Continuous Patient Monitoring Systems Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Continuous Patient Monitoring Systems Market covers analysis By Product (Cardiac Monitoring Devices, Neuromonitoring Devices, Respiratory Monitoring Devices, Anesthesia monitor, Hemodynamic monitoring devices, Fetal and neonatal monitoring, Others); End User (Home Care, Hospital, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Apr 2024

  • Report Code : TIPRE00013709
  • Category : Medical Device
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

Patients vital biological sign are monitored continuously to provide better care and for understanding of data. Biological signs such as body temperature, blood pressure, heart rate among others signs. Continuous temperature monitoring devices help in reducing intensive care utilization, easy alert mechanism and reduced hospital stay. The ability to monitor patient located remotely with use of the technology is expected to generate demand for the devices.

MARKET DYNAMICS

The Continuous Patient Monitoring Systems market is growing due to the rise in technological advancement in patient monitoring devices, and benefits associated with use of continuous patient monitoring. However, the high cost of devices is expected to hamper the growth of the global continuous patient monitoring systems market.

MARKET SCOPE

The "Continuous Patient Monitoring Systems Market Analysis to 2028" 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 Continuous Patient Monitoring Systems market with detailed market segmentation by product and end user. The Continuous Patient Monitoring Systems market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in Continuous Patient Monitoring Systems market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The Continuous Patient Monitoring Systems market is segmented on the basis of product and end user. Based on product, the market is segmented as cardiac monitoring devices, neuromonitoring devices, respiratory monitoring devices, anasthesia monitor, hemodynamic monitoring devices and others. On the basis of end user, the market is categorized as hospital, home care, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Continuous Patient Monitoring Systems market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Continuous Patient Monitoring Systems 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 Continuous Patient Monitoring Systems 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 Continuous Patient Monitoring Systems market in these regions.

World Geography

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Continuous Patient Monitoring Systems market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Continuous Patient Monitoring Systems 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 Continuous Patient Monitoring Systems 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 Continuous Patient Monitoring Systems market in these regions.

MARKET PLAYERS

The report covers key developments in the Continuous Patient Monitoring Systems 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 Continuous Patient Monitoring Systems market are anticipated to have lucrative growth opportunities in the future with the rising demand for Continuous Patient Monitoring Systems in the global market. Below mentioned is the list of few companies engaged in the Continuous Patient Monitoring Systems market.
The report also includes the profiles of key players in Continuous Patient Monitoring Systems market 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.

  •  Philips
  •  Siemens
  •  GE Healthcare
  •  Nihon Kohden
  •  OSI Systems
  •  Fukuda
  •  Medtronic
  •  Hill-Rom Holdings
  •  Mindray
  •  Skanray Technologies

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
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Continuous Patient Monitoring Systems Market - By Product
1.3.2 Continuous Patient Monitoring Systems Market - By End User
1.3.3 Continuous Patient Monitoring Systems Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. CONTINUOUS PATIENT MONITORING SYSTEMS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS

