Alcon, Inc. (Alcon) is the worlds leading shopping center explosive charge company. In 2008, Alcons sales totaled
US $6.3 one thousand thousand (an increment of 12.4% over 2007) and net earnings of US $ 2 billion (refer to adjunct C). Alcon which has been dedicated to the ophthalmic manufacturing for 65 years is involved in three main business lines: consumer proceedss (consumer eye complaint US $ 0.9 billion), branded drugs (pharmaceuticals US $ 2.6 billion) and medical devices (surgical US $ 2.9 billion) [9]. It manages its business through two segments: Alcon United States and Alcon International [10].
2. Alcons primary product market
Alcon is present in every large market in the world where ophthalmology and optometry are practiced and sells its products in more than 180 countries worldwide (refer to appendix A). With net sales of US $ 2.9 billion, surgical devices are Alcons primary market. This industry segment is highly hawkish due to rapid expert changes. Here, the company mainly competes with Bausch & Lomb Incorporated and Advanced Medical Optics, Inc (refer to appendix B).
Alcons direct customers are eye care professionals as swell up as direct purchasers, such as hospitals, managed care organizations, government agencies/entities and individuals.
3. Sources of Alcons market power and competitive advantage
Alcons competitive advantage stems from its focus on a single, profitable corner of the healthcare industry, and from having the worlds largest corporate R&D commitment of eye care companies (US $3 billion) [9] as well as from its global presence and from the renown high product quality. Alcon boasts either the #1 or #2 best-selling products in each of its major business lines which enhances their market power. Further, patents for most of Alcons...If you deficiency to get a full essay, order it on our website: Orderessay
If you want to get a full essay, wisit our page: write my essay .
No comments:
Post a Comment