In-Depth Analysis of the COVID-19 Impact on India Diagnostic Laboratories Market: Ken Research Despite the pandemic having a severe impact on a number of industries, the diagnostic sector is set to have a speedy recovery. A drastic shift amongst the consumers is expected wherein more focus will be upon wellness and preventive testing. In pre-Corona pandemic stage, the major diagnostic service providers such as Dr Lal Path Labs,… Read More »
Increasing Demand in Tier-2 and Tier-3 cities and further consolidation through Mergers and Acquisitions, has helped the Organised Sector to grow at a fast pace in the Indian Diagnostic Laboratory Market: Ken Research The disease burden rate at present is significantly higher in states with low healthcare infrastructure development, such as Assam, Uttar Pradesh, and other poorer northern states, as compared to states with advanced phases of development, such as Kerala and Goa. Due to lack of regulations the test pricing highly differs in this market. The National… Read More »
India Diagnostic Laboratories Market Outlook to 2025: Ken Research Analyst at Ken Research in their latest publication “India Diagnostic Laboratories Market Outlook to 2025 – By Government and Private Labs, By Radiology and Pathology, By Organized and Unorganized Players, By Business Model (Standalone, Hospital Based and Diagnostic Chains), By Cities (Tier I, Tier II and Tier III cities) and By Payment Method (Out of Pocket Expenditure, Insurance… Read More »
The Future of Diagnostics Market in India: Ken Research Despite the current situation of COVID-19, the diagnostic market of India has witnessed strong growth. As consumer behavior shift towards preventive testing, there would be more focus and research on molecular and genetic testing. Government initiatives with respect to introduction of industry regulations and insurance could be a game changer for the industry in the… Read More »
Diagnostic Laboratory Markets in India-A Healthcare Revolution in the Making: Ken Research With COVID-19 causing a drastic change in industries, the health industry is also expected to see a considerable change. “Precaution is better than cure” is quite suitable for the Indian consumers as there has been a drastic shift towards preventive testing wherein individuals are now getting tested for diseases as soon as the slightest of… Read More »
Diagnostic Laboratory Market in India – From Preventive Testing to a Wellness Approach: Ken Research A gradual shift of consumer behavior from preventive testing to a wellness approach has changed the diagnostics sector drastically. A number of government initiatives such as Ayushman Bharat hopes to penetrate within rural India, in order to bridge the gap between the rural and urban areas. In conversation with Mr. Indranil Roy Choudhury, Chief Operating… Read More »
Greenfield and Brownfield Growth in Healthcare Establishments and Increase in Penetration of Medical Insurance will Drive the India Blood Gas and Cardiac Biomarker POC Analyzer Industry in Future: Ken Research The elderly population is likely to reach to 153.7 million by FY’2025. This will lead to increase in demand for diagnosis and treatment services for various health ailments such as chronic disorders in India. The public healthcare expenditure in India is expected to grow at a CAGR of 19.1% to a value of INR 700,570.8… Read More »
Growing Number of individuals with Medical Insurance coupled with Per Capita Health Expenditure and Increasing Ageing Population will drive Diagnostic Labs in Brazil: Ken Research Diagnostic Chains in Brazil will capture a larger share in terms of Revenue as Brazilians are very Brand Authentic in different regions. Growing penetration of medical insurance operators in the country as a result of positive growth in the disposable income will lead to an increase in the penetration of clinical Analysis and Radiology laboratories… Read More »
Brazil Diagnostic Labs Industry Growth and Outlook: Ken Research How Brazil Diagnostic Labs Market Is Positioned? Diagnostic Labs industry in Brazil had begun to evolve in the early 1900s. In the late 1960s laboratory automation process arrived in the country and was capable of processing diagnostic tests more efficiently and in greater volume in the country. In 2000, the Private Supplementary Healthcare System (ANS) came into existence… Read More »
Brazil Diagnostic Labs Market Outlook to 2025: Ken Research The report titled publication “Brazil Diagnostic Labs Market Outlook to 2025 – by Type of Labs (Single Independent and Chains), By Application (Clinical Analysis and Radiology), By Region(South-East, South, North-East, Mid-West, and North), By Revenue Source (Healthcare Plan Operators and Insurers, Out-of-Pocket and Public System)” provides a comprehensive analysis of the Diagnostic Labs market in Brazil. The… Read More »
