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Data Center Cooling Market By Product And Application - Global Industry Analysis And Forecast To 2023

Published On : May 2022 Pages : 90 Category: Communication Services Report Code : IC05754

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Industry Outlook and Trend Analysis

The Data Centre Cooling Market was worth USD 5.44 billion in 2017 and is expected to reach approximately USD 18.79 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 14.77% during the forecast period. The quick development of structured and unstructured data alongside the expanding demand for cloud computing is foreseen to impel the worldwide server farm cooling market development over the forecast. Data centre cooling solution is used for maintaining environmental conditions that are suitable for information technology equipment (ITE) operation. This technology evacuates the heat created by the ITE and exchanges that warmth to warm sink. In this way, without a suitable cooling system, data centres are unable to work productively and may result in system failure. Hence, rising number of data centres is assessed to affect the development of the server farm cooling market over the conjecture time frame.

Product Outlook and Trend Analysis

The air conditioner fragment rose as leading product section in the worldwide data centre cooling industry and represented more than 30.0% of the general income in 2017. Air conditioners provide gives various benefits, for example, minimal investment, ease of installation, and low maintenance. These can be installed in existing server rooms with no issue, because of which the portion caught significant share of the overall industry in recent couple of years. Nonetheless, air conditioner requires regular maintenance, which brought about lost share of the market over the conjecture time frame.

Application Outlook and Trend Analysis

The telecom business caught the biggest share of the overall industry and is additionally anticipated that would develop at the speediest rate over the gauge time frame. The rising telecommunication infrastructure needs proportionate data storage facilities to deal with the colossal measure of information bringing about advancement of new data centres, which thusly in anticipated that would move the market development of data centre cooling solutions.

Regional Outlook and Trend Analysis

North America developed as a market pioneer and represented 40% of the aggregate share of the overall industry in 2017. The area is anticipated to develop at tremendous CAGR; this development is attributed to the existence of high number of colocation offices and data centre service providers. The United States market is foreseen to encounter slow development in comparison with alternate areas inferable from the movement of server farm offices to different districts, for example, Canada and the Nordic nations.

Competitive Insights

The leading players in the market are Climaveneta, Vertiv Co, KyotoCooling, Air Enterprises, Schneider Electric, Asetek and Rittal. Major players embrace different development techniques including mergers and acquisitions and joint dares to withstand competition. Moreover, proficient adaptation to regularly advancing client needs is another key system embraced to manage competition.

The Data Centre Cooling Market is segmented as follows-

By Product:

  • Precision air conditioners
  • Air handling units
  • Air conditioners
  • Chillers

By Application:

  • Retail
  • BFSI
  • Telecom & IT
  • Healthcare
  • Energy
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Southeast Asia
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Columbia
    • South Africa
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Nigeria
    • South Africa
    • Rest of MEA

Some of the key questions answered by the report are:

  • What was the market size in 2017 and forecast from 2017 to 2023?
  • What will be the industry market growth from 2017 to 2023?
  • What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
  • What are the major segments leading the market growth and why?
  • Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

Market Classification

·         Data Center Cooling Market, By Application, Estimates and Forecast, 2014-2023 ($Million)

·         Telecom & IT

·         Retail

·         Healthcare

·         BFSI

·         Energy

·         Other Applications

·         Data Center Cooling Market, By Product, Estimates and Forecast, 2014-2023 ($Million)

·         Air conditioners

·         Precision air conditioners

·         Chillers

·         Air handling units

·         Data Center Cooling Market, By Region, Estimates and Forecast, 2014-2023 ($Million)

