Artificial Intelligence (AI) in Operating Room: Global Market 2022-2031 by Offering (Hardware, Software), Technology (ML, DL, NLP, Others), Application (Training, Diagnosis, Analysis, Planning & Rehabilitation), Indication (Gastroenterology, Neurology, Urology, Orthopedics, Cardiology), End User (Hospitals, ASCs, Specialized Facilities), and Region
- Report ID: 29769
- Date: Jun, 2022
- Pages: 166
- Category: ICT & Media
Global operating room AI market will reach $3,175.4 million by 2031, growing by 41.8% annually over 2021-2031, driven by the growing funding for Artificial Intelligence (AI), advancement in robotics and medical visualization technologies, and benefits of artificial intelligence-enabled surgeries over conventional surgeries.
Highlighted with 85 tables and 88 figures, this 166-page report “Artificial Intelligence (AI) in Operating Room: Global Market 2021-2031 by Offering (Hardware, Software), Technology (ML, DL, NLP, Others), Application (Training, Diagnosis, Analysis, Planning & Rehabilitation), Indication (Gastroenterology, Neurology, Urology, Orthopedics, Cardiology), End User (Hospitals, ASCs, Specialized Facilities), and Region” is based on a comprehensive research of the entire global operating room AI market and all its sub-segments through extensively detailed classifications.
Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global operating room AI market in every aspect of the classification from perspectives of Offering, Technology, Application, Indication, End User, and Region.
Based on Offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Hardware
• Software
Based on Technology, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Machine Learning (ML)
• Deep Learning (DL)
• Natural Language Processing (NLP)
• Computer Vison and Others
Based on Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Training & Supporting
• Diagnosis & Monitoring
• Outcome & Risk Analysis
• Surgical Planning & Rehabilitation
o Pre-Operative
o Intra-Operative
o Post-Operative
• Integration & Connectivity
• Other Applications
By Indication, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Gastroenterology
• Neurology
• Urology
• Orthopedics
• Cardiology
• Other Indications
By End User, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Hospitals
• Ambulatory Surgical Centers (ASCs)
• Standalone/Specialized Facilities
• Other End Users
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Sweden, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Russia, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, Iran, Other Nations)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of key national markets by Offering, Application, and Indication over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Activ Surgical Inc.
Brainomix Limited
Caresyntax Corp
DeepOR S.A.S
ExplORer Surgical Corp.
Hanson Meditec Co., Ltd.
Holo Surgical Inc.
LeanTaaS Inc.
Medtronic Plc
Proximie
Scalpel Limited
Theator Inc.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 21
2.1 Market Size and Forecast 21
2.1.1 Impact of COVID-19 on World Economy 22
2.1.2 Impact of COVID-19 on the Market 24
2.2 Major Growth Drivers 26
2.3 Market Restraints and Challenges 31
2.4 Emerging Opportunities and Market Trends 34
2.5 Porter’s Fiver Forces Analysis 38
3 Segmentation of Global Market by Offering 42
3.1 Market Overview by Offering 42
3.2 Hardware 44
3.3 Software 45
4 Segmentation of Global Market by Technology 46
4.1 Market Overview by Technology 46
4.2 Machine Learning (ML) 48
4.3 Deep Learning (DL) 49
4.4 Natural Language Processing (NLP) 50
4.5 Computer Vison and Others 51
5 Segmentation of Global Market by Application 52
5.1 Market Overview by Application 52
5.2 Training & Supporting 54
5.3 Diagnosis & Monitoring 55
5.4 Outcome & Risk Analysis 56
5.5 Surgical Planning & Rehabilitation 57
5.5.1 Pre-Operative 58
5.5.2 Intra-Operative 59
5.5.3 Post-Operative 60
5.6 Integration & Connectivity 61
