Automated CPR Devices Market Insights and Updates by 2031
The Automated CPR Devices Market is expected to register a CAGR of 9.0% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Type ( Pneumatic Driven, Battery Driven ). The report further presents analysis based on the End User ( Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Emergency Medical Services ). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Automated CPR Devices Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Automated CPR Devices Market Segmentation
Type- Pneumatic Driven
- Battery Driven
- Hospitals
- Ambulatory Surgical Centers
- Specialty Clinics
- Emergency Medical Services
Strategic Insights
Automated CPR Devices Market Growth Drivers- Increasing cases of Cardiac Arrest: Cardiovascular diseases (CVDs) are the leading cause of mortality and morbidity globally. As per the World Health Organization (WHO), ~17.9 million lives are lost due to CVD every year, i.e., ~32% of all deaths reported globally. The awareness regarding CPR is high in western countries. According to the Centers for Disease Control and Prevention (CDC), ~350,000 cases of out-of-hospital cardiac arrest (OHCA) occur in the US every year. Thus, with rising rates of cardiovascular diseases, the demand for effective resuscitation tools is growing.
- CPR training programs: A study titled “The Global Survival Rate Among Adult Out-Of-Hospital Cardiac Arrest Patients who Received Cardiopulmonary Resuscitation: A Systematic Review and Meta-Analysis,” published in 2020 calculated the survival rates of OHCA patients who received CPR from an emergency medical service (EMS) or bystander. The study reported a significant increase in the survival rates from the OHCA in the past few years, and the rates are greater among patients who received CPR and were living in western countries. Increasing CPR training for saving lives and growing use of automated CPR is fueling the growth of the market.
- CPR awareness: The Ministry of Health and Family Welfare of India also launched a nationwide public awareness campaign on the CPR Awareness Program by the National Board of Examinations in Medical Sciences (NBEMS) in 2023. During this campaign, participants, including healthcare professionals, medical students, and paramedical staff, were given training in a single sitting through an online medium. These initiatives create significant demand for awareness of CPR to the public and professionals alike.
- Robotics in CPR: The impact of robotics on the field of automated CPR is highly significant because advanced high-quality resuscitation devices are being developed. Robotic systems can perform chest compressions at consistent depth and rate, therefore following the guidelines of CPR. These do reduce the exertion by healthcare professionals and may work continuously, as it becomes an important necessity during long cardiac emergencies. Other systems have sensors which track responses within the patient and adjust the compressions in real time. On the other hand, applying robotics in CPR training enhances training programs further as it simulates real conditions. Generally, the increased effectiveness and reliability of CPR and hence survival for cardiac arrest victims can be assured through the incorporation of robotics.
- Data Analytics: Data Analytics has been vital for automated CPR markets in the sense of improving device performance and training effectiveness. Metrics collected from CPR devices and analyzed by healthcare providers enable them to have a quality check on the compressions they administer and identify areas that are appropriate and where they should be rectified. This way, data-informed training programs inform responders on how to perfect their techniques. Analytics also allows tracking of patient outcomes, which offers insights into how effective an automated CPR intervention is. Because of these kinds of insights, which become more comprehensive than those offered by current analytics systems, they also help to shape best practices and guidelines for the implementation of CPR. Again, this will finally lead to data analytics not only improve each individual response but also actually upgrade overall emergency care standards.
- Public Access Defibrillation: Public access defibrillation is an important part of the market for automated CPR to save as many lives as possible in cases of cardiac arrest. Communities empower bystanders by fitting public access defibrillators, that is, automated external defibrillators in public areas. These automated external defibrillators give voice prompts clearly and loudly. This equipment is user-friendly because it does not require medical professionals to operate. Increased awareness and training programs encourage more widespread use of AEDs in stimulating prepared culture. The strategic location of PAD programs further promotes quicker response in emergencies, where one of its most critical roles would be the saving of lives within high-traffic areas.
- Smart Devices: Advancements of smart devices in the automatized CPR market change emergency response practices. These devices are powered by built-in AI to make CPR techniques more effective and at one correct compression depth and rate. Devices for wearable technology, such as a smartwatch, track your vital signs to alert you to potential cardiac events. All this gets synchronized with the automated CPR system, allowing instant intervention. Better connectivity enables real-time guidance through mobile apps and telemedicine platforms. Robotic systems are also surfacing that provide constant CPR with precision accuracy. The data generated by this device are used to train and reinforce perfection for better survival rates from cardiac events.
