The Centesis Catheter Market is expected to register a CAGR of 8.50% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report presents an analysis based on bore type (large bore centesis catheters, small bore centesis catheters). The report is segmented by application (diagnostic, therapeutic, palliative) and by procedure (paracentesis, thoracentesis, amniocentesis, arthocentesis, other centesis procedures). The report further provides analysis based on end user (hospitals, ambulatory surgical centers, other end users). The global analysis is further broken-down at regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis and segments. The report provides key statistics on the market status of the key market players and offers market trends and opportunities.
Purpose of the ReportThe report Centesis Catheter Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Centesis Catheter Market Segmentation
Bore Type- Large Bore Centesis Catheters
- Small Bore Centesis Catheters
- Diagnostic
- Therapeutic
- Palliative
- Paracentesis
- Thoracentesis
- Amniocentesis
- Arthocentesis
- Other Centesis Procedures
- Hospitals
- Ambulatory Surgical Centers
- Other End Users
Strategic Insights
Centesis Catheter Market Growth Drivers- Increasing Incidence of Chronic Conditions: A major factor supportive to the growth of centesis catheter market is the rising prevalence of chronic conditions such as cancer, cardiac conditions and tuberculosis. Since such conditions also necessitate several procedures like non-interventional fluid drainages, the need for efficient and durable catheters is anticipated to grow more so in the elderly.
- Popularity of Image-Guided Interventions: The demand for image-guided centesis procedures is on the rise as they are more accurate and effective. This is in line with the advancement in imaging systems that enables accurate localization of the catheter thus enhancing the effectiveness of patients’ treatment and promoting the use of centesis catheters in clinical practice.
- Rise of Health Care Facilities:Enhanced market growth is being witnessed with the improvement of health care facilities especially in the underdeveloped countries. More hospitals and ambulatory surgeries having high end technologies are being built, which means that the demand for centesis catheters in multiple medical procedures will increase substantially.
- Emphasis on Minimally Invasive Procedures:There is an observable phenomenon of adopting minimally invasive surgical techniques in the entire healthcare sector. Over the years, Centesis catheters have found widespread use as they shorten the recovery period of patients and mitigate the risks associated with the procedure in line with the general trend of less invasive treatment methods.
- Rise in the number of Ambulatory Surgical Centers (ASCs):The increasing population of ambulatory surgical centers is also creating a need for the use of centesis catheters. ASCs are attractive to carry out any surgical procedure because they are cost-effective and efficient, thereby increasing the reliance of catheters to outpatient procedures.
- Improved Patient Safety Features:There is a push from the manufacturers to enhance the safety of the usage of centesis catheters to complications which may arise such as infections and needle-stick injuries. Designs like occlusion-resistant and built-in safety mechanisms have already become the standard enhancing patients’ safety within the healthcare system.
- Creation of Customized Catheters: It is within the capability of manufacturers to produce customized catheters for each individual pathology or procedure, for instance, the catheters for young children or for peculiar body structures. In this way, the product can be used as a tool for market.
- Entering into Strategic Agreements with Hospitals:The establishment of such partnerships enables the manufacturers to be acquainted with the clinical needs and their preferences. Such arrangements will result in the development of goods for particular markets, thus increasing the rate of acceptance of the goods.
- Advancement of Technologies by Dedicating Resources for Research and Development:Activating R&D can also result in products that help overcome offered catheter systems challenges. By doing so, companies will be able to enhance their chances of innovation by developing advanced materials or diagnostic functions incorporated into catheters.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Centesis Catheter Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Centesis Catheter Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
Have a question?
Mrinal
Mrinal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The major factors driving the centesis catheter market are:
1. Increaseing Cases of Chronic Disorders
2. Popularity of Image-Guided Interventions
3.Rise of Health Care Facilities
North America is expected to hold the largest share in the global centesis catheter market.
