Peripheral intervention devices include stents, sheaths, and guidewires, among others. Due to their non-invasive nature, peripheral interventions provide greater treatment efficiency, thus assisting in managing cardiovascular diseases over the period. Peripheral intervention devices help restore the flow of blood to the other end of the arteries, where the blood clot or plaque formation has prevented the flow of oxygenated blood to circulate in the body. Peripheral intervention procedures require the use of a catheter that is inserted via a thin cut in an artery, usually in an arm, shoulder, or leg. They are then directed to the site of blockage/lesion/damage with the assistance of an x-ray angiogram, or other device. The catheter is then used to eradicate the blockage by either creating a tunnel through a balloon or by introducing a stent made of Nitinol or any other high-grade metal composites. If a balloon is used, then it is removed after it is deflated; if a stent is used, it then remains in the artery in order to support the arterial wall.
MARKET DYNAMICS
The peripheral intervention devices market has shown a significant evolution over the forecast period. The rise of the peripheral intervention devices market is majorly driven by the high incidence rate of cardiovascular disorders and the rising prevalence of cerebrovascular disease and peripheral artery disease (PAD). Various risk factors like smoking, unhealthy lifestyle, atherosclerosis, and hypertension will further contribute to peripheral intervention devices market growth. Moreover, due to comorbidities of peripheral artery disease and complexities, balloon angioplasty and stenting devices will foresee significant demand in the upcoming years. Additionally, rapidly advancing technologies in vascular intervention systems will yield competitive market growth opportunities. Leading market players offering advanced minimally invasive devices such as drug-eluting stents, drug-coated balloons, catheters, guidewires, etc., coupled with superior benefits, have substantially increased the procedural success rate. For instance, Xience Sierra introduced by Abbott is the newest stent technology, offering various benefits such as flexibility, extended length, small diameter, and more excellent compatibility. However, the occurrence of stent thrombosis is likely to restrain the market growth.
MARKET SCOPE
The "Peripheral Intervention Devices Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry's medical device, with a specific focus on the global market trend analysis. This report provides an outline of the peripheral intervention devices market with detailed market segmentation by product, application, and end-user. The peripheral intervention devices market is estimated to witness high growth during the forecast period. It focuses on the vital statistics on the leading players' market status in the peripheral intervention devices market and offers key opportunities and trends in the market.
MARKET SEGMENTATION
The market is categorized based on the product, application, and end user. Based on the product, the market is segmented as peripheral vascular stents, peripheral transluminal angioplasty balloon catheters, PTA guidewires, atherectomy devices, and others. Based on the application, the segmentation of the market is into vascular, oncology procedures, neurology, renal, and others. Based on end user, segmentation of the market is into hospitals, catheterization laboratories, ambulatory surgical centers, and others.
REGIONAL FRAMEWORK
The report states a detailed outline of the industry, consisting of both qualitative and quantitative information. It gives a sketch and forecast of the peripheral intervention devices market based on various segments. The report also consists of market size and forecast estimates from the year 2021 to2031with respect to five primary regions, namely; North America, Asia-Pacific (APAC), Europe, Middle East, and Africa (MEA), and South & Central America (SCAM). The peripheral intervention devices market by each region is then subdivided into respective countries and segments. It offers the analysis and forecast of 18 countries worldwide and the recent trend and opportunities prevailing in the region.
The report analyzes factors affecting the peripheral intervention devices market from both the demand and supply sides. Furthermore, it assesses market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. It also comprises a precise PEST analysis for all five regions, namely, North America, APAC, Europe, MEA, and South & Central America, after evaluating political, social, economic, and technological factors affecting the peripheral intervention devices market in these regions.
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
The report states a detailed outline of the industry, consisting of both qualitative and quantitative information. It gives a sketch and forecast of the peripheral intervention devices market based on various segments. The report also consists of market size and forecast estimates from the year 2021 to2031with respect to five primary regions, namely; North America, Asia-Pacific (APAC), Europe, Middle East, and Africa (MEA), and South & Central America (SCAM). The peripheral intervention devices market by each region is then subdivided into respective countries and segments. It offers the analysis and forecast of 18 countries worldwide and the recent trend and opportunities prevailing in the region.
The report analyzes factors affecting the peripheral intervention devices market from both the demand and supply sides. Furthermore, it assesses market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. It also comprises a precise PEST analysis for all five regions, namely, North America, APAC, Europe, MEA, and South & Central America, after evaluating political, social, economic, and technological factors affecting the peripheral intervention devices market in these regions.