5. CONTINUOUS PATIENT MONITORING SYSTEMS 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. CONTINUOUS PATIENT MONITORING SYSTEMS MARKET - GLOBAL MARKET ANALYSIS
6.1. CONTINUOUS PATIENT MONITORING SYSTEMS - GLOBAL MARKET OVERVIEW
6.2. CONTINUOUS PATIENT MONITORING SYSTEMS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. CONTINUOUS PATIENT MONITORING SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. CARDIAC MONITORING DEVICES
7.3.1. Overview
7.3.2. Cardiac Monitoring Devices Market Forecast and Analysis
7.3.3. ECG Devices Market
7.3.3.1. Overview
7.3.3.2. ECG Devices Market Forecast and Analysis
7.3.4. Implantable Loop Recorders Market
7.3.4.1. Overview
7.3.4.2. Implantable Loop Recorders Market Forecast and Analysis
7.3.5. Mobile Cardiac Telemetry Monitors Market
7.3.5.1. Overview
7.3.5.2. Mobile Cardiac Telemetry Monitors Market Forecast and Analysis
7.3.6. Smart Wearable ECG Patches Market
7.3.6.1. Overview
7.3.6.2. Smart Wearable ECG Patches Market Forecast and Analysis
7.4. NEUROMONITORING DEVICES
7.4.1. Overview
7.4.2. Neuromonitoring Devices Market Forecast and Analysis
7.4.3. EEG Devices Market
7.4.3.1. Overview
7.4.3.2. EEG Devices Market Forecast and Analysis
7.4.4. Cerebral Oximeters Market
7.4.4.1. Overview
7.4.4.2. Cerebral Oximeters Market Forecast and Analysis
7.4.5. Intracranial Pressure Monitors Market
7.4.5.1. Overview
7.4.5.2. Intracranial Pressure Monitors Market Forecast and Analysis
7.4.6. EMG Devices Market
7.4.6.1. Overview
7.4.6.2. EMG Devices Market Forecast and Analysis
7.5. RESPIRATORY MONITORING DEVICES
7.5.1. Overview
7.5.2. Respiratory Monitoring Devices Market Forecast and Analysis
7.5.3. Pulse Oximeters Market
7.5.3.1. Overview
7.5.3.2. Pulse Oximeters Market Forecast and Analysis
7.5.4. Spirometers Market
7.5.4.1. Overview
7.5.4.2. Spirometers Market Forecast and Analysis
7.5.5. Capnographs Market
7.5.5.1. Overview
7.5.5.2. Capnographs Market Forecast and Analysis
7.5.6. Peak Flow Meters Market
7.5.6.1. Overview
7.5.6.2. Peak Flow Meters Market Forecast and Analysis
7.6. ANESTHESIA MONITOR
7.6.1. Overview
7.6.2. Anesthesia monitor Market Forecast and Analysis
7.7. HEMODYNAMIC MONITORING DEVICES
7.7.1. Overview
7.7.2. Hemodynamic monitoring devices Market Forecast and Analysis
7.8. FETAL AND NEONATAL MONITORING
7.8.1. Overview
7.8.2. Fetal and neonatal monitoring Market Forecast and Analysis
7.9. OTHERS
7.9.1. Overview
7.9.2. Others Market Forecast and Analysis
8. CONTINUOUS PATIENT MONITORING SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. HOME CARE
8.3.1. Overview
8.3.2. Home Care Market Forecast and Analysis
8.4. HOSPITAL
8.4.1. Overview
8.4.2. Hospital Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis

9. CONTINUOUS PATIENT MONITORING SYSTEMS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Continuous Patient Monitoring Systems Market Overview
9.1.2 North America Continuous Patient Monitoring Systems Market Forecasts and Analysis
9.1.3 North America Continuous Patient Monitoring Systems Market Forecasts and Analysis - By Product
9.1.4 North America Continuous Patient Monitoring Systems Market Forecasts and Analysis - By End User
9.1.5 North America Continuous Patient Monitoring Systems Market Forecasts and Analysis - By Countries
9.1.5.1 United States Continuous Patient Monitoring Systems Market
9.1.5.1.1 United States Continuous Patient Monitoring Systems Market by Product
9.1.5.1.2 United States Continuous Patient Monitoring Systems Market by End User
9.1.5.2 Canada Continuous Patient Monitoring Systems Market
9.1.5.2.1 Canada Continuous Patient Monitoring Systems Market by Product
9.1.5.2.2 Canada Continuous Patient Monitoring Systems Market by End User
9.1.5.3 Mexico Continuous Patient Monitoring Systems Market
9.1.5.3.1 Mexico Continuous Patient Monitoring Systems Market by Product
9.1.5.3.2 Mexico Continuous Patient Monitoring Systems Market by End User
9.2. EUROPE
9.2.1 Europe Continuous Patient Monitoring Systems Market Overview
9.2.2 Europe Continuous Patient Monitoring Systems Market Forecasts and Analysis
9.2.3 Europe Continuous Patient Monitoring Systems Market Forecasts and Analysis - By Product
9.2.4 Europe Continuous Patient Monitoring Systems Market Forecasts and Analysis - By End User
9.2.5 Europe Continuous Patient Monitoring Systems Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Continuous Patient Monitoring Systems Market
9.2.5.1.1 Germany Continuous Patient Monitoring Systems Market by Product
9.2.5.1.2 Germany Continuous Patient Monitoring Systems Market by End User
9.2.5.2 France Continuous Patient Monitoring Systems Market
9.2.5.2.1 France Continuous Patient Monitoring Systems Market by Product
9.2.5.2.2 France Continuous Patient Monitoring Systems Market by End User
9.2.5.3 Italy Continuous Patient Monitoring Systems Market
9.2.5.3.1 Italy Continuous Patient Monitoring Systems Market by Product
9.2.5.3.2 Italy Continuous Patient Monitoring Systems Market by End User
9.2.5.4 Spain Continuous Patient Monitoring Systems Market
9.2.5.4.1 Spain Continuous Patient Monitoring Systems Market by Product
9.2.5.4.2 Spain Continuous Patient Monitoring Systems Market by End User
9.2.5.5 United Kingdom Continuous Patient Monitoring Systems Market
9.2.5.5.1 United Kingdom Continuous Patient Monitoring Systems Market by Product
9.2.5.5.2 United Kingdom Continuous Patient Monitoring Systems Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Continuous Patient Monitoring Systems Market Overview
9.3.2 Asia-Pacific Continuous Patient Monitoring Systems Market Forecasts and Analysis
9.3.3 Asia-Pacific Continuous Patient Monitoring Systems Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Continuous Patient Monitoring Systems Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Continuous Patient Monitoring Systems Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Continuous Patient Monitoring Systems Market
9.3.5.1.1 Australia Continuous Patient Monitoring Systems Market by Product
9.3.5.1.2 Australia Continuous Patient Monitoring Systems Market by End User
9.3.5.2 China Continuous Patient Monitoring Systems Market
9.3.5.2.1 China Continuous Patient Monitoring Systems Market by Product
9.3.5.2.2 China Continuous Patient Monitoring Systems Market by End User
9.3.5.3 India Continuous Patient Monitoring Systems Market
9.3.5.3.1 India Continuous Patient Monitoring Systems Market by Product
9.3.5.3.2 India Continuous Patient Monitoring Systems Market by End User
9.3.5.4 Japan Continuous Patient Monitoring Systems Market
9.3.5.4.1 Japan Continuous Patient Monitoring Systems Market by Product
9.3.5.4.2 Japan Continuous Patient Monitoring Systems Market by End User
9.3.5.5 South Korea Continuous Patient Monitoring Systems Market
9.3.5.5.1 South Korea Continuous Patient Monitoring Systems Market by Product
9.3.5.5.2 South Korea Continuous Patient Monitoring Systems Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Continuous Patient Monitoring Systems Market Overview
9.4.2 Middle East and Africa Continuous Patient Monitoring Systems Market Forecasts and Analysis
9.4.3 Middle East and Africa Continuous Patient Monitoring Systems Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Continuous Patient Monitoring Systems Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Continuous Patient Monitoring Systems Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Continuous Patient Monitoring Systems Market
9.4.5.1.1 South Africa Continuous Patient Monitoring Systems Market by Product
9.4.5.1.2 South Africa Continuous Patient Monitoring Systems Market by End User
9.4.5.2 Saudi Arabia Continuous Patient Monitoring Systems Market
9.4.5.2.1 Saudi Arabia Continuous Patient Monitoring Systems Market by Product
9.4.5.2.2 Saudi Arabia Continuous Patient Monitoring Systems Market by End User
9.4.5.3 U.A.E Continuous Patient Monitoring Systems Market
9.4.5.3.1 U.A.E Continuous Patient Monitoring Systems Market by Product
9.4.5.3.2 U.A.E Continuous Patient Monitoring Systems Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Continuous Patient Monitoring Systems Market Overview
9.5.2 South and Central America Continuous Patient Monitoring Systems Market Forecasts and Analysis
9.5.3 South and Central America Continuous Patient Monitoring Systems Market Forecasts and Analysis - By Product
9.5.4 South and Central America Continuous Patient Monitoring Systems Market Forecasts and Analysis - By End User
9.5.5 South and Central America Continuous Patient Monitoring Systems Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Continuous Patient Monitoring Systems Market
9.5.5.1.1 Brazil Continuous Patient Monitoring Systems Market by Product
9.5.5.1.2 Brazil Continuous Patient Monitoring Systems Market by End User
9.5.5.2 Argentina Continuous Patient Monitoring Systems Market
9.5.5.2.1 Argentina Continuous Patient Monitoring Systems Market by Product
9.5.5.2.2 Argentina Continuous Patient Monitoring Systems Market by End User

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. CONTINUOUS PATIENT MONITORING SYSTEMS MARKET, KEY COMPANY PROFILES
11.1. PHILIPS
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. SIEMENS
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. GE HEALTHCARE
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. NIHON KOHDEN
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. OSI SYSTEMS
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. FUKUDA
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. MEDTRONIC
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. HILL-ROM HOLDINGS
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. MINDRAY
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SKANRAY TECHNOLOGIES
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1. Philips
2. Siemens
3. GE Healthcare
4. Nihon Kohden
5. OSI Systems
6. Fukuda
7. Medtronic
8. Hill-Rom Holdings
9. Mindray
10. Skanray Technologies

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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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