Photonics Market by Product and Application - Global Industry Analysis and Forecast To 2023

Published On : December 2017 Pages : 100 Category: Electrical Systems & Components Report Code : SE12431

Industry Outlook and Trend Analysis

The Photonics Market was worth USD 405.51 billion in the year of 2014 and is expected to reach approximately USD 845.72 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 8.51% during the forecast period. The business is foreseen to encounter a huge development over the gauge time frame attributable to photonics' extensive variety of uses in the areas of jewelry, automotive, manufacturing, medical sciences, information technology, security, and lighting. Advancements in optics have made quick walks in the photonic-based field in the previous couple of years and are further expanding the mechanical horizons. Innovative photonic-empowered associated services and products are anticipated to be acquainted and are anticipated to have a positive effect on authoritative and in addition purchaser exercises. The business is described by the existence of impressive development openings over the gauge time frame. A rising pattern in the business is the commercialization of condition cordial photonic-based sustainable power sources, for example, solar cells.

Photonics Market

Product Outlook and Trend Analysis

On the basis of products the market is segmented into photo detectors, LEDs, waveguides, Wavelength Division Multiplexer (WDM) filters, optical interconnects amplifiers, optical modulators and lasers. WDM filters are foreseen to develop as a dominating product section over the estimate time frame by virtue of their benefits, for example, low loss, mass productivity, and high port counts. The requirement for photo detectors is anticipated to develop at a significant rate over the conjecture time frame. Photo detectors are progressively used as a part of different devices as they empower more prominent cooperation in the machine environment interface. These devices are a low-mass and low-volume option for expansive conventional sensors and detectors. High brightness LEDs are transforming the lighting business and are imagined to drive the market for LEDs over the conjecture time frame. The interest for high-brilliance LEDs has become in the course of recent years attributable to their wide application base.

Application Outlook and Trend Analysis

On the basis of application the market is segmented into medical & healthcare, displays, communication, safety & defense technology, metrology, consumer electronics high-performance computing and sensing. The display portion is anticipated to hold its predominance all through the estimate time frame attributable to its expansive application base, including image sensors, bio sources, optical fibers, LEDs, and PV and solar cells. High-performance computing is moderately another usage of photonics and isn't developed. The market is hence ventured to witness an extensive development over the conjecture time frame inferable from rising advancements in the elite figuring application segment. Safety & defense is attempted to rise as a key income producing portion over the estimate time frame attributable to the capacity to defend the population, protect troops in the field, and gather intelligence. Photonic-empowered optical sensing technology gives upgraded observation and reconnaissance, and recognizable proof of chemical, nuclear, and biological dangers.

Regional Outlook and Trend Analysis

North America is foreseen to develop as a transcendent area over the estimate time frame inferable from the expanding implementation of enhanced technologies in the locale. The development in the United States can be credited to expanding government financing in the R&D and usage of laser optics and photonic-empowered technology. Europe is relied upon to develop at an extensive rate over the figure time frame. Member states over the locale have shaped a long-term sense of duty regarding Public Private Partnership (PPP) to prompt a competitive photonics industry in the district. Anticipated to develop at a tremendous rate over the gauge time frame, the Asia Pacific market consolidates extensive opportunities for development over the estimate time frame. Enhancements in photonics innovation crosswise over rising economies, for example, Japan, China, Taiwan and Singapore are anticipated to drive the local market over the conjecture time frame.

Competitive Insights

The leading players in the market are JAL Group, Dunlop Boots, Uvex Safety Group, VF Corporation, Honeywell Safety Products, VF Corporation, Anbu Safety and Hewats. Manufacturers are constantly focusing on the production of comfortable, low-cost, slip-resistant, lightweight, static-dissipative and durable safety products for use in various sectors.

