Medical Device Firm Going International | TRC Insights — Greenbook

Medical Device Firm Going International

Presented by TRC Insights

Challenge

The attitudes, preferences, and buying behaviors of clinicians and hospital purchasing decision-makers vary greatly around the world. To successfully bring new medical devices to market you’ve got to understand how these differences influence perceived needs and feature preferences.

Proprietary solution

Our market research company helped Covidien navigate these waters – and tailor its products and pricing to the realities of a global marketplace – with discrete-choice studies among key stakeholder groups in the U.S., Europe, and Asia, including often difficult to reach China clinicians.

Result

The end result: quantitative product design feedback to complement the company’s internal qualitative efforts, and overall greater confidence in the ability of the company’s new products to impress decision-makers and gain share through their appeal to customers’ most critical needs.

About this project

Business issue:

• Defend price premium
• Defend market share
• Brand / product / service launch

Market research specialties

• Surgical Products / Medical Devices

Presented by:

TRC Insights

Data & Analytics

Full Service

Quantitative Research

Featured Expert

TRC Insights

Data & Analytics

Full Service

Quantitative Research

Research & analytics experts in pricing research, segmentation, conjoint, message prioritization, communities, brand equity, using AI research tools.

Learn more

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