Fluoroscopy And C-Arms Market Dynamics by 2031
The Fluoroscopy And C-Arms Market is expected to register a CAGR of 4.8% 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 (Mobile C-arms, Full-Size C-arms and Mini Size C-arms); Application(Image-guided biopsy, Angiography and Discography); End User(Hospitals, Diagnostic Centers and Specialty 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 ReportThe report Fluoroscopy And C-Arms 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.
Fluoroscopy And C-Arms Market Segmentation
Product- Mobile C-arms
- Full-Size C-arms and Mini Size C-arms
- Image-guided biopsy
- Angiography and Discography
- Hospitals
- Diagnostic Centers and Specialty Centers
Strategic Insights
Fluoroscopy And C-Arms Market Growth Drivers- Growing Demand for Minimally Invasive Procedures: Increasingly in recent years, patients have demanded less invasive surgical methods, which very often rely on fluoroscopic imaging for guidance. This trend alone is making mobile C-arms increasingly popular because real-time imaging during procedures can help improve patient outcomes as well as recovery times.
- Rising Prevalence of Chronic Diseases: More patients are suffering from chronic diseases, such as cardiovascular illnesses and orthopedic problems, requiring increased amounts of diagnostic and therapeutic techniques to be carried out using fluoroscopy. This is one of the factors driving the market forward.
- Increased Adoption in Various Medical Fields: C-arms are increasingly used throughout specialties such as orthopedics, pain management, and emergency medicine, thus increasing their use and promoting market growth.
- Shift Towards Mobile C-Arms: Flexibility and mobility play an essential role in the trend toward mobile C-arms, which are versatile devices for use in virtually any clinical environment. Surgical environments, for example, require real-time imaging, for which mobile C-arms are preferred.
- Technological Innovations: The fluoroscopy market also witnesses innovations in the application of FPDs. Detectors belonging to this category have advantages in that they exhibit higher image resolution compared with traditional image intensifiers and expose patients to X-rays much less. Fluoroscopy systems are changing, hence enhancing diagnostic abilities and the safety of the patient.
- Increased Focus on Minimally Invasive Procedures: Minimally invasive surgical techniques are increasingly being adopted by healthcare providers. This will drive demand for fluoroscopy and C-arms, as such imaging systems can guide procedures through necessary visualization that contributes to better patient outcomes and faster recovery. The trend is quite visible in specialties like orthopedics and cardiology.
- Emerging Markets: The infrastructural development of the healthcare system in developing nations, especially in the Asia-Pacific region and Latin America, provides a leeway for market growth. Due to the increase in investment in modern medical facilities in these regions, there is a higher need for advanced imaging systems, including C-arms and fluoroscopy. Organizations that manage to enter these markets are bound to enjoy increased sales as well as publicity.
- Integration with Other Imaging Modalities: C-arms are now increasingly used alongside imaging modalities such as CT scans and MRI. This enables the provision of a complete set of imaging services that improve both diagnosis and treatment. There is a space for those patients who want solutions for imaging systems where all units are controlled from a single console, and these companies can extend their reach to healthcare providers.
- Increased Focus on Regulatory Compliance: On the other hand, one of the effects of stricter healthcare regulation is the possibility for manufacturers to come up with more sophisticated systems that are compliant with the rules. Companies that focus on quality control and safety of their products will enhance their names in the market, and health providers will trust them, hence, more sales.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Fluoroscopy And C-Arms 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 Fluoroscopy And C-Arms 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.
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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
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to country scope.
Frequently Asked Questions
The market is expected to grow at a CAGR of 4.8%
Portable and Centralized Systems Demand is the major factors boosting the Fluoroscopy And C-Arms Marketgrowth
The North America region accounts for highest revenue share Fluoroscopy And C-Arms Market
The final report will duly include market size and projection estimates for all the segments from 2021 to 2031, along with a revenue share and compound annual growth rate (%) for the regional
/
