The SPECT equipment market in Europe is expected to grow from US$ 398.87 million in 2021 to US$ 525.36 million by 2028; it is estimated to grow at a CAGR of 4.0% from 2021 to 2028.
Gallium-67 is of a gold standard for tumour diagnosis and staging. Hybrid imaging using Ga-67 SPECT/CT enables the localization of lymphoma lesions. Ga-67 is a primarily used agent for the imaging of inflammation, because it has the ability to accumulate non-specifically in inflamed areas as a metal-transferrin complex, followed by further binding to transferrin receptors. Some of the market players, which provide Gallium Citrate GA-67 are Lantheus Medical Imaging and Mallinckrodt Nuclear. Diagnostic imaging has gained a significant role in the management of patients who are suffering from cancer and has made an additional step forward with the introduction of fusion techniques into the field. SPECT technology provides hybrid images of two independent modalities, a functional scintigraphic technique and an anatomical procedure, yielding a superior imaging study. Scintigraphy is based on the use of single-photon or positron-emitting tracers providing a description of function or processes, whereas computed tomography (CT), ultrasound, or magnetic resonance imaging (MRI) depict the precise localization and type of morphological changes that have occurred in the lesions. The recent introduction of a hybrid imaging device containing a low dose CT system and a gamma camera on a single gantry enabled the sequential acquisition of the two imaging modalities, with the subsequent merging of data into a composite image display.
Countries in the European regions were greatly affected due to the COVID-19 pandemic, particularly diagnostic practice. According to the findings published on PubMed, the pandemic posed a significant challenge to NM departments, and every center in Europe witnessed a workforce loss. To prevent COVID-19 transmission, NM agencies implemented restrictions such as postponing non-high-priority procedures. Due to COVID-19, several departments encountered delays in receiving radiopharmaceuticals, which are used in SPECT equipment, as well as technical help. As a result, the pandemic reduced the number of diagnostic and therapeutic NM operations performed, as well as the degree of care provided to patients with diseases other than COVID-19, such as cancer or acute cardiovascular disease. According to the results of the British Nuclear Medicine Society (BNMS) COVID-19 survey, around 97% of NM departments introduced procedures to limit SARS-CoV-2 transmission; at 68% of sites, standardized operating procedures were developed for running departments in pandemic situations. As per the global survey by Freudenberg et al., around 15% of the respondent departments modified working hours for less than 20% of the staff and reported a mean decline of 54.4% in diagnostic procedures. Nuclear scans decreased by a mean of 36%; thyroid scans decreased by 67%; myocardial studies by 66%; bone scans by 60%; lung scans by 56%; and sentinel lymph node procedures by 45%. Nearly all (97%) participating centers in the survey from Germany, Austria, and Switzerland reported a decline in diagnostic NM procedures. In addition, nuclear cardiology was one of the most affected branches of NM during the COVID-19 pandemic in the region. All non-urgent examinations were postponed, and a decrease in 32% and 31% of activity was observed in NHS England PET/CT services in April and May 2020, respectively. Apart from this, new findings supporting COVID-19 diagnosis are expected to accelerate the growth of SPECT Equipment in the region. With the role of SPECT in the COVID-19, the research studies can also pave the way in combating other epidemics in the future.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SPECT equipment market. The Europe SPECT equipment is expected to grow at a good CAGR during the forecast period.
Europe SPECT Equipment Market Revenue and Forecast to 2028 (US$ Million)
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Europe SPECT Equipment Market Segmentation
Europe SPECT Equipment Market – By Type
Europe SPECT Equipment Market – By Type
- Hybrid SPECT
- SPECT-CT
- SPECT-MR
- Standalone SPECT
Europe SPECT Equipment Market – By Radioisotopes
- Iodine-123
- Technetium-99m
- Xenon-133
- Thallium-201
- Ra-223
- Ga-66
- Other Radioisotopes
Europe SPECT Equipment Market – By Application
- Seizures
- Stroke
- Stress Fractures
- Infections
- Tumors
- Others
Europe SPECT Equipment Market – By End User
- Hospitals
- Imaging Centers
- Others
Europe SPECT Equipment Market- By Country
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
Europe SPECT Equipment Market-Companies Mentioned
- Bracco Imaging S.p.A.
- Bruker Corporation
- Cardinal Health, Inc
- Curium
- Lantheus Medical Imaging Inc.
