image

Operating Room Integration Market Report Scope & Overview:

The Operating Room Integration Market size was estimated USD 2.07 billion in 2023 and is expected to reach USD 4.91 billion by 2031 at a CAGR of 11.4% during the forecast period of 2024-2031.

Operating Room Integration Market Revenue Analysis

MARKET DYNAMICS

Increasing demand for technologically sophisticated applications, an increase in the number of surgical operations, congestion in operating rooms (OR), patient safety concerns in OR, and a spike in desire for minimally invasive surgeries (MIS) are important drivers driving market expansion. A fall in the number of surgical operations resulted in a decrease in demand for the technologies and goods necessary for such procedures.

AI advancements can play a critical role in a comprehensive approach to addressing these backlogs, helping hospitals and surgical centres improve efficiency and reduce costs. Furthermore, the introduction of advanced imaging and diagnostic technologies for OR, rising government funding for OR infrastructure or hospital redevelopment projects, an increasing need to reduce healthcare expenditure, and an increase in investments in OR equipment are some of the factors driving market growth.

DRIVERS

  • Rising need for technologically advanced solutions.

The widespread use of modern technology in minimally invasive procedures, such as image guiding methods and endoscopic equipment, makes it a suitable application area for OR integration solutions. OR integration aids in the streamlining of these operations. surgical processes by facilitating smooth connections across diverse systems and ensuring the effective and more accessible operation of these systems, preferably from a single source.

RESTRAIN

  • Problems with interoperability.

OPPORTUNITY

  • Hospital technological advancements.

The increasing complexity of sophisticated procedures has compelled hospitals to invest in technological breakthroughs in the operating room. The use of hybrid operating rooms (ORs) outfitted with a mix of surgical tools and technology, such as integrated digital imaging diagnostics and surgical instruments with robotic 3D imaging, is also increasing. This trend is projected to continue in the next few years, with a rising number of hospitals concentrating on hybrid ORs, which will contribute to market growth.

CHALLENGES

  • There is a scarcity of experienced surgeons in integrated operating rooms.

IMPACT OF RUSSIAN UKRAINE WAR

Regulatory shifts and compliance issues Geopolitical developments might result in regulatory changes and tougher compliance standards. If the conflict alters trade policy, import/export rules, or medical device standards, it may raise the compliance burden for ORI producers and healthcare providers. This might result in product certification and approval delays, impeding market growth. Adoption and investment choices are being postponed. Healthcare institutions, particularly those in conflict-affected areas, may postpone or reevaluate their intentions to invest in ORI systems. In times of economic and political uncertainty, hospitals and healthcare providers may prioritise emergency needs above other vital areas. This might hinder ORI technology adoption and have an impact on market growth in impacted regions.

Migration of talent and knowledge Following the violence, skilled professionals, such as healthcare practitioners and technological specialists, may migrate from conflict-affected areas to more stable places. This talent transfer may result in a skilled labour shortage in the ORI market, hurting the deployment, training, and maintenance of ORI systems in healthcare institutions.

IMPACT OF ONGOING RECESSION

Cost-effective decision-making Cost-conscious decision-making becomes increasingly widespread in the healthcare industry during times of economic turmoil. Hospitals and healthcare facilities may prioritise initiatives that provide immediate cost savings or a short-term ROI. This may result in a diminished emphasis on ORI systems, as they are frequently viewed as long-term investments with advantages that are not always immediately apparent. Consolidation and competition Economic downturns can lead to healthcare industry consolidation when smaller hospitals combine with bigger systems or healthcare organisations. This consolidation may result in fewer purchasing organisations with stronger negotiating power, thereby increasing competition and pricing pressures on ORI providers.

