Ablation Technology Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
An ablation refers to the surgical removal of a body tissue in the form of transferring heat to the target tissue. This process is used to remove tiny or large quantity of tissue. Biological ablation is the removal of biological structure or functionality.
MARKET DYNAMICS
The ablation technology market is anticipated to grow in the market by the advancement of new technologies. In addition, with rising demand for these devices is the key application for the growth of the industry. However, there is less awareness about this new device in the market. Furthermore, it has a superior ability to cut and seal and is rising demand in the forecast period. It has increased demand for minimally invasive surgeries that has the opportunity for market growth.
MARKET SCOPE
The "Ablation Technology Market Analysis to 2031" is a specialized and in-depth study of the medical devices industry with a special focus on the global market trend analysis. The report aims to provide an overview of in ablation technology market with detailed market segmentation by product, type, application and geography. The ablation technology market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading in ablation technology market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The ablation technology market is segmented on the basis of product, type and application. Based on type the market is segmented as radiofrequency ablation, laser/light ablation, ultrasound ablation, electrical ablation, cryoablation, microwave ablation and hydrothermal ablation. On the basis of product the market is categorized as radiofrequency ablators, laser/light ablators, ultrasound ablators, electrical ablators, cryoablation devices, microwave ablators and hydrothermal ablators. On the basis of application the market is categorized as cardiovascular disease treatment, cancer treatment, ophthalmologic treatment, pain management, gynecological treatment, urological treatment, orthopedic treatment, cosmetic/ aesthetic surgery and other treatments.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the in ablation technology market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The ablation technology market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting ablation technology market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the ablation technology market in these regions.
Have a question?
Mrinal
Mrinal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the in ablation technology market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The ablation technology market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting ablation technology market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the ablation technology market in these regions.
MARKET PLAYERS
The report covers key developments in the in ablation technology market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from in ablation technology market are anticipated to have lucrative growth opportunities in the future with the rising demand for in ablation technology market in the global market. Below mentioned is the list of few companies engaged in the Ablation Technology market.
The report also includes the profiles of key in ablation technology market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- AngioDynamics, Inc.
- AtriCure, Inc.
- Biosense Webster, Inc. (Johnson & Johnson Inc.)
- Boston Scientific Corporation
- BTG International Ltd.
- Conmed Corporation
- Medtronic PLC
- Olympus Corporation
- Smith & Nephew
- St. Jude Medical, Inc.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Ablation Technology Market - By Type
1.3.2 Ablation Technology Market - By Product
1.3.3 Ablation Technology Market - By Application
1.3.4 Ablation Technology Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ABLATION TECHNOLOGY MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. ABLATION TECHNOLOGY MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. ABLATION TECHNOLOGY MARKET - GLOBAL MARKET ANALYSIS
6.1. ABLATION TECHNOLOGY - GLOBAL MARKET OVERVIEW
6.2. ABLATION TECHNOLOGY - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ABLATION TECHNOLOGY MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. RADIOFREQUENCY ABLATION
