The E-Prescribing Market is expected to register a CAGR of 25.4% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Component (Services, Software, System); Delivery Mode (Web Based, Cloud Based, On Premise); End User (Hospitals, Pharmacies, Office Based Physicians). 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 ReportThe report E-Prescribing 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.
E-Prescribing Market Segmentation
Component- Services
- Software
- System
- Web Based
- Cloud Based
- On Premise
- Hospitals
- Pharmacies
- Office Based Physicians
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South and Central America
Strategic Insights
E-Prescribing Market Growth Drivers- Enhanced Patient Safety: The e-prescribing systems limit medication errors because prescriptions and warnings about potential drug interactions are easy to read. This enhances patient safety and outcomes.
- Regulatory Support: By some incentives and regulations, the government is trying to encourage more e-prescribing systems. One of the examples includes that the US government has a policy encouraging healthcare providers to implement electronic prescribing systems involving controlled substances.
- Integration with Electronic Health Records (EHR) and Health Information Exchange (HIE) Systems: The future of e-prescribing will see deeper integration with Electronic Health Records (EHR) and Health Information Exchange (HIE) systems, providing seamless access to patient data across multiple healthcare providers. This integration will enable prescribers to make more informed decisions by having real-time access to a patient’s medical history, including allergies, previous prescriptions, and lab results. It will also support better coordination between healthcare providers, improving patient outcomes and reducing the risk of medication errors or drug interactions. As healthcare systems move towards interoperability, the demand for integrated e-prescribing solutions will continue to rise.
- Adoption of e-Prescribing for Controlled Substances (EPCS): With the increasing focus on combating the opioid crisis and reducing prescription drug abuse, the adoption of e-prescribing for controlled substances (EPCS) is expected to grow significantly. Regulatory bodies like the U.S. Drug Enforcement Administration (DEA) have implemented measures to encourage secure electronic prescribing of controlled substances. The future will see broader adoption of EPCS as healthcare providers and pharmacies implement more secure systems that comply with regulatory standards, such as two-factor authentication and encrypted communication. This will improve patient safety, reduce prescription fraud, and streamline the prescription process for controlled substances.
- Customization and Personalization: Offering customizable e-prescribing solutions that cater to the exclusive workflows of different healthcare providers can differentiate market players in a competitive market.
- Partnerships and Collaborations: There is potential for partnerships between e-prescribing solution providers and healthcare organizations to develop tailored solutions that meet specific needs, particularly in underserved markets.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the E-Prescribing 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 E-Prescribing 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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- 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
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request
Enhanced patient safety and regulatory support are the major factors driving the e-Prescribing market.
Increased adoption of integrated solutions and cloud-based solutions are likely to remain a key trend in the market.
Some of the customization options available based on the request are an additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation#as our team would review the same and check the feasibility
The E-Prescribing Market is estimated to witness a CAGR of 25.4% from 2024 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 E-Prescribing Market - By Component
1.3.2 E-Prescribing Market - By Delivery Mode
1.3.3 E-Prescribing Market - By End User
1.3.4 E-Prescribing Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. E-PRESCRIBING 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. E-PRESCRIBING 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. E-PRESCRIBING MARKET - GLOBAL MARKET ANALYSIS
6.1. E-PRESCRIBING - GLOBAL MARKET OVERVIEW
6.2. E-PRESCRIBING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. E-PRESCRIBING MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. SERVICES
7.3.1. Overview
7.3.2. Services Market Forecast and Analysis
7.3.3. Network Services Market
7.3.3.1. Overview
7.3.3.2. Network Services Market Forecast and Analysis
7.3.4. Implementation Services Market
7.3.4.1. Overview
