Micro Guide Catheters Market by Product Type and Application - Global Industry Analysis and Forecast to 2023
Published On : March 2018 Pages : 90 Category: Biotechnology Report Code : HC03662
Industry Outlook and Trend Analysis
The Micro Guide Catheters Market was worth USD 120.67 million in 2017 and is expected to reach approximately USD 234.68 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 7.67% during the forecast period. The developing demand for minimally invasive (MI) methods will drive the development prospects for the worldwide small scale control catheters market in the upcoming years. It has been witnessed that MI supply route stenting using micro guide catheters and guidewires are progressively made use of in light of the fact that they improve the surgical accuracy by permitting a smooth control of small surgical apparatuses for the position of stents in the person's body and give a 3D perspective of the person. Additionally, since the material gives a superior adaptability, support, and following of the stent amid the method, numerous specialists progressively lean toward microcatheters over different devices to perform systems.
Product Type Outlook and Trend Analysis
Over-the-wire micro guide catheters represented the greater share of the overall industry amid 2017 and will keep on dominating the market for the following years. A portion of the main considerations in charge of the market fragment's development is the high achievement rate related with the usage of over-the-wire micro guide catheter and its wide use in cardiovascular applications, for example, peripheral and coronary mediations and neurovascular interventional applications.
Application Outlook and Trend Analysis
The ambulatory surgical centre (ASCs) portion represented the larger share of the overall industry amid 2017 and will keep on dominating the market amid the estimated period. A portion of the main considerations in charge of the developing inclination for ASCs among patients is the reduction of medicinal costs, diminishment in the span of hospital stay, and better individual care.
Regional Outlook and Trend Analysis
Geographically, the Americas represented the lion's share of the overall industry amid 2017 and will keep on dominating the market for the following years. A portion of the central point in charge of the market's development in the area is the rising rate of several diseases and expanding human services consumption by governments.
Competitive Insights
The leading players in the market are Merit Medical Systems Inc, ASAHI INTECC CO LTD, Terumo Corporation, Diasolve, Vascular Solutions Inc, Boston Scientific, Navilyst Medical and Medtronic. The micro guide catheters market is extensively competitive and diversified owing to the existence of a large number of regional and international players across the globe. According to the industry research report, a huge number of vendors are progressively using advanced technologies to develop novel products.
The Micro Guide Catheters Market is segmented as follows-
By Product Type:
- Flow directed micro guide catheters
- Over-the-wire micro guide catheters
By Application:
- Physicians' offices
- Hospitals
- ASCs
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 2017 and forecast from 2017 to 2023?
- What will be the industry market growth from 2017 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
· Micro Guide Catheters Market, By Application, Estimates and Forecast, 2014-2023 ($Million)
· Hospitals
· ASCs
· Physicians' offices
· Micro Guide Catheters Market, By Product Type, Estimates and Forecast, 2014-2023 ($Million)
· Over-the-Wire Micro Guide Catheters
· Flow Directed Micro Guide Catheters
· Micro Guide Catheters Market, By Region, Estimates and Forecast, 2014-2023 ($Million)
· North America
§ North America Micro Guide Catheters Market, By Country
o U.S. Micro Guide Catheters Market
o Canada Micro Guide Catheters Market
o Mexico Micro Guide Catheters Market
· Europe
§ Europe Micro Guide Catheters Market, By Country
o Germany Micro Guide Catheters Market
o UK Micro Guide Catheters Market
