Precision Medicine Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Precision Medicine Market covers analysis By Technology (Drug Discovery, Companion Diagnostics, Gene Sequencing, Bio-Informatics, Big Data Analytics); Application (Oncology, Respiratory, CNS, Infectious Diseases, Immunology, Cardiology, Other Applications) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPBT00002184
  • Category : Life Sciences
  • No. of Pages : 150
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Precision Medicine Market Key Findings by 2031

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The Precision Medicine Market is expected to register a CAGR of 11.3% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.

The Precision Medicine Market is categorized by technology into the following subsegments: Drug Discovery, Companion Diagnostics, Gene Sequencing, Bio-Informatics, Big Data Analytics. It further presents an analysis based on application, i.e., Oncology, Respiratory, CNS, Infectious Diseases, Immunology, Cardiology, Other Applications. The global analysis is broken down at the regional level and major countries. The market evaluation is presented in US$ for the above segmental analysis.

Purpose of the Report

The report Precision Medicine 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.

Precision Medicine Market Segmentation

Technology
  • Drug Discovery
  • Companion Diagnostics
  • Gene Sequencing
  • Bio-Informatics
  • Big Data Analytics
Application
  • Oncology
  • Respiratory
  • CNS
  • Infectious Diseases
  • Immunology
  • Cardiology
  • Other Applications

Strategic Insights

Precision Medicine Market Growth Drivers
  • Genomic and Molecular Biology: Genomic and molecular biology are the engines for precision medicine. The sequencing and interpretation of genetic material led to personalised treatments in which therapies are individualised by genetic code, lifestyle and environment. A rising consciousness of the human genome is opening up new therapeutic applications for precision medicine in oncology, rare diseases and chronic disease.
  • The Growth of Chronic Diseases and Cancer: Growing chronic diseases such as cancer, cardiovascular disease, diabetes and so on are driving the precision medicine. The more patients who want to be treated based on their own genetic characteristics, the more needed personalized treatments and genetic tests that could lead to better patient outcomes.
  • Broad Regulatory Approval: Governments like FDA and EMA have gotten more open to precision medicine, allowing targeted treatments and companion diagnostics to allow for tailor-made treatment plans. Not only do these regulatory approvals fuel precision medicine’s advancement, they also provide reason to be optimistic about its clinical use.
Precision Medicine Market Future Trends
  • Application of AI/Big Data: Artificial intelligence (AI) and big data are transforming precision medicine. The algorithms of AI are examining patient data — genomics, clinical records, imaging data — to find patterns and predict patient outcomes. This is also driving the uptake of precision medicine in the clinic.
  • Expansion of Companion Diagnostics: Companion diagnostics, which are test results that determine how a patient will respond to a particular therapy, are on the rise. With ever more precise treatments being developed, precision medicine enlists companion diagnostics to guide therapy choices. We see this pattern in oncology, where a set of mutations and biomarkers sets the most effective therapies.
  • A Move to Preventive Medicine: Precision medicine is not only about diagnosing but also about preventing diseases. It’s when genetic risk factors are found in advance that clinicians can customize preventive interventions. This prevention, post-treatment revolution is a widespread medical phenomenon, especially with cancer, heart disease, and rare genetic conditions.
Precision Medicine Market Opportunities
  • Expanding oncology: Precision oncology is one of the biggest expansions in precision medicine. Targeted cancer therapies that can be designed according to genetic mutations and biomarkers are changing cancer therapy. The number of FDA-approved precision oncology drugs is on the rise, and there is huge market opportunity for genetic testing, biomarker discovery, and individualised cancer therapies.
  • Generation of Targeted Therapies for Rare Diseases: Precision medicine is promising for rare genetic diseases where no current treatments exist. A patient’s genetic profile allows the development of a tailored therapy to offer patients permanent relief for these unmet needs.
  • Expanded Markets: Precision medicine is not just expanding in developed markets but also in emerging markets. Precision medicine will continue to grow as healthcare systems in the Asia-Pacific and Latin America evolve and invest in the most advanced technologies thereby opening up new revenue for diagnostics companies, pharma and biotech firms.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Precision Medicine 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 Precision Medicine 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

This text is related
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


What is the expected CAGR in Precision Medicine Market?

The market is expected to register a CAGR of 11.3% during 2023–2031.

What are driving factors impacting the Precision Medicine Market?

Rapidly rising healthcare expenditure, advancement in genetic testing, migration towards personalized treatments, and integration of big data and AI in healthcare are the prime growth factors for Precision Medicine Market.

What are the future trends of Precision Medicine Market?

Future trends include increased use of genomic data in developing tailored treatments, expansion of personalized cancer therapies, and increased integration of AI and machine learning in drug development.