Cardinal Health, Inc Medtronic plc Becton, Dickinson and Company Boston Scientific Corporation B. Braun Melsungen AG Argon Medical Teleflex Incorporated Merit Medical Systems, Inc AngioDynamics
Based on bore type the market is segmented into large bore centesis catheters, small bore centesis catheters. The large bore centesis catheters segment is expected to hold the largest centesis catheter market share in 2023.
On the basis of end user, the market is further broken down into hospitals, clinics, and other . The hospitals segment is expected to hold the largest centesis catheter market share in 2023.
The Centesis Catheter Market is estimated to witness a CAGR of 8.50% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Centesis Catheters Market - By Bore Type
1.3.2 Centesis Catheters Market - By Application
1.3.3 Centesis Catheters Market - By Procedure
1.3.4 Centesis Catheters Market - By End User
1.3.5 Centesis Catheters Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CENTESIS CATHETERS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. CENTESIS CATHETERS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. CENTESIS CATHETERS MARKET - GLOBAL MARKET ANALYSIS
6.1. CENTESIS CATHETERS - GLOBAL MARKET OVERVIEW
6.2. CENTESIS CATHETERS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CENTESIS CATHETERS MARKET - REVENUE AND FORECASTS TO 2028 - BORE TYPE
7.1. OVERVIEW
7.2. BORE TYPE MARKET FORECASTS AND ANALYSIS
7.3. LARGE BORE CENTESIS CATHETERS
7.3.1. Overview
7.3.2. Large Bore Centesis Catheters Market Forecast and Analysis
7.4. SMALL BORE CENTESIS CATHETERS
7.4.1. Overview
7.4.2. Small Bore Centesis Catheters Market Forecast and Analysis
8. CENTESIS CATHETERS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. DIAGNOSTIC
8.3.1. Overview
8.3.2. Diagnostic Market Forecast and Analysis
8.4. THERAPEUTIC
8.4.1. Overview
8.4.2. Therapeutic Market Forecast and Analysis
8.5. PALLIATIVE
8.5.1. Overview
8.5.2. Palliative Market Forecast and Analysis
9. CENTESIS CATHETERS MARKET - REVENUE AND FORECASTS TO 2028 - PROCEDURE
9.1. OVERVIEW
9.2. PROCEDURE MARKET FORECASTS AND ANALYSIS
9.3. PARACENTESIS
9.3.1. Overview
9.3.2. Paracentesis Market Forecast and Analysis
9.4. THORACENTESIS
9.4.1. Overview
9.4.2. Thoracentesis Market Forecast and Analysis
9.5. AMNIOCENTESIS
9.5.1. Overview
9.5.2. Amniocentesis Market Forecast and Analysis
9.6. ARTHOCENTESIS
9.6.1. Overview
9.6.2. Arthocentesis Market Forecast and Analysis
9.7. OTHER CENTESIS PROCEDURES
9.7.1. Overview
9.7.2. Other Centesis Procedures Market Forecast and Analysis
10. CENTESIS CATHETERS MARKET - REVENUE AND FORECASTS TO 2028 - END USER
10.1. OVERVIEW
10.2. END USER MARKET FORECASTS AND ANALYSIS
10.3. HOSPITALS
10.3.1. Overview
10.3.2. Hospitals Market Forecast and Analysis
10.4. AMBULATORY SURGICAL CENTERS
10.4.1. Overview
10.4.2. Ambulatory Surgical Centers Market Forecast and Analysis
10.5. OTHER END USERS
10.5.1. Overview
10.5.2. Other End Users Market Forecast and Analysis
11. CENTESIS CATHETERS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Centesis Catheters Market Overview
11.1.2 North America Centesis Catheters Market Forecasts and Analysis
11.1.3 North America Centesis Catheters Market Forecasts and Analysis - By Bore Type
11.1.4 North America Centesis Catheters Market Forecasts and Analysis - By Application
11.1.5 North America Centesis Catheters Market Forecasts and Analysis - By Procedure
11.1.6 North America Centesis Catheters Market Forecasts and Analysis - By End User
11.1.7 North America Centesis Catheters Market Forecasts and Analysis - By Countries
