Ophthalmic Devices Market By Product (diagnostics & Monitoring Devices, Fundus Camera, Optical Coherence Tomography Scanner, Retinoscope, Tonometer, Pachymeter Ophthalmoscope, Biometer, Autorefractor, Surgical Instruments, Refractive Error Surgery Devices, Glaucoma Surgery Devices, Cataract & Vitreoretinal Surgery Devices, Vision Care Products, Contact Lenses, Spectacle Lenses) - Global Industry Analysis And Forecast To 2023

Published On : June 2018 Pages : 180 Category: Medical Devices Report Code : HC061045

Industry Outlook and Trend Analysis

The Ophthalmic Devices Market was worth USD 44.18 billion in 2014 and is expected to reach approximately USD 63.98 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 4.20% during the forecast period.  The ophthalmology field requires medical gadgets for a few capacities, for example, conclusion, vision care, and medical procedure. The advancement of imaginative gadgets and expanding utilization of innovation in ophthalmology has cleared path for buyers to have functional and conservative answers for different eye-related clutters, for example, vitreoretinal disarranges, refractor scatters, and waterfall. The most noteworthy offer of the worldwide ophthalmic devices market is contributed by vision care devices. These gadgets incorporate contact focal point, scenes, and focal point cleaning and purifying answers for eyewear and additionally for surgical devices.

Drivers & Restrains

The approach of innovative progressed insignificantly intrusive medical procedures, for example, LASIK surgery, is attempted to quicken the interest for ophthalmic devices amid the estimate time frame. Advanced surgeries, for example, multi-wavelength diabetic retinopathy treatment, ultrasound phacoemulsification, and femtosecond laser medical procedure are required to expand use rate of these devices. The previously mentioned medical procedures are went with better patient results that incorporate speedier recuperation rates, expanded acknowledgment towards refractive medical procedures, and enhanced security profile. These are foreseen to drive the interest for ophthalmic devices over the figure time frame.

Regional Outlook and Trend Analysis

North America is expected to witness considerable growth over the forecast period. The quickly developing geriatric populace base and the rising commonness of unending eye conditions as an outcome of high pressure and undesirable ways of life result in diabetes retinopathy, which are high effect rendering drivers for the industry. Additionally, the fuses of new repayment models for ophthalmologic medicines in this district and the stringent administrative system that are pointed towards patients' wellbeing are required to drive the interest for ophthalmic devices in this region. For example, Patient Protection and Affordable Patient Protection and Affordable Care Act (PPACA) and Medicare Shared Savings Program taking into account the ophthalmic needs of the local patient base.

Competitive Insights

The leading players in the market are Abbott Medical Optics, Inc., Alcon, Bausch & Lomb, Inc., Topcon Corporation, Essilor International S.A. and others. 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 Ophthalmic Devices Market is segmented as follows-

By Product:

  • Diagnostics & Monitoring Devices
  • Fundus Camera
  • Optical Coherence Tomography Scanner
  • Retinoscope
  • Tonometer
  • Pachymeter Ophthalmoscope
  • Biometer
  • Autorefractor
  • Surgical Instruments
  • Refractive Error Surgery Devices
  • Glaucoma Surgery Devices
  • Cataract & Vitreoretinal Surgery Devices
  • Vision Care Products
  • Contact Lenses
  • Spectacle Lenses

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?

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 Countries 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.       Ophthalmic Devices Market, By Product