- Expansion in Emerging Market: The automated CPR market is expanding rapidly in emerging markets due to the increasing awareness of healthcare and the development of infrastructure. The requirement for proper resuscitation tools is correlated with the improvement in the capabilities of emergency medical services in countries. Automated CPR devices, particularly AEDs and compression systems, are found to be well integrated into public health initiatives, training programs, and community health outreach. Governments are playing a strong role in allowing access to these technologies through funding. The improvement of these organizations is now in partnerships for better help in tailoring solutions according to regional needs. This growth and expansion do not only improve emergency response but also raise the awareness about cardiac health, making them save more lives.
- Integration with telemedicine: Integration with telemedicine is evolving the automated CPR market in terms of real-time support during emergencies. The telehealth platforms allow healthcare workers to give immediate direction to those bystanders who have administered automated CPR devices, thus ensuring the proper techniques are in place. This connection allows for remote monitoring of patients and makes decisions with such speed that increases the chances of survival for patients. Simultaneously, telemedicine provides an opportunity for data sharing which enables the paramedics to receive essential information before their arrival at the scene. As public awareness about telehealth grows, cooperation between telemedicine and automated CPR technology will be essential, generating improvements in outcomes pertaining to cardiac arrest as well as much better access to interventions that are truly lifesaving.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Automated CPR Devices Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Automated CPR Devices Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORKHave a question?
Mrinal
Mrinal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- 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.
Frequently Asked Questions
Pneumatic Driven segment, by type, dominated the market in 2023.
Players operating in the market are ZOLL Medical Corporation, CPR Medical Devices Inc, Medtronic, Brunswick Biomedical Technologies, SunLife, Schiller, Stryker Corp, and Michigan Insutruments
Government Initiatives act as a opportunity for growth of the market in forecast period.
North America region dominated the automated CPR market in 2023.
The Automated CPR Devices Market is estimated to witness a CAGR of 9.0% from 2023 to 2031
The major factors driving the automated CPR market are:
1. Increasing Kidney Diseases.
2.Awareness related to kidney diseases
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 Automated CPR Devices Market - By Type
1.3.2 Automated CPR Devices Market - By End User
1.3.3 Automated CPR Devices Market - By Region
1.3.3.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. AUTOMATED CPR 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. AUTOMATED CPR 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, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. AUTOMATED CPR DEVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. AUTOMATED CPR DEVICES - GLOBAL MARKET OVERVIEW
6.2. AUTOMATED CPR DEVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AUTOMATED CPR DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. PNEUMATIC DRIVEN
7.3.1. Overview
7.3.2. Pneumatic Driven Market Forecast and Analysis
7.4. BATTERY DRIVEN
7.4.1. Overview
7.4.2. Battery Driven Market Forecast and Analysis
8. AUTOMATED CPR DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. HOSPITALS
8.3.1. Overview
8.3.2. Hospitals Market Forecast and Analysis
8.4. AMBULATORY SURGICAL CENTERS
8.4.1. Overview
8.4.2. Ambulatory Surgical Centers Market Forecast and Analysis
8.5. SPECIALTY CLINICS
8.5.1. Overview
8.5.2. Specialty Clinics Market Forecast and Analysis
8.6. EMERGENCY MEDICAL SERVICES
8.6.1. Overview
8.6.2. Emergency Medical Services Market Forecast and Analysis
9. AUTOMATED CPR DEVICES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Automated CPR Devices Market Overview
9.1.2 North America Automated CPR Devices Market Forecasts and Analysis
9.1.3 North America Automated CPR Devices Market Forecasts and Analysis - By Type
9.1.4 North America Automated CPR Devices Market Forecasts and Analysis - By End User
9.1.5 North America Automated CPR Devices Market Forecasts and Analysis - By Countries
9.1.5.1 United States Automated CPR Devices Market
9.1.5.1.1 United States Automated CPR Devices Market by Type
9.1.5.1.2 United States Automated CPR Devices Market by End User
9.1.5.2 Canada Automated CPR Devices Market
9.1.5.2.1 Canada Automated CPR Devices Market by Type
9.1.5.2.2 Canada Automated CPR Devices Market by End User
9.1.5.3 Mexico Automated CPR Devices Market
9.1.5.3.1 Mexico Automated CPR Devices Market by Type
9.1.5.3.2 Mexico Automated CPR Devices Market by End User
