Intracranial Stents Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Intracranial stents also known as brain stents are devices implanted into the brains of patients that possess high risk conditions of the brain arteries. These stents help to open up the blocked arteries in the brain among patients suffering with diseases such as intracranial stenosis. The implantation of intracranial stents is a relatively new procedure and the results for long-term placement of these stents are still under investigational studies. A number of studies demonstrates potential placements of stents to successfully reduce the risk of stroke in patients with aneurysms and intracranial stenosis.
The growth of global intracranial stents market is expected to be driven by factors such as increasing prevalence of cerebral disorders such as intracranial stenosis and brain aneurysms. Moreover, the government initiatives taken in order to decrease the global burden of brain diseases, technological advancements, extensive research & development and others are also several other factors promoting the growth of global intracranial stents market. However, the inability of these packs to offer optimum pain coverage is expected to hinder the growth of this market. On the other hand, lack of expert professionals to perform stent implantation as well as the high cost of procedures are expected to hinder the growth of this market at certain extent.
The "Global Intracranial stents Market Analysis to 2028" is a specialized and in-depth study of the medical device industry with a focus on the global market trend. The report aims to provide an overview of global intracranial stents market with detailed market segmentation by type, application, end user and geography. The global intracranial stents market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The global intracranial stents market is segmented on the basis of type, application, and end user. On the basis of type, the global intracranial stents market is segmented into self-expanding intracranial stents and embolization coil support intracranial stents. Based on application, the market is segmented into intracranial stenosis and brain aneurysms. On the basis of end user, the global intracranial stents market is segmented in to hospitals and ambulatory surgical centers.
The intracranial stents market report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global intracranial stents market based on type, application, and end user. It also provides market size and forecast till 2028 for overall intracranial stents market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 counties globally along with current trend and opportunities prevailing in the region.
North America holds a dominant position in the global intracranial stents market which is attributed to high adoption of cranio-maxillofacial by the geriatric population in the region. Moreover, increasing number of innovative product launches through technological advancements contributed from North America is also acting as a driver for the region to dominate the global intracranial stents market. Asia Pacific on the other hand is expected to witness significant traction over the forecast years owing to increasing number of patients suffering from cranial disorders.
The intracranial stents market report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during 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 & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.
The intracranial stents market report also includes the profiles of leading intracranial stents manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key developments in past five years. Some of the key players operating the global intracranial stents market include Medtronic, Abbott, Stryker, Balt Extrusion, MicroPort Scientific Corporation, ADMEDES GmbH, Cardiatis, DePuy Synthes, Acandis GmbH, and Penumbra, Inc.
