Spinal Implants & Devices professional Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
MARKET OVERVIEW
During surgery, physicians employ spinal implants to address deformities, stabilize and strengthen the spin, and enable fusion. Degenerative disc disease, scoliosis, kyphosis, spondylolisthesis, and fracture are among conditions that can be addressed by spinal implants. Different materials, such as titanium, titanium-alloy, stainless steel, and polymers, can be used to make spinal implants. Titanium implants are preferred by surgeons and medical professionals all over the world due to their exceptional qualities. Titanium is a strong, lightweight, and long-lasting material that can be imaged via MRI. Surgery devices come in a variety of sizes and forms, and some can be molded during surgery to fit the anatomy of the patient. Many implants, such as cervical plates, have a low profile, which means they aren't bulky and sit flush against the anatomy of the spine. A substance that stimulates fusion can be applied to pedicle screws.
MARKET SCOPE
The Spinal Implants & Devices professional Market is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Spinal Implants & Devices professional Market with detailed market segmentation by type, surgery, end-user, and geography. The report provides key statistics on the market status of the leading players and offers key Spinal Implants & Devices professional Market trends and opportunities in the market.
MARKET SEGMENTATION
- Based on types, the Spinal Implants & Devices professional Market is segmented into:
- Spinal Fusion Implants
- Interspinous Process Spacers
- Spine bone stimulators
- Spine Biologics
- Bone Graft Substitutes
- Cell-Based Matrix
- On the basis of surgery, the market is bifurcated into Open Spine Surgery and Minimally Invasive Spine Surgery.
MARKET DYNAMICS
Drivers:
- Rising prevalence of spinal illnesses, the introduction of enhanced bone grafting materials.
- The growing use of minimally invasive spine procedures.
Restraints:
- Adverse reimbursement environment.
- The current pandemic situation, and demanding regulatory approvals.
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REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Spinal Implants & Devices professional Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social, and technological factors affecting the Spinal Implants & Devices professional Market in these regions.
IMPACT OF COVID-19 ON SPINAL IMPLANTS & DEVICES PROFESSIONAL MARKET
COVID-19 first began in Wuhan (China) in December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The pandemic has affected the growth of this market worldwide due to the business shutdown, worldwide lockdown, and supply and trade disruptions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Spinal Implants & Devices professional Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social, and technological factors affecting the Spinal Implants & Devices professional Market in these regions.
IMPACT OF COVID-19 ON SPINAL IMPLANTS & DEVICES PROFESSIONAL MARKET
COVID-19 first began in Wuhan (China) in December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The pandemic has affected the growth of this market worldwide due to the business shutdown, worldwide lockdown, and supply and trade disruptions.
MARKET PLAYERS
The report covers key developments in the Spinal Implants & Devices professional Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and part partnerships Collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market players from the Spinal Implants & Devices professional Market are anticipated to have lucrative growth opportunities in the future with the rising demand Spinal Implants & Devices professional Market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Spinal Implants & Devices professional Market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Paragon Medical, Inc.
- Norman Noble, Inc.
- Nutech
- Titan Spine
- Wenzel Spine, Inc.
- X-spine System, Inc.
- Tecomet, Inc.