o France Micro Guide Catheters Market
o Russia Micro Guide Catheters Market
o Italy Micro Guide Catheters Market
o Rest of Europe Micro Guide Catheters Market
· Asia-Pacific
§ Asia-Pacific Micro Guide Catheters Market, By Country
o China Micro Guide Catheters Market
o Japan Micro Guide Catheters Market
o South Korea Micro Guide Catheters Market
o India Micro Guide Catheters Market
o Southeast Asia Micro Guide Catheters Market
o Rest of Asia-Pacific Micro Guide Catheters Market
· South America
§ South America Micro Guide Catheters Market
o Brazil Micro Guide Catheters Market
o Argentina Micro Guide Catheters Market
o Columbia Micro Guide Catheters Market
o South Africa Micro Guide Catheters Market
o Rest of South America Micro Guide Catheters Market
· Middle East and Africa
§ Middle East and Africa Micro Guide Catheters Market
o Saudi Arabia Micro Guide Catheters Market
o UAE Micro Guide Catheters Market
o Egypt Micro Guide Catheters Market
o Nigeria Micro Guide Catheters Market
o South Africa Micro Guide Catheters Market
o Rest of MEA Micro Guide Catheters 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
3.2.1.1. Increasing Penetration in Medical Applications
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 (2017-2023)
4.1.2. Canada Market States and Outlook (2017-2023)
4.1.3. Mexico Market States and Outlook (2017-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2017-2023)
4.2.2. France Market States and Outlook (2017-2023)
4.2.3. UK Market States and Outlook (2017-2023)
4.2.4. Russia Market States and Outlook (2017-2023)
4.2.5. Italy Market States and Outlook (2017-2023)
4.2.6. Rest of Europe Market States and Outlook (2017-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2017-2023)
4.3.2. Japan Market States and Outlook (2017-2023)
4.3.3. Korea Market States and Outlook (2017-2023)
4.3.4. India Market States and Outlook (2017-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2017-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2017-2023)
4.4.2. Argentina Market States and Outlook (2017-2023)
4.4.3. Columbia Market States and Outlook (2017-2023)
4.4.4. Rest of South America Market States and Outlook (2017-2023)
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 (2017-2023)
4.5.2. UAE Market States and Outlook (2017-2023)
4.5.3. Egypt Market States and Outlook (2017-2023)
4.5.4. Nigeria Market States and Outlook (2017-2023)
4.5.5. South Africa Market States and Outlook (2017-2023)
4.5.6. Rest of MEA Market States and Outlook (2017-2023)
5. Micro Guide Catheters Market, By Application
5.1. Introduction
5.2. Global Micro Guide Catheters Sales, Revenue and Market Share by Application (2017-2027)
5.2.1. Global Micro Guide Catheters Sales and Sales Share by Application (2017-2027)
5.2.2. Global Micro Guide Catheters Revenue and Revenue Share by Application (2017-2027)
5.3. Hospitals
5.3.1. Global Hospitals Sales and Growth Rate (2017-2027)
5.4. ASCs
5.4.1. Global ASCs Sales and Growth Rate (2017-2027)
5.5. Physicians' offices
5.5.1. Global Physicians' offices Sales and Growth Rate (2017-2027)
6. Micro Guide Catheters Market, By Product Type
6.1. Introduction
6.2. Global Micro Guide Catheters Sales, Revenue and Market Share by Product Type (2017-2027)
6.2.1. Global Micro Guide Catheters Sales and Sales Share by Product Type (2017-2027)
6.2.2. Global Micro Guide Catheters Revenue and Revenue Share by Product Type (2017-2027)
6.3. Over-the-Wire Micro Guide Catheters
6.3.1. Global Over-the-Wire Micro Guide Catheters Sales and Growth Rate (2017-2027)
6.4. Flow Directed Micro Guide Catheters
6.4.1. Global Flow Directed Micro Guide Catheters Sales and Growth Rate (2017-2027)
7. Micro Guide Catheters Market, By Region
7.1. Introduction
7.2. Global Micro Guide Catheters Sales, Revenue and Market Share by Regions
7.2.1. Global Micro Guide Catheters Sales by Regions (2017-2027)
7.2.2. Global Micro Guide Catheters Revenue by Regions (2017-2027)
7.3. North America Micro Guide Catheters by Countries
7.3.1. North America Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.3.2. North America Micro Guide Catheters Revenue and Growth Rate (2017-2027)
