A blood glucose monitoring system is a medical device used to track and monitor glucose levels in the blood. This system will help the patients to track & monitor the fluctuations in the sugar level. The various components of a blood glucose monitoring system are insulin pumps, sensors, Blood Glucose meters, testing strips, transmitters, and receivers, among others, to monitor it in real-time.
MARKET DYNAMICS
Blood glucose monitoring systems market is driving due to the growing prevalence of diabetes, increasing number of product launches. However, high cost and poor reimbursement of blood glucose monitoring systems and supplies is hindering the market's growth. Moreover, pipeline products and ongoing research and technological advancements in blood glucose monitoring systems is expected to provide opportunities in the global blood glucose monitoring systems market.
MARKET SCOPE
The "Blood Glucose Monitoring Systems Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of blood glucose monitoring systems market with detailed market segmentation by product, testing type, and application. The blood glucose monitoring systems market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in blood glucose monitoring systems market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The blood glucose monitoring systems market is segmented on the basis of product, testing type, and application. Based on product, the market is segmented as self-monitoring blood glucose systems, continuous glucose monitoring systems. Based on testing type, the market is segmented as invasive, non-invasive. Based on application, the market is segmented as type 1 diabetes, type 2 diabetes, gestational diabetes.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Blood glucose monitoring systems market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The blood glucose monitoring systems market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting blood glucose monitoring systems market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Blood glucose monitoring systems 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 provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Blood glucose monitoring systems market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The blood glucose monitoring systems market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting blood glucose monitoring systems market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Blood glucose monitoring systems market in these regions.
MARKET PLAYERS
The report covers key developments in the blood glucose monitoring systems market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Blood glucose monitoring systems market are anticipated to have lucrative growth opportunities in the future with the rising demand for Blood glucose monitoring systems in the global market. Below mentioned is the list of few companies engaged in the Blood glucose monitoring systems market.
The report also includes the profiles of key players in blood glucose monitoring systems market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Abbott Laboratories
- Medtronic
- Ypsomed
- F. Hoffmann-La Roche
- Lifescan
- Ascensia Diabetes Care
- Dexcom
- B. Braun Melsungen AG
- Nipro
- Sanofi
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing 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 Blood Glucose Monitoring Systems Market - By Product
1.3.2 Blood Glucose Monitoring Systems Market - By Testing Type
1.3.3 Blood Glucose Monitoring Systems Market - By Application
1.3.4 Blood Glucose Monitoring Systems Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BLOOD GLUCOSE MONITORING SYSTEMS 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. BLOOD GLUCOSE MONITORING SYSTEMS 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. BLOOD GLUCOSE MONITORING SYSTEMS MARKET - GLOBAL MARKET ANALYSIS
6.1. BLOOD GLUCOSE MONITORING SYSTEMS - GLOBAL MARKET OVERVIEW
6.2. BLOOD GLUCOSE MONITORING SYSTEMS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
?
