Indian Diagnostic Market Set for Stupendous Growth
Indian diagnostics market has a seen a surge during the recent past few years due to several favorable factors such as, rise in the health consciousness of the Indian population in the tier-II and tier-III cities. Moreover, increasing prevalence of diseases and their complexity has resulted into a high demand for diagnostic devices and services in the country. Diagnostic services and devices are preferred by the doctors and individuals to ensure correct diagnosis of the disease before initiating the treatment. Better health education and financial stability of the Indian population are also important driving factors. As a result, Indian diagnostics market is expected to grow at a CAGR of over 22% during 2010-2012, as per our new report