Gynecological Device Market By Product - Global Industry Analysis And Forecast To 2023
Published On : May 2022 Pages : 180 Category: Healthcare IT Report Code : HC05820
Industry Outlook and Trend Analysis
The Gynecological Device Market was worth USD 5.65 billion in 2017 and is expected to reach approximately USD 20.81billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 15.59% during the forecast period. Advent of enhanced devices which help in expanding productivity of minimally invasive methods and high advancement of definition imaging devices, for example, 3D endoscope is principally boosting the market development. The elements, for example, developing gynecological disease commonness and conditions related with the female conceptive system, for example, polycystic ovary syndrome, cervical cancer, vaginal melanoma, uterine cancer, extended bleeding and irregular menstrual cycles are principally bringing about expanded interest for gynecological treatments.
Product Outlook and Trend Analysis
Surgical devices commanded the market with biggest share in 2017. High use of endoscopy devices and female contraceptives is the factor which can be inferable from the biggest share. Requirement for exceedingly durable and effectively autoclavable surgical instruments has been becoming progressively inferable from the developing number of surgical methods globally. Progression in technology and presentation of exceptionally effective devices which can give rapid and precise analysis and limit the working time are the elements anticipated that would offer boost to the market development in the following years.
Regional Outlook and Trend Analysis
North America ruled the worldwide gynecological device market and is anticipated to keep up its predominance all through the figure time frame attributable to the variables, for example, accessibility of well-established healthcare foundation, increasing awareness with respect to the accessibility of diagnostic tests and treatments, and rising reimbursement coverage. Asia Pacific is anticipated to demonstrate lucrative development amid the estimate time frame.
Competitive Insights
The leading players in the market Medtronic, Hologic, CooperSurgical Inc, Karl Storz GmbH & Co, Boston Scientific, Stryker Corporation, Richard Wolf GmbH and Ethicon Inc. 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 Gynecological Device Market is segmented as follows-
By Product:
- Hand Instrument
- Tenaculum
- Trocars Market
- Diagnostic Imaging Systems
- Vaginal Speculum
- Curettes
- Biopsy Forceps
- Others
- Surgical devices
- Hysteroscope
- Resectoscope
- Endoscopic imaging systems
- Hydrothermal ablation devices
- Balloon ablation devices
- Fluid Management Systems
- Gynecological Endoscopy Devices
- Colposcope
- Laparoscope
- Endometrial Ablation Devices
- Radiofrequency ablation devices
- Female Sterilization/Contraceptive Devices
- 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
· Gynecological Device Market, By Product, Estimates and Forecast, 2014-2023($Million)
· Surgical devices
o Gynecological Endoscopy Devices
o Hysteroscope
o Colposcope
o Resectoscope
o Laparoscope
o Endoscopic imaging systems
o Endometrial Ablation Devices
o Hydrothermal ablation devices
o Radiofrequency ablation devices
o Balloon ablation devices
o Others (cryotherapy, microwave, laser)
o Fluid Management Systems
o Female Sterilization/Contraceptive Devices
· Hand Instruments
o Vaginal Speculum
o Tenaculum
o Curettes
o Trocars Market
o Biopsy Forceps
o Others
o Diagnostic Imaging Systems
· Gynecological Device Market, By Region, Estimates and Forecast, 2014-2023($Million)
o North America
§ North America Gynecological Device Market, By Country
o U.S. Gynecological Device Market
o Canada Gynecological Device Market
o Mexico Gynecological Device Market
o Europe
§ Europe Gynecological Device Market, By Country
o Germany Gynecological Device Market
o UK Gynecological Device Market
o France Gynecological Device Market
o Russia Gynecological Device Market
o Italy Gynecological Device Market
o Rest of Europe Gynecological Device Market
o Asia-Pacific
§ Asia-Pacific Gynecological Device Market, By Country
o China Gynecological Device Market
o Japan Gynecological Device Market
o South Korea Gynecological Device Market
o India Gynecological Device Market
o Southeast Asia Gynecological Device Market
o Rest of Asia-Pacific Gynecological Device Market
o South America
§ South America Gynecological Device Market
o Brazil Gynecological Device Market
o Argentina Gynecological Device Market
o Columbia Gynecological Device Market
o South Africa Gynecological Device Market
o Rest of South America Gynecological Device Market
o Middle East and Africa
§ Middle East and Africa Gynecological Device Market
o Saudi Arabia Gynecological Device Market
o UAE Gynecological Device Market
o Egypt Gynecological Device Market
o Nigeria Gynecological Device Market
o South Africa Gynecological Device Market
o Rest of MEA Gynecological Device 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
3.2.2. Restraints
3.2.3. Opportunities
3.2.3.1. Emerging Countries 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. Gynecological Device Market, By Product
