Bariatric surgery devices Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Bariatric Surgery Devices Market covers analysis by Field Type (Gastric Bands, Gastric Balloons, Electrical Stimulation Devices, Gastric Emptying Devices, Suturing Devices, Others) By Procedure (Adjustable Gastric Band, Vertical Sleeve Gastrectomy, Roux-en-Y Gastric Bypass, Biliopancreatic Diversion with a Duodenal Switch (BPD-DS), Other Procedures), and End User (Bariatric Surgery Clinics, Ambulatory Surgical Centers, Hospital Pharmacies, and Other End Users), and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPHE100001106
  • Category : Life Sciences
  • No. of Pages : 150
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Bariatric surgery devices Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

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Bariatric surgery is a weight loss surgery and a treatment procedure for obesity. There are various types of gastric procedures such as adjustable gastric band, Roux-en-Y Gastric Bypass, Vertical Sleeve Gastrectomy and Biliopancreatic Diversion with a Duodenal Switch (BPD-DS). In Adjustable Gastric Band, a band is placed around the stomach by laparoscopic surgery. This leads to the formation of a pouch which lies above the band and has a capacity of 15-20mL. This procedure reduces patient’s weight either by reducing the amount of food intake or slowing down the emptying from the pouch. Other procedures also offers various advantages to the patient.

Key factors driving the growth of bariatric surgery devices market are rising prevalence of obesity and growing awareness about obesity and available treatment options. Furthermore, increasing demand for minimally invasive surgical procedures and technological advancement also accelerate the growth of the market during the forecast period. As per the World Health Organization (WHO), in 2016, more than 1.9 billion adults were overweight out of which 650 million were obese.

The “Global Bariatric Surgery Devices Market Analysis to 2031” is a specialized and in-depth study of the bariatric surgery devices industry with a focus on the global market trend. The report aims to provide an overview of global bariatric surgery devices market with detailed market segmentation by type, procedure, end user, and geography. The global bariatric surgery devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

The global bariatric surgery devices market is segmented on the basis of type, procedure, and end user. On the basis of type, the market is segmented into gastric bands, gastric balloons, electrical stimulation devices, gastric emptying devices, suturing devices, and others On the basis of procedure, the market is segmented into adjustable gastric band, vertical sleeve gastrectomy, Roux-en-Y Gastric Bypass, Biliopancreatic Diversion with a Duodenal Switch (BPD-DS) and others. On the basis of end user, the market is segmented into bariatric surgery clinics, ambulatory surgical centers, hospital pharmacies, and others.

The report provides a detailed overview on the industry including both qualitative and quantitative information. It provides overview and forecast of the global bariatric surgery devices market based on type, procedure and end user. It also provides market size and forecast till 2031 for overall bariatric surgery devices market with respect to five major regions, namely; North America, Europe, APAC, Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 counties globally along with current trend and opportunities prevailing in the region.

In North America, the market is mainly driven by higher rates to obesity and development of new devices of bariatric surgeries. According to the Organization for Economic Co-operation and Development, Adult obesity rates are highest in the United States, Mexico, New Zealand and Hungary. In Asia Pacific, diabetes and obesity is found to be prevalent among the geriatric population and children in India and other countries.

Also, increasing number of patients opting for Adjustable Gastric Band procedure speed ups the progress of the market in Asia Pacific
The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.

The report also includes the profiles of key Bariatric Surgery Devices manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last three years, key development in past five years. Some of the key players influencing the market are ALLERGAN, Medtronic, Intuitive Surgical, Inc., GI Dynamics Inc., TransEnterix Surgical, Inc., USGI Medical, Johnson & Johnson Services, Inc., Cousin Biotech, Mediflex Surgical Products, Apollo Endosurgery Inc. and others.


REGIONAL FRAMEWORK
World Geography

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Report Coverage
Report Coverage

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

Segment Covered
Segment Covered

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to segments covered.

Regional Scope
Regional Scope

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

Country Scope
Country Scope

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to country scope.

