Anti-snoring Devices And Snoring Surgery Market Strategies and Share 2031
Snoring is caused by a partial obstruction in the airway. During sleep, muscles in the soft palate, throat and tongue relax. If those muscles relax too much, they can fall into the back of throat and partially obstruct the airway. The air passing through the airway causes those relaxed soft tissues to vibrate. This vibration creates the harsh, buzzing sound made during snoring. Fortunately, there are devices that can help to alleviate the snoring effectively.
MARKET SCOPE
The "Global Anti-Snoring Devices and Snoring Surgery Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the anti-snoring devices and snoring surgery market with detailed market segmentation by product, surgical procedures, and geography. The report provides key statistics on the market status of the leading anti-snoring devices and snoring surgery market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on product, the market is segmented as oral appliances/mouthpieces, nasal devices, chin straps, position control devices, expiratory positive airway pressure (EPAP) therapy devices, and continuous positive airway pressure (CPAP) devices.
- Based on surgical procedures, the market is segmented as uvulopalatopharyngoplasty (UPPP), laser-assisted uvulopalatoplasty (LAUP), radiofrequency ablation (somnoplasty), palatal stiffening procedures, pillar procedure, and others.
MARKET DYNAMICS
Drivers:
- Increasing number of geriatric and obese population, changing lifestyle of population and advancements in anti-snoring devices are expected to drive the market of anti-snoring devices and snoring surgery during the coming years.
- Improving healthcare systems in emerging markets are expected to provide opportunity for the growth of anti-snoring devices and snoring surgery market during the forecast period.
Restraints
- Poor efficacy of current anti-snoring treatments available in the market and high cost of some of the snoring surgery procedures will impede the growth of this market.
- Additionally, lack of reimbursement is major factors restraining the growth of anti-snoring devices and snoring surgery market
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The anti-snoring devices and snoring surgery market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the 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 America after evaluating political, economic, social and technological factors affecting the anti-snoring devices and snoring surgery market in these regions.
IMPACT OF COVID-19 ON ANTI-SNORING DEVICES AND SNORING SURGERY MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Rising support from governments and several organizations can help in the battle against this highly contagious disease. Some industries are fighting, and some are growing. Overall, almost every sector is supposed to be influenced by the pandemic. However, amidst this pandemic situation, the requirement for CPAP machines and masks is demanded to rise since CPAP devices have shown advantageous effects on managing the symptoms of COVID-19, such as ease of breathing. As per research titled, ''CPAP management of COVID-19 respiratory failure: a first quantitative investigation from an inpatient service evaluation'', in 2021, CPAP was a potential tool in treating early-stage COVID-19 patients.
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- 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 an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The anti-snoring devices and snoring surgery market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the 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 America after evaluating political, economic, social and technological factors affecting the anti-snoring devices and snoring surgery market in these regions.
IMPACT OF COVID-19 ON ANTI-SNORING DEVICES AND SNORING SURGERY MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Rising support from governments and several organizations can help in the battle against this highly contagious disease. Some industries are fighting, and some are growing. Overall, almost every sector is supposed to be influenced by the pandemic. However, amidst this pandemic situation, the requirement for CPAP machines and masks is demanded to rise since CPAP devices have shown advantageous effects on managing the symptoms of COVID-19, such as ease of breathing. As per research titled, ''CPAP management of COVID-19 respiratory failure: a first quantitative investigation from an inpatient service evaluation'', in 2021, CPAP was a potential tool in treating early-stage COVID-19 patients.
MARKET PLAYERS
The report covers key developments in the anti-snoring devices and snoring surgery 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 activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from anti-snoring devices and snoring surgery market are anticipated to lucrative growth opportunities in the future with the rising demand for anti-snoring devices and snoring surgery in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the anti-snoring devices and snoring surgery market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Sleeping Well, LLC
- Apnea Sciences
- The Pure Sleep Company
- SomnoMed
- Airway Management
- Foundation Consumer Healthcare
- Tomed GmbH
- GlaxoSmithKline plc
- Koninklijke Philips N.V.
