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Therapeutic Bed Market By Type And Product - Global Industry Analysis And Forecast To 2023

Published On : June 2022 Pages : 190 Category: Healthcare IT Report Code : HC06961

SEGMENTS & REGIONS:

  • Regions: North America, Europe, Asia- Pacific, Latin America, Middle East & Africa

Industry Outlook and Trend Analysis

The Therapeutic Bed Market was worth USD 2.44 billion in 2017 and is expected to reach approximately USD 3.92 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.42% during the forecast period. The increasing prevalence of conditions, for example, disease, heart issue, neurological turmoil, and gynaecological issue, is on an ascent. The treatment of these scatters incorporates hospitalization and long haul mind at specific circumstances, encouraging the interest for Durable Medical Equipment (DME), including therapeutic beds. The presentation of innovative progressions on the ground of conveyability, quiet solace, utilities, and cost-viability is anticipated to fuel market development. Mechanical developments, for example, movable side railings, fibre-made body, programmed tallness movability; multi-storeroom, and delicacy are some eminent innovative headway.

Drivers & Restrains

Developing inclination for home care and helped living has additionally taken into consideration development sought after for remedial beds. Presentation of creative highlights, for example, lightweight, computerization, customizable tallness and side railing, and others have additionally added to the interest for therapeutic beds through updating the current items. A portion of the limiting elements of this market is high evaluating of new items. This market is profoundly focused, with a few neighbourhood players fabricating pattern items. Doctor's facilities are as yet the real market portion for helpful beds. However, developing awareness among persistent populace especially the geriatric and debilitated gathering will fill in as potential open doors in this market.

Regional Outlook and Trend Analysis

Europe overwhelmed the business regarding income share in 2017 at more than 32.0%. This can be credited to broad open subsidizing in the human services framework, which brought wellbeing settings, for example, doctor's facility and essential care focuses. In addition, the developing predominance of different incessant maladies in this district, advanced social insurance offices, and positive repayment strategies have prompted an expanded doctor's facility affirmation rate, which thus is required to support the utilization rates in this area.

Competitive Insights

The leading players in the market are GF Health Products, Hill Rom, Inc., Bakare Beds Limited, Hard Manufacturing Co., ArjoHuntleigh and others. 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 Therapeutic Beds Market is segmented as follows-

By Product:

  • Clinical Beds
  • Household Beds
  • Accessories

By Type:

  • Acute Care
  • Critical Care
  • Long-term

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

·         Therapeutic Bed Market, By Type, Estimates and Forecast, 2014-2023 ($Million)

·         Acute Care

·         Critical Care

·         Long-term

·         Therapeutic Bed Market, By Product, Estimates and Forecast, 2014-2023 ($Million)

·         Clinical Beds

·         Household Beds

·         Accessories

·         Therapeutic Bed Market, By Region, Estimates and Forecast, 2014-2023 ($Million)

·         North America

§  North America Therapeutic Bed Market, By Country

o    U.S. Therapeutic Bed Market

o    Canada Therapeutic Bed Market

o    Mexico Therapeutic Bed Market

·         Europe

§  Europe Therapeutic Bed Market, By Country

o    Germany Therapeutic Bed Market

o    UK Therapeutic Bed Market

o    France Therapeutic Bed Market

o    Russia Therapeutic Bed Market

o    Italy Therapeutic Bed Market

o    Rest of Europe Therapeutic Bed Market

·         Asia-Pacific

§  Asia-Pacific Therapeutic Bed Market, By Country

o    China Therapeutic Bed Market

o    Japan Therapeutic Bed Market

o    South Korea Therapeutic Bed Market

o    India Therapeutic Bed Market

o    Southeast Asia Therapeutic Bed Market

o    Rest of Asia-Pacific Therapeutic Bed Market

·         South America

§  South America Therapeutic Bed Market

o    Brazil Therapeutic Bed Market

o    Argentina Therapeutic Bed Market

o    Columbia Therapeutic Bed Market

o    South Africa Therapeutic Bed Market

o    Rest of South America Therapeutic Bed Market

·         Middle East and Africa

§  Middle East and Africa Therapeutic Bed Market

o    Saudi Arabia Therapeutic Bed Market

o    UAE Therapeutic Bed Market

o    Egypt Therapeutic Bed Market

o    Nigeria Therapeutic Bed Market

o    South Africa Therapeutic Bed Market

o    Rest of MEA Therapeutic Bed 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 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.       Therapeutic Bed Market, By Type

