Global External Neurostimulation Device Market Research Report 2023

Report ID: 1970235 | Published Date: Jan 2025 | No. of Page: 89 | Base Year: 2024 | Rating: 4.8 | Webstory: Check our Web story
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1 External Neurostimulation Device Market Overview
    1.1 Product Overview and Scope of External Neurostimulation Device
    1.2 External Neurostimulation Device Segment by Type
        1.2.1 Global External Neurostimulation Device Sales Growth Rate Comparison by Type (2022-2028)
        1.2.2 Transcutaneous Electrical Nerve Stimulation
        1.2.3 Transcranial Magnetic Stimulation
    1.3 External Neurostimulation Device Segment by Application
        1.3.1 Global External Neurostimulation Device Sales Comparison by Application: (2022-2028)
        1.3.2 Hospitals and Clinics
        1.3.3 Ambulatory Surgery Center
    1.4 Global External Neurostimulation Device Market Size Estimates and Forecasts
        1.4.1 Global External Neurostimulation Device Revenue 2017-2028
        1.4.2 Global External Neurostimulation Device Sales 2017-2028
        1.4.3 External Neurostimulation Device Market Size by Region: 2017 Versus 2021 Versus 2028
2 External Neurostimulation Device Market Competition by Manufacturers
    2.1 Global External Neurostimulation Device Sales Market Share by Manufacturers (2017-2022)
    2.2 Global External Neurostimulation Device Revenue Market Share by Manufacturers (2017-2022)
    2.3 Global External Neurostimulation Device Average Price by Manufacturers (2017-2022)
    2.4 Manufacturers External Neurostimulation Device Manufacturing Sites, Area Served, Product Type
    2.5 External Neurostimulation Device Market Competitive Situation and Trends
        2.5.1 External Neurostimulation Device Market Concentration Rate
        2.5.2 The Global Top 5 and Top 10 Largest External Neurostimulation Device Players Market Share by Revenue
        2.5.3 Global External Neurostimulation Device Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
    2.6 Manufacturers Mergers & Acquisitions, Expansion Plans
3 External Neurostimulation Device Retrospective Market Scenario by Region
    3.1 Global External Neurostimulation Device Retrospective Market Scenario in Sales by Region: 2017-2022
    3.2 Global External Neurostimulation Device Retrospective Market Scenario in Revenue by Region: 2017-2022
    3.3 North America External Neurostimulation Device Market Facts & Figures by Country
        3.3.1 North America External Neurostimulation Device Sales by Country
        3.3.2 North America External Neurostimulation Device Revenue by Country
        3.3.3 U.S.
        3.3.4 Canada
    3.4 Europe External Neurostimulation Device Market Facts & Figures by Country
        3.4.1 Europe External Neurostimulation Device Sales by Country
        3.4.2 Europe External Neurostimulation Device Revenue by Country
        3.4.3 Germany
        3.4.4 France
        3.4.5 U.K.
        3.4.6 Italy
        3.4.7 Russia
    3.5 Asia Pacific External Neurostimulation Device Market Facts & Figures by Region
        3.5.1 Asia Pacific External Neurostimulation Device Sales by Region
        3.5.2 Asia Pacific External Neurostimulation Device Revenue by Region
        3.5.3 China
        3.5.4 Japan
        3.5.5 South Korea
        3.5.6 India
        3.5.7 Australia
        3.5.8 Taiwan
        3.5.9 Indonesia
        3.5.10 Thailand
        3.5.11 Malaysia
        3.5.12 Philippines
        3.5.13 Vietnam
    3.6 Latin America External Neurostimulation Device Market Facts & Figures by Country
        3.6.1 Latin America External Neurostimulation Device Sales by Country
        3.6.2 Latin America External Neurostimulation Device Revenue by Country
        3.6.3 Mexico
        3.6.4 Brazil
        3.6.5 Argentina
    3.7 Middle East and Africa External Neurostimulation Device Market Facts & Figures by Country
        3.7.1 Middle East and Africa External Neurostimulation Device Sales by Country
        3.7.2 Middle East and Africa External Neurostimulation Device Revenue by Country
        3.7.3 Turkey
        3.7.4 Saudi Arabia
        3.7.5 UAE
4 Global External Neurostimulation Device Historic Market Analysis by Type
    4.1 Global External Neurostimulation Device Sales Market Share by Type (2017-2022)
    4.2 Global External Neurostimulation Device Revenue Market Share by Type (2017-2022)
    4.3 Global External Neurostimulation Device Price by Type (2017-2022)
5 Global External Neurostimulation Device Historic Market Analysis by Application
    5.1 Global External Neurostimulation Device Sales Market Share by Application (2017-2022)
    5.2 Global External Neurostimulation Device Revenue Market Share by Application (2017-2022)
    5.3 Global External Neurostimulation Device Price by Application (2017-2022)
