Pulmonary Dilation Balloon Market Strategies and Share 2031
The pulmonary dilation balloon is a technique that is used for the treatment of pulmonary valve stenosis treatment. A person suffering from pulmonary valve stenosis has an abnormality or some deformity in or on the vicinity of the pulmonary valve, and this abnormality slows down the blood flow. The functionality of the pulmonary valve is to aids the blood flow from the heart to the lungs. In most of the cases, the stenosis is developed before birth. However, in adults, pulmonary valve stenosis is present as a complication of some other illness. It is used for the endoscopic dilation of the strictures of the airway tree. A pulmonary dilation balloon is designed exclusively and offers gradual, successive dilation of strictures. Pulmonary valve stenosis can also be treated by other methods, but pulmonary dilation balloon has emerged as the most used method over the past few years..
MARKET SCOPE
The "Global Pulmonary Dilation Balloon 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 pulmonary dilation balloon market with detailed market segmentation by product type, material type, end-users and geography. The report provides key statistics on the market status of the leading pulmonary dilation balloon market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on product type, the global pulmonary dilation balloon market is segmented into 2 cm, 3 cm, and 5.5 cm.
- On the basis of material type, the market is bifurcated into single-use pulmonary balloon dilator, and others.
- On the basis of end-users, the market is bifurcated into ambulatory surgical centers, hospitals, and clinics.
MARKET DYNAMICS
Drivers
- Increase in the number of congenital heart diseases and the early diagnosis of the diseases due to the availability of better medical facilities are expected to drive the growth of the global pulmonary dilation balloon market.
- The minimally invasive pulmonary balloon procedure is favoring its adoption over the conventional surgical methods fuels the market growth.
- The success rate of the pulmonary dilation balloon procedure is more propel the market's growth during the forecast period.
- The growing requirements for quality inspection and surge in demand favor the development of the market.
- Technological advancements in pulmonary dilation balloon boost the pulmonary dilation balloon market growth.
Restraints
- Growing demands from the surgical procedure.
- In some patients, complications regarding pulmonary valve stenosis.
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 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 pulmonary dilation balloon 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 pulmonary dilation balloon market in these regions.
IMPACT OF COVID-19 ON PULMONARY DILATION BALLOON 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, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of 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. The shutdown of various plants and factories has affected the global supply chains and impacted the overall global market. As the COVID-19 pandemic grows, implementation of various guidelines and imposed restrictions have impacted footfalls to hospitals and treatment centers, and sustained focus on breaking the chain of infection and transmission of the virus to prevent the spread of COVID-19 disease and all non-essential surgical procedures have been cancelled or postponed. With fewer patients coming to hospitals, limited surgical procedures being carried out, and little doctor-patient contact, leads to risk for both patients and healthcare personnel in a healthcare environment. As treatment regarding cardiac disorders may evolve rapidly. But due to a surge in infection, only emergency procedures were permitted. Therefore, procedures have been significantly affected. However, due to the increasing patient demand for pulmonary dilation balloon procedures, the market will grow substantially during the forecast period.
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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 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 pulmonary dilation balloon 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 pulmonary dilation balloon market in these regions.
IMPACT OF COVID-19 ON PULMONARY DILATION BALLOON 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, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of 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. The shutdown of various plants and factories has affected the global supply chains and impacted the overall global market. As the COVID-19 pandemic grows, implementation of various guidelines and imposed restrictions have impacted footfalls to hospitals and treatment centers, and sustained focus on breaking the chain of infection and transmission of the virus to prevent the spread of COVID-19 disease and all non-essential surgical procedures have been cancelled or postponed. With fewer patients coming to hospitals, limited surgical procedures being carried out, and little doctor-patient contact, leads to risk for both patients and healthcare personnel in a healthcare environment. As treatment regarding cardiac disorders may evolve rapidly. But due to a surge in infection, only emergency procedures were permitted. Therefore, procedures have been significantly affected. However, due to the increasing patient demand for pulmonary dilation balloon procedures, the market will grow substantially during the forecast period.
MARKET PLAYERS
The report covers key developments in the pulmonary dilation balloon 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 market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from pulmonary dilation balloon market are anticipated to have lucrative growth opportunities in the future with the rising demand for pulmonary dilation balloon in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the pulmonary dilation balloon 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.
