Dental Drills & Burs Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Dental Drills & Burs Market covers analysis by Product Type ( Dental Diamond Burs Drill, Carbide Steel Dental Burs ); Application ( Hospital, Dental Clinic ), and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00011778
  • Category : Medical Device
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

Ultrasonic scalpels are medical device that are also known as harmonic scalpels. These scalpels serve as an alternative to steel scalpels or electro-surgical diathermy and make use of ultrasonic vibrations to cut thicker tissues during surgical procedures. The major characteristic of an ultrasonic scalpel is that while electrocautery can be applied to coagulate bleeding tissue at any time, the ultrasonic scalpel only coagulates as it cuts.

MARKET DYNAMICS

The ultrasonic scalpel market is driving due to the increasing demand for surgical procedures such as lung biopsy, thyroidectomy, and tonsillectomy; rise in the prevalence of chronic disease that requires surgical interventions. However, stringent government regulations and high costs of surgical procedures form the major restraints for the market growth. Moreover, continuous development of novel devices by key players is anticipated to provide lucrative growth opportunities.

MARKET SCOPE

The "Ultrasonic Scalpel Market Analysis to 2028" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of ultrasonic scalpel market with detailed market segmentation by type, indication and application. The ultrasonic scalpel 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 ultrasonic scalpel market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The ultrasonic scalpel market is segmented on the basis of type, indication and application. Based on type, the market is segmented as silicone liner, thermoplastic elastomer (TPE), and polyurethane liner. On the basis of indication, the market is categorized as lung biopsy, gynecologic cancer, laparoscopic cyst decortication, thyroidectomy, and tonsillectomy. On the basis of application, the market is categorized as leg disabled people and arm disabled people.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the ultrasonic scalpel 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 ultrasonic scalpel 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 ultrasonic scalpel 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 ultrasonic scalpel 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 ultrasonic scalpel 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 ultrasonic scalpel 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 ultrasonic scalpel 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 ultrasonic scalpel market in these regions.

MARKET PLAYERS

The report covers key developments in the ultrasonic scalpel 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 ultrasonic scalpel market are anticipated to have lucrative growth opportunities in the future with the rising demand for ultrasonic scalpel in the global market. Below mentioned is the list of few companies engaged in the ultrasonic scalpel market.

The report also includes the profiles of key players in ultrasonic scalpel 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.

  •   Axon Medical Solutions Private Ltd.
  •   EndoAfrique
  •   Ethicon, Inc. (J&J)
  •   Jinan Bakr Ultrasonic Technology Co., Ltd.
  •   Lake Region Medical
  •   Lotus Ultrasonic Scalpel
  •   MedWOW Ltd.
  •   Stryker Corporation
  •   Tonglu Rex Medical Instrument Co., Ltd.
  •   Wuhan BBT Medical Tech. Co. Ltd.


