The document analyzes Porter's Five Forces of competitive position in Pakistan's medical market. Supplier power is low as there are many countries that can supply medical equipment and medicines to Pakistan. Buyer power is also very low as only 10% of Pakistan's population has access to healthcare, so individual buyers have little influence. Competitive rivalry exists between European, Chinese, Japanese, and South Korean medical product companies. New market entrants face barriers like high costs of US goods, regulatory risks, corruption, and a weak judicial system.
The document analyzes Porter's Five Forces of competitive position in Pakistan's medical market. Supplier power is low as there are many countries that can supply medical equipment and medicines to Pakistan. Buyer power is also very low as only 10% of Pakistan's population has access to healthcare, so individual buyers have little influence. Competitive rivalry exists between European, Chinese, Japanese, and South Korean medical product companies. New market entrants face barriers like high costs of US goods, regulatory risks, corruption, and a weak judicial system.
The document analyzes Porter's Five Forces of competitive position in Pakistan's medical market. Supplier power is low as there are many countries that can supply medical equipment and medicines to Pakistan. Buyer power is also very low as only 10% of Pakistan's population has access to healthcare, so individual buyers have little influence. Competitive rivalry exists between European, Chinese, Japanese, and South Korean medical product companies. New market entrants face barriers like high costs of US goods, regulatory risks, corruption, and a weak judicial system.
Porters Five Forces of To afford expensive US goods
and meet their demand Competitive Position Regulatory risks and lack of transparency in public sectors
Corruption and weak judicial
system also considered a barrier
Supplier Power Competitive Rivalry, eg: Buyer Power
Supplier power is low as there Buyer's power is very low in involved more than in countries to Pakistan as 10% of the whole provide medical equipments and Main competitors are European, Chinese, population is facilitated with medicines i.e America, China, Japan, Japanese, and South Korean products healthcares sources Korea etc Such a low margin of people don't Many foreign manufacturers and effect the overall medical market suppliers appoint one or more of Pakistan. agents/distributors to cover the entire country. At times, foreign principals work through a regional office in Dubai, Singapore, or Product and Technology London. It is comparatively easy to Development switch agents and distributors in Pakistan, as per agreed terms in contract, without being exposed to Diagnostic imaging legal liability. equipment Lab equipment, diagnostic point-of-care tests Laser surgery devices Cyberknife system Implantable cardiac devises, neurostimulation systems Dental equipment and materials Orthopedics and prosthetics Mobile hospitals and ambulances