Keratometer Market Updates by 2031
A keratometer is a device that measures the curvature of the eye's anterior corneal surface. When there is a vision problem, the cornea's curvature is measured. Ophthalmometer is another name for it. Keratometers have become increasingly important in the evaluation of keratoconus patients, contact lens fitting, and the resolution of intraocular lens implant power for cataract surgery patients. The keratometer instrument produces two corneal curvature values that are 90 degrees apart (minimum and maximum). The size of an image reflected from the two-paracentral locations on the cornea is measured by the Keratometer. The equipment uses doubling prisms to stabilize an image and hence provide accurate focusing. Single-position Helmholtz keratometers and double-position Javal-Schiotz keratometers are the two main types of keratometers. The single-position Helmholtz keratometers are the most common and alter the picture size simply, whereas the Helmholtz keratometers adjust the object size.
MARKET SCOPE
The "Global Keratometer Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the keratometer market with detailed market segmentation by position type, operation and end-user. The report provides key statistics on the market status of the leading keratometer market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on position type the market is segmented as, single attenuated Helmholtz and double position Helmholtz.
- Based on operation the market is segmented as manual and automatic.
- Based on end user the market is segmented as, hospitals, clinics and others.
MARKET DYNAMICS
Drivers:
- Increased prevalence of astigmatism, growing geriatric population across the globe along increasing demand for keratometers are all expected to boost market growth during the forecast period.
- High adoption of ophthalmic equipment and various ongoing technological advancements in ophthalmic equipment is likely to fuel the market growth during the forecast period.
Restraints:
- Whereas, high cost of device is expected to hamper market growth during the forecast period.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South and Central America. The keratometer market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting 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 America after evaluating political, economic, social and technological factors affecting the keratometer market in these regions.
IMPACT OF COVID-19 ON KERATOMETER MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South and Central America. The keratometer market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting 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 America after evaluating political, economic, social and technological factors affecting the keratometer market in these regions.
IMPACT OF COVID-19 ON KERATOMETER MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the keratometer 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 marketwere acquisitions, and partnerships & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from the keratometer market are anticipated to have lucrative growth opportunities in the future with the rising demand for keratometer in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the keratometer market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- NIDEK CO., LTD
- INNOVA Medical
- Luneau Technology Group
- Coburn Technologies, Inc
- Essilor Instruments USA
- Carl Zeiss AG
- AMETEK Inc.
- Reichert Inc.
- Schwind eye tech solutions
- HAAG-STREIT GROUP
- Veatch ophthalmic systems
- 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 Keratometer Market - By Position Type
1.3.2 Keratometer Market - By Operation
1.3.3 Keratometer Market - By End-User
1.3.4 Keratometer Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. KERATOMETER MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. KERATOMETER 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. KERATOMETER MARKET - GLOBAL MARKET ANALYSIS
6.1. KERATOMETER - GLOBAL MARKET OVERVIEW
6.2. KERATOMETER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. KERATOMETER MARKET - REVENUE AND FORECASTS TO 2028 - POSITION TYPE
7.1. OVERVIEW
7.2. POSITION TYPE MARKET FORECASTS AND ANALYSIS
7.3. SINGLE ATTENUATED HELMHOLTZ
7.3.1. Overview
7.3.2. Single Attenuated Helmholtz Market Forecast and Analysis
7.4. DOUBLE POSITION HELMHOLTZ
