Acromegaly Treatment Market Insights and Growth by 2031
Acromegaly is a hormonal disease caused due to excess production of growth hormone by pituitary gland in adults and affects the physical appearance and internal organs of patients. It is generally caused by benign pituitary tumor. Some of the symptoms of acromegaly are enlargement of feet and hands, also it may cause changes in shape of face. The acromegaly may lead to many health problems such as goiter, cardiovascular disorders, hypertension and others.
MARKET DYNAMICS
The acromegaly treatment market is expected to grow in coming years owing to factors such as rise in genetic disorders, increase in incidences of hormonal diseases such as hypopituitarism and endocrine diseases, advancement in technology and investment in R&D technique for drug development and others. On the other hand there are number of drug in pipeline for the treatment of acromegaly is likely offer opportunities for market growth.
MARKET SCOPE
The "Global Acromegaly Treatment Market Analysis to 2031" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of acromegaly treatment market with detailed market segmentation by disease, drug class, route of administration, distribution channel and geography. The global acromegaly treatment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading acromegaly treatment market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global acromegaly treatment market is segmented on the basis of disease, drug class, route of administration and distribution channel. Based on disease, the market is segmented as ectopic acromegaly and pseudo acromegaly. Based on drug class the acromegaly treatment market is segmented as Somatostatin analogs (SSAS), Somatuline depot (lanreotide), others SSAs, dopamine agonists (DAs), bromocriptine mesylate, others DAs, growth hormone receptor antagonist (GHRAs) and somavert (Pegvisomant). On the basis of route of administration, the market is segmented into oral and parenteral On the basis of distribution channel, the market is segmented into hospital pharmacies, retail pharmacies and online pharmacies. REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global acromegaly treatment 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 acromegaly treatment 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 acromegaly treatment market from both demand and supply side and further evaluates market dynamics effecting the market during the 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 acromegaly treatment 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 global acromegaly treatment 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 acromegaly treatment 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 acromegaly treatment market from both demand and supply side and further evaluates market dynamics effecting the market during the 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 acromegaly treatment market in these regions.
MARKET PLAYERS
The reports cover key developments in the acromegaly treatment 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 activities 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 acromegaly treatment market are anticipated to lucrative growth opportunities in the future with the rising demand for acromegaly treatment in the global market. Below mentioned is the list of few companies engaged in the acromegaly treatment market.
The report also includes the profiles of key acromegaly treatment market companies 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.
- Novartis AG
- Pfizer Inc.
- Mylan N.V.
- Zydus Pharmaceuticals, Inc.
- Ipsen Pharma
- Validus Pharmaceuticals LLC
- Teva Pharmaceutical Industries Ltd.
- Sandoz International GmbH
- Fresenius Kabi
- Foresee Pharmaceuticals LLC
- 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 Acromegaly Treatment Market - By Disease
1.3.2 Acromegaly Treatment Market - By Drug Class
1.3.3 Acromegaly Treatment Market - By Route of Administration
1.3.4 Acromegaly Treatment Market - By Distribution Channel
