Market Analysis of Pediatrics in India
The relevance of research
Caring for the health of the child becomes one of the main things in the life of parents after his birth. Currently, in India, children are seen in a children's clinic until they are 18 years old.
Purpose of the study
Analyzing the state of the pediatrics market in India, assessing the market size, analyzing competitors, as well as determining the factors affecting the pediatrics market
Content
Part 1. Overview of the Indian Pediatrics Market
1.1. Definition and Characteristics of the Indian Pediatrics Market
1.2. Dynamics of Indian Pediatrics Market Size, 2016-2020
1.3. Market structure by type of service provided in India
1.4. Pediatrics market structure by Union Territories
1.5. Assessment of current trends and development prospects of the studied market
1.6. Assessment of factors affecting the market
1.7. Analysis of sectoral indicators of financial and economic activity
Part 2. Competitive Analysis in the Pediatrics Market in India
2.1. Major players in the market
2.2. Market shares of the largest competitors
2.3. Profiles of major players
Part 3. Pediatrics Consumption Analysis
3.1. Estimated consumption of pediatrics per capita
3.2. Market Saturation and Estimated Market Potential in India
3.3. Description of consumer preferences
3.4. Price analysis
Part 4. Assessment of factors of investment attractiveness of the market
Part 5. Pediatrics market forecast until 2025
Part 6. Conclusions on the prospects of creating enterprises in the study area and recommendations for current market operators
Research excerpt
Part 1. Overview of the Indian Pediatrics Market
1.1. Definition and Characteristics of the Indian Pediatrics Market
Caring for the health of the child becomes one of the main things in the life of parents after his birth. Currently, in India, children are observed in a children's clinic until they are 18 years old. It is also worth noting that…
Paid organizations are integrating compulsory medical insurance services into their system, which allows them to …
...
Among the operators of the market, one can distinguish: children's and children's-adult state and municipal ..., providing ...; commercial ...
One of the vectors for the development of the studied market is the opening of …
It should be noted that the segment of pediatrics as a whole ..., and is one of the most ... domestic medicine.
The market under study is characterized by the presence of well-known ...
If financially possible, parents most often choose ...
1.2. Dynamics of Indian Pediatrics Market Size, 2016-2020
In 2016-2019 The volume of the pediatrics market annually showed growth by …% on average. Market growth was supported by …, expanding coverage …, as well as improving technical …
In 2020, the suspension of planned medical care during the pandemic contributed to ... The decline in the ... sector was associated with the abandonment of ... However, a sharp decline in demand was noted only in the period ...
As a result, in 2020 the volume of the pediatrics market is …% compared to 2019 and amounted to … billion Rs.
Diagram 1. Dynamics of the volume of the pediatrics market, 2016–2020, billion Rs.
1.3. Market structure by type of service provided in India
Pediatric practices cover a very wide range of services. According to the official …, the largest percentage of requested services is for the treatment of problems associated with … (…% of the total number of services). In physical terms, the number of patients seeking treatment in this area in 2020 is … people. (including appeals to municipal clinics), which … in 2019 by …% or … pers.
1.4. Pediatrics market structure by Union Territories
The structure of rendering pediatric services in the context of federal districts shows that the leading position is occupied by … Union Territories with a market share of …%. ... Union Territories - not only the largest in terms of the number of children, but also a traditional center ... In addition, the ... Union Territories have the highest ..., which stimulates the development of ...
The second place is occupied by … Union Territories with a market share of …%. In third place - ... Union Territories (share ...%), in fourth place - ...
Diagram 3. Structure of pediatrics provision in India by Union Territories, %, 2020
1.5. Assessment of current trends and development prospects of the studied market
Key trends in the Indian pediatrics market include:
Increasing competition...
… doctors are in high demand, …
Transformation and expansion…
...
Among the prospects of the analyzed market are: ...
1.6. Assessment of factors affecting the market
Economic
GDP dynamics
GDP is a macroeconomic indicator that reflects the market value of all final goods and services produced in a year in all sectors of the economy on the territory of the state for consumption, export and accumulation.
