Interventional Cardiology Devices Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Interventional cardiology devices are used to treat and diagnose various cardiovascular disorders. Interventional cardiology uses a kind of catheter which is inserted into body for treatment. Commonly used interventional cardiology devices includes, angioplasty stents, angioplasty balloons, catheters, plaque modification devices etc. The major factor driving interventional cardiology market includes, rising incidences of cardiovascular disorders.
MARKET DYNAMICS
The key market drivers for Interventional Cardiology Devices Market Includes, rising incidences of cardiovascular disorders along with increasing geriatric population across the globe. Moreover, increased healthcare expenditure is also expected to fuel market growth. However, stringent regulatory guidelines for the devices and availability of first line treatment options are expected to restrain market growth during forecast period.
MARKET SCOPE
The "Interventional Cardiology Devices Market" is a specialized and in-depth study of the Medical Device industry with a special focus on the global market trend analysis. The report aims to provide an overview of Interventional Cardiology Devices market with detailed market segmentation by type and end user. The Interventional Cardiology Devices Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in Interventional Cardiology Devices Market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Interventional Cardiology Devices Market is segmented on the basis of type and end user. On the basis of type the market is segmented as, angioplasty balloons, angioplasty stents, catheters, plaque modification devices, others. And on the basis of end user the market is segmented as, hospitals, clinics and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Interventional Cardiology Devices 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 Interventional Cardiology Devices 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 Interventional Cardiology Devices Market from both demand and supply side and further evaluates market dynamics affecting the market during 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 Interventional Cardiology Devices 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 Interventional Cardiology Devices 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 Interventional Cardiology Devices 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 Interventional Cardiology Devices Market from both demand and supply side and further evaluates market dynamics affecting the market during 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 Interventional Cardiology Devices Market in these regions.
MARKET PLAYERS
The report covers key developments in the Interventional Cardiology Devices Markets 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 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 players from Interventional Cardiology Devices Market are anticipated to have lucrative growth opportunities in the future with the rising demand for, Interventional Cardiology Devices market in the global market. Below mentioned is the list of few companies engaged in the Interventional Cardiology Devices Market.
The report also includes the profiles of key players in Interventional Cardiology Devices Market 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.
- Boston Scientific Corporation
- Abbott Laboratories
- Medtronic Public Limited Company
- Cordis Corporation
- Terumo Corporation
- B. Braun
- C.R.Bard
- Biosensors
- Ivascular
- BIOTRONIK
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
- 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 Interventional Cardiology Devices Market - By Type
1.3.2 Interventional Cardiology Devices Market - By End User
1.3.3 Interventional Cardiology Devices Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. INTERVENTIONAL CARDIOLOGY DEVICES 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. INTERVENTIONAL CARDIOLOGY DEVICES 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. INTERVENTIONAL CARDIOLOGY DEVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. INTERVENTIONAL CARDIOLOGY DEVICES - GLOBAL MARKET OVERVIEW
6.2. INTERVENTIONAL CARDIOLOGY DEVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. INTERVENTIONAL CARDIOLOGY DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. ANGIOPLASTY BALLOONS
7.3.1. Overview
7.3.2. Angioplasty Balloons Market Forecast and Analysis
7.3.3. Old/Normal Balloons Market
7.3.3.1. Overview
7.3.3.2. Old/Normal Balloons Market Forecast and Analysis
7.3.4. Cutting and Scoring Balloons Market
7.3.4.1. Overview
7.3.4.2. Cutting and Scoring Balloons Market Forecast and Analysis
7.3.5. Drug-Eluting Balloons Market
7.3.5.1. Overview
7.3.5.2. Drug-Eluting Balloons Market Forecast and Analysis
