Asthma Devices Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Asthma Devices Market covers analysis By Type (Inhalers, Nebulizers, Dry Powder Inhalers, Metered-Dose Inhalers, Mesh Nebulizers); Technology (Manually Operated, Digitally Operated); End Users (Hospital, Retail Pharmacies) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00018026
  • Category : Medical Device
  • No. of Pages : 150
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Asthma Devices Market Opportunities 2031

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MARKET INTRODUCTION

Asthma is the chronic inflammatory condition of airways and lungs which makes breathing difficult and also triggers severe coughing. The symptoms of asthma are, whistling sound from breathing, wheezing, tightness in chest, difficulty while talking, fatigue etc. Asthma devices are the set of medical devices which delivers medicine directly to the lungs and help to treat the conditions like asthma as well as COPD. Asthma devices include, inhalers, nebulizers, mesh nebulizers, metered dose inhalers.

MARKET DYNAMICS

The key market drivers for Asthma Devices Market Includes, rising incidences of asthma and other breathing related disorders, increasing geriatric population across the globe. Moreover, increasing healthcare expenditure along with rising awareness in people about treating asthma is also expected to fuel market growth during forecast period. However, long treatment procedure and lack of reimbursement policies in developing economies is expected to restrain market growth during forecast period.

MARKET SCOPE

The "Asthma Devices Market" is a specialized and in-depth study of the Medical Device industry with a special focus on the global market trend analysis. The report aims to provide an overview of Asthma Devices market with detailed market segmentation by type, technology and end users. The Asthma Devices 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 Asthma Devices Market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The Asthma Devices Market is segmented on the basis of type, technology and end users. On the basis of type the market is segmented as, inhalers, nebulizers, dry powder inhalers, mesh nebulizers. On the basis of technology the market is segmented as, manually operated, digitally operated. And on the basis of end users the market is segmented as, hospital and retail 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 Asthma Devices 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 Asthma Devices 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 Asthma Devices 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 Asthma Devices Market in these regions.

World Geography

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Asthma Devices 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 Asthma Devices 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 Asthma Devices 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 Asthma Devices Market in these regions.

MARKET PLAYERS

The report covers key developments in the Asthma Devices Markets 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 Asthma Devices Market are anticipated to have lucrative growth opportunities in the future with the rising demand for, Asthma Devices market in the global market. Below mentioned is the list of few companies engaged in the Asthma Devices Market.

The report also includes the profiles of key players in Asthma Devices 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.

  •   GlaxoSmithKline Plc.
  •   Merck and Co., Inc.
  •   Aristopharma Ltd.
  •   3M
  •   SRS PHARMACEUTICALS PVT. LTD.
  •   AstraZeneca
  •   Baxter
  •   Boehringer Ingelheim GmbH
  •   Koninklijke Philips N.V
  •   Teva Pharmaceuticals Industries 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
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Asthma Devices Market - By Type
1.3.2 Asthma Devices Market - By Technology
1.3.3 Asthma Devices Market - By End Users
1.3.4 Asthma Devices Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. ASTHMA DEVICES 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. ASTHMA DEVICES 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. ASTHMA DEVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. ASTHMA DEVICES - GLOBAL MARKET OVERVIEW
6.2. ASTHMA DEVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. ASTHMA DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. INHALERS
7.3.1. Overview
7.3.2. Inhalers Market Forecast and Analysis
7.4. NEBULIZERS
7.4.1. Overview
7.4.2. Nebulizers Market Forecast and Analysis
7.5. DRY POWDER INHALERS
7.5.1. Overview
7.5.2. Dry Powder Inhalers Market Forecast and Analysis
7.6. METERED-DOSE INHALERS
7.6.1. Overview
7.6.2. Metered-Dose Inhalers Market Forecast and Analysis
7.7. MESH NEBULIZERS
7.7.1. Overview
7.7.2. Mesh Nebulizers Market Forecast and Analysis
8. ASTHMA DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
8.1. OVERVIEW
8.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
8.3. MANUALLY OPERATED
8.3.1. Overview
8.3.2. Manually Operated Market Forecast and Analysis
8.4. DIGITALLY OPERATED
8.4.1. Overview
8.4.2. Digitally Operated Market Forecast and Analysis
9. ASTHMA DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - END USERS
9.1. OVERVIEW
9.2. END USERS MARKET FORECASTS AND ANALYSIS
9.3. HOSPITAL
9.3.1. Overview
9.3.2. Hospital Market Forecast and Analysis
9.4. RETAIL PHARMACIES
9.4.1. Overview
9.4.2. Retail Pharmacies Market Forecast and Analysis

