Passive Prosthetics Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Physical disability can be seriously traumatic for a human being. Irrespective of the cause of the disability, it has a severe psychological effect on people's minds. For a long, there have been attempts to recreate the lost limbs or legs. There are two types of passive prosthetics - static and adjustable. In recent years, adjustable passive prosthetics have gained massive popularity among people due to its superior adjustment abilities. Several recognized organizations such as the International Committee of the Red Cross are actively participating in the production of such passive prosthetics. They are also spreading awareness about the benefits of using these passive prosthetics in developing countries such as Nepal, India, China, and New Zealand, among others.
MARKET DYNAMICS
The absence of body parts/organs due to genetic or physical damage influenced social as well as the psychological state of human life, and increasing awareness about the consumption of nutrition rich food, drive the demand for passive prosthetic devices particularly in cosmetics around the world. Additionally, increasing applications in the medical and biomedical industries, and growing geriatric population will boost the market growth to significant extent over the forecast period. However, advancement of the active prosthetic devices with several degrees of freedom and advances in robotic technologies may restraint the growth of the market in the forecasted period.
MARKET SCOPE
The "Global Passive Prosthetics Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of passive prosthetics market with detailed market segmentation by product type, price range, end-users and geography. The global passive prosthetics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading passive prosthetics market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global passive prosthetics market is segmented on the product type, price range, and end-users. Based on product type, the global passive prosthetics market is segmented prosthetic foot, prosthetic knee, prosthetic legs, prosthetic hand, passive prosthetic arm, and others. Based on price range, the global passive prosthetics market is segmented into high, and low cost. Based on end user, the global passive prosthetics market is segmented into hospitals, prosthetic clinics, trauma centers, ambulatory surgical centers, rehabilitation centers, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global passive prosthetics market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The passive prosthetics market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting passive prosthetics market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Passive prosthetics market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global passive prosthetics market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The passive prosthetics market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting passive prosthetics market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Passive prosthetics market in these regions.
MARKET PLAYERS
The reports cover key developments in the passive prosthetics 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 market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from passive prosthetics market are anticipated to lucrative growth opportunities in the future with the rising demand for passive prosthetics market in the global market. Below mentioned is the list of few companies engaged in the passive prosthetics market.
The report also includes the profiles of key passive prosthetics market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- COAPT LLC
- Steeper Inc.
- Otto Bock Holding GmbH & Co. KG
- Össur
- College Park Industries
- Fillauer LLC
- CPO Services
- Endolite India
- WillowWood Global LLC
- TRS
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
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Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
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1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Passive Prosthetics Market - By Product Type
1.3.2 Passive Prosthetics Market - By Price Range
1.3.3 Passive Prosthetics Market - By End User
1.3.4 Passive Prosthetics Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PASSIVE PROSTHETICS 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. PASSIVE PROSTHETICS 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. PASSIVE PROSTHETICS MARKET - GLOBAL MARKET ANALYSIS
6.1. PASSIVE PROSTHETICS - GLOBAL MARKET OVERVIEW
6.2. PASSIVE PROSTHETICS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. PASSIVE PROSTHETICS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. PROSTHETIC FOOT