11.1.7.1 United States Centesis Catheters Market
11.1.7.1.1 United States Centesis Catheters Market by Bore Type
11.1.7.1.2 United States Centesis Catheters Market by Application
11.1.7.1.3 United States Centesis Catheters Market by Procedure
11.1.7.1.4 United States Centesis Catheters Market by End User
11.1.7.2 Canada Centesis Catheters Market
11.1.7.2.1 Canada Centesis Catheters Market by Bore Type
11.1.7.2.2 Canada Centesis Catheters Market by Application
11.1.7.2.3 Canada Centesis Catheters Market by Procedure
11.1.7.2.4 Canada Centesis Catheters Market by End User
11.1.7.3 Mexico Centesis Catheters Market
11.1.7.3.1 Mexico Centesis Catheters Market by Bore Type
11.1.7.3.2 Mexico Centesis Catheters Market by Application
11.1.7.3.3 Mexico Centesis Catheters Market by Procedure
11.1.7.3.4 Mexico Centesis Catheters Market by End User
11.2. EUROPE
11.2.1 Europe Centesis Catheters Market Overview
11.2.2 Europe Centesis Catheters Market Forecasts and Analysis
11.2.3 Europe Centesis Catheters Market Forecasts and Analysis - By Bore Type
11.2.4 Europe Centesis Catheters Market Forecasts and Analysis - By Application
11.2.5 Europe Centesis Catheters Market Forecasts and Analysis - By Procedure
11.2.6 Europe Centesis Catheters Market Forecasts and Analysis - By End User
11.2.7 Europe Centesis Catheters Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Centesis Catheters Market
11.2.7.1.1 Germany Centesis Catheters Market by Bore Type
11.2.7.1.2 Germany Centesis Catheters Market by Application
11.2.7.1.3 Germany Centesis Catheters Market by Procedure
11.2.7.1.4 Germany Centesis Catheters Market by End User
11.2.7.2 France Centesis Catheters Market
11.2.7.2.1 France Centesis Catheters Market by Bore Type
11.2.7.2.2 France Centesis Catheters Market by Application
11.2.7.2.3 France Centesis Catheters Market by Procedure
11.2.7.2.4 France Centesis Catheters Market by End User
11.2.7.3 Italy Centesis Catheters Market
11.2.7.3.1 Italy Centesis Catheters Market by Bore Type
11.2.7.3.2 Italy Centesis Catheters Market by Application
11.2.7.3.3 Italy Centesis Catheters Market by Procedure
11.2.7.3.4 Italy Centesis Catheters Market by End User
11.2.7.4 Spain Centesis Catheters Market
11.2.7.4.1 Spain Centesis Catheters Market by Bore Type
11.2.7.4.2 Spain Centesis Catheters Market by Application
11.2.7.4.3 Spain Centesis Catheters Market by Procedure
11.2.7.4.4 Spain Centesis Catheters Market by End User
11.2.7.5 United Kingdom Centesis Catheters Market
11.2.7.5.1 United Kingdom Centesis Catheters Market by Bore Type
11.2.7.5.2 United Kingdom Centesis Catheters Market by Application
11.2.7.5.3 United Kingdom Centesis Catheters Market by Procedure
11.2.7.5.4 United Kingdom Centesis Catheters Market by End User
11.2.7.6 Rest of Europe Centesis Catheters Market
11.2.7.6.1 Rest of Europe Centesis Catheters Market by Bore Type
11.2.7.6.2 Rest of Europe Centesis Catheters Market by Application
11.2.7.6.3 Rest of Europe Centesis Catheters Market by Procedure
11.2.7.6.4 Rest of Europe Centesis Catheters Market by End User
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Centesis Catheters Market Overview
11.3.2 Asia-Pacific Centesis Catheters Market Forecasts and Analysis
11.3.3 Asia-Pacific Centesis Catheters Market Forecasts and Analysis - By Bore Type
11.3.4 Asia-Pacific Centesis Catheters Market Forecasts and Analysis - By Application
11.3.5 Asia-Pacific Centesis Catheters Market Forecasts and Analysis - By Procedure
11.3.6 Asia-Pacific Centesis Catheters Market Forecasts and Analysis - By End User
11.3.7 Asia-Pacific Centesis Catheters Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Centesis Catheters Market
