The Neuropeptide Y Receptor Market is expected to register a CAGR of 7.4% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The Neuropeptide Y Receptor Market report covers analysis by Product (Food Grade, and Pharmaceutical Grade); End Use (Medicine, Food Additives, and Others), and Stimulation (Stimulation, and Vagus Nerve Stimulation); End Use (Pain Management, Parkinson's Disease, Urinary and Fecal Incontinence, Epilepsy, Gastroparesis, and Others), and Geography (North America, Europe, Asia Pacific, and South and Central America). The global analysis is further broken-down at regional level and major countries. The report Offers the Value in US$ for the above analysis and segments.
Purpose of the ReportThe report Neuropeptide Y Receptor 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.
Neuropeptide Y Receptor Market Segmentation
Product- Food Grade
- Pharmaceutical Grade
- Medicine
- Food Additives
- Stimulation
- Vagus Nerve Stimulation
- Pain Management
- Parkinson's Disease
- Urinary and Fecal Incontinence
- Epilepsy
- Gastroparesis
Strategic Insights
Neuropeptide Y Receptor Market Growth Drivers- Increased incidence of metabolic disorders: Metabolic disorders, including obesity, diabetes, and cardiovascular diseases, are gaining prevalence worldwide due to lifestyle changes and improper diet. Neuropeptide Y (NPY) receptors play a crucial role in the regulation of appetite, energy balance, and metabolism of fats. Being crucial in the regulation of appetite and energy expenditure, targeting these receptors holds therapeutic potential for the treatment of metabolic disorders, which creates a demand for drug development and therapies based on NPY receptors.
- Increasing research in neurodegenerative diseases: Other neurodegenerative diseases include Alzheimer's disease, Parkinson's disease, and Huntington's disease, and NPY receptors are also linked to them. These receptors take part in neuroprotection and modulate neural regeneration and plasticity. There is a growing need to understand the pathophysiology of neurodegenerative diseases, and such research into the NPY receptor-targeting therapy is advancing towards slowing the rate of progression and alleviating symptoms.
- Neuroscience and drug discovery advancements: Advances in neuroscience have greatly expanded the understanding of neuropeptides and their receptors, including NPY. Advances in knowledge of mechanisms of neurotransmission and receptor signaling have led to the development of drugs targeting NPY receptors, which are a promising approach to treating a variety of disorders such as anxiety, depression, and obesity. With the evolution of drug discovery, the therapeutic applications for NPY receptor modulation continue to expand.
- Receptor agonists and antagonists advancement: Pharmaceutical companies are trying to develop NPY receptor agonists and antagonists as potential therapeutic agents for the treatment of a variety of conditions. Agonists activate the receptor activity, whereas antagonists inhibit its action. The synthesis of these molecules to target particular NPY receptor subtypes is a significant trend to have better modulation of the effects of the receptor in different diseases such as depression, obesity, and neurodegenerative diseases.
- Increasing use of peptide-based therapies: Peptide-based therapies are becoming popular because of their specificity, fewer side effects, and ability to modulate biological pathways more precisely. Neuropeptides like NPY are gaining attention as potential candidates for peptide-based therapies, with researchers focusing on developing peptides that can specifically bind to NPY receptors. This trend is expected to drive the development of novel peptide-based drugs targeting the NPY receptor.
- Expansion of clinical trials targeting NPY receptors: Clinical trials involving NPY receptors are increasing, particularly in areas like appetite regulation, obesity management, and mental health. These clinical trials are testing the safety and efficacy of treatments that target NPY receptors. Increased clinical trials for indications such as depression, stress, and weight management will boost market visibility and drive further interest in NPY receptor-based drug development.
- Concentrate on the mental health issue: The involvement of NPY receptors in mood and stress response regulation makes them a promising candidate for the treatment of mood disorders, anxiety, and depression. A growing mental health burden worldwide is an opportunity for developing drugs targeting NPY receptors to modulate neurotransmitter systems and reduce symptoms of anxiety and depression. In the shifting mental health treatment landscape toward more specific and effective therapies, NPY receptor-based treatments are likely to gain momentum.
- Opportunities in neuroprotective therapies: Research into NPY's neuroprotective effects unlock potential opportunities for developing treatments that could be taken for neurodegenerative diseases such as Alzheimer's Parkinson's or Huntington's diseases. NPY acts on neurogenesis and protects the neurons from deterioration. Drugs improving or mimicking NPY receptors' activity, thus slowing their progression, promise new ways towards slowing the progression of these states, making up an attractive area of the market.
