Spandex Fiber Market by End User and Production Process - Global Industry Analysis and Forecast to 2023

Published On : January 2018 Pages : 80 Category: Personal Care & Cosmetics Report Code : CG01524

Industry Outlook and Trend Analysis

The global Spandex Fibre market was worth USD 3.51 billion in 2014 and is expected to reach approximately USD 6.64 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 7.33% during the forecast period. Spandex fiber, otherwise called Lycra or elastane, is a long-chain polyurethane-polyurea copolymer that is made out of adaptable large scale glycol sections and unbending di-isocyanate fragments organized in a particular order. The fiber is defined by its remarkable elastic and recovers properties. These qualities involve its wide-scale use over an assorted arrangement of usages in material and garments and healthcare enterprises. Some noticeable areas of use for spandex fibers incorporate home-furnishings, sportswear, casual clothing and undergarments. Healthcare applications uses of spandex fiber incorporate pressure diapers and bandages, compression stockings & hoses, and so forth.

Production Process Outlook and Trend Analysis

Production procedure of spandex involves two procedures; solution wet spinning and solution dry spinning. Solution dry spinning is a cost effective process out of the two and consequently is made use of all the more normally. It likewise represents the bigger share of the overall industry between the two procedures. Solution wet spinning regardless of being costlier is becoming somewhat quicker than the arrangement dry turning on account of the it is used as a part of assembling spandex fiber for healthcare applications.

End User Outlook and Trend Analysis

The textile fragment represented the biggest share of the overall industry in the spandex fiber market. Expanding discretionary income in the creating nations has prompted increasing requirement for apparels, which thusly is powering the development of textile market. The requirement for spandex fibers is foreseen to develop because of quick development of sportswear market in the current years. This is making significant opportunities for the spandex fiber makers and to tap these opportunities, organizations are expanding their generation limits everywhere throughout the globe.

Regional Outlook and Trend Analysis

The spandex fiber market in Asia-Pacific is anticipated to develop at the most astounding CAGR throughout the forecast period. This is trailed by Europe and North America. India is the biggest developing business sector in the Asia-Pacific locale. Expanding remote speculations and change in the expectations for living standards of individuals in the nation are driving the development of the spandex market in India. In North America, the U.S. represented the biggest share in 2014.

Competitive Insights

The leading players in the market are Hyosung, Asahi Kasei, Far Eastern New Century, Investa, Acelon Chemicals & Fiber and Toray Industries. 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 Spandex Fiber market is segmented as follows-

By Production Process:

  • Solution Dry Spinning
  • Solution Wet Spinning

By End User:

  • Textile
  • Healthcare

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 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