5.7 Other Applications 62
6 Segmentation of Global Market by Indication 63
6.1 Market Overview by Indication 63
6.2 Gastroenterology 65
6.3 Neurology 66
6.4 Urology 67
6.5 Orthopedics 68
6.6 Cardiology 69
6.7 Other Indications 70
7 Segmentation of Global Market by End User 71
7.1 Market Overview by End User 71
7.2 Hospitals 73
7.3 Ambulatory Surgical Centers (ASCs) 74
7.4 Standalone/Specialized Facilities 75
7.5 Other End Users 76
8 Segmentation of Global Market by Region 77
8.1 Geographic Market Overview 2021-2031 77
8.2 North America Market 2021-2031 by Country 81
8.2.1 Overview of North America Market 81
8.2.2 U.S. 85
8.2.3 Canada 88
8.2.4 Mexico 90
8.3 European Market 2021-2031 by Country 92
8.3.1 Overview of European Market 92
8.3.2 Germany 96
8.3.3 U.K. 98
8.3.4 France 100
8.3.5 Spain 102
8.3.6 Italy 104
8.3.7 Sweden 106
8.3.8 Rest of European Market 108
8.4 Asia-Pacific Market 2021-2031 by Country 110
8.4.1 Overview of Asia-Pacific Market 110
8.4.2 Japan 114
8.4.3 China 117
8.4.4 Australia 119
8.4.5 India 121
8.4.6 South Korea 123
8.4.7 Rest of APAC Region 125
8.5 South America Market 2021-2031 by Country 127
8.5.1 Argentina 130
8.5.2 Brazil 132
8.5.3 Chile 134
8.5.4 Rest of South America Market 136
8.6 MEA Market 2021-2031 by Country 137
8.6.1 UAE 140
8.6.2 Saudi Arabia 142
8.6.3 Iran 144
8.6.4 Other National Markets 146
9 Competitive Landscape 147
9.1 Overview of Key Vendors 147
9.2 New Product Launch, Partnership, Investment, and M&A 152
9.3 Company Profiles 153
Activ Surgical Inc. 153
Brainomix Limited 155
Caresyntax Corp 156
DeepOR S.A.S 157
ExplORer Surgical Corp. 158
Hanson Meditec Co., Ltd. 159
Holo Surgical Inc. 160
LeanTaaS Inc. 161
Medtronic Plc 162
Proximie 163
Scalpel Limited 164
Theator Inc. 165
RELATED REPORTS 166
List of Tables
Table 1. Snapshot of Global Operating Room AI Market in Balanced Perspective, 2021-2031 19
Table 2. World Economic Outlook, 2021-2031 23
Table 3. Worldwide Procedure Volume of Robot-assisted Surgeries, 2020-2030, million 28
Table 4. World Health Spending by Region, $ bn, 2013-2020 30
Table 5. Main Product Trends and Market Opportunities in Global Operating Room AI Market 34
Table 6. Global Operating Room AI Market by Offering, 2021-2031, $ mn 42
Table 7. Global Operating Room AI Market by Technology, 2021-2031, $ mn 46
Table 8. Global Operating Room AI Market by Application, 2021-2031, $ mn 52
Table 9. Global Operating Room AI Market: Surgical Planning & Rehabilitation by Segment, 2021-2031, $ mn 57
Table 10. Global Operating Room AI Market by Indication, 2021-2031, $ mn 63
Table 11. Global Operating Room AI Market by End User, 2021-2031, $ mn 71
Table 12. Global Operating Room AI Market by Region, 2021-2031, $ mn 78
Table 13. Leading National Operating Room AI Market, 2021 and 2031, $ mn 80
Table 14. North America Operating Room AI Market by Country, 2021-2031, $ mn 83
Table 15. U.S. Operating Room AI Market by Offering, 2021-2031, $ mn 87
Table 16. U.S. Operating Room AI Market by Application, 2021-2031, $ mn 87
Table 17. U.S. Operating Room AI Market by Indication, 2021-2031, $ mn 87
Table 18. Canada Operating Room AI Market by Offering, 2021-2031, $ mn 89
Table 19. Canada Operating Room AI Market by Application, 2021-2031, $ mn 89
Table 20. Canada Operating Room AI Market by Indication, 2021-2031, $ mn 89
Table 21. Mexico Operating Room AI Market by Offering, 2021-2031, $ mn 91
Table 22. Mexico Operating Room AI Market by Application, 2021-2031, $ mn 91
Table 23. Mexico Operating Room AI Market by Indication, 2021-2031, $ mn 91
Table 24. Europe Operating Room AI Market by Country, 2021-2031, $ mn 95
Table 25. Germany Operating Room AI Market by Offering, 2021-2031, $ mn 97
Table 26. Germany Operating Room AI Market by Application, 2021-2031, $ mn 97
Table 27. Germany Operating Room AI Market by Indication, 2021-2031, $ mn 97
Table 28. U.K. Operating Room AI Market by Offering, 2021-2031, $ mn 99
Table 29. U.K. Operating Room AI Market by Application, 2021-2031, $ mn 99
