Intracranial Stents Market Share and Growth (2021-2031)
The Intracranial Stents Market is expected to register a CAGR of 5.0% 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 Intracranial Stents Market By Type (Self-Expanding Intracranial Stents and Embolization Coil Support Intracranial Stents); Application (Intracranial Stenosis and Brain Aneurysms); End User (Hospitals and Ambulatory Surgical Centers) , 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 Intracranial Stents 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.
Intracranial Stents Market Segmentation
By Type- Self-Expanding Intracranial Stents and Embolization Coil Support Intracranial Stents
- Intracranial Stenosis and Brain Aneurysms
- Hospitals and Ambulatory Surgical Centers
Strategic Insights
Intracranial Stents Market Growth Drivers- Rising Prevalence of Neurological Disorders: The need for intracranial stents is being greatly impacted by the rising incidence of diseases such brain aneurysms, strokes, and IIH. Over 12.2 million new occurrences of stroke are reported to occur worldwide each year, with older persons accounting for a sizable share of these incidents.
- Rising Invesment in R&D: Businesses are spending a lot of money on research and development to create new goods and advance current technologies. It is anticipated that this emphasis on R&D will quicken market expansion as new solutions become accessible. Such a factor is expected to aid the overall market growth in futute years.
- Growth in Cerebral Venous Sinus Stenting (VSS): One particular pattern that has been observed is the significant rise in VSS procedures—which increased by 80% between 2016 and 2020—for treating severe IIH. This indicates that VSS is becoming more widely accepted and acknowledged as a viable therapeutic alternative in place of more established techniques like CSF shunts.
- pEGASUS HPC Stent: This stent, which was introduced by Wallaby/phenox, has an anti-thrombogenic HPC coating technology. It is intended especially for those with stenoses and cerebral aneurysms associated with intracranial atherosclerotic disease (ICAD). This coating attempts to promote blood flow and minimize the risk of ischemic strokes by inhibiting clot formation around the stent
- Pipeline Vantage: This fourth-generation flow diverter was introduced by Medtronic with the goal of treating brain aneurysms endovascularly. Because of its sophisticated design, patient safety and procedural efficiency are improved during delivery and deployment. Such a factor has aided the overall market growth in the recent past and is expected to continue a similar trend during the foreacsat period.
- Neuroform Atlas Stent: In 2019, the FDA approved this self-expanding stent, which was developed by Stryker. It is meant to be used in conjunction with detachable embolization coils and is supposed to enhance the results of brain aneurysm treatment. Such a factor is expected to create ample oppotunities for the growth of the current market.
- Advancements in Delivery Systems: Improvements in catheter-based surgery have produced more trauma-free implantation environments through more efficient delivery methods. By making it easier to precisely insert stents within the complex circulatory structures of the brain, these technologies reduce the risks that come with open procedures.
- Self Expandind Stents: Because of its benefits, which include flexibility, a lower chance of difficulties, and long-term stability, this category has grown in favor. Patients can recover more quickly from minimally invasive procedures when self-expanding stents are used.Such a factor has aided the overall market growth in the recent past and is expected to continue a similar trend during the foreacsat period.
- Biocompatibility:The creation of biocompatible materials is essential to minimizing unfavorable post-implantation reactions. The goal of testing new materials is to decrease inflammatory responses, which can result in problems like restenosis or thrombosis, and to better integrate with the surrounding tissue.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Intracranial Stents 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 Intracranial Stents 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
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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
Availibility of Substitutes
North America region held the largest share in 2023
Asia Pacific region is expected to witness the highest growth during the forecast period
Rising Prevalence of Neurological Disorders
The Intracranial Stents Market is estimated to witness a CAGR of 5.0% from 2023 to 2031
Advancements in Delivery Systems
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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