HEALTHCARE
Over the past few years, the healthcare industry has grown quickly. The industry is anticipated to expand rapidly going forward from 2022 to 2027. Rapid technological advancements that have enhanced patient care and produced better treatment results have fuelled this growth. Due to their complexity and expense, these technological developments also present supply chain disruptions for businesses operating in this sector.
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Some of the biggest problems facing the healthcare sector today include rapidly changing demographic trends, new regulations, and increased drug pipelines brought on by pandemics like COVID-19. Due to these difficulties, the pandemic has discovered vulnerabilities affecting some of the top businesses in the Medtech, Biopharma, and Healthcare IT sectors.
How we add value:
We are heavily invested in solving industry bottlenecks as a technology-driven expert network company by connecting our clients to subject matter experts in the healthcare sector. They bring a wealth of experience from their work with some of the top leaders in the sector, offering comprehensive solutions through expert consultations for problems involving local markets and international operations
Our experts are a key differentiator to the market research and competitive intelligence conducted by management consulting and market research companies on different facets of healthcare. This includes anything from markets for surgical devices, remote patient monitoring, artificial intelligence in medical diagnostics, and digital therapeutics
What is the Procedure of our work?
We introduce our clients to subject matter experts who not only support them to make strategic business decisions but also invest in the right solutions that allow them to provide better care more effectively. We have a database of healthcare specialists from our Global Expert Network who bring in-depth and premium expertise from some of the top leading companies in the industry.
Whether your main objective is to expand into new markets or to improve your current operations, our experts would steer you through today’s complex healthcare environment to guide your decision-making and help you achieve your objectives. We assist them in enhancing patient care and achieving their strategic growth goals.
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CASE STUDY
Medical Robots market: A competitive intelligence study
Client’s Requirement:
A Healthcare equipment company from the US, looking to extend its operations internationally wanted to learn more about the competitive market situation for medical robots in Asia. They wanted to know how the breakout of the Covid-19 Pandemic would affect regional and worldwide medical robot markets and supply chains, as well as how the high pricing of robotic systems would affect distribution. They were also curious about the benefits of minimally invasive operations versus traditional open surgery
Our Solution:
After completing a thorough literature search and examining the findings in detail, our research team identified the dominant players with the maximum market share in the industry. Understanding that the region of focus is Asia, the research team included subject matter experts who have worked with some of the leading Healthcare equipment companies,across the Asian region.We handpicked the experts from the Sales and Business Development domain and vetted them to ensure they can produce a detailed analysis outlining the state of the market for healthcare robotics. We scheduled an expert consultation where the client could engage in an exclusive discussion with the expert and also provided a complimentary recording and transcript of the call. This not only allowed the client to refer back to the discussion for future references but they can also share the recording and transcript with the rest of the team to make a difference. also included an examination of how Covid-19 virus affected the market and identified the key metrics limiting the market growth. The Expert Point experts were also able to identify the market penetration and how it would change over time, as well as the costs associated with this new technology.
Result:
The expert provided actionable insights during the discussion where the client could get a thorough understanding of the market opportunity, adoptions and penetration strategies and how it would change over time, as well as the costs associated with this new technology. The analysis helped to identify the distribution channels and distributors that would be suitable for reaching their target audience as well as identifying suppliers for the product’s components. Furthermore, the analysis provided useful insights into regional preferences and trends in medical technology, allowing them to establish a roadmap for expansion of their product line into various territories across the globe.