Research Methodology – Cardiology PoC Diagnostics Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Cardiology PoC Diagnostics Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Cardiology PoC Diagnostics Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share:
- Prevalence and incidence rate of cardiovascular diseases globally
- Number of cardiology diagnostic centers and hospitals
- Adoption rate of PoC diagnostic tools and technologies in these facilities
- Sales figures of PoC diagnostic devices and related equipment
- Research and Development (R&D) investment in the field of cardiology diagnostics
- Pricing structure of PoC diagnostic devices
- Government regulations and policies related to cardiology diagnostics
- Impact of COVID-19 on the cardiology healthcare sector
- Patient demographics and ageing population
Key Market Indicators:
- Growth rate of the cardiology sector
- New product launches and FDA approvals
- Technological advancements and innovation in cardiology PoC diagnostics
- Market presence and expansion strategies of leading companies
- Mergers, acquisitions, and partnerships in cardiology diagnostic market
- Demand and supply chain scenario in the cardiology sector
- Revenue generation from different segments of cardiology diagnostics
Growth Trends:
- Increasing demand for rapid and accurate diagnostic tools in cardiology
- Improvement in healthcare infrastructure across developing nations
- Increasing use of artificial intelligence and machine learning in cardiology diagnostics
- Rise in collaborative research and development activities
- Integration of IoT and wearable technology for remote patient monitoring
- Increasing adoption of telemedicine and mobile health in cardiology
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Cardiology PoC Diagnostics Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Cardiology PoC Diagnostics Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights