Magnetotherapy Machine Market Forecast and Scope - 2031
The Magnetotherapy Machine Market is expected to register a CAGR of 6.6% 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 Product (Magnetostatic Therapy, Dynamic Magnetic Therapy). The report is segmented by Application (Homecare, Hospital and Clinic, Laboratory) . 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 Magnetotherapy Machine 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.
Magnetotherapy Machine Market Segmentation
Product- Magnetostatic Therapy
- Dynamic Magnetic Therapy
- Homecare
- Hospital and Clinic
- Laboratory
Strategic Insights
Magnetotherapy Machine Market Growth Drivers- The incidence of chronic diseases: Increasing incidence of chronic diseases like arthritis, back pain, joint disorders, musculoskeletal pain, etc., is one of the biggest pushes to the market for magnetotherapy machines. Also, rising ageing population and lifestyle diseases will, in the future, increase demand for alternative therapeutic solutions that are noninvasive. Magnetotherapy is increasingly believed to relieve chronic pain and restore mobility without drugs or invasive treatments.
- Adopting More Non-Invasive Treatments: Keeping such factors in consideration, non-invasive therapies such as magnetotherapy have begun to gain their importance in a world thronging with healthcare systems that are brought to the place of reducing their side effects and risks that come by taking pharmaceuticals. Patients and healthcare providers are much more prepared than any earlier time to lose their medications and offer alternative avenues toward pain management and inflammation by these alternatives. Magnetotherapy provides a very safe, use-credible alternative to common pain relief measures such as painkillers, making it an option favored by patients seeking a more holistic or complementary approach to their health problems.
- Technological Advancement in Magnetic Field Therapy: The manufacture of magnetotherapy machinery with better designs, efficiency, and ease of use has turned out to be one of the other important fires that fuel the marketing boom. Magnetotherapy machines are also portables, can be personalized, and deliver higher quality magnetic fields. Other digital aspects are, for example, app-controlled settings, personalized treatment programs, and real-time monitoring, making these devices very enticing for both the clinician and the patient.
- Integration with Wearable Technology: Evermore, implantable health related devices, such as hearing aids, are reaching and finding means of entering the magnetotherapy market. Indeed, these portable magnetotherapy devices like bracelets, insoles or even wraps, are being adopted all over because of their simplicity and comfort in use. Therefore, patients will be transformed into therapy while leading their normal daily lives. This is something to pick up pace in the future with advancement in technology, as wearables will progress in sophistication as well as affordability.
- Personalization in Magnetic Field Therapy: As AI has evolved, personalization of magnetotherapy is increasingly happening. What is newer is unique kinds of magnetic field settings based on health conditions per patient, specific pain levels, or progress made during treatment. Characteristics of AI algorithms have enabled management of therapy depending on sensor data from embedded sensors within the devices, bringing about anticipated improvement via the strategy in terms of effectiveness of magnetotherapy treatment and improvement in patient outcomes.
- The Expanded Applications of Magnetotherapy Besides Pain Applications: Magnetotherapy, given that it has conventionally dealt with pain-based issues, is currently also making inroads into new horizons in terms of these areas which include: wound healing, sports recovery, and even cosmetic dermatology. Such research has and will embrace the area of application known as magnetic field therapy for improving skin regeneration and alleviating inflammation in order to hasten its healing post-surgery or injury. This brings new class of applications into the market, which will open up new segments and offer a diverse customer base.
- Collaboration in the Fitness and Sports Industry: The Fitness and Sports have been appropriately ushering along some really bright current future business for any magnetotherapy manufacturer. New Consumer types are straddling these divisions between athletes and fitness freaks, injury victims drawing quality bearing therapies making expedient speed in recovery processes while improving performance up to performing usual activities and workouts. For the types of above: mentioned individuals, portable magnetotherapy machines, especially for postural recovery, have good future market prospects. Most important, however, will be collaborations with gyms, clinics, and fitness centers to take advantage of the market penetration.
- Integration with Digital Health: Their magnetotherapy machines can also be integrated with the digital health platforms. As patients' care processes are being gradually enveloped in digital health, they can easily be linked through mobile applications or cloud: based systems on progress and treatment outcome monitoring, as well as sharing information from patients with health care providers. This digital medium will also strengthen patient engagement and therapeutic outcomes. New revenue mechanisms may be developed by manufacturers through subscription services or data analysis solutions.
