February, 2003    SMM-005

An empirical investigation of marketing strategy quality in medical markets

This is the first in a trilogy of papers reporting a five-year research project into marketing strategy making in medical markets. This paper reports an empirical assessment of marketing strategy quality in eighteen companies in the pharmaceutical, medical device, diagnostic and equipment sectors. It concludes that the marketing strategy of many medical companies is weak and that their survival is therefore dependent upon their competitors having even weaker strategies.