Table 30. U.K. Operating Room AI Market by Indication, 2021-2031, $ mn 99
Table 31. France Operating Room AI Market by Offering, 2021-2031, $ mn 101
Table 32. France Operating Room AI Market by Application, 2021-2031, $ mn 101
Table 33. France Operating Room AI Market by Indication, 2021-2031, $ mn 101
Table 34. Spain Operating Room AI Market by Offering, 2021-2031, $ mn 103
Table 35. Spain Operating Room AI Market by Application, 2021-2031, $ mn 103
Table 36. Spain Operating Room AI Market by Indication, 2021-2031, $ mn 103
Table 37. Italy Operating Room AI Market by Offering, 2021-2031, $ mn 105
Table 38. Italy Operating Room AI Market by Application, 2021-2031, $ mn 105
Table 39. Italy Operating Room AI Market by Indication, 2021-2031, $ mn 105
Table 40. Sweden Operating Room AI Market by Offering, 2021-2031, $ mn 107
Table 41. Sweden Operating Room AI Market by Application, 2021-2031, $ mn 107
Table 42. Sweden Operating Room AI Market by Indication, 2021-2031, $ mn 107
Table 43. Operating Room AI Market in Rest of Europe by Country, 2021-2031, $ mn 109
Table 44. APAC Operating Room AI Market by Country, 2021-2031, $ mn 112
Table 45. Japan Operating Room AI Market by Offering, 2021-2031, $ mn 116
Table 46. Japan Operating Room AI Market by Application, 2021-2031, $ mn 116
Table 47. Japan Operating Room AI Market by Indication, 2021-2031, $ mn 116
Table 48. China Operating Room AI Market by Offering, 2021-2031, $ mn 118
Table 49. China Operating Room AI Market by Application, 2021-2031, $ mn 118
Table 50. China Operating Room AI Market by Indication, 2021-2031, $ mn 118
Table 51. Australia Operating Room AI Market by Offering, 2021-2031, $ mn 120
Table 52. Australia Operating Room AI Market by Application, 2021-2031, $ mn 120
Table 53. Australia Operating Room AI Market by Indication, 2021-2031, $ mn 120
Table 54. India Operating Room AI Market by Offering, 2021-2031, $ mn 122
Table 55. India Operating Room AI Market by Application, 2021-2031, $ mn 122
Table 56. India Operating Room AI Market by Indication, 2021-2031, $ mn 122
Table 57. South Korea Operating Room AI Market by Offering, 2021-2031, $ mn 124
Table 58. South Korea Operating Room AI Market by Application, 2021-2031, $ mn 124
Table 59. South Korea Operating Room AI Market by Indication, 2021-2031, $ mn 124
Table 60. Operating Room AI Market in Rest of APAC by Country/Region, 2021-2031, $ mn 126
Table 61. South America Operating Room AI Market by Country, 2021-2031, $ mn 129
Table 62. Argentina Operating Room AI Market by Offering, 2021-2031, $ mn 131
Table 63. Argentina Operating Room AI Market by Application, 2021-2031, $ mn 131
Table 64. Argentina Operating Room AI Market by Indication, 2021-2031, $ mn 131
Table 65. Brazil Operating Room AI Market by Offering, 2021-2031, $ mn 133
Table 66. Brazil Operating Room AI Market by Application, 2021-2031, $ mn 133
Table 67. Brazil Operating Room AI Market by Indication, 2021-2031, $ mn 133
Table 68. Chile Operating Room AI Market by Offering, 2021-2031, $ mn 135
Table 69. Chile Operating Room AI Market by Application, 2021-2031, $ mn 135
Table 70. Chile Operating Room AI Market by Indication, 2021-2031, $ mn 135
Table 71. MEA Operating Room AI Market by Country, 2021-2031, $ mn 139
Table 72. UAE Operating Room AI Market by Offering, 2021-2031, $ mn 141
Table 73. UAE Operating Room AI Market by Application, 2021-2031, $ mn 141
Table 74. UAE Operating Room AI Market by Indication, 2021-2031, $ mn 141
Table 75. Saudi Arabia Operating Room AI Market by Offering, 2021-2031, $ mn 143
Table 76. Saudi Arabia Operating Room AI Market by Application, 2021-2031, $ mn 143
Table 77. Saudi Arabia Operating Room AI Market by Indication, 2021-2031, $ mn 143
Table 78. Iran Operating Room AI Market by Offering, 2021-2031, $ mn 145
Table 79. Iran Operating Room AI Market by Application, 2021-2031, $ mn 145
Table 80. Iran Operating Room AI Market by Indication, 2021-2031, $ mn 145
