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Frugal Innovation in Healthcare

Frugal Innovation in Healthcare

How Targeting Low-Income Markets Leads to Disruptive Innovation

by Cornelius Herstatt and Aditi Ramdorai
Paperback
Publication Date: 21/10/2016

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This book focuses on how companies are innovating with regard to the Bottom-of-the-Pyramid (BOP) the lowest socio-economic segment, and the organizational conditions they need to be successful. The authors use several examples of disruptive innovations for this market, particularly in the Indian healthcare sector. Low-cost, specialty hospital chains like Aravind Eye Care and Narayana Hrudayalaya have brought down the cost of certain medical procedures significantly. The Indian conglomerate Tata Group and the American healthcare giant GE Healthcare have also developed affordable products targeted at the lowest-income segments in India. The authors present an in-depth analysis of these companies and present their insightful results on disruptive innovation and the ever-challenging BOP market.
ISBN:
9783319367965
9783319367965
Category:
Health economics
Format:
Paperback
Publication Date:
21-10-2016
Publisher:
Springer International Publishing AG
Country of origin:
Switzerland
Pages:
168
Dimensions (mm):
235x155x10mm
Weight:
2.93kg

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