Dec, 2012 | By Anil Kumar, Ujjwal Chaudhry
Key trends in Indian Imaging Equipment market
Indian Imaging equipment market is growing at 14% CAGR
Anil Kumar
CEO
Ujjwal Chaudhry
associate director
650 Mn USD Indian Imaging equipment market is growing at 14% CAGR
India Imaging Equipment Market
In USD Million (2010- 2018)
MRI and CT Scan account for 40-50% of Imaging equipment market
Market Share by modality In % (2012)
Indian imaging market is following the typical 'emerging markets path'
Lessons from other emerging market industries % Market Share (2000-08; China Mobile Market)
Local companies are capturing market by selling refurbished equipment
New vs refurbished equipment % Market Share (2012)
....despite multiple issues faced by customers
Customer issues Refurbished equipment
Local companies sell more aggressively compared to MNCs
Local companies- sales strategy Key points
It is important to understand local dynamics for an effective sales strategy
Structured sales approach and differentiated offerings can increase sales
Increasing sales effectiveness Key points
For RedSeer Offerings please contact us at query@redseer.com
- CATEGORIES
-
Recent Insights
Fintech Market Updates
P2P payments account for the largest share of India digital payments market and are currently non-monetizable; other categories are driving …[...]
Online Grocery Market Updates
India’s hyperlocal e-grocery market is growing at triple-digit rates, with sector specialists continuing to lead the market Published on: Jun …[...]
Food-tech Market Updates
Non-metros rapidly acquiring a taste for food tech Published on: Jun 2019 India’s food tech expansion is no longer a …[...]
Online Mobility Market Updates
Emerging categories within online mobility space growing rapidly Published on: Jun 2019 For the longest while, India’s ride-hailing space was …[...]
E-tailing Market Updates
E-Tailing market finally moves away from mobiles and electronics categories Published on: Jun 2019 The Indian e-tailing ecosystem always had …[...]
Change is Here to Stay
Indian mid-market hotel industry is expected to grow at 10% to reach USD 4.4Bn by 2019[...]
Online Retail Market Updates
Home & Living market in India stands at ~USD 28 Bn. and is set to reach ~USD 50 Bn. in …[...]
Online Insurance Market Updates
Digital insurers are tapping multiple channels, and launching innovative new products to drive their share in the competitive Indian Insurance …[...]
Consumer Internet Updates
Significant opportunity present for OTT music and video streaming players to drive user base growth in Bharat Published on: Jun …[...]
Digital B2B Market Updates
Massive opportunity in digitization of B2B procurement Published on: May 2019 The purchase of manufacturing raw materials (RMs) and MROs …[...]
Ed-tech Market Updates
The upcoming vernacular revolution in edtech Published on: May 2019 The first wave of edtech companies saw players focusing on …[...]
OTA/Hotel Aggregators Market Updates
Hotel Aggregators Saw a 40% YoY Growth in GBV Terms During Q1CY19 Published on: Apr 2019 In Q1CY19, leading hotel …[...]
Childcare Market Updates
Online Childcare: Convenience and Product Quality drive purchase decisions; Lead time and Return experience needs to improve Published on: Apr …[...]
Online Interior Design Market Updates
Customization and Lead qualification key to scalability in the Online Interior Design market Published on: Apr 2019 Online Interior Design …[...]
Online Retail Insights | Middle-East
Online shoppers in MENA are making 15-20% of shopping through online channels Published on: Apr 2019 RedSeer estimates the e-tail …[...]
