Laparoscopic Devices Market Analysis, Size, Trends | United States | 2020-2026 | MedSuite

Laparoscopic Devices Market Analysis, Size, Trends | United States | 2020-2026 | MedSuite

0

  • Year: 2020
  • Scope: 2016-2026
  • Region: United States
  • Published Date: 03/13/2020
  • Pages: 308
  • Type: MedSuite

By 2020, the U.S. laparoscopic devices market size was valued at $4.4 billion, and there were around 2.7 million laparoscopic procedures performed. The market value is expected to increase at a growth rate of 3.4% to reach $5.6 billion in 2026.

Throughout this medical market research, we analyzed 38 laparoscopic device companies across the United States and used our comprehensive methodology to understand the market sizes, unit sales, company market shares, and to create accurate forecasts.

While this MedSuite report contains all the US Laparoscopy Devices market analysis and data, each of the market segments is also available as stand-alone MedCore reports. This allows you to get access to only the market research that you need.

DATA TYPES INCLUDED

  • Unit Sales, Average Selling Prices, Market Value & Growth Trends
  • Forecasts Until 2026, and Historical Data to 2016
  • Market Drivers & Limiters for Each Laparoscopy Devices market segment
  • Competitive Analysis with Market Shares for Each Segment
  • Recent Mergers & Acquisitions
  • Laparoscopic Procedure Volumes
  • Disease Overviews and Demographic Information
  • Company Profiles, Product Portfolios and SWOT for Top Competitors
  • Related Press Releases from Top Competitors

Market Value and Industry Trends

The total market will continue to benefit from stable growth in laparoscopic procedures performed. However, the continuing adoption of robotic-assisted minimally invasive surgeries is expected to partially offset growth across the market, primarily affecting high-volume general and laparoscopic procedures, including but not limited to, cholecystectomy, hernia repair, colorectal procedures and urological and gynecological applications, primarily prostatectomy and hysterectomy.

Laparoscopic Devices Market Value Growth by Segment, U.S., 2016 - 2020

The development of imaging technology is one of the key drivers in the laparoscope market. Stryker offers the SPY Fluorescent technology combined with laparoscopes to provide improved customization and visualization. Olympus, a leading competitor in the video laparoscope market, offers the ENDOEYE® FLEX laparoscope with 3D-imaging capability combined with articulation.

The closure device market, the largest segment of the total laparoscopy device market, is expected to grow at a strong single-digit growth rate over the forecast period. Laparoscopic staplers and automated suturing devices are expected to drive growth in the market. This segment is expected to be limited by the increasing robotic-assisted procedures.

Competitive Analysis

US Laparoscopic Device Market LeadersMedtronic and Ethicon led the U.S. laparoscopy device market by 2020, capturing the strong majority of the total market share. Both of these laparoscopy device companies have diverse product portfolios and dominant shares of the largest portions of the total market, including the closure device, direct energy and ultrasonic markets.

Olympus, Applied Medical, Stryker and Karl Storz each held modest shares of the total laparoscopy devices market. Olympus had a strong presence in the laparoscope segment, also competing in the suction-irrigation, insufflation, direct energy and ultrasonic segments, as well as the powered morcellator market. Applied Medical dominated the access device and hand-assisted laparoscopic sleeve markets, also holding notable shares of the hand instrument, insufflation and closure device markets.

Stryker dominated the suction-irrigation market, held a leading share in the insufflation device market and was the leading competitor in the laparoscope market, while also competing in the hand instrument segment. Karl Storz led the hand instrument market and was the third-leading competitor in the laparoscope market.

