Transcatheter Pulmonary Valve Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type
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Introduction
Transcatheter pulmonary valves (TPVs), used for conditions like pulmonary stenosis and regurgitation, offer minimally invasive solutions for congenital heart disease (CHD), affecting 1.35 million newborns annually. TPVs reduce recovery time by 50% and repeat surgery risks by 20%-30%. The market is driven by rising CHD survival rates, aging CHD patients, and CVD prevalence (300 million cases in China). Innovations like self-expanding valves and AI-assisted planning enhance outcomes. The global market is projected to reach between USD 40 million and USD 60 million in 2025, with a CAGR of 4.2% to 5.9% through 2030.
Regional Analysis
North America: The U.S. leads with advanced CHD care, while Canada focuses on pediatric interventions.
Europe: Germany, France, and the UK drive demand due to robust cardiology systems.
Asia Pacific: China sees growth from high CVD prevalence, while Japan emphasizes elderly CHD care.
Rest of the World: Brazil expands cardiac services, and the Middle East invests in microinvasive tech.
Application Analysis
Pulmonary Stenosis: Expected growth of 4.3%-6.0%, driven by CHD cases. Trends focus on early intervention.
Pulmonary Regurgitation: Projected growth of 4.2%-5.9%, linked to post-surgical needs. Developments emphasize durability.
Pulmonary Atresia: Anticipated growth of 4.4%-6.1%, suited for complex cases. Advances prioritize precision.
Others: Expected growth of 4.1%-5.8%, covering niche uses. Trends lean toward versatility.
Type Analysis
Balloon Expanded Transcatheter Valve: Expected growth of 4.3%-6.0%, valued for reliability. Trends highlight broad adoption.
Self Expanded Transcatheter Valve: Projected growth of 4.4%-6.1%, key for anatomical flexibility. Advances focus on innovation.
Key Market Players
Leading firms include Medtronic, relaunching Harmony; Edwards Lifesciences Corporation, offering SAPIEN 3; Boston Scientific Corporation, supporting cardiac tech; Abbott Laboratories, enhancing interventions; Venus Medtech, launching VenusP-Valve; Braile Biomedica, scaling solutions; JenaValve Technology, targeting precision; Artivion, advancing CHD care; LivaNova, boosting cardiology; and MicroPort, innovating in valves.
Porter's Five Forces Analysis
Threat of New Entrants: Moderate, due to high regulatory and capital barriers, though niche innovators can enter.
Threat of Substitutes: Moderate, as surgical valves compete, but TPVs offer unique minimally invasive benefits.
Bargaining Power of Buyers: Moderate, with facilities seeking effective, cost-efficient valves, though specialized needs limit options.
Bargaining Power of Suppliers: Low, with multiple material providers.
Competitive Rivalry: High, with competition on durability, flexibility, and AI integration.
Market Opportunities and Challenges
Opportunities:
CHD (1.35 million cases) and CVD (17.5 million deaths) drive demand.
Aging populations (780 million over 65) boost needs, while AI and self-expanding valves enhance adoption.
Subsidies (80% Medicare coverage) increase usage.
Challenges:
High costs limit access in low-income regions.
Regulatory delays for new valves slow growth.
Limited interventional cardiologists restrict expansion.
Market News
In January 2022, CryoLife, Inc. rebranded to Artivion, Inc.
In June 2024, Venus Medtech implanted its VenusP-Valve in the PROTEUS study.
In February 2023, Medtronic relaunched the Harmony TPV system, approved in Japan.