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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
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
2. KEY TAKEAWAYS
3. INTRACRANIAL STENTS MARKET LANDSCAPE
3.1. MARKET OVERVIEW
3.2. MARKET SEGMENTATION
3.2.1. Intracranial Stents Market - By Type
3.2.2. Intracranial Stents Market - By Application
3.2.3. Intracranial Stents Market - By End User
3.2.4. Intracranial Stents Market - By Region
3.2.4.1. By Country
3.3. PEST ANALYSIS
3.3.1. North America - PEST Analysis
3.3.2. Europe - PEST Analysis
3.3.3. Asia Pacific - PEST Analysis
3.3.4. Middle East and Africa - PEST Analysis
3.3.5. South and Central America- PEST Analysis
4. INTRACRANIAL STENTS MARKET - KEY INDUSTRY DYNAMICS
4.1. KEY MARKET DRIVERS
4.2. KEY MARKET RESTRAINTS
4.3. KEY MARKET OPPORTUNITIES
4.4. FUTURE TRENDS
4.5. IMPACT ANALYSIS
5. INTRACRANIAL STENTS MARKET - GLOBAL ANALYSIS
5.1. GLOBAL INTRACRANIAL STENTS MARKET OVERVIEW
5.2. GLOBAL INTRACRANIAL STENTS MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
5.3. GLOBAL INTRACRANIAL STENTS MARKET VOLUME FORECASTS AND ANALYSIS ('000 UNITS)
5.4. MARKET POSITIONING/MARKET SHARE
5.5. PERFORMANCE OF KEY PLAYERS
5.6. EXPERT OPINIONS
6. INTRACRANIAL STENTS MARKET- GLOBAL REGULATORY SCENARIO
6.1. OVERVIEW
6.2. NORTH AMERICA
6.3. EUROPE
6.4. ASIA PACIFIC
6.5. MIDDLE EAST & AFRICA
6.6. SOUTH AND CENTRAL AMERICA
7. INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS TO 2028 - BY TYPE
7.1. OVERVIEW
7.2. TYPE MARKET REVENUE AND FORECASTS ANALYSIS (US$ MN)
7.3. SELF EXPANDING INTRACRANIAL STENTS MARKET
7.3.1. Overview
7.3.2. Self-Expanding Intracranial Stents Market Revenue Forecasts and Analysis (US$ Mn)
7.3.3. Self-Expanding Intracranial Stents Market Volume Forecasts and Analysis ('000 Units)
7.4. EMBOLIZATION COIL SUPPORT INTRACRANIAL STENTS MARKET
7.4.1. Overview
7.4.2. Embolization Coil Support Intracranial Stents Market Revenue Forecasts and Analysis (US$ Mn)
7.4.3. Embolization Coil Support Intracranial Stents Market Volume Forecasts and Analysis ('000 Units)
8. INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS TO 2028 - BY APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET REVENUE AND FORECASTS ANALYSIS (US$ MN)
8.3. INTRACRANIAL STENOSIS MARKET
8.3.1. Overview
8.3.2. Intracranial Stenosis Market Revenue Forecasts and Analysis (US$ Mn)
8.4. BRAIN ANEURYSMS MARKET
8.4.1. Overview
8.4.2. 8.4. Brain Aneurysms Market Revenue Forecasts and Analysis (US$ Mn)
9. INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS TO 2028 - BY END USER
9.1. OVERVIEW
9.2. END USER MARKET REVENUE AND FORECASTS ANALYSIS (US$ MN)
9.3. HOSPITALS MARKET
9.3.1. Overview
9.3.2. Hospitals Market Revenue Forecasts and Analysis (US$ Mn)
9.4. AMBULATORY SURGICAL CENTERS MARKET
9.4.1. Overview
9.4.2. Ambulatory Surgical Centers Market Revenue Forecasts and Analysis (US$ Mn)
10. NORTH AMERICA INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS TO 2028 - COUNTRY ANALYSIS
10.1. NORTH AMERICA INTRACRANIAL STENTS MARKET OVERVIEW
10.2. NORTH AMERICA INTRACRANIAL STENTS MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
10.3. NORTH AMERICA INTRACRANIAL STENTS MARKET VOLUME FORECASTS AND ANALYSIS ('000 UNITS)
10.4. NORTH AMERICA INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS ANALYSIS - BY TYPE (US$ MN)
10.5. NORTH AMERICA INTRACRANIAL STENTS MARKET VOLUME AND FORECASTS ANALYSIS - BY TYPE ('000 UNITS)
10.6. NORTH AMERICA INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS ANALYSIS - BY APPLICATION (US$ MN)
10.7. NORTH AMERICA INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS ANALYSIS - BY END USER (US$ MN)
