List of Profitable Business Ideas in Medical, Healthcare ...

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Transcript of List of Profitable Business Ideas in Medical, Healthcare ...

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Introduction

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India's high population makes it an important player in the Healthcare Industry.

Healthcare has become one of India’s largest sectors - both in terms of revenue and

employment. Healthcare comprises hospitals, medical devices, clinical trials,

outsourcing, telemedicine, medical tourism, health insurance and medical equipment.

The Indian healthcare sector is growing at a brisk pace due to its strengthening

coverage, services and increasing expenditure by public as well private players.

India is expected to rank amongst the top three healthcare markets in terms of

incremental growth by 2020. In 2015, Indian healthcare sector became the fifth largest

employer, both in terms of direct as well as indirect employment, with total direct

employment of 4,713,061 people.

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Healthcare Sector Growth Trend (USD Billion)

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Healthcare sector is considered one of the largest sector in terms of both revenue and

workfore employement. Marketing healthcare services and products presents unique

challenges compared to other consumer goods and services, because it deals with

health behaviors as opposed to just purchasing behaviors. Health marketing includes

awareness and education. The healthcare sector in India remains one of the largest

sectors in terms of both employment and revenue generation.

Healthcare revenue in India is set to reach USD280 billion by 2020; expenditure is

likely to expand at a CAGR of 17 per cent over 2011–20. Healthcare has become one of

India's largest sectors both in terms of revenue and employment. The industry is

growing at a tremendous pace owing to its strengthening coverage, services and

increasing expenditure by public as well private players.

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Per-Capita Healthcare Expenditure (USD)

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Niir Project Consultancy Services (NPCS) can provide Detailed Project Report on Required Project

List of Profitable Business Ideas in Medical,

Healthcare Industry.

Opportunities in Health Care Sector for new

business venture

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Here are few Healthcare Projects:

CANCER HOSPITAL (50 BEDS)

Cancer is a term used for diseases in which abnormal cells divide without control and

are able to invade other tissues. Cancer cells can spread to other parts of the body

through the blood and lymph systems. Every year about 8, 50,000 new cancer cases

are diagnosed in India resulting in about 5, 80,000 cancer related death every

year…….Read more

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DENTAL COLLEGE

Dental education occupies a place of pride in the field of medical studies. The basic

aim of the dental colleges is to provide health-oriented courses that emphasize the

prevention of oral diseases. In a human body mouth is considered to be the mirror

dental health being intimately related is part and parcel of the general health and

wellbeing of an individual……..Read more

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MEDICAL ALCOHOL FROM DATE JUICE CONCENTRATE

Date is one of the best fruits, which contains fructose as sugar ingredients, which is

totally fermentable sugar and can be completely converted to ethyl alcohol by

fermentation process. There are few expensive fabricating companies who can design

the distillery plants and fabricate the plants………Read more

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PARACETAMOL

Paracetemol is an important intermediate in the manufacture of other pharmaceuticals like

the antimalarial amodiaquine. Two types of paracetamol are commercially produced, namely

powder and granules. The granules grade is called direct compressible product which is

easier to use for making tablets……..Read more

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AYURVEDIC MEDICINES (CHYAWANPRASH, COUGH SYRUP HERBAL, AYURVEDIC

HAIR OIL, JAWAHAR MOHRA & MUKTA SHUKTI TABLETS)

Man has always been keen to keep himself free from all miseries. It has been a

constant endeavor to discover better ways to prevent and cure human disease. Human

history is full of examples of foods developed for one or the other health benefit.

Greeks used garlic in the first Olympic Games as they considered it as a performance-

enhancing drug………Read more

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HOSPITAL

A hospital is a health care institution providing patient treatment by specialized staff

and equipment. Hospitals often, but not always, provide for inpatient care or longer

term patient stays. Presently, every city or town in India has no. of private hospitals

furnished with latest medical facilities available and with more qualified surgeons,

physicians and specialist doctors……..Read more

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SURGICAL COTTON & BANDAGES

Surgical Bandages are the products manufactured from white bleached Cotton gauge

cloth of suitable quality. Absorbent cotton also known as surgical cotton is used mainly

for medical purposes. Raw cotton is purified by a series of processed and rendered

hydrophile in character besides rendering it free from other external organic

impurities…….Read more

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MEDICATED LOZENGES LIKE STREPSILS, TUSG