- Increasing demand in combination therapies: Of increasing interest are combinations of therapies that target multiple pathways to better the treatment of complex diseases. Targeting NPY receptors with various drugs for conditions such as obesity, stress or neurodegenerative diseases would likely yield much better therapeutic profiles. This also opens up opportunities for multi-target drugs or multi-target treatment programs involving NPY receptor modulation.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Neuropeptide Y Receptor 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 Neuropeptide Y Receptor 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
The major factors driving the Neuropeptide Y Receptor Market are Increased incidence of metabolic disorders, Increasing research in neurodegenerative diseases, and Neuroscience and drug discovery advancements
The key future trends of the market are Receptor agonists and antagonists advancement, Increasing use of peptide-based therapies, and Expansion of clinical trials targeting NPY receptors
The leading players operating in the Neuropeptide Y Receptor Market include Gila Therapeutics Inc, Novo Nordisk A/S, XL-protein GmbH, Novartis AG, Pfizer Inc, Merck & Co., Inc, Mannkind Corp, Gilead Sciences Inc, Genentech, Inc.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on the request are an additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Neuropeptide Y Receptor Market - By Product
1.3.2 Neuropeptide Y Receptor Market - By End Use
1.3.3 Neuropeptide Y Receptor Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. NEUROPEPTIDE Y RECEPTOR 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. NEUROPEPTIDE Y RECEPTOR 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. NEUROPEPTIDE Y RECEPTOR MARKET - GLOBAL MARKET ANALYSIS
6.1. NEUROPEPTIDE Y RECEPTOR - GLOBAL MARKET OVERVIEW
6.2. NEUROPEPTIDE Y RECEPTOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. NEUROPEPTIDE Y RECEPTOR MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. FOOD GRADE
7.3.1. Overview
7.3.2. Food Grade Market Forecast and Analysis
7.4. PHARMACEUTICAL GRADE
7.4.1. Overview
7.4.2. Pharmaceutical Grade Market Forecast and Analysis
8. NEUROPEPTIDE Y RECEPTOR MARKET - REVENUE AND FORECASTS TO 2028 - END USE
8.1. OVERVIEW
8.2. END USE MARKET FORECASTS AND ANALYSIS
8.3. MEDICINE
8.3.1. Overview
8.3.2. Medicine Market Forecast and Analysis
8.4. FOOD ADDITIVES
8.4.1. Overview
8.4.2. Food Additives Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. NEUROPEPTIDE Y RECEPTOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Neuropeptide Y Receptor Market Overview
9.1.2 North America Neuropeptide Y Receptor Market Forecasts and Analysis
9.1.3 North America Neuropeptide Y Receptor Market Forecasts and Analysis - By Product
9.1.4 North America Neuropeptide Y Receptor Market Forecasts and Analysis - By End Use
9.1.5 North America Neuropeptide Y Receptor Market Forecasts and Analysis - By Countries
9.1.5.1 United States Neuropeptide Y Receptor Market
9.1.5.1.1 United States Neuropeptide Y Receptor Market by Product
9.1.5.1.2 United States Neuropeptide Y Receptor Market by End Use
9.1.5.2 Canada Neuropeptide Y Receptor Market
9.1.5.2.1 Canada Neuropeptide Y Receptor Market by Product
9.1.5.2.2 Canada Neuropeptide Y Receptor Market by End Use
9.1.5.3 Mexico Neuropeptide Y Receptor Market
9.1.5.3.1 Mexico Neuropeptide Y Receptor Market by Product
9.1.5.3.2 Mexico Neuropeptide Y Receptor Market by End Use
9.2. EUROPE
9.2.1 Europe Neuropeptide Y Receptor Market Overview
9.2.2 Europe Neuropeptide Y Receptor Market Forecasts and Analysis
9.2.3 Europe Neuropeptide Y Receptor Market Forecasts and Analysis - By Product
9.2.4 Europe Neuropeptide Y Receptor Market Forecasts and Analysis - By End Use
9.2.5 Europe Neuropeptide Y Receptor Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Neuropeptide Y Receptor Market
9.2.5.1.1 Germany Neuropeptide Y Receptor Market by Product
9.2.5.1.2 Germany Neuropeptide Y Receptor Market by End Use
9.2.5.2 France Neuropeptide Y Receptor Market
9.2.5.2.1 France Neuropeptide Y Receptor Market by Product
9.2.5.2.2 France Neuropeptide Y Receptor Market by End Use
9.2.5.3 Italy Neuropeptide Y Receptor Market
9.2.5.3.1 Italy Neuropeptide Y Receptor Market by Product
9.2.5.3.2 Italy Neuropeptide Y Receptor Market by End Use
9.2.5.4 Spain Neuropeptide Y Receptor Market
9.2.5.4.1 Spain Neuropeptide Y Receptor Market by Product
9.2.5.4.2 Spain Neuropeptide Y Receptor Market by End Use
9.2.5.5 United Kingdom Neuropeptide Y Receptor Market
9.2.5.5.1 United Kingdom Neuropeptide Y Receptor Market by Product
9.2.5.5.2 United Kingdom Neuropeptide Y Receptor Market by End Use
9.2.5.6 Rest of Europe Neuropeptide Y Receptor Market
9.2.5.6.1 Rest of Europe Neuropeptide Y Receptor Market by Product
9.2.5.6.2 Rest of Europe Neuropeptide Y Receptor Market by End Use