5.1.       Introduction

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

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

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

5.3.       Diagnostics & Monitoring Devices

5.3.1.  Global Diagnostics & Monitoring Devices Sales and Growth Rate (2014-2018)

5.3.2.  Global Diagnostics & Monitoring Devices Sales and Growth Rate By Type(2014-2018)

5.3.3.  Fundus Camera

5.3.3.1.    Global Fundus Camera Sales and Growth Rate (2014-2018)

5.3.4.  Optical Coherence Tomography Scanner

5.3.4.1.    Global Optical Coherence Tomography Scanner Sales and Growth Rate (2014-2018)

5.3.5.  Retinoscope

5.3.5.1.    Global Retinoscope Sales and Growth Rate (2014-2018)

5.3.6.  Tonometer

5.3.6.1.    Global Tonometer Sales and Growth Rate (2014-2018)

5.3.7.  Pachymeter Ophthalmoscope

5.3.7.1.    Global Pachymeter Ophthalmoscope Sales and Growth Rate (2014-2018)

5.3.8.  Biometer

5.3.8.1.    Global Biometer Sales and Growth Rate (2014-2018)

5.3.9.  Autorefractor

5.3.9.1.    Global Autorefractor Sales and Growth Rate (2014-2018)

5.4.       Surgical Instruments

5.4.1.  Global Surgical Instruments Sales and Growth Rate (2014-2018)

5.4.2.  Global Surgical Instruments Sales and Growth Rate (2014-2018)

5.4.3.  Refractive Error Surgery Devices

5.4.3.1.    Global Autorefractor Sales and Growth Rate (2014-2018)

5.4.4.  Glaucoma Surgery Devices

5.4.4.1.    Global Glaucoma Surgery Devices Sales and Growth Rate (2014-2018)

5.4.5.  Cataract & Vitreoretinal Surgery Devices

5.4.5.1.    Global Cataract & Vitreoretinal Surgery Devices Sales and Growth Rate (2014-2018)

5.5.       Vision Care Products

5.5.1.  Global Vision Care Products Sales and Growth Rate (2014-2018)

5.5.2.  Global Vision Care Products Sales and Growth Rate By Type (2014-2018)

5.5.3.  Contact Lenses

5.5.3.1.    Global Contact Lenses Sales and Growth Rate (2014-2018)

5.5.4.  Spectacle Lenses

5.5.4.1.    Global Spectacle Lenses Sales and Growth Rate (2014-2018)

6.       Ophthalmic Devices Market, By Region

6.1.       Introduction

6.2.       Global Ophthalmic Devices Sales, Revenue and Market Share by Regions

6.2.1.  Global Ophthalmic Devices Sales by Regions (2014-2018)

6.2.2.  Global Ophthalmic Devices Revenue by Regions (2014-2018)

6.3.       North America Ophthalmic Devices by Countries

6.3.1.  North America Ophthalmic Devices Sales and Growth Rate (2014-2018)

6.3.2.  North America Ophthalmic Devices Revenue and Growth Rate (2014-2018)

6.3.3.  North America Ophthalmic Devices Sales by Countries (2014-2018)

6.3.4.  North America Ophthalmic Devices Revenue (Million USD) by Countries (2014-2018)

