Wheel Walking Aids Market Growth Report and Size by 2031
The Wheel Walking Aids Market is expected to register a CAGR of 7.6% 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 Type (3 Wheel Rollators, 4 Wheel Rollators, Others); Application (65 to 85years Old, Above 85 Years Old, Young Population). 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 Wheel Walking Aids 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.
Wheel Walking Aids Market Segmentation
Type- 3 Wheel Rollators
- 4 Wheel Rollators
- Others
- 65 to 85years Old
- Above 85 Years Old
- Young Population
Strategic Insights
Wheel Walking Aids Market Growth Drivers- Aging Population: Aging persons is apparently the key push factor of the Wheel Walking Aids Market. Most older people will find it difficult to walk because of arthritis or osteoporosis and some have become 'feeble' aged individuals. This demographic shift is endorsed by the growing need for mobility aids like wheel walkers that assure stability and support, thus allowing the elderly improved quality of life, independence, and diminished risks of falling.
- Increased Incidence of Disabilities: This is another important factor which fuels the wheel walking aids market and is about the increased accident and injury, and chronic diseases incidence that has created a high rise in the number of disabled people. Such that number of persons requiring mobility assistance is predicted to increase, similarly the high demand for effective walking aids will to rise. Improved mobility is offered by wheel walkers; therefore, they promote better rehabilitation with health outcomes among individuals with disabilities because they ease user's maneuvers within their environment.
- Advanced Technologies: The wheel walking aids market is growing because of the technological advancements made in walking aid design and working mechanism. Lightweight materials, ergonomic, and intelligent have been combined within these wheel walkers to improve user experience and safety. These wheel walkers will not only provide additional support and mobility, but will also engage a younger, tech-savvy consumer base and, hence, broaden the number of users and increase acceptance rates across all age groups.
- Designer Customization Rays: With the new trend comes customization. Its wheel walking aids show growing customization. Personalization features like adjustable height, exchangeable accessories, and customizable designs not only provide but cater to specific user needs and preferences towards comfort and usability. This is indeed a say on how walking aids are going to blow up in demand for consumers who have now taken on the mantle of seeking new trends in products for suitability according to lifestyles.
- Connected To Smart Technology: The advent of smart technology in the area has made it possible for this particular form of walking aids, the wheel walkers to redefine market. In-built sensors and tracking based on GPS or mobile applications, all of them result in the availability of a lot of real-time information compared to one's pattern and health metrics. This ensures safety plus functionality which always appeals to tech-savvy consumers all moving up into the growth in the overall market for wheel walkers.
- Environmental materials: This trend goes towards green with the use of wheel walking aids. Manufacturers are also using recyclable as well as biodegradable materials with their products, which makes them focus on sustainable developments. This trend will sure favor many easily convinced customers or new markets for the society with regards to eco-friendly practices for waste reduction worldwide and ensure sustainable practices of health-care products
- Expansion in Emerging Markets: The growth in emerging markets now opens up a tremendous opportunity in the Wheel Walking Aids market. Disposable incomes are rising, and healthcare infrastructure is improving in countries like India and Brazil, leading to demand for mobility aids in each of these specific countries. Hence such manufacturers could also capture these vacant markets and reach into that new segment maintaining growth with accessibility of these walking aids to people across the world.
- Collaboration with Healthcare Providers: There are increasing opportunities for cooperating with health care providers to extend the reach of wheel walking aids. Partnerships will probably include hospitals with rehabilitation facilities and physical therapy clinics as this would leverage the visibility of the product as well as increase likelihood that it will be recommended to patients by health professionals. Such collaboration is much possible between manufacturers and health practitioners, creating customized solutions for specific mobility problems in patients which will further increase adoption rates and improved outcomes.
