Gastrointestinal Endoscopy Devices Market By Product Type - Global Industry Analysis And Forecast To 2023
Published On : May 2022 Pages : 80 Category: Biotechnology Report Code : HC05759
Industry Outlook and Trend Analysis
The global Gastrointestinal Endoscopic Devices Market was worth has encountered significant development in the recent years and is anticipated to grow tremendously in the following years. The expanding prevalence of insignificantly intrusive methods will drive the development prospects for the worldwide gastrointestinal endoscopy devices market for the following four years. Customary open surgeries include a substantial number of difficulties, which forces the wellbeing focuses to embrace GI endoscopy devices over the globe. For example, traditional open surgeries can cause different post-operation inconveniences, for example, torment, blood clumps, weakness, muscle decay, and diseases. Another central point that drives the reception of GI endoscopy devices in different medicinal offices is the expanding familiarity with advantages of the negligibly obtrusive surgeries. In addition, the negligibly obtrusive surgeries are likewise attempted amid basic conditions, which cannot be expert through traditional open surgeries. Moreover, a large portion of the vendors are giving training to the specialists to perform endoscopy surgeries to expand the entrance of these devices around the world.
Product Type Outlook and Trend Analysis
The instruments and accessories segment represented the highest portion amid 2017 and will keep on dominating the market for the following couple of years. This market segment represents a noteworthy portion since they create repeating income and should be supplanted, every now and again.
Regional Outlook and Trend Analysis
In terms of region, the Americas represented the highest portion amid 2017 and will keep on dominating the market in the approaching years. Factors, for example, the development of rules from ESGE and UEG is expanding the reception rate of GI endoscopy devices in this region.
Competitive Insights
The leading players in the market include Boston Scientific, Ethicon, Medtronic, Karl Storz, Olympus and B. Braun Melsungen. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The Gastrointestinal Endoscopy Devices Market is segmented as follows-
By Product Type:
- GI endoscopes
- Instruments and accessories
- Services
By Region
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Rest of Asia Pacific
- Rest of the World
- Brazil
- South Africa
- Saudi Arabia
- United Arab Emirates
- Others
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
· Gastrointestinal Endoscopy Devices Market, By Product Type, Estimates and Forecast, 2014-2023($Million)
· GI Endoscopes
· Instruments and Accessories
· Services
· Gastrointestinal Endoscopy Devices Market, By Region, Estimates and Forecast, 2014-2023($Million)
o North America
§ North America Gastrointestinal Endoscopy Devices Market, By Country
o U.S. Gastrointestinal Endoscopy Devices Market
o Canada Gastrointestinal Endoscopy Devices Market
o Mexico Gastrointestinal Endoscopy Devices Market
o Europe
§ Europe Gastrointestinal Endoscopy Devices Market, By Country
o Germany Gastrointestinal Endoscopy Devices Market
o UK Gastrointestinal Endoscopy Devices Market
o France Gastrointestinal Endoscopy Devices Market
o Russia Gastrointestinal Endoscopy Devices Market
o Italy Gastrointestinal Endoscopy Devices Market
o Rest of Europe Gastrointestinal Endoscopy Devices Market
o Asia-Pacific
§ Asia-Pacific Gastrointestinal Endoscopy Devices Market, By Country
o China Gastrointestinal Endoscopy Devices Market
o Japan Gastrointestinal Endoscopy Devices Market
o South Korea Gastrointestinal Endoscopy Devices Market
o India Gastrointestinal Endoscopy Devices Market
o Southeast Asia Gastrointestinal Endoscopy Devices Market
o Rest of Asia-Pacific Gastrointestinal Endoscopy Devices Market
o South America
§ South America Gastrointestinal Endoscopy Devices Market
o Brazil Gastrointestinal Endoscopy Devices Market
o Argentina Gastrointestinal Endoscopy Devices Market
o Columbia Gastrointestinal Endoscopy Devices Market
o South Africa Gastrointestinal Endoscopy Devices Market
o Rest of South America Gastrointestinal Endoscopy Devices Market
o Middle East and Africa
§ Middle East and Africa Gastrointestinal Endoscopy Devices Market
o Saudi Arabia Gastrointestinal Endoscopy Devices Market
o UAE Gastrointestinal Endoscopy Devices Market
o Egypt Gastrointestinal Endoscopy Devices Market
o Nigeria Gastrointestinal Endoscopy Devices Market
o South Africa Gastrointestinal Endoscopy Devices Market
