Positive Pressure Protective Clothing (PPPC) Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
MARKET OVERVIEW
Positive Pressure Protective Clothing (PPPC) is the most important personal protective equipment benefiting biosafety level-4 (BSL-4) laboratory operations and acts as a primary barrier to avoid exposure to pathogenic microorganisms. Additionally, positive pressure defensive utility provides a great deal of flexibility on wearing in terms of scale and scope for experimental work compared to cabinet labs, the ergonomics, noise level, and microenvironment inside the suite in ordinary personal protective suits.
MARKET SCOPE
The "Global Positive Pressure Protective Clothing Market Analysis to 2031" is a specialized and in-depth examination of the healthcare industry, with a particular emphasis on global market trend analysis. The purpose of this report is to provide an overview of the positive pressure protective clothing market, as well as detailed market segmentation based on product and application. Additionally, the report offers key statistics on the market status of the leading positive pressure protective clothing market players, as well as key market trends and opportunities.
MARKET SEGMENTATION
- By type, the market is segmented as disposable protective clothing and reusable protective clothing.
- By end-user, the market is segregated as hospital, clinic, and others
MARKET DYNAMICS
Drivers-
- Adoption of positive pressure protective clothing is the highest degree of personal protection equipment (PPE) high in demand for individuals working in a bio-containment environment as it prevents the wearer from getting exposed to infectious agents.
- COVID-19 accelerated demand for positive pressure protective clothing for infection control and safety resulting in overall growth of the market.
Restraints-
- Positive pressure protective clothing can be inevitably damaged due to external pressure application, and its service life is limited.
- PPPC suit is expensive and easy to get damaged on utilization. Additionally, effective repairing of the damaged units is required making it expensive clothing.
REGIONAL FRAMEWORK
The report offers a comprehensive overview of the industry, including both qualitative and quantitative data. It provides a global market overview and forecast based on various segments. It also provides market size and forecast estimates for five major regions, namely North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South and Central America (SACA), from 2021 to 2031. Each region's Positive Pressure Protective Clothing market is further subdivided by respective countries and segments. The report analyses and forecasts 18 countries globally, as well as the current trend and opportunities in the region.
The report analyses market factors affecting both the demand and supply sides, as well as market dynamics affecting the market during the forecast period, such as drivers, restraints, opportunities, and future trends. The report also includes a comprehensive PEST analysis for each of the five regions, namely North America, Europe, APAC, MEA, and South and Central America after assessing the political, economic, social, and technological factors influencing the positive pressure protective clothing market in these regions.
Impact of COVID-19 on Positive Pressure Protective Clothing Market
According to the UNICEF report, demand for positive pressure protective clothing has accelerated at unprecedented levels as COVID-19 spread worldwide, and the government has sought to prepare and respond. For example, during Q1 2021, the United Nations (UN) delivered 6.4 million gloves, 1.8 million surgical masks, and 1 million gowns globally. Apart from that, the supply chain disruption had a severe impact on the positive pressure protective clothing due to issues such as export and travel restrictions by some producing countries, and lockdowns forced suppliers to shut down temporarily. With the shortages felt worldwide, involving high-income countries (HICs), willingness to pay of some buyers to pay above the margin was witnessed, and this evaluated to be more than 20 times the original price.
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The report offers a comprehensive overview of the industry, including both qualitative and quantitative data. It provides a global market overview and forecast based on various segments. It also provides market size and forecast estimates for five major regions, namely North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South and Central America (SACA), from 2021 to 2031. Each region's Positive Pressure Protective Clothing market is further subdivided by respective countries and segments. The report analyses and forecasts 18 countries globally, as well as the current trend and opportunities in the region.
The report analyses market factors affecting both the demand and supply sides, as well as market dynamics affecting the market during the forecast period, such as drivers, restraints, opportunities, and future trends. The report also includes a comprehensive PEST analysis for each of the five regions, namely North America, Europe, APAC, MEA, and South and Central America after assessing the political, economic, social, and technological factors influencing the positive pressure protective clothing market in these regions.