KEY SEGMENTS

By Device Type

  • Audio Video Management System

  • Display System

  • Documentation Management System

By Application

  • General Surgery

  • Orthopedic Surgery

  • Neurosurgery

  • Others

By Component

  • Software

  • Services

By End-Use

  • Hospitals

  • Ambulatory Surgery Centers

Operating Room Integration Market Segmentation Analysis

REGIONAL COVERAGE

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

REGIONAL ANALYSES

North America led the market, accounting for more than 46.0% of total revenue in 2023. The growing desire for surgical automation explains the dominance. The rise in demand for efficient healthcare services, an increase in the desire to cut healthcare spending, and successful EHR implementation by healthcare organisations are major reasons ascribed to market growth. Furthermore, the existence of established market competitors, technologically improved HCIT, and funding to upgrade OR infrastructure is driving market expansion.

The market for operating room integration in Asia Pacific is expected to grow at the fastest rate during the projected period. A growing pool of patient populations suffering from chronic illnesses requiring surgical treatments, an increase in demand for advanced medical equipment in hospitals, an increase in the number of MIS operations, and a rapidly expanding healthcare infrastructure are driving the market. The Indian government will launch the National Digital Health Mission, a comprehensive digital health ecosystem, in August 2020. Such measures can help boost overall industry growth.

Key Players

The Major Key players are Braiblab AG, Barco, Dragerwerk AG & Co. KGaA, Steris Plc., KARL STORZ SE & CO. KG, Olympus, Care Syntax, Arthrex, Inc., Stryker Corporation, Olympus Corporation, Getinge AB, ALVO Medical, Skytron, LLC and others.

Braiblab AG-Company Financial Analysis

Company Landscape Analysis

RECENT DEVELOPMENT

Karl Storz cooperated: In February 2023, Karl Storz cooperated with Asensu Surgical (US), developing next-generation equipment and aiming to commercialise Asensus' Intelligent Surgical Unit (ISU) as a standalone device.

Stryker: In February 2022, Stryker bought Vocera Communications (US). This purchase provides an innovative portfolio for Stryker's Medical business, bolstering the company's Advanced Digital Healthcare services and advancing Stryker's emphasis on reducing adverse events throughout the continuum of care.

Operating Room Integration Market report scope:
Report Attributes Details
Market Size in 2023  US$ 2.07 Bn
Market Size by 2031  US$ 4.91 Bn
CAGR   CAGR of 11.5 % From 2024 to 2031
Base Year 2023
Forecast Period  2024-2031
Historical Data  2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Device Type (Audio Video Management System, Display System, Documentation Management System)
• By Application (General Surgery, Orthopedic Surgery, Neurosurgery, Others)
• By Component (Software, Services)
• By End-Use (Hospitals, Ambulatory Surgery Centers)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles Braiblab AG, Barco, Dragerwerk AG & Co. KGaA, Steris Plc., KARL STORZ SE & CO. KG, Olympus, Care Syntax, Arthrex, Inc., Stryker Corporation, Olympus Corporation, Getinge AB, ALVO Medical, Skytron .LLC
Key Drivers • Rising need for technologically advanced solutions.
Market Opportunities • Hospital technological advancements.

 

Frequently Asked Questions

Ans: The Operating Room Integration market is anticipated to expand by 11.4% from 2024 to 2031.

Ans: The operating room integration market  is expected to grow USD 4.91 billion by 2031.

Ans: The major Key players are Steris, Getinge Ab, Barco, Merivaara, Stryker and emerging players are inclusive of Caresyntax.

Ans: Operating Room Integration size was valued at USD 2.07 billion in 2023.

Ans: The increasing number of minimally invasive procedures, financing to upgrade operating room (OR) infrastructure, and increased OR congestion are key drivers driving the operating room integration market's growth.