- Envaste Medical Instruments
- Boston Scientific Corporation
- Creganna Medical
- Merit Medical Endotek
- J&J Medical Devices
- B. Braun Interventional Systems Inc
- Conmed
- Lepu Medical
- Duke Empirical
- Medorah
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 Pulmonary Dilation Balloon Market - By Product Type
1.3.2 Pulmonary Dilation Balloon Market - By Material Type
1.3.3 Pulmonary Dilation Balloon Market - By End-users
1.3.4 Pulmonary Dilation Balloon Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PULMONARY DILATION BALLOON 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. PULMONARY DILATION BALLOON 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. PULMONARY DILATION BALLOON MARKET - GLOBAL MARKET ANALYSIS
6.1. PULMONARY DILATION BALLOON - GLOBAL MARKET OVERVIEW
6.2. PULMONARY DILATION BALLOON - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. PULMONARY DILATION BALLOON MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. 2 CM
7.3.1. Overview
7.3.2. 2 cm Market Forecast and Analysis
7.4. 3 CM
7.4.1. Overview
7.4.2. 3 cm Market Forecast and Analysis
7.5. 5.5 CM
7.5.1. Overview
7.5.2. 5.5 cm Market Forecast and Analysis
8. PULMONARY DILATION BALLOON MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL TYPE
8.1. OVERVIEW
8.2. MATERIAL TYPE MARKET FORECASTS AND ANALYSIS
8.3. SINGLE-USE PULMONARY BALLOON DILATOR
8.3.1. Overview
8.3.2. Single-use pulmonary balloon dilator Market Forecast and Analysis
8.4. OTHERS
8.4.1. Overview
8.4.2. Others Market Forecast and Analysis
9. PULMONARY DILATION BALLOON MARKET - REVENUE AND FORECASTS TO 2028 - END-USERS
9.1. OVERVIEW
9.2. END-USERS MARKET FORECASTS AND ANALYSIS
9.3. AMBULATORY SURGICAL CENTERS
9.3.1. Overview
9.3.2. Ambulatory Surgical Centers Market Forecast and Analysis
9.4. HOSPITALS
9.4.1. Overview
9.4.2. Hospitals Market Forecast and Analysis
9.5. CLINICS.
9.5.1. Overview
9.5.2. Clinics. Market Forecast and Analysis
10. PULMONARY DILATION BALLOON MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Pulmonary Dilation Balloon Market Overview
10.1.2 North America Pulmonary Dilation Balloon Market Forecasts and Analysis
10.1.3 North America Pulmonary Dilation Balloon Market Forecasts and Analysis - By Product Type
10.1.4 North America Pulmonary Dilation Balloon Market Forecasts and Analysis - By Material Type
10.1.5 North America Pulmonary Dilation Balloon Market Forecasts and Analysis - By End-users
10.1.6 North America Pulmonary Dilation Balloon Market Forecasts and Analysis - By Countries
10.1.6.1 Canada Pulmonary Dilation Balloon Market
10.1.6.1.1 Canada Pulmonary Dilation Balloon Market by Product Type
10.1.6.1.2 Canada Pulmonary Dilation Balloon Market by Material Type
10.1.6.1.3 Canada Pulmonary Dilation Balloon Market by End-users
10.1.6.2 Mexico Pulmonary Dilation Balloon Market
10.1.6.2.1 Mexico Pulmonary Dilation Balloon Market by Product Type
10.1.6.2.2 Mexico Pulmonary Dilation Balloon Market by Material Type
10.1.6.2.3 Mexico Pulmonary Dilation Balloon Market by End-users
10.1.6.3 US Pulmonary Dilation Balloon Market
10.1.6.3.1 US Pulmonary Dilation Balloon Market by Product Type
10.1.6.3.2 US Pulmonary Dilation Balloon Market by Material Type
10.1.6.3.3 US Pulmonary Dilation Balloon Market by End-users
10.2. EUROPE
10.2.1 Europe Pulmonary Dilation Balloon Market Overview
10.2.2 Europe Pulmonary Dilation Balloon Market Forecasts and Analysis
10.2.3 Europe Pulmonary Dilation Balloon Market Forecasts and Analysis - By Product Type
10.2.4 Europe Pulmonary Dilation Balloon Market Forecasts and Analysis - By Material Type
10.2.5 Europe Pulmonary Dilation Balloon Market Forecasts and Analysis - By End-users
10.2.6 Europe Pulmonary Dilation Balloon Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Pulmonary Dilation Balloon Market
10.2.6.1.1 Germany Pulmonary Dilation Balloon Market by Product Type
10.2.6.1.2 Germany Pulmonary Dilation Balloon Market by Material Type
