The diabetes market in India is projected to grow at a CAGR of around 22% during 2010-2013, owing to increasing incidences of diabetes, says RNCOS in its latest research study.
Online PR News – 15-June-2010 – – As per our latest research report “Indian Healthcare - New Avenues for Growth”, the Indian diabetes market has been growing stridently over the past few years, owing to increasing incidences of diabetes in the country. It is anticipated that the market will witness a CAGR of around 22% during 2010-2013. The future of the industry remains buoyant despite the concern regarding lack of awareness among majority of the population. Various factors such as rising income and changing lifestyle of the Indian population will drive the optimistic performance of the industry.
Our research indicates that the number of diabetes patients will increase continuously and India will have the maximum number of diabetes patients globally in the coming years, which signifies tremendous scope of growth for the industry. Further, enhanced private investment in the sector and increase in demand for various devices used for delivering insulin, including syringes, pens, pumps and needle-free injectors, will spur the blazing growth of the diabetes market in India.
We have done extensive research and prudent analysis of the Indian healthcare market in order to understand the factors that will continue to serve as growth drivers for the market over the coming years. We have identified that various factors such as growing per capita healthcare spending, epidemiological transitions and changeover in the demographic profiles have been propelling the growth in the market. Our report gives insight into the role of the private players and the government in the rapid growth of the Indian healthcare market.
Our report "Indian Healthcare - New Avenues for Growth" provides thorough analysis of various segments of the healthcare industry like hospital services, pharmaceuticals, medical devices, medical tourism, medical textiles, outsourcing services, infrastructure, and path labs together with a number of other sectors. It discusses all the industry parameters like key market drivers, emerging sectors in the industry and market restraints. Most importantly, the report gives future outlook for all the important aspects of the industry considering the effects of global economic crisis on base drivers, opportunities and challenges faced by the healthcare industry in the country.
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