Impact of COVID-19 on Positive Pressure Protective Clothing Market
According to the UNICEF report, demand for positive pressure protective clothing has accelerated at unprecedented levels as COVID-19 spread worldwide, and the government has sought to prepare and respond. For example, during Q1 2021, the United Nations (UN) delivered 6.4 million gloves, 1.8 million surgical masks, and 1 million gowns globally. Apart from that, the supply chain disruption had a severe impact on the positive pressure protective clothing due to issues such as export and travel restrictions by some producing countries, and lockdowns forced suppliers to shut down temporarily. With the shortages felt worldwide, involving high-income countries (HICs), willingness to pay of some buyers to pay above the margin was witnessed, and this evaluated to be more than 20 times the original price.
MARKET PLAYERS
The report covers key developments in the positive pressure protective clothing market with focus on two main strategies such as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies that includes new product launches, product approvals by the authorized bodies, and others such as patents and events. Inorganic growth strategies activities normally includes strategic acquisitions, and partnership & collaborations between the companies. These activities have paved way for the expansion of business and customer base of market players. The market payers from positive pressure protective clothing market are anticipated to lucrative growth opportunities in the future with the rising demand for Positive Pressure Protective Clothing in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the positive pressure protective clothing market. Also, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, and the key development in the past five years.
- Honeywell International Inc
- ILC Dover LP
- 3M
- Lakeland
- ANSELL LTD.
- Delta Plus Group
- Drägerwerk AG & Co. KGaA
- International Enviroguard
- Shigematsu Works Co., Ltd.
- Ningbo Huacow Industrial Co., Ltd.
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.
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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.
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 Positive Pressure Protective Clothing Market - By Type
1.3.2 Positive Pressure Protective Clothing Market - By End-User
1.3.3 Positive Pressure Protective Clothing Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. POSITIVE PRESSURE PROTECTIVE CLOTHING 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. POSITIVE PRESSURE PROTECTIVE CLOTHING 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. POSITIVE PRESSURE PROTECTIVE CLOTHING MARKET - GLOBAL MARKET ANALYSIS
6.1. POSITIVE PRESSURE PROTECTIVE CLOTHING - GLOBAL MARKET OVERVIEW
6.2. POSITIVE PRESSURE PROTECTIVE CLOTHING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. POSITIVE PRESSURE PROTECTIVE CLOTHING MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. DISPOSABLE PROTECTIVE CLOTHING
7.3.1. Overview
7.3.2. Disposable Protective Clothing Market Forecast and Analysis
7.4. REUSABLE PROTECTIVE CLOTHING
7.4.1. Overview
7.4.2. Reusable Protective Clothing Market Forecast and Analysis
8. POSITIVE PRESSURE PROTECTIVE CLOTHING MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
8.1. OVERVIEW
8.2. END-USER MARKET FORECASTS AND ANALYSIS
8.3. HOSPITAL
8.3.1. Overview
8.3.2. Hospital Market Forecast and Analysis
8.4. CLINIC
8.4.1. Overview
8.4.2. Clinic Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. POSITIVE PRESSURE PROTECTIVE CLOTHING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Positive Pressure Protective Clothing Market Overview
9.1.2 North America Positive Pressure Protective Clothing Market Forecasts and Analysis
9.1.3 North America Positive Pressure Protective Clothing Market Forecasts and Analysis - By Type
9.1.4 North America Positive Pressure Protective Clothing Market Forecasts and Analysis - By End-User
