Square Hospitals

What Square Hospitals does

Square Hospitals Ltd. is a privately-held, multi-specialty tertiary-care hospital network headquartered in Dhaka, Bangladesh, operating a main 700+ bed campus on West Panthapath and three satellite consultation and diagnostic centers in Gulshan, Uttara and Mirpur, plus an additional presence in Sylhet. The facility spans more than 6 lac square feet across three interconnected buildings, runs 150 consultation rooms across 44 medical departments, employs 3,000+ staff and organizes care around 32+ specialty Centers of Excellence covering cardiac, oncology, neuroscience, urology, nephrology, pediatrics and neonatology, fertility, gastroenterology, orthopedics, executive health, and other disciplines.

The hospital's technology infrastructure centers on advanced imported diagnostic and treatment equipment, including Bangladesh's first Siemens Somatom Force Dual Source Dual Energy CT scanner and a 64-channel 3T MRI, supplemented by neuro-intervention capabilities (endovascular treatment of stroke, aneurysm, AVM and DAVF), advanced cardiac surgery suites with IABP, BIS, NIRS, ECMO and HemoSphere monitoring, pediatric interventional pulmonology, and an in-house air ambulance service. Service delivery is supported by digital channels — a website, a 24-hour hotline (10616), and an online appointment booking portal — alongside physical satellite diagnostic centers that bring imaging, pathology and consultation closer to patients in Dhaka's residential catchments.

Square generates revenue primarily through direct-to-consumer healthcare delivery. Inpatient revenue comes from daily room rentals across five tiers (Ward at 6,000 Taka to Suite at 45,000 Taka) and ICU/HDU/NICU/PICU charges, while a second stream comprises fixed-price surgical packages (CABG from 399,500 Taka, Caesarean delivery from 159,500 Taka, appendicectomy from 99,500 Taka, among others). Additional revenue is earned from outpatient consultations, diagnostic and imaging services, executive health checkup packages (ranging from 4,650 Taka for a thyroid panel to 23,000 Taka for the premium female-above-40 package), and 24-hour emergency, ground ambulance and air ambulance services. Customer segments are led by general public patients, supplemented by corporate clients using pre-employment, academic and visa medical examinations, and inbound medical tourism patients; the hospital reports serving approximately 1,500 daily visitors alongside 450 inpatients.

Name

Square Hospitals

Legal name

Square Hospitals Ltd.

Website

https://squarehospital.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Square Hospitals Ltd. operates a 700+ bed multi-specialty tertiary-care hospital network in Bangladesh, anchored in Dhaka with satellite diagnostic centers in Gulshan, Uttara, Mirpur and Sylhet, serving around 1,500 daily visitors across 32+ specialty Centers of Excellence including cardiac, oncology, neuroscience, pediatric and fertility care.

Ownership category

akta.pro rank

Product category

Multi-Specialty Tertiary Care Hospital

NAICS

General Medical and Surgical Hospitals (6221), General Medical and Surgical Hospitals (622110)

SIC

Services-General Medical & Surgical Hospitals, Nec (8062), Services-Hospitals (8060)

akta.pro primary industry

Community & Regional General Hospitals (HLAFAAAB)

akta.pro secondary industries

Hospital-Based Emergency Departments (EDs) (HLAFADAA), Neurology & Neurosurgical Specialty Hospitals (HLAFAHAD)

Keywords

• Multi-specialty hospital
• Tertiary healthcare services
• Diagnostic imaging services
• Executive health checkups
• Emergency medical services

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Inpatient Hospital Services: Revenue from hospital admissions, room charges (Ward, Twin, Single Standard, Single Deluxe, Suite), ICU/CCU/NICU/PICU/CT-ICU/Neuro ICU/HDU charges. Room rates range from 6,000 Taka (Ward) to 45,000 Taka (Suite)
2. Medical Consultation Services: Outpatient consultations across 44 departments with 150 consultation rooms. 700+ inpatient beds for patient care
3. Medical Procedure Packages: Fixed-price surgical and diagnostic packages including Cardiac Surgery (CABG 399,500-540,500 Taka), General Surgery (Appendicectomy 99,500-226,500 Taka), OBS&GYN (Caesarean 159,500-280,500 Taka), Pediatric Surgery
4. Diagnostic and Imaging Services: Laboratory tests, radiology, advanced imaging (CT, MRI), pathology services
5. Executive Health Checkup Packages: Preventive health screening packages ranging from 4,650 Taka (Thyroid Panel) to 23,000 Taka (Premium Female Above 40)
6. Emergency and Ambulance Services: 24-hour emergency center, critical care ambulance, air ambulance transportation

