Recording Chart Paper Market Size and CAGR by 2031
The Recording Chart Paper Market is expected to register a CAGR of 4.3% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Product Type (Cardiology Monitoring Recording Chart Papers, Fetal Monitoring Recording Chart Papers, Ambulatory and EMS Recording Charts for Defibrillators, Ultrasound and OBGYN Recording Chart Paper); End User (Hospitals, Diagnostic Centers, Ambulatory Surgical Centers, Others). The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Recording Chart Paper 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.
Recording Chart Paper Market Segmentation
Product Type- Cardiology Monitoring Recording Chart Papers
- Fetal Monitoring Recording Chart Papers
- Ambulatory and EMS Recording Charts for Defibrillators
- Ultrasound and OBGYN Recording Chart Paper
- Hospitals
- Diagnostic Centers
- Ambulatory Surgical Centers
- Others
Strategic Insights
Recording Chart Paper Market Growth Drivers- Growth of Healthcare and Diagnostic Centers: The issue of recording chart paper and other related products is on the rise due to the proliferation of healthcare facilities and diagnostic centers and outpatient clinics across the globe. These centers make use of chart paper for the efficacy of recording patient vitals, ECG, and other important parameters. Given that the healthcare sector is still in its growth phase especially in the up coming countries, so is the demand for the other old school equipment used in healthcare recording such as the chart paper
- Shift Toward Manual Documentation in Low-Cost Settings: This is even truer for many third world countries where low cost strategies are encouraged in the provision of health care services most digital systems are quite inaccessible. Recording chart paper is a cheaper alternative solution for patients attending record so that the health workers do not have to spend so much on buying e health systems. This elongates the demand cycle for the chart paper.
- Demand for Paper-Based Medical Records in Regulatory Compliance: Several years back, with the commencement of computerized medical records in health institutions, such recording chart paper has been rendered obsolete. In some areas such laws exists that require health records to be kept in paper for some treatments or diseases. Therefore, this compliance to the health authority’s policies and laws justifies the constant usage of the recording chart paper within the health facilities.
- Transition to Eco-Friendly Paper Options: The other notable trend on the recording chart paper market is the move towards environmental friendly and cord paper. Health care service providers are increasingly willing to use green materials due to their sensitivity to the environment. Producers of chart paper are also making products which are either recycled or made from biodegradable products as per the worldwide call to reduce wastage and minimize environmental harm in the health care sector.
- Integration of Multi-Function Chart Paper: One more direction is linked to the design of recording chart paper that performs multi-functions, for example, offers an introduction of a general temperature-sensitive recording chart paper with pre-printed graphs of readings. Such advanced papers for training purposes reduce the chances of making errors in documentation and eliminate the use of extra materials. In order to meet the needs of many different monitoring devices, the manufacturers have made the chart paper even more multifunctional for health care providers.
- Hybrid Use of Digital and Paper-Based Systems: In as much as electronic health records (EHR)s are gaining acceptance more and more with each passing day, quite a number of health institutions are still keen on using a combination of paper and electronic records. Within this trend, recording chart paper is applied in conjunction with electronic systems so as to enhance redundancy, efficiency of patient data workflow and facilitate retention of hard copies of important patient information. The implications of this for the market are that there is still a case for the traditional chart paper usage even in the present day state of modern health care systems.
- Expansion in Developing Healthcare Markets: The scope of the recording chart paper market is huge in the developing countries where the healthcare infrastructure is at its nascent stage. A lot of hospitals and clinics in these areas still practice paper usage as there is limited access to the digitalized systems. This gives rise to need for low cost recording chart papers as construction of healthcare facilities is on the up rise to cater for increasing number of patients.
- Customization for Specialized Medical Applications: The chart recording paper market can also expand by producing different types of papers per the requirements of various medial branches. For instance, tailor-made graph paper that is designed for devices like ECGs, EEGs, and fetal monitors enhances the effectiveness of the healthcare records. This approach enables the firms to tap into the smaller markets inside the bigger medical industries.
