Electronic Pipettes Market Growth | 2021 to 2031
The Electronic Pipettes Market is expected to register a CAGR of 10.9% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Product Type (Fixed-volume, Variable-volume, Single-channel, Multi-channel, Picus Pipettes, Others); End User (Hospitals, Research and Academic Institutes, Diagnostic Laboratories, Others). 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 Electronic Pipettes 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.
Electronic Pipettes Market Segmentation
Product Type- Fixed-volume
- Variable-volume
- Single-channel
- Multi-channel
- Picus Pipettes
- Others
- Hospitals
- Research and Academic Institutes
- Diagnostic Laboratories
- Others
Strategic Insights
Electronic Pipettes Market Growth Drivers- Advancements in Laboratory Automation: The increased demand for laboratory automation is considered a very important driver for the electronic pipettes market. Research laboratories that have concentrated on the efficacy and accuracy in research know that these human errors can be minimized with the help of electronic pipettes in liquid handling and would have to adopt these devices more in premises where the workload is at least hustle-free and more automated, such as biotechnological and pharmaceutical units.
- Rising Demand for Reproducibility and Accuracy: An electric type of pipette currently matches the numbers of their previous historical inventions; also, they form part and parcel of the research integrity, reproducibility, and accuracy of scientific experimentation. Electric pipettes act more remarkably at narrowing the discrepancies in volumes dispensed and therefore reduce the chances of human error, thereby making the experimental findings more reliable. Most importantly, their role is in genomics and proteomics, where this precision is extremely vital.
- Growing Biotechnology and Pharmaceutical Research: Rapid advancement in biotechnology and pharmaceuticals has created a demand for more agile and reliable laboratory instruments. The electronic pipette automates mundane processes into routine activities, thereby increasing workflow productivity in drug discovery, clinical trials, and molecular biology. So although this area may progress, it creates more demand because with all innovations, such as electronic pipettes, comes the need for more advanced liquid handling.
- Integration with Digital Platforms: With such integrated solutions, electronic pipettes will now have the ability to eliminate redundancies and employ a holistic data collection and traceability process for processing experimental control from a completely different perspective. In fact, it is relevant already in industries that are pharmaceutical or genomic-having virtue, thereby making themselves far more concerned about proper data management.
- Increase in Single-Use and Disposable Pipettes: Some of the primary factors for the increasing trend of disposable electronic pipettes are easy to use and very minimal risk for cross-contamination. It becomes quite important in research laboratories where there are extremely sterile criteria for use, and in a clinical and diagnostics laboratory. In this way, it brings about economy effectiveness against classical pipettes as well as hygiene standards.
- Miniaturization and Ergonomic Design: The new compact, lightweight and more ergonomically designed electronic pipettes are improving user comfort and usability in general. This design ameliorates bad ergonomics for long periods spent in the lab-on-the-job due to higher noise volumes of work done-suited more opt for high randomization. Smaller, easier to use devices increasingly attract the wider customer base in education institutions and even small research laboratories.
- Expansion in Emerging Markets: The new health conditions and reading situations prevalent in an emerging economy indicate that much could be done with providing access to electronic pipettes on a broader scale and especially to develop and gain opportunities for researchers in life sciences and pharmaceutical R&D. With most of them being engaged at academic locations of those regions, the new users will create more opportunities as they beget new markets with their ever-increasing requirements for inexpensive, durable, and easy-to-handle electronic pipettes.
- Customization for Specific Applications: Trends that are present or at work in vertical application areas such as genomics research, clinical diagnostics, and food safety testing are thus future growth areas that are set to develop for electronic pipettes. E.g. customizing volume ranges, accuracy, etc., would meet particular requirements from various fields and thus create niches for further expansion of these electronic pipette application areas.
- Integration with Lab Robotics: Another opportunity of increasing robotic automation in the laboratory is the use of robotic systems with electronic pipettes. Such systems are not only able to do repetitive work but, with the appropriate pipette and robotic platform alignment, will herald entirely new revenue streams for manufacturers, especially those involved in largescale scientific research and pharmaceutical production environments.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Electronic Pipettes 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 Electronic Pipettes 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 FRAMEWORKHave a question?