·         North America

§  North America Data Center Cooling Market, By Country

o    U.S. Data Center Cooling Market

o    Canada Data Center Cooling Market

o    Mexico Data Center Cooling Market

·         Europe

§  Europe Data Center Cooling Market, By Country

o    Germany Data Center Cooling Market

o    UK Data Center Cooling Market

o    France Data Center Cooling Market

o    Russia Data Center Cooling Market

o    Italy Data Center Cooling Market

o    Rest of Europe Data Center Cooling Market

·         Asia-Pacific

§  Asia-Pacific Data Center Cooling Market, By Country

o    China Data Center Cooling Market

o    Japan Data Center Cooling Market

o    South Korea Data Center Cooling Market

o    India Data Center Cooling Market

o    Southeast Asia Data Center Cooling Market

o    Rest of Asia-Pacific Data Center Cooling Market

·         South America

§  South America Data Center Cooling Market

o    Brazil Data Center Cooling Market

o    Argentina Data Center Cooling Market

o    Columbia Data Center Cooling Market

o    South Africa Data Center Cooling Market

o    Rest of South America Data Center Cooling Market

·         Middle East and Africa

§  Middle East and Africa Data Center Cooling Market

o    Saudi Arabia Data Center Cooling Market

o    UAE Data Center Cooling Market

o    Egypt Data Center Cooling Market

o    Nigeria Data Center Cooling Market

o    South Africa Data Center Cooling Market

o    Rest of MEA Data Center Cooling Market

Table of Contents

1.       Introduction

1.1.       Report Description

1.2.       Research Methodology

2.       Executive Summary

2.1.       Key Highlights

3.       Market Overview

3.1.       Introduction

3.1.1.  Market Definition

3.1.2.  Market Segmentation

3.2.       Market Dynamics

3.2.1.  Drivers

3.2.2.  Restraints

3.2.3.  Opportunities

3.2.3.1.    Emerging Markets to Offer Lucrative Growth Opportunities

4.       Market Analysis by Regions

4.1.       North America (United States, Canada and Mexico)

4.1.1.  United States Market States and Outlook (2017-2023)

4.1.2.  Canada Market States and Outlook (2017-2023)

4.1.3.  Mexico Market States and Outlook (2017-2023)

4.2.       Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

4.2.1.  Germany Market States and Outlook (2017-2023)

4.2.2.  France Market States and Outlook (2017-2023)

4.2.3.  UK Market States and Outlook (2017-2023)

4.2.4.  Russia Market States and Outlook (2017-2023)

4.2.5.  Italy Market States and Outlook (2017-2023)

4.2.6.  Rest of Europe Market States and Outlook (2017-2023)

4.3.       Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)

4.3.1.  China Market States and Outlook (2017-2023)

4.3.2.  Japan Market States and Outlook (2017-2023)

4.3.3.  Korea Market States and Outlook (2017-2023)

4.3.4.  India Market States and Outlook (2017-2023)

4.3.5.  Rest of Asia-Pacific Market States and Outlook (2017-2023)

4.4.       South America (Brazil, Argentina, Columbia and Rest of South America)

4.4.1.  Brazil Market States and Outlook (2017-2023)

4.4.2.  Argentina Market States and Outlook (2017-2023)

4.4.3.  Columbia Market States and Outlook (2017-2023)

4.4.4.  Rest of South America Market States and Outlook (2017-2023)

4.5.       Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)

