A global Biomedical company
The client wanted to conduct a landscape and whitespace analysis of biomedical components to find the details of relevant assignee and product information in the concerned domain from product searches/approved devices on concerned government authority databases.
An in-depth analysis of relevant assignee and product information was done through patent databases, company websites, product brochures, government databases, article, blogs and other secondary sources. The patents were then ranked using our in-house Patent Strength Analysis Tool. The identified products were mapped with the products listed on the government databases to extract insights. Following which a detailed patent landscape in the technology area was conducted to identify established and emerging products along with the whitespaces. The client’s core competencies were mapped with the identified whitespaces to identify the most feasible area to enter.
This study helped the client to identify the products which were approved on concerned government databases. It also helped to act accordingly in the white space area for future R&D, sales and marketing strategies and helped in identifying the key players in that segment.