Bariatric Patient Lifts Market Report - (Growth and Size 2031)
The Bariatric Patient Lifts Market is expected to register a CAGR of 6.4% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Type (Hydraulic Bariatric Lifts, Electric Bariatric Lifts, Battery Powered Bariatric Lifts). The report is segmented by Application (Hospital, Nursing Houses, Retirement Home, Others).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 Bariatric Patient Lifts 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.
Bariatric Patient Lifts Market Segmentation
Type- Hydraulic Bariatric Lifts
- Electric Bariatric Lifts
- Battery Powered Bariatric Lifts
- Hospital
- Nursing Houses
- Retirement Home
- Others
Strategic Insights
Bariatric Patient Lifts Market Growth Drivers- Escalating Worldwide Rates of Obesity: Increasing levels worldwide have prompted rapid increase in the bariatric patient lift market. Obesity has tripled more than twice since 1975, according to the World Health Organization (WHO). Still, as more and more people continue to get overweight and obese across continents, it appears to be particularly high in North America, Europe, and some parts of Asia-Pacific. Thus, this is contributing to an increasing demand for more bariatric-specific healthcare equipment, including lifts. Bariatric patient lifts are very important for transferring obese patients safely and effectively as well as giving them a sense of dignity while being transferred in hospitals, at home, and in nursing homes.
- Ageing Population: Another important driving factor for the market is the world's ageing population. Older adults have a great deal of mobility problems and many also have comorbid conditions that could lead to obesity. With a longer life span, so too does the demand for devices that will enable patients to get more mobility. Thus, bariatric patient lifts will an integral part of geriatric care, where patients often face mobility challenges and safety of patients is a priority due to geriatric patients.
- Better Healthcare Infrastructure: Across many regions of the world, many governments invest in the improvement of healthcare infrastructures. Emerging markets in healthcare investment venture into equipment acquisition for the purposes of improving patient care and keeping safety among health personnel. More and more, as patients' outcomes are increased and injury risks lowered, healthcare providers are considering bariatric lifts as a standard piece of equipment in settings where heavier-weight patients are cared for-in hospitals, rehabilitation centers, and home care environments.
- Emerging technologies advances: The market for bariatric patient lifts is being re-engineered through the invention of smarter and efficient lifting systems. The modern-day bariatric lifts have the latest advancement such as electronic controls, remote monitoring, and enhanced weight sensors. This advancement makes lifting accurate and comfortable and safe for patients and caregivers alike. Wireless technologies, as well as integration with healthcare systems for patient data tracking, are becoming integrated for seamless workflow, enhanced patient care.
- Home Care Solutions: While these increase home healthcare needs and the cost associated with hospital care, many more patients are opting to receive care in their residences. A new range of bariatric patient lifts has been innovated considering the home use because they are getting compact, cheaper, and easier to use. It is giving manufacturers a chance to make devices for needs such as portability, usability, and discreet designs that blend into homes.
- Customization and Ergonomics: Lifts have become more flexible, and so healthcare providers are able to select for themselves lifts that they find suitable for bariatric patients. Adjustable width, height, and arm rests are becoming standardized features that ensure comfort and safety during the transfer processes. In addition, patients and caregivers will not undergo much strain, as ergonomic designs are also considered when designing lifts, adding to better results.
- Product Diversification: Hence, the manufacturer could avail numerous opportunities from the different diversifications of their product portfolios. For example, the bariatric lift can be included with other assisted technologies such as the bariatric bed, shower chair, or even such atypical wheelchairs into comprehensive solutions in patient care. Also, there could be a site for companies to better find opportunities in rental services or subscription models for bariatric equipment, mainly because of the limitation of upfront purchase of costly equipment within home healthcare providers.
- Telemedicine Integration: Telemedicine integration is another arena, wherein bariatric lifts can make their mark. Since telemedicine is fast becoming the norm, it would permit the incorporation of bariatric lifts with telehealth platforms. For example, caregiver user trends can establish if there should be a patient under certain interventions. This can be important in the management of chronic conditions such as obesity, requiring continued care and monitoring.
- Sustainability and Eco-Friendly Designs: Patients are also increasingly making demands for sustainable options in healthcare. They can now offer companies the chance to manufacture bariatric lifts from eco-friendly materials, energy-efficient systems, and recyclable components. This way, the environmental footprint of these devices will reduce, and they will also be pleasing to the eye of the environmentally conscious consumer and healthcare facilities oriented towards sustainability.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Bariatric Patient Lifts 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 Bariatric Patient Lifts 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 FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The Bariatric Patient Lifts Market is estimated to witness a CAGR of 6.4% from 2023 to 2031
The major factors driving the Bariatric Patient Lifts market are:
1. Escalating Worldwide Rates of Obesity
2. Ageing Population
Product Diversification act as a opportunity for growth of the market in forecast period.