10.8. NORTH AMERICA INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS ANALYSIS - BY COUNTRY
10.9. US MARKET OVERVIEW
10.9.1. US Intracranial Stents Market Revenue Forecasts and Analysis - By Type (US$ Mn)
10.9.2. US Intracranial Stents Market Volume Forecasts and Analysis - By Type ('000 Units)
10.9.3. US Intracranial Stents Market Revenue Forecasts and Analysis - By Application (US$ Mn)
10.9.4. US Intracranial Stents Market Revenue Forecasts and Analysis - By End User (US$ Mn)
10.10. CANADA MARKET OVERVIEW
10.10.1. Canada Intracranial Stents Market Revenue Forecasts and Analysis - By Type (US$ Mn)
10.10.2. Canada Intracranial Stents Market Volume Forecasts and Analysis - By Type ('000 Units)
10.10.3. Canada Intracranial Stents Market Revenue Forecasts and Analysis - By Application (US$ Mn)
10.10.4. Canada Intracranial Stents Market Revenue Forecasts and Analysis - By End User (US$ Mn)
10.11. MEXICO MARKET OVERVIEW
10.11.1. Mexico Intracranial Stents Market Revenue Forecasts and Analysis - By Type (US$ Mn)
10.11.2. Mexico Intracranial Stents Market Volume Forecasts and Analysis - By Type ('000 Units)
10.11.3. Mexico Intracranial Stents Market Revenue Forecasts and Analysis - By Application (US$ Mn)
10.11.4. Mexico Intracranial Stents Market Revenue Forecasts and Analysis - By End User (US$ Mn)
11. EUROPE INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS TO 2028 - COUNTRY ANALYSIS
11.1. EUROPE INTRACRANIAL STENTS MARKET OVERVIEW
11.2. EUROPE INTRACRANIAL STENTS MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
11.3. EUROPE INTRACRANIAL STENTS MARKET VOLUME FORECASTS AND ANALYSIS ('000 UNITS)
11.4. EUROPE INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS ANALYSIS - BY TYPE (US$ MN)
11.5. EUROPE INTRACRANIAL STENTS MARKET VOLUME AND FORECASTS ANALYSIS - BY TYPE ('000 UNITS)
11.6. EUROPE INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS ANALYSIS - BY APPLICATION (US$ MN)
11.7. EUROPE INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS ANALYSIS - BY END USER (US$ MN)
11.8. EUROPE INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS ANALYSIS - BY COUNTRY
11.9. UK MARKET OVERVIEW
11.9.1. UK Intracranial Stents Market Revenue Forecasts and Analysis - By Type (US$ Mn)
11.9.2. UK Intracranial Stents Market Volume Forecasts and Analysis - By Type ('000 Units)
11.9.3. UK Intracranial Stents Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.9.4. UK Intracranial Stents Market Revenue Forecasts and Analysis - By End User (US$ Mn)
11.10. GERMANY MARKET OVERVIEW
11.10.1. Germany Intracranial Stents Market Revenue Forecasts and Analysis - By Type (US$ Mn)
11.10.2. Germany Intracranial Stents Market Volume Forecasts and Analysis - By Type ('000 Units)
11.10.3. Germany Intracranial Stents Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.10.4. Germany Intracranial Stents Market Revenue Forecasts and Analysis - By End User (US$ Mn)
11.11. FRANCE MARKET OVERVIEW
11.11.1. France Intracranial Stents Market Revenue Forecasts and Analysis - By Type (US$ Mn)
11.11.2. France Intracranial Stents Market Volume Forecasts and Analysis - By Type ('000 Units)
11.11.3. France Intracranial Stents Market Revenue Forecasts and Analysis - By Application (US$ Mn)
11.11.4. France Intracranial Stents Market Revenue Forecasts and Analysis - By End User (US$ Mn)
12. ASIA PACIFIC INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS TO 2028 - COUNTRY ANALYSIS
12.1. ASIA PACIFIC INTRACRANIAL STENTS MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
12.2. ASIA PACIFIC INTRACRANIAL STENTS MARKET VOLUME FORECASTS AND ANALYSIS ('000 UNITS)
12.3. ASIA PACIFIC INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS ANALYSIS - BY TYPE (US$ MN)
12.4. ASIA PACIFIC INTRACRANIAL STENTS MARKET VOLUME AND FORECASTS ANALYSIS - BY TYPE ('000 UNITS)
