Market Research Analyst, Millenium Research Group, Toronto, Canada

Position Overview

Millennium Research Group (MRG) is a leading provider of strategic information to the healthcare sector. Focused solely on the medical device, pharmaceutical and biotechnology industries, MRG provides its clients with specialized medical industry expertise through published reports and customized consulting services. Located in Toronto, Canada, MRG covers global markets and has pioneered reporting of numerous emerging products. As a result of its focus on accurate information and outstanding client service, MRG is ranked as one of the top 100 fastest growing companies in Canada according to Profit Magazine over the last 3 years.

Market Research Analysts produce comprehensive market research reports and conduct custom consulting projects. Analysts gather, interpret and synthesize data on market conditions, business opportunities and global trends in medical and healthcare industries.

Talented analysts will experience numerous exciting opportunities during their tenure at MRG including:

• Researching growing and dynamic medical markets across the globe
• Speaking with leading medical specialists
• Presenting findings to company executives/ investors
• Managing critical MRG clients
• Traveling to medical conferences
• Taking on leadership and management responsibilities

Primary Responsibilities

Market Research Analyst Responsibilities

Research the medical, pharmaceutical, and healthcare markets using primary and secondary research. Typical duties include:

• Interviewing industry participants and related medical professionals
• Overseeing online and in-person physician surveys
• Searching MRG's proprietary in-house research repository/library for relevant data
• Using financial, regulatory, and government documents to find key medical approval data

Model and forecast medical, pharmaceutical, and healthcare markets, including but not limited to:

• Integrating highly disparate data points into a unified market model
• Interpreting qualitative data into useable quantitative measures
• Creating hypotheses on market and competitive dynamics based on primary and secondary data
• Using MS Excel and database programs to manipulate large amounts of data
• Forecasting markets based on expectations, new product developments, and other market disruptors
• Identifying data trends and outliers through the use of time-series tables and graphs

Write and prepare comprehensive research reports. Examples include:

• Providing insightful market analyses to explain trends and support accompanying market figures
• Writing in-depth competitive analyses based on primary and secondary research
• Illustrating key market trends with graphs
• Integrating numerical data points into tables and text
• Drawing hypotheses on potential competitive strategies in these markets

Perform customized consulting projects. These projects are specifically requested by clients and can include many unique tasks. Some examples include:

• Identifying the market potential for products in foreign regions
• Assisting the marketing of a new medical device(s) and/or product line(s)
• Analyzing qualitative trends in various medical sectors
• Performing specialized research by medical technology or geographic region
• Interviewing physician luminaries

Qualifications

• Undergraduate degree with a proven record of academic success (all disciplines)
• Strong critical thinking and analytical skills
• Mature communicator capable of handling high-profile clients from Fortune 500 companies
• Superior written communication skills
• Excellent creative problem solving skills
• Strong initiative and proven leadership capabilities
• Highly self motivated
• Proven multitasker
• Ability to handle tight deadlines
• Proficiency in Microsoft Word and Excel
• Fluency in 2nd language is an asset (any European or Asian language)
• Knowledge of medical device industry an asset but not mandatory