Electroencephalography (EEG) Systems/Devices Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Electroencephalography (EEG) Systems/Devices Market covers analysis by Product (8-Channel EEG, 21-Channel EEG, 25-Channel EEG,32-Channel EEG, 40-Channel EEG, Multichannel EEG) By Portability (Standalone, Portable) and By End User (Hospitals, Diagnostics Centers, Other End Users), and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Mar 2024

  • Report Code : TIPHE100001265
  • Category : Medical Device
  • Status : Upcoming
  • No. of Pages : 150
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Electroencephalography (EEG), noninvasive technique to record electrical activity of the brain. These devices are used to diagnose r tumors, stroke and other brain disorders. They also help to record the change in mental status or an altered level of consciousness. Alzheimer's disease (AD) and other dementias, epilepsy, Parkinson's disease (PD), and acute ischemic stroke are major neurological disorders. As per the World Health Organization (WHO) neurological and psychiatric disorders are an important and growing cause of morbidity.

Growth of the market for electroencephalography (EEG) systems/devices is ruled by huge demand for technologically advanced medical devices for neurological diseases and rising prevalence of neurological disorders. Additionally, rising awareness about these disorders are major factors contributing toward the growth of the market.

The "Global Electroencephalography (EEG) Systems/Devices Market Analysis to 2028" is a specialized and in-depth study of the electroencephalography (EEG) systems/devices industry with a focus on the global market trend. The report aims to provide an overview of global electroencephalography (EEG) systems/devices market with detailed market segmentation by product, portability, end user, and geography. The global electroencephalography (EEG) systems/devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

The global electroencephalography (EEG) systems/devices market is segmented on the basis of product, portability, and end user. On the basis of product, the market is segmented into 8-channel EEG, 21-channel EEG, 25-channel EEG, 32-channel EEG, 40-channel EEG, and multichannel EEG. On the basis of portability, the market is segmented into standalone and portable. On the basis of end user, the market is segmented into hospitals, diagnostics centers and others.

The report provides a detailed overview on the industry including both qualitative and quantitative information. It provides overview and forecast of the global electroencephalography (EEG) systems/devices market based on product, portability and end user. It also provides market size and forecast till 2028 for overall electroencephalography (EEG) systems/devices market with respect to five major regions, namely; North America, Europe, APAC, Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 counties globally along with current trend and opportunities prevailing in the region.

In North America, the market is mainly driven by increasing burden of neurological disorders in the US and availability of specialty care centers for neurology diseases. While in Asia Pacific, the market is mainly accelerated due to rising geriatric population in countries such as China and India and rapid development of medical devices industry.

The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the 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 market in these regions.

The report also includes the profiles of key electroencephalography (EEG) systems/devices manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last three years, key development in past five years. Some of the key players influencing the market are Natus Medical, Inc., Medtronic, NeuroWave Systems, Inc., Compumedics Limited., Noraxon U.S.A., Cadwell Laboratories, Inc., Nihon Kohden Corporation, BrainScope, Elekta AB, Lifelines Neurodiagnostic Systems Inc. and others.

REGIONAL FRAMEWORK
World Geography

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Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

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to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

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to country scope.

1 Introduction
1.1 Scope of Study
1.2 The Insight Partners Research Report Guidance

2 Key Takeaways

3 Electroencephalography (EEG) Systems/Devices Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 Electroencephalography (EEG) Systems/Devices Market – By Product
3.2.2 Electroencephalography (EEG) Systems/Devices Market – By Portability
3.2.3 Electroencephalography (EEG) Systems/Devices Market – By End User
3.2.4 Electroencephalography (EEG) Systems/Devices Market – By Region
3.2.4.1 By Country
3.3 PEST Analysis
3.3.1 North America – PEST Analysis
3.3.2 Europe – PEST Analysis
3.3.3 Asia Pacific – PEST Analysis
3.3.4 Middle East and Africa – PEST Analysis
3.3.5 South and Central America– PEST Analysis

4 Electroencephalography (EEG) Systems/Devices Market – Key Industry Dynamics
4.1 Key Market Drivers
4.2 Key Market Restraints
4.3 Key Market Opportunities
4.4 Future Trends
4.5 Impact Analysis

5 Electroencephalography (EEG) Systems/Devices Market – Global Analysis
5.1 Global Electroencephalography (EEG) Systems/Devices Market Overview
5.2 Global Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis- By Product (US$ Mn)
5.3 Market Positioning/Market Share
5.4 Performance of Key Players
5.5 Expert Opinions

6 Electroencephalography (EEG) Systems/Devices Market - Global Regulatory Scenario
6.1 Overview
6.2 North America
6.3 Europe
6.4 Asia Pacific
6.5 Middle East & Africa
6.6 South & Central America