7. BLOOD GLUCOSE MONITORING SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. SELF-MONITORING BLOOD GLUCOSE SYSTEMS
7.3.1. Overview
7.3.2. Self-Monitoring Blood Glucose Systems Market Forecast and Analysis
7.3.3. Blood Glucose Meters Market
7.3.3.1. Overview
7.3.3.2. Blood Glucose Meters Market Forecast and Analysis
7.3.4. Testing Strips Market
7.3.4.1. Overview
7.3.4.2. Testing Strips Market Forecast and Analysis
7.3.5. Lancets & Lancing Devices Market
7.3.5.1. Overview
7.3.5.2. Lancets & Lancing Devices Market Forecast and Analysis
7.4. CONTINUOUS GLUCOSE MONITORING SYSTEMS
7.4.1. Overview
7.4.2. Continuous Glucose Monitoring Systems Market Forecast and Analysis
7.4.3. Sensors Market
7.4.3.1. Overview
7.4.3.2. Sensors Market Forecast and Analysis
7.4.4. Transmitters & Receivers Market
7.4.4.1. Overview
7.4.4.2. Transmitters & Receivers Market Forecast and Analysis
8. BLOOD GLUCOSE MONITORING SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 - TESTING TYPE
8.1. OVERVIEW
8.2. TESTING TYPE MARKET FORECASTS AND ANALYSIS
8.3. INVASIVE
8.3.1. Overview
8.3.2. Invasive Market Forecast and Analysis
8.4. NON-INVASIVE
8.4.1. Overview
8.4.2. Non-Invasive Market Forecast and Analysis
9. BLOOD GLUCOSE MONITORING SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. TYPE 1 DIABETES
9.3.1. Overview
9.3.2. Type 1 Diabetes Market Forecast and Analysis
9.4. TYPE 2 DIABETES
9.4.1. Overview
9.4.2. Type 2 Diabetes Market Forecast and Analysis
9.5. GESTATIONAL DIABETES
9.5.1. Overview
9.5.2. Gestational Diabetes Market Forecast and Analysis
10. BLOOD GLUCOSE MONITORING SYSTEMS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Blood Glucose Monitoring Systems Market Overview
10.1.2 North America Blood Glucose Monitoring Systems Market Forecasts and Analysis
10.1.3 North America Blood Glucose Monitoring Systems Market Forecasts and Analysis - By Product
10.1.4 North America Blood Glucose Monitoring Systems Market Forecasts and Analysis - By Testing Type
10.1.5 North America Blood Glucose Monitoring Systems Market Forecasts and Analysis - By Application
10.1.6 North America Blood Glucose Monitoring Systems Market Forecasts and Analysis - By Countries
10.1.6.1 United States Blood Glucose Monitoring Systems Market
10.1.6.1.1 United States Blood Glucose Monitoring Systems Market by Product
10.1.6.1.2 United States Blood Glucose Monitoring Systems Market by Testing Type
10.1.6.1.3 United States Blood Glucose Monitoring Systems Market by Application
10.1.6.2 Canada Blood Glucose Monitoring Systems Market
10.1.6.2.1 Canada Blood Glucose Monitoring Systems Market by Product
10.1.6.2.2 Canada Blood Glucose Monitoring Systems Market by Testing Type
10.1.6.2.3 Canada Blood Glucose Monitoring Systems Market by Application
10.1.6.3 Mexico Blood Glucose Monitoring Systems Market
10.1.6.3.1 Mexico Blood Glucose Monitoring Systems Market by Product
10.1.6.3.2 Mexico Blood Glucose Monitoring Systems Market by Testing Type
10.1.6.3.3 Mexico Blood Glucose Monitoring Systems Market by Application
10.2. EUROPE
10.2.1 Europe Blood Glucose Monitoring Systems Market Overview
10.2.2 Europe Blood Glucose Monitoring Systems Market Forecasts and Analysis
10.2.3 Europe Blood Glucose Monitoring Systems Market Forecasts and Analysis - By Product
10.2.4 Europe Blood Glucose Monitoring Systems Market Forecasts and Analysis - By Testing Type
10.2.5 Europe Blood Glucose Monitoring Systems Market Forecasts and Analysis - By Application
10.2.6 Europe Blood Glucose Monitoring Systems Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Blood Glucose Monitoring Systems Market
10.2.6.1.1 Germany Blood Glucose Monitoring Systems Market by Product
10.2.6.1.2 Germany Blood Glucose Monitoring Systems Market by Testing Type
10.2.6.1.3 Germany Blood Glucose Monitoring Systems Market by Application
10.2.6.2 France Blood Glucose Monitoring Systems Market
10.2.6.2.1 France Blood Glucose Monitoring Systems Market by Product
10.2.6.2.2 France Blood Glucose Monitoring Systems Market by Testing Type
