Covidien, a leading global supplier of healthcare products, has forayed into the Indian healthcare market with the establishment of its headquarters at Gurgaon.
Covidien will work together with the regions healthcare providers and offer cutting-edge medical solutions and services through sustained clinical leadership.
It was earlier known as Tyco Healthcare. Covidien sells some of the worlds best-known brands in the medical device, medical imaging, medical supplies and pharmaceutical markets. With its dedicated focus on R & D, Covidien is famous for developing high-quality, cost-effective products for markets around the world.
The Company has pioneered several firsts including advanced surgical tools and supplies for minimally invasive surgery, electrosurgery and vessel sealing, pulse oximetry and mechanical ventilation.
Brian King, President, Asia, Covidien said, "Covidien is renowned for identifying clinical needs and developing proven products, procedures and services that make a real difference in patient outcomes. By offering a wide range of world-class products and services across South Asian Association for Regional Cooperation nations, Covidien expects to carve out a distinct leadership role in the region. We anticipate strong, steady growth in the Indian market, in part due to Indias increasingly sophisticated demand for quality healthcare."
Covidien is planning to use its earlier experience and create a much stronger presence in the Indian market. In the areas of bariatric surgery and laparoscopic gastrointestinal surgery, Covidien already has sizable market shares, which the Company will look to increase over time.
Arjun Sarker, Managing Director, Indian Sub-continent, Covidien stated, "The Indian healthcare scenario is undergoing a complete makeover, with world-class healthcare demands by the countrys increasingly prosperous middle class. Therefore, a tremendous synergy exists between what Covidien offers and the roles played by leading Indian physicians and healthcare providers to help patients receive a much better standard of healthcare services, one that is comparable to the best in the world."
He added, "With its vast middle class aspiring to have access to quality healthcare, India is a very exciting market for us and we are committed to helping it grow to its full potential. We want to be recognised as a leading provider of high-quality healthcare products and services that can deliver positive patient outcomes and on which the Indian medical fraternity can rely."
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