Medtech Market Research

Medtech Market Research in Seconds with AlphaSense

Whether you are conducting research to better understand the market, track your competitors, or spot your next big investment in the medtech space, AlphaSense can help you make the right business decisions with confidence and speed.

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AlphaSense is a leading provider of market intelligence, including 10,000+ high-quality content sources from more than 1,500 leading research providers—all in a single platform.

Analysts, researchers, and strategists in the medical technology (medtech) sector have access to private company documents, regulatory documents, expert calls, and equity research through our platform—all of which are necessary for comprehensive market research and confident decision-making.

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AlphaSense also saves you hours per project by centralizing the insights you need and delivering them to you with intelligent, AI-based smart search technology. Features like Smart Synonyms™ and Smart Summaries recognize the intent behind your search and zero in on the most important insights contained within each source, while Trending Topics and customized dashboards enable you to monitor the precise themes and companies that are of most interest and value to your strategic goals.

Advanced filtering features help you easily get to the types of content needed for your specific research. And automated real-time alerts ensure you never miss an update from the companies and industries you most care about.

These features and more are why G2 has consistently rated AlphaSense a leader in market intelligence for corporations and financial institutions alike.

Frequently Asked Questions

How the Top Medtech Companies Use AlphaSense

Medtech lies at the intersection of two of the most fast-changing and innovative industries—healthcare and technology. Innovations in this space have already contributed to vastly improved patient outcomes, better efficiency in the healthcare industry, and greater health equity. Add in a steady stream of new entrants and inventions penetrating the market, this sector is slated to grow at an accelerated pace for the foreseeable future.

For this reason, it has never been more important for medtech companies to have an airtight market research process and a proactive strategy. Without the right tool, the task of parsing through vast quantities of data, locating the right insights, and then analyzing and implementing those insights becomes herculean. Moreover, manual market research dramatically slows you down and leaves you vulnerable to human error and missed insights.

Medtech companies that want to stay on the leading edge need to be fast, proactive, informed, and adaptable. They need to be able to pivot their strategy at a moment’s notice and to avoid being blindsided by unexpected moves from competitors or regulators.

AlphaSense not only helps you stay informed on the critical insights that matter most, but empowers you to apply those insights towards specific strategic goals and analysis. Our platform speeds up your time to insight so you can increase research confidence and be more proactive in strategy-building.

Here’s how AlphaSense can help you get ahead of the competition:

Competitive Intelligence

AlphaSense surfaces all the competitive insights you need so that you can benchmark against peers, find out about any emerging competitors, generate ideas for new product development, and identify competitive risks—all in one place.

You can receive real-time alerts for 510(k) filings, competitors’ earnings reports, topical broker research, and expert call transcripts—and then access them all in one platform. And with our company recognition and Search Summaries features, you will always be first to know about any competitor updates.

Corporate Development and M&A

AlphaSense allows you to get smart on an investment target, emerging technology, intellectual property, or competitive landscape by using AI to find insights faster. Our natural language processing (NLP)-based feature theme extraction enables you to spot interesting assets within the noise by uncovering financial metrics beyond those found in standard 10-Ks or 10-Qs.

With this feature, you can also see how incumbent MedTech conglomerates are conducting their M&A strategy, including what types of companies are getting acquired or funded by whom, as well as how large healthcare firms are approaching their investments in smaller MedTech companies.

This feature is critical in the medtech space because new companies and themes are always emerging, and having access to a tool like AlphaSense keeps you in-the-know— without the information overload.

You can also use AlphaSense to gain intel on private companies. Instantly access funding round information, acquisition history, and peer comparison charts—without digging through multiple, potentially fruitless, sources.

Market Landscaping

AlphaSense ensures you never miss a critical industry update with customizable watchlists and real-time alerts for any companies or themes you are interested in.

AlphaSense also makes it simple to monitor specific subsectors of the medtech industry by searching those topics on the platform and seeing how the keywords have trended over time.

