Molecular Biology Diagnostics Booming in India

Press release   •   Mar 30, 2012 13:15 IST

In the Indian diagnostics industry, molecular diagnostics are one of the fastest growing segments as they can decipher characteristics and biomarkers at molecular level and reveal great deal of intracellular properties. According to a new research report by RNCOS, molecular diagnostics are especially growing in their diagnostic ability in the infectious and genetic disease segments. From automated analyzers, PCRs, to special reagents, they comprise several sophisticated equipment and reagents. It is anticipated that the Indian molecular diagnostics segment will experience a robust CAGR of around 15% during 2012-2015.

The 125-page comprehensive study, entitled, “Indian Diagnostic Market Outlook to 2015”, the Indian diagnostics market is expected to show promising growth on account of rising epidemiological conditions and growing healthcare spending. Technological advancements are growing at a rapid pace and these are expected to further revolutionize. In India, the diagnostics sector, which is largely dependent on imports, is segmented into instruments, reagents, and services. The service segment is largely unorganized, with a large number of players located at the regional or city level. A clear and structured format is being established to have better regulations and for the proper definition of the market. As per the research report, pathology-related lab services account for the majority share in the laboratory services market.

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 to portray the competitive landscape.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM373.htm

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