4.5.1.  Saudi Arabia Market States and Outlook (2017-2023)

4.5.2.  UAE Market States and Outlook (2017-2023)

4.5.3.  Egypt Market States and Outlook (2017-2023)

4.5.4.  Nigeria Market States and Outlook (2017-2023)

4.5.5.  South Africa Market States and Outlook (2017-2023)

4.5.6.  Rest of MEA Market States and Outlook (2017-2023)

5.       Data Center Cooling Market, By Application

5.1.       Introduction

5.2.       Global Data Center Cooling Sales, Revenue and Market Share by Application (2017-2017)

5.2.1.  Global Data Center Cooling Sales and Sales Share by Application (2017-2017)

5.2.2.  Global Data Center Cooling Revenue and Revenue Share by Application (2017-2017)

5.3.       Data Center Cooling Market Assessment and Forecast, By Application, 2017-2023

5.4.       Telecom & IT

5.4.1.  Global Telecom & IT Sales and Growth Rate (2017-2027)

5.5.       Retail

5.5.1.  Global Retail Sales and Growth Rate (2017-2027)

5.6.       Healthcare

5.6.1.  Global Healthcare Sales and Growth Rate (2017-2027)

5.7.       BFSI

5.7.1.  Global BFSI Sales and Growth Rate (2017-2027)

5.8.       Energy

5.8.1.  Global Energy Sales and Growth Rate (2017-2027)

5.9.       Other Applications

5.9.1.  Global Other Applications Sales and Growth Rate (2017-2027)

6.       Data Center Cooling Market, By Product

6.1.       Introduction

6.2.       Global Data Center Cooling Sales, Revenue and Market Share by Product (2017-2017)

6.2.1.  Global Data Center Cooling Sales and Sales Share by Product (2017-2017)

6.2.2.  Global Data Center Cooling Revenue and Revenue Share by Product (2017-2017)

6.3.       The Data Center Cooling Market Assessment and Forecast, By Product, 2017-2023

6.4.       Air Conditioners

6.4.1.  Global Air Conditioners Sales and Growth Rate (2017-2027)

6.5.       Precision Air Conditioners

6.5.1.  Global Precision Air Conditioners Sales and Growth Rate (2017-2027)

6.6.       Chillers

6.6.1.  Global Chillers Sales and Growth Rate (2017-2027)

6.7.       Air Handling Units

6.7.1.  Global Air Handling Units Sales and Growth Rate (2017-2027)

7.       Data Center Cooling Market, By Region

7.1.       Introduction

7.2.       Global Data Center Cooling Sales, Revenue and Market Share by Regions

7.2.1.  Global Data Center Cooling Sales by Regions (2017-2027)

7.2.2.  Global Data Center Cooling Revenue by Regions (2017-2027)

7.3.       North America Data Center Cooling by Countries

7.3.1.  North America Data Center Cooling Sales and Growth Rate (2017-2027)

7.3.2.  North America Data Center Cooling Revenue and Growth Rate (2017-2027)

7.3.3.  North America Data Center Cooling Sales by Countries (2017-2027)

7.3.4.  North America Data Center Cooling Revenue (Million USD) by Countries (2017-2027)

7.3.5.  U.S.

7.3.5.1.    United States Data Center Cooling Sales and Growth Rate (2017-2027)

7.3.5.2.    United States Data Center Cooling Revenue (Millions USD) and Growth Rate (2017-2027)

7.3.6.  Canada

7.3.6.1.    Canada Data Center Cooling Sales and Growth Rate (2017-2027)

7.3.6.2.    Canada Data Center Cooling Sales (Millions USD) and Growth Rate (2017-2027)

7.3.7.  Mexico

7.3.7.1.    Mexico Data Center Cooling Sales and Growth Rate (2017-2027)

7.3.7.2.    Mexico Data Center Cooling Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.       Europe Data Center Cooling by Countries

