Tuesday, July 20, 2010

Online Diagnostics business report : Diagnostic center feasibility study in India : India Diagnostic Market study by FINPRO

The total Indian healthcare sector is today 34 billion USD and it is projected to grow to nearly 40 billion by 2012. The diagnostic and pathology market is around two percent of the total market. Indian diagnostic market has been growing fast, at 15-20 percent growth rate but there are lots ofdevelopment needs. The growth rate is estimated to remain the same for the following ten years.

As in all India related issues, again the scale is so amazing - as the Indian interviewees put it: it is all about numbers in India! Also funding is always an issue.

One of the major driving forces is the basic demographic change: the migration to urban cities, with increasing number of people having access to modern healthcare. Consequently, more and more investments are being made in hospitals and clinical laboratories. However, the rural sector is not to be forgotten.- The emerging industry structure is headed towards providing healthcare services as an integrated comprehensive package rather than the traditional concept of providing healthcare infrastructure and reactive medical care. Among the middle and high-income families in India there is a rapidly increasing health consciousness which leads to high demand on preventive health care.

The Indian diagnostic market is clearly divided in two different categories: the non-communicable diseases which are more clearly life-style related, and the communicable diseases which are a big issue in India. Despite the quick economic growth and increasing number of middle class representatives, India is still a developing country with a huge number of rural inhabitants with massive sanitation problems. The basic market requirement is to come up with more indigenous products with affordable prices, bearing in mind that the usability is also in issue: the diagnostic kits should be easy to use, not requiring a doctor.
 
 
 

1 comments:

diabetic retinopathy symptoms said...

Very nice read.
Very use full information Thanks for the sharing.....

 
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