Core Biopsy Needle Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Core Biopsy Needle Market covers analysis By Type (Semi-automatic, Automatic, and Manual); Application (Kidney, Liver, Breast, Prostate, Lungs and Others), and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00029318
  • Category : Medical Device
  • No. of Pages : 150
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Core Biopsy Needle Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

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MARKET OVERVIEW
A biopsy is a surgical procedure that removes tissue from an organ to determine the presence or extent of a disease. Surgeons, radiologists, and interventional cardiologists are the most common people who perform it. Biopsies on body organs such as the lungs, liver, and kidneys are performed using biopsy devices. Biopsy needles are devices that are specially designed to obtain a small amount of tissue from the body for diagnostic testing. Biopsy procedures are performed for various reasons, such as to investigate a lump or mass, to determine whether a suspicious area is cancerous or benign, or to evaluate an organ for transplant.

MARKET SCOPE
The Core Biopsy Needle Market is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Core Biopsy Needle Market with detailed market segmentation by type, material, end-user, and geography. The report provides key statistics on the market status of the leading Core Biopsy Needle Market offers key trends and opportunities in the market.

MARKET SEGMENTATION

  •  Based on type, the Core Biopsy Needle Market is segmented into Semi-Automatic, Automatic, and Manual.
  •  On the basis of Application, the Core Biopsy Needle Market is segmented into Kidney, Liver, Breast, Prostate, Lung, and Others.

MARKET DYNAMICS
Drivers:

  •  The rise in prevalence of human and animal cancer.
  •  Increase in the global geriatric population.
  •  Initiatives taken by the Government to spread awareness about cancer will boost the growth of the market.
Restraints:

  •  High cost of biopsy devices.
  •  Lack of availability of skilled professionals.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East & Africa (MEA), and South And Central America. The Core Biopsy Needle Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both the 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, APAC, MEA, and South And Central America after evaluating political, economic, social and technological factors affecting the Core Biopsy Needle Market in these regions.

IMPACT OF COVID-19 ON CORE BIOPSY NEEDLES MARKET
COVID-19 first began in Wuhan (China) in December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The pandemic has affected the growth of this market worldwide due to the business shutdown, worldwide lockdown, and supply and trade disruptions. While the situation is rapidly evolving, the pandemic had already disrupted the world in three ways the direct health impact the impact on the healthcare system, and the social and economic consequences of the pandemic. Patient visits to hospitals have been considerably reduced as a result of the lockdown in many nations. The demand for fine needles, bone marrow aspiration needles, and other aspiration & biopsy needles has decreased. The survival rate has decreased due to the premature death of potential survivalists. Furthermore, as the number of covid-19 cases increased, cancer screening services became partially inactive.

World Geography

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MARKET PLAYERS

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East & Africa (MEA), and South And Central America. The Core Biopsy Needle Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both the 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, APAC, MEA, and South And Central America after evaluating political, economic, social and technological factors affecting the Core Biopsy Needle Market in these regions.

IMPACT OF COVID-19 ON CORE BIOPSY NEEDLES MARKET
COVID-19 first began in Wuhan (China) in December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The pandemic has affected the growth of this market worldwide due to the business shutdown, worldwide lockdown, and supply and trade disruptions. While the situation is rapidly evolving, the pandemic had already disrupted the world in three ways the direct health impact the impact on the healthcare system, and the social and economic consequences of the pandemic. Patient visits to hospitals have been considerably reduced as a result of the lockdown in many nations. The demand for fine needles, bone marrow aspiration needles, and other aspiration & biopsy needles has decreased. The survival rate has decreased due to the premature death of potential survivalists. Furthermore, as the number of covid-19 cases increased, cancer screening services became partially inactive.

MARKET PLAYERS
The report covers key developments in the Core Biopsy Needle 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, partnerships & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market players from the Core Biopsy Needle Market are anticipated to have lucrative growth opportunities in the future with the rising demand for Core Biopsy Needle Market in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Core Biopsy Needle Market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, and the key development in the past five years.

  •  Hill-Rom Corporation
  •  Ranfac Corporation
  •  SOMATEX Medical Technologies GmbH
  •  TSK Laboratory
  •  Remington Medical Inc
  •  RI.MOS
  •  Coloplast
  •  Merit Medical Systems, Inc
  •  BD Biosciences
  •  Kimal
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.
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Report Coverage
Report Coverage

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

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

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

Country Scope
Country Scope

This text is related
to country scope.

