Operating Room Management Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
MARKET SCOPE
The "Global Operating Room Management Market Analysis to 2028" 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 Operating Room Management market with detailed market segmentation by component, solution, delivery mode, end user, and geography. The report provides key statistics on the market status of the leading Operating Room Management market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on component, the global Operating Room Management market is segmented into Software and Services.
- Based on Solution, the global Operating Room Management market is segmented into Operating Room Scheduling Solutions, Operating Room Supply Management Solutions, Anesthesia Information Management Systems, Data Management and Communication Solutions, Performance Management Solutions, and Other Solutions.
- Based on delivery mode, the global Operating Room Management market is segmented into On-Premise Solutions, Web-Based Solutions and Cloud-Based Solutions.
- Based on end-user, the global Operating Room Management market is segmented into Hospitals and Ambulatory Surgical Centers.
MARKET DYNAMICS
Drivers
- Growing prevalence of chronic diseases
- Rising geriatric population
Restraints
- High Pricing and Maintenance Costs of ORM software
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 Operating Room Management 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 marketduring 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 Operating Room Management market in these regions.
IMPACT OF COVID-19 ON OPERATING ROOM MANAGEMENT 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. Moreover, the epidemic has resulted in a temporary restriction on elective operations all over the world, resulting in elective surgery cancellations all over the world. According to a paper issued by CovidSurg Collaborative researchers, about 28 million procedures were cancelled throughout the world during the COVID-19 pandemic's peak interruption period of 12 weeks.
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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 Operating Room Management 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 marketduring 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 Operating Room Management market in these regions.
IMPACT OF COVID-19 ON OPERATING ROOM MANAGEMENT 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. Moreover, the epidemic has resulted in a temporary restriction on elective operations all over the world, resulting in elective surgery cancellations all over the world. According to a paper issued by CovidSurg Collaborative researchers, about 28 million procedures were cancelled throughout the world during the COVID-19 pandemic's peak interruption period of 12 weeks.
MARKET PLAYERS
The report covers key developments in the Operating Room Management 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 Operating Room Management market are anticipated to lucrative growth opportunities in the future with the rising demand for Operating Room Management in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Operating Room Management 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.
1. BD
2. Cerner Corporation
3. General Electric Company
4. McKesson Corporation
5. STERIS plc.
6. Picis Clinical Solutions, Inc.
7. Omnicell, Inc.
8. Getinge AB
9. Richard Wolf GmbH
10. Surgical Information Systems
11. DaVita, Inc
12. Surgical Information Systems
13. Optum
14. Meditech
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
![Segment Covered](https://www.theinsightpartners.com/assets/rdimages/segment_covered.png)
Segment Covered
This text is related
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 Operating Room Management Market - By Component
1.3.2 Operating Room Management Market - By Solution
1.3.3 Operating Room Management Market - By Delivery Mode
1.3.4 Operating Room Management Market - By End-User
1.3.5 Operating Room Management Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. OPERATING ROOM MANAGEMENT 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. OPERATING ROOM MANAGEMENT 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. OPERATING ROOM MANAGEMENT MARKET - GLOBAL MARKET ANALYSIS
6.1. OPERATING ROOM MANAGEMENT - GLOBAL MARKET OVERVIEW
6.2. OPERATING ROOM MANAGEMENT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. OPERATING ROOM MANAGEMENT MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. SOFTWARE
7.3.1. Overview
7.3.2. Software Market Forecast and Analysis
7.4. SERVICES
7.4.1. Overview
7.4.2. Services Market Forecast and Analysis
8. OPERATING ROOM MANAGEMENT MARKET - REVENUE AND FORECASTS TO 2028 - SOLUTION