  • Spandex Fiber Market, By End User, Estimates and Forecast, 2014-2023 ($Million)
    • Textile
    • Healthcare
  • Spandex Fiber Market, By Production Process, Estimates and Forecast, 2014-2023 ($Million)
    • Solution Dry Spinning
    • Solution Wet Spinning
  • Spandex Fiber Market, By Region, Estimates and Forecast, 2014-2023 ($Million)
    • North America
  • North America  Spandex Fiber Market, By Country
  • North America  Spandex Fiber Market, By End User
  • North America  Spandex Fiber Market, By Production Process
    • U.S.  Spandex Fiber Market, By End User
    • U.S. Spandex Fiber Market, By Production Process
    • Canada  Spandex Fiber Market, By End User
    • Canada  Spandex Fiber Market, By Production Process
    • Mexico  Spandex Fiber Market, By End User
    • Mexico  Spandex Fiber Market, By Production Process
    • Europe
  • Europe Spandex Fiber Market, By Country
  • Europe Spandex Fiber Market, By End User
  • Europe Spandex Fiber Market, By Production Process
    • Germany  Spandex Fiber Market, By End User
    • Germany  Spandex Fiber Market, By Production Process
    • France Spandex Fiber Market, By End User
    • France Spandex Fiber Market, By Production Process
    • UK   Spandex Fiber Market, By End User
    • UK   Spandex Fiber Market, By Production Process
    • Italy   Spandex Fiber Market, By End User
    • Italy   Spandex Fiber Market, By Production Process
    • Spain   Spandex Fiber Market, By End User
    • Spain   Spandex Fiber Market, By Production Process
    • Rest of Europe   Spandex Fiber Market, By End User
    • Rest of Europe   Spandex Fiber Market, By Production Process
    • Asia-Pacific
      • Asia-Pacific   Spandex Fiber Market, By Country
      • Asia-Pacific   Spandex Fiber Market, By End User
      • Asia-Pacific   Spandex Fiber Market, By Production Process
        • Japan   Spandex Fiber Market, By End User
        • Japan   Spandex Fiber Market, By Production Process
        • Australia   Spandex Fiber Market, By End User
        • Australia   Spandex Fiber Market, By Production Process
        • India   Spandex Fiber Market, By End User
        • India   Spandex Fiber Market, By Production Process
        • South Korea   Spandex Fiber Market, By End User
        • South Korea   Spandex Fiber Market, By Production Process
        • Rest of Asia-Pacific   Spandex Fiber Market, By End User
        • Rest of Asia-Pacific   Spandex Fiber Market, By Production Process
    • Rest of the World
      • Rest of the World   Spandex Fiber Market, By Country
      • Rest of the World   Spandex Fiber Market, By End User
      • Rest of the World   Spandex Fiber Market, By Production Process
        • Brazil   Spandex Fiber Market, By End User
        • Brazil   Spandex Fiber Market, By Production Process
        • South Africa   Spandex Fiber Market, By End User
        • South Africa   Spandex Fiber Market, By Production Process
        • Saudi Arabia   Spandex Fiber Market, By End User
        • Saudi Arabia   Spandex Fiber Market, By Production Process
        • Turkey   Spandex Fiber Market, By End User
        • Turkey   Spandex Fiber Market, By Production Process
        • United Arab Emirates   Spandex Fiber Market, By End User
        • United Arab Emirates   Spandex Fiber Market, By Production Process
        • Others   Spandex Fiber Market, By End User
        • Others   Spandex Fiber Market, By Production Process

Table of Contents

1.       Introduction

1.1.       Report Description

1.2.       Research Methodology

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 Disposable Income in the Developing Countries

3.2.1.2.    Wide Range of Applications Across Various Industry

3.2.2.  Restraints

3.2.2.1.    Sensitive to Heat

3.2.3.  Opportunities

3.2.3.1.    Emerging Markets to Offer Lucrative Growth Opportunities

3.2.3.2.    Rapid Growing Demand in the Textile Industry

4.       Spandex Fiber Market, By End User

4.1.       Introduction

4.2.       Global Spandex Fiber Sales, Revenue and Market Share by End User (2014-2017)

4.2.1.  Global Spandex Fiber Sales and Sales Share by End User (2014-2017)

4.2.2.  Global Spandex Fiber Revenue and Revenue Share by End User (2014-2017)

4.3.       Spandex Fiber Market   Assessment and Forecast, By End User, 2014-2023

4.4.       Textile

4.4.1.  Market Assessment and Forecast, By Region, 2014-2023($Million)

4.5.       Healthcare

4.5.1.  Market Assessment and Forecast, By Region, 2014-2023($Million)

5.       Spandex Fiber Market, By Production Process

5.1.       Introduction

5.2.       Global Spandex Fiber Sales, Revenue and Market Share by Production Process (2014-2017)

5.2.1.  Global Spandex Fiber Sales and Sales Share by Production Process (2014-2017)

5.2.2.  Global Spandex Fiber Revenue and Revenue Share by Production Process (2014-2017)

5.3.       The Spandex Fiber Market   Assessment and Forecast, By Production Process, 2014-2023

5.4.       Solution Dry Spinning

5.4.1.  Market Assessment and Forecast, By Region, 2014-2023($Million)

5.5.       Solution Wet Spinning

5.5.1.  Market Assessment and Forecast, By Region, 2014-2023($Million)

6.       Spandex Fiber Market, By Region

6.1.       Introduction

6.2.       Spandex Fiber Market Assessment and Forecast, By Region, 2014-2023 ($Million)

6.3.       Global Spandex Fiber Sales, Revenue and Market Share by Regions

6.3.1.  Global Spandex Fiber Sales by Regions (2014-2017)

6.3.2.  Global Spandex Fiber Revenue by Regions (2014-2017)

6.4.       North America

6.4.1.  North America Spandex Fiber Sales and Growth Rate (2014-2017)

6.4.2.  Market Assessment and Forecast, By Country, 2014-2023($Million)

6.4.3.  Market Assessment and Forecast, By End User, 2014-2023($Million)

6.4.4.  Market Assessment and Forecast, By Production Process, 2014-2023($Million)

6.4.5.  U.S.

6.4.5.1.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.4.5.2.    Market Assessment and Forecast, By Production Process, 2014-2023($Million)