10.2.6.1.3 Germany Pulmonary Dilation Balloon Market by End-users
10.2.6.2 France Pulmonary Dilation Balloon Market
10.2.6.2.1 France Pulmonary Dilation Balloon Market by Product Type
10.2.6.2.2 France Pulmonary Dilation Balloon Market by Material Type
10.2.6.2.3 France Pulmonary Dilation Balloon Market by End-users
10.2.6.3 Italy Pulmonary Dilation Balloon Market
10.2.6.3.1 Italy Pulmonary Dilation Balloon Market by Product Type
10.2.6.3.2 Italy Pulmonary Dilation Balloon Market by Material Type
10.2.6.3.3 Italy Pulmonary Dilation Balloon Market by End-users
10.2.6.4 Spain Pulmonary Dilation Balloon Market
10.2.6.4.1 Spain Pulmonary Dilation Balloon Market by Product Type
10.2.6.4.2 Spain Pulmonary Dilation Balloon Market by Material Type
10.2.6.4.3 Spain Pulmonary Dilation Balloon Market by End-users
10.2.6.5 United Kingdom Pulmonary Dilation Balloon Market
10.2.6.5.1 United Kingdom Pulmonary Dilation Balloon Market by Product Type
10.2.6.5.2 United Kingdom Pulmonary Dilation Balloon Market by Material Type
10.2.6.5.3 United Kingdom Pulmonary Dilation Balloon Market by End-users
10.2.6.6 Rest of Europe Pulmonary Dilation Balloon Market
10.2.6.6.1 Rest of Europe Pulmonary Dilation Balloon Market by Product Type
10.2.6.6.2 Rest of Europe Pulmonary Dilation Balloon Market by Material Type
10.2.6.6.3 Rest of Europe Pulmonary Dilation Balloon Market by End-users
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Pulmonary Dilation Balloon Market Overview
10.3.2 Asia-Pacific Pulmonary Dilation Balloon Market Forecasts and Analysis
10.3.3 Asia-Pacific Pulmonary Dilation Balloon Market Forecasts and Analysis - By Product Type
10.3.4 Asia-Pacific Pulmonary Dilation Balloon Market Forecasts and Analysis - By Material Type
10.3.5 Asia-Pacific Pulmonary Dilation Balloon Market Forecasts and Analysis - By End-users
10.3.6 Asia-Pacific Pulmonary Dilation Balloon Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Pulmonary Dilation Balloon Market
10.3.6.1.1 Australia Pulmonary Dilation Balloon Market by Product Type
10.3.6.1.2 Australia Pulmonary Dilation Balloon Market by Material Type
10.3.6.1.3 Australia Pulmonary Dilation Balloon Market by End-users
10.3.6.2 China Pulmonary Dilation Balloon Market
10.3.6.2.1 China Pulmonary Dilation Balloon Market by Product Type
10.3.6.2.2 China Pulmonary Dilation Balloon Market by Material Type
10.3.6.2.3 China Pulmonary Dilation Balloon Market by End-users
10.3.6.3 India Pulmonary Dilation Balloon Market
10.3.6.3.1 India Pulmonary Dilation Balloon Market by Product Type
10.3.6.3.2 India Pulmonary Dilation Balloon Market by Material Type
10.3.6.3.3 India Pulmonary Dilation Balloon Market by End-users
10.3.6.4 Japan Pulmonary Dilation Balloon Market
10.3.6.4.1 Japan Pulmonary Dilation Balloon Market by Product Type
10.3.6.4.2 Japan Pulmonary Dilation Balloon Market by Material Type
10.3.6.4.3 Japan Pulmonary Dilation Balloon Market by End-users
10.3.6.5 South Korea Pulmonary Dilation Balloon Market
10.3.6.5.1 South Korea Pulmonary Dilation Balloon Market by Product Type
10.3.6.5.2 South Korea Pulmonary Dilation Balloon Market by Material Type
10.3.6.5.3 South Korea Pulmonary Dilation Balloon Market by End-users
10.3.6.6 Rest of Asia-Pacific Pulmonary Dilation Balloon Market
10.3.6.6.1 Rest of Asia-Pacific Pulmonary Dilation Balloon Market by Product Type
10.3.6.6.2 Rest of Asia-Pacific Pulmonary Dilation Balloon Market by Material Type
10.3.6.6.3 Rest of Asia-Pacific Pulmonary Dilation Balloon Market by End-users
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Pulmonary Dilation Balloon Market Overview
10.4.2 Middle East and Africa Pulmonary Dilation Balloon Market Forecasts and Analysis
10.4.3 Middle East and Africa Pulmonary Dilation Balloon Market Forecasts and Analysis - By Product Type
10.4.4 Middle East and Africa Pulmonary Dilation Balloon Market Forecasts and Analysis - By Material Type
10.4.5 Middle East and Africa Pulmonary Dilation Balloon Market Forecasts and Analysis - By End-users