5.1. Introduction
5.2. Global Gynecological Device Sales, Revenue and Market Share by Product (2017-2027)
5.2.1. Global Gynecological Device Sales and Sales Share by Product (2017-2027)
5.2.2. Global Gynecological Device Revenue and Revenue Share by Product (2017-2027)
5.3. Surgical devices
5.3.1. Global Surgical devices Sales and Growth Rate By Type (2017-2027)
5.3.2. Global Surgical devices Sales and Growth Rate (2017-2027)
5.3.3. Gynecological Endoscopy Devices
5.3.3.1. Global Gynecological Endoscopy Devices Sales and Growth Rate (2017-2027)
5.3.4. Hysteroscope
5.3.4.1. Global Hysteroscope Sales and Growth Rate (2017-2027)
5.3.5. Colposcope
5.3.5.1. Global Colposcope Sales and Growth Rate (2017-2027)
5.3.6. Resectoscope
5.3.6.1. Global Resectoscope Sales and Growth Rate (2017-2027)
5.3.7. Laparoscope
5.3.7.1. Global Laparoscope Sales and Growth Rate (2017-2027)
5.3.8. Endoscopic imaging systems
5.3.8.1. Global Endoscopic imaging systems Sales and Growth Rate (2017-2027)
5.3.9. Endometrial Ablation Devices
5.3.9.1. Global Endometrial Ablation Devices Sales and Growth Rate (2017-2027)
5.3.10. Hydrothermal ablation devices
5.3.10.1. Global Hydrothermal ablation devices Sales and Growth Rate (2017-2027)
5.3.11. Radiofrequency ablation devices
5.3.11.1. Global Radiofrequency ablation devices Sales and Growth Rate (2017-2027)
5.3.12. Balloon ablation devices
5.3.12.1. Global Radiofrequency ablation devices Sales and Growth Rate (2017-2027)
5.3.13. Others (cryotherapy, microwave, laser)
5.3.13.1. Global Others (cryotherapy, microwave, laser)Sales and Growth Rate (2017-2027)
5.3.14. Fluid Management Systems
5.3.14.1. Global Fluid Management Systems Sales and Growth Rate (2017-2027)
5.3.15. Female Sterilization/Contraceptive Devices
5.3.15.1. Global Female Sterilization/Contraceptive Devices Sales and Growth Rate (2017-2027)
5.4. Hand Instruments
5.4.1. Global Hand Instruments Sales and Growth Rate By Type (2017-2027)
5.4.2. Global Hand Instruments Sales and Growth Rate (2017-2027)
5.4.3. Vaginal Speculum
5.4.3.1. Global Vaginal Speculum Sales and Growth Rate (2017-2027)
5.4.4. Tenaculum
5.4.4.1. Global Tenaculum Sales and Growth Rate (2017-2027)
5.4.5. Curettes
5.4.5.1. Global Curettes Sales and Growth Rate (2017-2027)
5.4.6. Trocars Market
5.4.6.1. Global Trocars Market Sales and Growth Rate (2017-2027)
5.4.7. Biopsy Forceps
5.4.7.1. Global Biopsy Forceps Sales and Growth Rate (2017-2027)
5.4.8. Others
5.4.8.1. Global Others Sales and Growth Rate (2017-2027)
5.4.9. Diagnostic Imaging Systems
5.4.9.1. Global Diagnostic Imaging Systems Sales and Growth Rate (2017-2027)
6. Gynecological Device Market, By Region
6.1. Introduction
6.2. Global Gynecological Device Sales, Revenue and Market Share by Regions
6.2.1. Global Gynecological Device Sales by Regions (2017-2027)
6.2.2. Global Gynecological Device Revenue by Regions (2017-2027)
6.3. North America Gynecological Device by Countries
