Building Brand Awareness in 2025
Increasing brand awareness is a top goal for B2B companies in 2025. But what is a brand? And how can you evolve it to meet your changing company...
2 min read
Michele Nichols Fri, Sep 23, 2016
In our annual deep-dive into the medical device industry, Launch Team collaborates with Novatek, which provides documentation and training services to companies in medical device and other regulated industries. Today’s post explores telemedicine’s implications on customer and user engagement as well as marketing, sales and support.
Telemedicine is perhaps the biggest driver of growth in medical devices today, anticipated to jump from 350,000 patients treated in 2013 to 7 million in 2017. By the end of 2016, 20 million insured patients will be able to use smartphones for consults. 70% of doctor visits can be handled over the phone. This represents an opportunity to drive out an anticipated $6B a year in employer healthcare costs, but there are ramifications to both the end users and medical device companies.
Telemedicine offers patients:
Many physicians view telemedicine with promise due to its ability to increase patient compliance and enable more frequent checkups and reminders. However, not everyone is on board with the idea yet.
Two barriers to adoption are:
Mobile diagnostic tools and imaging software improvements will help solve the hardware and software issues—but what about engagement? How do you ensure trust and quality of the experience in a remote setting?
When we met the CEO of one personalized “cosmeceutical” company, he had had great success with a clinic-based model in Europe, but he wanted to move to web-based sales and service model in the U.S. due to the impracticality of asking clients to make the trip to clinics spread across the U.S.
The company’s personalized product required daily application, and compliance drove results. A clinic-based assessment established credibility and trust, ensuring close rates and compliance rates over 80%.
How did they recreate the feel and intimacy of this in-person consultation via the web?
Though the U.S. launch of this company was challenging in many ways, they realized 410% growth in 6 months utilizing this integrated and inbound marketing strategy.
The medical device customer base is ready for telemedicine, but it requires strategic change in the approach to marketing and delivery.
Check back in two weeks for the story of another company, whose remote diagnostic instrument was driven by the move to telemedicine in Europe.
For more ways to improve engagement, download our 10 Tips for Connecting with Medical Device Customers.
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