- Mediso Ltd.
- MiE GmbH
- NTP RADIOISOTOPES
- Spectrum Dynamics Medical
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 Europe SPECT Equipment Market – By Type
1.3.2 Europe SPECT Equipment Market – By Radioisotope Type
1.3.3 Europe SPECT Equipment Market – By Application
1.3.4 Europe SPECT Equipment Market – By End User
1.3.5 Europe SPECT Equipment Market– By Country
2. Europe SPECT Equipment Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe SPECT Equipment Market– Market Landscape
4.1 Overview
4.2 Europe PEST Analysis
4.3 Experts Opinion
5. Europe SPECT Equipment Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Surge in Incidence of Cardiovascular Diseases
5.1.2 Advancements in Analysis of Tumor Imaging
5.2 Market Restraints
5.2.1 High Price
5.3 Market Opportunities
5.3.1 Recent Advances in SPECT Cameras
5.4 Future Trends
5.4.1 Restructuring the algorithm permits the technology to exhibit conclusive and detailed information
5.5 Impact Analysis
6. SPECT Equipment Market– Europe Analysis
6.1 Europe SPECT Equipment market Revenue Forecasts and Analysis
7. Europe SPECT Equipment Market Analysis – By Type
7.1 Overview
7.2 Europe SPECT Equipment Market by Type, 2021 & 2028 (%)
7.3 Hybrid SPECT Market
7.3.1 Overview
7.3.2 Hybrid SPECT Market Revenue and Forecasts to 2028 (US$ Mn)
7.3.3 SPECT-CT Market
7.3.3.1 Overview
7.3.3.2 SPECT-CT Market Revenue and Forecasts to 2028 (US$ Mn)
7.3.4 SPECT- MR Market
7.3.4.1 Overview
7.3.4.2 SPECT- MR Market Revenue and Forecasts to 2028 (US$ Mn)
7.4 Standalone SPECT Market
7.4.1 Overview
7.4.2 Standalone SPECT Market Revenue and Forecasts to 2028 (US$ Mn)
8. Europe SPECT Equipment Market Analysis – By Radioisotope Type
8.1 Overview
8.2 Europe SPECT Equipment Market by Radioisotope Type, 2021 & 2028 (%)
8.3 Iodine-123
8.3.1 Overview
8.3.2 Iodine-123 Market Revenue and Forecasts to 2028 (US$ Mn)
8.4 Technetium-99m
8.4.1 Overview
8.4.2 Technetium-99m Market Revenue and Forecasts to 2028 (US$ Mn)
8.5 Xenon-133
8.5.1 Overview
8.5.2 Xenon-133 Market Revenue and Forecasts to 2028 (US$ Mn)
8.6 Thallium -201
8.6.1 Overview
8.6.2 Thallium-201 Market Revenue and Forecasts to 2028 (US$ Mn)
8.7 Ra -223
8.7.1 Overview
8.7.2 Ra-223 Market Revenue and Forecasts to 2028 (US$ Mn)
8.8 Ga-66
8.8.1 Overview
8.8.2 Ga-66 Market Revenue and Forecasts to 2028 (US$ Mn)
8.9 Other Radioisotopes
8.9.1 Overview
8.9.2 Other Radioisotope Type Market Revenue and Forecasts to 2028 (US$ Mn)
9. Europe SPECT Equipment Market Analysis – By Application
9.1 Overview
9.2 Europe SPECT Equipment Market by Application, 2021 & 2028 (%)
9.3 Seizures
9.3.1 Overview
9.3.2 Seizures Market Revenue and Forecasts to 2028 (US$ Mn)
9.4 Stroke
9.4.1 Overview
9.4.2 Stroke Market Revenue and Forecasts to 2028 (US$ Mn)
9.5 Stress Fractures
9.5.1 Overview
9.5.2 Stress Fractures Market Revenue and Forecasts to 2028 (US$ Mn)
9.6 Infections
9.6.1 Overview
9.6.2 Infections Market Revenue and Forecasts to 2028 (US$ Mn)
9.7 Tumors
9.7.1 Overview
9.7.2 Tumors Market Revenue and Forecasts to 2028 (US$ Mn)
9.8 Others
9.8.1 Overview
9.8.2 Others Market Revenue and Forecasts to 2028 (US$ Mn)
10. Europe SPECT Equipment Market Analysis – By End User
10.1 Overview
10.2 Europe SPECT Equipment Market BY End user, 2021 & 2028 (%)
10.3 Hospitals
