For the complete report, get in touch with us at : info@netscribes.com
There have been considerable improvements in the healthcare infrastructure of India. With these improvements, the healthcare industry in India is progressing considerably and the medical devices market has become one of the most promising segments in this industry. 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 CT scanner is no different. It is likely to experience a huge growth in coming years. In fact, computed tomography is one of the major contributors to the growth of the medical imaging industry in India. Continuous up gradation in CT technologies is a common trend. Due to the introduction of various new applications and the combination of nuclear medicine with CT technologies, the disease coverage capabilities of CT are increasing over time. CT scans can detect various diseases and the continuous improvement in image quality has facilitated greater accuracy in diagnosis. Oncology and cardiology are mainly driving the CT scanner segment.
2. Executive Summary
The Computed Tomography market in India was valued at INR b bn in 20‐‐ and is expected to grow
at a CAGR of x% over the next 4 years
Product wise the major market segments are Segment1, segment 2, Segment 3, Segment 4 and
Market segment 5 with the last one gaining huge popularity in the Indian market due to high prices of the
segment 5 with the last one gaining huge popularity in the Indian market due to high prices of the
equipments in the other segments
Continuous technological evolution with regard to increase in the number of slices has brought
improvement in the image quality and diagnostic capabilities have also improved significantly
Drivers:
Drivers: Challenges:
Challenges:
– Use of CT scan as a primary diagnostic tool – Considerable high price of CT Scanners
– Higher accuracy in results due to technological – Radiation hazards caused from CT Scanners
Drivers & advancement – Competition from other diagnostic imaging
– Increasing health expenditure techniques
Challenges – Increasing affordability among patients
Increasing affordability among patients
– Rising demand for improved health services
Technological advancement with introduction of higher slices
Trends Importance towards reducing radiation dose and price of equipment by OEMs
Shifti t
Shifting towards combination Scanners
d bi ti S
Major Players
Competition Company 1 Company 2 Company 3
Company 4 Company 5 Company 6
COMPUTED TOMOGRAPHY SCANNER MARKET IN INDIA 2012.PPT
4. Computed Tomography scanner market is an attractive
place for the foreign medical equipment manufacturers
CT Scanner Market – Overview Market Size and Growth
• CT Scanner market is the third largest contributor in INR bn
the Medical Imaging market in India after MRI 10 f
equipment market and Ul
i k d Ultrasound equipment market
d i k x%
8 e
• CT scanner market in India observed y% growth in 20‐ d
‐ in comparison to 20‐‐ 6 c
b
• Current market size is INR b bn and it is expected to a
4
grow at a CAGR of x% to reach INR f bn by 20
20‐‐
2
• Value wise Segment 1 is the largest contributor in the
Indian CT Scanner market; whereas Segment 2 is the 0
highest selling segment in the market 20‐‐ 20‐‐ 20‐‐e 20‐‐e 20‐‐e 20‐‐e
• Indian market is still heavily dependent on the import Market Segmentation –
Market Segmentation 2011
of the CT Scanners
In FY 20‐‐, India imported CT Scanner equipments worth
p% Segment 1
INR g bn
Segment 2
• Players are giving utmost importance to reduction of
q% Segment 3
Segment 3
radiation dosage and improvement in the image t%
quality Segment 4
Segment 5
r%
s%
Note: Based on number of equipments sold
COMPUTED TOMOGRAPHY SCANNER MARKET IN INDIA 2012.PPT
5. Although low cost products are being exported from India
to a few countries…
Exports – Overview Export of CT Scanners
• India mainly exports its products to Country 1, INR mn Volume Value Units
Country 2, country 3 and country 4 50 800
• Adoption of huge technological advancement has c2
40 a2
made the Indian products acceptable worldwide b2 600
30
• Due to availability of technology expertise and cheap 400
20 b1
manpower, Indian manufacturers have been able to a1
manufacture advanced products at a lower price
manufacture advanced products at a lower price d2 200
10
c1
These products are gaining a lot of popularity in the d1
0 0
foreign markets 20‐‐ 20‐‐ 20‐‐ 20‐‐
Export (Region Wise: 2010) Export (Region Wise: 2011)
Country 1 f2% a2% Country 1
f1
Country 2 Country 2
d1% e1%
Country 3 Country 3
c1% b2%
Country 4
Country 4 Country 4
Country 4
Country 5 e2% Country 5
b1% c2%
Country 6 Country 7
a1%
d2%
Note: Figures are for respective financial years
COMPUTED TOMOGRAPHY SCANNER MARKET IN INDIA 2012.PPT
6. Drivers & Challenges – Summary
Drivers Challenges
Use of CT scan as a primary diagnostic
Use of CT scan as a primary diagnostic
tool Considerable high price of CT Scanners
Higher accuracy in results due to Radiation hazards caused from CT
technological advancement Scanners
Increasing health expenditure Competition from other diagnostic
imaging techniques
Increasing affordability among
patients
Rising demand for improved health
services
COMPUTED TOMOGRAPHY SCANNER MARKET IN INDIA 2012.PPT
7. Trends – Summary
Technological advancement
with introduction of higher
with introduction of higher
slices
Key Trends
Importance towards reducing
Shift towards combination
radiation dose and price of
Scanners
equipment by OEMs
COMPUTED TOMOGRAPHY SCANNER MARKET IN INDIA 2012.PPT
8. Major Private Companies – Summary
Net Profit Size of the Bubble represents Total Assets in INR mn
750
700
650
t
600
550
500
450
400
350
300
250
200
150
100 r
s
50 p
q
0
‐50 Revenue
0 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000 5,500 6,000 6,500 7,000
Company 1 Company 2 Company 3 Company 4 Company 5
Note: All figures are in INR mn for FY 20‐‐
COMPUTED TOMOGRAPHY SCANNER MARKET IN INDIA 2012.PPT
9. Public: Domestic Company – Company 1
(1/3)
Company Information Offices and Centres – India
Corporate Address
Tel No.
