Premium Essay

Key Drivers for the Growth of Hospital Industry in Nepal

In: Business and Management

Submitted By simranz
Words 834
Pages 4
Key Drivers for the growth of Hospital industry in Nepal 1. Technological advancement Technological advancement not only helps in the growth of the manufacturing industry but also helps in the growth of service industries like hospital by the advancements in medical technologies. Advancement in technology has shortened the adoption curve for new technologies; the benefits of the advancements are clearly visible in terms of smoothening of workflow, ROI, and hospitals ability to treat more patients in the same time span. Some major examples of this phenomenon are: * Increase in number of minimally invasive surgeries: With every passing day a higher number of hospitals are shifting towards minimally invasive procedures. This concept has been equally appreciated by the patient and provider both, benefits to the patient being early discharge and return to normalcy and for the provider a faster turnaround thus higher profitability. This phenomenon has been helped by advancements in the field of laparoscopy, endoscopy, cath labs, etc.

* Home health: With time becoming a precious commodity a significant chunk of population is opting for devices which can provide diagnosis, care within the home environment. This phenomenon helps the patients in saving time and utilizes the saved time for other productive activities. The development in the field of blood glucose monitoring, insulin management, sleep apnea, cardiac rhythm management will be the main growth drivers of home health. * Orthopedic surgeries: Joint problems which were regarded earlier as a normal old age phenomenon has started gaining recognition as a disease. It’s not only being recognized as a disease but the recognition is also for the fact that it’s curable. This change in the thought process is driving the growth of the joint implant market. The phenomenon gets compounded due…...

Similar Documents

Premium Essay

Industry Drivers Woolworths

...with that in depth – instead you need to discuss issues of how to identify an industry’s strategic groups, industry drivers and key success factors. Write down your structured notes for the presentation, convincing them to employ you to direct their external environmental analysis. Describe the corporation in your region (and its two or more SBU’s) its industry’s and its existing strategy making process in enough detail for the marker to assess the appropriateness of your presentation notes. The SBU you use as the core of your answer could be real or not. I will be presenting to the board of Woolworths supermarket chain in Australia. It consists of several SBU’s including (but not limited to) Fresh food & Grocery. Woolworths’ vision is to be “first choice for fresh food”. My external analysis below will focus on examples of how to apply the principles of external environment analysis to the fresh food business unit. What are the main industry drivers for Woolworths fresh food and what strategy changes are needed? While Porters Five forces analysis is essential in determining what kind of competitive forces Woolworth face, and how strong they are; in analysing the external environment on a whole we need to also consider “What factors are driving industry change”. An external analysis must be dynamic and look at the overall impact of the change drivers. Will they increase or decrease demand? Make competition more or less intense? Produce higher or lower......

Words: 620 - Pages: 3

Premium Essay

Growth of Namkeen Industry

...Growth of the Namkeen Industry There is no denying the fact that the namkeen industry, a sub-segment of the snacks industry, has been growing at a tremendous pace in the country. This has been due to the rising income levels, growing urbanisation, and busy lifestyle of the urban Indians. The namkeen industry in India has been going through a highly impressive growth rate of 25 percent year on year. The growth of the namkeen market can be amply indicated from the growth of the salty snacks market in India. Salty snacks market stood at Rs. 7,698.70 crore during the period July 2010-June 2011, which went up to Rs.9,364.10 crore for the period July 2011-June 1012. According to Neilson, 52 percent of the sales of salty snacks was accounted by branded namkeens. The figure pertains to June 2012. Branded namkeens can be regarded as one of the fastest growing sub-segments in the packaged food segment in India. In the total salted snacks market in India, the branded namkeen segment accounts for 40 percent market share. One can say that in the branded salty snacks segment, packaged namkeens are now gaining greater popularity as compared to western snacks. This trend is getting visible for the first time in India, since the last two decades. Not only ago the namkeen market had the presence of only regional players, but now it is no longer the case. PepsiCo India can be credited with the distinction of being the first multinational to take on the regional players in the Indian......