- Marox Corporation
- Axial Medical
- Spine Wave
- 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 Spinal Implants And Devices Professional Market - By Type
1.3.2 Spinal Implants And Devices Professional Market - By Surgery
1.3.3 Spinal Implants And Devices Professional Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SPINAL IMPLANTS AND DEVICES PROFESSIONAL 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. SPINAL IMPLANTS AND DEVICES PROFESSIONAL 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. SPINAL IMPLANTS AND DEVICES PROFESSIONAL MARKET - GLOBAL MARKET ANALYSIS
6.1. SPINAL IMPLANTS AND DEVICES PROFESSIONAL - GLOBAL MARKET OVERVIEW
6.2. SPINAL IMPLANTS AND DEVICES PROFESSIONAL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. SPINAL IMPLANTS AND DEVICES PROFESSIONAL MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. SPINAL FUSION IMPLANTS
7.3.1. Overview
7.3.2. Spinal Fusion Implants Market Forecast and Analysis
7.4. INTERSPINOUS PROCESS SPACERS
7.4.1. Overview
7.4.2. Interspinous Process Spacers Market Forecast and Analysis
7.5. SPINE BONE STIMULATORS
7.5.1. Overview
7.5.2. Spine Bone Stimulators Market Forecast and Analysis
7.6. SPINE BIOLOGICS
7.6.1. Overview
7.6.2. Spine Biologics Market Forecast and Analysis
7.7. BONE GRAFT SUBSTITUTES
7.7.1. Overview
7.7.2. Bone Graft Substitutes Market Forecast and Analysis
7.8. CELL- BASED MATRIX
7.8.1. Overview
7.8.2. Cell- Based Matrix Market Forecast and Analysis
8. SPINAL IMPLANTS AND DEVICES PROFESSIONAL MARKET - REVENUE AND FORECASTS TO 2028 - SURGERY
8.1. OVERVIEW
8.2. SURGERY MARKET FORECASTS AND ANALYSIS
8.3. OPEN SPINE SURGERY
8.3.1. Overview
8.3.2. Open Spine surgery Market Forecast and Analysis
8.4. MINIMALLY INVASIVE SPINE SURGERY
8.4.1. Overview
8.4.2. Minimally Invasive Spine Surgery Market Forecast and Analysis
9. SPINAL IMPLANTS AND DEVICES PROFESSIONAL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Spinal Implants And Devices Professional Market Overview
9.1.2 North America Spinal Implants And Devices Professional Market Forecasts and Analysis
9.1.3 North America Spinal Implants And Devices Professional Market Forecasts and Analysis - By Type
9.1.4 North America Spinal Implants And Devices Professional Market Forecasts and Analysis - By Surgery
9.1.5 North America Spinal Implants And Devices Professional Market Forecasts and Analysis - By Countries
9.1.5.1 United States Spinal Implants And Devices Professional Market
9.1.5.1.1 United States Spinal Implants And Devices Professional Market by Type
9.1.5.1.2 United States Spinal Implants And Devices Professional Market by Surgery
9.1.5.2 Canada Spinal Implants And Devices Professional Market
9.1.5.2.1 Canada Spinal Implants And Devices Professional Market by Type
9.1.5.2.2 Canada Spinal Implants And Devices Professional Market by Surgery
9.1.5.3 Mexico Spinal Implants And Devices Professional Market
9.1.5.3.1 Mexico Spinal Implants And Devices Professional Market by Type
9.1.5.3.2 Mexico Spinal Implants And Devices Professional Market by Surgery
9.2. EUROPE
9.2.1 Europe Spinal Implants And Devices Professional Market Overview
9.2.2 Europe Spinal Implants And Devices Professional Market Forecasts and Analysis
9.2.3 Europe Spinal Implants And Devices Professional Market Forecasts and Analysis - By Type
9.2.4 Europe Spinal Implants And Devices Professional Market Forecasts and Analysis - By Surgery
9.2.5 Europe Spinal Implants And Devices Professional Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Spinal Implants And Devices Professional Market
9.2.5.1.1 Germany Spinal Implants And Devices Professional Market by Type
9.2.5.1.2 Germany Spinal Implants And Devices Professional Market by Surgery
9.2.5.2 France Spinal Implants And Devices Professional Market
9.2.5.2.1 France Spinal Implants And Devices Professional Market by Type
9.2.5.2.2 France Spinal Implants And Devices Professional Market by Surgery
9.2.5.3 Italy Spinal Implants And Devices Professional Market
9.2.5.3.1 Italy Spinal Implants And Devices Professional Market by Type
9.2.5.3.2 Italy Spinal Implants And Devices Professional Market by Surgery
9.2.5.4 United Kingdom Spinal Implants And Devices Professional Market
9.2.5.4.1 United Kingdom Spinal Implants And Devices Professional Market by Type
9.2.5.4.2 United Kingdom Spinal Implants And Devices Professional Market by Surgery
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Spinal Implants And Devices Professional Market Overview
9.3.2 Asia-Pacific Spinal Implants And Devices Professional Market Forecasts and Analysis
9.3.3 Asia-Pacific Spinal Implants And Devices Professional Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Spinal Implants And Devices Professional Market Forecasts and Analysis - By Surgery
9.3.5 Asia-Pacific Spinal Implants And Devices Professional Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Spinal Implants And Devices Professional Market
9.3.5.1.1 Australia Spinal Implants And Devices Professional Market by Type
9.3.5.1.2 Australia Spinal Implants And Devices Professional Market by Surgery
