Otoscopes Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, Germany, UK, China, Japan - Size and Forecast 2024-2028

Published: Oct 2023

Pages: 147

SKU: IRTNTR76671

Snapshot

Otoscopes Market 2024-2028

The Otoscopes Market size is estimated to grow by USD 72.05 million at a CAGR of 5.03% between 2023 and 2028.

There has been an increase in the prevalence of disorders associated with ENT over the years, which, in turn, has increased the demand in the otoscope market. Some of the factors that lead to hearing impairment include infections during childhood such as measles, mumps, and meningitis, exposure to excessive or prolonged noise, chronic otitis media, head/neck injuries, certain nutritional deficiencies, congenital abnormalities, and infections and perinatal problems, use of ototoxic medications such as certain types of chemotherapies and antibiotics, industrial solvents, genetic disorders, and aging. Therefore, this rise in the prevalence of hearing impairment can fuel the demand for otoscopes which in turn drive the market growth.

Technavio has segmented the market into Product, Type, and Geography

The product segment is classified into pocket otoscope, full-sized otoscope, and video otoscope
The type segment is classified into portable and wall-mounted
The geography segment includes key regions such as North America, Europe, Asia, and the Rest of the World (ROW)

It also includes an in-depth analysis of drivers, trends, and challenges. Our report examines historical data from 2018 - 2022, besides analyzing the current market scenario.

What will be the Size of the Otoscopes Market During the Forecast Period?

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Otoscopes Market Segmentation by Product, Type, and Geography Analysis

Product Analysis

Pocket otoscope

The pocket otoscope segment is estimated to witness significant growth during the forecast period. This segment comprises a small-sized otoscope, which makes it easier to handle. The main advantage of this segment when compared to typical otoscopes, they are less bulky and lighter in weight. In addition, few otoscopes are fitted with a camera or an interface for visualizing images on a computer, making the otoscopy procedure more efficient by providing high-quality images.

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The pocket otoscope segment was the largest segment and was valued at USD 144.66 million in 2018. Moreover, the advantages offered by a pocket otoscope over a full-sized otoscope are fuelling the growth of the pocket otoscope segment. In addition, in developing countries with limited access to advanced medical imaging in rural areas, this otoscope plays a major role in diagnosis. Furthermore, wireless/smart otoscopes are not available in all small medical facilities and hospitals in sub-Saharan Africa. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.

Type Analysis

Portable

Some of the main factors that are significantly contributing to the growth of the portable segment include the availability of various portable products including portable USB digital otoscopes and LED portable otoscopes and the presence of major players in the global otoscopes market. In addition, portable otoscopes are flexible and, therefore, can be used across all health facilities. Moreover, some of the key market players in the market that offer portable otoscopes are Welch Allyn, Inc., American Diagnostic Corporation, Midmark Corporation, Prestige Medical, and GF Health Products, Inc. FurthermorePortable otoscopes not only provide continuous, non-invasive monitoring of health parameters but also can also provide real-time updates to healthcare providers through connectivity. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.

Regional Analysis

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North America is estimated to contribute 37% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that will shape the market during the forecast period. One of the main countries which has significantly contributed to the market growth in North America is the US. There is a significant growth of the market in the region due to government measures to cut down hospital expenditures and reduce hospital stays. Moreover, in the US, due to the presence of the ACA, there is a Patient Bill of Rights, it provides care and coverage to the people. Furthermore, several initiatives by various organizations have led to a rise in the number of people being diagnosed with various ENT disorders and undergoing suitable treatments. For example, he American Academy of Otolaryngology is the world's largest organization, representing specialists who treat the ear, nose, throat, and related structures of the head and neck in the US. Hence, such factors drive the market growth in the region during the forecast period.

COVID Recovery Analysis

In 2020, during the COVID-19 pandemic, the growth of the global otoscopes market witnessed a significant slowdown due to the temporary shutdown of ENT clinics and hospitals which resulted in a supply-demand imbalance in North America. However, in 2021, the initiation of large-scale vaccination drives lifted the lockdown and travel restrictions, which led to the restoration of operations in ENT clinics and hospitals. Such factors are expected to drive the market during the forecast period.