Table 81. Breakdown of World Market by Key Vendor, 2021, % 149
Table 82. Main Product Offerings of Key Vendors 150
Table 83. Activ Surgical Inc.: Company Snapshot 153
Table 84. Activ Surgical Inc.: Business Segmentation 154
Table 85. Activ Surgical Inc.: Product Portfolio 154
List of Figures
Figure 1. Research Method Flow Chart 13
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 16
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031 18
Figure 4. Global Operating Room AI Market, 2021-2031, $ mn 21
Figure 5. Impact of COVID-19 on Business 24
Figure 6. Primary Drivers and Impact Factors of Global Operating Room AI Market 26
Figure 7. Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million 29
Figure 8. World Population 65 and Over, % of Total Population, 1950-2060 29
Figure 9. Primary Restraints and Impact Factors of Global Operating Room AI Market 31
Figure 10. Investment Opportunity Analysis 35
Figure 11. Porter’s Fiver Forces Analysis of Global Operating Room AI Market 38
Figure 12. Breakdown of Global Operating Room AI Market by Offering, 2021-2031, % of Revenue 43
Figure 13. Global Addressable Market Cap in 2022-2031 by Offering, Value ($ mn) and Share (%) 43
Figure 14. Global Operating Room AI Market by Offering: Hardware, 2021-2031, $ mn 44
Figure 15. Global Operating Room AI Market by Offering: Software, 2021-2031, $ mn 45
Figure 16. Breakdown of Global Operating Room AI Market by Technology, 2021-2031, % of Sales Revenue 47
Figure 17. Global Addressable Market Cap in 2022-2031 by Technology, Value ($ mn) and Share (%) 47
Figure 18. Global Operating Room AI Market by Technology: Machine Learning (ML), 2021-2031, $ mn 48
Figure 19. Global Operating Room AI Market by Technology: Deep Learning (DL), 2021-2031, $ mn 49
Figure 20. Global Operating Room AI Market by Technology: Natural Language Processing (NLP), 2021-2031, $ mn 50
Figure 21. Global Operating Room AI Market by Technology: Computer Vison and Others, 2021-2031, $ mn 51
Figure 22. Breakdown of Global Operating Room AI Market by Application, 2021-2031, % of Sales Revenue 53
Figure 23. Global Addressable Market Cap in 2022-2031 by Application, Value ($ mn) and Share (%) 53
Figure 24. Global Operating Room AI Market by Application: Training & Supporting, 2021-2031, $ mn 54
Figure 25. Global Operating Room AI Market by Application: Diagnosis & Monitoring, 2021-2031, $ mn 55
Figure 26. Global Operating Room AI Market by Application: Outcome & Risk Analysis, 2021-2031, $ mn 56
Figure 27. Global Operating Room AI Market by Application: Surgical Planning & Rehabilitation, 2021-2031, $ mn 57
Figure 28. Global Operating Room AI Market by Surgical Planning & Rehabilitation: Pre-Operative, 2021-2031, $ mn 58
Figure 29. Global Operating Room AI Market by Surgical Planning & Rehabilitation: Intra-Operative, 2021-2031, $ mn 59
Figure 30. Global Operating Room AI Market by Surgical Planning & Rehabilitation: Post-Operative, 2021-2031, $ mn 60
Figure 31. Global Operating Room AI Market by Application: Integration & Connectivity, 2021-2031, $ mn 61
Figure 32. Global Operating Room AI Market by Application: Other Applications, 2021-2031, $ mn 62
Figure 33. Breakdown of Global Operating Room AI Market by Indication, 2021-2031, % of Revenue 64
Figure 34. Global Addressable Market Cap in 2022-2031 by Indication, Value ($ mn) and Share (%) 64
Figure 35. Global Operating Room AI Market by Indication: Gastroenterology, 2021-2031, $ mn 65
Figure 36. Global Operating Room AI Market by Indication: Neurology, 2021-2031, $ mn 66
Figure 37. Global Operating Room AI Market by Indication: Urology, 2021-2031, $ mn 67
Figure 38. Global Operating Room AI Market by Indication: Orthopedics, 2021-2031, $ mn 68
Figure 39. Global Operating Room AI Market by Indication: Cardiology, 2021-2031, $ mn 69
Figure 40. Global Operating Room AI Market by Indication: Other Indications, 2021-2031, $ mn 70
Figure 41. Breakdown of Global Operating Room AI Market by End User, 2021-2031, % of Revenue 72
