Accelerate Associates
Accelerate Associates, a market research and outsourced marketing management services company, specialises in assessing the market for novel devices that are at the concept stage of development.
Making informed decisions at the early stages of product development is vital for the success of any products and Accelerate Associates delivers bespoke primary and secondary research packages to support product development and aid commercial decisoin making from birth to cradle. Accelerate Associates reports look to provide relevant clinical opinion, benchmarking of competitor products and conducting route-to-market analyses focused on supplying the National Health Service in the UK market.
Identfying the market for a novel concept is not without its challenges and requires complex primary research. typically Accelerate Associates will examine areas such as:
- How will the new product compare with existing technologies available on the market
- Will the new product satisfy currently unmet needs whilst selling at a price that NHS buyers will pay
- What is the competitive landscape of the existing market? What will be required to acheive market share?
- What are the USPs of the new product - does the product actually offer something above and beyond the current market?
- How does the market consume existing products? E.g. are they purchased in advance or ordered when an immediate need arises?
- What is the nature of the relationship between incumbent suppliers and the NHS?
For further information on Accelerate Associates please log onto: