https://idataresearch.com/wp-content/uploads/2016/04/ReportIcon-PatientMonitoring-MS.jpg

Patient Monitoring Market Size, Share & COVID19 Impact Analysis | Europe | 2021-2027 | MedSuite | Includes: Multi-Parameter Vital Signs Monitoring, Wireless Ambulatory Telemetry Monitoring, Cardiac Output Monitoring, Electromyogram Monitoring, Electrocardiogram (ECG) Electrode, Electroencephalogram (EEG) Monitoring, Fetal & Neonatal Monitoring, Pulse Oximetry Monitoring, Telehealth, Intracranial Pressure Monitoring, Cerebral Oximetry Monitoring, and Blood Pressure Monitoring Devices

  • Year: 2021
  • Scope: 2017-2027
  • Region: Europe
  • Pages: 769
  • Published Date: 04/01/2021
  • Type: MedSuite

In 2021, the European patient monitoring market size is projected to reach €1.8 billion, with the Telehealth market demonstrating the highest growth. Despite COVID19, the EU market size is expected to increase over the forecast period and exceed €2.3 billion in 2027. Currently, over 25% of the European market is dominated by three key competitors – Philips Healthcare, Medtronic, and Tunstall.

While most medical device markets have experienced declines, the COVID-19 outbreak has positively affected the European patient monitoring device market. As these devices are playing a crucial role to combat the pandemic and monitor patients, hospitals across Europe have been stockpiling patient monitors and monitoring accessories in anticipation of the COVID-19 situation worsening. Patient monitoring devices, including certain cardiac monitors, respiratory devices, and temperature monitoring devices, are facing a huge demand, owing to their immense usage in patient treatments.

European hospitals continue to be overwhelmed by new admissions of COVID-19 patients. According to a press release in October 2020 by the University Hospital of Liege, many COVID-positive nurses in Belgium continued to work in order to keep up with the rising numbers of cases in the country. Italy’s Lazio region, which includes the capital, became the third region in the country to institute a curfew in October in an effort to contain the dramatically rising COVID-19 cases. With countries continuing to record high numbers of COVID-19 cases, this research estimates the pressure on healthcare services and projects market changes for the next 6 years.

COVID19 Impact on the Patient Monitoring Market in Europe

Due to COVID19, the European Patient Monitoring market saw a moderate growth rate of 8% in 2020 from a valuation of €1.7 billion in 2019. This market analysis shows that the EU market is expected to decline in 2021 but start gaining its growth momentum in early 2023.

The COVID-19 outbreak has created an immense pressure on existing healthcare facilities in Europe, necessitating the employment of technologies that allow patients to contact their doctors from distant locations. Moreover, since healthcare facilities are focused on dealing with COVID-19 patients, treatments for other diseases have taken a backseat. In this context, telehealth technologies have enabled medical professionals to ensure that patients with chronic and other serious conditions are provided with necessary medical care during the pandemic.

Europe Patient Monitoring Market Share Insights

Out of 96+ patient monitoring companies analyzed, the European market share is dominated by three key players – Philips Healthcare, Medtronic, and Tunstall.

Top Europe Patient Monitoring Companies

Philips Healthcare is the leading competitor in the European patient monitoring equipment market, competing within the multi-parameter vital signs, wireless ambulatory telemetry, telehealth, fetal and neonatal monitoring, and pulse oximetry markets. The company will continue to grow in the European market through ongoing acquisitions and product innovations. For instance, in April 2020, the company released its Rapid Equipment Deployment Kit for intensive care unit (ICU) ramp-ups, allowing doctors, nurses, technicians, and hospital staff to quickly support critical care patient monitoring capabilities during the COVID-19 pandemic.

Medtronic holds the second-largest share of the total European patient monitoring equipment market, competing in the telehealth, ICP, cerebral oximetry, and pulse oximetry monitoring markets. The company’s Reveal LINQ™ implantable cardiac monitor and associated MyCareLink™ remote patient monitor have seen success and will continue to bolster its presence within the Cardiac Implantable Electronic Device (CIED) segment in Europe, especially during the COVID19 pandemic.

