developing value for money segment in medical devices - cosecsa presentation
TRANSCRIPT
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8/8/2019 Developing Value for Money Segment in Medical Devices - COSECSA Presentation
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An Innovation From
ENPC School Of International Management, Paris.
A Presentation fromENPC MBA in Technology
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. . . 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 . . .
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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
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This is . . .
Developing The Value-For-Money Segment
In Medical Devices
Lets Continue . . .
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1. Analysis ofMarket Demand
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1. Analysis ofMarket Demand . . . Continues
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2. Approximate Demand Size
Data Used forMathematicalModeling
1. Global Status report on Road Safety 2009
2. World Population Data Sheet 2005
3. World Population below Poverty - 2009 (prb.org)
4. No of Hospital beds per country WHO database
5. ALOS Average length of stay studies
6. Study of on Road Traffic Injuries in Delhi
7. Survey Extracts
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Values (Product Features)
3. The customers perception of features (Customers expectation of the product)
4. Analysing the methods ofSupply 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
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BUILDING BLOCKS
Blue Ocean & BOP
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Trend SettersCompanies 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 Uin this 150 BILLION Ocean?
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Initiatives & Sector DevelopmentCall for Innovative Medical Devices
Database of Appropriate Technologies
Analysis of Mismatch
Initiatives & Strategies for Business Sector
www.who.int/medical_devices/en/
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YOU & 158 BILLION . . .
Can one sell / buy eggs the same way in Western Europe & In Africa ?
Doctors
Have U searched for Value for Money solutions ?Have U ever done an e-search before investing huge ?
Can U develop devices? How can U develop?
Will industry support U ? Where can U enter ?
Report is online it can give you some leads . . .Scribd, Google,YouTube
Entrepreneurs
R u ready to face the huge market shift ? (Better Quality, price with appropriate features)
Do you have supply channels that can penetrate ?
Have you thought about all your stake holders ? You may be loosing opportunities
Do you have Win-Win-Win strategies or are you still in Win - Win ?
Key: Think out of the Box of Western BusinessModel (innovate in business !)
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www.enpcmbaparis.com
Guided by : Prof Stuart Chambers (Operations : ENPC & Warwick ) & Supported by : Prof Alon Rozen (Marketing : ENPC)
Thank You
Open for Discussion !!