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 Ultrasonic Scalpel Market - By Type
1.3.2 Ultrasonic Scalpel Market - By Indication
1.3.3 Ultrasonic Scalpel Market - By Application
1.3.4 Ultrasonic Scalpel Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ULTRASONIC SCALPEL 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. ULTRASONIC SCALPEL 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. ULTRASONIC SCALPEL MARKET - GLOBAL MARKET ANALYSIS
6.1. ULTRASONIC SCALPEL - GLOBAL MARKET OVERVIEW
6.2. ULTRASONIC SCALPEL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ULTRASONIC SCALPEL MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. SILICONE LINER
7.3.1. Overview
7.3.2. Silicone Liner Market Forecast and Analysis
7.4. THERMOPLASTIC ELASTOMER (TPE)
7.4.1. Overview
7.4.2. Thermoplastic Elastomer (TPE) Market Forecast and Analysis
7.5. POLYURETHANE LINER
7.5.1. Overview
7.5.2. Polyurethane Liner Market Forecast and Analysis
8. ULTRASONIC SCALPEL MARKET - REVENUE AND FORECASTS TO 2028 - INDICATION
8.1. OVERVIEW
8.2. INDICATION MARKET FORECASTS AND ANALYSIS
8.3. LUNG BIOPSY
8.3.1. Overview
8.3.2. Lung Biopsy Market Forecast and Analysis
8.4. GYNAECOLOGIC CANCER
8.4.1. Overview
8.4.2. Gynaecologic Cancer Market Forecast and Analysis
8.5. LAPAROSCOPIC CYST DECORTICATION
8.5.1. Overview
8.5.2. Laparoscopic Cyst Decortication Market Forecast and Analysis
8.6. THYROIDECTOMY
8.6.1. Overview
8.6.2. Thyroidectomy Market Forecast and Analysis
8.7. TONSILLECTOMY
8.7.1. Overview
8.7.2. Tonsillectomy Market Forecast and Analysis
9. ULTRASONIC SCALPEL MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. LEG DISABLED PEOPLE
9.3.1. Overview
9.3.2. Leg Disabled People Market Forecast and Analysis
9.4. ARM DISABLED PEOPLE
9.4.1. Overview
9.4.2. Arm Disabled People Market Forecast and Analysis
10. ULTRASONIC SCALPEL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Ultrasonic Scalpel Market Overview
10.1.2 North America Ultrasonic Scalpel Market Forecasts and Analysis
10.1.3 North America Ultrasonic Scalpel Market Forecasts and Analysis - By Type
10.1.4 North America Ultrasonic Scalpel Market Forecasts and Analysis - By Indication
10.1.5 North America Ultrasonic Scalpel Market Forecasts and Analysis - By Application
10.1.6 North America Ultrasonic Scalpel Market Forecasts and Analysis - By Countries
10.1.6.1 United States Ultrasonic Scalpel Market
10.1.6.1.1 United States Ultrasonic Scalpel Market by Type
10.1.6.1.2 United States Ultrasonic Scalpel Market by Indication
10.1.6.1.3 United States Ultrasonic Scalpel Market by Application
10.1.6.2 Canada Ultrasonic Scalpel Market
10.1.6.2.1 Canada Ultrasonic Scalpel Market by Type
10.1.6.2.2 Canada Ultrasonic Scalpel Market by Indication
10.1.6.2.3 Canada Ultrasonic Scalpel Market by Application
10.1.6.3 Mexico Ultrasonic Scalpel Market
10.1.6.3.1 Mexico Ultrasonic Scalpel Market by Type
10.1.6.3.2 Mexico Ultrasonic Scalpel Market by Indication
10.1.6.3.3 Mexico Ultrasonic Scalpel Market by Application
10.2. EUROPE
10.2.1 Europe Ultrasonic Scalpel Market Overview
10.2.2 Europe Ultrasonic Scalpel Market Forecasts and Analysis
10.2.3 Europe Ultrasonic Scalpel Market Forecasts and Analysis - By Type
10.2.4 Europe Ultrasonic Scalpel Market Forecasts and Analysis - By Indication
10.2.5 Europe Ultrasonic Scalpel Market Forecasts and Analysis - By Application
10.2.6 Europe Ultrasonic Scalpel Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Ultrasonic Scalpel Market
10.2.6.1.1 Germany Ultrasonic Scalpel Market by Type
10.2.6.1.2 Germany Ultrasonic Scalpel Market by Indication
10.2.6.1.3 Germany Ultrasonic Scalpel Market by Application
10.2.6.2 France Ultrasonic Scalpel Market
10.2.6.2.1 France Ultrasonic Scalpel Market by Type
10.2.6.2.2 France Ultrasonic Scalpel Market by Indication
10.2.6.2.3 France Ultrasonic Scalpel Market by Application
10.2.6.3 Italy Ultrasonic Scalpel Market
10.2.6.3.1 Italy Ultrasonic Scalpel Market by Type
10.2.6.3.2 Italy Ultrasonic Scalpel Market by Indication
10.2.6.3.3 Italy Ultrasonic Scalpel Market by Application
10.2.6.4 Spain Ultrasonic Scalpel Market
10.2.6.4.1 Spain Ultrasonic Scalpel Market by Type
10.2.6.4.2 Spain Ultrasonic Scalpel Market by Indication
10.2.6.4.3 Spain Ultrasonic Scalpel Market by Application
10.2.6.5 United Kingdom Ultrasonic Scalpel Market
10.2.6.5.1 United Kingdom Ultrasonic Scalpel Market by Type
10.2.6.5.2 United Kingdom Ultrasonic Scalpel Market by Indication
10.2.6.5.3 United Kingdom Ultrasonic Scalpel Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Ultrasonic Scalpel Market Overview
10.3.2 Asia-Pacific Ultrasonic Scalpel Market Forecasts and Analysis
10.3.3 Asia-Pacific Ultrasonic Scalpel Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Ultrasonic Scalpel Market Forecasts and Analysis - By Indication