7.4.1.  Europe Data Center Cooling Sales and Growth Rate (2017-2027)

7.4.2.  Europe Data Center Cooling Revenue and Growth Rate (2017-2027)

7.4.3.  Europe Data Center Cooling Sales by Countries (2017-2027)

7.4.4.  Europe Data Center Cooling Revenue (Million USD) by Countries (2017-2027)

7.4.5.  Germany

7.4.5.1.    Germany Data Center Cooling Sales and Growth Rate (2017-2027)

7.4.5.2.    Germany Data Center Cooling Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.6.  UK

7.4.6.1.    UK Data Center Cooling Sales and Growth Rate (2017-2027)

7.4.6.2.    UK Data Center Cooling Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.7.  France

7.4.7.1.    France Data Center Cooling Sales and Growth Rate (2017-2027)

7.4.7.2.    France Data Center Cooling Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.8.  Russia

7.4.8.1.    Russia Data Center Cooling Sales and Growth Rate (2017-2027)

7.4.8.2.    Russia Data Center Cooling Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.9.  Italy

7.4.9.1.    Italy Data Center Cooling Sales and Growth Rate (2017-2027)

7.4.9.2.    Italy Data Center Cooling Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.10.      Rest of Europe

7.4.10.1. Rest of Europe Data Center Cooling Sales and Growth Rate (2017-2027)

7.4.10.2. Rest of Europe Data Center Cooling Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.       Asia-Pacific

7.5.1.  Asia-Pacific Data Center Cooling Sales and Growth Rate (2017-2027)

7.5.2.  Asia-Pacific Data Center Cooling Revenue and Growth Rate (2017-2027)

7.5.3.  Asia-Pacific Data Center Cooling Sales by Countries (2017-2027)

7.5.4.  Asia-Pacific Data Center Cooling Revenue (Million USD) by Countries (2017-2027)

7.5.5.  China

7.5.5.1.    China Data Center Cooling Sales and Growth Rate (2017-2027)

7.5.5.2.    China Data Center Cooling Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.6.  Japan

7.5.6.1.    Japan Data Center Cooling Sales and Growth Rate (2017-2027)

7.5.6.2.    Japan Data Center Cooling Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.6.3.     

7.5.7.  Korea

7.5.7.1.    Korea Data Center Cooling Sales and Growth Rate (2017-2027)

7.5.7.2.    Korea Data Center Cooling Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.8.  India

7.5.8.1.    India Data Center Cooling Sales and Growth Rate (2017-2027)

7.5.8.2.    India Data Center Cooling Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.9.  Southeast Asia

7.5.9.1.    Southeast Asia Data Center Cooling Sales and Growth Rate (2017-2027)

7.5.9.2.    Southeast Asia Data Center Cooling Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.10.      Rest of Asia-Pacific

7.5.10.1. Rest of Asia-Pacific Data Center Cooling Sales and Growth Rate (2017-2027)

7.5.10.2. Rest of Asia-Pacific Data Center Cooling Revenue (Millions USD) and Growth Rate (2017-2027)

7.6.       South America

7.6.1.  South America Data Center Cooling Sales and Growth Rate (2017-2027)

7.6.2.  South America Data Center Cooling Revenue and Growth Rate (2017-2027)

7.6.3.  South America Data Center Cooling Sales by Countries (2017-2027)

7.6.4.  South America Data Center Cooling Revenue (Million USD) by Countries (2017-2027)

7.6.5.  Brazil

7.6.5.1.    Brazil Data Center Cooling Sales and Growth Rate (2017-2027)

7.6.5.2.    Brazil Data Center Cooling Revenue (Millions USD) and Growth Rate (2017-2027)

7.6.6.  Argentina

7.6.6.1.    Argentina Data Center Cooling Sales and Growth Rate (2017-2027)

7.6.6.2.    Argentina Data Center Cooling Revenue (Millions USD) and Growth Rate (2017-2027)

7.6.7.  Columbia

7.6.7.1.    Columbia Data Center Cooling Sales and Growth Rate (2017-2027)

7.6.7.2.    Columbia Data Center Cooling Revenue (Millions USD) and Growth Rate (2017-2027)

7.6.8.  Rest of South America

7.6.8.1.    Rest of South America Data Center Cooling Sales and Growth Rate (2017-2027)

7.6.8.2.    Rest of South America Data Center Cooling Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.       Middle East and Africa

7.7.1.  Middle East and Africa Data Center Cooling Sales and Growth Rate (2017-2027)

7.7.2.  Middle East and Africa Data Center Cooling Revenue and Growth Rate (2017-2027)

7.7.3.  Middle East and Africa Data Center Cooling Sales by Countries (2017-2027)

7.7.4.  Middle East and Africa Data Center Cooling Revenue (Million USD) by Countries (2017-2027)

7.7.5.  Saudi Arabia

7.7.5.1.    Saudi Arabia Data Center Cooling Sales and Growth Rate (2017-2027)

7.7.5.2.    Saudi Arabia Data Center Cooling Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.6.  United Arab Emirates