10. ASTHMA DEVICES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Asthma Devices Market Overview
10.1.2 North America Asthma Devices Market Forecasts and Analysis
10.1.3 North America Asthma Devices Market Forecasts and Analysis - By Type
10.1.4 North America Asthma Devices Market Forecasts and Analysis - By Technology
10.1.5 North America Asthma Devices Market Forecasts and Analysis - By End Users
10.1.6 North America Asthma Devices Market Forecasts and Analysis - By Countries
10.1.6.1 United States Asthma Devices Market
10.1.6.1.1 United States Asthma Devices Market by Type
10.1.6.1.2 United States Asthma Devices Market by Technology
10.1.6.1.3 United States Asthma Devices Market by End Users
10.1.6.2 Canada Asthma Devices Market
10.1.6.2.1 Canada Asthma Devices Market by Type
10.1.6.2.2 Canada Asthma Devices Market by Technology
10.1.6.2.3 Canada Asthma Devices Market by End Users
10.1.6.3 Mexico Asthma Devices Market
10.1.6.3.1 Mexico Asthma Devices Market by Type
10.1.6.3.2 Mexico Asthma Devices Market by Technology
10.1.6.3.3 Mexico Asthma Devices Market by End Users
10.2. EUROPE
10.2.1 Europe Asthma Devices Market Overview
10.2.2 Europe Asthma Devices Market Forecasts and Analysis
10.2.3 Europe Asthma Devices Market Forecasts and Analysis - By Type
10.2.4 Europe Asthma Devices Market Forecasts and Analysis - By Technology
10.2.5 Europe Asthma Devices Market Forecasts and Analysis - By End Users
10.2.6 Europe Asthma Devices Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Asthma Devices Market
10.2.6.1.1 Germany Asthma Devices Market by Type
10.2.6.1.2 Germany Asthma Devices Market by Technology
10.2.6.1.3 Germany Asthma Devices Market by End Users
10.2.6.2 France Asthma Devices Market
10.2.6.2.1 France Asthma Devices Market by Type
10.2.6.2.2 France Asthma Devices Market by Technology
10.2.6.2.3 France Asthma Devices Market by End Users
10.2.6.3 Italy Asthma Devices Market
10.2.6.3.1 Italy Asthma Devices Market by Type
10.2.6.3.2 Italy Asthma Devices Market by Technology
10.2.6.3.3 Italy Asthma Devices Market by End Users
10.2.6.4 Spain Asthma Devices Market
10.2.6.4.1 Spain Asthma Devices Market by Type
10.2.6.4.2 Spain Asthma Devices Market by Technology
10.2.6.4.3 Spain Asthma Devices Market by End Users
10.2.6.5 United Kingdom Asthma Devices Market
10.2.6.5.1 United Kingdom Asthma Devices Market by Type
10.2.6.5.2 United Kingdom Asthma Devices Market by Technology
10.2.6.5.3 United Kingdom Asthma Devices Market by End Users
10.2.6.6 Rest of Europe Asthma Devices Market
10.2.6.6.1 Rest of Europe Asthma Devices Market by Type
10.2.6.6.2 Rest of Europe Asthma Devices Market by Technology
10.2.6.6.3 Rest of Europe Asthma Devices Market by End Users
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Asthma Devices Market Overview
10.3.2 Asia-Pacific Asthma Devices Market Forecasts and Analysis
10.3.3 Asia-Pacific Asthma Devices Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Asthma Devices Market Forecasts and Analysis - By Technology
10.3.5 Asia-Pacific Asthma Devices Market Forecasts and Analysis - By End Users
10.3.6 Asia-Pacific Asthma Devices Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Asthma Devices Market
10.3.6.1.1 Australia Asthma Devices Market by Type
10.3.6.1.2 Australia Asthma Devices Market by Technology
10.3.6.1.3 Australia Asthma Devices Market by End Users
10.3.6.2 China Asthma Devices Market
10.3.6.2.1 China Asthma Devices Market by Type
10.3.6.2.2 China Asthma Devices Market by Technology
10.3.6.2.3 China Asthma Devices Market by End Users
10.3.6.3 India Asthma Devices Market
10.3.6.3.1 India Asthma Devices Market by Type
10.3.6.3.2 India Asthma Devices Market by Technology
10.3.6.3.3 India Asthma Devices Market by End Users
10.3.6.4 Japan Asthma Devices Market
10.3.6.4.1 Japan Asthma Devices Market by Type
10.3.6.4.2 Japan Asthma Devices Market by Technology
10.3.6.4.3 Japan Asthma Devices Market by End Users
10.3.6.5 South Korea Asthma Devices Market
10.3.6.5.1 South Korea Asthma Devices Market by Type
10.3.6.5.2 South Korea Asthma Devices Market by Technology
10.3.6.5.3 South Korea Asthma Devices Market by End Users
