Niir Project Consultancy Services (NPCS) through its network of project consultants in a wide range of business and technological disciplines is engaged in providing services to its clients by way of preparation of project reports. We provide the pre-investment information and business plans required for promoters, business leaders, young entrepreneurs, women entrepreneurs, investors, NRI (Non Resident India), startups, professionals looking to start their own venture. The comprehensive project profile reports cover all the aspects of business, from analyzing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. the scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet, break-even point, rate of return (ROR), etc. the DPR is formulated by highly accomplished and experienced consultants and the market research and analysis are supported by a panel of experts and digitized data bank.


Business Plan for Production of Surgical Products (Surgical Absorbable Suture, Non Absorbable Suture, Surgical Mesh, Bone Wax, C Section Kits, Surgical Glue & Surgical Stapling)

Capacity 0 Plant and Machinery cost 6900000.00 Lakhs
Working Capital 0.00 Rate of Return (ROR) 31.00 %
Break Even Point (BEP) 56.00 % TCI 0.00 Lakhs
Cost of Project 1800.00Lakhs

Description:

Choosing surgical items wisely will help you avoid wasting money or purchasing subpar equipment. Surgical products are an essential component of any hospital or doctor's office. You may learn how to select the best surgical items for your needs from this guide, as well as why purchasing surgical supplies should be viewed as an investment rather than a one-time purchase. This tool can assist you in streamlining your operations, regardless of whether you're new to this field of work or simply want to brush up on your knowledge.

Surgical products, usually referred to as surgical gadgets, are tools used during surgery to speed up healing and shorten the recovery period. The best surgical product for you will rely on a variety of factors, including your individual medical situation, the type of surgery you will be having, and more. To assist you in getting ready for your own procedure, this article will examine all of the many surgical items available on the market today and describe how they are utilised in surgery.

Suture for Surgery

A surgical suture, usually referred to as a stitch or stitches, is a piece of medical equipment used to hold bodily tissues together and roughly define the boundaries of wounds following an operation or injury. Typically, application entails the use of a needle with a threaded attachment. The form, size, and properties of the needles, as well as the type of thread used, determine the various suture types. The characteristics and location of the wound or the particular bodily tissues that need to be approximated should be taken into consideration while choosing a surgical suture.

Biological Sutures

Absorbable sutures should not be used on body tissue that needs more than two months of tensile strength because they either deteriorate through proteolysis or hydrolysis. It is typically administered intravenously during surgery or to forego additional treatments in people who are unlikely to return for suture removal.

Sutures That Don't Absorb

These sutures do not degrade and maintain a higher tensile strength for extended periods of time. They are suitable for tissues exposed to significant mechanical or shear forces (tendons, certain skin location). Additionally, because they need less thread memory, they give the operator greater usability.

Dental Mesh

A loosely woven sheet called surgical mesh is used during surgery to support organs or other tissues either permanently or temporarily. A number of operations use surgical mesh, which is made from both inorganic and biological elements. Despite being most frequently utilised for hernia repair, surgery can also be employed for reconstructive procedures such pelvic organ prolapse.

Wax Bone

Bone has a lot of blood and bone marrow channels. Osseous haemorrhage can be a challenging issue to manage, especially in the spine and sternum, which are highly vascular bones that are surgically incised or broken. Medical-grade sterile bone wax is a necessary component for maintaining bone hemostasis during orthopaedic, thoracic, and neurological procedures.

C section kit

A caesarean section, sometimes known as a C-section, is a medical surgery that involves making an abdominal incision to deliver a baby. In certain circumstances, such as when the health of the expectant mother or the foetus is in jeopardy, specific pregnancy issues occur, and labour does not proceed, your doctor may advise this surgery.

Medical Adhesive

An adhesive possesses qualities that enable in situ polymerization to result in tissue-to-tissue or tissue-to-non-tissue surface adhesion. Tissue adhesives are typically used to hold two sides of tissues together and aid in wound healing until newly grown tissue is strong enough to sustain it mechanically.

Medical Staples

Medical instruments like surgical staplers and staples can be used in place of sutures. They are less uncomfortable for patients than stitches and can repair huge wounds or cuts more quickly. They are frequently employed in minimally invasive procedures. In surgeries to remove organs or to reconnect pieces of internal organs, they can also be used to seal wounds in locations where skin is close to bone.

Market Outlook:

With a revenue share of more than 40.0 percent in 2021, the surgical sutures and stapler’s category held the majority of the market share. This can be related to the widespread use of sutures and staplers in wound closure techniques as well as their high adoption rate. Due to the advantages of staplers over sutures, the segment for staplers is anticipated to grow. This includes quick wound recovery and less chance of infection. The market is divided into electrosurgical devices, handheld surgical devices, and surgical sutures and staplers based on the product.

