Temporary Knee Spacers Market Size (2021-2031) and Growth
The Temporary Knee Spacers Market is expected to register a CAGR of 9.4% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report presents an analysis based on by Type (Cement, Metal, and Others); End-user (Hospitals, Clinics, and Others). The global analysis is further broken-down at regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis and segments. The report provides key statistics on the market status of the key market players and offers market trends and opportunities.
Purpose of the ReportThe report Temporary Knee Spacers 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.
Temporary Knee Spacers Market Segmentation
Type- Cement
- Metal
- Others
- Hospitals
- Clinics
- Others
Strategic Insights
Temporary Knee Spacers Market Growth Drivers- Widespread Presently Knee Osteoarthritis: An Upward Trend in Knee Osteoarthritis Prevalence in the population aged 65 and over is one of the most important drivers for growth in the temporary knee spacers market. Temporary knee spacers are high in demand in orthopedic surgical procedures as an increasing number of patients go for knee replacement surgeries and undergo severe osteoarthritis. These spacers maintain joint alignment and tend to minimize joint infections during surgery.
- Revision Knee Surgery Growth: The increasing number of knee surgery revision takes place, underlined the temporary knee spacer demand. As the increased incidence rate of secondary knee replacement due to complications from primary knee replacement necessitated placing spacers across the knee for avoiding infection and for component spacing properly. The more joint revisions made in medicine, the more the spacers find their location around this discipline.
- Spacer Technology Advancement: Temporary knee spacer market growth is propelled by progress in technology regarding temporary knee spacers. These included the new materials and designs, like antibiotic-infused spacers, improving the functionality and availability of the space and reducing the infection risk during knee procedures. Advancements in technology have made temporary knee spacers much more effective and appealing to healthcare providers, increasing temporary knee spacers usage in both primary and revision knee replacement surgeries.
- Integration of Antibiotic-impregnated Spacers Novelty: Temporary knee spacers began to undergo more emphasis on antibiotic-impregnated spacers. These spacers were designed for the prevention of knee joint infections mostly among patients undergoing knee replacement surgeries with a history of joint infections. The direct incorporation of antibiotics into the spacer material is beneficial for patient economies so this sooner or later is going to be a commonly accepted practice in orthopedic surgery in every country.
- Customization and Personal Solution: Customization is coming rife in the temporary knee spacers market. Manufacturers are deriving spacers for individual anatomy hence appropriate fitting within patients to get comfort levels and hence performance. This shortens heal time and so the procedure, both primary and revision knee replacement surgeries-most demand can be achieved with such fast-growing techniques.
- Adoption of more Minimally Invasive Techniques: The temporary knee spacers market is hardly immune to the invasion of minimally invasive orthopedic procedures. This development makes surgeons move from previous techniques of surgical incision to smaller incision and short recovery time. Temporary knee spacers accommodate such new procedures, thus making them flexible and compatible with minimally invasive surgical techniques, thereby increasing their demand in modern knee surgeries.
- Penetration in New Geographies: This is the great scope really with emergent countries, which are witnessing a rising trend in both knee arthritis and joint replacement surgeries due to increased life expectancy and urbanization. And since health care infrastructure in these emerging nations improves, demand will increase for temporary knee spacers with near-knee procedures, while manufacturers are able to reach farther in developing economies.
- Impending Growth in Demand for Revision Surgeries: As of now, a large number of knee revision surgeries are performed, and this is where opportunities lie in the market for temporary knee spacers. Most of these initial knee replacements will eventually need some sort of revision, either due to wear and tear or complications arising from the passage of time. Such cases would require advanced spacer solutions over a period of time, especially during infection control and joint-spacing procedures.
- Advancements In Spacer Materials and Design: Spacer materials and design can be further improved with the ongoing advancement in technology. New materials ensuring better durability-even lower infection rates with better health outcomes in the new market are gaining ground among businesses. Possible demand factors for manufacturers making them ready for changes from orthopedic surgeons and patients are antibiotics-loaded spacers, or 3D printed ones with anatomical structures of specific individuals.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Temporary Knee Spacers 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 Temporary Knee Spacers 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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to country scope.
Frequently Asked Questions
High Costs of Surgical Procedures is the major factors hampering the Temporary Knee Spacers Market growth.
