Gastric Bands Market Analysis, Size, Share, Trends, and Forecast by 2031

Coverage: Gastric Bands Market covers analysis By Type (Adjustable Gastric Bands and Non-Adjustable Gastric Bands); End User (Hospitals , Ambulatory Surgical Centers, and Others) and Geography , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPHE100001397
  • Category : Life Sciences
  • No. of Pages : 150
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Gastric Bands Market Growth Report 2021 to 2031

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The Gastric Bands Market is expected to register a CAGR of 4.2% 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 Gastric Bands Market By Type (Adjustable Gastric Bands and Non-Adjustable Gastric Bands); End User (Hospitals , Ambulatory Surgical Centers, and Others), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America). 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 Gastric Bands 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.

Gastric Bands Market Segmentation

Type
  • Adjustable Gastric Bands and Non-Adjustable Gastric Bands
End User
  • Hospitals
  • Ambulatory Surgical Centers

Strategic Insights

Gastric Bands Market Growth Drivers
  • Rising Incidence of Surgeries: The number of LAGB operations has declined sharply since 2009, when it peaked. LAGB was a relatively uncommon weight loss surgery option in the United States in 2017-just 3% of all bariatric procedures carried out there were LAGBs, a sharp decline from prior years. Long-term issues like weight increase, band slippage, and other negative impacts are to blame for this decrease.
  • Rising demand of Sleeve Gastrectomy: The number of bariatric procedures with sleeve gastrectomy (SG) has increased dramatically, rising from 19.8% in 2011 to 74.3% in 2017. On the other hand, there were decreases in gastric bypass and adjustable gastric banding, which went from 40.8% to 22.3% and 39.4% to 3.5%, respectively. This pattern is indicative of a larger shift in patient preferences toward operations that provide longer-lasting weight loss results that are more reliable.
  • Advancement in Surgical techniques: Improvements in patient education and surgical technique seem to be reviving interest in gastric bands as a treatment option for some patients. This would, however, probably rely on how the long-term efficacy and safety issues related to AGB are resolved.
Gastric Bands Market Future Trends
  • Design Improvements: Current adjustable gastric bands have an inflatable balloon attached to a soft silicone ring. Examples of these bands are the Lap-Band and Realize Band. This design enables healthcare providers to monitor the restriction level based on specific patient demands by allowing real-time adjustments to the band's tightness through a port positioned under the skin.
  • Minimal Invasive Technique: Gastric banding has been transformed by laparoscopic procedures, which enable doctors to insert bands through tiny incisions, resulting in shorter recovery times and fewer complications than with open surgery. Such a factor has aided the overall market growth in recent past and is expected to continue a similar trend during the forecast period.
  • Pars Flaccida Technique: By minimizing dissection close to the stomach, this novel approach lowers the possibility of problems such band slippage and pouch dilatation. It places the band higher on the stomach, which has been demonstrated to enhance results and lower the need for repeat procedures.
Gastric Bands Market Opportunities
  • Banded Procedures: The banded sleeve gastrectomy and banded gastric bypass are examples of recent advancements. Compared to traditional approaches, these operations may result in improved long-term weight control since they use a band to prevent pouch dilation. The band functions as a restricting device while keeping normal gastrointestinal function, therefore promoting satiety without major rerouting of the intestines
  • Patient Education: Improvements in teaching materials have helped patients better comprehend the operation of gastric bands, which is essential for getting the best results. Patients are being assisted in managing their expectations and adherence following surgery through the implementation of enhanced pre-operative counseling and support systems.
  • Remote Monitoring: The progress of weight loss and eating habits of patients may be remotely monitored thanks to emerging technologies. This can enhance patient adherence to post-operative instructions and facilitate prompt gastric band adjustments.Such a factor has assisted the overall market growth in the recent past and is anticipated to continue a similar trend during the forecast period.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Gastric Bands 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 Gastric Bands 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
World Geography

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Report Coverage
Report Coverage

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

Segment Covered
Segment Covered

This text is related
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


Which region held the largest share in 2023?

North America held the largest share in 2023 and is expected to retain its dominance during the forecast period

Which end user segment accounted the largest share in 2023?

Hospitals segment accounted for the largest share in 2023 and is expected to retain its dominance during the forecast period

Which country held the second largest share in Europe in 2023?

In Europe, the UK held the second largest share in 2023.

What is the expected CAGR of the Gastric Bands Market ?