7.3.4.2. Implementation Services Market Forecast and Analysis
7.3.5. Support and Maintenance Services Market
7.3.5.1. Overview
7.3.5.2. Support and Maintenance Services Market Forecast and Analysis
7.3.6. Training and Education Services Market
7.3.6.1. Overview
7.3.6.2. Training and Education Services Market Forecast and Analysis
7.4. SOFTWARE
7.4.1. Overview
7.4.2. Software Market Forecast and Analysis
7.5. SYSTEM
7.5.1. Overview
7.5.2. System Market Forecast and Analysis
8. E-PRESCRIBING MARKET - REVENUE AND FORECASTS TO 2028 - DELIVERY MODE
8.1. OVERVIEW
8.2. DELIVERY MODE MARKET FORECASTS AND ANALYSIS
8.3. WEB BASED
8.3.1. Overview
8.3.2. Web Based Market Forecast and Analysis
8.4. CLOUD BASED
8.4.1. Overview
8.4.2. Cloud Based Market Forecast and Analysis
8.5. ON PREMISE
8.5.1. Overview
8.5.2. On Premise Market Forecast and Analysis
9. E-PRESCRIBING MARKET - REVENUE AND FORECASTS TO 2028 - END USER
9.1. OVERVIEW
9.2. END USER MARKET FORECASTS AND ANALYSIS
9.3. HOSPITALS
9.3.1. Overview
9.3.2. Hospitals Market Forecast and Analysis
9.4. PHARMACIES
9.4.1. Overview
9.4.2. Pharmacies Market Forecast and Analysis
9.5. OFFICE BASED PHYSICIANS
9.5.1. Overview
9.5.2. Office Based Physicians Market Forecast and Analysis
10. E-PRESCRIBING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America E-Prescribing Market Overview
10.1.2 North America E-Prescribing Market Forecasts and Analysis
10.1.3 North America E-Prescribing Market Forecasts and Analysis - By Component
10.1.4 North America E-Prescribing Market Forecasts and Analysis - By Delivery Mode
10.1.5 North America E-Prescribing Market Forecasts and Analysis - By End User
10.1.6 North America E-Prescribing Market Forecasts and Analysis - By Countries
10.1.6.1 United States E-Prescribing Market
10.1.6.1.1 United States E-Prescribing Market by Component
10.1.6.1.2 United States E-Prescribing Market by Delivery Mode
10.1.6.1.3 United States E-Prescribing Market by End User
10.1.6.2 Canada E-Prescribing Market
10.1.6.2.1 Canada E-Prescribing Market by Component
10.1.6.2.2 Canada E-Prescribing Market by Delivery Mode
10.1.6.2.3 Canada E-Prescribing Market by End User
10.1.6.3 Mexico E-Prescribing Market
10.1.6.3.1 Mexico E-Prescribing Market by Component
10.1.6.3.2 Mexico E-Prescribing Market by Delivery Mode
10.1.6.3.3 Mexico E-Prescribing Market by End User
10.2. EUROPE
10.2.1 Europe E-Prescribing Market Overview
10.2.2 Europe E-Prescribing Market Forecasts and Analysis
10.2.3 Europe E-Prescribing Market Forecasts and Analysis - By Component
10.2.4 Europe E-Prescribing Market Forecasts and Analysis - By Delivery Mode
10.2.5 Europe E-Prescribing Market Forecasts and Analysis - By End User
10.2.6 Europe E-Prescribing Market Forecasts and Analysis - By Countries
10.2.6.1 Germany E-Prescribing Market
10.2.6.1.1 Germany E-Prescribing Market by Component
10.2.6.1.2 Germany E-Prescribing Market by Delivery Mode
10.2.6.1.3 Germany E-Prescribing Market by End User
10.2.6.2 France E-Prescribing Market
10.2.6.2.1 France E-Prescribing Market by Component
10.2.6.2.2 France E-Prescribing Market by Delivery Mode
10.2.6.2.3 France E-Prescribing Market by End User
10.2.6.3 Italy E-Prescribing Market
10.2.6.3.1 Italy E-Prescribing Market by Component
10.2.6.3.2 Italy E-Prescribing Market by Delivery Mode
10.2.6.3.3 Italy E-Prescribing Market by End User
10.2.6.4 Spain E-Prescribing Market
10.2.6.4.1 Spain E-Prescribing Market by Component
10.2.6.4.2 Spain E-Prescribing Market by Delivery Mode
10.2.6.4.3 Spain E-Prescribing Market by End User
10.2.6.5 United Kingdom E-Prescribing Market
10.2.6.5.1 United Kingdom E-Prescribing Market by Component
10.2.6.5.2 United Kingdom E-Prescribing Market by Delivery Mode
10.2.6.5.3 United Kingdom E-Prescribing Market by End User
10.2.6.6 Rest of Europe E-Prescribing Market
10.2.6.6.1 Rest of Europe E-Prescribing Market by Component
10.2.6.6.2 Rest of Europe E-Prescribing Market by Delivery Mode
10.2.6.6.3 Rest of Europe E-Prescribing Market by End User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific E-Prescribing Market Overview
10.3.2 Asia-Pacific E-Prescribing Market Forecasts and Analysis
10.3.3 Asia-Pacific E-Prescribing Market Forecasts and Analysis - By Component
10.3.4 Asia-Pacific E-Prescribing Market Forecasts and Analysis - By Delivery Mode
10.3.5 Asia-Pacific E-Prescribing Market Forecasts and Analysis - By End User
10.3.6 Asia-Pacific E-Prescribing Market Forecasts and Analysis - By Countries
10.3.6.1 Australia E-Prescribing Market
10.3.6.1.1 Australia E-Prescribing Market by Component
10.3.6.1.2 Australia E-Prescribing Market by Delivery Mode
10.3.6.1.3 Australia E-Prescribing Market by End User
10.3.6.2 China E-Prescribing Market
10.3.6.2.1 China E-Prescribing Market by Component
10.3.6.2.2 China E-Prescribing Market by Delivery Mode
10.3.6.2.3 China E-Prescribing Market by End User
10.3.6.3 India E-Prescribing Market
10.3.6.3.1 India E-Prescribing Market by Component
