Positron Emission Tomography (PET) Scanners Market Dynamics, Business Growth, Trends, and Opportunities 2031
Coverage: Positron Emission Tomography (PET) Scanners Market covers analysis by Product Type (Full-ring PET scanner, Partial-ring PET scanner); Application (Oncology, Cardiology, Neurology, Others); End User (Hospitals, Diagnostic Centers, Research Institutes), and Geography (North America, Europe, Asia Pacific, and South and Central America)
- Report Date : Feb 2026
- Report Code : TIPRE00005923
- Category : Life Sciences
- Status : Upcoming
- Available Report Formats :
- No. of Pages : 150
The Positron Emission Tomography (PET) Scanners Market size is expected to reach US$ 2.39 Billion by 2031. The market is anticipated to register a CAGR of 4.9% during 2025-2031.
The report is segmented by Type (Stationary Scanners and Portable Scanners/Mobile Scanners), Service Provider (Hospitals, Diagnostic Centers, and Research Institutes), Slice Count (Low Slice Scanner, Medium Slice Scanner, and High Slice Scanner), Isotopes [Flurodeoxyglucose (FDG), 62Cu ATSM, 18 F Sodium Fluoride, FMISO, Gallium, Thallium, and Others], Application (Oncology, Neurology, Cardiology, and Others)
Purpose of the ReportThe report Positron Emission Tomography (PET) Scanners 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.
- Stationary Scanners and Portable Scanners/Mobile Scanners
- Hospitals
- Diagnostic Centers
- Research Institutes
- Low Slice Scanner
- Medium Slice Scanner
- High Slice Scanner
- Flurodeoxyglucose
- 62Cu ATSM
- 18 F Sodium Fluoride
- FMISO
- Gallium
- Thallium
- Others
Strategic Insights
Positron Emission Tomography (PET) Scanners Market Growth Drivers- Increasing Cancer Incidence: The growing number of cancer cases across the globe constitutes a key factor responsible for the growth of the positron emission tomography (PET) scanners market. In present-day healthcare systems, the emphasis on early detection and correct staging of tumors is prompting the application of modern imaging systems like PET therefore increasing the need for effective diagnosis. This need for encouraging diagnostics tools is a driving factor in enhancing the market, hence motivating scanner technology and uses advancements.
- Advancements in Imaging Technology: The evolving technology associated with PET scanning, for instance, enhancement of images, shorter scan duration and combination of systems for example PET/CT among others, will facilitate the market growth. These improvements expand diagnostic capabilities and improve patient prognoses, which is why there is an increased demand for PET scans by the health care facilities. Seeing as research is aimed at improvement of the imaging technique the market is able to keep growing and more people are embracing its use.
- Growing Demand for Personalized Medicine: The growing adoption of personalized medicine is affecting positively the market for PET scanners. With the development of health care that focuses on providing treatments according to each individual
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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
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.
Frequently Asked Questions
The positron emission tomography scanners market is estimated to grow with a CAGR of 4.9% from 2025 to 2031.
Asia Pacific region is likely to witness fastest growth rate during the forecast period.
The market drivers include increasing cancer incidence and advancements in imaging technology are driving the positron emission tomography scanners market
The positron emission tomography scanners market majorly consists of the players such as Toshiba Corporation, General Electric Co., and Hitachi, Ltd. among others.