7.7.6.1.    United Arab Emirates Data Center Cooling Sales and Growth Rate (2017-2027)

7.7.6.2.    United Arab Emirates Data Center Cooling Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.7.  Egypt

7.7.7.1.    Egypt Data Center Cooling Sales and Growth Rate (2017-2027)

7.7.7.2.    Egypt Data Center Cooling Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.8.  Nigeria

7.7.8.1.    Nigeria Data Center Cooling Sales and Growth Rate (2017-2027)

7.7.8.2.    Nigeria Data Center Cooling Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.9.  South Africa

7.7.9.1.    South Africa Data Center Cooling Sales and Growth Rate (2017-2027)

7.7.9.2.    South Africa Data Center Cooling Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.10.      Rest of Middle East and Africa

7.7.10.1. Rest of Middle East and Africa Data Center Cooling Sales and Growth Rate (2017-2027)

7.7.10.2. Rest of Middle East and Africa Data Center Cooling Revenue (Millions USD) and Growth Rate (2017-2027)

8.       Company Profiles

8.1.       Air Enterprises

8.1.1.  Business Overview

8.1.2.  Product Portfolio

8.1.3.  Strategic Developments

8.1.4.  Sales, Revenue and Market Share

8.2.       Asetek

8.2.1.  Business Overview

8.2.2.  Product Portfolio

8.2.3.  Strategic Developments

8.2.4.  Sales, Revenue and Market Share

8.3.       Climaveneta

8.3.1.  Business Overview

8.3.2.  Product  Portfolio

8.3.3.  Strategic Developments

8.3.4.  Sales, Revenue and Market Share

8.4.       Emerson Network Power

8.4.1.  Business Overview

8.4.2.  Product Portfolio

8.4.3.  Strategic Developments

8.4.4.  Sales, Revenue and Market Share

8.5.       Coolcentric

8.5.1.  Business Overview

8.5.2.  Product Portfolio

8.5.3.  Strategic Developments

8.5.4.  Sales, Revenue and Market Share

8.6.       Fujitsu

8.6.1.  Business Overview

8.6.2.  Product Portfolio

8.6.3.  Strategic Developments

8.6.4.  Sales, Revenue and Market Share

8.7.       Hitachi Ltd.

8.7.1.  Business Overview

8.7.2.  Product Portfolio

8.7.3.  Strategic Developments

8.7.4.  Sales, Revenue and Market Share

8.8.       Netmagic Solutions Pvt. Ltd. (subsidiary of NTT)

8.8.1.  Business Overview

8.8.2.  Product  Portfolio

8.8.3.  Strategic Developments

8.8.4.  Sales, Revenue and Market Share

8.9.       Rittal GmbH & Co. Kg

8.9.1.  Business Overview

8.9.2.  Product  Portfolio

8.9.3.  Strategic Developments

8.9.4.  Sales, Revenue and Market Share

8.10.    Rittal GmbH & Co. Kg

8.10.1.      Business Overview

8.10.2.      Product  Portfolio

8.10.3.      Strategic Developments

8.10.4.      Sales, Revenue and Market Share

9.       Global Data Center Cooling Market Competition, by Manufacturer

9.1.       Global Data Center Cooling Sales and Market Share by Manufacturer (2017-2017)

9.2.       Global Data Center Cooling Revenue and Market Share by Manufacturer (2017-2017)

9.3.       Global Data Center Cooling Price by Manufacturer (2017-2017)

9.4.       Top 5 Data Center Cooling Manufacturer Market Share

9.5.       Market Competition Trend

10.   Data Center Cooling Market Forecast (2027-2023)

10.1.    Global Data Center Cooling Sales, Revenue (Millions USD) and Growth Rate (2027-2023)

10.2.    Data Center Cooling Market Forecast by Regions (2027-2023)

10.2.1.      North America Data Center Cooling Market Forecast (2027-2023)

10.2.1.1. United States Data Center Cooling Market Forecast (2027-2023)

10.2.1.2. Canada Data Center Cooling Market Forecast (2027-2023)

10.2.1.3. Mexico Data Center Cooling Market Forecast (2027-2023)

10.2.2.      Europe Data Center Cooling Market Forecast (2027-2023)

10.2.2.1. Germany Data Center Cooling Market Forecast (2027-2023)

10.2.2.2. United Kingdom Data Center Cooling Market Forecast (2027-2023)

10.2.2.3. France Data Center Cooling Market Forecast (2027-2023)

10.2.2.4. Russia Data Center Cooling Market Forecast (2027-2023)