Table of Contents

1 Introduction
1.1 Scope of Study
1.2 The Insight Partners Research Report Guidance

2 Key Takeaways

3 Bariatric Surgery Devices Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 Bariatric Surgery Devices Market – By Type
3.2.2 Bariatric Surgery Devices Market – By Procedure
3.2.3 Bariatric Surgery Devices Market – By End User
3.2.4 Bariatric Surgery Devices Market – By Region
3.2.4.1 By Country
3.3 PEST Analysis
3.3.1 North America – PEST Analysis
3.3.2 Europe – PEST Analysis
3.3.3 Asia Pacific – PEST Analysis
3.3.4 Middle East and Africa – PEST Analysis
3.3.5 South and Central America– PEST Analysis

4 Bariatric Surgery Devices Market – Key Industry Dynamics
4.1 Key Market Drivers
4.2 Key Market Restraints
4.3 Key Market Opportunities
4.4 Future Trends
4.5 Impact Analysis

5 Bariatric Surgery Devices Market – Global Analysis
5.1 Global Bariatric Surgery Devices Market Overview
5.2 Global Bariatric Surgery Devices Market Revenue Forecasts and Analysis (US$ Mn)
5.3 Market Positioning/Market Share
5.4 Performance of Key Players
5.5 Expert Opinions 
6 Bariatric Surgery Devices Market - Global Regulatory Scenario
6.1 Overview
6.2 North America
6.3 Europe
6.4 Asia Pacific
6.5 Middle East & Africa
6.6 South & Central America

7 Bariatric Surgery Devices Market Revenue and Forecasts to 2028 – By Type
7.1 Type Market Forecasts and Analysis (US$ Mn)
7.2 Gastric Bands Market
7.2.1 Overview
7.2.2 Gastric Bands Market Revenue Forecasts and Analysis (US$ Mn)
7.3 Gastric Balloons Market
7.3.1 Overview
7.3.2 Gastric Balloons Market Revenue Forecasts and Analysis (US$ Mn)
7.4 Electrical Stimulation Devices Market
7.4.1 Overview
7.4.2 Electrical Stimulation Devices Market Revenue Forecasts and Analysis (US$ Mn)
7.5 Gastric Emptying Devices Market
7.5.1 Overview
7.5.2 Gastric Emptying Devices Market Revenue Forecasts and Analysis (US$ Mn)
7.6 Suturing Devices Market
7.6.1 Overview
7.6.2 Low Field MRI Systems Market Revenue Forecasts and Analysis (US$ Mn)
7.7 Other Market
7.7.1 Overview
7.7.2 Other Market Revenue Forecasts and Analysis (US$ Mn)

8 Bariatric Surgery Devices Market Revenue and Forecasts to 2028 – By Procedure
8.1 Procedure Market Forecasts and Analysis (US$ Mn)
8.2 Adjustable Gastric Band Market
8.2.1 Overview
8.2.2 Adjustable Gastric Band Market Revenue Forecasts and Analysis (US$ Mn)
8.3 Vertical Sleeve Gastrectomy Market
8.3.1 Overview
8.3.2 Vertical Sleeve Gastrectomy Market Revenue Forecasts and Analysis (US$ Mn)
8.4 Roux-en-Y Gastric Bypass Market
8.4.1 Overview
8.4.2 Roux-en-Y Gastric Bypass Market Revenue Forecasts and Analysis (US$ Mn)
8.5 Biliopancreatic Diversion with a Duodenal Switch (BPD-DS) Market
8.5.1 Overview
8.5.2 Biliopancreatic Diversion with a Duodenal Switch (BPD-DS) Market Revenue Forecasts and Analysis (US$ Mn)
8.6 Other Procedures Market
8.6.1 Overview
8.6.2 Other Procedures Market Revenue Forecasts and Analysis (US$ Mn)

9 Bariatric Surgery Devices Market Revenue and Forecasts to 2028 – By End User
9.1 Overview
9.2 End User Market Forecasts and Analysis
9.3 Bariatric Surgery Clinics Market
9.3.1 Overview
9.3.2 Bariatric Surgery Clinics Market Forecasts and Analysis (US$ Mn)
9.4 Ambulatory Surgical Centers Market
9.4.1 Overview
9.4.2 Ambulatory Surgical Centers Market Forecasts and Analysis (US$ Mn)
9.5 Hospital Pharmacies Market
9.5.1 Overview
9.5.2 Hospital Pharmacies Market Forecasts and Analysis (US$ Mn)
9.6 Other End Users Market
9.6.1 Overview
9.6.2 Other End Users Market Forecasts and Analysis (US$ Mn)


10 North America Bariatric Surgery Devices Market Revenue and Forecasts to 2028 – Country Analysis
10.1 North America Bariatric Surgery Devices Market Overview
10.2 North America Bariatric Surgery Devices Market Revenue Forecasts and Analysis (US$ Mn)
10.3 North America Market Forecasts and Analysis – By Type (US$ Mn)
10.4 North America Market Forecasts and Analysis – By Procedure (US$ Mn)
10.5 North America Market Forecasts and Analysis – By End User (US$ Mn)
10.6 North America Market Forecasts and Analysis – By Country
10.7 US Market Overview
10.7.1 US Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By Type (US$ Mn)
10.7.2 US Market Forecasts and Analysis – By Procedure (US$ Mn)
10.7.3 US Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By End User (US$ Mn)
10.8 Canada Market Overview
10.8.1 Canada Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By Type (US$ Mn)
10.8.2 Canada Market Forecasts and Analysis – By Procedure (US$ Mn)
10.8.3 Canada Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By End User (US$ Mn)
10.9 Mexico Market Overview
10.9.1 Mexico Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By Type (US$ Mn)
10.9.2 Mexico Market Forecasts and Analysis – By Procedure (US$ Mn)
10.9.3 Mexico Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By End User (US$ Mn)