Tunstall emerged as the third-leading competitor in the EU market. The company has pioneered the use of telehealth technology to enable independent living, supporting more than five million people and their families across the world. The Lifeline Smart Hub is the company’s first intellectual property (IP) home unit, which uses a cloud-based system to connect all its telehealth solutions together into one home unit.

Market Segmentation Summary

While this report suite contains all patient monitoring market data, each of the markets is also available as a stand-alone report, MedCore. This allows you to get access to only the patient monitoring market research that you need.

  • Multi-Parameter Vital Signs Monitoring Market | Europe| 2021-2027 | MedCore – The market analysis is further broken down into segments by:
    • Device Type: High-Acuity Monitors, Mid-Acuity Monitors, Low-Acuity Monitors, and Central Station Monitors.
  • Wireless Ambulatory Telemetry Monitoring Market | Europe | 2021-2027 | MedCore – The chapter contains the market analysis which is categorized by:
    • Device Type: Patient-Worn Monitors, and Wireless Ambulatory Telemetry Central Stations.
  • Cardiac Output Monitoring Market | Europe | 2021-2027 | MedCore – The market is further broken down by:
    • Device Type: Invasive Cardiac Monitoring, Minimally Invasive Cardiac Monitoring, and Non-Invasive Cardiac Monitoring.
  • Electromyogram Monitoring (EMG) Market | Europe | 2021-2027 | MedCore – The market analysis is further broken down by:
    • Device Type: EMG Monitors, and EMG Consumables.
  • Electrocardiogram (ECG) Electrode Market | Europe | 2021-2027 | MedCore – The market is further segmented by:
    • Device Type: Long-Term ECG Electrodes, Resting ECG Electrode, Short-Term ECG Electrode, Stress Testing ECG Electrode, and Neonatal ECG Electrode.
  • Electroencephalogram (EEG) Monitoring Market | Europe | 2021-2027 | MedCore – The market is further broken down by:
    • Device Type: Clinical EEG Monitors, Long-Term EEG Monitors, ICU EEG Monitors, and EEG Electrodes.
  • Fetal & Neonatal Monitoring Market | Europe | 2021-2027 | MedCore – The market is segmented by:
    • Device Type: Fetal Monitors and Neonatal Monitors.
  • Pulse Oximetry Monitoring Market | Europe | 2021-2027 | MedCore – The market analysis is segmented by:
    • Device Type: Pulse Oximetry Monitoring, Pulse Oximetry Monitoring Sensor, and OEM Circuit Board.
  • Telehealth Market | Europe | 2021-2027 | MedCore – The market is further broken down by:
    • Device Type: Disease Conditions Management, and Cardiac Implantable Electronic Devices.
  • Intracranial Pressure Monitoring Market | Europe | 2021-2027 | MedCore – The market analysis is further broken down into segments by:
    • Device Type: Cardiac Implantable Electronic Device, Advanced ICP Monitoring, and Universal ICP Disposables.
  • Cerebral Oximetry Monitoring Market | Europe | 2021-2027 | MedCore – The market is further broken down by:
    • Device Type: Cerebral Oximetry Monitors, and Cerebral Oximetry Sensors.
  • Blood Pressure Monitoring Market | Europe | 2021-2027 | MedCore – The market analysis includes Personal and Professional Blood Pressure Monitoring Devices.

Research Scope Summary

Report Attribute Details
Regions Germany, France, U.K., Italy, Spain, Benelux (Belgium, Netherlands, and Luxembourg), Scandinavia (Norway, Finland, Sweden, and Denmark), Switzerland, Austria, Portugal.
Base Year 2020
Forecast 2021-2027
Historical Data 2017-2020
Quantitative Coverage Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.
Qualitative Coverage COVID19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Clinical Trials, Disease Overviews.
Data Sources Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database.