7 Electroencephalography (EEG) Systems/Devices Market Revenue and Forecasts to 2028 – By Product
7.1 Overview
7.2 Product Market Forecasts and Analysis (US$ Mn)
7.3 Product Market Forecasts and Analysis (‘000 units)
7.4 8-Channel EEG Market
7.4.1 Overview
7.4.2 8-channel EEG Market Revenue Forecasts and Analysis (US$ Mn)
7.4.3 8-channel EEG Market Volume Forecasts and Analysis (‘000 units)
7.5 21-Channel EEG Market
7.5.1 Overview
7.5.2 21-channel EEG Market Revenue Forecasts and Analysis (US$ Mn)
7.5.3 21-channel EEG Market Volume Forecasts and Analysis (‘000 units)
7.6 25-Channel EEG Market
7.6.1 Overview
7.6.2 25-channel EEG Market Revenue Forecasts and Analysis (US$ Mn)
7.6.3 25-channel EEG Market Volume Forecasts and Analysis (‘000 units)
7.7 32-Channel EEG Market
7.7.1 Overview
7.7.2 32-channel EEG Market Revenue Forecasts and Analysis (US$ Mn)
7.7.3 32-channel EEG r Market Volume Forecasts and Analysis (‘000 units)
7.8 40-Channel EEG Market
7.8.1 Overview
7.8.2 40-channel EEG Market Revenue Forecasts and Analysis (US$ Mn)
7.8.3 40-channel EEG Market Volume Forecasts and Analysis (‘000 units)
7.9 Multichannel EEG Market
7.9.1 Overview
7.9.2 Multichannel EEG Market Revenue Forecasts and Analysis (US$ Mn)
7.9.3 Multichannel EEG Market Volume Forecasts and Analysis (‘000 units)

8 Electroencephalography (EEG) Systems/Devices Market Revenue and Forecasts to 2028 – By Portability
8.1 Overview
8.2 Portability Market Forecasts and Analysis (US$ Mn)
8.3 Standalone Market
8.3.1 Overview
8.3.2 Standalone Market Revenue Forecasts and Analysis (US$ Mn)
8.4 Portable Market
8.4.1 Overview
8.4.2 Portable Market Revenue Forecasts and Analysis (US$ Mn)

9 Electroencephalography (EEG) Systems/Devices Market Revenue and Forecasts to 2028 – By End User
9.1 Overview
9.2 End User Market Forecasts and Analysis
9.3 Hospitals Market Forecasts and Analysis (US$ Mn)
9.3.1 Overview
9.3.2 Hospitals Market Forecasts and Analysis (US$ Mn)
9.4 Diagnostics Centers Market
9.4.1 Overview
9.4.2 Diagnostics Centers Market Forecasts and Analysis (US$ Mn)
9.5 Other End Users Market
9.5.1 Overview
9.5.2 Other End Users Market Forecasts and Analysis (US$ Mn)

10 North America Electroencephalography (EEG) Systems/Devices Market Revenue and Forecasts to 2028 – Country Analysis
10.1 North America Electroencephalography (EEG) Systems/Devices Market Overview
10.2 North America Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By Product (US$ Mn)
10.3 North America Electroencephalography (EEG) Systems/Devices Market Volume Forecasts and Analysis - By Product (‘000 units)
10.4 North America Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By Portability (US$ Mn)
10.5 North America Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By End User (US$ Mn)
10.6 North America Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By Country (US$ Mn)
10.7 US Market Overview
10.7.1 US Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis-By Product (US$ Mn)
10.7.2 *US Electroencephalography (EEG) Systems/Devices Market Volume Forecasts and Analysis - By Product (‘000 units)
10.7.3 US Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By Portability (US$ Mn)
10.7.4 US Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis-By End User (US$ Mn)
10.8 Canada Market Overview
10.8.1 Canada Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis - By Product (US$ Mn)
10.8.2 Canada Electroencephalography (EEG) Systems/Devices Market Volume Forecasts and Analysis - By Product (‘000 units)
10.8.3 Canada Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By Portability (US$ Mn)
10.8.4 Canada Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis-By End User (US$ Mn)
10.9 Mexico Market Overview
10.9.1 Mexico Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis-By Product (US$ Mn)
10.9.2 Mexico Electroencephalography (EEG) Systems/Devices Market Volume Forecasts and Analysis - By Product (‘000 units)
10.9.3 Mexico Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis Market Forecasts and Analysis – By Portability (US$ Mn)
10.9.4 Mexico Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis-By End User (US$ Mn)

