case study: subscription based surgical navigation market opportunity

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USA 502 Mace Blvd, Suite 15 Davis, CA 95618 United States Tele: (+1) 530-792-8400 BACKGROUND CHALLENGE IMPACT This global Client is a leader in the development of medical devices and technologies. The Company has developed a highly accurate visualization/navigation tool to help surgeons make more informed decisions in the OR. This surgical navigation and intraoperative imaging solution delivers real-time feedback on patient anatomy, instrument position, pathology status, and therapy placement for both preoperative procedure planning and intraoperative confirmation and guidance. The Client wanted a value chain analysis of the post-sale service for the OR navigation equipment. The main objective of the study was to understand the Client’s value/benefits, and how it affected the customer’s perception of a given product and their loyalty to the product’s manufacturer. The Client also needed to confirm/reorganize the service package offering to optimally position the service offer in each relevant customer segment. SOLUTION The solution was designed utilizing a qualitative methodology research approach. A series of 37 In-Depth Interviews (IDIs) were conducted by The MarkeTech Group (TMTG) with Neurosurgeons, OR Managers, Navigation Nurse Coordinators, Purchasing Managers, and Biomedical Engineers. The study confirmed that the Client’s proposed post-sales service concept would be well accepted if certain criteria were met. TMTG also indicated the most promising segment to target at the launch of the new service program and how to structure the Client’s service team to maximize acceptance of the new service concept. EUROPE / FRANCE 3 rue Emile Péhant 44000 Nantes France Tel: +33 (0)2 72 01 00 80 www.themarketechgroup.com MARKET METHODOLOGY MIX South America Europe Qualitative Research Strategic Consulting Quantitative Asia PROFILE CLIENT TYPE PROJECT CATEGORY PRODUCT CREATION LAUNCH PREPARATION Medical Device Medical Imaging Medical Diagnostics Medical IT/eHealth Biotechnologies Pharmaceuticals Technology Assessment Opportunity Analysis Customer and Product Requirements Product Concept Testing Segmentation Analysis Brand Positioning Packaging and Materials Testing Go to Market Planning Pricing PRODUCT MONITORING Customer Satisfaction and Loyalty Post Launch Acceptance MARKET RESEARCH AND PLANNING Custom Market Analysis Market Mix Analysis Subscription Based Surgical Navigation Market Opportunity TECHNOLOGY GO / NO GO North America

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Visit us on the web: http://www.themarketechgroup.com/?utm_source=SlideShare&utm_medium=Social+Media&utm_campaign=Case+Studies About Us: With offices in North America and Europe, The MarkeTech Group provides a unique combination of extensive marketing research methodology expertise, deep medical technology domain knowledge and value-added strategic marketing consulting to medical technology companies who seek high quality marketing research studies and professional marketing strategy consulting. The MarkeTech Group's team of marketing research and strategy experts take pride in integrating their leading voice of customer (VOC) research expertise and strategic consulting into their clients' marketing and R&D departments to help successfully launch and maintain profitable products in healthcare. The MarkeTech Group, LLC 502 Mace Blvd, Suite 15 Davis, CA 95618 Tele: (+1) 530-792-8400 Fax: (+1) 530-792-8447 The MarkeTech Group, SARL 3, Rue Emile Péhant 44 000 Nantes Tele: +33 (0)2 72 01 00 80 Fax: +33 (0)2 40 48 29 40 Contact Us: http://www.themarketechgroup.com/index.php?page=Contact_TMTG&utm_source=SlideShare&utm_medium=Social+Media&utm_campaign=Case+Studies

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Page 1: Case Study: Subscription Based Surgical Navigation Market Opportunity

USA502 Mace Blvd, Suite 15Davis, CA 95618United StatesTele: (+1) 530-792-8400

BACKGROUND

CHALLENGE

IMPACT

This global Client is a leader in the development of medical devices and technologies. The Company has developed a highly accurate visualization/navigation tool to help surgeons make more informed decisions in the OR. This surgical navigation and intraoperative imaging solution delivers real-time feedback on patient anatomy, instrument position, pathology status, and therapy placement for both preoperative procedure planning and intraoperative confirmation and guidance.

The Client wanted a value chain analysis of the post-sale service for the OR navigation equipment. The main objective of the study was to understand the Client’s value/benefits, and how it affected the customer’s perception of a given product and their loyalty to the product’s manufacturer. The Client also needed to confirm/reorganize the service package offering to optimally position the service offer in each relevant customer segment.

SOLUTIONThe solution was designed utilizing a qualitative methodology research approach. A series of 37 In-Depth Interviews (IDIs) were conducted by The MarkeTech Group (TMTG) with Neurosurgeons, OR Managers, Navigation Nurse Coordinators, Purchasing Managers, and Biomedical Engineers.

The study confirmed that the Client’s proposed post-sales service concept would be well accepted if certain criteria were met. TMTG also indicated the most promising segment to target at the launch of the new service program and how to structure the Client’s service team to maximize acceptance of the new service concept.

EUROPE / FRANCE3 rue Emile Péhant

44000 NantesFrance

Tel: +33 (0)2 72 01 00 80www.themarketechgroup.com

MARKET

METHODOLOGY MIX

South AmericaEurope

Qualitative ResearchStrategic Consulting

Quantitative

Asia

PROFILECLIENT TYPE

PROJECT CATEGORY

PRODUCT CREATION

LAUNCH PREPARATION

Medical DeviceMedical Imaging

Medical DiagnosticsMedical IT/eHealth

BiotechnologiesPharmaceuticals

Technology AssessmentOpportunity Analysis

Customer and Product RequirementsProduct Concept Testing

Segmentation AnalysisBrand Positioning

Packaging and Materials Testing

Go to Market PlanningPricing

PRODUCT MONITORINGCustomer Satisfaction and Loyalty

Post Launch Acceptance

MARKET RESEARCH AND PLANNINGCustom Market Analysis

Market Mix Analysis

Subscription Based Surgical Navigation Market Opportunity

TECHNOLOGY GO / NO GO

North America