Detailed Market Segmentation

  • Laparoscopic Procedure VolumesMedPro – The complete procedural analysis of the US Laparoscopy Device market, which includes Gastric Band, Gastric Balloons, Gastric Bypass, Sleeve Gastrectomy, Anti-Reflux, Colectomy, and Cholecystectomy procedures.
  • Laparoscope Market – MedCore – The market is further broken down into Rod Lens Laparoscope, Video Laparoscope, and Lens Antifog Solution market segments.
  • Access Device Market – MedCore – The market consists of the segments, such as Trocars, Single Port Access Devices, and Robotic Trocars.
  • Hand Instrument Market – MedCore – The analysis is comprised of Reusable, Disposable, Reposable, and Articulating hand instruments.
  • Insufflation Device Market – MedCore – The market is comprised of the markets for Insufflators, Insufflator Tubing, and Veress Needles.
  • Suction-Irrigation Market – MedCore – The market is broken down by device types, such as Disposable Kit, Reusable Tip, and Suction-Irrigation Pump.
  • Direct Energy Market – MedCore – In-depth analysis of the Direct Energy market. The chapter includes market segments, such as the Monopolar market, Bipolar market, Electrosurgical Generator market and Robotic Energy Instruments market.
  • Ultrasonic Device Market – MedCore – The market is comprised of the markets for Ultrasonic Instruments and Ultrasonic Generators.
  • Hand-Assisted Laparoscopic Sleeve Market – MedCore – In-depth analysis of the Hand-Assisted Laparoscopic Sleeve market.
  • Closure Device Market Market – MedCore – The chapter is further broken down to Laparoscopic Stapler, Endosuturing Device, Clip Applier and Robotic Stapling Instruments market segments.
  • Gastric Device Market – MedCore – The market consists of the markets for Gastric Bands and Gastric Balloons.
  • Powered Morcellator Device Market – MedCore – The market consists of the segments, such as Reusable, Disposable, and Reposable Powered Morcellators.

DON’T SEE THE SEGMENT OR DATA YOU NEED?

Feel free to contact us or send a request by pressing one of the buttons below

TABLE OF CONTENTS FOR THE US LAPAROSCOPY DEVICES REPORT SUITE

TABLE OF CONTENTS I
LIST OF FIGURES XIV
LIST OF CHARTS XXIII
EXECUTIVE SUMMARY 1
U.S. LAPAROSCOPY DEVICES MARKET OVERVIEW 1
COMPETITIVE ANALYSIS 4
MARKET TRENDS 7
MARKET DEVELOPMENTS 9
PROCEDURE NUMBERS 12
PROCEDURE CODES INVESTIGATED 14
MARKETS INCLUDED 15
KEY REPORT UPDATES 18
VERSION HISTORY 19

RESEARCH METHODOLOGY


Step 1: Project Initiation & Team Selection 20
Step 2: Prepare Data Systems and Perform Secondary Research 23
Step 3: Preparation for Interviews & Questionnaire Design 25
Step 4: Performing Primary Research 26
Step 5: Research Analysis: Establishing Baseline Estimates 28
Step 6: Market Forecast and Analysis 29
Step 7: Identify Strategic Opportunities 31
Step 8: Final Review and Market Release 32
Step 9: Customer Feedback and Market Monitoring 33

DISEASE OVERVIEW 34

2.1 INTRODUCTION 34
2.2 DISEASE TREATMENTS AND DIAGNOSTICS 34
2.2.1 Gynecological Conditions 34
2.2.1.1 Gynecological Cancers 34
2.2.1.2 Uterine Fibroids 35
2.2.1.3 Endometriosis 36
2.2.1.4 Menorrhagia 36
2.2.1.5 Pelvic Prolapse 37
2.2.1.6 Ectopic Pregnancy 38
2.2.1.7 Indication for Hysterectomy 38
2.2.2 Digestive Tract Conditions 40
2.2.2.1 Stomach Cancer 40
2.2.2.2 Hernia 40
2.2.2.3 Gallbladder Attack 41
2.2.2.4 Obesity 41
2.2.3 Colorectal Conditions 42
2.2.3.1 Colorectal Cancer 42
2.2.3.2 Inflammatory Bowel Disease 42
2.2.3.3 Diverticulitis 43
2.3 PATIENT DEMOGRAPHICS 44
2.3.1 Gynecological Conditions 44
2.3.1.1 Gynecological Cancer 44
2.3.1.2 Uterine Fibroids 44
2.3.1.3 Endometriosis 44
2.3.1.4 Menorrhagia 45
2.3.1.5 Pelvic Prolapse 45
2.3.1.6 Ectopic Pregnancy 45
2.3.1.7 Hysterectomy 46
2.3.2 Digestive Tract Conditions 46
2.3.2.1 Stomach Cancer 46
2.3.2.2 Hernia 46
2.3.2.3 Gallbladder Attack 46
2.3.2.4 Obesity 47
2.3.3 Colorectal Conditions 47
2.3.3.1 Colorectal Cancer 47
2.3.3.2 Inflammatory Bowel Disease 48
2.3.3.3 Diverticulitis 48