- Venturing into Aesthetic and Anti-aging Markets: Using magnetotherapy in the therapeutic aesthetic and anti: aging applications may well be the new horizon that brings the business into new opportunities for development. There are ongoing studies on the use of magnetic field therapy to improve skin conditions, in wrinkle reduction, and skin toning. Magnetic therapy thus turns out to be one of the most promising noninvasive modalities for the ever: increasing worldwide demand for antiaging therapies. Collaboration will be one of the channels manufacturers may explore by approaching cosmetic
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Magnetotherapy Machine 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 Magnetotherapy Machine 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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Frequently Asked Questions
Players operating in the market are Celtic SMR, BTL Corporate, EMD Medical Technologies, Iskra Medical, Curatronic Ltd., Swiss Bionic Solutions Holding GmbH, BEMER, Asalaser, Globus Italia, Physiomed
Magnetostatic Therapy segment, by product, dominated the market in 2023.
North America region dominated the Magnetotherapy Machine market in 2023.
Venturing into Aesthetic and Anti-aging Markets act as a opportunity for growth of the market in forecast period.
The Magnetotherapy Machine Market is estimated to witness a CAGR of 6.6% from 202#to 2031
The major factors driving the Magnetotherapy Machine market are:
1. Adopting More Non-Invasive Treatments
2. Technological Advancement in Magnetic Field Therapy
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Magnetotherapy Machine Market - By Product
1.3.2 Magnetotherapy Machine Market - By Application
1.3.3 Magnetotherapy Machine Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MAGNETOTHERAPY MACHINE 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. MAGNETOTHERAPY MACHINE 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. MAGNETOTHERAPY MACHINE MARKET - GLOBAL MARKET ANALYSIS
6.1. MAGNETOTHERAPY MACHINE - GLOBAL MARKET OVERVIEW
6.2. MAGNETOTHERAPY MACHINE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. MAGNETOTHERAPY MACHINE MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. MAGNETOSTATIC THERAPY
7.3.1. Overview
7.3.2. Magnetostatic Therapy Market Forecast and Analysis
7.4. DYNAMIC MAGNETIC THERAPY
7.4.1. Overview
7.4.2. Dynamic Magnetic Therapy Market Forecast and Analysis
8. MAGNETOTHERAPY MACHINE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. HOMECARE
8.3.1. Overview
8.3.2. Homecare Market Forecast and Analysis
8.4. HOSPITAL AND CLINIC
8.4.1. Overview
8.4.2. Hospital and Clinic Market Forecast and Analysis
8.5. LABORATORY
8.5.1. Overview
8.5.2. Laboratory Market Forecast and Analysis
9. MAGNETOTHERAPY MACHINE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Magnetotherapy Machine Market Overview
9.1.2 North America Magnetotherapy Machine Market Forecasts and Analysis
9.1.3 North America Magnetotherapy Machine Market Forecasts and Analysis - By Product
9.1.4 North America Magnetotherapy Machine Market Forecasts and Analysis - By Application
9.1.5 North America Magnetotherapy Machine Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Magnetotherapy Machine Market
9.1.5.1.1 Canada Magnetotherapy Machine Market by Product
9.1.5.1.2 Canada Magnetotherapy Machine Market by Application
9.1.5.2 Mexico Magnetotherapy Machine Market
9.1.5.2.1 Mexico Magnetotherapy Machine Market by Product
9.1.5.2.2 Mexico Magnetotherapy Machine Market by Application
9.1.5.3 US Magnetotherapy Machine Market
9.1.5.3.1 US Magnetotherapy Machine Market by Product
9.1.5.3.2 US Magnetotherapy Machine Market by Application
9.2. EUROPE
9.2.1 Europe Magnetotherapy Machine Market Overview
9.2.2 Europe Magnetotherapy Machine Market Forecasts and Analysis
9.2.3 Europe Magnetotherapy Machine Market Forecasts and Analysis - By Product
9.2.4 Europe Magnetotherapy Machine Market Forecasts and Analysis - By Application
9.2.5 Europe Magnetotherapy Machine Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Magnetotherapy Machine Market
9.2.5.1.1 Germany Magnetotherapy Machine Market by Product
9.2.5.1.2 Germany Magnetotherapy Machine Market by Application
9.2.5.2 France Magnetotherapy Machine Market
9.2.5.2.1 France Magnetotherapy Machine Market by Product
9.2.5.2.2 France Magnetotherapy Machine Market by Application
9.2.5.3 Italy Magnetotherapy Machine Market
9.2.5.3.1 Italy Magnetotherapy Machine Market by Product
9.2.5.3.2 Italy Magnetotherapy Machine Market by Application
9.2.5.4 Spain Magnetotherapy Machine Market
9.2.5.4.1 Spain Magnetotherapy Machine Market by Product
9.2.5.4.2 Spain Magnetotherapy Machine Market by Application
9.2.5.5 United Kingdom Magnetotherapy Machine Market
9.2.5.5.1 United Kingdom Magnetotherapy Machine Market by Product
9.2.5.5.2 United Kingdom Magnetotherapy Machine Market by Application