1.3.5 Acromegaly Treatment Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ACROMEGALY TREATMENT 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. ACROMEGALY TREATMENT 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, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. ACROMEGALY TREATMENT MARKET - GLOBAL MARKET ANALYSIS
6.1. ACROMEGALY TREATMENT - GLOBAL MARKET OVERVIEW
6.2. ACROMEGALY TREATMENT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ACROMEGALY TREATMENT MARKET - REVENUE AND FORECASTS TO 2028 - DISEASE
7.1. OVERVIEW
7.2. DISEASE MARKET FORECASTS AND ANALYSIS
7.3. ECTOPIC ACROMEGALY
7.3.1. Overview
7.3.2. Ectopic Acromegaly Market Forecast and Analysis
7.4. PSEUDO ACROMEGALY
7.4.1. Overview
7.4.2. Pseudo Acromegaly Market Forecast and Analysis
8. ACROMEGALY TREATMENT MARKET - REVENUE AND FORECASTS TO 2028 - DRUG CLASS
8.1. OVERVIEW
8.2. DRUG CLASS MARKET FORECASTS AND ANALYSIS
8.3. SOMATOSTATIN ANALOGS (SSAS)
8.3.1. Overview
8.3.2. Somatostatin Analogs (SSAS) Market Forecast and Analysis
8.4. SOMATULINE DEPOT (LANREOTIDE)
8.4.1. Overview
8.4.2. Somatuline Depot (lanreotide) Market Forecast and Analysis
8.5. OTHERS SSAS
8.5.1. Overview
8.5.2. Others SSAs Market Forecast and Analysis
8.6. DOPAMINE AGONISTS (DAS)
8.6.1. Overview
8.6.2. Dopamine Agonists (DAs) Market Forecast and Analysis
8.7. BROMOCRIPTINE MESYLATE
8.7.1. Overview
8.7.2. Bromocriptine Mesylate Market Forecast and Analysis
8.8. OTHERS DAS
8.8.1. Overview
8.8.2. Others DAs Market Forecast and Analysis
8.9. GROWTH HORMONE RECEPTOR ANTAGONIST (GHRAS)
8.9.1. Overview
8.9.2. Growth Hormone Receptor Antagonist (GHRAs) Market Forecast and Analysis
8.10. SOMAVERT (PEGVISOMANT)
8.10.1. Overview
8.10.2. Somavert (Pegvisomant) Market Forecast and Analysis
9. ACROMEGALY TREATMENT MARKET - REVENUE AND FORECASTS TO 2028 - ROUTE OF ADMINISTRATION
9.1. OVERVIEW
9.2. ROUTE OF ADMINISTRATION MARKET FORECASTS AND ANALYSIS
9.3. ORAL
9.3.1. Overview
9.3.2. Oral Market Forecast and Analysis
9.4. PARENTERAL
9.4.1. Overview
9.4.2. Parenteral Market Forecast and Analysis
10. ACROMEGALY TREATMENT MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
10.1. OVERVIEW
10.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
10.3. HOSPITAL PHARMACIES
10.3.1. Overview
10.3.2. Hospital Pharmacies Market Forecast and Analysis
10.4. RETAIL PHARMACIES
10.4.1. Overview
10.4.2. Retail pharmacies Market Forecast and Analysis
10.5. ONLINE PHARMACIES
10.5.1. Overview
10.5.2. Online Pharmacies Market Forecast and Analysis
11. ACROMEGALY TREATMENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Acromegaly Treatment Market Overview
11.1.2 North America Acromegaly Treatment Market Forecasts and Analysis
11.1.3 North America Acromegaly Treatment Market Forecasts and Analysis - By Disease
11.1.4 North America Acromegaly Treatment Market Forecasts and Analysis - By Drug Class
11.1.5 North America Acromegaly Treatment Market Forecasts and Analysis - By Route of Administration
11.1.6 North America Acromegaly Treatment Market Forecasts and Analysis - By Distribution Channel
11.1.7 North America Acromegaly Treatment Market Forecasts and Analysis - By Countries
11.1.7.1 United States Acromegaly Treatment Market
11.1.7.1.1 United States Acromegaly Treatment Market by Disease
11.1.7.1.2 United States Acromegaly Treatment Market by Drug Class
11.1.7.1.3 United States Acromegaly Treatment Market by Route of Administration
11.1.7.1.4 United States Acromegaly Treatment Market by Distribution Channel
11.1.7.2 Canada Acromegaly Treatment Market
11.1.7.2.1 Canada Acromegaly Treatment Market by Disease
11.1.7.2.2 Canada Acromegaly Treatment Market by Drug Class
11.1.7.2.3 Canada Acromegaly Treatment Market by Route of Administration
11.1.7.2.4 Canada Acromegaly Treatment Market by Distribution Channel
11.1.7.3 Mexico Acromegaly Treatment Market
11.1.7.3.1 Mexico Acromegaly Treatment Market by Disease
11.1.7.3.2 Mexico Acromegaly Treatment Market by Drug Class
11.1.7.3.3 Mexico Acromegaly Treatment Market by Route of Administration
11.1.7.3.4 Mexico Acromegaly Treatment Market by Distribution Channel
11.2. EUROPE
11.2.1 Europe Acromegaly Treatment Market Overview
