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Surgical, Medical Plastics, Medical Disposables, Disposable Medical Products used in Hospitals

Plastics remain at the forefront of medical innovations. The Indian market is expanding in all directions as a result of better affordability, greater health consciousness and expanding medical service institutions. With a population of 1.15 billion, India will need to at least 2 million beds in the next 10 years in order to attain a modest target of 2 per 1000 of population. With a total healthcare value of USD 400 billion, the potential for medicare equipment is, indeed large.

According to McKinsey & Co. a leading industrial and management consulting organization, the Indian healthcare sector, including pharmaceutical, diagnostics and hospital services, is expected to more than double its revenues to Rs 2000 billion by 2010. Expenditure on healthcare services, including diagnostics, hospital occupancy and outpatient consulting, the largest component of this spend is expected to grow more than 125% to Rs 1560 billion by 2012 from Rs 690 billion now.

The Health Ministry of the Government of India was planning to have a separate wing to license medical devices under the proposed National Drug Authority. The Indian domestic medicare devices industry is expected to grow from Rs 60 billion to Rs 76.5 billion in four years. The overall market is estimated at Rs 150 billion. A major part of the demand is met through imports. Devices, such as catheters and stents represent nearly two-fifth of the entire range of diagnostic devices and most critical as per international classification.

       Apart from the electronic instruments and major equipment, substantial progress has been registered in the area of a number of medical accessories and consumables. These include disposables - syringes, blood bags, cannulae, IV fluid sets, gloves. In most of these items, while the demand is increasing fast, India is becoming increasingly self-sufficient. Fairly large quantities are also exported.

The market for non-premium equipments, appliances and disposables is, however, dominated by the domestic manufacturers, while foreign suppliers and Indian companies with foreign alliances dominate the high-end hi-tech medical equipment and appliances. Among the leading providers of advanced products are Siemens, GE, Philips Medical Systems, Toshiba, Hitachi and Boston Scientific.

Major players like Siemens, GE, Larsen & Tourbo, Philips Medical Systems, to name only a few, are today making a substantial contribution in the area. Besides the big names, a large number of producers in India belong to the SME (small and medium enterprise) sector. The contribution of the latter is estimated at about two-fifths of the total demand.

There is a large untapped potential in this sector. The fragmentation of production facilities forestalls any worthwhile effort at R&D. This leads to industry's dependence on imported technology. Nonetheless, it is crystal clear that with the fast commercialization process of the sector and upgradation of medical facilities, the potential is sky high.

How to Prepare Medical Plastic Manufacturing Project Report?

A project report should tell you whether the project is feasible or not. A medical plastic manufacturing project report should cover key aspects of the business. These need to include market analysis, costs of equipment and raw materials, and projected financial implications.

The Scope of a Report should include:

1. An assessment of market potential. Find out how other medical plastic manufacturing businesses have fared so far. How well is the industry likely to perform in the future?

2. Collaborations. Who are the main industry layers? Who will be your suppliers for equipment and raw materials?

3. Investment plan. How much capital do you need for the project? How will you raise the needed funds? What is the profitability of the project? After how long do you expect to start making profits?

4. Corporate diversification. What else can the project do, besides its main product, to maximize profits?

If you follow these guidelines, you will make a good report that provides a blueprint for your medical plastic manufacturing business. You should be able to formulate elaborate manufacturing techniques and project the financial implications of the plant.

How to make Plastic Product Business Plan?

Plastics are a major material for household, industrial, and medical equipment. Plastic products are preferred for their low cost. Drawing a business plan provides you a clear roadmap for setting up and sustaining plastic production.

When you are writing a plastic product business plan, you need to consider the following aspects.

1. Overview of the Plastics Manufacturing Industry

The plastic market is luckily one of the over-growing businesses due to its wide application. There are, similarly, many plastic manufacturing industries. However, you need to evaluate the existing factories’ production capacity against plastic demand in your target market.

2. Marketing Strategy

There are already big players in the plastic product business. You need an excellent strategy to penetrate the market. An example would be producing different plastic products such as plastic bottles, mugs, water storage tanks, packaging materials, PVC pipes, etc. Look for those plastic products that are on-demand, but existing players do not produce them.

3. Pricing

Plastic products are generally cheaper for other materials. Your production cost must be low enough to enable you to offer competitive prices. You may consider a recycling option to maintain a low product price. Given the popularity of plastic products, I do not think you can ever run short of waste plastics for recycling.

Types of Disposable Medical Devices reused in Hospitals

The cost of medical equipment is high. The increase their affordability, many disposable medical products are made from plastics. Although disposable medical equipment is for single-use, they are often recycled or reused to financial constraints. I have listed below types of disposable medical items. These items comprise a list of disposable items used in hospitals that medics often reuse.

1. Cardiovascular devices

These are mainly critical surgical disposable products. They include catheters, guide-wires, angioscopes, and arterial and venous cannulas.

2. Respiratory devices

These include anesthesia-breathing circuits, combi tube intubation tubes, and bronchoscopes.

3. Orthopedic devices

Include components of an orthopedic external fixator.

4. Other devices

Other disposable medical devices reused in hospitals are sphincter tomes, assorted laparoscopy instruments, biopsy forceps, argon plasma coagulation probes, phacoemulsification needles, and hemodialysis membranes.

