Brain Biomarkers Market Analysis 2021-2031 | Trends
MARKET OVERVIEW
Brain biomarkers are measurable biological and physiological indicators of brain function and activity. These markers can evaluate the presence, severity, or progression of various brain-related conditions such as neurological disorders, psychiatric disorders, or even traumatic brain injury. The use of brain biomarkers provides several advantages over traditional methods of diagnosis and treatment monitoring. These include increased accuracy, objective measurement, and improved ability to predict treatment response. The end-user industries for brain biomarkers include the pharmaceutical and biotech industries, medical research institutions, and healthcare providers.
MARKET DYNAMICS
The brain biomarkers market is projected to grow in the forecast period owing to increase in geriatric population and neurologic diseases associated with them. Also, investment in R&D and improved understanding of the nature of neurologic diseases is propelling the market growth. The brain biomarkers market is a rapidly growing field with vast potential for the future of medical diagnosis and treatment. The major opportunities in this market include the growing demand for personalized medicine, advancements in technology, and increased funding and investment. These factors drive growth and innovation in the brain biomarkers market, enabling more precise and accurate diagnoses. In the future, the market is expected to expand to include a wider range of applications, including developing new biomarkers for neurological disorders and improving existing ones.
MARKET SCOPE
The "Global Brain Biomarkers Market Analysis to 2031" is a specialized and in-depth study of the medical devices industry with a special focus on the global market trend analysis. The report aims to provide an overview of market with detailed market segmentation by type, application, and geography. The global brain biomarkers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Brain biomarkers market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global brain biomarkers market is segmented on the basis of product, Indication, and end user. Based on product, the market is segmented into biomarker analyzers and biomarker test kits. Based on indication, the brain biomarkers market is segmented into alzheimer's disease and other dementias, huntington's disease, MND and ALS, parkinson's disease, and stroke. Based on end user, the market is segmented into ambulatory surgical centers, diagnostic laboratories, hospitals, and research laboratories.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global brain biomarkers market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America (SCAM). The Brain biomarkers market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting brain biomarkers market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America after evaluating political, economic, social, and technological factors effecting the brain biomarkers market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global brain biomarkers market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America (SCAM). The Brain biomarkers market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting brain biomarkers market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America after evaluating political, economic, social, and technological factors effecting the brain biomarkers market in these regions.
MARKET PLAYERS
The report covers key developments in the brain biomarkers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from brain biomarkers market are anticipated to lucrative growth opportunities in the future with the rising demand for brain biomarkers market in the global market. Below mentioned is the list of few companies engaged in the brain biomarkers market.
The report also includes the profiles of key brain biomarkers market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Advanced Brain Monitoring
- Electrical Geodesics, Inc.
- F. Hoffmann-La Roche Ltd
- Johnson & Johnson
- Siemens Healthineers
- BrainScope
- Quest Diagnostics
- QIAGEN N.V
- Natus Medical
- Myriad Genetics
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
On the basis of end-user market is further broken down into ambulatory surgical centers, diagnostic laboratories, hospitals, research laboratories. The ambulatory surgical centers segment is expected to hold the largest brain biomarkers market share in 2023.
Based on product, the market is segmented as biomarker analyzers, biomarker test kits. The biomarker analyzers segment is expected to hold the largest brain biomarkers market share in 2023.
Aesculap implant systems, LLC, DePuy Synthes (Johnson & Johnson), Zimmer Biomet,Smith & Nephew plc, Stryker, Vericel Corporation, Histogenics, Medipost, Conformis, and Bioventus are some of the key players influencing the brain biomarkers market.
North America is expected to hold the largest share in the global brain biomarkers market.
