Mechanical Ventilators Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Mechanical ventilator is a medical device which is used in the management of patient's breathing problems. It is used for a patients suffering from breathing problems and cannot maintain adequate oxygenation to maintain life. Mechanical ventilators are mainly used in the treatment of respiratory disorders such as, chronic obstructive pulmonary disease (COPD), apnea, asthma, acute lung injury and hypoxemia.
MARKET SCOPE
The "Global Mechanical Ventilators Market Analysis to 2028" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of the mechanical ventilators market with detailed market segmentation by mobility, type, mode, interface, end user, and geography. The report provides key statistics on the market status of the leading Mechanical ventilators Market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on mobility, the global mechanical ventilators market is segmented as intesive care and portable.
- Based on type, the global mechanical ventilators market is segmented as adult, pediatric, neonatal, and infant.
- Based on mode, the global mechanical ventilators market is segmented as volume mode ventilation, pressure mode ventilation, combined mode ventilation, and other mode ventilation.
- Based on interface, the global mechanical ventilators market is segmented as invasive and non-invasive.
- Based on end user, the global mechanical ventilators market is segmented as hospitals, ambulatory care centers, home care setting, and emergency medical services.
MARKET DYNAMICS
Drivers
- Increasing incidence of respiratory diseases
- Technological developments
Restraints
- Product failures
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 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Mechanical ventilators 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 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 America after evaluating political, economic, social and technological factors affecting the Mechanical ventilators Market in these regions.
IMPACT OF COVID-19 ON MECHANICAL VENTILATORS MARKET
COVID-19 was first observed at Wuhan (China) during December 2019. Within just 4 months, the virus infected majority part of Europe and North America. During the third quarter of 2020, US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain were the worst affected countries in terms confirmed cases and reported deaths. Extensive growth in number of hospital admissions due to COVID-19 played a major role in the growth of the market. In addition, majority number of critical patients require an oxygen support to sustain the infection. This factor significantly played a vital role in the growth of mechanical ventilators market during the pandemic.
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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 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Mechanical ventilators 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 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 America after evaluating political, economic, social and technological factors affecting the Mechanical ventilators Market in these regions.
IMPACT OF COVID-19 ON MECHANICAL VENTILATORS MARKET
COVID-19 was first observed at Wuhan (China) during December 2019. Within just 4 months, the virus infected majority part of Europe and North America. During the third quarter of 2020, US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain were the worst affected countries in terms confirmed cases and reported deaths. Extensive growth in number of hospital admissions due to COVID-19 played a major role in the growth of the market. In addition, majority number of critical patients require an oxygen support to sustain the infection. This factor significantly played a vital role in the growth of mechanical ventilators market during the pandemic.
MARKET PLAYERS
The report covers key developments in the Mechanical ventilators 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 Mechanical Ventillators Market are anticipated to lucrative growth opportunities in the future with the rising demand for customized procedure trays in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Mechanical ventilators 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.
- Drägerwerk AG & Co. KGaA
- Koninklijke Philips N.V.
- Hamilton Medical
- Ventinova Medical
- Fisher and Paykel Healthcare Limited
- GENERAL ELECTRIC COMPANY
- BD
- Medtronic
- ResMed
- HEYER Medical AG
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
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
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Segment Covered
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to segments covered.
