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Lucintel  Follows a Systematic Approach for Market Entry Strategy


We develop market entry strategies by aligning your core strengths with high-potential, addressable opportunities. Our approach identifies attractive applications where your capabilities offer a clear competitive edge.



 

Lucintel supports successful market entry by offering end-to-end consulting solutions. We begin with deep market research to understand consumer behavior, competitive dynamics, and regulations. Our experts help identify and prioritize the most attractive markets and applications. We guide clients in selecting the right entry mode—whether organic growth, partnerships, or acquisitions—while ensuring regulatory compliance. Finally, we develop go-to-market strategies to launch and scale effectively.

 



Recently for a Stretcher Supplier, Lucintel Developed a Market Entry Strategy for USA and Europe Market


About Client
•A stretcher provider wanted to develop a market entry strategy for USA and Europe market 
 
Project Objectives
•To conduct market assessment of the stretcher market, which primarily includes five types of stretchers: scoop stretchers, spinal boards, vacuum mattresses, stretcher trolley mattresses, and trauma mattresses
•To analyse the market for different end use segments such as pre-hospital and in-hospital
•Conduct pricing analysis of various types of stretchers for European and US market
•Identify the key suppliers and their market share
•Develop market entry strategy for increasing market share

Approach
•The Lucintel team analyzed the number of new hospitals and identified those specifically using these types of stretchers. The average number of stretchers used per hospital was also determined, enabling the calculation of total consumption for these stretchers.
•Conducted primary interview with hospitals and stretcher suppliers to validate the market numbers and pricing data

  







 

To learn more about implementing Artificial Intelligence in your company for gaining productivity, efficiency and cost saving, write us at heldesk@lucintel.com or CLICK Ask an Expert