Dental Equipment Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Dental Equipment Market covers analysis By Product (Therapeutic Dental Equipment {Dental Operatory & Treatment Center Equipment, Dental Handpieces, Dental Light-Curing Equipment, and Others}, General Equipment{CAD/CAM Systems, Electrosurgical Systems, Casting Machines, and Ceramic Furnaces}, Dental Lasers {Soft Tissue Lasers and All-Tissue (Hard/Soft) Lasers}, Diagnostic Systems {Extraoral Imaging Systems and Intraoral Imaging Systems}, and Dental Imaging Software; End User (Hospitals, Dental Academic & Research Institutes, and Others), and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPHE100000840
  • Category : Medical Device
  • No. of Pages : 150
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Dental Equipment Market Updates by 2031

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MARKET OVERVIEW
To build a new dental practice from scratch, upgrade an existing practice, or expand a practice with additional operatories or new specialty services, numerous dental equipment will be needed to complete the project. Not only restricted to treating patients, but dental equipment also includes the utility systems that power a dental practice, the systems used for infection control protocols, and even all of the equipment used to set up a portable dental operatory. Dental equipment can be divided into many categories that encompass the types of equipment that every practice needs to treat patients and the equipment required in practices providing specialized services such as endodontics or oral surgery. 

MARKET DRIVERS
Increasing prevalence of dental cases and growing geriatric people are the most impacting factors responsible for the overall dental equipment market growth during the forecast period of 2022-2031. According to the World Health Organization (WHO) report, most oral health conditions are largely preventable and can be treated in preliminary stages. For instance, the Global Burden of Disease Study 2021 report states that oral diseases affect close to 3.5 billion people globally, with the carry of permanent teeth being the most common condition. Additionally, worldwide, it is estimated that almost 2 billion people suffer from permanent tooth carries, and 520 million children suffer from primary tooth caries.

Additionally, in low and middle-income countries, the prevalence of oral diseases continues to increase with growing urbanization and changes in living conditions. This is primarily due to inadequate exposure to fluoride (in the water supply and oral hygiene products such as toothpaste), availability and affordability of food with high sugar content, and poor access to oral healthcare services in the community. Such aforementioned factors are responsible for the increased adoption of dental equipment, ultimately driving the overall market growth during the forecast period. On the other hand, high consumption of tobacco, alcohol, an unhealthy diet, and a high intake of sugar are the leading cause of dental caries, that is the most common type of chronic disease experienced globally. The rising geriatric population and their demand for dental services have also seen high demand. For records, the World Population Prospects report reveals that by 2050, 1 in 6 people in the world will be over the age of 65 worldwide, up from 1 in 11 in 2021, offering a population pool of about 1.5 billion people above the age of 65 years by 2050.

MARKET TRENDS/MARKET SCENARIO
Several companies in the dental equipment market are in the process of continuously developing innovative products.

For instance, In March 2022, Dentsply Sirona announced launching of two new service offerings: DS Core Create and DS Core Care. DS Core integrates with devices, services, and technologies in dental practices bringing improved efficiency to workflows starting from diagnosis to final care or treatment.

In March 2021, Planmeca OY announced launching of advanced 3D printers designed specifically for restorative dental practices and chairside CAD/CAM dentistry. Also, in October 2021, the company announced launching of a series of intraoral scanners that allows fast and accurate scanning being majorly used for restorative dentistry, namely, "Planmeca Emerald".

MARKET SCOPE AND REPORT FEATURES
Our report on "Global Dental Equipment Market Analysis to 2031" encapsulate a detailed market analysis on key segments such as type and applications of dental equipment market, and a deep dive statistical and qualitative analysis by geography covering five key regions and several countries. As a part of qualitative analysis report offers evaluation of key market dynamics such prevailing market driver, key challenges and opportunities that pave the path for future developments. Further, our analysis on the key competition provide a strategic view point on the market initiatives, SWOT analysis, and highlights on the products and service developments of the players.   

MARKET SEGMENTATION
Global Dental Equipment Market – By Product

  • Therapeutic Dental Equipment
    • Dental Operatory & Treatment Center Equipment
    • Dental Handpieces
    • Dental Light-Curing Equipment
    • Others
  • General Equipment
  • Dental Lasers
    • Soft Tissue Lasers
    • All-Tissue (Hard/Soft) Lasers
  • Diagnostic Systems
    • Extraoral Imaging Systems
    • Intraoral Imaging Systems
  • Dental Imaging Software

Global Dental Equipment Market – By End User

  • Hospitals
  • Dental Academic & Research Institutes
  • Others 

MARKET DYNAMICS

REGIONAL INSIGHTS
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 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South America. The automotive connector's 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 demand and supply side and further evaluates market dynamics affecting 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 America after evaluating political, economic, social and technological factors affecting the automotive connector's market in these regions.

MARKET PLAYERS
The report covers key developments in the dental equipment 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 the expansion of business and customer base of market players. The market payers from dental equipment market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the dental equipment 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, the key development in the past five years. 

