LONDON--(BUSINESS WIRE)--A well-known market intelligence company, Infiniti Research, has recently announced the completion of its latest success story on market opportunity solution for a radiography system medical imaging market client.
A top company in the US radiography system medical imaging market approached experts at Infiniti Research to help them identify solutions to the following business challenges:
- Challenge 1: Client needed to understand radiography system medical imaging market to identify untapped opportunity areas of diversification in small and medium-size hospitals in the US, UK, Italy, and Germany
- Challenge 2: Hospital specific insights in the target regions was not available in secondary domains and reaching out to hospital stakeholders to extract the information was difficult for the client
- Challenge 3: Pricing was dynamic and dependent on multiple factors hence an efficient tracking and estimation model was needed to ensure a competitive advantage
- Challenge 4: Multiple distributors’ presence made it difficult to design an effective sales strategy
For more insights on the volumes, growth technologies, opportunities, and distribution network in the medical imaging market, request a complimentary proposal and we will get back to you within 24-hours.
Experts at Infiniti Research used a combination of their market opportunity assessment, market research solutions, and their growth consulting model to help the client solve critical radiography system medical device challenges and also identify new avenues for revenue generation and growth.
Furthermore, Infiniti’s growth consulting model for the radiography system medical imaging client entailed:
- A growth pipeline to determine opportunity prioritization
- A deep analysis of the prioritized opportunities through market opportunity evaluation
- Building a go-to-market strategy
- Planning and implementation of specific plans with appropriate targets and deadlines
- Market strategy optimization
Business impact of the market opportunity solution for the client:
By leveraging Infiniti’s market research solution and growth consulting model, the radiography system medical imaging company was able to identify cost-saving opportunities worth approximately $24 million.
Besides, the client was able to:
- Gain actionable insights on emerging and untapped potential in the target regions within small and medium hospitals
- Use Quarterly price trackers to keep a tab on hospital preferences and purchase trends
- Enter into long-term, service-based partnerships and identify the most feasible type of contract with the right vendors and distributors in each region based on the regional strength scorecards provided, which in turn created a promising business continuity
- Identify key industry best practices related to regulatory compliance and sustainability
The coronavirus outbreak has affected businesses worldwide, and the radiography system medical imaging market is no exception. Request more info to know how industry experts at Infiniti Research can help companies in the medical imaging market to devise comprehensive action plans to navigate the crisis.
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