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Medical Devices Market - India November 2011


Executive Summary Market

Domestic market for medical devices in India was pegged at INR a bn in 20-- and is expected to grow at a CAGR of x% till 20-Growing hospital infrastructure and healthcare spending is fostering the need for high-end devices for accurate and fast treatment Drivers: Challenges: Improving health infrastructure

Drivers & Challenges

Increasing healthcare spending Changing demographics and growing target consumer group

High dependency on exports Lack of standard regulatory structure

Increasing lifestyle diseases and therapies Increasing medical tourism in India

Trends

Outsourcing/Relocating of manufacturing facilities Increasing joint ventures and tie-ups

Government Involvement

Competition

Various exhibitions and trade fairs Increasing demand for refurbished devices

Govt. bodies and associations like Association 1, Association 2 and Association 3 are aiming to provide medical devices in India a regulatory structure in order to promote indigenous production Association 1 has laid down registration and license regulations to regularize imports of drugs Government has provided tax reliefs, import duty relaxations and has implemented major initiatives to boost the sector in India The industry has a huge influx of foreign players who have consolidated their operations in India either through establishing subsidiaries or tying up with Indian distributors Players in India are also increasing their manufacturing capacities and are looking at diversifying their product quality and portfolio MEDICAL DEVICES MARKET IN INDIA 2011.PPT

2


•Introduction •Market Overview •Drivers & Challenges •Trends •Government Involvement Government Bodies Government Regulations Government Initiatives

•Competition •Strategic Recommendations MEDICAL DEVICES MARKET IN INDIA 2011.PPT

3


India's medical device market is currently the fourth largest market in Asia and ranks among the world’s top 20 Market Overview

Market Size and Growth

•Good healthcare infrastructure, population rise and growing economy are fueling growth in the medical equipment market India's medical devices market is currently the fourth largest market in Asia

• There are some ‘y’ medical devices makers in India Most of them make Type 1 products such as Product 1, Product 2, Product 3, Product 4, Product 5, Product 6 and Product 7 Type 2 products are catered by foreign firms

INR bn 100

f e

x% 80

60

c

b

a

d

40 20 0 20--

20--e

20--e

20--e

20--e

20--e

• India requires major foreign participation, especially Market Segmentation in Type 2 devices that account for roughly u-v% of the entire market Segment 1 Segment 3 Currently, most of the reputed Indian healthcare institutes use foreign medical equipments for the purpose of Treatment 1, Treatment 2 and Treatment 3

• All medical devices sold in India must carry Organization Z ’ s certificate to indicate their conformity with the provisions of this schedule to enable them to move freely within the country

Segment 2

s

r1%s1% q1%

20--

MEDICAL DEVICES MARKET IN INDIA 2011.PPT

Segment 4 2% r2%

p1%

q2%

p2%

20--e

4


Drivers & Challenges - Summary

Drivers Improving health infrastructure

Challenges

Increasing healthcare spending

High dependency on exports

Changing demographics and growing target consumer group

Lack of standard regulatory structure

Increasing lifestyle diseases and therapies Increasing medical tourism in India

MEDICAL DEVICES MARKET IN INDIA 2011.PPT

5


Trends - Summary

Outsourcing/Relocating of manufacturing facilities

Increasing demand for refurbished devices

Key Trends Various exhibitions and trade fairs

Increasing joint ventures and tie-ups

MEDICAL DEVICES MARKET IN INDIA 2011.PPT

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Major Domestic Players (u/v) Company Snapshot: Company 1 Corporate Information Headquarters

City 1, State 1

Founded

19--

Financial Performance Revenue INR mn

Key People

Profit INR mn

800

Critical care medical equipments, devices for trauma

Products

Revenue Profit / Loss

Person X - Chairman & MD

600

a

400

10

c

b

d

20 15

200

5

0

Business Highlights

0 20--

20--

20--

20--

• Provides products and services in the information technology and the healthcare sectors in India • Healthcare division of the company provides medical equipments to critical care, trauma, and operation theatre areas in hospitals; develops specialty critical care/trauma care ambulances; manufactures and supplies mobile medical units for diagnostics; and undertakes turnkey projects for providing customized solutions for construction of modular operation theatres, surgical pendants, and intensive care units • Operates as a subsidiary of Company 2 • Customer base includes major corporates, defense establishments, software technology parks, MNC's and Superspecialty hospitals

MEDICAL DEVICES MARKET IN INDIA 2011.PPT

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Medical Devices Market in India 2011