7.4.1. Overview
7.4.2. Double Position Helmholtz Market Forecast and Analysis
8. KERATOMETER MARKET - REVENUE AND FORECASTS TO 2028 - OPERATION
8.1. OVERVIEW
8.2. OPERATION MARKET FORECASTS AND ANALYSIS
8.3. MANUAL
8.3.1. Overview
8.3.2. Manual Market Forecast and Analysis
8.4. AUTOMATIC
8.4.1. Overview
8.4.2. Automatic Market Forecast and Analysis
9. KERATOMETER 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. CLINICS
9.4.1. Overview
9.4.2. clinics Market Forecast and Analysis
9.5. OTHERS
9.5.1. Overview
9.5.2. Others Market Forecast and Analysis
10. KERATOMETER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Keratometer Market Overview
10.1.2 North America Keratometer Market Forecasts and Analysis
10.1.3 North America Keratometer Market Forecasts and Analysis - By Position Type
10.1.4 North America Keratometer Market Forecasts and Analysis - By Operation
10.1.5 North America Keratometer Market Forecasts and Analysis - By End-User
10.1.6 North America Keratometer Market Forecasts and Analysis - By Countries
10.1.6.1 United States Keratometer Market
10.1.6.1.1 United States Keratometer Market by Position Type
10.1.6.1.2 United States Keratometer Market by Operation
10.1.6.1.3 United States Keratometer Market by End-User
10.1.6.2 Canada Keratometer Market
10.1.6.2.1 Canada Keratometer Market by Position Type
10.1.6.2.2 Canada Keratometer Market by Operation
10.1.6.2.3 Canada Keratometer Market by End-User
10.1.6.3 Mexico Keratometer Market
10.1.6.3.1 Mexico Keratometer Market by Position Type
10.1.6.3.2 Mexico Keratometer Market by Operation
10.1.6.3.3 Mexico Keratometer Market by End-User
10.2. EUROPE
10.2.1 Europe Keratometer Market Overview
10.2.2 Europe Keratometer Market Forecasts and Analysis
10.2.3 Europe Keratometer Market Forecasts and Analysis - By Position Type
10.2.4 Europe Keratometer Market Forecasts and Analysis - By Operation
10.2.5 Europe Keratometer Market Forecasts and Analysis - By End-User
10.2.6 Europe Keratometer Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Keratometer Market
10.2.6.1.1 Germany Keratometer Market by Position Type
10.2.6.1.2 Germany Keratometer Market by Operation
10.2.6.1.3 Germany Keratometer Market by End-User
10.2.6.2 France Keratometer Market
10.2.6.2.1 France Keratometer Market by Position Type
10.2.6.2.2 France Keratometer Market by Operation
10.2.6.2.3 France Keratometer Market by End-User
10.2.6.3 Italy Keratometer Market
10.2.6.3.1 Italy Keratometer Market by Position Type
10.2.6.3.2 Italy Keratometer Market by Operation
10.2.6.3.3 Italy Keratometer Market by End-User
10.2.6.4 Spain Keratometer Market
10.2.6.4.1 Spain Keratometer Market by Position Type
10.2.6.4.2 Spain Keratometer Market by Operation
10.2.6.4.3 Spain Keratometer Market by End-User
10.2.6.5 United Kingdom Keratometer Market
10.2.6.5.1 United Kingdom Keratometer Market by Position Type
10.2.6.5.2 United Kingdom Keratometer Market by Operation
10.2.6.5.3 United Kingdom Keratometer Market by End-User
10.2.6.6 Rest of Europe Keratometer Market
10.2.6.6.1 Rest of Europe Keratometer Market by Position Type
10.2.6.6.2 Rest of Europe Keratometer Market by Operation
10.2.6.6.3 Rest of Europe Keratometer Market by End-User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Keratometer Market Overview
10.3.2 Asia-Pacific Keratometer Market Forecasts and Analysis
10.3.3 Asia-Pacific Keratometer Market Forecasts and Analysis - By Position Type
10.3.4 Asia-Pacific Keratometer Market Forecasts and Analysis - By Operation
10.3.5 Asia-Pacific Keratometer Market Forecasts and Analysis - By End-User
10.3.6 Asia-Pacific Keratometer Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Keratometer Market
10.3.6.1.1 Australia Keratometer Market by Position Type
10.3.6.1.2 Australia Keratometer Market by Operation
10.3.6.1.3 Australia Keratometer Market by End-User
10.3.6.2 China Keratometer Market
10.3.6.2.1 China Keratometer Market by Position Type
10.3.6.2.2 China Keratometer Market by Operation
10.3.6.2.3 China Keratometer Market by End-User
10.3.6.3 India Keratometer Market
10.3.6.3.1 India Keratometer Market by Position Type
10.3.6.3.2 India Keratometer Market by Operation
10.3.6.3.3 India Keratometer Market by End-User
10.3.6.4 Japan Keratometer Market
10.3.6.4.1 Japan Keratometer Market by Position Type
10.3.6.4.2 Japan Keratometer Market by Operation
10.3.6.4.3 Japan Keratometer Market by End-User
