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USA 502 Mace Blvd, Suite 15 Davis, CA 95618 United States Tele: (+1) 530-792-8400 BACKGROUND CHALLENGE IMPACT The Client is a leading multinational medical technology device company with a history of developing innovative products addressing the vascular, urological, and oncological markets. The Client wanted to understand the perspectives of OB/GYNs, UROs, and URO/GYNs fields to establish the factors that determine the possibility of the physician performing an office based procedure. By assessing the appropriate factors to use in segmenting the URO/GYN physician population, the Client would be able to determine which specialties are more likely to support office migration. The Client also wanted to determine the likelihood of specific procedures moving from the hospital or ambulatory care center to the physician’s office, as well as understand the factors physicians take into account when considering the migration. Additionally, the research would determine and identify which in-office procedures are most likely to migrate to URO/GYN physician’s offices. SOLUTION To understand the perspectives of target physicians, The MarkeTech Group (TMTG) conducted a nationwide survey of physicians practicing in the targeted specialties. In-Depth Interviews (IDIs) of physicians specializing in each respective field were conducted on a nationwide level. Three key and definitive themes emerged in understand- ing the physician’s decision to migrate procedures to the office: clinical and legal risk, physician efficiency, and physicians’ net profits. In addition, TMTG found that migration of hospital procedures must overcome specific physician concerns in order to be successful and that vendors can play an important role in helping physicians manage these concerns. TMTG identified four key physician personas within the urology field and outlined recom- mendations for effectively engaging each segment. TMTG also identified specific proce- dures that appear to receive the greatest interest for migration to the office. The Client gained a better understanding of the URO/GYN office procedure market and was able to tailor its physician support program to match the characteristics and needs of each identified physician segment based on TMTG’s analysis and recommendations. By fulfilling key requirements identified by TMTG, the Client was able to overcome physician concerns about migrating services to the office, and successfully introduced its products to the market. 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 Exploring the Uro/Gyn Medical Office Market TECHNOLOGY GO / NO GO North America

Case Study: Exploring the Uro/Gyn Medical Office Market

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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: Exploring the Uro/Gyn Medical Office Market

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

BACKGROUND

CHALLENGE

IMPACT

The Client is a leading multinational medical technology device company with a history of developing innovative products addressing the vascular, urological, and oncological markets.

The Client wanted to understand the perspectives of OB/GYNs, UROs, and URO/GYNs fields to establish the factors that determine the possibility of the physician performing an office based procedure. By assessing the appropriate factors to use in segmenting the URO/GYN physician population, the Client would be able to determine which specialties are more likely to support office migration. The Client also wanted to determine the likelihood of specific procedures moving from the hospital or ambulatory care center to the physician’s office, as well as understand the factors physicians take into account when considering the migration. Additionally, the research would determine and identify which in-office procedures are most likely to migrate to URO/GYN physician’s offices.

SOLUTIONTo understand the perspectives of target physicians, The MarkeTech Group (TMTG) conducted a nationwide survey of physicians practicing in the targeted specialties. In-Depth Interviews (IDIs) of physicians specializing in each respective field were conducted on a nationwide level. Three key and definitive themes emerged in understand-ing the physician’s decision to migrate procedures to the office: clinical and legal risk, physician efficiency, and physicians’ net profits. In addition, TMTG found that migration of hospital procedures must overcome specific physician concerns in order to be successful and that vendors can play an important role in helping physicians manage these concerns. TMTG identified four key physician personas within the urology field and outlined recom-mendations for effectively engaging each segment. TMTG also identified specific proce-dures that appear to receive the greatest interest for migration to the office.

The Client gained a better understanding of the URO/GYN office procedure market and was able to tailor its physician support program to match the characteristics and needs of each identified physician segment based on TMTG’s analysis and recommendations. By fulfilling key requirements identified by TMTG, the Client was able to overcome physician concerns about migrating services to the office, and successfully introduced its products to the market.

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

Exploring the Uro/Gyn Medical Office Market

TECHNOLOGY GO / NO GO

North America