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Durable Medical Equipment Report - India Published on May 2014
Report Summary The durable medical equipment industry covers a wide range of equipment, and is a fragmented market with a wide range of manufacturers and suppliers. In this report, we focus on four product segments: hospital furniture (beds, tables, chairs, benches and storage), operating room equipment (tables and lights), patient examination equipment (stethoscopes and thermometers) and mobility aids (wheelchairs, stretchers, trolleys). Overall, the durable medical equipment market in India is estimated to be worth more than USD 490 million, and is dominated by the hospital furniture segment. The operating room equipment segment is expected to have the fastest growth with an estimated CAGR of about 10% to 2018. The overall market is extremely fragmented and predominantly controlled by domestic players. Growth of this market in India is mainly driven by an increase in public health expenditure and healthcare provision. The government recently increased budget allocation to expand the rural health centre network, which serves over 400 million Indians subsisting below the poverty line. However, despite the National Rural Health Mission which was initiated in 2005, the gap in access to healthcare remains large. The uneven access to healthcare and local price competition serves as a dampener on the growth of the durable medical equipment market. This report provides a further breakdown of the market sizes, highlights the market potential of each product type in India, and profiles the top local and multinational players in this market.
Table of Content 1. INTRODUCTION 1.1 Report description 1.2 Research methodology 1.3 About the author 1.4 Caveats and limitations 2. EXECUTIVE SUMMARY 3. DEFINITIONS 3.1 Durable hospital equipment 3.2 Hospital furniture 3.2.1 Ward beds 3.2.2 Tables & chairs 3.2.3 Storage 3.3 Operating Room Equipment 3.3.1 Operating room tables 3.3.2 Surgical lighting
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>> Get this Report Now by email! 3.4 Patient Examination Devices 3.4.1 Stethoscopes 3.4.2 Thermometers 3.5 Mobility Aids 3.5.1 Wheelchairs 3.5.2 Stretchers 4. MARKET LANDSCAPE 4.1 Overview of healthcare infrastructure in India 4.2 Top line procedure volumes and growth, by key specialist areas 4.3 Regulatory framework 4.4 Purchase process Exhibit 2: India, Overall Surgical Procedure Volume by Type, Combined Procedures Volumes Forecast, 2010-2016F 5. DURABLE HOSPITAL EQUIPMENT MARKET SIZE AND GROWTH 5.1 Overall durable hospital equipment market size and growth 5.2 Deep dive of hospital furniture 5.3 Deep dive of operating room equipment 5.4 Deep dive of patient examination devices 5.5 Deep dive of mobility aids & transportation equipment Exhibit 5-1: Durable hospital equipment market size, USD millions (2013-2018) Exhibit 5-2: Hospital furniture market size, USD millions (2013-2018) Exhibit 5-3: Market Share - Hospital furniture (2013) Exhibit 5-4: Operating equipment market size, USD millions (2013-2018) Exhibit 5-5: Market Share - Operating room equipment (2013) Exhibit 5-6: Patient examination devices market size, USD millions (2013-2018) Exhibit 5-7: Market Share - Patient examination (2013) Exhibit 5-8: Mobility aids market size, USD millions (2013-2018) Exhibit 5-9: Market Share - Mobility aids (2013) 6. GROWTH DRIVERS AND MODERATORS 6.1 Market drivers 6.1.1 Rising investments in healthcare by government 6.1.2 Improving healthcare infrastructure 6.1.3 Increasing affluence and access to healthcare 6.1.4 Population demographics, changing lifestyles and evolving disease trends 6.1.5 Growth of health insurance industry 6.1.6 Technological advancements 6.2 Market barriers 6.2.1 Price competitive local suppliers 6.2.2 Lack of clear regulations 6.2.3 Gap in access to healthcare
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>> Get this Report Now by email! 7. COMPANY PROFILES - MULTINATIONAL COMPANIES 7.1 MAQUET 7.2 Stryker Corporation 7.3 BERCHTOLD 7.4 Paramount Bed 7.5 3M Health Care 7.6 Invacare Corporation 8. COMPANY PROFILES - LOCAL COMPANIES 8.1 Janak Healthcare 8.2 KM Biomed 8.3 Equipfurn 8.4 VISSCO Healthcare 8.5 Swen Medical Devices 8.6 Gita Steel Furniture 8.7 Hospi Care Equipment 8.8 Callidai Motor Works 8.9 Hicks Thermometers 8.10 Surgicraft 9. APPENDIX a. Abbreviations
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