PRODUCT ASSESSMENT

3.1 INTRODUCTION 49
3.1.1 Access Devices 49
3.1.1.1 Introduction 49
3.1.1.2 Product Portfolio 51
3.1.2 Closure Devices 53
3.1.2.1 Introduction 53
3.1.2.2 Product Portfolio 53
3.1.3 Direct Energy Devices 56
3.1.3.1 Introduction 56
3.1.3.2 Product Portfolio 57
3.1.4 Gastric Balloons 60
3.1.4.1 Introduction 60
3.1.4.2 Product Portfolio 60
3.1.5 Gastric Bands 61
3.1.5.1 Introduction 61
3.1.5.2 Product Portfolio 61
3.1.6 Hand-Assisted Laparoscopic Sleeve 62
3.1.6.1 Introduction 62
3.1.6.2 Product Portfolio 62
3.1.7 Hand Instruments 63
3.1.7.1 Introduction 63
3.1.7.2 Product Portfolio 64
3.1.8 Insufflation Devices 66
3.1.8.1 Introduction 66
3.1.8.2 Product Portfolio 66
3.1.9 Laparoscopes 68
3.1.9.1 Introduction 68
3.1.9.2 Product Portfolio 69
3.1.10 Powered Morcellator Devices 70
3.1.10.1 Introduction 70
3.1.10.2 Product Portfolio 71
3.1.11 Suction-irrigation Devices 72
3.1.11.1 Introduction 72
3.1.11.2 Product Portfolio 72
3.1.12 Ultrasonic Devices 74
3.1.12.1 Introduction 74
3.1.12.2 Product Portfolio 74
3.2 REGULATORY ISSUES AND RECALLS 75
3.2.1 Applied Medical 75
3.2.2 Apollo Endosurgery 76
3.2.3 Bovie Medical 76
3.2.4 CONMED 77
3.2.5 Ethicon 77
3.2.6 Karl Storz 80
3.2.7 Medtronic 81
3.2.8 Microline Surgical 81
3.2.9 ReShape Medical 82
3.2.10 Richard Wolf 83
3.2.11 Stryker 83
3.2.12 Teleflex 84
3.2.1 Others 85
3.3 CLINICAL TRIALS 87
3.3.1 Apollo Endosurgery 87
3.3.2 Alesi Surgical 88
3.3.3 ARKSurgical 89
3.3.4 CONMED 89
3.3.1 Ethicon 91
3.3.2 Intuitive Surgical 92
3.3.3 Medtronic 93
3.3.1 Olympus 95
3.3.2 Others 95

U.S. LAPAROSCOPIC DEVICE MARKET OVERVIEW

4.1 INTRODUCTION 98
4.2 MARKET OVERVIEW 100
4.3 TREND ANALYSIS BY SEGMENT 107
4.4 DRIVERS AND LIMITERS 111
4.4.1 Market Drivers 111
4.4.2 Market Limiters 114
4.5 COMPETITIVE MARKET SHARE ANALYSIS 119
4.6 MERGERS AND ACQUISITIONS 126
4.7 COMPANY PROFILES 129
4.7.1 Apollo Endosurgery 129
4.7.2 B. Braun 130
4.7.3 Becton Dickinson 131
4.7.4 CONMED 132
4.7.5 Ethicon (J&J) 133
4.7.6 Karl Storz 134
4.7.7 LiNA Medical 135
4.7.8 Medtronic 136
4.7.9 Olympus 137
4.7.10 Richard Wolf 138
4.7.11 ReShape Lifesciences Inc 139
4.7.12 Stryker 140
4.8 SWOT ANALYSIS 141
4.8.1 B. Braun 141
4.8.2 Becton Dickinson 142
4.8.3 CONMED 143
4.8.4 Ethicon (J&J) 144
4.8.5 Karl Storz 145
4.8.6 Medtronic 146
4.8.7 Olympus 147
4.8.8 ReShape Lifesciences 148
4.8.9 Stryker 149

