Point of Care Diagnostics
In a market structured as India, 72% of the population resides in rural geographies while 75% of the available medical infrastructure is based in urban settings. With a very wide scattering of low rural population densities, it comes as no surprise that transportation costs amount to as much as 80% of health-care costs. A critical part of a health-care delivery model is to reduce the number of referrals and thus impact these costs. Quick diagnosis at the level of primary care aids a medical practitioner in deciding the level of escalation for a patient's ailment, thus saving on valuable time and expenditure for cases which do not need tertiary care.
It is in this context that ICTPH is designing a solution to improve the extent and use of Point of care Diagnostics. Working closely with our other two verticals we intend to clearly define our main disease focus. We would like to collaborate with entrepreneurs in this segment, where we can offer infrastructural supports like R&D facilities,field testing sites, assistance with regulatory issues and funds. The need of the hour are ideas which serve an unmet need, and are scalable to rural settings.
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