Prosthetic Foot Market By Product Type And End User- Global Industry Analysis And Forecast To 2023

Published On : June 2018 Pages : 190 Category: Healthcare IT Report Code : HC06836

Industry Outlook and Trend Analysis

The Prosthetic Foot Market was worth USD 1.53 billion in 2014 and is expected to reach approximately USD 2.41 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.17% during the forecast period. The key components driving this market are worldwide increment in the quantity of removal cases, innovative progressions, and activities taken by government associations, for example, Centres for Disease Control and charitable associations like Amputee Coalition, to encourage subsidizing and purchases of prosthetic gadgets. Besides, the U.S. government is likewise putting resources into innovatively progressed prosthetic appendages for warriors and veterans, which is additionally foreseen to drive this market over the figure time frame.

Drivers & Restrains Outlook and Trend Analysis

Worldwide increase in number of removal cases inferable from different hazard factors, for example, mischances, serious wounds and destructive tumours in the bone or muscles of appendages, appendage disease, and frostbite, will led to the growth of the market over the forecast period. Some different causes, for example, corpulence, diabetes, vascular malady, stroke, and joint pain likewise add to the expanding number of removal cases. As per the assessments distributed by the Amputee Coalition, around 185,000 removals are performed in the U.S every year. These assessments speak to a surge popular for these gadgets, which are relied upon to positively affect the market.

Regional Outlook and Trend Analysis

North American region ruled the global prosthetic foot market over the forecast period. Expanding healthcare expenditure, developing appropriation of mechanically propelled items, surging amputee populace, and ideal government activities with respect to automated innovation are a portion of the key drivers in charge of the biggest income share held by North America.

Competitive Insights

The leading players in the market are Otto Bock HealthCare GmbH, Blatchford Ltd., Ossur, Touch Bionics Inc., Hanger Inc., The Ohio Willow Wood Co 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 Prosthetic Foot Market is segmented as follows-

By Product Type:

  • Upper Limb Prosthetic
  • Lower Limb Prosthetic
  • Liners
  • Sockets
  • Modular Components

By End User:

  • Hospitals
  • Prosthetic Clinics
  • Rehabilitation Centres
  • Other End Users

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

·         Prosthetic Foot Market , By Product Type, Estimates and Forecast, 2014-2023 ($Million)

o    Upper Limb Prosthetic

§  Lower Limb Prosthetic

§  Liners

§  Sockets

§  Modular Components

·         Prosthetic Foot Market , By End User, Estimates and Forecast, 2014-2023 ($Million)

o    Hospitals

§  Prosthetic Clinics

§  Rehabilitation Centers

§  Other End Users

·         Prosthetic Foot Market , By Region, Estimates and Forecast, 2014-2023 ($Million)

·         North America

§  North America Prosthetic Foot Market , By Country

o    U.S. Prosthetic Foot Market

o    Canada Prosthetic Foot Market

o    Mexico Prosthetic Foot Market

·         Europe

§  Europe Prosthetic Foot Market , By Country

o    Germany Prosthetic Foot Market

o    UK Prosthetic Foot Market

o    France Prosthetic Foot Market

o    Russia Prosthetic Foot Market

o    Italy Prosthetic Foot Market

o    Rest of Europe Prosthetic Foot Market

·         Asia-Pacific

§  Asia-Pacific Prosthetic Foot Market , By Country

o    China Prosthetic Foot Market

o    Japan Prosthetic Foot Market

o    South Korea Prosthetic Foot Market

o    India Prosthetic Foot Market

o    Southeast Asia Prosthetic Foot Market

o    Rest of Asia-Pacific Prosthetic Foot Market

·         South America

§  South America Prosthetic Foot Market

o    Brazil Prosthetic Foot Market

o    Argentina Prosthetic Foot Market

o    Columbia Prosthetic Foot Market

o    South Africa Prosthetic Foot Market

o    Rest of South America Prosthetic Foot Market

·         Middle East and Africa

§  Middle East and Africa Prosthetic Foot Market

o    Saudi Arabia Prosthetic Foot Market

o    UAE Prosthetic Foot Market

o    Egypt Prosthetic Foot Market

o    Nigeria Prosthetic Foot Market

o    South Africa Prosthetic Foot Market

o    Rest of MEA Prosthetic Foot 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.    Rising Adoption of Prophylaxis End User

3.2.1.2.    Favorable Government Initiatives and Mandates

3.2.2.  Restraints

3.2.2.1.    Low Adoption Rate of New Products Launched

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.       Prosthetic Foot Market , By Product Type