5.1.       Introduction

5.2.       Global Therapeutic Bed Sales, Revenue and Market Share by Type (2017-2027)

5.2.1.  Global Therapeutic Bed Sales and Sales Share by Type (2017-2027)

5.2.2.  Global Therapeutic Bed Revenue and Revenue Share by Type (2017-2027)

5.3.       Acute Care

5.3.1.  Global Acute Care Sales and Growth Rate (2017-2027)

5.4.       Critical Care

5.4.1.  Global Critical Care Sales and Growth Rate (2017-2027)

5.5.       Long-term

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

6.       Therapeutic Bed Market, By Product

6.1.       Introduction

6.2.       Global Therapeutic Bed Sales, Revenue and Market Share by Product (2017-2027)

6.2.1.  Global Therapeutic Bed Sales and Sales Share by Product (2017-2027)

6.2.2.  Global Therapeutic Bed Revenue and Revenue Share by Product (2017-2027)

6.3.       Clinical Beds

6.3.1.  Global Clinical Beds Sales and Growth Rate (2017-2027)

6.4.       Household Beds

6.4.1.  Global Household Beds Sales and Growth Rate (2017-2027)

6.5.       Accessories

6.5.1.  Global Accessories Sales and Growth Rate (2017-2027)

7.       Therapeutic Bed Market, By Region

7.1.       Introduction

7.2.       Global Therapeutic Bed Sales, Revenue and Market Share by Regions

7.2.1.  Global Therapeutic Bed Sales by Regions (2017-2027)

7.2.2.  Global Therapeutic Bed Revenue by Regions (2017-2027)

7.3.       North America Therapeutic Bed by Countries

7.3.1.  North America Therapeutic Bed Sales and Growth Rate (2017-2027)

7.3.2.  North America Therapeutic Bed Revenue and Growth Rate (2017-2027)

7.3.3.  North America Therapeutic Bed Sales by Countries (2017-2027)

7.3.4.  North America Therapeutic Bed Revenue (Million USD) by Countries (2017-2027)

7.3.5.  U.S.

7.3.5.1.    United States Therapeutic Bed Sales and Growth Rate (2017-2027)

7.3.5.2.    United States Therapeutic Bed Revenue (Millions USD) and Growth Rate (2017-2027)

7.3.6.  Canada

7.3.6.1.    Canada Therapeutic Bed Sales and Growth Rate (2017-2027)

7.3.6.2.    Canada Therapeutic Bed Sales (Millions USD) and Growth Rate (2017-2027)

7.3.7.  Mexico

7.3.7.1.    Mexico Therapeutic Bed Sales and Growth Rate (2017-2027)

7.3.7.2.    Mexico Therapeutic Bed Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.       Europe Therapeutic Bed by Countries

