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An Innovation From ENPC School Of International Management, Paris. A Presentation  from ENPC MBA in Technology
MEDICALDEVICES
“ . . . The product features of the developing countries are rarely understood by the high end engineers or marketing professionals of the companies which are based in developed countries. Effective technology which solves the problem should rise from the people of developing countries . . . ”
So . . . Lets Start Working ! We NEED . . . “Values” or required features for successful Product Development & Operations The price range the customers are willing to pay for the above mentioned “values” is analysed
Demand 1. Analysis of Market Demand 2. Approximate Demand Size  Values (Product Features) 3. The customer’s “perception” of features (Customers expectation of the product)  4. Analysing the methods of supply channel used for product delivery 5. Analyzing the strategic product features needed for this market  6. Analysis of the market based on material used for implant  7. Stake holders analysis in this market Pricing 8. Analysing the price range the customers are willing to pay for the product  9. Analysing the standard operational process and costing involved
This is . . .  Developing The Value-For-Money Segment                           In Medical Devices  Lets Continue . . .
1. Analysis of Market Demand
1. Analysis of Market Demand . . . Continues
2. Approximate Demand Size  Data Used for Mathematical Modeling Global Status report on Road Safety – 2009 World Population Data Sheet – 2005 World Population below Poverty - 2009  (prb.org) No of Hospital beds per country – WHO database ALOS – Average length of stay studies Study of on Road Traffic Injuries in Delhi Survey Extracts
Values (Product Features) 3. The customer’s “perception” of features (Customers expectation of the product)  4. Analysing the methods of Supply Channel used for product delivery 5. Analyzing the Strategic Product Features needed for this market  6. Analysis of the market based on Material Used for implant  7. Stake Holders analysis in this market Pricing 8. Analysing the Price Range the customers are willing to pay for the product  9. Analysing the standard Operational Process and Costing involved
BUILDING BLOCKS  Blue Ocean		&		BOP
Trend Setters Companies in this Direction Laerdal Medical, Vestergaard-Frandsen,  Tata Elxsi, GE, Philips . . . Countries in this Direction Brazil, India, Japan, Netherlands Organizations in this Direction WHO, ARSI,IFRS Trend Direction is Changing . . . Where are U in this 150 BILLION Ocean? VALUE  FOR  MONEY MEDICAL    DEVICES Value   for    Money    MEDICAL DEVICES VALUE  FOR  MONEY   MEDICAL       DEVICES
www.who.int/medical_devices/en/ Initiatives & Sector Development ,[object Object]
 Database of Appropriate Technologies
Analysis of Mismatch

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Developing Value for Money segment in medical devices

  • 1. An Innovation From ENPC School Of International Management, Paris. A Presentation from ENPC MBA in Technology
  • 3. “ . . . The product features of the developing countries are rarely understood by the high end engineers or marketing professionals of the companies which are based in developed countries. Effective technology which solves the problem should rise from the people of developing countries . . . ”
  • 4. So . . . Lets Start Working ! We NEED . . . “Values” or required features for successful Product Development & Operations The price range the customers are willing to pay for the above mentioned “values” is analysed
  • 5. Demand 1. Analysis of Market Demand 2. Approximate Demand Size Values (Product Features) 3. The customer’s “perception” of features (Customers expectation of the product) 4. Analysing the methods of supply channel used for product delivery 5. Analyzing the strategic product features needed for this market 6. Analysis of the market based on material used for implant 7. Stake holders analysis in this market Pricing 8. Analysing the price range the customers are willing to pay for the product 9. Analysing the standard operational process and costing involved
  • 6. This is . . . Developing The Value-For-Money Segment In Medical Devices Lets Continue . . .
  • 7. 1. Analysis of Market Demand
  • 8. 1. Analysis of Market Demand . . . Continues
  • 9. 2. Approximate Demand Size Data Used for Mathematical Modeling Global Status report on Road Safety – 2009 World Population Data Sheet – 2005 World Population below Poverty - 2009 (prb.org) No of Hospital beds per country – WHO database ALOS – Average length of stay studies Study of on Road Traffic Injuries in Delhi Survey Extracts
  • 10. Values (Product Features) 3. The customer’s “perception” of features (Customers expectation of the product) 4. Analysing the methods of Supply Channel used for product delivery 5. Analyzing the Strategic Product Features needed for this market 6. Analysis of the market based on Material Used for implant 7. Stake Holders analysis in this market Pricing 8. Analysing the Price Range the customers are willing to pay for the product 9. Analysing the standard Operational Process and Costing involved
  • 11. BUILDING BLOCKS Blue Ocean & BOP
  • 12. Trend Setters Companies in this Direction Laerdal Medical, Vestergaard-Frandsen, Tata Elxsi, GE, Philips . . . Countries in this Direction Brazil, India, Japan, Netherlands Organizations in this Direction WHO, ARSI,IFRS Trend Direction is Changing . . . Where are U in this 150 BILLION Ocean? VALUE FOR MONEY MEDICAL DEVICES Value for Money MEDICAL DEVICES VALUE FOR MONEY MEDICAL DEVICES
  • 13.
  • 14. Database of Appropriate Technologies
  • 16.
  • 17. Thank You Open for Discussion !! www.enpcmbaparis.com Guided by : Prof Stuart Chambers (Operations : ENPC & Warwick ) &Supported by : Prof AlonRozen(Marketing : ENPC)

Notas del editor

  1. LET them Read –Often this needs years of staying and working in the setting of need. Even if the field market professionals sends specs the GM marketing or product development sitting in the EU or US is not going to understand that – they have hardly, may be never seen a powercut or a powerfluctuation, they may not understand the power spikes which come from a generator which is common in developing countries. They may cover it to an extend if they have a very dedicated – but you understand it to the best level possible.
  2. JUST FOR BACK UPPerception = Cost, Performance, Fulfillment Surgeon / Hospital  Patient  Dealers – Private / Government Supply Channel (33% - no supply at all)Product Life Cycle only 18 month – faster penetrationSupply Costs depend on – Sterile ? EO/Steam/Gamma ? Geography of supplyTraceablityStocking needsCommunication partnerPricing the package costInstallment payments possible ? Strategic (Point 6)Technological features: No strip down version, minimum instrument needs, no C-arm, rugged device, reusable instruments, AFFORDABLENo need of Aestehetics, Destroyable . . .etc . . .