Hormonal Contraceptive Market Dynamics 2021-2031
Hormonal Contraceptive are one of the birth control methods that act on the endocrine system of the female to prevent ovulation and avoid fertilization. These also change the uterus, making it unlikely to develop pregnancy.
MARKET DYNAMICS
The Hormonal Contraceptive market is anticipated to grow in the forecast, owing to the factors such as urbanization, increasing family planning, increasing user awareness, rise in menstruating population, and encouragement of government to use contraceptives.
MARKET SCOPE
The "Global Hormonal Contraceptive Market Analysis to 2031" is a specialized and in-depth study of the pharmaceutical industry with a special focus on the global market trend analysis. The report aims to provide an overview of Hormonal Contraceptive market with detailed market segmentation by Drugs and geography. The global Hormonal Contraceptive market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Hormonal Contraceptive market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Hormonal Contraceptive market is segmented on the basis of Method, Hormones and End User. Based on Method the market is segmented into Combined Oral Contraceptives, Oral Contraceptives, Implanted Contraceptives, Injected Contraceptives, Intrauterine, Transdermal Patch, and Vaginal Ring. Based on Hormones the market is segmented into Androgens, Estrogens, Progestogens, Gonadotropins, Antiandrogens, Others. Based on End User the market is segmented into Hospitals, Homecare, Gynecology Centers, Clinics, and Ambulatory Surgical Centers.
REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Hormonal Contraceptive market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Hormonal Contraceptive market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Hormonal Contraceptive market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Hormonal Contraceptive market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Hormonal Contraceptive market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Hormonal Contraceptive market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Hormonal Contraceptive market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Hormonal Contraceptive market in these regions.
MARKET PLAYERSThe reports cover key developments in the Hormonal Contraceptive market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Hormonal Contraceptive market are anticipated to lucrative growth opportunities in the future with the rising demand for Hormonal Contraceptive market in the global market. Below mentioned is the list of few companies engaged in the Hormonal Contraceptive market.
The report also includes the profiles of Hormonal Contraceptive market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Amgen
- Bayer Healthcare Pharmaceuticals
- Cipla Limited
- Glenmark Pharmaceuticals
- Lupin Pharmaceuticals, Inc
- Novartis AG
- Pfizer, Inc
- Piramal Healthcare Limited
- Sun Pharmaceutical Industries Ltd
- Teva Pharmaceutical Industries
- 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.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Hormonal Contraceptive Market - By Method
1.3.2 Hormonal Contraceptive Market - By Hormones
1.3.3 Hormonal Contraceptive Market - By End User
1.3.4 Hormonal Contraceptive Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. HORMONAL CONTRACEPTIVE 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. HORMONAL CONTRACEPTIVE 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. HORMONAL CONTRACEPTIVE MARKET - GLOBAL MARKET ANALYSIS
6.1. HORMONAL CONTRACEPTIVE - GLOBAL MARKET OVERVIEW
6.2. HORMONAL CONTRACEPTIVE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. HORMONAL CONTRACEPTIVE MARKET - REVENUE AND FORECASTS TO 2028 - METHOD
7.1. OVERVIEW
7.2. METHOD MARKET FORECASTS AND ANALYSIS
7.3. COMBINED ORAL CONTRACEPTIVES
7.3.1. Overview
7.3.2. Combined Oral Contraceptives Market Forecast and Analysis
7.4. ORAL CONTRACEPTIVES
7.4.1. Overview
7.4.2. Oral Contraceptives Market Forecast and Analysis
7.5. IMPLANTED CONTRACEPTIVES
7.5.1. Overview
7.5.2. Implanted Contraceptives Market Forecast and Analysis
7.6. INJECTED CONTRACEPTIVES
7.6.1. Overview
7.6.2. Injected Contraceptives Market Forecast and Analysis
7.7. INTRAUTERINE
7.7.1. Overview
7.7.2. Intrauterine Market Forecast and Analysis
7.8. TRANSDERMAL PATCH
7.8.1. Overview
7.8.2. Transdermal Patch Market Forecast and Analysis
7.9. VAGINAL RING
7.9.1. Overview
7.9.2. Vaginal Ring Market Forecast and Analysis
8. HORMONAL CONTRACEPTIVE MARKET - REVENUE AND FORECASTS TO 2028 - HORMONES