TABLE OF CONTENT

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 Impact of the Ukraine- Russia war
4.2 Impact of ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Operating Room Integration Market, By Device Application
8.1 Audio Video Management System
8.2 Display System
8.3 Documentation Management System

9. Operating Room Integration Market, By Application
9.1 General Surgery
9.2 Orthopedic Surgery
9.3 Neurosurgery
9.4 Others

10. Operating Room Integration Market, By Component
10.1 Software
10.2 Services

11.  Operating Room Integration Market, By End-Use
11.1 Hospitals
11.2 Ambulatory Surgery Centers

12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Operating Room Integration Market by Country
12.2.2North America Operating Room Integration Market by Device Application
12.2.3 North America Operating Room Integration Market by Application
12.2.4 North America Operating Room Integration Market by Component
12.2.5 North America Operating Room Integration Market by End User
12.2.6 USA
12.2.6.1 USA Operating Room Integration Market by Device Application
12.2.6.2 USA Operating Room Integration Market by Application
12.2.6.3 USA Operating Room Integration Market by Component
12.2.6.4 USA Operating Room Integration Market by End User
12.2.7 Canada
12.2.7.1 Canada Operating Room Integration Market by Device Application
12.2.7.2 Canada Operating Room Integration Market by Application
12.2.7.3 Canada Operating Room Integration Market by Component
12.2.7.4 Canada Operating Room Integration Market by End User
12.2.8 Mexico
12.2.8.1 Mexico Operating Room Integration Market by Device Application
12.2.8.2 Mexico Operating Room Integration Market by Application
12.2.8.3 Mexico Operating Room Integration Market by Component
12.2.8.4 Mexico Operating Room Integration Market by End User
12.3 Europe
12.3.1 Eastern Europe
12.3.1.1 Eastern Europe Operating Room Integration Market by Country
12.3.1.2 Eastern Europe Operating Room Integration Market by Device Application
12.3.1.3 Eastern Europe Operating Room Integration Market by Application
12.3.1.4 Eastern Europe Operating Room Integration Market by Component
12.3.1.5 Eastern Europe Operating Room Integration Market by End User
12.3.1.6 Poland
12.3.1.6.1 Poland Operating Room Integration Market by Device Application
12.3.1.6.2 Poland Operating Room Integration Market by Application
12.3.1.6.3 Poland Operating Room Integration Market by Component
12.3.1.6.4 Poland Operating Room Integration Market by End User
12.3.1.7 Romania
12.3.1.7.1 Romania Operating Room Integration Market by Device Application
12.3.1.7.2 Romania Operating Room Integration Market by Application
12.3.1.7.3 Romania Operating Room Integration Market by Component
12.3.1.7.4 Romania Operating Room Integration Market by End User
12.3.1.8 Hungary
12.3.1.8.1 Hungary Operating Room Integration Market by Device Application
12.3.1.8.2 Hungary Operating Room Integration Market by Application
12.3.1.8.3 Hungary Operating Room Integration Market by Component
12.3.1.8.4 Hungary Operating Room Integration Market by End User
12.3.1.9 Turkey
12.3.1.9.1 Turkey Operating Room Integration Market by Device Application
12.3.1.9.2 Turkey Operating Room Integration Market by Application
12.3.1.9.3 Turkey Operating Room Integration Market by Component
12.3.1.9.4 Turkey Operating Room Integration Market by End User
12.3.1.10 Rest of Eastern Europe
12.3.1.10.1 Rest of Eastern Europe Operating Room Integration Market by Device Application
12.3.1.10.2 Rest of Eastern Europe Operating Room Integration Market by Application
12.3.1.10.3 Rest of Eastern Europe Operating Room Integration Market by Component
12.3.1.10.4 Rest of Eastern Europe Operating Room Integration Market by End User
12.3.2 Western Europe
12.3.2.1 Western Europe Operating Room Integration Market by Country
12.3.2.2 Western Europe Operating Room Integration Market by Device Application
12.3.2.3 Western Europe Operating Room Integration Market by Application