The Photonics Market is segmented as follows-

By Product:

  • Optical Modulators
  • LEDs
  • Photo Detectors
  • Amplifier
  • Waveguides
  • Optical Interconnects
  • Wavelength Division Multiplexer Filters
  • Lasers

By Application:

  • Displays
  • Communication
  • Sensing
  • High-performance Computing
  • Consumer Electronics
  • Safety & Defense Technology
  • Metrology
  • Medical & Healthcare

 

By Region

  • North America
  • U.S
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • Australia
  • India
  • South Korea
  • Rest of Asia Pacific
  • Rest of the World
  • Brazil
  • South Africa
  • Saudi Arabia
  • United Arab Emirates
  • Others

Some of the key questions answered by the report are:

  • What was the market size in 2014 and forecast from 2015 to 2023?
  • What will be the industry market growth from 2015 to 2023?
  • What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
  • What are the major segments leading the market growth and why?
  • Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

 

Market Classification

Photonics Market, By Product, Estimates and Forecast, 2014-2023 ($Million)

  • Photo Detectors
  • Amplifier
  • Optical Modulators
  • LEDs
  • Wavelength Division Multiplexer Filters
  • Lasers
  • Waveguides
  • Optical Interconnects

Photonics Market, By Application, Estimates and Forecast, 2014-2023 ($Million)

  • Sensing
  • High-performance Computing
  • Consumer Electronics
  • Displays
  • Medical & Healthcare
  • Safety & Defense Technology
  • Metrology
  • Communication

        Photonics Market, By Region, Estimates and Forecast, 2014-2023 ($Million)

    • North America
      • North America Photonics Market, By Country
      • North America Photonics Market, By Product
      • North America Photonics Market, By Application
        • U.S. Photonics Market, By Product
        • U.S. Photonics Market, By Application
        • Canada Photonics Market, By Product
        • Canada Photonics Market, By Application
        • Mexico Photonics Market, By Product
        • Mexico Photonics Market, By Application
    • Europe
  • Europe Photonics Market, By Country
  • Europe Photonics Market, By Product
  • Europe Photonics Market, By Application
    • Germany Photonics Market, By Product
    • Germany Photonics Market, By Application
    • France Photonics Market, By Product
    • France Photonics Market, By Application
    • UK Photonics Market, By Product
    • UK Photonics Market, By Application
    • Italy Photonics Market, By Product
    • Italy Photonics Market, By Application
    • Spain Photonics Market, By Product
    • Spain Photonics Market, By Application
    • Rest of Europe Photonics Market, By Product
    • Rest of Europe Photonics Market, By Application
    • Asia-Pacific
      • Asia-Pacific Photonics Market, By Country
      • Asia-Pacific Photonics Market, By Product
      • Asia-Pacific Photonics Market, By Application
        • Japan Photonics Market, By Product
        • Japan Photonics Market, By Application
        • Australia Photonics Market, By Product
        • Australia Photonics Market, By Application
        • India Photonics Market, By Product
        • India Photonics Market, By Application
        • South Korea Photonics Market, By Product
        • South Korea Photonics Market, By Application
        • Rest of Asia-Pacific Photonics Market, By Product
        • Rest of Asia-Pacific Photonics Market, By Application
    • Rest of the World
      • Rest of the World Photonics Market, By Country
      • Rest of the World Photonics Market, By Product
      • Rest of the World Photonics Market, By Application
        • Brazil Photonics Market, By Product
        • Brazil Photonics Market, By Application
        • South Africa Photonics Market, By Product
        • South Africa Photonics Market, By Application
        • Saudi Arabia Photonics Market, By Product
        • Saudi Arabia Photonics Market, By Application
        • Turkey Photonics Market, By Product
        • Turkey Photonics Market, By Application
        • United Arab Emirates Photonics Market, By Product
        • United Arab Emirates Photonics Market, By Application
        • Others Photonics Market, By Product
        • Others Photonics Market, By Application

Table of Contents

1.       Introduction

1.1.       Report Description

1.2.       Research Methodology

1.2.1.  Secondary Research

1.2.2.  Primary Research

2.       Executive Summary

2.1.       Key Highlights

3.       Market Overview

3.1.       Introduction

3.1.1.  Market Definition

3.1.2.  Market Segmentation

3.2.       Market Dynamics

3.2.1.  Drivers

3.2.1.1.  Rising requirement for high-speed and energy-efficient electronic data interconnect

3.2.1.2.  Rising volume of data transfer

3.2.2.  Restraints

3.2.2.1.    Hazards associated with thermal effect

3.2.3.  Opportunities

4.       Photonics Market, By Product

4.1.       Introduction

4.2.       Photonics Market  Assessment and Forecast, By Product, 2014-2023

4.3.       Photo Detectors

4.3.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.4.       Amplifier

4.4.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.5.       Optical Modulators