- Integration with Smart Healthcare Devices: New developments in healthcare technology allows recording chart paper to be developed to smart medical devices. The objective is to create a type of chart paper that will have input/output capabilities such that it will be connected to sensors/monitors which will print out data in real time. This will help address the issues of hospitals that are still paper resistant but do not want to revert entirely to non-digital systems and are thus at the moment providing a halfway approach.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Recording Chart Paper 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 Recording Chart Paper 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
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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Frequently Asked Questions
The Recording Chart Paper Market is estimated to witness a CAGR of 4.3% from 2023 to 2031
The major factors driving the recording chart paper market are:
1.Growth of Healthcare and Diagnostic Centers
2.Shift Toward Manual Documentation in Low-Cost Settings
3. Demand for Paper-Based Medical Records in Regulatory Compliance
North America region dominated the recording chart paper market in 2023
Asia Pacific region dominated the recording chart paper market in 2023
The Cardiology Monitoring Recording Chart Papers segment accounts for highest revenue in product type segment in 2023
Medtronic plc, Tele-Paper Sdn Bhd., Precision Charts Inc., Pirrone srl, Euran Erikoispaperit Oy, Recorders Charts & Pens Inc, Kokusai Chart Corporation, Cardinal Health, Chhenna Corporation, Merck KGaA are some of the major market players operating in the market
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Recording Chart Paper Market - By Product Type
1.3.2 Recording Chart Paper Market - By End User
1.3.3 Recording Chart Paper Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. RECORDING CHART PAPER 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. RECORDING CHART PAPER 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. RECORDING CHART PAPER MARKET - GLOBAL MARKET ANALYSIS
6.1. RECORDING CHART PAPER - GLOBAL MARKET OVERVIEW
6.2. RECORDING CHART PAPER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. RECORDING CHART PAPER MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. CARDIOLOGY MONITORING RECORDING CHART PAPERS
7.3.1. Overview
7.3.2. Cardiology Monitoring Recording Chart Papers Market Forecast and Analysis
7.4. FETAL MONITORING RECORDING CHART PAPERS
7.4.1. Overview
7.4.2. Fetal Monitoring Recording Chart Papers Market Forecast and Analysis
7.5. AMBULATORY AND EMS RECORDING CHARTS FOR DEFIBRILLATORS
7.5.1. Overview
7.5.2. Ambulatory and EMS Recording Charts for Defibrillators Market Forecast and Analysis
7.6. ULTRASOUND AND OBGYN RECORDING CHART PAPE
7.6.1. Overview
7.6.2. Ultrasound and OBGYN Recording Chart Pape Market Forecast and Analysis
8. RECORDING CHART PAPER MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. HOSPITALS
8.3.1. Overview
8.3.2. Hospitals Market Forecast and Analysis
8.4. DIAGNOSTIC CENTERS
8.4.1. Overview
8.4.2. Diagnostic Centers Market Forecast and Analysis
8.5. AMBULATORY SURGICAL CENTERS
8.5.1. Overview
8.5.2. Ambulatory Surgical Centers Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. RECORDING CHART PAPER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Recording Chart Paper Market Overview
9.1.2 North America Recording Chart Paper Market Forecasts and Analysis
9.1.3 North America Recording Chart Paper Market Forecasts and Analysis - By Product Type
9.1.4 North America Recording Chart Paper Market Forecasts and Analysis - By End User
9.1.5 North America Recording Chart Paper Market Forecasts and Analysis - By Countries
9.1.5.1 United States Recording Chart Paper Market
9.1.5.1.1 United States Recording Chart Paper Market by Product Type
9.1.5.1.2 United States Recording Chart Paper Market by End User
9.1.5.2 Canada Recording Chart Paper Market
9.1.5.2.1 Canada Recording Chart Paper Market by Product Type
9.1.5.2.2 Canada Recording Chart Paper Market by End User
9.1.5.3 Mexico Recording Chart Paper Market
9.1.5.3.1 Mexico Recording Chart Paper Market by Product Type
9.1.5.3.2 Mexico Recording Chart Paper Market by End User
9.2. EUROPE
9.2.1 Europe Recording Chart Paper Market Overview
9.2.2 Europe Recording Chart Paper Market Forecasts and Analysis
9.2.3 Europe Recording Chart Paper Market Forecasts and Analysis - By Product Type
9.2.4 Europe Recording Chart Paper Market Forecasts and Analysis - By End User
9.2.5 Europe Recording Chart Paper Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Recording Chart Paper Market
9.2.5.1.1 Germany Recording Chart Paper Market by Product Type
9.2.5.1.2 Germany Recording Chart Paper Market by End User
9.2.5.2 France Recording Chart Paper Market
9.2.5.2.1 France Recording Chart Paper Market by Product Type
9.2.5.2.2 France Recording Chart Paper Market by End User
9.2.5.3 Italy Recording Chart Paper Market
9.2.5.3.1 Italy Recording Chart Paper Market by Product Type
9.2.5.3.2 Italy Recording Chart Paper Market by End User
9.2.5.4 Spain Recording Chart Paper Market
9.2.5.4.1 Spain Recording Chart Paper Market by Product Type
9.2.5.4.2 Spain Recording Chart Paper Market by End User