Words: 774 - Pages: 4

Premium Essay

Growth and Challenges of Hospitality Industry for Global

...Abstract This article presents findings of growth and challenges that hospitality industry might fact in the year ahead respectively through globalization. Globalization is becoming increasing important these years in international hotel industry. When hotels flag their properties in a new country, they must localize their products and service in order to adapt the culture traditions of that country strategy. Differentiation strategy is also useful or hotel companies to become competitive in the global environment. Top issues that will influence the global hospitality industry in the year ahead include sustainable development calls for green hospitality, labor cost, multicultural issues and higher education. Challenges that facing hospitality include will include operating issues, such as labor shortages; marketing issues and economic issues. Introduction Hospitality industry has booming like never before. After Second World War, the practice of Hospitality became professional and wide spread, therefore it will acquire a knowledge base so that can improve its operation and develop the manager of the future (Ingram, 1999). The rise in the global travel, market and environmental trends led to the internationalization of the hospitality industry. The globalization of business and lifestyles is characterized by communicating over vast distances in foreign languages, frequent travel to overseas countries, dealing in many currencies, and coping with a variety of political...

Words: 2770 - Pages: 12

Premium Essay

5 Key Drivers of Supply Chain Compliance and Why?

...5 key drivers of supply chain compliance and why? The key drivers of supply chain management that determine the overall competitiveness and responsiveness of the organization relate to inventory, transportation, facilities and information. The complete supply chain is made up of many channel partners and many processes. Supply chain management encompasses several activities and partners. The forces which are responsible for making the supply chain effective are legislation, environmental, pricing, customer and social. 1. Legislation Legislation is the most important drivers of supply chain; a firm should follow the legislation, or exit the market. Legislation may be in form of general environmental laws (Fleischmann et al., 1997; Georgiadis and Vlachos, 2004; and Van Nunen and Zuidwijk, 2004), or it maybe specific, for example mandating a given recycled content in new products (Krikke et al., 2004) or pinpointing End Of Life (EOL) take-back responsibility (Krikke et al., 2004). Legislation in turn may be driven by issues like government's concern for environmental degradation, public opinion or pressure, lobbying by interest groups, shortage of resources, preferred modalities of a nation's development, which may also, in turn, act directly as drivers for a business firm. Reference: 1. Mann, Hanuv; Kumar, Uma; Kumar, Vinod; Mann, Inder Jit Singh. “Drivers of Sustainable Supply Chain Management.” Iup Journal of......

Words: 2051 - Pages: 9

Free Essay

Global Corporate M-Learning Market (Industry) Growth, Trends, Technology, Analysis, Key Vendors, Report 2015-2019

...ResearchBeam has announced a new Report Package "Global Corporate M-learning Market Size, Growth, Trends, Technology, Analysis, Key Vendors, Report 2015-2019" Report Overview M-learning refers to technologies and applications installed in mobile devices to facilitate learning and sharing of information. It is gaining popularity among employees and companies as the advanced features of mobile devices lend good support to daily business activities. M-learning helps overcome time and location constraints imposed by classroom-based learning sessions. It enables rich interaction among trainers and learners, which enhances search capabilities, and enables effective learning. Corporate m-learning offers widespread applications for the corporate sector. It exhibits immense potential for technology service providers and mobile device manufacturers to develop apps and software. Market expansion has gained more momentum, driven by factors such as cost-effectiveness of m-learning and efficiency in service delivery from the corporate sector's perspective. Increased use of mobile apps bodes well for the growth prospects of the market. As per the analysts forecast the global corporate m-learning market to grow at a CAGR of 15.05% over the period 2014-2019. Covered in this Report This report covers the present scenario and the growth prospects of the global corporate m-learning market for the period 2015-2019. To calculate the market size, the report considers revenue......