Mrinal
Mrinal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- 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
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The Variable-volume segment accounts for highest revenue in product type segment in 2023
Gilson, Inc., Sartorius Group, Thermo Fisher Scientific, Inc., Integra Biosciences AG, Eppendorf AG, Corning Incorporated, Hamilton Company, Greiner Bio-One International GmbH, Accumax, Oasis Scientific are some of the major market players operating in the market
Asia Pacific region dominated the electronic pipettes market in 2023
North America region dominated the electronic pipettes market in 2023
The Electronic Pipettes Market is estimated to witness a CAGR of 10.9% from 2023 to 2031
The major factors driving the electronic pipettes market are:
1.Advancements in Laboratory Automation
2.Rising Demand for Reproducibility and Accuracy
3. Growing Biotechnology and Pharmaceutical Research
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Electronic Pipettes Market - By Product Type
1.3.2 Electronic Pipettes Market - By End User
1.3.3 Electronic Pipettes Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ELECTRONIC PIPETTES 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. ELECTRONIC PIPETTES 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. ELECTRONIC PIPETTES MARKET - GLOBAL MARKET ANALYSIS
6.1. ELECTRONIC PIPETTES - GLOBAL MARKET OVERVIEW
6.2. ELECTRONIC PIPETTES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ELECTRONIC PIPETTES MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. FIXED-VOLUME
7.3.1. Overview
7.3.2. Fixed-volume Market Forecast and Analysis
7.4. VARIABLE-VOLUME
7.4.1. Overview
7.4.2. Variable-volume Market Forecast and Analysis
7.5. SINGLE-CHANNEL
7.5.1. Overview
7.5.2. Single-channel Market Forecast and Analysis
7.6. MULTI-CHANNEL
7.6.1. Overview
7.6.2. Multi-channel Market Forecast and Analysis
7.7. PICUS PIPETTES
7.7.1. Overview
7.7.2. Picus Pipettes Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
8. ELECTRONIC PIPETTES MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. HOSPITALS
8.3.1. Overview
8.3.2. Hospitals Market Forecast and Analysis
8.4. RESEARCH AND ACADEMIC INSTITUTES
8.4.1. Overview
8.4.2. Research and Academic Institutes Market Forecast and Analysis
8.5. DIAGNOSTIC LABORATORIES
8.5.1. Overview
8.5.2. Diagnostic Laboratories Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. ELECTRONIC PIPETTES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Electronic Pipettes Market Overview
9.1.2 North America Electronic Pipettes Market Forecasts and Analysis
9.1.3 North America Electronic Pipettes Market Forecasts and Analysis - By Product Type
9.1.4 North America Electronic Pipettes Market Forecasts and Analysis - By End User
9.1.5 North America Electronic Pipettes Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Electronic Pipettes Market
9.1.5.1.1 Canada Electronic Pipettes Market by Product Type
9.1.5.1.2 Canada Electronic Pipettes Market by End User
9.1.5.2 Mexico Electronic Pipettes Market
9.1.5.2.1 Mexico Electronic Pipettes Market by Product Type
9.1.5.2.2 Mexico Electronic Pipettes Market by End User
9.2. EUROPE
9.2.1 Europe Electronic Pipettes Market Overview
9.2.2 Europe Electronic Pipettes Market Forecasts and Analysis
9.2.3 Europe Electronic Pipettes Market Forecasts and Analysis - By Product Type
9.2.4 Europe Electronic Pipettes Market Forecasts and Analysis - By End User
9.2.5 Europe Electronic Pipettes Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Electronic Pipettes Market
9.2.5.1.1 Germany Electronic Pipettes Market by Product Type
9.2.5.1.2 Germany Electronic Pipettes Market by End User
9.2.5.2 France Electronic Pipettes Market
9.2.5.2.1 France Electronic Pipettes Market by Product Type
9.2.5.2.2 France Electronic Pipettes Market by End User
9.2.5.3 Italy Electronic Pipettes Market
9.2.5.3.1 Italy Electronic Pipettes Market by Product Type
9.2.5.3.2 Italy Electronic Pipettes Market by End User
9.2.5.4 Spain Electronic Pipettes Market
9.2.5.4.1 Spain Electronic Pipettes Market by Product Type
9.2.5.4.2 Spain Electronic Pipettes Market by End User
9.2.5.5 United Kingdom Electronic Pipettes Market
9.2.5.5.1 United Kingdom Electronic Pipettes Market by Product Type
9.2.5.5.2 United Kingdom Electronic Pipettes Market by End User
9.2.5.6 Rest of Europe Electronic Pipettes Market
9.2.5.6.1 Rest of Europe Electronic Pipettes Market by Product Type
9.2.5.6.2 Rest of Europe Electronic Pipettes Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Electronic Pipettes Market Overview
9.3.2 Asia-Pacific Electronic Pipettes Market Forecasts and Analysis