  • 3M
  • Hu-Friedy Mfg. Co., LLC
  • Patterson Companies Inc.
  • Institut Straumann AG
  • Young Innovations Inc.
  • Dentsply Sirona
  • Henry Schein Inc.
  • Biolase Inc.
  • A-dec Inc.
  • Carestream Health

REPORT HIGHLIGHTS
Our report on Dental Equipment Market cover following key parameters:

  • Comprehensive market analysis at global, regional and country level
  • Detailed PEST (Political, Economic, Social and Technological) factors impacting the market across key geographic regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South America
  • Market dynamics (drivers, restraints, opportunities, and future trends) and impact analysis of drivers and restraints at short-term, mid-term and long-term
  • Market size and forecasts in terms of revenue; 2021 (historic), 2021 (base year), 2022 – 28 (forecast period)
  • In-depth market segmentation and deep dive regional and country level analysis of 18+ countries across 5 key regions
  • Key company profiles and industry landscape to provide latest market initiatives and competitive landscape
  • Impact of COVID`19 pandemic on ecosystem and the market 

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.


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REGIONAL FRAMEWORK
World Geography

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  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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MARKET PLAYERS
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage
Report Coverage

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

Segment Covered
Segment Covered

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to segments covered.

Regional Scope
Regional Scope

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

Country Scope
Country Scope

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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 Dental Equipment Market - By Products
1.3.2 Dental Equipment Market - By End Users
1.3.3 Dental Equipment Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. DENTAL EQUIPMENT 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. DENTAL EQUIPMENT 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. DENTAL EQUIPMENT MARKET - GLOBAL MARKET ANALYSIS
6.1. DENTAL EQUIPMENT - GLOBAL MARKET OVERVIEW
6.2. DENTAL EQUIPMENT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. DENTAL EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCTS
7.1. OVERVIEW
7.2. PRODUCTS MARKET FORECASTS AND ANALYSIS
7.3. DENTAL LASERS
7.3.1. Overview
7.3.2. Dental Lasers Market Forecast and Analysis
7.4. DIODE LASERS
7.4.1. Overview
7.4.2. Diode Lasers Market Forecast and Analysis
7.5. DENTAL RADIOLOGY EQUIPMENT
7.5.1. Overview
7.5.2. Dental Radiology Equipment Market Forecast and Analysis
7.6. DIGITAL SENSORS
7.6.1. Overview
7.6.2. Digital Sensors Market Forecast and Analysis
7.7. CASTING MACHINES
7.7.1. Overview
7.7.2. Casting Machines Market Forecast and Analysis
7.8. DENTAL CHAIRS
7.8.1. Overview
7.8.2. Dental Chairs Market Forecast and Analysis
7.9. DENTAL HAND PIECES
7.9.1. Overview
7.9.2. Dental Hand pieces Market Forecast and Analysis
7.10. CAD/CAM
7.10.1. Overview
7.10.2. CAD/CAM Market Forecast and Analysis
8. DENTAL EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - END USERS
8.1. OVERVIEW
8.2. END USERS MARKET FORECASTS AND ANALYSIS
8.3. DENTAL LABORATORIES
8.3.1. Overview
8.3.2. Dental Laboratories Market Forecast and Analysis
8.4. HOSPITALS
8.4.1. Overview
8.4.2. Hospitals Market Forecast and Analysis
8.5. CLINICS
8.5.1. Overview
8.5.2. Clinics Market Forecast and Analysis
9. DENTAL EQUIPMENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Dental Equipment Market Overview
9.1.2 North America Dental Equipment Market Forecasts and Analysis
9.1.3 North America Dental Equipment Market Forecasts and Analysis - By Products
9.1.4 North America Dental Equipment Market Forecasts and Analysis - By End Users
9.1.5 North America Dental Equipment Market Forecasts and Analysis - By Countries
9.1.5.1 United States Dental Equipment Market
9.1.5.1.1 United States Dental Equipment Market by Products
9.1.5.1.2 United States Dental Equipment Market by End Users
9.1.5.2 Canada Dental Equipment Market
9.1.5.2.1 Canada Dental Equipment Market by Products
9.1.5.2.2 Canada Dental Equipment Market by End Users
9.1.5.3 Mexico Dental Equipment Market
9.1.5.3.1 Mexico Dental Equipment Market by Products
9.1.5.3.2 Mexico Dental Equipment Market by End Users
9.2. EUROPE
9.2.1 Europe Dental Equipment Market Overview
9.2.2 Europe Dental Equipment Market Forecasts and Analysis
9.2.3 Europe Dental Equipment Market Forecasts and Analysis - By Products
9.2.4 Europe Dental Equipment Market Forecasts and Analysis - By End Users
9.2.5 Europe Dental Equipment Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Dental Equipment Market
9.2.5.1.1 Germany Dental Equipment Market by Products
9.2.5.1.2 Germany Dental Equipment Market by End Users
9.2.5.2 France Dental Equipment Market
9.2.5.2.1 France Dental Equipment Market by Products
9.2.5.2.2 France Dental Equipment Market by End Users
9.2.5.3 Italy Dental Equipment Market
9.2.5.3.1 Italy Dental Equipment Market by Products
