Absorbable Cardiac Stent Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
According to the Centers for Disease Control and Prevention, around 735,000 Americans suffer from heart attack annually. Angioplasty is the common procedure performed by cardiologists in order to restore blood flow in cardiac patient body. In angioplasty small metal or scaffold structure is inserted in blocked arteries to widen the blood vessel. Absorbable stents currently emerged as one of the most promising field in interventional cardiology. Biodegradable stents has offered a promising alternative to permanent cardiac stents and can be used to solve the lingering problem of in-stent stenosis. Furthermore, absorbable stents have the ability to deliver more drugs to the target site than a thin coating of drug on metallic stents.
MARKET DYNAMICS
The Absorbable cardiac stent market is driving due to growing prevalence of cardiovascular diseases, significant technological advancement in the treatment of coronary heart diseases, new product launches, regulatory approvals and increased awareness about advantages associated with absorbable cardiac stent. However, increasing product withdrawals due to severe complications of these stents and high cost of absorbable cardiac stent may hamper growth of the absorbable cardiac stent market.
MARKET SCOPE
The Absorbable cardiac stent market analysis to 2031 is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of Absorbable cardiac stent market with detailed market segmentation by material, applications and end user. The Absorbable cardiac stent market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in Absorbable cardiac stent market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Absorbable cardiac stent market is segmented on the basis of material, applications and end users. Based on material, the market is segmented as metal and polymer. On the basis of applications market can be segmented as coronary artery disease and peripheral artery disease. On the basis of end users market can be segmented into hospitals and clinics, research and academics institutes, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Absorbable cardiac stent market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Absorbable cardiac stent market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
`The report analyzes factors affecting Absorbable cardiac stent market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Absorbable cardiac stent market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Absorbable cardiac stent market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Absorbable cardiac stent market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
`The report analyzes factors affecting Absorbable cardiac stent market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Absorbable cardiac stent market in these regions.
MARKET PLAYERS
The report covers key developments in the Absorbable cardiac stent market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Absorbable cardiac stent market are anticipated to have lucrative growth opportunities in the future with the rising demand for Absorbable cardiac stent in the global market. Below mentioned is the list of few companies engaged in the Absorbable cardiac stent market.
The report also includes the profiles of key players in Absorbable cardiac stent market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Abbott Laboratories,
- Biotronik,
- REVA Medical, Inc.,
- Elixir Medical Corporation,
- B. Braun Melsungen AG,
- KYOTO MEDICAL PLANNING Co., Ltd.,
- Boston Scientific Corporation,
- Medtronic,
- Terumo Medical Corporation,
- Meril Life Sciences Pvt. Ltd.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Absorbable Cardiac Stent Market - By Material
1.3.2 Absorbable Cardiac Stent Market - By Application
1.3.3 Absorbable Cardiac Stent Market - By End User
1.3.4 Absorbable Cardiac Stent Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ABSORBABLE CARDIAC STENT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. ABSORBABLE CARDIAC STENT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. ABSORBABLE CARDIAC STENT MARKET - GLOBAL MARKET ANALYSIS
6.1. ABSORBABLE CARDIAC STENT - GLOBAL MARKET OVERVIEW
6.2. ABSORBABLE CARDIAC STENT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ABSORBABLE CARDIAC STENT MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL
7.1. OVERVIEW
7.2. MATERIAL MARKET FORECASTS AND ANALYSIS
7.3. METAL
7.3.1. Overview
7.3.2. Metal Market Forecast and Analysis
7.4. POLYMER
7.4.1. Overview