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Key Otoscopes Market Players

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market. The report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

AdamRouilly: The company offers otoscopes products such as ARR00001 otoscopes, AR405 B digital eye and ear examination trainer set black.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Otoscopes Market: Key Drivers, Trends, Challenges, and Customer Landscape

There are multiple factors influencing market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges.

Significant Otoscopes Market Trends

A key factor shaping the otoscopes market growth is the growing geriatric population. There is an increase in number of proportion of older people in the population of several nations. In addition, the aging population has become one of the most significant social transformations of the modern century, with implications for nearly all sectors of society.

Moreover, the rise in the aging population globally presents many opportunities and several public health challenges, as with the increasing age, the immunity of individuals reduces significantly. In addition, reduced immunity directly signifies an increased risk of infection and other disorders which fuels the need for otoscopes which is positively impacting the market. Hence, such factors are driving the market growth during the forecast period.

Major Otoscopes Market Challenges

Uncertain reimbursement policies for hearing aids are one of the key challenges hindering the otoscopes market growth. The main reason restricting others from wearing these devices is the cost of hearing aids. In addition, hearing devices are expensive, and keeping this in mind, the requirement of adequate insurance coverage seems to have a significant role in the growth of the hearing devices market.

Moreover, government healthcare insurance plans may provide some coverage for hearing devices. However, the assistance offered by the government is very limited. In addition, coverage for appointments, hearing tests, and hearing devices varies from state to state in the US. Hence, such factors are hindering the market. Therefore, it is expected to hinder the market growth during the forecast period.

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Key Otoscopes Market Customer Landscape

The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Otoscopes Market Customer Landscape

Segment Overview

The otoscopes market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.

Product Outlook
- Pocket otoscope
- Full-sized otoscope
- Video otoscope
Type Outlook
- Portable
- Wall-mounted
Geography Outlook
- North America
  - The U.S.
  - Canada
- Europe
  - The U.K.
  - Germany
  - France
  - Rest of Europe
- Asia
  - China
  - India
- Rest of the World
  - Australia
  - Argentina
  - Brazil

Otoscopes Market Scope
Report Coverage	Details
Page number	147
Base year	2023
Historic period	2018 - 2022
Forecast period	2024-2028
Growth momentum & CAGR	Accelerate at a CAGR of 5.03%
Market Growth 2024-2028	USD 72.05 million
Market structure	Fragmented
YoY growth 2023-2024(%)	4.26
Regional analysis	North America, Europe, Asia, and the Rest of the World (ROW)
Performing market contribution	North America at 37%
Key countries	US, Germany, UK, China, and Japan
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	AdamRouilly, American Diagnostic Corp., AUG MEDICAL LLC, Baxter International Inc., CellScope Inc., Fazzini Srl, Firefly Global, GF Health Products Inc., GPC Medical Ltd., Halma Plc, HEINE Optotechnik GmbH and Co. KG, Inventis s.r.l., KIRCHNER and WILHELM plus GmbH Co. KG, LUXAMED GmbH and Co. KG, Midmark Corp., Olympus Corp., orlvision GmbH, SyncVision Technology Corp., Tiger Medical Inc., and Tuttnauer Israel Ltd.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Otoscopes Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the otoscopes market between 2024 and 2028
Precise estimation of the otoscope market size and its contribution to the market in focus on the parent market
Detailed analysis of customer landscape covering Diver of price sensitivity, Adoption of the lifecycle, and key purchase criteria
Companies landscape comparing criticality of inputs and factors of differentiation
Exclusive Matrix on companies' position and classification
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the market across North America, Europe, Asia, and the Rest of the World (ROW)
A thorough analysis of the market’s competitive landscape and detailed information about companies
Comprehensive analysis of factors that will challenge the growth of otoscope market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global otoscopes market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global otoscopes market 2018 - 2022 ($ million)

4.2 Product Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Product Segment 2018 - 2022 ($ million)

4.3 Type Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ million)

4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)

4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
- Exhibit 30: Chart on Product - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Product - Market share 2023-2028 (%)