Which are leading players in Precision Medicine Market?

The leading players are F. Hoffmann-La Roche Ltd, Quest Diagnostics Incorporated, Novartis AG, Bristol-Myers Squibb Company, Medtronic, QIAGEN, Pfizer Inc., Thermo Fisher Scientific Inc., Eli Lilly and Company, AstraZeneca,

What are the deliverable formats of the Precision Medicine Market?

The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.

What are the options available for the customization of this report?

Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.

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 Precision Medicine Market - By Technology
1.3.2 Precision Medicine Market - By Application
1.3.3 Precision Medicine Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PRECISION MEDICINE 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. PRECISION MEDICINE 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. PRECISION MEDICINE MARKET - GLOBAL MARKET ANALYSIS
6.1. PRECISION MEDICINE - GLOBAL MARKET OVERVIEW
6.2. PRECISION MEDICINE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. PRECISION MEDICINE MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
7.1. OVERVIEW
7.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
7.3. DRUG DISCOVERY
7.3.1. Overview
7.3.2. Drug Discovery Market Forecast and Analysis
7.4. COMPANION DIAGNOSTICS
7.4.1. Overview
7.4.2. Companion Diagnostics Market Forecast and Analysis
7.5. GENE SEQUENCING
7.5.1. Overview
7.5.2. Gene Sequencing Market Forecast and Analysis
7.6. BIO-INFORMATICS
7.6.1. Overview
7.6.2. Bio-Informatics Market Forecast and Analysis
7.7. BIG DATA ANALYTICS
7.7.1. Overview
7.7.2. Big Data Analytics Market Forecast and Analysis
8. PRECISION MEDICINE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. ONCOLOGY
8.3.1. Overview
8.3.2. Oncology Market Forecast and Analysis
8.4. RESPIRATORY
8.4.1. Overview
8.4.2. Respiratory Market Forecast and Analysis
8.5. CNS
8.5.1. Overview
8.5.2. CNS Market Forecast and Analysis
8.6. INFECTIOUS DISEASES
8.6.1. Overview
8.6.2. Infectious Diseases Market Forecast and Analysis
8.7. IMMUNOLOGY
8.7.1. Overview
8.7.2. Immunology Market Forecast and Analysis
8.8. CARDIOLOGY
8.8.1. Overview
8.8.2. Cardiology Market Forecast and Analysis
8.9. OTHER APPLICATIONS
8.9.1. Overview
8.9.2. Other Applications Market Forecast and Analysis
9. PRECISION MEDICINE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Precision Medicine Market Overview
9.1.2 North America Precision Medicine Market Forecasts and Analysis
9.1.3 North America Precision Medicine Market Forecasts and Analysis - By Technology
9.1.4 North America Precision Medicine Market Forecasts and Analysis - By Application
9.1.5 North America Precision Medicine Market Forecasts and Analysis - By Countries
9.1.5.1 United States Precision Medicine Market
9.1.5.1.1 United States Precision Medicine Market by Technology
9.1.5.1.2 United States Precision Medicine Market by Application
9.1.5.2 Canada Precision Medicine Market
9.1.5.2.1 Canada Precision Medicine Market by Technology
9.1.5.2.2 Canada Precision Medicine Market by Application
9.1.5.3 Mexico Precision Medicine Market
9.1.5.3.1 Mexico Precision Medicine Market by Technology
9.1.5.3.2 Mexico Precision Medicine Market by Application
9.2. EUROPE
9.2.1 Europe Precision Medicine Market Overview
9.2.2 Europe Precision Medicine Market Forecasts and Analysis
9.2.3 Europe Precision Medicine Market Forecasts and Analysis - By Technology
9.2.4 Europe Precision Medicine Market Forecasts and Analysis - By Application
9.2.5 Europe Precision Medicine Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Precision Medicine Market
9.2.5.1.1 Germany Precision Medicine Market by Technology
9.2.5.1.2 Germany Precision Medicine Market by Application
9.2.5.2 France Precision Medicine Market
9.2.5.2.1 France Precision Medicine Market by Technology
9.2.5.2.2 France Precision Medicine Market by Application
9.2.5.3 Italy Precision Medicine Market
9.2.5.3.1 Italy Precision Medicine Market by Technology
9.2.5.3.2 Italy Precision Medicine Market by Application
9.2.5.4 Spain Precision Medicine Market
9.2.5.4.1 Spain Precision Medicine Market by Technology
9.2.5.4.2 Spain Precision Medicine Market by Application
9.2.5.5 United Kingdom Precision Medicine Market
9.2.5.5.1 United Kingdom Precision Medicine Market by Technology
9.2.5.5.2 United Kingdom Precision Medicine Market by Application
9.2.5.6 Rest of Europe Precision Medicine Market
9.2.5.6.1 Rest of Europe Precision Medicine Market by Technology
9.2.5.6.2 Rest of Europe Precision Medicine Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Precision Medicine Market Overview
9.3.2 Asia-Pacific Precision Medicine Market Forecasts and Analysis
