LONDON--(BUSINESS WIRE)--Infiniti Research is the world's leading independent provider of strategic market intelligence solutions. Our market intelligence services are designed to connect your organization’s goals with global opportunities. Today's competitive business environment demands in-depth, accurate, and reliable business information to ensure that companies gain a strong foothold in domestic or foreign markets.
Recent studies show that more than half of the healthcare companies have failed while trying to enter a new market. With the healthcare market landscape continually evolving, how can healthcare companies successfully establish their presence in a new market? Infiniti Research helped a prominent healthcare company solve this challenge by offering accurate market entry strategies to successfully establish their business a new region and maximize market share.
The client is a healthcare company based out of the Central United Kingdom. As the UK healthcare market was highly saturated, the client decided to expand its business operations to Germany and Belgium. Other key objectives of the engagement were:
- Objective 1: Analyze the opportunities and challenges in Germany and Belgium
- Objective 2: Understand the size of the market and growth potentials, identify the right business partners to support their operations, and select the right entry mode to enter the new market.
- Objective 3: Evaluate the market entry barriers and take appropriate measures to establish a foothold in the new market.
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The experts conducted a thorough assessment of the market landscape to understand the market size and opportunities in Belgium and Germany. The experts also analyzed factors such as what is driving growth in the market, competitors’ market share, and the regulatory environment. Factors driving growth in the market, competitors’ market share, and the regulatory environment were also analyzed.
Business impact of Infiniti’s market entry solution
By partnering with Infiniti Research, the client was able to:
- Identify suitable pathways for entering the new market.
- Exceed their revenue expectation and achieve millions of dollars in savings within one year of entering the nee market.
- Evaluate and identify the right business partners to support their operations in the new region
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About Infiniti Research
Established in 2003, Infiniti Research, is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to help analyze competitive activity, see beyond market disruptions, and develop intelligent business strategies. To know more, visit: https://www.infinitiresearch.com/about-us