Find hospital equipment manufacturers in India, from hospital beds and furniture to ventilators and operating room equipment. Browse medical equipment companies in India by type and see hospital equipment startups.

7 ways to explore hospital equipment in India

Hospital furniture, beds & infrastructure equipmentInfection control, sanitization & air purificationCritical care, ventilators & oxygen equipmentMedical devices & surgical instrumentsHospital technology & monitoring systemsHospital equipment startups in India

Hospital furniture, beds & infrastructure equipment

Manufacturers of hospital beds, furniture and operating room equipment.

  1. Allied Medical

    Manufacturer of anesthesia and hospital equipment

    Hospital equipment
    See in list
  2. Clarity Medical

    Physiological monitoring systems

    Diversified medical devices
    See in list
  3. Carevel Medical Systems

    Medical equipment manufacturer

    Home furnishing products
    See in list
  4. Absstem

    Manufacturer and supplier of medical oxygen generator

    Hospital equipment
    Website
  5. Inorbvict

    Manufacturer of surgical consumables and imaging instruments

    Hospital equipment
    See in list

Infection control, sanitization & air purification

UV disinfection, air sanitization and decontamination solutions for hospitals.

  1. Alfaa UV

    UV air & water purification systems

    Hospital equipment
    See in list
  2. Arklite speciality lamps

    Range of products for UV disinfection

    Hospital equipment
    See in list
  3. Strl Bio

    Provider of air disinfection systems for hospitals and healthcare institutions

    Hospital equipment
    See in list
  4. Hitech Ultraviolet

    Manufacturer of Ultraviolet-based sterilisation equipments for air, water and surface

    Life sciences platforms and tools
    See in list
  5. Zielteq

    Provider of UVC based sterilization systems for healthcare, food processing, pharmaceuticals, hotels, and public spaces

    Hospital equipment
    See in list

Critical care, ventilators & oxygen equipment

ICU ventilators, oxygen generators, infusion systems and neonatal care devices.

  1. Shree Krishnakeshav Laboratories

    Pharmaceutical company specializing in IV fluids

    Hospital equipment
    See in list
  2. Phoenix Medical Systems

    High-end tech based medical devices for infant healthcare

    Hospital equipment
    See in list
  3. Noccarc

    Developer of smart ventilators for respiratory care

    Hospital equipment
    See in list
  4. VNG Medical Innovation System

    Developer of neonatal medical devices for hospitals

    Hospital equipment
    See in list
  5. Plenum Tech

    Manufacturer and Exporter of Infusion pumps

    Hospital equipment
    See in list
27 companies in India

Medical devices & surgical instruments

Makers of surgical instruments, therapeutic devices and other medical equipment.

  1. Clarity Medical

    Physiological monitoring systems

    Diversified medical devices
    See in list
  2. Hitech Ultraviolet

    Manufacturer of Ultraviolet-based sterilisation equipments for air, water and surface

    Life sciences platforms and tools
    See in list
  3. OneBreath

    Developer of portable mechanical ventilators for intensive care patients

    Pulmonology
    Website
  4. Aspire

    Developer of surgical instruments and hospital equipment

    Hospital equipment
    See in list
  5. Airbex Systems

    Leading manufacturer of Hospital & Pharma clean room equipment.

    Hospital equipment
    Website

Hospital technology & monitoring systems

Software, monitoring and communication systems used in hospitals.

  1. InnAccel

    Developer of medical devices for critical care, obstetrics, and neonatology

    Hospital equipment
    See in list
  2. FORBIX SEMICON

    Manufacturer of multiple alarm systems

    Security & surveillance technology
    Website
  3. Iatronix Technologies

    Provider of VR-based electronic hardware for healthcare

    Healthcare it
    Website
  4. ProScreen

    Provider of software solutions for remote consultations between surgeons and specialists

    Hospital equipment
    See in list
  5. ShiUV

    Provider of sanitization products for workplaces

    Employee health it
    See in list

Hospital equipment startups in India

Newer hospital equipment makers in India founded in recent years.