The Gastric Bands Market is estimated to witness a CAGR of 4.2% from 2023 to 2031

1. INTRODUCTION
1.1. SCOPE OF STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
2. KEY TAKEAWAYS
3. GASTRIC BANDS MARKET LANDSCAPE
3.1. MARKET OVERVIEW
3.2. MARKET SEGMENTATION
3.2.1. Gastric Bands Market - By Type
3.2.2. Gastric Bands Market - By End User
3.2.3. Gastric Bands Market - By Region
3.2.3.1. By Country
3.3. PEST ANALYSIS
3.3.1. North America - PEST Analysis
3.3.2. Europe - PEST Analysis
3.3.3. Asia Pacific - PEST Analysis
3.3.4. Middle East and Africa - PEST Analysis
3.3.5. South and Central America- PEST Analysis
4. GASTRIC BANDS MARKET - KEY INDUSTRY DYNAMICS
4.1. KEY MARKET DRIVERS
4.2. KEY MARKET RESTRAINTS
4.3. KEY MARKET OPPORTUNITIES
4.4. FUTURE TRENDS
4.5. IMPACT ANALYSIS
5. GASTRIC BANDS MARKET - GLOBAL ANALYSIS
5.1. GLOBAL GASTRIC BANDS MARKET OVERVIEW
5.2. GLOBAL GASTRIC BANDS MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
5.3. MARKET POSITIONING/MARKET SHARE
5.4. PERFORMANCE OF KEY PLAYERS
5.5. EXPERT OPINIONS
6. GASTRIC BANDS MARKET- GLOBAL REGULATORY SCENARIO
6.1. OVERVIEW
6.2. NORTH AMERICA
6.3. EUROPE
6.4. ASIA PACIFIC
6.5. MIDDLE EAST & AFRICA
6.6. SOUTH AND CENTRAL AMERICA
7. GASTRIC BANDS MARKET REVENUE AND FORECASTS TO 2028 - BY TYPE
7.1. OVERVIEW
7.2. TYPE MARKET REVENUE AND FORECASTS ANALYSIS (US$ MN)
7.3. ADJUSTABLE GASTRIC BANDS MARKET
7.3.1. Overview
7.3.2. Adjustable Gastric Bands Market Revenue Forecasts and Analysis (US$ Mn)
7.4. NON-ADJUSTABLE GASTRIC BANDS MARKET
7.4.1. Overview
7.4.2. Non-Adjustable Gastric Bands Market Revenue Forecasts and Analysis (US$ Mn)
8. GASTRIC BANDS MARKET REVENUE AND FORECASTS TO 2028 - BY END USER
8.1. OVERVIEW
8.2. END USER MARKET REVENUE AND FORECASTS ANALYSIS (US$ MN)
8.3. HOSPITALS MARKET
8.3.1. Overview
8.3.2. Hospitals Market Revenue Forecasts and Analysis (US$ Mn)
8.4. AMBULATORY SURGICAL CENTERSMARKET
8.4.1. Overview
8.4.2. Ambulatory Surgical Centers Market Revenue Forecasts and Analysis (US$ Mn)
8.5. OTHERS MARKET
8.5.1. Overview
8.5.2. Others Market Revenue Forecasts and Analysis (US$ Mn)

9. NORTH AMERICA GASTRIC BANDS MARKET REVENUE AND FORECASTS TO 2028 - COUNTRY ANALYSIS
9.1. NORTH AMERICA GASTRIC BANDS MARKET OVERVIEW
9.2. NORTH AMERICA GASTRIC BANDS MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
9.3. NORTH AMERICA GASTRIC BANDS MARKET REVENUE AND FORECASTS ANALYSIS - BY TYPE (US$ MN)
9.4. NORTH AMERICA GASTRIC BANDS MARKET REVENUE AND FORECASTS ANALYSIS - BY END USER (US$ MN)
9.5. NORTH AMERICA GASTRIC BANDS MARKET REVENUE AND FORECASTS ANALYSIS - BY COUNTRY
9.6. US MARKET OVERVIEW
9.6.1. US Gastric Bands Market Revenue Forecasts and Analysis - By Type (US$ Mn)
9.6.2. US Gastric Bands Market Revenue and Forecasts Analysis - By End User (US$ Mn)
9.7. CANADA MARKET OVERVIEW
9.7.1. Canada Gastric Bands Market Revenue Forecasts and Analysis - By Type (US$ Mn)
9.7.2. Canada Gastric Bands Market Revenue and Forecasts Analysis - By End User (US$ Mn)
9.8. MEXICO MARKET OVERVIEW
9.8.1. Mexico Gastric Bands Market Revenue Forecasts and Analysis - By Type (US$ Mn)
9.8.2. Mexico Gastric Bands Market Revenue Forecasts and Analysis - By End User (US$ Mn)
10. EUROPE GASTRIC BANDS MARKET REVENUE AND FORECASTS TO 2028 - COUNTRY ANALYSIS
10.1. EUROPE GASTRIC BANDS MARKET OVERVIEW
10.2. EUROPE GASTRIC BANDS MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
10.3. EUROPE GASTRIC BANDS MARKET REVENUE AND FORECASTS ANALYSIS - BY TYPE (US$ MN)
10.4. EUROPE GASTRIC BANDS MARKET REVENUE AND FORECASTS ANALYSIS - BY END USER (US$ MN)
10.5. EUROPE GASTRIC BANDS MARKET REVENUE AND FORECASTS ANALYSIS - BY COUNTRY
10.6. UK MARKET OVERVIEW
10.6.1. UK Gastric Bands Market Revenue Forecasts and Analysis - By Type (US$ Mn)
10.6.2. UK Gastric Bands Market Revenue Forecasts and Analysis - By End User (US$ Mn)

