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Business Opportunities and Investment Strategies for Global Neurovascular Catheters Market 2024-2033

  • Report ID: 65701
  • Date: May, 2024
  • Pages: 182
  • Category: Healthcare & Pharmaceuticals


Opportunity and Strategy Analysis

This report focuses on identifying opportunities and strategies for investing in the global neurovascular catheters market within the forecast period. It provides a complete analysis of the global market both quantitatively and qualitatively. The quantitative analysis includes market size and revenue data of the total demand, sub-markets, and regional/national levels throughout 2024-2033. Qualitative analysis depicts a full picture of market dynamics and trends including drivers, restraints and challenges, emerging products/market trends, and Porter’s Fiver Forces analysis.

Based on the market data and analysis, the report highlights Increasingly Attractive Segments (IAS) and business opportunities in each segmentation. Moreover, a systematic evaluation of Internal Risks (factors arising within the industry development) and External Risks (factors arising from the surrounding environments) is provided for the neurovascular catheters industry and market. All the identified risk factors are measured quantitatively according to AMR’s novel numeric system, i.e. each risk is evaluated with AMR Risk Index Number (AMR RIN) and AMR Risk Intensity Level (AMR RIL).

This in-depth risk assessment offers a comprehensive understanding of the current risk factors and their developing trends. Furthermore, this report concludes risk management strategies and Critical Success Factors (CSFs) to help companies make intelligence-based business decisions in the global neurovascular catheters industry.

Market Coverage & Overview

The report is based on studies for 2021-2023 and provides a forecast from 2024 till 2033 with 2023 as the base year. Considering impact of COVID-19 and regional conflicts such as Russia-Ukraine war, the trend and outlook of global market is forecast in optimistic, balanced, and conservative scenarios. In the balanced view, the global neurovascular catheters market is expected to reach $8.20 billion by 2033, growing by 8.6% annually over the coming years. In terms of sales volume, the global market will grow by 7.8% over the forecast years to reach 33.52 million units in 2033.

Segmentation Analysis

Highlighted with 90 tables and 94 figures, this 182-page report represents a 360-degree view on the global market with extensively detailed segmentations by Product, Application, End User, and Region/Country as shown below. Annual revenue 2024-2033 for each segment is included in the report.

By Product

• Microcatheters
• Balloon Catheters
• Access Catheters
• Embolization Catheters
• Other Products

By Application

• Brain Aneurysms
• Embolic Stroke
• Arteriovenous Malformations
• Other Applications

By End User

• Hospitals
• Clinics
• Ambulatory Surgical Centers
• Diagnostic Centers

By Region

• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, 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, Colombia, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa, and Rest of MEA)

The breakdown of all regional markets by country and the breakdown of each national market by Product, Application, and End User over the forecast years are also included.

Key Companies

The report also covers the current competitive scenario and profiles key vendors including market leaders and important emerging players.

A selection of companies profiled in this report includes:

• Acandis GmbH
• Balt USA LLC
• Biomerics LLC
• Imperative Care Inc.
• Integer Holdings Corporation (CODMAN NEURO)
• Johnson & Johnson Services, Inc.
• Medtronic Plc
• Microvention Inc. (TERUMO CORPORATION)
• Penumbra, Inc.
• Raumedic AG (REHAU Industries SE & Co. KG)
• Spiegelberg Gmbh & Co. Kg
• Stryker Corporation
• Teleflex Incorporated
• Zeus Industrial Products Inc.

