Electrosurgical Devices Market By Product And Method - Global Industry Analysis And Forecast To 2023

Published On : June 2018 Pages : 190 Category: Healthcare IT Report Code : HC06947

Industry Outlook and Trend Analysis

The Electrosurgical Devices Market was worth USD 2.08 billion in 2014 and is expected to reach approximately USD 4.32 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 8.44% during the forecast period. Developing demand for minimally invasive surgeries and expanding adoption of technologically propelled products are driving the development of the market. Developing awareness with respect to latest surgical procedures in developing regions is anticipated to facilitate quick development of the worldwide market. Electrosurgical systems are used in several medical disciplines, including pneumology, gastroenterology, urology, abdominal surgery, gynecology, general surgery, and others. High neglected requirement for minimally invasive surgeries gives enormous degree to development as electrosurgery discovers application in a large portion of the imperative surgical methods, for example, coagulation, thermofusion, cutting, and devitalization.

Method Outlook and Trend Analysis

Bipolar fragment caught the biggest share in 2015. Enhanced security and convenient usability are a portion of the variables anticipated that would drive the fragment development, subsequently bipolar section is foreseen to rule all through the gauge time frame. Monopolar devices have many risks, including unintended burns, current shunting, and stimulation of tissues, though bipolar methods are more secure, even on the patients with pacemakers.

Product Outlook and Trend Analysis

The advent of technologically propelled electrodes and developing applications of disposable electrodes are driving the development of active electrode segment. Active electrodes are a fundamental part of electrosurgical methods. An extensive variety of these electrodes is accessible and are used in light of specific factors, for example, surgery objective and tissue types included. Thereby, active electrode segment held the biggest share in 2015 and is foreseen to keep up it all through the gauge time frame. Development of dispersive electrodes fragment is foreseen to be blocked by expanding use of bipolar hardware.

Regional Outlook and Trend Analysis

North America commanded the market in 2015. This can be ascribed to the local presence of an expansive number of players and abnormal state of rivalry in the region. High rate of adoption cutting edge innovation and presence of gifted experts are anticipated to drive market development amid the gauge time frame. The U.S., which held the biggest share of the worldwide market in 2015, is decider of the market elements with an expansive client base.

Competitive Insights

The leading players in the market are Boston Scientific, Atmos Energy, Ethicon Inc, Covidien Ltd, Bovie Medical Corporation, Kirwan Surgical Products Llc, Olympus Corporation, B. Braun Melsungen and Smith & Nephew. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

The Electrosurgical Devices Market is segmented as follows-

By Method:

  • Bipolar
  • Monopolar

By Product:

  • Active Electrodes
  • Electrosurgical Generators
  • Dispersive Electrodes
  • Other Accessories

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Southeast Asia
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Columbia
    • South Africa
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Nigeria
    • South Africa
    • Rest of MEA

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

·         Electrosurgical Devices Market, By Product, Estimates and Forecast, 2014-2023 ($Million)

·         Monopolar

·         Bipolar

·         Electrosurgical Devices Market, By Method, Estimates and Forecast, 2014-2023 ($Million)

·         Electrosurgical Generators

·         Active Electrodes

·         Dispersive Electrodes

·         Other Accessories

·         Electrosurgical Devices Market, By Region, Estimates and Forecast, 2014-2023 ($Million)

