Ultrasonic Dental Scalers Market Trends and Forecast (2021-2031)
The Ultrasonic Dental Scalers Market is expected to register a CAGR of 9.3% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX million by 2031.
The report is segmented by Ultrasonic Dental Scalers Market By Product Type (Magnetostrictive Ultrasonic Scalers, Piezoelectric Ultrasonic Scalers); Application (Periodontal, Endodontic, Others); End User (Hospitals, Dental Clinics, Other End Users), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Ultrasonic Dental Scalers 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.
Ultrasonic Dental Scalers Market Segmentation
Product Type- Magnetostrictive Ultrasonic Scalers
- Piezoelectric Ultrasonic Scalers
- Periodontal
- Endodontic
- Hospitals
- Dental Clinics
- Other End Users
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Strategic Insights
Ultrasonic Dental Scalers Market Growth Drivers- Rising demand for non-invasive surgeries: Non-invasive diagnostic techniques are becoming more and more popular in the medical field, including dentistry. Ultrasonic scaler are becoming more and more popular in dental offices because they offer high-resolution imaging without requiring intrusive treatments.This factor has aided the market growth in the recent past and is expected to continue a similar trend during the forecast period.
- Rising Oral Health Awareness: More people are seeking routine dental examinations as a result of growing public awareness of oral hygiene and health. The need for cutting-edge imaging technologies, such as ultrasonic scaler, which support precise diagnosis and treatment planning, is increased by this development.
- Growing Incidence of Dental Disorders: Effective diagnostic methods are required due to the increasing prevalence of dental problems worldwide. The market is growing because ultrasonic scaler are essential for the early diagnosis and treatment of various illnesses. This factor has aided the market growth in the recent past and is expected to continue a similar trend during the forecast period.
- Technological Advancements: Technological developments in dentistry have been essential to the growth of the market. Ultrasonic scaler technology is constantly evolving, improving diagnostic capabilities and imaging quality, which increases the usefulness of these instruments for dental applications. This includes advancements in non-invasive diagnostic techniques and real-time imaging, which are crucial for contemporary dentistry.
- Market Expansion of Dental Clinics: Market Expansion of Dental Clinics-Ultrasonic scaler and other advanced imaging technologies are becoming more widely used as a result of the expansion of dental clinics and the renovation of existing facilities. This is especially noticeable in areas like Asia-Pacific where healthcare infrastructure is expanding.
- Easy to Use: Because of its convenient design, surgeons can effortlessly plug in and use portable devices while doing procedures. The surgical procedure is streamlined and setup time is decreased by this user-friendly design. In many areas, favorable laws and reimbursement practices promote the use of cutting-edge dental technologies, like as ultrasonic scaler, increasing their accessibility for both patients and professionals.
- Digital Technology Integration: Better data administration and analysis in dental practices are made possible by the integration of ultrasonic scaler with digital platforms. As procedures move toward digital solutions for accuracy and efficiency, this integration is becoming more and more crucial.This factor has aided the market growth in the recent past and is expected to continue a similar trend during the forecast period.
- Photon Counting Devices (PCD) and Digital Imaging Technologies: Dental diagnostics has been transformed by the transition from film-based imaging to digital intraoral scaler. Digital scaler eliminate the delays that come with film processing by providing images with better resolution and instantaneous presentation on computer screens. By cutting down on wait times, this not only increases workflow efficiency but also improves patient comfort. These gadgets reduce radiation exposure while increasing sensor sensitivity. This development solves patient safety issues by enabling detailed imaging with less radiation dosages, which is essential in dental offices.
- Enhanced Frequency and Amplitude Control: With the frequency and amplitude settings of modern ultrasonic scalers, dentists may customize treatments to meet the needs of each patient. Higher frequencies efficiently target recalcitrant calculus, whereas lower frequencies can be applied to delicate areas.This factor has aided the market growth in the recent past and is expected to continue a similar trend during the forecast period.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Ultrasonic Dental Scalers 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 Ultrasonic Dental Scalers 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.
