Bile duct and pancreatic stones are collectively also known as gallstones. They are small, pebble-like objects formed by pancreas or the gallbladder hardened fluids. The gallstones that remain in the gallbladder may not cause harm; however, when a gallstone moves to the bile duct and gets stuck, it is known as biliary stone. It can develop anywhere in the biliary tract where there is bile, such as within the liver, gallbladder, and common bile duct, and it can result in infection and other serious problems. The pancreatic stones are typically made of pieces of calcium carbonate that have hardened due to digestive enzymes and got stuck in the duct leading from the pancreas to the small intestine. The symptoms include inflammation, bacterial infection, and severe organ damage can also occur. Both kinds of gallstones can usually be treated using advanced endoscopic techniques, including ERCP.
MARKET SCOPE
The "Global Pancreatic and Bile Duct Stone Management 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 pancreatic and bile duct stone management market with detailed market segmentation by product, indication, application, and geography. The report provides key statistics on the market status of the leading pancreatic and bile duct stone management market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on product, the global pancreatic and bile duct stone management market is segmented into ERCP catheters, guidewires, sphincterotomes, dilation balloon catheters, extraction balloon catheters, extraction basket catheters, biliary stents and others.
- On the basis of indication, the market is bifurcated into pancreatic stones and bile duct stone.
- On the basis of application, the market is segmented into hospitals, ambulatory surgical centers and speciality clinics.
MARKET DYNAMICS
Drivers
- Increasing prevalence of common bile duct and pancreatic stone diseases resulting in growing stone retrieval procedures and minimally-invasive stone extraction procedures drive the pancreatic and bile duct stone management market growth.
- Growing technological advancements in pancreatic and bile duct stone management products and increasing launches of highly sophisticated endoscopic medical devices boost the market growth.
- Growing healthcare expenditure, early diagnosis, and increasing awareness propel the market growth.
- Increasing focus on clinical effectiveness and rising funding the research & development of novel pancreatic and bile duct stone management products fuel the market growth.
Restraints
- Stringent government regulation.
REGIONAL FRAMEWORK
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 pancreatic and bile duct stone management 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 pancreatic and bile duct stone management market in these regions.
IMPACT OF COVID-19 ON PANCREATIC AND BILE DUCT STONE MANAGEMENT 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, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The outbreak of the COVID-19 pandemic is adversely affecting the pancreatic and bile duct stone management market. As the number of covid cases is rising daily, healthcare institutes and clinics are giving primary preference to patients suffering from COVID-19 because of the shortage of resources and the increased need for assistance facilities. All other non-essential medical procedures have been canceled or postponed by hospitals, such as pancreatic treatments, bile duct stone treatment, and follow-up visits for non-urgent reasons. Only emergency medical surgeries are allowed to be carried out. Therefore, the market is expected to witness slow growth in the near future.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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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 pancreatic and bile duct stone management 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 pancreatic and bile duct stone management market in these regions.
IMPACT OF COVID-19 ON PANCREATIC AND BILE DUCT STONE MANAGEMENT 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, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The outbreak of the COVID-19 pandemic is adversely affecting the pancreatic and bile duct stone management market. As the number of covid cases is rising daily, healthcare institutes and clinics are giving primary preference to patients suffering from COVID-19 because of the shortage of resources and the increased need for assistance facilities. All other non-essential medical procedures have been canceled or postponed by hospitals, such as pancreatic treatments, bile duct stone treatment, and follow-up visits for non-urgent reasons. Only emergency medical surgeries are allowed to be carried out. Therefore, the market is expected to witness slow growth in the near future.
MARKET PLAYERS
The report covers key developments in the pancreatic and bile duct stone management 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 market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from pancreatic and bile duct stone management market are anticipated to have lucrative growth opportunities in the future with the rising demand for pancreatic and bile duct stone management in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the pancreatic and bile duct stone management 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.
