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LALPATHLAB said it saw significant shift towards direct-to-home business, with home collections now contributing nearly 12%, which used to be in the range of 5-6% during pre-COVID days. Also the company saw bundled packages continuing to rise.
Q&A Insights: Prakash Kapadia of Anived asked why the growth was lower in organic non-COVID revenue that was only up 4% in 4Q YonY. Arvind Lal EC said that in month of Jan. non-COVID was fairly low, mainly due to Omicron wave, however, the company exited on a good note in 4Q.
Read 9 tweets
Indian Diagnostic industry is ~USD 9bn; expected to grow at 10% CAGR over next 5years
edelweiss.in/research/secto…
@EdelweissWM @MetroHealthLab @drlalpathlabs #indiandiagnostic #Indianhealthcare #diagnostics #healthcare
Refferrals still constitute major part in diagnostic sector
National Diagnostics chains outperform the sector: 21% sales CAGR over last ten years #diagnostics #metropolishealthcare #drlalpathlabs
Read 14 tweets

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