7.4. ANGIOPLASTY STENTS
7.4.1. Overview
7.4.2. Angioplasty Stents Market Forecast and Analysis
7.4.3. Drug-Eluting Stents Market
7.4.3.1. Overview
7.4.3.2. Drug-Eluting Stents Market Forecast and Analysis
7.4.4. Bare-Metal Stents Market
7.4.4.1. Overview
7.4.4.2. Bare-Metal Stents Market Forecast and Analysis
7.4.5. Bioabsorbable Stents Market
7.4.5.1. Overview
7.4.5.2. Bioabsorbable Stents Market Forecast and Analysis
7.5. CATHETERS
7.5.1. Overview
7.5.2. Catheters Market Forecast and Analysis
7.5.3. Angiography Catheters Market Market
7.5.3.1. Overview
7.5.3.2. Angiography Catheters Market Market Forecast and Analysis
7.5.4. Ivus/Oct Catheters Market Market
7.5.4.1. Overview
7.5.4.2. Ivus/Oct Catheters Market Market Forecast and Analysis
7.5.5. Guiding Catheters Market Market
7.5.5.1. Overview
7.5.5.2. Guiding Catheters Market Market Forecast and Analysis
7.6. PLAQUE MODIFICATION DEVICES
7.6.1. Overview
7.6.2. Plaque Modification Devices Market Forecast and Analysis
7.6.3. Thrombectomy Devices Market
7.6.3.1. Overview
7.6.3.2. Thrombectomy Devices Market Forecast and Analysis
7.6.4. Atherectomy Devices Market
7.6.4.1. Overview
7.6.4.2. Atherectomy Devices Market Forecast and Analysis
7.7. HEMODYNAMIC FLOW ALTERATION DEVICES
7.7.1. Overview
7.7.2. Hemodynamic Flow Alteration Devices Market Forecast and Analysis
7.7.3. Embolic Protection Devices Market
7.7.3.1. Overview
7.7.3.2. Embolic Protection Devices Market Forecast and Analysis
7.7.4. Chronic Total Occlusion Devices Market
7.7.4.1. Overview
7.7.4.2. Chronic Total Occlusion Devices Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
8. INTERVENTIONAL CARDIOLOGY DEVICES 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. CLINICS
8.4.1. Overview
8.4.2. Clinics Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. INTERVENTIONAL CARDIOLOGY DEVICES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Interventional Cardiology Devices Market Overview
9.1.2 North America Interventional Cardiology Devices Market Forecasts and Analysis
9.1.3 North America Interventional Cardiology Devices Market Forecasts and Analysis - By Type
9.1.4 North America Interventional Cardiology Devices Market Forecasts and Analysis - By End User
9.1.5 North America Interventional Cardiology Devices Market Forecasts and Analysis - By Countries
9.1.5.1 United States Interventional Cardiology Devices Market
9.1.5.1.1 United States Interventional Cardiology Devices Market by Type
9.1.5.1.2 United States Interventional Cardiology Devices Market by End User
9.1.5.2 Canada Interventional Cardiology Devices Market
9.1.5.2.1 Canada Interventional Cardiology Devices Market by Type
9.1.5.2.2 Canada Interventional Cardiology Devices Market by End User
9.1.5.3 Mexico Interventional Cardiology Devices Market
9.1.5.3.1 Mexico Interventional Cardiology Devices Market by Type
9.1.5.3.2 Mexico Interventional Cardiology Devices Market by End User
9.2. EUROPE
9.2.1 Europe Interventional Cardiology Devices Market Overview
9.2.2 Europe Interventional Cardiology Devices Market Forecasts and Analysis
9.2.3 Europe Interventional Cardiology Devices Market Forecasts and Analysis - By Type
9.2.4 Europe Interventional Cardiology Devices Market Forecasts and Analysis - By End User
9.2.5 Europe Interventional Cardiology Devices Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Interventional Cardiology Devices Market
9.2.5.1.1 Germany Interventional Cardiology Devices Market by Type
9.2.5.1.2 Germany Interventional Cardiology Devices Market by End User
9.2.5.2 France Interventional Cardiology Devices Market
9.2.5.2.1 France Interventional Cardiology Devices Market by Type
9.2.5.2.2 France Interventional Cardiology Devices Market by End User
9.2.5.3 Italy Interventional Cardiology Devices Market
9.2.5.3.1 Italy Interventional Cardiology Devices Market by Type
9.2.5.3.2 Italy Interventional Cardiology Devices Market by End User
9.2.5.4 Spain Interventional Cardiology Devices Market
9.2.5.4.1 Spain Interventional Cardiology Devices Market by Type
9.2.5.4.2 Spain Interventional Cardiology Devices Market by End User
9.2.5.5 United Kingdom Interventional Cardiology Devices Market
9.2.5.5.1 United Kingdom Interventional Cardiology Devices Market by Type
9.2.5.5.2 United Kingdom Interventional Cardiology Devices Market by End User
9.2.5.6 Rest of Europe Interventional Cardiology Devices Market
9.2.5.6.1 Rest of Europe Interventional Cardiology Devices Market by Type
9.2.5.6.2 Rest of Europe Interventional Cardiology Devices Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Interventional Cardiology Devices Market Overview
9.3.2 Asia-Pacific Interventional Cardiology Devices Market Forecasts and Analysis
9.3.3 Asia-Pacific Interventional Cardiology Devices Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Interventional Cardiology Devices Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Interventional Cardiology Devices Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Interventional Cardiology Devices Market
