Market research in healthcare industry

Pharmaceutical and medical companies, or – simply – healthcare companies, act on the fastest growing market. By 2018 this market is predicted to reach a global size of 440 billion of dollars. It means more than 4% growth per year. For any company, small, medium or big, this sector is very challenging, especially on emerging markets. In this industry it is essential for companies to build flexible policy with quick adjustments to changing situation. In this process may help professionals from medical market research Poland, for example in the studies about exploitation of emerging markets, learning about opportunities for innovation, new markets and development, trends, complex environment, law regulations, opportunities and potential threats.

Market research for pharmacy Poland
and for medical sector in Poland

In such important research, as is medical market research representatives of the company need comprehensive research resources. Everything begins from the desk research, than quantitative and qualitative interviews are included. For marketing activity, which is extremely important in this sector they need excellent and detailed information. The report has to include recommendations that can be implemented to advertising and marketing strategy. Sometimes, those companies spend a lot more money on marketing, that on research and development. Market research agency study service delivery channels, customer/patients satisfaction, quality standards, staff training standards, product concepts, advertising campaigns and many more.

Research process

Before a realization of such pharmaceutical market surveys Poland, is conceptual phase, in which methodology of a project is developed, with questionnaires and/or scenarios of interviews. Than, people form target group are recruited to take part in qualitative and/or quantitative research. This means customers/patients, physicians, medical facility staff. In qualitative research this is for example: computer assisted telephone interviewing (CATI), computer assisted personal interviewing (CAPI), computer assisted web interviewing (CAWI) and pencil and paper personal interviewing (PAPI).

 

In the field of quantitative research this is individual in-depth interviewing (IDI), focus group interviewing (FGI), mystery shopping, case studies. Sometimes it is recommended to use SWOT analysis and ethnographic studies. For a qualitative research it is very important to do a strict selection of the respondents, according to: demographic and economic variables, lifestyle, shopping preferences and experiences, health situation. For a quantitative research strict selection of the respondents is difficult and reduced to main requirements.

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