Animal Pregnancy Test Kits Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Animal Pregnancy Test Kits are quick response kits used to detect the pregnancy status of an animal. These are used in animal husbandry units to assess the success of induced or artificial insemination. Domestic animals are also subjected to such tests for commercial rearing of prominent species. These are employed as personal companions for purely aesthetic purposes.
MARKET SCOPE
The "Global Animal Pregnancy Test Kits Market Analysis to 2028" is a specialized and in-depth study of the medical devices industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Animal pregnancy test kits market with detailed market segmentation by type, end use, and geography. The report provides key statistics on the market status of the leading Animal pregnancy test kits market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global Animal pregnancy test kits market is segmented into pregnancy test kits cassettes, pregnancy test strips, others.
- On the basis of end use, the market is segmented into veterinary hospitals, veterinary clinics, e-commerce, others.
MARKET DYNAMICS
Drivers
- Rise in the availability of test kits.
- Growing awareness and increasing expenditure on animal healthcare.
- Rising adoption of pets
Restraints
- The lack of information regarding any specific novel approach or any specific marker to be used to accurately detect and monitor early pregnancy among animals the major restraining factor for this market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Animal pregnancy test kits market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring 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 America after evaluating political, economic, social and technological factors affecting the Animal pregnancy test kits market in these regions.
IMPACT OF COVID-19 ON ANIMAL PREGNANCY TEST KITS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Animal pregnancy test kits market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring 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 America after evaluating political, economic, social and technological factors affecting the Animal pregnancy test kits market in these regions.
IMPACT OF COVID-19 ON ANIMAL PREGNANCY TEST KITS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the Animal pregnancy test kits 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 marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Animal pregnancy test kits market are anticipated to lucrative growth opportunities in the future with the rising demand for Animal pregnancy test kits in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Animal pregnancy test kits market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- IDEXX Laboratories
- Fassisi
- BioTracking
- Zoetis Services
- Thermo Fisher Scientific
- Biomerieux
- Bio Rad Laboratories
- Indical Bioscience
- Agrolab SpA
- Neogen Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer 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
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
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Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
![Country Scope](https://www.theinsightpartners.com/assets/rdimages/country_scope.png)
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 Animal Pregnancy Test Kits Market - By Type
1.3.2 Animal Pregnancy Test Kits Market - By End Use
1.3.3 Animal Pregnancy Test Kits Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ANIMAL PREGNANCY TEST KITS 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. ANIMAL PREGNANCY TEST KITS 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. ANIMAL PREGNANCY TEST KITS MARKET - GLOBAL MARKET ANALYSIS
6.1. ANIMAL PREGNANCY TEST KITS - GLOBAL MARKET OVERVIEW
6.2. ANIMAL PREGNANCY TEST KITS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. ANIMAL PREGNANCY TEST KITS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. PREGNANCY TEST KITS CASSETTES
7.3.1. Overview
