The veterinary rapid test market in MEA is expected to grow from US$ 34.12 million in 2021 to US$ 55.54 million by 2028; it is estimated to grow at a CAGR of 7.2% from 2021 to 2028.
Saudi Arabia, South Africa, and UAE are major economies in MEA. The veterinary rapid test market is characterized by the presence of various small and big companies. The market players are adopting the strategies such as new product launch, regional expansion, and technological advancements to increase their market share. Rising demand for rapid tests, point of care testing, and portable instruments are encouraging the new product launches in veterinary rapid testing. Point-of-Care (PoC) testing enables rapid results in non-laboratory veterinary setting and also increases productivity. These tests are cost-effective and encompass a wide range of diseases. Moreover, the growing demand for point-of-care diagnostics products is further driving product innovations in the market. Market players are investing in R&D to develop advanced technologies and gain more revenue share.The coronavirus has had a significant impact in the Middle East and Africa. Several increasing COVID-19 cases have been reported, including South Africa (2,553,466), Israel (900,482), United Arab Emirates (692,964), and Saudi Arabia (533,516) on 9th August 2021. The pandemic has increased the demand for medical devices. The region is experiencing an increasing number of drugs that present strained health systems with diverse diagnostic and therapeutic challenges, increasing medical devices. The lockdown in key countries has impacted the supply of domestic food and other goods and services. Countries are grappling with food shortages, and livestock farming has been particularly hard hit. Middle Eastern countries mainly consume beef. The lockdown has also impacted the travel business, and imports and exports are badly affected. Countries are the largest practices for dairy products; therefore, the supplies for the food feed and the additives for animals face shortages. The veterinary rapid test market in these regions is therefore moderately affected. Agricultural and zoonotic infectious diseases do not respect wealth or borders. Outbreaks of the novel, recurring, and transboundary animal diseases can have devastating effects on the individual, community, regional, and even global levels - as has been all too evident with the ongoing African Swine Fever (ASF) epidemic and the global COVID-19 pandemic, which is currently turning the lives and livelihoods of billions of people around the world upside down. However, segments of the medical industry, including rapid veterinary testing equipment, suffered losses during the COVID-19 pandemic due to limited manufacturing and supply chain facilities. The increasing number of cases of Covid cases in animals has also led to increased diagnosis and monitoring. This pandemic is affecting the operations of the various key players operating in the rapid veterinary testing market in the region.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive veterinary rapid test market. The MEA veterinary rapid test market is expected to grow at a good CAGR during the forecast period.
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MEA Veterinary Rapid Test Market Segmentation
MEA Veterinary Rapid Test Market – By Product
