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Gaps
Key Objectives
Understand the opportunity for
Joint Replacement market in
India, identify gaps and
recommend action plan for
innovative ways of
collaborating with various
stakeholders.
Awareness
Surgeon
Engagement
Affordability
Patient apprehensions
& limited knowledge,
limited sources of
getting information
Low insurance
coverage (10% of
Population) and high
cost of surgeries, Little
Government initiatives
on Joint Replacements
Why?
Still an untapped
market with
huge potential
Expected number of
knee replacement
surgeries 3.5 lakhs in
2017
Background Research
Reasons for
hesitations on the
part of consumer
What will it take to
bring surgeons on
board?
What holds Insurers
back and how to
improve reach?
Responsibility
towards
society
Research Proposal
Expected CAGR of
20-25% in the near
future
Initiatives
Knee Care campaign to
increase customer awareness
and establish emotional
connect. using social and print
media and other options.
Collaboration with NGOs and
Govt. and various stake holders
to offer affordable solutions.
2
Industry Overview
Preliminary Analysis
We conducted extensive secondary research & exploratory
Target Group Survey*
primary research with people with net income above 10
lacs and few Orthopedic surgeon and doctors to
understand the current awareness level of knee * Number of Respondents 25 people (income> 10l) + 5 Doctors
replacement
Opportunities
Implant market to grow at CAGR of
20-25%
3 out of 10 people over 65 need
partial or full joint replacement
treatment.
Rising medical tourism leading to
better infrastructure and increased
spending
More than 150m people suffer from
some degree of arthritis.
Knee and hip joint replacement have
max share compared to other joint
implants
Synergy for
collaboration
Utility for
JNJ
Policy Maker
Low
High
Provider
High
High
Weaknesses
Tracking surgeons execution of surgery
Low rate of implementation of govt
reimbursement schemes.
Success attributed to physicians and
surgeons
Complications and side effects post
surgery.
Clutter of Information over Internet.
Apollo Hospitals,
Sancheti,
Indian Spinal
Injuries Center
Threats
Expensive surgery and low afford-ability
Limited geographical access to
replacement centers
Patient apprehensions and lack of
awareness.
Substitute awareness - Physiotherapy
and Yoga with lower initial cost.
Concerns about side effects post
surgery and success rates of past cases.
Physician
Doctors/Physicians/Surgeons/
Orthopedician
High
High
Patient
Sourced through
Hospitals/surgeons/Inbound
marketing
Low
Medium
Payer
Insurance
Companies/NGOs/Children of
senior citizen
Low
High
Producer
Other competitors
Low
Low
High
High
Promotion
Inbound Marketing
(Internet/Social Consultants/Practo/Alibaba
media
Preliminary Recommendations
Surgeon Training & Engagement
Awareness
Social Media
IMPACT
Create experts driven social media
community
connecting
patients
implanted with J&J implants
Surgeon / Hospitals
Customers primary consulting point are
doctors. They serve as the primary
source of
900
Training
&
Engagement
New Doctors
Web Search
Campus
Inbound Marketing
Family engagement
Programs
Freebies to remain
connected
Need to keep-up with
technology
Difficult
to
change
relationship with older
Newer relatively easier
to tap as they are in
exploring phase
Engagement
65yrs
Average age of
potential orthopedic
patient in INDIA
Conferences
Doctors
regularly
attend
conferences which talk about
new technologies
Sponsoring such events and
explaining product will build
awareness
Course of Action
Flow of Actions
Kick-off Meeting:
Understand from JnJ team on
various aspects of the business
Broad boundaries that shall help
to meet the final objectives of the
Project
Clarity of the final deliverables
from the Project
Delivering Promise:
Once the analysis is completed,
the report shall be prepared.
Drafted report shall be discussed
to avoid last minute
apprehensions.
Before submitting the report
presentation shall be done to
discuss the findings of the Project
Research Planning:
Developing the questionnaire
Preparation of detailed time
activity chart
List out contacts for field work
and identification of key
respondents
Collecting secondary information
Firming up on the questionnaire
and list of contacts
Primary Research:
Contact key suppliers.
Based on inputs from them, key
end-users shall be contacted to
understand other aspects of the
Project
Discussions with apex association
/ regulatory bodies in the industry
For all this, one to one interview
method shall be adopted and shall
be a discreet Project
Data Analysis:
Once the fieldwork is near completion, data from the field shall be
analyzed to achieve the desired output
Utmost care shall be take to remove overlapping and duplicity of the
information
During data analysis, first the correlations shall be established
Usage norms in the segment shall be developed
Any specific deviations or outliers shall be clearly identified and their
impact on the analysis shall be highlighted
6
6
Quizzes
Project Timeline
Day 1-3
Exploratory
Research &
Interaction
with Experts
Day 4-7
Day 8-21
Designing of
Field Study
Questionnaire
and Floating
the same to
stakeholders
Day 2224
Day 2527
Day 2931
Day 3235
Collating,
Refining the
Designing
studying and
basic
strategies to
interpreting framework of achieve the
the data
project
objectives of
the project
Financial
analysis of
the project
7
7