6.3.1. North America Gynecological Device Sales and Growth Rate (2017-2027)
6.3.2. North America Gynecological Device Revenue and Growth Rate (2017-2027)
6.3.3. North America Gynecological Device Sales by Countries (2017-2027)
6.3.4. North America Gynecological Device Revenue (Million USD) by Countries (2017-2027)
6.3.5. U.S.
6.3.5.1. United States Gynecological Device Sales and Growth Rate (2017-2027)
6.3.5.2. United States Gynecological Device Revenue (Millions USD) and Growth Rate (2017-2027)
6.3.6. Canada
6.3.6.1. Canada Gynecological Device Sales and Growth Rate (2017-2027)
6.3.6.2. Canada Gynecological Device Sales (Millions USD) and Growth Rate (2017-2027)
6.3.7. Mexico
6.3.7.1. Mexico Gynecological Device Sales and Growth Rate (2017-2027)
6.3.7.2. Mexico Gynecological Device Revenue (Millions USD) and Growth Rate (2017-2027)
6.4. Europe Gynecological Device by Countries
6.4.1. Europe Gynecological Device Sales and Growth Rate (2017-2027)
6.4.2. Europe Gynecological Device Revenue and Growth Rate (2017-2027)
6.4.3. Europe Gynecological Device Sales by Countries (2017-2027)
6.4.4. Europe Gynecological Device Revenue (Million USD) by Countries (2017-2027)
6.4.5. Germany
6.4.5.1. Germany Gynecological Device Sales and Growth Rate (2017-2027)
6.4.5.2. Germany Gynecological Device Revenue (Millions USD) and Growth Rate (2017-2027)
6.4.6. UK
6.4.6.1. UK Gynecological Device Sales and Growth Rate (2017-2027)
6.4.6.2. UK Gynecological Device Revenue (Millions USD) and Growth Rate (2017-2027)
6.4.7. France
6.4.7.1. France Gynecological Device Sales and Growth Rate (2017-2027)
6.4.7.2. France Gynecological Device Revenue (Millions USD) and Growth Rate (2017-2027)
6.4.8. Russia
6.4.8.1. Russia Gynecological Device Sales and Growth Rate (2017-2027)
6.4.8.2. Russia Gynecological Device Revenue (Millions USD) and Growth Rate (2017-2027)
6.4.9. Italy
6.4.9.1. Italy Gynecological Device Sales and Growth Rate (2017-2027)
6.4.9.2. Italy Gynecological Device Revenue (Millions USD) and Growth Rate (2017-2027)
6.4.10. Rest of Europe
6.4.10.1. Rest of Europe Gynecological Device Sales and Growth Rate (2017-2027)
6.4.10.2. Rest of Europe Gynecological Device Revenue (Millions USD) and Growth Rate (2017-2027)
6.5. Asia-Pacific
6.5.1. Asia-Pacific Gynecological Device Sales and Growth Rate (2017-2027)
6.5.2. Asia-Pacific Gynecological Device Revenue and Growth Rate (2017-2027)
6.5.3. Asia-Pacific Gynecological Device Sales by Countries (2017-2027)
6.5.4. Asia-Pacific Gynecological Device Revenue (Million USD) by Countries (2017-2027)
6.5.5. China
6.5.5.1. China Gynecological Device Sales and Growth Rate (2017-2027)
6.5.5.2. China Gynecological Device Revenue (Millions USD) and Growth Rate (2017-2027)
6.5.6. Japan
6.5.6.1. Japan Gynecological Device Sales and Growth Rate (2017-2027)
6.5.6.2. Japan Gynecological Device Revenue (Millions USD) and Growth Rate (2017-2027)
6.5.6.3.