PROCEDURE NUMBERS

5.1 INTRODUCTION 150
5.2 PROCEDURE NUMBER OVERVIEW 152
5.2.1 Procedures Numbers by Approach 152
5.2.1.1 Open and Laparoscopic Procedures 153
5.2.1.2 Laparoscopic Procedures by Indication 155
5.2.1.3 Open Procedures by Indication 158
5.3 LAPAROSCOPIC PROCEDURES 161
5.3.1 Gastric Band Procedures 162
5.3.1.1 Gastric Band Procedures by Placement/Removal 163
5.3.1.2 Inpatient Gastric Band Procedures by Placement/Removal 165
5.3.1.3 Outpatient Gastric Band Procedures by Placement/Removal 167
5.3.2 Gastric Balloon Procedures 169
5.3.3 Gastric Bypass Procedures 171
5.3.3.1 Gastric Bypass Procedures by Approach 172
5.3.3.2 Inpatient Gastric Bypass Procedures by Approach 174
5.3.3.3 Outpatient Gastric Bypass Procedures by Approach 176
5.3.4 Sleeve Gastrectomy Procedures 178
5.3.4.1 Sleeve Gastrectomy Procedures by Approach 179
5.3.4.2 Inpatient Sleeve Gastrectomy Procedures by Approach 181
5.3.4.3 Outpatient Sleeve Gastrectomy Procedures by Approach 183
5.3.5 Anti-Reflux Procedures 185
5.3.5.1 Anti-Reflux Procedures by Approach 186
5.3.5.2 Inpatient Anti-Reflux Procedures by Approach 188
5.3.5.3 Outpatient Anti-Reflux Procedures by Approach 190
5.3.6 Colectomy Procedures 192
5.3.6.1 Colectomy Procedures by Approach 193
5.3.6.2 Inpatient Colectomy Procedures by Approach 195
5.3.6.3 Outpatient Colectomy Procedures by Approach 197
5.3.7 Cholecystectomy Procedures 199
5.3.7.1 Cholecystectomy Procedures by Approach 200
5.3.7.2 Inpatient Cholecystectomy Procedures by Approach 202
5.3.7.3 Outpatient Cholecystectomy Procedures by Approach 204
5.3.8 Nephrectomy Procedures 206
5.3.8.1 Nephrectomy Procedures by Approach 207
5.3.8.2 Inpatient Nephrectomy Procedures by Approach 209
5.3.8.3 Outpatient Nephrectomy Procedures by Approach 211
5.3.9 Appendectomy Procedures 213
5.3.9.1 Appendectomy Procedures by Approach 214
5.3.9.2 Inpatient Appendectomy Procedures by Approach 216
5.3.9.3 Outpatient Appendectomy Procedures by Approach 218
5.3.10 Adrenalectomy Procedures 220
5.3.10.1 Adrenalectomy Procedures by Approach 221
5.3.10.2 Inpatient Adrenalectomy Procedures by Approach 223
5.3.10.3 Outpatient Adrenalectomy Procedures by Approach 225
5.3.11 Hernia Repair Procedures 227
5.3.11.1 Hernia Repair Procedures by Approach 229
5.3.11.2 Inpatient Hernia Repair Procedures by Approach 231
5.3.11.3 Outpatient Hernia Repair Procedures by Approach 233
5.3.12 Hysterectomy Procedures 235
5.3.12.1 Hysterectomy Procedures by Approach 236
5.3.12.2 Inpatient Hysterectomy Procedures by Approach 238
5.3.12.3 Outpatient Hysterectomy Procedures by Approach 240
5.3.13 Video-Assisted Thoracoscopic Surgery (VATS) 242
5.3.13.1 Video-Assisted Thoracoscopic Surgery (VATS) Procedures by Setting 243