The surgical disposable products manufacturer may label the items in the medical disposable products list above as single-use. Other disposable medical supplies have the label ‘re-usable’ placed by the manufacturer. The Food and Drugs Association, however, leaves it open for hospitals to decide on whether or not to reuse medical disposables. The individual hospitals are, however, held responsible for the safety and effectiveness of the products.

How to prepare Surgical Equipment Business Plan?

A business plan manufacturing and operations plan lets you know if the investment is worth your money. If you want to make a production plan in a business plan, you might find the outline below worthwhile.

1. Executive Summary

  • Here, you simply state your business name and state your business focus.
  • You also have to state your product

2. Technology

  • Explain the technique you are to use for manufacturing the surgical equipment
  • Explain the patent status for this technique
  • You also explain the scientific principle underlying this technique
  • Finally state the effectiveness of the techniques about the operation of the equipment

3. Market

  • You should ask and answer questions such as; what is the target markets? What is the size of my target market? What is the economic status of the target group or users? Can they afford the cost of the product?

4. Product

  • Give a detailed description of the product/equipment. What are its components?
  • Explain the competitive advantage over similar equipment in the market

5. Competition

  • Your product business plan should state your competitors and their notable weaknesses.

6. Marketing strategy

  • A manufacturing business plan should have a solid product-marketing plan.
  • Explore the distribution network as well as regulatory issues

7. Management team

  • Who are the managers?
  • What are their qualification and experience?

8. Financial issues

  • A detailed account of financial implications

9. Operational plan

  • Outlines the milestones for implementation
  • Follow a checklist


 

Reasons for buying our reports:

This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, market potential of the product and reasons for investing in the product

This report provides vital information on the product like its characteristics and segmentation

This report helps you market and place the product correctly by identifying the target customer group of the product 

This report helps you understand the viability of the project by disclosing details like machinery required, project costs and snapshot of other project financials

The report provides a glimpse of government regulations applicable on the industry

The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decisions.

 

Our Approach:

Our research reports broadly cover Indian markets, present analysis, outlook and forecast for a period of five years.

The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players

We use reliable sources of information and databases. And information from such sources is processed by us and included in the report


 

We can provide you detailed project reports on the following topics. Please select the projects of your interests.

Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.

We also offer self-contained Pre-Investment and Pre-Feasibility Studies, Market Surveys and Studies, Preparation of Techno-Economic Feasibility Reports, Identification and Selection of Plant and Machinery, Manufacturing Process and or Equipment required, General Guidance, Technical and Commercial Counseling for setting up new industrial projects on the following topics.

Many of the engineers, project consultant & industrial consultancy firms in India and worldwide use our project reports as one of the input in doing their analysis.

We can modify the project capacity and project cost as per your requirement.
We can also prepare project report on any subject as per your requirement.

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Disposable Plastic Syringes - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

