Neurodiagnostics Market Developments by 2031
For the diagnosis of neurological disorders, neurodiagnostic devices are used. Neurodiagnostics can be used to diagnose disorders such as stroke, migraine, epilepsy, Parkinson's disease, and stroke. Neurodiagnostics products include in-vitro diagnostics and diagnostic & imaging system. Diagnostic & imaging system includes devices such as , MRI scanner, CT scanner and PET scanner. Increasing prevalence of neurological disorders and neurodegenerative disorders along with technological advancements in neurodiagnostics are expected to drive market growth during the forecast period.
MARKET SCOPE
The "Global Neurodiagnostics Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the neurodiagnostics market with detailed market segmentation by product, indication and end user. The report provides key statistics on the market status of the leading neurodiagnostics market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on product the market is segmented as, diagnostic imaging systems, clinical diagnostic instruments, reagents and consumables.
- Based on indication the market is segmented as, neurodegenerative diseases, epilepsy, stroke, headache disorders, and sleep disorders.
- Based on end user the market is segmented as, hospitals and surgical centers, diagnostic laboratories and imaging centers, neurology centers, ambulatory care centers, research laboratories and academic institutes.
MARKET DYNAMICS
Drivers:
- Increasing prevalence of neurological diseases & disorders is the key driver for the market growth.
- Technological advancements in neurodiagnostic devices and new product launches.
- Increasing number of hospitals and diagnostic centers.
- Advancement in proteomics and genomics for the diagnosis of neurodegenerative diseases.
Restraints:
- Whereas, high cost of neurodiagnostic devices and growth in adoption of refurbished devices are expected to hamper market growth during the forecast period.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The neurodiagnostics 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 neurodiagnostics market in these regions.
IMPACT OF COVID-19 ON NEURODIAGNOSTICS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The neurodiagnostics 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 neurodiagnostics market in these regions.
IMPACT OF COVID-19 ON NEURODIAGNOSTICS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the neurodiagnostics 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 neurodiagnostics market are anticipated to lucrative growth opportunities in the future with the rising demand for neurodiagnostics in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the neurodiagnostics 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.
- General Electric Company
- Koninklijke Philips N.V.
- Siemens Healthcare GmbH
- Hitachi, Ltd.
- Canon Medical Systems, USA
- Natus Medical Incorporated
- NIHON KOHDEN CORPORATION
- Advanced Brain Monitoring, Inc.
- Lifelines Neuro Company, LLC
- Mitsar Co., Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Neurodiagnostics Market - By Product
1.3.2 Neurodiagnostics Market - By Indication
1.3.3 Neurodiagnostics Market - By End User
1.3.4 Neurodiagnostics Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. NEURODIAGNOSTICS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. NEURODIAGNOSTICS 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. NEURODIAGNOSTICS MARKET - GLOBAL MARKET ANALYSIS
6.1. NEURODIAGNOSTICS - GLOBAL MARKET OVERVIEW
6.2. NEURODIAGNOSTICS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. NEURODIAGNOSTICS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. DIAGNOSTIC IMAGING SYSTEMS
7.3.1. Overview
7.3.2. Diagnostic Imaging Systems Market Forecast and Analysis
7.3.3. MRI Systems Market
7.3.3.1. Overview
7.3.3.2. MRI Systems Market Forecast and Analysis
7.3.4. EEG Systems Market
7.3.4.1. Overview
7.3.4.2. EEG Systems Market Forecast and Analysis