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Transcatheter Pulmonary Valve Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of Transcatheter Pulmonary Valve by Region
8.2 Import of Transcatheter Pulmonary Valve by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast Transcatheter Pulmonary Valve Market in North America (2020-2030)
9.1 Transcatheter Pulmonary Valve Market Size
9.2 Transcatheter Pulmonary Valve Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast Transcatheter Pulmonary Valve Market in South America (2020-2030)
10.1 Transcatheter Pulmonary Valve Market Size
10.2 Transcatheter Pulmonary Valve Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast Transcatheter Pulmonary Valve Market in Asia & Pacific (2020-2030)
11.1 Transcatheter Pulmonary Valve Market Size
11.2 Transcatheter Pulmonary Valve Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.5.5 Southest Asia
11.5.6 Australia
Chapter 12 Historical and Forecast Transcatheter Pulmonary Valve Market in Europe (2020-2030)
12.1 Transcatheter Pulmonary Valve Market Size
12.2 Transcatheter Pulmonary Valve Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 United Kingdom
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia
Chapter 13 Historical and Forecast Transcatheter Pulmonary Valve Market in MEA (2020-2030)
13.1 Transcatheter Pulmonary Valve Market Size
13.2 Transcatheter Pulmonary Valve Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Israel
13.5.3 South Africa
13.5.4 Gulf Cooperation Council Countries
13.5.5 Turkey
Chapter 14 Summary For Global Transcatheter Pulmonary Valve Market (2020-2025)
14.1 Transcatheter Pulmonary Valve Market Size
14.2 Transcatheter Pulmonary Valve Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price
Chapter 15 Global Transcatheter Pulmonary Valve Market Forecast (2025-2030)
15.1 Transcatheter Pulmonary Valve Market Size Forecast
15.2 Transcatheter Pulmonary Valve Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast
Chapter 16 Analysis of Global Key Vendors
15.1 Medtronic
15.1.1 Company Profile
15.1.2 Main Business and Transcatheter Pulmonary Valve Information
15.1.3 SWOT Analysis of Medtronic
15.1.4 Medtronic Transcatheter Pulmonary Valve Sales, Revenue, Price and Gross Margin (2020-2025)
15.2 Edwards Lifesciences Corporation
15.2.1 Company Profile
15.2.2 Main Business and Transcatheter Pulmonary Valve Information
15.2.3 SWOT Analysis of Edwards Lifesciences Corporation
15.2.4 Edwards Lifesciences Corporation Transcatheter Pulmonary Valve Sales, Revenue, Price and Gross Margin (2020-2025)
15.3 Boston Scientific Corporation
15.3.1 Company Profile
15.3.2 Main Business and Transcatheter Pulmonary Valve Information
15.3.3 SWOT Analysis of Boston Scientific Corporation
15.3.4 Boston Scientific Corporation Transcatheter Pulmonary Valve Sales, Revenue, Price and Gross Margin (2020-2025)
15.4 Abbott Laboratories
15.4.1 Company Profile
15.4.2 Main Business and Transcatheter Pulmonary Valve Information
15.4.3 SWOT Analysis of Abbott Laboratories
15.4.4 Abbott Laboratories Transcatheter Pulmonary Valve Sales, Revenue, Price and Gross Margin (2020-2025)
15.5 Venus Medtech
15.5.1 Company Profile
15.5.2 Main Business and Transcatheter Pulmonary Valve Information
15.5.3 SWOT Analysis of Venus Medtech
15.5.4 Venus Medtech Transcatheter Pulmonary Valve Sales, Revenue, Price and Gross Margin (2020-2025)
15.6 Braile Biomedica
15.6.1 Company Profile
15.6.2 Main Business and Transcatheter Pulmonary Valve Information
15.6.3 SWOT Analysis of Braile Biomedica
15.6.4 Braile Biomedica Transcatheter Pulmonary Valve Sales, Revenue, Price and Gross Margin (2020-2025)
15.7 JenaValve Technology
15.7.1 Company Profile
15.7.2 Main Business and Transcatheter Pulmonary Valve Information
15.7.3 SWOT Analysis of JenaValve Technology
15.7.4 JenaValve Technology Transcatheter Pulmonary Valve Sales, Revenue, Price and Gross Margin (2020-2025)
15.8 Artivion
15.8.1 Company Profile
15.8.2 Main Business and Transcatheter Pulmonary Valve Information
15.8.3 SWOT Analysis of Artivion
15.8.4 Artivion Transcatheter Pulmonary Valve Sales, Revenue, Price and Gross Margin (2020-2025)
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Table Research Scope Of Transcatheter Pulmonary Valve Report
Table Data Sources Of Transcatheter Pulmonary Valve Report
Table Major Assumptions Of Transcatheter Pulmonary Valve Report
Table Transcatheter Pulmonary Valve Classification
Table Transcatheter Pulmonary Valve Applications List
Table Drivers Of Transcatheter Pulmonary Valve Market
Table Restraints Of Transcatheter Pulmonary Valve Market
Table Opportunities Of Transcatheter Pulmonary Valve Market
Table Threats Of Transcatheter Pulmonary Valve Market
Table Raw Materials Suppliers List
Table Different Production Methods Of Transcatheter Pulmonary Valve
Table Cost Structure Analysis Of Transcatheter Pulmonary Valve
Table Key End Users List
Table Latest News Of Transcatheter Pulmonary Valve Market
Table Merger And Acquisition List
Table Planned/Future Project Of Transcatheter Pulmonary Valve Market
Table Policy Of Transcatheter Pulmonary Valve Market
Table 2020-2030 Regional Export Of Transcatheter Pulmonary Valve
Table 2020-2030 Regional Import Of Transcatheter Pulmonary Valve
Table 2020-2030 Regional Trade Balance
Table 2020-2030 North America Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 North America Transcatheter Pulmonary Valve Demand List By Application
Table 2020-2025 North America Transcatheter Pulmonary Valve Key Players Sales List
Table 2020-2025 North America Transcatheter Pulmonary Valve Key Players Market Share List
Table 2020-2030 North America Transcatheter Pulmonary Valve Demand List By Type
