SALES FORECASTING FOR THE MARKET OF JOINT ENDOPROSHETICS USING METHODS OF DATA ANALYSIS AND MACHINE LEARNING

Background. The problem of increasing the efficiency of forecasting sales in the market for endoprosthetics of large human joints is considered, the solution of which is associated with the need to take into account a large number of quantitative and qualitative parameters depending on the choice...

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Bibliographic Details
Main Authors: I.V. Malanyna, A.S. Pokhvalov
Format: Article
Language:English
Published: Penza State University Publishing House 2022-04-01
Series:Модели, системы, сети в экономике, технике, природе и обществе
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Summary:Background. The problem of increasing the efficiency of forecasting sales in the market for endoprosthetics of large human joints is considered, the solution of which is associated with the need to take into account a large number of quantitative and qualitative parameters depending on the choice of individual types of artificial joints and prosthetics technologies. The conditions are shown under which the traditional approach to forecasting, based on simple extrapolation and the method of scenarios, does not allow taking into account the features of the product and the requirements of the target market. Materials and methods. The information base was the results of scientific and applied research of specialists in the field of forecasting the markets of medical devices, statistical data analysis and machine learning. The paper shows the directions of using the methods of classification and statistical training to predict the volume of sales of artificial human joints. Results. The conditions for the application of regression trees models and logistic regression from the standpoint of improving the forecasting accuracy in the target market are considered. The possibility of using these models for solving inverse problems of finding the optimal set of signs for classifying market segments and studying competition between products from the standpoint of substitution or addition processes is shown. Conclusions. The results of the study will make it possible to more effectively solve applied problems of planning the creation of new products and assessing the potential for increasing sales in the endoprosthetics market. They can be used to select the best ways to position and promote products on the market.
ISSN:2227-8486