Research Methodology – Gastrointestinal (GI) Endoscopy Devices 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 Gastrointestinal (GI) Endoscopy Devices Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Gastrointestinal (GI) Endoscopy Devices Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- The number of hospitals, clinics, and diagnostic centers that perform GI endoscopy procedures around the globe.
- Global prevalence and incidence rate of gastrointestinal diseases.
- The volume of GI endoscopy procedures performed worldwide.
- Pricing strategies adopted by the manufacturers of GI endoscopy devices.
- Number of manufacturers and their production capacity.
- Innovation and technological advances in GI endoscopy devices.
- Government policies and regulations pertaining to the use and approval of GI endoscopy devices.
Key Market Indicators
- The number of new manufacturers entering the GI endoscopy devices market.
- Rate of adoption of latest GI endoscopy devices by healthcare providers.
- Growth in funding and investments for the development of advanced endoscopy devices.
- Impact of telemedicine and AI on the GI endoscopy devices market.
- Impact of COVID-19 pandemic on the demand and supply of GI endoscopy devices.
Growth Trends
- Increasing demand for minimally invasive surgical procedures.
- Growth in the number of procedures due to an aging population.
- Advancements in technologies like artificial intelligence, robotics, and IoT in GI endoscopy.
- Increasing awareness about gastrointestinal diseases and their early diagnosis.
- Growth in the adoption of disposable endoscopes to prevent infections.
- Increasing healthcare expenditure in emerging economies.
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 Gastrointestinal (GI) Endoscopy Devices 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 Gastrointestinal (GI) Endoscopy Devices 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