9.1.5.4 US Automated CPR Devices Market
9.1.5.4.1 US Automated CPR Devices Market by Type
9.1.5.4.2 US Automated CPR Devices Market by End User
9.2. EUROPE
9.2.1 Europe Automated CPR Devices Market Overview
9.2.2 Europe Automated CPR Devices Market Forecasts and Analysis
9.2.3 Europe Automated CPR Devices Market Forecasts and Analysis - By Type
9.2.4 Europe Automated CPR Devices Market Forecasts and Analysis - By End User
9.2.5 Europe Automated CPR Devices Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Automated CPR Devices Market
9.2.5.1.1 Germany Automated CPR Devices Market by Type
9.2.5.1.2 Germany Automated CPR Devices Market by End User
9.2.5.2 France Automated CPR Devices Market
9.2.5.2.1 France Automated CPR Devices Market by Type
9.2.5.2.2 France Automated CPR Devices Market by End User
9.2.5.3 Italy Automated CPR Devices Market
9.2.5.3.1 Italy Automated CPR Devices Market by Type
9.2.5.3.2 Italy Automated CPR Devices Market by End User
9.2.5.4 Spain Automated CPR Devices Market
9.2.5.4.1 Spain Automated CPR Devices Market by Type
9.2.5.4.2 Spain Automated CPR Devices Market by End User
9.2.5.5 United Kingdom Automated CPR Devices Market
9.2.5.5.1 United Kingdom Automated CPR Devices Market by Type
9.2.5.5.2 United Kingdom Automated CPR Devices Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Automated CPR Devices Market Overview
9.3.2 Asia-Pacific Automated CPR Devices Market Forecasts and Analysis
9.3.3 Asia-Pacific Automated CPR Devices Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Automated CPR Devices Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Automated CPR Devices Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Automated CPR Devices Market
9.3.5.1.1 Australia Automated CPR Devices Market by Type
9.3.5.1.2 Australia Automated CPR Devices Market by End User
9.3.5.2 China Automated CPR Devices Market
9.3.5.2.1 China Automated CPR Devices Market by Type
9.3.5.2.2 China Automated CPR Devices Market by End User
9.3.5.3 India Automated CPR Devices Market
9.3.5.3.1 India Automated CPR Devices Market by Type
9.3.5.3.2 India Automated CPR Devices Market by End User
9.3.5.4 Japan Automated CPR Devices Market
9.3.5.4.1 Japan Automated CPR Devices Market by Type
9.3.5.4.2 Japan Automated CPR Devices Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Automated CPR Devices Market Overview
9.4.2 Middle East and Africa Automated CPR Devices Market Forecasts and Analysis
9.4.3 Middle East and Africa Automated CPR Devices Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Automated CPR Devices Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Automated CPR Devices Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Automated CPR Devices Market
9.4.5.1.1 South Africa Automated CPR Devices Market by Type
9.4.5.1.2 South Africa Automated CPR Devices Market by End User
9.4.5.2 Saudi Arabia Automated CPR Devices Market
9.4.5.2.1 Saudi Arabia Automated CPR Devices Market by Type
9.4.5.2.2 Saudi Arabia Automated CPR Devices Market by End User
9.4.5.3 U.A.E Automated CPR Devices Market
9.4.5.3.1 U.A.E Automated CPR Devices Market by Type
9.4.5.3.2 U.A.E Automated CPR Devices Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Automated CPR Devices Market Overview
9.5.2 South and Central America Automated CPR Devices Market Forecasts and Analysis
9.5.3 South and Central America Automated CPR Devices Market Forecasts and Analysis - By Type
9.5.4 South and Central America Automated CPR Devices Market Forecasts and Analysis - By End User
9.5.5 South and Central America Automated CPR Devices Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Automated CPR Devices Market
9.5.5.1.1 Brazil Automated CPR Devices Market by Type
9.5.5.1.2 Brazil Automated CPR Devices Market by End User
9.5.5.2 Argentina Automated CPR Devices Market
9.5.5.2.1 Argentina Automated CPR Devices Market by Type
9.5.5.2.2 Argentina Automated CPR Devices Market by End User
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. AUTOMATED CPR DEVICES MARKET, KEY COMPANY PROFILES
11.1. ZOLL MEDICAL CORPORATION
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CPR MEDICAL DEVICES, INC
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. MEDTRONIC, INC
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. BRUNSWICK BIOMEDICAL TECHNOLOGIES
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. MICHIGAN INSTRUMENTS
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. SUNLIFE SCIENCE
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. JOLIFE AB
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SCHILLER
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. MEDINCN.COM
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. STRYKER CORPORATION
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
- ZOLL Medical Corporation
- CPR Medical Devices, Inc
- Medtronic, Inc.
- Brunswick Biomedical Technologies
- Michigan Instruments
- SunLife Science
- Jolife AB
- Schiller
- MEDinCN. com
- Stryker Corporation
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.