- General Electric Company
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer 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 Anti-snoring Devices And Snoring Surgery Market - By Product
1.3.2 Anti-snoring Devices And Snoring Surgery Market - By Surgical Procedures
1.3.3 Anti-snoring Devices And Snoring Surgery Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ANTI-SNORING DEVICES AND SNORING SURGERY 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. ANTI-SNORING DEVICES AND SNORING SURGERY 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 AND RESTRAINTS
6. ANTI-SNORING DEVICES AND SNORING SURGERY MARKET - GLOBAL MARKET ANALYSIS
6.1. ANTI-SNORING DEVICES AND SNORING SURGERY - GLOBAL MARKET OVERVIEW
6.2. ANTI-SNORING DEVICES AND SNORING SURGERY - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. ANTI-SNORING DEVICES AND SNORING SURGERY MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. ORAL APPLIANCES/MOUTHPIECES
7.3.1. Overview
7.3.2. Oral Appliances/Mouthpieces Market Forecast and Analysis
7.4. NASAL DEVICES
7.4.1. Overview
7.4.2. Nasal Devices Market Forecast and Analysis
7.5. CHIN STRAPS
7.5.1. Overview
7.5.2. Chin Straps Market Forecast and Analysis
7.6. POSITION CONTROL DEVICES
7.6.1. Overview
7.6.2. Position Control Devices Market Forecast and Analysis
7.7. EXPIRATORY POSITIVE AIRWAY PRESSURE (EPAP) THERAPY DEVICES
7.7.1. Overview
7.7.2. Expiratory Positive Airway Pressure (EPAP) Therapy Devices Market Forecast and Analysis
7.8. CONTINUOUS POSITIVE AIRWAY PRESSURE (CPAP) DEVICES
7.8.1. Overview
7.8.2. Continuous Positive Airway Pressure (CPAP) Devices Market Forecast and Analysis
8. ANTI-SNORING DEVICES AND SNORING SURGERY MARKET - REVENUE AND FORECASTS TO 2028 - SURGICAL PROCEDURES
8.1. OVERVIEW
8.2. SURGICAL PROCEDURES MARKET FORECASTS AND ANALYSIS
8.3. UVULOPALATOPHARYNGOPLASTY (UPPP)
8.3.1. Overview
8.3.2. Uvulopalatopharyngoplasty (UPPP) Market Forecast and Analysis
8.4. LASER-ASSISTED UVULOPALATOPLASTY (LAUP)
8.4.1. Overview
8.4.2. Laser-Assisted Uvulopalatoplasty (LAUP) Market Forecast and Analysis
8.5. RADIOFREQUENCY ABLATION (SOMNOPLASTY)
8.5.1. Overview
8.5.2. Radiofrequency Ablation (Somnoplasty) Market Forecast and Analysis
8.6. PALATAL STIFFENING PROCEDURES
8.6.1. Overview
8.6.2. Palatal Stiffening Procedures Market Forecast and Analysis
8.7. PILLAR PROCEDURE
8.7.1. Overview
8.7.2. Pillar Procedure Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. ANTI-SNORING DEVICES AND SNORING SURGERY MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Anti-snoring Devices And Snoring Surgery Market Overview
9.1.2 North America Anti-snoring Devices And Snoring Surgery Market Forecasts and Analysis
9.1.3 North America Anti-snoring Devices And Snoring Surgery Market Forecasts and Analysis - By Product
9.1.4 North America Anti-snoring Devices And Snoring Surgery Market Forecasts and Analysis - By Surgical Procedures
9.1.5 North America Anti-snoring Devices And Snoring Surgery Market Forecasts and Analysis - By Countries
9.1.5.1 United States Anti-snoring Devices And Snoring Surgery Market
9.1.5.1.1 United States Anti-snoring Devices And Snoring Surgery Market by Product
9.1.5.1.2 United States Anti-snoring Devices And Snoring Surgery Market by Surgical Procedures
9.1.5.2 Canada Anti-snoring Devices And Snoring Surgery Market
9.1.5.2.1 Canada Anti-snoring Devices And Snoring Surgery Market by Product
9.1.5.2.2 Canada Anti-snoring Devices And Snoring Surgery Market by Surgical Procedures
9.1.5.3 Mexico Anti-snoring Devices And Snoring Surgery Market
9.1.5.3.1 Mexico Anti-snoring Devices And Snoring Surgery Market by Product
9.1.5.3.2 Mexico Anti-snoring Devices And Snoring Surgery Market by Surgical Procedures
9.2. EUROPE
9.2.1 Europe Anti-snoring Devices And Snoring Surgery Market Overview
9.2.2 Europe Anti-snoring Devices And Snoring Surgery Market Forecasts and Analysis
9.2.3 Europe Anti-snoring Devices And Snoring Surgery Market Forecasts and Analysis - By Product