The Brain Biomarkers Market is estimated to witness a CAGR of 7.0% from 2023 to 2031
The major factors driving the brain biomarkers market are:
1. Growing Incidence of Neurological Disorders
2. Technological Progress Inhibiting Biomarker Research
3. Growing Need for Psychotropic Medication
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Brain Biomarkers Market - By Product
1.3.2 Brain Biomarkers Market - By Indication
1.3.3 Brain Biomarkers Market - By End User
1.3.4 Brain Biomarkers Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BRAIN BIOMARKERS 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. BRAIN BIOMARKERS 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. BRAIN BIOMARKERS MARKET - GLOBAL MARKET ANALYSIS
6.1. BRAIN BIOMARKERS - GLOBAL MARKET OVERVIEW
6.2. BRAIN BIOMARKERS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. BRAIN BIOMARKERS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. BIOMARKER ANALYZERS
7.3.1. Overview
7.3.2. Biomarker Analyzers Market Forecast and Analysis
7.4. BIOMARKER TEST KITS
7.4.1. Overview
7.4.2. Biomarker Test Kits Market Forecast and Analysis
8. BRAIN BIOMARKERS MARKET - REVENUE AND FORECASTS TO 2028 - INDICATION
8.1. OVERVIEW
8.2. INDICATION MARKET FORECASTS AND ANALYSIS
8.3. ALZHEIMER'S DISEASE AND OTHER DEMENTIAS
8.3.1. Overview
8.3.2. Alzheimer's disease and other dementias Market Forecast and Analysis
8.4. HUNTINGTON'S DISEASE
8.4.1. Overview
8.4.2. Huntington's disease Market Forecast and Analysis
8.5. MND AND ALS
8.5.1. Overview
8.5.2. MND And ALS Market Forecast and Analysis
8.6. PARKINSON'S DISEASE
8.6.1. Overview
8.6.2. Parkinson's disease Market Forecast and Analysis
8.7. STROKE
8.7.1. Overview
8.7.2. Stroke Market Forecast and Analysis
9. BRAIN BIOMARKERS MARKET - REVENUE AND FORECASTS TO 2028 - END USER
9.1. OVERVIEW
9.2. END USER MARKET FORECASTS AND ANALYSIS
9.3. AMBULATORY SURGICAL CENTERS
9.3.1. Overview
9.3.2. Ambulatory Surgical Centers Market Forecast and Analysis
9.4. DIAGNOSTIC LABORATORIES
9.4.1. Overview
9.4.2. Diagnostic Laboratories Market Forecast and Analysis
9.5. HOSPITALS
9.5.1. Overview
9.5.2. Hospitals Market Forecast and Analysis
9.6. RESEARCH LABORATORIES
9.6.1. Overview
9.6.2. Research Laboratories Market Forecast and Analysis
10. BRAIN BIOMARKERS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Brain Biomarkers Market Overview
10.1.2 North America Brain Biomarkers Market Forecasts and Analysis
10.1.3 North America Brain Biomarkers Market Forecasts and Analysis - By Product
10.1.4 North America Brain Biomarkers Market Forecasts and Analysis - By Indication
10.1.5 North America Brain Biomarkers Market Forecasts and Analysis - By End User
10.1.6 North America Brain Biomarkers Market Forecasts and Analysis - By Countries
10.1.6.1 United States Brain Biomarkers Market
10.1.6.1.1 United States Brain Biomarkers Market by Product
10.1.6.1.2 United States Brain Biomarkers Market by Indication
10.1.6.1.3 United States Brain Biomarkers Market by End User
10.1.6.2 Canada Brain Biomarkers Market
10.1.6.2.1 Canada Brain Biomarkers Market by Product
10.1.6.2.2 Canada Brain Biomarkers Market by Indication
10.1.6.2.3 Canada Brain Biomarkers Market by End User
10.1.6.3 Mexico Brain Biomarkers Market
10.1.6.3.1 Mexico Brain Biomarkers Market by Product
10.1.6.3.2 Mexico Brain Biomarkers Market by Indication
10.1.6.3.3 Mexico Brain Biomarkers Market by End User
10.2. EUROPE
10.2.1 Europe Brain Biomarkers Market Overview
10.2.2 Europe Brain Biomarkers Market Forecasts and Analysis
10.2.3 Europe Brain Biomarkers Market Forecasts and Analysis - By Product
10.2.4 Europe Brain Biomarkers Market Forecasts and Analysis - By Indication
10.2.5 Europe Brain Biomarkers Market Forecasts and Analysis - By End User
10.2.6 Europe Brain Biomarkers Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Brain Biomarkers Market
10.2.6.1.1 Germany Brain Biomarkers Market by Product
10.2.6.1.2 Germany Brain Biomarkers Market by Indication
10.2.6.1.3 Germany Brain Biomarkers Market by End User
10.2.6.2 France Brain Biomarkers Market
10.2.6.2.1 France Brain Biomarkers Market by Product
10.2.6.2.2 France Brain Biomarkers Market by Indication
10.2.6.2.3 France Brain Biomarkers Market by End User
10.2.6.3 Italy Brain Biomarkers Market
10.2.6.3.1 Italy Brain Biomarkers Market by Product
10.2.6.3.2 Italy Brain Biomarkers Market by Indication
10.2.6.3.3 Italy Brain Biomarkers Market by End User
10.2.6.4 Spain Brain Biomarkers Market
10.2.6.4.1 Spain Brain Biomarkers Market by Product
10.2.6.4.2 Spain Brain Biomarkers Market by Indication
10.2.6.4.3 Spain Brain Biomarkers Market by End User
10.2.6.5 United Kingdom Brain Biomarkers Market
10.2.6.5.1 United Kingdom Brain Biomarkers Market by Product
10.2.6.5.2 United Kingdom Brain Biomarkers Market by Indication