9.3.3 Asia-Pacific Electronic Pipettes Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Electronic Pipettes Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Electronic Pipettes Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Electronic Pipettes Market
9.3.5.1.1 Australia Electronic Pipettes Market by Product Type
9.3.5.1.2 Australia Electronic Pipettes Market by End User
9.3.5.2 China Electronic Pipettes Market
9.3.5.2.1 China Electronic Pipettes Market by Product Type
9.3.5.2.2 China Electronic Pipettes Market by End User
9.3.5.3 India Electronic Pipettes Market
9.3.5.3.1 India Electronic Pipettes Market by Product Type
9.3.5.3.2 India Electronic Pipettes Market by End User
9.3.5.4 Japan Electronic Pipettes Market
9.3.5.4.1 Japan Electronic Pipettes Market by Product Type
9.3.5.4.2 Japan Electronic Pipettes Market by End User
9.3.5.5 South Korea Electronic Pipettes Market
9.3.5.5.1 South Korea Electronic Pipettes Market by Product Type
9.3.5.5.2 South Korea Electronic Pipettes Market by End User
9.3.5.6 Rest of Asia-Pacific Electronic Pipettes Market
9.3.5.6.1 Rest of Asia-Pacific Electronic Pipettes Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Electronic Pipettes Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Electronic Pipettes Market Overview
9.4.2 Middle East and Africa Electronic Pipettes Market Forecasts and Analysis
9.4.3 Middle East and Africa Electronic Pipettes Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Electronic Pipettes Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Electronic Pipettes Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Electronic Pipettes Market
9.4.5.1.1 South Africa Electronic Pipettes Market by Product Type
9.4.5.1.2 South Africa Electronic Pipettes Market by End User
9.4.5.2 Saudi Arabia Electronic Pipettes Market
9.4.5.2.1 Saudi Arabia Electronic Pipettes Market by Product Type
9.4.5.2.2 Saudi Arabia Electronic Pipettes Market by End User
9.4.5.3 U.A.E Electronic Pipettes Market
9.4.5.3.1 U.A.E Electronic Pipettes Market by Product Type
9.4.5.3.2 U.A.E Electronic Pipettes Market by End User
9.4.5.4 Rest of Middle East and Africa Electronic Pipettes Market
9.4.5.4.1 Rest of Middle East and Africa Electronic Pipettes Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Electronic Pipettes Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Electronic Pipettes Market Overview
9.5.2 South and Central America Electronic Pipettes Market Forecasts and Analysis
9.5.3 South and Central America Electronic Pipettes Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Electronic Pipettes Market Forecasts and Analysis - By End User
9.5.5 South and Central America Electronic Pipettes Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Electronic Pipettes Market
9.5.5.1.1 Brazil Electronic Pipettes Market by Product Type
9.5.5.1.2 Brazil Electronic Pipettes Market by End User
9.5.5.2 Argentina Electronic Pipettes Market
9.5.5.2.1 Argentina Electronic Pipettes Market by Product Type
9.5.5.2.2 Argentina Electronic Pipettes Market by End User
9.5.5.3 Rest of South and Central America Electronic Pipettes Market
9.5.5.3.1 Rest of South and Central America Electronic Pipettes Market by Product Type
9.5.5.3.2 Rest of South and Central America Electronic Pipettes Market by End User
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL ELECTRONIC PIPETTES 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. ELECTRONIC PIPETTES MARKET, KEY COMPANY PROFILES
12.1. GILSON, INC.
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. SARTORIUS GROUP
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. THERMO FISHER SCIENTIFIC, 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. INTEGRA BIOSCIENCES AG
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. EPPENDORF AG
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. CORNING INCORPORATED
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. HAMILTON COMPANY
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. GREINER BIO-ONE INTERNATIONAL GMBH
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. ACCUMAX
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. OASIS SCIENTIFIC
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Gilson, Inc.
2. Sartorius Group
3. Thermo Fisher Scientific, Inc.
4. Integra Biosciences AG
5. Eppendorf AG
6. Corning Incorporated
7. Hamilton Company
8. Greiner Bio-One International GmbH
9. Accumax
10. Oasis Scientific
11. Brand Gmbh Co Kg
12. Nichiryo CO., LTD.
13. Accupet
14. Brandtech
15. Capp
16. Labnet
17. Oxford
18. Socorex
19. Vistalab
20. Heathrow Scientific
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.