©fotolia.com, Hoda Bogdanatreus_teaser img 60zu30 03 1©fotolia.com, Hoda Bogdanatreus_teaser img 50zu50 03 1

Case Study

Establishment of Medical Technology Division at Carbon and Graphit Manufacturer in Germany

190268

German Carbon and Graphit Manufacturer

Development of the medical technology division by increasing brand awareness and opening up the MedTech market through the launch of specific MedTech projects as well as increasing sales on the basis of the sustainable business plan developed by the project manager.

q

Company Details

  • Specializes in CFRP/carbon and graphite products, process technology​
  • Group sales approximately €1b globally​
  • Serves Automotive, Energy, Chemicals, Aerospace, and MedTech industries​
p

Situation and Challenge

  • Integration of profit center into Group structure​
  • Development of go to market strategy for MedTech business​
m

Objective and Tasks

  • Create market awareness in MedTech industry​
  • Establish and develop MedTech market​
  • Develop Business Plan for 5-year growth to €10m​
n

Measures and Procedures

  • Project management with SCRUM methodology​
  • Team building with MedTech mindset​
  • Agile approach for subprojects with clear objectives​
  • Continuous development of partnerships and customer base​
x

Results and Achievements

  • Established MedTech mindset​
  • Generated €250,000 turnover within 8 months, potential to reach €1m in 1.5 years and €5-10m within 5 years​
  • Launched special projects for MedTech including material validation, micropultrusion, and sensor integration​

These articles might also interest you: