Abstract
Research Methodology
The following report uses a number of methodologies to gather and present data
and analysis. At the outset, a large survey of secondary sources is conducted.
These sources act as the basis for the primary research stage, which builds
and enhances the quantitative and qualitative attributes of the early
research. Secondary sources include:
Government Sources:
- Securities and Exchange Commission filings
- Food and Drug Administration and patent filings
- National Center for Health Statistics data
Arthroscopic Device Companies:
- Annual reports, product brochures, corporate profiles, etc.
- Internal Databases and Reports
- Previous reports on similar/related sources
- General Internet Searches, Medical Literature, and Newspaper/Magazine
Searches
The secondary research stage builds the foundation for the primary research.
The primary research methodology has four steps:
Step 1: The first step involves an impartial scan of all the information
gathered during the secondary research stage to determine its utility based on
the specific requirements of this report. Each piece of information is, thus,
either discarded or marked as high or low priority. It is then organized
appropriately as determined by the structure and sectioning of the report.
Step 2: At this stage, early assumptions are formed as to the implications of
the information for the various arthroscopic device market segments. These
assumptions are then used to determine hypotheses using both inductive and
deductive approaches. On the quantitative front, these hypotheses result in
full historical and projected market data sets (market sizes [units and US$]
and market shares).
Step 3: At this stage, the research is in position for its most important
primary phase - expert interviews. Throughout the secondary research, industry
and medical experts are identified. These experts are now contacted by
telephone and asked to participate in interviews on recent trends and
developments in the industry.
Interviews are either conducted at the time of the initial call or scheduled
at the convenience of the expert. Interview questions are tailored to the
expertise of the particular interviewee, although in most cases, the most
important questions are asked of all experts. The questions are largely based
on the assumptions and hypotheses developed in Step 2, which are then either
augmented, discarded, or adjusted, based on the views and positions put forth.
Attempts are made, whenever possible, to cross - check the views of various
experts against each other and reach positions of consensus on issues and
market numbers.
Step 4: The final stage of primary research involves individual and group
analysis by Millennium Research Group. All research results are assessed and
cross - checked thoroughly to determine their validity, relevance, and weight.
From this process, qualitative conclusions are reached and data points
finalized.
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