Opportunity Analysis - Genomics
Client: A Leading Biotechnology Company in the US
Business Objectives:
Client wanted to expand in emerging markets, the client wanted to gain insights on below:
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What can be a value-based approach related to product pricing
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Which countries have highest potential in terms of penetration of genomics and next-gen sequencing
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How is the technology roadmap for the novel genomic products & services
Scope defined:
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Estimating the total market size of genomics in emerging countries and forecasting the same for the next 5 years
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Analyzing the influx of start-ups in genomics industry and their impact on the position of established players
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Furnishing strategies around propelling the penetration of innovative genomic sequencing platforms in emerging countries
Outcome Delivered:
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Growing prevalence of chronic diseases in developing countries has augmented the demand for highly precise genomic testing services, which is likely to boost the emergence of start-ups in genomics and next-gen sequencing industry.
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Collaborating with other resourceful players for sharing the technologically advanced genomics platform can lead to consolidation of the market and allow companies to develop therapeutic assets
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