Pediatric Asthma Monitor Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Pediatric asthma is a chronic inflammation of the airways. It is a chronic illness mostly found in children and infants. The symptoms include wheezing, chest tightness, rapid & labored breathing, chest pain, coughing, and others. Factors that cause childhood asthma include allergies, low birth weight, family history of allergies or asthma, and others. The overly sensitive immune system could be a risk factor in this case as it leads to the swelling of lungs and airways that generate mucus when exposed to triggers such as allergens, pollen, air pollutants, and physical activities. Pediatric asthma is incurable but can be prevented through regular monitoring, limiting smoking around children, and can be controlled through the right medications and treatment. Advanced monitoring devices help to manage pediatric asthma.
MARKET SCOPE
The "Global Pediatric Asthma Monitor Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the pediatric asthma monitor market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading pediatric asthma monitor market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global pediatric asthma monitor market is segmented into bench-top, wearable, and handheld.
- On the basis of application, the market is bifurcated into hospitals, home, clinics, schools, and others.
MARKET DYNAMICS
Drivers:
- Rise in the incidence of asthma.
- Increase in allergy cases.
- Technological advancement in monitoring devices.
- Rise in awareness about the diagnosis of asthma.
Restraints:
- High cost of pediatric asthma devices.
- Limited access to pediatric asthma devices in developing and underdeveloped economies.
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 pediatric asthma monitor 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 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 America after evaluating political, economic, social and technological factors affecting the pediatric asthma monitor market in these regions.
IMPACT OF COVID-19 ON PEDIATRIC ASTHMA MONITOR MARKET
COVID-19 initially began in Wuhan (China) in December 2019, and till now, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The pandemic has been affecting economies and industries in different countries due to travel bans, lockdowns, and business shutdowns. The shutdown of various plants and factories affected the worldwide supply chains and negatively impacted the market's manufacturing, and sales of products. Due to the increase in COVID-19 cases, elective procedures were delayed or canceled which resulted in a decreased patient flow that affected the market growth. Few companies have already announced slight delays in their product deliveries and a slump in future sales. Hence, the pandemic has affected the growth of the market. However, the market may experience growth after the upliftment of imposed restrictive measures and companies resuming their operations and adapting to the new normal.
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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 pediatric asthma monitor 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 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 America after evaluating political, economic, social and technological factors affecting the pediatric asthma monitor market in these regions.
IMPACT OF COVID-19 ON PEDIATRIC ASTHMA MONITOR MARKET
COVID-19 initially began in Wuhan (China) in December 2019, and till now, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The pandemic has been affecting economies and industries in different countries due to travel bans, lockdowns, and business shutdowns. The shutdown of various plants and factories affected the worldwide supply chains and negatively impacted the market's manufacturing, and sales of products. Due to the increase in COVID-19 cases, elective procedures were delayed or canceled which resulted in a decreased patient flow that affected the market growth. Few companies have already announced slight delays in their product deliveries and a slump in future sales. Hence, the pandemic has affected the growth of the market. However, the market may experience growth after the upliftment of imposed restrictive measures and companies resuming their operations and adapting to the new normal.
MARKET PLAYERS
The report covers key developments in the pediatric asthma monitor 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 the expansion of business and customer base of market players. The market players from pediatric asthma monitor market are anticipated to have lucrative growth opportunities in the future with the rising demand for pediatric asthma monitor in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the pediatric asthma monitor 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.
- Thoracic Medical Systems Inc
- Uscom Ltd. Company
- OMRON Healthcare
- Teva Pharmaceutical Industries Ltd.
- GlaxoSmithKline plc
- Pfizer Inc.
