Insert Cover Image using Slide Master View Do not distort
Dental Implant Market – India November 2014
Executive Summary
Market
Indian market for dental implants is forecasted to grow at a CAGR of x% to reach INR ‘h’ bn by 2018 While titanium continues to be the favored material for making dental implant, other alternatives are also being developed
Drivers
Drivers & Challenges
Trends
Challenges
Changing demographic structure Increasing healthcare spending Booming medical tourism Rapid expansion of dental clinic chains Advantages over conventional options
More Expensive than conventional methods Apathy towards dental treatment
Growth in dental treatment Cheap dental implants Improvements in technology Major Players
Competition
Company 1
Company 2
Company 3
Company 4
DENTAL IMPLANT MARKET IN INDIA 2014.PPT
2
•Macroeconomic Indicators •Introduction
•Market Overview •Drivers & Challenges •Trends •Competitive Landscape •Strategic Recommendations
•Appendix DENTAL IMPLANT MARKET IN INDIA 2014.PPT
3
Economic Indicators (1/3) GDP at Factor Cost: Quarterly INR tn 15
13
d1 c1 b1
12
a1
14
c4 b4 a4
c3 b3 a3
d2 c2 b2 a2
11
Q1
Q2 2010-11
2011-12
2012-13
Q3 2013-14
Q4
Inflation Rate: Monthly % 2 1
p
r
s
q
0 -1
-t
-2
Jul 2013 - Aug 2013
Aug 2013 - Sep 2013
Sep 2013 - Oct 2013
Oct 2013 - Nov 2013
DENTAL IMPLANT MARKET IN INDIA 2014.PPT
Nov 2013 - Dec 2013 4
Dental implant market in India is poised to grow in the coming years Dental Implant Market – Overview (1/2) • Dental implant market in India is growing at a rapid rate on the backdrop of an increasing aging population and growing awareness regarding the benefits of implants • A wide variety of dental implants are available in the country, which vary in price considerably • Most implants available in the country are imported by the local subsidiaries and distributors of renowned foreign companies such as Company 1, Company 2, and Company 3 • Very few Indian companies have managed to survive in this market since their products, generally cheaper than those of foreign brands, are considered to be of low quality • However, the huge difference in price of implant surgeries in India compared to developed countries is leading to high inflow of foreign patients, which is aiding growth in the market
Market Size & Growth INR bn 5
h
4
x
3
d
2 1
a
b
c
g f
0 2012
2013
2014e
2015e
2016e
DENTAL IMPLANT MARKET IN INDIA 2014.PPT
2017e
2018e
5
Drivers & Challenges – Summary
Drivers Changing demographic structure
Challenges
Increasing healthcare spending
More expensive than conventional methods
Booming medical tourism
Apathy towards dental treatment
Rapid expansion of dental clinic chains Advantages over conventional options
DENTAL IMPLANT MARKET IN INDIA 2014.PPT
6
Trends – Summary
Growth in dental treatment
Key Trends Improvements in technology
Cheap dental implants
DENTAL IMPLANT MARKET IN INDIA 2014.PPT
7
Porter’s Five Forces Analysis Impact Threat of New Entrants
Impact
Impact
Impact
Bargaining Power of Suppliers
Competitive Rivalry
Bargaining Power of Buyers
Impact
Threat of Substitutes
DENTAL IMPLANT MARKET IN INDIA 2014.PPT
8
Competitive Benchmarking – Private Companies (1/3) Key Ratios of Top 2 Companies – Operational Basis (FY 2013) (1/3) Operating Margin
Net Margin
%
5
a1
a2
b2
0 -5 -b1
-10 Company 1
Company 2
• Company 1 recorded operating margin of a1%, higher than that of Company 2 which recorded operating margin of a2% • Net margin was higher for Company 2 which recorded a net margin of b2%, compared to Company 1 which recorded net margin of –b1%
DENTAL IMPLANT MARKET IN INDIA 2014.PPT
9
Private: Foreign Company – Company 1 (1/5) Company Information
Offices and Centres – India
Corporate Address Tel No. Website Year of Incorporation
Products and Services Head Office Category Dental Solutions Others
Products/Services
Key People Name
Designation
Person 1
Director
Person 2
Director
Person 3
Director
DENTAL IMPLANT MARKET IN INDIA 2014.PPT
10
Private: Foreign Company – Company 1 (2/5) Shareholders of the Company Name
Ownership Structure No. of Shares held
Shareholder 1
9,999
Shareholder 2
1 Total
Category 1
10,000
100%
DENTAL IMPLANT MARKET IN INDIA 2014.PPT
11
Private: Foreign Company – Company 1 (3/5) Financial Snapshot Total Income
Key Ratios Net Profit/Loss
Particulars
INR mn 500
INR mn a2
400
b2
300 200 100
40
a1
b1
-c2 c1
-d2
d1
20 0 -20
0
-40 2010
2011
2012
2013
Financial Summary
2011
2010
Operating Margin Net Margin Profit Before Tax Margin Return on Equity Return on Capital Employed Return on Working Capital Return on Assets Return on Fixed Assets
Cost Ratios Operating costs (% of Sales) Administration costs (% of Sales) Interest costs (% of Sales)
Liquidity Ratios
• It reported total income of INR XX mn in FY 20XX, registering an increase of X per cent over FY 20YY
Leverage Ratios
• It reported debt to equity ratio of X.XX in FY 20XX, an increase of X.X per cent over FY 20YY
2012
Profitability Ratios
• The company earned a net profit of INR XX mn in FY 20XX, as compared to net profit of INR Y mn in FY 20YY
• It earned an operating margin of X.X per cent in FY 20XX an increase of X.X percentage points over FY 20YY
y-o-y change 2013 (2013-12)
Current Ratio Cash Ratio Debt to Equity Ratio Debt to Capital Ratio Interest Coverage Ratio
Efficiency Ratios Fixed Asset Turnover Asset Turnover Current Asset Turnover Working Capital Turnover Capital Employed Turnover Improved
DENTAL IMPLANT MARKET IN INDIA 2014.PPT
Decline
12
Private: Foreign Company – Company 1 (4/5) Business Highlights Description
News
Overview
Dental Implants
Tie-up
DENTAL IMPLANT MARKET IN INDIA 2014.PPT
13
Private: Foreign Company – Company 1 – SWOT Analysis (5/5)
S
W
O
T
DENTAL IMPLANT MARKET IN INDIA 2014.PPT
14
Thank you for the attention Dental Implant Market – India report is part of Netscribes’ Healthcare Series. For any queries or customized research requirements, contact us at: Phone: E-Mail:
+91 22 4098 7600 info@netscribes.com
About Netscribes, Inc. Netscribes, Inc. is a knowledge-consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of investment & business research, business & corporate intelligence, content-management services, and knowledge-software services. At its core lies a true value proposition that draws upon a vast knowledge base. Netscribes, Inc. is a one-stop shop designed to fulfil clients’ profitability and growth objectives. Disclaimer: This report is published for general information only. Although high standards have been used in the preparation, “Netscribes” is not responsible for any loss or damage arising from use of this document. This document is the sole property of Netscribes and prior permission is required for guidelines on reproduction. DENTAL IMPLANT MARKET IN INDIA 2014.PPT
15