![Regional Scope](https://www.theinsightpartners.com/assets/rdimages/regional_scope.png)
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
![Country Scope](https://www.theinsightpartners.com/assets/rdimages/country_scope.png)
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 Mechanical Ventilators Market - By Mobility
1.3.2 Mechanical Ventilators Market - By Type
1.3.3 Mechanical Ventilators Market - By Mode
1.3.4 Mechanical Ventilators Market - By Interface
1.3.5 Mechanical Ventilators Market - By End-User
1.3.6 Mechanical Ventilators Market - By Region
1.3.6.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MECHANICAL VENTILATORS 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. MECHANICAL VENTILATORS 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. MECHANICAL VENTILATORS MARKET - GLOBAL MARKET ANALYSIS
6.1. MECHANICAL VENTILATORS - GLOBAL MARKET OVERVIEW
6.2. MECHANICAL VENTILATORS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. MECHANICAL VENTILATORS MARKET - REVENUE AND FORECASTS TO 2028 - MOBILITY
7.1. OVERVIEW
7.2. MOBILITY MARKET FORECASTS AND ANALYSIS
7.3. INTENSIVE CARE
7.3.1. Overview
7.3.2. Intensive Care Market Forecast and Analysis
7.4. PORTABLE
7.4.1. Overview
7.4.2. Portable Market Forecast and Analysis
8. MECHANICAL VENTILATORS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
8.1. OVERVIEW
8.2. TYPE MARKET FORECASTS AND ANALYSIS
8.3. ADULT
8.3.1. Overview
8.3.2. Adult Market Forecast and Analysis
8.4. PEDIATRIC
8.4.1. Overview
8.4.2. Pediatric Market Forecast and Analysis
8.5. NEONATAL
8.5.1. Overview
8.5.2. Neonatal Market Forecast and Analysis
8.6. INFANT
8.6.1. Overview
8.6.2. Infant Market Forecast and Analysis
9. MECHANICAL VENTILATORS MARKET - REVENUE AND FORECASTS TO 2028 - MODE
9.1. OVERVIEW
9.2. MODE MARKET FORECASTS AND ANALYSIS
9.3. VOLUME MODE VENTILATION
9.3.1. Overview
9.3.2. Volume Mode Ventilation Market Forecast and Analysis
9.4. PRESSURE MODE VENTILATION
9.4.1. Overview
9.4.2. Pressure Mode Ventilation Market Forecast and Analysis
9.5. COMBINED MODE VENTILATION
9.5.1. Overview
9.5.2. Combined Mode Ventilation Market Forecast and Analysis
9.6. AND OTHER MODE VENTILATION
9.6.1. Overview
9.6.2. and Other Mode Ventilation Market Forecast and Analysis
10. MECHANICAL VENTILATORS MARKET - REVENUE AND FORECASTS TO 2028 - INTERFACE
10.1. OVERVIEW
10.2. INTERFACE MARKET FORECASTS AND ANALYSIS
10.3. INVASIVE
10.3.1. Overview
10.3.2. Invasive Market Forecast and Analysis
10.4. NON-INVASIVE
10.4.1. Overview
10.4.2. Non-Invasive Market Forecast and Analysis
11. MECHANICAL VENTILATORS MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
11.1. OVERVIEW
11.2. END-USER MARKET FORECASTS AND ANALYSIS
11.3. HOSPITALS
11.3.1. Overview
11.3.2. Hospitals Market Forecast and Analysis
11.4. AMBULATORY CARE CENTERS
11.4.1. Overview
11.4.2. Ambulatory Care Centers Market Forecast and Analysis
11.5. HOME CARE SETTING
11.5.1. Overview
11.5.2. Home Care Setting Market Forecast and Analysis
11.6. EMERGENCY MEDICAL SERVICES
11.6.1. Overview
11.6.2. Emergency Medical Services Market Forecast and Analysis
12. MECHANICAL VENTILATORS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1. NORTH AMERICA
12.1.1 North America Mechanical Ventilators Market Overview
12.1.2 North America Mechanical Ventilators Market Forecasts and Analysis
12.1.3 North America Mechanical Ventilators Market Forecasts and Analysis - By Mobility
12.1.4 North America Mechanical Ventilators Market Forecasts and Analysis - By Type
12.1.5 North America Mechanical Ventilators Market Forecasts and Analysis - By Mode
12.1.6 North America Mechanical Ventilators Market Forecasts and Analysis - By Interface
12.1.7 North America Mechanical Ventilators Market Forecasts and Analysis - By End-User
12.1.8 North America Mechanical Ventilators Market Forecasts and Analysis - By Countries
12.1.8.1 United States Mechanical Ventilators Market
