Laryngeal Mask Market Size 2031 | Drivers and Opportunities
The Laryngeal Mask Market is expected to register a CAGR of 8.9% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Type (Disposable, Reusable). Further, the market is segmented on the basis of End User (Hospitals, Clinics, and Others). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Laryngeal Mask Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Laryngeal Mask Market Segmentation
Type- Disposable
- Reusable
- Hospitals
- Clinics
- Others
Strategic Insights
Laryngeal Mask Market Growth Drivers- Rising Incidence of Respiratory Disorders: An increase in respiratory diseases and conditions requiring surgical intervention drives demand for effective airway management solutions like laryngeal masks. According to an article titled “Effectiveness of a home telemonitoring program for patients with chronic obstructive pulmonary disease in Germany” published by the National Library of Medicine in 2022, Germany reported ? 6 million COPD cases. According to an article titled “What knows a frail Swiss population about chronic obstructive pulmonary disease?” published in 2021, about 400,000 people were affected by COPD in Switzerland.
- Technological Advancements: Advancements in technology and techniques in anaesthesia are encouraging the use of laryngeal masks which increase safety and comfort for the patient during the procedure. One of the biggest advances in anaesthesia in recent years is the development of laryngeal mask airway. Ever since its advent, anesthetists have found indications for the use of laryngeal mask airway while performing tracheal intubation, such as by passing endotracheal tube through the tube of a properly positioned laryngeal mask airway.
- Demand for Minimally invasive procedure: There is increase in use of minimally invasive procedures by the patients as its consumes less time and does not require any admission or long-stays at hospitals or other healthcare facilities. The transition to minimally invasive surgeries has led to the increased employment of laryngeal masks, which are considered to be a safer mode of as opposed to the conventional endotracheal tubes.
- Development of pediatric laryngeal mask: In recent years, the global laryngeal mask market has grown considerably due to innovations in pediatric laryngeal mask devices. During general anesthesia, laryngeal masks are fitted to a patient to maintain the airway without resorting to tracheal intubation for adults. Until recently, this equipment had mainly adult sizes thus, making it difficult to use on younger patients. All this changed when some companies began producing small sized laryngeal masks specifically for use by newborn babies, infants, and young children. This opened up opportunities for a wider range of patients and elevated the demand significantly.
- Collaboration and Partnership: Strategic partnerships between manufacturers and healthcare providers can enhance market reach and product offerings, particularly in underserved regions. For instance, the company such as Ambu is focusing on entering partnership with healthcare providers in developing countries which increases the demand of the product.
- Education and Training Programs: The demand for laryngeal mask training for healthcare personnel is increasing hence giving rise to chances for companies to come up with educational and workshop aids. For example, resuscitation councils advocate the use of the laryngeal mask airway (LMA) by paramedics during airway lifesaving procedures. The project sought to develop a training program where student paramedics are equipped with the basic knowledge and practical skills of LMA insertion but no less importantly the maintenance of such skills.
- Growing Inclination Toward Home Healthcare: The World Health Organization (WHO) defines home-based care as a series of services, including psychosocial, physical, or palliative care activities, provided to people in their homes. A shift from long-term facilities, inpatient rehabilitation, and skilled nursing facilities to home care settings results in greater chances of better, consistent, and timely interaction between patient and doctor owing to the growing prominence of cloud and mobility-driven medical devices.
- Demand for reusable masks: The increasing penetration of single-use laryngeal masks is expected to present huge potential for growth in the global laryngeal mask market over the forecast period. It is evidenced that there has been a growing tendency among the healthcare professionals across the world towards the adoption of single use laryngeal masks rather than conventional reusable laryngeal masks. The acceleration of this change comes as a result of several reasons. Single-use laryngeal masks minimize the risk of cross contamination and more importantly - eliminate the waiting period between the procedures since there is no need for high level disinfection or sterilization processes.