7.3.3. North America Micro Guide Catheters Sales by Countries (2017-2027)
7.3.4. North America Micro Guide Catheters Revenue (Million USD) by Countries (2017-2027)
7.3.5. U.S.
7.3.5.1. United States Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.3.5.2. United States Micro Guide Catheters Revenue (Millions USD) and Growth Rate (2017-2027)
7.3.6. Canada
7.3.6.1. Canada Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.3.6.2. Canada Micro Guide Catheters Sales (Millions USD) and Growth Rate (2017-2027)
7.3.7. Mexico
7.3.7.1. Mexico Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.3.7.2. Mexico Micro Guide Catheters Revenue (Millions USD) and Growth Rate (2017-2027)
7.4. Europe Micro Guide Catheters by Countries
7.4.1. Europe Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.4.2. Europe Micro Guide Catheters Revenue and Growth Rate (2017-2027)
7.4.3. Europe Micro Guide Catheters Sales by Countries (2017-2027)
7.4.4. Europe Micro Guide Catheters Revenue (Million USD) by Countries (2017-2027)
7.4.5. Germany
7.4.5.1. Germany Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.4.5.2. Germany Micro Guide Catheters Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.6. UK
7.4.6.1. UK Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.4.6.2. UK Micro Guide Catheters Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.7. France
7.4.7.1. France Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.4.7.2. France Micro Guide Catheters Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.8. Russia
7.4.8.1. Russia Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.4.8.2. Russia Micro Guide Catheters Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.9. Italy
7.4.9.1. Italy Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.4.9.2. Italy Micro Guide Catheters Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.10. Rest of Europe
7.4.10.1. Rest of Europe Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.4.10.2. Rest of Europe Micro Guide Catheters Revenue (Millions USD) and Growth Rate (2017-2027)
7.5. Asia-Pacific
7.5.1. Asia-Pacific Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.5.2. Asia-Pacific Micro Guide Catheters Revenue and Growth Rate (2017-2027)
7.5.3. Asia-Pacific Micro Guide Catheters Sales by Countries (2017-2027)
7.5.4. Asia-Pacific Micro Guide Catheters Revenue (Million USD) by Countries (2017-2027)
7.5.5. China
7.5.5.1. China Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.5.5.2. China Micro Guide Catheters Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.6. Japan
7.5.6.1. Japan Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.5.6.2. Japan Micro Guide Catheters Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.6.3.
7.5.7. Korea
7.5.7.1. Korea Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.5.7.2. Korea Micro Guide Catheters Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.8. India
7.5.8.1. India Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.5.8.2. India Micro Guide Catheters Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.9. Southeast Asia
7.5.9.1. Southeast Asia Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.5.9.2. Southeast Asia Micro Guide Catheters Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.10. Rest of Asia-Pacific
7.5.10.1. Rest of Asia-Pacific Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.5.10.2. Rest of Asia-Pacific Micro Guide Catheters Revenue (Millions USD) and Growth Rate (2017-2027)
7.6. South America
7.6.1. South America Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.6.2. South America Micro Guide Catheters Revenue and Growth Rate (2017-2027)
7.6.3. South America Micro Guide Catheters Sales by Countries (2017-2027)
7.6.4. South America Micro Guide Catheters Revenue (Million USD) by Countries (2017-2027)
7.6.5. Brazil
7.6.5.1. Brazil Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.6.5.2. Brazil Micro Guide Catheters Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.6. Argentina
7.6.6.1. Argentina Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.6.6.2. Argentina Micro Guide Catheters Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.7. Columbia
7.6.7.1. Columbia Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.6.7.2. Columbia Micro Guide Catheters Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.8. Rest of South America
7.6.8.1. Rest of South America Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.6.8.2. Rest of South America Micro Guide Catheters Revenue (Millions USD) and Growth Rate (2017-2027)
7.7. Middle East and Africa
7.7.1. Middle East and Africa Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.7.2. Middle East and Africa Micro Guide Catheters Revenue and Growth Rate (2017-2027)
7.7.3. Middle East and Africa Micro Guide Catheters Sales by Countries (2017-2027)
7.7.4. Middle East and Africa Micro Guide Catheters Revenue (Million USD) by Countries (2017-2027)
7.7.5. Saudi Arabia
7.7.5.1. Saudi Arabia Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.7.5.2. Saudi Arabia Micro Guide Catheters Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.6. United Arab Emirates
