The Minimally Invasive Neurosurgery Device Market is expected to register a CAGR of 6.5% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Device ( Surgical Devices, Monitoring and visualization devices, and Endoscopy Devices ); Surgery ( Urological, Vascular, Cardiac, Gynecological, Gastrointestinal, Cosmetic, Bariatric, Thoracic, Breast, and Orthopedic Surgeries). The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Minimally Invasive Neurosurgery Device 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.
Minimally Invasive Neurosurgery Device Market Segmentation
Device- Surgical Devices
- Monitoring and visualization devices
- Endoscopy Devices
- Urological
- Vascular
- Cardiac
- Gynecological
- Gastrointestinal
- Cosmetic
- Bariatric
- Thoracic
- Breast
- Orthopedic Surgeries
Strategic Insights
Minimally Invasive Neurosurgery Device Market Growth Drivers- Increasing incidence of neurological disorders: increasing incidence of neurological disorders such as brain tumor, stroke, and neurodegenerative diseases. These conditions require high precision and minimal damage to the other surrounding tissues of the surgical process, thereby developing and incorporating advanced minimally invasive technologies. This in turn exhibits an ever-growing need in neurosurgery for excellent treatment with minimal invasion.
- Increased Awareness and Acceptance: Higher demands for advanced minimally invasive neurosurgery among patients and healthcare providers drive the business forward. As more patients and physicians recognize the benefits from this approach, including less recovery time, fewer complications, and smaller wounds, demand increases. Improved outcomes and quality of life promote broader acceptance, making the environment more welcoming to new advanced minimally invasive neurosurgery devices.
- Increasing Demand for Outpatient Procedures: There is an increasing preference for outpatient or ambulatory minimally invasive neurosurgical procedures. It is driven by these advances in surgical technique combined with anesthesia that allow faster recovery and fewer complications, thereby decreasing the time patients are required to stay in the hospital.
- Technological innovation: Continued innovations in robotics, advanced imaging modalities including intraoperative MRI and CT and navigation systems enhance the precision and safety of performing minimally invasive neurosurgery. With such advancements, surgeons would accomplish more complex cases with greater accuracy and less trauma to surrounding tissues.
- Specialized training and educational programs for surgeons: The market for minimally invasive neurosurgery devices is seeing a new trend in specialized surgeon training and educational programs. It involves the teaching of advanced techniques for the use of robotic-assisted systems, detailed navigation procedures, and interpretation of intraoperative imaging. Such programs will give neurosurgeons the ability to use novel devices and increase the rate of adoption of minimally invasive procedures.
- Expansion in application: Minimally invasive techniques are increasingly applied to broader neurosurgical procedures beyond brain tumors and spine surgeries, hence the traditional application of minimally invasive techniques. It now encompasses procedures in treating conditions such as epilepsy, movement disorders, and vascular abnormalities, thereby widening the market for the minimally invasive neurosurgery devices.
- Collaborative Research and Development: The collaborative research and development opportunity that exists in the minimally invasive neurosurgery devices market will be in partnerships between device manufacturers, research institutes, and health care providers who innovate new technologies. Thus, the strategic focus areas of collaboration will lie in enhancing surgical precision, advanced imaging and navigation systems, and improving ergonomics and other features of devices. These collaborations work toward faster-coming developments of safer, more effective devices to handle the changing requirements of neurosurgeons and their patients.
- The landscape of regulations and reimbursement: approval in the regulation and reimbursement process can be an important uptake step for minimally invasive neurosurgery devices. However, further reforms in regulatory processes and increased coverage of reimbursement for these technologies will help grow the market further.
- Market Penetration in Emerging Markets: Emerging markets offer vast scope for the development of devices related to minimally invasive neurosurgery, as the advancement and development of healthcare infrastructure, healthcare expenditure, and awareness of high-end medical technologies are all gaining momentum. It is likely to boost market extension and revenue growth opportunity for the equipment manufacturers.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Minimally Invasive Neurosurgery Device 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 Minimally Invasive Neurosurgery Device 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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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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Frequently Asked Questions
