Doppler Ultrasound Market Size (2021-2031) and Growth
The Doppler Ultrasound Market is expected to register a CAGR of 3.6% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX million by 2031.
The report is segmented by Doppler Ultrasound Market By Portability (Handled and Trolley Based); Application (Obstetrics & Gynecology, Radiology, Cardiac, Musculoskeletal and Others), End User (Hospitals & Clinics, Ambulatory Surgical Centers, Diagnostic Centers, and Others) , and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Doppler Ultrasound Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Doppler Ultrasound Market Segmentation
By Portability- Handled and Trolley Based
- Obstetrics & Gynecology
- Radiology
- Cardiac
- Musculoskeletal and Others
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Diagnostic Centers
- Others
Strategic Insights
Doppler Ultrasound Market Growth Drivers- Rising Incidence of Cardiovascular Diseases: The need for doppler ultrasound is mostly driven by the rising prevalence of diseases like atherosclerosis. In the United States, atherectomy procedures total more than 190,000, and this figure is projected to increase as the population ages and lifestyle-related health problems grow more common.
- Increasing applications in Cardiology:Applications in cardiology are receiving more attention since Doppler ultrasonography is essential for diagnosing cardiovascular disorders, which are becoming more prevalent worldwide. The cardiology area is likely to see significant expansion due to the increased frequency of illnesses including heart failure and hypertension.
- Growing Healthcare Expenditure -The market is growing as a result of diagnostic center expansion, with projects like the opening of new community diagnostic centers expanding access to Doppler ultrasound services. By 2025, for instance, the UK government intends to open 160 additional centers.
- Technological Advancements: Especially in small veins and organs with low blood flow, this approach enhances the detection of low-velocity blood flow. Because it shows the intensity of blood flow signals, it produces more comprehensive images and is particularly helpful for evaluating vascular function and perfusion in obstetric care, among other applications.
- Customized Products: Both PWD and CWD modes are integrated into newer systems. PWD enables accurate blood flow localization, which is appropriate for small arteries, whereas CWD is useful in determining high-velocity blood flow in bigger channels, which helps diagnose congenital abnormalities and valvular heart disease.
- 3D Doppler - Through the use of several 2D images combined into a three-dimensional representation, this method enhances the viewing of fetal heart chamber blood flow and cardiac structure. The incorporation of real-time imaging (4D) enhances assessments during procedures by enabling clinicians to witness dynamic motions.
- Introduction of Artificial Intelligence Technology: Doppler ultrasound systems are increasingly integrating AI to improve image quality and aid in interpretation. Artificial intelligence (AI) systems can offer real-time diagnostic assistance, enhancing ultrasound imaging's efficiency and accuracy.Such a factor has aided the overall market growth in the recent past and is expected to continue a similar trend during the forecast period.
- Portable Devices: The advancement of Doppler instruments that are portable and handheld is transforming the accessibility of diagnostic imaging. These devices are tiny, inexpensive, and can be utilized at the bedside or in remote locations, making them particularly beneficial in emergency circumstances and for home healthcare
- Wireless Technologies:Technology advancements like wireless vascular Doppler devices improve user control and dependability during evaluations by enabling continuous monitoring without the limitations of cords. Devices such as VascuChek, for instance, provide cordless accessibility for intraoperative assessments.Such a factor has aided the overall market growth in the recent past and is expected to continue a similar trend during the forecast period.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Doppler Ultrasound Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Doppler Ultrasound Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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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
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to country scope.
Frequently Asked Questions
Hospitals & Clinics segment accounted for the largest share in 2023 and is expected to retain its dominance during the forecast period
Introduction of Artificial Intelligence Technology
North America held the largest share in 2023 and is expected to retain its dominance during the forecast period
Rising Prevalence of Cardiovascular Diseases
The Doppler Ultrasound Market is estimated to witness a CAGR of 3.6% from 2023 to 2031
In Europe, the UK held the second largest share in 2023.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1. Doppler Ultrasound Market - By Portability
1.3.2. Doppler Ultrasound Market - By Application
1.3.3. Doppler Ultrasound Market - By End User
1.3.4. Doppler Ultrasound Market - By Region
1.3.4.1. By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. DOPPLER ULTRASOUND MARKET LANDSCAPE
4.1. MARKET 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 & Africa - PEST Analysis
4.2.5. South and Central America - PEST Analysis
5. DOPPLER ULTRASOUND MARKET- KEY INDUSTRY 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. DOPPLER ULTRASOUND MARKET- GLOBAL ANALYSIS
6.1. DOPPLER ULTRASOUND MARKET - GLOBAL MARKET OVERVIEW
6.2. DOPPLER ULTRASOUND MARKET - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/ MARKET SHARE OF KEY PLAYERS
7. DOPPLER ULTRASOUND MARKET REVENUE AND FORECASTS TO 2028 - BY PORTABILITY
7.1. OVERVIEW
7.2. PORTABILITY MARKET REVENUE AND FORECASTS ANALYSIS (US$ MN)
7.3. HANDLED MARKET
7.3.1. Overview
7.3.2. Handled Market Revenue Forecasts and Analysis (US$ Mn)
7.4. TROLLEY BASED MARKET
7.4.1. Overview
7.4.2. Trolley Based Market Revenue Forecasts and Analysis (US$ Mn)
7.4.2.1.