8.1. OVERVIEW
8.2. HORMONES MARKET FORECASTS AND ANALYSIS
8.3. ANDROGENS
8.3.1. Overview
8.3.2. Androgens Market Forecast and Analysis
8.4. ESTROGENS
8.4.1. Overview
8.4.2. Estrogens Market Forecast and Analysis
8.5. PROGESTOGENS
8.5.1. Overview
8.5.2. Progestogens Market Forecast and Analysis
8.6. GONADOTROPINS
8.6.1. Overview
8.6.2. Gonadotropins Market Forecast and Analysis
8.7. ANTIANDROGENS
8.7.1. Overview
8.7.2. Antiandrogens Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. HORMONAL CONTRACEPTIVE 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. HOMECARE
9.4.1. Overview
9.4.2. Homecare Market Forecast and Analysis
9.5. GYNECOLOGY CENTERS
9.5.1. Overview
9.5.2. Gynecology Centers Market Forecast and Analysis
9.6. CLINICS
9.6.1. Overview
9.6.2. Clinics Market Forecast and Analysis
9.7. AMBULATORY SURGICAL CENTERS
9.7.1. Overview
9.7.2. Ambulatory Surgical Centers Market Forecast and Analysis
10. HORMONAL CONTRACEPTIVE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Hormonal Contraceptive Market Overview
10.1.2 North America Hormonal Contraceptive Market Forecasts and Analysis
10.1.3 North America Hormonal Contraceptive Market Forecasts and Analysis - By Method
10.1.4 North America Hormonal Contraceptive Market Forecasts and Analysis - By Hormones
10.1.5 North America Hormonal Contraceptive Market Forecasts and Analysis - By End User
10.1.6 North America Hormonal Contraceptive Market Forecasts and Analysis - By Countries
10.1.6.1 United States Hormonal Contraceptive Market
10.1.6.1.1 United States Hormonal Contraceptive Market by Method
10.1.6.1.2 United States Hormonal Contraceptive Market by Hormones
10.1.6.1.3 United States Hormonal Contraceptive Market by End User
10.1.6.2 Canada Hormonal Contraceptive Market
10.1.6.2.1 Canada Hormonal Contraceptive Market by Method
10.1.6.2.2 Canada Hormonal Contraceptive Market by Hormones
10.1.6.2.3 Canada Hormonal Contraceptive Market by End User
10.1.6.3 Mexico Hormonal Contraceptive Market
10.1.6.3.1 Mexico Hormonal Contraceptive Market by Method
10.1.6.3.2 Mexico Hormonal Contraceptive Market by Hormones
10.1.6.3.3 Mexico Hormonal Contraceptive Market by End User
10.1.6.4 US Hormonal Contraceptive Market
10.1.6.4.1 US Hormonal Contraceptive Market by Method
10.1.6.4.2 US Hormonal Contraceptive Market by Hormones
10.1.6.4.3 US Hormonal Contraceptive Market by End User
10.2. EUROPE
10.2.1 Europe Hormonal Contraceptive Market Overview
10.2.2 Europe Hormonal Contraceptive Market Forecasts and Analysis
10.2.3 Europe Hormonal Contraceptive Market Forecasts and Analysis - By Method
10.2.4 Europe Hormonal Contraceptive Market Forecasts and Analysis - By Hormones
10.2.5 Europe Hormonal Contraceptive Market Forecasts and Analysis - By End User
10.2.6 Europe Hormonal Contraceptive Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Hormonal Contraceptive Market
10.2.6.1.1 Germany Hormonal Contraceptive Market by Method
10.2.6.1.2 Germany Hormonal Contraceptive Market by Hormones
10.2.6.1.3 Germany Hormonal Contraceptive Market by End User
10.2.6.2 France Hormonal Contraceptive Market
10.2.6.2.1 France Hormonal Contraceptive Market by Method
10.2.6.2.2 France Hormonal Contraceptive Market by Hormones
10.2.6.2.3 France Hormonal Contraceptive Market by End User
10.2.6.3 Italy Hormonal Contraceptive Market
10.2.6.3.1 Italy Hormonal Contraceptive Market by Method
10.2.6.3.2 Italy Hormonal Contraceptive Market by Hormones
10.2.6.3.3 Italy Hormonal Contraceptive Market by End User
10.2.6.4 Spain Hormonal Contraceptive Market
10.2.6.4.1 Spain Hormonal Contraceptive Market by Method
10.2.6.4.2 Spain Hormonal Contraceptive Market by Hormones
10.2.6.4.3 Spain Hormonal Contraceptive Market by End User
10.2.6.5 United Kingdom Hormonal Contraceptive Market
10.2.6.5.1 United Kingdom Hormonal Contraceptive Market by Method
10.2.6.5.2 United Kingdom Hormonal Contraceptive Market by Hormones
10.2.6.5.3 United Kingdom Hormonal Contraceptive Market by End User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Hormonal Contraceptive Market Overview
10.3.2 Asia-Pacific Hormonal Contraceptive Market Forecasts and Analysis
10.3.3 Asia-Pacific Hormonal Contraceptive Market Forecasts and Analysis - By Method
10.3.4 Asia-Pacific Hormonal Contraceptive Market Forecasts and Analysis - By Hormones
10.3.5 Asia-Pacific Hormonal Contraceptive Market Forecasts and Analysis - By End User
10.3.6 Asia-Pacific Hormonal Contraceptive Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Hormonal Contraceptive Market
