CURRENT AFFAIRS

Detailed explanation-1: -India has become the first country in the world to compile such a list that would provide guidance to the government for deciding the kind of diagnostic tests that different healthcare facilities in villages and remote areas require.

Detailed explanation-2: -The National Essential Diagnostics List (NEDL) builds upon the Free Diagnostics Service Initiative and other diagnostics initiatives of MoHFW [IPHS, Health and Wellness Centres (HWCs) etc] to provide an expanded basket of tests at different levels of the public health system.

Detailed explanation-3: -There are over 110 diagnostic tests and procedures currently in use. They are either used in detecting disease and for monitoring its progression. Moreover, diagnostic tools and equipment are also used in guiding treatment and evaluating its effectiveness.

Detailed explanation-4: -India diagnostic labs market stood at USD14796. 21 million in 2022 and is expected to grow at a CAGR of 11.53% during the forecast period. This can be attributed to growing population in the country, which is susceptible to various diseases.

Detailed explanation-5: -According to reports, the Indian diagnostics market, now with a size of $10 billion in FY2021, is projected to grow at a compounded annual growth rate (CAGR) of 14% to reach $20 billion by FY26.