The Europe biopsy devices marketis expected to reach US$ 1,090.67million by 2027 from US$ 700.01million in 2019; it is estimated to grow at a CAGR of 5.8% from 2020 to 2027.
The key factors driving the growth of biopsy devices are the increasing prevalence of cancer and government support and initiatives. However, limitations associated to biopsy devicesis the major factor hindering the market growth in Europe.
A biopsy is a medical examination generally implemented by surgeons, interventional radiologists, or interventional cardiologists to extract sample cells or tissues for the identification and diagnosis of a disease. The tissue is further examined microscopically by pathologists, or is tested through chemical procedures. Biopsies are most commonly performed to identify cancerous and inflammatory conditions.
Biopsy refers to a diagnostic test that helps identify various types of cancer and noncancerous abnormalities in a human body. The increasing prevalence of cancer is likely to augment the growth of the biopsy devices market in the coming years. As per the Cancer Research, UK, ~367,000 new cancer cases are registered in the UK every year, i.e., ~1,000 per day (2015–2017). Every two minutes someone in the UK is diagnosed with cancer. Additionally, rapidly changing lifestyle and growing alcohol and tobacco product consumptiontrend are among the prominent factors resulting in the increasing incidence of cancer in Europe.
Qiagen and F.Hoffmann La-Roche Ltd are among the major companies manufacturing biopsy devices and accessories used in the diagnosis of cancer and other diseases. Therefore, the increasing prevalence of cancer is expected to drive the growth of the Europe biopsy devices market during the forecast period.
The European Society for Medical Oncology (ESMO), a leading professional organization for medical oncology, continues to help oncology professionals deliver optimal care to their cancer patients amid the COVID-19 pandemic. The impact of this pandemic on cancer patients is high in terms of anxiety, fear, and psychological distress. However, shutdown of businesses and other measures imposed in different countries are delaying the supply of diagnostics kits and assays. Many companies from the biopsy devices market have redirected their focus on the development of the COVID-19 test. For instance, Qiagen is looking to steeply ramp up its global production of the RNA test reagents used to perform specific COVID-19 diagnostics.
Rest of Europe Biopsy Devices Market,Revenue and Forecast to 2027 (US$ Million)
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EUROPE BIOPSY DEVICES MARKET SEGMENTATION
By Product
- Needle-Based Biopsy
- Core Biopsy Devices
- Aspiration Biopsy Needles
- Vacuum-Assisted Biopsy (VAB) Devices
- Localization Wires
- Procedure Trays
- Others
By Application
- Lung Biopsy
- Kidney Biopsy
- Liver Biopsy
- Breast Biopsy
- Others
By Technology
- CT-Scan
- Ultrasound-Guided Biopsy
- Stereotactic-Guided Biopsy
- MRI-Guided Biopsy
- Others
By Country
- Germany
- France
- UK
- Italy
- Spain
- Sweden
- Norway
- Denmark
Company Profiles
- B. Braun Melsungen AG
- Medtronic
- Cardinal Health Inc.
