Study of Market Potential and Prospective Partners in India for hand-held qPCR Diagnostic Device
Client
Innovation Center of a New Zealand University focused on Health Sciences
Client Need:
- A mobile, lightweight molecular diagnostic technology and device was developed at the University.
- Its Innovation center wanted to study the market potential in India.
- As per Aagami's suggestion, client agreed to include regulatory overview and potential partners in the study.
Solution Approach
- Aagami involved a team of a senior and a junior researcher to conduct secondary and primary research to assess and collect market data.
- Identified Competitors and their product ranges and also did a brief comparison analysis.
- Prepared a crisp and concise report with data, analysis and recommendations
- Also prepared a regulatory overview document
- Captured the potential end users of the product as well as shortlisted potential partners
- Offered consulting support for Partnership Development and India Market Entry with a clearly defined Partnering Strategy and roadmap to achieve the goal.
Results
- The report helped the University in determining conclusively on India market initiative.
- Pleased with the report, the University appointed Aagami to find a licensing partner in India.
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