Pipetting Robots Market Analysis, Regional and Competitive Landscape Forecast by 2031

Coverage: Pipetting Robots Market covers analysis By Product Type (Automatic Pipetting Robots, Semiautomatic Pipetting Robots); Application (Chemicals, Healthcare, Pharmaceutical, Biotechnology, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00027310
  • Category : Life Sciences
  • No. of Pages : 150
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Pipetting Robots Market Trends, Size, Top Players 2031

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The Pipetting Robots Market is expected to register a CAGR of 5.7% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.

The report is segmented by Product Type (Automatic Pipetting Robots, Semiautomatic Pipetting Robots). The report is segmented by Application (Chemicals, Healthcare, Pharmaceutical, Biotechnology, Others). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.

Purpose of the Report

The report Pipetting Robots 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.

Pipetting Robots Market Segmentation

Product Type
  • Automatic Pipetting Robots
  • Semiautomatic Pipetting Robots
Application
  • Chemicals
  • Healthcare
  • Pharmaceutical
  • Biotechnology
  • Others

Strategic Insights

Pipetting Robots Market Growth Drivers
  • Rising Demand for High Throughput Screening: The pharmaceutical and biotechnology industries are increasingly dependent on high-throughput screening (HTS) for exploring and evaluating agents in drug development, genetic studies, and clinical trials. Pipetting robots eliminate manual operations by allowing researchers to carry out large-scale studies, that is, work on thousands of samples in a shorter duration than the manual approach. There is a constant upward slope looking for better and faster testing which increases the need for pipetting systems that are automated to help eliminate human error and increase the reproducibility of results.
  • Progress in Laboratory Automation: In the last ten years, technologies applied to laboratory automation have been improving at a very fast rate with better robots. In modern practices, robots are becoming cheaper and easier to scale as well as are able to perform complex processes such as pipetting, mixing and preparing samples among others. In clinical research, for example, more of these systems are being integrated into studies as they help in improving productivity, cutting back expenses as well as the chances of occurring faults that would have otherwise been caused by either contamination or an assist. These developments are driving the growth of the market for pipetting robots, as many laboratories today seek to automate certain tasks in order to compete with the exceptionally rapidly changing research landscape .
  • Increased Higher Expectations on the Speed and Quality in Everything Laboratory Work: In recent years, the requirements for achieving accurate and repeatable results in scientific and clinical practice have reached the new heights. Manual pipetting, being highly subjective and prone to individual errors, can produce variation in results as well as prove to be lengthy. Pipetting machines on the other hand provide relatively low degree of error and tight adherence to methodology, enhancing data result and storage respectively.
Pipetting Robots Market Future Trends
  • Application of Artificial Intelligence (AI) and Machine Learning: AI and machine learning (ML) technologies are anticipated to find their way into pipetting robots to make them better. These avant-garde algorithms improve the precision of the processes by recognizing and learning the behavior of liquid handling and the faults associated with it, improving the process course, or changing the parameters on the fly. Also, AI-based systems enable prediction and resolution of problems leading to increased uptime of systems and reduced dependency on human activity. This is a progression that will definitely continue as the nature of AI improves, thus making pipetting robots even smarter than how they are now.
  • Customization and Easy to Use Features: With an increase in demand for automation in different fields, there is also a tendency towards the provision of customizable pipetting systems. Companies are supplying systems which can be modified according to the particular purpose of the user, be it academic, clinical or industrial. The other issue is that touch panels are becoming the norm in the operation of such systems prompting the simpler operation of even the most complex pipetting systems by simple users. This trend is making the market extend its coverage to more of the laboratories and research institutions.
  • Integration with Lab Information Management Systems (LIMS): Another critical trend is the connection among pipetting robots and Laboratory Information Management Systems or LIMS and other laboratory management software. The aforementioned allows samples to be tracked and data managed in real-time as well as enabling automated processes to be employed without much hassle. When pipetting robots are integrated with LIMS, laboratories can guarantee accurate recording of data, proper accounting of experimental procedures, and archiving research findings for further analysis thereby enhancing the workflow and adherence to the set regulatory requirements.
Pipetting Robots Market Opportunities
  • Research in Genomics and Personalized Medicine Infographics: The rise of personalized medicine as well as increasing interest in genomic research opens up a heretofore underexploited market for pipetting robots. Personalized medicine entails high sample processing capacity and accuracy levels modernization mainly in genomic sequencing and biomarker analysis. In these processes, pipetting robots ensure precision and enhancement of the processes where these robotics are applied. As the appetite for genetic screening, proven therapies, and therapies that take into account individual patient genetic variations keeps rising, pipetting robots will be more and more at the core of these developmental efforts.
  • Growing Demand for Point of Care diagnostics: The point: of: care diagnostics market is based on the concept of feverish, much needed, medical testing that can be done without delay and discomfort to the patient. In this context, pipetting robots can be used to aid with patient sample management, reagent dispensing and assays in a point: of: care environment. With more and more point: of: care diagnostics being introduced into hospitals, clinics and diagnostics centers, pipetting robot companies have an increasing option of this segment’s requirement of small efficient and economical designs.
  • Environmental and Sustainability Initiatives: Environmental issues and sustainability strategies are bringing changes in the pipetting robots market. Manufacturers are leaning towards developing products that are more environmentally friendly and objectives such as the minimization of waste, reduction of consumption of consumables and energy. These green solutions not only address the global environmental sustainability agenda but target those businesses that want to spend less and cut back on waste emission.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Pipetting Robots 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 Pipetting Robots 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
World Geography

