Case Study

Understanding market dynamics of a rare disease

Objective

  • Understand the awareness, usage and perception of somatostatin receptor nuclear imaging studies for neuroendocrine tumors
  • Evaluate current and future testing prescription patterns for nuclear imaging studies
  • Assess the relative importance of various attributes that impact the usage of a brand 
  • Compare and evaluate sales force effectiveness of the client’s brand and its key competition

Approach

  • Designed a quantitative questionnaire with a mix of closed and open-ended questions for respondent categories including oncologists, nuclear medicine specialists and nuclear medicine managers
  • Assessed the drug usage, user awareness and perception as well as future trends in somatostatin receptor nuclear imaging studies for neuroendocrine tumors

Outcome

Client received insights pertaining to –

  • Existing imaging product usage (brand wise and frequency wise)
  • Prescription preference and projected volume changes and the factors impacting these
  • Attribute prioritization related to decision-making process

Client Benefits

  • The client gained an enhanced understanding of the awareness and utilization of imaging studies, projected volume changes and the factors influencing these changes
  • Obtained a clearer insight into the strengths, weaknesses, opportunities and threats of their own brand and the key competitors
  • The research provided a detailed analysis of the effectiveness of the sales force and identified potential areas for gaining a competitive advantage

Primary Market Research