6.4.6.  Canada

6.4.6.1.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.4.6.2.    Market Assessment and Forecast, By Production Process, 2014-2023($Million)

6.4.7.  Mexico

6.4.7.1.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.4.7.2.    Market Assessment and Forecast, By Production Process, 2014-2023($Million)

6.5.       Europe

6.5.1.  Europe Spandex Fiber Sales and Growth Rate (2014-2017)

6.5.2.  Market Assessment and Forecast, By Country, 2014-2023($Million)

6.5.3.  Market Assessment and Forecast, By End User, 2014-2023($Million)

6.5.4.  Market Assessment and Forecast, By Production Process, 2014-2023($Million)

6.5.5.  Germany

6.5.5.1.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.5.5.2.    Market Assessment and Forecast, By Production Process, 2014-2023($Million)

6.5.6.  France

6.5.6.1.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.5.6.2.    Market Assessment and Forecast, By Production Process, 2014-2023($Million)

6.5.7.  UK

6.5.7.1.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.5.7.2.    Market Assessment and Forecast, By Production Process, 2014-2023($Million)

6.5.8.  Italy

6.5.8.1.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.5.8.2.    Market Assessment and Forecast, By Production Process, 2014-2023($Million)

6.5.9.  Spain

6.5.9.1.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.5.9.2.    Market Assessment and Forecast, By Production Process, 2014-2023($Million)

6.5.10.      Rest of Europe

6.5.10.1. Market Assessment and Forecast, By End User, 2014-2023($Million)

6.5.10.2. Market Assessment and Forecast, By Production Process, 2014-2023($Million)

6.6.       Asia-Pacific

6.6.1.  Asia-Pacific Spandex Fiber Sales and Growth Rate (2014-2017)

6.6.2.  Market Assessment and Forecast, By Country, 2014-2023($Million)

6.6.3.  Market Assessment and Forecast, By End User, 2014-2023($Million)

6.6.4.  Market Assessment and Forecast, By Production Process, 2014-2023($Million)

6.6.5.  Japan

6.6.5.1.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.6.5.2.    Market Assessment and Forecast, By Production Process, 2014-2023($Million)

6.6.6.  China

6.6.6.1.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.6.6.2.    Market Assessment and Forecast, By Production Process, 2014-2023($Million)

6.6.7.  Australia

6.6.7.1.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.6.7.2.    Market Assessment and Forecast, By Production Process, 2014-2023($Million)

6.6.8.  India

6.6.8.1.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.6.8.2.    Market Assessment and Forecast, By Production Process, 2014-2023($Million)

6.6.9.  South Korea

6.6.9.1.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.6.9.2.    Market Assessment and Forecast, By Production Process, 2014-2023($Million)

6.6.10.      Rest of Asia-Pacific

6.6.10.1. Market Assessment and Forecast, By End User, 2014-2023($Million)

6.6.10.2. Market Assessment and Forecast, By Production Process, 2014-2023($Million)

6.7.       Rest of the World

6.7.1.  Rest of the World Spandex Fiber Sales and Growth Rate (2014-2017)

6.7.2.  Market Assessment and Forecast, By Country, 2014-2023($Million)

6.7.3.  Market Assessment and Forecast, By End User, 2014-2023($Million)

6.7.4.  Market Assessment and Forecast, By Production Process, 2014-2023($Million)

6.7.5.  Brazil

6.7.5.1.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.7.5.2.    Market Assessment and Forecast, By Production Process, 2014-2023($Million)

6.7.6.  Turkey

6.7.6.1.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.7.6.2.    Market Assessment and Forecast, By Production Process, 2014-2023($Million)

6.7.7.  Saudi Arabia

6.7.7.1.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.7.7.2.    Market Assessment and Forecast, By Production Process, 2014-2023($Million)

6.7.8.  South Africa

6.7.8.1.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.7.8.2.    Market Assessment and Forecast, By Production Process, 2014-2023($Million)

