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Market Research Report

Plastic Surgery - Customer Value Drivers: Understanding the Value Drivers that Determine Surgeons' Product Preferences

Published by Valid Results, Inc Contact us : +1-860-674-8796
Published 2006/11 Content info 27 pages
Product code 55682
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Description TOC

Abstract

Introduction:

The results feature a summary of surgeons' perceptions regarding the relative influence of various considerations in determining preferences. A conjoint analysis provides the relative importance, as well as the magnitude of influence for featured factors. Also included are the surgeons' perceptions of the considerations most important in determining patient satisfaction with treatments.

The results of the data analysis identify the considerations most influential in influencing surgeons' preferences, as well as the determinants of patient satisfaction. Through the use of factor analysis, 5 latent factors underlying surgeons' preferences are identified and defined. The factors include: treatment efficacy, marketing, ease of use, short term satisfaction and physical/economic pain. The final results provide a means for quantifying the relative influence of considerations shaping surgeons' preferences and are validated through the use of various analyses.

The information has applicability to product development, research & development, communications, advertising, sales, mergers & acquisitions, and other business functions.

Methodology and Purpose of this Research

100 American Medical Association (AMA) board certified plastic surgeons were randomly selected from a list of 6300 surgeons to participate in a self-administered questionnaire (SAQ) featured on the internet. Upon completion of the SAQ, 20 of the participants were selected to participate in a follow-up depth interview conducted via the telephone.

The purpose of the study is to provide information on the relative influence of general product attributes and marketing activities, in order to help companies better understand what drives surgeon preferences.

Measurement Objectives

  • Measure value of product features and considerations
    • Training required to complete the procedure
    • Patient request for specific treatment / Product / Brand
    • Manufacturer of equipment
    • Incision required
    • Ease of use / Skill required
    • Time required to complete procedure
    • Short term magnitude of appearance change
    • Long term magnitude of appearance change
    • Patient satisfaction with short-term effect
    • Patient satisfaction with long-term effect
    • Speed of recovery
    • Patient post-operative comfort
    • Patient cost
    • Cost to the surgeon
    • Surgeon satisfaction with cosmesis
    • Surgeon satisfaction with post-operative trauma
    • Published clinical data
    • Complication rates
  • Explore the potential value of selected considerations (choice-based measures)
  • Estimate the influence of various considerations in determining patient satisfaction
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