10.4.6 Middle East and Africa Pulmonary Dilation Balloon Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Pulmonary Dilation Balloon Market
10.4.6.1.1 South Africa Pulmonary Dilation Balloon Market by Product Type
10.4.6.1.2 South Africa Pulmonary Dilation Balloon Market by Material Type
10.4.6.1.3 South Africa Pulmonary Dilation Balloon Market by End-users
10.4.6.2 Saudi Arabia Pulmonary Dilation Balloon Market
10.4.6.2.1 Saudi Arabia Pulmonary Dilation Balloon Market by Product Type
10.4.6.2.2 Saudi Arabia Pulmonary Dilation Balloon Market by Material Type
10.4.6.2.3 Saudi Arabia Pulmonary Dilation Balloon Market by End-users
10.4.6.3 U.A.E Pulmonary Dilation Balloon Market
10.4.6.3.1 U.A.E Pulmonary Dilation Balloon Market by Product Type
10.4.6.3.2 U.A.E Pulmonary Dilation Balloon Market by Material Type
10.4.6.3.3 U.A.E Pulmonary Dilation Balloon Market by End-users
10.4.6.4 Rest of Middle East and Africa Pulmonary Dilation Balloon Market
10.4.6.4.1 Rest of Middle East and Africa Pulmonary Dilation Balloon Market by Product Type
10.4.6.4.2 Rest of Middle East and Africa Pulmonary Dilation Balloon Market by Material Type
10.4.6.4.3 Rest of Middle East and Africa Pulmonary Dilation Balloon Market by End-users
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Pulmonary Dilation Balloon Market Overview
10.5.2 South and Central America Pulmonary Dilation Balloon Market Forecasts and Analysis
10.5.3 South and Central America Pulmonary Dilation Balloon Market Forecasts and Analysis - By Product Type
10.5.4 South and Central America Pulmonary Dilation Balloon Market Forecasts and Analysis - By Material Type
10.5.5 South and Central America Pulmonary Dilation Balloon Market Forecasts and Analysis - By End-users
10.5.6 South and Central America Pulmonary Dilation Balloon Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Pulmonary Dilation Balloon Market
10.5.6.1.1 Brazil Pulmonary Dilation Balloon Market by Product Type
10.5.6.1.2 Brazil Pulmonary Dilation Balloon Market by Material Type
10.5.6.1.3 Brazil Pulmonary Dilation Balloon Market by End-users
10.5.6.2 Argentina Pulmonary Dilation Balloon Market
10.5.6.2.1 Argentina Pulmonary Dilation Balloon Market by Product Type
10.5.6.2.2 Argentina Pulmonary Dilation Balloon Market by Material Type
10.5.6.2.3 Argentina Pulmonary Dilation Balloon Market by End-users
10.5.6.3 Rest of South and Central America Pulmonary Dilation Balloon Market
10.5.6.3.1 Rest of South and Central America Pulmonary Dilation Balloon Market by Product Type
10.5.6.3.2 Rest of South and Central America Pulmonary Dilation Balloon Market by Material Type
10.5.6.3.3 Rest of South and Central America Pulmonary Dilation Balloon Market by End-users
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. PULMONARY DILATION BALLOON MARKET, KEY COMPANY PROFILES
12.1. ENVASTE MEDICAL INSTRUMENTS
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. BOSTON SCIENTIFIC CORPORATION
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. CREGANNA MEDICAL
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. MERIT MEDICAL ENDOTEK
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. J AND J MEDICAL DEVICES
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. B. BRAUN INTERVENTIONAL SYSTEMS INC
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. CONMED
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. LEPU MEDICAL
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. DUKE EMPIRICAL
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. MEDORAH
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
1. Envaste Medical Instruments
2. Boston Scientific Corporation
3. Creganna Medical
4. Merit Medical Endotek
5. J and J Medical Devices
6. B. Braun Interventional Systems Inc
7. Conmed
8. Lepu Medical
9. Duke Empirical
10. Medorah
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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