Interventional Oncology Market Key Findings by 2031
Interventional oncology procedures includes diagnosis and treatment with use of minimally invasive surgery, which are carried under image guidance. Medical devices like X-ray, computed tomography and magnetic resonance imaging is used for the treatment. This technique is generally used for lung cancer, liver cancer and kidney cancer.
MARKET DYNAMICS
The interventional oncology market is to grow exponentially in the forecast period owing to driving factors such as increasing rising preference for minimally invasive surgeries, increase in patient population and increasing public-private funding for interventional oncology. In addition, the emerging economies and growing awareness about interventional oncology is anticipated to offer significant growth opportunities in the market during the forecast period.
MARKET SCOPE
The "Global Interventional Oncology Market Analysis to 2031" 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 oncology market with detailed market segmentation by product, procedure, cancer and geography. The global interventional oncology market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading interventional oncology market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global interventional oncology market is segmented on the basis of product, procedure and cancer. Based on product, the market is classified as embolization devices, ablation devices and support devices. On the basis of procedure the market is categorised as thermal tumor ablation, non-thermal tumor ablation, transcatheter arterial chemoembolization, transcatheter arterial radioembolization or selective internal radiation and therapy transcatheter arterial embolization or bland embolization. On the basis of cancer type the interventional oncology market is classified as liver cancer, lung cancer, bone cancer, kidney cancer and other cancer.
REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global interventional oncology 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 oncology 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 oncology 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 interventional oncology 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 interventional oncology 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 oncology 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 oncology 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 interventional oncology market in these regions.
MARKET PLAYERSThe reports cover key developments in the interventional oncology 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 interventional oncology market are anticipated to lucrative growth opportunities in the future with the rising demand for interventional oncology market in the global market. Below mentioned is the list of few companies engaged in the interventional oncology market.
The report also includes the profiles of key interventional oncology 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.
- BTG International Ltd.
- HealthTronics, Inc.
- IceCure Medical Ltd
- IMBIOTECHNOLOGIES LTD.
- Medtronic
- MedWaves, Inc.
- Sanarus
- Teleflex Incorporated
- Terumo Corporation
- Trod Medical
- 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 Oncology Market - By Product
1.3.2 Interventional Oncology Market - By Procedure
1.3.3 Interventional Oncology Market - By Cancer Type
1.3.4 Interventional Oncology Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. INTERVENTIONAL ONCOLOGY 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 ONCOLOGY 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. INTERVENTIONAL ONCOLOGY MARKET - GLOBAL MARKET ANALYSIS
6.1. INTERVENTIONAL ONCOLOGY - GLOBAL MARKET OVERVIEW
6.2. INTERVENTIONAL ONCOLOGY - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. INTERVENTIONAL ONCOLOGY MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. EMBOLIZATION DEVICES
7.3.1. Overview
7.3.2. Embolization Devices Market Forecast and Analysis
7.3.3. Radioembolic Agents Market
7.3.3.1. Overview
7.3.3.2. Radioembolic Agents Market Forecast and Analysis
7.3.4. Non-Radioactive Embolic Agents Market
7.3.4.1. Overview
7.3.4.2. Non-Radioactive Embolic Agents Market Forecast and Analysis
7.4. ABLATION DEVICES
7.4.1. Overview
7.4.2. Ablation Devices Market Forecast and Analysis
7.4.3. Radiofrequency (RF) Ablation Devices Market
7.4.3.1. Overview
7.4.3.2. Radiofrequency (RF) Ablation Devices Market Forecast and Analysis
7.4.4. Microwave Ablation Devices Market
7.4.4.1. Overview
7.4.4.2. Microwave Ablation Devices Market Forecast and Analysis
7.4.5. Cryoablation Devices Market
7.4.5.1. Overview
7.4.5.2. Cryoablation Devices Market Forecast and Analysis
7.4.6. Other Ablation Devices Market
7.4.6.1. Overview
7.4.6.2. Other Ablation Devices Market Forecast and Analysis
7.5. SUPPORT DEVICES
7.5.1. Overview