North America region dominated the Bariatric Patient Lifts market in 2023.
Hydraulic Bariatric Lifts segment, by type, dominated the market in 2023.
Players operating in the market are Stryker Corporation, Invacare Corporation, Arjo, Hill,Rom Services, Inc, Handicare, Vancare, Joerns Healthcare LLC, Gainsborough Healthcare Group, Guldmann, VITAL MOBILITY MEDICAL SUPPLIES INC.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Bariatric Patient Lifts Market - By Type
1.3.2 Bariatric Patient Lifts Market - By Application
1.3.3 Bariatric Patient Lifts Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BARIATRIC PATIENT LIFTS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. BARIATRIC PATIENT LIFTS 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. BARIATRIC PATIENT LIFTS MARKET - GLOBAL MARKET ANALYSIS
6.1. BARIATRIC PATIENT LIFTS - GLOBAL MARKET OVERVIEW
6.2. BARIATRIC PATIENT LIFTS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. BARIATRIC PATIENT LIFTS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. HYDRAULIC BARIATRIC LIFTS
7.3.1. Overview
7.3.2. Hydraulic Bariatric Lifts Market Forecast and Analysis
7.4. ELECTRIC BARIATRIC LIFTS
7.4.1. Overview
7.4.2. Electric Bariatric Lifts Market Forecast and Analysis
7.5. BATTERY POWERED BARIATRIC LIFTS
7.5.1. Overview
7.5.2. Battery Powered Bariatric Lifts Market Forecast and Analysis
8. BARIATRIC PATIENT LIFTS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. HOSPITAL
8.3.1. Overview
8.3.2. Hospital Market Forecast and Analysis
8.4. NURSING HOUSES
8.4.1. Overview
8.4.2. Nursing Houses Market Forecast and Analysis
8.5. RETIREMENT HOME
8.5.1. Overview
8.5.2. Retirement Home Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. BARIATRIC PATIENT LIFTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Bariatric Patient Lifts Market Overview
9.1.2 North America Bariatric Patient Lifts Market Forecasts and Analysis
9.1.3 North America Bariatric Patient Lifts Market Forecasts and Analysis - By Type
9.1.4 North America Bariatric Patient Lifts Market Forecasts and Analysis - By Application
9.1.5 North America Bariatric Patient Lifts Market Forecasts and Analysis - By Countries
9.1.5.1 United States Bariatric Patient Lifts Market
9.1.5.1.1 United States Bariatric Patient Lifts Market by Type
9.1.5.1.2 United States Bariatric Patient Lifts Market by Application
9.1.5.2 Canada Bariatric Patient Lifts Market
9.1.5.2.1 Canada Bariatric Patient Lifts Market by Type
9.1.5.2.2 Canada Bariatric Patient Lifts Market by Application
9.1.5.3 Mexico Bariatric Patient Lifts Market
9.1.5.3.1 Mexico Bariatric Patient Lifts Market by Type
9.1.5.3.2 Mexico Bariatric Patient Lifts Market by Application
9.2. EUROPE
9.2.1 Europe Bariatric Patient Lifts Market Overview
9.2.2 Europe Bariatric Patient Lifts Market Forecasts and Analysis
9.2.3 Europe Bariatric Patient Lifts Market Forecasts and Analysis - By Type
9.2.4 Europe Bariatric Patient Lifts Market Forecasts and Analysis - By Application
9.2.5 Europe Bariatric Patient Lifts Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Bariatric Patient Lifts Market
9.2.5.1.1 Germany Bariatric Patient Lifts Market by Type
9.2.5.1.2 Germany Bariatric Patient Lifts Market by Application
9.2.5.2 France Bariatric Patient Lifts Market
9.2.5.2.1 France Bariatric Patient Lifts Market by Type
9.2.5.2.2 France Bariatric Patient Lifts Market by Application
9.2.5.3 Italy Bariatric Patient Lifts Market
9.2.5.3.1 Italy Bariatric Patient Lifts Market by Type
9.2.5.3.2 Italy Bariatric Patient Lifts Market by Application
9.2.5.4 Spain Bariatric Patient Lifts Market
9.2.5.4.1 Spain Bariatric Patient Lifts Market by Type
9.2.5.4.2 Spain Bariatric Patient Lifts Market by Application
9.2.5.5 United Kingdom Bariatric Patient Lifts Market
9.2.5.5.1 United Kingdom Bariatric Patient Lifts Market by Type
9.2.5.5.2 United Kingdom Bariatric Patient Lifts Market by Application
9.2.5.6 Rest of Europe Bariatric Patient Lifts Market
9.2.5.6.1 Rest of Europe Bariatric Patient Lifts Market by Type
9.2.5.6.2 Rest of Europe Bariatric Patient Lifts Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Bariatric Patient Lifts Market Overview
9.3.2 Asia-Pacific Bariatric Patient Lifts Market Forecasts and Analysis
9.3.3 Asia-Pacific Bariatric Patient Lifts Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Bariatric Patient Lifts Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Bariatric Patient Lifts Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Bariatric Patient Lifts Market