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Square Hospitals Ltd. is a multi-specialty tertiary care hospital in Dhaka, Bangladesh, providing comprehensive inpatient and outpatient healthcare services through 33+ Centers of Excellence spanning cardiology, oncology, neurology, neurosurgery, orthopedics, pediatrics, nephrology, urology, gastroenterology, fertility, and other specialties. The facility operates 700+ inpatient beds, 150 consultation rooms, and offers advanced diagnostic imaging, surgical packages, executive health checkups, and 24-hour emergency and ambulance services to individual patients and corporate clients in Bangladesh.

Product overview

Square Hospitals Ltd is a multi-specialty hospital network in Bangladesh operating a main facility in Dhaka with satellite centres in Gulshan, Uttara, and Mirpur. The hospital offers a comprehensive portfolio organized around 33 Centres of Excellence covering specialties such as cardiology, oncology, neurology, orthopedics, pediatrics, nephrology, gastroenterology, and more. Support services include laboratory, radiology & imaging, pathology, pharmacy, blood bank, and dietary services. The hospital operates 150 consultation rooms with 700 inpatient beds and 3000+ staff. Medical packages include executive health checkups, cardiac packages, diabetic screening, pediatric surgery, OBS & GYN packages, general surgery packages, and various diagnostic screening services. Advanced diagnostic equipment includes Somatom Force Dual Source CT, 3T MRI, digital mammography, radiotherapy (Linac), and sleep lab facilities. The hospital provides digital services including online appointment booking.

Differentiator

Problem solved

Functional benefit

Brands

• Square Executive Health & Well Being Center: Executive health checkup and screening packages offering various health assessments including cardiac, diabetic, orthopedic, and general wellness screenings.

