Healthcare
Medical Devices
As the medical device technology in healthcare accelerates, we’ll help you gain the competitive edge.
Healthcare
As the medical device technology in healthcare accelerates, we’ll help you gain the competitive edge.
The governments of various countries are working tirelessly to provide access to affordable, good quality, and effective health products. To treat an injured ankle through bandaging to treating a serious COVID-19 patient, medical devices play a prominent role. These are used in numerous settings, for example, by dentists, paramedical staff, surgeons etc. WHO states that there is an estimation of approximately 2 million different kinds of medical devices in the medical devices market. There has been significant rise in the chronic diseases in past few decades, which is leading to the remarkable growth in the demand for medical devices.
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Rising concerns for inflation, fear of recession, contracting revenues, shrinking profit margins, and growing cost pressure on logistics and supply chain has posed a profound stress test for every business organizations globally. We’re helping our clients by delivering integrated solutions based on thorough research, benchmarking, analysis, and strategic discernment to help businesses overcome these challenges and unearth hidden opportunities for sustainable growth and value creation over the coming years.
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We had the need to expand one of our pharmaceutical business lines in Zimbabwe and its nearby areas. We reached out to the leadership of Research Nester who helped us professionally with their customized research solutions to achieve our goal and deliver increased sales and profits.
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We chose Research Nester to help us understand our healthcare operation division’s competence in the global market. We are highly impressed with the thoroughness of the competitive research that is done and all the valuable insights that were shared. We thank the entire team of Research Nester for the same.
Our research indicates that the companies that are able to pass through higher costs to their customers are able to offset the impact of inflation and remain profitable. Companies that are not able to achieve pass-through levels of inflation are more likely to experience losses and struggle to remain competitive. During our services with clients, we focused on aspects including analysing different products evaluating supply and demand dynamics examining competition, and assessing potential risks and challenges associated with their product line. By implementing these strategies companies have been able to enhance their profits and raise their prices effectively.
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