India post COVID health tests market is
anticipated to grow with an impressive CAGR in the forecast period,
FY2023-FY2027. The market is expected to grow with the projected cumulative
annular growth rate on the account of growing need of early and effective diagnostic
process along with to identify any adverse effects of COVID infection. The
widespread infection that was termed as a pandemic soon enough by World Health
Organization has already claimed millions of lives worldwide. In India alone
the virus has claimed more than 423 thousand lives and the medical authorities
are claiming that a third wave of infection is soon due in few months. The
recovery rate from the viral infection has improved in the past months though
dangers of after-effects of the infection, vaccination, and pre vaccination
concerns for CRP (c-reaction protein) is actively driving the growth of the
market in the subsequent five years. Moreover, the large population suffering
of kidney failures, liver disorders and related diseases are expected to go
through series of health tests and get clearance from their doctors and health
advisors to get vaccinated, the factor is a major factor responsible for the
growth of India post COVID health tests market in the upcoming five years,
until FY2027.
The India post COVID health tests market
is segmented by type of test, provider type, end user, regional distribution,
top 3 states analysis, and competitional landscape. Based on type of test, the
market is further bifurcated into COVID-19 IgG antibody test, hematology,
biochemistry urea & electrolytes, liver function tests, kidney function
tests, and others. COVID-19 IgG antibody test is anticipated to register
fastest growing CAGR in the upcoming five years on the account of surge in the
demand for the COVID-19 IgG antibodies in the patients that have already
recovered from the infection. COVID-19 Immunoglobulin G antibodies are the
immunoglobulin antibody proteins that are responsible for overcoming the
COVID-19 viral infection. With the help of self-sufficient immune system of the
body, these immunoglobulin antibodies are generated and help in protection
against the coronavirus. In some cases, the antibodies do not develop and the
patient suffering from the viral infection requires artificial transfer of the
plasma that contains higher concentration of the COVID-19 IgG and thus the test
is required to collect the blood plasma samples and thus aiding the growth of
the market.
Some of the top players in the India post
COVID health tests market is Dr. Lal Path Labs Limited, Metropolis Healthcare
Ltd., SRL Diagnostics Pvt Ltd., Thyrocare Technologies Limited, Max Healthcare
Institute Limited, Apollo Hospitals Enterprise Ltd., Vijaya Diagnostic Centre
Private Limited, Fortis Healthcare Limited, Max Healthcare Institute Limited, Quest
Diagnostics India Pvt Ltd, among others. The companies are involving themselves
into research and development for more advanced medical devices. Post COVID
Health Tests are diagnostic imaging products and are in demand owing to the
need of the healthcare industry. New players entering the market may form
partnerships with other players or the end users of the industry for a
consistent inflow of the product.
Years considered for this report:
Historical Years: FY2017 – FY2020
Base Year: FY2021
Estimated Year: FY2022
Forecast Period: FY2023 – FY2027
Objective of the Study:
- To
analyze the historical growth of the
market size of India post COVID health tests market from FY2017 to FY2020.
- To
estimate and forecast the market size of India post COVID health tests market
from FY2021 to FY2027 and growth rate until FY2027.
- To classify and
forecast India post COVID health tests market based on type
of test, provider type, end user, regional distribution, top 3 states
analysis, and competitional landscape.
- To identify dominant region or segment in the India post COVID health
tests market.
- To
identify drivers and challenges for India post COVID health tests market.
- To
examine competitive developments such as expansions, new product launches,
mergers & acquisitions, etc., in India post COVID health tests market.
- To identify and analyze the profile
of leading players operating in India post COVID health tests market.
- To identify key sustainable strategies adopted by market players in
India post COVID health tests market.
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TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of manufacturers, suppliers, and service providers across the country.
Subsequently, TechSci Research conducted primary research surveys with the
identified companies. While interviewing, the respondents were also enquired
about their competitors. Through this technique, TechSci Research could include
the manufactures which could not be identified due to the limitations of
secondary research. TechSci Research analyzed the manufactures, distribution
channels and presence of all major players across the country.
TechSci Research calculated the market size of India Post COVID Health Tests market using a bottom-up approach,
wherein data for various end-user segments was recorded and forecast for the
future years. TechSci Research sourced these values from the industry experts
and company representatives and externally validated through analyzing
historical data of these product types and applications for getting an
appropriate, overall market size. Various secondary sources such as company
websites, news articles, press releases, company annual reports, investor
presentations and financial reports were also studied by TechSci Research.
Key
Target Audience:
- Post COVID health tests manufacturers, end users, and other
stakeholders
- Distributers and suppliers of post COVID health tests and other
stakeholders
- Organizations, forums and alliances related to post COVID health
tests
- Market research and consulting firms
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as manufacturers,
suppliers, end users, etc., besides allowing them in strategizing investments
and capitalizing on market opportunities.
Report Scope:
In this report, India post COVID health tests market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- India Post COVID
Health Tests Market, By Type of Test:
- COVID-19 IgG Antibody Test
- Hematology
- Biochemistry Urea & Electrolytes
- Liver Function Tests
- Kidney Function Tests
- Others
- India Post COVID Health Tests Market,
By Provider Type:
o Hospitals
o Diagnostic chains
o Stand-alone Centre
- India Post COVID Health Tests
Market, By End User:
- Corporate Clients
- Walk-ins
- Referrals
- India Post COVID Health Tests Market,
By Region:
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in India post COVID health tests market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
India Post COVID Health
Tests Market is an upcoming report to be released soon. If you wish an early
delivery of this report or want to confirm the date of release, please contact
us at [email protected]