Market Assessment: Can I Sell and/ or Should I Sell?
Different countries in Asia Pacific have different regulatory requirements and market requirements.
Companies often make the mistake of doing bulk registration for medical devices without actually realizing whether they have a market or not in a country. Alternatively, companies start talking to distributors who they meet at congresses/trade shows and spend a lot of resources and time in understanding the market and they find out they they do need a small yet significant regulatory requirement in the country. Registration of medical devices in India is mandatory by the regulation made by CDSCO for Market research and Distribution Process.
What We Can Do
Can I sell? | Is there any product such as yours in the market | ?/? |
What is the pricing and competitive players | ?/? | |
What is the market size | ?/? | |
Should I sell? | What is the Market size | ?/? |
Is the market saturated or is it growing/ room for more players | ?/? | |
Which segment of the market does your product selling fall under - Govt, Private (Tier Based) | ?/? | |
How big is the market, who are the competitors and scope of growth | ?/? |