Home Practical Training on Medical Devices and Consumables for Informed Global Market Entry

Practical Training on Medical Devices and Consumables for Informed Global Market Entry

Nov 14, 2024 15:13 CST Updated 15:13
VCBeat

Internet Medical Health Media

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withMarket Demand"-oriented, 'going global'"Strategyhas gradually become a widespread consensus among medical device companies.Data shows that in the first three quarters of 2024, China's medical device export trade volume353.4hundred million U.S. dollars, a year-on-year increase of4.4%China’s cumulative medical device exports to countries participating in the Belt and Road Initiative reached $13.44 billion, a year-on-year increase of 5.1%, further expanding its share of the global market. The third-quarter reports of A-share listed medical device companies have further corroborated this assessment:To achieve a top profit ranking, we must make significant strides in overseas markets!


To help medical device industry professionals quickly master the core knowledge of international market selection and investment decisions, embark on a steady start in the path of internationalization, and enhance global competitiveness, VCBeatIn collaboration with VCBeat Consulting and the Suzhou Medical Device Industry Associationand partners, scheduled toDecember 14InSuzhouHost “Practical Training for Chinese Medical Devices and Consumables Going Global”, the event will feature several distinguished guests for an in-depth discussion on the medical device industryOverseas Market Selection, Product Fit Assessment, Entry Pathways and Investment DecisionsContent.


Scan the QR code below to register for the training!More insights on global expansion await you

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Core Issues Addressed by the Training

・Precise Market Analysis

Provide systematic market analysis methods to help enterprises identify and evaluate potential international markets, thereby reducing the risks of blind investment.

・PMF Fit Assessment

By applying the concept of Product-Market Fit (PMF), learners will acquire the skills to assess the alignment between a product and its target market, ensuring that the product meets local market demands.

・Clear Regulatory Framework and Market Entry Pathways

Precise market selection and appropriate entry modes, streamlined regulatory approval processes and market entry pathways across different countries, help enterprises make compliant and effective market entry decisions.

・Investment Decision Support

By conducting comprehensive market analysis and product fit assessments, we help enterprises make more informed market investment decisions, reduce trial-and-error costs, optimize resource allocation, and enhance the success rate of international expansion.

・Optimize resource allocation

Master the methods for rational resource allocation to ensure optimal utilization of resources in high-potential markets.

・Build a diversified market portfolio

Based on market characteristics and risks, you will learn to build a diversified market portfolio to mitigate the impact of volatility in any single market on overall business operations.


Core Target Audience for Training

・Decision-makers of enterprises across the entire medical device industry chain: including senior corporate executives, general managers, and heads of overseas operations.

・An organization providing professional services to medical device companies: such as industry associations, chambers of commerce, consulting firms, law firms, and accounting firms.

・Experienced upstream and downstream partners worldwide, etc.


Core Value of Training

・ Overseas Market Analysis and Investment Decision Guidance

This course is specifically designed for the medical device industry, focusing on international market selection and entry strategies. It helps enterprises master market analysis, product-market fit (PMF) assessment, and various market entry models (such as OEM, ODM, and strategic partnerships).

・Key Tools and Practical Guidelines

Through a comprehensive market selection framework, regulatory access analysis, channel strategy, and PMF fit model, participants will acquire the core tools and strategic support necessary for corporate decision-making on overseas market investment.

・Interpretation of Practical Case Studies

Drawing on the internationalization success stories of medical device companies such as Mindray, this program presents practical operational experiences and lessons learned to enhance participants’ understanding of market selection and entry strategies.

Training Content Outline

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Scan the QR code below to register for the training!More Global Expansion Insights Await You

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