9.2.4 Europe Anti-snoring Devices And Snoring Surgery Market Forecasts and Analysis - By Surgical Procedures
9.2.5 Europe Anti-snoring Devices And Snoring Surgery Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Anti-snoring Devices And Snoring Surgery Market
9.2.5.1.1 Germany Anti-snoring Devices And Snoring Surgery Market by Product
9.2.5.1.2 Germany Anti-snoring Devices And Snoring Surgery Market by Surgical Procedures
9.2.5.2 France Anti-snoring Devices And Snoring Surgery Market
9.2.5.2.1 France Anti-snoring Devices And Snoring Surgery Market by Product
9.2.5.2.2 France Anti-snoring Devices And Snoring Surgery Market by Surgical Procedures
9.2.5.3 Italy Anti-snoring Devices And Snoring Surgery Market
9.2.5.3.1 Italy Anti-snoring Devices And Snoring Surgery Market by Product
9.2.5.3.2 Italy Anti-snoring Devices And Snoring Surgery Market by Surgical Procedures
9.2.5.4 Spain Anti-snoring Devices And Snoring Surgery Market
9.2.5.4.1 Spain Anti-snoring Devices And Snoring Surgery Market by Product
9.2.5.4.2 Spain Anti-snoring Devices And Snoring Surgery Market by Surgical Procedures
9.2.5.5 United Kingdom Anti-snoring Devices And Snoring Surgery Market
9.2.5.5.1 United Kingdom Anti-snoring Devices And Snoring Surgery Market by Product
9.2.5.5.2 United Kingdom Anti-snoring Devices And Snoring Surgery Market by Surgical Procedures
9.2.5.6 Rest of Europe Anti-snoring Devices And Snoring Surgery Market
9.2.5.6.1 Rest of Europe Anti-snoring Devices And Snoring Surgery Market by Product
9.2.5.6.2 Rest of Europe Anti-snoring Devices And Snoring Surgery Market by Surgical Procedures
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Anti-snoring Devices And Snoring Surgery Market Overview
9.3.2 Asia-Pacific Anti-snoring Devices And Snoring Surgery Market Forecasts and Analysis
9.3.3 Asia-Pacific Anti-snoring Devices And Snoring Surgery Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Anti-snoring Devices And Snoring Surgery Market Forecasts and Analysis - By Surgical Procedures
9.3.5 Asia-Pacific Anti-snoring Devices And Snoring Surgery Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Anti-snoring Devices And Snoring Surgery Market
9.3.5.1.1 Australia Anti-snoring Devices And Snoring Surgery Market by Product
9.3.5.1.2 Australia Anti-snoring Devices And Snoring Surgery Market by Surgical Procedures
9.3.5.2 China Anti-snoring Devices And Snoring Surgery Market
9.3.5.2.1 China Anti-snoring Devices And Snoring Surgery Market by Product
9.3.5.2.2 China Anti-snoring Devices And Snoring Surgery Market by Surgical Procedures
9.3.5.3 India Anti-snoring Devices And Snoring Surgery Market
9.3.5.3.1 India Anti-snoring Devices And Snoring Surgery Market by Product
9.3.5.3.2 India Anti-snoring Devices And Snoring Surgery Market by Surgical Procedures
9.3.5.4 Japan Anti-snoring Devices And Snoring Surgery Market
9.3.5.4.1 Japan Anti-snoring Devices And Snoring Surgery Market by Product
9.3.5.4.2 Japan Anti-snoring Devices And Snoring Surgery Market by Surgical Procedures
9.3.5.5 South Korea Anti-snoring Devices And Snoring Surgery Market
9.3.5.5.1 South Korea Anti-snoring Devices And Snoring Surgery Market by Product
9.3.5.5.2 South Korea Anti-snoring Devices And Snoring Surgery Market by Surgical Procedures
9.3.5.6 Rest of Asia-Pacific Anti-snoring Devices And Snoring Surgery Market
9.3.5.6.1 Rest of Asia-Pacific Anti-snoring Devices And Snoring Surgery Market by Product
9.3.5.6.2 Rest of Asia-Pacific Anti-snoring Devices And Snoring Surgery Market by Surgical Procedures
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Anti-snoring Devices And Snoring Surgery Market Overview
9.4.2 Middle East and Africa Anti-snoring Devices And Snoring Surgery Market Forecasts and Analysis
9.4.3 Middle East and Africa Anti-snoring Devices And Snoring Surgery Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Anti-snoring Devices And Snoring Surgery Market Forecasts and Analysis - By Surgical Procedures
