Molecular Diagnostics - An Emerging Indian Diagnostics Segment by RNCOS E-Services Pvt. Ltd.

With the increasing disposable income of consumers and rising concerns towards health, the demand for advanced and rapid diagnostic techniques is increasing in India. Among several diagnostic techniques, molecular diagnostics segment is expected to emerge as the fastest growing segment in the diagnostics industry. Realizing the huge demand for molecular diagnostics, companies are utilizing and upgrading there know how to develop advanced and rapid diagnostic techniques. Although, the Indian molecular diagnostics market is at its nascent stage, owing to its huge demand, it is expected to grow at a CAGR of more than 20% during the next 3 years, says our new research report, “Indian Diagnostic Market Analysis”.

Our in depth analysis of the diagnostic industry has identified several factors responsible for the growth of the molecular diagnostic segment. One of the main factors is the unique ability of the technique to diagnose a wide range of infectious and genetic diseases. Further, it has been proved beneficial for monitoring of serious ailments such as cancers, T-cell leukemia and many more.

Our team of experts has segmented the diagnostic industry into various segments such as, Biochemical testing market, Hematology, Immunology, Critical Care, Urinalysis, and many more on the basis of diagnostic techniques. All these segments have been thoroughly discussed in the report. Our research also estimates that biochemical testing market dominates the diagnostic industry and accounted for around 36% of the total market in 2009. The report also discusses the regulatory environment thoroughly, which has played an important role in driving the growth of the industry.

“Indian Diagnostic Market Analysis” also provides information of the key competitors in the market along with their business information, areas of expertise, and recent developments. The report shows a highly concentrated structure of the market, with the top players dominating the market. It provides segment level analysis of the industry along with emerging trends that may shape up with the betterment of economic conditions. The research will help consultants, industry analysts, and vendors to get in-depth knowledge of the past, present, and future performance of the industry. The report provides an extensive research on the recent trends of the Indian diagnostic industry along with impartial analysis considering the impact of financial crisis on its performance.

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