Global Healthcare Machine Vision System Supply, Demand and Key Producers, 2024-2030
Page: 98
Published Date: 11 Feb 2024
Category: Medical Devices & Consumables
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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Description
The global Healthcare Machine Vision System market size is expected to reach $ million by 2030, rising at a market growth of % CAGR during the forecast period (2024-2030).
According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Healthcare machine vision system is popularly used across surgical, access tracking, and patients monitoring applications.
This report studies the global Healthcare Machine Vision System demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Healthcare Machine Vision System, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Healthcare Machine Vision System that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Healthcare Machine Vision System total market, 2019-2030, (USD Million)
Global Healthcare Machine Vision System total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: Healthcare Machine Vision System total market, key domestic companies and share, (USD Million)
Global Healthcare Machine Vision System revenue by player and market share 2019-2024, (USD Million)
Global Healthcare Machine Vision System total market by Type, CAGR, 2019-2030, (USD Million)
Global Healthcare Machine Vision System total market by Application, CAGR, 2019-2030, (USD Million).
This reports profiles major players in the global Healthcare Machine Vision System market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Omron Corporation, Baumer, Cognex Corporation, FLIR Systems, Inc., Basler, Keyence, Teledyne Group, TKH Group and Sony Corporation, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Healthcare Machine Vision System market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global Healthcare Machine Vision System Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Healthcare Machine Vision System Market, Segmentation by Type
MV Camera with Host PC
Smart Camera
Vision-based Barcode Readers
Others
Global Healthcare Machine Vision System Market, Segmentation by Application
In Vitro Diagnostics
Access and Tracking
Surgical
Patient Monitoring
Drug Dispensing
Others
Companies Profiled:
Omron Corporation
Baumer
Cognex Corporation
FLIR Systems, Inc.
Basler
Keyence
Teledyne Group
TKH Group
Sony Corporation
Key Questions Answered
1. How big is the global Healthcare Machine Vision System market?
2. What is the demand of the global Healthcare Machine Vision System market?
3. What is the year over year growth of the global Healthcare Machine Vision System market?
4. What is the total value of the global Healthcare Machine Vision System market?
5. Who are the major players in the global Healthcare Machine Vision System market?
Table of Contents
1 Supply Summary
1.1 Healthcare Machine Vision System Introduction
1.2 World Healthcare Machine Vision System Market Size & Forecast (2019 & 2023 & 2030)
1.3 World Healthcare Machine Vision System Total Market by Region (by Headquarter Location)
1.3.1 World Healthcare Machine Vision System Market Size by Region (2019-2030), (by Headquarter Location)
1.3.2 United States Healthcare Machine Vision System Market Size (2019-2030)
1.3.3 China Healthcare Machine Vision System Market Size (2019-2030)
1.3.4 Europe Healthcare Machine Vision System Market Size (2019-2030)
1.3.5 Japan Healthcare Machine Vision System Market Size (2019-2030)
1.3.6 South Korea Healthcare Machine Vision System Market Size (2019-2030)
1.3.7 ASEAN Healthcare Machine Vision System Market Size (2019-2030)
1.3.8 India Healthcare Machine Vision System Market Size (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Healthcare Machine Vision System Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Healthcare Machine Vision System Major Market Trends
2.1 World Healthcare Machine Vision System Consumption Value (2019-2030)
2.2 World Healthcare Machine Vision System Consumption Value by Region
2.2.1 World Healthcare Machine Vision System Consumption Value by Region (2019-2024)
2.2.2 World Healthcare Machine Vision System Consumption Value Forecast by Region (2025-2030)
2.3 United States Healthcare Machine Vision System Consumption Value (2019-2030)
2.4 China Healthcare Machine Vision System Consumption Value (2019-2030)
2.5 Europe Healthcare Machine Vision System Consumption Value (2019-2030)
2.6 Japan Healthcare Machine Vision System Consumption Value (2019-2030)
2.7 South Korea Healthcare Machine Vision System Consumption Value (2019-2030)
2.8 ASEAN Healthcare Machine Vision System Consumption Value (2019-2030)
2.9 India Healthcare Machine Vision System Consumption Value (2019-2030)
3.1 World Healthcare Machine Vision System Revenue by Player (2019-2024)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global Healthcare Machine Vision System Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for Healthcare Machine Vision System in 2023
3.2.3 Global Concentration Ratios (CR8) for Healthcare Machine Vision System in 2023
3.3 Healthcare Machine Vision System Company Evaluation Quadrant
3.4 Healthcare Machine Vision System Market: Overall Company Footprint Analysis
3.4.1 Healthcare Machine Vision System Market: Region Footprint
3.4.2 Healthcare Machine Vision System Market: Company Product Type Footprint
3.4.3 Healthcare Machine Vision System Market: Company Product Application Footprint
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Market Entry
3.5.3 Factors of Competition
3.6 Mergers, Acquisitions Activity
4.1 United States VS China: Healthcare Machine Vision System Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: Healthcare Machine Vision System Market Size Comparison (2019 & 2023 & 2030) (by Headquarter Location)
4.1.2 United States VS China: Healthcare Machine Vision System Revenue Market Share Comparison (2019 & 2023 & 2030)
4.2 United States Based Companies VS China Based Companies: Healthcare Machine Vision System Consumption Value Comparison
4.2.1 United States VS China: Healthcare Machine Vision System Consumption Value Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Healthcare Machine Vision System Consumption Value Market Share Comparison (2019 & 2023 & 2030)
4.3 United States Based Healthcare Machine Vision System Companies and Market Share, 2019-2024
4.3.1 United States Based Healthcare Machine Vision System Companies, Headquarters (States, Country)
4.3.2 United States Based Companies Healthcare Machine Vision System Revenue, (2019-2024)
4.4 China Based Companies Healthcare Machine Vision System Revenue and Market Share, 2019-2024
4.4.1 China Based Healthcare Machine Vision System Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies Healthcare Machine Vision System Revenue, (2019-2024)
