Mobile Hospitals Market Key Findings by 2031
Mobile hospitals are medical units that can be moved easily. They are a small center that provides medical services to a patient who is injured. A mobile hospital is a modular clinic or hospital dispensary unit with every part on the wheel. Mobile hospitals provide resilient and viable options for treating isolated and unprotected groups and recently relocated residents. When synchronizing emergency response, medical organizations arrange for mobile healthcare teams to attend by several means of transport, including by foot. The surge for mobile hospitals has been increasing since the concept, and with growing disaster incidents and rising accidental emergency rates, it is further anticipated to grow. Furthermore, governments across various nations are increasing their funding toward mobile healthcare to help their people in their time of need, which will probably uplift the global mobile hospitals market during the forecast period.
MARKET SCOPE
The "Global Mobile Hospitals Market Analysis to 2031" is a specialized and in-depth study of the pharmaceutical industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Mobile hospitals market with detailed market segmentation by type, end use, and geography. The report provides key statistics on the market status of the leading Mobile hospitals market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global Mobile hospitals market is segmented into medical centers, mini hospitals.
- On the basis of end use, the market is segmented into cardiovascular, neurosurgery, laparoscopy surgery, emergency care, diagnostic imaging, others.
MARKET DYNAMICS
Drivers:
- Rise in the prevalence of COVID-19.
- Rise in the initiatives by government and private organizations to provide better healthcare facilities.
- Technological advancements.
- Growing need for cost-effective treatment.
- Rise in the demand of the telehealth.
- Increasing geriatric population.
Restraints:
- The low adoption due to lack of technological awareness among the people of undeveloped and developing countries is the major restraining factor for this market.
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 America. The Mobile hospitals 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 marketduring 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 Mobile hospitals market in these regions.
IMPACT OF COVID-19 ON MOBILE HOSPITALS 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. 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. Mobile hospitals exist as an untapped resource for the healthcare industry. The COVID-19 crisis has intensified its boundaries. Mobile hospitals across the world already play a significant, though under-appreciated, role in the healthcare system. It has made healthcare accessible even for displaced or isolated individuals. Mobile hospitals acted as a medical savior for people without easy access to hospitals during the ongoing COVID-19 pandemic. Healthcare experts and health IT developers were convinced that the use of mobile hospitals and their applications could significantly assist in monitoring and regulating the COVID-19 outbreak.
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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 America. The Mobile hospitals 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 marketduring 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 Mobile hospitals market in these regions.
IMPACT OF COVID-19 ON MOBILE HOSPITALS 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. 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. Mobile hospitals exist as an untapped resource for the healthcare industry. The COVID-19 crisis has intensified its boundaries. Mobile hospitals across the world already play a significant, though under-appreciated, role in the healthcare system. It has made healthcare accessible even for displaced or isolated individuals. Mobile hospitals acted as a medical savior for people without easy access to hospitals during the ongoing COVID-19 pandemic. Healthcare experts and health IT developers were convinced that the use of mobile hospitals and their applications could significantly assist in monitoring and regulating the COVID-19 outbreak.
MARKET PLAYERS
The report covers key developments in the Mobile hospitals 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 partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Mobile hospitals market are anticipated to lucrative growth opportunities in the future with the rising demand for Mobile hospitals in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Mobile hospitals 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.
- Alvo Medical Aspen Medical
- CGS Premier
- Saba Palaye
- Lamboo Medical
- Vanguard Healthcare Solutions
- Vetter GmbH
- U-PROJECT
- EMS Healthcare Ltd.