7.5.2. Support Devices Market Forecast and Analysis
7.5.3. Microcatheters Market
7.5.3.1. Overview
7.5.3.2. Microcatheters Market Forecast and Analysis
7.5.4. Guidewires Market
7.5.4.1. Overview
7.5.4.2. Guidewires Market Forecast and Analysis
8. INTERVENTIONAL ONCOLOGY MARKET - REVENUE AND FORECASTS TO 2028 - PROCEDURE
8.1. OVERVIEW
8.2. PROCEDURE MARKET FORECASTS AND ANALYSIS
8.3. THERMAL TUMOR ABLATION
8.3.1. Overview
8.3.2. Thermal Tumor Ablation Market Forecast and Analysis
8.4. NON-THERMAL TUMOR ABLATION
8.4.1. Overview
8.4.2. Non-Thermal Tumor Ablation Market Forecast and Analysis
8.5. TRANSCATHETER ARTERIAL CHEMOEMBOLIZATION
8.5.1. Overview
8.5.2. Transcatheter Arterial Chemoembolization Market Forecast and Analysis
8.6. TRANSCATHETER ARTERIAL RADIOEMBOLIZATION OR SELECTIVE INTERNAL RADIATION THERAPY
8.6.1. Overview
8.6.2. Transcatheter Arterial Radioembolization or Selective Internal Radiation Therapy Market Forecast and Analysis
8.7. TRANSCATHETER ARTERIAL EMBOLIZATION OR BLAND EMBOLIZATION
8.7.1. Overview
8.7.2. Transcatheter Arterial Embolization or Bland Embolization Market Forecast and Analysis
9. INTERVENTIONAL ONCOLOGY MARKET - REVENUE AND FORECASTS TO 2028 - CANCER TYPE
9.1. OVERVIEW
9.2. CANCER TYPE MARKET FORECASTS AND ANALYSIS
9.3. LIVER CANCER
9.3.1. Overview
9.3.2. Liver Cancer Market Forecast and Analysis
9.4. LUNG CANCER
9.4.1. Overview
9.4.2. Lung Cancer Market Forecast and Analysis
9.5. BONE CANCER
9.5.1. Overview
9.5.2. Bone Cancer Market Forecast and Analysis
9.6. KIDNEY CANCER
9.6.1. Overview
9.6.2. Kidney Cancer Market Forecast and Analysis
9.7. OTHER CANCERS
9.7.1. Overview
9.7.2. Other Cancers Market Forecast and Analysis
10. INTERVENTIONAL ONCOLOGY MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Interventional Oncology Market Overview
10.1.2 North America Interventional Oncology Market Forecasts and Analysis
10.1.3 North America Interventional Oncology Market Forecasts and Analysis - By Product
10.1.4 North America Interventional Oncology Market Forecasts and Analysis - By Procedure
10.1.5 North America Interventional Oncology Market Forecasts and Analysis - By Cancer Type
10.1.6 North America Interventional Oncology Market Forecasts and Analysis - By Countries
10.1.6.1 United States Interventional Oncology Market
10.1.6.1.1 United States Interventional Oncology Market by Product
10.1.6.1.2 United States Interventional Oncology Market by Procedure
10.1.6.1.3 United States Interventional Oncology Market by Cancer Type
10.1.6.2 Canada Interventional Oncology Market
10.1.6.2.1 Canada Interventional Oncology Market by Product
10.1.6.2.2 Canada Interventional Oncology Market by Procedure
10.1.6.2.3 Canada Interventional Oncology Market by Cancer Type
10.1.6.3 Mexico Interventional Oncology Market
10.1.6.3.1 Mexico Interventional Oncology Market by Product
10.1.6.3.2 Mexico Interventional Oncology Market by Procedure
10.1.6.3.3 Mexico Interventional Oncology Market by Cancer Type
10.2. EUROPE
10.2.1 Europe Interventional Oncology Market Overview
10.2.2 Europe Interventional Oncology Market Forecasts and Analysis
10.2.3 Europe Interventional Oncology Market Forecasts and Analysis - By Product
10.2.4 Europe Interventional Oncology Market Forecasts and Analysis - By Procedure
10.2.5 Europe Interventional Oncology Market Forecasts and Analysis - By Cancer Type
10.2.6 Europe Interventional Oncology Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Interventional Oncology Market
10.2.6.1.1 Germany Interventional Oncology Market by Product
10.2.6.1.2 Germany Interventional Oncology Market by Procedure
10.2.6.1.3 Germany Interventional Oncology Market by Cancer Type
10.2.6.2 France Interventional Oncology Market
10.2.6.2.1 France Interventional Oncology Market by Product
10.2.6.2.2 France Interventional Oncology Market by Procedure
10.2.6.2.3 France Interventional Oncology Market by Cancer Type
10.2.6.3 Italy Interventional Oncology Market
10.2.6.3.1 Italy Interventional Oncology Market by Product
10.2.6.3.2 Italy Interventional Oncology Market by Procedure
10.2.6.3.3 Italy Interventional Oncology Market by Cancer Type
10.2.6.4 Spain Interventional Oncology Market
10.2.6.4.1 Spain Interventional Oncology Market by Product
10.2.6.4.2 Spain Interventional Oncology Market by Procedure
10.2.6.4.3 Spain Interventional Oncology Market by Cancer Type
10.2.6.5 United Kingdom Interventional Oncology Market
10.2.6.5.1 United Kingdom Interventional Oncology Market by Product
10.2.6.5.2 United Kingdom Interventional Oncology Market by Procedure
10.2.6.5.3 United Kingdom Interventional Oncology Market by Cancer Type
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Interventional Oncology Market Overview
10.3.2 Asia-Pacific Interventional Oncology Market Forecasts and Analysis
10.3.3 Asia-Pacific Interventional Oncology Market Forecasts and Analysis - By Product
