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Custom Market Research & Consulting
Custom Consulting
Our specialized medical market research and consulting services support you with unique strategies to fulfill your vision and complement internal market intelligence.
Wondering What Medical Device Markets We Cover?
Custom Market Research & Consulting
We are able to produce reports on regions and segments not traditionally available in off-the-shelf market data. A particular product or procedure based on HCPCS or ICD-9 codes can be studied in deeper segmentation so a new “bottom-up” report can be compiled, specifically targeted for your needs.
You will be partnered with our experienced team of market analysts to address the challenges and opportunities facing your business and provide insight to guide marketing and sales decisions.
Our custom reports can include:
- Primary market segments and sub-segments
- Average selling prices
- Market size, drivers and limiters
- Procedure volumes
- Market potential for new products
- Merger and acquisition targets
- Competitor and product analysis
- Client-specific surveys
Our Process
______________
Needs Asssessment
Our custom solution development always starts with listening to you – our client. We don’t seek to simply collect your needs and requirements, instead, we focus on understanding the drivers behind them.
Research Proposal
After the research outcomes are established, we turn to our analyst team to develop a solution framework that would best fit your needs. Their goal is to find the most feasable answers to your research questions.
Research Development
After proposal is approved, our analyst team begins collecting all the necessary primary and secondary data and compiling it into a comprehensive research solution. The project timeline depends on the depth and difficulty of research required.
Research Delivery
When the research is completed, it is passed on to our senior analyst team to confirm and validate the data. Only after the research is polished and passed our quality standards, it is delivered directly into your hands.
Our custom reports can include:
- Primary market segments and sub-segments
- Average selling prices
- Market size, drivers and limiters
- Procedure volumes
- Market potential for new products
- Merger and acquisition targets
- Competitor and product analysis
- Client-specific surveys
Our Process
______________
Needs Asssessment
Our custom solution development always starts with listening to you – our client. We don’t seek to simply collect your needs and requirements, instead, we focus on understanding the drivers behind them.
Research Proposal
After the research outcomes are established, we turn to our analyst team to develop a solution framework that would best fit your needs. Their goal is to find the most feasable answers to your research questions.
Research Development
After proposal is approved, our analyst team begins collecting all the necessary primary and secondary data and compiling it into a comprehensive research solution. The project timeline depends on the depth and difficulty of research required.
Research Delivery
When the research is completed, it is passed on to our senior analyst team to confirm and validate the data. Only after the research is polished and passed our quality standards, it is delivered directly into your hands.
Wondering What Medical Device Markets We Cover?
Browse our Report Library to see our recent areas of research.
Custom Consulting Case Study
1. Problem Definition
Client: Leading global dental manufacturer
Need: Determine why their teeth whitening products are under-performing
Want: Detailed landscape of the market and insight into their customer’s opinions
Long Term Goal: Increase profitability
2. Establish an Approach
Collaborate with the client to develop a comprehensive grasp of the objectives.
In this case, the client needed both their customer’ impressions of the company and its product lines, as well as global market influences.
iData proceeded to combine our nine-step research methodology with Client-Specific Surveys to achieve quantifiable results.
3. Results
A global analysis of the total number of teeth whitening procedures being performed revealed the reason for the low sales.
While American patients often requested teeth whitening, the European demand largely depended on the dentists’ promotion of this service.
4. Action Taken
After receiving the results of our research, the client chose to capitalize on the U.S. market by promoting their products directly to the consumer rather than the dentist, realizing that it was truly the patients driving sales.
In Europe, they focuses on dentists to whom they would relay on as distributors for their teeth whitening products.
With their newly informed marketing approach, the client can expect to see growth in their once under-performing product lines.
Start Planning Your Research
To receive more information about previous consulting projects, or to speak with an account manager or analyst regarding your research needs use this request form.
