Epidermal Growth Factor Receptor Inhibitor Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Epidermal Growth Factor Receptor Inhibitor Market covers analysis By Product Type (Lung Cancer, Colorectal Cancer, Breast Cancer, Others. On the basis of treatment, the market is categorized as Hospital and Clinics, Research Institutes and Institutions, Other), and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Apr 2024

  • Report Code : TIPRE00015595
  • Category : Pharmaceuticals
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

The epidermal growth factor (EGFR) receptor is a transmembrane tyrosine kinase receptor that contributes to the survival and spread of cancer cells. Any form of EFGR receptor or activity mutation may lead to cancer. Cutures contribute to over-expression of the disease, such as lung cancer, anal cancer and multiforme glioblastoma.

MARKET DYNAMICS

Cases like increased geriatric populations and shifting lifestyles can be attributed to this growing incidence of cancer. Increased designation of special drugs and high efficacy of EGFR inhibitors will lead to rapid clinical approval of signs of cancer such as lung cancer, colorectal cancer and breast cancer. Thus, the strong prevalence of major cancer indications is a significant factor driving epidermal growth factor receptor inhibitors.

MARKET SCOPE

The "Epidermal Growth Factor Receptor Inhibitor 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 Epidermal Growth Factor Receptor Inhibitor Market with detailed market segmentation by product type, and application. The Epidermal Growth Factor Receptor Inhibitor 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 Epidermal Growth Factor Receptor Inhibitor Market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The Epidermal Growth Factor Receptor Inhibitor Market is segmented on the basis of type, and end use. Based on type, the market is segmented as Lung Cancer, Colorectal Cancer, Breast Cancer, Others. On the basis of treatment, the market is categorized as Hospital and Clinics, Research Institutes and Institutions, Other.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Epidermal Growth Factor Receptor Inhibitor 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 Epidermal Growth Factor Receptor Inhibitor 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 Epidermal Growth Factor Receptor Inhibitor 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 Epidermal Growth Factor Receptor Inhibitor 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 Epidermal Growth Factor Receptor Inhibitor 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 Epidermal Growth Factor Receptor Inhibitor 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 Epidermal Growth Factor Receptor Inhibitor 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 Epidermal Growth Factor Receptor Inhibitor Market in these regions.

MARKET PLAYERS

The report covers key developments in the Epidermal Growth Factor Receptor Inhibitor 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 Epidermal Growth Factor Receptor Inhibitor Market are anticipated to have lucrative growth opportunities in the future with the rising demand for Epidermal Growth Factor Receptor Inhibitor Market in the global market. Below mentioned is the list of few companies engaged in the Epidermal Growth Factor Receptor Inhibitor Market.

The report also includes the profiles of key players in Epidermal Growth Factor Receptor Inhibitor 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.

  •   AstraZeneca
  •   Roche
  •   Pfizer Inc.
  •   Spectrum Pharmaceuticals, Inc.
  •   CULLINAN ONCOLOGY, LLC
  •   TAIHO PHARMACEUTICAL
  •   Lutris Pharma
  •   Boehringer Ingelheim International GmbH
  •   Puma Biotechnology
  •   Apollomics, Inc.
  •   Hutchison MediPharma Limited