11 Europe Bariatric Surgery Devices Market Revenue and Forecasts to 2028 – Country Analysis
11.1 Europe Bariatric Surgery Devices Market Overview
11.2 Europe Bariatric Surgery Devices Market Revenue Forecasts and Analysis (US$ Mn)
11.3 Europe Market Forecasts and Analysis – By Type (US$ Mn)
11.4 Europe Market Forecasts and Analysis – By Procedure (US$ Mn)
11.5 Europe Market Forecasts and Analysis – By End User (US$ Mn)
11.6 Europe Market Forecasts and Analysis – By Country
11.7 UK Market Overview
11.7.1 UK Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By Type (US$ Mn)
11.7.2 UK Market Forecasts and Analysis – By Procedure (US$ Mn)
11.7.3 UK Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By End User (US$ Mn)
11.8 Germany Market Overview
11.8.1 Germany Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By Type (US$ Mn)
11.8.2 Germany Market Forecasts and Analysis – By Procedure (US$ Mn)
11.8.3 Germany Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By End User (US$ Mn)
11.9 France Market Overview
11.9.1 France Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By Type (US$ Mn)
11.9.2 France Market Forecasts and Analysis – By Procedure (US$ Mn)
11.9.3 France Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By End User (US$ Mn)

12 Asia Pacific Bariatric Surgery Devices Market Revenue and Forecasts to 2028 – Country Analysis
12.1 Asia Pacific Bariatric Surgery Devices Market Overview
12.2 Asia Pacific Bariatric Surgery Devices Market Revenue Forecasts and Analysis (US$ Mn)
12.3 Asia Pacific Market Forecasts and Analysis – By Type (US$ Mn)
12.4 Asia Pacific Market Forecasts and Analysis – By Procedure (US$ Mn)
12.5 Asia Pacific Market Forecasts and Analysis – By End User (US$ Mn)
12.6 Asia Pacific Market Forecasts and Analysis – By Country
12.7 Japan Market Overview
12.7.1 Japan Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By Type (US$ Mn)
12.7.2 Japan Market Forecasts and Analysis – By Procedure (US$ Mn)
12.7.3 Japan Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By End User (US$ Mn)
12.8 China Market Overview
12.8.1 China Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By Type (US$ Mn)
12.8.2 China Market Forecasts and Analysis – By Procedure (US$ Mn)
12.8.3 China Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By End User (US$ Mn)
12.9 India Market Overview
12.9.1 India Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By Type (US$ Mn)
12.9.2 India Market Forecasts and Analysis – By Procedure (US$ Mn)
12.9.3 India Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By End User (US$ Mn)

13 Middle East and Africa (MEA) Bariatric Surgery Devices Market Revenue and Forecasts to 2028 – Country Analysis
13.1 Middle East and Africa (MEA) Bariatric Surgery Devices Market Overview
13.2 Middle East and Africa (MEA) Bariatric Surgery Devices Market Revenue Forecasts and Analysis (US$ Mn)
13.3 Middle East and Africa (MEA) Market Forecasts and Analysis – By Type (US$ Mn)
13.4 Middle East and Africa (MEA) Market Forecasts and Analysis – By Procedure (US$ Mn)
13.5 Middle East and Africa (MEA) Market Forecasts and Analysis – By End User (US$ Mn)
13.6 Middle East and Africa (MEA) Market Forecasts and Analysis – By Country
13.7 South Africa Market Overview
13.7.1 South Africa Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By Type (US$ Mn)
13.7.2 Saudi Arabia Market Forecasts and Analysis – By Procedure (US$ Mn)
13.7.3 South Africa Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By End User (US$ Mn)
13.8 Saudi Arabia Market Overview
13.8.1 Saudi Arabia Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By Type (US$ Mn)
13.8.2 Saudi Arabia Market Forecasts and Analysis – By Procedure (US$ Mn)
13.8.3 Saudi Arabia Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By End User (US$ Mn)
13.9 UAE Market Overview
13.9.1 UAE Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By Type (US$ Mn)
13.9.2 UAE Market Forecasts and Analysis – By Procedure (US$ Mn)
13.9.3 UAE Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By End User (US$ Mn)