5.1.       Introduction

5.2.       Global Prosthetic Foot Sales, Revenue and Market Share by Product Type (2014-2018)

5.2.1.  Global Prosthetic Foot Sales and Sales Share by Product Type (2014-2018)

5.2.2.  Global Prosthetic Foot Revenue and Revenue Share by Product Type (2014-2018)

5.3.       Upper Limb Prosthetic

5.3.1.  Global Upper Limb Prosthetic Sales and Growth Rate By Type (2014-2018)

5.3.2.  Global Upper Limb Prosthetic Sales and Growth Rate (2014-2018)

5.3.3.  Lower Limb Prosthetic

5.3.3.1.    Global Lower Limb Prosthetic Sales and Growth Rate (2014-2018)

5.3.4.  Liners

5.3.4.1.    Global Liners Sales and Growth Rate (2014-2018)

5.3.5.  Sockets

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

5.3.6.  Modular Components

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

6.       Prosthetic Foot Market , By End User

6.1.       Introduction

6.2.       Global Prosthetic Foot Sales, Revenue and Market Share by End User (2014-2018)

6.2.1.  Global Prosthetic Foot Sales and Sales Share by End User (2014-2018)

6.2.2.  Global Prosthetic Foot Revenue and Revenue Share by End User (2014-2018)

6.3.       Hospitals

6.3.1.  Global Hospitals Sales and Growth Rate By Type (2014-2018)

6.3.2.  Global Hospitals Sales and Growth Rate (2014-2018)

6.3.3.  Prosthetic Clinics

6.3.3.1.    Global Prosthetic Clinics Sales and Growth Rate (2014-2018)

6.3.4.  Rehabilitation Centers

6.3.4.1.    Global Rehabilitation Centers Sales and Growth Rate (2014-2018)

6.3.5.  Other End Users

6.3.5.1.    Global Other End Users Sales and Growth Rate (2014-2018)

7.       Prosthetic Foot Market , By Region

7.1.       Introduction

7.2.       Global Prosthetic Foot Sales, Revenue and Market Share by Regions

7.2.1.  Global Prosthetic Foot Sales by Regions (2014-2018)

7.2.2.  Global Prosthetic Foot Revenue by Regions (2014-2018)

7.3.       North America Prosthetic Foot by Countries

7.3.1.  North America Prosthetic Foot Sales and Growth Rate (2014-2018)

7.3.2.  North America Prosthetic Foot Revenue and Growth Rate (2014-2018)

7.3.3.  North America Prosthetic Foot Sales by Countries (2014-2018)

7.3.4.  North America Prosthetic Foot Revenue (Million USD) by Countries (2014-2018)

7.3.5.  U.S.

7.3.5.1.    United States Prosthetic Foot Sales and Growth Rate (2014-2018)

7.3.5.2.    United States Prosthetic Foot Revenue (Millions USD) and Growth Rate (2014-2018)

7.3.6.  Canada

7.3.6.1.    Canada Prosthetic Foot Sales and Growth Rate (2014-2018)

7.3.6.2.    Canada Prosthetic Foot Sales (Millions USD) and Growth Rate (2014-2018)

7.3.7.  Mexico

7.3.7.1.    Mexico Prosthetic Foot Sales and Growth Rate (2014-2018)

7.3.7.2.    Mexico Prosthetic Foot Revenue (Millions USD) and Growth Rate (2014-2018)

7.4.       Europe Prosthetic Foot by Countries

7.4.1.  Europe Prosthetic Foot Sales and Growth Rate (2014-2018)

7.4.2.  Europe Prosthetic Foot Revenue and Growth Rate (2014-2018)

7.4.3.  Europe Prosthetic Foot Sales by Countries (2014-2018)

7.4.4.  Europe Prosthetic Foot Revenue (Million USD) by Countries (2014-2018)

7.4.5.  Germany

7.4.5.1.    Germany Prosthetic Foot Sales and Growth Rate (2014-2018)

7.4.5.2.    Germany Prosthetic Foot Revenue (Millions USD) and Growth Rate (2014-2018)

7.4.6.  UK

7.4.6.1.    UK Prosthetic Foot Sales and Growth Rate (2014-2018)

7.4.6.2.    UK Prosthetic Foot Revenue (Millions USD) and Growth Rate (2014-2018)

7.4.7.  France

7.4.7.1.    France Prosthetic Foot Sales and Growth Rate (2014-2018)

7.4.7.2.    France Prosthetic Foot Revenue (Millions USD) and Growth Rate (2014-2018)

7.4.8.  Russia

7.4.8.1.    Russia Prosthetic Foot Sales and Growth Rate (2014-2018)

7.4.8.2.    Russia Prosthetic Foot Revenue (Millions USD) and Growth Rate (2014-2018)

7.4.9.  Italy

7.4.9.1.    Italy Prosthetic Foot Sales and Growth Rate (2014-2018)

7.4.9.2.    Italy Prosthetic Foot Revenue (Millions USD) and Growth Rate (2014-2018)

7.4.10.      Rest of Europe