- Rising number of ASCs: The increasing incidence of outpatient surgical clinics across the globe is one of the factors propelling the growth of the global laryngeal mask market. There has been a remarkable rise in the number of ASCs across the globe in the recent ten years since ASCs are much more convenient and cheaper than performing outpatient services in a hospital. ASCs come with significant benefits such as shorter waiting times, personalized care, and avoidance of hospital or healthcare-associated infections.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Laryngeal Mask Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Laryngeal Mask Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Players operating in the market are Ambu, GE Healthcare, Medline, BD, Teleflex Inc, Cardinal health, Intersurgical, and Dynarex Corp
Disposable segment, by type, dominated the market in 2023.
North America region dominated the Laryngeal Mask market in 2023.
The Laryngeal Mask Market is estimated to witness a CAGR of 8.9% from 2023 to 2031
The major factors driving the Laryngeal Mask market are:
1. Rising Incidence of Respiratory Disorders
2. Technological Advancements
Demand for reusable masks act as a opportunity for growth of the market in forecast period.
1.1. SCOPE OF STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
2. KEY TAKEAWAYS
3. LARYNGEAL MASK MARKET LANDSCAPE
3.1. MARKET OVERVIEW
3.2. MARKET SEGMENTATION
3.2.1. Laryngeal Mask Market - By Type
3.2.2. Laryngeal Mask Market - By End User
3.2.3. Laryngeal Mask Market - By Region
3.2.3.1. By Country
3.3. PEST ANALYSIS
3.3.1. North America - PEST Analysis
3.3.2. Europe - PEST Analysis
3.3.3. Asia Pacific - PEST Analysis
3.3.4. Middle East and Africa - PEST Analysis
3.3.5. South and Central America- PEST Analysis
4. LARYNGEAL MASK MARKET - KEY INDUSTRY DYNAMICS
4.1. KEY MARKET DRIVERS
4.2. KEY MARKET RESTRAINTS
4.3. KEY MARKET OPPORTUNITIES
4.4. FUTURE TRENDS
4.5. IMPACT ANALYSIS
5. LARYNGEAL MASK MARKET - GLOBAL ANALYSIS
5.1. GLOBAL LARYNGEAL MASK MARKET OVERVIEW
5.2. GLOBAL LARYNGEAL MASK MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
5.3. MARKET POSITIONING/MARKET SHARE
5.4. PERFORMANCE OF KEY PLAYERS
5.5. EXPERT OPINIONS
6. LARYNGEAL MASK MARKET- GLOBAL REGULATORY SCENARIO
6.1. OVERVIEW
6.2. NORTH AMERICA
6.3. EUROPE
6.4. ASIA PACIFIC
6.5. MIDDLE EAST & AFRICA
6.6. SOUTH AND CENTRAL AMERICA
7. LARYNGEAL MASK MARKET REVENUE AND FORECASTS TO 2028 - BY TYPE
7.1. OVERVIEW
7.2. TYPE MARKET REVENUE AND FORECASTS ANALYSIS (US$ MN)
7.3. REUSABLE MARKET
7.3.1. Overview
7.3.2. Reusable Market Revenue Forecasts and Analysis (US$ Mn)
7.4. DISPOSABLE MARKET
7.4.1. Overview
7.4.2. Disposable Market Revenue Forecasts and Analysis (US$ Mn)
8. LARYNGEAL MASK MARKET REVENUE AND FORECASTS TO 2028 - BY END USER
8.1. OVERVIEW
8.2. END USER MARKET REVENUE AND FORECASTS ANALYSIS (US$ MN)