- Boston Scientific Corporation
- Cook Medical
- Medtronic Inc.
- CR BARD Inc (Becton, Dickinson and Company)
- Olympus Endoscopy
- Cordis (Cardinal Health Inc.)
- Taewoong Medical Co., Ltd.
- Conmed Endoscopic Technologies
- Argon Medical Devices
- Medi-Globe (ENDO-Flex) GmbH
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer 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 Pancreatic And Bile Duct Stone Management Market - By Product
1.3.2 Pancreatic And Bile Duct Stone Management Market - By Indication
1.3.3 Pancreatic And Bile Duct Stone Management Market - By Application
1.3.4 Pancreatic And Bile Duct Stone Management Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PANCREATIC AND BILE DUCT STONE MANAGEMENT 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. PANCREATIC AND BILE DUCT STONE MANAGEMENT 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. PANCREATIC AND BILE DUCT STONE MANAGEMENT MARKET - GLOBAL MARKET ANALYSIS
6.1. PANCREATIC AND BILE DUCT STONE MANAGEMENT - GLOBAL MARKET OVERVIEW
6.2. PANCREATIC AND BILE DUCT STONE MANAGEMENT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. PANCREATIC AND BILE DUCT STONE MANAGEMENT MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. ERCP CATHETERS
7.3.1. Overview
7.3.2. ERCP Catheters Market Forecast and Analysis
7.4. GUIDEWIRES
7.4.1. Overview
7.4.2. Guidewires Market Forecast and Analysis
7.5. SPHINCTEROTOMES
7.5.1. Overview
7.5.2. Sphincterotomes Market Forecast and Analysis
7.6. DILATION BALLOON CATHETERS
7.6.1. Overview
7.6.2. Dilation Balloon Catheters Market Forecast and Analysis
7.7. EXTRACTION BALLOON CATHETERS
7.7.1. Overview
7.7.2. Extraction Balloon Catheters Market Forecast and Analysis
7.8. EXTRACTION BASKET CATHETERS
7.8.1. Overview
7.8.2. Extraction Basket Catheters Market Forecast and Analysis
7.9. BILIARY STENTS
7.9.1. Overview
7.9.2. Biliary Stents Market Forecast and Analysis
7.10. OTHERS.
7.10.1. Overview
7.10.2. Others. Market Forecast and Analysis
8. PANCREATIC AND BILE DUCT STONE MANAGEMENT MARKET - REVENUE AND FORECASTS TO 2028 - INDICATION
8.1. OVERVIEW
8.2. INDICATION MARKET FORECASTS AND ANALYSIS
8.3. PANCREATIC STONES
8.3.1. Overview
8.3.2. Pancreatic Stones Market Forecast and Analysis
8.4. BILE DUCT STONE
8.4.1. Overview
8.4.2. Bile Duct Stone Market Forecast and Analysis
9. PANCREATIC AND BILE DUCT STONE MANAGEMENT MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. HOSPITALS
9.3.1. Overview
9.3.2. Hospitals Market Forecast and Analysis
9.4. AMBULATORY SURGICAL CENTERS
9.4.1. Overview
9.4.2. Ambulatory Surgical Centers Market Forecast and Analysis
9.5. SPECIALITY CLINICS
9.5.1. Overview
9.5.2. Speciality Clinics Market Forecast and Analysis
10. PANCREATIC AND BILE DUCT STONE MANAGEMENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Pancreatic And Bile Duct Stone Management Market Overview
10.1.2 North America Pancreatic And Bile Duct Stone Management Market Forecasts and Analysis
10.1.3 North America Pancreatic And Bile Duct Stone Management Market Forecasts and Analysis - By Product
10.1.4 North America Pancreatic And Bile Duct Stone Management Market Forecasts and Analysis - By Indication
10.1.5 North America Pancreatic And Bile Duct Stone Management Market Forecasts and Analysis - By Application
10.1.6 North America Pancreatic And Bile Duct Stone Management Market Forecasts and Analysis - By Countries
10.1.6.1 Canada Pancreatic And Bile Duct Stone Management Market
10.1.6.1.1 Canada Pancreatic And Bile Duct Stone Management Market by Product