Words: 464 - Pages: 2

Free Essay

2015-2019 Global 3d Printing Market in Electronics Industry Growth, Trends, Key Vendors, Report

...Printing Market in Electronics Industry Size, Share, Growth, Trends, Key Vendors, Report" Report Overview 3D printing, also known as AM, is the process of making a 3D model by laying down many successive layers of a 3D material. It helps in manufacturing customized products at a mass level without incurring extra costs and other environmental impacts. During the advent of this technology, these models were restricted to prototyping purposes, but in recent times 3D printing technology has made a paradigm shift toward conventional product manufacturing in industries extending from aerospace to consumer products. As per the analysts forecast the global 3D printing market in the electronics industry 2015-2019 to grow at a CAGR of 18.94 % over the period 2014-2019. Covered in this report This report covers the present scenario and the growth prospects of the global 3D printing market in the electronics industry for the period 2015-2019. To calculate the market size and vendor share, the report considers revenue generated from services and sales of printers and materials. Get Complete Report Details at: http://www.researchbeam.com/global-3d-printing-in-electronics-industry-2015-2019-market The Global 3D Printing Market in Electronics Industry 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the global 3D printing market in the electronics industry and its growth prospects in......

Words: 404 - Pages: 2

Premium Essay

Valuation for Hospital Industry

...of Companies in the Hospital Industry in India | | | September, 2015 | Group 9 – Section B | | Group Members * Abhijnan Dasgupta (14P181) * Aditya Thangeda (14P183) * Apurba Mukherjee (14P189) * Nikhil Sharma (14P210) * Supreet S (14P232) | Table of Contents 1 Overview of Hospital Industry in India 2 1.1 Introduction 2 1.2 Market Size 2 1.3 Growth drivers for healthcare industry 3 1.3.1 Rising GDP Per Capita 3 1.3.2 Favourable Demographics 4 1.3.3 Disease profile 4 1.3.4 Rising Health Insurance in India 4 1.3.5 Rising Medical Tourism 5 1.3.6 Favorable government policies 5 2 Valuation of Companies 6 2.1 Apollo Hospital 6 2.1.1 Key Stock Statistics and Shareholding Pattern 6 2.1.2 Financials of the Company 6 2.1.3 Assumptions for Valuation 8 2.1.4 WACC Calculation 8 2.1.5 EBIT Calculation 10 2.1.6 Projected Cash Flows 10 2.1.7 Conclusion 11 2.1.8 Limitations 11 Overview of Hospital Industry in India Introduction Healthcare has become one of India's largest sectors - both in terms of revenue andemployment. The industry comprises hospitals, medical devices, clinical trials,outsourcing, telemedicine, medical tourism, health insurance and medicalequipment. The Indian healthcare delivery system is categorised into two major components -public and private. * Public Healthcare System: The Government, i.e. public healthcare system comprises limited secondary and tertiary care institutions in key cities and......

Words: 5097 - Pages: 21

Premium Essay

Hospital Services Industry

...Hospital Services Industry Hospital Services Industry The hospital services industry has grown exponentially in the recent decades to become a major employer and income generator that can also effect the local and regional economic scenes. This extremely fast-growing sector of the United States has every reason to continue the current trend. This paper will analyze the current hospital services industry from an economic perspective and focus on potential points of improvement. Discussion The United States increased expenditures in the hospital services industry is growing at a concerning rate and isn’t showing any signs of slowing down. According to the National Health Center for Statistics, the national health expenditure as a percent of gross domestic product (GDP) has grown from 12.1 percent in 1990 to 17.4 percent in 2013 (National Health Center for Statistics, 2014). Economic growth can be measured by using the GDP and the United States’ GDP ratio allocated to health care has continued to rise faster than most other developed nation (Hockenberry & Thorpe, 2014). The continuous growth and comparison to other developed nation is the primary concern for economists. In order to obtain a clear picture of the growth it is beneficial to analyze health care data over the course of several decades. In the table below several data components are analyzed including: the total health expenditures, per capita health expenditures, health as a percent of GDP, health......