9.3.3 Asia-Pacific Precision Medicine Market Forecasts and Analysis - By Technology
9.3.4 Asia-Pacific Precision Medicine Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Precision Medicine Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Precision Medicine Market
9.3.5.1.1 Australia Precision Medicine Market by Technology
9.3.5.1.2 Australia Precision Medicine Market by Application
9.3.5.2 China Precision Medicine Market
9.3.5.2.1 China Precision Medicine Market by Technology
9.3.5.2.2 China Precision Medicine Market by Application
9.3.5.3 India Precision Medicine Market
9.3.5.3.1 India Precision Medicine Market by Technology
9.3.5.3.2 India Precision Medicine Market by Application
9.3.5.4 Japan Precision Medicine Market
9.3.5.4.1 Japan Precision Medicine Market by Technology
9.3.5.4.2 Japan Precision Medicine Market by Application
9.3.5.5 South Korea Precision Medicine Market
9.3.5.5.1 South Korea Precision Medicine Market by Technology
9.3.5.5.2 South Korea Precision Medicine Market by Application
9.3.5.6 Rest of Asia-Pacific Precision Medicine Market
9.3.5.6.1 Rest of Asia-Pacific Precision Medicine Market by Technology
9.3.5.6.2 Rest of Asia-Pacific Precision Medicine Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Precision Medicine Market Overview
9.4.2 Middle East and Africa Precision Medicine Market Forecasts and Analysis
9.4.3 Middle East and Africa Precision Medicine Market Forecasts and Analysis - By Technology
9.4.4 Middle East and Africa Precision Medicine Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Precision Medicine Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Precision Medicine Market
9.4.5.1.1 South Africa Precision Medicine Market by Technology
9.4.5.1.2 South Africa Precision Medicine Market by Application
9.4.5.2 Saudi Arabia Precision Medicine Market
9.4.5.2.1 Saudi Arabia Precision Medicine Market by Technology
9.4.5.2.2 Saudi Arabia Precision Medicine Market by Application
9.4.5.3 U.A.E Precision Medicine Market
9.4.5.3.1 U.A.E Precision Medicine Market by Technology
9.4.5.3.2 U.A.E Precision Medicine Market by Application
9.4.5.4 Rest of Middle East and Africa Precision Medicine Market
9.4.5.4.1 Rest of Middle East and Africa Precision Medicine Market by Technology
9.4.5.4.2 Rest of Middle East and Africa Precision Medicine Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Precision Medicine Market Overview
9.5.2 South and Central America Precision Medicine Market Forecasts and Analysis
9.5.3 South and Central America Precision Medicine Market Forecasts and Analysis - By Technology
9.5.4 South and Central America Precision Medicine Market Forecasts and Analysis - By Application
9.5.5 South and Central America Precision Medicine Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Precision Medicine Market
9.5.5.1.1 Brazil Precision Medicine Market by Technology
9.5.5.1.2 Brazil Precision Medicine Market by Application
9.5.5.2 Argentina Precision Medicine Market
9.5.5.2.1 Argentina Precision Medicine Market by Technology
9.5.5.2.2 Argentina Precision Medicine Market by Application
9.5.5.3 Rest of South and Central America Precision Medicine Market
9.5.5.3.1 Rest of South and Central America Precision Medicine Market by Technology
9.5.5.3.2 Rest of South and Central America Precision Medicine Market by Application
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL PRECISION MEDICINE 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. PRECISION MEDICINE MARKET, KEY COMPANY PROFILES
12.1. F. HOFFMANN-LA ROCHE LTD
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. QUEST DIAGNOSTICS INCORPORATED
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. NOVARTIS AG
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. BRISTOL-MYERS SQUIBB COMPANY
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. MEDTRONIC
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. QIAGEN
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. PFIZER INC.
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. THERMO FISHER SCIENTIFIC INC.
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. ELI LILLY AND COMPANY
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. ASTRAZENECA
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. F. Hoffmann-La Roche Ltd
2. Quest Diagnostics Incorporated
3. Novartis AG
4. Bristol-Myers Squibb Company
5. Medtronic
6. QIAGEN
7. Pfizer Inc.
8. Thermo Fisher Scientific Inc.
9. Eli Lilly and Company
10. AstraZeneca
11. OneOme LLC
12. Kailos Genetics Inc.
13. Syapse Inc.
14. BioSyntagma
15. Biogen

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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