Adaptive Optics Market by Technology and Application - Global Industry Analysis and Forecast to 2027
Published On : May 2022 Pages : 95 Category: Healthcare IT Report Code : HC0625
Industry Trends Analysis
The adaptive optics global market is estimated to be around $90billion by 2027. The market growth can be attributed to the varied critical applications that adaptive optics has in different sectors such as biomedical, defense and security, communication and other sectors. With technological innovations, adaptive optics components are now being designed and produced at low costs. This will contribute to the growth of adaptive optics market over the forecast period. With increase in demand for microscopy supplemented with high resolution and applications of adaptive optics in laser communications, the market will exhibit a significant growth in coming few years. Rising use of adaptive optics in retinal imaging and biomedical research operations will further fuel the market growth during the forecast period. However, high capital investment and stringent norms for regulatory compliances related to use of powerful lasers can restrain the growth of adaptive optics market.
Technology Outlook and Trend Analysis
The wavefront sensor market held around half of the global market in 2017. They are majorly used for measuring wave-front distortions in optics. These sensors have various applications in ophthalmology and microscopy. The control system market will witness a notable growth during the forecast period. These systems are primarily used to measure the wavefront’s shape and to produce signals representing the wavefront.
Application Outlook and Trend Analysis
The defense and securitysegment held the largest share of the overall market in 2017. It is predicted to maintain this dominance over the forecast period owing to vast applications of adaptive optics in surveillance and laser based missile systems along with secure defense communication systems. Consumer devices segment will exhibit the most promising growth rate in coming few years as a result of beneficial factors such as high optical quality and a low rate of power consumption.
Regional Outlook and Trend Analysis
North America held over two-fifth share of the global market in 2017. Due to the massive investment in the defense infrastructure by the U.S. along with rising demand for adaptive optics applications in laser eye surgeries, U.S. accounted for the major share of North American adaptive optics market in 2017. The Asia-Pacific market will exhibit fastest growth rate during the forecast period. A significant increase in research and development activities associated to adaptive optics will facilitate the rapid growth of this market. In 2017, Japan held a significant share of the Asia-Pacific adaptive optics market due to wideapplications of adaptive optics in biomedical research and optical imaging.
Competitive Analysis
Heavy investments in research and development are set to drive the global competitive adaptive optics market. For instance, Canon has developed the new Adaptive Optics Scanning Laser Ophthalmoscope (AO-SLO) which examines eyes at a cellular level and aids in diagnosing retinal diseases at a very early stage. Some of the key players operating in this market areIris AO Inc., Boston Micromachines Corporation, Olympus Corporation, Raytheon Company, Northrop Grumman Corporation, Canon Inc., Benchmark Electronics, Inc., Sacher Lasertechnik Gmbh, Celestron LLC and Carl Zeiss Meditec AG.
Market Opportunities
The future growth opportunities in adaptive optics lie in the technological advancements facilitated by targeted research to derive further benefits of adaptive optics technology for specific applications. Large players in the market are spending huge amounts on research to develop more advanced devices and gain competitive advantage over other players in the market.
Adaptive Optics Market Segmentation:
By Technology:
- Wavefront Sensor
- Wavefront Modulator
- Control System
By Application:
- Biomedical
- Communication
- Astronomy
- Consumer Devices
- Defense and Security
- Manufacturing
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
- Turkey
- United Arab Emirates
- Others
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2022 to 2027?
- What will be the industry market growth from 2022 to 2027?