12.3.2.4 Western Europe Operating Room Integration Market by Component
12.3.2.5 Western Europe Operating Room Integration Market by End User
12.3.2.6 Germany
12.3.2.6.1 Germany Operating Room Integration Market by Device Application
12.3.2.6.2 Germany Operating Room Integration Market by Application
12.3.2.6.3 Germany Operating Room Integration Market by Component
12.3.2.6.4 Germany Operating Room Integration Market by End User
12.3.2.7 France
12.3.2.7.1 France Operating Room Integration Market by Device Application
12.3.2.7.2 France Operating Room Integration Market by Application
12.3.2.7.3 France Operating Room Integration Market by Component
12.3.2.7.4 France Operating Room Integration Market by End User
12.3.2.8 UK
12.3.2.8.1 UK Operating Room Integration Market by Device Application
12.3.2.8.2 UK Operating Room Integration Market by Application
12.3.2.8.3 UK Operating Room Integration Market by Component
12.3.2.8.4 UK Operating Room Integration Market by End User
12.3.2.9 Italy
12.3.2.9.1 Italy Operating Room Integration Market by Device Application
12.3.2.9.2 Italy Operating Room Integration Market by Application
12.3.2.9.3 Italy Operating Room Integration Market by Component
12.3.2.9.4 Italy Operating Room Integration Market by End User
12.3.2.10 Spain
12.3.2.10.1 Spain Operating Room Integration Market by Device Application
12.3.2.10.2 Spain Operating Room Integration Market by Application
12.3.2.10.3 Spain Operating Room Integration Market by Component
12.3.2.10.4 Spain Operating Room Integration Market by End User
12.3.2.11 Netherlands
12.3.2.11.1 Netherlands Operating Room Integration Market by Device Application
12.3.2.11.2 Netherlands Operating Room Integration Market by Application
12.3.2.11.3 Netherlands Operating Room Integration Market by Component
12.3.2.11.4 Netherlands Operating Room Integration Market by End User
12.3.2.12 Switzerland
12.3.2.12.1 Switzerland Operating Room Integration Market by Device Application
12.3.2.12.2 Switzerland Operating Room Integration Market by Application
12.3.2.12.3 Switzerland Operating Room Integration Market by Component
12.3.2.12.4 Switzerland Operating Room Integration Market by End User
12.3.2.13 Austria
12.3.2.13.1 Austria Operating Room Integration Market by Device Application
12.3.2.13.2 Austria Operating Room Integration Market by Application
12.3.2.13.3 Austria Operating Room Integration Market by Component
12.3.2.13.4 Austria Operating Room Integration Market by End User
12.3.2.14 Rest of Western Europe
12.3.2.14.1 Rest of Western Europe Operating Room Integration Market by Device Application
12.3.2.14.2 Rest of Western Europe Operating Room Integration Market by Application
12.3.2.14.3 Rest of Western Europe Operating Room Integration Market by Component
12.3.2.14.4 Rest of Western Europe Operating Room Integration Market by End User
12.4 Asia-Pacific
12.4.1 Asia Pacific Operating Room Integration Market by Country
12.4.2 Asia Pacific Operating Room Integration Market by Device Application
12.4.3 Asia Pacific Operating Room Integration Market by Application
12.4.4 Asia Pacific Operating Room Integration Market by Component
12.4.5 Asia Pacific Operating Room Integration Market by End User
12.4.6 China
12.4.6.1 China Operating Room Integration Market by Device Application
12.4.6.2 China Operating Room Integration Market by Application
12.4.6.3 China Operating Room Integration Market by Component
12.4.6.4 China Operating Room Integration Market by End User
12.4.7 India
12.4.7.1 India Operating Room Integration Market by Device Application
12.4.7.2 India Operating Room Integration Market by Application
12.4.7.3 India Operating Room Integration Market by Component
12.4.7.4 India Operating Room Integration Market by End User
12.4.8 Japan
12.4.8.1 Japan Operating Room Integration Market by Device Application
12.4.8.2 Japan Operating Room Integration Market by Application
12.4.8.3 Japan Operating Room Integration Market by Component