7.4.10.1. Rest of Europe Prosthetic Foot Sales and Growth Rate (2014-2018)

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

7.5.       Asia-Pacific

7.5.1.  Asia-Pacific Prosthetic Foot Sales and Growth Rate (2014-2018)

7.5.2.  Asia-Pacific Prosthetic Foot Revenue and Growth Rate (2014-2018)

7.5.3.  Asia-Pacific Prosthetic Foot Sales by Countries (2014-2018)

7.5.4.  Asia-Pacific Prosthetic Foot Revenue (Million USD) by Countries (2014-2018)

7.5.5.  China

7.5.5.1.    China Prosthetic Foot Sales and Growth Rate (2014-2018)

7.5.5.2.    China Prosthetic Foot Revenue (Millions USD) and Growth Rate (2014-2018)

7.5.6.  Japan

7.5.6.1.    Japan Prosthetic Foot Sales and Growth Rate (2014-2018)

7.5.6.2.    Japan Prosthetic Foot Revenue (Millions USD) and Growth Rate (2014-2018)

7.5.6.3.     

7.5.7.  Korea

7.5.7.1.    Korea Prosthetic Foot Sales and Growth Rate (2014-2018)

7.5.7.2.    Korea Prosthetic Foot Revenue (Millions USD) and Growth Rate (2014-2018)

7.5.8.  India

7.5.8.1.    India Prosthetic Foot Sales and Growth Rate (2014-2018)

7.5.8.2.    India Prosthetic Foot Revenue (Millions USD) and Growth Rate (2014-2018)

7.5.9.  Southeast Asia

7.5.9.1.    Southeast Asia Prosthetic Foot Sales and Growth Rate (2014-2018)

7.5.9.2.    Southeast Asia Prosthetic Foot Revenue (Millions USD) and Growth Rate (2014-2018)

7.5.10.      Rest of Asia-Pacific

7.5.10.1. Rest of Asia-Pacific Prosthetic Foot Sales and Growth Rate (2014-2018)

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

7.6.       South America

7.6.1.  South America Prosthetic Foot Sales and Growth Rate (2014-2018)

7.6.2.  South America Prosthetic Foot Revenue and Growth Rate (2014-2018)

7.6.3.  South America Prosthetic Foot Sales by Countries (2014-2018)

7.6.4.  South America Prosthetic Foot Revenue (Million USD) by Countries (2014-2018)

7.6.5.  Brazil

7.6.5.1.    Brazil Prosthetic Foot Sales and Growth Rate (2014-2018)

7.6.5.2.    Brazil Prosthetic Foot Revenue (Millions USD) and Growth Rate (2014-2018)

7.6.6.  Argentina

7.6.6.1.    Argentina Prosthetic Foot Sales and Growth Rate (2014-2018)

7.6.6.2.    Argentina Prosthetic Foot Revenue (Millions USD) and Growth Rate (2014-2018)

7.6.7.  Columbia

7.6.7.1.    Columbia Prosthetic Foot Sales and Growth Rate (2014-2018)

7.6.7.2.    Columbia Prosthetic Foot Revenue (Millions USD) and Growth Rate (2014-2018)

7.6.8.  Rest of South America

7.6.8.1.    Rest of South America Prosthetic Foot Sales and Growth Rate (2014-2018)

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

7.7.       Middle East and Africa

7.7.1.  Middle East and Africa Prosthetic Foot Sales and Growth Rate (2014-2018)

7.7.2.  Middle East and Africa Prosthetic Foot Revenue and Growth Rate (2014-2018)

7.7.3.  Middle East and Africa Prosthetic Foot Sales by Countries (2014-2018)

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

7.7.5.  Saudi Arabia

7.7.5.1.    Saudi Arabia Prosthetic Foot Sales and Growth Rate (2014-2018)

7.7.5.2.    Saudi Arabia Prosthetic Foot Revenue (Millions USD) and Growth Rate (2014-2018)

7.7.6.  United Arab Emirates

7.7.6.1.    United Arab Emirates Prosthetic Foot Sales and Growth Rate (2014-2018)

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

7.7.7.  Egypt

7.7.7.1.    Egypt Prosthetic Foot Sales and Growth Rate (2014-2018)

7.7.7.2.    Egypt Prosthetic Foot Revenue (Millions USD) and Growth Rate (2014-2018)

7.7.8.  Nigeria

7.7.8.1.    Nigeria Prosthetic Foot Sales and Growth Rate (2014-2018)

7.7.8.2.    Nigeria Prosthetic Foot Revenue (Millions USD) and Growth Rate (2014-2018)

7.7.9.  South Africa

7.7.9.1.    South Africa Prosthetic Foot Sales and Growth Rate (2014-2018)

7.7.9.2.    South Africa Prosthetic Foot 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 Prosthetic Foot Sales and Growth Rate (2014-2018)

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

8.       Company Profiles

8.1.         Ossur hf

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.       Hanger Inc.

