Growing Prevalence of Diseases, Coverage under Medical Insurance and Launch of Technologically Advanced Procedures to Drive India Diagnostic Laboratories Market: 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 High prevalence of diabetes and other infectious diseases is the major factor driving the India diagnostic laboratories market. SRL Diagnostics, Dr Lal PathLabs, Thyrocare, Metropolis, BSR Healthcare and Medall Healthcare are major players operating in the market. Being first line of the diagnosis, pathology tests were the major revenue contributors in India diagnostic laboratories market in 2016. 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 the Market” 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. Rising penetration of medical insurance in India has also been observed as one of the major driver for the India diagnostic laboratories market as financial constraint is considered to be the primary hurdle for seeking medical treatment as claimed by 55% of the rural population and 60% of the urban population in India. This issue is well catered by health insurance companies, providing medical cover to a person by paying a nominal premium amount. Unlike the past, about 20% of the Indian population has been covered with health insurance benefits. Rashtriya Swasthya Bima Yojana (RSBY) of the government covers around 12% of the urban population and 13% of the rural population under its medical insurance customer base as of December, 2014. The public expenditure on health has remained unchanged since FY’2010. Over 21.6 crore Indians which avail the benefits of health insurance, 67% of them are covered under public health insurance companies as of FY’2015. Where people preferred Public health insurance companies for various policies, the family floater policies’ major share is still grabbed by private players in health insurance market. This has been a significant driving force for diagnostic laboratories market as well, where the tests by the patients are performed before getting the advantages of mediclaim, as the same have to be submitted along with the insurance documents as evidence to health insurance companies. “In order to penetrate into rapidly growing diagnostic laboratories market, the market players could plan to invest in Tier II and Tier III cities of India. The companies should expand their network by collaborating with more health institutes and increasing their collection centers in India”, according to Research Analyst, Ken Research. Key Topics Covered in the report: The market size of India Diagnostic Laboratories Market by Revenues and 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, By Tier I, Tier II and Tier III Cities, By Organized and Unorganized Players Snapshot on India Private Pathology, 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 Key Services Mentioned in the Report Pathology Services – Molecular Biology -Clinical Microbiology -Histopathology -Hematology -Surgical Pathology -Clinical Biochemistry Radiology Services -X-RAY -Sonography -MRI -CT Scan -Mammography -PET/SPECT Market Players Mentioned in the Report: SRL Diagnostics, Dr Lal PathLabs, Thyrocare, Metropolis Healthcare Limited, BSR Healthcare, Medall Healthcare, Apollo Diagnostics, Oncquest Laboratories Limited, Suburban Diagnostics, Vijaya Diagnostic Center, Lucid Medical Diagnostics, BSR Healthcare, PathCare, Star Imaging & Path Lab Pvt. Ltd., Atulya Healthcare, Suraksha, Express Clinics, Krsnaa Diagnostics, Cryogenex Diagnostics Pvt. Ltd. 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 Post Views: 11 Tags: Competition India Diagnostic Lab Industry, Diagnostics and Pathology Test Lab Market, Dr Lal PathLabs Competition Diagnostics, Future Analysis Pathology Lab Market, Growth Diagnostic Lab Chain, India Diagnostic Lab Industry, India Diagnostic Laboratories Market, India Diagnostic Laboratory Market, India Pathology Test Market, India Radiology Test Market, Indian Diagnostic Services Market Outlook, Indian pathology market, Indian Radiology Labs Industry, Investment Diagnostics India, Market Share Diagnostic Center, Market Trends India Diagnostic Services, medical diagnostic industry in india, Medical Diagnostic Scenario in India, Metropolis Lab Business Growth India, ndian diagnostic market analysis, number of diagnostic labs in india, Pathology Segment in India, Problems diagnostic labs industry, Regulation India Diagnostic Test Market, SRL Diagnostic Market Share, Value Chain in Diagnostics