8.1. OVERVIEW
8.2. SOLUTION MARKET FORECASTS AND ANALYSIS
8.3. OPERATING ROOM SCHEDULING SOLUTIONS
8.3.1. Overview
8.3.2. Operating Room Scheduling Solutions Market Forecast and Analysis
8.4. OPERATING ROOM SUPPLY MANAGEMENT SOLUTIONS
8.4.1. Overview
8.4.2. Operating Room Supply Management Solutions Market Forecast and Analysis
8.5. ANESTHESIA INFORMATION MANAGEMENT SYSTEMS
8.5.1. Overview
8.5.2. Anesthesia Information Management Systems Market Forecast and Analysis
8.6. DATA MANAGEMENT AND COMMUNICATION SOLUTIONS
8.6.1. Overview
8.6.2. Data Management and Communication Solutions Market Forecast and Analysis
9. OPERATING ROOM MANAGEMENT MARKET - REVENUE AND FORECASTS TO 2028 - DELIVERY MODE
9.1. OVERVIEW
9.2. DELIVERY MODE MARKET FORECASTS AND ANALYSIS
9.3. ON-PREMISE
9.3.1. Overview
9.3.2. On-Premise Market Forecast and Analysis
9.4. WEB-BASED
9.4.1. Overview
9.4.2. Web-Based Market Forecast and Analysis
9.5. CLOUD-BASED
9.5.1. Overview
9.5.2. Cloud-Based Market Forecast and Analysis
9.6. PERFORMANCE MANAGEMENT SOLUTIONS
9.6.1. Overview
9.6.2. Performance Management Solutions Market Forecast and Analysis
9.7. OTHER SOLUTIONS
9.7.1. Overview
9.7.2. Other Solutions Market Forecast and Analysis
10. OPERATING ROOM MANAGEMENT MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
10.1. OVERVIEW
10.2. END-USER MARKET FORECASTS AND ANALYSIS
10.3. HOSPITALS
10.3.1. Overview
10.3.2. Hospitals Market Forecast and Analysis
10.4. AMBULATORY SURGERY CENTERS
10.4.1. Overview
10.4.2. Ambulatory Surgery Centers Market Forecast and Analysis
11. OPERATING ROOM MANAGEMENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Operating Room Management Market Overview
11.1.2 North America Operating Room Management Market Forecasts and Analysis
11.1.3 North America Operating Room Management Market Forecasts and Analysis - By Component
11.1.4 North America Operating Room Management Market Forecasts and Analysis - By Solution
11.1.5 North America Operating Room Management Market Forecasts and Analysis - By Delivery Mode
11.1.6 North America Operating Room Management Market Forecasts and Analysis - By End-User
11.1.7 North America Operating Room Management Market Forecasts and Analysis - By Countries
11.1.7.1 United States Operating Room Management Market
11.1.7.1.1 United States Operating Room Management Market by Component
11.1.7.1.2 United States Operating Room Management Market by Solution
11.1.7.1.3 United States Operating Room Management Market by Delivery Mode
11.1.7.1.4 United States Operating Room Management Market by End-User
11.1.7.2 Canada Operating Room Management Market
11.1.7.2.1 Canada Operating Room Management Market by Component
11.1.7.2.2 Canada Operating Room Management Market by Solution
11.1.7.2.3 Canada Operating Room Management Market by Delivery Mode
11.1.7.2.4 Canada Operating Room Management Market by End-User
11.1.7.3 Mexico Operating Room Management Market
11.1.7.3.1 Mexico Operating Room Management Market by Component
11.1.7.3.2 Mexico Operating Room Management Market by Solution
11.1.7.3.3 Mexico Operating Room Management Market by Delivery Mode
11.1.7.3.4 Mexico Operating Room Management Market by End-User
11.2. EUROPE
11.2.1 Europe Operating Room Management Market Overview
11.2.2 Europe Operating Room Management Market Forecasts and Analysis
11.2.3 Europe Operating Room Management Market Forecasts and Analysis - By Component
11.2.4 Europe Operating Room Management Market Forecasts and Analysis - By Solution
11.2.5 Europe Operating Room Management Market Forecasts and Analysis - By Delivery Mode
11.2.6 Europe Operating Room Management Market Forecasts and Analysis - By End-User
11.2.7 Europe Operating Room Management Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Operating Room Management Market
11.2.7.1.1 Germany Operating Room Management Market by Component
11.2.7.1.2 Germany Operating Room Management Market by Solution
11.2.7.1.3 Germany Operating Room Management Market by Delivery Mode
11.2.7.1.4 Germany Operating Room Management Market by End-User
11.2.7.2 France Operating Room Management Market
11.2.7.2.1 France Operating Room Management Market by Component
11.2.7.2.2 France Operating Room Management Market by Solution
11.2.7.2.3 France Operating Room Management Market by Delivery Mode
11.2.7.2.4 France Operating Room Management Market by End-User
11.2.7.3 Italy Operating Room Management Market
11.2.7.3.1 Italy Operating Room Management Market by Component
11.2.7.3.2 Italy Operating Room Management Market by Solution
11.2.7.3.3 Italy Operating Room Management Market by Delivery Mode
11.2.7.3.4 Italy Operating Room Management Market by End-User
11.2.7.4 Spain Operating Room Management Market
