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Thyrocare - Think Thyroid. Think Thyrocare
Thyrocare operates in the Indian diagnostic services market, which was estimated to be US$ 6.5 billion in FY15 with a continuing aggressive growth. The industry is liked to post ~17-18% CAGR over the next three years and is predicted to touch $9.8 billion by FY18E. A large part of the market is unorganized with organized players like Dr Lal Pathlabs, Thyrocare, SRL Diagnostics and Metropolis having a meagre market share - this also offers a great opportunity for these players. The future growth is expected to be propelled by these organized players with a continuous increase in their market share.
Thyrocare Technologies Limited is India's first and most advanced fully automated diagnostics laboratory with focus on preventive and wellness health offerings under the 'Aarogyam' brand. The 24x7, fully automated diagnostic laboratory set up spans across 2,00,000 sq. ft. floor space processing over 40,000 specimens and over 2,00,000 Clinical Chemistry investigations per night. This enable them to ensure a turnaround time of 4-8 hours for processing of samples that arrive at any time of the day or night. Thyrocare has presence in more than 2000 cities / towns in India and abroad.
Thyrocare aims at providing quality at affordable costs - it became one of the first Indian diagnostic laboratories to obtain internationally renowned quality accreditations like ISO 9001-2000 rating as early as 2001. This has now been escalated to ISO 9001:2008. As a validation of its quality standards, Thyrocare also received NABL (National Accreditation Board for Testing and Calibration Laboratories) certification in 2005 and CAP (College of American Pathologists) certification in 2007.
Thyrocare operates with a Centralized Processing Laboratory (CPL) in Mumbai for esoteric tests and Regional Processing Laboratory (RPLs) in major metro cities of India and other parts of Asia. The company has grown strongly in the last 5 years at a CAGR of ~25% taking the revenue to Rs. 180 Crore in FY15. Similar growth is expected in future as Thyrocare is planning expansion of its network of RPLs and PET-CT scanning centres for more penetration and easier accessibility. Thyrocare currently does more than 76 million tests annually for more than 7.5 million patients.
Thyrocare's IPO in April 2016 generated huge demand and was oversubscribed 73 times.
Many leading hospital brands in India, Middle East and South East Asian countries, use Thyrocare for delivering their diagnostic services at affordable costs with fast turnaround.
Thyrocare Coupons and Offers
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With a cut throat competition in the Indian diagnostics market, discounts and offers are the need of the hour. Thyrocare offers ample discounts on its own website as well as partner websites. Discounts as high as 65% are flashed on the main page of the website, especially on Preventive Health Checkup. Some of such discounts, that are regularly flashed and advertised include:
- 60% discount for Wellness Package C (79 Tests) Purchases
- 62.5% discount for Wellness Package B (74 Tests) Purchases
- Flat 25% discount for Specific Wellness Tests Purchases over 500
- 63% discount for Wellness Package A (71 Tests) Purchases (Toxic Elements (9), Diabetic Screen (2), Pancreas Profile (2), Liver Profile (11), Thyroid Profile (3), Cholesterol Profile (8), Iron Deficiency profile (3), Kidney Profile (5), Hemogram (28))
- Upto 40% discount for all Health Packages Purchases Site-Wide
- Flat 60% discount for Full Package Including 71 Tests Purchases
- Get a Vitamin B12 Test done for just Rs 460 at Thyrocare
The above offers are indicative in nature and might have been active at some point of time. The idea behind mentioning these discounts and offers is to show the extent to which diagnostic companies are offering discounts to attract patients in this highly competitive space of diagnostics.
All these tests are conducted at Thyrocare health care lab. Thyrocare discount on Preventive Health Check-up offers patients to go for whole body check-up at highly discounted rates. All the offers mentioned above, as well as those that will be advertised later, can be availed by making the deal active and using the relevant Thyrocare promo codes, Thyrocare voucher code and Thyrocare coupon codes – whichever may be applicable on the type of offer that needs to be availed.