Integration with artificial intelligence are likely to remain the key trend during the forecast period
North America dominated the positron emission tomography scanners market in 2023
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Positron Emission Tomography (PET) Scanners Market - By Product Type
1.3.2 Positron Emission Tomography (PET) Scanners Market - By Application
1.3.3 Positron Emission Tomography (PET) Scanners Market - By End User
1.3.4 Positron Emission Tomography (PET) Scanners Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. POSITRON EMISSION TOMOGRAPHY (PET) SCANNERS MARKET L and SCAPE
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. POSITRON EMISSION TOMOGRAPHY (PET) SCANNERS 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. POSITRON EMISSION TOMOGRAPHY (PET) SCANNERS MARKET - GLOBAL MARKET ANALYSIS
6.1. POSITRON EMISSION TOMOGRAPHY (PET) SCANNERS - GLOBAL MARKET OVERVIEW
6.2. POSITRON EMISSION TOMOGRAPHY (PET) SCANNERS - GLOBAL MARKET and FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. POSITRON EMISSION TOMOGRAPHY (PET) SCANNERS MARKET - REVENUE and FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS and ANALYSIS
7.3. FULL-RING PET SCANNER
7.3.1. Overview
7.3.2. Full-ring PET scanner Market Forecast and Analysis
7.4. PARTIAL-RING PET SCANNER
7.4.1. Overview
7.4.2. Partial-ring PET scanner Market Forecast and Analysis
8. POSITRON EMISSION TOMOGRAPHY (PET) SCANNERS MARKET - REVENUE and FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS and ANALYSIS
8.3. ONCOLOGY
8.3.1. Overview
8.3.2. Oncology Market Forecast and Analysis
8.4. CARDIOLOGY
8.4.1. Overview
8.4.2. Cardiology Market Forecast and Analysis
8.5. NEUROLOGY
8.5.1. Overview
8.5.2. Neurology Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. POSITRON EMISSION TOMOGRAPHY (PET) SCANNERS 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. DIAGNOSTIC CENTERS
9.4.1. Overview
9.4.2. Diagnostic Centers Market Forecast and Analysis
9.5. RESEARCH INSTITUTES
9.5.1. Overview
9.5.2. Research Institutes Market Forecast and Analysis
10. POSITRON EMISSION TOMOGRAPHY (PET) SCANNERS MARKET REVENUE and FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Positron Emission Tomography (PET) Scanners Market Overview
10.1.2 North America Positron Emission Tomography (PET) Scanners Market Forecasts and Analysis
10.1.3 North America Positron Emission Tomography (PET) Scanners Market Forecasts and Analysis - By Product Type
10.1.4 North America Positron Emission Tomography (PET) Scanners Market Forecasts and Analysis - By Application
10.1.5 North America Positron Emission Tomography (PET) Scanners Market Forecasts and Analysis - By End User
10.1.6 North America Positron Emission Tomography (PET) Scanners Market Forecasts and Analysis - By Countries
10.1.6.1 United States Positron Emission Tomography (PET) Scanners Market
10.1.6.1.1 United States Positron Emission Tomography (PET) Scanners Market by Product Type
10.1.6.1.2 United States Positron Emission Tomography (PET) Scanners Market by Application
10.1.6.1.3 United States Positron Emission Tomography (PET) Scanners Market by End User
10.1.6.2 Canada Positron Emission Tomography (PET) Scanners Market
10.1.6.2.1 Canada Positron Emission Tomography (PET) Scanners Market by Product Type
10.1.6.2.2 Canada Positron Emission Tomography (PET) Scanners Market by Application
10.1.6.2.3 Canada Positron Emission Tomography (PET) Scanners Market by End User
10.1.6.3 Mexico Positron Emission Tomography (PET) Scanners Market
10.1.6.3.1 Mexico Positron Emission Tomography (PET) Scanners Market by Product Type
10.1.6.3.2 Mexico Positron Emission Tomography (PET) Scanners Market by Application
10.1.6.3.3 Mexico Positron Emission Tomography (PET) Scanners Market by End User
10.2. EUROPE
10.2.1 Europe Positron Emission Tomography (PET) Scanners Market Overview
10.2.2 Europe Positron Emission Tomography (PET) Scanners Market Forecasts and Analysis
10.2.3 Europe Positron Emission Tomography (PET) Scanners Market Forecasts and Analysis - By Product Type