8. DOPPLER ULTRASOUND MARKET REVENUE AND FORECASTS TO 2028 - BY END USER
8.1. OVERVIEW
8.2. END USER MARKET REVENUE AND FORECASTS ANALYSIS (US$ MN)
8.3. HOSPITALS MARKET
8.3.1. Overview
8.3.2. Hospitals Market Revenue Forecasts and Analysis (Us$ Mn)
8.4. AMBULATORY SURGICAL CENTERS MARKET
8.4.1. Overview
8.4.2. Ambulatory Surgical Centers Market Revenue Forecasts and Analysis (Us$ Mn)
8.5. OTHER END USERS MARKET
8.5.1. Overview
8.5.2. Other End Users Market Revenue Forecasts and Analysis (Us$ Mn)
9. DOPPLER ULTRASOUND MARKET REVENUE AND FORECASTS TO 2028 - BY APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET REVENUE AND FORECASTS ANALYSIS (US$ MN)
9.3. OBSTETRICS & GYNECOLOGY MARKET
9.3.1. Overview
9.3.2. Obstetrics & Gynaecology Market Revenue Forecasts and Analysis (US$ Mn)
9.4. RADIOLOGY MARKET
9.4.1. Overview
9.4.2. Radiology Market Revenue Forecasts and Analysis (US$ Mn)
9.5. CARDIAC MARKET
9.5.1. Overview
9.5.2. Cardiac Market Revenue Forecasts and Analysis (US$ Mn)
9.6. MUSCULOSKELETAL MARKET
9.6.1. Overview
9.6.2. Musculoskeletal Market Revenue Forecasts and Analysis (US$ Mn)
9.7. OTHERS MARKET
9.7.1. Overview
9.7.2. Others Market Revenue Forecasts and Analysis (US$ Mn)
10. DOPPLER ULTRASOUND MARKET REVENUE AND FORECASTS TO 2028 - BY END USER
10.1. OVERVIEW
10.2. END USER MARKET REVENUE AND FORECASTS ANALYSIS (US$ MN)
10.3. HOSPITALS & CLINICS MARKET
10.3.1. Overview
10.3.2. Hospitals & Clinics Market Revenue Forecasts and Analysis (US$ Mn)
10.4. AMBULATORY SURGICAL CENTERS MARKET
10.4.1. Overview
10.4.2. Ambulatory Surgical Centers Market Revenue Forecasts and Analysis (US$ Mn)
10.5. DIAGNOSTIC CENTERS MARKET
10.5.1. Overview
10.5.2. Diagnostic Centers Market Revenue Forecasts and Analysis (US$ Mn)
10.6. OTHER END USERS MARKET
10.6.1. Overview
10.6.2. Other End Users Market Revenue Forecasts and Analysis (US$ Mn)
10.6.3.
11. DOPPLER ULTRASOUND MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA DOPPLER ULTRASOUND MARKET
11.1.1. North America Doppler Ultrasound Market Forecasts and Analysis (US$ Mn)
11.1.2. North America Doppler Ultrasound Market Revenue and Forecasts Analysis - By Portability (US$ Mn)
11.1.3. North America Doppler Ultrasound Market Revenue and Forecasts Analysis - By Application (US$ Mn)
11.1.4. North America Doppler Ultrasound Market Forecasts and Analysis - By End User (US$ Mn)
11.1.5. North America Doppler Ultrasound Market Forecasts and Analysis - By Country
11.1.6. US Market Overview
11.1.6.1. US Doppler Ultrasound Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
11.1.6.2. US Doppler Ultrasound Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.1.6.3. US Doppler Ultrasound Market Revenue Forecasts and Analysis - By End User (US$ MN)
11.1.7. Canada Market Overview
11.1.7.1. Canada Doppler Ultrasound Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
11.1.7.2. Canada Doppler Ultrasound Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.1.7.3. Canada Doppler Ultrasound Market Revenue Forecasts and Analysis - By End User (US$ MN)
11.1.8. Mexico Market Overview
11.1.8.1. Mexico Doppler Ultrasound Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
11.1.8.2. Mexico Doppler Ultrasound Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.1.8.3. Mexico Doppler Ultrasound Market Revenue Forecasts and Analysis - By End User (US$ MN)
11.2. EUROPE DOPPLER ULTRASOUND MARKET
11.2.1. Europe Doppler Ultrasound Market Forecasts and Analysis (US$ Mn)
11.2.2. Europe Doppler Ultrasound Market Revenue and Forecasts Analysis - By Portability (US$ Mn)
11.2.3. Europe Doppler Ultrasound Market Revenue and Forecasts Analysis - By Application (US$ Mn)
11.2.4. Europe Doppler Ultrasound Market Forecasts and Analysis - By End User (US$ Mn)
11.2.5. Europe Doppler Ultrasound Market Forecasts and Analysis - By Country
11.2.6. UK Market Overview
11.2.6.1. UK Doppler Ultrasound Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
11.2.6.2. UK Doppler Ultrasound Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.2.6.3. UK Doppler Ultrasound Market Revenue Forecasts and Analysis - By End User (US$ MN)
11.2.7. Germany Market Overview
11.2.7.1. Germany Doppler Ultrasound Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
