Get The Insights Of Diagnostics Segment Of India

 The health care industry in India is expanding quickly. The market has doubled in size to USD 467.5 billion in four years, with a compound annual growth rate of 14.5%, according to the Market Research and Feasibility Study for the Healthcare Sector. The increase in both governmental and private spending is the main cause of this expansion. For 2024–2025, the government will fund health care to the tune of USD 10.93 billion. 


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.

How Can India Watch Help In The Business Of Diagnostic Centre? 

Leading market research and business consulting firm, The India Watch, is knowledgeable about How To Prepare A Feasibility Study For Healthcare Business In India. It provides specialized research services to corporations, business houses, investment houses, and entrepreneurs, among others. We can help you with specialized healthcare market research services and consultancy services if you are an investor or business owner seeking to enter and/or expand in the diagnostics and other auxiliary healthcare vertical. 

So, call India Watch today. Hurry up and take your business to the new heights. 
Location: India

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