10.2.6.2.3 France Blood Glucose Monitoring Systems Market by Application
10.2.6.3 Italy Blood Glucose Monitoring Systems Market
10.2.6.3.1 Italy Blood Glucose Monitoring Systems Market by Product
10.2.6.3.2 Italy Blood Glucose Monitoring Systems Market by Testing Type
10.2.6.3.3 Italy Blood Glucose Monitoring Systems Market by Application
10.2.6.4 Spain Blood Glucose Monitoring Systems Market
10.2.6.4.1 Spain Blood Glucose Monitoring Systems Market by Product
10.2.6.4.2 Spain Blood Glucose Monitoring Systems Market by Testing Type
10.2.6.4.3 Spain Blood Glucose Monitoring Systems Market by Application
10.2.6.5 United Kingdom Blood Glucose Monitoring Systems Market
10.2.6.5.1 United Kingdom Blood Glucose Monitoring Systems Market by Product
10.2.6.5.2 United Kingdom Blood Glucose Monitoring Systems Market by Testing Type
10.2.6.5.3 United Kingdom Blood Glucose Monitoring Systems Market by Application
10.2.6.6 Rest of Europe Blood Glucose Monitoring Systems Market
10.2.6.6.1 Rest of Europe Blood Glucose Monitoring Systems Market by Product
10.2.6.6.2 Rest of Europe Blood Glucose Monitoring Systems Market by Testing Type
10.2.6.6.3 Rest of Europe Blood Glucose Monitoring Systems Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Blood Glucose Monitoring Systems Market Overview
10.3.2 Asia-Pacific Blood Glucose Monitoring Systems Market Forecasts and Analysis
10.3.3 Asia-Pacific Blood Glucose Monitoring Systems Market Forecasts and Analysis - By Product
10.3.4 Asia-Pacific Blood Glucose Monitoring Systems Market Forecasts and Analysis - By Testing Type
10.3.5 Asia-Pacific Blood Glucose Monitoring Systems Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Blood Glucose Monitoring Systems Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Blood Glucose Monitoring Systems Market
10.3.6.1.1 Australia Blood Glucose Monitoring Systems Market by Product
10.3.6.1.2 Australia Blood Glucose Monitoring Systems Market by Testing Type
10.3.6.1.3 Australia Blood Glucose Monitoring Systems Market by Application
10.3.6.2 China Blood Glucose Monitoring Systems Market
10.3.6.2.1 China Blood Glucose Monitoring Systems Market by Product
10.3.6.2.2 China Blood Glucose Monitoring Systems Market by Testing Type
10.3.6.2.3 China Blood Glucose Monitoring Systems Market by Application
10.3.6.3 India Blood Glucose Monitoring Systems Market
10.3.6.3.1 India Blood Glucose Monitoring Systems Market by Product
10.3.6.3.2 India Blood Glucose Monitoring Systems Market by Testing Type
10.3.6.3.3 India Blood Glucose Monitoring Systems Market by Application
10.3.6.4 Japan Blood Glucose Monitoring Systems Market
10.3.6.4.1 Japan Blood Glucose Monitoring Systems Market by Product
10.3.6.4.2 Japan Blood Glucose Monitoring Systems Market by Testing Type
10.3.6.4.3 Japan Blood Glucose Monitoring Systems Market by Application
10.3.6.5 South Korea Blood Glucose Monitoring Systems Market
10.3.6.5.1 South Korea Blood Glucose Monitoring Systems Market by Product
10.3.6.5.2 South Korea Blood Glucose Monitoring Systems Market by Testing Type
10.3.6.5.3 South Korea Blood Glucose Monitoring Systems Market by Application
10.3.6.6 Rest of Asia-Pacific Blood Glucose Monitoring Systems Market
10.3.6.6.1 Rest of Asia-Pacific Blood Glucose Monitoring Systems Market by Product
10.3.6.6.2 Rest of Asia-Pacific Blood Glucose Monitoring Systems Market by Testing Type
10.3.6.6.3 Rest of Asia-Pacific Blood Glucose Monitoring Systems Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Blood Glucose Monitoring Systems Market Overview
10.4.2 Middle East and Africa Blood Glucose Monitoring Systems Market Forecasts and Analysis
10.4.3 Middle East and Africa Blood Glucose Monitoring Systems Market Forecasts and Analysis - By Product
10.4.4 Middle East and Africa Blood Glucose Monitoring Systems Market Forecasts and Analysis - By Testing Type
10.4.5 Middle East and Africa Blood Glucose Monitoring Systems Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Blood Glucose Monitoring Systems Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Blood Glucose Monitoring Systems Market