Top European Patient Monitoring Companies Analyzed

  • Atys Medical
  • B. Braun
  • Beurer
  • Biolight
  • Bionen
  • Bionet
  • BMA Solutions
  • BodyTel
  • Bosch + Sohn GmbH
  • Cardinal Health
  • Cardioline
  • Carewell
  • Ceracarta
  • Charter Kontron
  • ChoiceMMed
  • CNSystems
  • Comen
  • Comepa
  • Compumedics
  • Conmed
  • Contec Medical
  • Criticare Systems
  • Daray Medical
  • Deltex Medical
  • DIXION
  • Dormo
  • Dr. Langer Medical GmbH
  • EBNeuro
  • Edan Instruments
  • EGI
  • Elmiko
  • EMS Biomedical
  • Erka
  • Fukuda Denshi
  • Geratherm Medical
  • Gymna
  • Heyer Medical AG
  • Holtex
  • Honeywell Life Sciences
  • Huntleigh
  • ICU Medical
  • Infinium Medical
  • Inomed
  • Intelesens
  • Intersurgical Electrodes
  • Ivy Biomedical
  • Laerdal Global Health
  • Lanaform
  • Lessa
  • LifeWatch AG
  • LivaNova
  • Mediana
  • Medifit Instruments Ltd
  • MEDISANA GmbH
  • Medisanté AG
  • Meditrace
  • Medlab GmbH
  • Medline
  • Mennen
  • Micromed S.p.A.
  • Mortara
  • Neuroelectrics
  • Neurosign Surgical
  • Neurowerk
  • Nonin
  • Noraxon
  • Osypka Medical
  • Penlon
  • PhysioFLow
  • Pirrone
  • Progetti Medical
  • Promed Medical
  • Prothia
  • Rinicare Ltd
  • RGB Medical
  • Rudolf Riester
  • Schiller
  • SEI EMG S.r.l
  • Shimmer
  • Siemens
  • Smiths Medical
  • Spacelabs Healthcare
  • Spengler
  • Spes Medica
  • Sophysa
  • Spiegelberg
  • Technomed
  • Tecno-Gas S.p.A
  • Teleflex
  • Telic
  • Tenko
  • USCOM
  • Versalab
  • Vytech
  • Wallach
  • Welch Allyn
  • Zoe Medical Inc

CONTACT US FOR ADDITIONAL INFORMATION

For full segmentation and any questions regarding research coverage, please contact us for a complimentary demo of the full report.

For a Full Table of Contents, Please Contact iData Research.

European Patient Monitoring Equipment Market

TABLE OF CONTENTS I
LIST OF FIGURES XIII
LIST OF CHARTS XXXIX
EXECUTIVE SUMMARY 1
EUROPEAN PATIENT MONITORING EQUIPMENT MARKET OVERVIEW 1
COMPETITIVE ANALYSIS 4
MARKET TRENDS 7
MARKET DEVELOPMENTS 10
MARKETS INCLUDED 12
KEY REPORT UPDATES 14
VERSION HISTORY 14
RESEARCH METHODOLOGY 15
Step 1: Project Initiation & Team Selection 15
Step 2: Prepare Data Systems and Perform Secondary Research 18
Step 3: Preparation for Interviews & Questionnaire Design 20
Step 4: Performing Primary Research 21
Step 5: Research Analysis: Establishing Baseline Estimates 23
Step 6: Market Forecast and Analysis 24
Step 7: Identify Strategic Opportunities 26
Step 8: Final Review and Market Release 27
Step 9: Customer Feedback and Market Monitoring 28

IMPACT OF COVID-19 ON THE EUROPEAN PATIENT MONITORING EQUIPMENT MARKET

2.1 INTRODUCTION 29
2.2 COUNTRY PROFILES 32
2.3 ANALYSIS BY MARKET SEGMENT 33
2.3.1 Best Case Scenario 33
2.3.2 Base Case Scenario 35
2.3.3 Worst Case Scenario 37