10.2.6.5.3 United Kingdom Brain Biomarkers Market by End User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Brain Biomarkers Market Overview
10.3.2 Asia-Pacific Brain Biomarkers Market Forecasts and Analysis
10.3.3 Asia-Pacific Brain Biomarkers Market Forecasts and Analysis - By Product
10.3.4 Asia-Pacific Brain Biomarkers Market Forecasts and Analysis - By Indication
10.3.5 Asia-Pacific Brain Biomarkers Market Forecasts and Analysis - By End User
10.3.6 Asia-Pacific Brain Biomarkers Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Brain Biomarkers Market
10.3.6.1.1 Australia Brain Biomarkers Market by Product
10.3.6.1.2 Australia Brain Biomarkers Market by Indication
10.3.6.1.3 Australia Brain Biomarkers Market by End User
10.3.6.2 China Brain Biomarkers Market
10.3.6.2.1 China Brain Biomarkers Market by Product
10.3.6.2.2 China Brain Biomarkers Market by Indication
10.3.6.2.3 China Brain Biomarkers Market by End User
10.3.6.3 India Brain Biomarkers Market
10.3.6.3.1 India Brain Biomarkers Market by Product
10.3.6.3.2 India Brain Biomarkers Market by Indication
10.3.6.3.3 India Brain Biomarkers Market by End User
10.3.6.4 Japan Brain Biomarkers Market
10.3.6.4.1 Japan Brain Biomarkers Market by Product
10.3.6.4.2 Japan Brain Biomarkers Market by Indication
10.3.6.4.3 Japan Brain Biomarkers Market by End User
10.3.6.5 South Korea Brain Biomarkers Market
10.3.6.5.1 South Korea Brain Biomarkers Market by Product
10.3.6.5.2 South Korea Brain Biomarkers Market by Indication
10.3.6.5.3 South Korea Brain Biomarkers Market by End User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Brain Biomarkers Market Overview
10.4.2 Middle East and Africa Brain Biomarkers Market Forecasts and Analysis
10.4.3 Middle East and Africa Brain Biomarkers Market Forecasts and Analysis - By Product
10.4.4 Middle East and Africa Brain Biomarkers Market Forecasts and Analysis - By Indication
10.4.5 Middle East and Africa Brain Biomarkers Market Forecasts and Analysis - By End User
10.4.6 Middle East and Africa Brain Biomarkers Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Brain Biomarkers Market
10.4.6.1.1 South Africa Brain Biomarkers Market by Product
10.4.6.1.2 South Africa Brain Biomarkers Market by Indication
10.4.6.1.3 South Africa Brain Biomarkers Market by End User
10.4.6.2 Saudi Arabia Brain Biomarkers Market
10.4.6.2.1 Saudi Arabia Brain Biomarkers Market by Product
10.4.6.2.2 Saudi Arabia Brain Biomarkers Market by Indication
10.4.6.2.3 Saudi Arabia Brain Biomarkers Market by End User
10.4.6.3 U.A.E Brain Biomarkers Market
10.4.6.3.1 U.A.E Brain Biomarkers Market by Product
10.4.6.3.2 U.A.E Brain Biomarkers Market by Indication
10.4.6.3.3 U.A.E Brain Biomarkers Market by End User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Brain Biomarkers Market Overview
10.5.2 South and Central America Brain Biomarkers Market Forecasts and Analysis
10.5.3 South and Central America Brain Biomarkers Market Forecasts and Analysis - By Product
10.5.4 South and Central America Brain Biomarkers Market Forecasts and Analysis - By Indication
10.5.5 South and Central America Brain Biomarkers Market Forecasts and Analysis - By End User
10.5.6 South and Central America Brain Biomarkers Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Brain Biomarkers Market
10.5.6.1.1 Brazil Brain Biomarkers Market by Product
10.5.6.1.2 Brazil Brain Biomarkers Market by Indication
10.5.6.1.3 Brazil Brain Biomarkers Market by End User
10.5.6.2 Argentina Brain Biomarkers Market
10.5.6.2.1 Argentina Brain Biomarkers Market by Product
10.5.6.2.2 Argentina Brain Biomarkers Market by Indication
10.5.6.2.3 Argentina Brain Biomarkers Market by End User
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. BRAIN BIOMARKERS MARKET, KEY COMPANY PROFILES
12.1. ADVANCED BRAIN MONITORING
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. ELECTRICAL GEODESICS
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. F. HOFFMANN-LA ROCHE LTD.
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. JOHNSON AND JOHNSON
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. SEIMENS HEALTHNINEERS
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. BRAINSCOPE
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. GE HEALTHCARE
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. LIFESIGN LLC.
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. NATUS MEDICAL
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. NEUROVISTA
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies
- Advanced Brain Monitoring
- Electrical Geodesics, Inc.
- F. Hoffmann-La Roche Ltd
- Johnson & Johnson
- Siemens Healthineers
- BrainScope
- Quest Diagnostics
- QIAGEN N.V
- Natus Medical
- Myriad Genetics
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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