Growth Opportunities for NIPT in Indian Market
Several factors including huge patient population, growth in country’s total healthcare expenditure and highly efficient pathology services offers immense scope for NIPT in Indian market. The country’s government is increasing public expenditure to approximately 2.5% of GDP. Besides, increasing spending power of middle class population also encourages the market to grow, simultaneously fuelling the demand for efficient healthcare services. Moreover, a rising trend of birth rate has been observed in Indian cities thereby surging the demand for NIPT tests in...
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