explain product life cycle keeping in view the health sector
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These steps include the initial research, sales growth, maturing of market demand and ultimately the product's decline. ... As mentioned earlier, the product life cycle is separated into four different stages, namely introduction, growth, maturity and in some cases decline.
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Specifically, it describes a number of commercialisation steps that each product goes through as it penetrates the market. ... As mentioned earlier, the product life cycle is separated into four different stages, namely introduction, growth, maturity and in some cases decline.
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