8.3. HOSPITALS MARKET
8.3.1. Overview
8.3.2. Hospitals Market Revenue Forecasts and Analysis (US$ Mn)
8.4. CLINICS MARKET
8.4.1. Overview
8.4.2. Clinics Market Revenue Forecasts and Analysis (US$ Mn)
8.5. OTHER END USERS MARKET
8.5.1. Overview
8.5.2. Other End Users Market Revenue Forecasts and Analysis (US$ Mn)
9. NORTH AMERICA LARYNGEAL MASK MARKET REVENUE AND FORECASTS TO 2028 - COUNTRY ANALYSIS
9.1. NORTH AMERICA LARYNGEAL MASK MARKET OVERVIEW
9.2. NORTH AMERICA LARYNGEAL MASK MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
9.3. NORTH AMERICA LARYNGEAL MASK MARKET REVENUE AND FORECASTS ANALYSIS - BY TYPE (US$ MN)
9.4. NORTH AMERICA LARYNGEAL MASK MARKET REVENUE AND FORECASTS ANALYSIS - BY END USER (US$ MN)
9.5. NORTH AMERICA LARYNGEAL MASK MARKET REVENUE AND FORECASTS ANALYSIS - BY COUNTRY (US$ MN)
9.6. US MARKET OVERVIEW
9.6.1. US Laryngeal Mask Market Revenue Forecasts and Analysis - By Type (US$ Mn)
9.6.2. US Laryngeal Mask Market Revenue Forecasts and Analysis - By End User (US$ Mn)
9.7. CANADA MARKET OVERVIEW
9.7.1. Canada Laryngeal Mask Market Revenue Forecasts and Analysis - By Type (US$ Mn)
9.7.2. Canada Laryngeal Mask Market Revenue Forecasts and Analysis - By End User (US$ Mn)
9.8. MEXICO MARKET OVERVIEW
9.8.1. Mexico Laryngeal Mask Market Revenue Forecasts and Analysis - By Type (US$ Mn)
9.8.2. Mexico Laryngeal Mask Market Revenue Forecasts and Analysis - By End User (US$ Mn)
10. EUROPE LARYNGEAL MASK MARKET REVENUE AND FORECASTS TO 2028 - COUNTRY ANALYSIS
10.1. EUROPE LARYNGEAL MASK MARKET OVERVIEW
10.2. EUROPE LARYNGEAL MASK MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
10.3. EUROPE LARYNGEAL MASK MARKET REVENUE AND FORECASTS ANALYSIS - BY TYPE (US$ MN)
10.4. EUROPE LARYNGEAL MASK MARKET REVENUE AND FORECASTS ANALYSIS - BY END USER (US$ MN)
10.5. EUROPE LARYNGEAL MASK MARKET REVENUE AND FORECASTS ANALYSIS - BY COUNTRY (US$ MN)
10.6. UK MARKET OVERVIEW
10.6.1. UK Laryngeal Mask Market Revenue Forecasts and Analysis - By Type (US$ Mn)
10.6.2. UK Laryngeal Mask Market Revenue Forecasts and Analysis - By End User (US$ Mn)
10.7. GERMANY MARKET OVERVIEW
10.7.1. Germany Laryngeal Mask Market Revenue Forecasts and Analysis - By Type (US$ Mn)
10.7.2. Germany Laryngeal Mask Market Revenue Forecasts and Analysis - By End User (US$ Mn)
10.8. FRANCE MARKET OVERVIEW
10.8.1. France Laryngeal Mask Market Revenue Forecasts and Analysis - By Type (US$ Mn)
10.8.2. France Laryngeal Mask Market Revenue Forecasts and Analysis - By End User (US$ Mn)
11. ASIA PACIFIC LARYNGEAL MASK MARKET REVENUE AND FORECASTS TO 2028 - COUNTRY ANALYSIS
11.1. ASIA PACIFIC LARYNGEAL MASK MARKET OVERVIEW
11.2. ASIA PACIFIC LARYNGEAL MASK MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
11.3. ASIA PACIFIC LARYNGEAL MASK MARKET REVENUE AND FORECASTS ANALYSIS - BY TYPE (US$ MN)
11.4. ASIA PACIFIC LARYNGEAL MASK MARKET REVENUE AND FORECASTS ANALYSIS - BY END USER (US$ MN)