10.3.1 Overview
10.3.2 Hospitals Market Revenue and Forecasts to 2028 (US$ Mn)
10.4 Imaging centers
10.4.1 Overview
10.4.2 Imaging Centers Market Revenue and Forecasts to 2028 (US$ Mn)
10.5 Others
10.5.1 Overview
10.5.2 Others Market Revenue and Forecasts to 2028 (US$ Mn)
11. Europe SPECT Equipment Market –Country Analysis
11.1 Overview
11.1.1 Europe: SPECT Equipment Market, by Country, 2021 & 2028 (%)
11.1.1.1 Germany: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 Germany: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.2 Germany: SPECT Equipment Market, By Type, 2019–2028 (US$ Million)
11.1.1.1.2.1 Germany: SPECT Equipment Market, by Hybrid SPECT, 2019–2028 (US$ Million)
11.1.1.1.3 Germany: SPECT Equipment Market, by Radioisotope Type, 2019–2028 (US$ Million)
11.1.1.1.4 Germany: SPECT Equipment Market, by Application, 2019–2028 (US$ Million)
11.1.1.1.5 Germany: SPECT Equipment Market, by End User, 2019–2028 (US$ Million)
11.1.1.2 France: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 France: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.2 France: SPECT Equipment Market, By Type, 2019–2028 (US$ Million)
11.1.1.2.2.1 France: SPECT Equipment Market, by Hybrid SPECT, 2019–2028 (US$ Million)
11.1.1.2.3 France: SPECT Equipment Market, by Radioisotope Type, 2019–2028 (US$ Million)
11.1.1.2.4 France: SPECT Equipment Market, by Application, 2019–2028 (US$ Million)
11.1.1.2.5 France: SPECT Equipment Market, by End User, 2019–2028 (US$ Million)
11.1.1.3 UK: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 UK: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.2 UK: SPECT Equipment Market, By Type, 2019–2028 (US$ Million)
11.1.1.3.2.1 UK: SPECT Equipment Market, by Hybrid SPECT, 2019–2028 (US$ Million)
11.1.1.3.3 UK: SPECT Equipment Market, By Radioisotope Type, 2019–2028 (US$ Million)
11.1.1.3.4 UK: SPECT Equipment Market, by Application, 2019–2028 (US$ Million)
11.1.1.3.5 UK: SPECT Equipment Market, by End User, 2019–2028 (US$ Million)
11.1.1.4 Italy: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.1 Italy: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.2 Italy: SPECT Equipment Market, By Type, 2019–2028 (US$ Million)
11.1.1.4.2.1 Italy: SPECT Equipment Market, by Hybrid SPECT, 2019–2028 (US$ Million)
11.1.1.4.3 Italy: SPECT Equipment Market, By Radioisotope Type, 2019–2028 (US$ Million)
11.1.1.4.4 Italy: SPECT Equipment Market, by Application, 2019–2028 (US$ Million)
11.1.1.4.5 Italy: SPECT Equipment Market, by End User, 2019–2028 (US$ Million)
11.1.1.5 Spain: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.5.1 Spain: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.5.2 Spain: SPECT Equipment Market, By Type, 2019–2028 (US$ Million)
11.1.1.5.2.1 Spain: SPECT Equipment Market, by Hybrid SPECT, 2019–2028 (US$ Million)
11.1.1.5.3 Spain: SPECT Equipment Market, By Radioisotope Type, 2019–2028 (US$ Million)
11.1.1.5.4 Spain: SPECT Equipment Market, by End User, 2019–2028 (US$ Million)
11.1.1.5.5 Spain: SPECT Equipment Market, by End User, 2019–2028 (US$ Million)
11.1.1.6 Rest of Europe: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.6.1 Rest of Europe: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.6.2 Rest of Europe: SPECT Equipment Market, By Type, 2019–2028 (US$ Million)
