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India Diagnostic Services Market on Track to Reach USD 43.57 billion, Exhibiting a CAGR of 11.6% by 2032 | Key Players- Srl Diagnostics, Max India, Apollo Hospitals

07-31-2024 07:42 AM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

India Diagnostic Services Market

India Diagnostic Services Market

According to an exhaustive report by Polaris Market Research, the global India diagnostic services market is poised for significant growth over the next decade. In 2022, global sales income reached USD 14.57 billion. Predicted to boost at a robust Compound Annual Growth Rate (CAGR) of 11.6%, the market is estimated to reach USD 43.57 billion by 2032.

The diagnostic services in India are magnitude-driven and excessively splintered, which is subjugated by a handful of extensive players and several compact and regional players. Analysts indicate that 80-85% of industries are unorganized or commanded by regional players. Escalated life span, alterations in the way of living, a health-aware populace, and enhancement in testing services could instantly assist in the development of growth of the firms in the diagnostic industry. The upsurge of the pandemic has assisted in enhancing the magnitude and discernment for firms, including Metropolis, Dr. Lal Pathlabs, and Vijaya Diagnostics. This has also assisted in augmenting the reach of testing services covering the nation.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐€ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐“๐จ ๐†๐š๐ข๐ง ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
https://www.polarismarketresearch.com/industry-analysis/indian-diagnostic-services-market/request-for-sample

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ

โ€ข The market for India diagnostic services is expanding due to both government and private establishments armed with latest technologies such as MRI and CT scans.
โ€ข The increasing healthcare disbursement, escalating geriatric populace, and growing weight of detrimental illnesses is propelling the India diagnostic services market forward. Further, progressions in medical technology are anticipated to cause an escalated demand for diagnostic services.
โ€ข Growing aggregate of private hospitals and diagnostic nucleus are being entrenched especially in urban regions. The government is also anticipated to fund in advancement of a public sector healthcare framework involving diagnostic services in an endeavor to enhance entrance to healthcare for all subjects.

๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐ž๐ฌ ๐€๐๐จ๐ฉ๐ญ๐ž๐ ๐›๐ฒ ๐‹๐ž๐š๐๐ข๐ง๐  ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

The market is aggressively fierce with several players struggling for market share. The firms engaged in several strategies to fortify their market bearings and acquire a competitive edge. List of key companies profiled in the India diagnostic services market are:
โ€ข Thyrocare Technologies Limited
โ€ข Lal Pathlabs
โ€ข Metropolis Healthcare Limited
โ€ข Srl Diagnostics
โ€ข Max India
โ€ข Apollo Hospitals
โ€ข Oncquest Laboratories Ltd
โ€ข Pathcare Labs Pvt. Ltd
โ€ข Quest Diagnostics India Private Limited
โ€ข Super Religare Laboratories

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐…๐จ๐ซ ๐˜๐จ๐ฎ๐ซ ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ข๐ซ๐ž๐œ๐ญ๐ฅ๐ฒ ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž:
https://www.polarismarketresearch.com/buy/2019/2

๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง๐ฌ

โ€ข Clinical Pathology: Involves the analysis of blood, urine, and other bodily fluids to diagnose diseases such as diabetes, infections, and kidney disorders.
โ€ข Radiology and Imaging: Includes X-rays, MRI, CT scans, and ultrasound to diagnose a wide range of medical conditions, from bone fractures to tumors.
โ€ข Molecular Diagnostics: Used for detecting genetic and infectious diseases, as well as for personalized medicine applications such as cancer genomics.
โ€ข Cardiovascular Diagnostics: Encompasses tests like ECG, echocardiography, and stress tests to diagnose and monitor heart conditions.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐’๐œ๐จ๐ฉ๐ž

โ€ข North America (U.S., Canada)
โ€ข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โ€ข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea, Australia)
โ€ข Latin America (Brazil, Mexico, Argentina)
โ€ข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐ก๐ž ๐„๐ง๐ญ๐ข๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž:
https://www.polarismarketresearch.com/industry-analysis/indian-diagnostic-services-market

India Diagnostic Services Market, Test Outlook (Revenue, USD Billion, 2019-2032)
โ€ข Lipid Panel
โ€ข Liver Panel
โ€ข Renal Panel
โ€ข Complete Blood Count
โ€ข Electrolyte Testing
โ€ข Infectious Disease Testing
โ€ข Others

India Diagnostic Services Market, Application Outlook (Revenue, USD Billion, 2019-2032)
โ€ข Neurology
โ€ข Orthopaedics
โ€ข Cardiovascular
โ€ข Oncology
โ€ข Ultrasound
โ€ข Obstetrics & Gynaecology
โ€ข Others

India Diagnostic Services Market, Type Outlook (Revenue, USD Billion, 2019-2032)
โ€ข X-ray Imaging
โ€ข Ultrasound
โ€ข Magnetic Resource Imaging (MRI)
โ€ข Computed Tomography
โ€ข Nuclear Imaging
โ€ข Mammography

India Diagnostic Services Market, End-Use Outlook (Revenue, USD Billion, 2019-2032)
โ€ข Hospitals
โ€ข Diagnostic Canters
โ€ข Point-of-Care Testing
โ€ข Ambulatory Care Canters
โ€ข Research & Academia

๐ˆ๐ง๐๐ข๐š ๐ƒ๐ข๐š๐ ๐ง๐จ๐ฌ๐ญ๐ข๐œ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ.

โ€ข Complete Blood Count (CBC) segment of the diagnostic services market is expected to experience the fastest growth in the coming years as it is used to diagnose a wide range of medical conditions, including anemia, infections, and cancer.
โ€ข Diagnostic centers segment is expected to account for the largest share of the diagnostic services market offer a wide range of diagnostic services, including laboratory tests, imaging tests, and genetic testing. These centers typically offer a convenient and accessible location for patients to receive diagnostic services and provide a one-stop-shop for medical testing.
โ€ข Hospitals play a crucial role in the delivery of healthcare services and are typically equipped with a wide range of diagnostic facilities, including laboratory services, imaging services, and genetic testing. Hospitals offer a comprehensive range of diagnostic services to their patients, including routine blood tests, X-rays, and MRI scans.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐–๐ข๐๐ž-๐ซ๐š๐ง๐ ๐ข๐ง๐  ๐‚๐จ๐ฏ๐ž๐ซ๐š๐ ๐ž ๐จ๐Ÿ ๐๐Œ๐‘'๐ฌ ๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:

E-Pharmacy Market: https://www.polarismarketresearch.com/industry-analysis/e-pharma-market

Breast Implants Market: https://www.polarismarketresearch.com/industry-analysis/global-breast-implants-market

Gene Therapy Market: https://www.polarismarketresearch.com/industry-analysis/gene-therapy-market

Cancer Immunotherapy Market: https://www.polarismarketresearch.com/industry-analysis/cancer-immunotherapy-market

Sepsis Diagnostics Market: https://www.polarismarketresearch.com/industry-analysis/global-sepsis-diagnostics-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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