10.7. GERMANY MARKET OVERVIEW
10.7.1. Germany Gastric Bands Market Revenue Forecasts and Analysis - By Type (US$ Mn)
10.7.2. Germany Gastric Bands Market Revenue Forecasts and Analysis - By End User (US$ Mn)
10.8. FRANCE MARKET OVERVIEW
10.8.1. France Gastric Bands Market Revenue Forecasts and Analysis - By Type (US$ Mn)
10.8.2. France Gastric Bands Market Revenue Forecasts and Analysis - By End User (US$ Mn)
11. ASIA PACIFIC GASTRIC BANDS MARKET REVENUE AND FORECASTS TO 2028 - COUNTRY ANALYSIS
11.1. ASIA PACIFIC GASTRIC BANDS MARKET OVERVIEW
11.2. ASIA PACIFIC GASTRIC BANDS MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
11.3. ASIA PACIFIC GASTRIC BANDS MARKET REVENUE AND FORECASTS ANALYSIS - BY TYPE (US$ MN)
11.4. ASIA PACIFIC GASTRIC BANDS MARKET REVENUE AND FORECASTS ANALYSIS - BY END USER (US$ MN)
11.5. ASIA PACIFIC GASTRIC BANDS MARKET REVENUE AND FORECASTS ANALYSIS - BY COUNTRY
11.6. JAPAN MARKET OVERVIEW
11.6.1. Japan Gastric Bands Market Revenue Forecasts and Analysis - By Type (US$ Mn)
11.6.2. Japan Gastric Bands Market Revenue Forecasts and Analysis - By End User (US$ Mn)
11.7. CHINA MARKET OVERVIEW
11.7.1. China Gastric Bands Market Revenue Forecasts and Analysis - By Type (US$ Mn)
11.7.2. China Gastric Bands Market Revenue Forecasts and Analysis - By End User (US$ Mn)
11.8. INDIA MARKET OVERVIEW
11.8.1. India Gastric Bands Market Revenue Forecasts and Analysis - By Type (US$ Mn)
11.8.2. India Gastric Bands Market Revenue Forecasts and Analysis - By End User (US$ Mn)
12. MIDDLE EAST AND AFRICA (MEA) GASTRIC BANDS MARKET REVENUE AND FORECASTS TO 2028 - COUNTRY ANALYSIS
12.1. MIDDLE EAST AND AFRICA GASTRIC BANDS MARKET OVERVIEW
12.2. MIDDLE EAST AND AFRICA GASTRIC BANDS MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
12.3. MIDDLE EAST AND AFRICA GASTRIC BANDS MARKET REVENUE AND FORECASTS ANALYSIS - BY TYPE (US$ MN)
12.4. MIDDLE EAST AND AFRICA GASTRIC BANDS MARKET REVENUE AND FORECASTS ANALYSIS - BY END USER (US$ MN)
12.5. MIDDLE EAST AND AFRICA GASTRIC BANDS MARKET REVENUE AND FORECASTS ANALYSIS - BY COUNTRY
12.6. SOUTH AFRICA MARKET OVERVIEW
12.6.1. South Africa Gastric Bands Market Revenue Forecasts and Analysis - By Type (US$ Mn)
12.6.2. South Africa Gastric Bands Market Revenue Forecasts and Analysis - By End User (US$ Mn)
12.7. SAUDI ARABIA MARKET OVERVIEW
12.7.1. Saudi Arabia Gastric Bands Market Revenue Forecasts and Analysis - By Type (US$ Mn)
12.7.2. Saudi Arabia Gastric Bands Market Revenue Forecasts and Analysis - By End User (US$ Mn)
12.8. UAE MARKET OVERVIEW
12.8.1. UAE Gastric Bands Market Revenue Forecasts and Analysis - By Type (US$ Mn)
12.8.2. UAE Gastric Bands Market Revenue Forecasts and Analysis - By End User (US$ Mn)
13. SOUTH AND CENTRAL AMERICA GASTRIC BANDS MARKET REVENUE AND FORECASTS TO 2028 - COUNTRY ANALYSIS
13.1. SOUTH AND CENTRAL AMERICA GASTRIC BANDS MARKET OVERVIEW
13.2. SOUTH AND CENTRAL AMERICA GASTRIC BANDS MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
13.3. SOUTH AND CENTRAL AMERICA GASTRIC BANDS MARKET REVENUE AND FORECASTS ANALYSIS - BY TYPE (US$ MN)
13.4. SOUTH AND CENTRAL AMERICA GASTRIC BANDS MARKET REVENUE AND FORECASTS ANALYSIS - BY END USER (US$ MN)
13.5. SOUTH AND CENTRAL AMERICA GASTRIC BANDS MARKET REVENUE AND FORECASTS ANALYSIS - BY COUNTRY
13.6. BRAZIL MARKET OVERVIEW
13.6.1. Brazil Gastric Bands Market Revenue Forecasts and Analysis - By Type (US$ Mn)
13.6.2. Brazil Gastric Bands Market Revenue Forecasts and Analysis - By End User (US$ Mn)
14. INDUSTRY LANDSCAPE
14.1. ORGANIC GROWTH STRATEGIES
14.1.1. New Product Launches
14.1.2. Marketing & Promotional Activities