10.3.6.1.1 Australia Hormonal Contraceptive Market by Method
10.3.6.1.2 Australia Hormonal Contraceptive Market by Hormones
10.3.6.1.3 Australia Hormonal Contraceptive Market by End User
10.3.6.2 China Hormonal Contraceptive Market
10.3.6.2.1 China Hormonal Contraceptive Market by Method
10.3.6.2.2 China Hormonal Contraceptive Market by Hormones
10.3.6.2.3 China Hormonal Contraceptive Market by End User
10.3.6.3 India Hormonal Contraceptive Market
10.3.6.3.1 India Hormonal Contraceptive Market by Method
10.3.6.3.2 India Hormonal Contraceptive Market by Hormones
10.3.6.3.3 India Hormonal Contraceptive Market by End User
10.3.6.4 Japan Hormonal Contraceptive Market
10.3.6.4.1 Japan Hormonal Contraceptive Market by Method
10.3.6.4.2 Japan Hormonal Contraceptive Market by Hormones
10.3.6.4.3 Japan Hormonal Contraceptive Market by End User
10.3.6.5 South Korea Hormonal Contraceptive Market
10.3.6.5.1 South Korea Hormonal Contraceptive Market by Method
10.3.6.5.2 South Korea Hormonal Contraceptive Market by Hormones
10.3.6.5.3 South Korea Hormonal Contraceptive Market by End User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Hormonal Contraceptive Market Overview
10.4.2 Middle East and Africa Hormonal Contraceptive Market Forecasts and Analysis
10.4.3 Middle East and Africa Hormonal Contraceptive Market Forecasts and Analysis - By Method
10.4.4 Middle East and Africa Hormonal Contraceptive Market Forecasts and Analysis - By Hormones
10.4.5 Middle East and Africa Hormonal Contraceptive Market Forecasts and Analysis - By End User
10.4.6 Middle East and Africa Hormonal Contraceptive Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Hormonal Contraceptive Market
10.4.6.1.1 South Africa Hormonal Contraceptive Market by Method
10.4.6.1.2 South Africa Hormonal Contraceptive Market by Hormones
10.4.6.1.3 South Africa Hormonal Contraceptive Market by End User
10.4.6.2 Saudi Arabia Hormonal Contraceptive Market
10.4.6.2.1 Saudi Arabia Hormonal Contraceptive Market by Method
10.4.6.2.2 Saudi Arabia Hormonal Contraceptive Market by Hormones
10.4.6.2.3 Saudi Arabia Hormonal Contraceptive Market by End User
10.4.6.3 U.A.E Hormonal Contraceptive Market
10.4.6.3.1 U.A.E Hormonal Contraceptive Market by Method
10.4.6.3.2 U.A.E Hormonal Contraceptive Market by Hormones
10.4.6.3.3 U.A.E Hormonal Contraceptive Market by End User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Hormonal Contraceptive Market Overview
10.5.2 South and Central America Hormonal Contraceptive Market Forecasts and Analysis
10.5.3 South and Central America Hormonal Contraceptive Market Forecasts and Analysis - By Method
10.5.4 South and Central America Hormonal Contraceptive Market Forecasts and Analysis - By Hormones
10.5.5 South and Central America Hormonal Contraceptive Market Forecasts and Analysis - By End User
10.5.6 South and Central America Hormonal Contraceptive Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Hormonal Contraceptive Market
10.5.6.1.1 Brazil Hormonal Contraceptive Market by Method
10.5.6.1.2 Brazil Hormonal Contraceptive Market by Hormones
10.5.6.1.3 Brazil Hormonal Contraceptive Market by End User
10.5.6.2 Argentina Hormonal Contraceptive Market
10.5.6.2.1 Argentina Hormonal Contraceptive Market by Method
10.5.6.2.2 Argentina Hormonal Contraceptive Market by Hormones
10.5.6.2.3 Argentina Hormonal Contraceptive 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. HORMONAL CONTRACEPTIVE MARKET, KEY COMPANY PROFILES
12.1. AMGEN
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. BAYER HEALTHCARE PHARMACEUTICALS
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. CIPLA LIMITED
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. GLENMARK PHARMACEUTICALS
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. LUPIN PHARMACEUTICALS, INC
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. NOVARTIS AG
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. PFIZER, INC
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. PIRAMAL HEALTHCARE LIMITED
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. SUN PHARMACEUTICAL INDUSTRIES LTD
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. TEVA PHARMACEUTICAL INDUSTRIES
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
- Amgen
- Bayer Healthcare Pharmaceuticals
- Cipla Limited
- Glenmark Pharmaceuticals
- Lupin Pharmaceuticals, Inc
- Novartis AG
- Pfizer, Inc
- Piramal Healthcare Limited
- Sun Pharmaceutical Industries Ltd
- Teva Pharmaceutical Industries
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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