www.meramedicare.com
Competitive analysis for
Mera Medicare
Healthcare Industry
● Healthcare industry is growing at a tremendous pace
because of increasing expenditure by public and private
players.
● The market is expected to grow at annual growth rate of
17%.
● The total industry size is expected to touch USD 160
Billion by 2017.
● Rural India which forms 70% of population is the potential
demand source.
● India experienced high success rate in getting
Abbreviated New Drug Approvals(ANDA).
● There are vast opportunities for Investment and R&D.
Online Health care
● Online health care is slowly being introduced into the II
tier and III tier cities where there is increasing demand.
● There are only 26% players catering to 78% of the
population.
● This pegs Healthcae E-commerce as a fast growing
avenue.
● The niche market of online health retailers is huge and is
utilized by very few people.
● The rapid evolution of the shopping behaviour has made
this a booming industry.
● Online healthcare delivery system is the next big E-
Commerce sector in India.
Customer needs
● Consumers want online healthcare to be as easy as other
shopping experiences. They usually feel powerless and
lack control.
● The overall experience has to be improved by better
interactions and offer better product choices.
● There is an increasing acceptance of Tech-based
delivery.
● Factors that drive Customer Satisfaction are : Trust,
Simplicity, convienience and brand value.
● It has to be made accessible to more customers.
Competitors
Healthgenie:
● They specialize in providing periodic products.
● It is catalog based and supplys medicines on a weekly
/monthly/fortnight basis.
● It has high repeat business value.
● Provides products in segemnts of Elder care, woman
health care,nutrition supplements, diabetes and more.
● Spread around top 8 cities in the country.
● Maintain a very high profile CRM and have tie ups with
NGO's.
Competitors
Medidart
● Focus on providing medicines to your doorstep.
● One has to just upload their prescription the drugs will be
provided.
● It is only a Pharmacy network.
● Plans to revolutionize the moment within Health industry.
● It is available in every metro in the country.
Competitiors
Healthkart
● This reportedly has a huge funding of $22.5 million from
venture capitalists.
● It under took acquisitions to icrease customer base.
● It specializes in Vitamins, Supplements, Fitness and
Ayurveda.
● It is already in vogue around the world and is spreading
its base in India.
● It introduced a app which is used by around 80 Lakh
people.
Comparision
● Customer distribution- Healthkart has a huge customer base
than Medicare.
● Customer focus- Medicare has a niche focus on Generic
drugs which helps the overall growth. It shoul
● Economies of Scale- Healthkart and Healthgenie have better
Supply Chain and Customer Relations.
● Product innovation- Medicare has better prospects in this area
as it still has the market space to grow.
● Network- Medicare also focuses on the intercation within the
customers, doctors and professionals. This is beyond the
supply of the drugs.
Comparitive Advantage
● Enjoy amazing offers and discounts.
● Benefits ensured to the suppliers as well.
● Get competitive pricing for better choice.
● Additional benefits like maintaing medical history, remainder of
treatments....
● Provides complete information about the medicine.
● Instant reach and delivery.
Suggestions
● Increase the visibility by better partnerships.
● Focus on the mobile commerce.
● Increase the ways of delivery.
● Procure more funding.
● Concentrate on expansion into various cities.
● Work on superior Supply Chain Management.

Competitive Analysis on Mera Medicare

  • 1.
  • 2.
  • 3.
    Healthcare Industry ● Healthcareindustry is growing at a tremendous pace because of increasing expenditure by public and private players. ● The market is expected to grow at annual growth rate of 17%. ● The total industry size is expected to touch USD 160 Billion by 2017. ● Rural India which forms 70% of population is the potential demand source. ● India experienced high success rate in getting Abbreviated New Drug Approvals(ANDA). ● There are vast opportunities for Investment and R&D.
  • 4.
    Online Health care ●Online health care is slowly being introduced into the II tier and III tier cities where there is increasing demand. ● There are only 26% players catering to 78% of the population. ● This pegs Healthcae E-commerce as a fast growing avenue. ● The niche market of online health retailers is huge and is utilized by very few people. ● The rapid evolution of the shopping behaviour has made this a booming industry. ● Online healthcare delivery system is the next big E- Commerce sector in India.
  • 5.
    Customer needs ● Consumerswant online healthcare to be as easy as other shopping experiences. They usually feel powerless and lack control. ● The overall experience has to be improved by better interactions and offer better product choices. ● There is an increasing acceptance of Tech-based delivery. ● Factors that drive Customer Satisfaction are : Trust, Simplicity, convienience and brand value. ● It has to be made accessible to more customers.
  • 6.
    Competitors Healthgenie: ● They specializein providing periodic products. ● It is catalog based and supplys medicines on a weekly /monthly/fortnight basis. ● It has high repeat business value. ● Provides products in segemnts of Elder care, woman health care,nutrition supplements, diabetes and more. ● Spread around top 8 cities in the country. ● Maintain a very high profile CRM and have tie ups with NGO's.
  • 7.
    Competitors Medidart ● Focus onproviding medicines to your doorstep. ● One has to just upload their prescription the drugs will be provided. ● It is only a Pharmacy network. ● Plans to revolutionize the moment within Health industry. ● It is available in every metro in the country.
  • 8.
    Competitiors Healthkart ● This reportedlyhas a huge funding of $22.5 million from venture capitalists. ● It under took acquisitions to icrease customer base. ● It specializes in Vitamins, Supplements, Fitness and Ayurveda. ● It is already in vogue around the world and is spreading its base in India. ● It introduced a app which is used by around 80 Lakh people.
  • 9.
    Comparision ● Customer distribution-Healthkart has a huge customer base than Medicare. ● Customer focus- Medicare has a niche focus on Generic drugs which helps the overall growth. It shoul ● Economies of Scale- Healthkart and Healthgenie have better Supply Chain and Customer Relations. ● Product innovation- Medicare has better prospects in this area as it still has the market space to grow. ● Network- Medicare also focuses on the intercation within the customers, doctors and professionals. This is beyond the supply of the drugs.
  • 10.
    Comparitive Advantage ● Enjoyamazing offers and discounts. ● Benefits ensured to the suppliers as well. ● Get competitive pricing for better choice. ● Additional benefits like maintaing medical history, remainder of treatments.... ● Provides complete information about the medicine. ● Instant reach and delivery.
  • 11.
    Suggestions ● Increase thevisibility by better partnerships. ● Focus on the mobile commerce. ● Increase the ways of delivery. ● Procure more funding. ● Concentrate on expansion into various cities. ● Work on superior Supply Chain Management.