Bioactive Glass Market Key Players Analysis 2031
The Bioactive Glass Market is expected to register a CAGR of 7% from 2024 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report presents analysis based on type (silicate glass (45s5), glass ceramic (s53p4), and others). The report is segmented by application (orthopedics, dentistry, drug delivery, cosmeceutical products, and others). The global analysis is further broken-down at regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis and segments. The report provides key statistics on the market status of the key market players and offers market trends and opportunities.
Purpose of the ReportThe report Bioactive Glass 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.
Bioactive Glass Market Segmentation
Type- Silicate Glass
- Glass Ceramic
- Orthopedics
- Dentistry
- Drug Delivery
- Cosmeceutical Products
Strategic Insights
Bioactive Glass Market Growth Drivers- Growing Demand for Medical Implants: The increasing use of bioactive glass in medical implants, particularly in orthopedics and dental applications, is a key driver for the market. Bioactive glass is used for bone repair, regeneration, and tissue engineering due to its ability to bond with bone and promote healing. As the healthcare sector expands and aging populations grow, the demand for bioactive glass in medical applications is rising.
- Rising Awareness of Bone and Dental Health: The growing awareness regarding bone health and dental care is fueling the demand for bioactive glass products. Bioactive glass is used in various dental procedures, such as fillings and grafts, to promote healing and tissue regeneration. With increasing focus on dental aesthetics and bone disease treatments, the bioactive glass market continues to expand.
- Increased Shift Toward Regenerative Medicine: As regenerative medicine and tissue engineering gain momentum, bioactive glass is increasingly being utilized in treatments to stimulate tissue regeneration. Bioactive glass promotes the healing of damaged tissues and supports cell growth. The rise of personalized and advanced regenerative treatments in medicine offers significant growth opportunities for the bioactive glass market.
- Advancements in Glass Composition and Properties: Recent advancements in bioactive glass formulations and compositions are enhancing its performance and applications. Innovations such as the development of bioactive glasses with tailored mechanical properties and enhanced bioactivity are opening up new possibilities in medicine, particularly in bone regeneration and wound healing, driving market growth.
- Integration with 3D Printing Technology: The integration of bioactive glass with 3D printing technology is emerging as a major trend. 3D printing enables the creation of customized bioactive glass implants and scaffolds that match patient-specific needs, particularly in complex surgeries and tissue engineering. This technology allows for greater precision and flexibility, boosting the demand for bioactive glass in medical applications.
- Growing Use in Wound Healing and Skin Regeneration: Bioactive glass is gaining popularity in wound healing and skin regeneration due to its ability to stimulate cell growth and enhance healing processes. As the focus on non-invasive treatments and advanced wound care solutions increases, bioactive glass products are being increasingly incorporated into regenerative medicine and skin care products, creating new market opportunities.
- Here’s the structure for the Bioactive Glass Market:
- Growing Demand for Medical Implants: The increasing use of bioactive glass in medical implants, particularly in orthopedics and dental applications, is a key driver for the market. Bioactive glass is used for bone repair, regeneration, and tissue engineering due to its ability to bond with bone and promote healing. As the healthcare sector expands and aging populations grow, the demand for bioactive glass in medical applications is rising.
- Rising Awareness of Bone and Dental Health: The growing awareness regarding bone health and dental care is fueling the demand for bioactive glass products. Bioactive glass is used in various dental procedures, such as fillings and grafts, to promote healing and tissue regeneration. With increasing focus on dental aesthetics and bone disease treatments, the bioactive glass market continues to expand.
- Shift Toward Regenerative Medicine: As regenerative medicine and tissue engineering gain momentum, bioactive glass is increasingly being utilized in treatments to stimulate tissue regeneration. Bioactive glass promotes the healing of damaged tissues and supports cell growth. The rise of personalized and advanced regenerative treatments in medicine offers significant growth opportunities for the bioactive glass market.
- Advancements in Glass Composition and Properties: Recent advancements in bioactive glass formulations and compositions are enhancing its performance and applications. Innovations such as the development of bioactive glasses with tailored mechanical properties and enhanced bioactivity are opening up new possibilities in medicine, particularly in bone regeneration and wound healing, driving market growth.
- Integration with 3D Printing Technology: The integration of bioactive glass with 3D printing technology is emerging as a major trend. 3D printing enables the creation of customized bioactive glass implants and scaffolds that match patient-specific needs, particularly in complex surgeries and tissue engineering. This technology allows for greater precision and flexibility, boosting the demand for bioactive glass in medical applications.