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 Core Biopsy Needle Market - By Type
1.3.2 Core Biopsy Needle Market - By Application
1.3.3 Core Biopsy Needle Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CORE BIOPSY NEEDLE 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. CORE BIOPSY NEEDLE 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. CORE BIOPSY NEEDLE MARKET - GLOBAL MARKET ANALYSIS
6.1. CORE BIOPSY NEEDLE - GLOBAL MARKET OVERVIEW
6.2. CORE BIOPSY NEEDLE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. CORE BIOPSY NEEDLE MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. SEMI-AUTOMATIC
7.3.1. Overview
7.3.2. Semi-automatic Market Forecast and Analysis
7.4. AUTOMATIC
7.4.1. Overview
7.4.2. Automatic Market Forecast and Analysis
7.5. AND MANUAL
7.5.1. Overview
7.5.2. and Manual Market Forecast and Analysis
8. CORE BIOPSY NEEDLE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. KIDNEY
8.3.1. Overview
8.3.2. Kidney Market Forecast and Analysis
8.4. LIVER
8.4.1. Overview
8.4.2. Liver Market Forecast and Analysis
8.5. BREAST
8.5.1. Overview
8.5.2. Breast Market Forecast and Analysis
8.6. PROSTATE
8.6.1. Overview
8.6.2. Prostate Market Forecast and Analysis
8.7. LUNGS AND OTHERS.
8.7.1. Overview
8.7.2. Lungs and Others. Market Forecast and Analysis
9. CORE BIOPSY NEEDLE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Core Biopsy Needle Market Overview
9.1.2 North America Core Biopsy Needle Market Forecasts and Analysis
9.1.3 North America Core Biopsy Needle Market Forecasts and Analysis - By Type
9.1.4 North America Core Biopsy Needle Market Forecasts and Analysis - By Application
9.1.5 North America Core Biopsy Needle Market Forecasts and Analysis - By Countries
9.1.5.1 United States Core Biopsy Needle Market
9.1.5.1.1 United States Core Biopsy Needle Market by Type
9.1.5.1.2 United States Core Biopsy Needle Market by Application
9.1.5.2 Canada Core Biopsy Needle Market
9.1.5.2.1 Canada Core Biopsy Needle Market by Type
9.1.5.2.2 Canada Core Biopsy Needle Market by Application
9.1.5.3 Mexico Core Biopsy Needle Market
9.1.5.3.1 Mexico Core Biopsy Needle Market by Type
9.1.5.3.2 Mexico Core Biopsy Needle Market by Application
9.2. EUROPE
9.2.1 Europe Core Biopsy Needle Market Overview
9.2.2 Europe Core Biopsy Needle Market Forecasts and Analysis
9.2.3 Europe Core Biopsy Needle Market Forecasts and Analysis - By Type
9.2.4 Europe Core Biopsy Needle Market Forecasts and Analysis - By Application
9.2.5 Europe Core Biopsy Needle Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Core Biopsy Needle Market
9.2.5.1.1 Germany Core Biopsy Needle Market by Type
9.2.5.1.2 Germany Core Biopsy Needle Market by Application
9.2.5.2 France Core Biopsy Needle Market
9.2.5.2.1 France Core Biopsy Needle Market by Type
9.2.5.2.2 France Core Biopsy Needle Market by Application
9.2.5.3 Italy Core Biopsy Needle Market
9.2.5.3.1 Italy Core Biopsy Needle Market by Type
9.2.5.3.2 Italy Core Biopsy Needle Market by Application
9.2.5.4 United Kingdom Core Biopsy Needle Market
9.2.5.4.1 United Kingdom Core Biopsy Needle Market by Type
9.2.5.4.2 United Kingdom Core Biopsy Needle Market by Application
9.2.5.5 Russia Core Biopsy Needle Market
9.2.5.5.1 Russia Core Biopsy Needle Market by Type
9.2.5.5.2 Russia Core Biopsy Needle Market by Application
9.2.5.6 Rest of Europe Core Biopsy Needle Market
9.2.5.6.1 Rest of Europe Core Biopsy Needle Market by Type
9.2.5.6.2 Rest of Europe Core Biopsy Needle Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Core Biopsy Needle Market Overview
9.3.2 Asia-Pacific Core Biopsy Needle Market Forecasts and Analysis
9.3.3 Asia-Pacific Core Biopsy Needle Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Core Biopsy Needle Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Core Biopsy Needle Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Core Biopsy Needle Market
9.3.5.1.1 Australia Core Biopsy Needle Market by Type
9.3.5.1.2 Australia Core Biopsy Needle Market by Application
9.3.5.2 China Core Biopsy Needle Market
9.3.5.2.1 China Core Biopsy Needle Market by Type
