Why There Is A shift towards preventive healthcare: Diagonstics?

India is one of the fastest growing laboratory diagnostics markets in the world, with an estimated market value of USD18.5 billion. Despite having lower costs than other countries, the market is extremely competitive, with over 100,000 diagnostic labs offering 4,500 tests. With a 60% market share, pathology leads the industry, while radiology makes up the remaining 40%. Radiology encompasses CT, MRI, ultrasound, and X-ray scans; pathology includes specializations including microbiology, immunology, and biochemistry. 



Labs have effectively created effective sample collection techniques in remote locations as well to handle the large geographic expanse; the Feasibility Study for Diagnostic Center in India is completed. Notwithstanding its low cost, the industry makes a substantial contribution by providing contemporary diagnostics to a large number of individuals.

In India, diagnostics is the cornerstone of preventative healthcare, and obtaining the data from market research is crucial. Young people who are more likely to develop lifestyle diseases require early detection. Therefore, demand in the diagnosis sector is rising. The government's initiatives, like as Ayushman Bharat and NHM, are assisting in the development of the nation's preventative care infrastructure. 

Improved results from early identification include higher cancer survival rates and decreased risk of heart attacks. Early intervention, for example, lowers the risk of heart attacks by eighty percent. Additionally, it saves money on pricey surgeries. According to a WHO analysis, Market Research for Healthcare Sector states that spending $1 on preventative healthcare can save up to $3 on treatment expenditures. Patients can take charge of their own health by embracing early intervention and letting go of their ignorance regarding health issues.

This is the time to contact India Watch for getting the best and expertise advice on Healthcare Market Research Service and Advisory Services. So, hurry up!!!
Location: India

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