·         North America

§  North America Electrosurgical Devices Market, By Country

o    U.S. Electrosurgical Devices Market

o    Canada Electrosurgical Devices Market

o    Mexico Electrosurgical Devices Market

·         Europe

§  Europe Electrosurgical Devices Market, By Country

o    Germany Electrosurgical Devices Market

o    UK Electrosurgical Devices Market

o    France Electrosurgical Devices Market

o    Russia Electrosurgical Devices Market

o    Italy Electrosurgical Devices Market

o    Rest of Europe Electrosurgical Devices Market

·         Asia-Pacific

§  Asia-Pacific Electrosurgical Devices Market, By Country

o    China Electrosurgical Devices Market

o    Japan Electrosurgical Devices Market

o    South Korea Electrosurgical Devices Market

o    India Electrosurgical Devices Market

o    Southeast Asia Electrosurgical Devices Market

o    Rest of Asia-Pacific Electrosurgical Devices Market

·         South America

§  South America Electrosurgical Devices Market

o    Brazil Electrosurgical Devices Market

o    Argentina Electrosurgical Devices Market

o    Columbia Electrosurgical Devices Market

o    South Africa Electrosurgical Devices Market

o    Rest of South America Electrosurgical Devices Market

·         Middle East and Africa

§  Middle East and Africa Electrosurgical Devices Market

o    Saudi Arabia Electrosurgical Devices Market

o    UAE Electrosurgical Devices Market

o    Egypt Electrosurgical Devices Market

o    Nigeria Electrosurgical Devices Market

o    South Africa Electrosurgical Devices Market

o    Rest of MEA Electrosurgical Devices Market

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

3.2.2.  Restraints

3.2.3.  Opportunities

3.2.3.1.    Emerging Markets to Offer Lucrative Growth Opportunities

4.       Market Analysis by Regions

4.1.       North America (United States, Canada and Mexico)

4.1.1.  United States Market States and Outlook (2014-2023)

4.1.2.  Canada Market States and Outlook (2014-2023)

4.1.3.  Mexico Market States and Outlook (2014-2023)

4.2.       Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

4.2.1.  Germany Market States and Outlook (2014-2023)

4.2.2.  France Market States and Outlook (2014-2023)

4.2.3.  UK Market States and Outlook (2014-2023)

4.2.4.  Russia Market States and Outlook (2014-2023)

4.2.5.  Italy Market States and Outlook (2014-2023)

4.2.6.  Rest of Europe Market States and Outlook (2014-2023)

4.3.       Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)

4.3.1.  China Market States and Outlook (2014-2023)

4.3.2.  Japan Market States and Outlook (2014-2023)

4.3.3.  Korea Market States and Outlook (2014-2023)

4.3.4.  India Market States and Outlook (2014-2023)

4.3.5.  Rest of Asia-Pacific Market States and Outlook (2014-2023)

4.4.       South America (Brazil, Argentina, Columbia and Rest of South America)

4.4.1.  Brazil Market States and Outlook (2014-2023)

4.4.2.  Argentina Market States and Outlook (2014-2023)

4.4.3.  Columbia Market States and Outlook (2014-2023)

4.4.4.  Rest of South America Market States and Outlook (2014-2023)

4.5.       Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)

4.5.1.  Saudi Arabia Market States and Outlook (2014-2023)

4.5.2.  UAE Market States and Outlook (2014-2023)

4.5.3.  Egypt Market States and Outlook (2014-2023)

4.5.4.  Nigeria Market States and Outlook (2014-2023)

4.5.5.  South Africa Market States and Outlook (2014-2023)

4.5.6.  Rest of MEA Market States and Outlook (2014-2023)

5.       Electrosurgical Devices Market, By Product

5.1.       Introduction

5.2.       Global Electrosurgical Devices Sales, Revenue and Market Share by Product (2014-2018)

5.2.1.  Global Electrosurgical Devices Sales and Sales Share by Product (2014-2018)

5.2.2.  Global Electrosurgical Devices Revenue and Revenue Share by Product (2014-2018)

5.3.       Electrosurgical Generators

5.3.1.  Global Electrosurgical Generators Sales and Growth Rate (2014-2018)

5.4.       Active Electrodes

5.4.1.  Global Active Electrodes Sales and Growth Rate (2014-2018)

5.5.       Dispersive Electrodes

5.5.1.  Global Dispersive Electrodes Sales and Growth Rate (2014-2018)

5.6.       Other Accessories

5.6.1.  Global Other Accessories Sales and Growth Rate (2014-2018)

6.       Electrosurgical Devices Market, By Method

6.1.       Introduction

6.2.       Global Electrosurgical Devices Sales, Revenue and Market Share by Method (2014-2018)

6.2.1.  Global Electrosurgical Devices Sales and Sales Share by Method (2014-2018)

6.2.2.  Global Electrosurgical Devices Revenue and Revenue Share by Method (2014-2018)

6.3.       Monopolar

6.3.1.  Global Monopolar Sales and Growth Rate (2014-2018)

6.4.       Bipolar

6.4.1.  Global Bipolar Sales and Growth Rate (2014-2018)

7.       Electrosurgical Devices Market, By Region

7.1.       Introduction

7.2.       Global Electrosurgical Devices Sales, Revenue and Market Share by Regions

7.2.1.  Global Electrosurgical Devices Sales by Regions (2014-2018)

7.2.2.  Global Electrosurgical Devices Revenue by Regions (2014-2018)

7.3.       North America Electrosurgical Devices by Countries

7.3.1.  North America Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.3.2.  North America Electrosurgical Devices Revenue and Growth Rate (2014-2018)