9.3.5.2.2 China Core Biopsy Needle Market by Application
9.3.5.3 India Core Biopsy Needle Market
9.3.5.3.1 India Core Biopsy Needle Market by Type
9.3.5.3.2 India Core Biopsy Needle Market by Application
9.3.5.4 Japan Core Biopsy Needle Market
9.3.5.4.1 Japan Core Biopsy Needle Market by Type
9.3.5.4.2 Japan Core Biopsy Needle Market by Application
9.3.5.5 South Korea Core Biopsy Needle Market
9.3.5.5.1 South Korea Core Biopsy Needle Market by Type
9.3.5.5.2 South Korea Core Biopsy Needle Market by Application
9.3.5.6 Rest of Asia-Pacific Core Biopsy Needle Market
9.3.5.6.1 Rest of Asia-Pacific Core Biopsy Needle Market by Type
9.3.5.6.2 Rest of Asia-Pacific Core Biopsy Needle Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Core Biopsy Needle Market Overview
9.4.2 Middle East and Africa Core Biopsy Needle Market Forecasts and Analysis
9.4.3 Middle East and Africa Core Biopsy Needle Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Core Biopsy Needle Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Core Biopsy Needle Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Core Biopsy Needle Market
9.4.5.1.1 South Africa Core Biopsy Needle Market by Type
9.4.5.1.2 South Africa Core Biopsy Needle Market by Application
9.4.5.2 Saudi Arabia Core Biopsy Needle Market
9.4.5.2.1 Saudi Arabia Core Biopsy Needle Market by Type
9.4.5.2.2 Saudi Arabia Core Biopsy Needle Market by Application
9.4.5.3 U.A.E Core Biopsy Needle Market
9.4.5.3.1 U.A.E Core Biopsy Needle Market by Type
9.4.5.3.2 U.A.E Core Biopsy Needle Market by Application
9.4.5.4 Rest of Middle East and Africa Core Biopsy Needle Market
9.4.5.4.1 Rest of Middle East and Africa Core Biopsy Needle Market by Type
9.4.5.4.2 Rest of Middle East and Africa Core Biopsy Needle Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Core Biopsy Needle Market Overview
9.5.2 South and Central America Core Biopsy Needle Market Forecasts and Analysis
9.5.3 South and Central America Core Biopsy Needle Market Forecasts and Analysis - By Type
9.5.4 South and Central America Core Biopsy Needle Market Forecasts and Analysis - By Application
9.5.5 South and Central America Core Biopsy Needle Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Core Biopsy Needle Market
9.5.5.1.1 Brazil Core Biopsy Needle Market by Type
9.5.5.1.2 Brazil Core Biopsy Needle Market by Application
9.5.5.2 Argentina Core Biopsy Needle Market
9.5.5.2.1 Argentina Core Biopsy Needle Market by Type
9.5.5.2.2 Argentina Core Biopsy Needle Market by Application
9.5.5.3 Rest of South and Central America Core Biopsy Needle Market
9.5.5.3.1 Rest of South and Central America Core Biopsy Needle Market by Type
9.5.5.3.2 Rest of South and Central America Core Biopsy Needle Market by Application
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL CORE BIOPSY NEEDLE MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Middle East and Africa
10.5 South and Central America
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. CORE BIOPSY NEEDLE MARKET, KEY COMPANY PROFILES
12.1. HILL- ROM CORPORATION
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. RANFAC CORPORATION
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. SOMATE MEDICAL TECHNOLOGIES GMBH
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. TSK LABORATORY
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. REMINGTON MEDICAL INC.
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. RI.MOS
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. COLOPLAST
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. MERIT MEDICAL SYSTEMS, 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. BD BIOSCIENCES
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. KIMAL
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

1. Hill-Rom Corporation
2. Ranfac Corporation
3. SOMATEX Medical Technologies GmbH
4. TSK Laboratory
5. Remington Medical Inc
6. RI. MOS
7. Coloplast
8. Merit Medical Systems, Inc
9. BD Biosciences
10. Kimal

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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