With about 70 % or more of all treatment decisions that take place in
India based on the results of diagnostic laboratory testing, there is no
appropriate regulatory overlooking all practical labs Diagnostics.
Several reports it appears that the revenues of the diagnosis increased
at a CAGR of around 20% in 2010-2012 , the value is still growing at 25 %
a year on year to another beyond 2013 . Independent pathology
laboratories in the country and the industry are highly competitive and
price-based , with a rebound and business referral payments to
physicians is a very common practice. The services sector has a strong
presence of players located at regional or city and a laboratory can
perform 1500 different types of tests. With a population of 1.22bn in
2011 , growth of 1.5% year on year , the Indian market is huge and ideal
for manufacturers and suppliers of diagnostic services. Modern
laboratory pract ICES settled mainly in the pre- security analytics
(using Vacutainer , Nitrile gloves , 2ply disposable surgical masks,
disposable head caps and other disposable plastic washer, separation
techniques of waste), that market India will be highly recognized by all
players in the medical diagnostic industry . Diagnosis and pathology
are essential for the benefit of drivers in the medical set up. A model
of self- diagnostic center is well accepted due to operational
efficiency with profitability within 2-3 years. Most centers offer
diagnostic testing services in the following segments. 1.In - Vitro
Diagnostics ( IVD ) 2. molecular diagnostics. SCI -reaching in
a.Molecular diagnosis b.Immunoassays c.Clinical chemistry d.Microbiology
e.Hematology after China , India is the next leader in IVD Technology .
With increased awareness and patient , patient self-monitoring (eg ,
the use of blood glucose meter ) and baby booming population , the IVD
market in India is growing by leaps and bounds . Integrated advanced
technology in medical equipment is another growth factor. Thanks to its
low-cost technique , molecular diagnostics tests continue to be the
fastest in the area of IVD segment growth . High sensitivity and rapid
turnaround time and the process simple and easy workflow push the
growth and popularity of this technique. Despite the growth , molecular
diagnostics suffers because of a highly fragmented market in India and
the challenges are many ( NABL accreditation and standardization are few
of them ) . Due to a more conscious and concerned company in India
health, diagnostics market is changing into one that has a pattern of
demand for accurate diagnostic tests and adapted at a general level .
The Indian diagnostics market is witnessing a period of considerable
progress in innovative skills and credibility. The use of technology to
understand find the prognosis of the disease has further enhanced the
level of sophistication of the participants in this sector and will
continue to do so to serve in better and more efficient ways.
**Informations collected from various sources.
**Informations collected from various sources.
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