The dynamics of India's GDP is decisive in the vector of development of the entire economy of the country and determines …
In 2012-2014 the GDP growth rate was …, but was constantly declining, and in 2015 it was … In 2015, which was the peak of the crisis in the state, the decline in GDP was …% compared to the previous 2014, and since the dynamics of GDP is directly proportional to well-being of citizens, then this speaks of ...
In 2016, GDP …, at the end of 2017, this indicator shows …
...
In 2020, the decline in India's GDP, according to the second estimate of …, amounted to …%. This is the biggest drop in GDP since 2009, when the country's economy shrank by …%. According to Rosstat, the decline in GDP is mainly due to …
India's GDP, according to …, in January-April 2021 grew by …% compared to the corresponding period of 2020, while in April …
...
Concluding the assessment of the factors influencing the Indian pediatrics market, we summarize the key ones in the framework of the STEP analysis.
Table 1. STEP analysis of factors influencing the pediatrics market
In general, the impact of macro factors on the pediatrics market can be assessed as ... Negative impact is exerted by …
Among the positive factors it is worth noting…
1.7. Analysis of sectoral indicators of financial and economic activity
Since for the registration of the activities of clinics involved in pediatrics, in the OKVED classifier ..., then the analysis used ...
Gross margin in pediatrics throughout the period under review … level for all industries as a whole. In 2020, the indicator amounted to …%, which is by … p.p. … the level of gross margin in all industries.
Pre-tax profit margin in pediatrics over the entire study period (2016-2020) … than that of all industries in India. In 2020, the profitability of profit before tax in pediatrics amounted to …%.
Diagram 10. Profitability before tax (profit of the reporting period) in the field of pediatrics in comparison with all sectors of the Indian economy, 2016-2020, %
The values of current liquidity in the field of pediatrics throughout the study period indicate ...: above the mark ""2"" ... values .... At the end of 2020, current liquidity amounted to … times.
For Indian companies, the normative value of the absolute liquidity ratio is within ... In the field of pediatrics in 2019-2020. an indicator of absolute liquidity ... of a normative value, which indicates ... It also indicates the presence of ...
Business activity in the analyzed period in the field of pediatrics is within ... days. days According to GidMarket, in 2020 the indicator of this financial ratio amounted to … days. days
The equity ratio characterizes the availability of own working capital of an enterprise necessary for ...
In general, the analysis of sectoral financial ratios in the field of pediatrics shows ..., while indicators of sectoral values ... indicate ...
Part 2. Competitive Analysis in the Pediatrics Market in India
2.1. Major players in the market
The leaders of the pediatrics market are large ..., providing, in addition to services in the segment of pediatrics, also ... Despite the not always high percentage in the total revenue, the direction of pediatric medicine is ...
2.2. Market shares of the largest competitors
The data source for determining the shares was the indicators ... At the same time, an adjustment was made ...
The largest pediatric market operators in 2020 include … with a share of …%, … – …%, …
Diagram 12. Shares of the largest competitors in the pediatrics market in 2020, %
The pediatrics market in India is characterized by … a level of concentration (large number …, Herfindahl-Hirschman index … – … market).
2.3. Profiles of major players
""...""
...
The total revenue of the largest operators in the pediatrics market is calculated on the basis of official reporting data on the revenue of companies as a whole. The study of the dynamics of total revenue is indicative from the point of view of the analysis of growth trends. The average growth rate for the study period was …%. At the end of 2020, the total revenue of the leading market players amounted to … billion Rs.
Diagram 14. Dynamics of the total revenue of the largest pediatric market operators (TOP-5) in India, 2016–2020, million Rs.
Part 3. Pediatrics Consumption Analysis
3.1. Estimated consumption of pediatrics per capita
The specifics of the studied area determines a very large percentage of presence in the market ...
Commercial consumption of pediatrics services per capita ranges from … Rs. in 2016 per person up to … Rs. – in 2019
In 2020, the coronavirus pandemic provoked …
3.2. Market Saturation and Estimated Market Potential in India
The processes of urbanization and increasing concentration of population in large cities, ... are prerequisites for ...
The main target audience of this service: ...
An analysis of the needs of this audience allows us to conclude that the market for medical services for children in India is far from …
...
