Oncology Companion Diagnostics Product India - Ken Research

1. Delayed cancer screening and diagnosis due to pandemic related restrictions and re-prioritizations have led to a pent- up demand in Next–Gen Cancer Care Technologies: Ken Research India Oncology Devices and Solutions Market Ecosystem India Next-Generation Oncology Devices and Solutions Market has entered its growing phase, being driven by Increasing Prevalence of Oncology Population, Emerging Technologies in Oncology Testing and Treatment and Increasing Disease Awareness. The Oncology Devices market is moderately consolidated with major international brands dominating the market. The solutions (testing) market is moderately fragmented with presence of 6000+ NABL-accredited labs, around 70 dedicated cancer care hospitals. For more information, Request a Free Sample Report Source: Ken Research Analysis Key Market Findings: Private Healthcare Infrastructure in India is almost double of Public Sector in terms of Number of Hospitals, Hospital Beds, ICUs and Ventilators. India Government allocated a Budget of 83,000 Crore to Healthcare during FY’2022-23 out of which 57% will be spent for Centrally Sponsored Healthcare Schemes in India. Major cities such as Delhi, U.P., Maharashtra, Tamil Nadu highlights the dominant grasp of NABL Labs in north and south region of India with maximum number of labs. Growing Healthcare Sector Expenditure: The union budget FY’2022-2023 allocated ₹ 86,200 Cr to the Ministry of Health & Family Welfare, nearly 16.5% increase in comparison to FY’2021-

2. 2022. This increased expenditure and initiatives like “Digital India”, “Public Private Partnership” and “Make In India” by Government of India are pushing the medical devices manufacturer to offer tailor made India centric, creative solutions Human Capital: Qualified surgeons and radiotherapy professionals (such as radiation oncologists, radiation therapists, radiation physicists) are in short supply in India. (With a population of 1.3 billion, there were only 10,000 radiologists available in the country in 2021. Usability knowledge gap which leads to equipment downtime, unnecessarily lengthy treatment plans and patient queues. Visit A link Request for Custom Report Government Initiatives: Establishment of Ayushman Bharat Health and Wellness Centres (AB- HWCs) across the country was announced by the Government of India in February 2018. Screening of three common cancers i.e. oral, breast and cervical, is an integral part of service delivery under the AB-HWCs. (Early diagnosis means early treatment). Challenges faced by the industry: Underdeveloped general healthcare and late cancer diagnostics, low public awareness, lack of financing and compensation systems, and under- dimensioned power systems that may not serve radiotherapy equipment appropriately. Analysts at Ken Research in their latest publication “India Next-Generation Oncology Devices and Solutions Market Outlook to FY’2027 - Driven by Increasing Prevalence of Oncology Population, Emerging Technologies in Oncology Testing and Treatment and Increasing Disease Awareness to drive the Market” by Ken Research observed that India Next-Generation Oncology Devices and Solutions Market has entered its growing phase. Entry of Global Manufacturers, Rising technology advancements are some of the factors that will contributed to the India Next-Gen Oncology market growth over the period of FY’2022-2027F. It is expected that India Oncology Devices and Solutions Market will grow at a CAGR of 23.1% for the above forecasted period. Key Segments Covered in the report Next-Gen Oncology Devices and Solutions Market By Type By Devices By Solutions By Type North India West and Central India East and North East India

3. South India By Clinical Application Cervical Cancer Blood Cancer Prostate Cancer Liver Cancer Segmentation of India Next-Gen Oncology Devices By Application Treatment and Monitoring Diagnosis By End Users Hospitals Academic and Research Institutes Others Segmentation of India Oncology Solutions By Test Type Laboratory Tests Imaging Tests Others Key Target Audience Hospitals Diagnostic Centers Research and Adademic Instiutions Government and Institutions Medical Equipment Companies Medical Equipment Service Providers Global Oncology devices Players New Market Entrants Investors Medical Associations

4. Time Period Captured in the Report: Historical Period:FY’2017-FY’2022 Base Period:FY’2022 Forecast Period:FY’2023F-FY’2027F Companies Covered: Oncology Solutions Public and Private Hospitals (Fortis, Apollo, Max healthcare, AIIMS, Regional cancer centre, HCG, TATA) Labs and Diagnostic Centres Dr Lal Path labs Oncology Devices Companies Elekta Accuray IBA Philips GE Key Topics Covered in the Report Next-Gen Oncology Devices and Solutions Market Overview Ecosystem of India Oncology Devices and Solutions Market India Oncology Devices and Solutions Market Evolution India Oncology Devices and Solutions Market by type, India Oncology Devices and Solutions market by Region, India Oncology Devices and Solutions Market Segmentation, SWOT Analysis of India Oncology Devices and Solutions Industry Infrastructure Development Overview of INDIA Trends and Developments in India Oncology Devices and Solutions industry Trends and Development in India Oncology Devices and Solutions industry

5. Decision Making Parameters for Selecting Car Loan Vendor Operational Strategies for India Oncology Devices and Solutions Services Market Issues and Challenges in India Oncology Devices and Solutions Industry Government policies affecting the India Oncology Devices and Solutions Industry Government Initiatives for Automotive Industry Growth Drivers of India Oncology Devices and Solutions Market COVID Impact on the India Oncology Devices and Solutions Industry India Oncology Devices and Solutions Market Competition Overview Cross Comparison of Major Players in India Oncology Devices and Solutions Market Strengths and Weakness of Major Players in India Oncology Devices and Solutions market Future Outlook and Market Projections, 2027F Case Study on Major Oncology Devices Players Growth strategies for India Oncology Devices and Solutions market For more insights on the market intelligence, refer to the link below:- Leading Medical Devices Service Providers India Related Reports By Ken Research: India Medical Device Market Outlook to 2023 India Dental Services Market Outlook to FY’2027F Global Oncology Based In-Vivo CRO Market 2022-2028