7.3.1. Overview
7.3.2. Prosthetic Foot Market Forecast and Analysis
7.4. PROSTHETIC KNEE
7.4.1. Overview
7.4.2. Prosthetic Knee Market Forecast and Analysis
7.5. PROSTHETIC LEGS
7.5.1. Overview
7.5.2. Prosthetic Legs Market Forecast and Analysis
7.6. PROSTHETIC HAND
7.6.1. Overview
7.6.2. Prosthetic Hand Market Forecast and Analysis
7.7. PASSIVE PROSTHETIC ARM
7.7.1. Overview
7.7.2. Passive Prosthetic Arm Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
8. PASSIVE PROSTHETICS MARKET - REVENUE AND FORECASTS TO 2028 - PRICE RANGE
8.1. OVERVIEW
8.2. PRICE RANGE MARKET FORECASTS AND ANALYSIS
8.3. LOW COST
8.3.1. Overview
8.3.2. Low Cost Market Forecast and Analysis
8.4. HIGH COST
8.4.1. Overview
8.4.2. High Cost Market Forecast and Analysis
9. PASSIVE PROSTHETICS MARKET - REVENUE AND FORECASTS TO 2028 - END USER
9.1. OVERVIEW
9.2. END USER MARKET FORECASTS AND ANALYSIS
9.3. HOSPITALS
9.3.1. Overview
9.3.2. Hospitals Market Forecast and Analysis
9.4. PROSTHETIC CLINICS
9.4.1. Overview
9.4.2. Prosthetic Clinics Market Forecast and Analysis
9.5. AMBULATORY SURGICAL CENTERS
9.5.1. Overview
9.5.2. Ambulatory Surgical Centers Market Forecast and Analysis
9.6. TRAUMA CENTERS
9.6.1. Overview
9.6.2. Trauma Centers Market Forecast and Analysis
9.7. REHABILITATION CENTERS
9.7.1. Overview
9.7.2. Rehabilitation Centers Market Forecast and Analysis
9.8. OTHERS
9.8.1. Overview
9.8.2. Others Market Forecast and Analysis
10. PASSIVE PROSTHETICS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Passive Prosthetics Market Overview
10.1.2 North America Passive Prosthetics Market Forecasts and Analysis
10.1.3 North America Passive Prosthetics Market Forecasts and Analysis - By Product Type
10.1.4 North America Passive Prosthetics Market Forecasts and Analysis - By Price Range
10.1.5 North America Passive Prosthetics Market Forecasts and Analysis - By End User
10.1.6 North America Passive Prosthetics Market Forecasts and Analysis - By Countries
10.1.6.1 United States Passive Prosthetics Market
10.1.6.1.1 United States Passive Prosthetics Market by Product Type
10.1.6.1.2 United States Passive Prosthetics Market by Price Range
10.1.6.1.3 United States Passive Prosthetics Market by End User
10.1.6.2 Canada Passive Prosthetics Market
10.1.6.2.1 Canada Passive Prosthetics Market by Product Type
10.1.6.2.2 Canada Passive Prosthetics Market by Price Range
10.1.6.2.3 Canada Passive Prosthetics Market by End User
10.1.6.3 Mexico Passive Prosthetics Market
10.1.6.3.1 Mexico Passive Prosthetics Market by Product Type
10.1.6.3.2 Mexico Passive Prosthetics Market by Price Range
10.1.6.3.3 Mexico Passive Prosthetics Market by End User
10.2. EUROPE
10.2.1 Europe Passive Prosthetics Market Overview
10.2.2 Europe Passive Prosthetics Market Forecasts and Analysis
10.2.3 Europe Passive Prosthetics Market Forecasts and Analysis - By Product Type
10.2.4 Europe Passive Prosthetics Market Forecasts and Analysis - By Price Range
10.2.5 Europe Passive Prosthetics Market Forecasts and Analysis - By End User
10.2.6 Europe Passive Prosthetics Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Passive Prosthetics Market
10.2.6.1.1 Germany Passive Prosthetics Market by Product Type
10.2.6.1.2 Germany Passive Prosthetics Market by Price Range
10.2.6.1.3 Germany Passive Prosthetics Market by End User
10.2.6.2 France Passive Prosthetics Market
10.2.6.2.1 France Passive Prosthetics Market by Product Type
10.2.6.2.2 France Passive Prosthetics Market by Price Range
10.2.6.2.3 France Passive Prosthetics Market by End User
10.2.6.3 Italy Passive Prosthetics Market
10.2.6.3.1 Italy Passive Prosthetics Market by Product Type
10.2.6.3.2 Italy Passive Prosthetics Market by Price Range
10.2.6.3.3 Italy Passive Prosthetics Market by End User
10.2.6.4 Spain Passive Prosthetics Market
10.2.6.4.1 Spain Passive Prosthetics Market by Product Type
10.2.6.4.2 Spain Passive Prosthetics Market by Price Range
10.2.6.4.3 Spain Passive Prosthetics Market by End User
10.2.6.5 United Kingdom Passive Prosthetics Market
10.2.6.5.1 United Kingdom Passive Prosthetics Market by Product Type
10.2.6.5.2 United Kingdom Passive Prosthetics Market by Price Range
10.2.6.5.3 United Kingdom Passive Prosthetics Market by End User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Passive Prosthetics Market Overview
10.3.2 Asia-Pacific Passive Prosthetics Market Forecasts and Analysis
10.3.3 Asia-Pacific Passive Prosthetics Market Forecasts and Analysis - By Product Type
10.3.4 Asia-Pacific Passive Prosthetics Market Forecasts and Analysis - By Price Range
10.3.5 Asia-Pacific Passive Prosthetics Market Forecasts and Analysis - By End User
10.3.6 Asia-Pacific Passive Prosthetics Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Passive Prosthetics Market