Asia Pacific is estimated to grow at the highest CAGR over the forecast year (2023 - 2031)
Asia Pacific region dominated the Temporary Knee Spacers Market in 2023
The Temporary Knee Spacers Market is estimated to witness a CAGR of 9.4% from 2023 to 2031
Biomet, Exactech, Ortho Development, Synimed Synergie Inegnierie Medicale, Tecres, Medtronic are the major companies operating in the Temporary Knee Spacers Market
The final report will duly include market size and projection estimates for all the segments from 2021 to 2031, along with a revenue share and compound annual growth rate (%) for the regional/country-wise market wherein 2021-2022 are the historic years, 2023 is considered to be the base year, and the forecast will be provided till 2031, along with CAGR (%)
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Temporary Knee Spacers Market - By Type
1.3.2 Temporary Knee Spacers Market - By End-user
1.3.3 Temporary Knee Spacers Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. TEMPORARY KNEE SPACERS 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. TEMPORARY KNEE SPACERS 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. TEMPORARY KNEE SPACERS MARKET - GLOBAL MARKET ANALYSIS
6.1. TEMPORARY KNEE SPACERS - GLOBAL MARKET OVERVIEW
6.2. TEMPORARY KNEE SPACERS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. TEMPORARY KNEE SPACERS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. CEMENT
7.3.1. Overview
7.3.2. Cement Market Forecast and Analysis
7.4. METAL
7.4.1. Overview
7.4.2. Metal Market Forecast and Analysis
7.5. AND OTHERS.
7.5.1. Overview
7.5.2. and Others. Market Forecast and Analysis
8. TEMPORARY KNEE SPACERS 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. CLINICS
8.4.1. Overview
8.4.2. Clinics Market Forecast and Analysis
8.5. AND OTHERS.
8.5.1. Overview
8.5.2. and Others. Market Forecast and Analysis
9. TEMPORARY KNEE SPACERS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Temporary Knee Spacers Market Overview
9.1.2 North America Temporary Knee Spacers Market Forecasts and Analysis
9.1.3 North America Temporary Knee Spacers Market Forecasts and Analysis - By Type
9.1.4 North America Temporary Knee Spacers Market Forecasts and Analysis - By End-user
9.1.5 North America Temporary Knee Spacers Market Forecasts and Analysis - By Countries
9.1.5.1 United States Temporary Knee Spacers Market
9.1.5.1.1 United States Temporary Knee Spacers Market by Type
9.1.5.1.2 United States Temporary Knee Spacers Market by End-user
9.1.5.2 Canada Temporary Knee Spacers Market
9.1.5.2.1 Canada Temporary Knee Spacers Market by Type
9.1.5.2.2 Canada Temporary Knee Spacers Market by End-user
9.1.5.3 Mexico Temporary Knee Spacers Market
9.1.5.3.1 Mexico Temporary Knee Spacers Market by Type
9.1.5.3.2 Mexico Temporary Knee Spacers Market by End-user
9.2. EUROPE
9.2.1 Europe Temporary Knee Spacers Market Overview
9.2.2 Europe Temporary Knee Spacers Market Forecasts and Analysis
9.2.3 Europe Temporary Knee Spacers Market Forecasts and Analysis - By Type
9.2.4 Europe Temporary Knee Spacers Market Forecasts and Analysis - By End-user
9.2.5 Europe Temporary Knee Spacers Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Temporary Knee Spacers Market
9.2.5.1.1 Germany Temporary Knee Spacers Market by Type
9.2.5.1.2 Germany Temporary Knee Spacers Market by End-user
9.2.5.2 France Temporary Knee Spacers Market
9.2.5.2.1 France Temporary Knee Spacers Market by Type
9.2.5.2.2 France Temporary Knee Spacers Market by End-user
9.2.5.3 Italy Temporary Knee Spacers Market
9.2.5.3.1 Italy Temporary Knee Spacers Market by Type
9.2.5.3.2 Italy Temporary Knee Spacers Market by End-user
9.2.5.4 United Kingdom Temporary Knee Spacers Market
9.2.5.4.1 United Kingdom Temporary Knee Spacers Market by Type
9.2.5.4.2 United Kingdom Temporary Knee Spacers Market by End-user
9.2.5.5 Russia Temporary Knee Spacers Market
9.2.5.5.1 Russia Temporary Knee Spacers Market by Type
9.2.5.5.2 Russia Temporary Knee Spacers Market by End-user
9.2.5.6 Rest of Europe Temporary Knee Spacers Market
9.2.5.6.1 Rest of Europe Temporary Knee Spacers Market by Type
9.2.5.6.2 Rest of Europe Temporary Knee Spacers Market by End-user
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Temporary Knee Spacers Market Overview
9.3.2 Asia-Pacific Temporary Knee Spacers Market Forecasts and Analysis
9.3.3 Asia-Pacific Temporary Knee Spacers Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Temporary Knee Spacers Market Forecasts and Analysis - By End-user
