What are the factors that drive X-ray equipment market in India?
Factors that drive X-ray equipment market in India are the cost effectiveness, availability of AERB approved and registered high quality machines, increasing number of health conscious people and increasing health services in rural and urban India. Also increase in the Indian economy will lead to a rise in this market. Is competition from other imaging modalities impeding the growth of X-ray equipment market in India? Newer diagnostic modalities like 64 slice MDCT, MRI, PET, and SPECT scanning systems have not hampered the growth of X-ray equipment market in India, since it is still the basic diagnostic investigation required by all medical specialties. In fact, with the advent of these advanced modalities, the diagnosis has become more precise, though it does not replace the requirement of an X-ray. How do you perceive the future of this market segment? Since 2000, the market for X-ray equipment has witnessed a significant rise in demand and is going to do so in future. This is due to