It is an instrument which is used for injecting any liquid into the body of human beings or of animals. These syringes are used for injecting the medicine into the body or into the nerve of the body which are not possible to take in through mouth or takes much time in mixing with blood. A syringe is a simple piston pump consisting of a plunger that fits tightly in a tube. The plunger can be pulled and pushed along inside a cylindrical tube (the barrel), allowing the syringe to take in and expel a liquid or gas through an orifice at the open end of the tube. The open end of the syringe may be fitted with a hypodermic needle, a nozzle, or tubing to help direct the flow into and out of the barrel. The constantly increasing use of Disposable Syringes made of plastic Material indicates its importance, which is based mainly on the advantages it offers regarding cost and hygienic applications. Due to their availability is sterilized condition, ready to use and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes. Disposable syringes are mostly injection moulded from polypropylene. Syringes are available in sizes of 1ml, 2ml, and 10ml, in a variety of designs and consist of either two or three components in their material of construction. The number and size of injection moulding machines required depends upon syringe construction, number of mould cavities and annual production. Uses & Applications Disposable syringes commonly are used in modern medicine for the injection of drugs and vaccines or for the extraction of blood. Among the common uses of disposable syringes are the injecting of insulin by a diabetic person and the administering of a local anesthesia by a dentist. Disposable syringes are favored over reusable syringes for vaccines, in order to avoid the risk of transmitting blood-borne diseases such as human immunodeficiency virus (HIV) and hepatitis from one person to another. Disposable syringes also are used to inject anesthetics for medical procedures. They can be used either alone or in combination with anesthetic gas for general anesthesia. They can be used in combination with anesthetic spray or cream for local anesthesia. The syringes used by dentists to administer local anesthesia before drilling or pulling teeth are a common example. Disposable syringes sometimes are used for drawing blood samples. They allow greater precision than evacuated tube systems, so syringes used together with butterfly needles often are favored when drawing blood. Market Survey The Indian healthcare sector, including pharmaceutical, diagnostics and hospital services, is expected to more than double its revenues to Rs 2500 bn by 2014. Expenditure on healthcare services, including diagnostics, hospital occupancy and outpatient consulting, the largest component of this spend is expected to grow more than 125% to Rs 1560 bn. The Indian domestic Medicare devices industry is expected to grow from Rs 60 bn to Rs 76.5 bn in four years. The overall market is estimated at Rs 150 bn. A major part of the demand is met through imports. Devices, such as catheters and stents represent nearly two-fifth of the entire range of diagnostic devices and most critical as per international classification. Presently medical devices are treated like drugs and regulated by state drug regulators under the drug law - Drugs and Cosmetics Act. Guidelines would make it mandatory for producers to get their products certified by notified bodies like ISO and BIS. The market for non-premium equipments, appliances and disposables is, however, dominated by the domestic manufacturers, while foreign suppliers and Indian companies with foreign alliances dominate the high-end hi-tech medical equipment and appliances. With the healthcare sector being opened up to private players, India is now emerging as a lucrative market for global firms dealing in hi-tech diagnostic and imaging equipment. In the Indian single uses syringes market, which is nearly 1.5 bn units strong, Hindustan Syringes and Medical Devices (HMD) enjoys a 65% market share. Imports constitute 10% of this market. In the single use needles market, HMD has a 70% market share, followed by imported brands with a 25% market share. The size of the local needles market is 2.5 bn units per annum. With the opening of healthcare sector, the market for medical equipment and accessories has become more vibrant. A large number of new medical facilities have been created by a large numbers of service providers, which is indicative of the great potential for medical equipment in India. The Indian market is expanding in all directions as a result of better affordability, greater health consciousness and expanding medical service institutions. With a population of 1.15 bn, India will need to at least 2 mn beds in the next 10 years in order to attain a modest target of 2 per 1000 of population. With a total healthcare value of USD 400 bn, the potential for Medicare equipment is, indeed large. Although there is a large untapped potential, the industry is confronted with problems of low volumes, high cost of production/operation, and rapid obsolescence as a result of accelerated, almost continuous, technological breakthroughs. The fragmentation of production facilities forestalls any worthwhile effort at R&D. This leads to industry's dependence on imported technology. Nonetheless, it is crystal clear that with the fast commercialization process of the sector and upgradation of medical facilities, the potential is sky-high. Few Major Players are listed below: Albert David Ltd. Disposable Medi-Aids Ltd. H L L Lifecare Ltd. Hindustan Syringes & Medical Devices Ltd. Iscon Surgicals Ltd. La Medical Devices Ltd. Lifeline Injects Ltd. Lifelong Meditech Ltd. Nirma Ltd. Raaj Medisafe India Ltd. Sangam Health Care Products Ltd. Surgiplast Ltd.
Plant capacity: 180 Lakh Nos. /annumPlant & machinery: 245 Lakhs
Working capital: -T.C.I: Cost of Project: 455 Lakhs
Return: 26.00%Break even: 46.00%
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Disposable Plastic Syringes - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

It is an instrument which is used for injecting any liquid into the body of human beings or of animals. These syringes are used for injecting the medicine into the body or into the nerve of the body which are not possible to take in through mouth or takes much time in mixing with blood. A syringe is a simple piston pump consisting of a plunger that fits tightly in a tube. The plunger can be pulled and pushed along inside a cylindrical tube (the barrel), allowing the syringe to take in and expel a liquid or gas through an orifice at the open end of the tube. The open end of the syringe may be fitted with a hypodermic needle, a nozzle, or tubing to help direct the flow into and out of the barrel. The constantly increasing use of Disposable Syringes made of plastic Material indicates its importance, which is based mainly on the advantages it offers regarding cost and hygienic applications. Due to their availability is sterilized condition, ready to use and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes. Disposable syringes are mostly injection moulded from polypropylene. Syringes are available in sizes of 1ml, 2ml, and 10ml, in a variety of designs and consist of either two or three components in their material of construction. The number and size of injection moulding machines required depends upon syringe construction, number of mould cavities and annual production. Uses & Applications Disposable syringes commonly are used in modern medicine for the injection of drugs and vaccines or for the extraction of blood. Among the common uses of disposable syringes are the injecting of insulin by a diabetic person and the administering of a local anesthesia by a dentist. Disposable syringes are favored over reusable syringes for vaccines, in order to avoid the risk of transmitting blood-borne diseases such as human immunodeficiency virus (HIV) and hepatitis from one person to another. Disposable syringes also are used to inject anesthetics for medical procedures. They can be used either alone or in combination with anesthetic gas for general anesthesia. They can be used in combination with anesthetic spray or cream for local anesthesia. The syringes used by dentists to administer local anesthesia before drilling or pulling teeth are a common example. Disposable syringes sometimes are used for drawing blood samples. They allow greater precision than evacuated tube systems, so syringes used together with butterfly needles often are favored when drawing blood. Market Survey The Indian healthcare sector, including pharmaceutical, diagnostics and hospital services, is expected to more than double its revenues to Rs 2500 bn by 2014. Expenditure on healthcare services, including diagnostics, hospital occupancy and outpatient consulting, the largest component of this spend is expected to grow more than 125% to Rs 1560 bn. The Indian domestic Medicare devices industry is expected to grow from Rs 60 bn to Rs 76.5 bn in four years. The overall market is estimated at Rs 150 bn. A major part of the demand is met through imports. Devices, such as catheters and stents represent nearly two-fifth of the entire range of diagnostic devices and most critical as per international classification. Presently medical devices are treated like drugs and regulated by state drug regulators under the drug law - Drugs and Cosmetics Act. Guidelines would make it mandatory for producers to get their products certified by notified bodies like ISO and BIS. The market for non-premium equipments, appliances and disposables is, however, dominated by the domestic manufacturers, while foreign suppliers and Indian companies with foreign alliances dominate the high-end hi-tech medical equipment and appliances. With the healthcare sector being opened up to private players, India is now emerging as a lucrative market for global firms dealing in hi-tech diagnostic and imaging equipment. In the Indian single uses syringes market, which is nearly 1.5 bn units strong, Hindustan Syringes and Medical Devices (HMD) enjoys a 65% market share. Imports constitute 10% of this market. In the single use needles market, HMD has a 70% market share, followed by imported brands with a 25% market share. The size of the local needles market is 2.5 bn units per annum. With the opening of healthcare sector, the market for medical equipment and accessories has become more vibrant. A large number of new medical facilities have been created by a large numbers of service providers, which is indicative of the great potential for medical equipment in India. The Indian market is expanding in all directions as a result of better affordability, greater health consciousness and expanding medical service institutions. With a population of 1.15 bn, India will need to at least 2 mn beds in the next 10 years in order to attain a modest target of 2 per 1000 of population. With a total healthcare value of USD 400 bn, the potential for Medicare equipment is, indeed large. Although there is a large untapped potential, the industry is confronted with problems of low volumes, high cost of production/operation, and rapid obsolescence as a result of accelerated, almost continuous, technological breakthroughs. The fragmentation of production facilities forestalls any worthwhile effort at R&D. This leads to industry's dependence on imported technology. Nonetheless, it is crystal clear that with the fast commercialization process of the sector and upgradation of medical facilities, the potential is sky-high. Few Major Players are listed below: Albert David Ltd. Disposable Medi-Aids Ltd. H L L Lifecare Ltd. Hindustan Syringes & Medical Devices Ltd. Iscon Surgicals Ltd. La Medical Devices Ltd. Lifeline Injects Ltd. Lifelong Meditech Ltd. Nirma Ltd. Raaj Medisafe India Ltd. Sangam Health Care Products Ltd. Surgiplast Ltd.
Plant capacity: 180 Lakh Nos. /annumPlant & machinery: 245 Lakhs
Working capital: -T.C.I: Cost of Project: 455 Lakhs
Return: 26.00%Break even: 46.00%
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Disposable Plastic Syringes - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