The size of the global market for surgical equipment was estimated at USD 14.34 billion in 2021, and it is anticipated to increase at a CAGR of 9.3% from 2022 to 2030. The market is primarily being driven by factors including an ageing population, an increase in the frequency of lifestyle disorders that eventually require surgery, rising healthcare expenditures, and significant unmet surgical needs. Along with these factors, the market is anticipated to develop over the course of the forecast period due to growing technical advancements in minimally invasive operations, shorter hospital stays following surgery, and an increase in the number of ambulatory surgical facilities.

Industry Major Market Players:

•        B. Braun Melsungen Ag

•        Smith & Nephew plc

•        Zimmer Biomet Holdings Inc.

•        Stryker Corporation

•        Alcon Laboratories Inc.

•        Aspen Surgical Products, Inc.

•        Medtronic Inc.

•        Ethicon Inc.

•        Becton, Dickinson and Company

Cost Estimation:

Capacity:

Surgical Absorbable Suture                               5,000 Pcs. per Day

Non Absorbable Suture                                      5,000 Pcs. per Day

Surgical Mesh                                                      5,000 Pcs. per Day

Bone Wax                                                            5,000 Pcs. per Day

C Section Kits                                                    1,000 Pcs. per Day

Surgical Glue                                                      5,000 Pcs. per Day

Surgical Stapling                                                2,000 Pcs. per Day


Information

  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

ABOUT NPCS

 

NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report,  Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Section of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

Our Detailed Project report aims at providing all the critical data required by any entrepreneur vying to venture into Project. While expanding a current business or while venturing into new business, entrepreneurs are often faced with the dilemma of zeroing in on a suitable product/line.

 


And before diversifying/venturing into any product, wish to study the following aspects of the identified product:


• Good Present/Future Demand
• Export-Import Market Potential
• Raw Material & Manpower Availability
• Project Costs and Payback Period


We at NPCS, through our reliable expertise in the project consultancy and market research field, Provides exhaustive information about the project, which satisfies all the above mentioned requirements and has high growth potential in the markets. And through our report we aim to help you make sound and informed business decision.

 

The report contains all the data which will help an entrepreneur find answers to questions like:

• Why I should invest in this project?
• What will drive the growth of the product?
• What are the costs involved?
• What will be the market potential?


The report first focuses on enhancing the basic knowledge of the entrepreneur about the main product, by elucidating details like product definition, its uses and applications, industry segmentation as well as an overall overview of the industry sector in India. The report then helps an entrepreneur identify the target customer group of its product. It further helps in making sound investment decision by listing and then elaborating on factors that will contribute to the growth of product consumption in India and also talks about the foreign trade of the product along with the list of top importing and top exporting countries. Report includes graphical representation and forecasts of key data discussed in the above mentioned segment. It further explicates the growth potential of the product.

The report includes other market data like key players in the Industry segment along with their contact information and recent developments. It includes crucial information like raw material requirements, list of machinery and manufacturing process for the plant. Core project financials like plant capacity, costs involved in setting up of project, working capital requirements, projected revenue and profit are further listed in the report.


Reasons for buying the report:

• This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, demand of the product and reasons for investing in the product.

• This report provides vital information on the product like its definition, characteristics and segmentation.

• This report helps you market and place the product correctly by identifying the target customer group of the product.

• This report helps you understand the viability of the project by disclosing details like raw materials required, manufacturing process, project costs and snapshot of other project financials.

• The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decision.

 

Our Approach:


• Our research reports broadly cover Indian markets, present analysis, outlook and forecast.

• The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players. 

• We use reliable sources of information and databases.  And information from such sources is processed by us and included in the report.

 

Our Market Survey cum Detailed Techno Economic Feasibility Report Contains following information:

 

 

Ø  Introduction

·         Project Introduction

·         Project Objective and Strategy

·         Concise History of the Product

·         Properties

·         BIS (Bureau of Indian Standards) Provision & Specification

·         Uses & Applications

 

Ø  Market Study and Assessment

·         Current Indian Market Scenario

·         Present Market Demand and Supply

·         Estimated Future Market Demand and Forecast

·         Statistics of Import & Export

·         Names & Addresses of Existing Units (Present Players)

·         Market Opportunity

 

Ø  Raw Material

·         List of Raw Materials

·         Properties of Raw Materials

·         Prescribed Quality of Raw Materials

·         List of Suppliers and Manufacturers

 

Ø  Personnel (Manpower) Requirements

·         Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel

 

Ø  Plant and Machinery

·         List of Plant & Machinery

·         Miscellaneous Items

·         Appliances & Equipments

·         Laboratory Equipments & Accessories

·         Electrification

·         Electric Load & Water

·         Maintenance Cost

·         Sources of Plant & Machinery (Suppliers and Manufacturers)