11 Europe Electroencephalography (EEG) Systems/Devices Market Revenue and Forecasts to 2028 – Country Analysis
11.1 Europe Electroencephalography (EEG) Systems/Devices Market Overview
11.2 Europe Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By Product (US$ Mn)
11.3 Europe Electroencephalography (EEG) Systems/Devices Market Volume Forecasts and Analysis - By Product (‘000 units)
11.4 Europe Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By Portability (US$ Mn)
11.5 Europe Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By End User (US$ Mn)
11.6 Europe Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By Country (US$ Mn)
11.7 UK Market Overview
11.7.1 UK Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis-By Product (US$ Mn)
11.7.2 UK Electroencephalography (EEG) Systems/Devices Market Volume Forecasts and Analysis - By Product (‘000 units)
11.7.3 UK Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By Portability (US$ Mn)
11.7.4 UK Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis-By End User (US$ Mn)
11.8 Germany Market Overview
11.8.1 Germany Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis - By Product (US$ Mn)
11.8.2 Germany Electroencephalography (EEG) Systems/Devices Market Volume Forecasts and Analysis - By Product (‘000 units)
11.8.3 Germany Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis - By Portability (US$ Mn)
11.8.4 Germany Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis-By End User (US$ Mn)
11.9 France Market Overview
11.9.1 France Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis - By Product (US$ Mn)
11.9.2 France Electroencephalography (EEG) Systems/Devices Market Volume Forecasts and Analysis - By Product (‘000 units)
11.9.3 France Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By Portability (US$ Mn)
11.9.4 France Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis - By End User (US$ Mn)

12 Asia Pacific Electroencephalography (EEG) Systems/Devices Market Revenue and Forecasts to 2028 – Country Analysis
12.1 Asia Pacific Electroencephalography (EEG) Systems/Devices Market Overview
12.2 Asia Pacific Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By Product (US$ Mn)
12.3 Asia Pacific Electroencephalography (EEG) Systems/Devices Market Volume Forecasts and Analysis - By Product (‘000 units)
12.4 Asia Pacific Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis - By Portability (US$ Mn)
12.5 Asia Pacific Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By End User (US$ Mn)
12.6 Asia Pacific Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By Country
12.7 Japan Market Overview
12.7.1 Japan Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis-By Product (US$ Mn)
12.7.2 Japan Electroencephalography (EEG) Systems/Devices Market Volume Forecasts and Analysis - By Product (‘000 units)
12.7.3 Japan Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By Portability (US$ Mn)
12.7.4 Japan Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis-By End User (US$ Mn)
12.8 China Market Overview
12.8.1 China Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis-By Product (US$ Mn)
12.8.2 China Electroencephalography (EEG) Systems/Devices Market Volume Forecasts and Analysis - By Product (‘000 units)
12.8.3 China Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By Portability (US$ Mn)
12.8.4 China Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis-By End User (US$ Mn)
12.9 India Market Overview
12.9.1 India Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis-By Product (US$ Mn)
12.9.2 India Electroencephalography (EEG) Systems/Devices Market Volume Forecasts and Analysis - By Product (‘000 units)
12.9.3 India Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By Portability (US$ Mn)
12.9.4 India Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis-By End User (US$ Mn)

13 Middle East and Africa (MEA) Electroencephalography (EEG) Systems/Devices Market Revenue and Forecasts to 2028 – Country Analysis
13.1 Middle East and Africa (MEA) Electroencephalography (EEG) Systems/Devices Market Overview
13.2 Middle East and Africa (MEA) Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By Product (US$ Mn)
13.3 Middle East and Africa (MEA) Electroencephalography (EEG) Systems/Devices Market Volume Forecasts and Analysis - By Product (‘000 units)
13.4 Middle East and Africa (MEA) Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By Portability (US$ Mn)
13.5 Middle East and Africa (MEA) Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By End User (US$ Mn)
13.6 Middle East and Africa (MEA) Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By Country
13.7 South Africa Market Overview
13.7.1 South Africa Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis-By Product (US$ Mn)
13.7.2 South Africa Electroencephalography (EEG) Systems/Devices Market Volume Forecasts and Analysis - By Product (‘000 units)
13.7.3 South Africa Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By Portability (US$ Mn)
13.7.4 South Africa Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis-By End User (US$ Mn)
13.8 Saudi Arabia Market Overview
13.8.1 Saudi Arabia Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis-By Product (US$ Mn)
13.8.2 Saudi Arabia Electroencephalography (EEG) Systems/Devices Market Volume Forecasts and Analysis - By Product (‘000 units)
13.8.3 Saudi Arabia Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By Portability (US$ Mn)
13.8.4 Saudi Arabia Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis-By End User (US$ Mn)
13.9 UAE Market Overview
13.9.1 UAE Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis-By Product (US$ Mn)
13.9.2 UAE Electroencephalography (EEG) Systems/Devices Market Volume Forecasts and Analysis - By Product (‘000 units)
13.9.3 UAE Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By Portability (US$ Mn)
13.9.4 UAE Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis-By End User (US$ Mn)