Figure 42. Global Addressable Market Cap in 2022-2031 by End User, Value ($ mn) and Share (%) 72
Figure 43. Global Operating Room AI Market by End User: Hospitals, 2021-2031, $ mn 73
Figure 44. Global Operating Room AI Market by End User: Ambulatory Surgical Centers (ASCs), 2021-2031, $ mn 74
Figure 45. Global Operating Room AI Market by End User: Standalone/Specialized Facilities, 2021-2031, $ mn 75
Figure 46. Global Operating Room AI Market by End User: Other End Users, 2021-2031, $ mn 76
Figure 47. Global Market Snapshot by Region 77
Figure 48. Geographic Spread of Worldwide Operating Room AI Market, 2021-2031, % of Sales Revenue 78
Figure 49. Global Addressable Market Cap in 2022-2031 by Region, Value ($ mn) and Share (%) 79
Figure 50. North American Operating Room AI Market, 2021-2031, $ mn 82
Figure 51. Breakdown of North America Operating Room AI Market by Country, 2021 and 2031, % of Revenue 83
Figure 52. Contribution to North America 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 84
Figure 53. U.S. Operating Room AI Market, 2021-2031, $ mn 86
Figure 54. Canada Operating Room AI Market, 2021-2031, $ mn 88
Figure 55. Operating Room AI Market in Mexico, 2021-2031, $ mn 90
Figure 56. European Operating Room AI Market, 2021-2031, $ mn 93
Figure 57. Breakdown of European Operating Room AI Market by Country, 2021 and 2031, % of Revenue 94
Figure 58. Contribution to Europe 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 95
Figure 59. Operating Room AI Market in Germany, 2021-2031, $ mn 96
Figure 60. Operating Room AI Market in U.K., 2021-2031, $ mn 98
Figure 61. Operating Room AI Market in France, 2021-2031, $ mn 100
Figure 62. Operating Room AI Market in Spain, 2021-2031, $ mn 102
Figure 63. Operating Room AI Market in Italy, 2021-2031, $ mn 104
Figure 64. Operating Room AI Market in Sweden, 2021-2031, $ mn 106
Figure 65. Operating Room AI Market in Rest of Europe, 2021-2031, $ mn 108
Figure 66. Asia-Pacific Operating Room AI Market, 2021-2031, $ mn 111
Figure 67. Breakdown of APAC Operating Room AI Market by Country, 2021 and 2031, % of Revenue 111
Figure 68. Contribution to APAC 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 113
Figure 69. Operating Room AI Market in Japan, 2021-2031, $ mn 115
Figure 70. Operating Room AI Market in China, 2021-2031, $ mn 117
Figure 71. Operating Room AI Market in Australia, 2021-2031, $ mn 119
Figure 72. Operating Room AI Market in India, 2021-2031, $ mn 121
Figure 73. Operating Room AI Market in South Korea, 2021-2031, $ mn 123
Figure 74. Operating Room AI Market in Rest of APAC, 2021-2031, $ mn 125
Figure 75. South America Operating Room AI Market, 2021-2031, $ mn 128
Figure 76. Breakdown of South America Operating Room AI Market by Country, 2021 and 2031, % of Revenue 128
Figure 77. Contribution to South America 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 129
Figure 78. Operating Room AI Market in Argentina, 2021-2031, $ mn 130
Figure 79. Operating Room AI Market in Brazil, 2021-2031, $ mn 132
Figure 80. Operating Room AI Market in Chile, 2021-2031, $ mn 134
Figure 81. Operating Room AI Market in Rest of South America, 2021-2031, $ mn 136
Figure 82. Operating Room AI Market in Middle East and Africa (MEA), 2021-2031, $ mn 138
Figure 83. Breakdown of MEA Operating Room AI Market by Country, 2021 and 2031, % of Revenue 138
Figure 84. Contribution to MEA 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 139
Figure 85. Operating Room AI Market in UAE, 2021-2031, $ mn 140
Figure 86. Operating Room AI Market in Saudi Arabia, 2021-2031, $ mn 142
Figure 87. Operating Room AI Market in Iran, 2021-2031, $ mn 144
Figure 88. Growth Stage of Global Operating Room AI Industry over the Forecast Period 147
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
Qualitative Research:
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
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