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 23
2.1.2 Impact of COVID-19 on the Market 27
2.1.3 Impact of Russia-Ukraine Conflict 29
2.1.4 Impact of Israel-Palestine War 31
2.2 Major Growth Drivers 32
2.3 Market Restraints and Challenges 38
2.4 Emerging Opportunities and Market Trends 41
2.5 Porter’s Fiver Forces Analysis 44
3 Segmentation of Global Market by Product 48
3.1 Market Overview by Product 48
3.2 Microcatheters 53
3.3 Balloon Catheters 55
3.4 Access Catheters 57
3.5 Embolization Catheters 59
3.6 Other Products 61
4 Segmentation of Global Market by Application 63
4.1 Market Overview by Application 63
4.2 Brain Aneurysms 66
4.3 Embolic Stroke 67
4.4 Arteriovenous Malformations 68
4.5 Other Applications 69
5 Segmentation of Global Market by End User 70
5.1 Market Overview by End User 70
5.2 Hospitals 73
5.3 Clinics 74
5.4 Ambulatory Surgical Centers 75
5.5 Diagnostic Centers 76
6 Segmentation of Global Market by Region 77
6.1 Geographic Market Overview 2023-2033 77
6.2 North America Market 2023-2033 by Country 84
6.2.1 Overview of North America Market 84
6.2.2 U.S. 88
6.2.3 Canada 91
6.2.4 Mexico 93
6.3 European Market 2023-2033 by Country 95
6.3.1 Overview of European Market 95
6.3.2 Germany 99
6.3.3 U.K. 101
6.3.4 France 103
6.3.5 Spain 105
6.3.6 Italy 107
6.3.7 Russia 109
6.3.8 Rest of European Market 111
6.4 Asia-Pacific Market 2023-2033 by Country 113
6.4.1 Overview of Asia-Pacific Market 113
6.4.2 Japan 117
6.4.3 China 120
6.4.4 Australia 122
6.4.5 India 124
6.4.6 South Korea 126
6.4.7 Rest of APAC Region 128
6.5 South America Market 2023-2033 by Country 130
6.5.1 Argentina 134
6.5.2 Brazil 136
6.5.3 Colombia 138
6.5.4 Rest of South America Market 140
6.6 MEA Market 2023-2033 by Country 141
6.6.1 UAE 145
6.6.2 Saudi Arabia 147
6.6.3 South Africa 149
6.6.4 Other National Markets 151
7 Competitive Landscape 152
7.1 Overview of Key Vendors 152
7.2 New Product Launch, Partnership, Investment, and M&A 156
7.3 Company Profiles 157
Acandis GmbH 157
Balt USA LLC 159
Biomerics LLC 160
Imperative Care Inc. 161
Integer Holdings Corporation (CODMAN NEURO) 162
Johnson & Johnson Services, Inc. 163
Medtronic Plc 164
Microvention Inc. (TERUMO CORPORATION) 165
Penumbra, Inc. 166
Raumedic AG (REHAU Industries SE & Co. KG) 167
Spiegelberg Gmbh & Co. Kg 168
Stryker Corporation 169
Teleflex Incorporated 170
Zeus Industrial Products Inc. 171
8 Investing in Neurovascular Catheters Industry: Risk Assessment and Management 172
8.1 Risk Evaluation of Global Market 172
8.2 Critical Success Factors (CSFs) 179
RELATED REPORTS 182