10.1.6.1.2 Canada Pancreatic And Bile Duct Stone Management Market by Indication
10.1.6.1.3 Canada Pancreatic And Bile Duct Stone Management Market by Application
10.1.6.2 Mexico Pancreatic And Bile Duct Stone Management Market
10.1.6.2.1 Mexico Pancreatic And Bile Duct Stone Management Market by Product
10.1.6.2.2 Mexico Pancreatic And Bile Duct Stone Management Market by Indication
10.1.6.2.3 Mexico Pancreatic And Bile Duct Stone Management Market by Application
10.1.6.3 US Pancreatic And Bile Duct Stone Management Market
10.1.6.3.1 US Pancreatic And Bile Duct Stone Management Market by Product
10.1.6.3.2 US Pancreatic And Bile Duct Stone Management Market by Indication
10.1.6.3.3 US Pancreatic And Bile Duct Stone Management Market by Application
10.2. EUROPE
10.2.1 Europe Pancreatic And Bile Duct Stone Management Market Overview
10.2.2 Europe Pancreatic And Bile Duct Stone Management Market Forecasts and Analysis
10.2.3 Europe Pancreatic And Bile Duct Stone Management Market Forecasts and Analysis - By Product
10.2.4 Europe Pancreatic And Bile Duct Stone Management Market Forecasts and Analysis - By Indication
10.2.5 Europe Pancreatic And Bile Duct Stone Management Market Forecasts and Analysis - By Application
10.2.6 Europe Pancreatic And Bile Duct Stone Management Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Pancreatic And Bile Duct Stone Management Market
10.2.6.1.1 Germany Pancreatic And Bile Duct Stone Management Market by Product
10.2.6.1.2 Germany Pancreatic And Bile Duct Stone Management Market by Indication
10.2.6.1.3 Germany Pancreatic And Bile Duct Stone Management Market by Application
10.2.6.2 France Pancreatic And Bile Duct Stone Management Market
10.2.6.2.1 France Pancreatic And Bile Duct Stone Management Market by Product
10.2.6.2.2 France Pancreatic And Bile Duct Stone Management Market by Indication
10.2.6.2.3 France Pancreatic And Bile Duct Stone Management Market by Application
10.2.6.3 Italy Pancreatic And Bile Duct Stone Management Market
10.2.6.3.1 Italy Pancreatic And Bile Duct Stone Management Market by Product
10.2.6.3.2 Italy Pancreatic And Bile Duct Stone Management Market by Indication
10.2.6.3.3 Italy Pancreatic And Bile Duct Stone Management Market by Application
10.2.6.4 Spain Pancreatic And Bile Duct Stone Management Market
10.2.6.4.1 Spain Pancreatic And Bile Duct Stone Management Market by Product
10.2.6.4.2 Spain Pancreatic And Bile Duct Stone Management Market by Indication
10.2.6.4.3 Spain Pancreatic And Bile Duct Stone Management Market by Application
10.2.6.5 United Kingdom Pancreatic And Bile Duct Stone Management Market
10.2.6.5.1 United Kingdom Pancreatic And Bile Duct Stone Management Market by Product
10.2.6.5.2 United Kingdom Pancreatic And Bile Duct Stone Management Market by Indication
10.2.6.5.3 United Kingdom Pancreatic And Bile Duct Stone Management Market by Application
10.2.6.6 Rest of Europe Pancreatic And Bile Duct Stone Management Market
10.2.6.6.1 Rest of Europe Pancreatic And Bile Duct Stone Management Market by Product
10.2.6.6.2 Rest of Europe Pancreatic And Bile Duct Stone Management Market by Indication
10.2.6.6.3 Rest of Europe Pancreatic And Bile Duct Stone Management Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Pancreatic And Bile Duct Stone Management Market Overview
10.3.2 Asia-Pacific Pancreatic And Bile Duct Stone Management Market Forecasts and Analysis
10.3.3 Asia-Pacific Pancreatic And Bile Duct Stone Management Market Forecasts and Analysis - By Product
10.3.4 Asia-Pacific Pancreatic And Bile Duct Stone Management Market Forecasts and Analysis - By Indication