6.7.9.  United Arab Emirates

6.7.9.1.    Market Assessment and Forecast, By End User, 2014-2023($Million)

6.7.9.2.    Market Assessment and Forecast, By Production Process, 2014-2023($Million)

6.7.10.      Others

6.7.10.1. Market Assessment and Forecast, By End User, 2014-2023($Million)

6.7.10.2. Market Assessment and Forecast, By Production Process, 2014-2023($Million)

7.       Company Profiles

7.1.       E. I. Du Pont De Nemours and Company

7.1.1.  Business Overview

7.1.2.  Product Portfolio

7.1.3.  Strategic Developments

7.1.4.  Spandex Fiber Sales, Revenue and Market Share

7.2.       Teijin Limited

7.2.1.  Business Overview

7.2.2.  Product Portfolio

7.2.3.  Strategic Developments

7.2.4.  Spandex Fiber Sales, Revenue and Market Share

7.3.       Far Eastern New Century Corporation

7.3.1.  Business Overview

7.3.2.  Product  Portfolio

7.3.3.  Strategic Developments

7.3.4.  Spandex Fiber Sales, Revenue and Market Share

7.4.       Asahi Kasei Corporation

7.4.1.  Business Overview

7.4.2.  Product Portfolio

7.4.3.  Strategic Developments

7.4.4.  Spandex Fiber Sales, Revenue and Market Share

7.5.       Toray Industries Inc.

7.5.1.  Business Overview

7.5.2.  Product Portfolio

7.5.3.  Strategic Developments

7.5.4.  Spandex Fiber Sales, Revenue and Market Share

7.6.       Acelon Chemical and Fiber Corporation

7.6.1.  Business Overview

7.6.2.  Product Portfolio

7.6.3.  Strategic Developments

7.6.4.  Spandex Fiber Sales, Revenue and Market Share

7.7.       Toyobo Co., Ltd

7.7.1.  Business Overview

7.7.2.  Product Portfolio

7.7.3.  Strategic Developments

7.7.4.  Spandex Fiber Sales, Revenue and Market Share

7.8.       Indorama Corporation

7.8.1.  Business Overview

7.8.2.  Product  Portfolio

7.8.3.  Strategic Developments

7.8.4.  Spandex Fiber Sales, Revenue and Market Share

7.9.       Invista

7.9.1.  Business Overview

7.9.2.  Product  Portfolio

7.9.3.  Strategic Developments

7.9.4.  Spandex Fiber Sales, Revenue and Market Share

8.       Global Spandex Fiber Market Competition, by Manufacturer

8.1.       Global Spandex Fiber Sales and Market Share by Manufacturer (2016-2017)

8.2.       Global Spandex Fiber Revenue and Market Share by Manufacturer (2016-2017)

8.3.       Top 5 Spandex Fiber Manufacturer Market Share

8.4.       Market Competition Trend


List of Tables

Table: Global Spandex Fiber Market, By End User, 2014-2023($Million)

Table: Global Spandex Fiber Sales and Sales Share by End User (2014-2017)

Table: Global Spandex Fiber Revenue and Revenue Share by End User (2014-2017)

Table: Textile Market, By Region, 2014-2023($Million)

Table: Healthcare Market, By Region, 2014-2023($Million)

Table: Global Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: Global Spandex Fiber Sales and Sales Share by Production Process (2014-2017)

Table: Global Spandex Fiber Revenue and Revenue Share by Production Process (2014-2017)

Table: Solution Dry Spinning Market, By Region, 2014-2023($Million)

Table: Solution Wet Spinning Market, By Region, 2014-2023($Million)

Table: Global Spandex Fiber Sales, Revenue and Market Share by Regions

Table: North America Spandex Fiber Sales and Growth Rate (2014-2017)

Table: North America Spandex Fiber Market, By Country, 2014-2023($Million)

Table: North America Spandex Fiber Market, By End User, 2014-2023($Million)

Table: North America Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: U.S. Spandex Fiber Market, By End User, 2014-2023($Million)

Table: U.S. Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: Canada Spandex Fiber Market, By End User, 2014-2023($Million)

Table: Canada Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: Mexico Spandex Fiber Market, By End User, 2014-2023($Million)

Table: Mexico Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: Europe Spandex Fiber Sales and Growth Rate (2014-2017)

