Stakeholder Mapping

11/09/2020
Author: root_d8k2o428
Site Admin
Cheshire, UK

What does it involve?
​Identifying who is going to be involved with a 'payer' decision (i.e. decisions that typically determine pricing, reimbursement, funding, budget and/or access to a treatment) as well as their levels of influence on that decision.

Why is it required?
The  term 'payer' is a fluid term that refers to different stakeholders depending on:

  • Market
  • Population e.g. national vs local
  • Funding structure e.g. tax vs insurance
  • Type of decision
  • ​Stage of product lifecycle
  • Type of product
  • Indication
  • Specialised categories e.g. orphan drug, biosimilars

How could this information be used?
Understanding who the key stakeholders are is important at the start of any market access-related project but particularly when developing value communications, economic models and digital tools. It can also help when deciding who to invite to an advisory board or market research interviews. It should be a key consideration for any brand strategy.

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