country-wise market wherein 2021-2022 are the historic years, 2023 is considered to be the base year, and the forecast will be provided till 2031, along with CAGR (%)
Asia Pacific is estimated to grow at the highest CAGR over the forecast year (2023 - 2031)
Ziehm Imaging GmbH, GE Healthcare, Siemens Healthcare, Hitachi Ltd, Philips Healthcare, Hologic Inc are the major companies operating in the Fluoroscopy And C-Arms Market
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Fluoroscopy and C-arms Market - By Product
1.3.2 Fluoroscopy and C-arms Market - By Application
1.3.3 Fluoroscopy and C-arms Market - By End User
1.3.4 Fluoroscopy and C-arms Market - By Region
1.3.4.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. FLUOROSCOPY AND C-ARMS 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. FLUOROSCOPY AND C-ARMS 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. FLUOROSCOPY AND C-ARMS MARKET - GLOBAL MARKET ANALYSIS
6.1. FLUOROSCOPY AND C-ARMS - GLOBAL MARKET OVERVIEW
6.2. FLUOROSCOPY AND C-ARMS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. FLUOROSCOPY AND C-ARMS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. MOBILE C-ARMS
7.3.1. Overview
7.3.2. Mobile C-arms Market Forecast and Analysis
7.4. FULL-SIZE C-ARMS
7.4.1. Overview
7.4.2. Full-Size C-arms Market Forecast and Analysis
7.5. MINI SIZE C-ARMS
7.5.1. Overview
7.5.2. Mini Size C-arms Market Forecast and Analysis
8. FLUOROSCOPY AND C-ARMS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. IMAGE-GUIDED BIOPSY
8.3.1. Overview
8.3.2. Image-guided biopsy Market Forecast and Analysis
8.4. ANGIOGRAPHY
8.4.1. Overview
8.4.2. Angiography Market Forecast and Analysis
8.5. DISCOGRAPHY
8.5.1. Overview
8.5.2. Discography Market Forecast and Analysis
9. FLUOROSCOPY AND C-ARMS 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. DIAGNOSTIC CENTERS
9.4.1. Overview
9.4.2. Diagnostic Centers Market Forecast and Analysis
9.5. SPECIALTY CENTERS
9.5.1. Overview
9.5.2. Specialty Centers Market Forecast and Analysis
10. FLUOROSCOPY AND C-ARMS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Fluoroscopy And C-arms Market Overview
10.1.2 North America Fluoroscopy And C-arms Market Forecasts and Analysis
10.1.3 North America Fluoroscopy And C-arms Market Forecasts and Analysis - By Product
10.1.4 North America Fluoroscopy And C-arms Market Forecasts and Analysis - By Application
10.1.5 North America Fluoroscopy And C-arms Market Forecasts and Analysis - By End User
10.1.6 North America Fluoroscopy And C-arms Market Forecasts and Analysis - By Countries
10.1.6.1 United States Fluoroscopy And C-arms Market
10.1.6.1.1 United States Fluoroscopy And C-arms Market by Product
10.1.6.1.2 United States Fluoroscopy And C-arms Market by Application
10.1.6.1.3 United States Fluoroscopy And C-arms Market by End User
10.1.6.2 Canada Fluoroscopy And C-arms Market
10.1.6.2.1 Canada Fluoroscopy And C-arms Market by Product
10.1.6.2.2 Canada Fluoroscopy And C-arms Market by Application
10.1.6.2.3 Canada Fluoroscopy And C-arms Market by End User
10.1.6.3 Mexico Fluoroscopy And C-arms Market
10.1.6.3.1 Mexico Fluoroscopy And C-arms Market by Product
10.1.6.3.2 Mexico Fluoroscopy And C-arms Market by Application
10.1.6.3.3 Mexico Fluoroscopy And C-arms Market by End User
10.1.6.4 US Fluoroscopy And C-arms Market
10.1.6.4.1 US Fluoroscopy And C-arms Market by Product
10.1.6.4.2 US Fluoroscopy And C-arms Market by Application
10.1.6.4.3 US Fluoroscopy And C-arms Market by End User
10.2. EUROPE
10.2.1 Europe Fluoroscopy And C-arms Market Overview
10.2.2 Europe Fluoroscopy And C-arms Market Forecasts and Analysis
10.2.3 Europe Fluoroscopy And C-arms Market Forecasts and Analysis - By Product
10.2.4 Europe Fluoroscopy And C-arms Market Forecasts and Analysis - By Application
10.2.5 Europe Fluoroscopy And C-arms Market Forecasts and Analysis - By End User
10.2.6 Europe Fluoroscopy And C-arms Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Fluoroscopy And C-arms Market
10.2.6.1.1 Germany Fluoroscopy And C-arms Market by Product
10.2.6.1.2 Germany Fluoroscopy And C-arms Market by Application
10.2.6.1.3 Germany Fluoroscopy And C-arms Market by End User
10.2.6.2 France Fluoroscopy And C-arms Market
10.2.6.2.1 France Fluoroscopy And C-arms Market by Product
10.2.6.2.2 France Fluoroscopy And C-arms Market by Application
10.2.6.2.3 France Fluoroscopy And C-arms Market by End User
10.2.6.3 Italy Fluoroscopy And C-arms Market
10.2.6.3.1 Italy Fluoroscopy And C-arms Market by Product
10.2.6.3.2 Italy Fluoroscopy And C-arms Market by Application
10.2.6.3.3 Italy Fluoroscopy And C-arms Market by End User
10.2.6.4 Spain Fluoroscopy And C-arms Market
10.2.6.4.1 Spain Fluoroscopy And C-arms Market by Product
10.2.6.4.2 Spain Fluoroscopy And C-arms Market by Application
10.2.6.4.3 Spain Fluoroscopy And C-arms Market by End User
10.2.6.5 United Kingdom Fluoroscopy And C-arms Market
10.2.6.5.1 United Kingdom Fluoroscopy And C-arms Market by Product
