Tumor ablation is the image-guided technique that is utilized to eliminate the tumor through the delivery of concentrated energy or chemicals through needles or probes. This can be performed using different techniques such as radiofrequency ablation, microwave ablation, and other methods. It can be utilized to treat various cancers such as a liver tumor, lung cancer, renal tumor, prostate cancer, and other tumors.
MARKET SCOPE
The "Global Tumor Ablation Equipment and Accessories Market Analysis to 2028" 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 tumor ablation equipment and accessories market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading tumor ablation equipment and accessories market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global tumor ablation equipment and accessories market is segmented into microwave ablation accessories (microwave ablation needle) and microwave ablation system.
- On the basis of application, the market is bifurcated into oncology, hepatobiliary surgery, ultrasound intervention, radiology department and other departments..
MARKET DYNAMICS
Drivers
- The increasing incidence of various cancer and the growing aging population drive the growth of the tumor ablation equipment and accessories market.
- Technological advancements in ablation devices and the growing demand for minimally invasive surgeries boosts the market growth.
- Initiatives taken by the government organizations and improving healthcare infrastructure fuel the market growth.
Restraints
- Strict regulations from the government.
- Delay in product approval.
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 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The tumor ablation equipment and accessories 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 tumor ablation equipment and accessories market in these regions.
IMPACT OF COVID-19 ON TUMOR ABLATION EQUIPMENT AND ACCESSORIES 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 COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. With the increasing pandemic, advanced tumor ablation techniques are being preferred over traditional surgeries so to reduce COVID-19 associated risks and to minimize hospital stay, and the growing use of this technique helps its equipment market to grow. Although, the elective surgeries were canceled or delayed resulting in the reduction of tumor ablation procedures that further impacted the tumor ablation equipment and accessories market. However, the number of tumor ablation procedures is expected to grow significantly in the future owing to the postponed elective surgeries during the pandemic.
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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 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The tumor ablation equipment and accessories 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 tumor ablation equipment and accessories market in these regions.
IMPACT OF COVID-19 ON TUMOR ABLATION EQUIPMENT AND ACCESSORIES 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 COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. With the increasing pandemic, advanced tumor ablation techniques are being preferred over traditional surgeries so to reduce COVID-19 associated risks and to minimize hospital stay, and the growing use of this technique helps its equipment market to grow. Although, the elective surgeries were canceled or delayed resulting in the reduction of tumor ablation procedures that further impacted the tumor ablation equipment and accessories market. However, the number of tumor ablation procedures is expected to grow significantly in the future owing to the postponed elective surgeries during the pandemic.
MARKET PLAYERS
The report covers key developments in the tumor ablation equipment and accessories 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 tumor ablation equipment and accessories market are anticipated to have lucrative growth opportunities in the future with the rising demand for tumor ablation equipment and accessories in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the tumor ablation equipment and accessories 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.
- Micro Tech Medical
- Canyon
- Nanjing ECO Microwave
- Pure Meditech Solution
- Medtronic
- Mermaid Medical
- Terumo Corporation
- AngioDynamics
- Ethicon
- Apni Corporation
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 Tumor Ablation Equipment And Accessories Market - By Type
1.3.2 Tumor Ablation Equipment And Accessories Market - By Application
1.3.3 Tumor Ablation Equipment And Accessories Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. TUMOR ABLATION EQUIPMENT AND ACCESSORIES 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. TUMOR ABLATION EQUIPMENT AND ACCESSORIES 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. TUMOR ABLATION EQUIPMENT AND ACCESSORIES MARKET - GLOBAL MARKET ANALYSIS