  1. VNG Medical Innovation System

    Developer of neonatal medical devices for hospitals

    Hospital equipment
    See in list
  2. Zielteq

    Provider of UVC based sterilization systems for healthcare, food processing, pharmaceuticals, hotels, and public spaces

    Hospital equipment
    See in list
  3. Aspire

    Developer of surgical instruments and hospital equipment

    Hospital equipment
    See in list
  4. Edith HealthCare

    Provider of isolation beds and related services for healthcare facilities

    Hospital equipment
    Website
  5. Bhs

    Provider of disinfectant robots for healthcare

    Hospital equipment
    Website
17 companies in India

Hospital equipment companies hiring in India

Hospital equipment firms in India with open jobs right now.

  1. Allied Medical

    Manufacturer of anesthesia and hospital equipment

    Hospital equipment
    See in list
  2. Alfaa UV

    UV air & water purification systems

    Hospital equipment
    See in list
  3. Phoenix Medical Systems

    High-end tech based medical devices for infant healthcare

    Hospital equipment
    See in list
  4. Clarity Medical

    Physiological monitoring systems

    Diversified medical devices
    See in list
  5. InnAccel

    Developer of medical devices for critical care, obstetrics, and neonatology

    Hospital equipment
    See in list
17 companies in India
Mobile reach

Top 3 hospital equipment apps from India

The most-installed Android apps published by hospital equipment companies headquartered in India — 675 installs between them. 3 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 3
1

HorizonView RMS

by Noccarc

Installs373
Rating—
Last updatedJan 2026
View on Google Play ↗
HorizonView RMS screenshot 1HorizonView RMS screenshot 2HorizonView RMS screenshot 3HorizonView RMS screenshot 4HorizonView RMS screenshot 5HorizonView RMS screenshot 6
2

Accuflow Uro

by vTitan

Installs256
Rating—
Last updatedFeb 2026
View on Google Play ↗
Accuflow Uro screenshot 1Accuflow Uro screenshot 2Accuflow Uro screenshot 3Accuflow Uro screenshot 4Accuflow Uro screenshot 5Accuflow Uro screenshot 6
3

Fetal Lite - Doctor App

by InnAccel

Installs46
Rating—
Last updatedJul 2024
View on Google Play ↗
Fetal Lite - Doctor App screenshot 1Fetal Lite - Doctor App screenshot 2Fetal Lite - Doctor App screenshot 3Fetal Lite - Doctor App screenshot 4Fetal Lite - Doctor App screenshot 5
The business behind the activity

Hospital equipment financials in India

Revenue, profit and growth from the filed annual accounts of 36 hospital equipment companies in India for FY24-25 — 52 of the 109 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 66% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹732.28 cr

36 companies filing accounts

combined net profit₹40.44 cr

5.5% aggregate margin

are profitable61%

22 of 36 companies

median revenue~₹4.1 cr

the typical company

median revenue growth+16%

into FY24-25

earned by the top five66%

revenue concentration

Six-year view

Combined revenue of filing companies

₹316.42 crFY19-2031 filers
₹508.83 crFY20-2133 filers
₹944.26 crFY21-2238 filers
₹641.47 crFY22-2338 filers
₹634.46 crFY23-2436 filers
₹732.28 crFY24-2536 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 32 companies over three years

+14%
FY22-23₹639.89 cr₹27.74 cr net
FY23-24₹633.58 cr₹24.08 cr net
FY24-25₹731.55 cr₹40.68 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr1225% profitable
₹1–10 cr1275% profitable
₹10–100 cr1080% profitable
₹100–1,000 cr2100% profitable
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking13
0–20%6
20–50%6
50–100%2
Doubled+7

34 companies with accounts for both years; median growth +16%.

