Convergence of Healthcare with Chemicals and Materials - Diversification of Business Models

As Core Markets Become Saturated or Commoditized, Foray into Healthcare Emerges as Important Strategic Move to Ensure Business Sustainability

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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.

Table of Contents

Convergence of Healthcare with Chemicals and Materials - Diversification of Business ModelsExecutive SummaryKey FindingsScope, Segmentation, and Research MethodologyProject Scope and SegmentationResearch MethodologyResearch Methodology (continued)Research Methodology (continued)Research Methodology (continued)Research Methodology (continued)Research Methodology (continued)Research Methodology (continued)Research Methodology (continued)Research Methodology (continued)Research Methodology (continued)Research Methodology (continued)Research Methodology (continued)Key Findings and AnalysisDiversification into Healthcare—Key to SustainabilityKey Challenges Faced by Companies in or Venturing into the Healthcare IndustryEssential Requirements for a Successful Healthcare Business Met by the Companies StudiedIncreasing Focus of Business Models on Building Customer ExcellenceRole of a Brand in Healthcare DiversificationOther Key Success Factors That Have Added Value to Companies Venturing into HealthcareExamples of Identified Successful Business Models in HealthcareExamples of Identified Successful Business Models in Healthcare (continued)Examples of Identified Successful Business Models in Healthcare (continued)Business Model Canvas3M3M―Company ProfileAjinomoto Co., IncAjinomoto Co., Inc―Company ProfileAsahi Kasei CorporationAsahi Kasei Corporation―Company ProfileBASFBASF―Company ProfileBayerBayer―Company ProfileMitsubishi Chemical Holdings CorporationMitsubishi Chemical Holdings Corporation ―Company ProfileSumitomo Chemical Co., LtdSumitomo Chemical Co., Ltd―Company ProfileToray Industries, IncToray Industries, Inc―Company ProfileThe Dow Chemical CompanyThe Dow Chemical Company―Company ProfileQuestions to Consider while Developing the Business Model and Product Value PropositionAppendix I IIlustration of Business ModelsThe Business ModelComponents of Business Model Canvas Analysed in Healthcare Business Models Appendix II Insights into the Healthcare Industry: What makes it tickIntroduction to the Healthcare IndustryUnique Characteristics of the Healthcare IndustryMegatrends Impacting the Entire Spectrum of CareKey Drivers in the Healthcare IndustryKey Challenges in the Healthcare IndustryHealthcare Value ChainPharmaceuticals—Key ParticipantsMedical Devices—Key ParticipantsUpcoming Participants in the Healthcare IndustryRecent Participants in the Healthcare IndustryLegal DisclaimerThe Frost & Sullivan StoryThe Frost & Sullivan StoryValue Proposition: Future of Your Company & CareerGlobal PerspectiveIndustry Convergence360º Research PerspectiveImplementation ExcellenceOur Blue Ocean Strategy

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