NewswireToday - /newswire/ -
Noida, Uttar Pradesh, India, 2011/06/27 - Backed by strong demand and government support, the Indian diagnostics sector is poised to grow at a CAGR of 16% during 2010-2012, says RNCOS.
Indian diagnostics sector is one of the fastest growing areas in the healthcare industry. This fast growth is backed by factors, such as untapped market potential, increasing awareness level, and hefty investments. Moreover, the market players are coming up with innovative products and technologies to strengthen their share. Overall, the Indian diagnostics sector is expected to grow at a CAGR of around 16% during 2010 - 2012. Regarding this phenomenal growth, the contributing factors and drivers have been analyzed in our new report “Indian Diagnostic Market Analysis”.
Our report has found that, Indian diagnostic market is highly regulated by the Indian Food and Drug Administration and the Central Drugs Standard Control Organization (CDSCO). All diagnostic products to be manufactured or sold in India require a license. Besides, there are certain other key authorities, who take initiatives to boost the domestic market. In this regard, our report elaborates their contribution and decision-making for the sector.
The report investigates current trends prevailing in the Indian diagnostics sector and effectively discusses their impact on the market performance. The report also illustrates the current and future outlook of the market and uses proper base and methodology for the forecasting. The prevalence of several key diseases has also been highlighted so that clients may know about the usage of diagnostics products for ailments.
The report “Indian Diagnostic Market Analysis” is an outcome of an extensive research and prudent analysis of the key segments in the Indian diagnostics sector. It covers all the important developments and necessary information on each of the segments. Moreover, the report provides description, recent activities, and strength-weakness analysis of prominent industry players. Overall, the report is meant for all those clients and investors, who want to get an in-depth analysis of the Indian diagnostics sector.
RNCOS (rncos.com) specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.