Profitability

Profit is concentrated at the top

22profitable
14loss-making
5.5%aggregate margin
0.8%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Healthcare ScientificPRO HEALTHCARE SCIENTIFIC PRIVATE LIMITED+986%₹74.94 cr
InnAccelINNACCEL TECHNOLOGIES PRIVATE LIMITED+76%₹33.05 cr
NoccarcNOCCARC ROBOTICS PRIVATE LIMITED+61%₹15.23 cr
Arklite speciality lampsArklite Speciality Lamps Private Limited+40%₹18.41 cr
Clarity MedicalCLARITY MEDICAL PRIVATE LIMITED+30%₹48.84 cr
Alfaa UVACE HYGIENE PRODUCTS PRIVATE LIMITED+16%₹112.42 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Alfaa UVACE HYGIENE PRODUCTS PRIVATE LIMITED25.4%₹112.42 cr
Clarity MedicalCLARITY MEDICAL PRIVATE LIMITED12.6%₹48.84 cr
Allied MedicalALLIED MEDICAL LIMITED10.9%₹157.41 cr
Inorbvict Healthcare, InorbvictINORBVICT HEALTHCARE INDIA PRIVATE LIMITED10.4%₹18.26 cr
Phoenix Medical SystemsPHOENIX MEDICAL SYSTEMS PRIVATE LIMITED9.7%₹78.91 cr
Arklite speciality lampsArklite Speciality Lamps Private Limited7.3%₹18.41 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Hospital equipment31₹651.27 cr~₹4.3 cr61%5.3%
Leaders

Largest hospital equipment companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Allied MedicalALLIED MEDICAL LIMITED₹157.41 cr₹17.13 cr10.9%+13%
Alfaa UVACE HYGIENE PRODUCTS PRIVATE LIMITED₹112.42 cr₹28.57 cr25.4%+16%
Phoenix Medical SystemsPHOENIX MEDICAL SYSTEMS PRIVATE LIMITED₹78.91 cr₹7.62 cr9.7%+8%
Healthcare ScientificPRO HEALTHCARE SCIENTIFIC PRIVATE LIMITED₹74.94 cr₹3.12 cr4.2%>10×
STAANSTAAN BIOMED ENGINEERING PRIVATE LIMITED₹63.24 cr₹1.40 cr2.2%-22%
Clarity MedicalCLARITY MEDICAL PRIVATE LIMITED₹48.84 cr₹6.17 cr12.6%+30%
InnAccelINNACCEL TECHNOLOGIES PRIVATE LIMITED₹33.05 cr−₹2.66 cr-8.0%+76%
Carevel Medical SystemsCAREVEL MEDICAL SYSTEMS PRIVATE LIMITED.₹29.20 cr₹1.67 lakh0.1%-39%
Airox TechnologiesAirox Technologies Limited₹29.09 cr₹8.90 lakh0.3%-5%
Arklite speciality lampsArklite Speciality Lamps Private Limited₹18.41 cr₹1.34 cr7.3%+40%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full hospital equipment landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the hospital equipment landscape of India
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Hospital equipment funding and M&A across India

48 recorded equity rounds have gone to 136 hospital equipment companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months0

US$0k

equity rounds, last 24 months3

US$420k

raised over five yearsUS$6.63m

17 rounds in India

M&A deals, India0

last 24 months

Capital by year

Equity funding into hospital equipment in India

amount rounds
$10m20184
$2.2m20193
$4.2m20206
$2.1m20215
$1.2m20226
$2.0m20231
$944k20243
$391k20252

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2018, with US$10.49m across 4 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$984k3 rounds · median US$492k
SeedUS$5.37m13 rounds · median US$195k
Series AUS$274k1 rounds · median US$274k
Where the money went · five years

Most-funded sub-sectors

Hospital equipmentUS$6.63m17 rounds · 8 companies
Corporate activity · last 24 months

M&A in India

Most active acquirers

    Most acquired or merged

      Each deal appears in the events strip at the top of the page.

      Hospital equipment funding in India

      12 hospital equipment companies in India have recorded equity funding, US$32.06m in total. Totals and round dates describe the historical record; they are not current valuations.

      Founders and momentum in India

      Meet the people behind hospital equipment companies in India. 80 of 109 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

      Keep exploring hospital equipment in India and nearby markets.

      Coming soon