- La Clinica Health Centers
- Coastal Community Health Services
- 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 Mobile Hospitals Market - By Type
1.3.2 Mobile Hospitals Market - By End Use
1.3.3 Mobile Hospitals Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MOBILE HOSPITALS 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. MOBILE HOSPITALS 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. MOBILE HOSPITALS MARKET - GLOBAL MARKET ANALYSIS
6.1. MOBILE HOSPITALS - GLOBAL MARKET OVERVIEW
6.2. MOBILE HOSPITALS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. MOBILE HOSPITALS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. MEDICAL CENTERS
7.3.1. Overview
7.3.2. Medical Centers Market Forecast and Analysis
7.4. MINI HOSPITALS
7.4.1. Overview
7.4.2. Mini Hospitals Market Forecast and Analysis
8. MOBILE HOSPITALS MARKET - REVENUE AND FORECASTS TO 2028 - END USE
8.1. OVERVIEW
8.2. END USE MARKET FORECASTS AND ANALYSIS
8.3. CARDIOVASCULAR
8.3.1. Overview
8.3.2. Cardiovascular Market Forecast and Analysis
8.4. NEUROSURGERY
8.4.1. Overview
8.4.2. Neurosurgery Market Forecast and Analysis
8.5. LAPAROSCOPY SURGERY
8.5.1. Overview
8.5.2. Laparoscopy Surgery Market Forecast and Analysis
8.6. EMERGENCY CARE
8.6.1. Overview
8.6.2. Emergency Care Market Forecast and Analysis
8.7. DIAGNOSTIC IMAGING
8.7.1. Overview
8.7.2. Diagnostic Imaging Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. MOBILE HOSPITALS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Mobile Hospitals Market Overview
9.1.2 North America Mobile Hospitals Market Forecasts and Analysis
9.1.3 North America Mobile Hospitals Market Forecasts and Analysis - By Type
9.1.4 North America Mobile Hospitals Market Forecasts and Analysis - By End Use
9.1.5 North America Mobile Hospitals Market Forecasts and Analysis - By Countries
9.1.5.1 United States Mobile Hospitals Market
9.1.5.1.1 United States Mobile Hospitals Market by Type
9.1.5.1.2 United States Mobile Hospitals Market by End Use
9.1.5.2 Canada Mobile Hospitals Market
9.1.5.2.1 Canada Mobile Hospitals Market by Type
9.1.5.2.2 Canada Mobile Hospitals Market by End Use
9.1.5.3 Mexico Mobile Hospitals Market
9.1.5.3.1 Mexico Mobile Hospitals Market by Type
9.1.5.3.2 Mexico Mobile Hospitals Market by End Use
9.2. EUROPE
9.2.1 Europe Mobile Hospitals Market Overview
9.2.2 Europe Mobile Hospitals Market Forecasts and Analysis
9.2.3 Europe Mobile Hospitals Market Forecasts and Analysis - By Type
9.2.4 Europe Mobile Hospitals Market Forecasts and Analysis - By End Use
9.2.5 Europe Mobile Hospitals Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Mobile Hospitals Market
9.2.5.1.1 Germany Mobile Hospitals Market by Type
9.2.5.1.2 Germany Mobile Hospitals Market by End Use
9.2.5.2 France Mobile Hospitals Market
9.2.5.2.1 France Mobile Hospitals Market by Type
9.2.5.2.2 France Mobile Hospitals Market by End Use
9.2.5.3 Italy Mobile Hospitals Market
9.2.5.3.1 Italy Mobile Hospitals Market by Type
9.2.5.3.2 Italy Mobile Hospitals Market by End Use
9.2.5.4 Spain Mobile Hospitals Market
9.2.5.4.1 Spain Mobile Hospitals Market by Type
9.2.5.4.2 Spain Mobile Hospitals Market by End Use
9.2.5.5 United Kingdom Mobile Hospitals Market
9.2.5.5.1 United Kingdom Mobile Hospitals Market by Type
9.2.5.5.2 United Kingdom Mobile Hospitals Market by End Use
9.2.5.6 Rest of Europe Mobile Hospitals Market
9.2.5.6.1 Rest of Europe Mobile Hospitals Market by Type
9.2.5.6.2 Rest of Europe Mobile Hospitals Market by End Use
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Mobile Hospitals Market Overview
9.3.2 Asia-Pacific Mobile Hospitals Market Forecasts and Analysis
9.3.3 Asia-Pacific Mobile Hospitals Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Mobile Hospitals Market Forecasts and Analysis - By End Use
9.3.5 Asia-Pacific Mobile Hospitals Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Mobile Hospitals Market
9.3.5.1.1 Australia Mobile Hospitals Market by Type
9.3.5.1.2 Australia Mobile Hospitals Market by End Use
9.3.5.2 China Mobile Hospitals Market
9.3.5.2.1 China Mobile Hospitals Market by Type
9.3.5.2.2 China Mobile Hospitals Market by End Use