7.7.6.1. United Arab Emirates Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.7.6.2. United Arab Emirates Micro Guide Catheters Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.7. Egypt
7.7.7.1. Egypt Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.7.7.2. Egypt Micro Guide Catheters Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.8. Nigeria
7.7.8.1. Nigeria Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.7.8.2. Nigeria Micro Guide Catheters Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.9. South Africa
7.7.9.1. South Africa Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.7.9.2. South Africa Micro Guide Catheters Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.10. Rest of Middle East and Africa
7.7.10.1. Rest of Middle East and Africa Micro Guide Catheters Sales and Growth Rate (2017-2027)
7.7.10.2. Rest of Middle East and Africa Micro Guide Catheters Revenue (Millions USD) and Growth Rate (2017-2027)
8. Company Profiles
8.1. Terumo
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. Boston Scientific
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. Merit Medical
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. Medtronic
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. ASAHI INTECC
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. ACIST Medical
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. Baylis Medical
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. BrosMed Medical
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. Cook Medical
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. Cordis
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 Micro Guide Catheters Market Competition, by Manufacturer
9.1. Global Micro Guide Catheters Sales and Market Share by Manufacturer (2017-2017)
9.2. Global Micro Guide Catheters Revenue and Market Share by Manufacturer (2017-2017)
9.3. Global Micro Guide Catheters Price by Manufacturer (2017-2017)
9.4. Top 5 Micro Guide Catheters Manufacturer Market Share
9.5. Market Competition Trend
10. Micro Guide Catheters Market Forecast (2027-2023)
10.1. Global Micro Guide Catheters Sales, Revenue (Millions USD) and Growth Rate (2027-2023)
10.2. Micro Guide Catheters Market Forecast by Regions (2027-2023)
10.2.1. North America Micro Guide Catheters Market Forecast (2027-2023)
10.2.1.1. United States Micro Guide Catheters Market Forecast (2027-2023)
10.2.1.2. Canada Micro Guide Catheters Market Forecast (2027-2023)
10.2.1.3. Mexico Micro Guide Catheters Market Forecast (2027-2023)
10.2.2. Europe Micro Guide Catheters Market Forecast (2027-2023)
10.2.2.1. Germany Micro Guide Catheters Market Forecast (2027-2023)
10.2.2.2. United Kingdom Micro Guide Catheters Market Forecast (2027-2023)
10.2.2.3. France Micro Guide Catheters Market Forecast (2027-2023)
10.2.2.4. Russia Micro Guide Catheters Market Forecast (2027-2023)
10.2.2.5. Italy Micro Guide Catheters Market Forecast (2027-2023)
10.2.2.6. Rest of the Europe Micro Guide Catheters Market Forecast (2027-2023)
10.2.3. Asia-Pacific Micro Guide Catheters Market Forecast (2027-2023)
10.2.3.1. China Micro Guide Catheters Market Forecast (2027-2023)
10.2.3.2. Japan Micro Guide Catheters Market Forecast (2027-2023)
10.2.3.3. Korea Micro Guide Catheters Market Forecast (2027-2023)
10.2.3.4. India Micro Guide Catheters Market Forecast (2027-2023)
10.2.3.5. Southeast Asia Micro Guide Catheters Market Forecast (2027-2023)
10.2.3.6. Rest of Asia-Pacific Micro Guide Catheters Market Forecast (2027-2023)
10.2.4. South America Micro Guide Catheters Market Forecast (2027-2023)
10.2.4.1. Brazil Micro Guide Catheters Market Forecast (2027-2023)
10.2.4.2. Argentina Micro Guide Catheters Market Forecast (2027-2023)
10.2.4.3. Columbia Micro Guide Catheters Market Forecast (2027-2023)
10.2.4.4. Rest of South America Micro Guide Catheters Market Forecast (2027-2023)
10.2.5. Middle East and Africa Micro Guide Catheters Market Forecast (2027-2023)
10.2.5.1. Saudi Arabia Micro Guide Catheters Market Forecast (2027-2023)
10.2.5.2. UAE Micro Guide Catheters Market Forecast (2027-2023)
10.2.5.3. Egypt Micro Guide Catheters Market Forecast (2027-2023)
10.2.5.4. Nigeria Micro Guide Catheters Market Forecast (2027-2023)
10.2.5.5. South Africa Micro Guide Catheters Market Forecast (2027-2023)
10.2.5.6. Rest of MEA Micro Guide Catheters Market Forecast (2027-2023)
10.3. Micro Guide Catheters Market Forecast by Application (2027-2023)
10.3.1. Global Micro Guide Catheters Sales Forecast by Application (2027-2023)
10.3.2. Global Micro Guide Catheters Sales Market Share Forecast by Application (2027-2023)
10.4. Micro Guide Catheters Market Forecast by Product Type (2027-2023)
10.4.1. Global Micro Guide Catheters Sales Forecast by Product Type (2027-2023)
10.4.2. Global Micro Guide Catheters Sales Market Share Forecast by Product Type (2027-2023)
List of Tables
*You can glance through the list of Tables and Figures when you view the sample copy of Micro Guide Catheters 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
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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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