List of Tables



Table 1. Snapshot of Global Neurovascular Catheters Market in Balanced Perspective, 2023-2033 19
Table 2. World Economic Outlook, 2024-2036 24
Table 3. World Economic Outlook, 2022-2024 26
Table 4. Scenarios for Economic Impact of Ukraine Crisis 30
Table 5. Scenarios for Economic Impact of Israel-Palestine War 31
Table 6. Clinical Trials about Neurovascular Catheters 35
Table 7. World Health Spending by Region, $ bn, 2013-2020 37
Table 8. Main Product Trends and Market Opportunities in Global Neurovascular Catheters Market 41
Table 9. Global Neurovascular Catheters Market by Product, 2023-2033, $ mn 49
Table 10. Global Neurovascular Catheters Market by Product, 2023-2033, million units 51
Table 11. Global Neurovascular Catheters Market by Application, 2023-2033, $ mn 64
Table 12. Global Neurovascular Catheters Market by End User, 2023-2033, $ mn 71
Table 13. Global Neurovascular Catheters Market by Region, 2023-2033, $ mn 79
Table 14. Global Neurovascular Catheters Market by Region, 2023-2033, million units 81
Table 15. Leading National Neurovascular Catheters Market, 2023 and 2033, $ mn 83
Table 16. North America Neurovascular Catheters Market by Country, 2023-2033, $ mn 86
Table 17. U.S. Neurovascular Catheters Market by Product, 2023-2033, $ mn 90
Table 18. U.S. Neurovascular Catheters Market by Application, 2023-2033, $ mn 90
Table 19. U.S. Neurovascular Catheters Market by End User, 2023-2033, $ mn 90
Table 20. Canada Neurovascular Catheters Market by Product, 2023-2033, $ mn 92
Table 21. Canada Neurovascular Catheters Market by Application, 2023-2033, $ mn 92
Table 22. Canada Neurovascular Catheters Market by End User, 2023-2033, $ mn 92
Table 23. Mexico Neurovascular Catheters Market by Product, 2023-2033, $ mn 94
Table 24. Mexico Neurovascular Catheters Market by Application, 2023-2033, $ mn 94
Table 25. Mexico Neurovascular Catheters Market by End User, 2023-2033, $ mn 94
Table 26. Europe Neurovascular Catheters Market by Country, 2023-2033, $ mn 97
Table 27. Germany Neurovascular Catheters Market by Product, 2023-2033, $ mn 100
Table 28. Germany Neurovascular Catheters Market by Application, 2023-2033, $ mn 100
Table 29. Germany Neurovascular Catheters Market by End User, 2023-2033, $ mn 100
Table 30. U.K. Neurovascular Catheters Market by Product, 2023-2033, $ mn 102
Table 31. U.K. Neurovascular Catheters Market by Application, 2023-2033, $ mn 102
Table 32. U.K. Neurovascular Catheters Market by End User, 2023-2033, $ mn 102
Table 33. France Neurovascular Catheters Market by Product, 2023-2033, $ mn 104
Table 34. France Neurovascular Catheters Market by Application, 2023-2033, $ mn 104
Table 35. France Neurovascular Catheters Market by End User, 2023-2033, $ mn 104
Table 36. Spain Neurovascular Catheters Market by Product, 2023-2033, $ mn 106
Table 37. Spain Neurovascular Catheters Market by Application, 2023-2033, $ mn 106
Table 38. Spain Neurovascular Catheters Market by End User, 2023-2033, $ mn 106
Table 39. Italy Neurovascular Catheters Market by Product, 2023-2033, $ mn 108
Table 40. Italy Neurovascular Catheters Market by Application, 2023-2033, $ mn 108
Table 41. Italy Neurovascular Catheters Market by End User, 2023-2033, $ mn 108
Table 42. Russia Neurovascular Catheters Market by Product, 2023-2033, $ mn 110
Table 43. Russia Neurovascular Catheters Market by Application, 2023-2033, $ mn 110
Table 44. Russia Neurovascular Catheters Market by End User, 2023-2033, $ mn 110
Table 45. Neurovascular Catheters Market in Rest of Europe by Country, 2023-2033, $ mn 112