LAPAROSCOPE MARKET

6.1 INTRODUCTION 245
6.2 MARKET OVERVIEW 247
6.3 MARKET ANALYSIS AND FORECAST 252
6.3.1 Rod Lens Laparoscope Market 252
6.3.1.1 Diagnostic Rod Lens Laparoscope Market 254
6.3.1.2 Operating Rod Lens Laparoscope Market 256
6.3.1.3 Rod Lens Laparoscope Market: Refurbished vs New 258
6.3.2 Video Laparoscope Market 261
6.3.3 Lens Antifog Solution Market 263
6.4 DRIVERS AND LIMITERS 266
6.4.1 Market Drivers 266
6.4.2 Market Limiters 267
6.5 COMPETITIVE MARKET SHARE ANALYSIS 270

ACCESS DEVICE MARKET

7.1 INTRODUCTION 274
7.2 MARKET OVERVIEW 275
7.3 MARKET ANALYSIS AND FORECAST 280
7.3.1 Total Trocar Market 280
7.3.1.1 Disposable Trocar Market 282
7.3.1.2 Reposable Trocar Market 284
7.3.1.3 Reusable Trocar Market 286
7.3.2 Single Port Access Device Market 288
7.4 DRIVERS AND LIMITERS 291
7.4.1 Market Drivers 291
7.4.2 Market Limiters 291
7.5 COMPETITIVE MARKET SHARE ANALYSIS 293

LAPAROSCOPIC HAND INSTRUMENT MARKET

8.1 INTRODUCTION 296
8.2 MARKET OVERVIEW 298
8.3 MARKET ANALYSIS AND FORECAST 306
8.3.1 Hand Instrument Market by Instrument Type 306
8.3.1.1 Reusable Hand Instrument Market 306
8.3.1.2 Disposable Hand Instrument Market 309
8.3.1.3 Reposable Hand Instrument Market 311
8.3.1.4 Articulating Hand Instrument Market 313
8.3.2 Hand Instrument Market by Device Function 316
8.3.2.1 Grasping Instrument Market 316
8.3.2.2 Cutting Instrument Market 318
8.4 DRIVERS AND LIMITERS 320
8.4.1 Market Drivers 320
8.4.2 Market Limiters 320
8.5 COMPETITIVE MARKET SHARE ANALYSIS 322

INSUFFLATION DEVICE MARKET

9.1 INTRODUCTION 327
9.2 MARKET OVERVIEW 328
9.3 MARKET ANALYSIS AND FORECAST 333
9.3.1 Insufflator Market 333
9.3.2 Total Insufflator Tubing Market 336
9.3.2.1 Standard Insufflator Tubing Market 338
9.3.2.2 Heated Insufflator Tubing Market 340
9.3.2.3 Smoke Evacuation Insufflator Tubing Market 342
9.3.3 Veress Needle Market 344
9.4 DRIVERS AND LIMITERS 346
9.4.1 Market Drivers 346
9.4.2 Market Limiters 347
9.5 COMPETITIVE MARKET SHARE ANALYSIS 349

SUCTION-IRRIGATION DEVICE MARKET

10.1 INTRODUCTION 353
10.2 MARKET OVERVIEW 354
10.3 MARKET ANALYSIS AND FORECAST 359
10.3.1 Total Disposable Kit Market 359
10.3.1.1 Battery-Powered Disposable Kit Market 361
10.3.1.2 Hybrid Disposable Kit Market 363
10.3.1.3 Capital Equipment Disposable Kit Market 365
10.3.2 Total Reusable Tip Market 367
10.3.2.1 Standard Reusable Tip Market 369
10.3.2.2 Electrocautery Reusable Tip Market 371
10.3.3 Suction-Irrigation Pump Market 373
10.4 DRIVERS AND LIMITERS 375
10.4.1 Market Drivers 375
10.4.2 Market Limiters 376
10.5 COMPETITIVE MARKET SHARE ANALYSIS 378