7.3.2. Pregnancy Test Kits Cassettes Market Forecast and Analysis
7.4. PREGNANCY TEST STRIPS
7.4.1. Overview
7.4.2. Pregnancy Test Strips Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. ANIMAL PREGNANCY TEST KITS MARKET - REVENUE AND FORECASTS TO 2028 - END USE
8.1. OVERVIEW
8.2. END USE MARKET FORECASTS AND ANALYSIS
8.3. VETERINARY HOSPITALS
8.3.1. Overview
8.3.2. Veterinary Hospitals Market Forecast and Analysis
8.4. VETERINARY CLINICS
8.4.1. Overview
8.4.2. Veterinary Clinics Market Forecast and Analysis
8.5. E-COMMERCE
8.5.1. Overview
8.5.2. E-Commerce Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. ANIMAL PREGNANCY TEST KITS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Animal Pregnancy Test Kits Market Overview
9.1.2 North America Animal Pregnancy Test Kits Market Forecasts and Analysis
9.1.3 North America Animal Pregnancy Test Kits Market Forecasts and Analysis - By Type
9.1.4 North America Animal Pregnancy Test Kits Market Forecasts and Analysis - By End Use
9.1.5 North America Animal Pregnancy Test Kits Market Forecasts and Analysis - By Countries
9.1.5.1 United States Animal Pregnancy Test Kits Market
9.1.5.1.1 United States Animal Pregnancy Test Kits Market by Type
9.1.5.1.2 United States Animal Pregnancy Test Kits Market by End Use
9.1.5.2 Canada Animal Pregnancy Test Kits Market
9.1.5.2.1 Canada Animal Pregnancy Test Kits Market by Type
9.1.5.2.2 Canada Animal Pregnancy Test Kits Market by End Use
9.1.5.3 Mexico Animal Pregnancy Test Kits Market
9.1.5.3.1 Mexico Animal Pregnancy Test Kits Market by Type
9.1.5.3.2 Mexico Animal Pregnancy Test Kits Market by End Use
9.2. EUROPE
9.2.1 Europe Animal Pregnancy Test Kits Market Overview
9.2.2 Europe Animal Pregnancy Test Kits Market Forecasts and Analysis
9.2.3 Europe Animal Pregnancy Test Kits Market Forecasts and Analysis - By Type
9.2.4 Europe Animal Pregnancy Test Kits Market Forecasts and Analysis - By End Use
9.2.5 Europe Animal Pregnancy Test Kits Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Animal Pregnancy Test Kits Market
9.2.5.1.1 Germany Animal Pregnancy Test Kits Market by Type
9.2.5.1.2 Germany Animal Pregnancy Test Kits Market by End Use
9.2.5.2 France Animal Pregnancy Test Kits Market
9.2.5.2.1 France Animal Pregnancy Test Kits Market by Type
9.2.5.2.2 France Animal Pregnancy Test Kits Market by End Use
9.2.5.3 Italy Animal Pregnancy Test Kits Market
9.2.5.3.1 Italy Animal Pregnancy Test Kits Market by Type
9.2.5.3.2 Italy Animal Pregnancy Test Kits Market by End Use
9.2.5.4 Spain Animal Pregnancy Test Kits Market
9.2.5.4.1 Spain Animal Pregnancy Test Kits Market by Type
9.2.5.4.2 Spain Animal Pregnancy Test Kits Market by End Use
9.2.5.5 United Kingdom Animal Pregnancy Test Kits Market
9.2.5.5.1 United Kingdom Animal Pregnancy Test Kits Market by Type
9.2.5.5.2 United Kingdom Animal Pregnancy Test Kits Market by End Use
9.2.5.6 Rest of Europe Animal Pregnancy Test Kits Market
9.2.5.6.1 Rest of Europe Animal Pregnancy Test Kits Market by Type
9.2.5.6.2 Rest of Europe Animal Pregnancy Test Kits Market by End Use
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Animal Pregnancy Test Kits Market Overview
9.3.2 Asia-Pacific Animal Pregnancy Test Kits Market Forecasts and Analysis
9.3.3 Asia-Pacific Animal Pregnancy Test Kits Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Animal Pregnancy Test Kits Market Forecasts and Analysis - By End Use
9.3.5 Asia-Pacific Animal Pregnancy Test Kits Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Animal Pregnancy Test Kits Market
9.3.5.1.1 Australia Animal Pregnancy Test Kits Market by Type
9.3.5.1.2 Australia Animal Pregnancy Test Kits Market by End Use
9.3.5.2 China Animal Pregnancy Test Kits Market
9.3.5.2.1 China Animal Pregnancy Test Kits Market by Type
9.3.5.2.2 China Animal Pregnancy Test Kits Market by End Use
9.3.5.3 India Animal Pregnancy Test Kits Market
9.3.5.3.1 India Animal Pregnancy Test Kits Market by Type
9.3.5.3.2 India Animal Pregnancy Test Kits Market by End Use
9.3.5.4 Japan Animal Pregnancy Test Kits Market
9.3.5.4.1 Japan Animal Pregnancy Test Kits Market by Type