10.4.6.1.1 South Africa Blood Glucose Monitoring Systems Market by Product
10.4.6.1.2 South Africa Blood Glucose Monitoring Systems Market by Testing Type
10.4.6.1.3 South Africa Blood Glucose Monitoring Systems Market by Application
10.4.6.2 Saudi Arabia Blood Glucose Monitoring Systems Market
10.4.6.2.1 Saudi Arabia Blood Glucose Monitoring Systems Market by Product
10.4.6.2.2 Saudi Arabia Blood Glucose Monitoring Systems Market by Testing Type
10.4.6.2.3 Saudi Arabia Blood Glucose Monitoring Systems Market by Application
10.4.6.3 U.A.E Blood Glucose Monitoring Systems Market
10.4.6.3.1 U.A.E Blood Glucose Monitoring Systems Market by Product
10.4.6.3.2 U.A.E Blood Glucose Monitoring Systems Market by Testing Type
10.4.6.3.3 U.A.E Blood Glucose Monitoring Systems Market by Application
10.4.6.4 Rest of Middle East and Africa Blood Glucose Monitoring Systems Market
10.4.6.4.1 Rest of Middle East and Africa Blood Glucose Monitoring Systems Market by Product
10.4.6.4.2 Rest of Middle East and Africa Blood Glucose Monitoring Systems Market by Testing Type
10.4.6.4.3 Rest of Middle East and Africa Blood Glucose Monitoring Systems Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Blood Glucose Monitoring Systems Market Overview
10.5.2 South and Central America Blood Glucose Monitoring Systems Market Forecasts and Analysis
10.5.3 South and Central America Blood Glucose Monitoring Systems Market Forecasts and Analysis - By Product
10.5.4 South and Central America Blood Glucose Monitoring Systems Market Forecasts and Analysis - By Testing Type
10.5.5 South and Central America Blood Glucose Monitoring Systems Market Forecasts and Analysis - By Application
10.5.6 South and Central America Blood Glucose Monitoring Systems Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Blood Glucose Monitoring Systems Market
10.5.6.1.1 Brazil Blood Glucose Monitoring Systems Market by Product
10.5.6.1.2 Brazil Blood Glucose Monitoring Systems Market by Testing Type
10.5.6.1.3 Brazil Blood Glucose Monitoring Systems Market by Application
10.5.6.2 Argentina Blood Glucose Monitoring Systems Market
10.5.6.2.1 Argentina Blood Glucose Monitoring Systems Market by Product
10.5.6.2.2 Argentina Blood Glucose Monitoring Systems Market by Testing Type
10.5.6.2.3 Argentina Blood Glucose Monitoring Systems Market by Application
10.5.6.3 Rest of South and Central America Blood Glucose Monitoring Systems Market
10.5.6.3.1 Rest of South and Central America Blood Glucose Monitoring Systems Market by Product
10.5.6.3.2 Rest of South and Central America Blood Glucose Monitoring Systems Market by Testing Type
10.5.6.3.3 Rest of South and Central America Blood Glucose Monitoring Systems Market by Application
11. IMPACT OF COVID-19 PANDEMIC ON GLOBAL BLOOD GLUCOSE MONITORING SYSTEMS MARKET
11.1 North America
11.2 Europe
11.3 Asia-Pacific
11.4 Middle East and Africa
11.5 South and Central America
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. BLOOD GLUCOSE MONITORING SYSTEMS MARKET, KEY COMPANY PROFILES
13.1. ABBOTT LABORATORIES
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. MEDTRONIC
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. YPSOMED
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. F. HOFFMANN-LA ROCHE
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. LIFESCAN
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. ASCENSIA DIABETES CARE
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. DEXCOM
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. B. BRAUN MELSUNGEN AG
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. NIPRO
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. SANOFI
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
2. Medtronic
3. Ypsomed
4. F. Hoffmann-La Roche
5. Lifescan
6. Ascensia Diabetes Care
7. Dexcom
8. B. Braun Melsungen AG
9. Nipro
10. Sanofi
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.