- Danaher
- Hologic, Inc.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product, Technology, Application, and Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
UK, Germany, France, Italy, Russia
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Biopsy Devices Market – By Product
1.3.2 Europe Biopsy Devices Market – By Technology
1.3.3 Europe Biopsy Devices Market – By Application
1.3.4 Europe Biopsy Devices Market – By Country
2. Europe Biopsy Devices Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Biopsy Devices Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Biopsy Devices Market - Europe PEST Analysis
4.3 Expert Opinion
5. Europe Biopsy Devices Market - Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Increasing Cancer Rates
5.1.2 Government Support and Initiatives
5.2 Key Market Restraints
5.2.1 Limitations Associated with Biopsy
5.3 Key Market Opportunities
5.3.1 Increasing Awareness Regarding Early Disease Detection
5.4 Future Trends
5.4.1 Consistent Improvement in Product Designs
5.5 Impact Analysis
6. Biopsy Devices Market – Europe Analysis
6.1 Europe Biopsy Devices Market Revenue Forecasts and Analysis
7. Europe Biopsy Devices Market Analysis and Forecasts To 2027 – By Product
7.1 Overview
7.2 Europe Biopsy Devices market, By Product 2019 & 2027 (%)
7.2.1 Europe Biopsy Devices Market Revenue and Forecasts to 2027, By Product (US$ Mn)
7.2.2 Needle-Based Biopsy Market Revenue and Forecasts to 2027, By Type (US$ Million)
7.3 Needle-Based Biopsy
7.3.1 Overview
7.3.2 Europe Needle-Based Biopsy Market Revenue and Forecast to 2027 (US$ Mn)
7.3.3 Core Biopsy Devices
7.3.3.1 Overview
7.3.3.2 Europe Core Biopsy Devices Market Revenue and Forecasts to 2027 (US$ Mn)
7.3.4 Aspiration Biopsy Needles
7.3.4.1 Overview
7.3.4.2 Europe Aspiration Biopsy Needles Market Revenue and Forecasts to 2027 (US$ Mn)
7.3.5 Vacuum Assisted Biopsy (VAB) Devices
7.3.5.1 Overview
7.3.5.2 Europe Vacuum Assisted Biopsy (VAB) Devices Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Localization Wires
7.4.1 Overview
7.4.2 Europe Localization Wires Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Procedure Trays
7.5.1 Overview
7.5.2 Europe Procedure Trays Market Revenue and Forecasts to 2027 (US$ Mn)
7.6 Others
7.6.1 Overview
7.6.2 Europe Others Market Revenue and Forecasts to 2027 (US$ Mn)
8. Europe Biopsy Devices Market Analysis – By Technology
8.1 Overview
8.2 Europe Biopsy Devices Market, By Technology 2019-2027 (%)
8.2.1 Europe Biopsy Market Devices Revenue and Forecasts to 2027, By Technology (US$ Mn)
8.3 CT Scan
8.3.1 Overview
8.3.2 Europe CT Scan Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Ultrasound Guided Biopsy
8.4.1 Overview
8.4.2 Europe Ultrasound Guided Biopsy Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Stereotactic Guided Biopsy
8.5.1 Overview
8.5.2 Europe Stereotactic Guided Biopsy Market Revenue and Forecasts to 2027 (US$ Mn)
8.6 MRI Guided Biopsy
8.6.1 Overview
8.6.2 Europe MRI Guided Biopsy Market Revenue and Forecasts to 2027 (US$ Mn)
8.7 Others
8.7.1 Overview
8.7.2 Europe Others Market Revenue and Forecasts to 2027 (US$ Mn)
9. Europe Biopsy Devices Market Analysis – By Application
9.1 Overview
9.2 Europe Biopsy Devices Market, By Application 2019-2027 (%)
9.2.1 Europe Biopsy Devices Market Revenue and Forecasts to 2027, By Application (US$ Mn)
9.3 Lungs Biopsy
9.3.1 Overview
9.3.2 Europe Lungs Biopsy Market Revenue and Forecasts to 2027 (US$ Mn)
9.4 Kidney Biopsy
9.4.1 Overview
9.4.2 Europe Kidney Biopsy Market Revenue and Forecasts to 2027 (US$ Mn)
9.5 Liver Biopsy
9.5.1 Overview
9.5.2 Europe Liver Biopsy Market Revenue and Forecasts to 2027 (US$ Mn)
9.6 Breast Biopsy
9.6.1 Overview
9.6.2 Europe Breast Biopsy Market Revenue and Forecasts to 2027 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.2 Europe Others Market Revenue and Forecasts to 2027 (US$ Mn)
10. Biopsy Devices Market Revenue and Forecasts To 2027 – Geographical Analysis
10.1 Europe Biopsy Devices Market Revenue and Forecasts To 2027
10.1.1 Overview
10.1.2 Europe: Biopsy devices Market - Revenue and Forecast to 2027 (USD Million)
10.1.3 Europe: Biopsy Devices Market, by Product, 2018–2027 (USD Million)
10.1.3.1 Europe: Needle-Based Biopsy Devices, Market, by Type, 2018–2027 (USD Million)