The Minimally Invasive Neurosurgery Device Market is estimated to witness a CAGR of 6.5% from 2023 to 2031
The major factors driving the minimally invasive neurosurgery devices market are:
1.Increasing Incidence of Neurological Disorders
2. Increased Awareness and Acceptance
3. Growing Demand for Outpatient Procedures
North America region dominated the minimally invasive neurosurgery devices market in 2023
Asia Pacific region dominated the minimally invasive neurosurgery devices market in 2023
Karl Storz GmbH & Co. KG, NICO Corp, Olympus Corporation, Medtronic, Conmed Corporation, Smith & Nephew Plc, Abbott Laboratories, Inc, GE Healthcare, NuVasive, Inc, ArthroCare Corporation are some of the major market players operating in the market
The Surgical Devices segment accounts for highest revenue in device sgement in 2023
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Minimally Invasive Neurosurgery Device Market - By Device
1.3.2 Minimally Invasive Neurosurgery Device Market - By Surgery
1.3.3 Minimally Invasive Neurosurgery Device Market - By Region
1.3.3.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. MINIMALLY INVASIVE NEUROSURGERY DEVICE 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. MINIMALLY INVASIVE NEUROSURGERY DEVICE 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. MINIMALLY INVASIVE NEUROSURGERY DEVICE MARKET - GLOBAL MARKET ANALYSIS
6.1. MINIMALLY INVASIVE NEUROSURGERY DEVICE - GLOBAL MARKET OVERVIEW
6.2. MINIMALLY INVASIVE NEUROSURGERY DEVICE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. MINIMALLY INVASIVE NEUROSURGERY DEVICE MARKET - REVENUE AND FORECASTS TO 2028 - DEVICE
7.1. OVERVIEW
7.2. DEVICE MARKET FORECASTS AND ANALYSIS
7.3. SURGICAL DEVICES
7.3.1. Overview
7.3.2. Surgical Devices Market Forecast and Analysis
7.4. MONITORING AND VISUALIZATION DEVICES
7.4.1. Overview
7.4.2. Monitoring and visualization devices Market Forecast and Analysis
7.5. AND ENDOSCOPY DEVICES
7.5.1. Overview
7.5.2. and Endoscopy Devices Market Forecast and Analysis
8. MINIMALLY INVASIVE NEUROSURGERY DEVICE MARKET - REVENUE AND FORECASTS TO 2028 - SURGERY
8.1. OVERVIEW
8.2. SURGERY MARKET FORECASTS AND ANALYSIS
8.3. UROLOGICAL
8.3.1. Overview
8.3.2. Urological Market Forecast and Analysis
8.4. VASCULAR
8.4.1. Overview
8.4.2. Vascular Market Forecast and Analysis
8.5. CARDIAC
8.5.1. Overview
8.5.2. Cardiac Market Forecast and Analysis
8.6. GYNECOLOGICAL
8.6.1. Overview
8.6.2. Gynecological Market Forecast and Analysis
8.7. GASTROINTESTINAL
8.7.1. Overview
8.7.2. Gastrointestinal Market Forecast and Analysis
8.8. COSMETIC
8.8.1. Overview
8.8.2. Cosmetic Market Forecast and Analysis
8.9. BARIATRIC
8.9.1. Overview
8.9.2. Bariatric Market Forecast and Analysis
8.10. THORACIC
8.10.1. Overview
8.10.2. Thoracic Market Forecast and Analysis
8.11. BREAST
8.11.1. Overview
8.11.2. Breast Market Forecast and Analysis
8.12. AND ORTHOPEDIC SURGERIES
8.12.1. Overview
8.12.2. and Orthopedic Surgeries Market Forecast and Analysis
9. MINIMALLY INVASIVE NEUROSURGERY DEVICE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Minimally Invasive Neurosurgery Device Market Overview
9.1.2 North America Minimally Invasive Neurosurgery Device Market Forecasts and Analysis
9.1.3 North America Minimally Invasive Neurosurgery Device Market Forecasts and Analysis - By Device
9.1.4 North America Minimally Invasive Neurosurgery Device Market Forecasts and Analysis - By Surgery
9.1.5 North America Minimally Invasive Neurosurgery Device Market Forecasts and Analysis - By Countries
9.1.5.1 United States Minimally Invasive Neurosurgery Device Market
9.1.5.1.1 United States Minimally Invasive Neurosurgery Device Market by Device
9.1.5.1.2 United States Minimally Invasive Neurosurgery Device Market by Surgery
9.1.5.2 Canada Minimally Invasive Neurosurgery Device Market
9.1.5.2.1 Canada Minimally Invasive Neurosurgery Device Market by Device
9.1.5.2.2 Canada Minimally Invasive Neurosurgery Device Market by Surgery
9.1.5.3 Mexico Minimally Invasive Neurosurgery Device Market
9.1.5.3.1 Mexico Minimally Invasive Neurosurgery Device Market by Device
9.1.5.3.2 Mexico Minimally Invasive Neurosurgery Device Market by Surgery
9.1.5.4 US Minimally Invasive Neurosurgery Device Market
9.1.5.4.1 US Minimally Invasive Neurosurgery Device Market by Device
9.1.5.4.2 US Minimally Invasive Neurosurgery Device Market by Surgery
9.2. EUROPE
9.2.1 Europe Minimally Invasive Neurosurgery Device Market Overview
9.2.2 Europe Minimally Invasive Neurosurgery Device Market Forecasts and Analysis
9.2.3 Europe Minimally Invasive Neurosurgery Device Market Forecasts and Analysis - By Device
9.2.4 Europe Minimally Invasive Neurosurgery Device Market Forecasts and Analysis - By Surgery
9.2.5 Europe Minimally Invasive Neurosurgery Device Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Minimally Invasive Neurosurgery Device Market
9.2.5.1.1 Germany Minimally Invasive Neurosurgery Device Market by Device
9.2.5.1.2 Germany Minimally Invasive Neurosurgery Device Market by Surgery
9.2.5.2 France Minimally Invasive Neurosurgery Device Market