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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
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to country scope.
Frequently Asked Questions
Digital Technology Integration
Europe region is expected to witness a high growth rate in terms of CAGR after Asia Pacific region during the forecast period
Rising demand for non-invasive surgeries
Asia Pacific region is expected to witness the highest growth during the forecast period
The Ultrasonic Dental Scalers Market is estimated to witness a CAGR of 9.3% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Ultrasonic Dental Scalers Market - By Product Type
1.3.2 Ultrasonic Dental Scalers Market - By Application
1.3.3 Ultrasonic Dental Scalers Market - By End User
1.3.4 Ultrasonic Dental Scalers Market - By Region
1.3.4.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. ULTRASONIC DENTAL SCALERS 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. ULTRASONIC DENTAL SCALERS 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, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. ULTRASONIC DENTAL SCALERS MARKET - GLOBAL MARKET ANALYSIS
6.1. ULTRASONIC DENTAL SCALERS - GLOBAL MARKET OVERVIEW
6.2. ULTRASONIC DENTAL SCALERS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ULTRASONIC DENTAL SCALERS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. MAGNETOSTRICTIVE ULTRASONIC SCALERS
7.3.1. Overview
7.3.2. Magnetostrictive Ultrasonic Scalers Market Forecast and Analysis
7.4. PIEZOELECTRIC ULTRASONIC SCALERS
7.4.1. Overview
7.4.2. Piezoelectric Ultrasonic Scalers Market Forecast and Analysis
8. ULTRASONIC DENTAL SCALERS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. PERIODONTAL
8.3.1. Overview
8.3.2. Periodontal Market Forecast and Analysis
8.4. ENDODONTIC
8.4.1. Overview
8.4.2. Endodontic Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. ULTRASONIC DENTAL SCALERS MARKET - REVENUE AND FORECASTS TO 2028 - END USER
9.1. OVERVIEW
9.2. END USER MARKET FORECASTS AND ANALYSIS
9.3. HOSPITALS
9.3.1. Overview
9.3.2. Hospitals Market Forecast and Analysis
9.4. DENTAL CLINICS
9.4.1. Overview
9.4.2. Dental Clinics Market Forecast and Analysis
9.5. OTHER END USERS
9.5.1. Overview
9.5.2. Other End Users Market Forecast and Analysis
10. ULTRASONIC DENTAL SCALERS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Ultrasonic Dental Scalers Market Overview
10.1.2 North America Ultrasonic Dental Scalers Market Forecasts and Analysis
10.1.3 North America Ultrasonic Dental Scalers Market Forecasts and Analysis - By Product Type
10.1.4 North America Ultrasonic Dental Scalers Market Forecasts and Analysis - By Application
10.1.5 North America Ultrasonic Dental Scalers Market Forecasts and Analysis - By End User
10.1.6 North America Ultrasonic Dental Scalers Market Forecasts and Analysis - By Countries
10.1.6.1 United States Ultrasonic Dental Scalers Market
10.1.6.1.1 United States Ultrasonic Dental Scalers Market by Product Type
10.1.6.1.2 United States Ultrasonic Dental Scalers Market by Application
10.1.6.1.3 United States Ultrasonic Dental Scalers Market by End User
10.1.6.2 Canada Ultrasonic Dental Scalers Market
10.1.6.2.1 Canada Ultrasonic Dental Scalers Market by Product Type
10.1.6.2.2 Canada Ultrasonic Dental Scalers Market by Application
10.1.6.2.3 Canada Ultrasonic Dental Scalers Market by End User
10.1.6.3 Mexico Ultrasonic Dental Scalers Market
10.1.6.3.1 Mexico Ultrasonic Dental Scalers Market by Product Type
10.1.6.3.2 Mexico Ultrasonic Dental Scalers Market by Application