7.4.2. Polymer Market Forecast and Analysis
8. ABSORBABLE CARDIAC STENT MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. CORONARY ARTERY DISEASE
8.3.1. Overview
8.3.2. Coronary Artery Disease Market Forecast and Analysis
8.4. PERIPHERAL ARTERY DISEASE
8.4.1. Overview
8.4.2. Peripheral Artery Disease Market Forecast and Analysis
9. ABSORBABLE CARDIAC STENT MARKET - REVENUE AND FORECASTS TO 2028 - END USER
9.1. OVERVIEW
9.2. END USER MARKET FORECASTS AND ANALYSIS
9.3. HOSPITALS AND CLINICS
9.3.1. Overview
9.3.2. Hospitals and Clinics Market Forecast and Analysis
9.4. RESEARCH AND ACADEMICS INSTITUTES
9.4.1. Overview
9.4.2. Research and Academics Institutes Market Forecast and Analysis
9.5. OTHERS
9.5.1. Overview
9.5.2. Others Market Forecast and Analysis
10. ABSORBABLE CARDIAC STENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Absorbable Cardiac Stent Market Overview
10.1.2 North America Absorbable Cardiac Stent Market Forecasts and Analysis
10.1.3 North America Absorbable Cardiac Stent Market Forecasts and Analysis - By Material
10.1.4 North America Absorbable Cardiac Stent Market Forecasts and Analysis - By Application
10.1.5 North America Absorbable Cardiac Stent Market Forecasts and Analysis - By End User
10.1.6 North America Absorbable Cardiac Stent Market Forecasts and Analysis - By Countries
10.1.6.1 United States Absorbable Cardiac Stent Market
10.1.6.1.1 United States Absorbable Cardiac Stent Market by Material
10.1.6.1.2 United States Absorbable Cardiac Stent Market by Application
10.1.6.1.3 United States Absorbable Cardiac Stent Market by End User
10.1.6.2 Canada Absorbable Cardiac Stent Market
10.1.6.2.1 Canada Absorbable Cardiac Stent Market by Material
10.1.6.2.2 Canada Absorbable Cardiac Stent Market by Application
10.1.6.2.3 Canada Absorbable Cardiac Stent Market by End User
10.1.6.3 Mexico Absorbable Cardiac Stent Market
10.1.6.3.1 Mexico Absorbable Cardiac Stent Market by Material
10.1.6.3.2 Mexico Absorbable Cardiac Stent Market by Application
10.1.6.3.3 Mexico Absorbable Cardiac Stent Market by End User
10.2. EUROPE
10.2.1 Europe Absorbable Cardiac Stent Market Overview
10.2.2 Europe Absorbable Cardiac Stent Market Forecasts and Analysis
10.2.3 Europe Absorbable Cardiac Stent Market Forecasts and Analysis - By Material
10.2.4 Europe Absorbable Cardiac Stent Market Forecasts and Analysis - By Application
10.2.5 Europe Absorbable Cardiac Stent Market Forecasts and Analysis - By End User
10.2.6 Europe Absorbable Cardiac Stent Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Absorbable Cardiac Stent Market
10.2.6.1.1 Germany Absorbable Cardiac Stent Market by Material
10.2.6.1.2 Germany Absorbable Cardiac Stent Market by Application
10.2.6.1.3 Germany Absorbable Cardiac Stent Market by End User
10.2.6.2 France Absorbable Cardiac Stent Market
10.2.6.2.1 France Absorbable Cardiac Stent Market by Material
10.2.6.2.2 France Absorbable Cardiac Stent Market by Application
10.2.6.2.3 France Absorbable Cardiac Stent Market by End User
10.2.6.3 Italy Absorbable Cardiac Stent Market
10.2.6.3.1 Italy Absorbable Cardiac Stent Market by Material
10.2.6.3.2 Italy Absorbable Cardiac Stent Market by Application
10.2.6.3.3 Italy Absorbable Cardiac Stent Market by End User
10.2.6.4 Spain Absorbable Cardiac Stent Market
10.2.6.4.1 Spain Absorbable Cardiac Stent Market by Material
10.2.6.4.2 Spain Absorbable Cardiac Stent Market by Application
10.2.6.4.3 Spain Absorbable Cardiac Stent Market by End User
10.2.6.5 United Kingdom Absorbable Cardiac Stent Market
10.2.6.5.1 United Kingdom Absorbable Cardiac Stent Market by Material
10.2.6.5.2 United Kingdom Absorbable Cardiac Stent Market by Application
10.2.6.5.3 United Kingdom Absorbable Cardiac Stent Market by End User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Absorbable Cardiac Stent Market Overview
10.3.2 Asia-Pacific Absorbable Cardiac Stent Market Forecasts and Analysis
10.3.3 Asia-Pacific Absorbable Cardiac Stent Market Forecasts and Analysis - By Material
10.3.4 Asia-Pacific Absorbable Cardiac Stent Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Absorbable Cardiac Stent Market Forecasts and Analysis - By End User
10.3.6 Asia-Pacific Absorbable Cardiac Stent Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Absorbable Cardiac Stent Market
10.3.6.1.1 Australia Absorbable Cardiac Stent Market by Material
10.3.6.1.2 Australia Absorbable Cardiac Stent Market by Application
10.3.6.1.3 Australia Absorbable Cardiac Stent Market by End User
10.3.6.2 China Absorbable Cardiac Stent Market
10.3.6.2.1 China Absorbable Cardiac Stent Market by Material