o Rest of MEA Gastrointestinal Endoscopy Devices Market
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
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
3.2.1.1. Popularity of Minimally Invasive Procedures
3.2.1.2. Increasing Product Approvals Fuel the Market Growth
3.2.2. Restraints
3.2.2.1. Increasing Influence of GPOs Coupled With Anti-kickback Law
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. Gastrointestinal Endoscopy Devices Market, By Product Type
5.1. Introduction
5.2. Global Gastrointestinal Endoscopy Devices Sales, Revenue and Market Share by Product Type (2017-2017)
5.2.1. Global Gastrointestinal Endoscopy Devices Sales and Sales Share by Product Type (2017-2017)
5.2.2. Global Gastrointestinal Endoscopy Devices Revenue and Revenue Share by Product Type (2017-2017)
5.3. Gastrointestinal Endoscopy Devices Market Assessment and Forecast, By Product Type, 2017-2023
5.4. GI Endoscopes
5.4.1. Global GI Endoscopes Sales and Growth Rate (2017-2027)
5.5. Instruments and Accessories
5.5.1. Global Instruments and Accessories Sales and Growth Rate (2017-2027)
5.6. Services
5.6.1. Global Services Sales and Growth Rate (2017-2027)
6. Gastrointestinal Endoscopy Devices Market, By Region
6.1. Introduction
6.2. Global Gastrointestinal Endoscopy Devices Sales, Revenue and Market Share by Regions
6.2.1. Global Gastrointestinal Endoscopy Devices Sales by Regions (2017-2027)
6.2.2. Global Gastrointestinal Endoscopy Devices Revenue by Regions (2017-2027)
6.3. North America Gastrointestinal Endoscopy Devices by Countries
6.3.1. North America Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.3.2. North America Gastrointestinal Endoscopy Devices Revenue and Growth Rate (2017-2027)
6.3.3. North America Gastrointestinal Endoscopy Devices Sales by Countries (2017-2027)
6.3.4. North America Gastrointestinal Endoscopy Devices Revenue (Million USD) by Countries (2017-2027)
6.3.5. U.S.
6.3.5.1. United States Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.3.5.2. United States Gastrointestinal Endoscopy Devices Revenue (Millions USD) and Growth Rate (2017-2027)
6.3.6. Canada
6.3.6.1. Canada Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.3.6.2. Canada Gastrointestinal Endoscopy Devices Sales (Millions USD) and Growth Rate (2017-2027)
6.3.7. Mexico
6.3.7.1. Mexico Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.3.7.2. Mexico Gastrointestinal Endoscopy Devices Revenue (Millions USD) and Growth Rate (2017-2027)
6.4. Europe Gastrointestinal Endoscopy Devices by Countries
6.4.1. Europe Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.4.2. Europe Gastrointestinal Endoscopy Devices Revenue and Growth Rate (2017-2027)
6.4.3. Europe Gastrointestinal Endoscopy Devices Sales by Countries (2017-2027)
6.4.4. Europe Gastrointestinal Endoscopy Devices Revenue (Million USD) by Countries (2017-2027)
6.4.5. Germany
6.4.5.1. Germany Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.4.5.2. Germany Gastrointestinal Endoscopy Devices Revenue (Millions USD) and Growth Rate (2017-2027)
6.4.6. UK
6.4.6.1. UK Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.4.6.2. UK Gastrointestinal Endoscopy Devices Revenue (Millions USD) and Growth Rate (2017-2027)
6.4.7. France
6.4.7.1. France Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.4.7.2. France Gastrointestinal Endoscopy Devices Revenue (Millions USD) and Growth Rate (2017-2027)
6.4.8. Russia
6.4.8.1. Russia Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.4.8.2. Russia Gastrointestinal Endoscopy Devices Revenue (Millions USD) and Growth Rate (2017-2027)
6.4.9. Italy
6.4.9.1. Italy Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.4.9.2. Italy Gastrointestinal Endoscopy Devices Revenue (Millions USD) and Growth Rate (2017-2027)
6.4.10. Rest of Europe
6.4.10.1. Rest of Europe Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.4.10.2. Rest of Europe Gastrointestinal Endoscopy Devices Revenue (Millions USD) and Growth Rate (2017-2027)
6.5. Asia-Pacific
6.5.1. Asia-Pacific Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.5.2. Asia-Pacific Gastrointestinal Endoscopy Devices Revenue and Growth Rate (2017-2027)
6.5.3. Asia-Pacific Gastrointestinal Endoscopy Devices Sales by Countries (2017-2027)
6.5.4. Asia-Pacific Gastrointestinal Endoscopy Devices Revenue (Million USD) by Countries (2017-2027)
6.5.5. China
6.5.5.1. China Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.5.5.2. China Gastrointestinal Endoscopy Devices Revenue (Millions USD) and Growth Rate (2017-2027)
6.5.6. Japan
6.5.6.1. Japan Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.5.6.2. Japan Gastrointestinal Endoscopy Devices Revenue (Millions USD) and Growth Rate (2017-2027)
6.5.6.3.
6.5.7. Korea
6.5.7.1. Korea Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.5.7.2. Korea Gastrointestinal Endoscopy Devices Revenue (Millions USD) and Growth Rate (2017-2027)
6.5.8. India
6.5.8.1. India Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.5.8.2. India Gastrointestinal Endoscopy Devices Revenue (Millions USD) and Growth Rate (2017-2027)
6.5.9. Southeast Asia
6.5.9.1. Southeast Asia Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.5.9.2. Southeast Asia Gastrointestinal Endoscopy Devices Revenue (Millions USD) and Growth Rate (2017-2027)
6.5.10. Rest of Asia-Pacific
6.5.10.1. Rest of Asia-Pacific Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.5.10.2. Rest of Asia-Pacific Gastrointestinal Endoscopy Devices Revenue (Millions USD) and Growth Rate (2017-2027)
6.6. South America
6.6.1. South America Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.6.2. South America Gastrointestinal Endoscopy Devices Revenue and Growth Rate (2017-2027)
6.6.3. South America Gastrointestinal Endoscopy Devices Sales by Countries (2017-2027)
6.6.4. South America Gastrointestinal Endoscopy Devices Revenue (Million USD) by Countries (2017-2027)
6.6.5. Brazil
6.6.5.1. Brazil Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.6.5.2. Brazil Gastrointestinal Endoscopy Devices Revenue (Millions USD) and Growth Rate (2017-2027)
6.6.6. Argentina
6.6.6.1. Argentina Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.6.6.2. Argentina Gastrointestinal Endoscopy Devices Revenue (Millions USD) and Growth Rate (2017-2027)
6.6.7. Columbia
6.6.7.1. Columbia Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.6.7.2. Columbia Gastrointestinal Endoscopy Devices Revenue (Millions USD) and Growth Rate (2017-2027)
6.6.8. Rest of South America
6.6.8.1. Rest of South America Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.6.8.2. Rest of South America Gastrointestinal Endoscopy Devices Revenue (Millions USD) and Growth Rate (2017-2027)
6.7. Middle East and Africa
6.7.1. Middle East and Africa Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.7.2. Middle East and Africa Gastrointestinal Endoscopy Devices Revenue and Growth Rate (2017-2027)
6.7.3. Middle East and Africa Gastrointestinal Endoscopy Devices Sales by Countries (2017-2027)
6.7.4. Middle East and Africa Gastrointestinal Endoscopy Devices Revenue (Million USD) by Countries (2017-2027)
6.7.5. Saudi Arabia
6.7.5.1. Saudi Arabia Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.7.5.2. Saudi Arabia Gastrointestinal Endoscopy Devices Revenue (Millions USD) and Growth Rate (2017-2027)
6.7.6. United Arab Emirates
6.7.6.1. United Arab Emirates Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.7.6.2. United Arab Emirates Gastrointestinal Endoscopy Devices Revenue (Millions USD) and Growth Rate (2017-2027)
6.7.7. Egypt
6.7.7.1. Egypt Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.7.7.2. Egypt Gastrointestinal Endoscopy Devices Revenue (Millions USD) and Growth Rate (2017-2027)
6.7.8. Nigeria
6.7.8.1. Nigeria Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.7.8.2. Nigeria Gastrointestinal Endoscopy Devices Revenue (Millions USD) and Growth Rate (2017-2027)
6.7.9. South Africa
6.7.9.1. South Africa Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.7.9.2. South Africa Gastrointestinal Endoscopy Devices Revenue (Millions USD) and Growth Rate (2017-2027)
6.7.10. Rest of Middle East and Africa
6.7.10.1. Rest of Middle East and Africa Gastrointestinal Endoscopy Devices Sales and Growth Rate (2017-2027)
6.7.10.2. Rest of Middle East and Africa Gastrointestinal Endoscopy Devices Revenue (Millions USD) and Growth Rate (2017-2027)
7. Company Profiles
7.1. Boston Scientific
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Strategic Developments
7.1.4. Sales, Revenue and Market Share
7.2. Ethicon
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Strategic Developments
7.2.4. Sales, Revenue and Market Share
7.3. Medtronic
7.3.1. Business Overview
7.3.2. Product Type Portfolio
7.3.3. Strategic Developments
7.3.4. Sales, Revenue and Market Share
7.4. Karl Storz
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Strategic Developments
7.4.4. Sales, Revenue and Market Share
7.5. Olympus
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Strategic Developments
7.5.4. Sales, Revenue and Market Share
7.6. Applied Medical
7.6.1. Business Overview
7.6.2. Product Portfolio
7.6.3. Strategic Developments
7.6.4. Sales, Revenue and Market Share
7.7. asap endoscopic products