4.5 Rest of World Based Healthcare Machine Vision System Companies and Market Share, 2019-2024
4.5.1 Rest of World Based Healthcare Machine Vision System Companies, Headquarters (States, Country)
4.5.2 Rest of World Based Companies Healthcare Machine Vision System Revenue, (2019-2024)
5.1 World Healthcare Machine Vision System Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 MV Camera with Host PC
5.2.2 Smart Camera
5.2.3 Vision-based Barcode Readers
5.2.4 Others
5.3 Market Segment by Type
5.3.1 World Healthcare Machine Vision System Market Size by Type (2019-2024)
5.3.2 World Healthcare Machine Vision System Market Size by Type (2025-2030)
5.3.3 World Healthcare Machine Vision System Market Size Market Share by Type (2019-2030)
6.1 World Healthcare Machine Vision System Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 In Vitro Diagnostics
6.2.2 Access and Tracking
6.2.3 Surgical
6.2.4 Patient Monitoring
6.2.5 Patient Monitoring
6.2.6 Others
6.3 Market Segment by Application
6.3.1 World Healthcare Machine Vision System Market Size by Application (2019-2024)
6.3.2 World Healthcare Machine Vision System Market Size by Application (2025-2030)
6.3.3 World Healthcare Machine Vision System Market Size by Application (2019-2030)
7.1 Omron Corporation
7.1.1 Omron Corporation Details
7.1.2 Omron Corporation Major Business
7.1.3 Omron Corporation Healthcare Machine Vision System Product and Services
7.1.4 Omron Corporation Healthcare Machine Vision System Revenue, Gross Margin and Market Share (2019-2024)
7.1.5 Omron Corporation Recent Developments/Updates
7.1.6 Omron Corporation Competitive Strengths & Weaknesses
7.2 Baumer
7.2.1 Baumer Details
7.2.2 Baumer Major Business
7.2.3 Baumer Healthcare Machine Vision System Product and Services
7.2.4 Baumer Healthcare Machine Vision System Revenue, Gross Margin and Market Share (2019-2024)
7.2.5 Baumer Recent Developments/Updates
7.2.6 Baumer Competitive Strengths & Weaknesses
7.3 Cognex Corporation
7.3.1 Cognex Corporation Details
7.3.2 Cognex Corporation Major Business
7.3.3 Cognex Corporation Healthcare Machine Vision System Product and Services
7.3.4 Cognex Corporation Healthcare Machine Vision System Revenue, Gross Margin and Market Share (2019-2024)
7.3.5 Cognex Corporation Recent Developments/Updates
7.3.6 Cognex Corporation Competitive Strengths & Weaknesses
7.4 FLIR Systems, Inc.
7.4.1 FLIR Systems, Inc. Details
7.4.2 FLIR Systems, Inc. Major Business
7.4.3 FLIR Systems, Inc. Healthcare Machine Vision System Product and Services
7.4.4 FLIR Systems, Inc. Healthcare Machine Vision System Revenue, Gross Margin and Market Share (2019-2024)
7.4.5 FLIR Systems, Inc. Recent Developments/Updates
7.4.6 FLIR Systems, Inc. Competitive Strengths & Weaknesses
7.5 Basler
7.5.1 Basler Details
7.5.2 Basler Major Business
7.5.3 Basler Healthcare Machine Vision System Product and Services
7.5.4 Basler Healthcare Machine Vision System Revenue, Gross Margin and Market Share (2019-2024)
7.5.5 Basler Recent Developments/Updates
7.5.6 Basler Competitive Strengths & Weaknesses
7.6 Keyence
7.6.1 Keyence Details
7.6.2 Keyence Major Business
7.6.3 Keyence Healthcare Machine Vision System Product and Services
7.6.4 Keyence Healthcare Machine Vision System Revenue, Gross Margin and Market Share (2019-2024)
7.6.5 Keyence Recent Developments/Updates
7.6.6 Keyence Competitive Strengths & Weaknesses
7.7 Teledyne Group
7.7.1 Teledyne Group Details
7.7.2 Teledyne Group Major Business
7.7.3 Teledyne Group Healthcare Machine Vision System Product and Services
7.7.4 Teledyne Group Healthcare Machine Vision System Revenue, Gross Margin and Market Share (2019-2024)
7.7.5 Teledyne Group Recent Developments/Updates
7.7.6 Teledyne Group Competitive Strengths & Weaknesses
7.8 TKH Group
7.8.1 TKH Group Details
7.8.2 TKH Group Major Business
7.8.3 TKH Group Healthcare Machine Vision System Product and Services
7.8.4 TKH Group Healthcare Machine Vision System Revenue, Gross Margin and Market Share (2019-2024)
7.8.5 TKH Group Recent Developments/Updates
7.8.6 TKH Group Competitive Strengths & Weaknesses
7.9 Sony Corporation
7.9.1 Sony Corporation Details
7.9.2 Sony Corporation Major Business
7.9.3 Sony Corporation Healthcare Machine Vision System Product and Services
7.9.4 Sony Corporation Healthcare Machine Vision System Revenue, Gross Margin and Market Share (2019-2024)