10.2.2.5. Italy Data Center Cooling Market Forecast (2027-2023)

10.2.2.6. Rest of the Europe Data Center Cooling Market Forecast (2027-2023)

10.2.3.      Asia-Pacific Data Center Cooling Market Forecast (2027-2023)

10.2.3.1. China Data Center Cooling Market Forecast (2027-2023)

10.2.3.2. Japan Data Center Cooling Market Forecast (2027-2023)

10.2.3.3. Korea Data Center Cooling Market Forecast (2027-2023)

10.2.3.4. India Data Center Cooling Market Forecast (2027-2023)

10.2.3.5. Southeast Asia Data Center Cooling Market Forecast (2027-2023)

10.2.3.6. Rest of Asia-Pacific Data Center Cooling Market Forecast (2027-2023)

10.2.4.      South America Data Center Cooling Market Forecast (2027-2023)

10.2.4.1. Brazil Data Center Cooling Market Forecast (2027-2023)

10.2.4.2. Argentina Data Center Cooling Market Forecast (2027-2023)

10.2.4.3. Columbia Data Center Cooling Market Forecast (2027-2023)

10.2.4.4. Rest of South America Data Center Cooling Market Forecast (2027-2023)

10.2.5.      Middle East and Africa Data Center Cooling Market Forecast (2027-2023)

10.2.5.1. Saudi Arabia Data Center Cooling Market Forecast (2027-2023)

10.2.5.2. UAE Data Center Cooling Market Forecast (2027-2023)

10.2.5.3. Egypt Data Center Cooling Market Forecast (2027-2023)

10.2.5.4. Nigeria Data Center Cooling Market Forecast (2027-2023)

10.2.5.5. South Africa Data Center Cooling Market Forecast (2027-2023)

10.2.5.6. Rest of MEA Data Center Cooling Market Forecast (2027-2023)

10.3.    Data Center Cooling Market Forecast by Application (2027-2023)

10.3.1.      Global Data Center Cooling Sales Forecast by Application (2027-2023)

10.3.2.      Global Data Center Cooling Sales Market Share Forecast by Application (2027-2023)

10.4.    Data Center Cooling Market Forecast by Product (2027-2023)

10.4.1.      Global Data Center Cooling Sales Forecast by Product (2027-2023)

10.4.2.      Global Data Center Cooling Sales Market Share Forecast by Product (2027-2023)

List of Tables and Figures

*You can glance through the list of Tables and Figures when you view the sample copy of Data Center Cooling Market.

List of Tables

*You can glance through the list of Tables and Figures when you view the sample copy of Data Center Cooling Market.

Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

Data Collection Matrix

Supply Side

Demand Side

Primary Data Sources
  • Manufacturers
  • Distributors & Wholesalers
  • GPOs
  • Physicians/Specialist
  • Healthcare Providers
  • Consumers

Secondary Data Sources
  • Annual Reports/SEC Filings/ Investor Presentations/ Press Releases
  • Government/Associations Publications
  • Case Studies
  • Reference Customers

 

Market Modeling and Forecasting

We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.

  • Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
  • Number of patients for particular device or medical procedure and
  • Repeated use of particular device depending on health and condition of patient
  • Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.

We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

Data Validation

We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Data Triangulation

data triangulation

Industry Analysis

Qualitative Data

Quantitative Data (2017-2025)
  • Market Dynamics (Drivers, Restraints, and Challenges)
  • Industry Trend Analysis
  • Market Opportunities
  • Government Policies and Regulations, Patent Analysis, and Reimbursement Policies
  • Porter’s Five Forces and PESTLE Analysis
  • Key Developments and Competitive Landscape
  • Market Assessment and Forecast
  • Market Assessment and Forecast, By Product
  • Market Assessment and Forecast, By Technology
  • Market Assessment and Forecast, By Application
  • Market Assessment and Forecast, By End User
  • Market Assessment and Forecast, By Region/Country

License Type

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