The Indian Diagnostics Industry is growing robustly and has shown promising developments in recent times. Factors such as rising in healthcare spending and growing disease prevalence are prime to this industry. Promising advancement in the medical technology has been seen in the recent times, and higher developments in standardization of regulation and accreditation has also attracted several foreign players towards the Indian medical equipment market further segmenting growth prospects. IVD equipment has also shown increase in technological advancements due to wide applications in key disease diagnosis, and fields of medicine. Imaging techniques too are becoming more technically advanced and are being adopted in wide applications.
The 125-page comprehensive study, entitled, “Indian Diagnostic Market Outlook to 2015”, describes Indian diagnostics market to be comprised of instruments, reagents, and services and the products in the market to be largely driven by imports. While the instruments and reagents market is organized, the service segment is largely unstructured, with a large number of players located at the regional or city level. The molecular diagnostics segment is one of the fastest growing segments driven by growth in biomarker identification and profound application in the identification of infectious and genetic diseases.
The report provides an in-depth research and rational analysis of the current and expected status of the diagnostics market in India. It includes an analysis on the prevailing market trends, and presents forecasts for the equipment and services market. It discusses various market segments in the Diagnostic Equipment Industry, and looks into regulatory environment to provide a comprehensive understanding on various licenses and governing issues involved. The extensive research also elaborates profiles of key players in the industry and portrayed their competitive landscape.
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