14 South and Central America Electroencephalography (EEG) Systems/Devices Market Revenue and Forecasts to 2028 – Country Analysis
14.1 South and Central America Electroencephalography (EEG) Systems/Devices Market Overview
14.2 South and Central America Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By Product (US$ Mn)
14.3 South and Central America Electroencephalography (EEG) Systems/Devices Market Volume Forecasts and Analysis - By Product (‘000 units)
14.4 South and Central America Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By Portability (US$ Mn)
14.5 South and Central America Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By End User (US$ Mn)
14.6 South and Central America Electroencephalography (EEG) Systems/Devices Market Forecasts and Analysis – By Country
14.7 Brazil Market Overview
14.7.1 Brazil Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis-By Product (US$ Mn)
14.7.2 Brazil Electroencephalography (EEG) Systems/Devices Market Volume Forecasts and Analysis - By Product (‘000 units)
14.7.3 Brazil Smarty Pills Market Forecasts and Analysis – By Portability (US$ Mn)
14.7.4 Brazil Electroencephalography (EEG) Systems/Devices Market Revenue Forecasts and Analysis-By End User (US$ Mn)

15 Industry Landscape
15.1 Organic Growth Strategies
15.1.1 New Product Launches
15.1.2 Marketing & Promotional Activities
15.2 Inorganic Growth Strategies
15.2.1 Partnerships, Collaborations, and Joint Ventures
15.2.2 Mergers & Acquisitions

16 Electroencephalography (EEG) Systems/Devices Market, Key Company Profiles
16.1 Natus Medical, Inc.
16.1.1 Key Facts
16.1.2 Business Description
16.1.3 Financial Overview
16.1.4 Product Portfolio
16.1.5 Product Pipeline
16.1.6 SWOT Analysis
16.1.7 Key Developments
16.2 Medtronic
16.2.1 Key Facts
16.2.2 Business Description
16.2.3 Financial Overview
16.2.4 Product Portfolio
16.2.5 Product Pipeline
16.2.6 SWOT Analysis
16.2.7 Key Developments
16.3 NeuroWave Systems, Inc.
16.3.1 Key Facts
16.3.2 Business Description
16.3.3 Financial Overview
16.3.4 Product Portfolio
16.3.5 Product Pipeline
16.3.6 SWOT Analysis
16.3.7 Key Developments
16.4 Compumedics Limited.
16.4.1 Key Facts
16.4.2 Business Description
16.4.3 Financial Overview
16.4.4 Product Portfolio
16.4.5 Product Pipeline
16.4.6 SWOT Analysis
16.4.7 Key Developments
16.5 Noraxon U.S.A.
16.5.1 Key Facts
16.5.2 Business Description
16.5.3 Financial Overview
16.5.4 Product Portfolio
16.5.5 Product Pipeline
16.5.6 SWOT Analysis
16.5.7 Key Developments
16.6 Cadwell Laboratories, Inc.
16.6.1 Key Facts
16.6.2 Business Description
16.6.3 Financial Overview
16.6.4 Product Portfolio
16.6.5 Product Pipeline
16.6.6 SWOT Analysis
16.6.7 Key Developments
16.7 Nihon Kohden Corporation
16.7.1 Key Facts
16.7.2 Business Description
16.7.3 Financial Overview
16.7.4 Product Portfolio
16.7.5 Product Pipeline
16.7.6 SWOT Analysis
16.7.7 Key Developments
16.8 BrainScope
16.8.1 Key Facts
16.8.2 Business Description
16.8.3 Financial Overview
16.8.4 Product Portfolio
16.8.5 Product Pipeline
16.8.6 SWOT Analysis
16.8.7 Key Developments
16.9 Elekta AB
16.9.1 Key Facts
16.9.2 Business Description
16.9.3 Financial Overview
16.9.4 Product Portfolio
16.9.5 Product Pipeline
16.9.6 SWOT Analysis
16.9.7 Key Developments
16.10 Lifelines Neurodiagnostic Systems Inc.
16.10.1Key Facts
16.10.2Business Description
16.10.3Financial Overview
16.10.4Product Portfolio
16.10.5Product Pipeline
16.10.6SWOT Analysis
16.10.7Key Developments

17 Appendix
17.1 About The Insight Partners
17.2 Glossary of Terms
17.3 Research Methodology
The List of Companies

1. Natus Medical, Inc.
2. Medtronic
3. NeuroWave Systems, Inc.
4. Compumedics Limited.
5. Noraxon U.S.A.
6. Cadwell Laboratories, Inc.
7. Nihon Kohden Corporation
8. BrainScope
9. Elekta AB
10. Lifelines Neurodiagnostic Systems Inc.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

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