MARKET PLAYERS
The report contains critical developments in the peripheral intervention devices market as inorganic and organic growth strategies. Various companies are pivoting on organic growth strategies like product approvals, product launches, and others, such as events and patents. Inorganic growth strategies noticed in the market were acquisitions and collaborations &partnerships. Such activities have paved the path for the expansion of the business and customer base of market players. The market players from the peripheral intervention devices market are anticipated to have profitable growth opportunities in the following years with the increasing demand for peripheral intervention devices in the global market. Below mentioned is the list of a few companies engaged in the peripheral intervention devices market.
The report also offers key players' profiles in the peripheral intervention devices market, along with their SWOT analysis and market strategies. Also, the report focuses on leading market players with information on company profiles, financial information of the last three years, components, and services provided, critical development in the past five years.
- Abbott.
- Cook
- Cardinal Health. (Cordis)
- Boston Scientific Corporation
- C.R. Bard Inc.
- Medtronic
- Terumo Medical Corporation
- Teleflex Incorporated.
- Bayer AG
- BD
The Insight Partner's dedicated research and analysis team comprises of experienced professionals with advanced statistical expertise and offers various customization options in the current study.
- 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.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Peripheral Intervention Devices Market - By Product
1.3.2 Peripheral Intervention Devices Market - By Application
1.3.3 Peripheral Intervention Devices Market - By End User
1.3.4 Peripheral Intervention Devices Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PERIPHERAL INTERVENTION DEVICES 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. PERIPHERAL INTERVENTION DEVICES 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. PERIPHERAL INTERVENTION DEVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. PERIPHERAL INTERVENTION DEVICES - GLOBAL MARKET OVERVIEW
6.2. PERIPHERAL INTERVENTION DEVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. PERIPHERAL INTERVENTION DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. PERIPHERAL VASCULAR STENTS
7.3.1. Overview
7.3.2. Peripheral Vascular Stents Market Forecast and Analysis
7.4. PERIPHERAL TRANSLUMINAL ANGIOPLASTY BALLOON CATHETERS
7.4.1. Overview
7.4.2. Peripheral Transluminal Angioplasty Balloon Catheters Market Forecast and Analysis
7.5. PTA GUIDEWIRES
7.5.1. Overview
7.5.2. PTA Guidewires Market Forecast and Analysis
7.6. ATHERECTOMY DEVICES
7.6.1. Overview
7.6.2. Atherectomy Devices Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. PERIPHERAL INTERVENTION DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. VASCULAR
8.3.1. Overview
8.3.2. Vascular Market Forecast and Analysis
8.4. ONCOLOGY PROCEDURES
8.4.1. Overview
8.4.2. Oncology Procedures Market Forecast and Analysis
8.5. NEUROLOGY
8.5.1. Overview
8.5.2. Neurology Market Forecast and Analysis
8.6. RENAL
8.6.1. Overview
8.6.2. Renal Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. PERIPHERAL INTERVENTION DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - END USER
9.1. OVERVIEW
9.2. END USER MARKET FORECASTS AND ANALYSIS
9.3. HOSPITALS
9.3.1. Overview
9.3.2. Hospitals Market Forecast and Analysis
9.4. CATHETERIZATION LABORATORIES
9.4.1. Overview
9.4.2. Catheterization Laboratories Market Forecast and Analysis
9.5. AMBULATORY SURGICAL CENTERS
9.5.1. Overview
9.5.2. Ambulatory Surgical Centers Market Forecast and Analysis
9.6. OTHERS
9.6.1. Overview
9.6.2. Others Market Forecast and Analysis
10. PERIPHERAL INTERVENTION DEVICES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Peripheral Intervention Devices Market Overview
10.1.2 North America Peripheral Intervention Devices Market Forecasts and Analysis
10.1.3 North America Peripheral Intervention Devices Market Forecasts and Analysis - By Product
10.1.4 North America Peripheral Intervention Devices Market Forecasts and Analysis - By Application
10.1.5 North America Peripheral Intervention Devices Market Forecasts and Analysis - By End User
10.1.6 North America Peripheral Intervention Devices Market Forecasts and Analysis - By Countries
10.1.6.1 United States Peripheral Intervention Devices Market
10.1.6.1.1 United States Peripheral Intervention Devices Market by Product
10.1.6.1.2 United States Peripheral Intervention Devices Market by Application