12.1.8.1.1 United States Mechanical Ventilators Market by Mobility
12.1.8.1.2 United States Mechanical Ventilators Market by Type
12.1.8.1.3 United States Mechanical Ventilators Market by Mode
12.1.8.1.4 United States Mechanical Ventilators Market by Interface
12.1.8.1.5 United States Mechanical Ventilators Market by End-User
12.1.8.2 Canada Mechanical Ventilators Market
12.1.8.2.1 Canada Mechanical Ventilators Market by Mobility
12.1.8.2.2 Canada Mechanical Ventilators Market by Type
12.1.8.2.3 Canada Mechanical Ventilators Market by Mode
12.1.8.2.4 Canada Mechanical Ventilators Market by Interface
12.1.8.2.5 Canada Mechanical Ventilators Market by End-User
12.1.8.3 Mexico Mechanical Ventilators Market
12.1.8.3.1 Mexico Mechanical Ventilators Market by Mobility
12.1.8.3.2 Mexico Mechanical Ventilators Market by Type
12.1.8.3.3 Mexico Mechanical Ventilators Market by Mode
12.1.8.3.4 Mexico Mechanical Ventilators Market by Interface
12.1.8.3.5 Mexico Mechanical Ventilators Market by End-User
12.2. EUROPE
12.2.1 Europe Mechanical Ventilators Market Overview
12.2.2 Europe Mechanical Ventilators Market Forecasts and Analysis
12.2.3 Europe Mechanical Ventilators Market Forecasts and Analysis - By Mobility
12.2.4 Europe Mechanical Ventilators Market Forecasts and Analysis - By Type
12.2.5 Europe Mechanical Ventilators Market Forecasts and Analysis - By Mode
12.2.6 Europe Mechanical Ventilators Market Forecasts and Analysis - By Interface
12.2.7 Europe Mechanical Ventilators Market Forecasts and Analysis - By End-User
12.2.8 Europe Mechanical Ventilators Market Forecasts and Analysis - By Countries
12.2.8.1 Germany Mechanical Ventilators Market
12.2.8.1.1 Germany Mechanical Ventilators Market by Mobility
12.2.8.1.2 Germany Mechanical Ventilators Market by Type
12.2.8.1.3 Germany Mechanical Ventilators Market by Mode
12.2.8.1.4 Germany Mechanical Ventilators Market by Interface
12.2.8.1.5 Germany Mechanical Ventilators Market by End-User
12.2.8.2 France Mechanical Ventilators Market
12.2.8.2.1 France Mechanical Ventilators Market by Mobility
12.2.8.2.2 France Mechanical Ventilators Market by Type
12.2.8.2.3 France Mechanical Ventilators Market by Mode
12.2.8.2.4 France Mechanical Ventilators Market by Interface
12.2.8.2.5 France Mechanical Ventilators Market by End-User
12.2.8.3 Italy Mechanical Ventilators Market
12.2.8.3.1 Italy Mechanical Ventilators Market by Mobility
12.2.8.3.2 Italy Mechanical Ventilators Market by Type
12.2.8.3.3 Italy Mechanical Ventilators Market by Mode
12.2.8.3.4 Italy Mechanical Ventilators Market by Interface
12.2.8.3.5 Italy Mechanical Ventilators Market by End-User
12.2.8.4 Spain Mechanical Ventilators Market
12.2.8.4.1 Spain Mechanical Ventilators Market by Mobility
12.2.8.4.2 Spain Mechanical Ventilators Market by Type
12.2.8.4.3 Spain Mechanical Ventilators Market by Mode
12.2.8.4.4 Spain Mechanical Ventilators Market by Interface
12.2.8.4.5 Spain Mechanical Ventilators Market by End-User
12.2.8.5 United Kingdom Mechanical Ventilators Market
12.2.8.5.1 United Kingdom Mechanical Ventilators Market by Mobility
12.2.8.5.2 United Kingdom Mechanical Ventilators Market by Type
12.2.8.5.3 United Kingdom Mechanical Ventilators Market by Mode
12.2.8.5.4 United Kingdom Mechanical Ventilators Market by Interface
12.2.8.5.5 United Kingdom Mechanical Ventilators Market by End-User
12.3. ASIA-PACIFIC
12.3.1 Asia-Pacific Mechanical Ventilators Market Overview
12.3.2 Asia-Pacific Mechanical Ventilators Market Forecasts and Analysis
12.3.3 Asia-Pacific Mechanical Ventilators Market Forecasts and Analysis - By Mobility
12.3.4 Asia-Pacific Mechanical Ventilators Market Forecasts and Analysis - By Type
12.3.5 Asia-Pacific Mechanical Ventilators Market Forecasts and Analysis - By Mode
12.3.6 Asia-Pacific Mechanical Ventilators Market Forecasts and Analysis - By Interface