11.1.1.6.2.1 Rest of Europe: SPECT Equipment Market, by Hybrid SPECT, 2019–2028 (US$ Million)
11.1.1.6.3 Rest of Europe: SPECT Equipment Market, By Radioisotope Type, 2019–2028 (US$ Million)
11.1.1.6.4 Rest of Europe: SPECT Equipment Market, by Application, 2019–2028 (US$ Million)
11.1.1.6.5 Rest of Europe: SPECT Equipment Market, by End User, 2019–2028 (US$ Million)
12. Impact Of COVID-19 Pandemic on Europe SPECT Equipment Market
12.1 Overview
13. Europe SPECT Equipment Market–Industry Landscape
13.1 Overview
13.2 Organic Developments
13.2.1 Overview
13.3 Inorganic Developments
13.3.1 Overview
14. Company Profiles
14.1 Cardinal Health 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 Curium
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.6 SWOT Analysis
14.2.7 Key Developments
14.3 Lantheus Medical Imaging, Inc.
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 Mediso Ltd
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 NTP RADIOISOTOPES
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 Bracco Imaging S.p.A
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 Bruker Corporation
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 MiE GmbH
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 Spectrum Dynamics Medical
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
15. Appendix
15.1 About The Insight Partners
15.2 Glossary of Terms
LIST OF TABLES
Table 1. Europe SPECT Equipment Market –Revenue and Forecast to 2028 (US$ Mn)
Table 2. Germany: SPECT Equipment Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany SPECT Equipment Market, by Hybrid SPECT – Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany: SPECT Equipment Market, by Radioisotope Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany: SPECT Equipment Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 6. Germany: SPECT Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million)
Table 7. France: SPECT Equipment Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. France SPECT Equipment Market, by Hybrid SPECT – Revenue and Forecast to 2028 (US$ Million)
Table 9. France: SPECT Equipment Market, by Radioisotope Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. France: SPECT Equipment Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 11. France: SPECT Equipment Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 12. UK: SPECT Equipment Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. UK SPECT Equipment Market, by Hybrid SPECT – Revenue and Forecast to 2028 (US$ Million)
Table 14. UK: SPECT Equipment Market, By Radioisotope Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. UK: SPECT Equipment Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 16. UK: SPECT Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million)
Table 17. Italy: SPECT Equipment Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 18. Italy SPECT Equipment Market, by Hybrid SPECT – Revenue and Forecast to 2028 (US$ Million)
Table 19. Italy: SPECT Equipment Market, By Radioisotope Type – Revenue and Forecast to 2028 (US$ Million)
Table 20. Italy: SPECT Equipment Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 21. Italy: SPECT Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million)
Table 22. Spain: SPECT Equipment Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 23. Spain SPECT Equipment Market, by Hybrid SPECT – Revenue and Forecast to 2028 (US$ Million)
Table 24. Spain: SPECT Equipment Market, By Radioisotope Type – Revenue and Forecast to 2028 (US$ Million)
Table 25. Spain: SPECT Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million)
Table 26. Spain: SPECT Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million)
Table 27. Rest of Europe: SPECT Equipment Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 28. Rest of Europe SPECT Equipment Market, by Hybrid SPECT – Revenue and Forecast to 2028 (US$ Million)
Table 29. Rest of Europe: SPECT Equipment Market, By Radioisotope Type – Revenue and Forecast to 2028 (US$ Million)
Table 30. Rest of Europe: SPECT Equipment Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 31. Rest of Europe: SPECT Equipment Market, by End User– Revenue and Forecast to 2028 (US$ Million)
Table 32. Organic Developments in the SPECT Equipment Market
Table 33. Inorganic Developments in the SPECT Equipment Market
Table 34. Glossary of Terms, Europe SPECT Equipment Market
LIST OF FIGURES
Figure 1. Europe SPECT Equipment Market Segmentation
Figure 2. Europe SPECT Equipment Market Segmentation, By Country
Figure 3. Europe SPECT Equipment Market Overview
Figure 4. Hybrid SPECT Segment Held the Largest Share in 2028
Figure 5. Rest of Europe to Show Significant Growth During Forecast Period
Figure 6. Europe PEST Analysis
Figure 7. Europe SPECT Equipment Market Impact Analysis of Drivers and Restraints
Figure 8. Europe SPECT Equipment Market – Revenue Forecasts and Analysis to 2028
Figure 9. Europe SPECT Equipment Market, by Type 2021 & 2028 (%)
Figure 10. Europe Hybrid SPECT Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 11. Europe SPECT-CT Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 12. Europe SPECT-MR Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 13. Europe Standalone SPECT Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 14. Europe SPECT Equipment Market, by radioisotope type 2021 & 2028 (%)
Figure 15. Europe Iodine-123 Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 16. Europe Technetium-99m Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 17. Europe Xenon-133 Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 18. Europe Thallium-201 Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 19. Europe Ra-223 Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 20. Europe Ga-66 Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 21. Europe Other Radioisotopes Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 22. Europe SPECT Equipment Market, by Application 2021 & 2028 (%)
Figure 23. Europe Seizures Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 24. Europe Stroke Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 25. Europe Stress Fractures Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 26. Europe Infections Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 27. Europe Tumors Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 28. Europe Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 29. Europe SPECT Equipment Market, by End User 2021 & 2028 (%)
Figure 30. Europe Hospitals Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 31. Europe Imaging Centers Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 32. Europe Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 33. Europe: SPECT Equipment Market, by Key Country – Revenue (2021) (US$ Million)
Figure 34. Europe: SPECT Equipment Market, by Country, 2021 & 2028 (%)
Figure 35. Germany: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. France: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. UK: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Italy: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Spain: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Rest of Europe: SPECT Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. Impact of COVID-19 Pandemic in European Country Markets
- Bracco Imaging S.p.A.
