India Medical Device Consulting

Discover how YCP excels in enhancing your success in India's medical device sector. With a commitment to fostering growth in this competitive market, YCP offers industry-centric insights and a hands-on support approach, leveraging decades of expertise and global reach to positively impact your business.

YCP Medical Device Experts in India

The medical device industry in India is witnessing transformative dynamics, as the country blooms with advancements in various sectors. India's robust economic progress and increased healthcare investments have significantly propelled the medical device sector, making it a crucial player in the global landscape.

YCP leverages its extensive network of global professionals and profound understanding of India's medical device sector to provide outstanding consulting services. Having helped numerous clients navigate market barriers and optimize entry and growth strategies, YCP's medical device consulting is strategically designed to mitigate challenges and pursue unparalleled opportunities within this thriving market.

YCP stands as a trusted consulting partner for businesses aiming to excel in the competitive landscape of India's medical device market. Our confidence and precision in strategy execution reaffirm our commitment to driving substantial success for our clients in this rapidly growing sector.

YCP in Numbers

Project Across Asia

Offices

Portfolio Businesses

Professionals

Unlocking Potential: Your Path to Excellence with
India's Medical Device Professionals

Go to Market Strategy

Commanding an unmatched prowess in India's Medical Device market, YCP expertly guides companies to pinpoint Go-To-Market strategies.

Channel Optimization

Elevating patient outcomes, YCP excels in medical device channel optimization, navigating India's dynamic market with strategic innovation and precision.

Product Market Fit

As pioneers in navigating India's medical device sector, YCP offers invaluable insights and strategic guidance to enhance product market fit tailored to local demands.

Regulatory Access Planning

In India, Regulatory Access Planning guides medical device entry with extensive expertise, ensuring compliance and market success for YCP's clients.

Our Services

Marketing & Sales

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Branding & Brand Management
Product & Portfolio Management
Pricing
Digital Marketing
E-commerce
Customer Experience
Sales Channel Strategy
Digital Sales

Operations

Navigating India's medical landscape, YCP offers tailored operational consulting for device firms.

Project Management Office (PMO)
Growth Strategy Implementation
Operation Transformation
Manufacturing
Organization Design

Supply Chain Management

Navigate India's med-device landscape with strategic SCM insights for operational efficiency.

Supply Chain
Digital Supply Chain
Procurement
Logistics

M&A, Transactions, and PMI

Leverage risk mitigation and strategic insight to navigate M&A and PMI complexities in India biotech.

M&A Strategy
Divesstiture/Curb-out Strategy
M&A Target Scouting
Buyer/Investor Search
Commercial Due Diligence
M&A Execution (Buy-side & Sell-side Financial Advisory)
Valuation
Post-Merger Integration (PMI)
Value Creation
IPO PMO
Joint Venture
Corporate Venture Capital

Strategy

Deliver strategic insights to navigate India's medical device regulations for optimal market entry.

Business Strategy
Corporate Finance
Growth Opportunity Identification
New Business Development
Organization Strategy
Enterprise Risk Management
Asset/Project Risk Management
Digital Strategy
Strategic Partnership & Channel Strategy

Digital Transformation

YCP enhances digital medical enterprise strategies, ensuring compliance and innovation in India.

DX Vision
Digital Roadmap
CIO/CDO Support
System Architecture Design
DX PMO
Artificial Intelligence (AI)
Robotic Process Automation (RPA)
Big Data Analysis
IT Organization Design & Restructuring
IT Portfolio Management
Off-shore Development Centre Set-up

Public Services

Transform India's medical landscape by streamlining device approvals and market access for next-gen advances.

Economic Development
Public Policy Development
E-Governance

Sustainability

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Sustainability Strategy & Implementation
Double Materiality
Decarbonization & Net-Zero Strategy
Climate Change Risks and Opportunities
Sustainability Due Diligence
Supply Chain Assessment
ESG Reporting
Investor Relations & Fundraising
Organization & Governance Design

Market Research

Market Research, India Medical Device Consulting, India

Market Landscape
Market Size
Industry Structure and Trend
Competitive Benchmark
Business Partner Search & Screening
B2B/B2C Customer Survey
Consumer Research

Navigating Medical Device Sector in India

Infrastructure Limitations Challenge in Medical Device Sector

India's medical device industry relies heavily on imports, with around 75% of devices sourced internationally. This dependency poses risks to local development.
Fostering local manufacturing through increased investment in R&D could enhance domestic capabilities. Improving infrastructure may meet surging internal demands.

Regulatory Framework Complexity Inflicts Hurdles

The intricate regulatory environment in India can hamper market entry. Compliance with multiple regulatory bodies adds to administrative burdens and delays.
Adopting more streamlined guidelines and aligning them with global standards could ease entry. An estimated 20% efficiency boost is attainable.

Growth Potential in India’s Medical Device Market

The Indian medical device market is anticipated to reach $50 billion by 2025, ranking among the world's fastest-growing sectors and extending vast opportunities.
Leveraging technology advancements and increasing domestic manufacturing capacity can help capitalize on this growth trajectory.

Increased Healthcare Spending as an Opportunity

With healthcare spending in India projected to exhibit a CAGR of over 15% to nearly double by 2025, demand for medical devices will rise significantly.
By addressing capacity expansion, the growth in spending can facilitate procurement and reduce reliance on international products, boosting local industry expansion.

Our Clients

We have worked with more than 2000 companies throughout various industries.

What Our Clients Say About Us

"We are very happy with the projects handled by YCP for Saint-Gobain. The YCP teams have been fully engaged and have shown real professionalism. They understood our needs and completely fulfilled our expectations. Thanks to a step by step process, many interactions were possible between YCP and our company, and their team reacted with the right flexibility and pace. The studies conducted by YCP delivered very practical recommendations and valuable conclusions for us. We definitely recommend YCP. "

Global Marketing Director

Saint Gobain

"YCP’s vast network and enormous experience in India, benefited us in identifying some of the competent Institutes, which were not on our radar before. Being a huge country, it is not easy to locate such Institutes that may not be popular or generally well known but that may have specific competencies useful for our applications. YCP truly served as a partner to link us with new academia in India, which has great potential for collaboration. I personally appreciate the dedication and professionalism of YCP's entire team, & particularly would like to thank Heiko for his excellent project management & valuable inputs. Thank you for the cooperation and we hope to continue the partnership we have built up so far. "

Asia Partnerships Manager - ITC Asia

Essilor

Results Through Expertise: Case Studies

Learn how we help clients build and implement strategies
that drive sustainable growth in today’s complex business landscape.

Enhancing Syringe Supply Chain Efficiency via Strategic Sourcing

Client

A multi-specialty tertiary care provider

Area

India -- Northern and Eastern regions

Expertise Scope

Supply Chain Turnarounds, Expert Sourcing, Procurement Operations

Project Summary

Utilizing a comprehensive Strategic Sourcing process, the client was able to reduce costs and enhance the efficiency of their syringe supply chain. This netted the client a 10% annual cost reduction, 4% incumbent cost reduction, and successful integration of new suppliers.

Middle Class Hospital Market Opportunity

Client

A management services firm

Area

India

Expertise Scope

Operations Analysis, Process Streamlining, Technology Implementation

Project Summary

Our team conducted a thorough analysis of the client's current operations, identifying areas for improvement and inefficiencies. We developed a comprehensive plan to streamline processes, including implementation of new technologies and optimized resource allocation. Throughout the engagement, we provided ongoing support and guidance to ensure successful implementation.