12.3.7 Asia-Pacific Mechanical Ventilators Market Forecasts and Analysis - By End-User
12.3.8 Asia-Pacific Mechanical Ventilators Market Forecasts and Analysis - By Countries
12.3.8.1 Australia Mechanical Ventilators Market
12.3.8.1.1 Australia Mechanical Ventilators Market by Mobility
12.3.8.1.2 Australia Mechanical Ventilators Market by Type
12.3.8.1.3 Australia Mechanical Ventilators Market by Mode
12.3.8.1.4 Australia Mechanical Ventilators Market by Interface
12.3.8.1.5 Australia Mechanical Ventilators Market by End-User
12.3.8.2 China Mechanical Ventilators Market
12.3.8.2.1 China Mechanical Ventilators Market by Mobility
12.3.8.2.2 China Mechanical Ventilators Market by Type
12.3.8.2.3 China Mechanical Ventilators Market by Mode
12.3.8.2.4 China Mechanical Ventilators Market by Interface
12.3.8.2.5 China Mechanical Ventilators Market by End-User
12.3.8.3 India Mechanical Ventilators Market
12.3.8.3.1 India Mechanical Ventilators Market by Mobility
12.3.8.3.2 India Mechanical Ventilators Market by Type
12.3.8.3.3 India Mechanical Ventilators Market by Mode
12.3.8.3.4 India Mechanical Ventilators Market by Interface
12.3.8.3.5 India Mechanical Ventilators Market by End-User
12.3.8.4 Japan Mechanical Ventilators Market
12.3.8.4.1 Japan Mechanical Ventilators Market by Mobility
12.3.8.4.2 Japan Mechanical Ventilators Market by Type
12.3.8.4.3 Japan Mechanical Ventilators Market by Mode
12.3.8.4.4 Japan Mechanical Ventilators Market by Interface
12.3.8.4.5 Japan Mechanical Ventilators Market by End-User
12.3.8.5 South Korea Mechanical Ventilators Market
12.3.8.5.1 South Korea Mechanical Ventilators Market by Mobility
12.3.8.5.2 South Korea Mechanical Ventilators Market by Type
12.3.8.5.3 South Korea Mechanical Ventilators Market by Mode
12.3.8.5.4 South Korea Mechanical Ventilators Market by Interface
12.3.8.5.5 South Korea Mechanical Ventilators Market by End-User
12.4. MIDDLE EAST AND AFRICA
12.4.1 Middle East and Africa Mechanical Ventilators Market Overview
12.4.2 Middle East and Africa Mechanical Ventilators Market Forecasts and Analysis
12.4.3 Middle East and Africa Mechanical Ventilators Market Forecasts and Analysis - By Mobility
12.4.4 Middle East and Africa Mechanical Ventilators Market Forecasts and Analysis - By Type
12.4.5 Middle East and Africa Mechanical Ventilators Market Forecasts and Analysis - By Mode
12.4.6 Middle East and Africa Mechanical Ventilators Market Forecasts and Analysis - By Interface
12.4.7 Middle East and Africa Mechanical Ventilators Market Forecasts and Analysis - By End-User
12.4.8 Middle East and Africa Mechanical Ventilators Market Forecasts and Analysis - By Countries
12.4.8.1 South Africa Mechanical Ventilators Market
12.4.8.1.1 South Africa Mechanical Ventilators Market by Mobility
12.4.8.1.2 South Africa Mechanical Ventilators Market by Type
12.4.8.1.3 South Africa Mechanical Ventilators Market by Mode
12.4.8.1.4 South Africa Mechanical Ventilators Market by Interface
12.4.8.1.5 South Africa Mechanical Ventilators Market by End-User
12.4.8.2 Saudi Arabia Mechanical Ventilators Market
12.4.8.2.1 Saudi Arabia Mechanical Ventilators Market by Mobility
12.4.8.2.2 Saudi Arabia Mechanical Ventilators Market by Type
12.4.8.2.3 Saudi Arabia Mechanical Ventilators Market by Mode
12.4.8.2.4 Saudi Arabia Mechanical Ventilators Market by Interface
12.4.8.2.5 Saudi Arabia Mechanical Ventilators Market by End-User
12.4.8.3 U.A.E Mechanical Ventilators Market
12.4.8.3.1 U.A.E Mechanical Ventilators Market by Mobility
12.4.8.3.2 U.A.E Mechanical Ventilators Market by Type
12.4.8.3.3 U.A.E Mechanical Ventilators Market by Mode
12.4.8.3.4 U.A.E Mechanical Ventilators Market by Interface
12.4.8.3.5 U.A.E Mechanical Ventilators Market by End-User
12.5. SOUTH AND CENTRAL AMERICA
12.5.1 South and Central America Mechanical Ventilators Market Overview
12.5.2 South and Central America Mechanical Ventilators Market Forecasts and Analysis
