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Conducted comprehensive secondary market research to provide basic information on diagnostic/procedure volumes/incidence rates, etc. |
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Documented the competitive landscape for existing and potential new product entries |
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Conducted a literature review to document clinical trial results, identify thought leaders and delineate the challenges of treating the disease state |
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Interviewed key opinion leader (KOL) physicians from US and international markets to develop base line assumptions for market demand and adoption projections |
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Developed proforma financial statements of revenues and expenses based on market size, market share, revenue and expense assumptions |
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Interviewed industry personnel and select physicians to understand required clinical performance drivers and device attributes |
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Interviewed international thought leaders with new technology experience (through clinical trials) to understand procedure challenges, device features and benefits and recommendations for first generation device improvement |
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Conducted a large scale quantitative study to understand device attributes that will drive
market share |
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Conducted a large scale quantitative study to understand current referral patterns and requirements to change the patterns upon commercialization of the new technology |