7.4.1.  Europe Therapeutic Bed Sales and Growth Rate (2017-2027)

7.4.2.  Europe Therapeutic Bed Revenue and Growth Rate (2017-2027)

7.4.3.  Europe Therapeutic Bed Sales by Countries (2017-2027)

7.4.4.  Europe Therapeutic Bed Revenue (Million USD) by Countries (2017-2027)

7.4.5.  Germany

7.4.5.1.    Germany Therapeutic Bed Sales and Growth Rate (2017-2027)

7.4.5.2.    Germany Therapeutic Bed Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.6.  UK

7.4.6.1.    UK Therapeutic Bed Sales and Growth Rate (2017-2027)

7.4.6.2.    UK Therapeutic Bed Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.7.  France

7.4.7.1.    France Therapeutic Bed Sales and Growth Rate (2017-2027)

7.4.7.2.    France Therapeutic Bed Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.8.  Russia

7.4.8.1.    Russia Therapeutic Bed Sales and Growth Rate (2017-2027)

7.4.8.2.    Russia Therapeutic Bed Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.9.  Italy

7.4.9.1.    Italy Therapeutic Bed Sales and Growth Rate (2017-2027)

7.4.9.2.    Italy Therapeutic Bed Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.10.      Rest of Europe

7.4.10.1. Rest of Europe Therapeutic Bed Sales and Growth Rate (2017-2027)

7.4.10.2. Rest of Europe Therapeutic Bed Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.       Asia-Pacific

7.5.1.  Asia-Pacific Therapeutic Bed Sales and Growth Rate (2017-2027)

7.5.2.  Asia-Pacific Therapeutic Bed Revenue and Growth Rate (2017-2027)

7.5.3.  Asia-Pacific Therapeutic Bed Sales by Countries (2017-2027)

7.5.4.  Asia-Pacific Therapeutic Bed Revenue (Million USD) by Countries (2017-2027)

7.5.5.  China

7.5.5.1.    China Therapeutic Bed Sales and Growth Rate (2017-2027)

7.5.5.2.    China Therapeutic Bed Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.6.  Japan

7.5.6.1.    Japan Therapeutic Bed Sales and Growth Rate (2017-2027)

7.5.6.2.    Japan Therapeutic Bed Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.6.3.     

7.5.7.  Korea

7.5.7.1.    Korea Therapeutic Bed Sales and Growth Rate (2017-2027)

7.5.7.2.    Korea Therapeutic Bed Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.8.  India

7.5.8.1.    India Therapeutic Bed Sales and Growth Rate (2017-2027)

7.5.8.2.    India Therapeutic Bed Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.9.  Southeast Asia

7.5.9.1.    Southeast Asia Therapeutic Bed Sales and Growth Rate (2017-2027)

7.5.9.2.    Southeast Asia Therapeutic Bed Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.10.      Rest of Asia-Pacific

7.5.10.1. Rest of Asia-Pacific Therapeutic Bed Sales and Growth Rate (2017-2027)

7.5.10.2. Rest of Asia-Pacific Therapeutic Bed Revenue (Millions USD) and Growth Rate (2017-2027)

7.6.       South America

7.6.1.  South America Therapeutic Bed Sales and Growth Rate (2017-2027)

7.6.2.  South America Therapeutic Bed Revenue and Growth Rate (2017-2027)

7.6.3.  South America Therapeutic Bed Sales by Countries (2017-2027)

7.6.4.  South America Therapeutic Bed Revenue (Million USD) by Countries (2017-2027)

7.6.5.  Brazil

7.6.5.1.    Brazil Therapeutic Bed Sales and Growth Rate (2017-2027)

7.6.5.2.    Brazil Therapeutic Bed Revenue (Millions USD) and Growth Rate (2017-2027)

7.6.6.  Argentina

7.6.6.1.    Argentina Therapeutic Bed Sales and Growth Rate (2017-2027)

7.6.6.2.    Argentina Therapeutic Bed Revenue (Millions USD) and Growth Rate (2017-2027)

7.6.7.  Columbia

7.6.7.1.    Columbia Therapeutic Bed Sales and Growth Rate (2017-2027)

7.6.7.2.    Columbia Therapeutic Bed Revenue (Millions USD) and Growth Rate (2017-2027)

7.6.8.  Rest of South America

7.6.8.1.    Rest of South America Therapeutic Bed Sales and Growth Rate (2017-2027)

7.6.8.2.    Rest of South America Therapeutic Bed Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.       Middle East and Africa

7.7.1.  Middle East and Africa Therapeutic Bed Sales and Growth Rate (2017-2027)

7.7.2.  Middle East and Africa Therapeutic Bed Revenue and Growth Rate (2017-2027)

7.7.3.  Middle East and Africa Therapeutic Bed Sales by Countries (2017-2027)

7.7.4.  Middle East and Africa Therapeutic Bed Revenue (Million USD) by Countries (2017-2027)

7.7.5.  Saudi Arabia

7.7.5.1.    Saudi Arabia Therapeutic Bed Sales and Growth Rate (2017-2027)

7.7.5.2.    Saudi Arabia Therapeutic Bed Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.6.  United Arab Emirates

7.7.6.1.    United Arab Emirates Therapeutic Bed Sales and Growth Rate (2017-2027)

7.7.6.2.    United Arab Emirates Therapeutic Bed Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.7.  Egypt

7.7.7.1.    Egypt Therapeutic Bed Sales and Growth Rate (2017-2027)

7.7.7.2.    Egypt Therapeutic Bed Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.8.  Nigeria

7.7.8.1.    Nigeria Therapeutic Bed Sales and Growth Rate (2017-2027)

7.7.8.2.    Nigeria Therapeutic Bed Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.9.  South Africa

7.7.9.1.    South Africa Therapeutic Bed Sales and Growth Rate (2017-2027)

7.7.9.2.    South Africa Therapeutic Bed 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 Therapeutic Bed Sales and Growth Rate (2017-2027)

7.7.10.2. Rest of Middle East and Africa Therapeutic Bed Revenue (Millions USD) and Growth Rate (2017-2027)

8.       Company Profiles

8.1.       ArjoHuntleigh

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.       Bakare

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.       Invacare Corporation

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.       Hill Rom, Inc.