11.2.7.4.1 Spain Operating Room Management Market by Component
11.2.7.4.2 Spain Operating Room Management Market by Solution
11.2.7.4.3 Spain Operating Room Management Market by Delivery Mode
11.2.7.4.4 Spain Operating Room Management Market by End-User
11.2.7.5 United Kingdom Operating Room Management Market
11.2.7.5.1 United Kingdom Operating Room Management Market by Component
11.2.7.5.2 United Kingdom Operating Room Management Market by Solution
11.2.7.5.3 United Kingdom Operating Room Management Market by Delivery Mode
11.2.7.5.4 United Kingdom Operating Room Management Market by End-User
11.2.7.6 Rest of Europe Operating Room Management Market
11.2.7.6.1 Rest of Europe Operating Room Management Market by Component
11.2.7.6.2 Rest of Europe Operating Room Management Market by Solution
11.2.7.6.3 Rest of Europe Operating Room Management Market by Delivery Mode
11.2.7.6.4 Rest of Europe Operating Room Management Market by End-User
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Operating Room Management Market Overview
11.3.2 Asia-Pacific Operating Room Management Market Forecasts and Analysis
11.3.3 Asia-Pacific Operating Room Management Market Forecasts and Analysis - By Component
11.3.4 Asia-Pacific Operating Room Management Market Forecasts and Analysis - By Solution
11.3.5 Asia-Pacific Operating Room Management Market Forecasts and Analysis - By Delivery Mode
11.3.6 Asia-Pacific Operating Room Management Market Forecasts and Analysis - By End-User
11.3.7 Asia-Pacific Operating Room Management Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Operating Room Management Market
11.3.7.1.1 Australia Operating Room Management Market by Component
11.3.7.1.2 Australia Operating Room Management Market by Solution
11.3.7.1.3 Australia Operating Room Management Market by Delivery Mode
11.3.7.1.4 Australia Operating Room Management Market by End-User
11.3.7.2 China Operating Room Management Market
11.3.7.2.1 China Operating Room Management Market by Component
11.3.7.2.2 China Operating Room Management Market by Solution
11.3.7.2.3 China Operating Room Management Market by Delivery Mode
11.3.7.2.4 China Operating Room Management Market by End-User
11.3.7.3 India Operating Room Management Market
11.3.7.3.1 India Operating Room Management Market by Component
11.3.7.3.2 India Operating Room Management Market by Solution
11.3.7.3.3 India Operating Room Management Market by Delivery Mode
11.3.7.3.4 India Operating Room Management Market by End-User
11.3.7.4 Japan Operating Room Management Market
11.3.7.4.1 Japan Operating Room Management Market by Component
11.3.7.4.2 Japan Operating Room Management Market by Solution
11.3.7.4.3 Japan Operating Room Management Market by Delivery Mode
11.3.7.4.4 Japan Operating Room Management Market by End-User
11.3.7.5 South Korea Operating Room Management Market
11.3.7.5.1 South Korea Operating Room Management Market by Component
11.3.7.5.2 South Korea Operating Room Management Market by Solution
11.3.7.5.3 South Korea Operating Room Management Market by Delivery Mode
11.3.7.5.4 South Korea Operating Room Management Market by End-User
11.3.7.6 Rest of Asia-Pacific Operating Room Management Market
11.3.7.6.1 Rest of Asia-Pacific Operating Room Management Market by Component
11.3.7.6.2 Rest of Asia-Pacific Operating Room Management Market by Solution
11.3.7.6.3 Rest of Asia-Pacific Operating Room Management Market by Delivery Mode
11.3.7.6.4 Rest of Asia-Pacific Operating Room Management Market by End-User
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Operating Room Management Market Overview
11.4.2 Middle East and Africa Operating Room Management Market Forecasts and Analysis
11.4.3 Middle East and Africa Operating Room Management Market Forecasts and Analysis - By Component
11.4.4 Middle East and Africa Operating Room Management Market Forecasts and Analysis - By Solution
11.4.5 Middle East and Africa Operating Room Management Market Forecasts and Analysis - By Delivery Mode
11.4.6 Middle East and Africa Operating Room Management Market Forecasts and Analysis - By End-User
11.4.7 Middle East and Africa Operating Room Management Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Operating Room Management Market
11.4.7.1.1 South Africa Operating Room Management Market by Component
11.4.7.1.2 South Africa Operating Room Management Market by Solution
11.4.7.1.3 South Africa Operating Room Management Market by Delivery Mode
11.4.7.1.4 South Africa Operating Room Management Market by End-User
11.4.7.2 Saudi Arabia Operating Room Management Market
11.4.7.2.1 Saudi Arabia Operating Room Management Market by Component
11.4.7.2.2 Saudi Arabia Operating Room Management Market by Solution