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Neuropeptide Y Receptor Market Overview
9.3.2 Asia-Pacific Neuropeptide Y Receptor Market Forecasts and Analysis
9.3.3 Asia-Pacific Neuropeptide Y Receptor Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Neuropeptide Y Receptor Market Forecasts and Analysis - By End Use
9.3.5 Asia-Pacific Neuropeptide Y Receptor Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Neuropeptide Y Receptor Market
9.3.5.1.1 Australia Neuropeptide Y Receptor Market by Product
9.3.5.1.2 Australia Neuropeptide Y Receptor Market by End Use
9.3.5.2 China Neuropeptide Y Receptor Market
9.3.5.2.1 China Neuropeptide Y Receptor Market by Product
9.3.5.2.2 China Neuropeptide Y Receptor Market by End Use
9.3.5.3 India Neuropeptide Y Receptor Market
9.3.5.3.1 India Neuropeptide Y Receptor Market by Product
9.3.5.3.2 India Neuropeptide Y Receptor Market by End Use
9.3.5.4 Japan Neuropeptide Y Receptor Market
9.3.5.4.1 Japan Neuropeptide Y Receptor Market by Product
9.3.5.4.2 Japan Neuropeptide Y Receptor Market by End Use
9.3.5.5 South Korea Neuropeptide Y Receptor Market
9.3.5.5.1 South Korea Neuropeptide Y Receptor Market by Product
9.3.5.5.2 South Korea Neuropeptide Y Receptor Market by End Use
9.3.5.6 Rest of Asia-Pacific Neuropeptide Y Receptor Market
9.3.5.6.1 Rest of Asia-Pacific Neuropeptide Y Receptor Market by Product
9.3.5.6.2 Rest of Asia-Pacific Neuropeptide Y Receptor Market by End Use
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Neuropeptide Y Receptor Market Overview
9.4.2 Middle East and Africa Neuropeptide Y Receptor Market Forecasts and Analysis
9.4.3 Middle East and Africa Neuropeptide Y Receptor Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Neuropeptide Y Receptor Market Forecasts and Analysis - By End Use
9.4.5 Middle East and Africa Neuropeptide Y Receptor Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Neuropeptide Y Receptor Market
9.4.5.1.1 South Africa Neuropeptide Y Receptor Market by Product
9.4.5.1.2 South Africa Neuropeptide Y Receptor Market by End Use
9.4.5.2 Saudi Arabia Neuropeptide Y Receptor Market
9.4.5.2.1 Saudi Arabia Neuropeptide Y Receptor Market by Product
9.4.5.2.2 Saudi Arabia Neuropeptide Y Receptor Market by End Use
9.4.5.3 U.A.E Neuropeptide Y Receptor Market
9.4.5.3.1 U.A.E Neuropeptide Y Receptor Market by Product
9.4.5.3.2 U.A.E Neuropeptide Y Receptor Market by End Use
9.4.5.4 Rest of Middle East and Africa Neuropeptide Y Receptor Market
9.4.5.4.1 Rest of Middle East and Africa Neuropeptide Y Receptor Market by Product
9.4.5.4.2 Rest of Middle East and Africa Neuropeptide Y Receptor Market by End Use
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Neuropeptide Y Receptor Market Overview
9.5.2 South and Central America Neuropeptide Y Receptor Market Forecasts and Analysis
9.5.3 South and Central America Neuropeptide Y Receptor Market Forecasts and Analysis - By Product
9.5.4 South and Central America Neuropeptide Y Receptor Market Forecasts and Analysis - By End Use
9.5.5 South and Central America Neuropeptide Y Receptor Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Neuropeptide Y Receptor Market
9.5.5.1.1 Brazil Neuropeptide Y Receptor Market by Product
9.5.5.1.2 Brazil Neuropeptide Y Receptor Market by End Use
9.5.5.2 Argentina Neuropeptide Y Receptor Market
9.5.5.2.1 Argentina Neuropeptide Y Receptor Market by Product
9.5.5.2.2 Argentina Neuropeptide Y Receptor Market by End Use
9.5.5.3 Rest of South and Central America Neuropeptide Y Receptor Market
9.5.5.3.1 Rest of South and Central America Neuropeptide Y Receptor Market by Product
9.5.5.3.2 Rest of South and Central America Neuropeptide Y Receptor Market by End Use
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL NEUROPEPTIDE Y RECEPTOR 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. NEUROPEPTIDE Y RECEPTOR MARKET, KEY COMPANY PROFILES
12.1. GILA THERAPEUTICS INC.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. NOVO NORDISK A/S
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. XL-PROTEIN GMBH
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. NOVARTIS AG
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. PFIZER INC.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. MERCK AND CO., INC.
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. MANKIND CORP
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. GILEAD SCIENCES INC.
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. GENENTECH, INC.
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. LILLY ELI
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. Gila Therapeutics Inc
2. Novo Nordisk A/S.
3. XL-protein GmbH
4. Novartis AG
5. Pfizer Inc.
6. Merck & Co., Inc
7. Mannkind Corp.
8. Gilead Sciences Inc
9. Genentech, Inc.
10. Lilly Eli
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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