Indian Diagnostic Opportunities 2018
Modern
life is beset with health issues, which have increased manifold due to
contemporary lifestyles. Therefore, healthcare has become a crucial aspect of
our life.
To
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The
healthcare industry has been forced to come up with new procedures and cures,
and effective diagnosis has become the first step towards treatment.
The
global healthcare industry generated revenues of USD 6 trillion in 2011. And
the diagnostic segment has grown in leaps and bounds. This crucial segment is
subdivided into two broad categories - in-vitro diagnostics and imaging
diagnostics. The global in-vitro market generated revenues of USD 52.04 billion
in 2012. This is estimated to reach USD 87 billion by 2018. The global imaging
market generated revenues of USD 25.43 billion in 2012, which is expected to
reach USD 39 billion by 2018.
Several
well-known players such as Apollo Hospitals, Metropolis Healthcare and Fortis
Healthcare are entering the market with new diagnostic centers, equipped with
the latest technologies. Some players have ventured into Tier-III and Tier-IV
cities as well, as there’s a huge untapped potential in these remote areas.
These diagnostic centers are currently upgrading the existing equipment from
traditional to high-end automated systems. Consequently, purchase of
second-hand sophisticated machinery has gone up.
In
India, the in-vitro segment of the industry accrued revenues of USD 463.50
million in 2012, which is estimated to touch USD 1,254 million by 2018. The
principal areas of growth include hematology, biochemistry, haematology,
molecular diagnostics and specialty diagnostics. The increase in the number of
hospitals and healthcare facilities, development of healthcare infrastructure
and the advancement of medical equipment propelled the growth of this industry.
Further, the increase in the complexity of diseases has prompted the industry
to provide better facilities for diagnosis and sample collection.
The
imaging-diagnosis segment generated revenues of USD 645.10 million in 2012,
projected to reach USD 1,000 million by 2018. With increased awareness and
investments in advanced technology pouring into the segment, the sector has
developed considerably over the past five years. One of the prime needs of the
imaging diagnosis industry is skilled labor. Currently, many seminars, training
programmes and workshops are being conducted to educate professionals on the
operation and use of advanced radio-imaging techniques
SCOPE
OF THE REPORT
- Global Overview and Indian Overview of the Diagnostic Industry
- Current Status and Market Segmentation
- Market Size and Dynamics
- Investment Opportunities and Trends of the Sector
- Outlook of the Sector
KEY
FEATURES DISCUSSED
- Current Industry Overview- Global and India
- In-Vitro Diagnostic Industry-Segments and Trends
- Imaging Diagnostic Industry-Segments and Trends
- Industry Forecast- India
- Diagnostic and Pathology Labs Test- India
- Growth Drivers of the Industry
- Regulatory Framework in Diagnostic Segment
- Investment Trends in Indian Diagnostic Industry
- Profile of Key Indian Players
For More Information Telecommunications
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BENEFICIARIES
OF THE REPORT
- Companies in the Diagnostic Sector
- Educational Institutes and Diagnostic Research Centres
- Business Research, KPOs and Consulting Companies
- Government and Policy Makers
- Commercial and Investment Banks
- Individuals/Investors
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