 

Ø  Manufacturing Process and Formulations

·         Detailed Process of Manufacture with Formulation

·         Packaging Required

·         Process Flow Sheet Diagram

 

Ø  Infrastructure and Utilities

·         Project Location

·         Requirement of Land Area

·         Rates of the Land

·         Built Up Area

·         Construction Schedule

·         Plant Layout and Requirement of Utilities

 

Project at a Glance

Along with financial details as under:

 

  •     Assumptions for Profitability workings

  •    Plant Economics

  •    Production Schedule

  •    Land & Building

            Factory Land & Building

            Site Development Expenses

  •    Plant & Machinery

             Indigenous Machineries

            Other Machineries (Miscellaneous, Laboratory etc.)

  •    Other Fixed Assets

            Furniture & Fixtures

            Pre-operative and Preliminary Expenses

            Technical Knowhow

            Provision of Contingencies

  •   Working Capital Requirement Per Month

             Raw Material

            Packing Material

            Lab & ETP Chemical Cost

           Consumable Store

  •   Overheads Required Per Month And Per Annum

         Utilities & Overheads (Power, Water and Fuel Expenses etc.)

             Royalty and Other Charges

            Selling and Distribution Expenses

  •    Salary and Wages

  •    Turnover Per Annum

  •   Share Capital

            Equity Capital

            Preference Share Capital

 

  •    Annexure 1:: Cost of Project and Means of Finance

  •    Annexure 2::  Profitability and Net Cash Accruals

                Revenue/Income/Realisation

                Expenses/Cost of Products/Services/Items

                Gross Profit

                Financial Charges     

                Total Cost of Sales

                Net Profit After Taxes

                Net Cash Accruals

  •   Annexure 3 :: Assessment of Working Capital requirements

                Current Assets

                Gross Working. Capital

                Current Liabilities

                Net Working Capital

                Working Note for Calculation of Work-in-process

  •    Annexure 4 :: Sources and Disposition of Funds

  •    Annexure 5 :: Projected Balance Sheets

                ROI (Average of Fixed Assets)

                RONW (Average of Share Capital)

                ROI (Average of Total Assets)

  •    Annexure 6 :: Profitability ratios

                D.S.C.R

                Earnings Per Share (EPS)

               

             Debt Equity Ratio

        Annexure 7   :: Break-Even Analysis

                Variable Cost & Expenses

                Semi-Var./Semi-Fixed Exp.

                Profit Volume Ratio (PVR)

                Fixed Expenses / Cost 

                B.E.P

  •   Annexure 8 to 11:: Sensitivity Analysis-Price/Volume

            Resultant N.P.B.T

            Resultant D.S.C.R

   Resultant PV Ratio

   Resultant DER

  Resultant ROI

          Resultant BEP

  •    Annexure 12 :: Shareholding Pattern and Stake Status

        Equity Capital

        Preference Share Capital

  •   Annexure 13 :: Quantitative Details-Output/Sales/Stocks

        Determined Capacity P.A of Products/Services

        Achievable Efficiency/Yield % of Products/Services/Items 

        Net Usable Load/Capacity of Products/Services/Items   

       Expected Sales/ Revenue/ Income of Products/ Services/ Items   

  •    Annexure 14 :: Product wise domestic Sales Realisation

  •    Annexure 15 :: Total Raw Material Cost

  •    Annexure 16 :: Raw Material Cost per unit

  •    Annexure 17 :: Total Lab & ETP Chemical Cost

  •    Annexure 18  :: Consumables, Store etc.,

  •    Annexure 19  :: Packing Material Cost

  •    Annexure 20  :: Packing Material Cost Per Unit

  •    Annexure 21 :: Employees Expenses

  •    Annexure 22 :: Fuel Expenses

  •    Annexure 23 :: Power/Electricity Expenses

  •    Annexure 24 :: Royalty & Other Charges

  •    Annexure 25 :: Repairs & Maintenance Exp.

  •    Annexure 26 :: Other Mfg. Expenses

  •    Annexure 27 :: Administration Expenses

  •    Annexure 28 :: Selling Expenses

  •    Annexure 29 :: Depreciation Charges – as per Books (Total)

  •   Annexure 30   :: Depreciation Charges – as per Books (P & M)

  •   Annexure 31   :: Depreciation Charges - As per IT Act WDV (Total)

  •   Annexure 32   :: Depreciation Charges - As per IT Act WDV (P & M)

  •   Annexure 33   :: Interest and Repayment - Term Loans

  •   Annexure 34   :: Tax on Profits

  •   Annexure 35   ::Projected Pay-Back Period And IRR