Does your idea have a chance?
For years we supported clients with identifying the opportunity for their ideas. For years we have the same discussion. Is the perception of the medical need and market value realistic? To help manage expectations we developed a simple two dimensional diagram already 7 years ago, just to start a discussion about the situation. Relationship of Medical Need and Economic Potential (BECKMANN BIO 2015) Your understanding of the situation can be absolutely correct, but frequently people misjudge their offer regarding both dimensions of this diagram. The medical need is misjudged as developers look only at what they have at hand and do not consider that the customers might regard other topics as more important. And the economic potential of an offer can be restricted by factors of the healthcare system and…