6 Key Companies Profiled
    6.1 Medtronic (US)
        6.1.1 Medtronic (US) Corporation Information
        6.1.2 Medtronic (US) Description and Business Overview
        6.1.3 Medtronic (US) External Neurostimulation Device Sales, Revenue and Gross Margin (2017-2022)
        6.1.4 Medtronic (US) External Neurostimulation Device Product Portfolio
        6.1.5 Medtronic (US) Recent Developments/Updates
    6.2 Boston Scientific (US)
        6.2.1 Boston Scientific (US) Corporation Information
        6.2.2 Boston Scientific (US) Description and Business Overview
        6.2.3 Boston Scientific (US) External Neurostimulation Device Sales, Revenue and Gross Margin (2017-2022)
        6.2.4 Boston Scientific (US) External Neurostimulation Device Product Portfolio
        6.2.5 Boston Scientific (US) Recent Developments/Updates
    6.3 Abbott Laboratories (US)
        6.3.1 Abbott Laboratories (US) Corporation Information
        6.3.2 Abbott Laboratories (US) Description and Business Overview
        6.3.3 Abbott Laboratories (US) External Neurostimulation Device Sales, Revenue and Gross Margin (2017-2022)
        6.3.4 Abbott Laboratories (US) External Neurostimulation Device Product Portfolio
        6.3.5 Abbott Laboratories (US) Recent Developments/Updates
    6.4 LivaNova (UK)
        6.4.1 LivaNova (UK) Corporation Information
        6.4.2 LivaNova (UK) Description and Business Overview
        6.4.3 LivaNova (UK) External Neurostimulation Device Sales, Revenue and Gross Margin (2017-2022)
        6.4.4 LivaNova (UK) External Neurostimulation Device Product Portfolio
        6.4.5 LivaNova (UK) Recent Developments/Updates
    6.5 Baxter (US)
        6.5.1 Baxter (US) Corporation Information
        6.5.2 Baxter (US) Description and Business Overview
        6.5.3 Baxter (US) External Neurostimulation Device Sales, Revenue and Gross Margin (2017-2022)
        6.5.4 Baxter (US) External Neurostimulation Device Product Portfolio
        6.5.5 Baxter (US) Recent Developments/Updates
    6.6 AxoGen (US)
        6.6.1 AxoGen (US) Corporation Information
        6.6.2 AxoGen (US) Description and Business Overview
        6.6.3 AxoGen (US) External Neurostimulation Device Sales, Revenue and Gross Margin (2017-2022)
        6.6.4 AxoGen (US) External Neurostimulation Device Product Portfolio
        6.6.5 AxoGen (US) Recent Developments/Updates
    6.7 Stryker (US)
        6.6.1 Stryker (US) Corporation Information
        6.6.2 Stryker (US) Description and Business Overview
        6.6.3 Stryker (US) External Neurostimulation Device Sales, Revenue and Gross Margin (2017-2022)
        6.4.4 Stryker (US) External Neurostimulation Device Product Portfolio
        6.7.5 Stryker (US) Recent Developments/Updates
7 External Neurostimulation Device Manufacturing Cost Analysis
    7.1 External Neurostimulation Device Key Raw Materials Analysis
       7.1.1 Key Raw Materials
       7.1.2 Key Suppliers of Raw Materials
    7.2 Proportion of Manufacturing Cost Structure
    7.3 Manufacturing Process Analysis of External Neurostimulation Device
    7.4 External Neurostimulation Device Industrial Chain Analysis
8 Marketing Channel, Distributors and Customers
    8.1 Marketing Channel
    8.2 External Neurostimulation Device Distributors List
    8.3 External Neurostimulation Device Customers
9 External Neurostimulation Device Market Dynamics
    9.1 External Neurostimulation Device Industry Trends
    9.2 External Neurostimulation Device Market Drivers
    9.3 External Neurostimulation Device Market Challenges
    9.4 External Neurostimulation Device Market Restraints
10 Global Market Forecast
    10.1 External Neurostimulation Device Market Estimates and Projections by Type
        10.1.1 Global Forecasted Sales of External Neurostimulation Device by Type (2023-2028)
        10.1.2 Global Forecasted Revenue of External Neurostimulation Device by Type (2023-2028)
    10.2 External Neurostimulation Device Market Estimates and Projections by Application
        10.2.1 Global Forecasted Sales of External Neurostimulation Device by Application (2023-2028)
        10.2.2 Global Forecasted Revenue of External Neurostimulation Device by Application (2023-2028)
    10.3 External Neurostimulation Device Market Estimates and Projections by Region
        10.3.1 Global Forecasted Sales of External Neurostimulation Device by Region (2023-2028)
        10.3.2 Global Forecasted Revenue of External Neurostimulation Device by Region (2023-2028)
11 Research Finding and Conclusion
12 Methodology and Data Source
    12.1 Methodology/Research Approach
        12.1.1 Research Programs/Design
        12.1.2 Market Size Estimation
        12.1.3 Market Breakdown and Data Triangulation
    12.2 Data Source
        12.2.1 Secondary Sources