7.3.3.  North America Electrosurgical Devices Sales by Countries (2014-2018)

7.3.4.  North America Electrosurgical Devices Revenue (Million USD) by Countries (2014-2018)

7.3.5.  U.S.

7.3.5.1.    United States Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.3.5.2.    United States Electrosurgical Devices Revenue (Millions USD) and Growth Rate (2014-2018)

7.3.6.  Canada

7.3.6.1.    Canada Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.3.6.2.    Canada Electrosurgical Devices Sales (Millions USD) and Growth Rate (2014-2018)

7.3.7.  Mexico

7.3.7.1.    Mexico Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.3.7.2.    Mexico Electrosurgical Devices Revenue (Millions USD) and Growth Rate (2014-2018)

7.4.       Europe Electrosurgical Devices by Countries

7.4.1.  Europe Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.4.2.  Europe Electrosurgical Devices Revenue and Growth Rate (2014-2018)

7.4.3.  Europe Electrosurgical Devices Sales by Countries (2014-2018)

7.4.4.  Europe Electrosurgical Devices Revenue (Million USD) by Countries (2014-2018)

7.4.5.  Germany

7.4.5.1.    Germany Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.4.5.2.    Germany Electrosurgical Devices Revenue (Millions USD) and Growth Rate (2014-2018)

7.4.6.  UK

7.4.6.1.    UK Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.4.6.2.    UK Electrosurgical Devices Revenue (Millions USD) and Growth Rate (2014-2018)

7.4.7.  France

7.4.7.1.    France Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.4.7.2.    France Electrosurgical Devices Revenue (Millions USD) and Growth Rate (2014-2018)

7.4.8.  Russia

7.4.8.1.    Russia Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.4.8.2.    Russia Electrosurgical Devices Revenue (Millions USD) and Growth Rate (2014-2018)

7.4.9.  Italy

7.4.9.1.    Italy Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.4.9.2.    Italy Electrosurgical Devices Revenue (Millions USD) and Growth Rate (2014-2018)

7.4.10.      Rest of Europe

7.4.10.1. Rest of Europe Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.4.10.2. Rest of Europe Electrosurgical Devices Revenue (Millions USD) and Growth Rate (2014-2018)

7.5.       Asia-Pacific

7.5.1.  Asia-Pacific Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.5.2.  Asia-Pacific Electrosurgical Devices Revenue and Growth Rate (2014-2018)

7.5.3.  Asia-Pacific Electrosurgical Devices Sales by Countries (2014-2018)

7.5.4.  Asia-Pacific Electrosurgical Devices Revenue (Million USD) by Countries (2014-2018)

7.5.5.  China

7.5.5.1.    China Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.5.5.2.    China Electrosurgical Devices Revenue (Millions USD) and Growth Rate (2014-2018)

7.5.6.  Japan

7.5.6.1.    Japan Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.5.6.2.    Japan Electrosurgical Devices Revenue (Millions USD) and Growth Rate (2014-2018)

7.5.6.3.     

7.5.7.  Korea

7.5.7.1.    Korea Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.5.7.2.    Korea Electrosurgical Devices Revenue (Millions USD) and Growth Rate (2014-2018)

7.5.8.  India

7.5.8.1.    India Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.5.8.2.    India Electrosurgical Devices Revenue (Millions USD) and Growth Rate (2014-2018)

7.5.9.  Southeast Asia

7.5.9.1.    Southeast Asia Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.5.9.2.    Southeast Asia Electrosurgical Devices Revenue (Millions USD) and Growth Rate (2014-2018)

7.5.10.      Rest of Asia-Pacific

7.5.10.1. Rest of Asia-Pacific Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.5.10.2. Rest of Asia-Pacific Electrosurgical Devices Revenue (Millions USD) and Growth Rate (2014-2018)

7.6.       South America

7.6.1.  South America Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.6.2.  South America Electrosurgical Devices Revenue and Growth Rate (2014-2018)