7.7.1. Business Overview
7.7.2. Product Portfolio
7.7.3. Strategic Developments
7.7.4. Sales, Revenue and Market Share
7.8. B. Braun Melsungen
7.8.1. Business Overview
7.8.2. Product Portfolio
7.8.3. Strategic Developments
7.8.4. Sales, Revenue and Market Share
7.9. CareFusion
7.9.1. Business Overview
7.9.2. Product Portfolio
7.9.3. Strategic Developments
7.9.4. Sales, Revenue and Market Share
7.10. Check-Cap
7.10.1. Business Overview
7.10.2. Product Portfolio
7.10.3. Strategic Developments
7.10.4. Sales, Revenue and Market Share
8. Global Gastrointestinal Endoscopy Devices Market Competition, by Manufacturer
8.1. Global Gastrointestinal Endoscopy Devices Sales and Market Share by Manufacturer (2017-2017)
8.2. Global Gastrointestinal Endoscopy Devices Revenue and Market Share by Manufacturer (2017-2017)
8.3. Global Gastrointestinal Endoscopy Devices Price by Manufacturer (2017-2017)
8.4. Top 5 Gastrointestinal Endoscopy Devices Manufacturer Market Share
8.5. Market Competition Trend
9. Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.1. Global Gastrointestinal Endoscopy Devices Sales, Revenue (Millions USD) and Growth Rate (2027-2023)
9.2. Gastrointestinal Endoscopy Devices Market Forecast by Regions (2027-2023)
9.2.1. North America Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.1.1. United States Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.1.2. Canada Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.1.3. Mexico Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.2. Europe Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.2.1. Germany Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.2.2. United Kingdom Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.2.3. France Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.2.4. Russia Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.2.5. Italy Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.2.6. Rest of the Europe Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.3. Asia-Pacific Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.3.1. China Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.3.2. Japan Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.3.3. Korea Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.3.4. India Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.3.5. Southeast Asia Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.3.6. Rest of Asia-Pacific Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.4. South America Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.4.1. Brazil Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.4.2. Argentina Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.4.3. Columbia Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.4.4. Rest of South America Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.5. Middle East and Africa Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.5.1. Saudi Arabia Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.5.2. UAE Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.5.3. Egypt Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.5.4. Nigeria Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.5.5. South Africa Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.2.5.6. Rest of MEA Gastrointestinal Endoscopy Devices Market Forecast (2027-2023)
9.3. Gastrointestinal Endoscopy Devices Market Forecast by Product Type (2027-2023)
9.3.1. Global Gastrointestinal Endoscopy Devices Sales Forecast by Product Type (2027-2023)
9.3.2. Global Gastrointestinal Endoscopy Devices Sales Market Share Forecast by Product Type (2027-2023)
List of Tables and Figures
*You can glance through the list of Tables and Figures when you view the sample copy of Gastrointestinal Endoscopy Devices Market.
List of Tables
*You can glance through the list of Tables and Figures when you view the sample copy of Gastrointestinal Endoscopy Devices 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
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Data Collection Matrix |
Supply Side |
Demand Side |
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Primary Data Sources |
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Secondary Data Sources |
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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
Industry Analysis
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Qualitative Data |
Quantitative Data (2017-2025) |
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