Carrier screening is a genetic test that is used to decide if a healthy person is a carrier of a regressive genetic disease. It is a type of genetic test that can tell you whether one carries a gene for certain hereditary disorders. It is done before or during pregnancy, and it allows one to find out having a child with a genetic disorder. According to many studies, early detection of diseases can prevent them entirely or at least decrease the complications of the diseases.
MARKET DYNAMICS
The carrier screening market is anticipated to grow in the market by the advancement of new technologies. However, less awareness among some countries is restraining the market growth. In addition, the consumer demand for safe and effective carrier tests is driving the growth of this market. In addition, the adoption of carrier tests into regular clinical care offers a commercial advantage to the market.
MARKET SCOPE
The "Carrier Screening Market Analysis to 2031" 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 in carrier screening market with detailed market segmentation by product & service, type, medical condition, technology, end user and geography. The carrier screening market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading in carrier screening market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The carrier screening market is segmented on the basis of product & service, type, medical condition, technology and by end user. Based on product & service the market is segmented as services and products. On the basis of type the market is categorized as expanded carrier screening and targeted disease carrier screening. On the basis of medical condition the market is categorized as pulmonary conditions, hematological conditions, neurological conditions and other medical conditions. On the basis of technology the market is categorized as DNA sequencing, polymerase chain reaction, microarrays and other technologies. On the basis of end user the market is categorized as hospitals, reference laboratories, physician offices and clinics and other end users.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the in carrier screening market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The carrier screening market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting carrier screening market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the carrier screening market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the in carrier screening market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The carrier screening market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting carrier screening market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the carrier screening market in these regions.
MARKET PLAYERS
The report covers key developments in the in carrier screening 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 witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from in carrier screening market are anticipated to have lucrative growth opportunities in the future with the rising demand for in carrier screening market in the global market. Below mentioned is the list of few companies engaged in the carrier screening market.
The report also includes the profiles of key in carrier screening market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Eurofins Scientific
- Fulgent Genetics Inc
- Illumina Inc
- Invitae Corporation
- Luminex Corporation
- Myriad Genetics
- Natera Inc
- Opko Health
- Sema4
- Thermo Fisher Scientific Inc
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Carrier Screening Market - By Product and Service
1.3.2 Carrier Screening Market - By Type
1.3.3 Carrier Screening Market - By Medical Condition
1.3.4 Carrier Screening Market - By Technology
1.3.5 Carrier Screening Market - By End User
1.3.6 Carrier Screening Market - By Region
1.3.6.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CARRIER SCREENING 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. CARRIER SCREENING 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. CARRIER SCREENING MARKET - GLOBAL MARKET ANALYSIS
6.1. CARRIER SCREENING - GLOBAL MARKET OVERVIEW
6.2. CARRIER SCREENING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CARRIER SCREENING MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT AND SERVICE
7.1. OVERVIEW
7.2. PRODUCT AND SERVICE MARKET FORECASTS AND ANALYSIS
7.3. SERVICES
7.3.1. Overview
7.3.2. Services Market Forecast and Analysis
7.4. PRODUCTS
7.4.1. Overview