7.3.5. CT Scanners Market
7.3.5.1. Overview
7.3.5.2. CT Scanners Market Forecast and Analysis
7.3.6. PET Scanners Market
7.3.6.1. Overview
7.3.6.2. PET Scanners Market Forecast and Analysis
7.3.7. EMG Devices Market
7.3.7.1. Overview
7.3.7.2. EMG Devices Market Forecast and Analysis
7.3.8. Ultrasound Imaging Systems Market
7.3.8.1. Overview
7.3.8.2. Ultrasound Imaging Systems Market Forecast and Analysis
7.3.9. MEG Devices Market
7.3.9.1. Overview
7.3.9.2. MEG Devices Market Forecast and Analysis
7.3.10. Angiography Systems Market
7.3.10.1. Overview
7.3.10.2. Angiography Systems Market Forecast and Analysis
7.3.11. Others Market
7.3.11.1. Overview
7.3.11.2. Others Market Forecast and Analysis
7.4. CLINICAL DIAGNOSTIC INSTRUMENTS
7.4.1. Overview
7.4.2. Clinical Diagnostic Instruments Market Forecast and Analysis
7.4.3. PCR Instruments Market
7.4.3.1. Overview
7.4.3.2. PCR Instruments Market Forecast and Analysis
7.4.4. NGS Instruments Market
7.4.4.1. Overview
7.4.4.2. NGS Instruments Market Forecast and Analysis
7.4.5. Sanger Sequencers Market
7.4.5.1. Overview
7.4.5.2. Sanger Sequencers Market Forecast and Analysis
7.4.6. Others Market
7.4.6.1. Overview
7.4.6.2. Others Market Forecast and Analysis
7.5. REAGENTS AND CONSUMABLES
7.5.1. Overview
7.5.2. Reagents and Consumables Market Forecast and Analysis
7.5.3. Media and Sera Market
7.5.3.1. Overview
7.5.3.2. Media and Sera Market Forecast and Analysis
7.5.4. Antibodies Market
7.5.4.1. Overview
7.5.4.2. Antibodies Market Forecast and Analysis
7.5.5. Buffers Market
7.5.5.1. Overview
7.5.5.2. Buffers Market Forecast and Analysis
7.5.6. Solvents Market
7.5.6.1. Overview
7.5.6.2. Solvents Market Forecast and Analysis
7.5.7. Enzymes Proteins Market
7.5.7.1. Overview
7.5.7.2. Enzymes Proteins Market Forecast and Analysis
7.5.8. Probes Market
7.5.8.1. Overview
7.5.8.2. Probes Market Forecast and Analysis
7.5.9. Others Market
7.5.9.1. Overview
7.5.9.2. Others Market Forecast and Analysis
8. NEURODIAGNOSTICS MARKET - REVENUE AND FORECASTS TO 2028 - INDICATION
8.1. OVERVIEW
8.2. INDICATION MARKET FORECASTS AND ANALYSIS
8.3. NEURODEGENERATIVE DISEASES
8.3.1. Overview
8.3.2. Neurodegenerative Diseases Market Forecast and Analysis
8.4. EPILEPSY
8.4.1. Overview
8.4.2. Epilepsy Market Forecast and Analysis
8.5. STROKE
8.5.1. Overview
8.5.2. Stroke Market Forecast and Analysis
8.6. HEADACHE DISORDERS
8.6.1. Overview
8.6.2. Headache Disorders Market Forecast and Analysis
8.7. SLEEP DISORDERS
8.7.1. Overview
8.7.2. Sleep Disorders Market Forecast and Analysis
9. NEURODIAGNOSTICS MARKET - REVENUE AND FORECASTS TO 2028 - END USER
9.1. OVERVIEW
9.2. END USER MARKET FORECASTS AND ANALYSIS
9.3. HOSPITALS AND SURGICAL CENTERS
9.3.1. Overview
9.3.2. Hospitals and Surgical Centers Market Forecast and Analysis
9.4. DIAGNOSTIC LABORATORIES AND IMAGING CENTERS
9.4.1. Overview
9.4.2. Diagnostic Laboratories and Imaging Centers Market Forecast and Analysis
9.5. NEUROLOGY CENTERS
9.5.1. Overview
9.5.2. Neurology Centers Market Forecast and Analysis
9.6. AMBULATORY CARE CENTERS
9.6.1. Overview
9.6.2. Ambulatory Care Centers Market Forecast and Analysis
9.7. RESEARCH LABORATORIES AND ACADEMIC INSTITUTES
9.7.1. Overview
9.7.2. Research Laboratories and Academic Institutes Market Forecast and Analysis
10. NEURODIAGNOSTICS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Neurodiagnostics Market Overview
10.1.2 North America Neurodiagnostics Market Forecasts and Analysis
10.1.3 North America Neurodiagnostics Market Forecasts and Analysis - By Product
10.1.4 North America Neurodiagnostics Market Forecasts and Analysis - By Indication
10.1.5 North America Neurodiagnostics Market Forecasts and Analysis - By End User
10.1.6 North America Neurodiagnostics Market Forecasts and Analysis - By Countries
10.1.6.1 United States Neurodiagnostics Market
10.1.6.1.1 United States Neurodiagnostics Market by Product
10.1.6.1.2 United States Neurodiagnostics Market by Indication
10.1.6.1.3 United States Neurodiagnostics Market by End User