        12.2.2 Primary Sources
    12.3 Author List
    12.4 Disclaimer

List of Tables
    Table 1. Global External Neurostimulation Device Sales Growth Rate Comparison by Type (2022-2028) & (K Units) & (US$ Million)
    Table 2. Global External Neurostimulation Device Sales Growth Rate Comparison by Application (2022-2028) & (K Units) & (US$ Million)
    Table 3. Global External Neurostimulation Device Market Size by Region (US$ Million) (2017 VS 2021 VS 2028)
    Table 4. Global External Neurostimulation Device Market Competitive Situation by Manufacturers in 2021
    Table 5. Global External Neurostimulation Device Sales (K Units) of Key Manufacturers (2017-2022)
    Table 6. Global External Neurostimulation Device Sales Market Share by Manufacturers (2017-2022)
    Table 7. Global External Neurostimulation Device Revenue (US$ Million) by Manufacturers (2017-2022)
    Table 8. Global External Neurostimulation Device Revenue Share by Manufacturers (2017-2022)
    Table 9. Global Market External Neurostimulation Device Average Price (USD/Unit) of Key Manufacturers (2017-2022)
    Table 10. Manufacturers External Neurostimulation Device Manufacturing Sites and Area Served
    Table 11. Manufacturers External Neurostimulation Device Product Type
    Table 12. Global Manufacturers Market Concentration Ratio (CR5 and HHI)
    Table 13. Global External Neurostimulation Device by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in External Neurostimulation Device as of 2021)
    Table 14. Manufacturers Mergers & Acquisitions, Expansion Plans
    Table 15. Global External Neurostimulation Device Sales by Region (2017-2022) & (K Units)
    Table 16. Global External Neurostimulation Device Sales Market Share by Region (2017-2022)
    Table 17. Global External Neurostimulation Device Revenue by Region (2017-2022) & (US$ Million)
    Table 18. Global External Neurostimulation Device Revenue Market Share by Region (2017-2022)
    Table 19. North America External Neurostimulation Device Sales by Country (2017-2022) & (K Units)
    Table 20. North America External Neurostimulation Device Sales Market Share by Country (2017-2022)
    Table 21. North America External Neurostimulation Device Revenue by Country (2017-2022) & (US$ Million)
    Table 22. North America External Neurostimulation Device Revenue Market Share by Country (2017-2022)
    Table 23. Europe External Neurostimulation Device Sales by Country (2017-2022) & (K Units)
    Table 24. Europe External Neurostimulation Device Sales Market Share by Country (2017-2022)
    Table 25. Europe External Neurostimulation Device Revenue by Country (2017-2022) & (US$ Million)
    Table 26. Europe External Neurostimulation Device Revenue Market Share by Country (2017-2022)
    Table 27. Asia Pacific External Neurostimulation Device Sales by Region (2017-2022) & (K Units)
    Table 28. Asia Pacific External Neurostimulation Device Sales Market Share by Region (2017-2022)
    Table 29. Asia Pacific External Neurostimulation Device Revenue by Region (2017-2022) & (US$ Million)
    Table 30. Asia Pacific External Neurostimulation Device Revenue Market Share by Region (2017-2022)
    Table 31. Latin America External Neurostimulation Device Sales by Country (2017-2022) & (K Units)
    Table 32. Latin America External Neurostimulation Device Sales Market Share by Country (2017-2022)
    Table 33. Latin America External Neurostimulation Device Revenue by Country (2017-2022) & (US$ Million)
    Table 34. Latin America External Neurostimulation Device Revenue Market Share by Country (2017-2022)
    Table 35. Middle East and Africa External Neurostimulation Device Sales by Country (2017-2022) & (K Units)
    Table 36. Middle East and Africa External Neurostimulation Device Sales Market Share by Country (2017-2022)
    Table 37. Middle East and Africa External Neurostimulation Device Revenue by Country (2017-2022) & (US$ Million)
    Table 38. Middle East and Africa External Neurostimulation Device Revenue Market Share by Country (2017-2022)
    Table 39. Global External Neurostimulation Device Sales by Type (2017-2022) & (K Units)
    Table 40. Global External Neurostimulation Device Sales Market Share by Type (2017-2022)
    Table 41. Global External Neurostimulation Device Revenue by Type (2017-2022) & (US$ Million)
    Table 42. Global External Neurostimulation Device Revenue Share by Type (2017-2022)
    Table 43. Global External Neurostimulation Device Price by Type (2017-2022) & (USD/Unit)
    Table 44. Global External Neurostimulation Device Sales (K Units) by Application (2017-2022)
    Table 45. Global External Neurostimulation Device Sales Market Share by Application (2017-2022)
    Table 46. Global External Neurostimulation Device Revenue by Application (2017-2022) & (US$ Million)
