The Asia Pacific disposable gloves market is expected to reach US$ 2,461.11 million by 2027 from US$ 852.11 million in 2019. The market is estimated to grow at a CAGR of 13.3% from 2020 to 2027.
The growth of the Asia Pacific disposable gloves market is driven by growing burden of healthcare-associated infections and increasing number of surgical procedures among population. However, the shortage of supplies of disposable gloves is restraining the market growth.Disposable gloves are made of different materials such as latex, nitrile rubber, polyisoprene, polyvinyl, and neoprene. Healthcare-associated infections are the most frequent and adverse events in healthcare worldwide. As per data revealed by Australian Commission on Safety and Quality in Healthcare, 180,000 patients suffer from healthcare-associated infections in Australia each year. Gloves are personal protective wear that create a barrier between germs and human body and prevents the spread of disease-causing germs. Therefore, gloves play an important role in avoiding infections among patients and healthcare workers, thereby driving its demand in the healthcare sector. Also, an increasing number of surgical procedures in geriatric population is likely to drive the Asia Pacific market for surgical gloves during the forecast period.
The COVID-19 pandemic has positively impacted the disposable gloves market in Asia Pacific. Most of the PPE manufacturers are operating close to maximum capacity and prioritizing their orders to the countries with growing demand–supply gap and increasing COVID-19 cases.
Asia Pacific Disposable Drugs MarketRevenue and Forecast to 2027 (US$ Mn)
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Asia PacificDisposable Gloves MarketSegmentation
- Natural Rubber
- Nitrile
- Neoprene
- Polyethylene
- Others
- Powdered
- Powder Free
- Examination
- Surgical
- Hospital and Clinics
- Diagnostic Centers
- Ambulatory Surgery Centers
- Home Healthcare
- Others
By Country
- India
- Japan
- China
- South Korea
- Australia
- Rest of Asia Pacific
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Material, Type, Application, End User, and Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, China, Japan, South Korea
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia Pacific Disposable Gloves Market – By Material
1.3.2 Asia Pacific Disposable Gloves Market – By Type
1.3.3 Asia Pacific Disposable Gloves Market – By Application
1.3.4 Asia Pacific Disposable Gloves Market – By End User
1.3.5 Asia Pacific Disposable Gloves Market – By Country
2. Disposable Gloves Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Disposable Gloves – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Asia Pacific – PEST Analysis
4.3 Expert Opinions
5. Disposable Gloves Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Burden of Healthcare-Associated Infection
5.1.2 Increasing Surgical Procedures
5.2 Market Restraints
5.2.1 Shortage for Gloves
5.3 Market Opportunities
5.3.1 Domestic Production of Gloves
5.3.2 Growing Adoption of Powder Free Glove
5.4 Impact Analysis
6. Disposable Gloves Market– Asia Pacific Analysis
6.1 Asia Pacific Disposable Gloves Market Revenue Forecast and Analysis
7. Disposable Gloves Market Analysis – By Material
7.1 Overview
7.2 Disposable Gloves Market Revenue Share, by Material (2019 and 2027)
7.3 Natural rubber
7.3.1 Overview
7.3.2 Natural rubber: Disposable Gloves Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Nitrile
7.4.1 Overview
7.4.2 Nitrile: Disposable Gloves Market– Revenue and Forecast to 2027 (US$ Million)
7.5 Neoprene
7.5.1 Overview
7.5.2 Neoprene: Disposable Gloves Market– Revenue and Forecast to 2027 (US$ Million)
7.6 Polyethylene
7.6.1 Overview
7.6.2 Polyethylene: Disposable Gloves Market– Revenue and Forecast to 2027 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others : Disposable Gloves Market– Revenue and Forecast to 2027 (US$ Million)
8. Disposable Gloves Market – By Type
8.1 Overview
8.2 Disposable Gloves Market, by Type, 2019 and 2027 (%)
8.3 Powdered
8.3.1 Overview
8.3.2 Powdered: Disposable Gloves Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Powder-free
8.4.1 Overview
