Through our proven approach, we help global medtech leaders enhance their performance and competitiveness by focusing on defining the vision and strategy, executing priority use cases for value creation, building the data infrastructure, implementing agile ways of working, designing the organizational model, and managing change thoughtfully to make it sustainable.
We help improve R&D performance and drive innovation through digital, analytics, and design tools. Examples include improving clinical-trial efficiency and site selection through artificial intelligence (AI), identifying drivers of R&D performance and ways to optimize processes through advanced analytics, and building products with enhanced precision, connectivity, and usability.
We help medtech companies drive operations efficiency by applying advanced analytics to the entire value chain. Examples of this include optimizing manufacturing, plant, and distribution networks using big data; maximizing yield through advanced analytics and real-time changes to flow; rightsizing inventory through statistical analytics and new technologies, such as radio-frequency identification; enhancing supply-chain planning with 24/7 sensing and dashboards; reducing engineering costs with predictive maintenance and machine data; and deploying automation in manufacturing and procurement.
We help clients unlock growth opportunities across all marketing and commercial levers. This includes setting up digital channels for patient-clinician engagement and e-commerce; deploying AI to predict purchase likelihood and define next steps for sales representatives; predicting and identifying under-diagnosed and under-treated patients using claims and electronic-medical-records data to better target patients; applying digital tools to optimize salesforce structures and deployment at the institution and physician-level; enhancing B2B-pricing opportunities with dynamic deal-scoring algorithms; and validating product value proposition and reimbursement with empirical evidence.
We help improve productivity through automation in HR, finance, and IT and enable better decision making through enhanced competitive intelligence and forecasting capabilities.
DNA transformation: Our approach to conducting enterprise-wide digital and analytics transformations through small-scale, impactful end-to-end journeys. We have developed a comprehensive playbook with step-by-step guides to support clients through multiyear transformations.
QuantumBlack: A McKinsey company that specializes in advanced analytics and big data to improve clients’ organizational performance and growth. Teams of data engineers, data scientists, and designers combine their expertise of integrating diverse and granular data with the latest tools, like artificial intelligence. From there, they develop explanatory algorithms to find performance drivers and predictive and optimization algorithms to capture value. This approach brings deep insights across areas, such as predicting age of onset of chronic diseases, accelerating R&D, and increasing sales through optimized commercial and marketing activities. Learn more
Digital Labs: Our multidisciplinary team of product and data engineers, experience designers, agile coaches, and more that help clients solve problems of uncertainty, such as shifting customer preferences, disruptive competitors, new technology, and talent decisions. They do this by creating products, experiences, and businesses with cutting-edge digital tools and user-centric design thinking. Learn more
CARE (Center for Analytics and Real-World Evidence): A specialized team that conducts advanced analytics with diverse sources of data to determine high-potential physicians and accounts for targeting, identify under-diagnosed and under-treated patients, quantify benefits of different treatments and procedures, and facilitate the use of empirical evidence for targeted evaluations of treatment outcomes.
Rep Planner: A cloud-based sales analytics and planning platform that calculates growth potential by account, conducts granular account segmentation, optimizes salesforce coverage, and translates insights into field-ready plans.