6.1. TUMOR ABLATION EQUIPMENT AND ACCESSORIES - GLOBAL MARKET OVERVIEW
6.2. TUMOR ABLATION EQUIPMENT AND ACCESSORIES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. TUMOR ABLATION EQUIPMENT AND ACCESSORIES MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. MICROWAVE ABLATION ACCESSORIES (MICROWAVE ABLATION NEEDLE)
7.3.1. Overview
7.3.2. Microwave Ablation Accessories (Microwave Ablation Needle) Market Forecast and Analysis
7.4. MICROWAVE ABLATION SYSTEM
7.4.1. Overview
7.4.2. Microwave Ablation System Market Forecast and Analysis
8. TUMOR ABLATION EQUIPMENT AND ACCESSORIES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. ONCOLOGY
8.3.1. Overview
8.3.2. Oncology Market Forecast and Analysis
8.4. HEPATOBILIARY SURGERY
8.4.1. Overview
8.4.2. Hepatobiliary Surgery Market Forecast and Analysis
8.5. ULTRASOUND INTERVENTION
8.5.1. Overview
8.5.2. Ultrasound Intervention Market Forecast and Analysis
8.6. RADIOLOGY DEPARTMENT
8.6.1. Overview
8.6.2. Radiology Department Market Forecast and Analysis
8.7. OTHER DEPARTMENTS
8.7.1. Overview
8.7.2. Other Departments Market Forecast and Analysis
9. TUMOR ABLATION EQUIPMENT AND ACCESSORIES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Tumor Ablation Equipment And Accessories Market Overview
9.1.2 North America Tumor Ablation Equipment And Accessories Market Forecasts and Analysis
9.1.3 North America Tumor Ablation Equipment And Accessories Market Forecasts and Analysis - By Type
9.1.4 North America Tumor Ablation Equipment And Accessories Market Forecasts and Analysis - By Application
9.1.5 North America Tumor Ablation Equipment And Accessories Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Tumor Ablation Equipment And Accessories Market
9.1.5.1.1 Canada Tumor Ablation Equipment And Accessories Market by Type
9.1.5.1.2 Canada Tumor Ablation Equipment And Accessories Market by Application
9.1.5.2 Mexico Tumor Ablation Equipment And Accessories Market
9.1.5.2.1 Mexico Tumor Ablation Equipment And Accessories Market by Type
9.1.5.2.2 Mexico Tumor Ablation Equipment And Accessories Market by Application
9.1.5.3 US Tumor Ablation Equipment And Accessories Market
9.1.5.3.1 US Tumor Ablation Equipment And Accessories Market by Type
9.1.5.3.2 US Tumor Ablation Equipment And Accessories Market by Application
9.2. EUROPE
9.2.1 Europe Tumor Ablation Equipment And Accessories Market Overview
9.2.2 Europe Tumor Ablation Equipment And Accessories Market Forecasts and Analysis
9.2.3 Europe Tumor Ablation Equipment And Accessories Market Forecasts and Analysis - By Type
9.2.4 Europe Tumor Ablation Equipment And Accessories Market Forecasts and Analysis - By Application
9.2.5 Europe Tumor Ablation Equipment And Accessories Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Tumor Ablation Equipment And Accessories Market
9.2.5.1.1 Germany Tumor Ablation Equipment And Accessories Market by Type
9.2.5.1.2 Germany Tumor Ablation Equipment And Accessories Market by Application
9.2.5.2 France Tumor Ablation Equipment And Accessories Market
9.2.5.2.1 France Tumor Ablation Equipment And Accessories Market by Type
9.2.5.2.2 France Tumor Ablation Equipment And Accessories Market by Application
9.2.5.3 Italy Tumor Ablation Equipment And Accessories Market
9.2.5.3.1 Italy Tumor Ablation Equipment And Accessories Market by Type
9.2.5.3.2 Italy Tumor Ablation Equipment And Accessories Market by Application
9.2.5.4 Spain Tumor Ablation Equipment And Accessories Market
9.2.5.4.1 Spain Tumor Ablation Equipment And Accessories Market by Type
9.2.5.4.2 Spain Tumor Ablation Equipment And Accessories Market by Application
9.2.5.5 United Kingdom Tumor Ablation Equipment And Accessories Market
9.2.5.5.1 United Kingdom Tumor Ablation Equipment And Accessories Market by Type
9.2.5.5.2 United Kingdom Tumor Ablation Equipment And Accessories Market by Application
9.2.5.6 Rest of Europe Tumor Ablation Equipment And Accessories Market
9.2.5.6.1 Rest of Europe Tumor Ablation Equipment And Accessories Market by Type
9.2.5.6.2 Rest of Europe Tumor Ablation Equipment And Accessories Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Tumor Ablation Equipment And Accessories Market Overview
9.3.2 Asia-Pacific Tumor Ablation Equipment And Accessories Market Forecasts and Analysis
9.3.3 Asia-Pacific Tumor Ablation Equipment And Accessories Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Tumor Ablation Equipment And Accessories Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Tumor Ablation Equipment And Accessories Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Tumor Ablation Equipment And Accessories Market
9.3.5.1.1 Australia Tumor Ablation Equipment And Accessories Market by Type
9.3.5.1.2 Australia Tumor Ablation Equipment And Accessories Market by Application
9.3.5.2 China Tumor Ablation Equipment And Accessories Market