10.3.5 Asia-Pacific Pancreatic And Bile Duct Stone Management Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Pancreatic And Bile Duct Stone Management Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Pancreatic And Bile Duct Stone Management Market
10.3.6.1.1 Australia Pancreatic And Bile Duct Stone Management Market by Product
10.3.6.1.2 Australia Pancreatic And Bile Duct Stone Management Market by Indication
10.3.6.1.3 Australia Pancreatic And Bile Duct Stone Management Market by Application
10.3.6.2 China Pancreatic And Bile Duct Stone Management Market
10.3.6.2.1 China Pancreatic And Bile Duct Stone Management Market by Product
10.3.6.2.2 China Pancreatic And Bile Duct Stone Management Market by Indication
10.3.6.2.3 China Pancreatic And Bile Duct Stone Management Market by Application
10.3.6.3 India Pancreatic And Bile Duct Stone Management Market
10.3.6.3.1 India Pancreatic And Bile Duct Stone Management Market by Product
10.3.6.3.2 India Pancreatic And Bile Duct Stone Management Market by Indication
10.3.6.3.3 India Pancreatic And Bile Duct Stone Management Market by Application
10.3.6.4 Japan Pancreatic And Bile Duct Stone Management Market
10.3.6.4.1 Japan Pancreatic And Bile Duct Stone Management Market by Product
10.3.6.4.2 Japan Pancreatic And Bile Duct Stone Management Market by Indication
10.3.6.4.3 Japan Pancreatic And Bile Duct Stone Management Market by Application
10.3.6.5 South Korea Pancreatic And Bile Duct Stone Management Market
10.3.6.5.1 South Korea Pancreatic And Bile Duct Stone Management Market by Product
10.3.6.5.2 South Korea Pancreatic And Bile Duct Stone Management Market by Indication
10.3.6.5.3 South Korea Pancreatic And Bile Duct Stone Management Market by Application
10.3.6.6 Rest of Asia-Pacific Pancreatic And Bile Duct Stone Management Market
10.3.6.6.1 Rest of Asia-Pacific Pancreatic And Bile Duct Stone Management Market by Product
10.3.6.6.2 Rest of Asia-Pacific Pancreatic And Bile Duct Stone Management Market by Indication
10.3.6.6.3 Rest of Asia-Pacific Pancreatic And Bile Duct Stone Management Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Pancreatic And Bile Duct Stone Management Market Overview
10.4.2 Middle East and Africa Pancreatic And Bile Duct Stone Management Market Forecasts and Analysis
10.4.3 Middle East and Africa Pancreatic And Bile Duct Stone Management Market Forecasts and Analysis - By Product
10.4.4 Middle East and Africa Pancreatic And Bile Duct Stone Management Market Forecasts and Analysis - By Indication
10.4.5 Middle East and Africa Pancreatic And Bile Duct Stone Management Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Pancreatic And Bile Duct Stone Management Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Pancreatic And Bile Duct Stone Management Market
10.4.6.1.1 South Africa Pancreatic And Bile Duct Stone Management Market by Product
10.4.6.1.2 South Africa Pancreatic And Bile Duct Stone Management Market by Indication
10.4.6.1.3 South Africa Pancreatic And Bile Duct Stone Management Market by Application
10.4.6.2 Saudi Arabia Pancreatic And Bile Duct Stone Management Market
10.4.6.2.1 Saudi Arabia Pancreatic And Bile Duct Stone Management Market by Product
10.4.6.2.2 Saudi Arabia Pancreatic And Bile Duct Stone Management Market by Indication
10.4.6.2.3 Saudi Arabia Pancreatic And Bile Duct Stone Management Market by Application
10.4.6.3 U.A.E Pancreatic And Bile Duct Stone Management Market
10.4.6.3.1 U.A.E Pancreatic And Bile Duct Stone Management Market by Product