12.5. ASIA PACIFIC INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS ANALYSIS - BY APPLICATION (US$ MN)
12.6. ASIA PACIFIC INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS ANALYSIS - BY END USER (US$ MN)
12.7. ASIA PACIFIC INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS ANALYSIS - BY COUNTRY
12.8. JAPAN MARKET OVERVIEW
12.8.1. Japan Intracranial Stents Market Revenue Forecasts and Analysis - By Type (US$ Mn)
12.8.2. Japan Intracranial Stents Market Volume Forecasts and Analysis - By Type ('000 Units)
12.8.3. Japan Intracranial Stents Market Revenue Forecasts and Analysis - By Application (US$ Mn)
12.8.4. Japan Intracranial Stents Market Revenue Forecasts and Analysis - By End User (US$ Mn)
12.9. CHINA MARKET OVERVIEW
12.9.1. China Intracranial Stents Market Revenue Forecasts and Analysis - By Type (US$ Mn)
12.9.2. China Intracranial Stents Market Volume Forecasts and Analysis - By Type ('000 Units)
12.9.3. China Intracranial Stents Market Revenue Forecasts and Analysis - By Application (US$ Mn)
12.9.4. China Intracranial Stents Market Revenue Forecasts and Analysis - By End User (US$ Mn)
12.10. INDIA MARKET OVERVIEW
12.10.1. India Intracranial Stents Market Revenue Forecasts and Analysis - By Type (US$ Mn)
12.10.2. India Intracranial Stents Market Volume Forecasts and Analysis - By Type ('000 Units)
12.10.3. India Intracranial Stents Market Revenue Forecasts and Analysis - By Application (US$ Mn)
12.10.4. India Intracranial Stents Market Revenue Forecasts and Analysis - By End User (US$ Mn)
13. MIDDLE EAST AND AFRICA (MEA) INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS TO 2028 - COUNTRY ANALYSIS
13.1. MIDDLE EAST AND AFRICA INTRACRANIAL STENTS MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
13.2. MIDDLE EAST AND AFRICA INTRACRANIAL STENTS MARKET VOLUME FORECASTS AND ANALYSIS ('000 UNITS)
13.3. MIDDLE EAST AND AFRICA INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS ANALYSIS - BY TYPE (US$ MN)
13.4. MIDDLE EAST AND AFRICA INTRACRANIAL STENTS MARKET VOLUME AND FORECASTS ANALYSIS - BY TYPE ('000 UNITS)
13.5. MIDDLE EAST AND AFRICA INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS ANALYSIS - BY APPLICATION (US$ MN)
13.6. MIDDLE EAST AND AFRICA INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS ANALYSIS - BY END USER (US$ MN)
13.7. MIDDLE EAST AND AFRICA INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS ANALYSIS - BY COUNTRY
13.8. SOUTH AFRICA MARKET OVERVIEW
13.8.1. South Africa Intracranial Stents Market Revenue Forecasts and Analysis - By Type (US$ Mn)
13.8.2. South Africa Intracranial Stents Market Volume Forecasts and Analysis - By Type ('000 Units)
13.8.3. South Africa Intracranial Stents Market Revenue Forecasts and Analysis - By Application (US$ Mn)
13.8.4. South Africa Intracranial Stents Market Revenue Forecasts and Analysis - By End User (US$ Mn)
13.9. SAUDI ARABIA MARKET OVERVIEW
13.9.1. Saudi Arabia Intracranial Stents Market Revenue Forecasts and Analysis - By Type (US$ Mn)
13.9.2. Saudi Arabia Intracranial Stents Market Volume Forecasts and Analysis - By Type ('000 Units)
13.9.3. Saudi Arabia Intracranial Stents Market Revenue Forecasts and Analysis - By Application (US$ Mn)
13.9.4. Saudi Arabia Intracranial Stents Market Revenue Forecasts and Analysis - By End User (US$ Mn)
13.10. UAE MARKET OVERVIEW
13.10.1. UAE Intracranial Stents Market Revenue Forecasts and Analysis - By Type (US$ Mn)
13.10.2. UAE Intracranial Stents Market Volume Forecasts and Analysis - By Type ('000 Units)
13.10.3. UAE Intracranial Stents Market Revenue Forecasts and Analysis - By Application (US$ Mn)
13.10.4. UAE Intracranial Stents Market Revenue Forecasts and Analysis - By End User (US$ Mn)
14. SOUTH AND CENTRAL AMERICA INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS TO 2028 - COUNTRY ANALYSIS