- Growing Use in Wound Healing and Skin Regeneration: Bioactive glass is gaining popularity in wound healing and skin regeneration due to its ability to stimulate cell growth and enhance healing processes. As the focus on non-invasive treatments and advanced wound care solutions increases, bioactive glass products are being increasingly incorporated into regenerative medicine and skin care products, creating new market opportunities.
- Opportunities in Emerging Healthcare Markets: Emerging healthcare markets in regions such as Asia-Pacific and Latin America present significant opportunities for the bioactive glass market. As healthcare infrastructure improves and the demand for advanced medical treatments grows, the adoption of bioactive glass in medical implants, wound healing, and regenerative applications is expected to rise.
- Expansion in Cosmetics and Aesthetic Medicine: The use of bioactive glass is expanding in the cosmetics and aesthetic medicine industries, especially in products aimed at skin regeneration and anti-aging treatments. With increasing consumer demand for non-invasive cosmetic procedures, bioactive glass is finding its way into skincare products and treatments that promote tissue regeneration and skin rejuvenation.
- Collaborations in R&D for Innovative Applications: Research collaborations between bioactive glass manufacturers, academic institutions, and medical device companies are creating opportunities for new applications and improved products. Innovations in bioactive glass, such as coatings for implants and its use in novel therapeutic applications, are driving the market's growth and broadening its potential across industries like healthcare, cosmetics, and even veterinary medicine.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Bioactive Glass 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 Bioactive Glass 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 adoption of bioactive glasses in combination with other biomaterials is expected to be the key market trends.
Based on application, the dentistry segment is expected to witness the fastest growth during the forecast period
Based on geography, North America held the largest share of the bioactive glass market due to the well-established healthcare infrastructure and increasing high healthcare spending, particularly in the US.
The aging population and increased orthopedic procedures is driving the market growth.
Johnson and Johnson Medical Devices; Ferro Corporation; Mo-Sci Corporation; Noraker; Merck KGaA; Matexcel; The Schott Company; Synergy Biomedical, LLC; Stryker; and Bonalive Biomaterials Ltd are some of the key players operating in the bioactive glass market
The Bioactive Glass Market is estimated to witness a CAGR of 7% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Bioactive Glass Market - By Type
1.3.2 Bioactive Glass Market - By Application
1.3.3 Bioactive Glass Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BIOACTIVE GLASS 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. BIOACTIVE GLASS 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. BIOACTIVE GLASS MARKET - GLOBAL MARKET ANALYSIS
6.1. BIOACTIVE GLASS - GLOBAL MARKET OVERVIEW
6.2. BIOACTIVE GLASS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. BIOACTIVE GLASS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. SILICATE GLASS (45S5)
7.3.1. Overview
7.3.2. Silicate Glass (45S5) Market Forecast and Analysis
7.4. GLASS CERAMICS (S53P4)
7.4.1. Overview
7.4.2. Glass Ceramics (S53P4) Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. BIOACTIVE GLASS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. COSMETIC
8.3.1. Overview
8.3.2. Cosmetic Market Forecast and Analysis
8.4. HEALTHCARE
8.4.1. Overview
8.4.2. Healthcare Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. BIOACTIVE GLASS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Bioactive Glass Market Overview
9.1.2 North America Bioactive Glass Market Forecasts and Analysis
9.1.3 North America Bioactive Glass Market Forecasts and Analysis - By Type
9.1.4 North America Bioactive Glass Market Forecasts and Analysis - By Application
9.1.5 North America Bioactive Glass Market Forecasts and Analysis - By Countries
9.1.5.1 United States Bioactive Glass Market
9.1.5.1.1 United States Bioactive Glass Market by Type
9.1.5.1.2 United States Bioactive Glass Market by Application
9.1.5.2 Canada Bioactive Glass Market
9.1.5.2.1 Canada Bioactive Glass Market by Type
9.1.5.2.2 Canada Bioactive Glass Market by Application
9.1.5.3 Mexico Bioactive Glass Market
9.1.5.3.1 Mexico Bioactive Glass Market by Type
9.1.5.3.2 Mexico Bioactive Glass Market by Application
9.2. EUROPE
9.2.1 Europe Bioactive Glass Market Overview
9.2.2 Europe Bioactive Glass Market Forecasts and Analysis
9.2.3 Europe Bioactive Glass Market Forecasts and Analysis - By Type
9.2.4 Europe Bioactive Glass Market Forecasts and Analysis - By Application