11.2.2 Europe Acromegaly Treatment Market Forecasts and Analysis
11.2.3 Europe Acromegaly Treatment Market Forecasts and Analysis - By Disease
11.2.4 Europe Acromegaly Treatment Market Forecasts and Analysis - By Drug Class
11.2.5 Europe Acromegaly Treatment Market Forecasts and Analysis - By Route of Administration
11.2.6 Europe Acromegaly Treatment Market Forecasts and Analysis - By Distribution Channel
11.2.7 Europe Acromegaly Treatment Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Acromegaly Treatment Market
11.2.7.1.1 Germany Acromegaly Treatment Market by Disease
11.2.7.1.2 Germany Acromegaly Treatment Market by Drug Class
11.2.7.1.3 Germany Acromegaly Treatment Market by Route of Administration
11.2.7.1.4 Germany Acromegaly Treatment Market by Distribution Channel
11.2.7.2 France Acromegaly Treatment Market
11.2.7.2.1 France Acromegaly Treatment Market by Disease
11.2.7.2.2 France Acromegaly Treatment Market by Drug Class
11.2.7.2.3 France Acromegaly Treatment Market by Route of Administration
11.2.7.2.4 France Acromegaly Treatment Market by Distribution Channel
11.2.7.3 Italy Acromegaly Treatment Market
11.2.7.3.1 Italy Acromegaly Treatment Market by Disease
11.2.7.3.2 Italy Acromegaly Treatment Market by Drug Class
11.2.7.3.3 Italy Acromegaly Treatment Market by Route of Administration
11.2.7.3.4 Italy Acromegaly Treatment Market by Distribution Channel
11.2.7.4 Spain Acromegaly Treatment Market
11.2.7.4.1 Spain Acromegaly Treatment Market by Disease
11.2.7.4.2 Spain Acromegaly Treatment Market by Drug Class
11.2.7.4.3 Spain Acromegaly Treatment Market by Route of Administration
11.2.7.4.4 Spain Acromegaly Treatment Market by Distribution Channel
11.2.7.5 United Kingdom Acromegaly Treatment Market
11.2.7.5.1 United Kingdom Acromegaly Treatment Market by Disease
11.2.7.5.2 United Kingdom Acromegaly Treatment Market by Drug Class
11.2.7.5.3 United Kingdom Acromegaly Treatment Market by Route of Administration
11.2.7.5.4 United Kingdom Acromegaly Treatment Market by Distribution Channel
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Acromegaly Treatment Market Overview
11.3.2 Asia-Pacific Acromegaly Treatment Market Forecasts and Analysis
11.3.3 Asia-Pacific Acromegaly Treatment Market Forecasts and Analysis - By Disease
11.3.4 Asia-Pacific Acromegaly Treatment Market Forecasts and Analysis - By Drug Class
11.3.5 Asia-Pacific Acromegaly Treatment Market Forecasts and Analysis - By Route of Administration
11.3.6 Asia-Pacific Acromegaly Treatment Market Forecasts and Analysis - By Distribution Channel
11.3.7 Asia-Pacific Acromegaly Treatment Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Acromegaly Treatment Market
11.3.7.1.1 Australia Acromegaly Treatment Market by Disease
11.3.7.1.2 Australia Acromegaly Treatment Market by Drug Class
11.3.7.1.3 Australia Acromegaly Treatment Market by Route of Administration
11.3.7.1.4 Australia Acromegaly Treatment Market by Distribution Channel
11.3.7.2 China Acromegaly Treatment Market
11.3.7.2.1 China Acromegaly Treatment Market by Disease
11.3.7.2.2 China Acromegaly Treatment Market by Drug Class
11.3.7.2.3 China Acromegaly Treatment Market by Route of Administration
11.3.7.2.4 China Acromegaly Treatment Market by Distribution Channel
11.3.7.3 India Acromegaly Treatment Market
11.3.7.3.1 India Acromegaly Treatment Market by Disease
11.3.7.3.2 India Acromegaly Treatment Market by Drug Class
11.3.7.3.3 India Acromegaly Treatment Market by Route of Administration
11.3.7.3.4 India Acromegaly Treatment Market by Distribution Channel
11.3.7.4 Japan Acromegaly Treatment Market
11.3.7.4.1 Japan Acromegaly Treatment Market by Disease
11.3.7.4.2 Japan Acromegaly Treatment Market by Drug Class
11.3.7.4.3 Japan Acromegaly Treatment Market by Route of Administration
11.3.7.4.4 Japan Acromegaly Treatment Market by Distribution Channel
11.3.7.5 South Korea Acromegaly Treatment Market
11.3.7.5.1 South Korea Acromegaly Treatment Market by Disease
11.3.7.5.2 South Korea Acromegaly Treatment Market by Drug Class
11.3.7.5.3 South Korea Acromegaly Treatment Market by Route of Administration
11.3.7.5.4 South Korea Acromegaly Treatment Market by Distribution Channel