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Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

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to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

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to country scope.

Frequently Asked Questions


Which are some of the players operating in the Pipetting Robotsmarket?

Players operating in the market are DORNIER-LTF GmbH, Andrew Alliance, BioTek, OpenTrons, Tecan, Sias AG Switzerland, Hamilton Company, Hudson Robotics

Which segment accounts for highest revenue by product type in 2023?

Automatic Pipetting Robots segment, by product type, dominated the market in 2023.

Which region dominated the Pipetting Robots market in 2023?

North America region dominated the Pipetting Robots market in 2023.

What is the expected CAGR of the Pipetting Robots Market ?

The Pipetting Robots Market is estimated to witness a CAGR of 5.7% from 202#to 2031

What are the driving factors impacting the Pipetting Robots market?

The major factors driving the Pipetting Robots market are:

1. Rising Demand for High Throughput Screening

2. Progress in Laboratory Automation

What are the factor that act as a opportunity for market growth?

Research in Genomics and Personalized Medicine Infographics act as a opportunity for growth of the market in forecast period.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Pipetting Robots Market - By Product Type
1.3.2 Pipetting Robots Market - By Application
1.3.3 Pipetting Robots Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. PIPETTING ROBOTS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS

5. PIPETTING ROBOTS 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. PIPETTING ROBOTS MARKET - GLOBAL MARKET ANALYSIS
6.1. PIPETTING ROBOTS - GLOBAL MARKET OVERVIEW
6.2. PIPETTING ROBOTS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. PIPETTING ROBOTS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. AUTOMATIC PIPETTING ROBOTS
7.3.1. Overview
7.3.2. Automatic Pipetting Robots Market Forecast and Analysis
7.4. SEMIAUTOMATIC PIPETTING ROBOTS
7.4.1. Overview
7.4.2. Semiautomatic Pipetting Robots Market Forecast and Analysis
8. PIPETTING ROBOTS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. CHEMICALS
8.3.1. Overview
8.3.2. Chemicals Market Forecast and Analysis
8.4. HEALTHCARE
8.4.1. Overview
8.4.2. Healthcare Market Forecast and Analysis
8.5. PHARMACEUTICAL
8.5.1. Overview
8.5.2. Pharmaceutical Market Forecast and Analysis
8.6. BIOTECHNOLOGY
8.6.1. Overview
8.6.2. Biotechnology Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis

9. PIPETTING ROBOTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Pipetting Robots Market Overview
9.1.2 North America Pipetting Robots Market Forecasts and Analysis
9.1.3 North America Pipetting Robots Market Forecasts and Analysis - By Product Type
9.1.4 North America Pipetting Robots Market Forecasts and Analysis - By Application
9.1.5 North America Pipetting Robots Market Forecasts and Analysis - By Countries
9.1.5.1 United States Pipetting Robots Market
9.1.5.1.1 United States Pipetting Robots Market by Product Type
9.1.5.1.2 United States Pipetting Robots Market by Application
9.1.5.2 Canada Pipetting Robots Market
9.1.5.2.1 Canada Pipetting Robots Market by Product Type
9.1.5.2.2 Canada Pipetting Robots Market by Application
9.1.5.3 Mexico Pipetting Robots Market
9.1.5.3.1 Mexico Pipetting Robots Market by Product Type
9.1.5.3.2 Mexico Pipetting Robots Market by Application
9.2. EUROPE
9.2.1 Europe Pipetting Robots Market Overview
9.2.2 Europe Pipetting Robots Market Forecasts and Analysis
9.2.3 Europe Pipetting Robots Market Forecasts and Analysis - By Product Type
9.2.4 Europe Pipetting Robots Market Forecasts and Analysis - By Application
9.2.5 Europe Pipetting Robots Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Pipetting Robots Market
9.2.5.1.1 Germany Pipetting Robots Market by Product Type
9.2.5.1.2 Germany Pipetting Robots Market by Application
9.2.5.2 France Pipetting Robots Market
9.2.5.2.1 France Pipetting Robots Market by Product Type
9.2.5.2.2 France Pipetting Robots Market by Application
9.2.5.3 Italy Pipetting Robots Market
9.2.5.3.1 Italy Pipetting Robots Market by Product Type
9.2.5.3.2 Italy Pipetting Robots Market by Application
9.2.5.4 Spain Pipetting Robots Market
9.2.5.4.1 Spain Pipetting Robots Market by Product Type
9.2.5.4.2 Spain Pipetting Robots Market by Application
9.2.5.5 United Kingdom Pipetting Robots Market
9.2.5.5.1 United Kingdom Pipetting Robots Market by Product Type
9.2.5.5.2 United Kingdom Pipetting Robots Market by Application
9.2.5.6 Rest of Europe Pipetting Robots Market
9.2.5.6.1 Rest of Europe Pipetting Robots Market by Product Type
9.2.5.6.2 Rest of Europe Pipetting Robots Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Pipetting Robots Market Overview
9.3.2 Asia-Pacific Pipetting Robots Market Forecasts and Analysis
9.3.3 Asia-Pacific Pipetting Robots Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Pipetting Robots Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Pipetting Robots Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Pipetting Robots Market
9.3.5.1.1 Australia Pipetting Robots Market by Product Type
9.3.5.1.2 Australia Pipetting Robots Market by Application
9.3.5.2 China Pipetting Robots Market
9.3.5.2.1 China Pipetting Robots Market by Product Type
9.3.5.2.2 China Pipetting Robots Market by Application
9.3.5.3 India Pipetting Robots Market
9.3.5.3.1 India Pipetting Robots Market by Product Type
9.3.5.3.2 India Pipetting Robots Market by Application
9.3.5.4 Japan Pipetting Robots Market
9.3.5.4.1 Japan Pipetting Robots Market by Product Type
9.3.5.4.2 Japan Pipetting Robots Market by Application
9.3.5.5 South Korea Pipetting Robots Market
9.3.5.5.1 South Korea Pipetting Robots Market by Product Type
9.3.5.5.2 South Korea Pipetting Robots Market by Application
9.3.5.6 Rest of Asia-Pacific Pipetting Robots Market
9.3.5.6.1 Rest of Asia-Pacific Pipetting Robots Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Pipetting Robots Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Pipetting Robots Market Overview
9.4.2 Middle East and Africa Pipetting Robots Market Forecasts and Analysis
9.4.3 Middle East and Africa Pipetting Robots Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Pipetting Robots Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Pipetting Robots Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Pipetting Robots Market
9.4.5.1.1 South Africa Pipetting Robots Market by Product Type
9.4.5.1.2 South Africa Pipetting Robots Market by Application
9.4.5.2 Saudi Arabia Pipetting Robots Market
9.4.5.2.1 Saudi Arabia Pipetting Robots Market by Product Type
9.4.5.2.2 Saudi Arabia Pipetting Robots Market by Application
9.4.5.3 U.A.E Pipetting Robots Market
9.4.5.3.1 U.A.E Pipetting Robots Market by Product Type
9.4.5.3.2 U.A.E Pipetting Robots Market by Application
9.4.5.4 Rest of Middle East and Africa Pipetting Robots Market
9.4.5.4.1 Rest of Middle East and Africa Pipetting Robots Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Pipetting Robots Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Pipetting Robots Market Overview
9.5.2 South and Central America Pipetting Robots Market Forecasts and Analysis
9.5.3 South and Central America Pipetting Robots Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Pipetting Robots Market Forecasts and Analysis - By Application
9.5.5 South and Central America Pipetting Robots Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Pipetting Robots Market
9.5.5.1.1 Brazil Pipetting Robots Market by Product Type
9.5.5.1.2 Brazil Pipetting Robots Market by Application
9.5.5.2 Argentina Pipetting Robots Market
9.5.5.2.1 Argentina Pipetting Robots Market by Product Type
9.5.5.2.2 Argentina Pipetting Robots Market by Application
9.5.5.3 Rest of South and Central America Pipetting Robots Market
9.5.5.3.1 Rest of South and Central America Pipetting Robots Market by Product Type
9.5.5.3.2 Rest of South and Central America Pipetting Robots 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. PIPETTING ROBOTS MARKET, KEY COMPANY PROFILES
11.1. DORNIER-LTF GMBH
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. ANDREW ALLIANCE
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. BIOTEK
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. OPENTRONS
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. TECAN
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. SIAS AG SWITZERLAND
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. HAMILTON COMPANY
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. OPENTRONS
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. HUDSON ROBOTICS
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

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1.DORNIER-LTF GmbH
2.Andrew Alliance
3.BioTek
4.OpenTrons
5.Tecan
6.Sias AG Switzerland
7.Hamilton Company
8.Opentrons
9.Hudson Robotics

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

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