Convergence of Healthcare with Chemicals and Materials - Diversification of Business Models

As Core Markets Become Saturated or Commoditized, Foray into Healthcare Emerges as Important Strategic Move to Ensure Business Sustainability
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Published: 24 Feb 2016

Successful healthcare business models have evolved to increasingly focus on building customer excellence—both product and processes are important for a company’s business model to be successful. While a product provides the base, the process becomes very important for the good execution of the product and also to provide value to customers for repeat business. The objective of the research service is to identify business models which have been used by leading companies globally to successfully enter healthcare. The companies that have had chemicals, materials, and related industries as their core business have been analysed in this study.

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