Products and services

• Square Heart Centre Cardiac care centre providing interventional cardiology and cardiac surgery services including angiography, angioplasty, pacemaker implantation, TAVI, and advanced cardiac surgery supported by IABP, BIS, NIRS, ECMO, and HemoSphere monitoring capabilities. Targets patients needing cardiac diagnostics and surgical interventions.
• Square Cancer Centre Oncology and radiotherapy centre providing cancer treatment services including Linac radiotherapy and brachytherapy for oncology patients requiring radiation therapy and cancer management.
• Square Neuroscience Centre Country's first one-stop comprehensive neuro solution providing neurology, neurosurgery, neuro-anesthesia, psychiatry, radiology (including DSE and coiling procedures), and rehabilitation. Equipped with Somatom Force Dual Source Dual Energy CT scan and 64-channel 3T MRI, and offers neuro-interventional treatment of stroke, aneurysm, AVM, and DAVF. In-house EEG, EMG, and NCV testing capability.
• Square Emergency Centre 24-hour emergency medical services with critical care ambulance, ground ambulance fleet, and air ambulance for transport of patients from any corner of Bangladesh. Provides triage, stabilization, and emergency intervention for medical, surgical, and trauma emergencies.
• Square Intensive Care Centre Critical care and intensive care unit services (ICU, CCU, NICU, PICU, CT-ICU, Neuro ICU, HDU) for critically ill patients requiring close monitoring and advanced organ support.
• Square Fertility Centre IVF and fertility treatment services for couples seeking assisted reproduction.
• Square Advanced Urology Centre Comprehensive urology care including stone surgery, pediatric urology, reconstructive urology, andrology, and kidney transplantation services.
• Square Nephrology & Dialysis Centre Kidney disease treatment and dialysis services for adult patients with renal conditions.
• Square Children Kidney & Dialysis Centre Pediatric nephrology and dialysis services for children with kidney disease.
• Square Paediatric & Neonatology Centre Pediatric and neonatal care services for infants and children, including first pediatric interventional pulmonology program in Bangladesh performing advanced bronchoscopic procedures in children and neonates.
• Square Women Centre Women's health services including obstetrics and gynecology, covering normal delivery, caesarean delivery, hysterectomy, myomectomy, ovarian cystectomy, and laparoscopic procedures.
• Square Orthopedics & Trauma Centre Orthopedic surgery and trauma care services for musculoskeletal injuries and conditions.
• Square Gastroenterology Centre Digestive system and gastroenterology treatment services including endoscopy and colonoscopy.
• Square Internal Medicine Centre General internal medicine and adult healthcare services for routine and complex medical conditions.
• Square Diabetes & Endocrinology Centre Diabetes management and endocrinology treatment services for patients with hormonal and metabolic disorders.
• Square Eye Centre Ophthalmology and eye care services for patients with vision and eye health conditions.
• Square ENT & Head Neck Surgery Centre Ear, nose, throat, and head neck surgery services for related conditions and surgical procedures.
• Square Plastic Surgery, Burn & Wound Care Centre Plastic surgery, burn treatment, and wound care services for reconstructive and trauma-related needs.
• Square Dental Care, Orthodontics & Maxillofacial Surgery Dental, orthodontic, and maxillofacial surgical services.
• Square Skin Aesthetic & Laser Centre Dermatology, aesthetic medicine, and laser treatment services for skin and cosmetic concerns.
• Square Pain Management Centre Chronic pain management and treatment services.
• Square Mind Care Centre Psychiatric and mental health services for patients with mental health conditions.
• Square Rheumatology Centre Rheumatologic disease treatment services for patients with autoimmune and joint conditions.
• Square Surgery Centre General and specialized surgical services covering a range of operative procedures.
• Square Female Surgery Centre Surgical services specialized for female patients.
• Square Child Development Centre (CDC) Specialized centre for child development and pediatric care services.
• Square Physiotherapy & Rehabilitation Centre Physical therapy and rehabilitation services for patients recovering from surgery, injury, or chronic conditions.
• Square Respiratory and Sleep Medicine Centre Respiratory and sleep disorder treatment services with dedicated sleep lab facilities.
• Square Radiology & Imaging Centre Advanced imaging services including 1.5T and 3T MRI, CT Scan, X-ray, digital mammography, and ultrasound, supporting diagnostic and interventional procedures across the hospital.
• Square Hospital Laboratory & Pathology Medicine Diagnostic laboratory and pathology testing services supporting clinical diagnosis across all specialties.
• Square Transfusion Medicine Centre Blood bank and transfusion medicine services supporting surgical and emergency care.
• Square Dietary and Patient Nutrition Centre Nutritional counseling and diet management services for inpatients and outpatients.
• Square Executive Health & Well Being Centre Executive health checkup packages and wellness programs (Basic, Moderate, Premium tiers) targeting corporate executives and individuals seeking comprehensive preventive screening including cardiac, diabetic, thyroid, liver, tumor profile, breast screening, and neonatal/child screening packages.
• Cardiology Treatment Packages Cardiac care surgical and interventional packages including angiography, angioplasty, pacemaker implantation, and TAVI procedures priced under bundled Basic, Moderate, and Premium tiers.
• OBGYN Surgery Packages Obstetrics and gynecology surgical packages including Caesarean Delivery (159,500-280,500 Taka for 3 days), Hysterectomy, Myomectomy, Ovarian Cystectomy, and Laparoscopic procedures.
• Pediatric Surgery Packages Pediatric surgical packages including circumcision, appendicectomy, hernia repair, cholecystectomy, and urethroplasty procedures.
• General Surgery Packages General surgical packages including Appendicectomy (99,500-226,500 Taka for 3 days), Hernia, Laparoscopic Cholecystectomy, and ventral hernia repair.
• Executive Health Checkup Packages Comprehensive preventive health screening packages (Basic 7,350-9,200 Taka; Premium 14,350-23,000 Taka; Premium Female Above 40 up to 23,000 Taka; Thyroid Panel from 4,650 Taka) for male/female above/below 40, covering cardiac, diabetic, thyroid, liver, tumor profile, breast screening, neonatal, and child screening packages.
• Inpatient Hospital Services (Room-based accommodation) Tiered inpatient room accommodation: Ward (6,000 Taka/day), Twin Shared (7,500 Taka/bed/day), Single Standard (12,000 Taka/day), Single Deluxe (15,000 Taka/day), and Suite (45,000 Taka/day), plus ICU/CCU (16,500 Taka/day), HDU (11,500 Taka/day), and NICU (14,000 Taka/day).
• Square Hospital Consultation and Diagnostic Centre (Gulshan) Satellite consultation and diagnostic centre in Gulshan/Banani area providing physician consultations and diagnostic services closer to the Gulshan catchment.
• Square Hospital Consultation and Diagnostic Centre (Uttara) Satellite consultation and diagnostic centre in Uttara (Plot-37, Sonargaon Janapath, Sector-7, Uttara, Dhaka 1230) providing physician consultations and diagnostic services closer to residential areas.
• Square Hospital Consultation and Diagnostic Centre (Mirpur) Satellite consultation and diagnostic centre in Mirpur (Madhuri Bhaban 3rd Floor, Holding No-2, Road No-3, Section-7, Pallabi, Mirpur-11) providing physician consultations, diagnostic services, physiotherapy, USG, X-Ray, Echo, and ECG services.
• Square Hospital Consultation and Diagnostic Centre (Sylhet) Satellite consultation and diagnostic centre in Sylhet (156, Kajalshah, MAJ Osmani Medical College Road) established in 2013, extending Square Hospitals' presence outside Dhaka.
• Pre-Employment Academic and Visa Medical Examination Medical screening packages for pre-employment, academic, and visa purposes for individuals and organizations requiring standardized medical certification.
• Cardiac Check-up Packages Cardiac screening packages in Basic, Moderate, and Premium tiers focused on heart disease detection and risk assessment.
• Diabetic Screening Packages Diabetic screening packages for male and female patients focused on diabetes detection, monitoring, and risk profiling.
• Neonatal and Child Screening SQUARE Neonatal Screening for newborns and SQUARE Child Screening (including obese child screening) for pediatric preventive health services.
• Breast Screening Packages Breast cancer screening packages in multiple tiers focused on early detection and risk assessment for women.

