Healthcare and Lifesciences
India's diagnostic industry expected to grow at 14%, to touch $20 bn by FY26: Report
12 Jul 2022
The report highlighted the phenomenal rise in the use of technology, and has become an integral part of the sector's efforts to improve customer experience, and to support clinical decisions. It has also become a backbone of the business.

“With attractive economics in the industry, the diagnostics market, which is still largely under-penetrated, is expected to consolidate further. Growth in Tier 2+ cities is likely to be driven by asset-light expansion, the use of remote diagnostics tools, and AI for image processing,” explained Nirnay Kumar, Manager, Healthcare, Praxis Global Alliance.

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