Market Research Report : Surgical instruments market in india 2012

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For the complete report, get in touch with us at : [email protected] The medical device market is a thriving segment of the healthcare industry in India. Rise in the number of hospitals and increasing requirement of healthcare facilities on account of the changing demographics and increasing lifestyle diseases is creating a need for medical devices of all types ranging from simple instruments to the most sophisticated devices and equipments that work on complex mechanisms. The market for surgical instruments is also showing the same trend and is growing at a steady pace. Unlike the market for other medical devices where multinationals dominate, in the case of surgical instruments, a large number of domestic manufacturers exist. The market is also not import dependent unlike in the case of most other devices but is an export earner. The growing target base of consumers is expected to boost sales and the market is expected to exhibit steady growth in future. The report begins with an introduction section which provides a brief description of surgical instruments and their uses. The market overview section provides an insight into the market and highlights the market size and growth. A section on the import and export of various surgical instruments has been given in the next section. It provides the value-wise and volume-wise import and export figures for six different categories of surgical instruments. This is followed by an analysis of the drivers leading to growth in the market. This includes increasing surgical procedures, improving hospital infrastructure, growing medical tourism, increasing lifestyle diseases, changing demographic structure and increasing healthcare spending. The key challenges that act as an impediment to growth in this market are improper sterilization procedures and reluctance to use by medical centers. The next section deals with the various trends in surgical procedures over the years. These surgical trends include powered surgical tools, minimally invasive surgeries and robotic surgeries. The competition section provides an overview of the competitive landscape in the industry and includes a detailed profile of the major players in the market. The Porter’s Five Forces analysis for the surgical instruments market is provided in this section. A summary of the major players operating in the market has also been provided in the form of a bubble chart. It also includes the list of products and services, key people, financial snapshot, key ratios and key recent developments for the major players. For public companies, their key business segments and key geographic segments have also been provided. A section providing strategic recommendations has been given at the end of the report which gives effective solutions to existing and potential players for improving market share and increasing profitability.