11.5. ASIA PACIFIC LARYNGEAL MASK MARKET REVENUE AND FORECASTS ANALYSIS - BY COUNTRY (US$ MN)
11.6. JAPAN MARKET OVERVIEW
11.6.1. Japan Laryngeal Mask Market Revenue Forecasts and Analysis - By Type (US$ Mn)
11.6.2. Japan Laryngeal Mask Market Revenue Forecasts and Analysis - By End User (US$ Mn)
11.7. CHINA MARKET OVERVIEW
11.7.1. China Laryngeal Mask Market Revenue Forecasts and Analysis - By Type (US$ Mn)
11.7.2. China Laryngeal Mask Market Revenue Forecasts and Analysis - By End User (US$ Mn)
11.8. INDIA MARKET OVERVIEW
11.8.1. India Laryngeal Mask Market Revenue Forecasts and Analysis - By Type (US$ Mn)
11.8.2. India Laryngeal Mask Market Revenue Forecasts and Analysis - By End User (US$ Mn)
12. MIDDLE EAST AND AFRICA (MEA) LARYNGEAL MASK MARKET REVENUE AND FORECASTS TO 2028 - COUNTRY ANALYSIS
12.1. MIDDLE EAST AND AFRICA LARYNGEAL MASK MARKET OVERVIEW
12.2. MIDDLE EAST AND AFRICA LARYNGEAL MASK MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
12.3. MIDDLE EAST AND AFRICA LARYNGEAL MASK MARKET REVENUE AND FORECASTS ANALYSIS - BY TYPE (US$ MN)
12.4. MIDDLE EAST AND AFRICA LARYNGEAL MASK MARKET REVENUE AND FORECASTS ANALYSIS - BY END USER (US$ MN)
12.5. MIDDLE EAST AND AFRICA LARYNGEAL MASK MARKET REVENUE AND FORECASTS ANALYSIS - BY COUNTRY (US$ MN)
12.6. SOUTH AFRICA MARKET OVERVIEW
12.6.1. South Africa Laryngeal Mask Market Revenue Forecasts and Analysis - By Type (US$ Mn)
12.6.2. South Africa Laryngeal Mask Market Revenue Forecasts and Analysis - By End User (US$ Mn)
12.7. SAUDI ARABIA MARKET OVERVIEW
12.7.1. Saudi Arabia Laryngeal Mask Market Revenue Forecasts and Analysis - By Type (US$ Mn)
12.7.2. Saudi Arabia Laryngeal Mask Market Revenue Forecasts and Analysis - By End User (US$ Mn)
12.8. UAE MARKET OVERVIEW
12.8.1. UAE Laryngeal Mask Market Revenue Forecasts and Analysis - By Type (US$ Mn)
12.8.2. UAE Laryngeal Mask Market Revenue Forecasts and Analysis - By End User (US$ Mn)
13. SOUTH AND CENTRAL AMERICA LARYNGEAL MASK MARKET REVENUE AND FORECASTS TO 2028 - COUNTRY ANALYSIS
13.1. SOUTH AND CENTRAL AMERICA LARYNGEAL MASK MARKET OVERVIEW
13.2. SOUTH AND CENTRAL AMERICA LARYNGEAL MASK MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
13.3. SOUTH AND CENTRAL AMERICA LARYNGEAL MASK MARKET REVENUE AND FORECASTS ANALYSIS - BY TYPE (US$ MN)
13.4. SOUTH AND CENTRAL AMERICA LARYNGEAL MASK MARKET REVENUE AND FORECASTS ANALYSIS - BY END USER (US$ MN)
13.5. SOUTH AND CENTRAL AMERICA LARYNGEAL MASK MARKET REVENUE AND FORECASTS ANALYSIS - BY COUNTRY (US$ MN)
13.6. BRAZIL MARKET OVERVIEW
13.6.1. Brazil Laryngeal Mask Market Revenue Forecasts and Analysis - By Type (US$ Mn)
13.6.2. Brazil Laryngeal Mask Market Revenue Forecasts and Analysis - By End User (US$ Mn)
14. INDUSTRY LANDSCAPE
14.1. ORGANIC GROWTH STRATEGIES
14.1.1. New Product Launches
14.1.2. Marketing & Promotional Activities