10.3.5 Asia-Pacific Ultrasonic Scalpel Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Ultrasonic Scalpel Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Ultrasonic Scalpel Market
10.3.6.1.1 Australia Ultrasonic Scalpel Market by Type
10.3.6.1.2 Australia Ultrasonic Scalpel Market by Indication
10.3.6.1.3 Australia Ultrasonic Scalpel Market by Application
10.3.6.2 China Ultrasonic Scalpel Market
10.3.6.2.1 China Ultrasonic Scalpel Market by Type
10.3.6.2.2 China Ultrasonic Scalpel Market by Indication
10.3.6.2.3 China Ultrasonic Scalpel Market by Application
10.3.6.3 India Ultrasonic Scalpel Market
10.3.6.3.1 India Ultrasonic Scalpel Market by Type
10.3.6.3.2 India Ultrasonic Scalpel Market by Indication
10.3.6.3.3 India Ultrasonic Scalpel Market by Application
10.3.6.4 Japan Ultrasonic Scalpel Market
10.3.6.4.1 Japan Ultrasonic Scalpel Market by Type
10.3.6.4.2 Japan Ultrasonic Scalpel Market by Indication
10.3.6.4.3 Japan Ultrasonic Scalpel Market by Application
10.3.6.5 South Korea Ultrasonic Scalpel Market
10.3.6.5.1 South Korea Ultrasonic Scalpel Market by Type
10.3.6.5.2 South Korea Ultrasonic Scalpel Market by Indication
10.3.6.5.3 South Korea Ultrasonic Scalpel Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Ultrasonic Scalpel Market Overview
10.4.2 Middle East and Africa Ultrasonic Scalpel Market Forecasts and Analysis
10.4.3 Middle East and Africa Ultrasonic Scalpel Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Ultrasonic Scalpel Market Forecasts and Analysis - By Indication
10.4.5 Middle East and Africa Ultrasonic Scalpel Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Ultrasonic Scalpel Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Ultrasonic Scalpel Market
10.4.6.1.1 South Africa Ultrasonic Scalpel Market by Type
10.4.6.1.2 South Africa Ultrasonic Scalpel Market by Indication
10.4.6.1.3 South Africa Ultrasonic Scalpel Market by Application
10.4.6.2 Saudi Arabia Ultrasonic Scalpel Market
10.4.6.2.1 Saudi Arabia Ultrasonic Scalpel Market by Type
10.4.6.2.2 Saudi Arabia Ultrasonic Scalpel Market by Indication
10.4.6.2.3 Saudi Arabia Ultrasonic Scalpel Market by Application
10.4.6.3 U.A.E Ultrasonic Scalpel Market
10.4.6.3.1 U.A.E Ultrasonic Scalpel Market by Type
10.4.6.3.2 U.A.E Ultrasonic Scalpel Market by Indication
10.4.6.3.3 U.A.E Ultrasonic Scalpel Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Ultrasonic Scalpel Market Overview
10.5.2 South and Central America Ultrasonic Scalpel Market Forecasts and Analysis
10.5.3 South and Central America Ultrasonic Scalpel Market Forecasts and Analysis - By Type
10.5.4 South and Central America Ultrasonic Scalpel Market Forecasts and Analysis - By Indication
10.5.5 South and Central America Ultrasonic Scalpel Market Forecasts and Analysis - By Application
10.5.6 South and Central America Ultrasonic Scalpel Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Ultrasonic Scalpel Market
10.5.6.1.1 Brazil Ultrasonic Scalpel Market by Type
10.5.6.1.2 Brazil Ultrasonic Scalpel Market by Indication
10.5.6.1.3 Brazil Ultrasonic Scalpel Market by Application
10.5.6.2 Argentina Ultrasonic Scalpel Market
10.5.6.2.1 Argentina Ultrasonic Scalpel Market by Type
10.5.6.2.2 Argentina Ultrasonic Scalpel Market by Indication
10.5.6.2.3 Argentina Ultrasonic Scalpel Market by Application
11. IMPACT OF COVID-19 PANDEMIC ON GLOBAL ULTRASONIC SCALPEL MARKET
11.1 North America
11.2 Europe
11.3 Asia-Pacific
11.4 Rest of the World
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. ULTRASONIC SCALPEL MARKET, KEY COMPANY PROFILES
13.1. AXON MEDICAL SOLUTIONS PRIVATE LTD.
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. ENDOAFRIQUE
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. ETHICON, INC. (JANDJ)
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. JINAN BAKR ULTRASONIC TECHNOLOGY CO., LTD.
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. LAKE REGION MEDICAL
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. LOTUS ULTRASONIC SCALPEL
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. MEDWOW LTD.
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. STRYKER CORPORATION
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. TONGLU REX MEDICAL INSTRUMENT CO., LTD.
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. WUHAN BBT MEDICAL TECH. CO. LTD.
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. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
The List of Companies

1. Axon Medical Solutions Private Ltd.
2. EndoAfrique
3. Ethicon, Inc. (J&J)
4. Jinan Bakr Ultrasonic Technology Co., Ltd.
5. Lake Region Medical
6. Lotus Ultrasonic Scalpel
7. MedWOW Ltd.
8. Stryker Corporation
9. Tonglu Rex Medical Instrument Co., Ltd.
10. Wuhan BBT Medical Tech. Co. Ltd.

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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