7.6.3.  South America Electrosurgical Devices Sales by Countries (2014-2018)

7.6.4.  South America Electrosurgical Devices Revenue (Million USD) by Countries (2014-2018)

7.6.5.  Brazil

7.6.5.1.    Brazil Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.6.5.2.    Brazil Electrosurgical Devices Revenue (Millions USD) and Growth Rate (2014-2018)

7.6.6.  Argentina

7.6.6.1.    Argentina Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.6.6.2.    Argentina Electrosurgical Devices Revenue (Millions USD) and Growth Rate (2014-2018)

7.6.7.  Columbia

7.6.7.1.    Columbia Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.6.7.2.    Columbia Electrosurgical Devices Revenue (Millions USD) and Growth Rate (2014-2018)

7.6.8.  Rest of South America

7.6.8.1.    Rest of South America Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.6.8.2.    Rest of South America Electrosurgical Devices Revenue (Millions USD) and Growth Rate (2014-2018)

7.7.       Middle East and Africa

7.7.1.  Middle East and Africa Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.7.2.  Middle East and Africa Electrosurgical Devices Revenue and Growth Rate (2014-2018)

7.7.3.  Middle East and Africa Electrosurgical Devices Sales by Countries (2014-2018)

7.7.4.  Middle East and Africa Electrosurgical Devices Revenue (Million USD) by Countries (2014-2018)

7.7.5.  Saudi Arabia

7.7.5.1.    Saudi Arabia Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.7.5.2.    Saudi Arabia Electrosurgical Devices Revenue (Millions USD) and Growth Rate (2014-2018)

7.7.6.  United Arab Emirates

7.7.6.1.    United Arab Emirates Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.7.6.2.    United Arab Emirates Electrosurgical Devices Revenue (Millions USD) and Growth Rate (2014-2018)

7.7.7.  Egypt

7.7.7.1.    Egypt Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.7.7.2.    Egypt Electrosurgical Devices Revenue (Millions USD) and Growth Rate (2014-2018)

7.7.8.  Nigeria

7.7.8.1.    Nigeria Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.7.8.2.    Nigeria Electrosurgical Devices Revenue (Millions USD) and Growth Rate (2014-2018)

7.7.9.  South Africa

7.7.9.1.    South Africa Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.7.9.2.    South Africa Electrosurgical Devices Revenue (Millions USD) and Growth Rate (2014-2018)