14.2. INORGANIC GROWTH STRATEGIES
14.2.1. Partnerships, Collaborations, and Joint Ventures
14.2.2. Mergers & Acquisitions
15. GASTRIC BANDS MARKET, KEY COMPANY PROFILES
15.1. COUSIN BIOTECH
15.1.1. Key Facts
15.1.2. Business Description
15.1.3. Financial Overview
15.1.4. Product Portfolio
15.1.5. Product Pipeline
15.1.6. SWOT Analysis
15.1.7. Key Developments
15.2. HELIOSCOPIE
15.2.1. Key Facts
15.2.2. Business Description
15.2.3. Financial Overview
15.2.4. Product Portfolio
15.2.5. Product Pipeline
15.2.6. SWOT Analysis
15.2.7. Key Developments
15.3. ETHICON USA, LLC
15.3.1. Key Facts
15.3.2. Business Description
15.3.3. Financial Overview
15.3.4. Product Portfolio
15.3.5. Product Pipeline
15.3.6. SWOT Analysis
15.3.7. Key Developments
15.4. APOLLO ENDOSURGERY, INC.
15.4.1. Key Facts
15.4.2. Business Description
15.4.3. Financial Overview
15.4.4. Product Portfolio
15.4.5. Product Pipeline
15.4.6. SWOT Analysis
15.4.7. Key Developments
15.5. MEDTRONIC
15.5.1. Key Facts
15.5.2. Business Description
15.5.3. Financial Overview
15.5.4. Product Portfolio
15.5.5. Product Pipeline
15.5.6. SWOT Analysis
15.5.7. Key Developments
15.6. TRANSENTERIX SURGICAL, INC
15.6.1. Business Description
15.6.2. Financial Overview
15.6.3. Product Portfolio
15.6.4. Product Pipeline
15.6.5. SWOT Analysis
15.6.6. Key Developments
15.7. A.M.I. GMBH
15.7.1. Key Facts
15.7.2. Business Description
15.7.3. Financial Overview
15.7.4. Product Portfolio
15.7.5. Product Pipeline
15.7.6. SWOT Analysis
15.7.7. Key Developments

15.8. BARIATRIC PARTNERS, INC.
15.8.1. Key Facts
15.8.2. Business Description
15.8.3. Financial Overview
15.8.4. Product Portfolio
15.8.5. Product Pipeline
15.8.6. SWOT Analysis
15.8.7. Key Developments
15.9. MURFREESBORO SURGICAL SPECIALISTS, PLLC
15.9.1. Key Facts
15.9.2. Business Description
15.9.3. Financial Overview
15.9.4. Product Portfolio
15.9.5. Product Pipeline
15.9.6. SWOT Analysis
15.9.7. Key Developments
15.10. OBTECH MEDICAL AG
15.10.1. Key Facts
15.10.2. Business Description
15.10.3. Financial Overview
15.10.4. Product Portfolio
15.10.5. Product Pipeline
15.10.6. SWOT Analysis
15.10.7. Key Developments
16. APPENDIX
16.1. ABOUT THE INSIGHT PARTNERS
16.2. GLOSSARY OF TERMS
16.3. RESEARCH METHODOLOGY
The List of Companies

1. Cousin Biotech
2. Helioscopie
3. Ethicon USA, LLC
4. Apollo Endosurgery Inc.
5. Medtronic
6. TransEnterix Surgical, Inc
7. A.M.I. GmbH
8. Bariatric Partners, Inc.
9. Murfreesboro Surgical Specialists, PLLC
10. Obtech Medical AG

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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

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