- Lightweight and Portable Designs: A market has opening up in the form of lightweight and portable designs for wheel walking aids. The manufacturer can emphasize tiny, compact, and foldable models since they need mobility solutions for transportation and storage. Innovations such as this will not only be accommodating to the user but will also attract those active people who need support to travel or engage in outdoor activity.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Wheel Walking Aids 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 Wheel Walking Aids 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
Graham-Field, Drive DeVilbiss Healthcare, TrustCare, Meyra, Roscoe Medical, accounting for higesh market shares and are some of the major players operating in the market
The 4 Wheel Rollators segment accounts for highest revenue in type the Wheel Walking Aids Market market in 2023
Asia Pacific region dominated the Wheel Walking Aids Market in 2023
North America region dominated the Wheel Walking Aids Market in 2023
The Wheel Walking Aids Market is estimated to witness a CAGR of 7.6% from 2023 to 2031
The major factors driving the Wheel Walking Aids Market are:
1. Aging Population
2. Increased Incidence of Disabilities
3. Advanced Technologies
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Wheel Walking Aids Market - By Type
1.3.2 Wheel Walking Aids Market - By Application
1.3.3 Wheel Walking Aids Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. WHEEL WALKING AIDS 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. WHEEL WALKING AIDS 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. WHEEL WALKING AIDS MARKET - GLOBAL MARKET ANALYSIS
6.1. WHEEL WALKING AIDS - GLOBAL MARKET OVERVIEW
6.2. WHEEL WALKING AIDS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. WHEEL WALKING AIDS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. 3 WHEEL ROLLATORS
7.3.1. Overview
7.3.2. 3 Wheel Rollators Market Forecast and Analysis
7.4. 4 WHEEL ROLLATORS
7.4.1. Overview
7.4.2. 4 Wheel Rollators Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. WHEEL WALKING AIDS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. 65 TO 85YEARS OLD
8.3.1. Overview
8.3.2. 65 to 85years Old Market Forecast and Analysis
8.4. ABOVE 85 YEARS OLD
8.4.1. Overview
8.4.2. Above 85 Years Old Market Forecast and Analysis
8.5. YOUNG POPULATION
8.5.1. Overview
8.5.2. Young Population Market Forecast and Analysis
9. WHEEL WALKING AIDS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Wheel Walking Aids Market Overview
9.1.2 North America Wheel Walking Aids Market Forecasts and Analysis
9.1.3 North America Wheel Walking Aids Market Forecasts and Analysis - By Type
9.1.4 North America Wheel Walking Aids Market Forecasts and Analysis - By Application
9.1.5 North America Wheel Walking Aids Market Forecasts and Analysis - By Countries
9.1.5.1 United States Wheel Walking Aids Market
9.1.5.1.1 United States Wheel Walking Aids Market by Type
9.1.5.1.2 United States Wheel Walking Aids Market by Application
9.1.5.2 Canada Wheel Walking Aids Market
9.1.5.2.1 Canada Wheel Walking Aids Market by Type
9.1.5.2.2 Canada Wheel Walking Aids Market by Application
9.1.5.3 Mexico Wheel Walking Aids Market
9.1.5.3.1 Mexico Wheel Walking Aids Market by Type
9.1.5.3.2 Mexico Wheel Walking Aids Market by Application
9.2. EUROPE
9.2.1 Europe Wheel Walking Aids Market Overview
9.2.2 Europe Wheel Walking Aids Market Forecasts and Analysis
9.2.3 Europe Wheel Walking Aids Market Forecasts and Analysis - By Type
9.2.4 Europe Wheel Walking Aids Market Forecasts and Analysis - By Application
9.2.5 Europe Wheel Walking Aids Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Wheel Walking Aids Market
9.2.5.1.1 Germany Wheel Walking Aids Market by Type
9.2.5.1.2 Germany Wheel Walking Aids Market by Application
9.2.5.2 France Wheel Walking Aids Market
9.2.5.2.1 France Wheel Walking Aids Market by Type
9.2.5.2.2 France Wheel Walking Aids Market by Application
9.2.5.3 Italy Wheel Walking Aids Market
9.2.5.3.1 Italy Wheel Walking Aids Market by Type
9.2.5.3.2 Italy Wheel Walking Aids Market by Application
9.2.5.4 Spain Wheel Walking Aids Market
9.2.5.4.1 Spain Wheel Walking Aids Market by Type
9.2.5.4.2 Spain Wheel Walking Aids Market by Application
9.2.5.5 United Kingdom Wheel Walking Aids Market
9.2.5.5.1 United Kingdom Wheel Walking Aids Market by Type
9.2.5.5.2 United Kingdom Wheel Walking Aids Market by Application
9.2.5.6 Rest of Europe Wheel Walking Aids Market
9.2.5.6.1 Rest of Europe Wheel Walking Aids Market by Type
9.2.5.6.2 Rest of Europe Wheel Walking Aids Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Wheel Walking Aids Market Overview