10.1.6.2 Canada Neurodiagnostics Market
10.1.6.2.1 Canada Neurodiagnostics Market by Product
10.1.6.2.2 Canada Neurodiagnostics Market by Indication
10.1.6.2.3 Canada Neurodiagnostics Market by End User
10.1.6.3 Mexico Neurodiagnostics Market
10.1.6.3.1 Mexico Neurodiagnostics Market by Product
10.1.6.3.2 Mexico Neurodiagnostics Market by Indication
10.1.6.3.3 Mexico Neurodiagnostics Market by End User
10.2. EUROPE
10.2.1 Europe Neurodiagnostics Market Overview
10.2.2 Europe Neurodiagnostics Market Forecasts and Analysis
10.2.3 Europe Neurodiagnostics Market Forecasts and Analysis - By Product
10.2.4 Europe Neurodiagnostics Market Forecasts and Analysis - By Indication
10.2.5 Europe Neurodiagnostics Market Forecasts and Analysis - By End User
10.2.6 Europe Neurodiagnostics Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Neurodiagnostics Market
10.2.6.1.1 Germany Neurodiagnostics Market by Product
10.2.6.1.2 Germany Neurodiagnostics Market by Indication
10.2.6.1.3 Germany Neurodiagnostics Market by End User
10.2.6.2 France Neurodiagnostics Market
10.2.6.2.1 France Neurodiagnostics Market by Product
10.2.6.2.2 France Neurodiagnostics Market by Indication
10.2.6.2.3 France Neurodiagnostics Market by End User
10.2.6.3 Italy Neurodiagnostics Market
10.2.6.3.1 Italy Neurodiagnostics Market by Product
10.2.6.3.2 Italy Neurodiagnostics Market by Indication
10.2.6.3.3 Italy Neurodiagnostics Market by End User
10.2.6.4 Spain Neurodiagnostics Market
10.2.6.4.1 Spain Neurodiagnostics Market by Product
10.2.6.4.2 Spain Neurodiagnostics Market by Indication
10.2.6.4.3 Spain Neurodiagnostics Market by End User
10.2.6.5 United Kingdom Neurodiagnostics Market
10.2.6.5.1 United Kingdom Neurodiagnostics Market by Product
10.2.6.5.2 United Kingdom Neurodiagnostics Market by Indication
10.2.6.5.3 United Kingdom Neurodiagnostics Market by End User
10.2.6.6 Rest of Europe Neurodiagnostics Market
10.2.6.6.1 Rest of Europe Neurodiagnostics Market by Product
10.2.6.6.2 Rest of Europe Neurodiagnostics Market by Indication
10.2.6.6.3 Rest of Europe Neurodiagnostics Market by End User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Neurodiagnostics Market Overview
10.3.2 Asia-Pacific Neurodiagnostics Market Forecasts and Analysis
10.3.3 Asia-Pacific Neurodiagnostics Market Forecasts and Analysis - By Product
10.3.4 Asia-Pacific Neurodiagnostics Market Forecasts and Analysis - By Indication
10.3.5 Asia-Pacific Neurodiagnostics Market Forecasts and Analysis - By End User
10.3.6 Asia-Pacific Neurodiagnostics Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Neurodiagnostics Market
10.3.6.1.1 Australia Neurodiagnostics Market by Product
10.3.6.1.2 Australia Neurodiagnostics Market by Indication
10.3.6.1.3 Australia Neurodiagnostics Market by End User
10.3.6.2 China Neurodiagnostics Market
10.3.6.2.1 China Neurodiagnostics Market by Product
10.3.6.2.2 China Neurodiagnostics Market by Indication
10.3.6.2.3 China Neurodiagnostics Market by End User
10.3.6.3 India Neurodiagnostics Market
10.3.6.3.1 India Neurodiagnostics Market by Product
10.3.6.3.2 India Neurodiagnostics Market by Indication
10.3.6.3.3 India Neurodiagnostics Market by End User
10.3.6.4 Japan Neurodiagnostics Market
10.3.6.4.1 Japan Neurodiagnostics Market by Product
10.3.6.4.2 Japan Neurodiagnostics Market by Indication
10.3.6.4.3 Japan Neurodiagnostics Market by End User
10.3.6.5 South Korea Neurodiagnostics Market
10.3.6.5.1 South Korea Neurodiagnostics Market by Product
10.3.6.5.2 South Korea Neurodiagnostics Market by Indication
10.3.6.5.3 South Korea Neurodiagnostics Market by End User
10.3.6.6 Rest of Asia-Pacific Neurodiagnostics Market
10.3.6.6.1 Rest of Asia-Pacific Neurodiagnostics Market by Product
10.3.6.6.2 Rest of Asia-Pacific Neurodiagnostics Market by Indication
10.3.6.6.3 Rest of Asia-Pacific Neurodiagnostics Market by End User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Neurodiagnostics Market Overview