9.2.5 Europe Bioactive Glass Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Bioactive Glass Market
9.2.5.1.1 Germany Bioactive Glass Market by Type
9.2.5.1.2 Germany Bioactive Glass Market by Application
9.2.5.2 France Bioactive Glass Market
9.2.5.2.1 France Bioactive Glass Market by Type
9.2.5.2.2 France Bioactive Glass Market by Application
9.2.5.3 Italy Bioactive Glass Market
9.2.5.3.1 Italy Bioactive Glass Market by Type
9.2.5.3.2 Italy Bioactive Glass Market by Application
9.2.5.4 United Kingdom Bioactive Glass Market
9.2.5.4.1 United Kingdom Bioactive Glass Market by Type
9.2.5.4.2 United Kingdom Bioactive Glass Market by Application
9.2.5.5 Russia Bioactive Glass Market
9.2.5.5.1 Russia Bioactive Glass Market by Type
9.2.5.5.2 Russia Bioactive Glass Market by Application
9.2.5.6 Rest of Europe Bioactive Glass Market
9.2.5.6.1 Rest of Europe Bioactive Glass Market by Type
9.2.5.6.2 Rest of Europe Bioactive Glass Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Bioactive Glass Market Overview
9.3.2 Asia-Pacific Bioactive Glass Market Forecasts and Analysis
9.3.3 Asia-Pacific Bioactive Glass Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Bioactive Glass Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Bioactive Glass Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Bioactive Glass Market
9.3.5.1.1 Australia Bioactive Glass Market by Type
9.3.5.1.2 Australia Bioactive Glass Market by Application
9.3.5.2 China Bioactive Glass Market
9.3.5.2.1 China Bioactive Glass Market by Type
9.3.5.2.2 China Bioactive Glass Market by Application
9.3.5.3 India Bioactive Glass Market
9.3.5.3.1 India Bioactive Glass Market by Type
9.3.5.3.2 India Bioactive Glass Market by Application
9.3.5.4 Japan Bioactive Glass Market
9.3.5.4.1 Japan Bioactive Glass Market by Type
9.3.5.4.2 Japan Bioactive Glass Market by Application
9.3.5.5 South Korea Bioactive Glass Market
9.3.5.5.1 South Korea Bioactive Glass Market by Type
9.3.5.5.2 South Korea Bioactive Glass Market by Application
9.3.5.6 Rest of Asia-Pacific Bioactive Glass Market
9.3.5.6.1 Rest of Asia-Pacific Bioactive Glass Market by Type
9.3.5.6.2 Rest of Asia-Pacific Bioactive Glass Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Bioactive Glass Market Overview
9.4.2 Middle East and Africa Bioactive Glass Market Forecasts and Analysis
9.4.3 Middle East and Africa Bioactive Glass Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Bioactive Glass Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Bioactive Glass Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Bioactive Glass Market
9.4.5.1.1 South Africa Bioactive Glass Market by Type
9.4.5.1.2 South Africa Bioactive Glass Market by Application
9.4.5.2 Saudi Arabia Bioactive Glass Market
9.4.5.2.1 Saudi Arabia Bioactive Glass Market by Type
9.4.5.2.2 Saudi Arabia Bioactive Glass Market by Application
9.4.5.3 U.A.E Bioactive Glass Market
9.4.5.3.1 U.A.E Bioactive Glass Market by Type
9.4.5.3.2 U.A.E Bioactive Glass Market by Application
9.4.5.4 Rest of Middle East and Africa Bioactive Glass Market
9.4.5.4.1 Rest of Middle East and Africa Bioactive Glass Market by Type
9.4.5.4.2 Rest of Middle East and Africa Bioactive Glass Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Bioactive Glass Market Overview
9.5.2 South and Central America Bioactive Glass Market Forecasts and Analysis
9.5.3 South and Central America Bioactive Glass Market Forecasts and Analysis - By Type
9.5.4 South and Central America Bioactive Glass Market Forecasts and Analysis - By Application
9.5.5 South and Central America Bioactive Glass Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Bioactive Glass Market
9.5.5.1.1 Brazil Bioactive Glass Market by Type
9.5.5.1.2 Brazil Bioactive Glass Market by Application
9.5.5.2 Argentina Bioactive Glass Market
9.5.5.2.1 Argentina Bioactive Glass Market by Type
9.5.5.2.2 Argentina Bioactive Glass Market by Application
9.5.5.3 Rest of South and Central America Bioactive Glass Market
9.5.5.3.1 Rest of South and Central America Bioactive Glass Market by Type
9.5.5.3.2 Rest of South and Central America Bioactive Glass 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. BIOACTIVE GLASS MARKET, KEY COMPANY PROFILES
11.1. SCHOTT
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. SYNERGY BIOMEDICAL, LLC
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. MO-SCI CORPORATION
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. FERRO CORPORATION
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. NORAKER
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. MATEXCEL.
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. STRYKER
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
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. SCHOTT
2. Synergy Biomedical, LLC
3. Mo-Sci Corporation
4. Ferro Corporation
5. NORAKER
6. MATEXCEL.
7. Stryker
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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