Online:
Visits:
Stories:
Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Pathology Tests to dominate India Diagnostic Laboratories Market over Radiology Tests

Thursday, March 9, 2017 2:52
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Diagnostic laboratories owned by private players like SRL Diagnostics, Dr Lal PathLabs, Metropolis and Thyrocare and other organized and unorganized players have been significantly increasing both in terms of number and revenue over the years.

Despite of the high prices that they charge for tests, they are able to attract customers for the kind of technology they use and the facilities they offer to the patients. Such high prices add to their revenues and make them acquire a large share in the overall market.

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.

The economically sensitive population of the country, especially from the remote areas prefer government diagnostic centers for radiology services over private labs, making the services affordable to the masses. Price charges at government centers are comparatively cheaper and thus people often opt for such labs where they get similar tests done at a lower cost.

The advantage of providing diagnostic services to the patients just after consulting the doctors within the least time possible is the major factor which has resulted in domination of hospital based laboratories in India private diagnostic laboratories market.

Reputed private hospitals including Apollo Hospitals Group and Max Healthcare have their own state-of-art laboratories within the hospital premises. These laboratories are well equipped to handle investigations related to biochemistry, haematology, microbiology, radiology and other specialized diagnostics.

With the advancements in technology in medical sector, the demand for radiology services has increased over the recent past, thus making more players enter the diagnostic laboratories market by way of radiology services. Additionally, rise in the number of diseases which requires in depth details of the body part to be diagnosed, has also led to the growth of radiology tests market. Growing heart attacks among the population of India has made people opt for preventive checkups, which involve radiology services being offered by diagnostic laboratories.

For more information on the market research report please refer to the below link:

https://www.kenresearch.com/healthcare/diagnostics/india-diagnostic-lab-market-statistics/84893-91.html
 

Contact:

Ken Research

Ankur Gupta,

Head Marketing & Communications

query@kenresearch.com

+91-124- 4230204

 

www.kenresearch.com

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories
 

Featured

 

Top Global

 

Top Alternative

 

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.