6.3.5.  U.S.

6.3.5.1.    United States Ophthalmic Devices Sales and Growth Rate (2014-2018)

6.3.5.2.    United States Ophthalmic Devices Revenue (Millions USD) and Growth Rate (2014-2018)

6.3.6.  Canada

6.3.6.1.    Canada Ophthalmic Devices Sales and Growth Rate (2014-2018)

6.3.6.2.    Canada Ophthalmic Devices Sales (Millions USD) and Growth Rate (2014-2018)

6.3.7.  Mexico

6.3.7.1.    Mexico Ophthalmic Devices Sales and Growth Rate (2014-2018)

6.3.7.2.    Mexico Ophthalmic Devices Revenue (Millions USD) and Growth Rate (2014-2018)

6.4.       Europe Ophthalmic Devices by Countries

6.4.1.  Europe Ophthalmic Devices Sales and Growth Rate (2014-2018)

6.4.2.  Europe Ophthalmic Devices Revenue and Growth Rate (2014-2018)

6.4.3.  Europe Ophthalmic Devices Sales by Countries (2014-2018)

6.4.4.  Europe Ophthalmic Devices Revenue (Million USD) by Countries (2014-2018)

6.4.5.  Germany

6.4.5.1.    Germany Ophthalmic Devices Sales and Growth Rate (2014-2018)

6.4.5.2.    Germany Ophthalmic Devices Revenue (Millions USD) and Growth Rate (2014-2018)

6.4.6.  UK

6.4.6.1.    UK Ophthalmic Devices Sales and Growth Rate (2014-2018)

6.4.6.2.    UK Ophthalmic Devices Revenue (Millions USD) and Growth Rate (2014-2018)

6.4.7.  France

6.4.7.1.    France Ophthalmic Devices Sales and Growth Rate (2014-2018)

6.4.7.2.    France Ophthalmic Devices Revenue (Millions USD) and Growth Rate (2014-2018)

6.4.8.  Russia

6.4.8.1.    Russia Ophthalmic Devices Sales and Growth Rate (2014-2018)

6.4.8.2.    Russia Ophthalmic Devices Revenue (Millions USD) and Growth Rate (2014-2018)

6.4.9.  Italy

6.4.9.1.    Italy Ophthalmic Devices Sales and Growth Rate (2014-2018)

6.4.9.2.    Italy Ophthalmic Devices Revenue (Millions USD) and Growth Rate (2014-2018)

6.4.10.      Rest of Europe

6.4.10.1. Rest of Europe Ophthalmic Devices Sales and Growth Rate (2014-2018)

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

6.5.       Asia-Pacific

6.5.1.  Asia-Pacific Ophthalmic Devices Sales and Growth Rate (2014-2018)

6.5.2.  Asia-Pacific Ophthalmic Devices Revenue and Growth Rate (2014-2018)

6.5.3.  Asia-Pacific Ophthalmic Devices Sales by Countries (2014-2018)

6.5.4.  Asia-Pacific Ophthalmic Devices Revenue (Million USD) by Countries (2014-2018)

6.5.5.  China

6.5.5.1.    China Ophthalmic Devices Sales and Growth Rate (2014-2018)

6.5.5.2.    China Ophthalmic Devices Revenue (Millions USD) and Growth Rate (2014-2018)

6.5.6.  Japan

6.5.6.1.    Japan Ophthalmic Devices Sales and Growth Rate (2014-2018)

6.5.6.2.    Japan Ophthalmic Devices Revenue (Millions USD) and Growth Rate (2014-2018)

6.5.6.3.     