12.4.8.4 Japan Operating Room Integration Market by End User
12.4.9 South Korea
12.4.9.1 South Korea Operating Room Integration Market by Device Application
12.4.9.2 South Korea Operating Room Integration Market by Application
12.4.9.3 South Korea Operating Room Integration Market by Component
12.4.9.4 South Korea Operating Room Integration Market by End User
12.4.10 Vietnam
12.4.10.1 Vietnam Operating Room Integration Market by Device Application
12.4.10.2 Vietnam Operating Room Integration Market by Application
12.4.10.3 Vietnam Operating Room Integration Market by Component
12.4.10.4 Vietnam Operating Room Integration Market by End User
12.4.11 Singapore
12.4.11.1 Singapore Operating Room Integration Market by Device Application
12.4.11.2 Singapore Operating Room Integration Market by Application
12.4.11.3 Singapore Operating Room Integration Market by Component
12.4.11.4 Singapore Operating Room Integration Market by End User
12.4.12 Australia
12.4.12.1 Australia Operating Room Integration Market by Device Application
12.4.12.2 Australia Operating Room Integration Market by Application
12.4.12.3 Australia Operating Room Integration Market by Component
12.4.12.4 Australia Operating Room Integration Market by End User
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Operating Room Integration Market by Device Application
12.4.13.2 Rest of Asia-Pacific Operating Room Integration Market by Application
12.4.13.3 Rest of Asia-Pacific Operating Room Integration Market by Component
12.4.13.4 Rest of Asia-Pacific Operating Room Integration Market by End User
12.5 Middle East & Africa
12.5.1 Middle East
12.5.1.1 Middle East Operating Room Integration Market by country
12.5.1.2 Middle East Operating Room Integration Market by Device Application
12.5.1.3 Middle East Operating Room Integration Market by Application
12.5.1.4 Middle East Operating Room Integration Market by Component
12.5.1.5 Middle East Operating Room Integration Market by End User
12.5.1.6 UAE
12.5.1.6.1 UAE Operating Room Integration Market by Device Application
12.5.1.6.2 UAE Operating Room Integration Market by Application
12.5.1.6.3 UAE Operating Room Integration Market by Component
12.5.1.6.4 UAE Operating Room Integration Market by End User
12.5.1.7 Egypt
12.5.1.7.1 Egypt Operating Room Integration Market by Device Application
12.5.1.7.2 Egypt Operating Room Integration Market by Application
12.5.1.7.3 Egypt Operating Room Integration Market by Component
12.5.1.7.4 Egypt Operating Room Integration Market by End User
12.5.1.8 Saudi Arabia
12.5.1.8.1 Saudi Arabia Operating Room Integration Market by Device Application
12.5.1.8.2 Saudi Arabia Operating Room Integration Market by Application
12.5.1.8.3 Saudi Arabia Operating Room Integration Market by Component
12.5.1.8.4 Saudi Arabia Operating Room Integration Market by End User
12.5.1.9 Qatar
12.5.1.9.1 Qatar Operating Room Integration Market by Device Application
12.5.1.9.2 Qatar Operating Room Integration Market by Application
12.5.1.9.3 Qatar Operating Room Integration Market by Component
12.5.1.9.4 Qatar Operating Room Integration Market by End User
12.5.1.10 Rest of Middle East
12.5.1.10.1 Rest of Middle East Operating Room Integration Market by Device Application
12.5.1.10.2 Rest of Middle East Operating Room Integration Market by Application
12.5.1.10.3 Rest of Middle East Operating Room Integration Market by Component
12.5.1.10.4 Rest of Middle East Operating Room Integration Market by End User
12.5.2. Africa
12.5.2.1 Africa Operating Room Integration Market by country
12.5.2.2 Africa Operating Room Integration Market by Device Application
12.5.2.3 Africa Operating Room Integration Market by Application
12.5.2.4 Africa Operating Room Integration Market by Component
12.5.2.5 Africa Operating Room Integration Market by End User
12.5.2.6 Nigeria
12.5.2.6.1 Nigeria Operating Room Integration Market by Device Application