14.2. INORGANIC GROWTH STRATEGIES
14.2.1. Partnerships, Collaborations, and Joint Ventures
14.2.2. Mergers & Acquisitions
15. LARYNGEAL MASK MARKET, KEY COMPANY PROFILES
15.1. AMBU A/S.
15.1.1. Key Facts
15.1.2. Business Description
15.1.3. Financial Overview
15.1.4. Product Portfolio
15.1.5. Product Pipeline
15.1.6. SWOT Analysis
15.1.7. Key Developments
15.2. TELEFLEX INCORPORATED
15.2.1. Key Facts
15.2.2. Business Description
15.2.3. Financial Overview
15.2.4. Product Portfolio
15.2.5. Product Pipeline
15.2.6. SWOT Analysis
15.2.7. Key Developments
15.3. INTERSURGICAL LTD
15.3.1. Key Facts
15.3.2. Business Description
15.3.3. Financial Overview
15.3.4. Product Portfolio
15.3.5. Product Pipeline
15.3.6. SWOT Analysis
15.3.7. Key Developments
15.4. MEDLINE INDUSTRIES, INC.
15.4.1. Key Facts
15.4.2. Business Description
15.4.3. Financial Overview
15.4.4. Product Portfolio
15.4.5. Product Pipeline
15.4.6. SWOT Analysis
15.4.7. Key Developments
15.5. MEDTRONIC
15.5.1. Key Facts
15.5.2. Business Description
15.5.3. Financial Overview
15.5.4. Product Portfolio
15.5.5. Product Pipeline
15.5.6. SWOT Analysis
15.5.7. Key Developments
15.6. KINDWELL MEDICAL
15.6.1. Business Description
15.6.2. Financial Overview
15.6.3. Product Portfolio
15.6.4. Product Pipeline
15.6.5. SWOT Analysis
15.6.6. Key Developments
15.7. LEGEND MEDICAL DEVICES, INC.
15.7.1. Key Facts
15.7.2. Business Description
15.7.3. Financial Overview
15.7.4. Product Portfolio
15.7.5. Product Pipeline
15.7.6. SWOT Analysis
15.7.7. Key Developments
15.8. BESMED HEALTH BUSINESS CORP.
15.8.1. Key Facts
15.8.2. Business Description
15.8.3. Financial Overview
15.8.4. Product Portfolio
15.8.5. Product Pipeline
15.8.6. SWOT Analysis
15.8.7. Key Developments
15.9. ASID BONZ GMBH
15.9.1. Key Facts
15.9.2. Business Description
15.9.3. Financial Overview
15.9.4. Product Portfolio
15.9.5. Product Pipeline
15.9.6. SWOT Analysis
15.9.7. Key Developments
15.10. VOGT MEDICAL
15.10.1. Key Facts
15.10.2. Business Description
15.10.3. Financial Overview
15.10.4. Product Portfolio
15.10.5. Product Pipeline
15.10.6. SWOT Analysis
15.10.7. Key Developments
16. APPENDIX
16.1. ABOUT THE INSIGHT PARTNERS
16.2. GLOSSARY OF TERMS
16.3. RESEARCH METHODOLOGY
1. Ambu A/S.
2. Teleflex Incorporated
3. Intersurgical Ltd
4. Medline Industries, Inc.
5. Medtronic
6. KindWell Medical
7. Legend Medical Devices, Inc.
8. Besmed Health Business Corp.
9. ASID BONZ GmbH
10. VOGT 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.
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A typical research interview fulfils the following functions:
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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:
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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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