PRODUCT ASSESSMENT

3.1 INTRODUCTION 40
3.2 HOSPITAL SETTINGS 40
3.3 PRODUCT PORTFOLIOS 42
3.3.1 Blood Pressure Monitoring 42
3.3.2 Cardiac Output Monitoring 45
3.3.2.1 Pulmonary Artery Catheter 45
3.3.2.2 Minimally and Non-Invasive Monitoring 45
3.3.3 Cerebral Oximetry Monitoring 48
3.3.4 Electroencephalogram Monitoring (EEG) 49
3.3.5 Electromyogram Monitoring (EMG) 51
3.3.6 Fetal and Neonatal Monitoring 53
3.3.6.1 Fetal Monitoring 53
3.3.6.2 Neonatal Monitoring 53
3.3.7 Intracranial Pressure Monitoring (ICP) 55
3.3.8 Multi-Parameter Vital Signs Monitoring 56
3.3.9 Pulse Oximetry Monitoring 60
3.3.10 Telehealth 62
3.3.10.1 Telehealth Solutions 62
3.3.10.2 Cardiac Implantable Electronic Devices 62
3.3.11 Wireless Ambulatory Telemetry Monitoring 64
3.3.11.1 Wireless Ambulatory Telemetry Monitoring 64
3.3.11.2 Central Stations 64
3.3.11.3 System Infrastructure 64
3.3.12 Electrocardiogram Monitoring (ECG) 68
3.3.12.1 Holter Monitoring 68
3.3.12.2 Stress Testing 68
3.4 REGULATORY ISSUES AND RECALLS 70
3.4.1 Boston Scientific 70
3.4.2 Edwards Lifesciences 71
3.4.3 GE Healthcare 72
3.4.4 ICU Medical 74
3.4.5 Medtronic 75
3.4.6 Mindray Medical 77
3.4.7 Nihon Kohden 78
3.4.8 Nonin Medical 78
3.4.9 Philips 79
3.4.10 Spacelabs Healthcare 81
3.4.11 Welch Allyn 82
3.5 CLINICAL TRIALS 84
3.5.1 Blood Pressure Monitoring 84
3.5.1.1 Omron Healthcare 84
3.5.1.2 Other Companies 85
3.5.2 Cardiac Output Monitoring 86
3.5.2.1 Edwards Lifesciences 86
3.5.3 Electroencephalogram Monitoring (EEG) 87
3.5.3.1 Medtronic 87
3.5.4 Fetal and Neonatal Monitoring 88
3.5.4.1 GE Healthcare 88
3.5.4.2 Medtronic 89
3.5.5 Intracranial Pressure Monitoring (ICP) 90
3.5.5.1 Other Companies 90
3.5.6 Pulse Oximetry Monitoring 91
3.5.6.1 Masimo 91
3.5.6.2 Medtronic 93
3.5.6.3 Other Companies 94
3.5.7 Telehealth 95
3.5.7.1 Edward Lifesciences 95
3.5.7.2 GE Healthcare 96
3.5.7.3 Medtronic 97
3.5.7.4 Other Companies 99

EUROPEAN PATIENT MONITORING EQUIPMENT MARKET OVERVIEW

4.1 INTRODUCTION 101
4.1.1 Monitoring Devices 101
4.1.2 Telehealth 102
4.2 CURRENCY EXCHANGE RATE 104
4.3 MARKET OVERVIEW 105
4.4 DRIVERS AND LIMITERS 112
4.4.1 Market Drivers 112
4.4.2 Market Limiters 114
4.5 COMPETITIVE MARKET SHARE ANALYSIS 117
4.6 MERGERS AND ACQUISITIONS 130
4.7 COMPANY PROFILES 132
4.7.1 Edward Lifesciences 132
4.7.2 GE Healthcare 133
4.7.3 Honeywell Life Sciences 134
4.7.4 Masimo 135
4.7.5 Medtronic 136
4.7.6 Mindray Medical 138
4.7.7 Natus Medical 139
4.7.8 Nihon Kohden 140
4.7.9 Omron Healthcare 141
4.7.10 Philips Healthcare 142
4.7.11 Spacelabs Healthcare 143
4.7.12 Welch Allyn 144
4.8 SWOT ANALYSIS 145
4.8.1 Edwards Lifesciences 146
4.8.2 GE Healthcare 147
4.8.3 Honeywell Life Sciences 148
4.8.4 Masimo 149
4.8.5 Medtronic 150
4.8.6 Mindray Medical 151
4.8.7 Natus Medical 152
4.8.8 Nihon Kohden 153
4.8.9 Omron Healthcare 154
4.8.10 Philips Healthcare 155
4.8.11 Spacelabs Healthcare 156
4.8.12 Welch Allyn 157

COUNTRY PROFILES

5.1 INTRODUCTION 158
5.1.1 Population 158
5.1.2 GDP Per Capita 158
5.1.3 Price Index 158
5.2 GERMANY 159
5.3 FRANCE 160
5.4 UNITED KINGDOM 161
5.5 ITALY 162
5.6 SPAIN 163
5.7 BENELUX 164
5.8 SCANDINAVIA 165
5.9 AUSTRIA 166
5.10 SWITZERLAND 167
5.11 PORTUGAL 168