12.5.2.6.2 Nigeria Operating Room Integration Market by Application
12.5.2.6.3 Nigeria Operating Room Integration Market by Component
12.5.2.6.4 Nigeria Operating Room Integration Market by End User
12.5.2.7 South Africa
12.5.2.7.1 South Africa Operating Room Integration Market by Device Application
12.5.2.7.2 South Africa Operating Room Integration Market by Application
12.5.2.7.3 South Africa Operating Room Integration Market by Component
12.5.2.7.4 South Africa Operating Room Integration Market by End User
12.5.2.8 Rest of Africa
12.5.2.8.1 Rest of Africa Operating Room Integration Market by Device Application
12.5.2.8.2 Rest of Africa Operating Room Integration Market by Application
12.5.2.8.3 Rest of Africa Operating Room Integration Market by Component
12.5.2.8.4 Rest of Africa Operating Room Integration Market by End User
12.6. Latin America
12.6.1 Latin America Operating Room Integration Market by country
12.6.2 Latin America Operating Room Integration Market by Device Application
12.6.3 Latin America Operating Room Integration Market by Application
12.6.4 Latin America Operating Room Integration Market by Component
12.6.5 Latin America Operating Room Integration Market by End User
12.6.6 Brazil
12.6.6.1 Brazil Operating Room Integration Market by Device Application
12.6.6.2 Brazil Operating Room Integration Market by Application
12.6.6.3 Brazil Operating Room Integration Market by Component
12.6.6.4 Brazil Operating Room Integration Market by End User
12.6.7 Argentina
12.6.7.1 Argentina Operating Room Integration Market by Device Application
12.6.7.2 Argentina Operating Room Integration Market by Application
12.6.7.3 Argentina Operating Room Integration Market by Component
12.6.7.4 Argentina Operating Room Integration Market by End User
12.6.8 Colombia
12.6.8.1 Colombia Operating Room Integration Market by Device Application
12.6.8.2 Colombia Operating Room Integration Market by Application
12.6.8.3 Colombia Operating Room Integration Market by Component
12.6.8.4 Colombia Operating Room Integration Market by End User
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Operating Room Integration Market by Device Application
12.6.9.2 Rest of Latin America Operating Room Integration Market by Application
12.6.9.3 Rest of Latin America Operating Room Integration Market by Component
12.6.9.4 Rest of Latin America Operating Room Integration Market by End User

13 Company Profile
13.1 Braiblab AG.
13.1.1 Company Overview
13.1.2 Financials
13.1.3 Products/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Barco.
13.2.1 Company Overview
13.2.2 Financials
13.2.3 Products/ Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Dragerwerk AG & Co.
13.3.1 Company Overview
13.3.2 Financials
13.3.3 Products/ Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 KGaA, Steris Plc.
13.4 Company Overview
13.4.2 Financials
13.4.3 Products/ Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 KARL STORZ SE & CO. KG.
13.5.1 Company Overview
13.5.2 Financials
13.5.3 Products/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Olympus.
13.6.1 Company Overview
13.6.2 Financials
13.6.3 Products/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Care Syntax.
13.7.1 Company Overview
13.7.2 Financials
13.7.3 Products/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Arthrex, Inc.
13.8.1 Company Overview
13.8.2 Financials
13.8.3 Products/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Stryker Corporation.
13.9.1 Company Overview
13.9.2 Financials
13.9.3 Products/ Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Olympus Corporation.
13.10.1 Company Overview
13.10.2 Financials
13.10.3 Products/ Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View

14. Competitive Landscape
14.1 Competitive Bench marking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions

15. USE Cases and Best Practices

16. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Start a Conversation

Hi! Click one of our member below to chat on Phone