Digital Health Market & Competitor Analysis

Research2guidance

Germany

Service ID:

EP219S1
Service description

The Market & Competitor Analysis is designed for startups in the Digital Health sector, providing insights into market positioning, competition, and strategic growth opportunities. The analysis supports value proposition refinement, capital raising, and investor negotiations by delivering a comprehensive understanding of market size, competitive landscape, and best practices for product and business strategy improvements. The analysis is conducted in three structured phases: 1. Market & Competitor Identification: Key competitors are mapped, and market sizes across countries or segments are determined. 2. Best Practices & Market Ranking: Market best practices are analysed, and markets are ranked based on their strategic advantage for EIC beneficiaries. 3. Strategic Recommendations: Tailored guidance is provided for go-to-market strategies and value proposition development. Insights can also be leveraged to optimize investor pitch decks. The expected outcome is for EIC beneficiaries to receive clear, actionable input for their go-to-market strategy, value proposition, and investor narrative, ensuring they are well-prepared for market entry and fundraising discussions. The detailed market and competitor scan typically takes 3 to 6 weeks, depending on the project scope. This support will be provided by experienced digital health consultants with and can be delivered online or offline.

Sector
Digital and Information communication technology
Health and medical care
Technology Readiness Level
TRL 1 – Basic principles observed
TRL 2 – Technology concept formulated
TRL 3 – Experimental proof of concept
TRL 4 – Technology validated in lab
TRL 5 – Technology validated in relevant environment
TRL 6 – Technology demonstrated in relevant environment
TRL 7 – System prototype demonstration in operational environment
TRL 8 – System complete and qualified
TRL 9 – Actual system proven in operational environment
Financial requirements

Costs will depend on the scope of the market and competitor scan. It starts at €10,000 and can go up to €50,000.

Disclaimer related to service

This is an on-demand service. We can schedule a brief introductory call to explain our approach and discuss the scope, including factors like countries, competitors, level of detail, and solution type.

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Are you in doubt if this is the right service for you, or do you want to get more information about the service? Get in touch with the EIC Partner providing this service through this query form!

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Is this the service you are looking for? If so, you can apply to the service through EIC ACCESS+! Eligible applicants can also get co-funding through the EIC ACCESS+ initiative. Find out more on the project webiste.

Receive up to €60,000 in grants, covering up to 50% of the costs, to access specialised services from the EIC Service Catalogue. Learn more on the EIC ACCESS+ website.