10.4.6.3.2 U.A.E Pancreatic And Bile Duct Stone Management Market by Indication
10.4.6.3.3 U.A.E Pancreatic And Bile Duct Stone Management Market by Application
10.4.6.4 Rest of Middle East and Africa Pancreatic And Bile Duct Stone Management Market
10.4.6.4.1 Rest of Middle East and Africa Pancreatic And Bile Duct Stone Management Market by Product
10.4.6.4.2 Rest of Middle East and Africa Pancreatic And Bile Duct Stone Management Market by Indication
10.4.6.4.3 Rest of Middle East and Africa Pancreatic And Bile Duct Stone Management Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Pancreatic And Bile Duct Stone Management Market Overview
10.5.2 South and Central America Pancreatic And Bile Duct Stone Management Market Forecasts and Analysis
10.5.3 South and Central America Pancreatic And Bile Duct Stone Management Market Forecasts and Analysis - By Product
10.5.4 South and Central America Pancreatic And Bile Duct Stone Management Market Forecasts and Analysis - By Indication
10.5.5 South and Central America Pancreatic And Bile Duct Stone Management Market Forecasts and Analysis - By Application
10.5.6 South and Central America Pancreatic And Bile Duct Stone Management Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Pancreatic And Bile Duct Stone Management Market
10.5.6.1.1 Brazil Pancreatic And Bile Duct Stone Management Market by Product
10.5.6.1.2 Brazil Pancreatic And Bile Duct Stone Management Market by Indication
10.5.6.1.3 Brazil Pancreatic And Bile Duct Stone Management Market by Application
10.5.6.2 Argentina Pancreatic And Bile Duct Stone Management Market
10.5.6.2.1 Argentina Pancreatic And Bile Duct Stone Management Market by Product
10.5.6.2.2 Argentina Pancreatic And Bile Duct Stone Management Market by Indication
10.5.6.2.3 Argentina Pancreatic And Bile Duct Stone Management Market by Application
10.5.6.3 Rest of South and Central America Pancreatic And Bile Duct Stone Management Market
10.5.6.3.1 Rest of South and Central America Pancreatic And Bile Duct Stone Management Market by Product
10.5.6.3.2 Rest of South and Central America Pancreatic And Bile Duct Stone Management Market by Indication
10.5.6.3.3 Rest of South and Central America Pancreatic And Bile Duct Stone Management Market by Application
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. PANCREATIC AND BILE DUCT STONE MANAGEMENT MARKET, KEY COMPANY PROFILES
12.1. BOSTON SCIENTIFIC CORPORATION
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. COOK MEDICAL
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. MEDTRONIC 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. CR BARD INC (BECTON, DICKINSON AND COMPANY)
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. OLYMPUS ENDOSCOPY
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. CORDIS (CARDINAL HEALTH INC.)
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. TAEWOONG MEDICAL CO., LTD.
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. CONMED ENDOSCOPIC TECHNOLOGIES
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. ARGON MEDICAL DEVICES
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. MEDI-GLOBE (ENDO-FLEX) GMBH
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. Boston Scientific Corporation
2. Cook Medical
3. Medtronic Inc.
4. CR BARD Inc (Becton, Dickinson and Company)
5. Olympus Endoscopy
6. Cordis (Cardinal Health Inc.)
7. Taewoong Medical Co., Ltd.
8. Conmed Endoscopic Technologies
9. Argon Medical Devices
10. Medi-Globe (ENDO-Flex) GmbH
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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