How is the medical device different or the competitive advantage of your medical device? Hint: It is very difficult to fund products that offer an incremental benefit because they rarely expand the sector
How is the medical device different or the competitive advantage of your medical device? Hint: It is very difficult to fund products that offer an incremental benefit because they rarely expand the sector and most often at best result in market cannibalization. You can answer the questions using a SWOT analysis. SWOT is a strategic planning technique used to help you identify the Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.
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