- AstraZeneca Plc
- Boehringer Ingelheim GmbH
- Sanofi SA
- Philips Healthcare
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- 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 Pediatric Asthma Monitor Market - By Type
1.3.2 Pediatric Asthma Monitor Market - By Application
1.3.3 Pediatric Asthma Monitor Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PEDIATRIC ASTHMA MONITOR 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. PEDIATRIC ASTHMA MONITOR 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. PEDIATRIC ASTHMA MONITOR MARKET - GLOBAL MARKET ANALYSIS
6.1. PEDIATRIC ASTHMA MONITOR - GLOBAL MARKET OVERVIEW
6.2. PEDIATRIC ASTHMA MONITOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. PEDIATRIC ASTHMA MONITOR MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. BENCH-TOP
7.3.1. Overview
7.3.2. Bench-Top Market Forecast and Analysis
7.4. WEARABLE
7.4.1. Overview
7.4.2. Wearable Market Forecast and Analysis
7.5. HANDHELD
7.5.1. Overview
7.5.2. Handheld Market Forecast and Analysis
8. PEDIATRIC ASTHMA MONITOR MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. HOSPITALS
8.3.1. Overview
8.3.2. Hospitals Market Forecast and Analysis
8.4. HOME
8.4.1. Overview
8.4.2. Home Market Forecast and Analysis
8.5. CLINICS
8.5.1. Overview
8.5.2. Clinics Market Forecast and Analysis
8.6. SCHOOLS
8.6.1. Overview
8.6.2. Schools Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. PEDIATRIC ASTHMA MONITOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Pediatric Asthma Monitor Market Overview
9.1.2 North America Pediatric Asthma Monitor Market Forecasts and Analysis
9.1.3 North America Pediatric Asthma Monitor Market Forecasts and Analysis - By Type
9.1.4 North America Pediatric Asthma Monitor Market Forecasts and Analysis - By Application
9.1.5 North America Pediatric Asthma Monitor Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Pediatric Asthma Monitor Market
9.1.5.1.1 Canada Pediatric Asthma Monitor Market by Type
9.1.5.1.2 Canada Pediatric Asthma Monitor Market by Application
9.1.5.2 Mexico Pediatric Asthma Monitor Market
9.1.5.2.1 Mexico Pediatric Asthma Monitor Market by Type
9.1.5.2.2 Mexico Pediatric Asthma Monitor Market by Application
9.1.5.3 US Pediatric Asthma Monitor Market
9.1.5.3.1 US Pediatric Asthma Monitor Market by Type
9.1.5.3.2 US Pediatric Asthma Monitor Market by Application
9.2. EUROPE
9.2.1 Europe Pediatric Asthma Monitor Market Overview
9.2.2 Europe Pediatric Asthma Monitor Market Forecasts and Analysis
9.2.3 Europe Pediatric Asthma Monitor Market Forecasts and Analysis - By Type
9.2.4 Europe Pediatric Asthma Monitor Market Forecasts and Analysis - By Application
9.2.5 Europe Pediatric Asthma Monitor Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Pediatric Asthma Monitor Market
9.2.5.1.1 Germany Pediatric Asthma Monitor Market by Type
9.2.5.1.2 Germany Pediatric Asthma Monitor Market by Application
9.2.5.2 France Pediatric Asthma Monitor Market
9.2.5.2.1 France Pediatric Asthma Monitor Market by Type
9.2.5.2.2 France Pediatric Asthma Monitor Market by Application
9.2.5.3 Italy Pediatric Asthma Monitor Market
9.2.5.3.1 Italy Pediatric Asthma Monitor Market by Type
9.2.5.3.2 Italy Pediatric Asthma Monitor Market by Application
9.2.5.4 Spain Pediatric Asthma Monitor Market
9.2.5.4.1 Spain Pediatric Asthma Monitor Market by Type
9.2.5.4.2 Spain Pediatric Asthma Monitor Market by Application
9.2.5.5 United Kingdom Pediatric Asthma Monitor Market
9.2.5.5.1 United Kingdom Pediatric Asthma Monitor Market by Type
9.2.5.5.2 United Kingdom Pediatric Asthma Monitor Market by Application
9.2.5.6 Rest of Europe Pediatric Asthma Monitor Market
9.2.5.6.1 Rest of Europe Pediatric Asthma Monitor Market by Type
9.2.5.6.2 Rest of Europe Pediatric Asthma Monitor Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Pediatric Asthma Monitor Market Overview
9.3.2 Asia-Pacific Pediatric Asthma Monitor Market Forecasts and Analysis
9.3.3 Asia-Pacific Pediatric Asthma Monitor Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Pediatric Asthma Monitor Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Pediatric Asthma Monitor Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Pediatric Asthma Monitor Market
9.3.5.1.1 Australia Pediatric Asthma Monitor Market by Type
9.3.5.1.2 Australia Pediatric Asthma Monitor Market by Application