6.5.7.  Korea

6.5.7.1.    Korea Ophthalmic Devices Sales and Growth Rate (2014-2018)

6.5.7.2.    Korea Ophthalmic Devices Revenue (Millions USD) and Growth Rate (2014-2018)

6.5.8.  India

6.5.8.1.    India Ophthalmic Devices Sales and Growth Rate (2014-2018)

6.5.8.2.    India Ophthalmic Devices Revenue (Millions USD) and Growth Rate (2014-2018)

6.5.9.  Southeast Asia

6.5.9.1.    Southeast Asia Ophthalmic Devices Sales and Growth Rate (2014-2018)

6.5.9.2.    Southeast Asia Ophthalmic Devices Revenue (Millions USD) and Growth Rate (2014-2018)

6.5.10.      Rest of Asia-Pacific

6.5.10.1. Rest of Asia-Pacific Ophthalmic Devices Sales and Growth Rate (2014-2018)

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

6.6.       South America

6.6.1.  South America Ophthalmic Devices Sales and Growth Rate (2014-2018)

6.6.2.  South America Ophthalmic Devices Revenue and Growth Rate (2014-2018)

6.6.3.  South America Ophthalmic Devices Sales by Countries (2014-2018)

6.6.4.  South America Ophthalmic Devices Revenue (Million USD) by Countries (2014-2018)

6.6.5.  Brazil

6.6.5.1.    Brazil Ophthalmic Devices Sales and Growth Rate (2014-2018)

6.6.5.2.    Brazil Ophthalmic Devices Revenue (Millions USD) and Growth Rate (2014-2018)

6.6.6.  Argentina

6.6.6.1.    Argentina Ophthalmic Devices Sales and Growth Rate (2014-2018)

6.6.6.2.    Argentina Ophthalmic Devices Revenue (Millions USD) and Growth Rate (2014-2018)

6.6.7.  Columbia

6.6.7.1.    Columbia Ophthalmic Devices Sales and Growth Rate (2014-2018)

6.6.7.2.    Columbia Ophthalmic Devices Revenue (Millions USD) and Growth Rate (2014-2018)

6.6.8.  Rest of South America

6.6.8.1.    Rest of South America Ophthalmic Devices Sales and Growth Rate (2014-2018)

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

6.7.       Middle East and Africa

6.7.1.  Middle East and Africa Ophthalmic Devices Sales and Growth Rate (2014-2018)

6.7.2.  Middle East and Africa Ophthalmic Devices Revenue and Growth Rate (2014-2018)

6.7.3.  Middle East and Africa Ophthalmic Devices Sales by Countries (2014-2018)

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

6.7.5.  Saudi Arabia

6.7.5.1.    Saudi Arabia Ophthalmic Devices Sales and Growth Rate (2014-2018)

6.7.5.2.    Saudi Arabia Ophthalmic Devices Revenue (Millions USD) and Growth Rate (2014-2018)

6.7.6.  United Arab Emirates

6.7.6.1.    United Arab Emirates Ophthalmic Devices Sales and Growth Rate (2014-2018)

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

6.7.7.  Egypt

6.7.7.1.    Egypt Ophthalmic Devices Sales and Growth Rate (2014-2018)

6.7.7.2.    Egypt Ophthalmic Devices Revenue (Millions USD) and Growth Rate (2014-2018)

6.7.8.  Nigeria

6.7.8.1.    Nigeria Ophthalmic Devices Sales and Growth Rate (2014-2018)

6.7.8.2.    Nigeria Ophthalmic Devices Revenue (Millions USD) and Growth Rate (2014-2018)

6.7.9.  South Africa

6.7.9.1.    South Africa Ophthalmic Devices Sales and Growth Rate (2014-2018)

6.7.9.2.    South Africa Ophthalmic Devices Revenue (Millions USD) and Growth Rate (2014-2018)

6.7.10.      Rest of Middle East and Africa

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

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

7.       Company Profiles

7.1.       Abbott Medical Optics Inc.

7.1.1.  Business Overview

7.1.2.  Product Portfolio

7.1.3.  Strategic Developments

7.1.4.  Sales, Revenue and Market Share

7.2.       Carl Zeiss Meditec AG

7.2.1.  Business Overview

7.2.2.  Product Portfolio

7.2.3.  Strategic Developments

7.2.4.  Sales, Revenue and Market Share

7.3.       Alcon Inc.

7.3.1.  Business Overview

7.3.2.  Product Portfolio

7.3.3.  Strategic Developments

7.3.4.  Sales, Revenue and Market Share

7.4.       Bausch & Lomb, Inc.

7.4.1.  Business Overview

7.4.2.  Product Portfolio

7.4.3.  Strategic Developments

7.4.4.  Sales, Revenue and Market Share

7.5.       Haag-Streit

7.5.1.  Business Overview

7.5.2.  Product Portfolio

7.5.3.  Strategic Developments