11.3.7.1.1 Australia Centesis Catheters Market by Bore Type
11.3.7.1.2 Australia Centesis Catheters Market by Application
11.3.7.1.3 Australia Centesis Catheters Market by Procedure
11.3.7.1.4 Australia Centesis Catheters Market by End User
11.3.7.2 China Centesis Catheters Market
11.3.7.2.1 China Centesis Catheters Market by Bore Type
11.3.7.2.2 China Centesis Catheters Market by Application
11.3.7.2.3 China Centesis Catheters Market by Procedure
11.3.7.2.4 China Centesis Catheters Market by End User
11.3.7.3 India Centesis Catheters Market
11.3.7.3.1 India Centesis Catheters Market by Bore Type
11.3.7.3.2 India Centesis Catheters Market by Application
11.3.7.3.3 India Centesis Catheters Market by Procedure
11.3.7.3.4 India Centesis Catheters Market by End User
11.3.7.4 Japan Centesis Catheters Market
11.3.7.4.1 Japan Centesis Catheters Market by Bore Type
11.3.7.4.2 Japan Centesis Catheters Market by Application
11.3.7.4.3 Japan Centesis Catheters Market by Procedure
11.3.7.4.4 Japan Centesis Catheters Market by End User
11.3.7.5 South Korea Centesis Catheters Market
11.3.7.5.1 South Korea Centesis Catheters Market by Bore Type
11.3.7.5.2 South Korea Centesis Catheters Market by Application
11.3.7.5.3 South Korea Centesis Catheters Market by Procedure
11.3.7.5.4 South Korea Centesis Catheters Market by End User
11.3.7.6 Rest of Asia-Pacific Centesis Catheters Market
11.3.7.6.1 Rest of Asia-Pacific Centesis Catheters Market by Bore Type
11.3.7.6.2 Rest of Asia-Pacific Centesis Catheters Market by Application
11.3.7.6.3 Rest of Asia-Pacific Centesis Catheters Market by Procedure
11.3.7.6.4 Rest of Asia-Pacific Centesis Catheters Market by End User
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Centesis Catheters Market Overview
11.4.2 Middle East and Africa Centesis Catheters Market Forecasts and Analysis
11.4.3 Middle East and Africa Centesis Catheters Market Forecasts and Analysis - By Bore Type
11.4.4 Middle East and Africa Centesis Catheters Market Forecasts and Analysis - By Application
11.4.5 Middle East and Africa Centesis Catheters Market Forecasts and Analysis - By Procedure
11.4.6 Middle East and Africa Centesis Catheters Market Forecasts and Analysis - By End User
11.4.7 Middle East and Africa Centesis Catheters Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Centesis Catheters Market
11.4.7.1.1 South Africa Centesis Catheters Market by Bore Type
11.4.7.1.2 South Africa Centesis Catheters Market by Application
11.4.7.1.3 South Africa Centesis Catheters Market by Procedure
11.4.7.1.4 South Africa Centesis Catheters Market by End User
11.4.7.2 Saudi Arabia Centesis Catheters Market
11.4.7.2.1 Saudi Arabia Centesis Catheters Market by Bore Type
11.4.7.2.2 Saudi Arabia Centesis Catheters Market by Application
11.4.7.2.3 Saudi Arabia Centesis Catheters Market by Procedure
11.4.7.2.4 Saudi Arabia Centesis Catheters Market by End User
11.4.7.3 U.A.E Centesis Catheters Market
11.4.7.3.1 U.A.E Centesis Catheters Market by Bore Type
11.4.7.3.2 U.A.E Centesis Catheters Market by Application
11.4.7.3.3 U.A.E Centesis Catheters Market by Procedure
11.4.7.3.4 U.A.E Centesis Catheters Market by End User
11.4.7.4 Rest of Middle East and Africa Centesis Catheters Market
11.4.7.4.1 Rest of Middle East and Africa Centesis Catheters Market by Bore Type
11.4.7.4.2 Rest of Middle East and Africa Centesis Catheters Market by Application
11.4.7.4.3 Rest of Middle East and Africa Centesis Catheters Market by Procedure
11.4.7.4.4 Rest of Middle East and Africa Centesis Catheters Market by End User