12.5.3 South and Central America Mechanical Ventilators Market Forecasts and Analysis - By Mobility
12.5.4 South and Central America Mechanical Ventilators Market Forecasts and Analysis - By Type
12.5.5 South and Central America Mechanical Ventilators Market Forecasts and Analysis - By Mode
12.5.6 South and Central America Mechanical Ventilators Market Forecasts and Analysis - By Interface
12.5.7 South and Central America Mechanical Ventilators Market Forecasts and Analysis - By End-User
12.5.8 South and Central America Mechanical Ventilators Market Forecasts and Analysis - By Countries
12.5.8.1 Brazil Mechanical Ventilators Market
12.5.8.1.1 Brazil Mechanical Ventilators Market by Mobility
12.5.8.1.2 Brazil Mechanical Ventilators Market by Type
12.5.8.1.3 Brazil Mechanical Ventilators Market by Mode
12.5.8.1.4 Brazil Mechanical Ventilators Market by Interface
12.5.8.1.5 Brazil Mechanical Ventilators Market by End-User
12.5.8.2 Argentina Mechanical Ventilators Market
12.5.8.2.1 Argentina Mechanical Ventilators Market by Mobility
12.5.8.2.2 Argentina Mechanical Ventilators Market by Type
12.5.8.2.3 Argentina Mechanical Ventilators Market by Mode
12.5.8.2.4 Argentina Mechanical Ventilators Market by Interface
12.5.8.2.5 Argentina Mechanical Ventilators Market by End-User
13. IMPACT OF COVID-19 PANDEMIC ON GLOBAL MECHANICAL VENTILATORS MARKET
13.1 North America
13.2 Europe
13.3 Asia-Pacific
13.4 Middle East and Africa
13.5 South and Central America
14. INDUSTRY LANDSCAPE
14.1. MERGERS AND ACQUISITIONS
14.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
14.3. NEW PRODUCT LAUNCHES
14.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
15. MECHANICAL VENTILATORS MARKET, KEY COMPANY PROFILES
15.1. GENERAL ELECTRIC
15.1.1. Key Facts
15.1.2. Business Description
15.1.3. Products and Services
15.1.4. Financial Overview
15.1.5. SWOT Analysis
15.1.6. Key Developments
15.2. FUJIFILM
15.2.1. Key Facts
15.2.2. Business Description
15.2.3. Products and Services
15.2.4. Financial Overview
15.2.5. SWOT Analysis
15.2.6. Key Developments
15.3. KONINKLIJKE PHILIPS N.V.
15.3.1. Key Facts
15.3.2. Business Description
15.3.3. Products and Services
15.3.4. Financial Overview
15.3.5. SWOT Analysis
15.3.6. Key Developments
15.4. SPACELABS HEALTHCARE
15.4.1. Key Facts
15.4.2. Business Description
15.4.3. Products and Services
15.4.4. Financial Overview
15.4.5. SWOT Analysis
15.4.6. Key Developments
15.5. MEDTRONIC
15.5.1. Key Facts
15.5.2. Business Description
15.5.3. Products and Services
15.5.4. Financial Overview
15.5.5. SWOT Analysis
15.5.6. Key Developments
15.6. ARJO
15.6.1. Key Facts
15.6.2. Business Description
15.6.3. Products and Services
15.6.4. Financial Overview
15.6.5. SWOT Analysis
15.6.6. Key Developments
15.7. NEOVENTA MEDICAL AB.
15.7.1. Key Facts
15.7.2. Business Description
15.7.3. Products and Services
15.7.4. Financial Overview
15.7.5. SWOT Analysis
15.7.6. Key Developments
15.8. SIEMENS HEALTHCARE PRIVATE LIMITED
15.8.1. Key Facts
15.8.2. Business Description
15.8.3. Products and Services
15.8.4. Financial Overview
15.8.5. SWOT Analysis
15.8.6. Key Developments
15.9. SHENZHEN JUMPER MEDICAL EQUIPMENT CO.,LTD.
15.9.1. Key Facts
15.9.2. Business Description
15.9.3. Products and Services
15.9.4. Financial Overview
15.9.5. SWOT Analysis
15.9.6. Key Developments
15.10. WALLACH SURGICAL DEVICES.
15.10.1. Key Facts
15.10.2. Business Description
15.10.3. Products and Services
15.10.4. Financial Overview
15.10.5. SWOT Analysis
15.10.6. Key Developments
16. APPENDIX
16.1. ABOUT THE INSIGHT PARTNERS
16.2. GLOSSARY OF TERMS
1. Drägerwerk AG & Co. KGaA
2. Koninklijke Philips N.V.
3. Hamilton Medical
4. Ventinova Medical
5. Fisher and Paykel Healthcare Limited
6. GENERAL ELECTRIC COMPANY
7. BD
8. Medtronic
9. ResMed
10. HEYER Medical AG
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.