9.1.5 North America Positive Pressure Protective Clothing Market Forecasts and Analysis - By Countries
9.1.5.1 United States Positive Pressure Protective Clothing Market
9.1.5.1.1 United States Positive Pressure Protective Clothing Market by Type
9.1.5.1.2 United States Positive Pressure Protective Clothing Market by End-User
9.1.5.2 Canada Positive Pressure Protective Clothing Market
9.1.5.2.1 Canada Positive Pressure Protective Clothing Market by Type
9.1.5.2.2 Canada Positive Pressure Protective Clothing Market by End-User
9.1.5.3 Mexico Positive Pressure Protective Clothing Market
9.1.5.3.1 Mexico Positive Pressure Protective Clothing Market by Type
9.1.5.3.2 Mexico Positive Pressure Protective Clothing Market by End-User
9.2. EUROPE
9.2.1 Europe Positive Pressure Protective Clothing Market Overview
9.2.2 Europe Positive Pressure Protective Clothing Market Forecasts and Analysis
9.2.3 Europe Positive Pressure Protective Clothing Market Forecasts and Analysis - By Type
9.2.4 Europe Positive Pressure Protective Clothing Market Forecasts and Analysis - By End-User
9.2.5 Europe Positive Pressure Protective Clothing Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Positive Pressure Protective Clothing Market
9.2.5.1.1 Germany Positive Pressure Protective Clothing Market by Type
9.2.5.1.2 Germany Positive Pressure Protective Clothing Market by End-User
9.2.5.2 France Positive Pressure Protective Clothing Market
9.2.5.2.1 France Positive Pressure Protective Clothing Market by Type
9.2.5.2.2 France Positive Pressure Protective Clothing Market by End-User
9.2.5.3 Italy Positive Pressure Protective Clothing Market
9.2.5.3.1 Italy Positive Pressure Protective Clothing Market by Type
9.2.5.3.2 Italy Positive Pressure Protective Clothing Market by End-User
9.2.5.4 Spain Positive Pressure Protective Clothing Market
9.2.5.4.1 Spain Positive Pressure Protective Clothing Market by Type
9.2.5.4.2 Spain Positive Pressure Protective Clothing Market by End-User
9.2.5.5 United Kingdom Positive Pressure Protective Clothing Market
9.2.5.5.1 United Kingdom Positive Pressure Protective Clothing Market by Type
9.2.5.5.2 United Kingdom Positive Pressure Protective Clothing Market by End-User
9.2.5.6 Rest of Europe Positive Pressure Protective Clothing Market
9.2.5.6.1 Rest of Europe Positive Pressure Protective Clothing Market by Type
9.2.5.6.2 Rest of Europe Positive Pressure Protective Clothing Market by End-User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Positive Pressure Protective Clothing Market Overview
9.3.2 Asia-Pacific Positive Pressure Protective Clothing Market Forecasts and Analysis
9.3.3 Asia-Pacific Positive Pressure Protective Clothing Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Positive Pressure Protective Clothing Market Forecasts and Analysis - By End-User
9.3.5 Asia-Pacific Positive Pressure Protective Clothing Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Positive Pressure Protective Clothing Market
9.3.5.1.1 Australia Positive Pressure Protective Clothing Market by Type
9.3.5.1.2 Australia Positive Pressure Protective Clothing Market by End-User
9.3.5.2 China Positive Pressure Protective Clothing Market
9.3.5.2.1 China Positive Pressure Protective Clothing Market by Type
9.3.5.2.2 China Positive Pressure Protective Clothing Market by End-User
9.3.5.3 India Positive Pressure Protective Clothing Market
9.3.5.3.1 India Positive Pressure Protective Clothing Market by Type
9.3.5.3.2 India Positive Pressure Protective Clothing Market by End-User
9.3.5.4 Japan Positive Pressure Protective Clothing Market
9.3.5.4.1 Japan Positive Pressure Protective Clothing Market by Type
9.3.5.4.2 Japan Positive Pressure Protective Clothing Market by End-User
9.3.5.5 South Korea Positive Pressure Protective Clothing Market
9.3.5.5.1 South Korea Positive Pressure Protective Clothing Market by Type
9.3.5.5.2 South Korea Positive Pressure Protective Clothing Market by End-User
9.3.5.6 Rest of Asia-Pacific Positive Pressure Protective Clothing Market
9.3.5.6.1 Rest of Asia-Pacific Positive Pressure Protective Clothing Market by Type