- Rapid Test Kits
- Rapid Test Readers
MEA Veterinary Rapid Test Market – By Application
- Viral Diseases
- Bacterial Diseases
- Parasitic Diseases
- Allergies
- Other Applications
MEA Veterinary Rapid Test Market – By Animal Type
- Livestock Animals
- Cattle
- Poultry
- Swine
- Others
- Companion Animals
- Dogs
- Cats
- Horses
- Others
MEA Veterinary Rapid Test Market- By Country
- Saudi Arabia
- South Africa
- UAE
- Rest of MEA
MEA Veterinary Rapid Test Market-Companies Mentioned
- HESKA CORPORATION
- Swissavans AG
- Virbac
- Woodley Equipment Company Ltd
- Zoetis Inc.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
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 MEA Veterinary Rapid Test Market – By Product
1.3.2 MEA Veterinary Rapid Test Market – By Application
1.3.3 MEA Veterinary Rapid Test Market – By Animal Type
1.3.4 MEA Veterinary Rapid Test Market – By Country
2. MEA Veterinary Rapid Test Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Veterinary Rapid Test Market – Market Landscape
4.1 Overview
4.2 MEA PEST Analysis
4.3 Expert Opinions
5. MEA Veterinary Rapid Test Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing incidences of zoonotic diseases
5.1.2 Increasing initiatives by the governments and animal welfare associations of different countries
5.2 Market Restraints
5.2.1 Limited Number of Skilled Professionals in Veterinary Diagnostics
5.3 Market Opportunities
5.3.1 Demand for Advanced Diagnostics to Improve Veterinary Disease Diagnosis
5.4 Future Trends
5.4.1 Escalating Number of Product Launches
5.5 Impact Analysis
6. Veterinary Rapid Test Market – MEA Analysis
6.1 MEA Veterinary Rapid Test Market Revenue Forecast and Analysis
7. MEA Veterinary Rapid Test Market Analysis – By Product
7.1 Overview
7.2 Veterinary Rapid Test Market Revenue Share, by Product (2021 and 2028)
7.3 Rapid Test Kits
7.3.1 Overview
7.3.2 Rapid Test Kits: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Rapid Test Readers
7.4.1 Overview
7.4.2 Rapid Test Readers: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)
8. MEA Veterinary Rapid Test Market Analysis – By Application
8.1 Overview
8.2 Veterinary Rapid Test Market Share, by Application, 2021 and 2028, (%)
8.3 Viral Diseases
8.3.1 Overview
8.3.2 Viral Diseases: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Bacterial Diseases
8.4.1 Overview
8.4.2 Bacterial Diseases: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Parasitic Diseases
8.5.1 Overview
8.5.2 Parasitic Diseases: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Allergies
8.6.1 Overview
8.6.2 Allergies: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Other Application
8.7.1 Overview
8.7.2 Other Application: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)
9. MEA Veterinary Rapid Test Market Analysis – By Animal Type
9.1 Overview
9.2 Veterinary Rapid Test Market Revenue Share, by Animal Type (2021 and 2028)
9.3 Companion Animals
9.3.1 Overview
9.3.2 Companion Animals: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)
9.3.2.1 Dogs
9.3.2.1.1 Overview
9.3.2.1.2 Dogs Market Revenue and Forecast to 2028 (US$ Mn)
9.3.2.2 Cats
9.3.2.2.1 Overview
9.3.2.2.2 Cats Market Revenue and Forecast to 2028 (US$ Mn)
9.3.2.3 Horses
9.3.2.3.1 Overview
9.3.2.3.2 Horses Market Revenue and Forecast to 2028 (US$ Mn)
9.3.2.4 Others
9.3.2.4.1 Overview