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 Epidermal Growth Factor Receptor Inhibitor Market - By Type
1.3.2 Epidermal Growth Factor Receptor Inhibitor Market - By Application
1.3.3 Epidermal Growth Factor Receptor Inhibitor Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. EPIDERMAL GROWTH FACTOR RECEPTOR INHIBITOR 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. EPIDERMAL GROWTH FACTOR RECEPTOR INHIBITOR 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. EPIDERMAL GROWTH FACTOR RECEPTOR INHIBITOR MARKET - GLOBAL MARKET ANALYSIS
6.1. EPIDERMAL GROWTH FACTOR RECEPTOR INHIBITOR - GLOBAL MARKET OVERVIEW
6.2. EPIDERMAL GROWTH FACTOR RECEPTOR INHIBITOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. EPIDERMAL GROWTH FACTOR RECEPTOR INHIBITOR MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. LUNG CANCER
7.3.1. Overview
7.3.2. Lung Cancer Market Forecast and Analysis
7.4. COLORECTAL CANCER
7.4.1. Overview
7.4.2. Colorectal Cancer Market Forecast and Analysis
7.5. BREAST CANCER
7.5.1. Overview
7.5.2. Breast Cancer Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. EPIDERMAL GROWTH FACTOR RECEPTOR INHIBITOR MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. HOSPITAL AND CLINICS
8.3.1. Overview
8.3.2. Hospital and Clinics Market Forecast and Analysis
8.4. RESEARCH INSTITUTES AND INSTITUTIONS
8.4.1. Overview
8.4.2. Research Institutes and Institutions Market Forecast and Analysis
8.5. OTHER
8.5.1. Overview
8.5.2. Other Market Forecast and Analysis
9. EPIDERMAL GROWTH FACTOR RECEPTOR INHIBITOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Epidermal Growth Factor Receptor Inhibitor Market Overview
9.1.2 North America Epidermal Growth Factor Receptor Inhibitor Market Forecasts and Analysis
9.1.3 North America Epidermal Growth Factor Receptor Inhibitor Market Forecasts and Analysis - By Type
9.1.4 North America Epidermal Growth Factor Receptor Inhibitor Market Forecasts and Analysis - By Application
9.1.5 North America Epidermal Growth Factor Receptor Inhibitor Market Forecasts and Analysis - By Countries
9.1.5.1 United States Epidermal Growth Factor Receptor Inhibitor Market
9.1.5.1.1 United States Epidermal Growth Factor Receptor Inhibitor Market by Type
9.1.5.1.2 United States Epidermal Growth Factor Receptor Inhibitor Market by Application
9.1.5.2 Canada Epidermal Growth Factor Receptor Inhibitor Market
9.1.5.2.1 Canada Epidermal Growth Factor Receptor Inhibitor Market by Type
9.1.5.2.2 Canada Epidermal Growth Factor Receptor Inhibitor Market by Application
9.1.5.3 Mexico Epidermal Growth Factor Receptor Inhibitor Market
9.1.5.3.1 Mexico Epidermal Growth Factor Receptor Inhibitor Market by Type
9.1.5.3.2 Mexico Epidermal Growth Factor Receptor Inhibitor Market by Application
9.2. EUROPE
9.2.1 Europe Epidermal Growth Factor Receptor Inhibitor Market Overview
9.2.2 Europe Epidermal Growth Factor Receptor Inhibitor Market Forecasts and Analysis
9.2.3 Europe Epidermal Growth Factor Receptor Inhibitor Market Forecasts and Analysis - By Type
9.2.4 Europe Epidermal Growth Factor Receptor Inhibitor Market Forecasts and Analysis - By Application
9.2.5 Europe Epidermal Growth Factor Receptor Inhibitor Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Epidermal Growth Factor Receptor Inhibitor Market
9.2.5.1.1 Germany Epidermal Growth Factor Receptor Inhibitor Market by Type
9.2.5.1.2 Germany Epidermal Growth Factor Receptor Inhibitor Market by Application
9.2.5.2 France Epidermal Growth Factor Receptor Inhibitor Market
9.2.5.2.1 France Epidermal Growth Factor Receptor Inhibitor Market by Type
9.2.5.2.2 France Epidermal Growth Factor Receptor Inhibitor Market by Application
9.2.5.3 Italy Epidermal Growth Factor Receptor Inhibitor Market
9.2.5.3.1 Italy Epidermal Growth Factor Receptor Inhibitor Market by Type
9.2.5.3.2 Italy Epidermal Growth Factor Receptor Inhibitor Market by Application
9.2.5.4 Spain Epidermal Growth Factor Receptor Inhibitor Market
9.2.5.4.1 Spain Epidermal Growth Factor Receptor Inhibitor Market by Type
9.2.5.4.2 Spain Epidermal Growth Factor Receptor Inhibitor Market by Application
9.2.5.5 United Kingdom Epidermal Growth Factor Receptor Inhibitor Market
9.2.5.5.1 United Kingdom Epidermal Growth Factor Receptor Inhibitor Market by Type
9.2.5.5.2 United Kingdom Epidermal Growth Factor Receptor Inhibitor Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Epidermal Growth Factor Receptor Inhibitor Market Overview
9.3.2 Asia-Pacific Epidermal Growth Factor Receptor Inhibitor Market Forecasts and Analysis
9.3.3 Asia-Pacific Epidermal Growth Factor Receptor Inhibitor Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Epidermal Growth Factor Receptor Inhibitor Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Epidermal Growth Factor Receptor Inhibitor Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Epidermal Growth Factor Receptor Inhibitor Market