7.3.1. Overview
7.3.2. Radiofrequency Ablation Market Forecast and Analysis
7.4. LASER/LIGHT ABLATION
7.4.1. Overview
7.4.2. Laser/Light Ablation Market Forecast and Analysis
7.5. ULTRASOUND ABLATION
7.5.1. Overview
7.5.2. Ultrasound Ablation Market Forecast and Analysis
7.6. ELECTRICAL ABLATION
7.6.1. Overview
7.6.2. Electrical Ablation Market Forecast and Analysis
7.7. CRYOABLATION
7.7.1. Overview
7.7.2. Cryoablation Market Forecast and Analysis
7.8. MICROWAVE ABLATION
7.8.1. Overview
7.8.2. Microwave Ablation Market Forecast and Analysis
7.9. HYDROTHERMAL ABLATION
7.9.1. Overview
7.9.2. Hydrothermal Ablation Market Forecast and Analysis
8. ABLATION TECHNOLOGY MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
8.1. OVERVIEW
8.2. PRODUCT MARKET FORECASTS AND ANALYSIS
8.3. RADIOFREQUENCY ABLATORS
8.3.1. Overview
8.3.2. Radiofrequency Ablators Market Forecast and Analysis
8.3.3. Temperature-Controlled Radiofrequency Ablators Market
8.3.3.1. Overview
8.3.3.2. Temperature-Controlled Radiofrequency Ablators Market Forecast and Analysis
8.3.4. Fluid-Cooled Radiofrequency Ablators Market
8.3.4.1. Overview
8.3.4.2. Fluid-Cooled Radiofrequency Ablators Market Forecast and Analysis
8.3.5. Robotic Catheter Manipulation Systems Market
8.3.5.1. Overview
8.3.5.2. Robotic Catheter Manipulation Systems Market Forecast and Analysis
8.4. LASER/LIGHT ABLATORS
8.4.1. Overview
8.4.2. Laser/Light Ablators Market Forecast and Analysis
8.4.3. Excimer Laser Ablators Market
8.4.3.1. Overview
8.4.3.2. Excimer Laser Ablators Market Forecast and Analysis
8.4.4. Cold Laser Ablators Market
8.4.4.1. Overview
8.4.4.2. Cold Laser Ablators Market Forecast and Analysis
8.5. ULTRASOUND ABLATORS
8.5.1. Overview
8.5.2. Ultrasound Ablators Market Forecast and Analysis
8.5.3. Ultrasonic Surgical Ablation Systems Market
8.5.3.1. Overview
8.5.3.2. Ultrasonic Surgical Ablation Systems Market Forecast and Analysis
8.5.4. High-Intensity Focused Ultrasound (HIFU) Ablators Market
8.5.4.1. Overview
8.5.4.2. High-Intensity Focused Ultrasound (HIFU) Ablators Market Forecast and Analysis
8.5.5. Extracorporeal Shockwave Lithotripsy (ESWL) Systems Market
8.5.5.1. Overview
8.5.5.2. Extracorporeal Shockwave Lithotripsy (ESWL) Systems Market Forecast and Analysis
8.5.6. Magnetic Resonance-Guided Focused Ultrasound (MRGFUS) Ablators Market
8.5.6.1. Overview
8.5.6.2. Magnetic Resonance-Guided Focused Ultrasound (MRGFUS) Ablators Market Forecast and Analysis
8.6. ELECTRICAL ABLATORS
8.6.1. Overview
8.6.2. Electrical Ablators Market Forecast and Analysis
8.6.3. Argon Plasma/Beam Coagulators Market
8.6.3.1. Overview
8.6.3.2. Argon Plasma/Beam Coagulators Market Forecast and Analysis
8.6.4. Irreversible Electroporation Ablators Market
8.6.4.1. Overview
8.6.4.2. Irreversible Electroporation Ablators Market Forecast and Analysis
8.7. CRYOABLATION DEVICES
8.7.1. Overview
8.7.2. Cryoablation Devices Market Forecast and Analysis
8.7.3. Tissue Contact Probes Market
8.7.3.1. Overview
8.7.3.2. Tissue Contact Probes Market Forecast and Analysis
8.7.4. Tissue Spray Probes Market
8.7.4.1. Overview
8.7.4.2. Tissue Spray Probes Market Forecast and Analysis
8.7.5. Epidermal and Subcutaneous Cryoablation Devices Market
8.7.5.1. Overview
8.7.5.2. Epidermal and Subcutaneous Cryoablation Devices Market Forecast and Analysis
8.8. MICROWAVE ABLATORS
8.8.1. Overview
8.8.2. Microwave Ablators Market Forecast and Analysis
8.8.3. Microwave Thermotherapy Devices Market
8.8.3.1. Overview
8.8.3.2. Microwave Thermotherapy Devices Market Forecast and Analysis
8.9. HYDROTHERMAL ABLATORS
8.9.1. Overview
8.9.2. Hydrothermal Ablators Market Forecast and Analysis
8.9.3. Endometrial Hydrothermal Balloon Ablation Devices Market
8.9.3.1. Overview
8.9.3.2. Endometrial Hydrothermal Balloon Ablation Devices Market Forecast and Analysis
9. ABLATION TECHNOLOGY MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. CARDIOVASCULAR DISEASE TREATMENT
9.3.1. Overview
9.3.2. Cardiovascular Disease Treatment Market Forecast and Analysis
9.4. CANCER TREATMENT
9.4.1. Overview
9.4.2. Cancer Treatment Market Forecast and Analysis
9.4.3. Liver Cancer Market
9.4.3.1. Overview
9.4.3.2. Liver Cancer Market Forecast and Analysis
9.4.4. Kidney Cancer Market
9.4.4.1. Overview
9.4.4.2. Kidney Cancer Market Forecast and Analysis