Table 46. APAC Neurovascular Catheters Market by Country, 2023-2033, $ mn 115
Table 47. Japan Neurovascular Catheters Market by Product, 2023-2033, $ mn 119
Table 48. Japan Neurovascular Catheters Market by Application, 2023-2033, $ mn 119
Table 49. Japan Neurovascular Catheters Market by End User, 2023-2033, $ mn 119
Table 50. China Neurovascular Catheters Market by Product, 2023-2033, $ mn 121
Table 51. China Neurovascular Catheters Market by Application, 2023-2033, $ mn 121
Table 52. China Neurovascular Catheters Market by End User, 2023-2033, $ mn 121
Table 53. Australia Neurovascular Catheters Market by Product, 2023-2033, $ mn 123
Table 54. Australia Neurovascular Catheters Market by Application, 2023-2033, $ mn 123
Table 55. Australia Neurovascular Catheters Market by End User, 2023-2033, $ mn 123
Table 56. India Neurovascular Catheters Market by Product, 2023-2033, $ mn 125
Table 57. India Neurovascular Catheters Market by Application, 2023-2033, $ mn 125
Table 58. India Neurovascular Catheters Market by End User, 2023-2033, $ mn 125
Table 59. South Korea Neurovascular Catheters Market by Product, 2023-2033, $ mn 127
Table 60. South Korea Neurovascular Catheters Market by Application, 2023-2033, $ mn 127
Table 61. South Korea Neurovascular Catheters Market by End User, 2023-2033, $ mn 127
Table 62. Neurovascular Catheters Market in Rest of APAC by Country/Region, 2023-2033, $ mn 129
Table 63. South America Neurovascular Catheters Market by Country, 2023-2033, $ mn 132
Table 64. Argentina Neurovascular Catheters Market by Product, 2023-2033, $ mn 135
Table 65. Argentina Neurovascular Catheters Market by Application, 2023-2033, $ mn 135
Table 66. Argentina Neurovascular Catheters Market by End User, 2023-2033, $ mn 135
Table 67. Brazil Neurovascular Catheters Market by Product, 2023-2033, $ mn 137
Table 68. Brazil Neurovascular Catheters Market by Application, 2023-2033, $ mn 137
Table 69. Brazil Neurovascular Catheters Market by End User, 2023-2033, $ mn 137
Table 70. Colombia Neurovascular Catheters Market by Product, 2023-2033, $ mn 139
Table 71. Colombia Neurovascular Catheters Market by Application, 2023-2033, $ mn 139
Table 72. Colombia Neurovascular Catheters Market by End User, 2023-2033, $ mn 139
Table 73. MEA Neurovascular Catheters Market by Country, 2023-2033, $ mn 143
Table 74. UAE Neurovascular Catheters Market by Product, 2023-2033, $ mn 146
Table 75. UAE Neurovascular Catheters Market by Application, 2023-2033, $ mn 146
Table 76. UAE Neurovascular Catheters Market by End User, 2023-2033, $ mn 146
Table 77. Saudi Arabia Neurovascular Catheters Market by Product, 2023-2033, $ mn 148
Table 78. Saudi Arabia Neurovascular Catheters Market by Application, 2023-2033, $ mn 148
Table 79. Saudi Arabia Neurovascular Catheters Market by End User, 2023-2033, $ mn 148
Table 80. South Africa Neurovascular Catheters Market by Product, 2023-2033, $ mn 150
Table 81. South Africa Neurovascular Catheters Market by Application, 2023-2033, $ mn 150
Table 82. South Africa Neurovascular Catheters Market by End User, 2023-2033, $ mn 150
Table 83. Breakdown of World Market by Key Vendor, 2023, % 154
Table 84. Acandis GmbH: Company Snapshot 157
Table 85. Acandis GmbH: Business Segmentation 158
Table 86. Acandis GmbH: Product Portfolio 158
Table 87. List of Risk Factors and Weight Percentages/Theoretical Maximum 173
Table 88. Definition of GMD Relative Risk Index Number (Relative RIN) and GMD Risk Intensity Level (RIL) 175
Table 89. Risk Evaluation for Investing in Global Market, 2023-2033 176
Table 90. Critical Success Factors and Key Takeaways 180


