Companion Diagnostic Technologies Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
A companion diagnostic technologies are some of the tests which are performed to get an information of safety and effectives of corresponding drug or biological product. This test helps a doctor to determine whether a particular therapeutics products benefits the patient or having causes any side effects as well as it help to select patient treatment.
MARKET DYNAMICS
The companion diagnostic technologies market is expected to grow during the forecast period owing to the key driving factors such as rising male geriatric population, awareness related to urological disorder and prostate cancer and others. In addition, various players in the emerging market have strong pipeline product and high potential which are anticipated to create several growth opportunities for the market during the forecast period.
MARKET SCOPE
The "Global Companion Diagnostic Technologies Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of companion diagnostic technologies with detailed market segmentation by technology, Indication, end user and geography. The global companion diagnostic technologies is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading the companion diagnostic technologies players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global companion diagnostic technologies market is segmented on the basis of technology, Indication, end user and therapy. Based on technology, the market is segmented as PCR, IHC, NGS, and ISH. On the basis of Indication, the global companion diagnostic technologies market is segmented Breast cancer, NSCLC, colorectal cancer, neurological disorders, and infectious diseases. Based on the end user the market is classify into pharmaceutical & biopharmaceutical companies and reference lab.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global companion diagnostic technologies market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Companion Diagnostic Technologies 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 companion diagnostic technologies 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 Companion Diagnostic Technologies 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 companion diagnostic technologies market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Companion Diagnostic Technologies 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 companion diagnostic technologies 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 Companion Diagnostic Technologies market in these regions.
The reports cover key developments in the Companion Diagnostic Technologies 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 activities 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 Companion Diagnostic Technologies market are anticipated to lucrative growth opportunities in the future with the rising demand for Companion Diagnostic Technologies in the global market. Below mentioned is the list of few companies engaged in the Companion Diagnostic Technologies market.
The report also includes the profiles of key Companion Diagnostic Technologies 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.
- BioSpace
- QIAGEN
- F. Hoffmann-La Roche Ltd
- Abbott
- bioMerieux SA
- Myriad Genetics, Inc.
- BioGenex
- Thermo Fisher Scientific Inc
- Leica Biosystems Nussloch GmbH
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
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Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
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Country Scope
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1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Companion Diagnostic Technologies Market - By Technology
1.3.2 Companion Diagnostic Technologies Market - By Indication
1.3.3 Companion Diagnostic Technologies Market - By End User
1.3.4 Companion Diagnostic Technologies Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. COMPANION DIAGNOSTIC TECHNOLOGIES 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. COMPANION DIAGNOSTIC TECHNOLOGIES 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. COMPANION DIAGNOSTIC TECHNOLOGIES MARKET - GLOBAL MARKET ANALYSIS
6.1. COMPANION DIAGNOSTIC TECHNOLOGIES - GLOBAL MARKET OVERVIEW
6.2. COMPANION DIAGNOSTIC TECHNOLOGIES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. COMPANION DIAGNOSTIC TECHNOLOGIES MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
7.1. OVERVIEW
7.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
7.3. PCR
7.3.1. Overview
7.3.2. PCR Market Forecast and Analysis
7.4. IHC
7.4.1. Overview
7.4.2. IHC Market Forecast and Analysis
7.5. NGS
7.5.1. Overview
7.5.2. NGS Market Forecast and Analysis
7.6. ISH
7.6.1. Overview
7.6.2. ISH Market Forecast and Analysis
8. COMPANION DIAGNOSTIC TECHNOLOGIES MARKET - REVENUE AND FORECASTS TO 2028 - INDICATION
8.1. OVERVIEW
8.2. INDICATION MARKET FORECASTS AND ANALYSIS