9.3.2.4.2 Others Market Revenue and Forecast to 2028 (US$ Mn)
9.4 Livestock Animals
9.4.1 Overview
9.4.2 Livestock Animals: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)
9.4.2.1 Cattle
9.4.2.1.1 Overview
9.4.2.1.2 Cattle Market Revenue and Forecast to 2028 (US$ Mn)
9.4.2.2 Swine
9.4.2.2.1 Overview
9.4.2.2.2 Swine Market Revenue and Forecast to 2028 (US$ Mn)
9.4.2.3 Poultry
9.4.2.3.1 Overview
9.4.2.3.2 Poultry Market Revenue and Forecast to 2028 (US$ Mn)
9.4.2.4 Others
9.4.2.4.1 Overview
9.4.2.4.2 Others Market Revenue and Forecast to 2028 (US$ Mn)
10. MEA Veterinary Rapid Test Market – Country Analysis
10.1.1 Overview
10.1.2 Middle East & Africa: Veterinary Rapid Test Market, by Country, 2021 & 2028 (%)
10.1.2.1 Saudi Arabia: Veterinary Rapid Test Market - Revenue and Forecast to 2028 (USD Million)
10.1.2.1.1 Saudi Arabia: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.1.2 Saudi Arabia Veterinary Rapid Test Market, by Product – Revenue and Forecast to 2028 (USD Million)
10.1.2.1.3 Saudi Arabia Veterinary Rapid Test Market, by Application – Revenue and Forecast to 2028 (USD Million)
10.1.2.1.4 Saudi Arabia Veterinary Rapid Test Market, by Animal Type – Revenue and Forecast to 2028 (USD Million)
10.1.2.1.4.1 Saudi Arabia: Veterinary Rapid Test Market, by Livestock Animals, 2019–2028 (USD Million)
10.1.2.1.4.2 Saudi Arabia: Veterinary Rapid Test Market, by Companion Animals, 2019–2028 (USD Million)
10.1.2.2 UAE: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.2.1 UAE: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.2.2 UAE Veterinary Rapid Test Market, by Product– Revenue and Forecast to 2028 (USD Million)
10.1.2.2.3 UAE Veterinary Rapid Test Market, by Application – Revenue and Forecast to 2028 (USD Million)
10.1.2.2.4 UAE Veterinary Rapid Test Market, by Animal Type – Revenue and Forecast to 2028 (USD Million)
10.1.2.2.4.1 UAE: Veterinary Rapid Test Market, by Livestock Animals, 2019–2028 (USD Million)
10.1.2.2.4.2 UAE: Veterinary Rapid Test Market, by Companion Animals, 2019–2028 (USD Million)
10.1.2.3 South Africa: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.3.1 South Africa: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.3.2 South Africa Veterinary Rapid Test Market, by Product – Revenue and Forecast to 2028 (USD Million)
10.1.2.3.3 South Africa Veterinary Rapid Test Market, by Application – Revenue and Forecast to 2028 (USD Million)
10.1.2.3.4 South Africa Veterinary Rapid Test Market, by Animal Type – Revenue and Forecast to 2028 (USD Million)
10.1.2.3.4.1 South Africa: Veterinary Rapid Test Market, by Livestock Animals, 2019–2028 (USD Million)
10.1.2.3.4.2 South Africa: Veterinary Rapid Test Market, by Companion Animals, 2019–2028 (USD Million)
10.1.2.4 Rest of Middle East and Africa: Veterinary Rapid Test Market - Revenue and Forecast to 2028 (USD Million)
10.1.2.4.1 Rest of Middle East and Africa: Veterinary Rapid Test Market - Revenue and Forecast to 2028 (USD Million)
10.1.2.4.2 Rest of Middle East & Africa Veterinary Rapid Test Market, by Product – Revenue and Forecast to 2028 (USD Million)
10.1.2.4.3 Rest of Middle East & Africa Veterinary Rapid Test Market, by Application – Revenue and Forecast to 2028 (USD Million)
10.1.2.4.4 Rest of Middle East and Africa Veterinary Rapid Test Market, by Animal Type – Revenue and Forecast to 2028 (USD Million)
