Bone Implant Market Growth | 2021 to 2031
The Bone Implant Market is expected to register a CAGR of 11.6 % 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 Product (Reconstructive Joint Replacements, Spinal Implants, Dental Implants, Orthobiologics, Trauma and Craniomaxillofacial, Others). Further, the report is segmented on the basis of Biomaterial (Ceramics Biomaterial, Metallic Biomaterial, Polymeric Biomaterial, Natural Biomaterial). 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 Bone Implant 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.
Bone Implant Market Segmentation
Product- Reconstructive Joint Replacements
- Spinal Implants
- Dental Implants
- Orthobiologics
- Trauma and Craniomaxillofacial
- Others
- Ceramics Biomaterial
- Metallic Biomaterial
- Polymeric Biomaterial
- Natural Biomaterial.
Strategic Insights
Bone Implant Market Growth Drivers- Aging Population: Another factor attributes to the growth of the bone implant market is the increased age of individuals, owing to high levels of osteoporosis and fracture related ailments at old age. Generally, the rise in life expectancy motivates the rise in the population who require orthopaedic solutions such as bone implants. In the effort to encourage the wellbeing of the older people, advanced surgical procedures become a requirement growing the market as health practitioners look for methods that heighten the quality of life of such individuals.
- Advancements in Technology: The growth of the bone implants market structure, among others, has been enhanced by the remarkable improvement in the technology of the materials and the manufacturing processes. The use of new materials, such as biocompatible ones, 3D technology, and techniques of surgery that are minim. Bone implants are also made more efficacious and safer by the use of these techniques. Besides improving outcomes, these innovations stimulate the users of the healthcare services to purchase more effective options hence increasing the market with better products
- Increasing Sports Injuries: Another significant factor that encourages the growth of the bone implant market is the increasing prevalence of injuries relating to sports. The rise in sports activities and active sports participation results in the increase in the number of surgeries carried out to fix bone fractures and other related disorders. This leads to the craving for the bone implants since even the active population who are not professional athletes, still wants quick recovery to resume their normal activities
- Introduction of Biodegradable Implants: There is a growing trend towards the usage of biodegradable materials in bone implants as patients and healthcare providers are looking for more sustainable options. These implants dissolve naturally in the body, greatly alleviating the need for surgeries to remove them. This technique decreases the chances of complications and improves the comfort for patients, thus making the market more receptive to this type of implant as these are more in keeping with the changing trends of medical practices towards environmentalism.
- Customization and Individualization: Customization of bone implants is becoming a top most trend due to growth of 3D printing and imaging technologies. Custom made implants suited to the patient`s anatomy help enhance surgical result while at the same time, quicken the patient’s rehabilitation. This is also the reason why enhancement of bone-injured area reconstructive techniques is aimed toward patients and their individual considerations, for this enhances treatment satisfaction.
- Enhanced Imaging: The growing introduction of new improved imaging modalities such as MRI and CT scan has revolutionized the bone implant market. These are capable of detailed evaluation of the bone pathology and accurate surgical approaches. Use of improved imaging techniques increases precision in the placement of the implant and the success rates, hence increasing the need of advanced bone implants. With the advancement of imaging technology, new design and implementation osseous implants emerge in the market to address the demand.
- Opportunities for Market Growth in Emerging Economies: With the rise in accessibility to orthopaedic services in emerging economies, there is a solid case for an expansion of the bone implant industry in these geographies. The bone implants manufacturers will also be able to provide inexpensive and efficient bone implant systems as the healthcare facility improves and more people begin to understand orthopaedic interventions. Offering products that are compliant with local standards and customized to local cultures will assist in further understanding the market helping to create brand loyalty in these developing economies.
- Adoption of Smart Technology: There is a positive outlook on the application of smart technology in bone implantation. It is possible to have implants with sensors that will enable the patient to carry on his or her daily activities while at the same time allowing the health practitioners to assess how well the patient is healing and customize treatment as needed. This advancement not only enhances healing of the patients but also helps in collecting useful information that would assist in the development of new products thereby putting the companies in an advantageous position in the changing dynamics of orthopaedics.