8.3. BREAST CANCER
8.3.1. Overview
8.3.2. Breast cancer Market Forecast and Analysis
8.4. NSCLC
8.4.1. Overview
8.4.2. NSCLC Market Forecast and Analysis
8.5. COLORECTAL CANCER
8.5.1. Overview
8.5.2. Colorectal cancer Market Forecast and Analysis
8.6. NEUROLOGICAL DISORDERS
8.6.1. Overview
8.6.2. Neurological disorders Market Forecast and Analysis
8.7. INFECTIOUS DISEASES
8.7.1. Overview
8.7.2. Infectious Diseases Market Forecast and Analysis
9. COMPANION DIAGNOSTIC TECHNOLOGIES MARKET - REVENUE AND FORECASTS TO 2028 - END USER
9.1. OVERVIEW
9.2. END USER MARKET FORECASTS AND ANALYSIS
9.3. PHARMACEUTICAL AND BIOPHARMACEUTICAL COMPANIES
9.3.1. Overview
9.3.2. Pharmaceutical and Biopharmaceutical Companies Market Forecast and Analysis
9.4. REFERENCE LAB
9.4.1. Overview
9.4.2. Reference Lab Market Forecast and Analysis
10. COMPANION DIAGNOSTIC TECHNOLOGIES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Companion Diagnostic Technologies Market Overview
10.1.2 North America Companion Diagnostic Technologies Market Forecasts and Analysis
10.1.3 North America Companion Diagnostic Technologies Market Forecasts and Analysis - By Technology
10.1.4 North America Companion Diagnostic Technologies Market Forecasts and Analysis - By Indication
10.1.5 North America Companion Diagnostic Technologies Market Forecasts and Analysis - By End User
10.1.6 North America Companion Diagnostic Technologies Market Forecasts and Analysis - By Countries
10.1.6.1 United States Companion Diagnostic Technologies Market
10.1.6.1.1 United States Companion Diagnostic Technologies Market by Technology
10.1.6.1.2 United States Companion Diagnostic Technologies Market by Indication
10.1.6.1.3 United States Companion Diagnostic Technologies Market by End User
10.1.6.2 Canada Companion Diagnostic Technologies Market
10.1.6.2.1 Canada Companion Diagnostic Technologies Market by Technology
10.1.6.2.2 Canada Companion Diagnostic Technologies Market by Indication
10.1.6.2.3 Canada Companion Diagnostic Technologies Market by End User
10.1.6.3 Mexico Companion Diagnostic Technologies Market
10.1.6.3.1 Mexico Companion Diagnostic Technologies Market by Technology
10.1.6.3.2 Mexico Companion Diagnostic Technologies Market by Indication
10.1.6.3.3 Mexico Companion Diagnostic Technologies Market by End User
10.2. EUROPE
10.2.1 Europe Companion Diagnostic Technologies Market Overview
10.2.2 Europe Companion Diagnostic Technologies Market Forecasts and Analysis
10.2.3 Europe Companion Diagnostic Technologies Market Forecasts and Analysis - By Technology
10.2.4 Europe Companion Diagnostic Technologies Market Forecasts and Analysis - By Indication
10.2.5 Europe Companion Diagnostic Technologies Market Forecasts and Analysis - By End User
10.2.6 Europe Companion Diagnostic Technologies Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Companion Diagnostic Technologies Market
10.2.6.1.1 Germany Companion Diagnostic Technologies Market by Technology
10.2.6.1.2 Germany Companion Diagnostic Technologies Market by Indication
10.2.6.1.3 Germany Companion Diagnostic Technologies Market by End User
10.2.6.2 France Companion Diagnostic Technologies Market
10.2.6.2.1 France Companion Diagnostic Technologies Market by Technology
10.2.6.2.2 France Companion Diagnostic Technologies Market by Indication
10.2.6.2.3 France Companion Diagnostic Technologies Market by End User
10.2.6.3 Italy Companion Diagnostic Technologies Market
10.2.6.3.1 Italy Companion Diagnostic Technologies Market by Technology
10.2.6.3.2 Italy Companion Diagnostic Technologies Market by Indication
10.2.6.3.3 Italy Companion Diagnostic Technologies Market by End User
10.2.6.4 Spain Companion Diagnostic Technologies Market
10.2.6.4.1 Spain Companion Diagnostic Technologies Market by Technology
10.2.6.4.2 Spain Companion Diagnostic Technologies Market by Indication
10.2.6.4.3 Spain Companion Diagnostic Technologies Market by End User
10.2.6.5 United Kingdom Companion Diagnostic Technologies Market
10.2.6.5.1 United Kingdom Companion Diagnostic Technologies Market by Technology
10.2.6.5.2 United Kingdom Companion Diagnostic Technologies Market by Indication
10.2.6.5.3 United Kingdom Companion Diagnostic Technologies Market by End User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Companion Diagnostic Technologies Market Overview
10.3.2 Asia-Pacific Companion Diagnostic Technologies Market Forecasts and Analysis
10.3.3 Asia-Pacific Companion Diagnostic Technologies Market Forecasts and Analysis - By Technology
10.3.4 Asia-Pacific Companion Diagnostic Technologies Market Forecasts and Analysis - By Indication
10.3.5 Asia-Pacific Companion Diagnostic Technologies Market Forecasts and Analysis - By End User
10.3.6 Asia-Pacific Companion Diagnostic Technologies Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Companion Diagnostic Technologies Market
10.3.6.1.1 Australia Companion Diagnostic Technologies Market by Technology
