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    India’s Diagnostics Industry to Grow 14% Driven by Healthcare Demand: PhillipCapital

    Mumbai, April 19, 2025 — PhillipCapital’s latest report forecasts a 14% growth in India’s diagnostics industry, driven by higher healthcare demand and growing awareness of preventive care. The sector is expected to benefit from technological advancements, increased access to healthcare, and investments in diagnostic infrastructure.

    Organized players, particularly established diagnostic chains, are set to lead the growth, as consumers opt for reliable and standardized services. The rising focus on preventive healthcare is anticipated to further drive demand for diagnostic services across the country.

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