9.3.5.4.2 Japan Animal Pregnancy Test Kits Market by End Use
9.3.5.5 South Korea Animal Pregnancy Test Kits Market
9.3.5.5.1 South Korea Animal Pregnancy Test Kits Market by Type
9.3.5.5.2 South Korea Animal Pregnancy Test Kits Market by End Use
9.3.5.6 Rest of Asia-Pacific Animal Pregnancy Test Kits Market
9.3.5.6.1 Rest of Asia-Pacific Animal Pregnancy Test Kits Market by Type
9.3.5.6.2 Rest of Asia-Pacific Animal Pregnancy Test Kits Market by End Use
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Animal Pregnancy Test Kits Market Overview
9.4.2 Middle East and Africa Animal Pregnancy Test Kits Market Forecasts and Analysis
9.4.3 Middle East and Africa Animal Pregnancy Test Kits Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Animal Pregnancy Test Kits Market Forecasts and Analysis - By End Use
9.4.5 Middle East and Africa Animal Pregnancy Test Kits Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Animal Pregnancy Test Kits Market
9.4.5.1.1 South Africa Animal Pregnancy Test Kits Market by Type
9.4.5.1.2 South Africa Animal Pregnancy Test Kits Market by End Use
9.4.5.2 Saudi Arabia Animal Pregnancy Test Kits Market
9.4.5.2.1 Saudi Arabia Animal Pregnancy Test Kits Market by Type
9.4.5.2.2 Saudi Arabia Animal Pregnancy Test Kits Market by End Use
9.4.5.3 U.A.E Animal Pregnancy Test Kits Market
9.4.5.3.1 U.A.E Animal Pregnancy Test Kits Market by Type
9.4.5.3.2 U.A.E Animal Pregnancy Test Kits Market by End Use
9.4.5.4 Rest of Middle East and Africa Animal Pregnancy Test Kits Market
9.4.5.4.1 Rest of Middle East and Africa Animal Pregnancy Test Kits Market by Type
9.4.5.4.2 Rest of Middle East and Africa Animal Pregnancy Test Kits Market by End Use
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Animal Pregnancy Test Kits Market Overview
9.5.2 South and Central America Animal Pregnancy Test Kits Market Forecasts and Analysis
9.5.3 South and Central America Animal Pregnancy Test Kits Market Forecasts and Analysis - By Type
9.5.4 South and Central America Animal Pregnancy Test Kits Market Forecasts and Analysis - By End Use
9.5.5 South and Central America Animal Pregnancy Test Kits Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Animal Pregnancy Test Kits Market
9.5.5.1.1 Brazil Animal Pregnancy Test Kits Market by Type
9.5.5.1.2 Brazil Animal Pregnancy Test Kits Market by End Use
9.5.5.2 Argentina Animal Pregnancy Test Kits Market
9.5.5.2.1 Argentina Animal Pregnancy Test Kits Market by Type
9.5.5.2.2 Argentina Animal Pregnancy Test Kits Market by End Use
9.5.5.3 Rest of South and Central America Animal Pregnancy Test Kits Market
9.5.5.3.1 Rest of South and Central America Animal Pregnancy Test Kits Market by Type
9.5.5.3.2 Rest of South and Central America Animal Pregnancy Test Kits Market by End Use
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL ANIMAL PREGNANCY TEST KITS MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Middle East and Africa
10.5 South and Central America
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. ANIMAL PREGNANCY TEST KITS MARKET, KEY COMPANY PROFILES
12.1. IDEXX LABORATORIES
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. FASSISI
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. BIOTRACKING
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. ZOETIS SERVICES
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. THERMO FISHER SCIENTIFIC
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. BIOMERIEUX
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. BIO RAD LABORATORIES
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. INDICAL BIOSCIENCE
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. AGROLAB SPA
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. NEOGEN CORPORATION
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. IDEXX Laboratories
2. Fassisi
3. BioTracking
4. Zoetis Services
5. Thermo Fisher Scientific
6. Biomerieux
7. Bio Rad Laboratories
8. Indical Bioscience
9. Agrolab SpA
10. Neogen Corporation
11. IDVET
12. GD Animal Health
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.