10.3.6.3.2 India E-Prescribing Market by Delivery Mode
10.3.6.3.3 India E-Prescribing Market by End User
10.3.6.4 Japan E-Prescribing Market
10.3.6.4.1 Japan E-Prescribing Market by Component
10.3.6.4.2 Japan E-Prescribing Market by Delivery Mode
10.3.6.4.3 Japan E-Prescribing Market by End User
10.3.6.5 South Korea E-Prescribing Market
10.3.6.5.1 South Korea E-Prescribing Market by Component
10.3.6.5.2 South Korea E-Prescribing Market by Delivery Mode
10.3.6.5.3 South Korea E-Prescribing Market by End User
10.3.6.6 Rest of Asia-Pacific E-Prescribing Market
10.3.6.6.1 Rest of Asia-Pacific E-Prescribing Market by Component
10.3.6.6.2 Rest of Asia-Pacific E-Prescribing Market by Delivery Mode
10.3.6.6.3 Rest of Asia-Pacific E-Prescribing Market by End User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa E-Prescribing Market Overview
10.4.2 Middle East and Africa E-Prescribing Market Forecasts and Analysis
10.4.3 Middle East and Africa E-Prescribing Market Forecasts and Analysis - By Component
10.4.4 Middle East and Africa E-Prescribing Market Forecasts and Analysis - By Delivery Mode
10.4.5 Middle East and Africa E-Prescribing Market Forecasts and Analysis - By End User
10.4.6 Middle East and Africa E-Prescribing Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa E-Prescribing Market
10.4.6.1.1 South Africa E-Prescribing Market by Component
10.4.6.1.2 South Africa E-Prescribing Market by Delivery Mode
10.4.6.1.3 South Africa E-Prescribing Market by End User
10.4.6.2 Saudi Arabia E-Prescribing Market
10.4.6.2.1 Saudi Arabia E-Prescribing Market by Component
10.4.6.2.2 Saudi Arabia E-Prescribing Market by Delivery Mode
10.4.6.2.3 Saudi Arabia E-Prescribing Market by End User
10.4.6.3 U.A.E E-Prescribing Market
10.4.6.3.1 U.A.E E-Prescribing Market by Component
10.4.6.3.2 U.A.E E-Prescribing Market by Delivery Mode
10.4.6.3.3 U.A.E E-Prescribing Market by End User
10.4.6.4 Rest of Middle East and Africa E-Prescribing Market
10.4.6.4.1 Rest of Middle East and Africa E-Prescribing Market by Component
10.4.6.4.2 Rest of Middle East and Africa E-Prescribing Market by Delivery Mode
10.4.6.4.3 Rest of Middle East and Africa E-Prescribing Market by End User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America E-Prescribing Market Overview
10.5.2 South and Central America E-Prescribing Market Forecasts and Analysis
10.5.3 South and Central America E-Prescribing Market Forecasts and Analysis - By Component
10.5.4 South and Central America E-Prescribing Market Forecasts and Analysis - By Delivery Mode
10.5.5 South and Central America E-Prescribing Market Forecasts and Analysis - By End User
10.5.6 South and Central America E-Prescribing Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil E-Prescribing Market
10.5.6.1.1 Brazil E-Prescribing Market by Component
10.5.6.1.2 Brazil E-Prescribing Market by Delivery Mode
10.5.6.1.3 Brazil E-Prescribing Market by End User
10.5.6.2 Argentina E-Prescribing Market
10.5.6.2.1 Argentina E-Prescribing Market by Component
10.5.6.2.2 Argentina E-Prescribing Market by Delivery Mode
10.5.6.2.3 Argentina E-Prescribing Market by End User
10.5.6.3 Rest of South and Central America E-Prescribing Market
10.5.6.3.1 Rest of South and Central America E-Prescribing Market by Component
10.5.6.3.2 Rest of South and Central America E-Prescribing Market by Delivery Mode
10.5.6.3.3 Rest of South and Central America E-Prescribing Market by End User
11. IMPACT OF COVID-19 PANDEMIC ON GLOBAL E-PRESCRIBING MARKET
11.1 North America
11.2 Europe
11.3 Asia-Pacific
11.4 Middle East and Africa
11.5 South and Central America
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. E-PRESCRIBING MARKET, KEY COMPANY PROFILES
13.1. ALLSCRIPTS
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. GENERAL ELECTRIC COMPANY
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. ATHENAHEALTH, INC
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. DAW SYSTEMS, INC
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. NEWCROP, LLC
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. ECLINICALWORKS
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. CHANGE HEALTHCARE
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. PRACTICE FUSION, INC
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. HENRY SCHEIN
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. SURESCRIPTS
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. Allscripts
2. GENERAL ELECTRIC COMPANY
3. athenahealth, Inc
4. Daw Systems, Inc
5. NewCrop, LLC
6. eClinicalWorks
7. Change Healthcare.
8. Practice Fusion, Inc
9. Henry Schein
10. Surescripts
11. Computer Programs and Systems, Inc.
12. DrFirst, Inc.
13. Medical Information Technology, Inc.
14. Epic Systems Corporation
15. Cerner Corporation
16. NextGen Healthcare
17. RelayHealth
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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