14.1. SOUTH AND CENTRAL AMERICA INTRACRANIAL STENTS MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
14.2. SOUTH AND CENTRAL AMERICA INTRACRANIAL STENTS MARKET VOLUME FORECASTS AND ANALYSIS ('000 UNITS)
14.3. SOUTH AND CENTRAL AMERICA INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS ANALYSIS - BY TYPE (US$ MN)
14.4. SOUTH AND CENTRAL AMERICA INTRACRANIAL STENTS MARKET VOLUME AND FORECASTS ANALYSIS - BY TYPE ('000 UNITS)
14.5. SOUTH AND CENTRAL AMERICA INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS ANALYSIS - BY APPLICATION (US$ MN)
14.6. SOUTH AND CENTRAL AMERICA INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS ANALYSIS - BY END USER (US$ MN)
14.7. SOUTH AND CENTRAL AMERICA INTRACRANIAL STENTS MARKET REVENUE AND FORECASTS ANALYSIS - BY COUNTRY
14.8. BRAZIL MARKET OVERVIEW
14.8.1. Brazil Intracranial Stents Market Revenue Forecasts and Analysis - By Type (US$ Mn)
14.8.2. Brazil Intracranial Stents Market Volume Forecasts and Analysis - By Type ('000 Units)
14.8.3. Brazil Intracranial Stents Market Revenue Forecasts and Analysis - By Application (US$ Mn)
14.8.4. Brazil Intracranial Stents Market Revenue Forecasts and Analysis - By End User (US$ Mn)
15. INDUSTRY LANDSCAPE
15.1. ORGANIC GROWTH STRATEGIES
15.1.1. New Product Launches
15.1.2. Marketing & Promotional Activities
15.2. INORGANIC GROWTH STRATEGIES
15.2.1. Partnerships, Collaborations, and Joint Ventures
15.2.2. Mergers & Acquisitions
16. INTRACRANIAL STENTS MARKET, KEY COMPANY PROFILES
16.1. MEDTRONIC
16.1.1. Key Facts
16.1.2. Business Description
16.1.3. Financial Overview
16.1.4. Product Portfolio
16.1.5. Product Pipeline
16.1.6. SWOT Analysis
16.1.7. Key Developments
16.2. BALT EXTRUSION
16.2.1. Key Facts
16.2.2. Business Description
16.2.3. Financial Overview
16.2.4. Product Portfolio
16.2.5. Product Pipeline
16.2.6. SWOT Analysis
16.2.7. Key Developments
16.3. MICROPORT SCIENTIFIC CORPORATION
16.3.1. Key Facts
16.3.2. Business Description
16.3.3. Financial Overview
16.3.4. Product Portfolio
16.3.5. Product Portfolio
16.3.6. SWOT Analysis
16.3.7. Key Developments
16.4. ABBOTT
16.4.1. Key Facts
16.4.2. Business Description
16.4.3. Financial Overview
16.4.4. Product Portfolio
16.4.5. Product Pipeline
16.4.6. SWOT Analysis
16.4.7. Key Developments
16.5. STRYKER
16.5.1. Key Facts
16.5.2. Business Description
16.5.3. Financial Overview
16.5.4. Product Portfolio
16.5.5. Product Portfolio
16.5.6. SWOT Analysis
16.5.7. Key Developments
16.6. ADMEDES GMBH
16.6.1. Key Facts
16.6.2. Business Description
16.6.3. Financial Overview
16.6.4. Product Portfolio
16.6.5. Product Pipeline
16.6.6. SWOT Analysis
16.6.7. Key Developments
16.7. CARDIATIS
16.7.1. Key Facts
16.7.2. Business Description
16.7.3. Financial Overview
16.7.4. Product Portfolio
16.7.5. Product Pipeline
16.7.6. SWOT Analysis
16.7.7. Key Developments
16.8. DEPUY SYNTHES
16.8.1. Key Facts
16.8.2. Business Description
16.8.3. Financial Overview
16.8.4. Product Portfolio
16.8.5. Product Pipeline
16.8.6. SWOT Analysis
16.8.7. Key Developments
16.9. ACANDIS GMBH
16.9.1. Key Facts
16.9.2. Business Description
16.9.3. Financial Overview
16.9.4. Product Portfolio
16.9.5. Product Pipeline
16.9.6. SWOT Analysis
16.9.7. Key Developments
16.10. PENUMBRA, INC.
16.10.1. Key Facts
16.10.2. Business Description
16.10.3. Financial Overview
16.10.4. Product Portfolio
16.10.5. Product Pipeline
16.10.6. SWOT Analysis
16.10.7. Key Developments
17. APPENDIX
17.1. ABOUT THE INSIGHT PARTNERS
17.2. GLOSSARY OF TERMS
17.3. RESEARCH METHODOLOGY
- Medtronic
- Abbott
- Stryker
- Balt Extrusion
- MicroPort Scientific Corporation
- ADMEDES GmbH
- Cardiatis
- DePuy Synthes
- Acandis GmbH, and
- Penumbra, 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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