10.3.6.6 Rest of Asia-Pacific Asthma Devices Market
10.3.6.6.1 Rest of Asia-Pacific Asthma Devices Market by Type
10.3.6.6.2 Rest of Asia-Pacific Asthma Devices Market by Technology
10.3.6.6.3 Rest of Asia-Pacific Asthma Devices Market by End Users
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Asthma Devices Market Overview
10.4.2 Middle East and Africa Asthma Devices Market Forecasts and Analysis
10.4.3 Middle East and Africa Asthma Devices Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Asthma Devices Market Forecasts and Analysis - By Technology
10.4.5 Middle East and Africa Asthma Devices Market Forecasts and Analysis - By End Users
10.4.6 Middle East and Africa Asthma Devices Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Asthma Devices Market
10.4.6.1.1 South Africa Asthma Devices Market by Type
10.4.6.1.2 South Africa Asthma Devices Market by Technology
10.4.6.1.3 South Africa Asthma Devices Market by End Users
10.4.6.2 Saudi Arabia Asthma Devices Market
10.4.6.2.1 Saudi Arabia Asthma Devices Market by Type
10.4.6.2.2 Saudi Arabia Asthma Devices Market by Technology
10.4.6.2.3 Saudi Arabia Asthma Devices Market by End Users
10.4.6.3 U.A.E Asthma Devices Market
10.4.6.3.1 U.A.E Asthma Devices Market by Type
10.4.6.3.2 U.A.E Asthma Devices Market by Technology
10.4.6.3.3 U.A.E Asthma Devices Market by End Users
10.4.6.4 Rest of Middle East and Africa Asthma Devices Market
10.4.6.4.1 Rest of Middle East and Africa Asthma Devices Market by Type
10.4.6.4.2 Rest of Middle East and Africa Asthma Devices Market by Technology
10.4.6.4.3 Rest of Middle East and Africa Asthma Devices Market by End Users
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Asthma Devices Market Overview
10.5.2 South and Central America Asthma Devices Market Forecasts and Analysis
10.5.3 South and Central America Asthma Devices Market Forecasts and Analysis - By Type
10.5.4 South and Central America Asthma Devices Market Forecasts and Analysis - By Technology
10.5.5 South and Central America Asthma Devices Market Forecasts and Analysis - By End Users
10.5.6 South and Central America Asthma Devices Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Asthma Devices Market
10.5.6.1.1 Brazil Asthma Devices Market by Type
10.5.6.1.2 Brazil Asthma Devices Market by Technology
10.5.6.1.3 Brazil Asthma Devices Market by End Users
10.5.6.2 Argentina Asthma Devices Market
10.5.6.2.1 Argentina Asthma Devices Market by Type
10.5.6.2.2 Argentina Asthma Devices Market by Technology
10.5.6.2.3 Argentina Asthma Devices Market by End Users
10.5.6.3 Rest of South and Central America Asthma Devices Market
10.5.6.3.1 Rest of South and Central America Asthma Devices Market by Type
10.5.6.3.2 Rest of South and Central America Asthma Devices Market by Technology
10.5.6.3.3 Rest of South and Central America Asthma Devices Market by End Users

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. ASTHMA DEVICES MARKET, KEY COMPANY PROFILES
12.1. GLAXOSMITHKLINE PLC.
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. MERCK AND CO., INC
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. ARISTOPHARMA LTD.
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. 3M
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. SRS PHARMACEUTICALS PVT. LTD.
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. ASTRAZENECA
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. BAXTER
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. BOEHRINGER INGELHEIM GMBH
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. KONINKLIJKE PHILIPS N.V
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. TEVA PHARMACEUTICAL INDUSTRIES LTD
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
The List of Companies

1. GlaxoSmithKline plc.
2. Merck and Co., Inc
3. Aristopharma Ltd.
4. 3M
5. SRS PHARMACEUTICALS PVT. LTD.
6. AstraZeneca
7. Baxter
8. Boehringer Ingelheim GmbH
9. Koninklijke Philips N.V
10. Teva Pharmaceutical Industries Ltd

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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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