10.1.6.1.3 United States Peripheral Intervention Devices Market by End User
10.1.6.2 Canada Peripheral Intervention Devices Market
10.1.6.2.1 Canada Peripheral Intervention Devices Market by Product
10.1.6.2.2 Canada Peripheral Intervention Devices Market by Application
10.1.6.2.3 Canada Peripheral Intervention Devices Market by End User
10.1.6.3 Mexico Peripheral Intervention Devices Market
10.1.6.3.1 Mexico Peripheral Intervention Devices Market by Product
10.1.6.3.2 Mexico Peripheral Intervention Devices Market by Application
10.1.6.3.3 Mexico Peripheral Intervention Devices Market by End User
10.2. EUROPE
10.2.1 Europe Peripheral Intervention Devices Market Overview
10.2.2 Europe Peripheral Intervention Devices Market Forecasts and Analysis
10.2.3 Europe Peripheral Intervention Devices Market Forecasts and Analysis - By Product
10.2.4 Europe Peripheral Intervention Devices Market Forecasts and Analysis - By Application
10.2.5 Europe Peripheral Intervention Devices Market Forecasts and Analysis - By End User
10.2.6 Europe Peripheral Intervention Devices Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Peripheral Intervention Devices Market
10.2.6.1.1 Germany Peripheral Intervention Devices Market by Product
10.2.6.1.2 Germany Peripheral Intervention Devices Market by Application
10.2.6.1.3 Germany Peripheral Intervention Devices Market by End User
10.2.6.2 France Peripheral Intervention Devices Market
10.2.6.2.1 France Peripheral Intervention Devices Market by Product
10.2.6.2.2 France Peripheral Intervention Devices Market by Application
10.2.6.2.3 France Peripheral Intervention Devices Market by End User
10.2.6.3 Italy Peripheral Intervention Devices Market
10.2.6.3.1 Italy Peripheral Intervention Devices Market by Product
10.2.6.3.2 Italy Peripheral Intervention Devices Market by Application
10.2.6.3.3 Italy Peripheral Intervention Devices Market by End User
10.2.6.4 Spain Peripheral Intervention Devices Market
10.2.6.4.1 Spain Peripheral Intervention Devices Market by Product
10.2.6.4.2 Spain Peripheral Intervention Devices Market by Application
10.2.6.4.3 Spain Peripheral Intervention Devices Market by End User
10.2.6.5 United Kingdom Peripheral Intervention Devices Market
10.2.6.5.1 United Kingdom Peripheral Intervention Devices Market by Product
10.2.6.5.2 United Kingdom Peripheral Intervention Devices Market by Application
10.2.6.5.3 United Kingdom Peripheral Intervention Devices Market by End User
10.2.6.6 Rest of Europe Peripheral Intervention Devices Market
10.2.6.6.1 Rest of Europe Peripheral Intervention Devices Market by Product
10.2.6.6.2 Rest of Europe Peripheral Intervention Devices Market by Application
10.2.6.6.3 Rest of Europe Peripheral Intervention Devices Market by End User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Peripheral Intervention Devices Market Overview
10.3.2 Asia-Pacific Peripheral Intervention Devices Market Forecasts and Analysis
10.3.3 Asia-Pacific Peripheral Intervention Devices Market Forecasts and Analysis - By Product
10.3.4 Asia-Pacific Peripheral Intervention Devices Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Peripheral Intervention Devices Market Forecasts and Analysis - By End User
10.3.6 Asia-Pacific Peripheral Intervention Devices Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Peripheral Intervention Devices Market
10.3.6.1.1 Australia Peripheral Intervention Devices Market by Product
10.3.6.1.2 Australia Peripheral Intervention Devices Market by Application
10.3.6.1.3 Australia Peripheral Intervention Devices Market by End User
10.3.6.2 China Peripheral Intervention Devices Market
10.3.6.2.1 China Peripheral Intervention Devices Market by Product
10.3.6.2.2 China Peripheral Intervention Devices Market by Application
10.3.6.2.3 China Peripheral Intervention Devices Market by End User
10.3.6.3 India Peripheral Intervention Devices Market
10.3.6.3.1 India Peripheral Intervention Devices Market by Product
10.3.6.3.2 India Peripheral Intervention Devices Market by Application
10.3.6.3.3 India Peripheral Intervention Devices Market by End User
10.3.6.4 Japan Peripheral Intervention Devices Market
10.3.6.4.1 Japan Peripheral Intervention Devices Market by Product
10.3.6.4.2 Japan Peripheral Intervention Devices Market by Application
10.3.6.4.3 Japan Peripheral Intervention Devices Market by End User
10.3.6.5 South Korea Peripheral Intervention Devices Market
10.3.6.5.1 South Korea Peripheral Intervention Devices Market by Product
10.3.6.5.2 South Korea Peripheral Intervention Devices Market by Application
10.3.6.5.3 South Korea Peripheral Intervention Devices Market by End User