4.5.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.6.       LEDs

4.6.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.7.       Wavelength Division Multiplexer Filters

4.7.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.8.       Glass wool

4.8.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.9.       Lasers

4.9.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.10.    Waveguides

4.10.1.      Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.11.    Optical Interconnects

4.11.1.      Market Assessment and Forecast, By Region, 2014-2023 ($Million)

5.       Photonics Market, By Application

5.1.       Introduction

5.2.       The Photonics Market Assessment and Forecast, By Application, 2014-2023

5.3.       Sensing

5.3.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

5.4.       High-performance Computing

5.4.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

5.5.       Consumer Electronics

5.5.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

5.6.       Displays

5.6.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

5.7.       Medical & Healthcare

5.7.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

5.8.       Safety & Defense Technology

5.8.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

5.9.       Metrology

5.9.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

5.10.    Communication

5.10.1.      Market Assessment and Forecast, By Region, 2014-2023 ($Million)

6.       Photonics Market, By Region

6.1.       Introduction

6.2.       Photonics Market Assessment and Forecast, By Region, 2014-2023 ($Million)

6.3.       North America

6.3.1.  Market Assessment and Forecast, By Country, 2014-2023 ($Million)

6.3.2.  Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.3.3.  Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.3.4.  U.S.

6.3.4.1.    Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.3.4.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.3.5.  Canada

6.3.5.1.    Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.3.5.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.3.6.  Mexico

6.3.6.1.    Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.3.6.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.4.       Europe

6.4.1.  Market Assessment and Forecast, By Country, 2014-2023 ($Million)

6.4.2.  Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.4.3.  Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.4.4.  Germany

6.4.4.1.    Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.4.4.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.4.5.  France

6.4.5.1.    Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.4.5.2.    Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.4.6.  UK

6.4.6.1.    Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.4.6.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.4.7.  Italy

6.4.7.1.    Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.4.7.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.4.8.  Spain

6.4.8.1.    Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.4.8.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.4.9.  Rest of Europe

6.4.9.1.    Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.4.9.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.5.       Asia-Pacific

6.5.1.  Market Assessment and Forecast, By Country, 2014-2023 ($Million)

6.5.2.  Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.5.3.  Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.5.4.  Japan

6.5.4.1.    Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.5.4.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.5.5.  China

6.5.5.1.    Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.5.5.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.5.6.  Australia

6.5.6.1.    Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.5.6.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.5.7.  India

6.5.7.1.    Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.5.7.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.5.8.  South Korea

6.5.8.1.    Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.5.8.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.5.9.  Rest of Asia-Pacific

6.5.9.1.    Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.5.9.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.6.       Rest of the World

6.6.1.  Market Assessment and Forecast, By Country, 2014-2023 ($Million)

6.6.2.  Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.6.3.  Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.6.4.  Brazil

6.6.4.1.    Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.6.4.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.6.5.  Turkey

6.6.5.1.    Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.6.5.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.6.6.  Saudi Arabia

6.6.6.1.    Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.6.6.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.6.7.  South Africa

6.6.7.1.    Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.6.7.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.6.8.  United Arab Emirates

6.6.8.1.    Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.6.8.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.6.9.  Others

6.6.9.1.    Market Assessment and Forecast, By Product, 2014-2023 ($Million)

6.6.9.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

7.       Company Profiles

7.1.       VF Corporation

7.1.1.  Business Overview

7.1.2.  Product Portfolio

7.1.3.  Key Financials

7.1.4.  Strategic Developments

7.2.       JAL Group

7.2.1.   Business Overview

7.2.2.  Product Portfolio

7.2.3.  Strategic Developments

7.3.       Dunlop Boots

7.3.1.  Business Overview

7.3.2.  Product Portfolio

7.3.3.  Key Financials

7.3.4.  Strategic Developments

7.4.       Anbu Safety

7.4.1.  Business Overview

7.4.2.  Product Portfolio

7.4.3.  Strategic Developments

7.5.       Honeywell Safety Products

7.5.1.  Business Overview

7.5.2.  Product Portfolio

7.5.3.  Key Financials

7.5.4.  Strategic Developments

7.6.       Uvex Safety Group

7.6.1.  Business Overview

7.6.2.  Product Portfolio

7.6.3.  Strategic Developments

 