10.3.6.1.2 Australia Companion Diagnostic Technologies Market by Indication
10.3.6.1.3 Australia Companion Diagnostic Technologies Market by End User
10.3.6.2 China Companion Diagnostic Technologies Market
10.3.6.2.1 China Companion Diagnostic Technologies Market by Technology
10.3.6.2.2 China Companion Diagnostic Technologies Market by Indication
10.3.6.2.3 China Companion Diagnostic Technologies Market by End User
10.3.6.3 India Companion Diagnostic Technologies Market
10.3.6.3.1 India Companion Diagnostic Technologies Market by Technology
10.3.6.3.2 India Companion Diagnostic Technologies Market by Indication
10.3.6.3.3 India Companion Diagnostic Technologies Market by End User
10.3.6.4 Japan Companion Diagnostic Technologies Market
10.3.6.4.1 Japan Companion Diagnostic Technologies Market by Technology
10.3.6.4.2 Japan Companion Diagnostic Technologies Market by Indication
10.3.6.4.3 Japan Companion Diagnostic Technologies Market by End User
10.3.6.5 South Korea Companion Diagnostic Technologies Market
10.3.6.5.1 South Korea Companion Diagnostic Technologies Market by Technology
10.3.6.5.2 South Korea Companion Diagnostic Technologies Market by Indication
10.3.6.5.3 South Korea Companion Diagnostic Technologies Market by End User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Companion Diagnostic Technologies Market Overview
10.4.2 Middle East and Africa Companion Diagnostic Technologies Market Forecasts and Analysis
10.4.3 Middle East and Africa Companion Diagnostic Technologies Market Forecasts and Analysis - By Technology
10.4.4 Middle East and Africa Companion Diagnostic Technologies Market Forecasts and Analysis - By Indication
10.4.5 Middle East and Africa Companion Diagnostic Technologies Market Forecasts and Analysis - By End User
10.4.6 Middle East and Africa Companion Diagnostic Technologies Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Companion Diagnostic Technologies Market
10.4.6.1.1 South Africa Companion Diagnostic Technologies Market by Technology
10.4.6.1.2 South Africa Companion Diagnostic Technologies Market by Indication
10.4.6.1.3 South Africa Companion Diagnostic Technologies Market by End User
10.4.6.2 Saudi Arabia Companion Diagnostic Technologies Market
10.4.6.2.1 Saudi Arabia Companion Diagnostic Technologies Market by Technology
10.4.6.2.2 Saudi Arabia Companion Diagnostic Technologies Market by Indication
10.4.6.2.3 Saudi Arabia Companion Diagnostic Technologies Market by End User
10.4.6.3 U.A.E Companion Diagnostic Technologies Market
10.4.6.3.1 U.A.E Companion Diagnostic Technologies Market by Technology
10.4.6.3.2 U.A.E Companion Diagnostic Technologies Market by Indication
10.4.6.3.3 U.A.E Companion Diagnostic Technologies Market by End User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Companion Diagnostic Technologies Market Overview
10.5.2 South and Central America Companion Diagnostic Technologies Market Forecasts and Analysis
10.5.3 South and Central America Companion Diagnostic Technologies Market Forecasts and Analysis - By Technology
10.5.4 South and Central America Companion Diagnostic Technologies Market Forecasts and Analysis - By Indication
10.5.5 South and Central America Companion Diagnostic Technologies Market Forecasts and Analysis - By End User
10.5.6 South and Central America Companion Diagnostic Technologies Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Companion Diagnostic Technologies Market
10.5.6.1.1 Brazil Companion Diagnostic Technologies Market by Technology
10.5.6.1.2 Brazil Companion Diagnostic Technologies Market by Indication
10.5.6.1.3 Brazil Companion Diagnostic Technologies Market by End User
10.5.6.2 Argentina Companion Diagnostic Technologies Market
10.5.6.2.1 Argentina Companion Diagnostic Technologies Market by Technology
10.5.6.2.2 Argentina Companion Diagnostic Technologies Market by Indication
10.5.6.2.3 Argentina Companion Diagnostic Technologies 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. COMPANION DIAGNOSTIC TECHNOLOGIES MARKET, KEY COMPANY PROFILES
12.1. BIOSPACE
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. QIAGEN
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. ABBOTT
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. BIOMéRIEUX SA
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. MYRIAD GENETICS, INC.
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. BIOGENEX
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. THERMO FISHER SCIENTIFIC INC.
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. LEICA BIOSYSTEMS NUSSLOCH GMBH
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. DAKO INC
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
1. BioSpace
2. QIAGEN
3. F. Hoffmann-La Roche Ltd
4. Abbott
5. bioMerieux SA
6. Myriad Genetics, Inc.
7. BioGenex
8. Thermo Fisher Scientific Inc.
9. Leica Biosystems Nussloch GmbH
10. Dako Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.