- 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
- Adaptive Optics Market, By Technology, Estimates and Forecast, 2017-2027 ($Million)
- Wavefront Modulator
- Wavefront Sensor
- Control System
- Adaptive Optics Market, By Application, Estimates and Forecast, 2017-2027 ($Million)
- Astronomy
- Biomedical
- Communication
- Consumer Devices
- Defense and security
- Manufacturing
- Adaptive Optics Market, By Region, Estimates and Forecast, 2017-2027 ($Million)
- North America
- North America Adaptive Optics Market, By Country
- North America Adaptive Optics Market, By Technology
- North America Adaptive Optics Market, By Application
- U.S. Adaptive Optics Market, By Technology
- U.S. Adaptive Optics Market, By Application
- Canada Adaptive Optics Market, By Technology
- Canada Adaptive Optics Market, By Application
- Mexico Adaptive Optics Market, By Technology
- Mexico Adaptive Optics Market, By Application
-
- Europe
- Europe Adaptive Optics Market, By Country
- Europe Adaptive Optics Market, By Technology
- Europe Adaptive Optics Market, By Application
- Germany Adaptive Optics Market, By Technology
- Germany Adaptive Optics Market, By Application
- France Adaptive Optics Market, By Technology
- France Adaptive Optics Market, By Application
- UK Adaptive Optics Market, By Technology
- UK Adaptive Optics Market, By Application
- Italy Adaptive Optics Market, By Technology
- Italy Adaptive Optics Market, By Application
- Spain Adaptive Optics Market, By Technology
- Spain Adaptive Optics Market, By Application
- Rest of Europe Adaptive Optics Market, By Technology
- Rest of Europe Adaptive Optics Market, By Application
-
- Asia-Pacific
- Asia-Pacific Adaptive Optics Market, By Country
- Asia-Pacific Adaptive Optics Market, By Technology
- Asia-Pacific Adaptive Optics Market, By Application
- Japan Adaptive Optics Market, By Technology
- Japan Adaptive Optics Market, By Application
- Australia Adaptive Optics Market, By Technology
- Australia Adaptive Optics Market, By Application
- India Adaptive Optics Market, By Technology
- India Adaptive Optics Market, By Application
- South Korea Adaptive Optics Market, By Technology
- South Korea Adaptive Optics Market, By Application
- Rest of Asia-Pacific Adaptive Optics Market, By Technology
- Rest of Asia-Pacific Adaptive Optics Market, By Application
- Asia-Pacific
-
- Rest of the World
- Rest of the World Adaptive Optics Market, By Country
- Rest of the World Adaptive Optics Market, By Technology
- Rest of the World Adaptive Optics Market, By Application
- Brazil Adaptive Optics Market, By Technology
- Brazil Adaptive Optics Market, By Application
- South Africa Adaptive Optics Market, By Technology
- South Africa Adaptive Optics Market, By Application
- Saudi Arabia Adaptive Optics Market, By Technology
- Saudi Arabia Adaptive Optics Market, By Application
- Turkey Adaptive Optics Market, By Technology
- Turkey Adaptive Optics Market, By Application
- United Arab Emirates Adaptive Optics Market, By Technology
- United Arab Emirates Adaptive Optics Market, By Application
- Others Adaptive Optics Market, By Technology
- Others Adaptive Optics Market, By Application
- Rest of the World
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 Share Analysis
3.3. Market Dynamics
3.3.1. Drivers
3.3.1.1. Low Cost Production of Adaptive Optics Components due to Technological Advancements
3.3.1.2. Critical Applications in Free Space Laser Communication
3.3.1.3. Applications of Adaptive Optics in Retinal Imaging and Biomedical Research
3.3.2. Restraints
3.3.2.1. Stringent Norms For Regulatory Compliance
3.3.2.2. High Capital Investment
3.3.3. Opportunities
3.3.3.1. Further Technological Advancements in Adaptive Optics Through Research
3.4. Industry Trends
4. Adaptive Optics market, By Technology
4.1. Introduction
4.2. The Adaptive Optics market Assessment and Forecast, By Technology, 2017-2027
4.3. Wavefront Modulator
4.3.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
4.4. Wavefront Sensor
4.4.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
4.5. Control System
4.5.1.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
5. Adaptive Optics Market, By Application
5.1. Introduction
5.2. Adaptive Optics market Assessment and Forecast, By Application, 2017-2027
5.2.1. Astronomy
5.2.1.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
5.2.2. Biomedical
5.2.2.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
5.2.3. Communication
5.2.3.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
5.2.4. Consumer Devices
5.2.4.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
5.2.5. Defense and Security
5.2.5.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
5.2.6. Manufacturing
5.2.6.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)
6. Adaptive Optics Market, By Region
6.1. Introduction
6.2. Adaptive Optics Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.3. Adaptive Optics Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.4. North America
6.4.1. Market Assessment and Forecast, By Country, 2017-2027 ($Million)
6.4.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.4.3. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.4.3.1. U.S.
