{"id":1523,"date":"2024-08-21T10:04:46","date_gmt":"2024-08-21T10:04:46","guid":{"rendered":"https:\/\/www.floortap.com\/resources\/?p=1523"},"modified":"2024-08-21T10:04:48","modified_gmt":"2024-08-21T10:04:48","slug":"how-healthcare-real-estate-is-transforming-into-a-sunrise-sector-for-the-industry","status":"publish","type":"post","link":"https:\/\/www.floortap.com\/resources\/how-healthcare-real-estate-is-transforming-into-a-sunrise-sector-for-the-industry\/","title":{"rendered":"How Healthcare Real Estate is Transforming into a Sunrise Sector For The Industry"},"content":{"rendered":"\n<p>Healthcare real estate is steadily emerging as a future growth opportunity for the industry. Let&#8217;s look at some critical aspects in this regard.<\/p>\n\n\n\n<p>Several reports confirm that India will require 1.3 billion square feet of healthcare space by 2030, given the country&#8217;s low bed-to-population ratio. The COVID-19 outbreak, as well as the growing number of cardiovascular and cancer-related ailments, have highlighted the importance of developing healthcare infrastructure and remaining prepared to meet the evolving and complex healthcare needs of today&#8217;s populations.<\/p>\n\n\n\n<p>Experts believe that <strong><a href=\"https:\/\/www.floortap.com\/supply\/commercial-property-for-lease\/6\/pune\/multiple?filter=%7B%22city_id%22%3A%5B%226%22%5D%2C%22area_range%22%3A%5B%2244%22%2C%2216777215%22%5D%2C%22price_range%22%3A%5B%2212%22%2C%2222691%22%5D%2C%22space_type%22%3A%5B%225%22%5D%7D\">healthcare real estate<\/a><\/strong> is the sector that can not only help to fill this space and infrastructure gap, but also contribute significantly to the growth of the real estate sector while creating jobs. However, this will necessitate intelligent frameworks, rapid execution, and hands-on collaboration between the public and private sectors.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Important Factors to Consider<\/h3>\n\n\n\n<p>Indian healthcare is evolving as disposable income rises, awareness grows, and medical insurance access improves, as the government increases its spending on public healthcare. In addition, India will have to care for an increasingly elderly population in the coming years. COVID-19 has clearly demonstrated the importance of this demographic.<\/p>\n\n\n\n<p>This has clearly piqued investors&#8217; interest in the healthcare sector. The pandemic has also highlighted the need for additional add-ons such as telehealth and health-tech solutions, increased insurance penetration, home healthcare services, improved patient experiences, and a shift towards preventive care and wellness rather than solely focussing on disease treatment.<\/p>\n\n\n\n<p>The hospital category should require 1.3 billion square feet of hospital space to increase the bed-to-population ratio. To meet this demand across the country, demand for land and buildings should increase exponentially. The peripheral and surrounding areas of metros and Tier-1 cities, as well as some Tier-2 and Tier-3 areas, are expected to be in high demand.<\/p>\n\n\n\n<p>The logistics and industrial real estate segments will meet the growing demand for vaccine, pharmaceutical, and other essential storage. Medical supply chain development could be a lucrative business opportunity for India&#8217;s real estate industry.<\/p>\n\n\n\n<p>Wellness and healthcare providers may also transition to mixed-use healthcare to improve patient satisfaction and overall wellness. This will entail integrating shopping malls, big-box retail, and other experiences into healthcare facilities. The trend is already gaining traction in other countries and may soon arrive in India. Wellness centres are already emerging alongside retail zones in a number of communities. This will include dental and chiropractic treatments, as well as dermatology and other procedures.<\/p>\n\n\n\n<p>Hospital spaces may be redesigned to meet changing customer needs. Hospital administration, operations, corporate functions, and so on may be relocated to newer buildings away from the main campuses. This will also increase the demand for office space. Residential developers will also consider incorporating healthcare aspects into future projects, particularly in integrated and sustainable townships or gated communities.<\/p>\n\n\n\n<p>Outpatient centres could be a significant growth area in the future, providing customers with greater accessibility and comfort. Real estate developers will also prioritise ventilation, air quality, flexible building designs, uni-directional corridors, isolation rooms, negative pressure rooms, single rooms, anti-bacterial and non-porous construction materials, and sanitised and cleanable furniture. They plan to incorporate more technology into their designs, such as touch-less access, automatic doors and access points, and OPD video conferencing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Healthcare real estate is steadily emerging as a future growth opportunity for the industry. Let&#8217;s look at some critical aspects in this regard. Several reports confirm that India will require 1.3 billion square feet of healthcare space by 2030, given the country&#8217;s low bed-to-population ratio. The COVID-19 outbreak, as well as the growing number of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1524,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","footnotes":""},"categories":[12],"tags":[],"class_list":["post-1523","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Healthcare Real Estate is Transforming into a Sunrise Sector For The Industry<\/title>\n<meta name=\"description\" content=\"Healthcare real estate is steadily emerging as a future growth opportunity for the industry. Let&#039;s look at some critical aspects in this regard.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.floortap.com\/resources\/how-healthcare-real-estate-is-transforming-into-a-sunrise-sector-for-the-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Healthcare Real Estate is Transforming into a Sunrise Sector For The Industry\" \/>\n<meta property=\"og:description\" content=\"Healthcare real estate is steadily emerging as a future growth opportunity for the industry. 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