The electronic pill is an ingestible capsule with sensors and a camera built in. Following ingestion, the pill collects several images of the gastrointestinal tract every second, which are sent to the attached recording device. Temperature, pH, conductivity, and dissolved oxygen are all monitored with this technique. Electronic pills are used to diagnose gastrointestinal disorders such as colon cancer, polyps, gastrointestinal haemorrhage, and other infectious diseases. The market has grown due to an increasing preference for non-invasive diagnostic methods.
MARKET SCOPE
The Global Electronic Pill 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 the electronic pill market with detailed market segmentation by target area, application and end user. The report provides key statistics on the market status of the leading electronic pill market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on target area the market is segmented as, esophagus, stomach and large intestine.
- Based on application the market is segmented as, capsule endoscopy, drug delivery, patient monitoring.
- Based on end user the market is segmented as, hospitals, diagnostic centers, clinical research organizations and others.
MARKET DYNAMICS
Drivers:
- Growing geriatric population across the globe and increasing demand for non-invasive methods of diagnosis.
- Increasing prevalence of gastrointestinal disorders, colon cancers.
- Rising demand for rapid and precise diagnostics is also expected to spur the market growth.
- Technological advancements in capsule endoscopy is also expected to fuel the market growth.
Restraints:
- However, availability of other options, lack of awareness about electronic pills are expected to hamper market growth during the forecast period.
- 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 an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The electronic pill market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting 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 America after evaluating political, economic, social and technological factors affecting the electronic pill market in these regions.
IMPACT OF COVID-19 ON ELECTRONIC PILL MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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- 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 an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The electronic pill market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting 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 America after evaluating political, economic, social and technological factors affecting the electronic pill market in these regions.
IMPACT OF COVID-19 ON ELECTRONIC PILL MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the electronic pill 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 activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from electronic pill market are anticipated to lucrative growth opportunities in the future with the rising demand for Electronic pill in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the electronic pill market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BDD LTD
- CapsoVision, Inc.
- INSHAN Science and Technology
- Medtronic
- IntroMedic
- Karl Storz Gmbh and Co. KG
- Medisafe
- Proteus Digital Health
- Olympus Corporation
- Medimetrics
- 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 Electronic Pill Market - By Target Area
1.3.2 Electronic Pill Market - By Application
1.3.3 Electronic Pill Market - By End User
1.3.4 Electronic Pill Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ELECTRONIC PILL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. ELECTRONIC PILL 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. ELECTRONIC PILL MARKET - GLOBAL MARKET ANALYSIS
6.1. ELECTRONIC PILL - GLOBAL MARKET OVERVIEW
6.2. ELECTRONIC PILL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ELECTRONIC PILL MARKET - REVENUE AND FORECASTS TO 2028 - TARGET AREA
7.1. OVERVIEW
7.2. TARGET AREA MARKET FORECASTS AND ANALYSIS
7.3. EESOPHAGUS
7.3.1. Overview
7.3.2. Eesophagus Market Forecast and Analysis
7.4. STOMACH
7.4.1. Overview
7.4.2. Stomach Market Forecast and Analysis
7.5. LARGE INTESTINE
7.5.1. Overview
7.5.2. Large Intestine Market Forecast and Analysis
8. ELECTRONIC PILL MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. CAPSULE ENDOSCOPY
8.3.1. Overview
8.3.2. Capsule Endoscopy Market Forecast and Analysis
8.4. DRUG DELIVERY
8.4.1. Overview