9.3.5.2 China Spinal Implants And Devices Professional Market
9.3.5.2.1 China Spinal Implants And Devices Professional Market by Type
9.3.5.2.2 China Spinal Implants And Devices Professional Market by Surgery
9.3.5.3 India Spinal Implants And Devices Professional Market
9.3.5.3.1 India Spinal Implants And Devices Professional Market by Type
9.3.5.3.2 India Spinal Implants And Devices Professional Market by Surgery
9.3.5.4 Japan Spinal Implants And Devices Professional Market
9.3.5.4.1 Japan Spinal Implants And Devices Professional Market by Type
9.3.5.4.2 Japan Spinal Implants And Devices Professional Market by Surgery
9.3.5.5 South Korea Spinal Implants And Devices Professional Market
9.3.5.5.1 South Korea Spinal Implants And Devices Professional Market by Type
9.3.5.5.2 South Korea Spinal Implants And Devices Professional Market by Surgery
9.3.5.6 Rest of Asia-Pacific Spinal Implants And Devices Professional Market
9.3.5.6.1 Rest of Asia-Pacific Spinal Implants And Devices Professional Market by Type
9.3.5.6.2 Rest of Asia-Pacific Spinal Implants And Devices Professional Market by Surgery
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Spinal Implants And Devices Professional Market Overview
9.4.2 Middle East and Africa Spinal Implants And Devices Professional Market Forecasts and Analysis
9.4.3 Middle East and Africa Spinal Implants And Devices Professional Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Spinal Implants And Devices Professional Market Forecasts and Analysis - By Surgery
9.4.5 Middle East and Africa Spinal Implants And Devices Professional Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Spinal Implants And Devices Professional Market
9.4.5.1.1 South Africa Spinal Implants And Devices Professional Market by Type
9.4.5.1.2 South Africa Spinal Implants And Devices Professional Market by Surgery
9.4.5.2 Saudi Arabia Spinal Implants And Devices Professional Market
9.4.5.2.1 Saudi Arabia Spinal Implants And Devices Professional Market by Type
9.4.5.2.2 Saudi Arabia Spinal Implants And Devices Professional Market by Surgery
9.4.5.3 U.A.E Spinal Implants And Devices Professional Market
9.4.5.3.1 U.A.E Spinal Implants And Devices Professional Market by Type
9.4.5.3.2 U.A.E Spinal Implants And Devices Professional Market by Surgery
9.4.5.4 Rest of Middle East and Africa Spinal Implants And Devices Professional Market
9.4.5.4.1 Rest of Middle East and Africa Spinal Implants And Devices Professional Market by Type
9.4.5.4.2 Rest of Middle East and Africa Spinal Implants And Devices Professional Market by Surgery
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Spinal Implants And Devices Professional Market Overview
9.5.2 South and Central America Spinal Implants And Devices Professional Market Forecasts and Analysis
9.5.3 South and Central America Spinal Implants And Devices Professional Market Forecasts and Analysis - By Type
9.5.4 South and Central America Spinal Implants And Devices Professional Market Forecasts and Analysis - By Surgery
9.5.5 South and Central America Spinal Implants And Devices Professional Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Spinal Implants And Devices Professional Market
9.5.5.1.1 Brazil Spinal Implants And Devices Professional Market by Type
9.5.5.1.2 Brazil Spinal Implants And Devices Professional Market by Surgery
9.5.5.2 Argentina Spinal Implants And Devices Professional Market
9.5.5.2.1 Argentina Spinal Implants And Devices Professional Market by Type
9.5.5.2.2 Argentina Spinal Implants And Devices Professional Market by Surgery
9.5.5.3 Rest of South and Central America Spinal Implants And Devices Professional Market
9.5.5.3.1 Rest of South and Central America Spinal Implants And Devices Professional Market by Type
9.5.5.3.2 Rest of South and Central America Spinal Implants And Devices Professional Market by Surgery
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL SPINAL IMPLANTS AND DEVICES PROFESSIONAL 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. SPINAL IMPLANTS AND DEVICES PROFESSIONAL MARKET, KEY COMPANY PROFILES
12.1. PARAGON MEDICAL, 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. NORMAN NOBEL, INC
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. NUTECH
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. TITAN SPINE
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. WENZEL SPINE, INC
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. X-SPINE SYSTEM, 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. TECOMET, 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. MAROX CORPORATION
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. AXIAL MEDICAL
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. SPINE WAVE
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
- Paragon Medical, Inc.
- Norman Noble, Inc.
- Nutech
- Titan Spine
- Wenzel Spine, Inc.
- X-spine System, Inc.
- Tecomet, Inc.
- Marox Corporation
- Axial Medical
- Spine Wave
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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