1) GE Healthcare has the largest market share and highest turnover of $146,045 billion among major competitors in the healthcare industry such as Johnson & Johnson, Siemens Healthcare, and Medtronic. 2) While Siemens Healthcare has the highest number of employees, GE Healthcare has achieved the highest turnover with fewer employees, demonstrating higher capital efficiency. 3) Forecasting models like Weka and SPSS show that forecasts of GE Healthcare's future price and volume are generally accurate, with SPSS predicting price rises and stability at a certain level over time.

1. VIT BUSINESS SCHOOL
Market Analysis of Healthcare Sectors
COMPANY NAME: GE HEALTHCARE
PRODUCTION
Anamika Dey

2. Contents
VIT Business School: ............................................................................................ 3
Introduction to Healthcare Sectors: ....................................................................... 4
INTRODUCTION TO GE HEALTHCARE ..................................................................... 5
TYPES OF PRODUCTS IN GE HEALTHCARE: ............................................................. 6
Market Share Analysis ........................................................................................... 7
TURNOVER OF THE COMPANY ............................................................................... 8
BARCHART REPRESENTING TURNOVER & NO.OF EMPLOYEES ............................... 9
Capital Labour Ratio ............................................................................................. 10
Company Analysis ................................................................................................ 11
CONCLUSION ....................................................................................................... 12
REFERENCE: ......................................................................................................... 13

3. VIT Business School:
VIT University was established in 1984 by well-known educationalist and former parliamentarian, Dr. G. Viswanathan, Founder and Chancellor. Dr. V. Raju, Former Professor of State University of New York, USA, currently the Vice Chancellor, Dr. Anand A. Samuel, Pro-Vice Chancellor. Chennai Campus is in Vandalur-Kelambakkam Road.VIT University has more than 17 Bachelor’s and 32 Masters’ programmes, 29000 (including 1000 foreign students from 44 countries) and 4000 faculty members Accreditation:  The National Assessment and Accreditation Council (NAAC) of the University Grants Commission (UGC) has accredited the university with a 'A'.  The Institution of Engineering and Technology (IET), and the Energy Institute, UK have audited the teaching-learning processes at VIT and accredited the programmes in 2004, with the highest validity of five years  Programmes at VIT are accredited by the Institution of Engineers, India (IEI).  The Accreditation Board for Engineering and Technology (ABET) of the USA accredited the Civil, Mech, CSE, biomedical, ECE, EEE programmes. VIT Business School, under the aegis VIT University has created a niche for itself as an institution promoting excellence in management education and research with Dr. M J Xavier as its Executive Director.

4. Introduction to Healthcare Sectors:
The health care industry, is an aggregation of sectors within the economic system that provides goods and services to treat patients with curative, preventive, rehabilitative, and palliative care.
The Global Industry Classification Standard and the Industry Classification Benchmark further distinguish the industry as two main groups:
1.Health care equipment and services; and
2.Pharmaceuticals, Biotechnology and related life sciences.
The health care equipment and services group consists of companies and entities that provide medical equipment, medical supplies, and health care services, such as hospitals, home health care providers, and nursing homes. The latter listed industry group includes companies that produce biotechnology, pharmaceuticals, and miscellaneous scientific services.

5. INTRODUCTION TO GE HEALTHCARE
GE Healthcare is one of the biggest manufacturing industry for Biomedical Instruments. GE Healthcare is a subsidiary of General Electric (GE), headquartered in Little Chalfont, Buckinghamshire, United Kingdom.In India it is located in Bangalore.
Some of the major competitors are:
 Johnson & Johnson
 Siemens Healthcare
 Medronics
 Baxter International
 Abbott Laboratories
 Boston Scientific
 Covedian
 Becton Dickinson
 Stryker Corporation

6. TYPES OF PRODUCTS IN GE HEALTHCARE:
 CT-Scan
 MRI Scan
 Patient monitoring
 Anesthesia Delivery
 Diagnostic ECG
 Haeodynamic Recorder
 Mammograghy
 PET/CT
 Maternal/Infant Care
 Radiography
 Ultrasound
GE as a whole also deals with various types of goods other than medical devices.Some of them are:
 Cooktops
 Dishwashers
 Dryers
 Filers & Accessories
 Refrigerators
 Microwaves
 Water Heaters

7. Market Share Analysis
CAPITAL TURNOVER: SL NO. NAME OF THE COMPANY TURNOVER 1 GE HEALTHCARE 1,46,045
2
SIEMENS HEALTHCARE
11818 3 JOHNSON & JOHNSON 71,312
4
MEDTRONIC
17,005 5 BAXTER INTERNATIONAL 15,259
6
ABBOTT LABORATORIES
21,848 7 BOSTON SCIENTIFIC 7,143
8
COVIDIEN
10,235 9 BECTON DICKINSON 8054
10
STRYKER CORPORATION
9,021

8. TURNOVER OF THE COMPANY
The above pie chart represents the turnover of the different companies in percentage.
GE has the highest turnover of 46 % followed by Johnson & Johnson.
The market share of GE is 262.99 billion.
22%
4%
46%
5%
5%
7%
2%
3%
3%
3%
johnson & johnson
siemens healthcare
GE
medronics
baxter international
abbott laboratories
boston scentific
covidian
becton dickinson
stryker corporation

9. BARCHART REPRESENTING TURNOVER & NO.OF EMPLOYEES
The Barchart represents the Turnover and Number of Employees together in different companies.
It shows that GE has the highest turnover as compared to its major competitors, Johnson & Johnson and Siemens.We see that Siemens has the highest number of employees but the turnover is very less because higher number of employees need to be paid and on the other hand the production is low.
0
50,000
1,00,000
1,50,000
2,00,000
2,50,000
3,00,000
3,50,000
4,00,000
johnson & johnson
siemens healthcare
GE
medronics
baxter international
abbott laboratories
boston scentific
covidian
becton dickinson
stryker corporation
TURNOVER & NO.OF EMPLOYEES
number of employees
turnover

10. Capital Labour Ratio
Labour turnover is the rate at which an employer loses and gains employees.
0
0.1
0.2
0.3
0.4
0.5
0.6
1
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3
4
5
6
7
8
9
10
LABOUR TURN OVER RATIO
labour turn over ratio

11. Company Analysis
WEKA (Analysis for one month)
SPSS(For one month)
Model Summary Model R R Square Adjusted R Square Std. Error of the Estimate 1 .581a .338 .264 .130 a. Predictors: (Constant), lagprc, lagvol The forecasted price is similar to the actual price with 98% accuracy.
0
5
10
15
20
25
30
1
2
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5
6
7
8
9
10
11
12
13
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18
19
20
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22
actualprc
forecasted

12. CONCLUSION
Turnover:
The pie chart shows that the turnover of GE Healthcare is higher with a turnover of $1,46,045 billion followed by Siemens and Johnson&Johnson.Therefore GE has the highest sales turnover in the global market.
Turnover and Number of Employees:
GE has the highest turnover as compared to its major competitors, Johnson & Johnson and Siemens. Siemens has the highest number of employees but the turnover is very less because more capital is required to pay wages to the employees rather than using the capital in Production of Goods.
Weka Forecasting:
The Forecast in Weka shows leaps and bounds in the beginning but eventually it gives a higher prediction for volume .
SPSS Prediction:
The SPSS forecast for GE Healthcare shows that the price rises and becomes stable at a certain level with higher accuracy as compared to the actual price.

13. REFERENCE:
www.wikipedia.com
www.nseindia.com
www.nyse.com
www.gehealthcare.com
For Further details Contact: Dr P James Daniel Paul, Professor, VIT- BS, Chennai, jamesdanielpaul.p@vit.ac.in Tel: +91 44 3993 1040 HP: +91 98402 94590 Anamika Dey,Student,VIT-BS,Chennai anumodest@gmail.com Ph.No: 8608270511