10.2.4 Europe Positron Emission Tomography (PET) Scanners Market Forecasts and Analysis - By Application
10.2.5 Europe Positron Emission Tomography (PET) Scanners Market Forecasts and Analysis - By End User
10.2.6 Europe Positron Emission Tomography (PET) Scanners Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Positron Emission Tomography (PET) Scanners Market
10.2.6.1.1 Germany Positron Emission Tomography (PET) Scanners Market by Product Type
10.2.6.1.2 Germany Positron Emission Tomography (PET) Scanners Market by Application
10.2.6.1.3 Germany Positron Emission Tomography (PET) Scanners Market by End User
10.2.6.2 France Positron Emission Tomography (PET) Scanners Market
10.2.6.2.1 France Positron Emission Tomography (PET) Scanners Market by Product Type
10.2.6.2.2 France Positron Emission Tomography (PET) Scanners Market by Application
10.2.6.2.3 France Positron Emission Tomography (PET) Scanners Market by End User
10.2.6.3 Italy Positron Emission Tomography (PET) Scanners Market
10.2.6.3.1 Italy Positron Emission Tomography (PET) Scanners Market by Product Type
10.2.6.3.2 Italy Positron Emission Tomography (PET) Scanners Market by Application
10.2.6.3.3 Italy Positron Emission Tomography (PET) Scanners Market by End User
10.2.6.4 Spain Positron Emission Tomography (PET) Scanners Market
10.2.6.4.1 Spain Positron Emission Tomography (PET) Scanners Market by Product Type
10.2.6.4.2 Spain Positron Emission Tomography (PET) Scanners Market by Application
10.2.6.4.3 Spain Positron Emission Tomography (PET) Scanners Market by End User
10.2.6.5 United Kingdom Positron Emission Tomography (PET) Scanners Market
10.2.6.5.1 United Kingdom Positron Emission Tomography (PET) Scanners Market by Product Type
10.2.6.5.2 United Kingdom Positron Emission Tomography (PET) Scanners Market by Application
10.2.6.5.3 United Kingdom Positron Emission Tomography (PET) Scanners Market by End User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Positron Emission Tomography (PET) Scanners Market Overview
10.3.2 Asia-Pacific Positron Emission Tomography (PET) Scanners Market Forecasts and Analysis
10.3.3 Asia-Pacific Positron Emission Tomography (PET) Scanners Market Forecasts and Analysis - By Product Type
10.3.4 Asia-Pacific Positron Emission Tomography (PET) Scanners Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Positron Emission Tomography (PET) Scanners Market Forecasts and Analysis - By End User
10.3.6 Asia-Pacific Positron Emission Tomography (PET) Scanners Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Positron Emission Tomography (PET) Scanners Market
10.3.6.1.1 Australia Positron Emission Tomography (PET) Scanners Market by Product Type
10.3.6.1.2 Australia Positron Emission Tomography (PET) Scanners Market by Application
10.3.6.1.3 Australia Positron Emission Tomography (PET) Scanners Market by End User
10.3.6.2 China Positron Emission Tomography (PET) Scanners Market
10.3.6.2.1 China Positron Emission Tomography (PET) Scanners Market by Product Type
10.3.6.2.2 China Positron Emission Tomography (PET) Scanners Market by Application
10.3.6.2.3 China Positron Emission Tomography (PET) Scanners Market by End User
10.3.6.3 India Positron Emission Tomography (PET) Scanners Market
10.3.6.3.1 India Positron Emission Tomography (PET) Scanners Market by Product Type
10.3.6.3.2 India Positron Emission Tomography (PET) Scanners Market by Application
10.3.6.3.3 India Positron Emission Tomography (PET) Scanners Market by End User
10.3.6.4 Japan Positron Emission Tomography (PET) Scanners Market
10.3.6.4.1 Japan Positron Emission Tomography (PET) Scanners Market by Product Type
10.3.6.4.2 Japan Positron Emission Tomography (PET) Scanners Market by Application
10.3.6.4.3 Japan Positron Emission Tomography (PET) Scanners Market by End User
10.3.6.5 South Korea Positron Emission Tomography (PET) Scanners Market
10.3.6.5.1 South Korea Positron Emission Tomography (PET) Scanners Market by Product Type
10.3.6.5.2 South Korea Positron Emission Tomography (PET) Scanners Market by Application
10.3.6.5.3 South Korea Positron Emission Tomography (PET) Scanners Market by End User