- Bruker Corporation
- Cardinal Health, Inc
- Curium
- Lantheus Medical Imaging Inc.
- Mediso Ltd.
- MiE GmbH
- NTP RADIOISOTOPES
- Spectrum Dynamics Medical
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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Laser-Assisted ENT Surgeries Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Laser Type (C02 Laser, Nd:YAG Laser, Diode Laser, Blue Laser, KTP Laser, Argon Laser, and Other Laser Types), Surgery Type [Laser Laryngeal Surgery, Laser Endoscopic Sinus Surgery (LESS), Laser-Assisted Uvulopalatoplasty (LAUP), Laser-Assisted Stapedotomy, Laser-Assisted Tonsillectomy and Adenoidectomy, Laser Turbinates Reduction, Transoral Laser Microsurgery (TLM), Nasal Surgery, and Other Surgery Types], End User (Hospitals and Specialty Clinics, Physician Offices, and Other End Users), and Geography (North America, Europe, Asia Pacific, South and Central America, and Middle East and Africa)
Feb 2022
Mobile Cleanroom Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Softwall and Hardwall), End User (Microelectronics Industry, Pharmaceuticals and Biotechnology Industry, Medical Device Manufacturers, and Others), and Geography
Feb 2022
Ovo-Sexing Technology Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Technique (Non-Invasive Imaging, Genetic Editing, Volatile Analysis, Sex Reversal, and Liquid-Based Analysis), End User (Hatcheries and Poultry Farms), and Geography (US, Germany, France, Italy, Spain, Rest of Europe, Israel, and ROW)
Feb 2022
Dental Laser Treatment Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Application (Hard Tissue, Soft Tissue, and Others), End User (Hospitals, Dental Clinics, Dental-Owned Practices, and Others), Clinical Indication [Conservative Dentistry, Root Canal (Endodontic Treatment), Oral Surgery, Implantology, Peri-Implantitis, Periodontics, and Others], and Geography
Feb 2022
Microbiology CRO Services Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Application (Clinical, Medical Device, and Others), Service Type (Assay Development, Custom Viral Stock Production, Microbial Testing, and Others), Microorganisms (Bacteria, Fungi, Viruses, and Parasites), End User (Biotech and Pharmaceutical Companies, Medical Device Companies, and Others), and Geography
Feb 2022
Infusion Devices Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product Type (Infusion Pumps Pumps [Volumetric Pumps, Syringe Pumps, Insulin Pumps, Patient Control Analgesia (PCA) Pumps, Enteral Pumps, Implantable Pumps, and Elastomeric Pumps] and Infusion Sets [Vented Infusion Sets and Non-Vented Infusion Sets], Application (Diabetes, Oncology, Pain Management, Hematology, Pediatrics, Gastroenterology, and Others), End User (Hospitals and Specialty Clinics, Homecare Settings, Ambulatory Surgical Centers, and Others), and Geography
Feb 2022
Antimicrobial Surgical Suture Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Triclosan Antimicrobial Suture and Chlorhexidine Antimicrobial Suture), Raw Materials (Polyglactin 910 Antimicrobial Suture, Poliglecaprone 25, and Polyglycolic Acid), Application (Cardiovascular Surgery, General Surgery, Ophthalmic Surgery, Gynecological Surgery, Orthopedic Surgery, Plastic Surgery, Veterinary Surgery, Dental Surgery, and Others), End User (Hospitals, Ambulatory Surgical Centers, and Others), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
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