10.4.2 Middle East and Africa Neurodiagnostics Market Forecasts and Analysis
10.4.3 Middle East and Africa Neurodiagnostics Market Forecasts and Analysis - By Product
10.4.4 Middle East and Africa Neurodiagnostics Market Forecasts and Analysis - By Indication
10.4.5 Middle East and Africa Neurodiagnostics Market Forecasts and Analysis - By End User
10.4.6 Middle East and Africa Neurodiagnostics Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Neurodiagnostics Market
10.4.6.1.1 South Africa Neurodiagnostics Market by Product
10.4.6.1.2 South Africa Neurodiagnostics Market by Indication
10.4.6.1.3 South Africa Neurodiagnostics Market by End User
10.4.6.2 Saudi Arabia Neurodiagnostics Market
10.4.6.2.1 Saudi Arabia Neurodiagnostics Market by Product
10.4.6.2.2 Saudi Arabia Neurodiagnostics Market by Indication
10.4.6.2.3 Saudi Arabia Neurodiagnostics Market by End User
10.4.6.3 U.A.E Neurodiagnostics Market
10.4.6.3.1 U.A.E Neurodiagnostics Market by Product
10.4.6.3.2 U.A.E Neurodiagnostics Market by Indication
10.4.6.3.3 U.A.E Neurodiagnostics Market by End User
10.4.6.4 Rest of Middle East and Africa Neurodiagnostics Market
10.4.6.4.1 Rest of Middle East and Africa Neurodiagnostics Market by Product
10.4.6.4.2 Rest of Middle East and Africa Neurodiagnostics Market by Indication
10.4.6.4.3 Rest of Middle East and Africa Neurodiagnostics Market by End User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Neurodiagnostics Market Overview
10.5.2 South and Central America Neurodiagnostics Market Forecasts and Analysis
10.5.3 South and Central America Neurodiagnostics Market Forecasts and Analysis - By Product
10.5.4 South and Central America Neurodiagnostics Market Forecasts and Analysis - By Indication
10.5.5 South and Central America Neurodiagnostics Market Forecasts and Analysis - By End User
10.5.6 South and Central America Neurodiagnostics Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Neurodiagnostics Market
10.5.6.1.1 Brazil Neurodiagnostics Market by Product
10.5.6.1.2 Brazil Neurodiagnostics Market by Indication
10.5.6.1.3 Brazil Neurodiagnostics Market by End User
10.5.6.2 Argentina Neurodiagnostics Market
10.5.6.2.1 Argentina Neurodiagnostics Market by Product
10.5.6.2.2 Argentina Neurodiagnostics Market by Indication
10.5.6.2.3 Argentina Neurodiagnostics Market by End User
10.5.6.3 Rest of South and Central America Neurodiagnostics Market
10.5.6.3.1 Rest of South and Central America Neurodiagnostics Market by Product
10.5.6.3.2 Rest of South and Central America Neurodiagnostics Market by Indication
10.5.6.3.3 Rest of South and Central America Neurodiagnostics Market by End User
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. NEURODIAGNOSTICS MARKET, KEY COMPANY PROFILES
12.1. GENERAL ELECTRIC COMPANY
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. KONINKLIJKE PHILIPS N.V.
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. SIEMENS HEALTHCARE GMBH
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. HITACHI, LTD.
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. CANON MEDICAL SYSTEMS, USA
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. NATUS MEDICAL INCORPORATED
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. NIHON KOHDEN CORPORATION
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. ADVANCED BRAIN MONITORING, INC.
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. LIFELINES NEURO COMPANY, LLC
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. MITSAR CO., LTD.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
- General Electric Company
- Koninklijke Philips N.V.
- Siemens Healthcare GmbH
- Hitachi, Ltd.
- Canon Medical Systems, USA
- Natus Medical Incorporated
- NIHON KOHDEN CORPORATION
- Advanced Brain Monitoring, Inc.
- Lifelines Neuro Company, LLC
- Mitsar Co., Ltd.
- Thermo Fisher Scientific, Inc.
- ANT Neuro
- Neusoft Medical Systems Co., Ltd.
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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