Words: 1542 - Pages: 7

Free Essay

Key Concepts Creative Industries

...providers such as Bell and Telus also offer cable television, which is being threatened by these new online services since people are often using their phones or on their computers. The data caps would therefore limit people’s time on the internet, forcing them to stick to cable television for entertainment purposes. This introduces the anti-competitive nature of Canada’s telecommunications sector. This is one of the biggest challenges facing Canada’s internet industry, and one that is unfavorable in any liberal pluralist community. The oligopoly of Canada’s telecommunication sector is directly translated into the wireless service. This is because the big companies that control Canada’s media are the same incumbent Internet Service Providers. For a country and economy as big as Canada, only having Telus, Rogers and Bell as the main contenders shows how concentrated the wireless service is. This can be attributed to poor policy making (Centre, 2014). Policies that were set up to protect Canada’s telecommunication industry from foreign involvement and help the country maintain its sovereignty have had the negative effect of discouraging foreign investment (Corkum, 2014). This negatively affects competition because the only companies that would have the network facilities and financial power required to challenge the Big Three would be other large foreign corporations . The Telecommunications act in particular, before amendments in 2012,”precludes foreign takeovers by requiring......

Words: 579 - Pages: 3

Free Essay

Drivers and Barriers Affecting Development of Wine Industry

...Question: For an industry of your choice, identify and analyse the most important drivers and barriers affecting its development. Answer Drivers and barriers affecting development of any industry revolve in the fraternity of globalization. Globalisation in business is the worldwide movement toward economic, financial, trade, and communications integration (Frank, 1998). It implies the opening of local and nationalistic perspectives to a broader outlook of an interconnected and interdependent world with free transfer of capital, goods, and services across national frontiers. Drivers in the business concept are critical forces which can be built within business strategy to enable a company to attain its set goals (Gilbert, 1994). Barriers to industry development are forces that deters the business organization from attaining the desired goals and these are encountered both in the internal as well as external business environment (Hough et al 2011) It is therefore imperative to evaluate key drivers and barriers affecting development in a bid to craft strategic tools that can stimulate strategic thinking, generate strategic foresight, provide a basis for testing existing strategies, explore and understand complexities of the future (Trompenaar et al, 2003). This can aid decision making and contribute to preparation for the future. As such, this essay seeks to explore key issues in strategic management and key theoretical models in the South African (SA) Wine Industry and......

Words: 3378 - Pages: 14

Free Essay

Major Drivers of Growth and Development in India

...MAJOR DRIVERS OF GROWTH, EMPLOYMENT AND TRADE IN INDIA INTRODUCTION It is interesting and rewarding to study India as an economy that has evolved over a period of 65 years since its independence. The country has grown economy-wise and population-wise since 1950 and the major contributors to Gross Domestic Product (GDP) has gradually shifted from agricultural sector to the services sector. Widespread globalization of industries and liberalization of trade along with technological advancements have played an important role in adding to its growth. In terms of Purchasing Power Parity India took position as the world’s third largest economy in April 2014 replacing Japan proving to be one of the fastest growing economies of the world (“India displaces Japan,” 2014). For the purpose of clearly understanding the major contributors and policies to the effect India’s growth and development, I have conducted my research under the primary, secondary and tertiary sectors using graphs and figures to explain whenever required. The primary sector being Agriculture, the secondary sector being Industry and the tertiary sector being Services have also been analyzed to indicate the major trading partners of India. A sufficient period of time has been considered for the purpose of this assessment to provide good insight on the topic. The paper will also further discuss some of the recent policy measures taken to further improve the growth of India. ...

Words: 2880 - Pages: 12

Free Essay

Growth and Challenges in Hospitality Industry

...ISSN 1913-0341 Vol.3 No.4 2009 Canadian Research & Development Center of Sciences and Cultures 12/20/2009 Http://www.cscanada.org Http://www.cscanada.net E-mail: cscanada.mse@gmail.com; caooc@hotmail.com Issues, Challenges, and Trends, that Facing Hospitality Industry WANG Jin-zhao1 WANG Jing2 Abstract: This article presents findings of issues, challenges and trends that hospitality industry might fact in the year ahead respectively. Top issues that will influence the global hospitality industry in the year ahead include sustainable development calls for green hospitality, labor cost, multicultural issues and higher education. Challenges that facing hospitality include will include operating issues, marketing issues, technological issues and economic issues. Identified ten key trends that, taken together, we believe will shape the hospitality sector this year and for years to come include rapid growth in vacation ownership, integration & globalization, new management. Key words: Issues; Challenges; Trends; Hospitality Industry 1. ISSUES IN HOSPITALITY INDUSTRY 1.1 Sustainable Development Calls for Green Hospitality Going green is a white-hot issue in the hospitality-design industry. People are beginning to look at sustainable solutions in a whole new way. The perception of green has changed; it has gone from a fringe movement to mainstream. As a sign of its sweeping popularity, one of the best attended sessions at the recent......