9.4.5 Middle East and Africa Anti-snoring Devices And Snoring Surgery Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Anti-snoring Devices And Snoring Surgery Market
9.4.5.1.1 South Africa Anti-snoring Devices And Snoring Surgery Market by Product
9.4.5.1.2 South Africa Anti-snoring Devices And Snoring Surgery Market by Surgical Procedures
9.4.5.2 Saudi Arabia Anti-snoring Devices And Snoring Surgery Market
9.4.5.2.1 Saudi Arabia Anti-snoring Devices And Snoring Surgery Market by Product
9.4.5.2.2 Saudi Arabia Anti-snoring Devices And Snoring Surgery Market by Surgical Procedures
9.4.5.3 U.A.E Anti-snoring Devices And Snoring Surgery Market
9.4.5.3.1 U.A.E Anti-snoring Devices And Snoring Surgery Market by Product
9.4.5.3.2 U.A.E Anti-snoring Devices And Snoring Surgery Market by Surgical Procedures
9.4.5.4 Rest of Middle East and Africa Anti-snoring Devices And Snoring Surgery Market
9.4.5.4.1 Rest of Middle East and Africa Anti-snoring Devices And Snoring Surgery Market by Product
9.4.5.4.2 Rest of Middle East and Africa Anti-snoring Devices And Snoring Surgery Market by Surgical Procedures
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Anti-snoring Devices And Snoring Surgery Market Overview
9.5.2 South and Central America Anti-snoring Devices And Snoring Surgery Market Forecasts and Analysis
9.5.3 South and Central America Anti-snoring Devices And Snoring Surgery Market Forecasts and Analysis - By Product
9.5.4 South and Central America Anti-snoring Devices And Snoring Surgery Market Forecasts and Analysis - By Surgical Procedures
9.5.5 South and Central America Anti-snoring Devices And Snoring Surgery Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Anti-snoring Devices And Snoring Surgery Market
9.5.5.1.1 Brazil Anti-snoring Devices And Snoring Surgery Market by Product
9.5.5.1.2 Brazil Anti-snoring Devices And Snoring Surgery Market by Surgical Procedures
9.5.5.2 Argentina Anti-snoring Devices And Snoring Surgery Market
9.5.5.2.1 Argentina Anti-snoring Devices And Snoring Surgery Market by Product
9.5.5.2.2 Argentina Anti-snoring Devices And Snoring Surgery Market by Surgical Procedures
9.5.5.3 Rest of South and Central America Anti-snoring Devices And Snoring Surgery Market
9.5.5.3.1 Rest of South and Central America Anti-snoring Devices And Snoring Surgery Market by Product
9.5.5.3.2 Rest of South and Central America Anti-snoring Devices And Snoring Surgery Market by Surgical Procedures
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL ANTI-SNORING DEVICES AND SNORING SURGERY MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Middle East and Africa
10.5 South and Central America
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. ANTI-SNORING DEVICES AND SNORING SURGERY MARKET, KEY COMPANY PROFILES
12.1. SLEEPING WELL, LLC
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. APNEA SCIENCES
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. THE PURE SLEEP COMPANY
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. SOMNOMED
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. AIRWAY MANAGEMENT
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. FOUNDATION CONSUMER HEALTHCARE
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. TOMED GMBH
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. GLAXOSMITHKLINE PLC
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. KONINKLIJKE PHILIPS N.V
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. GENERAL ELECTRIC COMPANY
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. Sleeping Well, LLC
2. Apnea Sciences
3. The Pure Sleep Company
4. SomnoMed
5. Airway Management
6. Foundation Consumer Healthcare
7. Tomed GmbH
8. GlaxoSmithKline plc
9. Koninklijke Philips N.V.
10. General Electric Company
11. Theravent, Inc.
12. Meditas Ltd.
13. Smith & Nephew PLC
14. Siora Surgicals Pvt. Ltd.
15. Rotech Healthcare 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.
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