It is an instrument which is used for injecting any liquid into the body of human beings or of animals. The Indian healthcare sector, including pharmaceutical, diagnostics and hospital services, is expected to more than double its revenues to Rs 2500 bn by 2014. The Indian domestic Medicare devices industry is expected to grow from Rs 60 bn to Rs 76.5 bn in four years. The overall market is estimated at Rs 150 bn. A major part of the demand is met through imports. With the healthcare sector being opened up to private players, India is now emerging as a lucrative market for global firms dealing in hi-tech diagnostic and imaging equipment. In the Indian single uses syringes market, which is nearly 1.5 bn units strong, Hindustan Syringes and Medical Devices (HMD) enjoys a 65% market share. Imports constitute 10% of this market. In the single use needles market, HMD has a 70% market share, followed by imported brands with a 25% market share. The size of the local needles market is 2.5 bn units per annum. It is crystal clear that with the fast commercialization process of the sector and upgradation of medical facilities, the potential is sky-high. Few Major Players are listed below: Albert David Ltd. Disposable Medi-Aids Ltd. H L L Lifecare Ltd. Hindustan Syringes & Medical Devices Ltd. Iscon Surgicals Ltd. La Medical Devices Ltd. Lifeline Injects Ltd. Lifelong Meditech Ltd. Nirma Ltd. Raaj Medisafe India Ltd. Sangam Health Care Products Ltd. Surgiplast Ltd.
Plant capacity: 180 Lakh Nos. /annumPlant & machinery: Rs.245 Lakhs
Working capital: -T.C.I: Cost of Project:Rs. 455 Lakhs
Return: 26.00%Break even: 46.00%
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Surgical Gloves - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Layout

The powder-free and synthetic disposable latex gloves market is anticipated to thrive in the next three to five years due to increased healthcare spending and greater number of people being covered by insurance. The global market for disposable medical gloves generated $3 billion revenues in 2011. Marketstrat forecasts that this market will continue to expand at a compound annual growth of 4.9% exceeding $4.3 billion by 2018. Key market and technology drivers include concern over barrier protection, ease of use, tactility and comfort. This is the new emerging field and has a good domestic and international market. New entrepreneurs can well venture in this sector. Few Major Players are named as under: Bengal Waterproof Ltd. C E Gloves (India) Ltd. Casil Health Products Ltd. Casil Industries Ltd. Digiflex (India) Ltd. J K Ansell Ltd. London Rubber India Ltd. Mega Meditex Ltd. Sataytej Commercial Co. Ltd. Shiva Medicare Ltd. T T K Biomed Ltd.
Plant capacity: 6000000 Pairs/AnnumPlant & machinery: Rs.154 Lakhs
Working capital: -T.C.I: Cost of Project: Rs.323 Lakhs
Return: 23.00%Break even: 48.00%
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Market Research Report on Medical Devices & Surgical Disposables in India - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital

Market Research Report on Medical Devices & Surgical Disposables in India (Disposable Plastic Syringes, Blood Bags, X-Ray, Ultrasound, ECG, Pacemakers, IV Fluid Sets and Other Devices) Present & Future Prospects, Market Analysis, Statistics, Trends & Opportunities, Growth Drivers, SWOT Analysis, Industry Size, Outlook and Forecasts Upto 2017 The Market Research Report on MEDICAL DEVICES & SURGICAL DISPOSABLES IN INDIA (Disposable Plastic Syringes, Blood Bags, X-Ray, Ultrasound, ECG, Pacemakers, IV Fluid Sets and Other Devices) Present & Future Prospects, Market Analysis, Statistics, Trends & Opportunities, Growth Drivers, SWOT Analysis, Industry Size, Outlook and Forecasts Upto 2017’ released by Niir Project Consultancy Services, provides a comprehensive analysis on the medical device industry in India. The report begins with the global scenario of the medical device industry including market size forecasts till 2017 and eventually unwraps with the Indian scenario of the medical device and surgical disposable industry. The report elucidates the structure of Indian medical device industry, its classification in various risk classes and its segmentation into various sub-segments. Key segments include diagnostic imaging, dental products, disposables, orthopedic & prosthesis, IV diagnostics and patient aids. The reports also names various sub segments of the above mentioned segments. The report provides an expansive market analysis of the Indian medical device sector by covering areas like growth drivers, trends prevailing in the industry, regulatory framework as well as comprehensive SWOT analysis of the sector. The report provides an elaborative analysis of the factors which are and will be driving the growth of the industry. Such factors include burgeoning medical tourism in the country, vigorous growth of the hospital sector, increasing government focus towards medical device sector, India’s increasing life expectancy, rising health awareness among the Indian population as well as the rise in the incidence of lifestyle diseases in the nation. The trends prevalent in the industry as identified by the report includes increased inflow of investments in the sector, growing merger & acquisition activity, rise in demand of refurbished medical devices and new found focus on increasing the manufacturing base of such devices in the country. Industry players nowadays are expanding and focusing more on affordable manufacturing of medical devices in order to tap the rising demand from tier-II and tier-III cities. The report further establishes the regulatory framework of the industry. It encapsulates the status of the current legislation in the industry as well as the recent changes and developments in the regulations. The industry is awaiting the much anticipated approval of the Drugs & Cosmetics (Amendment) Bill, 2013 which will stabilize the regulatory environment for the industry. The report also contains key features of such above mentioned bill and enumerates various governing bodies of the sector. The report further explicates the SWOT analysis of the sector. The sector is placed in a sweet spot due to ready availability of abundant market base for its products in the form of rising Indian population. Additionally, Indian population distribution has been experiencing a gradual tilt towards the 25-59 & 60+ age groups which forms the key customers for the sector. Healthcare industry in India is a recession proof industry to some extent and medical device sector being a part of such industry benefits immensely from its growth as well as its relatively recession proof nature. The industry faces many challenges in the form of increasing competition in the sector, low penetration of healthcare in the nation, lack of funding and lack of required skill set. Despite such challenges, India is a sea of opportunities for the sector owing to the rising disposable incomes of the people which will lead to better healthcare penetration, rising government expenditure on the healthcare sector as a whole and low consumption of medical devices in the nation. The next segment of the report details the market potential of various sub segments of the sector. It includes demand analysis and key forecasts of X-Ray equipment, ultrasound equipment, disposable syringes, disposable blood bags, pacemakers, IV fluid sets and ECG equipment also. Further the report provides information on companies like Wipro GE Healthcare Pvt Ltd, Hindustan Syringes & Medical Devices Ltd and Opto Circuits (India) Ltd. The report shares vital information like shareholding pattern and financial summary of the key companies. The next segment provides complete financial comparison of medical device companies in India and buyers of medical devices (Hospitals). It covers contact information like address of registered office, key financials like plant location, raw material consumption and financial comparison covering balance sheet, profit & loss account and financial ratios. The industry has managed to reduce its dependency on imports and has expanded its manufacturing base owing to the towering demand experienced for affordable devices. The growth of healthcare sector in India will be a major boost for the device market. Rising incidence of lifestyle diseases due to changing lifestyles of Indian population and lack of physical exercise will be another feather in the hat. Other factors that will contribute to its glory are favorable demographics, increasing government focus on the sector, rapid spread of the health awareness and India emerging as the medical tourism hub of the world. On the back of the above mentioned factors the size of the Indian medical device industry will jump to INR 761 billion by 2017 registering a CAGR of 20% during 2012-17. Reasons for Buying this Report: • This research report helps you get a detail picture of the industry by providing overview of the industry along with the market structure and classification • The report provides market analysis covering major growth driving factors for the industry, latest market trends and regulatory framework of the industry • This report helps to understand the present status of the industry by elucidating a comprehensive SWOT analysis and scrutiny of the demand situation • Report provides analysis and in-depth financial comparison of major players/competitors • Report provides indispensable buyers data with their company financials as well as the contact details, which can be an important tool in identifying the target customers. • The report provides forecasts of key parameters which helps to anticipate the industry performance Our Approach: • Our research reports broadly cover Indian markets, present analysis, outlook and forecast for a period of five years. • The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players • We use reliable sources of information and databases. And information from such sources is processed by us and included in the report TABLE OF CONTENTS 1. OVERVIEW 1.1 Global Medical Device Industry 1.2 Indian Medical Device Industry 1.2.1 Classification of the Industry 2. MARKET ANALYSIS 2.1 Industry Growth Drivers 2.1.1 Burgeoning medical tourism 2.1.2 Growth of the hospital sector 2.1.3 Rising Health Awareness 2.1.4 Escalating Incidence of Lifestyle Diseases 2.1.5 Rising Life Expectancy 2.1.6 Increased Government Focus 2.2 Emerging Trends in the Industry 2.2.1 Refurbished Equipment 2.2.2 Increasing Investments 2.2.3 Rising Mergers & Acquisitions 2.2.4 Focus on Affordable Manufacturing 2.3 Regulatory Framework & Government Initiatives 2.3.1 Status of Regulations 2.3.2 Governing Bodies 2.4 SWOT Analysis 2.4.1 Strengths 2.4.1.1 Ready Market Base 2.4.1.2 Favorable Demographics 2.4.1.3 Part of the Recession Proof Industry 2.4.2 Weaknesses 2.4.2.1 Improper Legislation 2.4.2.2 Lack of Funding and R&D 2.4.2.3 Lack of Trained Personnel 2.4.3 Opportunities 2.4.3.1 Growing Disposable Incomes 2.4.3.2 Government Spending on Healthcare 2.4.3.3 Low Medical Device Penetration 2.4.4 Threats 2.4.4.1 Competition 2.4.4.2 Low Healthcare Penetration 3. MARKET POTENTIAL 3.1 ECG Equipment 3.2 Disposable Syringe 3.3 Disposable Blood Bags 3.4 X-Ray Equipment 3.5 Ultrasound Equipment 3.6 IV Fluid Sets 3.7 Pacemakers 4. KEY PLAYERS 4.1 Hindustan Syringes & Medical Devices Ltd 4.2 Opto Circuits (India) Ltd 4.3 Wipro GE Healthcare Pvt Ltd 5. KEY FINANCIALS & ANALYSIS 5.1 Players in the Segment 5.1.1 Contact Information 5.1.1.1 Registered Office Address 5.1.1.2 Director’s Name 5.1.2 Key Financials 5.1.2.1 Plant Location 5.1.2.2 Raw Material Consumption 5.1.2.3 Plant Capacity & Sales 5.1.3 Financial Comparison 5.1.3.1 Assets 5.1.3.2 Liabilities 5.1.3.3 Growth in Assets & Liabilities 5.1.3.4 Structure of Assets & Liabilities 5.1.3.5 Income & Expenditure 5.1.3.6 Growth in Income & Expenditure 5.1.3.7 Profits 5.1.3.8 Liquidity Ratios 5.1.3.9 Profitability Ratios 5.1.3.10 Return Ratios 5.1.3.11 Working Capital & Turnover Ratios 5.2 Buyers of the Industry’s Product 5.2.1 Registered Office Address 5.2.2 Financial Comparison 5.2.2.1 Assets 5.2.2.2 Liabilities 5.2.2.3 Income & Expenditure 6. INDUSTRY SIZE & OUTLOOK LIST OF FIGURES & TABLES Figure 1 Global Medical Device Industry- Market Size (2006-17, In USD Billions) Figure 2 Indian Medical Device Industry- Structure Figure 3 Indian Medical Device Industry- Segmentation Figure 4 Medical Tourist Arrivals in India (2005-15E, In Nos.) Figure 5 Indian Hospital Sector- Market Size (2008-17, In USD Billions) Figure 6 Health Insurance Premium (FY08-13, In INR Billions) Figure 7 Per Capita Health Expenditure (2006-11, In USD) Figure 8 World Diabetics Statistics (In Millions) Figure 9 Percentage of Population with Lifestyle Diseases Figure 10 Population Distribution of India Figure 11 Private Equity Deals in Indian Medical Device Sector (FY08-14) Figure 12 Population of India (2008-17E, In Millions) Figure 13 Population Growth of 60+ years in India Figure 14 Indian Healthcare Industry- Market Size (2008-17, In USD Billions) Figure 15 India's Annual Per Capita Income (2008-13, In INR) Figure 16 Plan Outlay for Health Sector in 5 Year Plans (In INR Billions) Figure 17 Per Capita Expenditure on Medical Devices in Various Countries (In USD) Figure 18 Beds Per 1000 Population Figure 19 Demand for ECG Equipment in India (2008-17, In Units) Figure 20 Indian ECG Equipment Market- Industry Size (2008-17, In INR Millions) Figure 21 Demand for Disposable Syringes in India (2007-17, In Billion Nos) Figure 22 Demand for Disposable Blood Bags in India (2007-17, In Million Nos.) Figure 23 Demand for X-Ray Equipment in India (2009-17, In Units) Figure 24 Indian X-Ray Equipment Industry - Market Size (2008-17, In INR Millions) Figure 25 Demand for Ultrasound Equipment in India (2009-17, In Units) Figure 26 Indian Ultrasound Equipment Industry- Market Size (2009-17, In INR Millions) Figure 27 Demand for IV Fluid Sets in India (2007-17, In Million Bottles) Figure 28 Demand for Pacemakers in India (2007-17, In Nos.) Figure 29 Opto Circuits (India) Ltd- Shareholding Pattern (Dec 2013) Figure 30 Medical Device Industry in India- Market Size (2008-17, In INR Billions) Table 1 Classification of Medical Devices in India Table 2 Private Equity Investments in Indian Medical Device Sector (FY14) Table 3 Domestic Mergers & Acquisitions in the Sector Table 4 Outbound Mergers & Acquisitions in the Sector Table 5 List of Notified Medical Devices Table 6 Acquisitions by Opto Circuits (India) Ltd Table 7 Opto Circuits (India) Ltd- Financial Summary (2011-13) Table 8 Opto Circuits (India) Ltd- Segmental Performance (2010-13, In INR Millions)
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Disposable Plastic Syringes - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

