India to require 1.3 bn sq ft of additional healthcare space
Real Estate

India to require 1.3 bn sq ft of additional healthcare space

India is reportedly expected to redefine the healthcare landscape and delivery in the country in the coming times. India has one of the lowest bed-to-population ratios in the world, which is indicativ...

India is reportedly expected to redefine the healthcare landscape and delivery in the country in the coming times. India has one of the lowest bed-to-population ratios in the world, which is indicative of the infrastructure gap as well as the vast growth potential of this segment. The country will require an additional 1.3 bn sq ft of healthcare space to improve the infrastructure disparity. The growing incidence of cancer and cardiovascular diseases, and the COVID-19 pandemic have helped identify the challenges that exist in terms of infrastructure and flexibility to cater to sudden influx of patients and capacity building. Most of these challenges existed prior to the pandemic, but have now come to greater focus. Due to specific storage needs of pharmaceuticals and vaccines, the demand for warehouse spaces will grow too.

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