8.4.2. Drug Delivery Market Forecast and Analysis
8.5. PATIENT MONITORING
8.5.1. Overview
8.5.2. Patient Monitoring Market Forecast and Analysis
9. ELECTRONIC PILL 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. DIAGNOSTIC CENTERS
9.4.1. Overview
9.4.2. Diagnostic Centers Market Forecast and Analysis
9.5. CLINICAL RESEARCH ORGANIZATIONS
9.5.1. Overview
9.5.2. Clinical Research Organizations Market Forecast and Analysis
9.6. OTHERS
9.6.1. Overview
9.6.2. Others Market Forecast and Analysis
10. ELECTRONIC PILL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Electronic Pill Market Overview
10.1.2 North America Electronic Pill Market Forecasts and Analysis
10.1.3 North America Electronic Pill Market Forecasts and Analysis - By Target Area
10.1.4 North America Electronic Pill Market Forecasts and Analysis - By Application
10.1.5 North America Electronic Pill Market Forecasts and Analysis - By End User
10.1.6 North America Electronic Pill Market Forecasts and Analysis - By Countries
10.1.6.1 United States Electronic Pill Market
10.1.6.1.1 United States Electronic Pill Market by Target Area
10.1.6.1.2 United States Electronic Pill Market by Application
10.1.6.1.3 United States Electronic Pill Market by End User
10.1.6.2 Canada Electronic Pill Market
10.1.6.2.1 Canada Electronic Pill Market by Target Area
10.1.6.2.2 Canada Electronic Pill Market by Application
10.1.6.2.3 Canada Electronic Pill Market by End User
10.1.6.3 Mexico Electronic Pill Market
10.1.6.3.1 Mexico Electronic Pill Market by Target Area
10.1.6.3.2 Mexico Electronic Pill Market by Application
10.1.6.3.3 Mexico Electronic Pill Market by End User
10.2. EUROPE
10.2.1 Europe Electronic Pill Market Overview
10.2.2 Europe Electronic Pill Market Forecasts and Analysis
10.2.3 Europe Electronic Pill Market Forecasts and Analysis - By Target Area
10.2.4 Europe Electronic Pill Market Forecasts and Analysis - By Application
10.2.5 Europe Electronic Pill Market Forecasts and Analysis - By End User
10.2.6 Europe Electronic Pill Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Electronic Pill Market
10.2.6.1.1 Germany Electronic Pill Market by Target Area
10.2.6.1.2 Germany Electronic Pill Market by Application
10.2.6.1.3 Germany Electronic Pill Market by End User
10.2.6.2 France Electronic Pill Market
10.2.6.2.1 France Electronic Pill Market by Target Area
10.2.6.2.2 France Electronic Pill Market by Application
10.2.6.2.3 France Electronic Pill Market by End User
10.2.6.3 Italy Electronic Pill Market
10.2.6.3.1 Italy Electronic Pill Market by Target Area
10.2.6.3.2 Italy Electronic Pill Market by Application
10.2.6.3.3 Italy Electronic Pill Market by End User
10.2.6.4 Spain Electronic Pill Market
10.2.6.4.1 Spain Electronic Pill Market by Target Area
10.2.6.4.2 Spain Electronic Pill Market by Application
10.2.6.4.3 Spain Electronic Pill Market by End User
10.2.6.5 United Kingdom Electronic Pill Market
10.2.6.5.1 United Kingdom Electronic Pill Market by Target Area
10.2.6.5.2 United Kingdom Electronic Pill Market by Application
10.2.6.5.3 United Kingdom Electronic Pill Market by End User
10.2.6.6 Rest of Europe Electronic Pill Market
10.2.6.6.1 Rest of Europe Electronic Pill Market by Target Area
10.2.6.6.2 Rest of Europe Electronic Pill Market by Application
10.2.6.6.3 Rest of Europe Electronic Pill Market by End User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Electronic Pill Market Overview
10.3.2 Asia-Pacific Electronic Pill Market Forecasts and Analysis
10.3.3 Asia-Pacific Electronic Pill Market Forecasts and Analysis - By Target Area
10.3.4 Asia-Pacific Electronic Pill Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Electronic Pill Market Forecasts and Analysis - By End User
10.3.6 Asia-Pacific Electronic Pill Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Electronic Pill Market
10.3.6.1.1 Australia Electronic Pill Market by Target Area
10.3.6.1.2 Australia Electronic Pill Market by Application
10.3.6.1.3 Australia Electronic Pill Market by End User
10.3.6.2 China Electronic Pill Market
10.3.6.2.1 China Electronic Pill Market by Target Area
10.3.6.2.2 China Electronic Pill Market by Application
10.3.6.2.3 China Electronic Pill Market by End User
10.3.6.3 India Electronic Pill Market
10.3.6.3.1 India Electronic Pill Market by Target Area
10.3.6.3.2 India Electronic Pill Market by Application
10.3.6.3.3 India Electronic Pill Market by End User
10.3.6.4 Japan Electronic Pill Market
10.3.6.4.1 Japan Electronic Pill Market by Target Area
