Multi-Omic Technology Opportunity Assessment
Life Science Tools & Manufacturing
>350
>1,000
30
Pricing Strategy
Voice-of-Customer Research
Competitive Analysis
Market Landscaping and Sizing
Novel Technology Commercialization
Technology Application Identification
Objective
A ~$100M research tools and diagnostics company wanted to understand key applications and revenue potential of its novel technology to inform a go / no-go development decision
Our Approach
Secondary Research
- Conducted publication and clinical trial analysis of comparable technologies as a proxy to understand potential use cases and customer types
Primary Research
- Conducted telephone interviews with researchers, lab directors, and technology KOLs to gather insights about likelihood of adoption, use cases, product specifications, potential sample volumes, and pricing
- Prioritized applications and customer types
Quantitative Analysis
- Built a comprehensive market model to project the revenues from the platform under multiple business model scenarios, including as a service and/or a platform
- The model allowed for dynamic scenario building based on pricing, platform specifications, adoption penetration, and customer types
Outcome
Client green-lit the development of the novel tool and incorporated platform specifications identified through DeciBio research. The novel tool was developed and performed well in early-access program studies with customer types prioritized by DeciBio research.
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