8.4.2 Powder-free: Disposable Gloves Market – Revenue and Forecast to 2027 (US$ Million)
9. Disposable Gloves Market – By Application
9.1 Overview
9.2 Disposable Gloves Market, by Application, 2019 and 2027 (%)
9.3 Examination
9.3.1 Overview
9.3.2 Examination: Disposable Gloves Market – Revenue and Forecast to 2027 (US$ Million)
9.4 Surgical
9.4.1 Overview
9.4.2 Surgical: Disposable Gloves Market – Revenue and Forecast to 2027 (US$ Million)
10. Disposable Gloves Market Analysis – By End User
10.1 Overview
10.2 Disposable Gloves Market Revenue Share, by End User (2019 and 2027)
10.3 Hospitals and Clinics
10.3.1 Overview
10.3.2 Hospitals and Clinics: Disposable Gloves Market – Revenue and Forecast to 2027 (US$ Million)
10.4 Diagnostic Centers
10.4.1 Overview
10.4.2 Diagnostic Centers: Disposable Gloves Market – Revenue and Forecast to 2027 (US$ Million)
10.5 Ambulatory Surgery Centers
10.5.1 Overview
10.5.2 Ambulatory Surgery Centers: Disposable Gloves Market– Revenue and Forecast to 2027 (US$ Million)
10.6 Home Healthcare
10.6.1 Overview
10.6.2 Home Healthcare: Disposable Gloves Market– Revenue and Forecast to 2027 (US$ Million)
10.7 Others
10.7.1 Overview
10.7.2 Others: Disposable Gloves Market– Revenue and Forecast to 2027 (US$ Million)
11. Disposable Gloves Market Analysis and Forecasts To 2027 – Asia Pacific Analysis
11.1 Asia Pacific: Disposable Gloves market
11.1.1 Overview
11.1.2 Asia Pacific: Disposable Gloves market, - Revenue and Forecast to 2027 (USD Million)
11.1.3 Asia Pacific: Disposable Gloves market, by Material – Revenue and Forecast to 2027 (USD Million)
11.1.4 Asia Pacific: Disposable Gloves market, by Type – Revenue and Forecast to 2027 (USD Million)
11.1.5 Asia Pacific: Disposable Gloves market, by Application – Revenue and Forecast to 2027 (USD Million)
11.1.6 Asia Pacific: Disposable Gloves market, by End User – Revenue and Forecast to 2027 (USD Million)
11.1.7 Asia Pacific: Disposable Gloves market, by Country, 2019 & 2027 (%)
11.1.8 China: Disposable Gloves market – Revenue and Forecast to 2027 (USD Million)
11.1.8.1 China: Disposable Gloves market – Revenue and Forecast to 2027 (USD Million)
11.1.8.2 China: Disposable Gloves market, by Material – Revenue and Forecast to 2027 (USD Million)
11.1.8.3 China: Disposable Gloves market, by Type – Revenue and Forecast to 2027 (USD Million)
11.1.8.4 China: Disposable Gloves market, by Application – Revenue and Forecast to 2027 (USD Million)
11.1.8.5 China: Disposable Gloves market, by End User – Revenue and Forecast to 2027 (USD Million)
11.1.9 Japan: Disposable Gloves market – Revenue and Forecast to 2027 (USD Million)
11.1.9.1 Japan: Disposable Gloves market – Revenue and Forecast to 2027 (USD Million)
11.1.9.2 Japan: Disposable Gloves market, by Material – Revenue and Forecast to 2027 (USD Million)
11.1.9.3 Japan: Disposable Gloves market, by Type – Revenue and Forecast to 2027 (USD Million)
11.1.9.4 Japan: Disposable Gloves market, by Application – Revenue and Forecast to 2027 (USD Million)
11.1.9.5 Japan: Disposable Gloves market, by End User – Revenue and Forecast to 2027 (USD Million)
11.1.10 India: Disposable Gloves market – Revenue and Forecast to 2027 (USD Million)
11.1.10.1 India: Disposable Gloves market – Revenue and Forecast to 2027 (USD Million)
11.1.10.2 India: Disposable Gloves market, by Material – Revenue and Forecast to 2027 (USD Million)
11.1.10.3 India: Disposable Gloves market, by Type – Revenue and Forecast to 2027 (USD Million)
11.1.10.4 India: Disposable Gloves market, by Application – Revenue and Forecast to 2027 (USD Million)
11.1.10.5 India: Disposable Gloves market, by End User – Revenue and Forecast to 2027 (USD Million)
11.1.11 South Korea: Disposable Gloves market – Revenue and Forecast to 2027 (USD Million)
11.1.11.1 South Korea: Disposable Gloves market – Revenue and Forecast to 2027 (USD Million)
11.1.11.2 South Korea: Disposable Gloves market, by Material – Revenue and Forecast to 2027 (USD Million)
11.1.11.3 South Korea: Disposable Gloves market, by Type – Revenue and Forecast to 2027 (USD Million)
11.1.11.4 South Korea: Disposable Gloves market, by Application – Revenue and Forecast to 2027 (USD Million)