9.3.5.1.1 Australia Bariatric Patient Lifts Market by Type
9.3.5.1.2 Australia Bariatric Patient Lifts Market by Application
9.3.5.2 China Bariatric Patient Lifts Market
9.3.5.2.1 China Bariatric Patient Lifts Market by Type
9.3.5.2.2 China Bariatric Patient Lifts Market by Application
9.3.5.3 India Bariatric Patient Lifts Market
9.3.5.3.1 India Bariatric Patient Lifts Market by Type
9.3.5.3.2 India Bariatric Patient Lifts Market by Application
9.3.5.4 Japan Bariatric Patient Lifts Market
9.3.5.4.1 Japan Bariatric Patient Lifts Market by Type
9.3.5.4.2 Japan Bariatric Patient Lifts Market by Application
9.3.5.5 South Korea Bariatric Patient Lifts Market
9.3.5.5.1 South Korea Bariatric Patient Lifts Market by Type
9.3.5.5.2 South Korea Bariatric Patient Lifts Market by Application
9.3.5.6 Rest of Asia-Pacific Bariatric Patient Lifts Market
9.3.5.6.1 Rest of Asia-Pacific Bariatric Patient Lifts Market by Type
9.3.5.6.2 Rest of Asia-Pacific Bariatric Patient Lifts Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Bariatric Patient Lifts Market Overview
9.4.2 Middle East and Africa Bariatric Patient Lifts Market Forecasts and Analysis
9.4.3 Middle East and Africa Bariatric Patient Lifts Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Bariatric Patient Lifts Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Bariatric Patient Lifts Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Bariatric Patient Lifts Market
9.4.5.1.1 South Africa Bariatric Patient Lifts Market by Type
9.4.5.1.2 South Africa Bariatric Patient Lifts Market by Application
9.4.5.2 Saudi Arabia Bariatric Patient Lifts Market
9.4.5.2.1 Saudi Arabia Bariatric Patient Lifts Market by Type
9.4.5.2.2 Saudi Arabia Bariatric Patient Lifts Market by Application
9.4.5.3 U.A.E Bariatric Patient Lifts Market
9.4.5.3.1 U.A.E Bariatric Patient Lifts Market by Type
9.4.5.3.2 U.A.E Bariatric Patient Lifts Market by Application
9.4.5.4 Rest of Middle East and Africa Bariatric Patient Lifts Market
9.4.5.4.1 Rest of Middle East and Africa Bariatric Patient Lifts Market by Type
9.4.5.4.2 Rest of Middle East and Africa Bariatric Patient Lifts Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Bariatric Patient Lifts Market Overview
9.5.2 South and Central America Bariatric Patient Lifts Market Forecasts and Analysis
9.5.3 South and Central America Bariatric Patient Lifts Market Forecasts and Analysis - By Type
9.5.4 South and Central America Bariatric Patient Lifts Market Forecasts and Analysis - By Application
9.5.5 South and Central America Bariatric Patient Lifts Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Bariatric Patient Lifts Market
9.5.5.1.1 Brazil Bariatric Patient Lifts Market by Type
9.5.5.1.2 Brazil Bariatric Patient Lifts Market by Application
9.5.5.2 Argentina Bariatric Patient Lifts Market
9.5.5.2.1 Argentina Bariatric Patient Lifts Market by Type
9.5.5.2.2 Argentina Bariatric Patient Lifts Market by Application
9.5.5.3 Rest of South and Central America Bariatric Patient Lifts Market
9.5.5.3.1 Rest of South and Central America Bariatric Patient Lifts Market by Type
9.5.5.3.2 Rest of South and Central America Bariatric Patient Lifts Market by Application
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. BARIATRIC PATIENT LIFTS MARKET, KEY COMPANY PROFILES
11.1. STRYKER 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. INVACARE CORPORATION
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. ARJO
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. HILL-ROM SERVICES, INC
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. HANDICARE
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. VANCARE
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. JOERNS HEALTHCARE LLC
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. GAINSBOROUGH HEALTHCARE GROUP
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. GULDMANN
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. VITAL MOBILITY MEDICAL SUPPLIES INC.
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
- Stryker Corporation
- Invacare Corporation
- Arjo
- Hill-Rom Services, Inc
- Handicare
- Vancare
- Joerns Healthcare LLC
- Gainsborough Healthcare Group
- Guldmann
- VITAL MOBILITY MEDICAL SUPPLIES INC.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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