6.4.3.1.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.4.3.1.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.4.3.2. Canada
6.4.3.2.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.4.3.2.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.4.3.3. Mexico
6.4.3.3.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.4.3.3.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.5. Europe
6.5.1. Market Assessment and Forecast, By Country, 2017-2027 ($Million)
6.5.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.5.3. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.5.3.1. Germany
6.5.3.1.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.5.3.1.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.5.3.2. France
6.5.3.2.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.5.3.2.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.5.3.3. UK
6.5.3.3.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.5.3.3.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.5.3.4. Italy
6.5.3.4.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.5.3.4.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.5.3.5. Spain
6.5.3.5.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.5.3.5.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.5.3.6. Russia
6.5.3.6.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.5.3.6.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.5.3.7. Rest of Europe
6.5.3.7.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.5.3.7.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.6. Asia-Pacific
6.6.1. Market Assessment and Forecast, By Country, 2017-2027 ($Million)
6.6.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.6.3. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.6.3.1. Japan
6.6.3.1.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.6.3.1.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.6.3.2. China
6.6.3.2.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.6.3.2.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.6.3.3. Australia
6.6.3.3.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.6.3.3.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.6.3.4. India
6.6.3.4.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.6.3.4.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.6.3.5. South Korea
6.6.3.5.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.6.3.5.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.6.3.6. Taiwan
6.6.3.6.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.6.3.6.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.6.3.7. Rest of Asia-Pacific
6.6.3.7.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.6.3.7.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.7. Rest of the World
6.7.1. Market Assessment and Forecast, By Country, 2017-2027 ($Million)
6.7.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.7.3. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.7.3.1. Brazil
6.7.3.1.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.7.3.1.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.7.3.2. Turkey
6.7.3.2.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.7.3.2.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.7.3.3. Saudi Arabia
6.7.3.3.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.7.3.3.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.7.3.4. South Africa
6.7.3.4.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.7.3.4.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.7.3.5. United Arab Emirates
6.7.3.5.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.7.3.5.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
6.7.3.6. Others
6.7.3.6.1. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)
6.7.3.6.2. Market Assessment and Forecast, By Application, 2017-2027 ($Million)
7. Company Profiles
7.1. Olympus Corporation
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Key Financials
7.1.4. Strategic Developments
7.2. Raytheon Company
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Key Financials
7.2.4. Strategic Developments
7.3. Northrop Grumman Corporation
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Key Financials
7.3.4. Strategic Developments
7.4. Iris Ao Inc.
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Strategic Developments
7.5. Boston Micromachines Corporation
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Strategic Developments
7.6. Canon Inc.
7.6.1. Business Overview
7.6.2. Product Portfolio
7.6.3. Key Financials
7.6.4. Strategic Developments
7.7. Benchmark Electronics, Inc.
7.7.1. Business Overview
7.7.2. Product Portfolio
7.7.3. Key Financials
7.7.4. Strategic Developments
7.8. Sacher Lasertechnik Gmbh
7.8.1. Business Overview
7.8.2. Product Portfolio
7.8.3. Strategic Developments
7.9. Celestron LLC
7.9.1. Business Overview
7.9.2. Product Portfolio
7.9.3. Strategic Developments
7.10. Carl Zeiss Meditec AG
7.10.1. Business Overview
7.10.2. Product Portfolio
7.10.3. Key Financials
7.10.4. Strategic Developments
List of Tables
Table 1.Global Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 2.Wavefront Modulator Market, By Region, 2017-2025 ($Million)
Table 3.Wavefront Sensor Market, By Region, 2017-2025 ($Million)
Table 4.Control System Market, By Region, 2017-2025 ($Million)
Table 5.Global Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 6.Astronomy Market, By Region, 2017-2025 ($Million)
Table 7.Biomedical Market, By Region, 2017-2025 ($Million)
Table8.Communication Market, By Region, 2017-2025 ($Million)
Table 9.Consumer Devices Market, By Region, 2017-2025 ($Million)
Table 10.Defense and security Market, By Region, 2017-2025 ($Million)
Table 11.Manufacturing Market, By Region, 2017-2025 ($Million)
Table 12.Adaptive Optics Market, By Region, 2017-2025 ($Million)
Table13.North America Adaptive Optics Market, By Country, 2017-2025 ($Million)
Table14.North America Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 15.North America Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 16.U.S. Adaptive Optics Market, by Technology, 2017-2025 ($Million)
Table 17.U.S. Adaptive Optics Market, by Application, 2017-2025 ($Million)
