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The country has become one of the leading destinations for high-end diagnostic services with tremendous capital investment for advanced diagnostic facilities thus catering to a greater proportion of population. The Indian diagnostic services market was worth INR 117 Billion in 2012 and is progressively expanding backed on increasing awareness about preventive healthcare which scale up new opportunities for established players in smaller towns and cities.

Though a large part of the industry is clubbed as unorganized, yet organized laboratories are slowly expanding and offering diagnostic services and preventive healthcare packages across Tier II and Tier III cities. These cities offer a large untapped potential, a high unmet need and an educated middle class population that is becoming more sophisticated seeking preventive healthcare check-ups.

In order for clients and interested companies to enter these lucrative areas, it is imperative to gauge the cost of several most common pathological and radiological tests. The report “Indian Diagnostic Services Market Outlook 2017”, in such a scenario, provides an in-depth analysis of the cost assessment comparison among Tier I and Tier II cities. This analysis has been done through comprehensive primary research and market surveys to get root-level information.

RNCOS’ present report covers several business models in the Indian diagnostic services market which generally scale up the level of diagnostic services and facilitate the entry of new market players.  The report effectively assesses the implementation of commonly used models such as PPP model, hub and spoke models and even analyzes their impact in generating revenue. Moreover, RNCOS’ industry experts prudently analyzed the regulatory and accreditation landscape with respect to setting up of diagnostic labs in Indian cities. The report, in this context, investigates into the viability of accrediting such diagnostics labs.

The “Indian Diagnostic Services Market Outlook 2017” report is an outcome of an extensive research and prudent analysis of the Indian diagnostic lab services market that provides an effective overview of the market size and future forecast. It investigates the current market trends and analyzes their impact on the performance of the sector. Further, the report provides consumer behavior patterns with respect to diagnostic services. With respect to competitive landscape, RNCOS’ research covers business overviews, strength-weakness analyses and some of the key developments of market players.