Transcript of Market Research Report : Surgical instruments market in india 2012

  • 1. Insert Cover Image using Slide Master View Do not distortSurgical Instruments Market IndiaJanuary 2012
  • 2. Executive Summary Surgical instruments market in India is growing at a CAGR of x% over 20---20--e A large number of domestic manufacturers exist in the market and they earn high revenues by Market exporting their products Surgical robots are still at a nascent stage and its development will significantly boost the market Drivers: Challenges: Increasing surgical procedures Improper sterilization Improving hospital infrastructure procedures Drivers & Reluctance to use by E Growing medical tourism Challenges medical centers L Increasing lifestyle diseases P Changing demographic structure Increasing healthcare spendingTechnological AM Powered Surgical Tools Minimally Invasive Surgeries S Trends Robotic Surgeries Major Domestic Players Major Foreign PlayersCompetition Company 1 Company 3 Company 5 Company 6 Company 2 Company 4 Company 6 Company 7 SURGICAL INSTRUMENTS MARKET IN INDIA 2012.PPT 2
  • 3. IntroductionMarket OverviewImport-ExportDrivers & ChallengesSurgical TrendsCompetitionStrategic RecommendationsAppendix SURGICAL INSTRUMENTS MARKET IN INDIA 2012.PPT 3
  • 4. Market for surgical instruments in India is poised to grow at a steady rate in the coming years Surgical Instruments Market Overview Market Size & Growth Market for surgical instruments is poised to grow in INR bn coming years, providing strong opportunities to 25 present and potential players to earn higher revenues f and increase profits 20 x% e Surgical instruments are used in various therapeutic d segments such as cardiology, dermatology, oncology, 15 c neurology, general surgery and gastroenterology b E a Traditionally, surgical instruments were hand tools though 10 L powered surgical instruments are rapidly being taken up to P make surgical procedures as less invasive as possible A large number of domestic manufacturers exist in the 5 market AM Most domestic companies are small scale companies 0 2010 2011e 2012e 2013e 2014e 2015e S operating in small regions in the country Unlike for most other medical devices, the market for surgical instruments is not import dependent Growth is mostly restricted to urban areas with semi- Domestic manufacturers are able to earn high revenues by urban and rural areas remaining largely untapped, exporting their products thus providing a huge growth opportunity Market is likely to get a huge boost in future with growth in the use and acceptance of surgical robotsSource: SURGICAL INSTRUMENTS MARKET IN INDIA 2012.PPT 4
  • 5. Unlike other medical devices, surgical instruments market is not import dependant with high export earnings Imports Exports INR mn INR mn2.0 3.0 z4 y4 z2 q4% q2% z3 f4% 2.5 p2% q3% p4%1.5 y3 e4% p3% y2 f2% f3% 2.0 d4% z1 o2% u1y1 e2% e3% q1% o4%1.0 f1% c4% 1.5 p1% o3% d2% E d3% b4% e1% d1% L c2% c3% o1% n2% b1% c1% b2% b3% 1.0 m2% n3% n4% P0.5 a4% n1% m3% a1% a2% 0.5 m4% a3% l2% m1% M l3% l4% l1%0.0 0.0 2008 2009 HS Code -- 2010 SA -- 2011 -- -- -- -- HS Code Description 2008 -- 2009 2010 2011 -- -- -- -- --Source: Note: Figures are for respective financial years SURGICAL INSTRUMENTS MARKET IN INDIA 2012.PPT 5
  • 6. Drivers & Challenges Summary Drivers Increasing surgical procedures Improving hospital infrastructure Challenges Growing medical tourism Improper sterilization procedures Increasing lifestyle diseases Reluctance to use by medical centers Changing demographic structure Increasing healthcare spending SURGICAL INSTRUMENTS MARKET IN INDIA 2012.PPT 6
  • 7. Surgical Trends Summary Powered Surgical Tools Surgical Trends Robotic Surgeries Minimally Invasive Surgeries SURGICAL INSTRUMENTS MARKET IN INDIA 2012.PPT 7
  • 8. Major Companies Summary Net Profit Size of the Bubble represents Total Assets in INR mn 550 500 450 p 400 350 E 300 250 200 r PL 150 100 AM q 50 0 -50 u t s S Revenue 0 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 Company 1 company 2 company 3 company 4 company 5 company 6Source: Note: All figures are in INR mn for FY 2010 SURGICAL INSTRUMENTS MARKET IN INDIA 2012.PPT 8
  • 9. Public: Domestic Company Company 1 (1/3) Company Information Offices and Centres India Corporate Address Tel No. Website Year of Incorporation E Ticker Symbol Stock Exchange Products and Services PL Products/Services AM Head Office S Product 1, Product 2, Product 3, Product 4, Product 5, Product 6, Product 7, Product 8, Product 9, Product 10 Key People Name Person A Designation Chairman & MD Person B Executive Director Person C Chief Operating Officer Person D Chief Financial OfficerSource: SURGICAL INSTRUMENTS MARKET IN INDIA 2012.PPT 9
  • 10. Public: Domestic Company Company 1 (1/3) Financial Snapshot Key Ratios Total Income Net Profit / Loss y-o-y change Particulars 2011 2010 2009 2008 INR bn INR bn (2011-10) b4 Profitability Ratios20 4 b3 Operating Margin15 b2 3 Net Margin10 b1 2 Profit Before Tax Margin a4 a3 Return on Equity 5 a2 1 a1 Return on Capital Employed 0 0 Return on Working Capital 2008 2009 2010 2011 Return on Assets E Financial Summary Return on Fixed Assets Cost Ratios PL The company incurred a net profit/net loss of INR X mn in FY 20XX, as compared to net profit/net loss of INR Y mn in FY 20YY The company reported total Income of INR XX mn in FY 20XX, Operating costs (% of Sales) Administration costs (% of Sales) M registering an increase/decrease of X per cent over FY 20YY Interest costs (% of Sales) Liquidity Ratios A The company earned an operating margin of X.X per cent in FY 20XX Current Ratio an increase/decrease of X.X percentage points over FY 20YY Cash Ratio increase/decrease of X.X per cent over FY 20YYFinancial Summary Indicators S The company reported debt to equity ratio of X.XX in FY 20XX, an Value (dd/mm/yyyy) Leverage Ratios Debt to Equity Ratio Debt to Capital Ratio Interest Coverage Ratio Efficiency Ratios Market Capitalization (INR) Fixed Asset Turnover Asset Turnover Current Asset Turnover Working Capital Turnover Capital Employed TurnoverSource: Improved Decline SURGICAL INSTRUMENTS MARKET IN INDIA 2012.PPT 10
  • 11. Public: Domestic Company Company 1 (3/3) Key Business Segments Key Geographic Segments Segment 1 Region 1 Region 2 100 600 80 Company 1 has been 400 60 100% operating solely in Segment X 40 v3% v4% v5% over the last five years 200 v1% v2% 20 0 u1% u2% u3% u4% u5% 0 2011 L E 2007 2008 2009 2010 2011 P Business Overview Description AM News Is an ISO 9001:2000 and ISO 13485:2003 certified company Overview S Manufactures and sells various kinds of surgical sutures materials, micro sutures, absorbable and non absorbable sutures, bone wax, polyester fibre tape, future dispenser, micro surgical cellulose swabs Introduced Good Manufacturing Practice (GMP) into all aspects of production and quality control which includes maintaining detailed batch records, a recall system, control of procedures, staff training and a controlled production environmentSource: SURGICAL INSTRUMENTS MARKET IN INDIA 2012.PPT 11
  • 12. Thank you for the attentionThe Surgical Instruments Market India report is part of Research on Indias HealthcareIndustry Series.For more detailed information or customized research requirements please contact:Tamojit RoyPhone: +91 33 4064 6215E-Mail: [email protected] on India is a product of Netscribes (India) Pvt. Ltd. Research on India is dedicated to disseminating information and providing quickinsights on hot industries in India and other emerging markets. Track our new releases and major updates in these industries onAbout NetscribesNetscribes is a knowledge-consulting and solutions firm with clientele across the globe. The companys expertise spans areas of investment &business research, business & corporate intelligence, content-management services, and knowledge-software services. At its core lies a truevalue proposition that draws upon a vast knowledge base. Netscribes is a one-stop shop designed to fulfil clients profitability and growthobjectives.Disclaimer: This report is published for general information only. Although high standards have been used the preparation, Research on India,Netscribes (India) Pvt. Ltd. or Netscribes is not responsible for any loss or damage arising from use of this document. This document is thesole property of Netscribes (India) Pvt. Ltd. and prior permission is required for guidelines on reproduction. SURGICAL INSTRUMENTS MARKET IN INDIA 2012.PPT 12