Vygon SWOT Analysis, USP & Competitors

Posted in Pharmaceuticals and Healthcare, Total Reads: 879
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SWOT Analysis of Vygon with USP, Competition, STP (Segmentation, Targeting, Positioning) - Marketing Analysis

Vygon

Parent Company

Vygon

Category

Medical devices

Sector

Healthcare

Tagline/ Slogan

Value life

USP

Vygon’s name has become synonymous with quality and reliability in the field of single-use medical and surgical products

STP

Segment

Medical supplies, devices, laboratory equipment and diagnostic products

Target Group

Healthcare institutions, life science researchers, clinical laboratories, industry and the general public

Positioning

With a high degree of quality and at a competitive price, Vygon offers health-care professionals the best possible chances to treat and care for their patients in the most secured conditions

SWOT Analysis

Strengths

1. Wide and diverse product portfolio
2. Strong brand presence and diverse operations make it a strong player
3. Strong history of innovation and service
4. Global diversified health company with focus on medical devices, pharmaceuticals and biotechnology

5. It has over 2000 employees and a reach of about 100 countries

Weaknesses

1. Huge investments of both time and money are required to develop a new technology
2. Product recalls have affected reputation/ loss of market share
3. Relationship with suppliers and other partners

Opportunities

1. Innovation at all levels - products, services and marketing
2. A policy of acquisitions and partnerships with prescription laboratories and distributors
3. Strategic alliances likely to improve market position

Threats

1. Stringent regulations could undermine domestic and international sales position
2.Need for geographical expansion as the existing markets are maturing

3. Volatile costs and revenue due to fluctuating exchange rates

Competition

Competitors

1. JMI Syringes & Medical Devices Ltd.
2. Martindale Pharma
3. Miktell

 


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