10.1.4 Europe: Biopsy Devices, Market, by Technology, 2018–2027 (USD Million)
10.1.5 Europe: Biopsy Devices Market, by Application, 2018–2027 (USD Million)
10.1.6 Europe: Biopsy devices Market, by Country, 2019 & 2027 (%)
10.1.7 Germany: Biopsy devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.7.1 Germany: Biopsy devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.7.2 Germany: Biopsy devices Market, by Product, 2018–2027 (USD Million)
10.1.7.2.1 Germany: Needle-Based Biopsy Devices, Market, by Type, 2018–2027 (USD Million)
10.1.7.3 Germany: Biopsy Devices, Market, by Technology, 2018–2027 (USD Million)
10.1.7.4 Germany: Biopsy Devices Market, by Application, 2018–2027 (USD Million)
10.1.8 UK: Biopsy devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.1 UK: Biopsy devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.2 UK: Biopsy devices Market, by Product, 2018–2027 (USD Million)
10.1.8.2.1 UK: Needle-Based Biopsy Devices, Market, by Type, 2018–2027 (USD Million)
10.1.8.3 UK: Biopsy Devices, Market, by Technology, 2018–2027 (USD Million)
10.1.8.4 UK: Biopsy Devices Market, by Application, 2018–2027 (USD Million)
10.1.9 France: Biopsy devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.9.1 France: Biopsy devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.9.2 France: Biopsy devices Market, by Product, 2018–2027 (USD Million)
10.1.9.2.1 France: Needle-Based Biopsy Devices, Market, by Type, 2018–2027 (USD Million)
10.1.9.3 France: Biopsy Devices, Market, by Technology, 2018–2027 (USD Million)
10.1.9.4 France: Biopsy Devices Market, by Application, 2018–2027 (USD Million)
10.1.10 Spain: Biopsy devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.10.1 Spain: Biopsy devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.10.2 Spain: Biopsy devices Market, by Product, 2018–2027 (USD Million)
10.1.10.2.1 Spain: Needle-Based Biopsy Devices, Market, by Type, 2018–2027 (USD Million)
10.1.10.3 Spain: Biopsy Devices, Market, by Technology, 2018–2027 (USD Million)
10.1.10.4 Spain: Biopsy Devices Market, by Application, 2018–2027 (USD Million)
10.1.11 Italy: Biopsy devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.11.1 Italy: Biopsy devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.11.2 Italy: Biopsy devices Market, by Product, 2018–2027 (USD Million)
10.1.11.2.1 Italy: Needle-Based Biopsy Devices, Market, by Type, 2018–2027 (USD Million)
10.1.11.3 Italy: Biopsy Devices, Market, by Technology, 2018–2027 (USD Million)
10.1.11.4 Italy: Biopsy Devices Market, by Application, 2018–2027 (USD Million)
10.1.12 Sweden: Biopsy Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.12.1 Sweden: Biopsy Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.12.2 Sweden: Biopsy Devices Market, by Product, 2018–2027 (USD Million)
10.1.12.2.1 Sweden: Needle-Based Biopsy Devices, Market, by Type, 2018–2027 (USD Million)
10.1.12.3 Sweden: Biopsy Devices, Market, by Technology, 2018–2027 (USD Million)
10.1.12.4 Sweden: Biopsy Devices Market, by Application, 2018–2027 (USD Million)
10.1.13 Denmark: Biopsy Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.13.1 Denmark: Biopsy Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.13.2 Denmark: Biopsy Devices Market, by Product, 2018–2027 (USD Million)
10.1.13.2.1 Denmark: Needle-Based Biopsy Devices, Market, by Type, 2018–2027 (USD Million)
10.1.13.3 Denmark: Biopsy Devices, Market, by Technology, 2018–2027 (USD Million)
10.1.13.4 Denmark: Biopsy Devices Market, by Application, 2018–2027 (USD Million)
10.1.14 Norway: Biopsy devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.14.1 Norway: Biopsy devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.14.2 Norway: Biopsy devices Market, by Product, 2018–2027 (USD Million)
10.1.14.2.1 Norway: Needle-Based Biopsy Devices, Market, by Type, 2018–2027 (USD Million)
10.1.14.3 Norway: Biopsy Devices, Market, by Technology, 2018–2027 (USD Million)
10.1.14.4 Norway: Biopsy Devices Market, by Application, 2018–2027 (USD Million)
11. Impact Of COVID-19 Pandemic on Europe Biopsy Devices Market
11.1 Europe: Impact Assessment of COVID-19 Pandemic
12. Company Profiles
12.1 B. Braun Melsungen AG
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 Medtronic
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Cardinal Health Inc.