10.1.6.3.3 Mexico Ultrasonic Dental Scalers Market by End User
10.2. EUROPE
10.2.1 Europe Ultrasonic Dental Scalers Market Overview
10.2.2 Europe Ultrasonic Dental Scalers Market Forecasts and Analysis
10.2.3 Europe Ultrasonic Dental Scalers Market Forecasts and Analysis - By Product Type
10.2.4 Europe Ultrasonic Dental Scalers Market Forecasts and Analysis - By Application
10.2.5 Europe Ultrasonic Dental Scalers Market Forecasts and Analysis - By End User
10.2.6 Europe Ultrasonic Dental Scalers Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Ultrasonic Dental Scalers Market
10.2.6.1.1 Germany Ultrasonic Dental Scalers Market by Product Type
10.2.6.1.2 Germany Ultrasonic Dental Scalers Market by Application
10.2.6.1.3 Germany Ultrasonic Dental Scalers Market by End User
10.2.6.2 France Ultrasonic Dental Scalers Market
10.2.6.2.1 France Ultrasonic Dental Scalers Market by Product Type
10.2.6.2.2 France Ultrasonic Dental Scalers Market by Application
10.2.6.2.3 France Ultrasonic Dental Scalers Market by End User
10.2.6.3 Italy Ultrasonic Dental Scalers Market
10.2.6.3.1 Italy Ultrasonic Dental Scalers Market by Product Type
10.2.6.3.2 Italy Ultrasonic Dental Scalers Market by Application
10.2.6.3.3 Italy Ultrasonic Dental Scalers Market by End User
10.2.6.4 Spain Ultrasonic Dental Scalers Market
10.2.6.4.1 Spain Ultrasonic Dental Scalers Market by Product Type
10.2.6.4.2 Spain Ultrasonic Dental Scalers Market by Application
10.2.6.4.3 Spain Ultrasonic Dental Scalers Market by End User
10.2.6.5 United Kingdom Ultrasonic Dental Scalers Market
10.2.6.5.1 United Kingdom Ultrasonic Dental Scalers Market by Product Type
10.2.6.5.2 United Kingdom Ultrasonic Dental Scalers Market by Application
10.2.6.5.3 United Kingdom Ultrasonic Dental Scalers Market by End User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Ultrasonic Dental Scalers Market Overview
10.3.2 Asia-Pacific Ultrasonic Dental Scalers Market Forecasts and Analysis
10.3.3 Asia-Pacific Ultrasonic Dental Scalers Market Forecasts and Analysis - By Product Type
10.3.4 Asia-Pacific Ultrasonic Dental Scalers Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Ultrasonic Dental Scalers Market Forecasts and Analysis - By End User
10.3.6 Asia-Pacific Ultrasonic Dental Scalers Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Ultrasonic Dental Scalers Market
10.3.6.1.1 Australia Ultrasonic Dental Scalers Market by Product Type
10.3.6.1.2 Australia Ultrasonic Dental Scalers Market by Application
10.3.6.1.3 Australia Ultrasonic Dental Scalers Market by End User
10.3.6.2 China Ultrasonic Dental Scalers Market
10.3.6.2.1 China Ultrasonic Dental Scalers Market by Product Type
10.3.6.2.2 China Ultrasonic Dental Scalers Market by Application
10.3.6.2.3 China Ultrasonic Dental Scalers Market by End User
10.3.6.3 India Ultrasonic Dental Scalers Market
10.3.6.3.1 India Ultrasonic Dental Scalers Market by Product Type
10.3.6.3.2 India Ultrasonic Dental Scalers Market by Application
10.3.6.3.3 India Ultrasonic Dental Scalers Market by End User
10.3.6.4 Japan Ultrasonic Dental Scalers Market
10.3.6.4.1 Japan Ultrasonic Dental Scalers Market by Product Type
10.3.6.4.2 Japan Ultrasonic Dental Scalers Market by Application
10.3.6.4.3 Japan Ultrasonic Dental Scalers Market by End User
10.3.6.5 South Korea Ultrasonic Dental Scalers Market
10.3.6.5.1 South Korea Ultrasonic Dental Scalers Market by Product Type
10.3.6.5.2 South Korea Ultrasonic Dental Scalers Market by Application