 

 

 


List of Tables

Table 1.Global Photonics Market, By Product ($Million), 2014-2023

Table 2.Photo Detectors Market, By Region ($Million), 2014-2023

Table 3.Amplifier Market, By Region ($Million), 2014-2023

Table 4.Optical Modulators Market, By Region ($Million), 2014-2023

Table 5.LEDs Market, By Region ($Million), 2014-2023

Table 6.Wavelength Division Multiplexer Filters Market, By Region ($Million), 2014-2023

Table 7.Lasers Market, By Region ($Million), 2014-2023

Table 8.Waveguides Market, By Region ($Million), 2014-2023

Table 9.Optical Interconnects Market, By Region ($Million), 2014-2023

Table 10.Global Photonics Market, By Application ($Million), 2014-2023

Table 11.Sensing Market, By Region ($Million), 2014-2023

Table 12.High-performance Computing Market, By Region ($Million), 2014-2023

Table 13.Consumer Electronics Market, By Region ($Million), 2014-2023

Table 14.Displays Market, By Region ($Million), 2014-2023

Table 15.Medical & Healthcare Market, By Region ($Million), 2014-2023

Table 16.Safety & Defense Technology Market, By Region ($Million), 2014-2023

Table 17.Metrology Market, By Region ($Million), 2014-2023

Table 18.Communication Market, By Region ($Million), 2014-2023

Table 19.Global Photonics Market, By Region ($Million), 2014-2023

Table 20.North America Photonics Market, By Country, 2014-2023 ($Million)

Table 21.North America Photonics Market, By Product, 2014-2023 ($Million)

Table 22.North America Photonics Market, By Application, 2014-2023 ($Million)

Table 23.U.S. Photonics Market, By Product, 2014-2023 ($Million)

Table 24.U.S. Photonics Market, By Application, 2014-2023 ($Million)

Table 25.Canada Photonics Market, By Product, 2014-2023 ($Million)

Table 26.Canada Photonics Market, By Application, 2014-2023 ($Million)

Table 27.Mexico Photonics Market, By Product, 2014-2023 ($Million)

Table 28.Mexico Photonics Market, By Application, 2014-2023 ($Million)

Table 29.Europe Photonics Market, By Country, 2014-2023 ($Million)

Table 30.Europe Photonics Market, By Product, 2014-2023 ($Million)

Table 31.Europe Photonics Market, By Application, 2014-2023 ($Million)

Table 32.Germany Photonics Market, By Product, 2014-2023 ($Million)

Table 33.Germany Photonics Market, By Application, 2014-2023 ($Million)

Table 34.France Photonics Market, By Product, 2014-2023 ($Million)

Table 35.France Photonics Market, By Application, 2014-2023 ($Million)

Table 36.UK Photonics Market, By Product, 2014-2023 ($Million)

Table 37.UK Photonics Market, By Application, 2014-2023 ($Million)

Table 38.Italy Photonics Market, By Product, 2014-2023 ($Million)

Table 39.Italy Photonics Market, By Application, 2014-2023 ($Million)

Table 40.Spain Photonics Market, By Product, 2014-2023 ($Million)

Table 41.Spain Photonics Market, By Application, 2014-2023 ($Million)

Table 42.Rest of Europe Photonics Market, By Product, 2014-2023 ($Million)

Table 44.Rest of Europe Photonics Market, By Application, 2014-2023 ($Million)

Table 45.Asia-Pacific Photonics Market, By Country, 2014-2023 ($Million)

Table 46.Asia-Pacific Photonics Market, By Product, 2014-2023 ($Million)

Table 47.Asia-Pacific Photonics Market, By Application, 2014-2023 ($Million)

Table 48.Japan Photonics Market, By Product, 2014-2023 ($Million)

Table 49.Japan Photonics Market, By Application, 2014-2023 ($Million)

