Opportunities and Challenges in POC - CiPoC – Center for...

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August 2012 Opportunities and Challenges in POC - Radiometer perspective Niels Hesselholt, Director Strategy and BD

Transcript of Opportunities and Challenges in POC - CiPoC – Center for...

Page 1: Opportunities and Challenges in POC - CiPoC – Center for ...cipoc.dk/wp-content/uploads/2012/09/CIPOC-RADIO-preso-29-Aug-2012.pdfAugust 2012 Opportunities and Challenges in POC -

August 2012

Opportunities and Challenges in POC - Radiometer perspective Niels Hesselholt, Director Strategy and BD

Page 2: Opportunities and Challenges in POC - CiPoC – Center for ...cipoc.dk/wp-content/uploads/2012/09/CIPOC-RADIO-preso-29-Aug-2012.pdfAugust 2012 Opportunities and Challenges in POC -

PKJ/SKL September 20, 2011

Agenda

Radiometer

Danaher

Mega Trends

Product Development Priorities

Where to look for the good idea

Barriers to new ideas

De-risking the good idea

Case Story

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PKJ/SKL September 20, 2011 3

Radiometer

Founded by Danish engineers Carl Johan Schrøder and Børge Aagaard Nielsen

Originally manufactured electronic measuring instruments for the growing radio industry

1935

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PKJ/SKL September 20, 2011 RADIOMETER PRESENTATION 4

Ph instruments

1935

E50101

1952

The “Astrup Trolley”

1959

ABL1

1973

ABL500 series

1989

Milestones 1935 - 2010

ABL5

1994

ABL700 series

1998

ABL70

1999

ABL800 FLEX

2004

1st automatic system

2005

ABL80 FLEX

2006

A QT90

2008

A BL90

2010

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PKJ/SKL September 20, 2011

Radiometer

Key Customers

Critical Care departments in hospitals

Central labs, operating rooms, emergency departments

~$2.1B Market Size

5-7% Market Growth

$600M

45% EU

35% ROW 20% NA

2011 Sales 25% Instruments | 70%

Consumables | 5% Service

Geographic Mix ( as % of 2010 revenue)

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PKJ/SKL September 20, 2011

Danaher

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PKJ/SKL September 20, 2011

Mega trends influencing Danaher

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PKJ/SKL September 20, 2011

Product Development Priorities

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Product

Market

Existing New

Exis

ting

New

70%

10%

20%

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PKJ/SKL September 20, 2011

Where to look for new ideas?

Close adjacencies

Same customers and channels (synergies)

Added value

More info for Dx

Higher efficiency

Better outcome

True unmet need

Business model

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PKJ/SKL September 20, 2011

Barriers to new ideas – valley of death

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PKJ/SKL September 20, 2011

De-risking the good idea

VOC overload

Product/features

Clinical utility

Usability

Process fit

Existing process

New process/changes needed

Economic rationale

Who will benefit and who will suffer?

Reimbursement

Outcome model

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OR

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PKJ/SKL September 20, 2011

AQT case story

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2008