11.1.11.5 South Korea: Disposable Gloves market, by End User – Revenue and Forecast to 2027 (USD Million)
11.1.12 Australia: Disposable Gloves market – Revenue and Forecast to 2027 (USD Million)
11.1.12.1 Australia: Disposable Gloves market – Revenue and Forecast to 2027 (USD Million)
11.1.12.2 Australia: Disposable Gloves market, by Material – Revenue and Forecast to 2027 (USD Million)
11.1.12.3 Australia: Disposable Gloves market, by Type – Revenue and Forecast to 2027 (USD Million)
11.1.12.4 Australia: Disposable Gloves market, by Application – Revenue and Forecast to 2027 (USD Million)
11.1.12.5 Australia: Disposable Gloves market, by End User – Revenue and Forecast to 2027 (USD Million)
11.1.13 Rest of Asia Pacific: Disposable Gloves market – Revenue and Forecast to 2027 (USD Million)
11.1.13.1 Rest of Asia Pacific: Disposable Gloves market – Revenue and Forecast to 2027 (USD Million)
11.1.13.2 Rest of Asia Pacific: Disposable Gloves market, by Material – Revenue and Forecast to 2027 (USD Million)
11.1.13.3 Rest of Asia Pacific: Disposable Gloves market, by Type – Revenue and Forecast to 2027 (USD Million)
11.1.13.4 Rest of Asia Pacific: Disposable Gloves market, by Application – Revenue and Forecast to 2027 (USD Million)
11.1.13.5 Rest of Asia Pacific: Disposable Gloves market, by End User – Revenue and Forecast to 2027 (USD Million)
12. Impact of COVID-19 Pandemic on Asia Pacific Disposable Gloves Market
12.1 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
13. Company Profiles
13.1 B. Braun Melsungen AG
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 RUBBEREX
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Sempermed
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Cardinal Health Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Kossan Rubber Industries Bhd
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Supermax Corporation Berhad
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Hartalega Holdings Berhad
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Top Glove Corporation Bhd
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Ansell Limited
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Mölnlycke Health Care AB.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 Glossary of Terms
LIST OF TABLES
Table 1. Asia Pacific: Disposable Gloves market, by Material – Revenue and Forecast to 2027 (USD Million)
Table 2. Asia Pacific: Disposable Gloves market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 3. Asia Pacific: Disposable Gloves market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 4. Asia Pacific: Disposable Gloves market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 5. China: Disposable Gloves market, by Material – Revenue and Forecast to 2027 (USD Million)
Table 6. China: Disposable Gloves market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 7. China: Disposable Gloves market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 8. China: Disposable Gloves market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 9. Japan: Disposable Gloves market, by Material – Revenue and Forecast to 2027 (USD Million)
Table 10. Japan: Disposable Gloves market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 11. Japan: Disposable Gloves market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 12. Japan: Disposable Gloves market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 13. India: Disposable Gloves market, by Material – Revenue and Forecast to 2027 (USD Million)
Table 14. India: Disposable Gloves market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 15. India: Disposable Gloves market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 16. South Korea: Disposable Gloves market, by Material – Revenue and Forecast to 2027 (USD Million)
Table 17. South Korea: Disposable Gloves market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 18. South Korea: Disposable Gloves market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 19. South Korea: Disposable Gloves market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 20. Australia: Disposable Gloves market, by Material – Revenue and Forecast to 2027 (USD Million)
