Executive Summary Product Medical Syringe Co. is one of the top leading providers of medical syringes to hospitals and clinics. We manufacture bulb syringes‚ Catheter Tip Syringes (feeding tube syringe)‚ Curved Tip Syringes‚ Feeding/ oral medication syringes‚ and insulin syringes. We also manufacture syringe and needle combinations as well. Target Market We intend to develop the markets in Singapore. According to the State Department‚ there is much opportunity to export into Singapore.
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Indian Medical Electronics Industry Outlook 2020 December 2011 2 Contents Foreword from FICCI Preface from Deloitte Executive Summary Introduction Market Size Market Segmentation Triggers Demographic Factors Macroeconomic Factors Disease Burden Ecosystem Development Regulatory Factors Foreign Investment Emerging Segments Challenges Current Regulatory Regime Current Healthcare Spend Infrastructure Adoption Socio-Economic
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Medical Devices For many patients‚ medical devices deliver valuable relief from critical‚ yet failing‚ anatomical mechanisms within their body. An implantable cardioverter – defibrillator (ICD) is one such device that‚ when implanted into the upper left torso‚ delivers high voltage jolts of electricity to patients who are at risk for life-threatening arrhythmias. Ultimately‚ they have the potential capacity to resynchronize one’s cardiac rhythm to the extent that imminent death may be averted. Although
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ways to measure the level of attractiveness of medical device industry is Porter Five Forces Analysis. According to porter (2008)‚ there are five forces that influence the level of profitability of any industry; therefore‚ companies must obtain sustainable competitive advantage in order to survive. These forces are rivalry‚ threat of substitutes‚ threats of new entrants‚ supplier power‚ and buyer power. (Porter‚ para 3) Rivalry The medical device industry is one of the most competitive industries
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monopolistic structure of the health insurance industry. Medical technology is generally classified as an Institutional Services Market and encompasses of all aspects involved in the treatment of disease—which includes the utilization of medical devices‚ and surgical and pharmaceutical interventions—and is of vital importance in relation to individual health and‚ as a result‚ for general wellbeing. Progress and advanced developments in medical technology transmit a vista of both enhanced public health
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The directive Principle of Registration Declaration for Overseas Non-power-driven And Implantable Medical Devices 1.Technical supporting documents(applicable for the product’s first registration ) To get a scientific and reasonable evaluation of product declared registration regarding the safety and effectiveness‚ and to meet the requirements of technical evaluation‚ the applicant/manufacture should provide the technical supporting documents (refer to the concrete requirement in technical
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Summary of Stryker Corp: Stryker Corporation is a medical technology firm‚ which develops and manufactures: medical implants‚ surgical and imaging technologies‚ as well as patient handling and emergency medical equipment produced for the healthcare industry. Stryker competes in the Medical instruments industry. The medical instrument industry provides consumers and society with many varying products and services that use technology to meet their health needs. More specifically Stryker instruments
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healthcare industry recently recognized the necessity of business model innovation. In order to stay competitive‚ the medical device producer Medtronic was one of the first companies in the industry to introduce an innovative business model on top of its traditional one. Instead of only providing its customers with the medical device‚ Medtronic is now providing integrated medical solutions to hospitals‚ including the rental of its products. Taking into account the organization’s industry and its
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Assignment 2 – GENICON: A Surgical Strike into Emerging Markets Executive Summary In the laparoscopic industry in the U.S.‚ distribution of MIS devices had been controlled by large companies of group purchasing organizations (GPOs). This caused a high barrier of entry for small and startup companies. GENICON‚ as a young U.S. firm‚ was not only able to remain open but actually thrived by focusing on its international distribution strategy since the early stages of its launch (Kupetz et al.‚ 2010‚
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New Year started off well in the US medical devices industry and shows no signs of slowing down in 2008. The robust demand for medical equipment and the increasingly ageing population helped the shares of several medical devices makers outperform the market in the second half of 2007. We maintain the belief that‚ as a whole‚ the medical device industry is highly profitable with high barriers to entry. In addition‚ during periods of economic uncertainty‚ medical equipment has seen continued gains.
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