Table 2020-2025 North America Transcatheter Pulmonary Valve Price List By Type
Table 2020-2030 United States Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 United States Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 Canada Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 Canada Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 Mexico Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 Mexico Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 South America Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 South America Transcatheter Pulmonary Valve Demand List By Application
Table 2020-2025 South America Transcatheter Pulmonary Valve Key Players Sales List
Table 2020-2025 South America Transcatheter Pulmonary Valve Key Players Market Share List
Table 2020-2030 South America Transcatheter Pulmonary Valve Demand List By Type
Table 2020-2025 South America Transcatheter Pulmonary Valve Price List By Type
Table 2020-2030 Brazil Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 Brazil Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 Argentina Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 Argentina Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 Chile Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 Chile Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 Peru Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 Peru Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 Asia & Pacific Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 Asia & Pacific Transcatheter Pulmonary Valve Demand List By Application
Table 2020-2025 Asia & Pacific Transcatheter Pulmonary Valve Key Players Sales List
Table 2020-2025 Asia & Pacific Transcatheter Pulmonary Valve Key Players Market Share List
Table 2020-2030 Asia & Pacific Transcatheter Pulmonary Valve Demand List By Type
Table 2020-2025 Asia & Pacific Transcatheter Pulmonary Valve Price List By Type
Table 2020-2030 China Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 China Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 India Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 India Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 Japan Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 Japan Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 South Korea Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 South Korea Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 Southeast Asia Transcatheter Pulmonary Valve Market Size List
Table 2020-2030 Southeast Asia Transcatheter Pulmonary Valve Market Volume List
Table 2020-2030 Southeast Asia Transcatheter Pulmonary Valve Import List
Table 2020-2030 Southeast Asia Transcatheter Pulmonary Valve Export List
Table 2020-2030 Australia Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 Australia Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 Europe Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 Europe Transcatheter Pulmonary Valve Demand List By Application
Table 2020-2025 Europe Transcatheter Pulmonary Valve Key Players Sales List
Table 2020-2025 Europe Transcatheter Pulmonary Valve Key Players Market Share List
Table 2020-2030 Europe Transcatheter Pulmonary Valve Demand List By Type
Table 2020-2025 Europe Transcatheter Pulmonary Valve Price List By Type
Table 2020-2030 Germany Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 Germany Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 France Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 France Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 United Kingdom Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 United Kingdom Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 Italy Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 Italy Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 Spain Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 Spain Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 Belgium Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 Belgium Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 Netherlands Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 Netherlands Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 Austria Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 Austria Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 Poland Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 Poland Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 Russia Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 Russia Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 Mea Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 Mea Transcatheter Pulmonary Valve Demand List By Application
Table 2020-2025 Mea Transcatheter Pulmonary Valve Key Players Sales List
Table 2020-2025 Mea Transcatheter Pulmonary Valve Key Players Market Share List
Table 2020-2030 Mea Transcatheter Pulmonary Valve Demand List By Type
Table 2020-2025 Mea Transcatheter Pulmonary Valve Price List By Type
Table 2020-2030 Egypt Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 Egypt Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 Israel Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 Israel Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 South Africa Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 South Africa Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 Gulf Cooperation Council Countries Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 Gulf Cooperation Council Countries Transcatheter Pulmonary Valve Import & Export List
Table 2020-2030 Turkey Transcatheter Pulmonary Valve Market Size And Market Volume List
Table 2020-2030 Turkey Transcatheter Pulmonary Valve Import & Export List
Table 2020-2025 Global Transcatheter Pulmonary Valve Market Size List By Region