10.3.6.1.1 Australia Passive Prosthetics Market by Product Type
10.3.6.1.2 Australia Passive Prosthetics Market by Price Range
10.3.6.1.3 Australia Passive Prosthetics Market by End User
10.3.6.2 China Passive Prosthetics Market
10.3.6.2.1 China Passive Prosthetics Market by Product Type
10.3.6.2.2 China Passive Prosthetics Market by Price Range
10.3.6.2.3 China Passive Prosthetics Market by End User
10.3.6.3 India Passive Prosthetics Market
10.3.6.3.1 India Passive Prosthetics Market by Product Type
10.3.6.3.2 India Passive Prosthetics Market by Price Range
10.3.6.3.3 India Passive Prosthetics Market by End User
10.3.6.4 Japan Passive Prosthetics Market
10.3.6.4.1 Japan Passive Prosthetics Market by Product Type
10.3.6.4.2 Japan Passive Prosthetics Market by Price Range
10.3.6.4.3 Japan Passive Prosthetics Market by End User
10.3.6.5 South Korea Passive Prosthetics Market
10.3.6.5.1 South Korea Passive Prosthetics Market by Product Type
10.3.6.5.2 South Korea Passive Prosthetics Market by Price Range
10.3.6.5.3 South Korea Passive Prosthetics Market by End User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Passive Prosthetics Market Overview
10.4.2 Middle East and Africa Passive Prosthetics Market Forecasts and Analysis
10.4.3 Middle East and Africa Passive Prosthetics Market Forecasts and Analysis - By Product Type
10.4.4 Middle East and Africa Passive Prosthetics Market Forecasts and Analysis - By Price Range
10.4.5 Middle East and Africa Passive Prosthetics Market Forecasts and Analysis - By End User
10.4.6 Middle East and Africa Passive Prosthetics Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Passive Prosthetics Market
10.4.6.1.1 South Africa Passive Prosthetics Market by Product Type
10.4.6.1.2 South Africa Passive Prosthetics Market by Price Range
10.4.6.1.3 South Africa Passive Prosthetics Market by End User
10.4.6.2 Saudi Arabia Passive Prosthetics Market
10.4.6.2.1 Saudi Arabia Passive Prosthetics Market by Product Type
10.4.6.2.2 Saudi Arabia Passive Prosthetics Market by Price Range
10.4.6.2.3 Saudi Arabia Passive Prosthetics Market by End User
10.4.6.3 U.A.E Passive Prosthetics Market
10.4.6.3.1 U.A.E Passive Prosthetics Market by Product Type
10.4.6.3.2 U.A.E Passive Prosthetics Market by Price Range
10.4.6.3.3 U.A.E Passive Prosthetics Market by End User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Passive Prosthetics Market Overview
10.5.2 South and Central America Passive Prosthetics Market Forecasts and Analysis
10.5.3 South and Central America Passive Prosthetics Market Forecasts and Analysis - By Product Type
10.5.4 South and Central America Passive Prosthetics Market Forecasts and Analysis - By Price Range
10.5.5 South and Central America Passive Prosthetics Market Forecasts and Analysis - By End User
10.5.6 South and Central America Passive Prosthetics Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Passive Prosthetics Market
10.5.6.1.1 Brazil Passive Prosthetics Market by Product Type
10.5.6.1.2 Brazil Passive Prosthetics Market by Price Range
10.5.6.1.3 Brazil Passive Prosthetics Market by End User
10.5.6.2 Argentina Passive Prosthetics Market
10.5.6.2.1 Argentina Passive Prosthetics Market by Product Type
10.5.6.2.2 Argentina Passive Prosthetics Market by Price Range
10.5.6.2.3 Argentina Passive Prosthetics Market by End User
10.5.6.3 Chile Passive Prosthetics Market
10.5.6.3.1 Chile Passive Prosthetics Market by Product Type
10.5.6.3.2 Chile Passive Prosthetics Market by Price Range
10.5.6.3.3 Chile Passive Prosthetics Market by End User
11. IMPACT OF COVID-19 PANDEMIC ON GLOBAL PASSIVE PROSTHETICS MARKET
11.1 North America
11.2 Europe
11.3 Asia-Pacific
11.4 Rest of the World
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. PASSIVE PROSTHETICS MARKET, KEY COMPANY PROFILES
13.1. COAPT LLC
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. STEEPER INC.
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. OTTO BOCK HOLDING GMBH AND CO. KG
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. ÖSSUR
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. COLLEGE PARK INDUSTRIES
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. FILLAUER LLC
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. CPO SERVICES
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. ENDOLITE INDIA
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. WILLOWWOOD GLOBAL LLC
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. TRS
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. COAPT LLC
2. Steeper Inc.
3. Otto Bock Holding GmbH & Co. KG
4. Össur
5. College Park Industries
6. Fillauer LLC
7. CPO Services
8. Endolite India
9. WillowWood Global LLC
10. TRS
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.