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.       Stryker Corporation

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.       Gendron, Inc.

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.       Hard Manufacturing Co.

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.       GF Health Products, Inc.

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.       Sunrise Medical

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.    Medline Industries

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 Therapeutic Bed Market Competition, by Manufacturer

9.1.       Global Therapeutic Bed Sales and Market Share by Manufacturer (2017-2017)

9.2.       Global Therapeutic Bed Revenue and Market Share by Manufacturer (2017-2017)

9.3.       Global Therapeutic Bed Price by Manufacturer (2017-2017)

9.4.       Top 5 Therapeutic Bed Manufacturer Market Share

9.5.       Market Competition Trend

10.   Therapeutic Bed Market Forecast (2027-2023)

10.1.    Global Therapeutic Bed Sales, Revenue (Millions USD) and Growth Rate (2027-2023)

10.2.    Therapeutic Bed Market Forecast by Regions (2027-2023)

10.2.1.      North America Therapeutic Bed Market Forecast (2027-2023)

10.2.1.1. United States Therapeutic Bed Market Forecast (2027-2023)

10.2.1.2. Canada Therapeutic Bed Market Forecast (2027-2023)

10.2.1.3. Mexico Therapeutic Bed Market Forecast (2027-2023)

10.2.2.      Europe Therapeutic Bed Market Forecast (2027-2023)

10.2.2.1. Germany Therapeutic Bed Market Forecast (2027-2023)

10.2.2.2. United Kingdom Therapeutic Bed Market Forecast (2027-2023)

10.2.2.3. France Therapeutic Bed Market Forecast (2027-2023)

10.2.2.4. Russia Therapeutic Bed Market Forecast (2027-2023)

10.2.2.5. Italy Therapeutic Bed Market Forecast (2027-2023)

10.2.2.6. Rest of the Europe Therapeutic Bed Market Forecast (2027-2023)

10.2.3.      Asia-Pacific Therapeutic Bed Market Forecast (2027-2023)

10.2.3.1. China Therapeutic Bed Market Forecast (2027-2023)

10.2.3.2. Japan Therapeutic Bed Market Forecast (2027-2023)

10.2.3.3. Korea Therapeutic Bed Market Forecast (2027-2023)

10.2.3.4. India Therapeutic Bed Market Forecast (2027-2023)

10.2.3.5. Southeast Asia Therapeutic Bed Market Forecast (2027-2023)

10.2.3.6. Rest of Asia-Pacific Therapeutic Bed Market Forecast (2027-2023)

10.2.4.      South America Therapeutic Bed Market Forecast (2027-2023)

10.2.4.1. Brazil Therapeutic Bed Market Forecast (2027-2023)

10.2.4.2. Argentina Therapeutic Bed Market Forecast (2027-2023)

10.2.4.3. Columbia Therapeutic Bed Market Forecast (2027-2023)

10.2.4.4. Rest of South America Therapeutic Bed Market Forecast (2027-2023)

10.2.5.      Middle East and Africa Therapeutic Bed Market Forecast (2027-2023)

10.2.5.1. Saudi Arabia Therapeutic Bed Market Forecast (2027-2023)

10.2.5.2. UAE Therapeutic Bed Market Forecast (2027-2023)

10.2.5.3. Egypt Therapeutic Bed Market Forecast (2027-2023)

10.2.5.4. Nigeria Therapeutic Bed Market Forecast (2027-2023)

10.2.5.5. South Africa Therapeutic Bed Market Forecast (2027-2023)

10.2.5.6. Rest of MEA Therapeutic Bed Market Forecast (2027-2023)

10.3.    Therapeutic Bed Market Forecast by Type (2027-2023)

10.3.1.      Global Therapeutic Bed Sales Forecast by Type (2027-2023)

10.3.2.      Global Therapeutic Bed Sales Market Share Forecast by Type (2027-2023)

10.4.    Therapeutic Bed Market Forecast by Product (2027-2023)

10.4.1.      Global Therapeutic Bed Sales Forecast by Product (2027-2023)

10.4.2.      Global Therapeutic Bed 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 Therapeutic Bed 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

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