Medicated lozenges are made basically by using glucose, water, calcium carbonate,

peppermint and some other ingredients. It is used by children to old age people to get the

relief from the throat problem. It is same as hard candy having some medicinal

effect….…….Read more

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AYURVEDIC PHARMACY

The contribution of thousands of medical luminances has been completed in the

ayurvedic system to make it as one of the most wide as well as perfect system has been

tested through years of practices, making it more perfect. India abounds in medicinal

plants and more than 75% of the vegetable drugs included in pharmacopoeia is

available in the country……..Read more

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PHARMACEUTICAL TABLETS, CAPSULES, LIQUID ORAL, OINTMENT, POWDER AND

INJECTION

The Pharmaceutical Industry in general is well managed in sound economic principles

and has excellent techniques of production, technological backing and good marketing

techniques. Because of availability of good capital and profit, this industry showed a

remarkable growth and also attracted highly qualified technical people with

satisfactory salary…….Read more

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HEALTH DRINK (COCOA BEVERAGES IN GRANULES FORM)

The health food drink market in India is approx. 300,000 MT per annum and is

growing at the rate of around 15% per annum. The health food drinks are popularly

used as a milk additive for better nutrition and taste. Health Food Drinks are added to

the diet to boost overall health………Read more

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MEDICAL DIAGNOSTIC CENTRE

Modern diagnostic Centre provides a wide scope for detection of ailments and afford

facilities for a detailed medical check-up through diagnostic procedures. To

accomplish this objective a modern diagnostic Centre should be well equipped with

most modern instruments. Which help in the requisite measures for diagnostic

purposes……..Read more

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DISPOSABLE PLASTIC SYRINGES

Disposable syringes are a great innovation in the field of medical equipment. They are

used for inframuscular and intravenous injections and are disposed of immediately

after usage. The major advantages of using disposable syringes is that no infection is

transmitted since the injection is disposed of immediately after use…….. Read more

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VITAMIN ‘C’

Vitamin C is a physiological antioxidant of major importance for protection against

diseases and degenerative processes caused by oxidative stress. Vitamin C is

ubiquitous. It is found throughout the plant and animal kingdoms, where its roles are

often not known or are poorly understood……..Read more

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ENERGY PROTEIN BAR

Energy bars are often promoted as a quick snack, a supplement athlete/ sports person

or those who done workouts energy bars are also an excellent method for replenishing

muscle energy store after sport. For best results eat an energy bar 30-45 minutes

before a race or workout or eat small amount during in race or ride……….Read more

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IV FLUIDS

Intravenous fluids are fluids which are intended to be administered to a patient

intravenously, directly through the circulatory system. These fluids must be sterile to

protect patients from injury, and there are a number of different types available for

use……..Read more

TagsHealthcare and Medical Projects, Production of Health Care, Health Care Products, Healthcare industry,

Healthcare Industry in India, Indian Healthcare Sector, Profile of Healthcare Industry in India, Blood Bags

Manufacturing Plant, How to Manufacture Blood Bags, Blood Bag Production, Healthcare Product

Manufacture, Pharmaceuticals and Healthcare Products, Healthcare Products Manufacturing, Healthcare

Products Manufacturing Industry, Disposable Blood Bag Manufacturing Business, Cancer Hospital (50 Beds),

How to Open Dental College in India, Production of Medical Alcohol from Date Juice Concentrate, Production of

Paracetamol (Acetaminophen), Industrial Production of Paracetamol, Paracetamol Manufacturing Business,

Ayurvedic Medicines (Chyawanprash, Cough Syrup Herbal, Ayurvedic Hair Oil, Jawahar Mohra & Mukta

Shukti Tablets), Setting Up Hospital in India, Hospital Business Opportunity in India, How to Open Nature

Care Centre in India, Surgical Cotton & Bandages Manufacturing Plant, Surgical Cotton Manufacturing Project

Report, Surgical Bandage Making Business, Lozenges Production Plant, Formulation and Evaluation of

Medicated Lozenges, How to Start Pharmaceutical Company?, Start Your Own Ayurvedic Pharmacy?,

Production of Pharmaceutical Tablets,

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Capsules, Liquid Oral, Ointment, Powder and Injection, How to Start Medical and Diagnostic Center,

Production of Disposable Plastic Syringes, Industrial Production of L-Ascorbic Acid (Vitamin C), Production of

Vitamin C, Vitamin C Manufacturing Business, Production of Energy Protein Bar, How to Start Energy Protein

Bar Manufacturing Business, Iv Fluid and Dialysis Solution Manufacturing Plant, Production of Baby Wet

Wipes and Facial Wet Tissues, Production of Diaper (Baby and Adult) and Sanitary Napkins, Health Care

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Health Care Projects, Healthcare and Medical Business ideas & Opportunities

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Major Queries/Questions Answered in Our Report?

