Diagnostics is one of the most coveted branches of healthcare as it helps the professionals to provide an accurate diagnosis of a patient. Based on this diagnosis, the doctor can provide the most suitable treatment without any scope of doubt. Rising disease prevalence and an equally prominent rise in the health consciousness of the Indian population have resulted into the growth of the Indian diagnostics market during the past few years. While majority of the development has taken place in the metropolitan and tier-I cities, a lot of potential has been shown by the tier-II and tier-III markets as well. Due to the aforementioned reasons, Indian diagnostics market is expected to grow at an unmatched CAGR of 22% during 2010-2012, as per our new report, “Indian Diagnostic Market Analysis”.
Through in-depth and prudent analysis of the market, we have found that even though the industry is dominated by private players, the expansion into semi-urban and rural areas is inevitable. With the increasing involvement of the organized sector, these regions will witness increased penetration in the coming years.
Our report also depicts that, the most important segment in the diagnostics market is Point of Care (POC), and this will further help the market burgeon in a major way. Additionally, the hematology and biochemical tests are centers of attractions in the Indian diagnostics market. Besides, tests based on microbiology and immunology are highly precise in projecting the underlying condition of the patient. All the diagnostic tests are based on advanced technologies, which provide quick results to the health professionals.
The report “Indian Diagnostic Market Analysis” also comprises a competitive segment, which covers the business details of various key players currently dominating the market in the country. Additionally, the report has explained the regulatory environment, and the prevailing trends in the field. The research work done in the report will help consultants, industry analysts, and vendors to get an in-depth knowledge of the current, past, and future performance of the concerned industry.
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