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, 2023-2033 18
Figure 4. Global Neurovascular Catheters Market by Value, 2023-2033, $ mn 21
Figure 5. Global Neurovascular Catheters Market by Volume, 2023-2033, million units 22
Figure 6. Impact of COVID-19 on Business 27
Figure 7. Primary Drivers and Impact Factors of Global Neurovascular Catheters Market 32
Figure 8. Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million 36
Figure 9. World Population 65 and Over, % of Total Population, 1950-2060 36
Figure 10. Primary Restraints and Impact Factors of Global Neurovascular Catheters Market 38
Figure 11. Porter’s Fiver Forces Analysis of Global Neurovascular Catheters Market 44
Figure 12. Growth Opportunity Analysis by Product 48
Figure 13. Breakdown of Global Neurovascular Catheters Market by Product, 2023-2033, % of Revenue 49
Figure 14. Global Addressable Market Cap in 2024-2033 by Product, Value ($ mn) and Share (%) 50
Figure 15. Breakdown of Global Neurovascular Catheters Market by Product, 2023-2033, % of Volume 51
Figure 16. Global Addressable Market Cap in 2024-2033 by Product, Volume (million units) and Share (%) 52
Figure 17. Global Neurovascular Catheters Market by Product: Microcatheters, 2023-2033, $ mn 53
Figure 18. Global Neurovascular Catheters Market by Product: Microcatheters, 2023-2033, million units 54
Figure 19. Global Neurovascular Catheters Market by Product: Balloon Catheters, 2023-2033, $ mn 55
Figure 20. Global Neurovascular Catheters Market by Product: Balloon Catheters, 2023-2033, million units 56
Figure 21. Global Neurovascular Catheters Market by Product: Access Catheters, 2023-2033, $ mn 57
Figure 22. Global Neurovascular Catheters Market by Product: Access Catheters, 2023-2033, million units 58
Figure 23. Global Neurovascular Catheters Market by Product: Embolization Catheters, 2023-2033, $ mn 59
Figure 24. Global Neurovascular Catheters Market by Product: Embolization Catheters, 2023-2033, million units 60
Figure 25. Global Neurovascular Catheters Market by Product: Other Products, 2023-2033, $ mn 61
Figure 26. Global Neurovascular Catheters Market by Product: Other Products, 2023-2033, million units 62
Figure 27. Growth Opportunity Analysis by Application 63
Figure 28. Breakdown of Global Neurovascular Catheters Market by Application, 2023-2033, % of Sales Revenue 64
Figure 29. Global Addressable Market Cap in 2024-2033 by Application, Value ($ mn) and Share (%) 65
Figure 30. Global Neurovascular Catheters Market by Application: Brain Aneurysms, 2023-2033, $ mn 66
Figure 31. Global Neurovascular Catheters Market by Application: Embolic Stroke, 2023-2033, $ mn 67
Figure 32. Global Neurovascular Catheters Market by Application: Arteriovenous Malformations, 2023-2033, $ mn 68
Figure 33. Global Neurovascular Catheters Market by Application: Other Applications, 2023-2033, $ mn 69
Figure 34. Growth Opportunity Analysis by End User 70
Figure 35. Breakdown of Global Neurovascular Catheters Market by End User, 2023-2033, % of Revenue 71
Figure 36. Global Addressable Market Cap in 2024-2033 by End User, Value ($ mn) and Share (%) 72
Figure 37. Global Neurovascular Catheters Market by End User: Hospitals, 2023-2033, $ mn 73
Figure 38. Global Neurovascular Catheters Market by End User: Clinics, 2023-2033, $ mn 74
Figure 39. Global Neurovascular Catheters Market by End User: Ambulatory Surgical Centers, 2023-2033, $ mn 75
Figure 40. Global Neurovascular Catheters Market by End User: Diagnostic Centers, 2023-2033, $ mn 76
Figure 41. Global Market Snapshot by Region 77
Figure 42. Growth Opportunity Analysis of Global Market by Region 78
Figure 43. Geographic Spread of Worldwide Neurovascular Catheters Market, 2023-2033, % of Sales Revenue 79
Figure 44. Global Addressable Market Cap in 2024-2033 by Region, Value ($ mn) and Share (%) 80
Figure 45. Geographic Spread of Worldwide Neurovascular Catheters Market, 2023-2033, % of Sales Volume 81
Figure 46. Global Addressable Market Cap in 2024-2033 by Region, Volume (million units) and Share (%) 82
