A Post-Acquisition Market Assessment in Europe
Challenge
A medical device company acquired a portfolio of surgical devices in Europe but lacked enough market data to drive its strategy in key European markets.
The client came to GLG looking for deep expertise from difficult-to-reach populations of surgeons and purchasers. The client’s most pressing needs included sizing the market, developing a plan to grow market share, and determining a pricing strategy.
The GLG Solution
GLG assembled a project team with deep sector experience and rigorous quantitative and qualitative research capabilities. The team included two independent leads with a combination of experience at top-tier consultancies, healthcare firms, and life sciences companies.
The team quickly completed 30 one-on-one interviews with surgeons and a large multi-country survey of 250 surgeons and administrators across eight countries. To achieve a significant sample of experts with the required expertise, GLG built a panel that combined existing experts from its network with additional custom recruiting.
Outcome
The project team synthesized the findings and outlined quantitative and qualitative assessments of high-value opportunities organized by country, including a market-by-market overview of relevant medical devices.
Why GLG?
The client used GLG’s final map of the European market to create rigorous, data-driven country-level growth strategies.
Staffing
GLG sourced two independent project leads with deep experience in industry and market research
Custom Recruiting
GLG contacted thirty surgeons and hospital purchasing executives, and surveyed 250 respondents across eight countries
Project Breadth
GLG conducted 30 qualitative interviews and implemented a survey with a panel of 250 surgeons and payors
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As the world’s insight network, GLG connects clients to the subject-matter experts who can provide real-world insights to make informed decisions. Our team of professionals work with you to create a tailored approach that identifies, assesses, and answers your questions on your timeline. We bring the power of insight to every great professional decision.