Table 50.China Photonics Market, By Product, 2014-2023 ($Million)

Table 51.China Photonics Market, By Application, 2014-2023 ($Million)

Table 52.Australia Photonics Market, By Product, 2014-2023 ($Million)

Table 53.Australia Photonics Market, By Application, 2014-2023 ($Million)

Table 54.India Photonics Market, By Product, 2014-2023 ($Million)

Table 55.India Photonics Market, By Application, 2014-2023 ($Million)

Table 56.South Korea Photonics Market, By Product, 2014-2023 ($Million)

Table 57.South Korea Photonics Market, By Application, 2014-2023 ($Million)

Table 58.Rest of Asia-Pacific Photonics Market, By Product, 2014-2023 ($Million)

Table 59.Rest of Asia-Pacific Photonics Market, By Application, 2014-2023 ($Million)

Table 60.Rest of the World Photonics Market, By Country, 2014-2023 ($Million)

Table 61.Rest of the World Photonics Market, By Product, 2014-2023 ($Million)

Table 62.Rest of the World Photonics Market, By Application, 2014-2023 ($Million)

Table 63.Brazil Photonics Market, By Product, 2014-2023 ($Million)

Table 64.Brazil Photonics Market, By Application, 2014-2023 ($Million)

Table65.Turkey Photonics Market, By Product, 2014-2023 ($Million)

Table 66.Turkey Photonics Market, By Application, 2014-2023 ($Million)

Table 67.Saudi Arabia Photonics Market, By Product, 2014-2023 ($Million)

Table 68.Saudi Arabia Photonics Market, By Application, 2014-2023 ($Million)

Table 69.South Africa Photonics Market, By Product, 2014-2023 ($Million)

Table 70.South Africa Photonics Market, By Application, 2014-2023 ($Million)

Table 71.United Arab Emirates Photonics Market, By Product, 2014-2023 ($Million)

Table 72.United Arab Emirates Photonics Market, By Application, 2014-2023 ($Million)

Table 73.Others Photonics Market, By Product, 2014-2023 ($Million)

Table 74.Others Photonics Market, By Application, 2014-2023 ($Million)

Table 75.JAL Group. Key Strategic Developments, 2015-2017

Table 76.Honeywell Safety Products: Key Strategic Developments, 2015-2017

Table 77.Hewats: Key Strategic Developments, 2015-2017

Table 78.Uvex Safety Group: Key Strategic Developments, 2015-2017

Table 79.Dunlop Boots: Key Strategic Developments, 2015-2017

Table 80.Anbu Safety: Key Strategic Developments, 2015-2017

Table 81.VF Corporation: Key Strategic Developments, 2015-2017


List of Figures

Figure 1.Global Photonics Market Share, By Product, 2014 & 2023

Figure 2.Photonics Market, By Application, 2016, ($Million)

Figure 3.Photonics Market, By Region, 2016, ($Million)

Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

Data Collection Matrix

Supply Side

Demand Side

Primary Data Sources

  • Manufacturers
  • Distributors & Wholesalers
  • GPOs
  • Physicians/Specialist
  • Healthcare Providers
  • Consumers

Secondary Data Sources

  • Annual Reports/SEC Filings/ Investor Presentations/ Press Releases
  • Government/Associations Publications
  • Case Studies
  • Reference Customers

 

Market Modeling and Forecasting

We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.

  • Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
  • Number of patients for particular device or medical procedure and
  • Repeated use of particular device depending on health and condition of patient
  • Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.

We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

Data Validation

We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Data Triangulation

data triangulation

Industry Analysis

Qualitative Data

Quantitative Data (2017-2025)

  • Market Dynamics (Drivers, Restraints, and Challenges)
  • Industry Trend Analysis
  • Market Opportunities
  • Government Policies and Regulations, Patent Analysis, and Reimbursement Policies
  • Porter’s Five Forces and PESTLE Analysis
  • Key Developments and Competitive Landscape
  • Market Assessment and Forecast
  • Market Assessment and Forecast, By Product
  • Market Assessment and Forecast, By Technology
  • Market Assessment and Forecast, By Application
  • Market Assessment and Forecast, By End User
  • Market Assessment and Forecast, By Region/Country

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