6.2 Comparison by Product
- Exhibit 32: Chart on Comparison by Product
- Exhibit 33: Data Table on Comparison by Product

6.3 Pocket otoscope - Market size and forecast 2023-2028
- Exhibit 34: Chart on Pocket otoscope - Market size and forecast 2023-2028 ($ million)
- Exhibit 35: Data Table on Pocket otoscope - Market size and forecast 2023-2028 ($ million)
- Exhibit 36: Chart on Pocket otoscope - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Pocket otoscope - Year-over-year growth 2023-2028 (%)

6.4 Full-sized otoscope - Market size and forecast 2023-2028
- Exhibit 38: Chart on Full-sized otoscope - Market size and forecast 2023-2028 ($ million)
- Exhibit 39: Data Table on Full-sized otoscope - Market size and forecast 2023-2028 ($ million)
- Exhibit 40: Chart on Full-sized otoscope - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Full-sized otoscope - Year-over-year growth 2023-2028 (%)

6.5 Video otoscope - Market size and forecast 2023-2028
- Exhibit 42: Chart on Video otoscope - Market size and forecast 2023-2028 ($ million)
- Exhibit 43: Data Table on Video otoscope - Market size and forecast 2023-2028 ($ million)
- Exhibit 44: Chart on Video otoscope - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on Video otoscope - Year-over-year growth 2023-2028 (%)

6.6 Market opportunity by Product
- Exhibit 46: Market opportunity by Product ($ million)
- Exhibit 47: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Type

7.1 Market segments
- Exhibit 48: Chart on Type - Market share 2023-2028 (%)
- Exhibit 49: Data Table on Type - Market share 2023-2028 (%)

7.2 Comparison by Type
- Exhibit 50: Chart on Comparison by Type
- Exhibit 51: Data Table on Comparison by Type

7.3 Portable - Market size and forecast 2023-2028
- Exhibit 52: Chart on Portable - Market size and forecast 2023-2028 ($ million)
- Exhibit 53: Data Table on Portable - Market size and forecast 2023-2028 ($ million)
- Exhibit 54: Chart on Portable - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Portable - Year-over-year growth 2023-2028 (%)

7.4 Wall-mounted - Market size and forecast 2023-2028
- Exhibit 56: Chart on Wall-mounted - Market size and forecast 2023-2028 ($ million)
- Exhibit 57: Data Table on Wall-mounted - Market size and forecast 2023-2028 ($ million)
- Exhibit 58: Chart on Wall-mounted - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Wall-mounted - Year-over-year growth 2023-2028 (%)

7.5 Market opportunity by Type
- Exhibit 60: Market opportunity by Type ($ million)
- Exhibit 61: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 63: Chart on Market share by geography 2023-2028 (%)
- Exhibit 64: Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2023-2028
- Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)

9.4 Europe - Market size and forecast 2023-2028
- Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.5 Asia - Market size and forecast 2023-2028
- Exhibit 75: Chart on Asia - Market size and forecast 2023-2028 ($ million)
- Exhibit 76: Data Table on Asia - Market size and forecast 2023-2028 ($ million)
- Exhibit 77: Chart on Asia - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on Asia - Year-over-year growth 2023-2028 (%)

9.6 Rest of World (ROW) - Market size and forecast 2023-2028
- Exhibit 79: Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
- Exhibit 80: Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
- Exhibit 81: Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)

9.7 US - Market size and forecast 2023-2028
- Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)

9.8 Germany - Market size and forecast 2023-2028
- Exhibit 87: Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 88: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 89: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.9 China - Market size and forecast 2023-2028
- Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)

9.10 UK - Market size and forecast 2023-2028
- Exhibit 95: Chart on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 96: Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 97: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on UK - Year-over-year growth 2023-2028 (%)

9.11 Japan - Market size and forecast 2023-2028
- Exhibit 99: Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Exhibit 100: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Exhibit 101: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on Japan - Year-over-year growth 2023-2028 (%)

9.12 Market opportunity by geography
- Exhibit 103: Market opportunity by geography ($ million)
- Exhibit 104: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 105: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption

11.4 Industry risks
- Exhibit 108: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 109: Vendors covered

12.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification

12.3 AdamRouilly
- Exhibit 111: AdamRouilly - Overview
- Exhibit 112: AdamRouilly - Product / Service
- Exhibit 113: AdamRouilly - Key offerings

12.4 American Diagnostic Corp.
- Exhibit 114: American Diagnostic Corp. - Overview
- Exhibit 115: American Diagnostic Corp. - Product / Service
- Exhibit 116: American Diagnostic Corp. - Key offerings

12.5 AUG MEDICAL LLC
- Exhibit 117: AUG MEDICAL LLC - Overview
- Exhibit 118: AUG MEDICAL LLC - Product / Service
- Exhibit 119: AUG MEDICAL LLC - Key offerings

12.6 Baxter International Inc.
- Exhibit 120: Baxter International Inc. - Overview
- Exhibit 121: Baxter International Inc. - Business segments
- Exhibit 122: Baxter International Inc. - Key news
- Exhibit 123: Baxter International Inc. - Key offerings
- Exhibit 124: Baxter International Inc. - Segment focus

12.7 Fazzini Srl
- Exhibit 125: Fazzini Srl - Overview
- Exhibit 126: Fazzini Srl - Product / Service
- Exhibit 127: Fazzini Srl - Key offerings

12.8 Firefly Global
- Exhibit 128: Firefly Global - Overview
- Exhibit 129: Firefly Global - Product / Service
- Exhibit 130: Firefly Global - Key offerings

12.9 Halma Plc
- Exhibit 131: Halma Plc - Overview
- Exhibit 132: Halma Plc - Business segments
- Exhibit 133: Halma Plc - Key news
- Exhibit 134: Halma Plc - Key offerings
- Exhibit 135: Halma Plc - Segment focus

12.10 HEINE Optotechnik GmbH and Co. KG
- Exhibit 136: HEINE Optotechnik GmbH and Co. KG - Overview
- Exhibit 137: HEINE Optotechnik GmbH and Co. KG - Product / Service
- Exhibit 138: HEINE Optotechnik GmbH and Co. KG - Key offerings

12.11 Inventis s.r.l.
- Exhibit 139: Inventis s.r.l. - Overview
- Exhibit 140: Inventis s.r.l. - Product / Service
- Exhibit 141: Inventis s.r.l. - Key offerings

12.12 KIRCHNER and WILHELM plus GmbH Co. KG
- Exhibit 142: KIRCHNER and WILHELM plus GmbH Co. KG - Overview
- Exhibit 143: KIRCHNER and WILHELM plus GmbH Co. KG - Product / Service
- Exhibit 144: KIRCHNER and WILHELM plus GmbH Co. KG - Key offerings

12.13 LUXAMED GmbH and Co. KG
- Exhibit 145: LUXAMED GmbH and Co. KG - Overview
- Exhibit 146: LUXAMED GmbH and Co. KG - Product / Service
- Exhibit 147: LUXAMED GmbH and Co. KG - Key offerings

12.14 Midmark Corp.
- Exhibit 148: Midmark Corp. - Overview
- Exhibit 149: Midmark Corp. - Product / Service
- Exhibit 150: Midmark Corp. - Key offerings

12.15 Olympus Corp.
- Exhibit 151: Olympus Corp. - Overview
- Exhibit 152: Olympus Corp. - Business segments
- Exhibit 153: Olympus Corp. - Key news
- Exhibit 154: Olympus Corp. - Key offerings
- Exhibit 155: Olympus Corp. - Segment focus

12.16 orlvision GmbH
- Exhibit 156: orlvision GmbH - Overview
- Exhibit 157: orlvision GmbH - Product / Service
- Exhibit 158: orlvision GmbH - Key offerings

12.17 SyncVision Technology Corp.
- Exhibit 159: SyncVision Technology Corp. - Overview
- Exhibit 160: SyncVision Technology Corp. - Product / Service
- Exhibit 161: SyncVision Technology Corp. - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 162: Inclusions checklist
- Exhibit 163: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 164: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 165: Research methodology
- Exhibit 166: Validation techniques employed for market sizing
- Exhibit 167: Information sources

13.5 List of abbreviations
- Exhibit 168: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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