Words: 2650 - Pages: 11

Premium Essay

Drivers of Industry Financial Structure

...Drivers of Industry Financial Structure In order to facilitate our analysis we divided the companies into services, retail and R&D. The first step was to divide the balances between the ones that had a value for R&D/Sales and the ones that didn’t. So we have balance sheets A, F, G and J and the companies that require R&D are the Developer of Prepackaged Software, the On-line Retailer, the Pharmaceutical Company and the Manufacturer of Electronic Communications Equipment. Now we have six remaining balance sheets and six companies. We divided these remaining companies into services and retail. Companies in the service business usually have low inventories so we have balance sheets C, D and I and the Major Passenger Airline, the International Hotel Chain and the Temporary Staffing Agency. The remaining companies are the Warehouse Club for Food and General Merchandise, the Supermarket Grocery Retailer and the Manufacturer and Marketer of Consumer Products and these industries are characterized by high receivables, high inventories and high inventory turnover so, we can conclude that the corresponding balance sheets are B, E and H. We will now perform more in-depth analysis in order to match each company to each balance sheet. R&D Companies On-Line Retailer In order to specify what balance sheet corresponds to the On-line Retailer we must first define some of the characteristics of On-line Retailers. On-line Retailers require some R&D (9,7%) exactly because they are......

Words: 2333 - Pages: 10

Premium Essay

Business Tourism as Industry Driver

...Business Tourism as an Industry Driver Lilla Széplaki DISSERTATION FOR BA (HONS) IN TRAVEL AND TOURISM MANAGEMENT OXFORD BROOKS UNIVERSITY AND INTERNATIONAL BUSINESS SCHOOL – BUDAPEST 2007/2012 1 Acknowledgements Hereby, I would like to express my deepest appreciation to the Sales team of the Budapest Marriott Hotel, who gave their assistance informing me about all the needed data. I would like to thank to the people with whom I have had interview and also for my former colleagues from the Kempinski Hotel Corvinus. They supported me in my research work. I am deeply indebted to my supervisor Mr Alan Godsave. His suggestions helped me to write this thesis. 2 Table of Content 1. 2. Introduction......................................................................................................... 4 Literature review ................................................................................................ 7 2.1. 2.2. 2.3. What is Tourism? ........................................................................................ 7 The World Tourism Organization (UNWTO) .......................................... 8 Current situation of business tourism ....................................................... 9 Globalisation ......................................................................................... 9 International Trends .......................................................................... 10 The affecting factors of Business Tourism...

Words: 14443 - Pages: 58

Premium Essay

Growth and Performance of Security Market in Nepal

...The Journal of Nepalese Business Studies Vol. I No. 1 Dec. 2004 Growth and Performance of Securities Market in Nepal Jas Bahadur Gurung* ABSTRACT Securities Board, Nepal, an apex regulator and facilitator of capital market, and Nepal Stock Exchange Ltd., only a single stock market, are the main constituents of securities market in Nepal. This paper attempts to study the growth trend and analyze the performance of Nepalese securities market. Likewise, the variables such as number of listed and traded companies and their securities, number of transactions, trading turnovers, paid up value, market capitalization and NEPSE index are analyzed for the secondary market. SECURITIES MARKET IS A MECHANISM created to facilitate the exchange of financial securities or assets by bringing together buyers and sellers of securities (Sharpe 1998). Securities markets provide an effective way of procuring long-term funds by issuing shares and debentures or bonds for corporate enterprises and government and at the same time provide an investment opportunity for individuals and institutions (Adhikari 2004). Thus, the market place for these financial securities is called securities market which is further subdivided into the primary and secondary market. The former market denotes the market for newly issued securities to the public whereas the latter market refers to the market for secondhand securities, traded previously in the primary market (Francis, 1991). The securities market......

Words: 4037 - Pages: 17