10.3.6.4.2 Japan Electronic Pill Market by Application
10.3.6.4.3 Japan Electronic Pill Market by End User
10.3.6.5 South Korea Electronic Pill Market
10.3.6.5.1 South Korea Electronic Pill Market by Target Area
10.3.6.5.2 South Korea Electronic Pill Market by Application
10.3.6.5.3 South Korea Electronic Pill Market by End User
10.3.6.6 Rest of Asia-Pacific Electronic Pill Market
10.3.6.6.1 Rest of Asia-Pacific Electronic Pill Market by Target Area
10.3.6.6.2 Rest of Asia-Pacific Electronic Pill Market by Application
10.3.6.6.3 Rest of Asia-Pacific Electronic Pill Market by End User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Electronic Pill Market Overview
10.4.2 Middle East and Africa Electronic Pill Market Forecasts and Analysis
10.4.3 Middle East and Africa Electronic Pill Market Forecasts and Analysis - By Target Area
10.4.4 Middle East and Africa Electronic Pill Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Electronic Pill Market Forecasts and Analysis - By End User
10.4.6 Middle East and Africa Electronic Pill Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Electronic Pill Market
10.4.6.1.1 South Africa Electronic Pill Market by Target Area
10.4.6.1.2 South Africa Electronic Pill Market by Application
10.4.6.1.3 South Africa Electronic Pill Market by End User
10.4.6.2 Saudi Arabia Electronic Pill Market
10.4.6.2.1 Saudi Arabia Electronic Pill Market by Target Area
10.4.6.2.2 Saudi Arabia Electronic Pill Market by Application
10.4.6.2.3 Saudi Arabia Electronic Pill Market by End User
10.4.6.3 U.A.E Electronic Pill Market
10.4.6.3.1 U.A.E Electronic Pill Market by Target Area
10.4.6.3.2 U.A.E Electronic Pill Market by Application
10.4.6.3.3 U.A.E Electronic Pill Market by End User
10.4.6.4 Rest of Middle East and Africa Electronic Pill Market
10.4.6.4.1 Rest of Middle East and Africa Electronic Pill Market by Target Area
10.4.6.4.2 Rest of Middle East and Africa Electronic Pill Market by Application
10.4.6.4.3 Rest of Middle East and Africa Electronic Pill Market by End User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Electronic Pill Market Overview
10.5.2 South and Central America Electronic Pill Market Forecasts and Analysis
10.5.3 South and Central America Electronic Pill Market Forecasts and Analysis - By Target Area
10.5.4 South and Central America Electronic Pill Market Forecasts and Analysis - By Application
10.5.5 South and Central America Electronic Pill Market Forecasts and Analysis - By End User
10.5.6 South and Central America Electronic Pill Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Electronic Pill Market
10.5.6.1.1 Brazil Electronic Pill Market by Target Area
10.5.6.1.2 Brazil Electronic Pill Market by Application
10.5.6.1.3 Brazil Electronic Pill Market by End User
10.5.6.2 Argentina Electronic Pill Market
10.5.6.2.1 Argentina Electronic Pill Market by Target Area
10.5.6.2.2 Argentina Electronic Pill Market by Application
10.5.6.2.3 Argentina Electronic Pill Market by End User
10.5.6.3 Rest of South and Central America Electronic Pill Market
10.5.6.3.1 Rest of South and Central America Electronic Pill Market by Target Area
10.5.6.3.2 Rest of South and Central America Electronic Pill Market by Application
10.5.6.3.3 Rest of South and Central America Electronic Pill 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. ELECTRONIC PILL MARKET, KEY COMPANY PROFILES
12.1. BDD LTD
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. CAPSOVISION, INC.
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. INSHAN SCIENCE AND TECHNOLOGY
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. MEDTRONIC
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. INTROMEDIC
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. KARL STORZ GMBH AND CO. KG
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. MEDISAFE
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. PROTEUS DIGITAL HEALTH
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. OLYMPUS CORPORATION
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. MEDIMETRICS
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. BDD LTD
2. CapsoVision, Inc.
3. INSHAN Science and Technology
4. Medtronic
5. IntroMedic
6. Karl Storz Gmbh and Co. KG
7. Medisafe
8. Proteus Digital Health
9. Olympus Corporation
10. Medimetrics
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.
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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)
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