Discovery IQ by GE: Launching Super Value PET/CT Scanner

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Abstract

GE Healthcare's strategy was to change the face of healthcare infrastructure in India by making healthcare accessible in all parts of the country and affordable to all sections of the society. After launching its first successful super value ECG machine Mac 400, it launched its twenty-fifth super value product “Discovery IQ” a PET/CT machine in 2014. However, the challenge before the company was to increase the reach and visibility of PET/CT scanners to a large base of diagnostic centers in tier II and III cities. Key issue for customers of PET/CT scanners was of securing finance. Banks were averse to funding such projects in tier II and tier III cities due to various constraints. At the same time, though GE had a financing division, they had very limited exposure to tier II and tier III cities healthcare infrastructure. Another option was to convince Government to invest into creating PET/CT infrastructure. Essentially, the PET/CT segment team was contemplating on devising go-to-market strategy for Discovery IQ. It also wanted to assess the disruptive impact of these products in the International market.

Additional Information

Product Type Case
Reference No. MAR0495
Title Discovery IQ by GE: Launching Super Value PET/CT Scanner
Pages 22
Published on Mar 31, 2018
Year of Event 2014
Authors Jaiswal, Anand Kumar; Malodia, Suresh;
Area Marketing (MAR)
Discipline Innovation and Entrepreneurship, Marketing, Strategic Management
Sector Health
Learning Objective 1. To understand formulation of Sales Strategy in business-to-business (B2B) and business-to-government (B2G) segments. 2. To apprehend the need for deeper understanding of buying behavior of customers in B2B and B2G markets. 3.To examie how super value innovations can be source of sustainable strategic advantage for MNCs in emerging markets.
Keywords Go to market strategy; Innovation; Reverse innovation; Sales Strategy; Segmentation; Frugal Innovation
Country India
State Karnataka
City Bengaluru
Organization GE Healthcare
Access For All

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