10.3.6.2.2 China Absorbable Cardiac Stent Market by Application
10.3.6.2.3 China Absorbable Cardiac Stent Market by End User
10.3.6.3 India Absorbable Cardiac Stent Market
10.3.6.3.1 India Absorbable Cardiac Stent Market by Material
10.3.6.3.2 India Absorbable Cardiac Stent Market by Application
10.3.6.3.3 India Absorbable Cardiac Stent Market by End User
10.3.6.4 Japan Absorbable Cardiac Stent Market
10.3.6.4.1 Japan Absorbable Cardiac Stent Market by Material
10.3.6.4.2 Japan Absorbable Cardiac Stent Market by Application
10.3.6.4.3 Japan Absorbable Cardiac Stent Market by End User
10.3.6.5 South Korea Absorbable Cardiac Stent Market
10.3.6.5.1 South Korea Absorbable Cardiac Stent Market by Material
10.3.6.5.2 South Korea Absorbable Cardiac Stent Market by Application
10.3.6.5.3 South Korea Absorbable Cardiac Stent Market by End User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Absorbable Cardiac Stent Market Overview
10.4.2 Middle East and Africa Absorbable Cardiac Stent Market Forecasts and Analysis
10.4.3 Middle East and Africa Absorbable Cardiac Stent Market Forecasts and Analysis - By Material
10.4.4 Middle East and Africa Absorbable Cardiac Stent Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Absorbable Cardiac Stent Market Forecasts and Analysis - By End User
10.4.6 Middle East and Africa Absorbable Cardiac Stent Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Absorbable Cardiac Stent Market
10.4.6.1.1 South Africa Absorbable Cardiac Stent Market by Material
10.4.6.1.2 South Africa Absorbable Cardiac Stent Market by Application
10.4.6.1.3 South Africa Absorbable Cardiac Stent Market by End User
10.4.6.2 Saudi Arabia Absorbable Cardiac Stent Market
10.4.6.2.1 Saudi Arabia Absorbable Cardiac Stent Market by Material
10.4.6.2.2 Saudi Arabia Absorbable Cardiac Stent Market by Application
10.4.6.2.3 Saudi Arabia Absorbable Cardiac Stent Market by End User
10.4.6.3 U.A.E Absorbable Cardiac Stent Market
10.4.6.3.1 U.A.E Absorbable Cardiac Stent Market by Material
10.4.6.3.2 U.A.E Absorbable Cardiac Stent Market by Application
10.4.6.3.3 U.A.E Absorbable Cardiac Stent Market by End User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Absorbable Cardiac Stent Market Overview
10.5.2 South and Central America Absorbable Cardiac Stent Market Forecasts and Analysis
10.5.3 South and Central America Absorbable Cardiac Stent Market Forecasts and Analysis - By Material
10.5.4 South and Central America Absorbable Cardiac Stent Market Forecasts and Analysis - By Application
10.5.5 South and Central America Absorbable Cardiac Stent Market Forecasts and Analysis - By End User
10.5.6 South and Central America Absorbable Cardiac Stent Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Absorbable Cardiac Stent Market
10.5.6.1.1 Brazil Absorbable Cardiac Stent Market by Material
10.5.6.1.2 Brazil Absorbable Cardiac Stent Market by Application
10.5.6.1.3 Brazil Absorbable Cardiac Stent Market by End User
10.5.6.2 Argentina Absorbable Cardiac Stent Market
10.5.6.2.1 Argentina Absorbable Cardiac Stent Market by Material
10.5.6.2.2 Argentina Absorbable Cardiac Stent Market by Application
10.5.6.2.3 Argentina Absorbable Cardiac Stent Market by End User
11. IMPACT OF COVID-19 PANDEMIC ON GLOBAL ABSORBABLE CARDIAC STENT MARKET
11.1 North America
11.2 Europe
11.3 Asia-Pacific
11.4 Rest of the World
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. ABSORBABLE CARDIAC STENT MARKET, KEY COMPANY PROFILES
13.1. ABBOTT LABORATORIES
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. BIOTRONIK
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. REVA MEDICAL, INC.
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. ELIXIR MEDICAL CORPORATION
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. B. BRAUN MELSUNGEN AG
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. KYOTO MEDICAL PLANNING CO., LTD.
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. BOSTON SCIENTIFIC CORPORATION
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. MEDTRONIC
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. TERUMO MEDICAL CORPORATION
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. MERIL LIFE SCIENCES PVT. LTD.
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. Abbott Laboratories
2. Biotronik
3. REVA Medical, Inc.
4. Elixir Medical Corporation
5. B. Braun Melsungen AG
6. KYOTO MEDICAL PLANNING Co., Ltd.
7. Boston Scientific Corporation
8. Medtronic
9. Terumo Medical Corporation
10. Meril Life Sciences Pvt. Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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