9.2.5.6 Rest of Europe Magnetotherapy Machine Market
9.2.5.6.1 Rest of Europe Magnetotherapy Machine Market by Product
9.2.5.6.2 Rest of Europe Magnetotherapy Machine Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Magnetotherapy Machine Market Overview
9.3.2 Asia-Pacific Magnetotherapy Machine Market Forecasts and Analysis
9.3.3 Asia-Pacific Magnetotherapy Machine Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Magnetotherapy Machine Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Magnetotherapy Machine Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Magnetotherapy Machine Market
9.3.5.1.1 Australia Magnetotherapy Machine Market by Product
9.3.5.1.2 Australia Magnetotherapy Machine Market by Application
9.3.5.2 China Magnetotherapy Machine Market
9.3.5.2.1 China Magnetotherapy Machine Market by Product
9.3.5.2.2 China Magnetotherapy Machine Market by Application
9.3.5.3 India Magnetotherapy Machine Market
9.3.5.3.1 India Magnetotherapy Machine Market by Product
9.3.5.3.2 India Magnetotherapy Machine Market by Application
9.3.5.4 Japan Magnetotherapy Machine Market
9.3.5.4.1 Japan Magnetotherapy Machine Market by Product
9.3.5.4.2 Japan Magnetotherapy Machine Market by Application
9.3.5.5 South Korea Magnetotherapy Machine Market
9.3.5.5.1 South Korea Magnetotherapy Machine Market by Product
9.3.5.5.2 South Korea Magnetotherapy Machine Market by Application
9.3.5.6 Rest of Asia-Pacific Magnetotherapy Machine Market
9.3.5.6.1 Rest of Asia-Pacific Magnetotherapy Machine Market by Product
9.3.5.6.2 Rest of Asia-Pacific Magnetotherapy Machine Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Magnetotherapy Machine Market Overview
9.4.2 Middle East and Africa Magnetotherapy Machine Market Forecasts and Analysis
9.4.3 Middle East and Africa Magnetotherapy Machine Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Magnetotherapy Machine Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Magnetotherapy Machine Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Magnetotherapy Machine Market
9.4.5.1.1 South Africa Magnetotherapy Machine Market by Product
9.4.5.1.2 South Africa Magnetotherapy Machine Market by Application
9.4.5.2 Saudi Arabia Magnetotherapy Machine Market
9.4.5.2.1 Saudi Arabia Magnetotherapy Machine Market by Product
9.4.5.2.2 Saudi Arabia Magnetotherapy Machine Market by Application
9.4.5.3 U.A.E Magnetotherapy Machine Market
9.4.5.3.1 U.A.E Magnetotherapy Machine Market by Product
9.4.5.3.2 U.A.E Magnetotherapy Machine Market by Application
9.4.5.4 Rest of Middle East and Africa Magnetotherapy Machine Market
9.4.5.4.1 Rest of Middle East and Africa Magnetotherapy Machine Market by Product
9.4.5.4.2 Rest of Middle East and Africa Magnetotherapy Machine Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Magnetotherapy Machine Market Overview
9.5.2 South and Central America Magnetotherapy Machine Market Forecasts and Analysis
9.5.3 South and Central America Magnetotherapy Machine Market Forecasts and Analysis - By Product
9.5.4 South and Central America Magnetotherapy Machine Market Forecasts and Analysis - By Application
9.5.5 South and Central America Magnetotherapy Machine Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Magnetotherapy Machine Market
9.5.5.1.1 Brazil Magnetotherapy Machine Market by Product
9.5.5.1.2 Brazil Magnetotherapy Machine Market by Application
9.5.5.2 Argentina Magnetotherapy Machine Market
9.5.5.2.1 Argentina Magnetotherapy Machine Market by Product
9.5.5.2.2 Argentina Magnetotherapy Machine Market by Application
9.5.5.3 Rest of South and Central America Magnetotherapy Machine Market
9.5.5.3.1 Rest of South and Central America Magnetotherapy Machine Market by Product
9.5.5.3.2 Rest of South and Central America Magnetotherapy Machine Market by Application
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. MAGNETOTHERAPY MACHINE MARKET, KEY COMPANY PROFILES
11.1. CELTIC SMR
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. BTL CORPORATE
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. EMD MEDICAL TECHNOLOGIES
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. ISKRA MEDICAL
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. CURATRONIC LTD.
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. SWISS BIONIC SOLUTIONS HOLDING GMBH
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. BEMER
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. ASALASER
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. GLOBUS ITALIA
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. PHYSIOMED
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. Celtic SMR
2. BTL Corporate
3. EMD Medical Technologies
4. Iskra Medical
5. Curatronic Ltd.
6. Swiss Bionic Solutions Holding GmbH
7. BEMER
8. Asalaser
9. Globus Italia
10. Physiomed
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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