Dura Substitute Market Outlook, Segments, Geography, Dynamics, and Insights by 2031

Coverage: Dura Substitute Market covers analysis By Material (Biological, Synthetic); Application (Neurosurgery, Spine Surgery); End-User (Hospital, Specialty Clinics, Trauma Centers) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00008460
  • Category : Life Sciences
  • No. of Pages : 150
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Dura Substitute Market Size and CAGR by 2031

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The Dura Substitute Market is expected to register a CAGR of 3.2% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The report is segmented by Material (Biological, Synthetic), Application (Neurosurgery, Spine Surgery). The report further presents analysis based on the End-User (Hospital, Specialty Clinics, Trauma Centers). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.

Purpose of the Report

The report Dura Substitute Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Dura Substitute Market Segmentation

Material
  • Biological
  • Synthetic
Application
  • Neurosurgery
  • Spine Surgery
End-User
  • Hospital
  • Specialty Clinics
  • Trauma Centers
Geography
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Strategic Insights

Dura Substitute Market Growth Drivers
  • Growing Incidence of Neurological Disorders: The growing prevalence of neurological disorders, including meningitis and brain tumors, drives the demand for dura substitutes. Increasing common surgical procedures to correct meningitis or brain tumors create a rising need for effective dura mater repair solutions, which is increasing the demand for durable and biocompatible dura substitutes to help patients recover and with lesser complications.
  • Biomaterials Advancements: Biomaterial innovation is significantly impacting the dura substitute market. Synthetic and natural materials, especially collagen and polycaprolactone, improve over the performance of dura substitutes by having better mechanical properties, biocompatibility, and bioactivity that can promote healing and integration with surrounding tissues in neurosurgical applications.
  • Rising Number of Surgical Procedures: This is underpinned by the increasing geriatric population and enhancements in surgical techniques, hence representing a major driving force for the market. Increasing surgeries that involve dura repair, such as spine and craniotomy procedures, will add to the increased need for biocompatible dura substitutes ensuring perfect results and the safety of patients.
Dura Substitute Market Future Trends
  • Rising Need for Biodegradable Materials: Recently, particularly, dura substitutes incorporate biodegradable materials. This would mean the implant gradually gets absorbed instead of necessitating a second surgery after its implantation. This trend fits into and sustains healthcare sector policies, foremost on the issues of maintaining patient comfort, risk complications of treatment, and promoting recovery.
  • Focus on Customized Solutions: The focus is now toward customized dura substitutes that best meet the need of individual patients. New innovations in 3D printing mean that, increasingly now, implants are designed patient-specifically, tailored to each patient's anatomy, to provide better surgical performance and fewer complications for standard, off-the-shelf repairs.
  • Regulatory Support for Advanced Therapies: The growth in regulatory support for advanced surgical materials is defining the dura substitute market. With regulatory authorities easing approval processes for novel dura substitutes, the scenario is quite encouraging towards research and development, and novel products come out into the market much faster.
Dura Substitute Market Opportunities
  • Expansion of Emerging Markets: Dura substitute market is an excellent emerging economy opportunity, where healthcare infrastructure is developing. Improving access to neurosurgical services and increasing awareness about advanced treatment options creates demand for dura substitutes.
  • Expenditure on R&D for Regenerative Medicine: Investment in research and development within regenerative medicine will open new scopes in the dura substitute market. Improvements in healing and tissue regeneration will provide new-generation dura substitutes that improve the patient outcome and broaden application scenarios for use in neurosurgery.
  • Collaborations with Neurosurgery Centers: This open route may further allow manufacturers of dura substitutes to interface with neurosurgery centers and academic institutions. These interfaces may provide opportunities for clinical trials and enhance the validation of products for faster acceptance of new dura materials for further improvement in solutions and market presence.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Dura Substitute Market, providing a holistic landscape.
  • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
  • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
  • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Dura Substitute Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

REGIONAL FRAMEWORK
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Report Coverage
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.

Frequently Asked Questions


What is the expected CAGR of the dura substitute market?

The dura substitute market is estimated to grow with a CAGR of 3.2% from 2023 to 2031.

Which region is expected to witness the fastest growth rate by 2031?

Asia-Pacific region is likely to witness the fastest growth rate during the forecast period.