6.5.7. Korea
6.5.7.1. Korea Gynecological Device Sales and Growth Rate (2017-2027)
6.5.7.2. Korea Gynecological Device Revenue (Millions USD) and Growth Rate (2017-2027)
6.5.8. India
6.5.8.1. India Gynecological Device Sales and Growth Rate (2017-2027)
6.5.8.2. India Gynecological Device Revenue (Millions USD) and Growth Rate (2017-2027)
6.5.9. Southeast Asia
6.5.9.1. Southeast Asia Gynecological Device Sales and Growth Rate (2017-2027)
6.5.9.2. Southeast Asia Gynecological Device Revenue (Millions USD) and Growth Rate (2017-2027)
6.5.10. Rest of Asia-Pacific
6.5.10.1. Rest of Asia-Pacific Gynecological Device Sales and Growth Rate (2017-2027)
6.5.10.2. Rest of Asia-Pacific Gynecological Device Revenue (Millions USD) and Growth Rate (2017-2027)
6.6. South America
6.6.1. South America Gynecological Device Sales and Growth Rate (2017-2027)
6.6.2. South America Gynecological Device Revenue and Growth Rate (2017-2027)
6.6.3. South America Gynecological Device Sales by Countries (2017-2027)
6.6.4. South America Gynecological Device Revenue (Million USD) by Countries (2017-2027)
6.6.5. Brazil
6.6.5.1. Brazil Gynecological Device Sales and Growth Rate (2017-2027)
6.6.5.2. Brazil Gynecological Device Revenue (Millions USD) and Growth Rate (2017-2027)
6.6.6. Argentina
6.6.6.1. Argentina Gynecological Device Sales and Growth Rate (2017-2027)
6.6.6.2. Argentina Gynecological Device Revenue (Millions USD) and Growth Rate (2017-2027)
6.6.7. Columbia
6.6.7.1. Columbia Gynecological Device Sales and Growth Rate (2017-2027)
6.6.7.2. Columbia Gynecological Device Revenue (Millions USD) and Growth Rate (2017-2027)
6.6.8. Rest of South America
6.6.8.1. Rest of South America Gynecological Device Sales and Growth Rate (2017-2027)
6.6.8.2. Rest of South America Gynecological Device Revenue (Millions USD) and Growth Rate (2017-2027)
6.7. Middle East and Africa
6.7.1. Middle East and Africa Gynecological Device Sales and Growth Rate (2017-2027)
6.7.2. Middle East and Africa Gynecological Device Revenue and Growth Rate (2017-2027)
6.7.3. Middle East and Africa Gynecological Device Sales by Countries (2017-2027)
6.7.4. Middle East and Africa Gynecological Device Revenue (Million USD) by Countries (2017-2027)
6.7.5. Saudi Arabia
6.7.5.1. Saudi Arabia Gynecological Device Sales and Growth Rate (2017-2027)
6.7.5.2. Saudi Arabia Gynecological Device Revenue (Millions USD) and Growth Rate (2017-2027)
6.7.6. United Arab Emirates
6.7.6.1. United Arab Emirates Gynecological Device Sales and Growth Rate (2017-2027)
6.7.6.2. United Arab Emirates Gynecological Device Revenue (Millions USD) and Growth Rate (2017-2027)
6.7.7. Egypt
6.7.7.1. Egypt Gynecological Device Sales and Growth Rate (2017-2027)
6.7.7.2. Egypt Gynecological Device Revenue (Millions USD) and Growth Rate (2017-2027)
6.7.8. Nigeria
6.7.8.1. Nigeria Gynecological Device Sales and Growth Rate (2017-2027)
6.7.8.2. Nigeria Gynecological Device Revenue (Millions USD) and Growth Rate (2017-2027)
6.7.9. South Africa
6.7.9.1. South Africa Gynecological Device Sales and Growth Rate (2017-2027)
6.7.9.2. South Africa Gynecological Device 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 Gynecological Device Sales and Growth Rate (2017-2027)
6.7.10.2. Rest of Middle East and Africa Gynecological Device Revenue (Millions USD) and Growth Rate (2017-2027)
7. Company Profiles
7.1. Ethicon, Inc.
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. Karl StorzGmbH & Co. KG
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. Hologic, Inc.