7.9.5 Sony Corporation Recent Developments/Updates
7.9.6 Sony Corporation Competitive Strengths & Weaknesses
8.1 Healthcare Machine Vision System Industry Chain
8.2 Healthcare Machine Vision System Upstream Analysis
8.3 Healthcare Machine Vision System Midstream Analysis
8.4 Healthcare Machine Vision System Downstream Analysis
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
Table of Figures
List of Tables
Table 1. World Healthcare Machine Vision System Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Table 2. World Healthcare Machine Vision System Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
Table 3. World Healthcare Machine Vision System Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
Table 4. World Healthcare Machine Vision System Revenue Market Share by Region (2019-2024), (by Headquarter Location)
Table 5. World Healthcare Machine Vision System Revenue Market Share by Region (2025-2030), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World Healthcare Machine Vision System Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
Table 8. World Healthcare Machine Vision System Consumption Value by Region (2019-2024) & (USD Million)
Table 9. World Healthcare Machine Vision System Consumption Value Forecast by Region (2025-2030) & (USD Million)
Table 10. World Healthcare Machine Vision System Revenue by Player (2019-2024) & (USD Million)
Table 11. Revenue Market Share of Key Healthcare Machine Vision System Players in 2023
Table 12. World Healthcare Machine Vision System Industry Rank of Major Player, Based on Revenue in 2023
Table 13. Global Healthcare Machine Vision System Company Evaluation Quadrant
Table 14. Head Office of Key Healthcare Machine Vision System Player
Table 15. Healthcare Machine Vision System Market: Company Product Type Footprint
Table 16. Healthcare Machine Vision System Market: Company Product Application Footprint
Table 17. Healthcare Machine Vision System Mergers & Acquisitions Activity
Table 18. United States VS China Healthcare Machine Vision System Market Size Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 19. United States VS China Healthcare Machine Vision System Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 20. United States Based Healthcare Machine Vision System Companies, Headquarters (States, Country)
Table 21. United States Based Companies Healthcare Machine Vision System Revenue, (2019-2024) & (USD Million)
Table 22. United States Based Companies Healthcare Machine Vision System Revenue Market Share (2019-2024)
Table 23. China Based Healthcare Machine Vision System Companies, Headquarters (Province, Country)
Table 24. China Based Companies Healthcare Machine Vision System Revenue, (2019-2024) & (USD Million)
Table 25. China Based Companies Healthcare Machine Vision System Revenue Market Share (2019-2024)
Table 26. Rest of World Based Healthcare Machine Vision System Companies, Headquarters (States, Country)
Table 27. Rest of World Based Companies Healthcare Machine Vision System Revenue, (2019-2024) & (USD Million)
Table 28. Rest of World Based Companies Healthcare Machine Vision System Revenue Market Share (2019-2024)
Table 29. World Healthcare Machine Vision System Market Size by Type, (USD Million), 2019 & 2023 & 2030
Table 30. World Healthcare Machine Vision System Market Size by Type (2019-2024) & (USD Million)
Table 31. World Healthcare Machine Vision System Market Size by Type (2025-2030) & (USD Million)
Table 32. World Healthcare Machine Vision System Market Size by Application, (USD Million), 2019 & 2023 & 2030
Table 33. World Healthcare Machine Vision System Market Size by Application (2019-2024) & (USD Million)
Table 34. World Healthcare Machine Vision System Market Size by Application (2025-2030) & (USD Million)
Table 35. Omron Corporation Basic Information, Area Served and Competitors
Table 36. Omron Corporation Major Business
Table 37. Omron Corporation Healthcare Machine Vision System Product and Services
Table 38. Omron Corporation Healthcare Machine Vision System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 39. Omron Corporation Recent Developments/Updates
Table 40. Omron Corporation Competitive Strengths & Weaknesses
Table 41. Baumer Basic Information, Area Served and Competitors
Table 42. Baumer Major Business