11.4.7.2.3 Saudi Arabia Operating Room Management Market by Delivery Mode
11.4.7.2.4 Saudi Arabia Operating Room Management Market by End-User
11.4.7.3 U.A.E Operating Room Management Market
11.4.7.3.1 U.A.E Operating Room Management Market by Component
11.4.7.3.2 U.A.E Operating Room Management Market by Solution
11.4.7.3.3 U.A.E Operating Room Management Market by Delivery Mode
11.4.7.3.4 U.A.E Operating Room Management Market by End-User
11.4.7.4 Rest of Middle East and Africa Operating Room Management Market
11.4.7.4.1 Rest of Middle East and Africa Operating Room Management Market by Component
11.4.7.4.2 Rest of Middle East and Africa Operating Room Management Market by Solution
11.4.7.4.3 Rest of Middle East and Africa Operating Room Management Market by Delivery Mode
11.4.7.4.4 Rest of Middle East and Africa Operating Room Management Market by End-User
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Operating Room Management Market Overview
11.5.2 South and Central America Operating Room Management Market Forecasts and Analysis
11.5.3 South and Central America Operating Room Management Market Forecasts and Analysis - By Component
11.5.4 South and Central America Operating Room Management Market Forecasts and Analysis - By Solution
11.5.5 South and Central America Operating Room Management Market Forecasts and Analysis - By Delivery Mode
11.5.6 South and Central America Operating Room Management Market Forecasts and Analysis - By End-User
11.5.7 South and Central America Operating Room Management Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Operating Room Management Market
11.5.7.1.1 Brazil Operating Room Management Market by Component
11.5.7.1.2 Brazil Operating Room Management Market by Solution
11.5.7.1.3 Brazil Operating Room Management Market by Delivery Mode
11.5.7.1.4 Brazil Operating Room Management Market by End-User
11.5.7.2 Argentina Operating Room Management Market
11.5.7.2.1 Argentina Operating Room Management Market by Component
11.5.7.2.2 Argentina Operating Room Management Market by Solution
11.5.7.2.3 Argentina Operating Room Management Market by Delivery Mode
11.5.7.2.4 Argentina Operating Room Management Market by End-User
11.5.7.3 Rest of South and Central America Operating Room Management Market
11.5.7.3.1 Rest of South and Central America Operating Room Management Market by Component
11.5.7.3.2 Rest of South and Central America Operating Room Management Market by Solution
11.5.7.3.3 Rest of South and Central America Operating Room Management Market by Delivery Mode
11.5.7.3.4 Rest of South and Central America Operating Room Management Market by End-User
12. IMPACT OF COVID-19 PANDEMIC ON GLOBAL OPERATING ROOM MANAGEMENT MARKET
12.1 North America
12.2 Europe
12.3 Asia-Pacific
12.4 Middle East and Africa
12.5 South and Central America
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. OPERATING ROOM MANAGEMENT MARKET, KEY COMPANY PROFILES
14.1. PICIS CLINICAL SOLUTIONS INC.
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Products and Services
14.1.4. Financial Overview
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. OMNICELL INC.
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Products and Services
14.2.4. Financial Overview
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. MCKESSON CORPORATION
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Products and Services
14.3.4. Financial Overview
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. ALLSCRIPTS HEALTHCARE SOLUTIONS, INC.
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Products and Services
14.4.4. Financial Overview
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. , GETINGE AB
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Products and Services
14.5.4. Financial Overview
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. RICHARD WOLF GMBH
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Products and Services
14.6.4. Financial Overview
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. CERNER CORP.
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Products and Services
14.7.4. Financial Overview
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. STERIS PLC,
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. NEXUS AG,
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. GENERAL ELECTRIC COMPANY
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
1. BD
2. Cerner Corporation
3. General Electric Company
4. McKesson Corporation
5. STERIS plc.
6. Picis Clinical Solutions, Inc.
7. Omnicell, Inc.
8. Getinge AB
9. Richard Wolf GmbH
10. Surgical Information Systems
11. DaVita, Inc
12. Surgical Information Systems
13. Optum
14. Meditech
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.