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Centesis Catheters Market Overview
11.5.2 South and Central America Centesis Catheters Market Forecasts and Analysis
11.5.3 South and Central America Centesis Catheters Market Forecasts and Analysis - By Bore Type
11.5.4 South and Central America Centesis Catheters Market Forecasts and Analysis - By Application
11.5.5 South and Central America Centesis Catheters Market Forecasts and Analysis - By Procedure
11.5.6 South and Central America Centesis Catheters Market Forecasts and Analysis - By End User
11.5.7 South and Central America Centesis Catheters Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Centesis Catheters Market
11.5.7.1.1 Brazil Centesis Catheters Market by Bore Type
11.5.7.1.2 Brazil Centesis Catheters Market by Application
11.5.7.1.3 Brazil Centesis Catheters Market by Procedure
11.5.7.1.4 Brazil Centesis Catheters Market by End User
11.5.7.2 Argentina Centesis Catheters Market
11.5.7.2.1 Argentina Centesis Catheters Market by Bore Type
11.5.7.2.2 Argentina Centesis Catheters Market by Application
11.5.7.2.3 Argentina Centesis Catheters Market by Procedure
11.5.7.2.4 Argentina Centesis Catheters Market by End User
11.5.7.3 Rest of South and Central America Centesis Catheters Market
11.5.7.3.1 Rest of South and Central America Centesis Catheters Market by Bore Type
11.5.7.3.2 Rest of South and Central America Centesis Catheters Market by Application
11.5.7.3.3 Rest of South and Central America Centesis Catheters Market by Procedure
11.5.7.3.4 Rest of South and Central America Centesis Catheters Market by End User
12. IMPACT OF COVID-19 PANDEMIC ON GLOBAL CENTESIS CATHETERS MARKET
12.1 North America
12.2 Europe
12.3 Asia-Pacific
12.4 Rest of the World
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. CENTESIS CATHETERS MARKET, KEY COMPANY PROFILES
14.1. CARDINAL HEALTH, INC
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Products and Services
14.1.4. Financial Overview
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. MEDTRONIC PLC
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Products and Services
14.2.4. Financial Overview
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. BECTON, DICKINSON AND COMPANY
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Products and Services
14.3.4. Financial Overview
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. BOSTON SCIENTIFIC CORPORATION
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Products and Services
14.4.4. Financial Overview
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. B. BRAUN MELSUNGEN AG
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Products and Services
14.5.4. Financial Overview
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. ARGON MEDICAL
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Products and Services
14.6.4. Financial Overview
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. TELEFLEX INCORPORATED
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Products and Services
14.7.4. Financial Overview
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. MERIT MEDICAL SYSTEMS, INC
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. ANGIODYNAMICS
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. COOK MEDICAL
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
1. Cardinal Health, Inc
2. Medtronic plc
3. Becton, Dickinson and Company
4. Boston Scientific Corporation
5. B. Braun Melsungen AG
6. Argon Medical
7. Teleflex Incorporated
8. Merit Medical Systems, Inc
9. AngioDynamics
10. Cook Medical
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For