Trends and growth analysis reports related to Blood Glucose Monitoring Systems Market
Apr 2024
Wound Closure Devices Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product (Sutures, Adhesives, Staplers, Strips, and Others), Wound Type (Chronic Wound and Acute Wound), End User (Hospitals, Clinics, Ambulatory Surgery Centers, and Others), and Geography
Apr 2024
Pediatric Cardiology Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product Type (Transcatheter Heart Valves, Occlusion Devices, Catheters, Stents, Introducer Sheaths, and Others), Disease Indication (Congenital Heart Disease, Acquired Heart Disease, Arrhythmias, Cardiomyopathies, and Others), Surgical Procedure (Interventional Procedures, Heart Rhythm Management Procedures, and Others), End User (Hospitals, Specialty Clinics, and Others), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
Apr 2024
Pharmaceutical Membrane Filters Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Technology (Microfiltration, Ultrafiltration, Reverse Osmosis and Nanofiltration), Design (Hollow Fiber, Spiral Wound, Tubular System and Plate and Frame), Material (Polyethersulfone (PES), Polysulfone (PS), Cellulose-Based Membranes, Polytetrafluoroethylene (PTFE), Polyvinyl Chloride (PVC), Polyacrylonitrile (PAN) and Others), End User (Pharmaceutical and Biotech Industries and CROs and CDMOs), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, South & Central America)
Apr 2024
ECG Devices Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product (Resting ECG and Stress ECG), Lead Type (12-Lead ECG, 3–6 Lead ECG, and Single Lead), Technology [Portable (Wired) ECG System and Wireless ECG System], End User (Hospital and Clinics, Ambulatory Surgical Centers, Cardiac Centers, and Others), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
Apr 2024
Surgical Laser Fiber Units Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Laser Type (CO2 Laser, Diode Laser, Erbium Laser, Nd:YAG Laser, Holmium Laser, Alexandrite Laser, and Others), Material (Silica-Based Fibers, Quartz Fibers, Polymer-Based Fibers, Multimode Fibers, and Others), Power (Low-Power Lasers, Medium-Power Lasers, and High-Power Lasers), Application (Urology, Dermatology, Gynecology, Cardiology, Neurology, Ophthalmology, Respiratory, Dentistry and Others), Wavelength (9,301 nm and above, 2,941–9,300 nm, and 1,441–2,940 nm, 821–1,440 nm, 710–820 nm, and below 710 nm), End User (Hospitals, Specialty Clinics, Physician Office, and Others), and Geography
Apr 2024
Therapeutic Vaccines Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product (Cancer Vaccines, Infectious Disease Vaccines, and Others), Technology (Allogenic Vaccines and Autologous Vaccines), End User (Hospitals, Clinics, and Others), and Geography
Apr 2024
Medical Cables Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Disposable Medical Cables, Reusable Medical Cables, and Custom Medical Cables), Applications [Diagnostics (Ultrasound Cables, Endoscopy Cables, Patient Interface Cables, and Others), Motorized Equipment, Patient Monitoring (ECG Cables, SpO2 Cables, NiBP Cables, EEG Cables, and Others), Surgical and Life Support (Fiber Optics, Modular Local Area Network, and Others), and Others], End User (Hospital and Clinics, Diagnostic Laboratories and Imaging Centers, Ambulatory Surgical Centers, and Others), and Geography
Apr 2024
Laser-Assisted ENT Surgeries Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Laser Type (C02 Laser, Nd:YAG Laser, Diode Laser, Blue Laser, KTP Laser, Argon Laser, and Other Laser Types), Surgery Type [Laser Laryngeal Surgery, Laser Endoscopic Sinus Surgery (LESS), Laser-Assisted Uvulopalatoplasty (LAUP), Laser-Assisted Stapedotomy, Laser-Assisted Tonsillectomy and Adenoidectomy, Laser Turbinates Reduction, Transoral Laser Microsurgery (TLM), Nasal Surgery, and Other Surgery Types], End User (Hospitals and Specialty Clinics, Physician Offices, and Other End Users), and Geography (North America, Europe, Asia Pacific, South and Central America, and Middle East and Africa)
Get Free Sample For