7.5.4.  Sales, Revenue and Market Share

7.6.       Topcon Corporation

7.6.1.  Business Overview

7.6.2.  Product Portfolio

7.6.3.  Strategic Developments

7.6.4.  Sales, Revenue and Market Share

7.7.        Johnson & Johnson

7.7.1.  Business Overview

7.7.2.  Product Portfolio

7.7.3.  Strategic Developments

7.7.4.  Sales, Revenue and Market Share

7.8.       Essilor International S.A.

7.8.1.  Business Overview

7.8.2.  Product Portfolio

7.8.3.  Strategic Developments

7.8.4.  Sales, Revenue and Market Share

7.9.       Nidek Co. Ltd.

7.9.1.  Business Overview

7.9.2.  Product Portfolio

7.9.3.  Strategic Developments

7.9.4.  Sales, Revenue and Market Share

7.10.    Ziemer Ophthalmic Systems AG

7.10.1.      Business Overview

7.10.2.      Product Portfolio

7.10.3.      Strategic Developments

7.10.4.      Sales, Revenue and Market Share

8.       Global Ophthalmic Devices Market Competition, by Manufacturer

8.1.       Global Ophthalmic Devices Sales and Market Share by Manufacturer (2016-2017)

8.2.       Global Ophthalmic Devices Revenue and Market Share by Manufacturer (2016-2017)

8.3.       Global Ophthalmic Devices Price by Manufacturer (2016-2017)

8.4.       Top 5 Ophthalmic Devices Manufacturer Market Share

8.5.       Market Competition Trend

9.       Ophthalmic Devices Market Forecast (2018-2023)

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

9.2.       Ophthalmic Devices Market Forecast by Regions (2018-2023)

9.2.1.  North America Ophthalmic Devices Market Forecast (2018-2023)

9.2.1.1.    United States Ophthalmic Devices Market Forecast (2018-2023)

9.2.1.2.    Canada Ophthalmic Devices Market Forecast (2018-2023)

9.2.1.3.    Mexico Ophthalmic Devices Market Forecast (2018-2023)

9.2.2.  Europe Ophthalmic Devices Market Forecast (2018-2023)

9.2.2.1.    Germany Ophthalmic Devices Market Forecast (2018-2023)

9.2.2.2.    United Kingdom Ophthalmic Devices Market Forecast (2018-2023)

9.2.2.3.    France Ophthalmic Devices Market Forecast (2018-2023)

9.2.2.4.    Russia Ophthalmic Devices Market Forecast (2018-2023)

9.2.2.5.    Italy Ophthalmic Devices Market Forecast (2018-2023)

9.2.2.6.    Rest of the Europe Ophthalmic Devices Market Forecast (2018-2023)

9.2.3.  Asia-Pacific Ophthalmic Devices Market Forecast (2018-2023)

9.2.3.1.    China Ophthalmic Devices Market Forecast (2018-2023)

9.2.3.2.    Japan Ophthalmic Devices Market Forecast (2018-2023)

9.2.3.3.    Korea Ophthalmic Devices Market Forecast (2018-2023)

9.2.3.4.    India Ophthalmic Devices Market Forecast (2018-2023)

9.2.3.5.    Southeast Asia Ophthalmic Devices Market Forecast (2018-2023)

9.2.3.6.    Rest of Asia-Pacific Ophthalmic Devices Market Forecast (2018-2023)

9.2.4.  South America Ophthalmic Devices Market Forecast (2018-2023)

9.2.4.1.    Brazil Ophthalmic Devices Market Forecast (2018-2023)

9.2.4.2.    Argentina Ophthalmic Devices Market Forecast (2018-2023)

9.2.4.3.    Columbia Ophthalmic Devices Market Forecast (2018-2023)

9.2.4.4.    Rest of South America Ophthalmic Devices Market Forecast (2018-2023)

9.2.5.  Middle East and Africa Ophthalmic Devices Market Forecast (2018-2023)

9.2.5.1.    Saudi Arabia Ophthalmic Devices Market Forecast (2018-2023)

9.2.5.2.    UAE Ophthalmic Devices Market Forecast (2018-2023)

9.2.5.3.    Egypt Ophthalmic Devices Market Forecast (2018-2023)

9.2.5.4.    Nigeria Ophthalmic Devices Market Forecast (2018-2023)

9.2.5.5.    South Africa Ophthalmic Devices Market Forecast (2018-2023)

9.2.5.6.    Rest of MEA Ophthalmic Devices Market Forecast (2018-2023)

9.3.       Ophthalmic Devices Market Forecast by Product (2018-2023)

9.3.1.  Global Ophthalmic Devices Sales Forecast by Product (2018-2023)

9.3.2.  Global Ophthalmic Devices Sales Market Share Forecast by Product (2018-2023)


List of Tables

*You can glance through the list of Tables and Figures when you view the sample copy of Ophthalmic 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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