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India Cancer Diagnostic Market by Cancer Type (Carcinoma, Sarcoma, Leukemia, Lymphoma & Myeloma, Others), by Test (Biopsy, Platform based testing), by Clinical setting (Hospitals, Medical Laboratories) and by Region - Forecast to 2023

11-19-2020 06:11 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: i2i Research LLP

India Cancer Diagnostic Market by Cancer Type (Carcinoma,

The cancer diagnostic market in India in 2018 was valued at INR 3754 Cr and is expected to reach INR 6787 Cr by 2023, growing at a CAGR of 12.6% during the forecast period. Increasing incidence of cancer, early and accurate diagnosis and precision medicine, and Increasing investment by the major cancer medical diagnostic device providers will drive the market for the cancer diagnostic in India during the forecast period. However, lack of infrastructure in rural areas and the high cost of cancer treatment could hamper the growth of the market during the forecast period.
Key Findings from the report
1. In the base year 2018, the hardware segment held the highest market share of 47.9%, followed by the software and services segment with market share of 40.4% and 11.7% respectively. However, in the coming years, the software segment is expected to witness the highest CAGR of 21.4% from 2019 to 2026.
2. The two-factor authentication segment is expected to witness significant growth during the forecast period. Two factor authentication prevents the number of frauds that are happening and therefore, it has been increasingly used in recent years in the banking and financial sector.
3. On-premise segment accounted for a market share 35.8% in 2018 and is expected to reach 33.5% by 2026. In an on-premises environment, enterprises retain all their data and are fully in control of what happens to it, for better or worse. Companies in highly regulated industries with extra privacy concerns are more likely to hesitate to leap into the cloud before others because of this reason
Report Link
For more details on “India Cancer Diagnostic” Market Report:
https://i2iresearch.com/report/cancer-diagnostics-market-report-india-market-forecast-2019-2023/

What this report Offers
This report covers an in-depth analysis of the India Cancer Diagnostic market including statistical and qualitative data points with emphasis on the market dynamics including the drivers, opportunities & restraints.
There is a coverage of market dynamics at country level in the respective regional segments. The report comprises competitive analysis with focus on key players and participants of India Cancer Diagnostic market covering in-depth data related to competitive landscape, positioning, company profiles, key strategies adopted and product-profiling with focus on market growth and potential.

To avail a copy of the sample of the India Cancer Diagnostic Market Report:
https://i2iresearch.com/report/cancer-diagnostics-market-report-india-market-forecast-2019-2023/

Key Segmentations in this report

1. India Cancer Diagnostic Market, by Test Type
1.1. Carcinoma
1.2. Sarcoma
1.3. Leukemia
1.4. Lymphoma & Myeloma
1.5. Others
2. India Cancer Diagnostic Market, by Test Type
2.1. Biopsy
2.2. Platform based testing
3. India Cancer Diagnostic Market, by Clinical Setting
3.1. Hospitals
3.2. Medical Laboratories

For a detailed table of content of the India Cancer Diagnostic Market Report:
https://i2iresearch.com/report/cancer-diagnostics-market-report-india-market-forecast-2019-2023/

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