10.2.6.5.2 United Kingdom Fluoroscopy And C-arms Market by Application
10.2.6.5.3 United Kingdom Fluoroscopy And C-arms Market by End User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Fluoroscopy And C-arms Market Overview
10.3.2 Asia-Pacific Fluoroscopy And C-arms Market Forecasts and Analysis
10.3.3 Asia-Pacific Fluoroscopy And C-arms Market Forecasts and Analysis - By Product
10.3.4 Asia-Pacific Fluoroscopy And C-arms Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Fluoroscopy And C-arms Market Forecasts and Analysis - By End User
10.3.6 Asia-Pacific Fluoroscopy And C-arms Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Fluoroscopy And C-arms Market
10.3.6.1.1 Australia Fluoroscopy And C-arms Market by Product
10.3.6.1.2 Australia Fluoroscopy And C-arms Market by Application
10.3.6.1.3 Australia Fluoroscopy And C-arms Market by End User
10.3.6.2 China Fluoroscopy And C-arms Market
10.3.6.2.1 China Fluoroscopy And C-arms Market by Product
10.3.6.2.2 China Fluoroscopy And C-arms Market by Application
10.3.6.2.3 China Fluoroscopy And C-arms Market by End User
10.3.6.3 India Fluoroscopy And C-arms Market
10.3.6.3.1 India Fluoroscopy And C-arms Market by Product
10.3.6.3.2 India Fluoroscopy And C-arms Market by Application
10.3.6.3.3 India Fluoroscopy And C-arms Market by End User
10.3.6.4 South Korea Fluoroscopy And C-arms Market
10.3.6.4.1 South Korea Fluoroscopy And C-arms Market by Product
10.3.6.4.2 South Korea Fluoroscopy And C-arms Market by Application
10.3.6.4.3 South Korea Fluoroscopy And C-arms Market by End User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Fluoroscopy And C-arms Market Overview
10.4.2 Middle East and Africa Fluoroscopy And C-arms Market Forecasts and Analysis
10.4.3 Middle East and Africa Fluoroscopy And C-arms Market Forecasts and Analysis - By Product
10.4.4 Middle East and Africa Fluoroscopy And C-arms Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Fluoroscopy And C-arms Market Forecasts and Analysis - By End User
10.4.6 Middle East and Africa Fluoroscopy And C-arms Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Fluoroscopy And C-arms Market
10.4.6.1.1 South Africa Fluoroscopy And C-arms Market by Product
10.4.6.1.2 South Africa Fluoroscopy And C-arms Market by Application
10.4.6.1.3 South Africa Fluoroscopy And C-arms Market by End User
10.4.6.2 Saudi Arabia Fluoroscopy And C-arms Market
10.4.6.2.1 Saudi Arabia Fluoroscopy And C-arms Market by Product
10.4.6.2.2 Saudi Arabia Fluoroscopy And C-arms Market by Application
10.4.6.2.3 Saudi Arabia Fluoroscopy And C-arms Market by End User
10.4.6.3 U.A.E Fluoroscopy And C-arms Market
10.4.6.3.1 U.A.E Fluoroscopy And C-arms Market by Product
10.4.6.3.2 U.A.E Fluoroscopy And C-arms Market by Application
10.4.6.3.3 U.A.E Fluoroscopy And C-arms Market by End User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Fluoroscopy And C-arms Market Overview
10.5.2 South and Central America Fluoroscopy And C-arms Market Forecasts and Analysis
10.5.3 South and Central America Fluoroscopy And C-arms Market Forecasts and Analysis - By Product
10.5.4 South and Central America Fluoroscopy And C-arms Market Forecasts and Analysis - By Application
10.5.5 South and Central America Fluoroscopy And C-arms Market Forecasts and Analysis - By End User
10.5.6 South and Central America Fluoroscopy And C-arms Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Fluoroscopy And C-arms Market
10.5.6.1.1 Brazil Fluoroscopy And C-arms Market by Product
10.5.6.1.2 Brazil Fluoroscopy And C-arms Market by Application
10.5.6.1.3 Brazil Fluoroscopy And C-arms Market by End User
10.5.6.2 Argentina Fluoroscopy And C-arms Market
10.5.6.2.1 Argentina Fluoroscopy And C-arms Market by Product
10.5.6.2.2 Argentina Fluoroscopy And C-arms Market by Application
10.5.6.2.3 Argentina Fluoroscopy And C-arms 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. FLUOROSCOPY AND C-ARMS MARKET, KEY COMPANY PROFILES
12.1. ZIEHM IMAGING GMBH
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. GE HEALTHCARE
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. SIEMENS HEALTHCARE
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. HITACHI, LTD
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. PHILIPS HEALTHCARE
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. HOLOGIC, INC
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. TOSHIBA CORPORATION
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. ORTHOSCAN, 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. KONINKLIJKE PHILIPS N.V
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. SHIMADZU CORPORATION
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. Ziehm Imaging GmbH
2. GE Healthcare
3. Siemens Healthcare
4. Hitachi, Ltd
5. Philips Healthcare
6. Hologic, Inc
7. Toshiba Corporation
8. OrthoScan, Inc.
9. Koninklijke Philips N.V
10. Shimadzu Corporation
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.