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How do I set up a pathology lab in Delhi?

How do I set up a pathology lab in Delhi?

Apr 2022

The number of Covid-19 cases in India is increasing by leaps and bounds with each passing day. Every day, a new record-high tally is set. However, those figures only represent the number of people who are being tested. Although state governments are working to increase corona testing, there are still many people who do not have access to adequate pathology labs, particularly in Tier 2 and 3 cities.

Diagnostic Path labs are currently one of India's most profitable businesses due to rising healthcare awareness, increased disposable income, global exposure, increased lifestyle-based diseases such as diabetes, and other factors. It has seen tremendous growth in recent years, prompting many medical professionals and business owners to consider Pathology labs as a business in India.

Read also: Essential to know about best pathology lab before choosing

Pathology is an important aspect of the healthcare industry because it helps medical practitioners by studying samples of human body tissues and fluids and determining the likelihood of illnesses or health disorders.

With rising national and global outbreaks of viral infection, pandemics, and other diseases, medical practitioners prefer evidence-based treatment more than ever. This resulted in a significant increase in the Pathlab business in India. With the increment of pathology labs, there is also an increment in pathology lab franchises.

Steps to start a pathology lab in Delhi

  • Location:

The priority to think about is a suitable and well-connected location. Take a walking tour of the city and make a list of potential locations. Take the information about the location from locals, the internet, and other sources. Accessibility from various parts of the city, transportation facilities, nearby hospitals, the type of people who live nearby, and so on.

The space should be large enough to accommodate instruments, patient seating arrangements, future developments, or infrastructure changes. You should look for a location with good ventilation and fewer people.

The place should be neat and clean to protect samples from contamination and patient safe from infection. The right location has a significant impact on your business prospects.

  • License & Registration:

Once your blueprint is complete, you must obtain a business license. According to the law, these licenses differ from one business to the next. They are, however, a mandatory requirement that should not be overlooked. Take the necessary legal steps and apply for your license, registration, and any other permits you may require. Also, remember to renew these licenses on a regular basis.

  • Equipment and tools

Pathology equipment and tools are the lifeblood of the industry. They are required for diagnosis, reporting, scheduling, and nearly all major operational requirements. All of the equipment should come from reputable and certified vendors. Make certain that the machines are up to date on technology and simple to use.

You should keep all of the most up-to-date machinery and software in order to attract more patients with a variety of diagnostic needs. You can also contact hospitals and doctors with a list of services and ask them to refer their patients to your lab.

  • Dedicated Employees:

To run a successful path lab business in India, you'll need a team of people, including receptionists, lab technicians, pathologists, assistants, cleaners, and so on.

Technical knowledge in diagnosis and treatment is required of lab technicians. They will be subjected to a series of rigorous checks and practical tests during their interview. They should be familiar with the lab's machines, and prior experience is preferred. Make sure you have a good recruitment plan in place for hiring the right people, as well as a payroll plan.

  • Marketing and branding are important:

Marketing is an essential step to be taken. A business that is not visible will not last long, which is the reality of the business world. And, especially in Delhi, where there are dozens of path labs, you must be creative in your marketing to stay ahead of the competition.

In today's world, perfect marketing is a hybrid of traditional and digital marketing. Traditional marketing consists of roadshows, store branding, and promotions at malls, shopping complexes, and residential communities, among other things. Digital marketing is the promotion of products and services via online platforms such as social media channels, search engines, and so on.

Conclusion

Pathology labs are one of the most valuable and profitable businesses in Delhi. Given the country's demand for diagnostic services, it will provide you with excellent returns. Before you begin, go back to basics, create a to-do list based on the steps outlined above, and develop a proper strategy. To be successful, your company must have a solid financial foundation, an efficient workforce, upgraded machinery, software, and a sophisticated accounting system.