CHAPTER 6 CARDIOVASCULAR DEVICES DISTRIBUTION SHARE 17
CHAPTER 7 CARDIOVASCULAR DEVICES COMPANY SHARE 22
CHAPTER 8 APPENDIX 29
8.01 Methodology 29
8.02 Currency Conversion 30
8.03 Contact Us 31
8.04 Disclaimer 31
List of Tables
Table 1: Cardiovascular Devices in India, Overall Revenues ($ mn), 2000-2011 8
Table 2: Cardiovascular Devices in India, Overall Revenues ($ mn), Historic, 2000-2006 9
Table 3: Cardiovascular Devices in India, Overall Revenues ($ mn), Forecast, 2006-2011 10
Table 4: Cardiovascular Devices in India, Category Revenues ($ mn), 2000-2011 12
Table 5: Cardiovascular Devices in India, Category Revenues ($ mn), Historic, 2000-2006 13
Table 6: Cardiovascular Devices in India, Category Revenues ($ mn), Forecast, 2006-2011 14
Table 7: Cardiovascular Devices in India, Category Volume (Units), 2000-2011 15
Table 8: Cardiovascular Devices in India, Category Volume (Units), Historic, 2000-2006 15
Table 9: Cardiovascular Devices in India, Category Volume (Units), Forecast, 2006-2011 16
Table 10: Cardiovascular Devices, Interventional Cardiology in India, Distribution by Revenue ($ mn), 2005-2006 17
Table 11: Cardiovascular Devices, Peripheral Vascular Devices in India, Distribution by Revenue ($ mn), 2005-2006 18
Table 12: Cardiovascular Devices, Cardiac Rhythm Management in India, Distribution by Revenue ($ mn), 2005-2006 19
Table 13: Cardiovascular Devices, Cardiovascular Surgery in India, Distribution by Revenue ($ mn), 2005-2006 19
Table 14: Cardiovascular Devices, Cardiovascular Prosthetic Devices in India, Distribution by Revenue ($ mn), 2005-2006 20
Table 15: Cardiovascular Devices, Cardiovascular Monitoring and Diagnostic Devices in India, Distribution by Revenue ($ mn), 2005-2006 21
Table 16: Cardiovascular Devices in India, Overall, Company Share by Revenue ($ mn), 2005-2006 22
Table 17: Cardiovascular Devices, Interventional Cardiology in India, Company Share by Revenue ($ mn), 2005-2006 23
Table 18: Cardiovascular Devices, Peripheral Vascular Devices in India, Company Share by Revenue ($ mn), 2005-2006 24
Table 19: Cardiovascular Devices, Cardiac Rhythm Management in India, Company Share by Revenue ($ mn), 2005-2006 25
Table 20: Cardiovascular Devices, Cardiovascular Surgery in India, Company Share by Revenue ($ mn), 2005-2006 26
Table 21: Cardiovascular Devices, Cardiovascular Prosthetic Devices in India, Company Share by Revenue ($ mn), 2005-2006 27
Table 22: Cardiovascular Devices, Cardiovascular Monitoring and Diagnostic Devices in India, Company Share by Revenue ($ mn), 2005-2006 28
Table 23: Currency Conversion to USD at 2006 Constant Rate 30
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Used Refurbished Medical Equipment
Leasing gives the healthcare provider the opportunity to enjoy the exponential growth rate of medical equipment technology. The medical community may now offer diagnoses based on information about a patient's condition that we couldn't accurately obtain using older equipment. The problem is that most organization's capital budgets just can't keep pace with the quickening of technology advances.
The problem is getting worse
If you're like most medical care providers, you are facing the dilemma of how to provide cutting-edge care to your patients but don't have the financial reserves (cash or credit) to make the purchase of new equipment. One could argue that it is economics that slows down the delivery of medical care. Standard accounting practices allow for the assets to be depreciated over five years. What do you do when the equipment needs to be replaced in some amount of time less than five years? One option is to try selling the outdated equipment on eBay or somewhere else in the open market.
There is a better solution
There is another option that many astute organizations use. They simply lease the equipment. Why lease? It's all about cash flow. Typical leasing standards require you to put just two payments down in cash. In addition, an operating lease will allow you to write 100% of the cost of the equipment as expense on your firm's income statement. By treating the asset as an operating expense you don't have to deal with depreciation on the leased medical equipment. Plus the lease does not show up on your credit report, possibly freeing you to make other necessary purchases.
Is leasing for you?
While most organizations need to be in business for at least 3 years, savvy shoppers can find leasing companies that have no time-in-business requirements. Even without documenting your financial statements, you should be able to enter into leases up to $150,000. By providing a bit of financial information, you can lease items with a much higher dollar figure.
Does this sound like a viable option?
Typical lease terms are two to five years, and are affected by the typical useful life of the item you are leasing for your business. Some leasing companies have the flexibility to buy back newly acquired equipment assets and convert them into leases. Do you normally pay shipping, installation, training and other soft costs on top of the actually hardware? You can search out leasing companies that will include these items in the lease. Have a lease with unfavorable terms? Most do not know it, but you can actually refinance leases into one with more favorable terms. Be wary, however, of expensive penalties that may be outlined in the lease agreement.
If you're strapped for cash, or just want to conserve it for other business purposes, leasing will enable you to obtain a much needed piece of business (medical or otherwise) equipment without a large outlay of cash.
Both Bharat Book Bureau & Kent Harlan are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Bharat Book Bureau has sinced written about articles on various topics from Medical Related, Cardio Training and Medical Related. Bharat Book Bureau207, Hermes Atrium, Sector 11, Plot No.57,PO Box.54, CBD Belapur,Navi Mumbai - 400 614, India.Phone:+91-(022)-2757 8668 / 2757 9438 Fax:+91-(022)-2757 9131E-mail:. Bharat Book Bureau's top article generates over 27100 views. to your Favourites.
Kent Harlan has sinced written about articles on various topics from Business Loans, Business and Finance and Business and Finance. Kent Harlan has been a CPA since 1984 and is the owner of Ozarks Capital Funding, a firm offering financing in the areas of accounts receivable factoring,. Kent Harlan's top article generates over 9900 views. to your Favourites.
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