- Working with Universities: New opportunities in bone implants are unlocked by working with research centers and universities. This facilitates implementation of new technological developments in implants, which makes it possible to create new, more sophisticated materials and methods. This advancement will help ease the source of funds for the research projects due to the increased image, thereby enabling the production of better and longer-lasting bone implant systems
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Bone Implant 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 Bone Implant 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
2021 to 2022- are the historic year, 2023 - base year, 2024 to 2031- are the forecast year
Asia Pacific region is the fastest growing in the market
B. Braun Melsungen AG, Conmed Corporation, Zimmer Biomet Holdings, Inc. accounted for major market shares in the year 2023
Reconstructive Joint Replacements segment dominates from the product segment
North America region accounted for the accounted for the highest market share
The Bone Implant Market is estimated to witness a CAGR of 11.6 % 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 Bone Implant Market - By Product
1.3.2 Bone Implant Market - By Biomaterial
1.3.3 Bone Implant Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BONE IMPLANT 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. BONE IMPLANT 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. BONE IMPLANT MARKET - GLOBAL MARKET ANALYSIS
6.1. BONE IMPLANT - GLOBAL MARKET OVERVIEW
6.2. BONE IMPLANT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. BONE IMPLANT MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. RECONSTRUCTIVE JOINT REPLACEMENTS
