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Home / Case studies / Strategy and planning / Qualitative market research and analysis (gene expression profiling)

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Qualitative market research and analysis
A European biotechnology company developing a proprietary gene expression profiling technology wanted to improve its understanding of the market its new product would enter.

 

 

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The objectives for the client

The client wanted:

  • a clear market analysis focusing on the use of gene expression profiling within pharmaceutical and biotechnology companies, identifying:

    • the main question that it should answer

    • the purpose of profiling

    • the current gold standard on the market.

  • end user company profiles covering:

    • the current technology of choice and standard reason for this choice

    • benefits and limitations of the current technology

    • details of standard protocols used on the market.

  • an understanding of:

    • the needs of current users of gene expression profiling

    • users' top 5 performance criteria for a 'gold standard' system

    • the key drivers/barriers to entry of a new technology.

  • a brief overview of competing technology.

The programme of work

  • Bridgehead Consulting interviewed key players and potential end users of the novel technology within large pharmaceutical and biotechnology companies.

  • A programme of desk research highlighted the main competitors, current areas of use of gene expression profiling and the key market trends.

  • Bridgehead Consulting attended a conference within the field to gain a thorough understanding of the market, market trends and barriers/drivers for adoption of a new technology.

 

The deliverables to the client

  • A report outlining the gene expression profiling market.

  • A series of interviews with key players and heads of gene expression profiling in large pharmaceutical and biotechnology companies.

  • A list of contacts within the companies that would be interested in receiving further information on the company and their technology.

 

The project achievements

  • A document that outlined the gene expression profiling market, the currently used standard products and the trends and unmet needs in the market.

  • A list of interested parties who would be potential customers.

Added value

Bridgehead Consulting's experience in this area provided the company with an assessment of the market, backed up by the opinions of key-players within the company's potential customer base, which allowed for informed management decisions on the future direction of the company.

 

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Qualitative market research (gene expression profiling)

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