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Strategic Developments
7.3.4. Sales, Revenue and Market Share
7.4. Boston Scientific Corporation
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. Stryker Corporation
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. Olympus Corporation
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. Richard Wolf GmbH
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. Medtronic plc
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. CooperSurgical, Inc.
7.9.1. Business Overview
7.9.2. Product Portfolio
7.9.3. Strategic Developments
7.9.4. Sales, Revenue and Market Share
8. Global Gynecological Device Market Competition, by Manufacturer
8.1. Global Gynecological Device Sales and Market Share by Manufacturer (2017-2017)
8.2. Global Gynecological Device Revenue and Market Share by Manufacturer (2017-2017)
8.3. Global Gynecological Device Price by Manufacturer (2017-2017)
8.4. Top 5 Gynecological Device Manufacturer Market Share
8.5. Market Competition Trend
9. Gynecological Device Market Forecast (2027-2023)
9.1. Global Gynecological Device Sales, Revenue (Millions USD) and Growth Rate (2027-2023)
9.2. Gynecological Device Market Forecast by Regions (2027-2023)
9.2.1. North America Gynecological Device Market Forecast (2027-2023)
9.2.1.1. United States Gynecological Device Market Forecast (2027-2023)
9.2.1.2. Canada Gynecological Device Market Forecast (2027-2023)
9.2.1.3. Mexico Gynecological Device Market Forecast (2027-2023)
9.2.2. Europe Gynecological Device Market Forecast (2027-2023)
9.2.2.1. Germany Gynecological Device Market Forecast (2027-2023)
9.2.2.2. United Kingdom Gynecological Devices Market Forecast (2027-2023)
9.2.2.3. France Gynecological Device Market Forecast (2027-2023)
9.2.2.4. Russia Gynecological Device Market Forecast (2027-2023)
9.2.2.5. Italy Gynecological Device Market Forecast (2027-2023)
9.2.2.6. Rest of the Europe Gynecological Device Market Forecast (2027-2023)
9.2.3. Asia-Pacific Gynecological Device Market Forecast (2027-2023)
9.2.3.1. China Gynecological Device Market Forecast (2027-2023)
9.2.3.2. Japan Gynecological Device Market Forecast (2027-2023)
9.2.3.3. Korea Gynecological Device Market Forecast (2027-2023)
9.2.3.4. India Gynecological Device Market Forecast (2027-2023)
9.2.3.5. Southeast Asia Gynecological Device Market Forecast (2027-2023)
9.2.3.6. Rest of Asia-Pacific Gynecological Device Market Forecast (2027-2023)
9.2.4. South America Gynecological Device Market Forecast (2027-2023)
9.2.4.1. Brazil Gynecological Device Market Forecast (2027-2023)
9.2.4.2. Argentina Gynecological Device Market Forecast (2027-2023)
9.2.4.3. Columbia Gynecological Device Market Forecast (2027-2023)
9.2.4.4. Rest of South America Gynecological Device Market Forecast (2027-2023)
9.2.5. Middle East and Africa Gynecological Device Market Forecast (2027-2023)
9.2.5.1. Saudi Arabia Gynecological Device Market Forecast (2027-2023)
9.2.5.2. UAE Gynecological Device Market Forecast (2027-2023)
9.2.5.3. Egypt Gynecological Device Market Forecast (2027-2023)
9.2.5.4. Nigeria Gynecological Device Market Forecast (2027-2023)
9.2.5.5. South Africa Gynecological Device Market Forecast (2027-2023)
9.2.5.6. Rest of MEA Gynecological Device Market Forecast (2027-2023)
9.3. Gynecological Device Market Forecast by Product (2027-2023)
9.3.1. Global Gynecological Device Sales Forecast by Product (2027-2023)
9.3.2. Global Gynecological Device Sales Market Share Forecast by Product (2027-2023)
List of Tables
*You can glance through the list of Tables and Figures when you view the sample copy of Gynecological Device 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 |
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Demand Side |
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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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