DIRECT ENERGY DEVICE MARKET

11.1 INTRODUCTION 381
11.2 MARKET OVERVIEW 382
11.3 MARKET ANALYSIS AND FORECAST 387
11.3.1 Total Monopolar Direct Energy Device Market
11.3.1.1 Monopolar Electrode Market 390
11.3.1.1.1 Disposable Monopolar Electrode Market 392
11.3.1.1.2 Reusable Monopolar Electrode Market 394
11.3.1.1.3 Patient Return Electrode Market 396
11.3.1.2 Monopolar Hand Device Market by Segment 399
11.3.1.2.1 Electrosurgical Pencil Market 401
11.3.1.2.2 Monopolar Instrument Market 403
11.3.2 Total Bipolar Direct Energy Device Market 405
11.3.2.1.1 Standard Bipolar Device Market 407
11.3.2.1.2 Advanced Bipolar Device Market 409
11.3.3 Electrosurgical Generator Market 411
11.4 DRIVERS AND LIMITERS 414
11.4.1 Market Drivers 414
11.4.2 Market Limiters 414
11.5 COMPETITIVE MARKET SHARE ANALYSIS 416
11.5.1 Monopolar Direct Energy Market 419
11.5.2 Bipolar Direct Energy Market 421

ULTRASONIC DEVICE MARKET

12.1 INTRODUCTION 423
12.2 MARKET OVERVIEW 425
12.3 MARKET ANALYSIS AND FORECAST 430
12.3.1 Total Ultrasonic Instrument Market 430
12.3.1.1 Reusable Ultrasonic Instrument Market 432
12.3.1.2 Reposable Ultrasonic Instrument Market 434
12.3.2 Ultrasonic Generator Market 437
12.4 DRIVERS AND LIMITERS 439
12.4.1 Market Drivers 439
12.4.2 Market Limiters 439
12.5 COMPETITIVE MARKET SHARE ANALYSIS 441

HAND-ASSISTED LAPAROSCOPIC SLEEVE MARKET

13.1 INTRODUCTION 444
13.2 MARKET ANALYSIS AND FORECAST 445
13.3 DRIVERS AND LIMITERS 447
13.3.1 Market Drivers 447
13.3.2 Market Limiters 447
13.4 COMPETITIVE MARKET SHARE ANALYSIS 449

CLOSURE DEVICE MARKET

14.1 INTRODUCTION 451
14.2 MARKET OVERVIEW 452
14.3 MARKET ANALYSIS AND FORECAST 457
14.3.1 Total Laparoscopic Stapler Market 457
14.3.1.1 Laparoscopic Stapler Firing Gun Market 460
14.3.1.2 Laparoscopic Stapler Cartridge Market 462
14.3.2 Total Endosuturing Device Market 464
14.3.2.1 Suture Market 467
14.3.2.2 Suture Needle Market 469
14.3.2.3 Laparoscopic Needle Holder Market 471
14.3.2.4 Automated Suturing Device Market 473
14.3.3 Total Clip Applier Market 476
14.3.3.1 5 mm Disposable Clip Applier Market 479
14.3.3.2 10 mm Disposable Clip Applier Market 481
14.3.3.3 10 mm Reposable Clip Applier Market 483
14.4 DRIVERS AND LIMITERS 485
14.4.1 Market Drivers 485
14.4.2 Market Limiters 486
14.5 COMPETITIVE MARKET SHARE ANALYSIS 488

GASTRIC DEVICE MARKET

15.1 INTRODUCTION 491
15.1.1 Population at Risk 492
15.2 MARKET OVERVIEW 493
15.3 MARKET ANALYSIS AND FORECAST 497
15.3.1 Gastric Band Market 497
15.3.2 Gastric Balloon Market 500
15.4 DRIVERS AND LIMITERS 503
15.4.1 Market Drivers 503
15.4.2 Market Limiters 503
15.5 COMPETITIVE MARKET SHARE ANALYSIS 505