MULTI-PARAMETER VITAL SIGNS MONITORING MARKET

6.1 INTRODUCTION 169
6.1.1 The Evolution of Multi-Parameter Patient Monitoring 171
6.2 MARKET OVERVIEW 173
6.3 MARKET ANALYSIS AND FORECAST 177
6.3.1 High-Acuity Monitoring Market 177
6.3.2 Mid-Acuity Monitoring Market 184
6.3.3 Low-Acuity Monitoring Market 191
6.3.4 Central Station Monitoring Market 198
6.4 DRIVERS AND LIMITERS 205
6.4.1 Market Drivers 205
6.4.2 Market Limiters 206
6.5 COMPETITIVE MARKET SHARE ANALYSIS 207

WIRELESS AMBULATORY TELEMETRY MONITORING MARKET

7.1 INTRODUCTION 213
7.1.1 Wireless Ambulatory Telemetry Monitors 213
7.1.2 Central Stations 213
7.1.3 System Infrastructure 214
7.2 MARKET OVERVIEW 215
7.3 MARKET ANALYSIS AND FORECAST 219
7.3.1 Total Patient-Worn Monitor Market 219
7.3.1.1 Hospital Patient-Worn Monitor Market 228
7.3.1.2 Alternate Care Patient-Worn Monitor Market 234
7.3.2 Wireless Ambulatory Telemetry Central Station Market 240
7.4 DRIVERS AND LIMITERS 247
7.4.1 Market Drivers 247
7.4.2 Market Limiters 248
7.5 COMPETITIVE MARKET SHARE ANALYSIS 250

CARDIAC OUTPUT MONITORING MARKET

8.1 INTRODUCTION 256
8.1.1 The Fick Principle 256
8.1.2 Dilution Methods 257
8.1.3 Doppler Ultrasound Methods 257
8.1.4 Pulse Pressure Methods 258
8.1.5 Other Methods 258
8.2 MARKET OVERVIEW 259
8.3 MARKET ANALYSIS AND FORECAST 263
8.3.1 Total Invasive Cardiac Monitoring Market 263
8.3.1.1 Invasive Cardiac Output Monitor Market 266
8.3.1.2 Pulmonary Artery Catheter Market 272
8.3.2 Total Minimally Invasive Cardiac Monitoring Market 278
8.3.2.1 Minimally Invasive Cardiac Output Monitor Market 281
8.3.2.2 Minimally Invasive Cardiac Output Sensor Market 287
8.3.3 Total Non-Invasive Cardiac Monitoring Market 293
8.3.3.1 Non-Invasive Cardiac Output Monitor Market 296
8.3.3.2 Non-Invasive Cardiac Output Sensor Market 302
8.4 DRIVERS AND LIMITERS 308
8.4.1 Market Drivers 308
8.4.2 Market Limiters 309
8.5 COMPETITIVE MARKET SHARE ANALYSIS 310

ELECTROMYOGRAM MONITORING MARKET

9.1 INTRODUCTION 315
9.1.1 Neuropathy 315
9.1.2 Myopathy 316
9.1.3 Applications 316
9.1.4 Complications 316
9.2 MARKET OVERVIEW 317
9.3 MARKET ANALYSIS AND FORECAST 320
9.3.1 Electromyograph Monitor Market 320
9.3.2 Total Electromyograph Consumables Market 327
9.3.2.1 Electromyogram Concentric Needle Market 336
9.3.2.2 Monopolar Needle Market 342
9.3.2.3 Electromyogram Surface Electrode Market 348
9.4 DRIVERS AND LIMITERS 355
9.4.1 Market Drivers 355
9.4.2 Market Limiters 355
9.5 COMPETITIVE MARKET SHARE ANALYSIS 357