7.4.2. Products Market Forecast and Analysis
8. CARRIER SCREENING MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
8.1. OVERVIEW
8.2. TYPE MARKET FORECASTS AND ANALYSIS
8.3. EXPANDED CARRIER SCREENING
8.3.1. Overview
8.3.2. Expanded Carrier Screening Market Forecast and Analysis
8.4. TARGETED DISEASE CARRIER SCREENING
8.4.1. Overview
8.4.2. Targeted Disease Carrier Screening Market Forecast and Analysis
9. CARRIER SCREENING MARKET - REVENUE AND FORECASTS TO 2028 - MEDICAL CONDITION
9.1. OVERVIEW
9.2. MEDICAL CONDITION MARKET FORECASTS AND ANALYSIS
9.3. PULMONARY CONDITIONS
9.3.1. Overview
9.3.2. Pulmonary Conditions Market Forecast and Analysis
9.4. HEMATOLOGICAL CONDITIONS
9.4.1. Overview
9.4.2. Hematological Conditions Market Forecast and Analysis
9.5. NEUROLOGICAL CONDITIONS
9.5.1. Overview
9.5.2. Neurological Conditions Market Forecast and Analysis
9.6. OTHER MEDICAL CONDITIONS
9.6.1. Overview
9.6.2. Other Medical Conditions Market Forecast and Analysis
10. CARRIER SCREENING MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
10.1. OVERVIEW
10.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
10.3. DNA SEQUENCING
10.3.1. Overview
10.3.2. Dna Sequencing Market Forecast and Analysis
10.4. POLYMERASE CHAIN REACTION
10.4.1. Overview
10.4.2. Polymerase Chain Reaction Market Forecast and Analysis
10.5. MICROARRAYS
10.5.1. Overview
10.5.2. Microarrays Market Forecast and Analysis
10.6. OTHER TECHNOLOGIES
10.6.1. Overview
10.6.2. Other Technologies Market Forecast and Analysis
11. CARRIER SCREENING MARKET - REVENUE AND FORECASTS TO 2028 - END USER
11.1. OVERVIEW
11.2. END USER MARKET FORECASTS AND ANALYSIS
11.3. HOSPITALS
11.3.1. Overview
11.3.2. Hospitals Market Forecast and Analysis
11.4. REFERENCE LABORATORIES
11.4.1. Overview
11.4.2. Reference Laboratories Market Forecast and Analysis
11.5. PHYSICIAN OFFICES AND CLINICS
11.5.1. Overview
11.5.2. Physician Offices and Clinics Market Forecast and Analysis
11.6. OTHER END USERS
11.6.1. Overview
11.6.2. Other End Users Market Forecast and Analysis
12. CARRIER SCREENING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1. NORTH AMERICA
12.1.1 North America Carrier Screening Market Overview
12.1.2 North America Carrier Screening Market Forecasts and Analysis
12.1.3 North America Carrier Screening Market Forecasts and Analysis - By Product and Service
12.1.4 North America Carrier Screening Market Forecasts and Analysis - By Type
12.1.5 North America Carrier Screening Market Forecasts and Analysis - By Medical Condition
12.1.6 North America Carrier Screening Market Forecasts and Analysis - By Technology
12.1.7 North America Carrier Screening Market Forecasts and Analysis - By End User
12.1.8 North America Carrier Screening Market Forecasts and Analysis - By Countries
12.1.8.1 United States Carrier Screening Market
12.1.8.1.1 United States Carrier Screening Market by Product and Service
12.1.8.1.2 United States Carrier Screening Market by Type
12.1.8.1.3 United States Carrier Screening Market by Medical Condition
12.1.8.1.4 United States Carrier Screening Market by Technology
12.1.8.1.5 United States Carrier Screening Market by End User
12.1.8.2 Canada Carrier Screening Market
12.1.8.2.1 Canada Carrier Screening Market by Product and Service
12.1.8.2.2 Canada Carrier Screening Market by Type
12.1.8.2.3 Canada Carrier Screening Market by Medical Condition
12.1.8.2.4 Canada Carrier Screening Market by Technology
12.1.8.2.5 Canada Carrier Screening Market by End User
12.1.8.3 Mexico Carrier Screening Market
12.1.8.3.1 Mexico Carrier Screening Market by Product and Service
12.1.8.3.2 Mexico Carrier Screening Market by Type
12.1.8.3.3 Mexico Carrier Screening Market by Medical Condition
12.1.8.3.4 Mexico Carrier Screening Market by Technology
12.1.8.3.5 Mexico Carrier Screening Market by End User
12.2. EUROPE
12.2.1 Europe Carrier Screening Market Overview
12.2.2 Europe Carrier Screening Market Forecasts and Analysis
12.2.3 Europe Carrier Screening Market Forecasts and Analysis - By Product and Service
12.2.4 Europe Carrier Screening Market Forecasts and Analysis - By Type
12.2.5 Europe Carrier Screening Market Forecasts and Analysis - By Medical Condition
12.2.6 Europe Carrier Screening Market Forecasts and Analysis - By Technology
12.2.7 Europe Carrier Screening Market Forecasts and Analysis - By End User
12.2.8 Europe Carrier Screening Market Forecasts and Analysis - By Countries
12.2.8.1 Germany Carrier Screening Market
12.2.8.1.1 Germany Carrier Screening Market by Product and Service