9.3.5.2 China Pediatric Asthma Monitor Market
9.3.5.2.1 China Pediatric Asthma Monitor Market by Type
9.3.5.2.2 China Pediatric Asthma Monitor Market by Application
9.3.5.3 India Pediatric Asthma Monitor Market
9.3.5.3.1 India Pediatric Asthma Monitor Market by Type
9.3.5.3.2 India Pediatric Asthma Monitor Market by Application
9.3.5.4 Japan Pediatric Asthma Monitor Market
9.3.5.4.1 Japan Pediatric Asthma Monitor Market by Type
9.3.5.4.2 Japan Pediatric Asthma Monitor Market by Application
9.3.5.5 South Korea Pediatric Asthma Monitor Market
9.3.5.5.1 South Korea Pediatric Asthma Monitor Market by Type
9.3.5.5.2 South Korea Pediatric Asthma Monitor Market by Application
9.3.5.6 Rest of Asia-Pacific Pediatric Asthma Monitor Market
9.3.5.6.1 Rest of Asia-Pacific Pediatric Asthma Monitor Market by Type
9.3.5.6.2 Rest of Asia-Pacific Pediatric Asthma Monitor Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Pediatric Asthma Monitor Market Overview
9.4.2 Middle East and Africa Pediatric Asthma Monitor Market Forecasts and Analysis
9.4.3 Middle East and Africa Pediatric Asthma Monitor Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Pediatric Asthma Monitor Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Pediatric Asthma Monitor Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Pediatric Asthma Monitor Market
9.4.5.1.1 South Africa Pediatric Asthma Monitor Market by Type
9.4.5.1.2 South Africa Pediatric Asthma Monitor Market by Application
9.4.5.2 Saudi Arabia Pediatric Asthma Monitor Market
9.4.5.2.1 Saudi Arabia Pediatric Asthma Monitor Market by Type
9.4.5.2.2 Saudi Arabia Pediatric Asthma Monitor Market by Application
9.4.5.3 U.A.E Pediatric Asthma Monitor Market
9.4.5.3.1 U.A.E Pediatric Asthma Monitor Market by Type
9.4.5.3.2 U.A.E Pediatric Asthma Monitor Market by Application
9.4.5.4 Rest of Middle East and Africa Pediatric Asthma Monitor Market
9.4.5.4.1 Rest of Middle East and Africa Pediatric Asthma Monitor Market by Type
9.4.5.4.2 Rest of Middle East and Africa Pediatric Asthma Monitor Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Pediatric Asthma Monitor Market Overview
9.5.2 South and Central America Pediatric Asthma Monitor Market Forecasts and Analysis
9.5.3 South and Central America Pediatric Asthma Monitor Market Forecasts and Analysis - By Type
9.5.4 South and Central America Pediatric Asthma Monitor Market Forecasts and Analysis - By Application
9.5.5 South and Central America Pediatric Asthma Monitor Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Pediatric Asthma Monitor Market
9.5.5.1.1 Brazil Pediatric Asthma Monitor Market by Type
9.5.5.1.2 Brazil Pediatric Asthma Monitor Market by Application
9.5.5.2 Argentina Pediatric Asthma Monitor Market
9.5.5.2.1 Argentina Pediatric Asthma Monitor Market by Type
9.5.5.2.2 Argentina Pediatric Asthma Monitor Market by Application
9.5.5.3 Rest of South and Central America Pediatric Asthma Monitor Market
9.5.5.3.1 Rest of South and Central America Pediatric Asthma Monitor Market by Type
9.5.5.3.2 Rest of South and Central America Pediatric Asthma Monitor 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. PEDIATRIC ASTHMA MONITOR MARKET, KEY COMPANY PROFILES
11.1. THORACIC MEDICAL SYSTEMS INC.
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. USCOM LTD.
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. OMRON HEALTHCARE
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. TEVA PHARMACEUTICAL INDUSTRIES LTD.
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. GLAXOSMITHKLINE PLC
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. PFIZER INC.
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. ASTRAZENECA PLC
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. BOEHRINGER INGELHEIM GMBH
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. SANOFI SA
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. PHILIPS HEALTHCARE
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. Thoracic Medical Systems Inc.
2. Uscom Ltd.
3. OMRON Healthcare
4. Teva Pharmaceutical Industries Ltd.
5. GlaxoSmithKline plc
6. Pfizer Inc.
7. AstraZeneca Plc
8. Boehringer Ingelheim GmbH
9. Sanofi SA
10. Philips Healthcare
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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