In terms of the life cycle stage, the Indian pediatrics market can be categorized as... a market in the...
...
3.3. Description of consumer preferences
Diagram 16. Criteria for choosing a clinic for visiting a pediatrician, score
The most significant criteria for choosing a clinic to visit a pediatrician are: ... (10,0 points), ... (... points), ... (... points), availability of ...
We also note that some customers would like to be able to use ..., use insurance for ...
3.4. Price analysis
For the period 2016-2020 the average annual consumer price index for the initial consultation with a doctor amounted to …%. The dynamics is mainly due to the level of ... The highest growth was observed in ... and was also caused by ...
In January-May 2021, the increase in consumer prices amounted to …%.
Admission fees are based on...
The highest average prices for a pediatrician's appointment in the … federal district are … Rs./appointment. The cheapest admission fee is in … Union Territories – … Rs.
Part 4. Assessment of factors of investment attractiveness of the market
… factors of the investment climate of the pediatrics market dominate over… A comprehensive assessment of investment attractiveness factors was carried out for companies planning to enter the market and amounts to … points – … investment climate.
The most significant negative factors. …
The most significant positive factors. …
Part 5. Pediatrics market forecast until 2025
According to …
The following factors also allow predicting the dynamics of the volume of the pediatrics market:
...
Part 6. Conclusions on the prospects of creating enterprises in the study area and recommendations for current market operators
...
Diagrams
Diagram 1. Dynamics of the volume of the pediatrics market, 2016–2020, billion Rs.
Diagram 2. Pediatrics market structure by type, %, 2020
Diagram 3. Structure of pediatrics provision in India by Union Territories, %, 2020
Diagram 4. Dynamics of India's GDP, 2012-2020, % to the previous year
Diagram 5. Monthly dynamics of the US dollar against the rupee, Rs. for 1 US dollar, 2016-Jul. 2021
Diagram 6. Dynamics of the share of medical services in the structure of paid services to the population of India, 2016-2020, %
Diagram 7. Dynamics of real incomes of the population of India, % to the previous year, 2012-2020
Chart 8. Percentage of children aged 0-14 years in the total population of India, as of 01 Jan. 2012-2021, %
Diagram 9. Dynamics of the level of general morbidity in children aged 0-14 years, 15-17 years in India, 2016-2020, total cases
Diagram 10. Profitability before tax (profit of the reporting period) in the field of pediatrics in comparison with all sectors of the Indian economy, 2016-2020, %
Diagram 11. Current liquidity (total coverage) in the field of pediatrics for 2016–2020, times
Diagram 12. Business activity (average term of receivables turnover) in the field of pediatrics, for 2016–2020, days days
Diagram 13. Financial stability (security of own working capital) in the field of pediatrics, in comparison with all sectors of the Indian economy, 2016–2020, %
Diagram 14. Dynamics of the total revenue of the largest pediatric market operators (TOP-5) in India, 2016–2020, million Rs.
Chart 15. Consumption of pediatrics per capita, 2016–2020, Rs./person
Diagram 16. Criteria for choosing a clinic for visiting a pediatrician, scores
Diagram 17. Pediatrics market size forecast in 2021–2025, billion Rs.
Tables
Table 1. STEP analysis of factors influencing the pediatrics market
Table 2. Gross Margin of the Pediatrics Industry Compared to All Industries in India, 2016-2020, %
Table 3. Absolute Liquidity in Pediatrics vs. All Sectors of the Indian Economy, 2016–2020, times
Table 4. Main companies participating in the pediatrics market in 2020
Table 5. Basic information about the participant No. 1 of the pediatrics market
Table 6. Basic information about the participant No. 2 of the pediatrics market
Table 7. Basic information about the participant No. 3 of the pediatrics market
Table 8. Basic information about the participant No. 4 of the pediatrics market
Table 9. Basic information about the participant No. 5 of the pediatrics market
Table 10. Consumer price indices in the pediatrics market in India in 2016–May 2021, %
Table 11. Average prices in the pediatrics market by Union Territories, Rs./appointment
Table 12. Assessment of factors of investment attractiveness of the pediatrics market
Table 13. Forecast indicators of the development of the Indian economy
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