10.3.4 Asia-Pacific Interventional Oncology Market Forecasts and Analysis - By Procedure
10.3.5 Asia-Pacific Interventional Oncology Market Forecasts and Analysis - By Cancer Type
10.3.6 Asia-Pacific Interventional Oncology Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Interventional Oncology Market
10.3.6.1.1 Australia Interventional Oncology Market by Product
10.3.6.1.2 Australia Interventional Oncology Market by Procedure
10.3.6.1.3 Australia Interventional Oncology Market by Cancer Type
10.3.6.2 China Interventional Oncology Market
10.3.6.2.1 China Interventional Oncology Market by Product
10.3.6.2.2 China Interventional Oncology Market by Procedure
10.3.6.2.3 China Interventional Oncology Market by Cancer Type
10.3.6.3 India Interventional Oncology Market
10.3.6.3.1 India Interventional Oncology Market by Product
10.3.6.3.2 India Interventional Oncology Market by Procedure
10.3.6.3.3 India Interventional Oncology Market by Cancer Type
10.3.6.4 Japan Interventional Oncology Market
10.3.6.4.1 Japan Interventional Oncology Market by Product
10.3.6.4.2 Japan Interventional Oncology Market by Procedure
10.3.6.4.3 Japan Interventional Oncology Market by Cancer Type
10.3.6.5 South Korea Interventional Oncology Market
10.3.6.5.1 South Korea Interventional Oncology Market by Product
10.3.6.5.2 South Korea Interventional Oncology Market by Procedure
10.3.6.5.3 South Korea Interventional Oncology Market by Cancer Type
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Interventional Oncology Market Overview
10.4.2 Middle East and Africa Interventional Oncology Market Forecasts and Analysis
10.4.3 Middle East and Africa Interventional Oncology Market Forecasts and Analysis - By Product
10.4.4 Middle East and Africa Interventional Oncology Market Forecasts and Analysis - By Procedure
10.4.5 Middle East and Africa Interventional Oncology Market Forecasts and Analysis - By Cancer Type
10.4.6 Middle East and Africa Interventional Oncology Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Interventional Oncology Market
10.4.6.1.1 South Africa Interventional Oncology Market by Product
10.4.6.1.2 South Africa Interventional Oncology Market by Procedure
10.4.6.1.3 South Africa Interventional Oncology Market by Cancer Type
10.4.6.2 Saudi Arabia Interventional Oncology Market
10.4.6.2.1 Saudi Arabia Interventional Oncology Market by Product
10.4.6.2.2 Saudi Arabia Interventional Oncology Market by Procedure
10.4.6.2.3 Saudi Arabia Interventional Oncology Market by Cancer Type
10.4.6.3 U.A.E Interventional Oncology Market
10.4.6.3.1 U.A.E Interventional Oncology Market by Product
10.4.6.3.2 U.A.E Interventional Oncology Market by Procedure
10.4.6.3.3 U.A.E Interventional Oncology Market by Cancer Type
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Interventional Oncology Market Overview
10.5.2 South and Central America Interventional Oncology Market Forecasts and Analysis
10.5.3 South and Central America Interventional Oncology Market Forecasts and Analysis - By Product
10.5.4 South and Central America Interventional Oncology Market Forecasts and Analysis - By Procedure
10.5.5 South and Central America Interventional Oncology Market Forecasts and Analysis - By Cancer Type
10.5.6 South and Central America Interventional Oncology Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Interventional Oncology Market
10.5.6.1.1 Brazil Interventional Oncology Market by Product
10.5.6.1.2 Brazil Interventional Oncology Market by Procedure
10.5.6.1.3 Brazil Interventional Oncology Market by Cancer Type
10.5.6.2 Argentina Interventional Oncology Market
10.5.6.2.1 Argentina Interventional Oncology Market by Product
10.5.6.2.2 Argentina Interventional Oncology Market by Procedure
10.5.6.2.3 Argentina Interventional Oncology Market by Cancer Type
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. INTERVENTIONAL ONCOLOGY MARKET, KEY COMPANY PROFILES
12.1. BTG INTERNATIONAL LTD.
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. HEALTHTRONICS, INC.
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. ICECURE MEDICAL LTD
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. IMBIOTECHNOLOGIES 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. MEDTRONIC
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. MEDWAVES, 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. SANARUS
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. TELEFLEX INCORPORATED
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. TERUMO CORPORATION
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. TROD MEDICAL
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. BTG International Ltd.
2. HealthTronics, Inc.
3. IceCure Medical Ltd
4. IMBIOTECHNOLOGIES LTD.
5. Medtronic
6. MedWaves, Inc.
7. Sanarus
8. Teleflex Incorporated
9. Terumo Corporation
10. Trod Medical
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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