For instance, if you are interested in the TAM and growth outlooks for diabetes and its treatment areas, you can uncover key insights such as: the U.S. forecast for adults with diabetes, current existing treatments and new technologies for diabetes, the main players in the diabetes treatment space, how much healthcare systems have invested already in diabetes medtech, and so on, by simply searching “diabetes” and filtering for each content set in our platform.

Commercialization

If you are interested in commercializing a product, device, or technology, AlphaSense can help you extract market data from qualitative sources to develop TAM analyses, evaluate market opportunities to forecast sales, and develop go-to market strategies.

AlphaSense also allows you to find answers to key questions during commercialization:

Is the concept novel and validated? To answer this, you need to evaluate the market landscape—what kinds of companies are in this space, what technologies are being used, what are the health systems using this tech, what other companies have tried bringing a similar product to market in the past, and what do experts say about similar devices or technologies?
Has the concept cleared the regulatory and FDA requirements? For this, you can consult the regulatory documents such as 510(k) filings and European Medicines Agency documents, all housed on the AlphaSense platform.
Is your product faster, better, or more cost-effective than competitors’? For this, you can rely on competitive signals and M&A tracking, so you can always be aware of key factors such as a huge incumbent buying a company making a similar product, health system/consumer spending in a potential target market, and what pricing and profitability look like for similar technology.

Another important consideration in commercialization is the possibility of partnering with a biopharma company or health system in order to lower cost or expand reach. For this, you must have a tool that enables you to conduct in-depth research on public and private companies.

Accelerate Your Research Process with AlphaSense

AlphaSense aggregates all the essential market research perspectives you need in one place, so you can have a complete picture of the company profiles, markets, or trends you are researching.

Combined with proprietary AI and automation functionality not found on other platforms, AlphaSense helps you dramatically increase the breadth, depth, and accuracy of your research.

Here’s what you get when you use the AlphaSense platform for your market intelligence:

Aggregated Market Research

AlphaSense houses a vast universe of over 10,000 trusted content sources, including but not limited to:

Company documents including event transcripts, global filings, press releases, company presentations, product brochures, and ESG reports, in addition to private company documents
Industry research from the world’s top financial research firms, including Cowen, Morgan Stanley, Bank of America, Jefferies, and JP Morgan, as well as our proprietary equity research content set Wall Street Insights that is specifically tailored for corporate clients
Unique industry expert perspectives from customers, competitors, medical experts, doctors, and partners
Thousands of curated news sources, trade publications, and regulatory information such as 510(k)s

Our platform not only houses all of the content you need to make rapid data-driven decisions, it also helps you cut through the noise with advanced search functionality.

Semantic Search

Instead of digging through fragmented reports and alerts, you can rely on our semantic search to ensure you never miss out on critical insights. Our AI search technology automatically recognizes what you are looking for and delivers the results that match the intent behind your query. This means you don’t have to do multiple searches to get the results you need, and you can be more confident in the comprehensiveness and accuracy of your research.

Sentiment Analysis

With AlphaSense, you can use AI-based sentiment analysis to identify, quantify, and analyze levels of emotion within text, particularly earnings calls and expert transcripts. Understanding sentiment can help you catch the subtle inflection points in language that move markets and provide early indicators of shifting corporate performance. This feature works in seconds, saving hours previously spent combing through company documents and expert transcripts for the best insights.

Generative AI

Unlike other generative AI (genAI) tools that are focused on consumer users and trained on publicly available content across the web, AlphaSense takes an entirely different approach. As a platform purpose-built to drive the world’s biggest business and financial decisions, our Smart Summaries feature leverages our 10+ years of AI tech development and draws from a curated collection of high-quality business content.

With Smart Summaries, you can glean instant earnings insights—reducing time spent on research during earnings season, quickly capture company outlook, and generate an expert-approved SWOT analysis straight from former competitors, partners, and employees. Additionally, all sources are cited, so you can verify any information by simply consulting the source documents.

Medtech Industry Insights from the AlphaSense Platform:

Analyzing Expert Transcripts: 4 Trending Conversations in MedTech

This post provides a snapshot of the most pertinent MedTech conversations available in our expert call database.