Figure 47. North American Neurovascular Catheters Market, 2023-2033, $ mn 85
Figure 48. Growth Opportunity Analysis of North America Market by Country 85
Figure 49. Breakdown of North America Neurovascular Catheters Market by Country, 2023 and 2033, % of Revenue 86
Figure 50. Contribution to North America 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 87
Figure 51. U.S. Neurovascular Catheters Market, 2023-2033, $ mn 89
Figure 52. Canada Neurovascular Catheters Market, 2023-2033, $ mn 91
Figure 53. Neurovascular Catheters Market in Mexico, 2023-2033, $ mn 93
Figure 54. European Neurovascular Catheters Market, 2023-2033, $ mn 96
Figure 55. Growth Opportunity Analysis of Europe Market by Country 96
Figure 56. Breakdown of European Neurovascular Catheters Market by Country, 2023 and 2033, % of Revenue 97
Figure 57. Contribution to Europe 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 98
Figure 58. Neurovascular Catheters Market in Germany, 2023-2033, $ mn 99
Figure 59. Neurovascular Catheters Market in U.K., 2023-2033, $ mn 101
Figure 60. Neurovascular Catheters Market in France, 2023-2033, $ mn 103
Figure 61. Neurovascular Catheters Market in Spain, 2023-2033, $ mn 105
Figure 62. Neurovascular Catheters Market in Italy, 2023-2033, $ mn 107
Figure 63. Neurovascular Catheters Market in Russia, 2023-2033, $ mn 109
Figure 64. Neurovascular Catheters Market in Rest of Europe, 2023-2033, $ mn 111
Figure 65. Asia-Pacific Neurovascular Catheters Market, 2023-2033, $ mn 114
Figure 66. Growth Opportunity Analysis of Asia-Pacific Market by Country 114
Figure 67. Breakdown of APAC Neurovascular Catheters Market by Country, 2023 and 2033, % of Revenue 115
Figure 68. Contribution to APAC 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 116
Figure 69. Neurovascular Catheters Market in Japan, 2023-2033, $ mn 118
Figure 70. Neurovascular Catheters Market in China, 2023-2033, $ mn 120
Figure 71. Neurovascular Catheters Market in Australia, 2023-2033, $ mn 122
Figure 72. Neurovascular Catheters Market in India, 2023-2033, $ mn 124
Figure 73. Neurovascular Catheters Market in South Korea, 2023-2033, $ mn 126
Figure 74. Neurovascular Catheters Market in Rest of APAC, 2023-2033, $ mn 128
Figure 75. South America Neurovascular Catheters Market, 2023-2033, $ mn 131
Figure 76. Growth Opportunity Analysis of South America Market by Country 131
Figure 77. Breakdown of South America Neurovascular Catheters Market by Country, 2023 and 2033, % of Revenue 132
Figure 78. Contribution to South America 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 133
Figure 79. Neurovascular Catheters Market in Argentina, 2023-2033, $ mn 134
Figure 80. Neurovascular Catheters Market in Brazil, 2023-2033, $ mn 136
Figure 81. Neurovascular Catheters Market in Colombia, 2023-2033, $ mn 138
Figure 82. Neurovascular Catheters Market in Rest of South America, 2023-2033, $ mn 140
Figure 83. Neurovascular Catheters Market in Middle East and Africa (MEA), 2023-2033, $ mn 142
Figure 84. Growth Opportunity Analysis of MEA Market by Country 142
Figure 85. Breakdown of MEA Neurovascular Catheters Market by Country, 2023 and 2033, % of Revenue 143
Figure 86. Contribution to MEA 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 144
Figure 87. Neurovascular Catheters Market in UAE, 2023-2033, $ mn 145
Figure 88. Neurovascular Catheters Market in Saudi Arabia, 2023-2033, $ mn 147
Figure 89. Neurovascular Catheters Market in South Africa, 2023-2033, $ mn 149
Figure 90. Neurovascular Catheters Market in the Rest of MEA, 2023-2033, $ mn 151
Figure 91. Growth Stage of Global Neurovascular Catheters Industry over the Forecast Period 152
Figure 92. Comparison of Risk Factors by GMD RIN in 2023 176
Figure 93. GMD Relative RIN of Internal Risk Factors in 2023 on Radar Chart 177
Figure 94. GMD Relative RIN of External Risk Factors in 2023 on Radar Chart 177

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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