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 at double digit annual 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, a part of population already suffering from kidney and liver disorders and related diseases are expected to go through series of health tests and get clearance from 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.
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.
Key Target Audience:
Post COVID health tests manufacturers, end users, and other stakeholders
Distributors 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
Some of the top players in the India post COVID health tests market are
Dr. Lal PathLabs 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
Years considered for this report:
Historical Years: FY2017 - FY2020
Base Year: FY2021
Estimated Year: FY2022
Forecast Period: FY2023 - FY2027
India Post COVID Health Tests Market, By Type of Test:
COVID-19 IgG Antibody Test
Biochemistry Urea & Electrolytes
Liver Function Tests
Kidney Function Tests
India Post COVID Health Tests Market, By Provider Type:
India Post COVID Health Tests Market, By End User:
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on India Post COVID Health Tests Market
4. Executive Summary
5. Voice of Customer
6. India Post COVID Health Tests Market Outlook
7. India Hospital Diagnostic Labs Market Outlook
8. India Diagnostic Chains Market Outlook
9. India Stand Alone Diagnostic Labs Market Outlook
10. Market Dynamics
11. Market Trends & Developments
12. Policy & Regulatory Landscape
13. Pricing Analysis of Different Tests Offered by Top 5 Players
14. India Economic Profile
15. Competitive Landscape
16. Strategic Recommendations
17. About the Publisher & Disclaimer
For more information about this report visit https://www.researchandmarkets.com/r/rgltgl
View source version on businesswire.com: https://www.businesswire.com/news/home/20210924005290/en/
Laura Wood, Senior Press Manager
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