9.2.5.5 United Kingdom Recording Chart Paper Market
9.2.5.5.1 United Kingdom Recording Chart Paper Market by Product Type
9.2.5.5.2 United Kingdom Recording Chart Paper Market by End User
9.2.5.6 Rest of Europe Recording Chart Paper Market
9.2.5.6.1 Rest of Europe Recording Chart Paper Market by Product Type
9.2.5.6.2 Rest of Europe Recording Chart Paper Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Recording Chart Paper Market Overview
9.3.2 Asia-Pacific Recording Chart Paper Market Forecasts and Analysis
9.3.3 Asia-Pacific Recording Chart Paper Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Recording Chart Paper Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Recording Chart Paper Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Recording Chart Paper Market
9.3.5.1.1 Australia Recording Chart Paper Market by Product Type
9.3.5.1.2 Australia Recording Chart Paper Market by End User
9.3.5.2 China Recording Chart Paper Market
9.3.5.2.1 China Recording Chart Paper Market by Product Type
9.3.5.2.2 China Recording Chart Paper Market by End User
9.3.5.3 India Recording Chart Paper Market
9.3.5.3.1 India Recording Chart Paper Market by Product Type
9.3.5.3.2 India Recording Chart Paper Market by End User
9.3.5.4 Japan Recording Chart Paper Market
9.3.5.4.1 Japan Recording Chart Paper Market by Product Type
9.3.5.4.2 Japan Recording Chart Paper Market by End User
9.3.5.5 South Korea Recording Chart Paper Market
9.3.5.5.1 South Korea Recording Chart Paper Market by Product Type
9.3.5.5.2 South Korea Recording Chart Paper Market by End User
9.3.5.6 Rest of Asia-Pacific Recording Chart Paper Market
9.3.5.6.1 Rest of Asia-Pacific Recording Chart Paper Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Recording Chart Paper Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Recording Chart Paper Market Overview
9.4.2 Middle East and Africa Recording Chart Paper Market Forecasts and Analysis
9.4.3 Middle East and Africa Recording Chart Paper Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Recording Chart Paper Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Recording Chart Paper Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Recording Chart Paper Market
9.4.5.1.1 South Africa Recording Chart Paper Market by Product Type
9.4.5.1.2 South Africa Recording Chart Paper Market by End User
9.4.5.2 Saudi Arabia Recording Chart Paper Market
9.4.5.2.1 Saudi Arabia Recording Chart Paper Market by Product Type
9.4.5.2.2 Saudi Arabia Recording Chart Paper Market by End User
9.4.5.3 U.A.E Recording Chart Paper Market
9.4.5.3.1 U.A.E Recording Chart Paper Market by Product Type
9.4.5.3.2 U.A.E Recording Chart Paper Market by End User
9.4.5.4 Rest of Middle East and Africa Recording Chart Paper Market
9.4.5.4.1 Rest of Middle East and Africa Recording Chart Paper Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Recording Chart Paper Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Recording Chart Paper Market Overview
9.5.2 South and Central America Recording Chart Paper Market Forecasts and Analysis
9.5.3 South and Central America Recording Chart Paper Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Recording Chart Paper Market Forecasts and Analysis - By End User
9.5.5 South and Central America Recording Chart Paper Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Recording Chart Paper Market
9.5.5.1.1 Brazil Recording Chart Paper Market by Product Type
9.5.5.1.2 Brazil Recording Chart Paper Market by End User
9.5.5.2 Argentina Recording Chart Paper Market
9.5.5.2.1 Argentina Recording Chart Paper Market by Product Type
9.5.5.2.2 Argentina Recording Chart Paper Market by End User
9.5.5.3 Rest of South and Central America Recording Chart Paper Market
9.5.5.3.1 Rest of South and Central America Recording Chart Paper Market by Product Type
9.5.5.3.2 Rest of South and Central America Recording Chart Paper Market by End User
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL RECORDING CHART PAPER 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. RECORDING CHART PAPER MARKET, KEY COMPANY PROFILES
12.1. MEDTRONIC PLC
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. TELE-PAPER SDN BHD.
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. PRECISION CHARTS INC.
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. PIRRONE SRL
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. EURAN ERIKOISPAPERIT OY
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. RECORDERS CHARTS AND PENS INC.
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. KOKUSAI CHART CORPORATION
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. MERCK KGAA
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. GLOBALSPEC
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. THOMAS SCIENTIFIC
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
1. Medtronic plc
2. Tele-Paper Sdn Bhd.
3. Precision Charts Inc.
4. Pirrone srl
5. Euran Erikoispaperit Oy
6. Recorders Charts & Pens Inc
7. Kokusai Chart Corporation
8. Cardinal Health
9. Chhenna Corporation
10. Dart Technologies
11. Merck KGaA
12. GlobalSpec
13. Thomas Scientific
14. Nissha Medical Technologies
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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