LONDON, January 13 /PRNewswire/ -- Regent Medical Limited is a leading manufacturer of high quality, technically advanced powder free surgical gloves and skin antisepsis products. Best known for the Biogel(R) range of gloves and Hibi Antiseptics, Regent Medical Limited provides high quality protection for surgical teams across a wide range of specialities.
Frost & Sullivan believe that Regent Medical’s dedication to their powder free latex segment and their continued innovation of the product is the key to their strong market position.
Regent Medical not only commands respect for its stand on latex allergy issues and dedication to providing the finest quality powder-free surgical gloves but also for the loyalty it inspires in its users.
Regent has capitalised most on the powdered-to-powder-free conversion trend to become market leaders in the United Kingdom and Scandinavia.
Leadership Status
Biogel’s loyal following is an achievement that is much admired by other industry participants. In an industry where price sensitivity is high and increasing, the Biogel range has not only managed to hold its own but also succeeded in creating a strong brand image for itself. This has resulted in Regent Medical cornering 33 per cent of the revenue of the Surgical Gloves market in Western Europe (2003).
A range of variations of the original pioneering powder-free latex glove Biogel, are the part of Regent Medical’s portfolio that have resulted from optimal use of its extensive research facilities and its dedication to being on the forefront of technology.
The Biogel range of products includes; Biogel M for microsurgical procedures, Biogel Super-Sensitive(TM) for increased sensitivity, Biogel Optifit Super-Sensitive(TM) for a more protective hold, Biogel Reveal(TM) with a puncture indication system, Biogel Skinsense N, Skinsense N Universal and Skinsense PI that are latex free gloves and Biogel D that is a dental procedure glove.
Quality and brand image are hallmarks of the Biogel brand but customer service is not far behind. The launching of latex allergy support packs, workshops on surgeries and surgical education, guidelines and research papers are just some of the beneficial offerings by Regent Medical to the end user.
The introduction of education modules endorsed by the IFPN that eventually lead to a Certificate of Competence is another innovative educational measure that reinforces Regent Medical’s concern for allergy awareness education and consumer care.
Future Focus
Regent Medical has recently decided to implement Information Engineering’s SYSPRO ERP system to help manage its manufacturing and commercial processes as a whole on a limited financial and human resource platform.
Regent Medical is well poised to build on its past successes and to face the challenges of keeping its leadership status. Frost and Sullivan trust that Regent will be successful in doing so based on the acumen, tenacity, focus on quality and performance that one has come to associate with the Biogel brand.
Award Description
The Frost & Sullivan Market Leadership Award is given to the company that has exhibited market share leadership through the implementation of market strategy. The recipient has displayed excellence in all areas of the market leadership process, including the identification of market challenges, drivers and restraints, as well as strategy development and methods of addressing these market dynamics. Furthermore, the Award recipient has continually demonstrated solutions for monitoring market changes and for implementing superior market strategies. By utilising these strategies for success, the company has established itself as the market share leader in its respective industry.
Research Methodology
To choose the recipient of this Award, the analyst’s track competitor revenue and market share within the industry. This is achieved through interviews with all market participants and extensive secondary research of proprietary data sources. Finally, the competitors are compared and ranked for relative position. Frost & Sullivan then presents the Award to the company that received the number one industry rank.
Measurement Criteria
In addition to the methodology described above, there are specific criteria used to ascertain final competitor ranking in this industry. The recipient has excelled by substantially increasing one or more of the following criteria:
- Market share - Revenue growth rates - Profitability - Market and technology innovation About Frost & Sullivan
Frost & Sullivan, a global growth consulting company founded in 1961, partners with clients to create value through innovative growth strategies. The foundation of this partnership approach is our Growth Partnership Services platform, whereby we provide industry research, marketing strategies, consulting and training to our clients to help grow their business. A key benefit that Frost & Sullivan brings to its clients is a global perspective on a broad range of industries, markets, technologies, econometrics, and demographics. With a client list that includes Global 1000 companies, emerging companies, as well as the investment community, Frost & Sullivan has evolved into one of the premier growth consulting companies in the world.
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Frost & Sullivan
CONTACT: Katja Feick, Corporate Communications, Frost & Sullivan,Clemensstr. 9, 60487 Frankfurt/Main, Germany, tel+49-69-77033-12, fax: +49-69-234566, email:katja.feick@frost.com