Largest Sample Size Available Drives Comprehensive Purchasing Survey and Insights on the Medtech Industry Based on Millennium Research Group’s Proven Methodology
March 22, 2010--Waltham, Mass. — Marketrack360™ from Millennium Research Group, a Decision Resources Inc. company, is a survey audit that includes forecasts of company-reported business segment sales within the medtech industry and is available to clients prior to earnings releases. The unique insights in Marketrack360 are based on Millennium Research Group’s proven methodology and expertise in covering the medical device market. Aimed at managing directors, portfolio managers and analysts within the investment community, the first Marketrack360 survey will focus on the cardiac rhythm management (CRM) segment and will be available to clients in early April.
Marketrack360’s transparent methodology and access to senior analysts are important elements for the financial community. It also includes:
• Manufacturer-level ICD purchase data, by product sub-type.
• The largest survey sample size including over 450 hospitals that perform CRM-related procedures.
• Fast delivery of the data, with analysis and forecasts from senior analysts based on the survey, 5 to 10 business days after a quarter ends – significantly sooner than when companies will announce earnings.
• Highly accurate CRM segment sales extrapolations for major medical device manufacturers like Medtronic (MDT), Boston Scientific (BSX) and St. Jude (STJ), using a methodology refined over years of research from Millennium Research Group.
“There has long been a need from the financial community to access high-value data and analysis on the pharmaceutical and medical device industries to make timely and informed investment decisions,” said James Mahoney, Director of Sales for Decision Resources Financial Services. “With Marketrack360, we can deliver this quality data and insight along with direct access to senior analysts to help provide the “what” and “why” behind the findings -- fast – so investors can achieve their goals.”
Attention business reporters: Decision Resources Financial Services will give select business reporters complete access to Q1 2010 data of Marketrack360 for use in upcoming articles. Please make your request to Roisin Bonner: +1 (416) 364-7776 x147.