Table 2020-2025 Global Transcatheter Pulmonary Valve Market Size Share List By Region
Table 2020-2025 Global Transcatheter Pulmonary Valve Market Volume List By Region
Table 2020-2025 Global Transcatheter Pulmonary Valve Market Volume Share List By Region
Table 2020-2025 Global Transcatheter Pulmonary Valve Demand List By Application
Table 2020-2025 Global Transcatheter Pulmonary Valve Demand Market Share List By Application
Table 2020-2025 Global Transcatheter Pulmonary Valve Key Vendors Sales List
Table 2020-2025 Global Transcatheter Pulmonary Valve Key Vendors Sales Share List
Table 2020-2025 Global Transcatheter Pulmonary Valve Key Vendors Revenue List
Table 2020-2025 Global Transcatheter Pulmonary Valve Key Vendors Revenue Share List
Table 2020-2025 Global Transcatheter Pulmonary Valve Demand List By Type
Table 2020-2025 Global Transcatheter Pulmonary Valve Demand Market Share List By Type
Table 2020-2025 Regional Transcatheter Pulmonary Valve Price List
Table 2025-2030 Global Transcatheter Pulmonary Valve Market Size List By Region
Table 2025-2030 Global Transcatheter Pulmonary Valve Market Size Share List By Region
Table 2025-2030 Global Transcatheter Pulmonary Valve Market Volume List By Region
Table 2025-2030 Global Transcatheter Pulmonary Valve Market Volume Share List By Region
Table 2025-2030 Global Transcatheter Pulmonary Valve Demand List By Application
Table 2025-2030 Global Transcatheter Pulmonary Valve Demand Market Share List By Application
Table 2025-2030 Global Transcatheter Pulmonary Valve Key Vendors Sales List
Table 2025-2030 Global Transcatheter Pulmonary Valve Key Vendors Sales Share List
Table 2025-2030 Global Transcatheter Pulmonary Valve Key Vendors Revenue List
Table 2025-2030 Global Transcatheter Pulmonary Valve Key Vendors Revenue Share List
Table 2025-2030 Global Transcatheter Pulmonary Valve Demand List By Type
Table 2025-2030 Global Transcatheter Pulmonary Valve Demand Market Share List By Type
Table 2025-2030 Transcatheter Pulmonary Valve Regional Price List
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Transcatheter Pulmonary Valve Picture
Figure 2020-2030 Regional Trade Balance
Figure 2020-2030 North America Transcatheter Pulmonary Valve Market Size And Cagr
Figure 2020-2030 North America Transcatheter Pulmonary Valve Market Volume And Cagr
Figure 2020-2030 South America Transcatheter Pulmonary Valve Market Size And Cagr
Figure 2020-2030 South America Transcatheter Pulmonary Valve Market Volume And Cagr
Figure 2020-2030 Asia & Pacific Transcatheter Pulmonary Valve Market Size And Cagr
Figure 2020-2030 Asia & Pacific Transcatheter Pulmonary Valve Market Volume And Cagr
Figure 2020-2030 Europe Transcatheter Pulmonary Valve Market Size And Cagr
Figure 2020-2030 Europe Transcatheter Pulmonary Valve Market Volume And Cagr
Figure 2020-2030 Mea Transcatheter Pulmonary Valve Market Size And Cagr
Figure 2020-2030 Mea Transcatheter Pulmonary Valve Market Volume And Cagr
Figure 2020-2025 Global Transcatheter Pulmonary Valve Market Volume And Growth Rate
Figure 2020-2025 Global Transcatheter Pulmonary Valve Market Size And Growth Rate
Figure 2025-2030 Global Transcatheter Pulmonary Valve Market Volume And Growth Rate
Figure 2025-2030 Global Transcatheter Pulmonary Valve Market Size And Growth Rate
Research Methodology
- Market Estimated Methodology:
Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.
1)Top-down & Bottom-up Approach
Top-down approach uses a general market size figure and determines the percentage that the objective market represents.
Bottom-up approach size the objective market by collecting the sub-segment information.
2)Supply & Demand Approach
Supply approach is based on assessments of the size of each competitor supplying the objective market.
Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.
- Forecasting Methodology
- Numerous factors impacting the market trend are considered for forecast model:
- New technology and application in the future;
- New project planned/under contraction;
- Global and regional underlying economic growth;
- Threatens of substitute products;
- Industry expert opinion;
- Policy and Society implication.
- Analysis Tools
1)PEST Analysis
PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.
- Benefits of a PEST analysis:
- It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
- It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
- It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
- It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.
2)Porter’s Five Force Model Analysis
The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.
- Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
- Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
- Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
- Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
- Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.
3)Value Chain Analysis
Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.
4)SWOT Analysis
SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.
- Strengths describe what the player excels at and separates it from the competition
- Weaknesses stop the player from performing at its optimum level.
- Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
- Threats refer to factors that have the potential to harm the player.
- Data Sources
Primary Sources | Secondary Sources |
---|---|
Face to face/Phone Interviews with market participants, such as: Manufactures; Distributors; End-users; Experts. Online Survey |
Government/International Organization Data: Annual Report/Presentation/Fact Book Internet Source Information Industry Association Data Free/Purchased Database Market Research Report Book/Journal/News |