Industry : Healthcare & Life-Sciences
The conception of Sukrati Meditech was based on the philosophy of providing state of the art and safe but yet affordable medical devices to ensure their unrestricted dissemination to the remotest corner of the country. Target Market 1. Public and Private Hospitals: The C-20, being cost-effective and versatile, is ideal for hospitals in urban, semi-urban, and rural areas. Both public and private hospitals across India can benefit from the device's affordability, especially those lacking advanced medical equipment. 2. Ambulance and Emergency Services: With its portable design and ability to use a mobile as a monitor, the C-20 is well-suited for use in ambulances and emergency services, particularly in trauma cases and difficult airway management. 3. Rural Healthcare Centres: The C-20 can address the unmet need for affordable medical devices in rural healthcare centres and primary health clinics, where limited budgets often restrict access to advanced equipment. 4. Medical Colleges and Training Centres: Medical training institutes can adopt the C-20 for education and practice, as it provides an affordable solution for teaching students airway management techniques. 5. Government Healthcare Programs: Large-scale adoption of the C-20 by government healthcare programs aimed at improving rural healthcare infrastructure presents a significant opportunity for widespread use. Business Model 1. Product Sales: The primary revenue source will be the direct sale of the laryngoscope devices to hospitals, clinics, and ambulance services, particularly targeting rural and underserved urban healthcare facilities where affordability is crucial. 2. Subscription/Service Model: Offering a subscription service for regular device maintenance, software updates, and training programs. This could provide recurring revenue while ensuring customers have ongoing support and up-to-date technology. 3. Partnerships & Bulk Deals: Establishing partnerships with government healthcare programs, NGOs, and large private hospital chains to provide bulk sales of the device, potentially at discounted rates, could help expand the customer base while maintaining steady revenue streams. 4. Global Expansion & Export: After gaining local traction, expanding into international markets, particularly in other low- and middle-income countries, where the demand for affordable medical technology is high, could generate additional revenue.
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Year of Establishment2022