PET Scanner Market in India 2013

Reports Corner

Summary

The healthcare industry in India is progressing considerably and the medical device market is one of the most promising segments in this industry. The growth in the health infrastructure in the country, that is, the rise in the number of hospitals, nursing homes and other medical centers is creating a need for sophisticated devices and equipments which can provide accurate treatment to individuals. The global market for medical devices is also growing rapidly and India has joined the bandwagon of being one of the fastest growing countries in this respect. In such an industry, the market for PET scanners is also showing considerable potential. Although there are very few players in the market, all being big multinationals, there is considerable potential for growth in this market and domestic companies can also enter the market and increase profitability. The growing target base of consumers is expected to boost sales and the market is expected to exhibit steady growth in future.

The report provides a snapshot of the PET scanner market. It begins with an overview of the major macro economic indicators of India which highlights the present economic scenario prevalent in the country. It is followed by the introduction section which briefly discusses the working and uses of PET scanners. The next section is the market overview section which provides an insight into the market and highlights the market size and growth of PET scanners in the country. The market size and growth have been provided both value-wise as well as volume-wise.

This is followed by an analysis of the drivers leading to growth in the market. This includes increasing number of cancer cases, increasing cardiovascular diseases, growth in private hospitals and diagnostic centers, changing demographic structure and increasing healthcare spending. The main challenges to the market include the high costs and operational requirements and lack of insurance coverage for PET scans. A section on the major technological trends in this market has also been included. This includes PET/CT, PET/MR and new PET tracers.

The competitive landscape section provides an overview of the competitive scenario in the industry and includes a detailed profile of the major players in the market. The Porter’s Five Forces analysis for the market is provided in this section. It also includes competitive benchmarking of the top players operating in the PET scanner market in India. The report also provides brief profiles of the major domestic and foreign players in the market and a snapshot of their financial performance along with their key financial ratios, business highlights, their product portfolio and SWOT analysis.
A section providing strategic recommendations has been added at the end of the report which gives effective solutions to existing and potential players for improving their market share and increasing their profitability.

Companies Covered
Private
1. Siemens Ltd.
2. GE Healthcare Pvt. Ltd.
3. Philips Electronics India Ltd.

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Search Refurbished Imaging Medical Equipment Market in India 2013

Reports Corner

Summary

Refurbished Imaging Medical Equipment market has witnessed a healthy growth in the recent past and will continue to do so in coming years. Lower cost of refurbished equipments and increasing occurrence of lifestyle diseases are the major drivers for the growth of refurbished imaging equipments.
The report begins with macro economic indicators whereby the basic economic indicators have been depicted. In the introduction section market size of medical equipments in India has been estimated. It also gives the segmentation of the medical equipment market. The introduction section clearly shows both medical equipment markets in general and imaging equipment market in particular is poised to grow at a healthy rate. In the market overview section an overview of the refurbished medical equipments has been provided. A flowchart has been provided to explain how refurbished equipments are bought by hospitals. It also enumerates the checklist for refurbished equipments. Further, the report highlights the different types of ways equipments are refurbished. Thereafter, factors which affect the purchase of refurbished equipment have been listed. Also sourcing of refurbished equipments has been explained. The market overview section also explains the factors which sellers must emphasize on while selling refurbished equipments. Thereafter, the various strategies adopted by refurbished equipment sellers have been explained. Subsequently markets size of refurbished medical equipment such as MRI, CT, X ray, USG and mammography is provided (both in value terms and volume wise). The market for each of these equipments has been explained along with necessary insights and value additions.


In the next section market characteristics of refurbished imaging medical equipments has been listed. This section explains how refurbished equipments lead to quick return on investments. At the same time doctors express serious concern over quality of refurbished equipments which might affect the treatment quality. Patients might be adversely affected.   Sometimes refurbished equipments suffer from poor after sales service resulting in disruption of services.  Rapid technology up-gradation has also resulted in the growth of refurbished equipments in India. Hospitals prefer to buy refurbished equipment as they get a relatively new machine at a fraction of the price. Moreover people are sometimes unaware whether the device is new or refurbished and they are driven only by price-has also resulted in the growth of refurbished imaging medical equipment.
The competition section begins with a Porter’s five forces model which analyses the dynamics of the market. The major players in the market have been profiled which includes a financial summary for each of the players. Key ratios and key contacts are also listed. The last section offers strategic recommendations for the players in the refurbished imaging medical equipment market. For each of the companies a SWOT analysis has been provided.

Companies covered
Public
1. Siemens Ltd.

Private
1. GE Healthcare Pvt. Ltd.
2. Masters Medical Equipments Pvt. Ltd.
3. Sanrad medical Systems
4. Philips Electronics India Ltd.
5. Zigma Meditech India Pvt. Ltd.

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