Which are the leading players operating in the dura substitute market

The dura substitute market majorly consists of players such as DePuy Synthes, Stryker Corporation, Cook among others

What are the driving factors impacting the dura substitute market

The market drivers include the rising prevalence of neurological disorders, and innovations in biomaterials are significantly influencing the dura substitute market

What are the future trends of the dura substitute market

Increasing emphasis on customized dura substitutes is likely to remain the key trend during the forecast period

Which region dominated the dura substitute market in 2023

North America dominated the dura substitute market in 2023

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 Dura Substitute Market - By Material
1.3.2 Dura Substitute Market - By Application
1.3.3 Dura Substitute Market - By End-User
1.3.4 Dura Substitute Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. DURA SUBSTITUTE 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. DURA SUBSTITUTE 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. DURA SUBSTITUTE MARKET - GLOBAL MARKET ANALYSIS
6.1. DURA SUBSTITUTE - GLOBAL MARKET OVERVIEW
6.2. DURA SUBSTITUTE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. DURA SUBSTITUTE MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL
7.1. OVERVIEW
7.2. MATERIAL MARKET FORECASTS AND ANALYSIS
7.3. BIOLOGICAL
7.3.1. Overview
7.3.2. Biological Market Forecast and Analysis
7.3.3. Bovine Pericardium Market
7.3.3.1. Overview
7.3.3.2. Bovine Pericardium Market Forecast and Analysis
7.3.4. Porcine Intestinal Sub-Mucosal Layer. Market
7.3.4.1. Overview
7.3.4.2. Porcine Intestinal Sub-Mucosal Layer. Market Forecast and Analysis
7.4. SYNTHETIC
7.4.1. Overview
7.4.2. Synthetic Market Forecast and Analysis
8. DURA SUBSTITUTE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. NEUROSURGERY
8.3.1. Overview
8.3.2. Neurosurgery Market Forecast and Analysis
8.4. SPINE SURGERY
8.4.1. Overview
8.4.2. Spine Surgery Market Forecast and Analysis
9. DURA SUBSTITUTE MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
9.1. OVERVIEW
9.2. END-USER MARKET FORECASTS AND ANALYSIS
9.3. HOSPITAL
9.3.1. Overview
9.3.2. Hospital Market Forecast and Analysis
9.4. SPECIALTY CLINICS
9.4.1. Overview
9.4.2. Specialty Clinics Market Forecast and Analysis
9.5. TRAUMA CENTERS
9.5.1. Overview
9.5.2. Trauma Centers Market Forecast and Analysis
10. DURA SUBSTITUTE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Dura Substitute Market Overview
10.1.2 North America Dura Substitute Market Forecasts and Analysis
10.1.3 North America Dura Substitute Market Forecasts and Analysis - By Material
10.1.4 North America Dura Substitute Market Forecasts and Analysis - By Application
10.1.5 North America Dura Substitute Market Forecasts and Analysis - By End-User
10.1.6 North America Dura Substitute Market Forecasts and Analysis - By Countries
10.1.6.1 United States Dura Substitute Market
10.1.6.1.1 United States Dura Substitute Market by Material
10.1.6.1.2 United States Dura Substitute Market by Application
10.1.6.1.3 United States Dura Substitute Market by End-User
10.1.6.2 Canada Dura Substitute Market
10.1.6.2.1 Canada Dura Substitute Market by Material
10.1.6.2.2 Canada Dura Substitute Market by Application
10.1.6.2.3 Canada Dura Substitute Market by End-User
10.1.6.3 Mexico Dura Substitute Market
10.1.6.3.1 Mexico Dura Substitute Market by Material
10.1.6.3.2 Mexico Dura Substitute Market by Application
10.1.6.3.3 Mexico Dura Substitute Market by End-User
10.2. EUROPE
10.2.1 Europe Dura Substitute Market Overview
10.2.2 Europe Dura Substitute Market Forecasts and Analysis
10.2.3 Europe Dura Substitute Market Forecasts and Analysis - By Material
10.2.4 Europe Dura Substitute Market Forecasts and Analysis - By Application
10.2.5 Europe Dura Substitute Market Forecasts and Analysis - By End-User
10.2.6 Europe Dura Substitute Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Dura Substitute Market
10.2.6.1.1 Germany Dura Substitute Market by Material
10.2.6.1.2 Germany Dura Substitute Market by Application
10.2.6.1.3 Germany Dura Substitute Market by End-User
10.2.6.2 France Dura Substitute Market
10.2.6.2.1 France Dura Substitute Market by Material
10.2.6.2.2 France Dura Substitute Market by Application
10.2.6.2.3 France Dura Substitute Market by End-User
10.2.6.3 Italy Dura Substitute Market
10.2.6.3.1 Italy Dura Substitute Market by Material
10.2.6.3.2 Italy Dura Substitute Market by Application
10.2.6.3.3 Italy Dura Substitute Market by End-User
10.2.6.4 Spain Dura Substitute Market
10.2.6.4.1 Spain Dura Substitute Market by Material
10.2.6.4.2 Spain Dura Substitute Market by Application
10.2.6.4.3 Spain Dura Substitute Market by End-User
10.2.6.5 United Kingdom Dura Substitute Market
10.2.6.5.1 United Kingdom Dura Substitute Market by Material
10.2.6.5.2 United Kingdom Dura Substitute Market by Application
10.2.6.5.3 United Kingdom Dura Substitute Market by End-User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Dura Substitute Market Overview