9.3.5.2.1 China Tumor Ablation Equipment And Accessories Market by Type
9.3.5.2.2 China Tumor Ablation Equipment And Accessories Market by Application
9.3.5.3 India Tumor Ablation Equipment And Accessories Market
9.3.5.3.1 India Tumor Ablation Equipment And Accessories Market by Type
9.3.5.3.2 India Tumor Ablation Equipment And Accessories Market by Application
9.3.5.4 Japan Tumor Ablation Equipment And Accessories Market
9.3.5.4.1 Japan Tumor Ablation Equipment And Accessories Market by Type
9.3.5.4.2 Japan Tumor Ablation Equipment And Accessories Market by Application
9.3.5.5 South Korea Tumor Ablation Equipment And Accessories Market
9.3.5.5.1 South Korea Tumor Ablation Equipment And Accessories Market by Type
9.3.5.5.2 South Korea Tumor Ablation Equipment And Accessories Market by Application
9.3.5.6 Rest of Asia-Pacific Tumor Ablation Equipment And Accessories Market
9.3.5.6.1 Rest of Asia-Pacific Tumor Ablation Equipment And Accessories Market by Type
9.3.5.6.2 Rest of Asia-Pacific Tumor Ablation Equipment And Accessories Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Tumor Ablation Equipment And Accessories Market Overview
9.4.2 Middle East and Africa Tumor Ablation Equipment And Accessories Market Forecasts and Analysis
9.4.3 Middle East and Africa Tumor Ablation Equipment And Accessories Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Tumor Ablation Equipment And Accessories Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Tumor Ablation Equipment And Accessories Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Tumor Ablation Equipment And Accessories Market
9.4.5.1.1 South Africa Tumor Ablation Equipment And Accessories Market by Type
9.4.5.1.2 South Africa Tumor Ablation Equipment And Accessories Market by Application
9.4.5.2 Saudi Arabia Tumor Ablation Equipment And Accessories Market
9.4.5.2.1 Saudi Arabia Tumor Ablation Equipment And Accessories Market by Type
9.4.5.2.2 Saudi Arabia Tumor Ablation Equipment And Accessories Market by Application
9.4.5.3 U.A.E Tumor Ablation Equipment And Accessories Market
9.4.5.3.1 U.A.E Tumor Ablation Equipment And Accessories Market by Type
9.4.5.3.2 U.A.E Tumor Ablation Equipment And Accessories Market by Application
9.4.5.4 Rest of Middle East and Africa Tumor Ablation Equipment And Accessories Market
9.4.5.4.1 Rest of Middle East and Africa Tumor Ablation Equipment And Accessories Market by Type
9.4.5.4.2 Rest of Middle East and Africa Tumor Ablation Equipment And Accessories Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Tumor Ablation Equipment And Accessories Market Overview
9.5.2 South and Central America Tumor Ablation Equipment And Accessories Market Forecasts and Analysis
9.5.3 South and Central America Tumor Ablation Equipment And Accessories Market Forecasts and Analysis - By Type
9.5.4 South and Central America Tumor Ablation Equipment And Accessories Market Forecasts and Analysis - By Application
9.5.5 South and Central America Tumor Ablation Equipment And Accessories Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Tumor Ablation Equipment And Accessories Market
9.5.5.1.1 Brazil Tumor Ablation Equipment And Accessories Market by Type
9.5.5.1.2 Brazil Tumor Ablation Equipment And Accessories Market by Application
9.5.5.2 Argentina Tumor Ablation Equipment And Accessories Market
9.5.5.2.1 Argentina Tumor Ablation Equipment And Accessories Market by Type
9.5.5.2.2 Argentina Tumor Ablation Equipment And Accessories Market by Application
9.5.5.3 Rest of South and Central America Tumor Ablation Equipment And Accessories Market
9.5.5.3.1 Rest of South and Central America Tumor Ablation Equipment And Accessories Market by Type
9.5.5.3.2 Rest of South and Central America Tumor Ablation Equipment And Accessories Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. TUMOR ABLATION EQUIPMENT AND ACCESSORIES MARKET, KEY COMPANY PROFILES
11.1. MICRO TECH MEDICAL
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CANYON
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. NANJING ECO MICROWAVE
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. PURE MEDITECH SOLUTION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. MEDTRONIC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. MERMAID MEDICAL
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. TERUMO CORPORATION
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. ANGIODYNAMICS
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. ETHICON
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. APNI CORPORATION
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Micro Tech Medical
2.Canyon
3.Nanjing ECO Microwave
4.Pure Meditech Solution
5.Medtronic
6.Mermaid Medical
7.Terumo Corporation
8.AngioDynamics
9.Ethicon
10.Apni Corporation
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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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)