Tracking the Next M&A Deal: 16 MedTech Companies to Watch

We identified the top MedTech companies you should keep an eye on, based on recent product developments, growth, and margins.

MedTech Trends Leading the Post-Pandemic Healthcare Conversation

We dig into the rising trends that are leading the MedTech industry—robotics, digital therapeutics, telemedicine, and AI—all found in our platform.

How Leading Healthcare Companies Are Using AI to Get Ahead

Learn how life science and healthcare companies are increasingly tapping into the power of AI to conduct better, faster research and gain the competitive edge.

Fortune 500 Medical Device Company – Corporate Strategy Case Study

Read about how a Fortune 500 medical device leader uses AlphaSense to produce higher quality analysis.

Fresenius Group – Investor Relations Case Study

Read about how Fresenius Group makes IR work more efficient with AlphaSense.

Frequently Asked Questions

What are the top medtech trends to watch today?

Some of the top trends in the medtech sector right now are:

Declining M&A activity across global markets
Greater focus on healthcare access equity
Generative AI opportunities in healthcare
Continued rise in use of telemedicine and digital therapeutics
Continued rise in use of wearable and biometric technology

For additional trends, read our Medtech Trends & Outlook for 2023.

What are the key benefits of conducting medtech market research?

MedTech market research helps companies identify emerging trends, understand the market landscape, assess competition, find new opportunities, and make informed strategic decisions.

Because of the fast pace and constant innovation characterizing this sector, market research is imperative for developing a more proactive strategic approach, staying competitive and aware of any pertinent developments in the field.

What are the common challenges in conducting medtech market research?

Some of the main challenges may include data accuracy, regulatory complexities, and the need for specialized expertise. Additionally, the medtech space is rife with smaller players who don’t yet have much of a public presence, making it challenging to assess how much of an opportunity or threat they might be.

With AlphaSense, you can find detailed private company information—enabling you to have a scope out potential competitors before they become too big—as well as carefully sourced content that includes regulatory documents, expert calls, equity research, and news. Additionally, our proprietary AI search technology automatically surfaces the most relevant insights for your research, eliminating information overload and blind spots.

Can market research help in identifying regulatory challenges in the medtech space?

Absolutely. Market research can help medtech companies stay informed about evolving regulatory requirements, potential hurdles, and compliance issues, ensuring that products meet industry standards. Additionally, consulting 510(k) filings—showing product approvals and recalls—is crucial for building effective R&D, partnership, and commercialization strategies.

How can market research aid in product development for medtech companies?

Market research provides valuable data on customer preferences, pain points, and unmet needs. This information helps medtech companies tailor their products to meet specific demands and stay competitive. Additionally, market research is imperative for staying ahead of competitors and ensuring you are being proactive, rather than reactive, in your strategy.

Who are the main players in the medtech space?

The main players in the medtech space today are: Medtronic, Johnson & Johnson, Abbott Laboratories, Philips Healthcare, Siemens Healthineers, Boston Scientific, Beckman Coulter, Edwards, and Danaher.

You can find detailed information on each of these companies, including their subsidiaries—and more—using AlphaSense’s company tearsheets.

How has the COVID-19 pandemic affected the medtech industry?

Like many other industries, medtech was initially adversely affected by the COVID-19 pandemic, as product innovation was disrupted and medical device production ground to a halt. But unlike for some other sectors, the pandemic proved to be a catalyst for accelerated growth in this space.

With a newfound need for innovative healthcare approaches and a greater reliance on technology, medtech companies were suddenly front and center as solution-makers that could create new possibilities in the healthcare space. Over the last few years, medtech has addressed issues like staffing shortages, supply chain disruptions, and lowered patient care quality.

At the same time, consumers are now more focused than ever on improving their health and also seeking greater personalization in their healthcare experience, which has created areas of opportunity for entrant medtech and medical device companies that could meet that need.

Try AlphaSense for Free

With AlphaSense, you can conduct comprehensive qualitative research that gives you the competitive edge and empowers your ability to make smarter, more confident decisions. See firsthand how our platform can level up your medtech market research.