A syringe is a simple piston pump consisting of a plunger that fits tightly in a tube. The plunger can be pulled and pushed along inside a cylindrical tube (the barrel), allowing the syringe to take in and expel a liquid or gas through an orifice at the open end of the tube. The open end of the syringe may be fitted with a hypodermic needle, a nozzle, or tubing to help direct the flow into and out of the barrel. Disposable Syringes made of plastic Material have been successfully used in medical and pharmaceutical practice for many years. The constantly increasing use of this type Syringe indicates its importance, which is based mainly on the advantages it offers regarding cost and hygienic applications. Disposable syringes commonly are used in modern medicine for the injection of drugs and vaccines or for the extraction of blood. The often are used instead of reusable syringes in an effort to avoid spreading a disease. Among the common uses of disposable syringes are the injecting of insulin by a diabetic person and the administering of a local anesthesia by a dentist. The market for non-premium equipments, appliances and disposables is, however, dominated by the domestic manufacturers, while foreign suppliers and Indian companies with foreign alliances dominate the high-end hi-tech medical equipment and appliances. Among the leading providers of advanced products are Siemens, GE, Philips Medical Systems, Toshiba, Hitachi and Boston Scientific. So any new entrants can venture in to this industry. Few Indian Major Players are as under:- Albert David Ltd. Disposable Medi-Aids Ltd. H L L Lifecare Ltd. Hindustan Syringes & Medical Devices Ltd. Iscon Surgicals Ltd. La Medical Devices Ltd. Lifeline Injects Ltd. Lifelong Meditech Ltd. Nirma Ltd. Raaj Medisafe India Ltd. Sangam Health Care Products Ltd. Surgiplast Ltd.
Plant capacity: Syringes (2 ml) : 90 Lakh Nos. /Annum,Syringes (5 ml) : 90 Lakh Nos. /AnnumPlant & machinery: Rs. 245 Lakhs
Working capital: -T.C.I: Cost of Project : Rs. 455 Lakhs
Return: 26.00%Break even: 46.00%
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Disposable Needles - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Disposable needles are widely used by doctors for injection purpose with the help of syringes. With the increase in population in our country, requirement of medicine and injections has increased. For more strength of people more number of needles is required with syringes. For quick relief, needles are used by surgeons, dental surgeons, Veterinary Surgeons, and by the breeders in the poultry farm, where the farm birds are periodically injected against epidemics. Surgical needles are of two types: those which have an eye through which the suture is threaded and eyeless needles where the suture is inserted into the hollow hilt and held in position by swaging the metal around it. The first patent on an eyeless needle was obtained by the late Sir Henry Souttar in 1921 but in the U.K. their use has only increased appreciably in the past few years. In the U.S.A. 70 percent of the suture needles are of the cycle’s type. The various components of Hypodermic needle shall be made from the following materials shown against each. • The Hub shall be made from free specially treated nylon/ PVC tube. • Stillete- Stillete shall be hard drawn hollow brass wire or stainless steel wire and supplied one for each needle. Hindustan Syringes and Beckton & Dickinson had launched Auto Disposable (AD) syringes. The new age AD syringe makes re-use impossible by locking the plunger after the medicine is injected. It cannot draw on the medicine a second time. In the field of cannulae and blood bags, Poly Medicure has emerged as a significant player. In the Indian single uses syringes market, which is nearly 1.5 bn units strong, Hindustan Syringes and Medical Devices (HMD) enjoys a 65% market share. Imports constitute 10% of this market. In the single use needles market, HMD has a 70% market share, followed by imported brands with a 25% market share. The size of the local needles market is 2.5 bn units per annum. Dispovan is the dominant brand in India, and it has been able to maintain and increase its market share in face of stiff competition from multinational and domestic challengers. So any new entrants can venture in to this industry.
Plant capacity: 1500000 Nos. / DayPlant & machinery: Rs. 585 Lakhs
Working capital: -T.C.I: Cost of Project : Rs. 945 Lakhs
Return: 29.00%Break even: 43.00%
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BLOOD BAGS - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics

Blood bag is a disposable bio-medical device used for collection, storage, transportation and transfusion of human blood and blood components. The system consists of a single or multiple bag connected with tubings, needle, needle cover, clamp etc. The Blood Bags are made of plastic-material, which are compatible with blood. The introduction of flexible PVC bags for the storage of blood and its components totally replaced the use of glass bottles because of its numerous advantages. Blood bags enable better separation of blood components in a more sterile manner and safer transfusion of components. This has led to increasingly wider use of blood component therapy than whole blood use, thus enabling more effective use of the scarce donor blood that is available. Blood Bags can successfully replace the use of glass bottles for collection storage, transportation and transfusion of blood and blood components since bottles require exhaustive cleaning, rinsing and autoclaving procedures and there are chances of breakage at any stage. Further, use of disposable bags eliminates the possibility of any contamination. Blood bags contain an anticoagulant solution and a red blood cell preservative solution, and are used in blood banks which both collect donor blood and separate blood components. Blood bags are made from imported, medical grade PVC granules & sheets in Class 10000 Clean room environments. Increase in the healthcare facilities will further act as a driver for the growth of medical devices sector in India. The blood bag market is expected to grow further in the coming years owing to continuous developments and rising demand for better blood collection technology. As a whole it is a good project for new entrepreneurs to invest.
Plant capacity: 30000 Nos./DayPlant & machinery: Rs 170 Lakhs
Working capital: -T.C.I: Cost of Project:Rs 1221 Lakhs
Return: 27.00%Break even: 65.00%
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Black Braided Silk Sutures (Non–Absorbable Surgical Suture) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study