Table 18.Canada Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 19.Canada Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 20.Mexico Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 21.Mexico Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 22.Europe Adaptive Optics Market, By Country, 2017-2025 ($Million)
Table 23.Europe Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 24.Europe Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 25.Germany Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 26.Germany Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 27.France Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 28.France Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 29.UK Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 30.UK Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 31.Italy Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 32.Italy Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 33.Spain Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 34.Spain Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 35.Russia Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 36.Russia Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 37.Rest of Europe Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 38.Rest of Europe Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 39.Asia-Pacific Adaptive Optics Market, By Country, 2017-2025 ($Million)
Table 40.Asia-Pacific Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 41.Asia-Pacific Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 42.Japan Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 43.Japan Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 44.China Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 45.China Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 46.Australia Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 47.Australia Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 48.India Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 49.India Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 50.South Korea Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 51.South Korea Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 52.Taiwan Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 53.Taiwan Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 54.Rest of Asia-Pacific Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 55.Rest of Asia-Pacific Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 56.Rest of the World Adaptive Optics Market, By Country, 2017-2025 ($Million)
Table 57.Rest of the World Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 58.Rest of the World Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 59.Brazil Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 60.Brazil Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 61.Turkey Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 62.Turkey Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 63.Saudi Arabia Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 64.Saudi Arabia Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 65.South Africa Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 66.South Africa Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 67.United Arab Emirates Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 68.United Arab Emirates Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 69.Others Adaptive Optics Market, By Technology, 2017-2025 ($Million)
Table 70.Others Adaptive Optics Market, By Application, 2017-2025 ($Million)
Table 71.Olympus Corporation: Key Strategic Developments, 2017-2017
Table 72.Raytheon Company: Key Strategic Developments, 2017-2017
Table 73.Northrop Grumman Corporation: Key Strategic Developments, 2017-2017
Table 74.Iris Ao Inc.: Key Strategic Developments, 2017-2017
Table 75.Boston Micromachines Corporation: Key Strategic Developments, 2017-2017
Table 66.Canon Inc.: Key Strategic Developments, 2017-2017
Table 77.Benchmark Electronics, Inc.: Key Strategic Developments, 2017-2017
Table 78.Sacher Lasertechnik Gmbh: Key Strategic Developments, 2017-2017
Table 79.Celestron LLC: Key Strategic Developments, 2017-2017
Table 80.Carl Zeiss Meditec AG.: Key Strategic Developments, 2017-2017
List of Figures
Figure 1.Global Adaptive Optics Market Share, By Technology, 2017 & 2025
Figure 2.Global Adaptive Optics Market, By Application, 2017, ($Million)
Figure 3.Adaptive Optics Market, By Region, 2017, ($Million)
Figure 4.Olympus Corporation: Net Revenues, 2017-2017 ($Million)
Figure 5.Olympus Corporation: Net Revenue Share, By Segment, 2017
Figure 6.Olympus Corporation: Net Revenue Share, By Geography, 2017
Figure 7.Raytheon Company: Net Revenues, 2017-2017 ($Million)
Figure 8.Raytheon Company: Net Revenue Share, By Segment, 2017
Figure 9.Raytheon Company: Net Revenue Share, By Geography, 2017
Figure 10.Northrop Grumman Corporation: Net Revenues, 2017-2017 ($Million)
Figure 11.Northrop Grumman Corporation: Net Revenue Share, By Segment, 2017
Figure 12.Northrop Grumman Corporation: Net Revenue Share, By Geography, 2017
Figure 13.Canon Inc.: Net Revenues, 2017-2017 ($Million)
Figure 14.Canon Inc.: Net Revenue Share, By Segment, 2017
Figure 15.Canon Inc.: Net Revenue Share, By Geography, 2017
Figure 16.Benchmark Electronics, Inc.: Net Revenues, 2017-2017 ($Million)
Figure 17.Benchmark Electronics, Inc.: Net Revenue Share, By Segment, 2017
Figure 18.Benchmark Electronics, Inc.: Net Revenue Share, By Geography, 2017
Figure 19.Sacher Lasertechnik Gmbh: Net Revenues, 2017-2017 ($Million)
Figure 20.Sacher Lasertechnik Gmbh: Net Revenue Share, By Segment, 2017
Figure 21.Sacher Lasertechnik Gmbh: Net Revenue Share, By Geography, 2017
Figure 22.Carl Zeiss Meditec AG: Net Revenues, 2017-2017 ($Million)
Figure 23.Carl Zeiss Meditec AG: Net Revenue Share, By Segment, 2017
Figure 24.Carl Zeiss Meditec AG: Net Revenue Share, By Geography, 2017
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
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Data Collection Matrix |
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Demand Side |
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Secondary Data Sources |
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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
Industry Analysis
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Qualitative Data |
Quantitative Data (2017-2025) |
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