Table 21. Australia: Disposable Gloves market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 22. Australia: Disposable Gloves market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 23. Australia: Disposable Gloves market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 24. Rest of Asia Pacific: Disposable Gloves market, by Material – Revenue and Forecast to 2027 (USD Million)
Table 25. Rest of Asia Pacific: Disposable Gloves market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 26. Rest of Asia Pacific: Disposable Gloves market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 27. Rest of Asia Pacific: Disposable Gloves market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 28. Glossary of Terms, Disposable Gloves Market
LIST OF FIGURES
Figure 1. Disposable Gloves Market Segmentation
Figure 2. Disposable Gloves Market – By Country
Figure 3. Asia Pacific Disposable Gloves Market Overview
Figure 4. Natural Rubber Segment Held Largest Share of material Segment in Disposable Gloves Market
Figure 5. Asia Pacific Disposable Gloves Market- Leading Country Markets (US$ Million)
Figure 6. Asia Pacific PEST Analysis
Figure 7. Disposable Gloves Market Impact Analysis of Driver and Restraints
Figure 8. Asia Pacific Disposable Gloves Market– Revenue Forecast and Analysis – 2019- 2027
Figure 9. Disposable Gloves Market Revenue Share, by Material (2019 and 2027)
Figure 10. Natural rubber: Disposable Gloves Market– Revenue and Forecast to 2027 (US$ Million)
Figure 11. Nitrile: Disposable Gloves Market– Revenue and Forecast to 2027 (US$ Million)
Figure 12. Neoprene: Disposable Gloves Market– Revenue and Forecast to 2027 (US$ Million)
Figure 13. Polyethylene: Disposable Gloves Market– Revenue and Forecast to 2027 (US$ Million)
Figure 14. Others: Disposable Gloves Market– Revenue and Forecast to 2027 (US$ Million)
Figure 15. Disposable Gloves Market, by Type, 2019 and 2027 (%)
Figure 16. Powdered: Disposable Gloves Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. Powder-free: Disposable Gloves Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. Disposable Gloves Market, by Application, 2019 and 2027 (%)
Figure 19. Examination: Disposable Gloves Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Surgical: Disposable Gloves Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. Disposable Gloves Market Revenue Share, by End User (2019 and 2027)
Figure 22. Hospitals and Clinics: Disposable Gloves Market– Revenue and Forecast to 2027 (US$ Million)
Figure 23. Diagnostic Centers: Disposable Gloves Market– Revenue and Forecast to 2027 (US$ Million)
Figure 24. Ambulatory Surgery Centers: Disposable Gloves Market– Revenue and Forecast to 2027 (US$ Million)
Figure 25. Home Healthcare: Disposable Gloves Market– Revenue and Forecast to 2027 (US$ Million)
Figure 26. Others: Disposable Gloves Market– Revenue and Forecast to 2027 (US$ Million)
Figure 27. Asia Pacific: Disposable Gloves market, by Key Country – Revenue (2019) (USD Million)
Figure 28. Asia Pacific: Disposable Gloves market, Revenue and Forecast to 2027 (USD Million)
Figure 29. Asia Pacific: Disposable Gloves market, by Country, 2019 & 2027 (%)
Figure 30. China: Disposable Gloves market – Revenue and Forecast to 2027 (USD Million)
Figure 31. Japan: Disposable Gloves market – Revenue and Forecast to 2027 (USD Million)
Figure 32. India: Disposable Gloves market – Revenue and Forecast to 2027 (USD Million)
Figure 33. South Korea: Disposable Gloves market – Revenue and Forecast to 2027 (USD Million)
Figure 34. Australia: Disposable Glove modulation Market – Revenue and Forecast to 2027 (USD Million)
Figure 35. Rest of Asia Pacific: Disposable Gloves market – Revenue and Forecast to 2027 (USD Million)
Figure 36. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
- B. Braun Melsungen AG
- RUBBEREX
- Sempermed
- Cardinal Health Inc
- Kossan Rubber Industries Bhd
- Supermax Corporation Berhad
- Hartalega Holdings Berhad
- Top Glove Corporation Bhd
- Ansell Limited
- Mölnlycke Health Care AB
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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