    Table 47. Global External Neurostimulation Device Revenue Share by Application (2017-2022)
    Table 48. Global External Neurostimulation Device Price by Application (2017-2022) & (USD/Unit)
    Table 49. Medtronic (US) Corporation Information
    Table 50. Medtronic (US) Description and Business Overview
    Table 51. Medtronic (US) External Neurostimulation Device Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 52. Medtronic (US) External Neurostimulation Device Product
    Table 53. Medtronic (US) Recent Developments/Updates
    Table 54. Boston Scientific (US) Corporation Information
    Table 55. Boston Scientific (US) Description and Business Overview
    Table 56. Boston Scientific (US) External Neurostimulation Device Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 57. Boston Scientific (US) External Neurostimulation Device Product
    Table 58. Boston Scientific (US) Recent Developments/Updates
    Table 59. Abbott Laboratories (US) Corporation Information
    Table 60. Abbott Laboratories (US) Description and Business Overview
    Table 61. Abbott Laboratories (US) External Neurostimulation Device Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 62. Abbott Laboratories (US) External Neurostimulation Device Product
    Table 63. Abbott Laboratories (US) Recent Developments/Updates
    Table 64. LivaNova (UK) Corporation Information
    Table 65. LivaNova (UK) Description and Business Overview
    Table 66. LivaNova (UK) External Neurostimulation Device Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 67. LivaNova (UK) External Neurostimulation Device Product
    Table 68. LivaNova (UK) Recent Developments/Updates
    Table 69. Baxter (US) Corporation Information
    Table 70. Baxter (US) Description and Business Overview
    Table 71. Baxter (US) External Neurostimulation Device Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 72. Baxter (US) External Neurostimulation Device Product
    Table 73. Baxter (US) Recent Developments/Updates
    Table 74. AxoGen (US) Corporation Information
    Table 75. AxoGen (US) Description and Business Overview
    Table 76. AxoGen (US) External Neurostimulation Device Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 77. AxoGen (US) External Neurostimulation Device Product
    Table 78. AxoGen (US) Recent Developments/Updates
    Table 79. Stryker (US) Corporation Information
    Table 80. Stryker (US) Description and Business Overview
    Table 81. Stryker (US) External Neurostimulation Device Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 82. Stryker (US) External Neurostimulation Device Product
    Table 83. Stryker (US) Recent Developments/Updates
    Table 84. Production Base and Market Concentration Rate of Raw Material
    Table 85. Key Suppliers of Raw Materials
    Table 86. External Neurostimulation Device Distributors List
    Table 87. External Neurostimulation Device Customers List
    Table 88. External Neurostimulation Device Market Trends
    Table 89. External Neurostimulation Device Market Drivers
    Table 90. External Neurostimulation Device Market Challenges
    Table 91. External Neurostimulation Device Market Restraints
    Table 92. Global External Neurostimulation Device Sales Forecast by Type (2023-2028) & (K Units)
    Table 93. Global External Neurostimulation Device Sales Market Share Forecast by Type (2023-2028)
    Table 94. Global External Neurostimulation Device Revenue Forecast by Type (2023-2028) & (US$ Million)
    Table 95. Global External Neurostimulation Device Revenue Market Share Forecast by Type (2023-2028)
    Table 96. Global External Neurostimulation Device Sales Forecast by Application (2023-2028) & (K Units)
    Table 97. Global External Neurostimulation Device Sales Market Share Forecast by Application (2023-2028)
    Table 98. Global External Neurostimulation Device Revenue Forecast by Application (2023-2028) & (US$ Million)
    Table 99. Global External Neurostimulation Device Revenue Market Share Forecast by Application (2023-2028)
    Table 100. Global External Neurostimulation Device Sales Forecast by Region (2023-2028) & (K Units)
    Table 101. Global External Neurostimulation Device Sales Market Share Forecast by Region (2023-2028)
    Table 102. Global External Neurostimulation Device Revenue Forecast by Region (2023-2028) & (US$ Million)
    Table 103. Global External Neurostimulation Device Revenue Market Share Forecast by Region (2023-2028)
    Table 104. Research Programs/Design for This Report
    Table 105. Key Data Information from Secondary Sources
    Table 106. Key Data Information from Primary Sources
List of Figures
    Figure 1. Product Picture of External Neurostimulation Device
    Figure 2. Global External Neurostimulation Device Market Share by Type in 2021 & 2028