12.2.8.1.2 Germany Carrier Screening Market by Type
12.2.8.1.3 Germany Carrier Screening Market by Medical Condition
12.2.8.1.4 Germany Carrier Screening Market by Technology
12.2.8.1.5 Germany Carrier Screening Market by End User
12.2.8.2 France Carrier Screening Market
12.2.8.2.1 France Carrier Screening Market by Product and Service
12.2.8.2.2 France Carrier Screening Market by Type
12.2.8.2.3 France Carrier Screening Market by Medical Condition
12.2.8.2.4 France Carrier Screening Market by Technology
12.2.8.2.5 France Carrier Screening Market by End User
12.2.8.3 Italy Carrier Screening Market
12.2.8.3.1 Italy Carrier Screening Market by Product and Service
12.2.8.3.2 Italy Carrier Screening Market by Type
12.2.8.3.3 Italy Carrier Screening Market by Medical Condition
12.2.8.3.4 Italy Carrier Screening Market by Technology
12.2.8.3.5 Italy Carrier Screening Market by End User
12.2.8.4 Spain Carrier Screening Market
12.2.8.4.1 Spain Carrier Screening Market by Product and Service
12.2.8.4.2 Spain Carrier Screening Market by Type
12.2.8.4.3 Spain Carrier Screening Market by Medical Condition
12.2.8.4.4 Spain Carrier Screening Market by Technology
12.2.8.4.5 Spain Carrier Screening Market by End User
12.2.8.5 United Kingdom Carrier Screening Market
12.2.8.5.1 United Kingdom Carrier Screening Market by Product and Service
12.2.8.5.2 United Kingdom Carrier Screening Market by Type
12.2.8.5.3 United Kingdom Carrier Screening Market by Medical Condition
12.2.8.5.4 United Kingdom Carrier Screening Market by Technology
12.2.8.5.5 United Kingdom Carrier Screening Market by End User
12.3. ASIA-PACIFIC
12.3.1 Asia-Pacific Carrier Screening Market Overview
12.3.2 Asia-Pacific Carrier Screening Market Forecasts and Analysis
12.3.3 Asia-Pacific Carrier Screening Market Forecasts and Analysis - By Product and Service
12.3.4 Asia-Pacific Carrier Screening Market Forecasts and Analysis - By Type
12.3.5 Asia-Pacific Carrier Screening Market Forecasts and Analysis - By Medical Condition
12.3.6 Asia-Pacific Carrier Screening Market Forecasts and Analysis - By Technology
12.3.7 Asia-Pacific Carrier Screening Market Forecasts and Analysis - By End User
12.3.8 Asia-Pacific Carrier Screening Market Forecasts and Analysis - By Countries
12.3.8.1 Australia Carrier Screening Market
12.3.8.1.1 Australia Carrier Screening Market by Product and Service
12.3.8.1.2 Australia Carrier Screening Market by Type
12.3.8.1.3 Australia Carrier Screening Market by Medical Condition
12.3.8.1.4 Australia Carrier Screening Market by Technology
12.3.8.1.5 Australia Carrier Screening Market by End User
12.3.8.2 China Carrier Screening Market
12.3.8.2.1 China Carrier Screening Market by Product and Service
12.3.8.2.2 China Carrier Screening Market by Type
12.3.8.2.3 China Carrier Screening Market by Medical Condition
12.3.8.2.4 China Carrier Screening Market by Technology
12.3.8.2.5 China Carrier Screening Market by End User
12.3.8.3 India Carrier Screening Market
12.3.8.3.1 India Carrier Screening Market by Product and Service
12.3.8.3.2 India Carrier Screening Market by Type
12.3.8.3.3 India Carrier Screening Market by Medical Condition
12.3.8.3.4 India Carrier Screening Market by Technology
12.3.8.3.5 India Carrier Screening Market by End User
12.3.8.4 Japan Carrier Screening Market
12.3.8.4.1 Japan Carrier Screening Market by Product and Service
12.3.8.4.2 Japan Carrier Screening Market by Type
12.3.8.4.3 Japan Carrier Screening Market by Medical Condition
12.3.8.4.4 Japan Carrier Screening Market by Technology
12.3.8.4.5 Japan Carrier Screening Market by End User
12.3.8.5 South Korea Carrier Screening Market
12.3.8.5.1 South Korea Carrier Screening Market by Product and Service
12.3.8.5.2 South Korea Carrier Screening Market by Type
12.3.8.5.3 South Korea Carrier Screening Market by Medical Condition
12.3.8.5.4 South Korea Carrier Screening Market by Technology
12.3.8.5.5 South Korea Carrier Screening Market by End User
12.4. MIDDLE EAST AND AFRICA
12.4.1 Middle East and Africa Carrier Screening Market Overview
12.4.2 Middle East and Africa Carrier Screening Market Forecasts and Analysis
12.4.3 Middle East and Africa Carrier Screening Market Forecasts and Analysis - By Product and Service
12.4.4 Middle East and Africa Carrier Screening Market Forecasts and Analysis - By Type
12.4.5 Middle East and Africa Carrier Screening Market Forecasts and Analysis - By Medical Condition
12.4.6 Middle East and Africa Carrier Screening Market Forecasts and Analysis - By Technology