POWERED MORCELLATOR MARKET

16.1 INTRODUCTION 509
16.2 MARKET OVERVIEW 511
16.3 MARKET ANALYSIS AND FORECAST 516
16.3.1 Total Powered Morcellator Market 516
16.3.2 Reusable Powered Morcellator Market 518
16.3.3 Disposable Powered Morcellator Market 520
16.3.4 Reposable Powered Morcellator Market 522
16.4 DRIVERS AND LIMITERS 524
16.4.1 Market Drivers 524
16.4.2 Market Limiters 524
16.5 COMPETITIVE MARKET SHARE ANALYSIS 526

APPENDIX

17.1 DISPOSABLE RETRIEVAL BAG MARKET 529
17.2 ROBOTIC-ASSISTED SURGERY 531
17.2.1 Intuitive Surgical: Key Events Timeline 531
17.2.2 Competitive Landscape: Open, MIS and Robotic-Assisted Approaches 534
17.2.3 Robotic Trocar Market 535
17.2.4 Robotic Energy-Based Instruments 538
17.2.5 Robotic Stapling Instruments 538

ABBREVIATIONS

The Laparoscopy Devices Market Report Suite | United States | 2016-2026 | MedSuite includes analysis on the following companies currently active in this market:

  • Apollo Endosurgery
  • Applied Medical
  • Arthrex
  • B. Braun
  • Becton Dickinson
  • Blue Endo
  • Bovie Medical
  • Cardinal Health
  • CONMED
  • Cooper Surgical
  • C. R. Bard
  • ERBE
  • Ethicon
  • Integra LifeSciences
  • Intuitive Surgical
  • Karl Storz
  • Kirwan Surgical Products
  • Lexington Medical
  • Lexion Medical
  • Lina Medical
  • Medtronic
  • Millennium Surgical
  • Northgate Technologies
  • Obalon Therapeutics
  • Olympus
  • OmniGuide
  • Promecon
  • Purple Surgical
  • ReShape Lifesciences
  • Richard Wolf
  • Smith & Nephew
  • Solos Endoscopy
  • Stryker
  • Surgical Innovations
  • Symmetry Surgical
  • Teleflex
  • Trinity Medical

iData’s 9-Step Research Methodology

Our reports follow an in-depth 9-step methodology which focuses on the following research systems:

  • Original primary research that consists of the most up-to-date market data
  • Strong foundation of quantitative and qualitative research
  • Focused on the needs and strategic challenges of the industry participants

Step 1: Project Initiation & Team Selection During this preliminary investigation, all staff members involved in the industry discusses the topic in detail.

Step 2: Prepare Data Systems and Perform Secondary Research The first task of the research team is to prepare for the data collection process: Filing systems and relational databases are developed as needed.

Step 3: Preparation for Interviews & Questionnaire Design The core of all iData research reports is primary market research. Interviews with industry insiders represent the single most reliable way to obtain accurate, current data about market conditions, trends, threats and opportunities.

Step 4: Performing Primary Research At this stage, interviews are performed using contacts and information acquired in the secondary research phase.

Step 5: Research Analysis: Establishing Baseline Estimates Following the completion of the primary research phase, the collected information must be synthesized into an accurate view of the market status. The most important question is the current state of the market.

Step 6: Market Forecast and Analysis iData Research uses a proprietary method to combine statistical data and opinions of industry experts to forecast future market values.

Step 7: Identify Strategic Opportunities iData analysts identify in broad terms why some companies are gaining or losing share within a given market segment.

Step 8: Final Review and Market Release An integral part of the iData research methodology is a built-in philosophy of quality control and continuing improvement is integral to the iData philosophy.

Step 9: Customer Feedback and Market Monitoring iData philosophy of continuous improvement requires that reports and consulting projects be monitored after release for customer feedback and market accuracy.

Click Here to Read More About Our Methodology


close-link
close-link

Subscribe to MedTech Market News - Get exclusive analyst articles, monthly newsletters and iData offers

close-link
close-link
close-link
close-link

close-link