11.2.7.2. Germany Doppler Ultrasound Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.2.7.3. Germany Doppler Ultrasound Market Revenue Forecasts and Analysis - By End User (US$ MN)
11.2.8. France Market Overview
11.2.8.1. France Doppler Ultrasound Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
11.2.8.2. France Doppler Ultrasound Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.2.8.3. France Doppler Ultrasound Market Revenue Forecasts and Analysis - By End User (US$ MN)
11.2.9. Italy Market Overview
11.2.9.1. Italy Doppler Ultrasound Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
11.2.9.2. Italy Doppler Ultrasound Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.2.9.3. Italy Doppler Ultrasound Market Revenue Forecasts and Analysis - By End User (US$ MN)
11.2.10. Spain Market Overview
11.2.10.1. Spain Doppler Ultrasound Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
11.2.10.2. Spain Doppler Ultrasound Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.2.10.3. Spain Doppler Ultrasound Market Revenue Forecasts and Analysis - By End User (US$ MN)
11.3. ASIA PACIFIC DOPPLER ULTRASOUND MARKET
11.3.1. Asia Pacific Doppler Ultrasound Market Forecasts and Analysis (US$ Mn)
11.3.2. Asia Pacific Doppler Ultrasound Market Revenue and Forecasts Analysis - By Portability (US$ Mn)
11.3.3. Asia Pacific Doppler Ultrasound Market Revenue and Forecasts Analysis - By Application (US$ Mn)
11.3.4. Asia Pacific Doppler Ultrasound Market Forecasts and Analysis - By End User (US$ Mn)
11.3.5. Asia Pacific Doppler Ultrasound Market Forecasts and Analysis - By Country
11.3.6. China Market Overview
11.3.6.1. China Doppler Ultrasound Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
11.3.6.2. China Doppler Ultrasound Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.3.6.3. China Doppler Ultrasound Market Revenue Forecasts and Analysis - By End User (US$ MN)
11.3.7. Japan Market Overview
11.3.7.1. Japan Doppler Ultrasound Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
11.3.7.2. Japan Doppler Ultrasound Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.3.7.3. Japan Doppler Ultrasound Market Revenue Forecasts and Analysis - By End User (US$ MN)
11.3.8. India Market Overview
11.3.8.1. India Doppler Ultrasound Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
11.3.8.2. India Doppler Ultrasound Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.3.8.3. India Doppler Ultrasound Market Revenue Forecasts and Analysis - By End User (US$ MN)
11.3.9. Australia Market Overview
11.3.9.1. Australia Doppler Ultrasound Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
11.3.9.2. Australia Doppler Ultrasound Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.3.9.3. Australia Doppler Ultrasound Market Revenue Forecasts and Analysis - By End User (US$ MN)
11.3.10. South Korea Market Overview
11.3.10.1. South Korea Doppler Ultrasound Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
11.3.10.2. South Korea Doppler Ultrasound Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.3.10.3. South Korea Doppler Ultrasound Market Revenue Forecasts and Analysis - By End User (US$ MN)
11.4. MIDDLE EAST & AFRICA (MEA) DOPPLER ULTRASOUND MARKET
11.4.1. Middle East & Africa (MEA) Doppler Ultrasound Market Forecasts and Analysis (US$ Mn)
11.4.2. Middle East & Africa (MEA) Doppler Ultrasound Market Revenue and Forecasts Analysis - By Portability (US$ Mn)
11.4.3. Middle East & Africa (MEA) Doppler Ultrasound Market Revenue and Forecasts Analysis - By Application (US$ Mn)
11.4.4. Middle East & Africa (MEA) Doppler Ultrasound Market Forecasts and Analysis - By End User (US$ Mn)
11.4.5. Middle East & Africa (MEA) Doppler Ultrasound Market Forecasts and Analysis - By Country
11.4.6. UAE Overview
11.4.6.1. UAE Doppler Ultrasound Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
11.4.6.2. UAE Doppler Ultrasound Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.4.6.3. UAE Doppler Ultrasound Market Revenue Forecasts and Analysis - By End User (US$ MN)
11.4.7. Saudi Arabia Market Overview
11.4.7.1. Saudi Arabia Doppler Ultrasound Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
11.4.7.2. Saudi Arabia Doppler Ultrasound Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.4.7.3. Saudi Arabia Doppler Ultrasound Market Revenue Forecasts and Analysis - By End User (US$ MN)