10.3.2 Asia-Pacific Dura Substitute Market Forecasts and Analysis
10.3.3 Asia-Pacific Dura Substitute Market Forecasts and Analysis - By Material
10.3.4 Asia-Pacific Dura Substitute Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Dura Substitute Market Forecasts and Analysis - By End-User
10.3.6 Asia-Pacific Dura Substitute Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Dura Substitute Market
10.3.6.1.1 Australia Dura Substitute Market by Material
10.3.6.1.2 Australia Dura Substitute Market by Application
10.3.6.1.3 Australia Dura Substitute Market by End-User
10.3.6.2 China Dura Substitute Market
10.3.6.2.1 China Dura Substitute Market by Material
10.3.6.2.2 China Dura Substitute Market by Application
10.3.6.2.3 China Dura Substitute Market by End-User
10.3.6.3 India Dura Substitute Market
10.3.6.3.1 India Dura Substitute Market by Material
10.3.6.3.2 India Dura Substitute Market by Application
10.3.6.3.3 India Dura Substitute Market by End-User
10.3.6.4 Japan Dura Substitute Market
10.3.6.4.1 Japan Dura Substitute Market by Material
10.3.6.4.2 Japan Dura Substitute Market by Application
10.3.6.4.3 Japan Dura Substitute Market by End-User
10.3.6.5 South Korea Dura Substitute Market
10.3.6.5.1 South Korea Dura Substitute Market by Material
10.3.6.5.2 South Korea Dura Substitute Market by Application
10.3.6.5.3 South Korea Dura Substitute Market by End-User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Dura Substitute Market Overview
10.4.2 Middle East and Africa Dura Substitute Market Forecasts and Analysis
10.4.3 Middle East and Africa Dura Substitute Market Forecasts and Analysis - By Material
10.4.4 Middle East and Africa Dura Substitute Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Dura Substitute Market Forecasts and Analysis - By End-User
10.4.6 Middle East and Africa Dura Substitute Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Dura Substitute Market
10.4.6.1.1 South Africa Dura Substitute Market by Material
10.4.6.1.2 South Africa Dura Substitute Market by Application
10.4.6.1.3 South Africa Dura Substitute Market by End-User
10.4.6.2 Saudi Arabia Dura Substitute Market
10.4.6.2.1 Saudi Arabia Dura Substitute Market by Material
10.4.6.2.2 Saudi Arabia Dura Substitute Market by Application
10.4.6.2.3 Saudi Arabia Dura Substitute Market by End-User
10.4.6.3 U.A.E Dura Substitute Market
10.4.6.3.1 U.A.E Dura Substitute Market by Material
10.4.6.3.2 U.A.E Dura Substitute Market by Application
10.4.6.3.3 U.A.E Dura Substitute Market by End-User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Dura Substitute Market Overview
10.5.2 South and Central America Dura Substitute Market Forecasts and Analysis
10.5.3 South and Central America Dura Substitute Market Forecasts and Analysis - By Material
10.5.4 South and Central America Dura Substitute Market Forecasts and Analysis - By Application
10.5.5 South and Central America Dura Substitute Market Forecasts and Analysis - By End-User
10.5.6 South and Central America Dura Substitute Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Dura Substitute Market
10.5.6.1.1 Brazil Dura Substitute Market by Material
10.5.6.1.2 Brazil Dura Substitute Market by Application
10.5.6.1.3 Brazil Dura Substitute Market by End-User
10.5.6.2 Argentina Dura Substitute Market
10.5.6.2.1 Argentina Dura Substitute Market by Material
10.5.6.2.2 Argentina Dura Substitute Market by Application
10.5.6.2.3 Argentina Dura Substitute 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. DURA SUBSTITUTE MARKET, KEY COMPANY PROFILES
12.1. DEPUY SYNTHES
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. STRYKER 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. COOK
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. B. BRAUN MELSUNGEN AG (AESCULAP, 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. MEDTRONIC
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. INTEGRA LIFESCIENCES
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. GUNZE LIMITED
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. BAXTER
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. COUSIN BIOTECH
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. NATUS MEDICAL INCORPORATED
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
12.11. TISSUEMED LTD
12.11.1. Key Facts
12.11.2. Business Description
12.11.3. Products and Services
12.11.4. Financial Overview
12.11.5. SWOT Analysis
12.11.6. Key Developments
12.12. VOSTRA MEDICAL PRODUCTS
12.12.1. Key Facts
12.12.2. Business Description
12.12.3. Products and Services
12.12.4. Financial Overview
12.12.5. SWOT Analysis
12.12.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies

1. DePuy Synthes
2. Stryker Corporation
3. Cook
4. B. Braun Melsungen AG (Aesculap, Inc.)
5. Medtronic
6. Integra LifeSciences
7. GUNZE LIMITED
8. Baxter
9. Cousin Biotech
10. Natus Medical Incorporated
11. Tissuemed Ltd
12. Vostra Medical Products

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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