9.3.5.3 India Mobile Hospitals Market
9.3.5.3.1 India Mobile Hospitals Market by Type
9.3.5.3.2 India Mobile Hospitals Market by End Use
9.3.5.4 Japan Mobile Hospitals Market
9.3.5.4.1 Japan Mobile Hospitals Market by Type
9.3.5.4.2 Japan Mobile Hospitals Market by End Use
9.3.5.5 South Korea Mobile Hospitals Market
9.3.5.5.1 South Korea Mobile Hospitals Market by Type
9.3.5.5.2 South Korea Mobile Hospitals Market by End Use
9.3.5.6 Rest of Asia-Pacific Mobile Hospitals Market
9.3.5.6.1 Rest of Asia-Pacific Mobile Hospitals Market by Type
9.3.5.6.2 Rest of Asia-Pacific Mobile Hospitals Market by End Use
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Mobile Hospitals Market Overview
9.4.2 Middle East and Africa Mobile Hospitals Market Forecasts and Analysis
9.4.3 Middle East and Africa Mobile Hospitals Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Mobile Hospitals Market Forecasts and Analysis - By End Use
9.4.5 Middle East and Africa Mobile Hospitals Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Mobile Hospitals Market
9.4.5.1.1 South Africa Mobile Hospitals Market by Type
9.4.5.1.2 South Africa Mobile Hospitals Market by End Use
9.4.5.2 Saudi Arabia Mobile Hospitals Market
9.4.5.2.1 Saudi Arabia Mobile Hospitals Market by Type
9.4.5.2.2 Saudi Arabia Mobile Hospitals Market by End Use
9.4.5.3 U.A.E Mobile Hospitals Market
9.4.5.3.1 U.A.E Mobile Hospitals Market by Type
9.4.5.3.2 U.A.E Mobile Hospitals Market by End Use
9.4.5.4 Rest of Middle East and Africa Mobile Hospitals Market
9.4.5.4.1 Rest of Middle East and Africa Mobile Hospitals Market by Type
9.4.5.4.2 Rest of Middle East and Africa Mobile Hospitals Market by End Use
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Mobile Hospitals Market Overview
9.5.2 South and Central America Mobile Hospitals Market Forecasts and Analysis
9.5.3 South and Central America Mobile Hospitals Market Forecasts and Analysis - By Type
9.5.4 South and Central America Mobile Hospitals Market Forecasts and Analysis - By End Use
9.5.5 South and Central America Mobile Hospitals Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Mobile Hospitals Market
9.5.5.1.1 Brazil Mobile Hospitals Market by Type
9.5.5.1.2 Brazil Mobile Hospitals Market by End Use
9.5.5.2 Argentina Mobile Hospitals Market
9.5.5.2.1 Argentina Mobile Hospitals Market by Type
9.5.5.2.2 Argentina Mobile Hospitals Market by End Use
9.5.5.3 Rest of South and Central America Mobile Hospitals Market
9.5.5.3.1 Rest of South and Central America Mobile Hospitals Market by Type
9.5.5.3.2 Rest of South and Central America Mobile Hospitals Market by End Use
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL MOBILE HOSPITALS MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Middle East and Africa
10.5 South and Central America
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. MOBILE HOSPITALS MARKET, KEY COMPANY PROFILES
12.1. ALVO MEDICAL ASPEN MEDICAL
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. CGS PREMIER
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. SABA PALAYE
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. LAMBOO MEDICAL
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. VANGUARD HEALTHCARE SOLUTIONS
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. VETTER GMBH
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. U PROJECT
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. EMS HEALTHCARE LTD.
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. LA CLINICA HEALTH CENTERS
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. COASTAL COMMUNITY HEALTH SERVICES
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Alvo Medical Aspen Medical
2. CGS Premier
3. Saba Palaye
4. Lamboo Medical
5. Vanguard Healthcare Solutions
6. Vetter GmbH
7. U-PROJECT
8. EMS Healthcare Ltd.
9. La Clinica Health Centers
10. Coastal Community Health Services
11. Odulair LLC
12. Neat Vehicles Ltd.
13. NAFFCO FZCO
14. Mobile Healthcare Facilities LLC.
15. Medtronic Plc
16. Thermo Fisher Scientific, Inc.
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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