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Acromegaly Treatment Market Overview
11.4.2 Middle East and Africa Acromegaly Treatment Market Forecasts and Analysis
11.4.3 Middle East and Africa Acromegaly Treatment Market Forecasts and Analysis - By Disease
11.4.4 Middle East and Africa Acromegaly Treatment Market Forecasts and Analysis - By Drug Class
11.4.5 Middle East and Africa Acromegaly Treatment Market Forecasts and Analysis - By Route of Administration
11.4.6 Middle East and Africa Acromegaly Treatment Market Forecasts and Analysis - By Distribution Channel
11.4.7 Middle East and Africa Acromegaly Treatment Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Acromegaly Treatment Market
11.4.7.1.1 South Africa Acromegaly Treatment Market by Disease
11.4.7.1.2 South Africa Acromegaly Treatment Market by Drug Class
11.4.7.1.3 South Africa Acromegaly Treatment Market by Route of Administration
11.4.7.1.4 South Africa Acromegaly Treatment Market by Distribution Channel
11.4.7.2 Saudi Arabia Acromegaly Treatment Market
11.4.7.2.1 Saudi Arabia Acromegaly Treatment Market by Disease
11.4.7.2.2 Saudi Arabia Acromegaly Treatment Market by Drug Class
11.4.7.2.3 Saudi Arabia Acromegaly Treatment Market by Route of Administration
11.4.7.2.4 Saudi Arabia Acromegaly Treatment Market by Distribution Channel
11.4.7.3 U.A.E Acromegaly Treatment Market
11.4.7.3.1 U.A.E Acromegaly Treatment Market by Disease
11.4.7.3.2 U.A.E Acromegaly Treatment Market by Drug Class
11.4.7.3.3 U.A.E Acromegaly Treatment Market by Route of Administration
11.4.7.3.4 U.A.E Acromegaly Treatment Market by Distribution Channel
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Acromegaly Treatment Market Overview
11.5.2 South and Central America Acromegaly Treatment Market Forecasts and Analysis
11.5.3 South and Central America Acromegaly Treatment Market Forecasts and Analysis - By Disease
11.5.4 South and Central America Acromegaly Treatment Market Forecasts and Analysis - By Drug Class
11.5.5 South and Central America Acromegaly Treatment Market Forecasts and Analysis - By Route of Administration
11.5.6 South and Central America Acromegaly Treatment Market Forecasts and Analysis - By Distribution Channel
11.5.7 South and Central America Acromegaly Treatment Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Acromegaly Treatment Market
11.5.7.1.1 Brazil Acromegaly Treatment Market by Disease
11.5.7.1.2 Brazil Acromegaly Treatment Market by Drug Class
11.5.7.1.3 Brazil Acromegaly Treatment Market by Route of Administration
11.5.7.1.4 Brazil Acromegaly Treatment Market by Distribution Channel
11.5.7.2 Argentina Acromegaly Treatment Market
11.5.7.2.1 Argentina Acromegaly Treatment Market by Disease
11.5.7.2.2 Argentina Acromegaly Treatment Market by Drug Class
11.5.7.2.3 Argentina Acromegaly Treatment Market by Route of Administration
11.5.7.2.4 Argentina Acromegaly Treatment Market by Distribution Channel
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. ACROMEGALY TREATMENT MARKET, KEY COMPANY PROFILES
13.1. NOVARTIS AG
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. PFIZER INC.
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. MYLAN N.V.
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. ZYDUS PHARMACEUTICALS, INC.
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. IPSEN PHARMA
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. VALIDUS PHARMACEUTICALS LLC
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. TEVA PHARMACEUTICAL INDUSTRIES LTD.
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. SANDOZ INTERNATIONAL GMBH
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. FRESENIUS KABI
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. FORESEE PHARMACEUTICALS LLC
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. Novartis AG
2. Pfizer Inc.
3. Mylan N.V.
4. Zydus Pharmaceuticals, Inc.
5. Ipsen Pharma
6. Validus Pharmaceuticals LLC
7. Teva Pharmaceutical Industries Ltd.
8. Sandoz International GmbH
9. Fresenius Kabi
10. Foresee Pharmaceuticals LLC
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.