Opportunities and Challenges in POC - CiPoC – Center for...
Transcript of Opportunities and Challenges in POC - CiPoC – Center for...
August 2012
Opportunities and Challenges in POC - Radiometer perspective Niels Hesselholt, Director Strategy and BD
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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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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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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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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Danaher
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Mega trends influencing Danaher
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Product Development Priorities
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Product
Market
Existing New
Exis
ting
New
70%
10%
20%
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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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Barriers to new ideas – valley of death
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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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AQT case story
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2008