1. Market Research
  2. > Healthcare Market Trends
  3. > Business Models for Diversification into Healthcare 

Business Models for Diversification into Healthcare 

  • February 2016
  • -
  • Frost & Sullivan
  • -
  • 71 pages

Summary

Table of Contents

Business Models for Diversification into Healthcare : Focus of Business Models Expanding from Chemicals and Materials to Healthcare

Successful healthcare business models have evolved to increasingly focus on building customer excellence—both product and processes are important for a company’s business model to be successful. While a product provides the base, the process becomes very important for the good execution of the product and also to provide value to customers for repeat business. The objective of the research service is to identify business models which have been used by leading companies globally to successfully enter healthcare. The companies that have had chemicals, materials, and related industries as their core business have been analysed in this study.

Key Findings

Successful healthcare business models have evolved to increasingly focus on building customer excellence—both product and process are important for companies’ business models to be successful. While a product provides the base, the process is also very important for good execution of the product and to provide value to customers for repeat business.

- Healthcare markets are more stable and tend to compensate for business cycle fluctuations; hence, they provide companies opportunities for diversification.

- Healthcare markets are more resilient and a number of companies have experienced growth (both top and bottom line) during recession.

- Diversification into healthcare is an important strategic move for companies to ensure business sustainability—all diversified companies have expanded into healthcare, as their core markets were getting saturated or commoditised.

- Investing in healthcare is further justified, as it can enhance lives of people. It also allows the companies to move up the value chain and use their core strengths to develop in an adjacent industry.

The role of a brand in healthcare diversification is another very important aspect. Brand strategy plays a critical role in determining the success and future direction of a company’s diversified healthcare business.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Healthcare IT Market by Product (EHR, RIS, PACS, VNA, CPOE, HIE, Telehealth, Healthcare Analytics, Population Health Management, Supply Chain Management, CRM, Fraud Management, Claims Management) End User (Provider, Payer) - Global Forecast to 2021

Healthcare IT Market by Product (EHR, RIS, PACS, VNA, CPOE, HIE, Telehealth, Healthcare Analytics, Population Health Management, Supply Chain Management, CRM, Fraud Management, Claims Management) End User (Provider, Payer) - Global Forecast to 2021

  • $ 8150
  • Industry report
  • March 2017
  • by MarketsandMarkets

The global healthcare IT market is expected to grow at a CAGR of 15.9% from 2016 to 2021 and reach USD 280.25 billion. Growing need to manage regulatory compliance through healthcare IT solutions, government ...

IoT Healthcare Market by Component, Application, End User, and Region - Global Forecast to 2022

IoT Healthcare Market by Component, Application, End User, and Region - Global Forecast to 2022

  • $ 8008
  • Industry report
  • April 2017
  • by MarketsandMarkets

Digital transformation helps enterprises improve operational performance, efficiency, and business process. It involves the utilization of digital technologies, such as mobility, analytics, and social ...

Ultrasound Market by Technology, Display, Portability, Application, End User - Forecast to 2021

Ultrasound Market by Technology, Display, Portability, Application, End User - Forecast to 2021

  • $ 7150
  • Industry report
  • March 2017
  • by MarketsandMarkets

The ultrasound market is expected to reach USD 6.86 billion by 2021 at a CAGR of 5.2% during 2016-2021. North America and Europe held the largest share of the market in 2016; however, the Asia-Pacific ...


Download Unlimited Documents from Trusted Public Sources

Health Care Provider Industry in Montenegro - Forecast

  • April 2017
    6 pages
  • Health Care Pro...  

  • Montenegro  

View report >

Healthcare Supply in the US - Forecast

  • April 2017
    4 pages
  • Healthcare  

  • United States  

    North America  

View report >

The future of the Healthcare Industry in India

  • April 2017
    4 pages
  • Healthcare  

  • India  

    Asia  

View report >

Hospital Industry

6 days ago

Related Market Segments :

Healthcare

ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.