11.4.8. South Africa Market Overview
11.4.8.1. South Africa Doppler Ultrasound Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
11.4.8.2. South Africa Doppler Ultrasound Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.4.8.3. South Africa Doppler Ultrasound Market Revenue Forecasts and Analysis - By End User (US$ MN)
11.5. SOUTH AND CENTRAL AMERICA DOPPLER ULTRASOUND MARKET
11.5.1. South and Central America Doppler Ultrasound Market Forecasts and Analysis (US$ Mn)
11.5.2. South and Central America Doppler Ultrasound Market Revenue and Forecasts Analysis - By Portability (US$ Mn)
11.5.3. South and Central America Doppler Ultrasound Market Revenue and Forecasts Analysis - By Application (US$ Mn)
11.5.4. South and Central America Doppler Ultrasound Market Forecasts and Analysis - By End User (US$ Mn)
11.5.5. South and Central America Doppler Ultrasound Market Forecasts and Analysis - By Country
11.5.6. Brazil Market Overview
11.5.6.1. Brazil Doppler Ultrasound Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
11.5.6.2. Brazil Doppler Ultrasound Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.5.6.3. Brazil Doppler Ultrasound Market Revenue Forecasts and Analysis - By End User (US$ MN)
11.5.7. Argentina Market Overview
11.5.7.1. Argentina Doppler Ultrasound Market Revenue Forecasts and Analysis - By Portability (US$ Mn)
11.5.7.2. Argentina Doppler Ultrasound Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.5.7.3. Argentina Doppler Ultrasound Market Revenue Forecasts and Analysis - By End User (US$ MN)
12. INDUSTRY LANDSCAPE
12.1. ORGANIC GROWTH STRATEGIES
12.1.1. New Product Launches
12.1.2. Marketing & Promotional Activities
12.2. INORGANIC GROWTH STRATEGIES
12.2.1. Partnerships, Collaborations, and Joint Ventures
12.2.2. Mergers & Acquisitions
13. DOPPLER ULTRASOUND MARKET, KEY COMPANY PROFILES
13.1. TOSHIBA CORPORATION
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Financial Overview
13.1.4. Product Portfolio
13.1.5. Product Pipeline
13.1.6. SWOT Analysis
13.1.7. Key Developments
13.2. KONINKLIJKE PHILIPS N.V.
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Financial Overview
13.2.4. Product Portfolio
13.2.5. Product Pipeline
13.2.6. SWOT Analysis
13.2.7. Key Developments
13.3. SIEMENS AG
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Financial Overview
13.3.4. Product Portfolio
13.3.5. Product Pipeline
13.3.6. SWOT Analysis
13.3.7. Key Developments
13.4. ANALOGIC CORPORATION
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Financial Overview
13.4.4. Product Portfolio
13.4.5. Product Pipeline
13.4.6. SWOT Analysis
13.4.7. Key Developments
13.5. FUJIFILM HOLDINGS CORPORATION
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Financial Overview
13.5.4. Product Portfolio
13.5.5. Product Pipeline
13.5.6. SWOT Analysis
13.5.7. Key Developments
13.6. SAMSUNG
13.6.1. Business Description
13.6.2. Financial Overview
13.6.3. Product Portfolio
13.6.4. Product Pipeline
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. GENERAL ELECTRIC
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Financial Overview
13.7.4. Product Portfolio
13.7.5. Product Pipeline
13.7.6. SWOT Analysis
13.7.7. Key Developments
13.8. HITACHI, LTD.
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Financial Overview
13.8.4. Product Portfolio
13.8.5. Product Pipeline
13.8.6. SWOT Analysis
13.8.7. Key Developments
13.9. SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS CO., LTD.
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Financial Overview
13.9.4. Product Portfolio
13.9.5. Product Pipeline
13.9.6. SWOT Analysis
13.9.7. Key Developments
13.10. ESAOTE SPA
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Financial Overview
13.10.4. Product Portfolio
13.10.5. Product Pipeline
13.10.6. SWOT Analysis
13.10.7. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
The List of Companies
1. Toshiba Corporation
2. Koninklijke Philips N.V.
3. Siemens AG
4. Analogic Corporation
5. FUJIFILM Holdings Corporation
6. SAMSUNG
7. Hitachi, Ltd.
8. GENERAL ELECTRIC
9. Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
10. Esaote SpA
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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