Value of diagnostic market in India FY 2012-2026

Published by A. Minhas, Jun 17, 2024
In financial year 2021, the diagnostic sector in India was valued at 710 billion Indian rupees. With the increasing spending on healthcare, it was projected to expand at a compound annual growth rate of 14 percent, reaching 1.36 trillion Indian rupees by 2026.

Value of diagnostic market in India from financial year 2012 to 2021, with an estimate for 2026 (in billion Indian rupees)

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Release date

March 2023

Region

India

Survey time period

FY 2012 to FY 2021

Supplementary notes

*Estimate.

India's financial year begins in April and ends in March. For example, FY 2022 started in April 2021 and ended in March 2022.

One Indian rupee is equal to 0.011 euros and 0.012 dollars (as of November 2023).

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