7.7.10.      Rest of Middle East and Africa

7.7.10.1. Rest of Middle East and Africa Electrosurgical Devices Sales and Growth Rate (2014-2018)

7.7.10.2. Rest of Middle East and Africa Electrosurgical Devices Revenue (Millions USD) and Growth Rate (2014-2018)

8.       Company Profiles

8.1.       Covidien plc

8.1.1.  Business Overview

8.1.2.  Product Portfolio

8.1.3.  Strategic Developments

8.1.4.  Sales, Revenue and Market Share

8.2.       Olympus Corporation

8.2.1.  Business Overview

8.2.2.  Product Portfolio

8.2.3.  Strategic Developments

8.2.4.  Sales, Revenue and Market Share

8.3.       Ethicon, Inc.

8.3.1.  Business Overview

8.3.2.  Product Portfolio

8.3.3.  Strategic Developments

8.3.4.  Sales, Revenue and Market Share

8.4.       Boston Scientific

8.4.1.  Business Overview

8.4.2.  Product Portfolio

8.4.3.  Strategic Developments

8.4.4.  Sales, Revenue and Market Share

8.5.       B. Braun Melsungen AG

8.5.1.  Business Overview

8.5.2.  Product Portfolio

8.5.3.  Strategic Developments

8.5.4.  Sales, Revenue and Market Share

8.6.       Kirwan Surgical Products, LLC

8.6.1.  Business Overview

8.6.2.  Product Portfolio

8.6.3.  Strategic Developments

8.6.4.  Sales, Revenue and Market Share

8.7.       Smith and Nephew

8.7.1.  Business Overview

8.7.2.  Product Portfolio

8.7.3.  Strategic Developments

8.7.4.  Sales, Revenue and Market Share

8.8.       Parkell, Inc.

8.8.1.  Business Overview

8.8.2.  Product Portfolio

8.8.3.  Strategic Developments

8.8.4.  Sales, Revenue and Market Share

8.9.       Bovie Medical Corporation

8.9.1.  Business Overview

8.9.2.  Product Portfolio

8.9.3.  Strategic Developments

8.9.4.  Sales, Revenue and Market Share

8.10.    ATMOS Inc.

8.10.1.      Business Overview

8.10.2.      Product Portfolio

8.10.3.      Strategic Developments

8.10.4.      Sales, Revenue and Market Share

9.       Global Electrosurgical Devices Market Competition, by Manufacturer

9.1.       Global Electrosurgical Devices Sales and Market Share by Manufacturer (2016-2017)

9.2.       Global Electrosurgical Devices Revenue and Market Share by Manufacturer (2016-2017)

9.3.       Global Electrosurgical Devices Price by Manufacturer (2016-2017)

9.4.       Top 5 Electrosurgical Devices Manufacturer Market Share

9.5.       Market Competition Trend

10.   Electrosurgical Devices Market Forecast (2018-2023)

10.1.    Global Electrosurgical Devices Sales, Revenue (Millions USD) and Growth Rate (2018-2023)

10.2.    Electrosurgical Devices Market Forecast by Regions (2018-2023)

10.2.1.      North America Electrosurgical Devices Market Forecast (2018-2023)

10.2.1.1. United States Electrosurgical Devices Market Forecast (2018-2023)

10.2.1.2. Canada Electrosurgical Devices Market Forecast (2018-2023)

10.2.1.3. Mexico Electrosurgical Devices Market Forecast (2018-2023)

10.2.2.      Europe Electrosurgical Devices Market Forecast (2018-2023)

10.2.2.1. Germany Electrosurgical Devices Market Forecast (2018-2023)

10.2.2.2. United Kingdom Electrosurgical Devices Market Forecast (2018-2023)

10.2.2.3. France Electrosurgical Devices Market Forecast (2018-2023)

10.2.2.4. Russia Electrosurgical Devices Market Forecast (2018-2023)

10.2.2.5. Italy Electrosurgical Devices Market Forecast (2018-2023)

10.2.2.6. Rest of the Europe Electrosurgical Devices Market Forecast (2018-2023)

10.2.3.      Asia-Pacific Electrosurgical Devices Market Forecast (2018-2023)

10.2.3.1. China Electrosurgical Devices Market Forecast (2018-2023)

10.2.3.2. Japan Electrosurgical Devices Market Forecast (2018-2023)

10.2.3.3. Korea Electrosurgical Devices Market Forecast (2018-2023)

10.2.3.4. India Electrosurgical Devices Market Forecast (2018-2023)

10.2.3.5. Southeast Asia Electrosurgical Devices Market Forecast (2018-2023)

10.2.3.6. Rest of Asia-Pacific Electrosurgical Devices Market Forecast (2018-2023)

10.2.4.      South America Electrosurgical Devices Market Forecast (2018-2023)

10.2.4.1. Brazil Electrosurgical Devices Market Forecast (2018-2023)

10.2.4.2. Argentina Electrosurgical Devices Market Forecast (2018-2023)

10.2.4.3. Columbia Electrosurgical Devices Market Forecast (2018-2023)

10.2.4.4. Rest of South America Electrosurgical Devices Market Forecast (2018-2023)

10.2.5.      Middle East and Africa Electrosurgical Devices Market Forecast (2018-2023)

10.2.5.1. Saudi Arabia Electrosurgical Devices Market Forecast (2018-2023)

10.2.5.2. UAE Electrosurgical Devices Market Forecast (2018-2023)

10.2.5.3. Egypt Electrosurgical Devices Market Forecast (2018-2023)

10.2.5.4. Nigeria Electrosurgical Devices Market Forecast (2018-2023)

10.2.5.5. South Africa Electrosurgical Devices Market Forecast (2018-2023)

10.2.5.6. Rest of MEA Electrosurgical Devices Market Forecast (2018-2023)

10.3.    Electrosurgical Devices Market Forecast by Product (2018-2023)

10.3.1.      Global Electrosurgical Devices Sales Forecast by Product (2018-2023)

10.3.2.      Global Electrosurgical Devices Sales Market Share Forecast by Product (2018-2023)

10.4.    Electrosurgical Devices Market Forecast by Method (2018-2023)

10.4.1.      Global Electrosurgical Devices Sales Forecast by Method (2018-2023)

10.4.2.      Global Electrosurgical Devices Sales Market Share Forecast by Method (2018-2023)


List of Tables

*You can glance through the list of Tables and Figures when you view the sample copy of Electrosurgical Devices Market.


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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