    Figure 3. Transcutaneous Electrical Nerve Stimulation Product Picture
    Figure 4. Transcranial Magnetic Stimulation Product Picture
    Figure 5. Global External Neurostimulation Device Market Share by Application in 2021 & 2028
    Figure 6. Hospitals and Clinics
    Figure 7. Ambulatory Surgery Center
    Figure 8. Global External Neurostimulation Device Revenue, (US$ Million), 2017 VS 2021 VS 2028
    Figure 9. Global External Neurostimulation Device Market Size (2017-2028) & (US$ Million)
    Figure 10. Global External Neurostimulation Device Sales (2017-2028) & (K Units)
    Figure 11. External Neurostimulation Device Sales Share by Manufacturers in 2021
    Figure 12. Global External Neurostimulation Device Revenue Share by Manufacturers in 2021
    Figure 13. The Global 5 and 10 Largest External Neurostimulation Device Players: Market Share by Revenue in 2021
    Figure 14. External Neurostimulation Device Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2017 VS 2021
    Figure 15. Global External Neurostimulation Device Sales Market Share by Region (2017-2022)
    Figure 16. Global External Neurostimulation Device Sales Market Share by Region in 2021
    Figure 17. Global External Neurostimulation Device Revenue Market Share by Region (2017-2022)
    Figure 18. Global External Neurostimulation Device Revenue Market Share by Region in 2021
    Figure 19. U.S. External Neurostimulation Device Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 20. Canada External Neurostimulation Device Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 21. Germany External Neurostimulation Device Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 22. France External Neurostimulation Device Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 23. U.K. External Neurostimulation Device Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 24. Italy External Neurostimulation Device Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 25. Russia External Neurostimulation Device Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 26. China External Neurostimulation Device Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 27. Japan External Neurostimulation Device Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 28. South Korea External Neurostimulation Device Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 29. India External Neurostimulation Device Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 30. Australia External Neurostimulation Device Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 31. Taiwan External Neurostimulation Device Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 32. Indonesia External Neurostimulation Device Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 33. Thailand External Neurostimulation Device Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 34. Malaysia External Neurostimulation Device Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 35. Philippines External Neurostimulation Device Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 36. Vietnam External Neurostimulation Device Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 37. Mexico External Neurostimulation Device Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 38. Brazil External Neurostimulation Device Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 39. Argentina External Neurostimulation Device Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 40. Turkey External Neurostimulation Device Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 41. Saudi Arabia External Neurostimulation Device Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 42. UAE External Neurostimulation Device Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 43. Sales Market Share of External Neurostimulation Device by Type (2017-2022)
    Figure 44. Manufacturing Cost Structure of External Neurostimulation Device
    Figure 45. Manufacturing Process Analysis of External Neurostimulation Device
    Figure 46. External Neurostimulation Device Industrial Chain Analysis
    Figure 47. Channels of Distribution
    Figure 48. Distributors Profiles
    Figure 49. Bottom-up and Top-down Approaches for This Report
    Figure 50. Data Triangulation
    Figure 51. Key Executives Interviewed
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Companies Included in Reports:
Medtronic (US)
Boston Scientific (US)
Abbott Laboratories (US)
LivaNova (UK)
Baxter (US)
AxoGen (US)
Stryker (US)
Frequently Asked Questions
External Neurostimulation Device report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
External Neurostimulation Device report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
External Neurostimulation Device report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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