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1. Medical Diagnostic IndustryBUSINESSOPPORTUNITIES
primaryinfo.com

2. Medical Diagnostic IndustryBUSINESSOPPORTUNITIES
What does diagnostic mean in
medical terms?
Medical diagnosis (abbreviated Dx
or DS) is the process of determining
which disease or condition explains
a person's symptoms and signs. It is
most often referred to
as diagnosis with
the medical context being implicit.
... Often, one or
more diagnostic procedures, such
as medical tests, are also done
during the process.

3. Medical Diagnostic Industry
BUSINESSOPPORTUNITIES
There are as many as
1 lakh diagnostic labs
in India

4. Medical Diagnostic IndustryBUSINESSOPPORTUNITIES
China, which has a
population of 1.6 billion
(higher than India), has
5,000 labs and they are
100 per cent regulated.

5. Medical Diagnostic IndustryBUSINESSOPPORTUNITIES
Metropolis and Lal’s do not compete
at all in business to consumer
(B2C) segment. Lal is very strong in
B2C in Delhi NCR and a bit in Kolkata
whereas Metropolis is strong on B2C in
Mumbai, Surat, Pune, Bengaluru,
Chennai, Rajkot and Nasik. Thyrocare,
on the other hand does not compete
with any major players. While SRL,
Metropolis and Lal do between 3,000-
4,000 varieties of tests, Thyrocare does
only 200.

6. Medical Diagnostic IndustryBUSINESSOPPORTUNITIES
Diagnostics is a significant part
of the healthcare growth story,
with the vertical growing at 17
per cent consistently for over a
decade. It was worth an
estimated $5 billion in 2017,
with 30 per cent of the market
in radiology (X-rays, MRIs, CT
Scans and such like) and the
rest in sample testing.

7. Medical Diagnostic IndustryBUSINESSOPPORTUNITIES
Quality accreditation with NABL
(National Accreditation Board for
Testing and Calibration
Laboratories) is purely voluntary.
Currently only one per cent of the
laboratories are so accredited.
While the big labs operating at the
national level do go for such
accreditation, those looking for
international work may take the
more stringent and expensive
College of American Pathologists
(CAP) accreditation as well.

8. Medical Diagnostic IndustryBUSINESSOPPORTUNITIES
The industry is hundred
per cent non-regulated. It
affects the patient
drastically. The way you
collect samples affect the
quality of the results.
Some labs are run by
pathologists and some
run by non-medicos who
are unqualified.

9. Medical Diagnostic IndustryBUSINESSOPPORTUNITIES
Project Data Base:
Diagnostic center::starting and managing

10. Medical Diagnostic IndustryBUSINESSOPPORTUNITIES
QUESTIONS?