India Diagnostic Laboratories Market Outlook to 2021 -Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Ken Research announced its latest publication on “India Diagnostic Laboratories Market Outlook to 2021 – Growing Prevalence of Diseases and Launch of Technologically Advanced Procedures to Drive Growth” provides a comprehensive analysis of the diagnostic laboratories market. The report includes the cumulative revenue generated by the market players from diagnostic services including both government and private diagnostic laboratories. The private diagnostic laboratories has been further explained with details on market share contributed by pathology tests and radiology tests, by Tier I, Tier II and Tier III Cities, and by hospital based diagnostic laboratories, polyclinics and independent diagnostic laboratories operating in India. The share by organized and unorganized players has also been provided in detail to clearly explain the present competition scenario in the market. The stakeholders of this report include diagnostic laboratories market players, laboratories equipments providers, companies involved in research and development activities, and the new entrants and venture capitalists who wish to invest in diagnostic laboratories market in future. Detailed snapshot on pathology tests market and radiology tests market is included in the report to elucidate facts about the market in detail. Various marketing analysis factors such as trends and developments, regulatory framework and Porter’s five forces analysis are also added in the study for clear understanding about the factors responsible for present scenario of the market. The future analysis of overall India diagnostic laboratories market has also been discussed along with recommendations from analyst view. A phenomenal increase in Indian population over the years along with the rise in number of infectious diseases in the country acted as a driver for diagnostic laboratories market. The diagnostic laboratories market was recorded as INR ~ crore in FY’2016 exhibiting growth from INR ~ crore in FY’2011. Increasing healthcare expenditure, rising adoption of preventive health check-ups, surging popularity of medical tourism in the country and healthcare infrastructural developments in Tier II and Tier III cities are other major factors which have augmented the growth of diagnostic laboratories market in India. On the basis of type of tests, Pathology tests dominated the market with revenue share of ~% earned by the overall private diagnostic laboratories in the country in FY’2016. However, radiology laboratories have witnessed growth at a rapid pace recording CAGR of ~% from FY’2011 to FY’2016. Pathology testing being first line of diagnosis for majority of diseases is the major factor which resulted in dominant position of the segment in the market, catering to the needs of the patients. Biochemical testing of blood sugar level becomes a mandatory recommendation by the doctors after every regular interval of time owing to the growing prevalence of diabetes in the nation while for the diagnosis of cardiovascular disease lipid profiles play a similar role. Tier I cities contributed majority part of revenue share to the total revenue earned by the India private diagnostic laboratories market in FY’2016. Rise in pollution levels in Tier I cities has further increased the chances of more severe diseases being spread across the masses, thereby resulting in more demand for diagnostic services. Moreover, high awareness among the educated people living in these cities resulting in more number of preventive healthcare testing has added to the revenue of overall diagnostic laboratories market making segment dominate the market. Additionally, prices of tests are more in large cities as compared to Tier II and Tier III cities, which obligate the people to get services at the available prices as a necessity to diagnose a disease. By type of players, lack of entry barrier and absence of strong regulation in diagnostics market has led to an increase in number of unorganized players which mostly adds to the standalone diagnostic centers in the country. The unorganized segment contributed around ~% of the diagnostic services market in terms of revenue in FY’2016. Such players prove useful in catering to the diagnostic needs of Tier II and Tier III cities, where almost every area has a diagnostic laboratory, particularly dealing in pathology services. Competitive Scenario India diagnostic laboratories market has a limited number of organized players and the overall market is driven by the unorganized laboratories in the country. Merger with Fortis Healthcare was the major driving force that helped SRL Diagnostics maintain majority share in pathology tests market. The merger helped the laboratory in gaining revenue as it added the revenue generated by inpatient’s staying in the Fortis Hospital. The introduction of MySRL application, where customers can book a test as per their convenience and pay online for the services, further augmented the growth of SRL diagnostics. SRL Diagnostic further is observed to lead in radiology tests market as well with a revenue share of ~% in FY’2016. Dr Lal PathLabs followed SRL with a share of ~% in the revenue earned by overall radiology tests market in India in FY’2016. Being India’s first player that has introduced laboratory services under Public Private Partnership with Government of Tripura, helped Dr Lal PathLabs extend its radiology services to people in Tier II and Tier III cities. Therefore, having the first mover advantage to be associated with the Government created trust among the people about the lab, making Dr Lal PathLabs mark revenue of INR ~ crore in FY’2016. Key Topics Covered in the Report: The market size of India Diagnostic Laboratories Market by Revenues By Government and Privately Owned Diagnostic Laboratories Market segmentation of India Private Diagnostic Laboratories Market by Pathology and Radiology Tests, by Hospital Based Diagnostic Laboratories, Polyclinics and Independent Diagnostic Laboratories and by Tier I, Tier II and Tier III Cities Snapshot on India Private Pathology and Radiology Tests Market Porter’s Five Forces Analysis for India Private Diagnostic Laboratories Market Trends and Developments in India Private Diagnostic Laboratories Market Decision Making Process for Choosing Diagnostic Laboratories Investment Model for Setting up Diagnostic Laboratory in India Competitive landscape and Detailed Company Profiles of Major Market Players Future Outlook and Projections of India Private Diagnostic Laboratories Market Analyst Recommendations Macro-economic Factors Impacting India Private Diagnostic Laboratories Market number of diagnostic labs in India Indian pathology market India Diagnostic Lab Industry Market Share Diagnostic Center Growth Diagnostic Lab Chain Pathology Segment in India Value Chain in Diagnostics Diagnostics and Pathology Test Lab Market Metropolis Lab Business Growth India For more information about the publication refer to below link: https://www.kenresearch.com/healthcare/diagnostics/india-diagnostic-lab-market-statistics/84893-91.html Related Reports: UAE Healthcare Market Outlook to 2020 – Rising Medical Tourism and High Prevalence of Diabetes to Foster Future Growth India E-Health Services Market Outlook to 2020 – Focus on On-Call Home Healthcare, Telemedicine, M-Health and Healthcare IT Segment Saudi Arabia Healthcare Market Outlook to 2019 – Rising Lifestyle Diseases and Government Investment to Spur Future Growth Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Diagnostics and Pathology Test Lab Market, Growth Diagnostic Lab Chain, India Diagnostic Lab Industry, Indian pathology market, Market Share Diagnostic Center, Metropolis Lab Business Growth India, number of diagnostic labs in india, Pathology Segment in India, Value Chain in Diagnostics