10.4. MIDDLE EAST and AFRICA
10.4.1 Middle East and Africa Positron Emission Tomography (PET) Scanners Market Overview
10.4.2 Middle East and Africa Positron Emission Tomography (PET) Scanners Market Forecasts and Analysis
10.4.3 Middle East and Africa Positron Emission Tomography (PET) Scanners Market Forecasts and Analysis - By Product Type
10.4.4 Middle East and Africa Positron Emission Tomography (PET) Scanners Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Positron Emission Tomography (PET) Scanners Market Forecasts and Analysis - By End User
10.4.6 Middle East and Africa Positron Emission Tomography (PET) Scanners Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Positron Emission Tomography (PET) Scanners Market
10.4.6.1.1 South Africa Positron Emission Tomography (PET) Scanners Market by Product Type
10.4.6.1.2 South Africa Positron Emission Tomography (PET) Scanners Market by Application
10.4.6.1.3 South Africa Positron Emission Tomography (PET) Scanners Market by End User
10.4.6.2 Saudi Arabia Positron Emission Tomography (PET) Scanners Market
10.4.6.2.1 Saudi Arabia Positron Emission Tomography (PET) Scanners Market by Product Type
10.4.6.2.2 Saudi Arabia Positron Emission Tomography (PET) Scanners Market by Application
10.4.6.2.3 Saudi Arabia Positron Emission Tomography (PET) Scanners Market by End User
10.4.6.3 U.A.E Positron Emission Tomography (PET) Scanners Market
10.4.6.3.1 U.A.E Positron Emission Tomography (PET) Scanners Market by Product Type
10.4.6.3.2 U.A.E Positron Emission Tomography (PET) Scanners Market by Application
10.4.6.3.3 U.A.E Positron Emission Tomography (PET) Scanners Market by End User
10.5. SOUTH and CENTRAL AMERICA
10.5.1 South and Central America Positron Emission Tomography (PET) Scanners Market Overview
10.5.2 South and Central America Positron Emission Tomography (PET) Scanners Market Forecasts and Analysis
10.5.3 South and Central America Positron Emission Tomography (PET) Scanners Market Forecasts and Analysis - By Product Type
10.5.4 South and Central America Positron Emission Tomography (PET) Scanners Market Forecasts and Analysis - By Application
10.5.5 South and Central America Positron Emission Tomography (PET) Scanners Market Forecasts and Analysis - By End User
10.5.6 South and Central America Positron Emission Tomography (PET) Scanners Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Positron Emission Tomography (PET) Scanners Market
10.5.6.1.1 Brazil Positron Emission Tomography (PET) Scanners Market by Product Type
10.5.6.1.2 Brazil Positron Emission Tomography (PET) Scanners Market by Application
10.5.6.1.3 Brazil Positron Emission Tomography (PET) Scanners Market by End User
10.5.6.2 Argentina Positron Emission Tomography (PET) Scanners Market
10.5.6.2.1 Argentina Positron Emission Tomography (PET) Scanners Market by Product Type
10.5.6.2.2 Argentina Positron Emission Tomography (PET) Scanners Market by Application
10.5.6.2.3 Argentina Positron Emission Tomography (PET) Scanners Market by End User
11. INDUSTRY L and SCAPE
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. POSITRON EMISSION TOMOGRAPHY (PET) SCANNERS MARKET, KEY COMPANY PROFILES
12.1. TOSHIBA CORPORATION
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. SIEMENS HEALTHCARE PRIVATE LIMITED
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. KONINKLIJKE PHILIPS N.V
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. HITACHI, LTD
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. FUJIFILM HOLDINGS CORPORATION
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. S and ERS MEDICAL PRODUCTS, 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. CUBRESA INC
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. CIGNA
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. ALCEN
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
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
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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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