9.4.5. Prostate Cancer Market
9.4.5.1. Overview
9.4.5.2. Prostate Cancer Market Forecast and Analysis
9.4.6. Lung Cancer Market
9.4.6.1. Overview
9.4.6.2. Lung Cancer Market Forecast and Analysis
9.4.7. Bone Metastasis Market
9.4.7.1. Overview
9.4.7.2. Bone Metastasis Market Forecast and Analysis
9.4.8. Breast Cancer Market
9.4.8.1. Overview
9.4.8.2. Breast Cancer Market Forecast and Analysis
9.5. OPHTHALMOLOGIC TREATMENT
9.5.1. Overview
9.5.2. Ophthalmologic Treatment Market Forecast and Analysis
9.6. PAIN MANAGEMENT
9.6.1. Overview
9.6.2. Pain Management Market Forecast and Analysis
9.7. GYNECOLOGICAL TREATMENT
9.7.1. Overview
9.7.2. Gynecological Treatment Market Forecast and Analysis
9.8. UROLOGICAL TREATMENT
9.8.1. Overview
9.8.2. Urological Treatment Market Forecast and Analysis
9.9. ORTHOPEDIC TREATMENT
9.9.1. Overview
9.9.2. Orthopedic Treatment Market Forecast and Analysis
9.10. COSMETIC/ AESTHETIC SURGERY
9.10.1. Overview
9.10.2. Cosmetic/ Aesthetic Surgery Market Forecast and Analysis
9.11. OTHER TREATMENTS
9.11.1. Overview
9.11.2. Other Treatments Market Forecast and Analysis
10. ABLATION TECHNOLOGY MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Ablation Technology Market Overview
10.1.2 North America Ablation Technology Market Forecasts and Analysis
10.1.3 North America Ablation Technology Market Forecasts and Analysis - By Type
10.1.4 North America Ablation Technology Market Forecasts and Analysis - By Product
10.1.5 North America Ablation Technology Market Forecasts and Analysis - By Application
10.1.6 North America Ablation Technology Market Forecasts and Analysis - By Countries
10.1.6.1 United States Ablation Technology Market
10.1.6.1.1 United States Ablation Technology Market by Type
10.1.6.1.2 United States Ablation Technology Market by Product
10.1.6.1.3 United States Ablation Technology Market by Application
10.1.6.2 Canada Ablation Technology Market
10.1.6.2.1 Canada Ablation Technology Market by Type
10.1.6.2.2 Canada Ablation Technology Market by Product
10.1.6.2.3 Canada Ablation Technology Market by Application
10.1.6.3 Mexico Ablation Technology Market
10.1.6.3.1 Mexico Ablation Technology Market by Type
10.1.6.3.2 Mexico Ablation Technology Market by Product
10.1.6.3.3 Mexico Ablation Technology Market by Application
10.2. EUROPE
10.2.1 Europe Ablation Technology Market Overview
10.2.2 Europe Ablation Technology Market Forecasts and Analysis
10.2.3 Europe Ablation Technology Market Forecasts and Analysis - By Type
10.2.4 Europe Ablation Technology Market Forecasts and Analysis - By Product
10.2.5 Europe Ablation Technology Market Forecasts and Analysis - By Application
10.2.6 Europe Ablation Technology Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Ablation Technology Market
10.2.6.1.1 Germany Ablation Technology Market by Type
10.2.6.1.2 Germany Ablation Technology Market by Product
10.2.6.1.3 Germany Ablation Technology Market by Application
10.2.6.2 France Ablation Technology Market
10.2.6.2.1 France Ablation Technology Market by Type
10.2.6.2.2 France Ablation Technology Market by Product
10.2.6.2.3 France Ablation Technology Market by Application
10.2.6.3 Italy Ablation Technology Market
10.2.6.3.1 Italy Ablation Technology Market by Type
10.2.6.3.2 Italy Ablation Technology Market by Product
10.2.6.3.3 Italy Ablation Technology Market by Application
10.2.6.4 Spain Ablation Technology Market
10.2.6.4.1 Spain Ablation Technology Market by Type
10.2.6.4.2 Spain Ablation Technology Market by Product
10.2.6.4.3 Spain Ablation Technology Market by Application
10.2.6.5 United Kingdom Ablation Technology Market
10.2.6.5.1 United Kingdom Ablation Technology Market by Type
10.2.6.5.2 United Kingdom Ablation Technology Market by Product
10.2.6.5.3 United Kingdom Ablation Technology Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Ablation Technology Market Overview
10.3.2 Asia-Pacific Ablation Technology Market Forecasts and Analysis
10.3.3 Asia-Pacific Ablation Technology Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Ablation Technology Market Forecasts and Analysis - By Product
10.3.5 Asia-Pacific Ablation Technology Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Ablation Technology Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Ablation Technology Market