Quantifiable outcome

• 1500 daily visitors to 450 inpatients
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• International Medical Training Institutions (India, Singapore, USA, UK, Middle East)coreOthersRecruitment partnership for qualified medical consultants trained at renowned institutions including India, Singapore, USA, UK and quality hospitals in the Middle East. Staff including nurses and technicians trained from Bangladesh, Australia, UK, India and The Philippines.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Popular Diagnostic Centre & Hospital: Bangladesh-based hospital and diagnostic chain with multiple Dhaka locations, directly competing with Square's satellite diagnostic and consultation centers on outpatient and preventive services.
• Bangladesh Specialized Hospital: Private tertiary hospital in Dhaka offering advanced specialties including cardiac, neuro and oncology, overlapping directly with several of Square's Centers of Excellence.
• United Hospital Limited: Private multi-specialty hospital in Dhaka offering inpatient beds, advanced diagnostics, and Centers of Excellence that directly overlap with Square's service portfolio in the same catchment.
• Evercare Hospital Dhaka: One of the largest private tertiary hospitals in Dhaka with comparable bed capacity, multi-specialty depth, and internationally trained consultants. Most direct competitor in Bangladesh's premium private segment.
• Ibn Sina Hospital & Diagnostic Center: Dhaka-based private hospital and diagnostic chain competing for the same outpatient, diagnostic and mid-acuity inpatient demand with multi-location presence across Bangladesh.
• Labaid Hospital: Dhaka-focused private hospital and diagnostic group with comparable tertiary services and a multi-center footprint, competing for similar patient segments in Bangladesh.

Broad incumbents

• Bumrungrad International Hospital: Established Southeast Asian tertiary hospital benchmark for medical tourism and premium multi-specialty care. Comparable to Square's positioning around international patient services, advanced diagnostics, and specialty depth, though at a different scale and geography.
• Apollo Hospitals Enterprise: India's largest private hospital network with multi-specialty tertiary care, advanced imaging, and an international medical-tourism footprint. Comparable business model, technology tier, and specialty center structure to Square's hub-and-spoke approach.

Regional players

• Max Healthcare Institute: Premium Indian hospital network competing on advanced technology, internationally trained clinicians, and Centers of Excellence in cardiac, neuro and oncology — closely mirroring Square's positioning in a different geography.
• Fortis Healthcare: Pan-India multi-specialty hospital chain with strong cardiac, neuro and oncology focus. Operates a similar hub-and-spoke tertiary model to Square, though primarily in India rather than Bangladesh.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/squarehospital
• Xx.com/squarehospital
• LinkedInlinkedin.com/company/squarehospital

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Square Hospitals