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 Danaher
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 Hologic, Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About the Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Europe Biopsy Devices Market Revenue and Forecasts To 2027, By Product (US$ Mn)
Table 2. Needle-Based Biopsy Market Revenue And Forecasts to 2027, By Type (US$ Million)
Table 3. Europe Biopsy Devices Market Revenue and Forecasts To 2027, By Technology (US$ Mn)
Table 4. Europe Biopsy Devices Market Revenue and Forecasts To 2027, By Application (US$ Mn)
Table 5. Europe Biopsy Devices Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 6. Europe Needle-Based Biopsy Devices Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 7. Europe Biopsy Devices Market, by Technology – Revenue and Forecast to 2027 (USD Million)
Table 8. Europe Biopsy Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 9. Incidence, Mortality and Prevalence by cancer site, 2018, Germany
Table 10. Germany Biopsy devices Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 11. Germany Needle-Based Biopsy Devices Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 12. Germany Biopsy Devices Market, by Technology – Revenue and Forecast to 2027 (USD Million)
Table 13. Germany Biopsy Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 14. UK Biopsy devices Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 15. UK Needle-Based Biopsy Devices Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 16. UK Biopsy Devices Market, by Technology – Revenue and Forecast to 2027 (USD Million)
Table 17. UK Biopsy Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 18. Incidence, Mortality and Prevalence By Cancer Site, 2018, France
Table 19. France Biopsy devices Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 20. France Needle-Based Biopsy Devices Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 21. France Biopsy Devices Market, by Technology – Revenue and Forecast to 2027 (USD Million)
Table 22. France Biopsy Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 23. Spain Biopsy devices Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 24. Spain Needle-Based Biopsy Devices Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 25. Spain Biopsy Devices Market, by Technology – Revenue and Forecast to 2027 (USD Million)
Table 26. Spain Biopsy Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 27. Incidence, Mortality and Prevalence by cancer site, 2018, Italy
Table 28. Italy Biopsy devices Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 29. Italy Needle-Based Biopsy Devices Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 30. Italy Biopsy Devices Market, by Technology – Revenue and Forecast to 2027 (USD Million)
Table 31. Italy Biopsy Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 32. Sweden Biopsy Devices Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 33. Sweden Needle-Based Biopsy Devices Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 34. Sweden Biopsy Devices Market, by Technology – Revenue and Forecast to 2027 (USD Million)
Table 35. Sweden Biopsy Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 36. Denmark Biopsy Devices Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 37. Denmark Needle-Based Biopsy Devices Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 38. Denmark Biopsy Devices Market, by Technology – Revenue and Forecast to 2027 (USD Million)
Table 39. Denmark Biopsy Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 40. Norway Biopsy devices Market, by Product– Revenue and Forecast to 2027 (USD Million)
Table 41. Norway Needle-Based Biopsy Devices Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 42. Norway Biopsy Devices Market, by Technology – Revenue and Forecast to 2027 (USD Million)
Table 43. Norway Biopsy Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 44. Glossary of Terms, Biopsy Devices Market
LIST OF FIGURES
Figure 1. Biopsy Devices Market Segmentation
Figure 2. Europe Biopsy Devices Market Overview
Figure 3. Needle-Based Biopsy Segment Held Largest Share of Product Segment in Biopsy Devices Market
Figure 4. UK is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. Europe Biopsy Devices Market - Leading Country Markets (US$ Mn)
Figure 6. Biopsy Devices Market - Europe PEST Analysis
Figure 7. Biopsy Devices Market Impact Analysis of Driver and Restraints