10.3.6.1.1 Australia Ablation Technology Market by Type
10.3.6.1.2 Australia Ablation Technology Market by Product
10.3.6.1.3 Australia Ablation Technology Market by Application
10.3.6.2 China Ablation Technology Market
10.3.6.2.1 China Ablation Technology Market by Type
10.3.6.2.2 China Ablation Technology Market by Product
10.3.6.2.3 China Ablation Technology Market by Application
10.3.6.3 India Ablation Technology Market
10.3.6.3.1 India Ablation Technology Market by Type
10.3.6.3.2 India Ablation Technology Market by Product
10.3.6.3.3 India Ablation Technology Market by Application
10.3.6.4 Japan Ablation Technology Market
10.3.6.4.1 Japan Ablation Technology Market by Type
10.3.6.4.2 Japan Ablation Technology Market by Product
10.3.6.4.3 Japan Ablation Technology Market by Application
10.3.6.5 South Korea Ablation Technology Market
10.3.6.5.1 South Korea Ablation Technology Market by Type
10.3.6.5.2 South Korea Ablation Technology Market by Product
10.3.6.5.3 South Korea Ablation Technology Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Ablation Technology Market Overview
10.4.2 Middle East and Africa Ablation Technology Market Forecasts and Analysis
10.4.3 Middle East and Africa Ablation Technology Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Ablation Technology Market Forecasts and Analysis - By Product
10.4.5 Middle East and Africa Ablation Technology Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Ablation Technology Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Ablation Technology Market
10.4.6.1.1 South Africa Ablation Technology Market by Type
10.4.6.1.2 South Africa Ablation Technology Market by Product
10.4.6.1.3 South Africa Ablation Technology Market by Application
10.4.6.2 Saudi Arabia Ablation Technology Market
10.4.6.2.1 Saudi Arabia Ablation Technology Market by Type
10.4.6.2.2 Saudi Arabia Ablation Technology Market by Product
10.4.6.2.3 Saudi Arabia Ablation Technology Market by Application
10.4.6.3 U.A.E Ablation Technology Market
10.4.6.3.1 U.A.E Ablation Technology Market by Type
10.4.6.3.2 U.A.E Ablation Technology Market by Product
10.4.6.3.3 U.A.E Ablation Technology Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Ablation Technology Market Overview
10.5.2 South and Central America Ablation Technology Market Forecasts and Analysis
10.5.3 South and Central America Ablation Technology Market Forecasts and Analysis - By Type
10.5.4 South and Central America Ablation Technology Market Forecasts and Analysis - By Product
10.5.5 South and Central America Ablation Technology Market Forecasts and Analysis - By Application
10.5.6 South and Central America Ablation Technology Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Ablation Technology Market
10.5.6.1.1 Brazil Ablation Technology Market by Type
10.5.6.1.2 Brazil Ablation Technology Market by Product
10.5.6.1.3 Brazil Ablation Technology Market by Application
10.5.6.2 Argentina Ablation Technology Market
10.5.6.2.1 Argentina Ablation Technology Market by Type
10.5.6.2.2 Argentina Ablation Technology Market by Product
10.5.6.2.3 Argentina Ablation Technology Market by Application
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. ABLATION TECHNOLOGY MARKET, KEY COMPANY PROFILES
12.1. ANGIODYNAMICS, INC.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. ATRICURE, INC.
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. BIOSENSE WEBSTER, INC. (JOHNSON AND JOHNSON INC.)
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. BOSTON SCIENTIFIC CORPORATION
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. BTG INTERNATIONAL LTD.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. CONMED CORPORATION
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. MEDTRONIC PLC
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. OLYMPUS CORPORATION
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. SMITH AND NEPHEW
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. ST. JUDE MEDICAL, INC.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. AngioDynamics, Inc.
2. AtriCure, Inc.
3. Biosense Webster, Inc. (Johnson & Johnson Inc.)
4. Boston Scientific Corporation
5. BTG International Ltd.
6. Conmed Corporation
7. Medtronic PLC
8. Olympus Corporation
9. Smith & Nephew
10. St. Jude Medical, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For