9.3.2 Asia-Pacific Wheel Walking Aids Market Forecasts and Analysis
9.3.3 Asia-Pacific Wheel Walking Aids Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Wheel Walking Aids Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Wheel Walking Aids Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Wheel Walking Aids Market
9.3.5.1.1 Australia Wheel Walking Aids Market by Type
9.3.5.1.2 Australia Wheel Walking Aids Market by Application
9.3.5.2 China Wheel Walking Aids Market
9.3.5.2.1 China Wheel Walking Aids Market by Type
9.3.5.2.2 China Wheel Walking Aids Market by Application
9.3.5.3 India Wheel Walking Aids Market
9.3.5.3.1 India Wheel Walking Aids Market by Type
9.3.5.3.2 India Wheel Walking Aids Market by Application
9.3.5.4 Japan Wheel Walking Aids Market
9.3.5.4.1 Japan Wheel Walking Aids Market by Type
9.3.5.4.2 Japan Wheel Walking Aids Market by Application
9.3.5.5 South Korea Wheel Walking Aids Market
9.3.5.5.1 South Korea Wheel Walking Aids Market by Type
9.3.5.5.2 South Korea Wheel Walking Aids Market by Application
9.3.5.6 Rest of Asia-Pacific Wheel Walking Aids Market
9.3.5.6.1 Rest of Asia-Pacific Wheel Walking Aids Market by Type
9.3.5.6.2 Rest of Asia-Pacific Wheel Walking Aids Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Wheel Walking Aids Market Overview
9.4.2 Middle East and Africa Wheel Walking Aids Market Forecasts and Analysis
9.4.3 Middle East and Africa Wheel Walking Aids Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Wheel Walking Aids Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Wheel Walking Aids Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Wheel Walking Aids Market
9.4.5.1.1 South Africa Wheel Walking Aids Market by Type
9.4.5.1.2 South Africa Wheel Walking Aids Market by Application
9.4.5.2 Saudi Arabia Wheel Walking Aids Market
9.4.5.2.1 Saudi Arabia Wheel Walking Aids Market by Type
9.4.5.2.2 Saudi Arabia Wheel Walking Aids Market by Application
9.4.5.3 U.A.E Wheel Walking Aids Market
9.4.5.3.1 U.A.E Wheel Walking Aids Market by Type
9.4.5.3.2 U.A.E Wheel Walking Aids Market by Application
9.4.5.4 Rest of Middle East and Africa Wheel Walking Aids Market
9.4.5.4.1 Rest of Middle East and Africa Wheel Walking Aids Market by Type
9.4.5.4.2 Rest of Middle East and Africa Wheel Walking Aids Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Wheel Walking Aids Market Overview
9.5.2 South and Central America Wheel Walking Aids Market Forecasts and Analysis
9.5.3 South and Central America Wheel Walking Aids Market Forecasts and Analysis - By Type
9.5.4 South and Central America Wheel Walking Aids Market Forecasts and Analysis - By Application
9.5.5 South and Central America Wheel Walking Aids Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Wheel Walking Aids Market
9.5.5.1.1 Brazil Wheel Walking Aids Market by Type
9.5.5.1.2 Brazil Wheel Walking Aids Market by Application
9.5.5.2 Argentina Wheel Walking Aids Market
9.5.5.2.1 Argentina Wheel Walking Aids Market by Type
9.5.5.2.2 Argentina Wheel Walking Aids Market by Application
9.5.5.3 Rest of South and Central America Wheel Walking Aids Market
9.5.5.3.1 Rest of South and Central America Wheel Walking Aids Market by Type
9.5.5.3.2 Rest of South and Central America Wheel Walking Aids Market by Application
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL WHEEL WALKING AIDS 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. WHEEL WALKING AIDS MARKET, KEY COMPANY PROFILES
12.1. GRAHAM FIELD
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. DRIVE DEVILBISS HEALTHCARE
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. MEYRA
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. ROSCOE MEDICAL
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. KAIYANG MEDICAL TECHNOLOGY
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. EVOLUTION TECHNOLOGIES
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. DONGFANG
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. BRIGGS HEALTHCARE
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. MATSUNAGA
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. CARDINAL HEALTH
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. Graham-Field,
2. Drive DeVilbiss Healthcare,
3. TrustCare
4. Meyra,
5. Roscoe Medical,
6. Kaiyang Medical Technology,
7. Evolution Technologies,
8. Dongfang,
9. Briggs Healthcare,
10. Matsunaga,
11. Cardinal Health,
12. Trionic Sverige,
13. Handicare,
14. Invacare,
15. Thuasne,
16. TOPRO,
17. Access,
18. Bischoff and Bischoff,
19. HomCom,
20. Medline Industries,
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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