10.3.6.5.3 South Korea Ultrasonic Dental Scalers Market by End User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Ultrasonic Dental Scalers Market Overview
10.4.2 Middle East and Africa Ultrasonic Dental Scalers Market Forecasts and Analysis
10.4.3 Middle East and Africa Ultrasonic Dental Scalers Market Forecasts and Analysis - By Product Type
10.4.4 Middle East and Africa Ultrasonic Dental Scalers Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Ultrasonic Dental Scalers Market Forecasts and Analysis - By End User
10.4.6 Middle East and Africa Ultrasonic Dental Scalers Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Ultrasonic Dental Scalers Market
10.4.6.1.1 South Africa Ultrasonic Dental Scalers Market by Product Type
10.4.6.1.2 South Africa Ultrasonic Dental Scalers Market by Application
10.4.6.1.3 South Africa Ultrasonic Dental Scalers Market by End User
10.4.6.2 Saudi Arabia Ultrasonic Dental Scalers Market
10.4.6.2.1 Saudi Arabia Ultrasonic Dental Scalers Market by Product Type
10.4.6.2.2 Saudi Arabia Ultrasonic Dental Scalers Market by Application
10.4.6.2.3 Saudi Arabia Ultrasonic Dental Scalers Market by End User
10.4.6.3 U.A.E Ultrasonic Dental Scalers Market
10.4.6.3.1 U.A.E Ultrasonic Dental Scalers Market by Product Type
10.4.6.3.2 U.A.E Ultrasonic Dental Scalers Market by Application
10.4.6.3.3 U.A.E Ultrasonic Dental Scalers Market by End User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Ultrasonic Dental Scalers Market Overview
10.5.2 South and Central America Ultrasonic Dental Scalers Market Forecasts and Analysis
10.5.3 South and Central America Ultrasonic Dental Scalers Market Forecasts and Analysis - By Product Type
10.5.4 South and Central America Ultrasonic Dental Scalers Market Forecasts and Analysis - By Application
10.5.5 South and Central America Ultrasonic Dental Scalers Market Forecasts and Analysis - By End User
10.5.6 South and Central America Ultrasonic Dental Scalers Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Ultrasonic Dental Scalers Market
10.5.6.1.1 Brazil Ultrasonic Dental Scalers Market by Product Type
10.5.6.1.2 Brazil Ultrasonic Dental Scalers Market by Application
10.5.6.1.3 Brazil Ultrasonic Dental Scalers Market by End User
10.5.6.2 Argentina Ultrasonic Dental Scalers Market
10.5.6.2.1 Argentina Ultrasonic Dental Scalers Market by Product Type
10.5.6.2.2 Argentina Ultrasonic Dental Scalers Market by Application
10.5.6.2.3 Argentina Ultrasonic Dental Scalers Market by End User
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. ULTRASONIC DENTAL SCALERS MARKET, KEY COMPANY PROFILES
12.1. DEN-MAT HOLDINGS, LLC.
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. EMS
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. COLTENE GROUP
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. FLIGHT DENTAL SYSTEMS
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. DENTSPLY SIRONA
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. APOZA
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. BEING FOSHAN MEDICAL EQUIPMENT CO., LTD.
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. BONART LTD.
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. KERR CORPORATION
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. BRASSELER USA
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. Den-Mat Holdings, LLC.
2. EMS
3. COLTENE Group
4. Flight Dental Systems
5. Dentsply Sirona
6. APOZA
7. Being Foshan Medical Equipment Co., Ltd.
8. BonART LTD.
9. Kerr Corporation
10. Brasseler USA
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.