12.4.7 Middle East and Africa Carrier Screening Market Forecasts and Analysis - By End User
12.4.8 Middle East and Africa Carrier Screening Market Forecasts and Analysis - By Countries
12.4.8.1 South Africa Carrier Screening Market
12.4.8.1.1 South Africa Carrier Screening Market by Product and Service
12.4.8.1.2 South Africa Carrier Screening Market by Type
12.4.8.1.3 South Africa Carrier Screening Market by Medical Condition
12.4.8.1.4 South Africa Carrier Screening Market by Technology
12.4.8.1.5 South Africa Carrier Screening Market by End User
12.4.8.2 Saudi Arabia Carrier Screening Market
12.4.8.2.1 Saudi Arabia Carrier Screening Market by Product and Service
12.4.8.2.2 Saudi Arabia Carrier Screening Market by Type
12.4.8.2.3 Saudi Arabia Carrier Screening Market by Medical Condition
12.4.8.2.4 Saudi Arabia Carrier Screening Market by Technology
12.4.8.2.5 Saudi Arabia Carrier Screening Market by End User
12.4.8.3 U.A.E Carrier Screening Market
12.4.8.3.1 U.A.E Carrier Screening Market by Product and Service
12.4.8.3.2 U.A.E Carrier Screening Market by Type
12.4.8.3.3 U.A.E Carrier Screening Market by Medical Condition
12.4.8.3.4 U.A.E Carrier Screening Market by Technology
12.4.8.3.5 U.A.E Carrier Screening Market by End User
12.5. SOUTH AND CENTRAL AMERICA
12.5.1 South and Central America Carrier Screening Market Overview
12.5.2 South and Central America Carrier Screening Market Forecasts and Analysis
12.5.3 South and Central America Carrier Screening Market Forecasts and Analysis - By Product and Service
12.5.4 South and Central America Carrier Screening Market Forecasts and Analysis - By Type
12.5.5 South and Central America Carrier Screening Market Forecasts and Analysis - By Medical Condition
12.5.6 South and Central America Carrier Screening Market Forecasts and Analysis - By Technology
12.5.7 South and Central America Carrier Screening Market Forecasts and Analysis - By End User
12.5.8 South and Central America Carrier Screening Market Forecasts and Analysis - By Countries
12.5.8.1 Brazil Carrier Screening Market
12.5.8.1.1 Brazil Carrier Screening Market by Product and Service
12.5.8.1.2 Brazil Carrier Screening Market by Type
12.5.8.1.3 Brazil Carrier Screening Market by Medical Condition
12.5.8.1.4 Brazil Carrier Screening Market by Technology
12.5.8.1.5 Brazil Carrier Screening Market by End User
12.5.8.2 Argentina Carrier Screening Market
12.5.8.2.1 Argentina Carrier Screening Market by Product and Service
12.5.8.2.2 Argentina Carrier Screening Market by Type
12.5.8.2.3 Argentina Carrier Screening Market by Medical Condition
12.5.8.2.4 Argentina Carrier Screening Market by Technology
12.5.8.2.5 Argentina Carrier Screening Market by End User
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. CARRIER SCREENING MARKET, KEY COMPANY PROFILES
14.1. EUROFINS SCIENTIFIC
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Products and Services
14.1.4. Financial Overview
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. FULGENT GENETICS INC
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Products and Services
14.2.4. Financial Overview
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. ILLUMINA INC
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Products and Services
14.3.4. Financial Overview
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. INVITAE CORPORATION
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Products and Services
14.4.4. Financial Overview
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. LUMINEX CORPORATION
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Products and Services
14.5.4. Financial Overview
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. MYRIAD GENETICS
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Products and Services
14.6.4. Financial Overview
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. NATERA INC
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Products and Services
14.7.4. Financial Overview
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. OPKO HEALTH
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. SEMA4
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. THERMO FISHER SCIENTIFIC INC
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
1. Eurofins Scientific
2. Fulgent Genetics Inc
3. Illumina Inc
4. Invitae Corporation
5. Luminex Corporation
6. Myriad Genetics
7. Natera Inc
8. Opko Health
9. Sema4
10. Thermo Fisher Scientific Inc
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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