Table 43. Baumer Healthcare Machine Vision System Product and Services
Table 44. Baumer Healthcare Machine Vision System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 45. Baumer Recent Developments/Updates
Table 46. Baumer Competitive Strengths & Weaknesses
Table 47. Cognex Corporation Basic Information, Area Served and Competitors
Table 48. Cognex Corporation Major Business
Table 49. Cognex Corporation Healthcare Machine Vision System Product and Services
Table 50. Cognex Corporation Healthcare Machine Vision System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 51. Cognex Corporation Recent Developments/Updates
Table 52. Cognex Corporation Competitive Strengths & Weaknesses
Table 53. FLIR Systems, Inc. Basic Information, Area Served and Competitors
Table 54. FLIR Systems, Inc. Major Business
Table 55. FLIR Systems, Inc. Healthcare Machine Vision System Product and Services
Table 56. FLIR Systems, Inc. Healthcare Machine Vision System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 57. FLIR Systems, Inc. Recent Developments/Updates
Table 58. FLIR Systems, Inc. Competitive Strengths & Weaknesses
Table 59. Basler Basic Information, Area Served and Competitors
Table 60. Basler Major Business
Table 61. Basler Healthcare Machine Vision System Product and Services
Table 62. Basler Healthcare Machine Vision System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 63. Basler Recent Developments/Updates
Table 64. Basler Competitive Strengths & Weaknesses
Table 65. Keyence Basic Information, Area Served and Competitors
Table 66. Keyence Major Business
Table 67. Keyence Healthcare Machine Vision System Product and Services
Table 68. Keyence Healthcare Machine Vision System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 69. Keyence Recent Developments/Updates
Table 70. Keyence Competitive Strengths & Weaknesses
Table 71. Teledyne Group Basic Information, Area Served and Competitors
Table 72. Teledyne Group Major Business
Table 73. Teledyne Group Healthcare Machine Vision System Product and Services
Table 74. Teledyne Group Healthcare Machine Vision System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 75. Teledyne Group Recent Developments/Updates
Table 76. Teledyne Group Competitive Strengths & Weaknesses
Table 77. TKH Group Basic Information, Area Served and Competitors
Table 78. TKH Group Major Business
Table 79. TKH Group Healthcare Machine Vision System Product and Services
Table 80. TKH Group Healthcare Machine Vision System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 81. TKH Group Recent Developments/Updates
Table 82. Sony Corporation Basic Information, Area Served and Competitors
Table 83. Sony Corporation Major Business
Table 84. Sony Corporation Healthcare Machine Vision System Product and Services
Table 85. Sony Corporation Healthcare Machine Vision System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 86. Global Key Players of Healthcare Machine Vision System Upstream (Raw Materials)
Table 87. Healthcare Machine Vision System Typical Customers
List of Figure
Figure 1. Healthcare Machine Vision System Picture
Figure 2. World Healthcare Machine Vision System Total Market Size: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Healthcare Machine Vision System Total Market Size (2019-2030) & (USD Million)
Figure 4. World Healthcare Machine Vision System Revenue Market Share by Region (2019, 2023 and 2030) & (USD Million) , (by Headquarter Location)
Figure 5. World Healthcare Machine Vision System Revenue Market Share by Region (2019-2030), (by Headquarter Location)
Figure 6. United States Based Company Healthcare Machine Vision System Revenue (2019-2030) & (USD Million)
Figure 7. China Based Company Healthcare Machine Vision System Revenue (2019-2030) & (USD Million)
Figure 8. Europe Based Company Healthcare Machine Vision System Revenue (2019-2030) & (USD Million)
Figure 9. Japan Based Company Healthcare Machine Vision System Revenue (2019-2030) & (USD Million)
Figure 10. South Korea Based Company Healthcare Machine Vision System Revenue (2019-2030) & (USD Million)
Figure 11. ASEAN Based Company Healthcare Machine Vision System Revenue (2019-2030) & (USD Million)
Figure 12. India Based Company Healthcare Machine Vision System Revenue (2019-2030) & (USD Million)