9.3.5.6.2 Rest of Asia-Pacific Positive Pressure Protective Clothing Market by End-User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Positive Pressure Protective Clothing Market Overview
9.4.2 Middle East and Africa Positive Pressure Protective Clothing Market Forecasts and Analysis
9.4.3 Middle East and Africa Positive Pressure Protective Clothing Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Positive Pressure Protective Clothing Market Forecasts and Analysis - By End-User
9.4.5 Middle East and Africa Positive Pressure Protective Clothing Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Positive Pressure Protective Clothing Market
9.4.5.1.1 South Africa Positive Pressure Protective Clothing Market by Type
9.4.5.1.2 South Africa Positive Pressure Protective Clothing Market by End-User
9.4.5.2 Saudi Arabia Positive Pressure Protective Clothing Market
9.4.5.2.1 Saudi Arabia Positive Pressure Protective Clothing Market by Type
9.4.5.2.2 Saudi Arabia Positive Pressure Protective Clothing Market by End-User
9.4.5.3 U.A.E Positive Pressure Protective Clothing Market
9.4.5.3.1 U.A.E Positive Pressure Protective Clothing Market by Type
9.4.5.3.2 U.A.E Positive Pressure Protective Clothing Market by End-User
9.4.5.4 Rest of Middle East and Africa Positive Pressure Protective Clothing Market
9.4.5.4.1 Rest of Middle East and Africa Positive Pressure Protective Clothing Market by Type
9.4.5.4.2 Rest of Middle East and Africa Positive Pressure Protective Clothing Market by End-User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Positive Pressure Protective Clothing Market Overview
9.5.2 South and Central America Positive Pressure Protective Clothing Market Forecasts and Analysis
9.5.3 South and Central America Positive Pressure Protective Clothing Market Forecasts and Analysis - By Type
9.5.4 South and Central America Positive Pressure Protective Clothing Market Forecasts and Analysis - By End-User
9.5.5 South and Central America Positive Pressure Protective Clothing Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Positive Pressure Protective Clothing Market
9.5.5.1.1 Brazil Positive Pressure Protective Clothing Market by Type
9.5.5.1.2 Brazil Positive Pressure Protective Clothing Market by End-User
9.5.5.2 Argentina Positive Pressure Protective Clothing Market
9.5.5.2.1 Argentina Positive Pressure Protective Clothing Market by Type
9.5.5.2.2 Argentina Positive Pressure Protective Clothing Market by End-User
9.5.5.3 Rest of South and Central America Positive Pressure Protective Clothing Market
9.5.5.3.1 Rest of South and Central America Positive Pressure Protective Clothing Market by Type
9.5.5.3.2 Rest of South and Central America Positive Pressure Protective Clothing Market by End-User
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL POSITIVE PRESSURE PROTECTIVE CLOTHING 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. POSITIVE PRESSURE PROTECTIVE CLOTHING MARKET, KEY COMPANY PROFILES
12.1. HONEYWELL INTERNATIONAL INC
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. ILC DOVER LP
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. 3M
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. LAKELAND
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. ANSELL LTD.
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. DELTA PLUS GROUP
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. DRäGERWERK AG AND CO. KGAA
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. INTERNATIONAL ENVIROGUARD
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. SHIGEMATSU WORKS CO., LTD.
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. NINGBO HUACOW INDUSTRIAL CO., LTD.
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
The List of Companies
1. Honeywell International Inc
2. ILC Dover LP
3. 3M
4. Lakeland
5. ANSELL LTD.
6. Delta Plus Group
7. Drägerwerk AG & Co. KGaA
8. International Enviroguard
9. Shigematsu Works Co., Ltd.
10. Ningbo Huacow Industrial Co., Ltd.
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.