10.3.6.5 South Korea Keratometer Market
10.3.6.5.1 South Korea Keratometer Market by Position Type
10.3.6.5.2 South Korea Keratometer Market by Operation
10.3.6.5.3 South Korea Keratometer Market by End-User
10.3.6.6 Rest of Asia-Pacific Keratometer Market
10.3.6.6.1 Rest of Asia-Pacific Keratometer Market by Position Type
10.3.6.6.2 Rest of Asia-Pacific Keratometer Market by Operation
10.3.6.6.3 Rest of Asia-Pacific Keratometer Market by End-User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Keratometer Market Overview
10.4.2 Middle East and Africa Keratometer Market Forecasts and Analysis
10.4.3 Middle East and Africa Keratometer Market Forecasts and Analysis - By Position Type
10.4.4 Middle East and Africa Keratometer Market Forecasts and Analysis - By Operation
10.4.5 Middle East and Africa Keratometer Market Forecasts and Analysis - By End-User
10.4.6 Middle East and Africa Keratometer Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Keratometer Market
10.4.6.1.1 South Africa Keratometer Market by Position Type
10.4.6.1.2 South Africa Keratometer Market by Operation
10.4.6.1.3 South Africa Keratometer Market by End-User
10.4.6.2 Saudi Arabia Keratometer Market
10.4.6.2.1 Saudi Arabia Keratometer Market by Position Type
10.4.6.2.2 Saudi Arabia Keratometer Market by Operation
10.4.6.2.3 Saudi Arabia Keratometer Market by End-User
10.4.6.3 U.A.E Keratometer Market
10.4.6.3.1 U.A.E Keratometer Market by Position Type
10.4.6.3.2 U.A.E Keratometer Market by Operation
10.4.6.3.3 U.A.E Keratometer Market by End-User
10.4.6.4 Rest of Middle East and Africa Keratometer Market
10.4.6.4.1 Rest of Middle East and Africa Keratometer Market by Position Type
10.4.6.4.2 Rest of Middle East and Africa Keratometer Market by Operation
10.4.6.4.3 Rest of Middle East and Africa Keratometer Market by End-User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Keratometer Market Overview
10.5.2 South and Central America Keratometer Market Forecasts and Analysis
10.5.3 South and Central America Keratometer Market Forecasts and Analysis - By Position Type
10.5.4 South and Central America Keratometer Market Forecasts and Analysis - By Operation
10.5.5 South and Central America Keratometer Market Forecasts and Analysis - By End-User
10.5.6 South and Central America Keratometer Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Keratometer Market
10.5.6.1.1 Brazil Keratometer Market by Position Type
10.5.6.1.2 Brazil Keratometer Market by Operation
10.5.6.1.3 Brazil Keratometer Market by End-User
10.5.6.2 Argentina Keratometer Market
10.5.6.2.1 Argentina Keratometer Market by Position Type
10.5.6.2.2 Argentina Keratometer Market by Operation
10.5.6.2.3 Argentina Keratometer Market by End-User
10.5.6.3 Rest of South and Central America Keratometer Market
10.5.6.3.1 Rest of South and Central America Keratometer Market by Position Type
10.5.6.3.2 Rest of South and Central America Keratometer Market by Operation
10.5.6.3.3 Rest of South and Central America Keratometer 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. KERATOMETER MARKET, KEY COMPANY PROFILES
12.1. NIDEK CO., 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. INNOVA MEDICAL
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. LUNEAU TECHNOLOGY GROUP
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. COBURN TECHNOLOGIES, INC.
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. ESSILOR INSTRUMENTS USA
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. CARL ZEISS 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. AMETEK 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. REICHERT INC.
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. SCHWIND EYE TECH SOLUTIONS
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. HAAG-STREIT GROUP
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
12.11. VEATCH OPHTHALMIC SYSTEMS
12.11.1. Key Facts
12.11.2. Business Description
12.11.3. Products and Services
12.11.4. Financial Overview
12.11.5. SWOT Analysis
12.11.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1.NIDEK CO., LTD.
2.INNOVA Medical
3.Luneau Technology Group
4.Coburn Technologies, Inc.
5.Essilor Instruments USA
6.Carl Zeiss AG
7.AMETEK Inc.
8.Reichert Inc.
9.Schwind eye tech solutions
10.HAAG-STREIT GROUP
11.Veatch ophthalmic systems
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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