9.3.5 Asia-Pacific Temporary Knee Spacers Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Temporary Knee Spacers Market
9.3.5.1.1 Australia Temporary Knee Spacers Market by Type
9.3.5.1.2 Australia Temporary Knee Spacers Market by End-user
9.3.5.2 China Temporary Knee Spacers Market
9.3.5.2.1 China Temporary Knee Spacers Market by Type
9.3.5.2.2 China Temporary Knee Spacers Market by End-user
9.3.5.3 India Temporary Knee Spacers Market
9.3.5.3.1 India Temporary Knee Spacers Market by Type
9.3.5.3.2 India Temporary Knee Spacers Market by End-user
9.3.5.4 Japan Temporary Knee Spacers Market
9.3.5.4.1 Japan Temporary Knee Spacers Market by Type
9.3.5.4.2 Japan Temporary Knee Spacers Market by End-user
9.3.5.5 South Korea Temporary Knee Spacers Market
9.3.5.5.1 South Korea Temporary Knee Spacers Market by Type
9.3.5.5.2 South Korea Temporary Knee Spacers Market by End-user
9.3.5.6 Rest of Asia-Pacific Temporary Knee Spacers Market
9.3.5.6.1 Rest of Asia-Pacific Temporary Knee Spacers Market by Type
9.3.5.6.2 Rest of Asia-Pacific Temporary Knee Spacers Market by End-user
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Temporary Knee Spacers Market Overview
9.4.2 Middle East and Africa Temporary Knee Spacers Market Forecasts and Analysis
9.4.3 Middle East and Africa Temporary Knee Spacers Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Temporary Knee Spacers Market Forecasts and Analysis - By End-user
9.4.5 Middle East and Africa Temporary Knee Spacers Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Temporary Knee Spacers Market
9.4.5.1.1 South Africa Temporary Knee Spacers Market by Type
9.4.5.1.2 South Africa Temporary Knee Spacers Market by End-user
9.4.5.2 Saudi Arabia Temporary Knee Spacers Market
9.4.5.2.1 Saudi Arabia Temporary Knee Spacers Market by Type
9.4.5.2.2 Saudi Arabia Temporary Knee Spacers Market by End-user
9.4.5.3 U.A.E Temporary Knee Spacers Market
9.4.5.3.1 U.A.E Temporary Knee Spacers Market by Type
9.4.5.3.2 U.A.E Temporary Knee Spacers Market by End-user
9.4.5.4 Rest of Middle East and Africa Temporary Knee Spacers Market
9.4.5.4.1 Rest of Middle East and Africa Temporary Knee Spacers Market by Type
9.4.5.4.2 Rest of Middle East and Africa Temporary Knee Spacers Market by End-user
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Temporary Knee Spacers Market Overview
9.5.2 South and Central America Temporary Knee Spacers Market Forecasts and Analysis
9.5.3 South and Central America Temporary Knee Spacers Market Forecasts and Analysis - By Type
9.5.4 South and Central America Temporary Knee Spacers Market Forecasts and Analysis - By End-user
9.5.5 South and Central America Temporary Knee Spacers Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Temporary Knee Spacers Market
9.5.5.1.1 Brazil Temporary Knee Spacers Market by Type
9.5.5.1.2 Brazil Temporary Knee Spacers Market by End-user
9.5.5.2 Argentina Temporary Knee Spacers Market
9.5.5.2.1 Argentina Temporary Knee Spacers Market by Type
9.5.5.2.2 Argentina Temporary Knee Spacers Market by End-user
9.5.5.3 Rest of South and Central America Temporary Knee Spacers Market
9.5.5.3.1 Rest of South and Central America Temporary Knee Spacers Market by Type
9.5.5.3.2 Rest of South and Central America Temporary Knee Spacers Market by End-user
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL TEMPORARY KNEE SPACERS 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. TEMPORARY KNEE SPACERS MARKET, KEY COMPANY PROFILES
12.1. BIOMET
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. EXACTECH
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. ORTHO DEVELOPMENT
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. SYNIMED SYNERGIE INEGNIERIE MEDICALE
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. TECRES
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. MEDTRONIC
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. DENTSPLY SIRONA
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. DJO GLOBAL
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. CANMED
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. NEUROWAVE
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. Biomet
2. Exactech
3. Ortho Development
4. Synimed Synergie Inegnierie Medicale
5. Tecres
6. Medtronic
7. DENTSPLY SIRONA
8. DJO Global
9. Canmed
10. Neurowave
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
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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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