Table: Europe Spandex Fiber Market, By Country, 2014-2023($Million)

Table: Europe Spandex Fiber Market, By End User, 2014-2023($Million)

Table: Europe Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: Germany Spandex Fiber Market, By End User, 2014-2023($Million)

Table: Germany Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: France Spandex Fiber Market, By End User, 2014-2023($Million)

Table: France Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: UK Spandex Fiber Market, By End User, 2014-2023($Million)

Table: UK Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: Italy Spandex Fiber Market, By End User, 2014-2023($Million)

Table: Italy Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: Spain Spandex Fiber Market, By End User, 2014-2023($Million)

Table: Spain Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: Rest of Europe Spandex Fiber Market, By End User, 2014-2023($Million)

Table: Rest of Europe Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: Asia-Pacific Spandex Fiber Sales and Growth Rate (2014-2017)

Table: Asia-Pacific Spandex Fiber Market, By Country, 2014-2023($Million)

Table: Asia-Pacific Spandex Fiber Market, By End User, 2014-2023($Million)

Table: Asia-Pacific Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: Japan Spandex Fiber Market, By End User, 2014-2023($Million)

Table: Japan Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: China Spandex Fiber Market, By End User, 2014-2023($Million)

Table: China Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: Australia Spandex Fiber Market, By End User, 2014-2023($Million)

Table: Australia Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: India Spandex Fiber Market, By End User, 2014-2023($Million)

Table: India Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: South Korea Spandex Fiber Market, By End User, 2014-2023($Million)

Table: South Korea Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: Rest of Asia-Pacific Spandex Fiber Market, By End User, 2014-2023($Million)

Table: Rest of Asia-Pacific Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: Rest of the World Spandex Fiber Sales and Growth Rate (2014-2017)

Table: Rest of the World Spandex Fiber Market, By Country, 2014-2023($Million)

Table: Rest of the World Spandex Fiber Market, By End User, 2014-2023($Million)

Table: Rest of the World Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: Brazil Spandex Fiber Market, By End User, 2014-2023($Million)

Table: Brazil Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: Turkey Spandex Fiber Market, By End User, 2014-2023($Million)

Table: Turkey Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: Saudi Arabia Spandex Fiber Market, By End User, 2014-2023($Million)

Table: Saudi Arabia Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: South Africa Spandex Fiber Market, By End User, 2014-2023($Million)

Table: South Africa Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: United Arab Emirates Spandex Fiber Market, By End User, 2014-2023($Million)

Table: United Arab Emirates Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: Others Spandex Fiber Market, By End User, 2014-2023($Million)

Table: Others Spandex Fiber Market, By Production Process, 2014-2023($Million)

Table: E. I. Du Pont De Nemours and Company: Key Strategic Developments, 2015-2017

Table: Teijin Limited: Key Strategic Developments, 2015-2017

Table: Far Eastern New Century Corporation: Key Strategic Developments, 2015-2017

Table: Asahi Kasei Corporation: Key Strategic Developments, 2015-2017

Table: Toray Industries Inc.: Key Strategic Developments, 2015-2017

Table: Acelon Chemical and Fiber Corporation: Key Strategic Developments, 2015-2017

Table: Toyobo Co., Ltd: Key Strategic Developments, 2015-2017

Table: Indorama Corporation: Key Strategic Developments, 2015-2017

Table: Invista: Key Strategic Developments, 2015-2017


List of Figures

Figure: Global Spandex Fiber Market Share, By End User, 2014 & 2023

Figure: Global Spandex Fiber Market, By Production Process, 2014 & 2023 ($Million)

Figure: Global Spandex Fiber Market, By Region, 2014 & 2023 ($Million)

Figure: Global Spandex Fiber Sales and Sales Share by End User (2014-2017)

Figure: Global Spandex Fiber Revenue and Revenue Share by End User (2014-2017)

Figure: Global Spandex Fiber Sales and Sales Share by Production Process (2014-2017)

Figure: Global Spandex Fiber Revenue and Revenue Share by Production Process (2014-2017)

Figure: North America Spandex Fiber Sales and Growth Rate (2014-2017)

Figure: Europe Spandex Fiber Sales and Growth Rate (2014-2017)

Figure: Asia-Pacific Spandex Fiber Sales and Growth Rate (2014-2017)

Figure: Rest of the World Spandex Fiber Sales and Growth Rate (2014-2017)

Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

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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