10.3.6.6 Rest of Asia-Pacific Peripheral Intervention Devices Market
10.3.6.6.1 Rest of Asia-Pacific Peripheral Intervention Devices Market by Product
10.3.6.6.2 Rest of Asia-Pacific Peripheral Intervention Devices Market by Application
10.3.6.6.3 Rest of Asia-Pacific Peripheral Intervention Devices Market by End User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Peripheral Intervention Devices Market Overview
10.4.2 Middle East and Africa Peripheral Intervention Devices Market Forecasts and Analysis
10.4.3 Middle East and Africa Peripheral Intervention Devices Market Forecasts and Analysis - By Product
10.4.4 Middle East and Africa Peripheral Intervention Devices Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Peripheral Intervention Devices Market Forecasts and Analysis - By End User
10.4.6 Middle East and Africa Peripheral Intervention Devices Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Peripheral Intervention Devices Market
10.4.6.1.1 South Africa Peripheral Intervention Devices Market by Product
10.4.6.1.2 South Africa Peripheral Intervention Devices Market by Application
10.4.6.1.3 South Africa Peripheral Intervention Devices Market by End User
10.4.6.2 Saudi Arabia Peripheral Intervention Devices Market
10.4.6.2.1 Saudi Arabia Peripheral Intervention Devices Market by Product
10.4.6.2.2 Saudi Arabia Peripheral Intervention Devices Market by Application
10.4.6.2.3 Saudi Arabia Peripheral Intervention Devices Market by End User
10.4.6.3 U.A.E Peripheral Intervention Devices Market
10.4.6.3.1 U.A.E Peripheral Intervention Devices Market by Product
10.4.6.3.2 U.A.E Peripheral Intervention Devices Market by Application
10.4.6.3.3 U.A.E Peripheral Intervention Devices Market by End User
10.4.6.4 Rest of Middle East and Africa Peripheral Intervention Devices Market
10.4.6.4.1 Rest of Middle East and Africa Peripheral Intervention Devices Market by Product
10.4.6.4.2 Rest of Middle East and Africa Peripheral Intervention Devices Market by Application
10.4.6.4.3 Rest of Middle East and Africa Peripheral Intervention Devices Market by End User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Peripheral Intervention Devices Market Overview
10.5.2 South and Central America Peripheral Intervention Devices Market Forecasts and Analysis
10.5.3 South and Central America Peripheral Intervention Devices Market Forecasts and Analysis - By Product
10.5.4 South and Central America Peripheral Intervention Devices Market Forecasts and Analysis - By Application
10.5.5 South and Central America Peripheral Intervention Devices Market Forecasts and Analysis - By End User
10.5.6 South and Central America Peripheral Intervention Devices Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Peripheral Intervention Devices Market
10.5.6.1.1 Brazil Peripheral Intervention Devices Market by Product
10.5.6.1.2 Brazil Peripheral Intervention Devices Market by Application
10.5.6.1.3 Brazil Peripheral Intervention Devices Market by End User
10.5.6.2 Argentina Peripheral Intervention Devices Market
10.5.6.2.1 Argentina Peripheral Intervention Devices Market by Product
10.5.6.2.2 Argentina Peripheral Intervention Devices Market by Application
10.5.6.2.3 Argentina Peripheral Intervention Devices Market by End User
10.5.6.3 Rest of South and Central America Peripheral Intervention Devices Market
10.5.6.3.1 Rest of South and Central America Peripheral Intervention Devices Market by Product
10.5.6.3.2 Rest of South and Central America Peripheral Intervention Devices Market by Application
10.5.6.3.3 Rest of South and Central America Peripheral Intervention Devices Market by End User
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. PERIPHERAL INTERVENTION DEVICES MARKET, KEY COMPANY PROFILES
12.1. ABBOTT.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. COOK
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. CARDINAL HEALTH. (CORDIS)
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. BOSTON SCIENTIFIC CORPORATION
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. C.R. BARD INC.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. MEDTRONIC
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. TERUMO MEDICAL CORPORATION
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. TELEFLEX INCORPORATED.
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. BAYER AG
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. BD
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Abbott.
2. Cook
3. Cardinal Health. (Cordis)
4. Boston Scientific Corporation
5. C.R. Bard Inc.
6. Medtronic
7. Terumo Medical Corporation
8. Teleflex Incorporated.
9. Bayer AG
10. BD
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