Figure 8. Europe Biopsy Devices market – Revenue Forecasts and Analysis – 2019- 2027
Figure 9. Europe Biopsy Devices market, By Product 2019 & 2027 (%)
Figure 10. Europe Needle-Based Biopsy Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 11. Europe Core Biopsy Devices Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 12. Europe Aspiration Biopsy Needles Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 13. Europe Vacuum Assisted Biopsy (VAB) Devices Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 14. Europe Localization Wires Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 15. Europe Procedure Trays Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 16. Europe Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 17. Europe Biopsy Devices Market, by technology 2019 & 2027 (%)
Figure 18. Europe CT Scan Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. Europe Ultrasound Guided Biopsy Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 20. Europe Stereotactic Guided Biopsy Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 21. Europe MRI Guided Biopsy Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 22. Europe Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 23. Europe Biopsy Devices Market, by Application 2019 & 2027 (%)
Figure 24. Europe Lungs Biopsy Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 25. Europe Kidney Biopsy Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 26. Europe Liver Biopsy Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 27. Europe Breast Biopsy Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 28. Europe Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 29. Europe: Biopsy devices Market, by Key Country – Revenue (2019) (USD Million)
Figure 30. Europe Biopsy devices Market Revenue and Forecast to 2027 (USD Million)
Figure 31. Europe: Biopsy devices Market, by Country, 2019 & 2027 (%)
Figure 32. Germany: Biopsy devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 33. UK: Biopsy devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 34. France: Biopsy devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 35. Spain: Biopsy devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 36. Italy: Biopsy devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 37. Sweden: Biopsy Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 38. Denmark: Biopsy Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 39. Norway: Biopsy devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 40. Impact of COVID-19 Pandemic in European Country Markets
The List of Companies - Europe Biopsy Devices Market
- B. Braun Melsungen AG
- Medtronic
- Cardinal Health Inc.
- Danaher
- Hologic, Inc.
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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Jul 2020
Osteoarthritis Therapy Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Therapy Type [Transcutaneous Electrical Nerve Stimulation (TENS), Occupational Therapy, Physical Therapy, Platelet-Rich Plasma Therapy and Stromal Vascular Fraction, Prolotherapy, and Others], Disease Indication (Knee Osteoarthritis, Spine Osteoarthritis, Foot and Ankle Osteoarthritis, Shoulder Osteoarthritis, Hand Osteoarthritis, and Others), End User (Hospitals & Clinics, Specialty Clinics, Ambulatory Surgical Centers, Homecare, and Others), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
Jul 2020
Bariatric Surgeries Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type [Adjustable Gastric Bands (AGB), Sleeve Gastrectomy, Gastric Bypass, Biliopancreatic Diversion with Duodenal Switch (BPD-DS), and Others], End User (Hospitals and Ambulatory Surgical Centers), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
Jul 2020
Post-Acute Care Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Service Type (Skilled Nursing Facilities, Inpatient Rehabilitation Facilities, Long-Term Care Hospitals, Home Health Agency, and Others), Age (Elderly, Adult, and Others), Disease Conditions (Amputations, Wound Management, Brain Injury and Spinal Cord Injury, Neurological Disorders, and Others), and Geography
Jul 2020
Lung Cancer Therapy Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Therapy Type (Noninvasive and Minimally Invasive), Indication (Non-Small Cell Lung Cancer and Small Cell Lung Cancer), End User (Hospitals, Oncology Clinics, Research Centers, and Others), and Geography (North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa)