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A study on textile medical devices india

A study on textile medical devices india



Textile medical Device India

Textile medical Device India



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  • The purchasing power of India’s middle class people (about 200 million) is found to be Rs. 5000 to Rs. 10000 on an average per person every year primarily on preventive care and health checkups. The children in these families are potential consumers for all kinds of baby diapers, baby wipes etc. The currently low penetration of these products provides an untapped market for new entrants to India.
  • The consumers for disposable nonwoven products in the age group of 18 to 35 is nearly 500 million. This group is well educated and has high enough disposable income to afford nonwoven disposable products.

A study on textile medical devices india A study on textile medical devices india Presentation Transcript

  • A Study On Textile Medical Devices In India Sujeet Kumar Sahoo Abishek Kumar
  • Maslow’s hierarchy of needs India’s middle class people about 200 million Purchasing power Rs. 5000 to Rs. 10000 average per person on health Medical
  • Medical Textile In India • Combination of textile technology and medical sciences • Enhances the comfort of the users and converts the painful days of patients into the comfortable days • It is one of the rapidly growing sectors in the technical textile market. • Medical textiles find applications in medical and biological sectors. • They are used for first aid, rehabilitation, hygienic purposes, or clinical purpose. • Restraining factors affecting the industry are high setup cost, lack of proximity of raw materials to industries, lack of awareness among people of India. One of the rapidly expanding sectors in the technical textile market
  • Classification Protective & Healthcare textiles External devices Medical Textiles Implantable material/ Dental products Extra corporeal devices Hygiene textiles •Surgical Gowns, Drapes,Sterilisation wraps, staff uniform,facemasks,bedding •Wound/orthopedic dressing, pressure garments & prosthetic socks •Surgical sutures ,vascular grafts & artificial ligaments/ Toothbrush filaments •Blood filters, artificial lung/kidney etc •Baby diapers, feminine hygiene products & adult incontinence diapers Healthcare and Hygiene are the key areas for PP NW FICCI National Conference
  • Medical Textile  Medical textiles have emerged as one of the fastest growing segments in the Consumption(100 crores) global textiles market .  70 per cent of the medical textiles consumption in India was through imports.  From around Rs. 1,500 crore in 2007-08, the domestic consumption on Meditech is expected to make a 50% 50 45 40 35 30 25 20 15 10 5 0 2007-08 2011-12 2015-16 2019-20 increase to around Rs. 2,300 crore by the year 2012-13.  CAGR of 9% to 10% is expected in the coming years.  Because of high initial investment required in R&D, there are very few manufactures of Meditech products existing in India. Source: Development of Medical Textile Market, Robert Czajka , 2005
  • The major growth drivers for medical textiles in India are: • Increasing health consciousness. • Rising disposable income. • Rising living standard of the people. • Increasing interest in healthcare issues based on ageing, comfort, longer-living and affluent population. Management news B-school Newdelhi 2011KIT: Medical Textiles Market in India
  • Trends  Latest developments include non-woven scaffolds used for partial replacement of skin, sole used inside the diabetic shoes, bandages using bamboo fibers and barbed bi-directional sutures.  Non Woven textiles usage grew from 1.5 million tons in 2000 to 23 million tons in 2010 (CAGR 31%) Smart fabrics : end use markets,2011 (% share by value INR 12 billion)  Nano-technique has acquired tremendous Fashion and entertainment 11% impulse in the last decade. sports and fitness 16%  The market for smart fabrics is valued at INR 12 billion in 2011 and forecast to see a CAGR of almost 23% to 2016. Medical and healthcare 6% Transportation 15% Home/Architect ure/other 22% Protection snd safety/military 30%  Domestic production in India mostly focuses on low technology products. Government is encouraging Medical Textiles Production. Source : Smithers Apex
  • Opportunities  Consumption is increasing rapidly  Pvt. Hospital chains are growing  Doctors/Patient awareness for hygiene is increasing  Medical tourism Challenges  China has become very strong in most of healthcare & hygiene products  There are very few BIS standards in place leading to substandard quality products being used  Export benefits like DEPB not notified for many products
  • Bandages  The plasters & bandages category was valued at INR 450 million in 2009, representing a CAGR of 8.6% since 2004.  By the end of 2014, the plasters & bandages category will be worth INR 600 million, with an expected CAGR of 6.1% between 2009 and 2014. Medical Textile Bandage &Disposal 25% Others 75% Market share Others 42% Johnson & Johnson 58%
  • Swabs • The most common use for cotton swabs is to clean or scratch the ear canal and/or to remove earwax. • 8% growth has been predicted in the swab market in the country. •Johnson & Johnson is the leader in this segment with market share of 80% in 2012.
  • Gauze Gauze was originally made of silk and was used for clothing. Types of Gauze available: Gauze Swab Meek Gauges Absorbent Gauze cloth Alcohol Gauze
  • Wound Management Wound Management Products Market Reaches $15.2 Billion by 2016, Driven by Rising Demand for Bandages and Dressings in Developing World. In Advance wound management business Europe has 53% of world wide sales. Current estimate ( World wide ) ‐9 million chronic wounds ‐177 million cases of diabetes ( 10% to 15% patients will develop ulcers at some point ) ‐Rs1000 crores potential estimated for wound care management products ( 2012‐2013) ‐300 Types of Products for different applications
  • Source : BBC Research
  • Negative Pressure Wound Therapy • NPWT is a therapeutic technique using a vacuum dressing for chronic & acute healing. • This therapy has become useful for diabetic ulcers patient . • Kinetic Concept Inc has developed the machine after that it become world famous for healing the chronic wound.
  • Our Observations Trend Demand of the medical textile are increasing year on year. Quality of branded products is substantially better than non branded products. But the Branded products are charging very high price than the local Manufacturers ` Few of the Medical textile players in Meerut are • Johnson & Johnson • Acme • Romsons • Aro Kleen • lakhani • 3M Profit Margin is very high (for retailers) in non branded medical textile products compared to branded ones. Price Differentiation 32 8 local Brand
  • Our Observations More than 40% product design and quality changes after 1 year and innovation takes place continuously. Focus on retailers near govt. hospitals and doctors in private hospitals. Low awareness of the products leads people to favor non branded products. Product Change Average people spent more than 60% of what he/she has spend earlier on the side effects of the poor quality products Yes 40% Low visibility Datt Medicare products are in Meerut. No 60%
  • Conclusion  Medical Textile Industry is highly fragmented and products (local) are not standardized.  As medical procedures continue to develop, the demand for textile materials is bound to grow.  Growth rates are above average as a result of increases in consumption in developing countries in Asia and growth rates in the Western market.  The prospects for medical textiles are rather better, especially for nonwoven materials and disposable medical textiles used in surgical rooms.
  • REFERENCES Management news B-school, Newdelhi 2011KIT: Medical Textiles Market in India Technical Textiles – What India need to do now-Dr. Arup Rakshit, Manisha Hira & U. K. Gangopadhyay,Synthetic & Art silk Mills’ Research Association,SASMIRA, Worli, Mumbai Smith and Nephew Opportunities for healthcare and medical textiles growth’, Technical Textiles International, 2003. SITRA CENTER OF EXCELLENCE FOR MEDICAL TEXTILES N.Arun “Man Made Textiles in India”Sep.2000, Vol.XLIIIp411-415 Dr.V.K.Kothari, Journal of the Textile Association –Nov.-Dec.2006.vol.67 p 181-185 textilelearner.blogspot.in/2012/02/introduction-of-medical-textiles.html http://www.fibre2fashion.com http://www.medicalbuyer.co.in/index.php?option=com_content&task=view&id=4860&Itemid=92 (http://www.transparencymarketresearch.com/medical-textiles-market.html)
  • Master School Of Management Meerut