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.       Otto Bock HealthCare GmbH

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.       Blatchford Ltd.

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.       Touch Bionics Inc.

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.       The Ohio Willow Wood Co.

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.       Fillauer LLC.

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.       Howard Orthopaedics Inc.

8.8.1.  Business Overview

8.8.2.  Product Portfolio

8.8.3.  Strategic Developments

8.8.4.  Sales, Revenue and Market Share

9.       Global Prosthetic Foot Market  Competition, by Manufacturer

9.1.       Global Prosthetic Foot Sales and Market Share by Manufacturer (2016-2017)

9.2.       Global Prosthetic Foot Revenue and Market Share by Manufacturer (2016-2017)

9.3.       Global Prosthetic Foot Price by Manufacturer (2016-2017)

9.4.       Top 5 Prosthetic Foot Manufacturer Market Share

9.5.       Market Competition Trend

10.   Prosthetic Foot Market  Forecast (2018-2023)

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

10.2.    Prosthetic Foot Market  Forecast by Regions (2018-2023)

10.2.1.      North America Prosthetic Foot Market  Forecast (2018-2023)

10.2.1.1. United States Prosthetic Foot Market  Forecast (2018-2023)

10.2.1.2. Canada Prosthetic Foot Market  Forecast (2018-2023)

10.2.1.3. Mexico Prosthetic Foot Market  Forecast (2018-2023)

10.2.2.      Europe Prosthetic Foot Market  Forecast (2018-2023)

10.2.2.1. Germany Prosthetic Foot Market  Forecast (2018-2023)

10.2.2.2. United Kingdom Prosthetic Foot Market  Forecast (2018-2023)

10.2.2.3. France Prosthetic Foot Market  Forecast (2018-2023)

10.2.2.4. Russia Prosthetic Foot Market  Forecast (2018-2023)

10.2.2.5. Italy Prosthetic Foot Market  Forecast (2018-2023)

10.2.2.6. Rest of the Europe Prosthetic Foot Market  Forecast (2018-2023)

10.2.3.      Asia-Pacific Prosthetic Foot Market  Forecast (2018-2023)

10.2.3.1. China Prosthetic Foot Market  Forecast (2018-2023)

10.2.3.2. Japan Prosthetic Foot Market  Forecast (2018-2023)

10.2.3.3. Korea Prosthetic Foot Market  Forecast (2018-2023)

10.2.3.4. India Prosthetic Foot Market  Forecast (2018-2023)

10.2.3.5. Southeast Asia Prosthetic Foot Market  Forecast (2018-2023)

10.2.3.6. Rest of Asia-Pacific Prosthetic Foot Market  Forecast (2018-2023)

10.2.4.      South America Prosthetic Foot Market  Forecast (2018-2023)

10.2.4.1. Brazil Prosthetic Foot Market  Forecast (2018-2023)

10.2.4.2. Argentina Prosthetic Foot Market  Forecast (2018-2023)

10.2.4.3. Columbia Prosthetic Foot Market  Forecast (2018-2023)

10.2.4.4. Rest of South America Prosthetic Foot Market  Forecast (2018-2023)

10.2.5.      Middle East and Africa Prosthetic Foot Market  Forecast (2018-2023)

10.2.5.1. Saudi Arabia Prosthetic Foot Market  Forecast (2018-2023)

10.2.5.2. UAE Prosthetic Foot Market  Forecast (2018-2023)

10.2.5.3. Egypt Prosthetic Foot Market  Forecast (2018-2023)

10.2.5.4. Nigeria Prosthetic Foot Market  Forecast (2018-2023)

10.2.5.5. South Africa Prosthetic Foot Market  Forecast (2018-2023)

10.2.5.6. Rest of MEA Prosthetic Foot Market  Forecast (2018-2023)

10.3.    Prosthetic Foot Market  Forecast by Product Type (2018-2023)

10.3.1.      Global Prosthetic Foot Sales Forecast by Product Type (2018-2023)

10.3.2.      Global Prosthetic Foot Sales Market Share Forecast by Product Type (2018-2023)

10.4.    Prosthetic Foot Market  Forecast by End User (2018-2023)

10.4.1.      Global Prosthetic Foot Sales Forecast by End User (2018-2023)

10.4.2.      Global Prosthetic Foot Sales Market Share Forecast by End User (2018-2023)


List of Tables

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