9.2.5.3.2 Italy Dental Equipment Market by End Users
9.2.5.4 Spain Dental Equipment Market
9.2.5.4.1 Spain Dental Equipment Market by Products
9.2.5.4.2 Spain Dental Equipment Market by End Users
9.2.5.5 United Kingdom Dental Equipment Market
9.2.5.5.1 United Kingdom Dental Equipment Market by Products
9.2.5.5.2 United Kingdom Dental Equipment Market by End Users
9.2.5.6 Rest of Europe Dental Equipment Market
9.2.5.6.1 Rest of Europe Dental Equipment Market by Products
9.2.5.6.2 Rest of Europe Dental Equipment Market by End Users
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Dental Equipment Market Overview
9.3.2 Asia-Pacific Dental Equipment Market Forecasts and Analysis
9.3.3 Asia-Pacific Dental Equipment Market Forecasts and Analysis - By Products
9.3.4 Asia-Pacific Dental Equipment Market Forecasts and Analysis - By End Users
9.3.5 Asia-Pacific Dental Equipment Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Dental Equipment Market
9.3.5.1.1 Australia Dental Equipment Market by Products
9.3.5.1.2 Australia Dental Equipment Market by End Users
9.3.5.2 China Dental Equipment Market
9.3.5.2.1 China Dental Equipment Market by Products
9.3.5.2.2 China Dental Equipment Market by End Users
9.3.5.3 India Dental Equipment Market
9.3.5.3.1 India Dental Equipment Market by Products
9.3.5.3.2 India Dental Equipment Market by End Users
9.3.5.4 Japan Dental Equipment Market
9.3.5.4.1 Japan Dental Equipment Market by Products
9.3.5.4.2 Japan Dental Equipment Market by End Users
9.3.5.5 South Korea Dental Equipment Market
9.3.5.5.1 South Korea Dental Equipment Market by Products
9.3.5.5.2 South Korea Dental Equipment Market by End Users
9.3.5.6 Rest of Asia-Pacific Dental Equipment Market
9.3.5.6.1 Rest of Asia-Pacific Dental Equipment Market by Products
9.3.5.6.2 Rest of Asia-Pacific Dental Equipment Market by End Users
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Dental Equipment Market Overview
9.4.2 Middle East and Africa Dental Equipment Market Forecasts and Analysis
9.4.3 Middle East and Africa Dental Equipment Market Forecasts and Analysis - By Products
9.4.4 Middle East and Africa Dental Equipment Market Forecasts and Analysis - By End Users
9.4.5 Middle East and Africa Dental Equipment Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Dental Equipment Market
9.4.5.1.1 South Africa Dental Equipment Market by Products
9.4.5.1.2 South Africa Dental Equipment Market by End Users
9.4.5.2 Saudi Arabia Dental Equipment Market
9.4.5.2.1 Saudi Arabia Dental Equipment Market by Products
9.4.5.2.2 Saudi Arabia Dental Equipment Market by End Users
9.4.5.3 U.A.E Dental Equipment Market
9.4.5.3.1 U.A.E Dental Equipment Market by Products
9.4.5.3.2 U.A.E Dental Equipment Market by End Users
9.4.5.4 Rest of Middle East and Africa Dental Equipment Market
9.4.5.4.1 Rest of Middle East and Africa Dental Equipment Market by Products
9.4.5.4.2 Rest of Middle East and Africa Dental Equipment Market by End Users
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Dental Equipment Market Overview
9.5.2 South and Central America Dental Equipment Market Forecasts and Analysis
9.5.3 South and Central America Dental Equipment Market Forecasts and Analysis - By Products
9.5.4 South and Central America Dental Equipment Market Forecasts and Analysis - By End Users
9.5.5 South and Central America Dental Equipment Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Dental Equipment Market
9.5.5.1.1 Brazil Dental Equipment Market by Products
9.5.5.1.2 Brazil Dental Equipment Market by End Users
9.5.5.2 Argentina Dental Equipment Market
9.5.5.2.1 Argentina Dental Equipment Market by Products
9.5.5.2.2 Argentina Dental Equipment Market by End Users
9.5.5.3 Rest of South and Central America Dental Equipment Market
9.5.5.3.1 Rest of South and Central America Dental Equipment Market by Products
9.5.5.3.2 Rest of South and Central America Dental Equipment Market by End Users
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL DENTAL EQUIPMENT 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. DENTAL EQUIPMENT MARKET, KEY COMPANY PROFILES
12.1. 3M
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. HU-FRIEDY MFG. CO., LLC
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. PATTERSON COMPANIES INC
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. YOUNG INNOVATIONS INC
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. DENTSPLY SIRONA
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. INSTITUT STRAUMANN AG
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. HENRY SCHEIN INC
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. BIOLASE 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. A-DEC INC
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. CARESTREAM HEALTH
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. 3M
2. Hu-Friedy Mfg. Co., LLC
3. Patterson Companies Inc.
4. Institut Straumann AG
5. Young Innovations Inc.
6. Dentsply Sirona
7. Henry Schein Inc.
8. Biolase Inc.
9. A-dec Inc.
10. Carestream Health

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.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

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