14 South and Central America Bariatric Surgery Devices Market Revenue and Forecasts to 2028 – Country Analysis
14.1 South and Central America Bariatric Surgery Devices Market Overview
14.2 South and Central America Bariatric Surgery Devices Market Revenue Forecasts and Analysis (US$ Mn)
14.3 South and Central America Market Forecasts and Analysis – By Type (US$ Mn)
14.4 South and Central America Market Forecasts and Analysis – By Procedure (US$ Mn)
14.5 South and Central America Market Forecasts and Analysis – By End User (US$ Mn)
14.6 South and Central America Market Forecasts and Analysis – By Country
14.7 Brazil Market Overview
14.7.1 Brazil Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By Type (US$ Mn)
14.7.2 Brazil Market Forecasts and Analysis – By Procedure (US$ Mn)
14.7.3 Brazil Bariatric Surgery Devices Market Revenue Forecasts and Analysis-By End User (US$ Mn)

15 Industry Landscape
15.1 Organic Growth Strategies
15.1.1 New Product Launches
15.1.2 Marketing & Promotional Activities
15.2 Inorganic Growth Strategies
15.2.1 Partnerships, Collaborations, and Joint Ventures
15.2.2 Mergers & Acquisitions
15.2.3 Geographic Expansions 
16 Bariatric Surgery Devices Market, Key Company Profiles
16.1 ALLERGAN
16.1.1 Key Facts
16.1.2 Business Description
16.1.3 Financial Overview
16.1.4 Product Portfolio
16.1.5 Product Pipeline
16.1.6 SWOT Analysis
16.1.7 Key Developments
16.2 Medtronic
16.2.1 Key Facts
16.2.2 Business Description
16.2.3 Financial Overview
16.2.4 Product Portfolio
16.2.5 Product Pipeline
16.2.6 SWOT Analysis
16.2.7 Key Developments
16.3 Intuitive Surgical, Inc.
16.3.1 Key Facts
16.3.2 Business Description
16.3.3 Financial Overview
16.3.4 Product Portfolio
16.3.5 Product Pipeline
16.3.6 SWOT Analysis
16.3.7 Key Developments
16.4 GI Dynamics Inc.
16.4.1 Key Facts
16.4.2 Business Description
16.4.3 Financial Overview
16.4.4 Product Portfolio
16.4.5 Product Pipeline
16.4.6 SWOT Analysis
16.4.7 Key Developments

16.5 TransEnterix Surgical, Inc
16.5.1 Key Facts
16.5.2 Business Description
16.5.3 Financial Overview
16.5.4 Product Portfolio
16.5.5 Product Pipeline
16.5.6 SWOT Analysis
16.5.7 Key Developments
16.6 USGI Medical
16.6.1 Key Facts
16.6.2 Business Description
16.6.3 Financial Overview
16.6.4 Product Portfolio
16.6.5 Product Pipeline
16.6.6 SWOT Analysis
16.6.7 Key Developments
16.7 Johnson & Johnson Services, Inc.
16.7.1 Key Facts
16.7.2 Business Description
16.7.3 Financial Overview
16.7.4 Product Portfolio
16.7.5 Product Pipeline
16.7.6 SWOT Analysis
16.7.7 Key Developments
16.8 Cousin Biotech
16.8.1 Key Facts
16.8.2 Business Description
16.8.3 Financial Overview
16.8.4 Product Portfolio
16.8.5 Product Pipeline
16.8.6 SWOT Analysis
16.8.7 Key Developments

16.9 Mediflex Surgical Products
16.9.1 Key Facts
16.9.2 Business Description
16.9.3 Financial Overview
16.9.4 Product Portfolio
16.9.5 Product Pipeline
16.9.6 SWOT Analysis
16.9.7 Key Developments
16.10 Apollo Endosurgery Inc.
16.10.1 Key Facts
16.10.2 Business Description
16.10.3 Financial Overview
16.10.4 Product Portfolio
16.10.5 Product Pipeline
16.10.6 SWOT Analysis
16.10.7 Key Developments

17 Appendix
17.1 About The Insight Partners
17.2 Glossary of Terms
17.3 Research Methodology

The List of Companies

1. ALLERGAN
2. Medtronic
3. Intuitive Surgical, Inc.
4. GI Dynamics Inc.
5. TransEnterix Surgical, Inc
6. USGI Medical
7. Johnson & Johnson Services, Inc.
8. Cousin Biotech
9. Mediflex Surgical Products
10. Apollo Endosurgery Inc.


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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