10.1.2.4.4.1 Rest of Middle East and Africa: Veterinary Rapid Test Market, by Livestock Animals, 2019–2028 (USD Million)
10.1.2.4.4.2 Rest of Middle East and Africa: Veterinary Rapid Test Market, by Companion Animals, 2019–2028 (USD Million)
11. Impact Of COVID-19 Pandemic on MEA Veterinary Rapid Test Market
11.1 Overview
12. Industry Landscape
12.1 Overview
12.2 Inorganic Developments
12.2.1 Overview
13. Company Profiles
13.1 Zoetis Inc.
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 Virbac
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 HESKA CORPORATION
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 Swissavans AG
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 SWOT Analysis
13.4.5 Key Developments
13.5 Woodley Equipment Company Ltd
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
14. Appendix
14.1 About the Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. MEA Veterinary Rapid Test Market Revenue and Forecast to 2028 (US$ Million)
Table 2. Saudi Arabia Veterinary Rapid Test Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 3. Saudi Arabia Veterinary Rapid Test Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 4. Saudi Arabia Veterinary Rapid Test Market, by Animal type – Revenue and Forecast to 2028 (USD Million)
Table 5. Saudi Arabia Veterinary Rapid Test Market, by Livestock Animals – Revenue and Forecast to 2028 (USD Million)
Table 6. Saudi Arabia Veterinary Rapid Test Market, by Companion Animals – Revenue and Forecast to 2028 (USD Million)
Table 7. UAE Veterinary Rapid Test Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 8. UAE Veterinary Rapid Test Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 9. UAE Veterinary Rapid Test Market, by Animal type – Revenue and Forecast to 2028 (USD Million)
Table 10. UAE Veterinary Rapid Test Market, by Livestock Animals – Revenue and Forecast to 2028 (USD Million)
Table 11. UAE Veterinary Rapid Test Market, by Companion Animals – Revenue and Forecast to 2028 (USD Million)
Table 12. South Africa Veterinary Rapid Test Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 13. South Africa Veterinary Rapid Test Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 14. South Africa Veterinary Rapid Test Market, by Animal type – Revenue and Forecast to 2028 (USD Million)
Table 15. South Africa Veterinary Rapid Test Market, by Livestock Animals – Revenue and Forecast to 2028 (USD Million)
Table 16. South Africa Veterinary Rapid Test Market, by Companion Animals – Revenue and Forecast to 2028 (USD Million)
Table 17. Rest of Middle East & Africa Veterinary Rapid Test Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 18. Rest of Middle East & Africa Veterinary Rapid Test Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 19. Rest of Middle East and Africa Veterinary Rapid Test Market, by Animal type – Revenue and Forecast to 2028 (USD Million)
Table 20. Rest of Middle East and Africa Veterinary Rapid Test Market, by Livestock Animals – Revenue and Forecast to 2028 (USD Million)
Table 21. Rest of Middle East and Africa Veterinary Rapid Test Market, by Companion Animals – Revenue and Forecast to 2028 (USD Million)
Table 22. Inorganic Developments Done By Companies
Table 23. Glossary of Terms, Veterinary Rapid Test Market
LIST OF FIGURES
Figure 1. MEA Veterinary Rapid Test Market Segmentation
Figure 2. MEA Veterinary Rapid Test Market Segmentation, By Country
Figure 3. MEA Veterinary Rapid Test Market Overview
Figure 4. Rapid Test Kits Segment Held Largest Share of MEA Veterinary Rapid Test Market
Figure 5. Saudi Arabia to Show Significant Growth During Forecast Period
Figure 6. MEA PEST Analysis
Figure 7. MEA Veterinary Rapid Test Market Impact Analysis of Driver and Restraints
Figure 8. MEA Veterinary Rapid Test Market – Revenue Forecast and Analysis to 2028
Figure 9. MEA Veterinary Rapid Test Market Revenue Share, by Product (2021 and 2028)
Figure 10. MEA Rapid Test Kits: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. MEA Rapid Test Readers: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. MEA Veterinary Rapid Test Market Share, by Application, 2021 and 2028 (%)
Figure 13. MEA Viral Diseases: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. MEA Bacterial Diseases: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. MEA Parasitic Diseases: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. MEA Allergies: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. MEA Other Application: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. MEA Veterinary Rapid Test Market Revenue Share, by Animal Type (2021 and 2028)
Figure 19. MEA Companion Animals: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. MEA Dogs Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 21. MEA Cats Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 22. MEA Horses Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 23. MEA Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 24. MEA Livestock Animals: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. MEA Cattle Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 26. MEA Swine Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 27. MEA Poultry Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 28. MEA Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 29. Middle East & Africa: Veterinary Rapid Test Market, by Key Country – Revenue (2021) (USD Million)
Figure 30. Middle East & Africa: Veterinary Rapid Test Market, by Country, 2021 & 2028 (%)
Figure 31. Saudi Arabia: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (USD Million)
Figure 32. UAE: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (USD Million)
Figure 33. South Africa: Veterinary Rapid Test Market – Revenue and Forecast to 2028 (USD Million)
Figure 34. Rest of Middle East and Africa: Veterinary Rapid Test Market - Revenue and Forecast to 2028 (USD Million)
Figure 35. Impact Of COVID-19 Pandemic in Middle East and Africa Country Markets
- HESKA CORPORATION
- Swissavans AG
- Virbac
- Woodley Equipment Company Ltd
- Zoetis Inc.
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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