7.3.1. Overview
7.3.2. Reconstructive Joint Replacements Market Forecast and Analysis
7.3.3. Hip Replacement Implants Market
7.3.3.1. Overview
7.3.3.2. Hip Replacement Implants Market Forecast and Analysis
7.3.4. Knee Replacement Implants Market
7.3.4.1. Overview
7.3.4.2. Knee Replacement Implants Market Forecast and Analysis
7.3.5. Extremities Market
7.3.5.1. Overview
7.3.5.2. Extremities Market Forecast and Analysis
7.4. SPINAL IMPLANTS
7.4.1. Overview
7.4.2. Spinal Implants Market Forecast and Analysis
7.4.3. spinal Fusion Devices Market
7.4.3.1. Overview
7.4.3.2. spinal Fusion Devices Market Forecast and Analysis
7.4.4. Motion Preservation Devices Market
7.4.4.1. Overview
7.4.4.2. Motion Preservation Devices Market Forecast and Analysis
7.4.5. Vertebral Compression Fracture treatment devices Market
7.4.5.1. Overview
7.4.5.2. Vertebral Compression Fracture treatment devices Market Forecast and Analysis
7.5. DENTAL IMPLANTS
7.5.1. Overview
7.5.2. Dental Implants Market Forecast and Analysis
7.5.3. Root form Dental Implants Market
7.5.3.1. Overview
7.5.3.2. Root form Dental Implants Market Forecast and Analysis
7.5.4. Plate form Dental Implants Market
7.5.4.1. Overview
7.5.4.2. Plate form Dental Implants Market Forecast and Analysis
7.5.5. Market
7.5.5.1. Overview
7.5.5.2. Market Forecast and Analysis
7.6. ORTHOBIOLOGICS
7.6.1. Overview
7.6.2. Orthobiologics Market Forecast and Analysis
7.6.3. Allografts Market
7.6.3.1. Overview
7.6.3.2. Allografts Market Forecast and Analysis
7.6.4. Bone grafts substitutes Market
7.6.4.1. Overview
7.6.4.2. Bone grafts substitutes Market Forecast and Analysis
7.6.5. Cell based matrices Market
7.6.5.1. Overview
7.6.5.2. Cell based matrices Market Forecast and Analysis
7.7. TRAUMA AND CRANIOMAXILLOFACIAL
7.7.1. Overview
7.7.2. Trauma and Craniomaxillofacial Market Forecast and Analysis
7.7.3. Screw Market
7.7.3.1. Overview
7.7.3.2. Screw Market Forecast and Analysis
7.7.4. Plates Market
7.7.4.1. Overview
7.7.4.2. Plates Market Forecast and Analysis
7.7.5. Staples Market
7.7.5.1. Overview
7.7.5.2. Staples Market Forecast and Analysis
7.7.6. Others Market
7.7.6.1. Overview
7.7.6.2. Others Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
8. BONE IMPLANT MARKET - REVENUE AND FORECASTS TO 2028 - BIOMATERIAL
8.1. OVERVIEW
8.2. BIOMATERIAL MARKET FORECASTS AND ANALYSIS
8.3. CERAMICS BIOMATERIAL, METALLIC BIOMATERIAL, POLYMERIC BIOMATERIAL, NATURAL BIOMATERIAL.
8.3.1. Overview
8.3.2. Ceramics Biomaterial, Metallic Biomaterial, Polymeric Biomaterial, Natural Biomaterial. Market Forecast and Analysis
9. BONE IMPLANT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Bone Implant Market Overview
9.1.2 North America Bone Implant Market Forecasts and Analysis
9.1.3 North America Bone Implant Market Forecasts and Analysis - By Product
9.1.4 North America Bone Implant Market Forecasts and Analysis - By Biomaterial
9.1.5 North America Bone Implant Market Forecasts and Analysis - By Countries
9.1.5.1 United States Bone Implant Market
9.1.5.1.1 United States Bone Implant Market by Product
9.1.5.1.2 United States Bone Implant Market by Biomaterial
9.1.5.2 Canada Bone Implant Market
9.1.5.2.1 Canada Bone Implant Market by Product
9.1.5.2.2 Canada Bone Implant Market by Biomaterial
9.1.5.3 Mexico Bone Implant Market
9.1.5.3.1 Mexico Bone Implant Market by Product
9.1.5.3.2 Mexico Bone Implant Market by Biomaterial
9.1.5.4 US Bone Implant Market
9.1.5.4.1 US Bone Implant Market by Product
9.1.5.4.2 US Bone Implant Market by Biomaterial
9.2. EUROPE
9.2.1 Europe Bone Implant Market Overview
9.2.2 Europe Bone Implant Market Forecasts and Analysis
9.2.3 Europe Bone Implant Market Forecasts and Analysis - By Product
9.2.4 Europe Bone Implant Market Forecasts and Analysis - By Biomaterial
9.2.5 Europe Bone Implant Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Bone Implant Market
9.2.5.1.1 Germany Bone Implant Market by Product
9.2.5.1.2 Germany Bone Implant Market by Biomaterial
9.2.5.2 France Bone Implant Market
9.2.5.2.1 France Bone Implant Market by Product
9.2.5.2.2 France Bone Implant Market by Biomaterial
9.2.5.3 Italy Bone Implant Market
9.2.5.3.1 Italy Bone Implant Market by Product
9.2.5.3.2 Italy Bone Implant Market by Biomaterial
9.2.5.4 Spain Bone Implant Market
9.2.5.4.1 Spain Bone Implant Market by Product
9.2.5.4.2 Spain Bone Implant Market by Biomaterial
9.2.5.5 United Kingdom Bone Implant Market
9.2.5.5.1 United Kingdom Bone Implant Market by Product
9.2.5.5.2 United Kingdom Bone Implant Market by Biomaterial
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Bone Implant Market Overview
9.3.2 Asia-Pacific Bone Implant Market Forecasts and Analysis
9.3.3 Asia-Pacific Bone Implant Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Bone Implant Market Forecasts and Analysis - By Biomaterial
9.3.5 Asia-Pacific Bone Implant Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Bone Implant Market
9.3.5.1.1 Australia Bone Implant Market by Product
9.3.5.1.2 Australia Bone Implant Market by Biomaterial
9.3.5.2 China Bone Implant Market
9.3.5.2.1 China Bone Implant Market by Product
9.3.5.2.2 China Bone Implant Market by Biomaterial
9.3.5.3 India Bone Implant Market
9.3.5.3.1 India Bone Implant Market by Product
9.3.5.3.2 India Bone Implant Market by Biomaterial
9.3.5.4 Japan Bone Implant Market
9.3.5.4.1 Japan Bone Implant Market by Product
9.3.5.4.2 Japan Bone Implant Market by Biomaterial
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Bone Implant Market Overview
9.4.2 Middle East and Africa Bone Implant Market Forecasts and Analysis
9.4.3 Middle East and Africa Bone Implant Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Bone Implant Market Forecasts and Analysis - By Biomaterial
9.4.5 Middle East and Africa Bone Implant Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Bone Implant Market
9.4.5.1.1 South Africa Bone Implant Market by Product
9.4.5.1.2 South Africa Bone Implant Market by Biomaterial
9.4.5.2 Saudi Arabia Bone Implant Market
9.4.5.2.1 Saudi Arabia Bone Implant Market by Product
9.4.5.2.2 Saudi Arabia Bone Implant Market by Biomaterial
9.4.5.3 U.A.E Bone Implant Market
9.4.5.3.1 U.A.E Bone Implant Market by Product
9.4.5.3.2 U.A.E Bone Implant Market by Biomaterial
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Bone Implant Market Overview
9.5.2 South and Central America Bone Implant Market Forecasts and Analysis
9.5.3 South and Central America Bone Implant Market Forecasts and Analysis - By Product
9.5.4 South and Central America Bone Implant Market Forecasts and Analysis - By Biomaterial
9.5.5 South and Central America Bone Implant Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Bone Implant Market
9.5.5.1.1 Brazil Bone Implant Market by Product
9.5.5.1.2 Brazil Bone Implant Market by Biomaterial
9.5.5.2 Argentina Bone Implant Market
9.5.5.2.1 Argentina Bone Implant Market by Product
9.5.5.2.2 Argentina Bone Implant Market by Biomaterial
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. BONE IMPLANT MARKET, KEY COMPANY PROFILES
11.1. B. BRAUN MELSUNGEN AG
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. BIOTRONIC
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. CONMED 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. GLOBUS MEDICAL, 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. MEDTRONIC PLC
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. STRYKER CORPORATION
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. ZIMMER BIOMET HOLDINGS, INC
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. DEPUYSYNTHES
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. WRIGHT MEDICAL GROUP N.V
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. SMITH AND NEPHEW PLC
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
- B. Braun Melsungen AG
- Biotronic
- Conmed Corporation
- Globus Medical, Inc
- Medtronic Plc
- Stryker Corporation
- Zimmer Biomet Holdings, Inc
- DePuySynthes
- Wright Medical Group N. V
- Smith & Nephew plc
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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