N E W S B Y T E S
India requires an additional 2 billion sq . ft . of healthcare real estate : Knight Frank
The real estate consultancy Knight Frank and their U . S . partners Berkadia , note that India is currently facing a deficit of 2 billion square feet of healthcare space to cater to its current population base of 1.42 billion people . The estimated need for additional beds to reach the recommended ratio of 3 beds per 1000 people is stands at 2.4 million beds . India has a considerable gap between the number of hospital beds available in the country and the number of hospital beds required . India ’ s existing bed to population ratio is 1.3 / 1000 population ( both private and public hospitals included ), and there is a deficit of 1.7 / 1000 population . To cater to the existing population , there is an additional requirement of 2.4 mn beds . This disparity provides an opportunity for public and private players , to expand their footprint in the healthcare industry in India .
As per Indian government estimates , there are about 582 investment opportunities in medical infrastructure including hospitals valued at US $ 32bn . The hospital industry accounts for 80 % of the healthcare market in India . Currently , India has an estimated 70,000 hospitals of which the private sector constitutes 63 % of the total share .
Revvity launches its T-SPOT . TB test for latent TB screening in India
Revvity has launched its T-SPOT ®. TB test for latent TB screening , at MICROCON in Lucknow . Revvity ’ s T- SPOT ®. TB is the only FDA-approved , commercially available IGRA ( interferon gamma release assay ) based on the ELISPOT technology . This technology includes the isolation , washing and counting of peripheral blood mononuclear cells ( PBMCs ) from whole blood to standardize the test and provide reproducible results for reliable detection — even in challenging-toscreen groups , such as the immunosuppressed . Shripad Joshi , President , India & South Asia at Revvity said : “ With approximately 40 % of the Indian population being infected with latent TB , detecting the infection before it progresses to
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BioVoiceNews | January / February 2024