Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report giving detailed analysis of the factors which are fuelling the growth of Indian IVD market
According to the report “Global In Vitro Diagnostic Market Analysis” available at http://www.reportbuyer.com/
The report finds that although Indian IVD market is very small compared to the global IVD market, it is growing at a rapid pace and is expected to out perform other major markets in the near future. Various factors, such as increasing urbanisation, unhealthy diets and growing sedentary lifestyle, have strongly boosted the prevalence of lifestyle-related diseases such as diabetes and cardiovascular diseases in the country. Owing to these factors the Indian IVD market is projected to grow at double the pace of the global IVD market.
The report goes on to note that growing health consciousness among middle- and high-income families in India is heralding a new business opportunity. This has shifted focus from in-patient treatment to a regular preventive health check. For example, corporate companies offer an annual health check for their employees, insurance companies conduct pre-insurance policy check, and self paid health checks also give out a potential business opportunity.
The report “Global In Vitro Diagnostic Market Analysis” is available from Report Buyer at:
http://www.reportbuyer.com/
Report Buyer product ID: RCS00425
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