9.3.5.1.1 Australia Interventional Cardiology Devices Market by Type
9.3.5.1.2 Australia Interventional Cardiology Devices Market by End User
9.3.5.2 China Interventional Cardiology Devices Market
9.3.5.2.1 China Interventional Cardiology Devices Market by Type
9.3.5.2.2 China Interventional Cardiology Devices Market by End User
9.3.5.3 India Interventional Cardiology Devices Market
9.3.5.3.1 India Interventional Cardiology Devices Market by Type
9.3.5.3.2 India Interventional Cardiology Devices Market by End User
9.3.5.4 Japan Interventional Cardiology Devices Market
9.3.5.4.1 Japan Interventional Cardiology Devices Market by Type
9.3.5.4.2 Japan Interventional Cardiology Devices Market by End User
9.3.5.5 South Korea Interventional Cardiology Devices Market
9.3.5.5.1 South Korea Interventional Cardiology Devices Market by Type
9.3.5.5.2 South Korea Interventional Cardiology Devices Market by End User
9.3.5.6 Rest of Asia-Pacific Interventional Cardiology Devices Market
9.3.5.6.1 Rest of Asia-Pacific Interventional Cardiology Devices Market by Type
9.3.5.6.2 Rest of Asia-Pacific Interventional Cardiology Devices Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Interventional Cardiology Devices Market Overview
9.4.2 Middle East and Africa Interventional Cardiology Devices Market Forecasts and Analysis
9.4.3 Middle East and Africa Interventional Cardiology Devices Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Interventional Cardiology Devices Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Interventional Cardiology Devices Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Interventional Cardiology Devices Market
9.4.5.1.1 South Africa Interventional Cardiology Devices Market by Type
9.4.5.1.2 South Africa Interventional Cardiology Devices Market by End User
9.4.5.2 Saudi Arabia Interventional Cardiology Devices Market
9.4.5.2.1 Saudi Arabia Interventional Cardiology Devices Market by Type
9.4.5.2.2 Saudi Arabia Interventional Cardiology Devices Market by End User
9.4.5.3 U.A.E Interventional Cardiology Devices Market
9.4.5.3.1 U.A.E Interventional Cardiology Devices Market by Type
9.4.5.3.2 U.A.E Interventional Cardiology Devices Market by End User
9.4.5.4 Rest of Middle East and Africa Interventional Cardiology Devices Market
9.4.5.4.1 Rest of Middle East and Africa Interventional Cardiology Devices Market by Type
9.4.5.4.2 Rest of Middle East and Africa Interventional Cardiology Devices Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Interventional Cardiology Devices Market Overview
9.5.2 South and Central America Interventional Cardiology Devices Market Forecasts and Analysis
9.5.3 South and Central America Interventional Cardiology Devices Market Forecasts and Analysis - By Type
9.5.4 South and Central America Interventional Cardiology Devices Market Forecasts and Analysis - By End User
9.5.5 South and Central America Interventional Cardiology Devices Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Interventional Cardiology Devices Market
9.5.5.1.1 Brazil Interventional Cardiology Devices Market by Type
9.5.5.1.2 Brazil Interventional Cardiology Devices Market by End User
9.5.5.2 Argentina Interventional Cardiology Devices Market
9.5.5.2.1 Argentina Interventional Cardiology Devices Market by Type
9.5.5.2.2 Argentina Interventional Cardiology Devices Market by End User
9.5.5.3 Rest of South and Central America Interventional Cardiology Devices Market
9.5.5.3.1 Rest of South and Central America Interventional Cardiology Devices Market by Type
9.5.5.3.2 Rest of South and Central America Interventional Cardiology Devices Market by End User
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. INTERVENTIONAL CARDIOLOGY DEVICES MARKET, KEY COMPANY PROFILES
11.1. BOSTON SCIENTIFIC CORPORATION
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ABBOTT LABORATORIES
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. MEDTRONIC PUBLIC LIMITED COMPANY
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. CORDIS CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. TERUMO CORPORATION
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. B. BRAUN
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. C.R. BARD
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. BIOSENSORS
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. IVASCULAR
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. BIOTRONIK
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Boston Scientific Corporation
2. Abbott Laboratories
3. Medtronic Public Limited Company
4. Cordis Corporation
5. Terumo Corporation
6. B. Braun
7. C.R. Bard
8. Biosensors
9. Ivascular
10. BIOTRONIK
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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