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1. How has the industry performed so far and how will it perform in

the coming years?

2. What is the Project Feasibility of the Plant?

3. What are the requirements of Working Capital for setting up the

plant?

4. What is the structure of the industry and who are the key/major

players?

5. What is the total project cost for setting up the plant?

6. What are the operating costs for setting up the plant?

7. What are the machinery and equipment requirements for setting

up the plant?

8. Who are the Suppliers and Manufacturers of Plant & Machinery for

setting up the plant?

9. What are the requirements of rawmaterial for setting up the

plant?

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10. Who are the Suppliers and Manufacturers of Rawmaterials for

setting up the plant?

11. What is the Manufacturing Process of the plant?

12. What is the total size of land required for setting up the plant?

13. What will be the income and expenditures for the plant?

14. What are the Projected Balance Sheets of the plant?

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15. What are the requirement of utilities and overheads for setting up

the plant?

16. What is the Built up Area Requirement and cost for setting up the

plant?

17. What are the Personnel (Manpower) Requirements for setting up

the plant?

18. What are Statistics of Import & Export for the Industry?

19. What is the time required to break-even?

20. What is the Break-Even Analysis of the plant?

21. What are the Project financials of the plant?

22. What are the Profitability Ratios of the plant?

23. What is the Sensitivity Analysis-Price/Volume of the plant?

24. What are the Projected Pay-Back Period and IRR of the plant?

25. What is the Process Flow Sheet Diagram of the plant?

26. What are the Market Opportunities for setting up the plant?

27. What is the Market Study and Assessment for setting up the plant?

28. What is the Plant Layout for setting up the plant?

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Reasons for Buying Our Report:

• The report helps you to identify a profitable project for investing or

diversifying into by throwing light to crucial areas like industry size,

market potential of the product and reasons for investing in the

product

• The report provides vital information on the product like it’s

characteristics and segmentation

• The report helps you market and place the product correctly by

identifying the target customer group of the product

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• The report helps you understand the viability of the project by

disclosing details like machinery required, project costs and snapshot

of other project financials

• The report provides a glimpse of government regulations applicable

on the industry

• The report provides forecasts of key parameters which helps to

anticipate the industry performance and make sound business

decisions

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Our Approach:

• Our research reports broadly cover Indian markets, present analysis,

outlook and forecast for a period of five years.

• The market forecasts are developed on the basis of secondary

research and are cross-validated through interactions with the

industry players

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information from such sources is processed by us and included in the

report

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Free Instant Online Project Identification and

Selection Service

Our Team has simplified the process for you by providing a "Free Instant Online Project

Identification & Selection" search facility to identify projects based on multiple search

parameters related to project costs namely: Plant & Machinery Cost, Total Capital

Investment, Cost of the project, Rate of Return% (ROR) and Break Even Point % (BEP).

You can sort the projects on the basis of mentioned pointers and identify a suitable

project matching your investment requisites……Read more

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Download Complete List of Project Reports:

Detailed Project Reports

NPCS is manned by engineers, planners, specialists, financial experts, economic

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Our Market Survey cum Detailed Techno Economic Feasibility Report provides an

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Industry. While expanding a current business or while venturing into new business,

entrepreneurs are often faced with the dilemma of zeroing in on a suitable

product/line.

And before diversifying/venturing into any product, they wish to study the following

aspects of the identified product:

Good Present/Future Demand

Export-Import Market Potential

Raw Material & Manpower Availability

Project Costs and Payback Period

The detailed project report covers all aspect of business, from analyzing the market,

confirming availability of various necessities such as Manufacturing Plant, Detailed

Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey,

Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment

Opportunities, Cost and Revenue, Plant Economics, Production Schedule,

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Working Capital Requirement, uses and applications, Plant Layout, Project Financials,

Process Flow Sheet, Cost of Project, Projected Balance Sheets, Profitability Ratios,

Break Even Analysis. The DPR (Detailed Project Report) is formulated by highly

accomplished and experienced consultants and the market research and analysis are

supported by a panel of experts and digitalized data bank.

We at NPCS, through our reliable expertise in the project consultancy and market

research field, have demystified the situation by putting forward the emerging business

opportunity in India along with its business prospects……Read more

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