Screening India’s healthcare diagnostics market - The HinduBusinessLineSENSEX 78,154.25 -388.19NIFTY 24,471.70 -112.10CRUDEOIL 7,935.00+ 132.00GOLD 153,870.00+ 771.00SILVER 235,779.00 -1,088.00SENSEX 78,154.25 -388.19NIFTY 24,471.70 -112.10NIFTY 24,471.70 -112.10CRUDEOIL 7,935.00+ 132.00CRUDEOIL 7,935.00+ 132.00GOLD 153,870.00+ 771.00'; } document.getElementById("lgdv").innerHTML = htmlElements; } function numberformat(i) { return Number(parseFloat(i).toFixed(2)).toLocaleString('en', { minimumFractionDigits: 2 }) } async function gatherResponse(response) { const { headers } = response; const contentType = headers.get('content-type') || ''; if (contentType.includes('application/json')) { return await response.json() } return response.text(); } function getWidth() { if (Math.max(document.body.scrollWidth,document.documentElement.scrollWidth,document.body.offsetWidth,document.documentElement.offsetWidth,document.documentElement.clientWidth) > 991) { document.getElementById("mob").style.display = "none"; document.getElementById("lgdv").style.display = "block"; } else { document.getElementById("mob").style.display = "block"; document.getElementById("lgdv").style.display = "none"; } } getWidth();]]>Molbio Diagnostics, whose IPO is live, offers insights into India’s diagnostics market, in its prospectus. Diagnostics is currently the largest segment in India’s healthcare market, after hospitals and pharmaceuticals. However its contribution to the overall healthcare market is lower relative to the US — indicating headroom for growth. Diagnostics in India is expected to see early teens growth over the next five years, driven by rising incidence of chronic illnesses and demand for preventive screening. Within diagnostics, in vitro diagnostics account for about 56 per cent of the market. Published on August 11, 2026Sign into Unlock benefits!Access 10 free stories per monthAccess to comment on every storySign up/Manage to our newslettersGet notified by email for early preview to new features, discounts & offers${ ind + 1 } ${ device }Last active - ${ la }