9.2.5.2.1 France Minimally Invasive Neurosurgery Device Market by Device
9.2.5.2.2 France Minimally Invasive Neurosurgery Device Market by Surgery
9.2.5.3 Italy Minimally Invasive Neurosurgery Device Market
9.2.5.3.1 Italy Minimally Invasive Neurosurgery Device Market by Device
9.2.5.3.2 Italy Minimally Invasive Neurosurgery Device Market by Surgery
9.2.5.4 Spain Minimally Invasive Neurosurgery Device Market
9.2.5.4.1 Spain Minimally Invasive Neurosurgery Device Market by Device
9.2.5.4.2 Spain Minimally Invasive Neurosurgery Device Market by Surgery
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Minimally Invasive Neurosurgery Device Market Overview
9.3.2 Asia-Pacific Minimally Invasive Neurosurgery Device Market Forecasts and Analysis
9.3.3 Asia-Pacific Minimally Invasive Neurosurgery Device Market Forecasts and Analysis - By Device
9.3.4 Asia-Pacific Minimally Invasive Neurosurgery Device Market Forecasts and Analysis - By Surgery
9.3.5 Asia-Pacific Minimally Invasive Neurosurgery Device Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Minimally Invasive Neurosurgery Device Market
9.3.5.1.1 Australia Minimally Invasive Neurosurgery Device Market by Device
9.3.5.1.2 Australia Minimally Invasive Neurosurgery Device Market by Surgery
9.3.5.2 China Minimally Invasive Neurosurgery Device Market
9.3.5.2.1 China Minimally Invasive Neurosurgery Device Market by Device
9.3.5.2.2 China Minimally Invasive Neurosurgery Device Market by Surgery
9.3.5.3 India Minimally Invasive Neurosurgery Device Market
9.3.5.3.1 India Minimally Invasive Neurosurgery Device Market by Device
9.3.5.3.2 India Minimally Invasive Neurosurgery Device Market by Surgery
9.3.5.4 Japan Minimally Invasive Neurosurgery Device Market
9.3.5.4.1 Japan Minimally Invasive Neurosurgery Device Market by Device
9.3.5.4.2 Japan Minimally Invasive Neurosurgery Device Market by Surgery
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Minimally Invasive Neurosurgery Device Market Overview
9.4.2 Middle East and Africa Minimally Invasive Neurosurgery Device Market Forecasts and Analysis
9.4.3 Middle East and Africa Minimally Invasive Neurosurgery Device Market Forecasts and Analysis - By Device
9.4.4 Middle East and Africa Minimally Invasive Neurosurgery Device Market Forecasts and Analysis - By Surgery
9.4.5 Middle East and Africa Minimally Invasive Neurosurgery Device Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Minimally Invasive Neurosurgery Device Market
9.4.5.1.1 South Africa Minimally Invasive Neurosurgery Device Market by Device
9.4.5.1.2 South Africa Minimally Invasive Neurosurgery Device Market by Surgery
9.4.5.2 Saudi Arabia Minimally Invasive Neurosurgery Device Market
9.4.5.2.1 Saudi Arabia Minimally Invasive Neurosurgery Device Market by Device
9.4.5.2.2 Saudi Arabia Minimally Invasive Neurosurgery Device Market by Surgery
9.4.5.3 U.A.E Minimally Invasive Neurosurgery Device Market
9.4.5.3.1 U.A.E Minimally Invasive Neurosurgery Device Market by Device
9.4.5.3.2 U.A.E Minimally Invasive Neurosurgery Device Market by Surgery
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Minimally Invasive Neurosurgery Device Market Overview
9.5.2 South and Central America Minimally Invasive Neurosurgery Device Market Forecasts and Analysis
9.5.3 South and Central America Minimally Invasive Neurosurgery Device Market Forecasts and Analysis - By Device
9.5.4 South and Central America Minimally Invasive Neurosurgery Device Market Forecasts and Analysis - By Surgery
9.5.5 South and Central America Minimally Invasive Neurosurgery Device Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Minimally Invasive Neurosurgery Device Market
9.5.5.1.1 Brazil Minimally Invasive Neurosurgery Device Market by Device
9.5.5.1.2 Brazil Minimally Invasive Neurosurgery Device Market by Surgery
9.5.5.2 Argentina Minimally Invasive Neurosurgery Device Market
9.5.5.2.1 Argentina Minimally Invasive Neurosurgery Device Market by Device
9.5.5.2.2 Argentina Minimally Invasive Neurosurgery Device Market by Surgery
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. MINIMALLY INVASIVE NEUROSURGERY DEVICE MARKET, KEY COMPANY PROFILES
11.1. KARL STORZ GMBH AND CO. KG
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. NICO CORP
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. OLYMPUS CORPORATION
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. MEDTRONIC
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. CONMED CORPORATION
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. SMITH AND NEPHEW PLC
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. ABBOTT LABORATORIES, INC
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. GE HEALTHCARE
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. NUVASIVE, INC
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. ARTHROCARE CORPORATION
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
- Karl Storz GmbH & Co. KG
- NICO Corp
- Olympus Corporation
- Medtronic
- Conmed Corporation
- Smith & Nephew Plc
- Abbott Laboratories, Inc
- GE Healthcare
- NuVasive, Inc
- ArthroCare Corporation
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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