ELECTROENCEPHALOGRAM MONITORING MARKET

10.1 INTRODUCTION 361
10.1.1 Epileptic Seizures 361
10.1.2 Psychogenic Non-Epileptic Seizures 362
10.1.3 Applications 362
10.2 MARKET OVERVIEW 364
10.3 MARKET ANALYSIS AND FORECAST 367
10.3.1 Clinical EEG Monitor Market 367
10.3.2 Long-Term EEG Monitor Market 374
10.3.3 ICU EEG Monitor Market 381
10.3.4 Total EEG Electrode Market 388
10.3.4.1 Disposable EEG Electrode Market 396
10.3.4.2 Reusable EEG Electrode Market 402
10.4 DRIVERS AND LIMITERS 408
10.4.1 Market Drivers 408
10.4.2 Market Limiters 409
10.5 COMPETITIVE MARKET SHARE ANALYSIS 411

ELECTROCARDIOGRAPHY ELECTRODE MARKET

11.1 INTRODUCTION 415
11.2 MARKET OVERVIEW 418
11.3 MARKET ANALYSIS AND FORECAST 421
11.3.1 Total ECG Electrode Market 421
11.3.2 Long-Term ECG Electrode Market 428
11.3.3 Resting ECG Electrode Market 435
11.3.4 Short-Term ECG Electrode Market 442
11.3.5 Stress Testing ECG Electrode Market 449
11.3.6 Neonatal ECG Electrode Market 456
11.4 DRIVERS AND LIMITERS 463
11.4.1 Market Drivers 463
11.4.2 Market Limiters 464
11.5 COMPETITIVE MARKET SHARE ANALYSIS 467

FETAL AND NEONATAL MONITORING MARKET

12.1 INTRODUCTION 473
12.1.1 Fetal Monitoring 473
12.1.2 Neonatal Monitoring 474
12.1.3 Invasive and Non-Invasive Monitoring 474
12.2 MARKET OVERVIEW 475
12.3 MARKET ANALYSIS AND FORECAST 478
12.3.1 Fetal Monitoring Market 478
12.3.2 Neonatal Monitoring Market 485
12.4 DRIVERS AND LIMITERS 492
12.4.1 Market Drivers 492
12.4.2 Market Limiters 493
12.5 COMPETITIVE MARKET SHARE ANALYSIS 495

Top European Patient Monitoring Companies Analyzed

  • Atys Medical
  • B. Braun
  • Beurer
  • Biolight
  • Bionen
  • Bionet
  • BMA Solutions
  • BodyTel
  • Bosch + Sohn GmbH
  • Cardinal Health
  • Cardioline
  • Carewell
  • Ceracarta
  • Charter Kontron
  • ChoiceMMed
  • CNSystems
  • Comen
  • Comepa
  • Compumedics
  • Conmed
  • Contec Medical
  • Criticare Systems
  • Daray Medical
  • Deltex Medical
  • DIXION
  • Dormo
  • Dr. Langer Medical GmbH
  • EBNeuro
  • Edan Instruments
  • EGI
  • Elmiko
  • EMS Biomedical
  • Erka
  • Fukuda Denshi
  • Geratherm Medical
  • Gymna
  • Heyer Medical AG
  • Holtex
  • Honeywell Life Sciences
  • Huntleigh
  • ICU Medical
  • Infinium Medical
  • Inomed
  • Intelesens
  • Intersurgical Electrodes
  • Ivy Biomedical
  • Laerdal Global Health
  • Lanaform
  • Lessa
  • LifeWatch AG
  • LivaNova
  • Mediana
  • Medifit Instruments Ltd
  • MEDISANA GmbH
  • Medisanté AG
  • Meditrace
  • Medlab GmbH
  • Medline
  • Mennen
  • Micromed S.p.A.
  • Mortara
  • Neuroelectrics
  • Neurosign Surgical
  • Neurowerk
  • Nonin
  • Noraxon
  • Osypka Medical
  • Penlon
  • PhysioFLow
  • Pirrone
  • Progetti Medical
  • Promed Medical
  • Prothia
  • Rinicare Ltd
  • RGB Medical
  • Rudolf Riester
  • Schiller
  • SEI EMG S.r.l
  • Shimmer
  • Siemens
  • Smiths Medical
  • Spacelabs Healthcare
  • Spengler
  • Spes Medica
  • Sophysa
  • Spiegelberg
  • Technomed
  • Tecno-Gas S.p.A
  • Teleflex
  • Telic
  • Tenko
  • USCOM
  • Versalab
  • Vytech
  • Wallach
  • Welch Allyn
  • Zoe Medical Inc

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