Indian Diagnostic And Pathology Laboratory Market Is One Of The Fastest Growing Market In The Country.
Rapid Commercialization in the healthcare industry and diagnostics, in particular, has led to a massive boom in path labs in India. Indian diagnostic market is growing at nearly 15-20% and is estimated to be currently worth ₹40,000 Cr. Setting up a pathological lab can be an extremely lucrative business idea.
Follow these steps to start your own diagnostic centre in India.
The primary requirement for any healthcare start-up is the location which should be accessible to a larger mass. Your pathological lab ought to be in a hygienic area as contaminated surroundings might lead to contamination of samples. The medical instruments require ample space and a cool environment for efficient functioning, so a cool temperature should be maintained by adequate air conditioning. A lab should preferably be situated on the ground floor for the convenience of the elderly, expectant mothers, those with disabilities.
There are various licences which are required for starting your pathological lab. The licenses vary from business to business. Take legal measure and apply for required licenses. Registration with government authorities is necessary prior to construction and accreditation.
Starting a pathological lab requires ample capital. The equipment forms the backbone of the services that you provide. One needs to bear in mind is that the machines required for the diagnosis and examinations are expensive. Therefore, you should have enough capital for the purchase of these instruments. Apart from machineries, you should have adequate investment in property, staffing, electricity, water, maintenance etc.
You cannot run a pathological lab without adequate instruments. Prepare a list of all the equipments required, like blood collection equipment, X-ray machines, CT-scan machines, etc. You will also need peripherals such as microscopes, blood cell counters, and centrifuge and the necessary chemicals.
An organization is nothing but a reflection of its staff. You will need a highly-skilled team of professionals.. doctors, nurses, technicians, pathologist for the success of your pathological centre. Apart from core employees, you will also need HR, receptionist, accountant, housekeeping personnel for the administrative jobs. Ensure that you have a good recruitment plan for hiring the right people.