Figure 13. Healthcare Machine Vision System Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Healthcare Machine Vision System Consumption Value (2019-2030) & (USD Million)
Figure 16. World Healthcare Machine Vision System Consumption Value Market Share by Region (2019-2030)
Figure 17. United States Healthcare Machine Vision System Consumption Value (2019-2030) & (USD Million)
Figure 18. China Healthcare Machine Vision System Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe Healthcare Machine Vision System Consumption Value (2019-2030) & (USD Million)
Figure 20. Japan Healthcare Machine Vision System Consumption Value (2019-2030) & (USD Million)
Figure 21. South Korea Healthcare Machine Vision System Consumption Value (2019-2030) & (USD Million)
Figure 22. ASEAN Healthcare Machine Vision System Consumption Value (2019-2030) & (USD Million)
Figure 23. India Healthcare Machine Vision System Consumption Value (2019-2030) & (USD Million)
Figure 24. Producer Shipments of Healthcare Machine Vision System by Player Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for Healthcare Machine Vision System Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for Healthcare Machine Vision System Markets in 2023
Figure 27. United States VS China: Healthcare Machine Vision System Revenue Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Healthcare Machine Vision System Consumption Value Market Share Comparison (2019 & 2023 & 2030)
Figure 29. World Healthcare Machine Vision System Market Size by Type, (USD Million), 2019 & 2023 & 2030
Figure 30. World Healthcare Machine Vision System Market Size Market Share by Type in 2023
Figure 31. MV Camera with Host PC
Figure 32. Smart Camera
Figure 33. Vision-based Barcode Readers
Figure 34. Others
Figure 35. World Healthcare Machine Vision System Market Size Market Share by Type (2019-2030)
Figure 36. World Healthcare Machine Vision System Market Size by Application, (USD Million), 2019 & 2023 & 2030
Figure 37. World Healthcare Machine Vision System Market Size Market Share by Application in 2023
Figure 38. In Vitro Diagnostics
Figure 39. Access and Tracking
Figure 40. Surgical
Figure 41. Patient Monitoring
Figure 42. Drug Dispensing
Figure 43. Others
Figure 44. Healthcare Machine Vision System Industrial Chain
Figure 45. Methodology
Figure 46. Research Process and Data Source
Research Methodology
Client Requirements
Review and analyze client requirements
Discussion of all the project requirements and queries
Flexibility Check
Project Feasibility Analysis
Finalizing tentative research programme
Structuring project proposal with scope, timeline, and costs
Analyzing Market Dynamics
Determination of key drivers, restraints, challenge, and opportunity
Identifies market needs and trends
Market Size Estimation & Forecast
Estimation of historical data based on secondary and primary data
Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)
Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies
Consideration of geography, region-specific product/service demand for region segments
Consideration of product utilization rates, product demand outlook for segments by application or end-user.
Data Source
Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports,
paid database, press releases, blogs, newsletters,and GIR repositories.
Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts
to verify insights.
Validation
and
triangulation of
secondary and primary source.
Collection of data
Cumulating and collating the essential qualitative and quantitative data
Generation of report in client requested format by research analysts
Reviews by expert analysts
Final quality check
Clarifying queries
Receiving feedback
Ensuring satisfaction
01 Identification of data
This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
-
02 Evaluation of Market Dynamic
This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
-
03 Collection of Data
This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
-
04 Collaboration of Data
This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis
This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.
Companies Mentioned
Omron Corporation Baumer Cognex Corporation FLIR Systems, Inc. Basler Keyence Teledyne Group TKH Group Sony Corporation
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13 Jan 2023
Medical Devices & Consumables
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