There are so many fibres available which has property of non absorbing among those fibres are nylon, Terelene, polyesters etc are synthetic fibre. Silk is one of the natural fibres which have no side effect on the body and costly items. Silk has large used in the preparation of gargious dresses and special type dresses. Black braided silk is one of the largely used in the silk zone. Sterile zone is defined as such a way, room is free from bacteria, a special type zone which is totally bacterial free by using micro filters or by physical method, of treatments like U.V. treatment, gama radiation treatment etc. or by the chemical treatment (like ozone treatment, chlorine treatment, etc). Silk thread has some specific property which can takes much more tensile stress and strains within specific thickness. It is also heat sensitive. Heating it can be condensed much more and behave like metallic threads. For manufacturing of black braided suture, there is require of silk thread, special type chemicals as raw material. There is required an oven and rotary drum for manufacturing of black braided suture. It is used in the Hospital, Nursing Home for especial purpose in the surgical ward. Black Braided Silk is indicated in General Surgery, Dental Surgery, Plastic Surgery, Ophthalmic Cuticle Closure, Skin Closure, Closure General, Cardiovascular, Gastroenterology, Gastrointestinal, Gynecology/Obstetrics, Episiotomy, Neurosurgery and Bonding. Surgical Sutures are medical devices used to repair damaged tissue by closing the edges of a wound, holding body tissues together after an injury or surgery. The surgical equipment industry was worth USD 5.2 billion in 2011 and will reach USD 7.5 billion in 2017 according to some projections. Few Indian Major Players are as under • Centenial Surgical Suture Ltd. • H L L Lifecare Ltd. • Johnson & Johnson Pvt. Ltd. • T T K Medical Devices Ltd.
Plant capacity: Black Braided Silk Surgical Sutures:250 Boxes/DayPlant & machinery: Rs 63 Lakhs
Working capital: -T.C.I: Cost of Project:Rs 146 Lakhs
Return: 24.20%Break even: 54.09%
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Surgical Hand Gloves - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Surgical gloves are personal protection equipment (PPE) designed to protect clinicians in operating room (OR) environments. The primary purpose of surgical gloves is to act as a protective barrier for surgeons and nurses to prevent possible transmission of diseases or pathogens during procedures while working with surgical instruments. Similar to medical examination glove, surgical glove standards are governed by the Food and Drug Administration (FDA) within the United States. However, the FDA requires manufacturers to meet a higher level of quality standards for surgical gloves. All surgical gloves are sterilized and package sealed in pairs for individual use. The sterilization of surgical gloves is standard as surgical procedures often involve open wound operation. Today, surgical gloves are made from a variety of materials which include latex, polyisoprene, neoprene, and nitrile. A glove is a type of garment which covers the hand of a human. Gloves have separate sheaths or openings for each finger and the thumb; if there is an opening but no covering sheath for each finger they are called "fingerless gloves". Sterile surgical gloves are used to protect patients and health care workers (HCWs) from infection during surgery and to shield HCWs from exposure to blood borne pathogens. Latex gloves have been used since the nineteenth century, initially by nurses to protect their hands and eventually by surgeons to protect patients from microorganisms. Powder-free medical gloves are also used in medical clean room environments, where the need for cleanliness is often similar to that in a sensitive medical environment. As a whole it is a good project for entrepreneurs for investment. Few Indian Major Players are as under o Asian Latex Ltd. o Casil Health Products Ltd. o Casil Health Products Ltd. o Casil Industries Ltd. o J K Ansell Ltd. o Mega Meditex Ltd. o Shiva Medicare Ltd. o T T K Biomed Ltd.
Plant capacity: 8000 Pairs/DayPlant & machinery: Rs 160 Lakhs
Working capital: -T.C.I: Cost of Project:Rs 301 Lakhs
Return: 25.36%Break even: 48.83%
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