9.3.5.1.1 Australia Epidermal Growth Factor Receptor Inhibitor Market by Type
9.3.5.1.2 Australia Epidermal Growth Factor Receptor Inhibitor Market by Application
9.3.5.2 China Epidermal Growth Factor Receptor Inhibitor Market
9.3.5.2.1 China Epidermal Growth Factor Receptor Inhibitor Market by Type
9.3.5.2.2 China Epidermal Growth Factor Receptor Inhibitor Market by Application
9.3.5.3 India Epidermal Growth Factor Receptor Inhibitor Market
9.3.5.3.1 India Epidermal Growth Factor Receptor Inhibitor Market by Type
9.3.5.3.2 India Epidermal Growth Factor Receptor Inhibitor Market by Application
9.3.5.4 Japan Epidermal Growth Factor Receptor Inhibitor Market
9.3.5.4.1 Japan Epidermal Growth Factor Receptor Inhibitor Market by Type
9.3.5.4.2 Japan Epidermal Growth Factor Receptor Inhibitor Market by Application
9.3.5.5 South Korea Epidermal Growth Factor Receptor Inhibitor Market
9.3.5.5.1 South Korea Epidermal Growth Factor Receptor Inhibitor Market by Type
9.3.5.5.2 South Korea Epidermal Growth Factor Receptor Inhibitor Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Epidermal Growth Factor Receptor Inhibitor Market Overview
9.4.2 Middle East and Africa Epidermal Growth Factor Receptor Inhibitor Market Forecasts and Analysis
9.4.3 Middle East and Africa Epidermal Growth Factor Receptor Inhibitor Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Epidermal Growth Factor Receptor Inhibitor Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Epidermal Growth Factor Receptor Inhibitor Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Epidermal Growth Factor Receptor Inhibitor Market
9.4.5.1.1 South Africa Epidermal Growth Factor Receptor Inhibitor Market by Type
9.4.5.1.2 South Africa Epidermal Growth Factor Receptor Inhibitor Market by Application
9.4.5.2 Saudi Arabia Epidermal Growth Factor Receptor Inhibitor Market
9.4.5.2.1 Saudi Arabia Epidermal Growth Factor Receptor Inhibitor Market by Type
9.4.5.2.2 Saudi Arabia Epidermal Growth Factor Receptor Inhibitor Market by Application
9.4.5.3 U.A.E Epidermal Growth Factor Receptor Inhibitor Market
9.4.5.3.1 U.A.E Epidermal Growth Factor Receptor Inhibitor Market by Type
9.4.5.3.2 U.A.E Epidermal Growth Factor Receptor Inhibitor Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Epidermal Growth Factor Receptor Inhibitor Market Overview
9.5.2 South and Central America Epidermal Growth Factor Receptor Inhibitor Market Forecasts and Analysis
9.5.3 South and Central America Epidermal Growth Factor Receptor Inhibitor Market Forecasts and Analysis - By Type
9.5.4 South and Central America Epidermal Growth Factor Receptor Inhibitor Market Forecasts and Analysis - By Application
9.5.5 South and Central America Epidermal Growth Factor Receptor Inhibitor Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Epidermal Growth Factor Receptor Inhibitor Market
9.5.5.1.1 Brazil Epidermal Growth Factor Receptor Inhibitor Market by Type
9.5.5.1.2 Brazil Epidermal Growth Factor Receptor Inhibitor Market by Application
9.5.5.2 Argentina Epidermal Growth Factor Receptor Inhibitor Market
9.5.5.2.1 Argentina Epidermal Growth Factor Receptor Inhibitor Market by Type
9.5.5.2.2 Argentina Epidermal Growth Factor Receptor Inhibitor Market by Application
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL EPIDERMAL GROWTH FACTOR RECEPTOR INHIBITOR MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Rest of the World
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. EPIDERMAL GROWTH FACTOR RECEPTOR INHIBITOR MARKET, KEY COMPANY PROFILES
12.1. ASTRAZENECA
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. ROCHE
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. PFIZER INC.
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. SPECTRUM PHARMACEUTICALS, INC.
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. CULLINAN ONCOLOGY, LLC
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. TAIHO PHARMACEUTICAL
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. LUTRIS PHARMA
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. BOEHRINGER INGELHEIM INTERNATIONAL GMBH
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. PUMA BIOTECHNOLOGY, INC
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. APOLLOMICS, INC.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
12.11. HUTCHISON MEDIPHARMA LIMITED
12.11.1. Key Facts
12.11.2. Business Description
12.11.3. Products and Services
12.11.4. Financial Overview
12.11.5. SWOT Analysis
12.11.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies

1. AstraZeneca
2. Roche
3. Pfizer Inc.
4. Spectrum Pharmaceuticals, Inc.
5. TAIHO PHARMACEUTICAL
6. Lutris Pharma
7. Boehringer Ingelheim International GmbH
8. Puma Biotechnology
9. Apollomics, Inc.
10. Hutchison

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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