Fax No.
Website
Year of Incorporation
Year of Incorporation
Ticker Symbol
Stock Exchange
Products and Services
Products and Services
Head Office
Category Products/Services Regional Offices
Key People
Name
N Designation
D i i
Person 1 Executive Chairman
Person 2 Vice Chairman & MD
Person 3 MD
Person 4 Director
COMPUTED TOMOGRAPHY SCANNER MARKET IN INDIA 2012.PPT
10. Public: Domestic Company – Company 1
(2/3)
Financial Snapshot
i i lS h Key Ratios
K i
Total Income Net Profit / Loss y‐o‐y change
Particulars 2011 2010 2009 2008
INR bn INR bn (2011‐10)
30 c2 2.5 Profitability Ratios
b2
a2 Operating Margin
d2 2.0
20 Net Margin
1.5
d1 Profit Before Tax Margin
a1 b1 c1 1.0
10 Return on Equity
0.5 Return on Capital Employed
0 0.0 Return on Working Capital
20‐‐ 20‐‐ 20‐‐ 20‐‐ Return on Assets
Financial Summary Return on Fixed Assets
Cost Ratios
• The company incurred a net profit of INR xx bn in FY 2011, as Operating costs (% of Sales)
compared to net profit of INR xx bn in FY 2010 Administration costs (% of
• The company reported total Income of INR xx bn in FY 2011, Sales)
registering an increase of xx per cent over FY 2010
registering an increase of xx per cent over FY 2010 Interest costs (% of Sales)
Interest costs (% of Sales)
Liquidity Ratios
• The company earned an operating margin of xx per cent in FY 2011,
Current Ratio
a decrease of xx percentage points over FY 2010
Cash Ratio
• The company reported debt to equity ratio of xx in FY 2011, an Leverage Ratios
increase of xx per cent over FY 2010 Debt to Equity Ratio
Debt to Capital Ratio
b i l i
Key Financial Performance Indicators
Interest Coverage Ratio
Indicators Value (xx/xx/2012) Efficiency Ratios
Market Capitalization (INR) Fixed Asset Turnover
Asset Turnover
EPS (INR)
Current Asset Turnover
PE Ratio (Absolute) Working Capital Turnover
Capital Employed Turnover
Improved Decline
COMPUTED TOMOGRAPHY SCANNER MARKET IN INDIA 2012.PPT
11. Public: Domestic Company – Company 1
(3/3)
Key Business Segments Key Geographic Segments
Electro Mechanical Projects and Packaged Air‐Conditioning
India Outside India
Cooling Products
29.76
Professional Electronics and Industrial Systems 30
29.76
29 76 25.03 25.25
30 25 22.70
22 70
25.03 25.25
22.33 20
20 67% 15 94%
69% 71% 91% 95%
70% 10 100%
10
26% 5
24% 24% 23% 9%
7%
% 7% 0 0% 5% 6%
0 6% 6%
2008 2009 2010 2011 2008 2009 2010 2011
Business Highlights
Description News
• Has a network of 29 offices and 6 manufacturing facilities
Overview • Has business alliances with world renowned technology leaders such as Company A,
Company B, Company C, Company D and Company E
C B C C C D dC E
• Markets CT scanners manufactured by Company F in the Indian market since 1981
• Also provides advice and guidance to Company F in the process of manufacturing and
CT Scanner Business installations of CT scanners in various countries like Country 1 And Country 2
• Products offered include the Model ! CT Scanner which can be upgraded from 4 to 16
slices
COMPUTED TOMOGRAPHY SCANNER MARKET IN INDIA 2012.PPT
12. Thank you for the attention
The CT Scanner Market – India 2012 report is a part of Netscribes’ Healthcare Industry Series.
For more detailed information or customized research requirements please contact:
Phone: +91 33 4064 6214
E‐Mail: sales@netscribes.com
Follow us on:
About Netscribes
Netscribes is a knowledge‐consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of investment &
business research, business & corporate intelligence, content‐management services, and knowledge‐software services. At its core lies a true
value proposition that draws upon a vast knowledge base. Netscribes is a one‐stop shop designed to fulfil clients’ profitability and growth
objectives.
Disclaimer: This report is published for general information only. Although high standards have been used in the preparation of this report,
Netscribes (India) Pvt. Ltd. or “Netscribes” is not responsible for any loss or damage arising from use of this document. This document is the
Netscribes (India) Pvt Ltd or “Netscribes” is not responsible for any loss or damage arising from use of this document This document is the
sole property of Netscribes (India) Pvt. Ltd. and prior permission is required for guidelines on reproduction.
COMPUTED TOMOGRAPHY SCANNER MARKET IN INDIA 2012.PPT