Obstetric Central Monitoring System Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Obstetric Central Monitoring System Market covers analysis By Type (Single Bed, Multiple Beds); Application (Delivery Room, Waiting Room, ICU, Other) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00024185
  • Category : Medical Device
  • Status : Upcoming
  • No. of Pages : 150
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MARKET OVERVIEW

Better monitoring of pregnant women is essential for the prevention and good health of the mother and baby. Obstetrics monitoring systems are designed for entire antepartum, intrapartum, and postpartum applications that are easy to use and allow improved obstetrics care standards. The technological advancement has allowed carrying telehealth facilities and helps healthcare workers perform antenatal risk stratification, diagnostic assistance, and assess a patient's progress through a mobile device.

MARKET SCOPE

The "Global Obstetric Central Monitoring System 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 the obstetric central monitoring system market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading obstetric central monitoring system market players and offers key trends and opportunities in the market.MARKET SEGMENTATION

  •  Based on type, the global obstetric central monitoring system market is segmented into single bed and multiple beds.
  •  Based on application, the market is segmented into delivery room, waiting room, ICU and other.

MARKET DYNAMICS
Drivers:

  •  The rising number of preterm births.
  •  Technological advancements in obstetrics monitoring systems.
  •  Innovative product launch.
  •  Government initiatives and increasing research activities by health agencies.

Restraints:

  •  High cost of monitoring equipment.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The obstetric central monitoring system market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the 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 America after evaluating political, economic, social and technological factors affecting the obstetric central monitoring system market in these regions.

IMPACT OF COVID-19 ON OBSTETRIC CENTRAL MONITORING SYSTEM MARKET

COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. Initially, the market was affected due to the pandemic. Moreover, to reduce the virus transmission rate, various restrictive majors were imposed, such as worldwide lockdown, business and operations shut down, and many more, that affected the way the market works. Cancellation of elective procedures also led to fall in the hospital patient pool. Although, the relaxations in restrictions paved the way for market players to smoothly launch obstetrics monitors system with tele-ultrasound monitoring and portable technologies. The increased need to access devices that could reduce the need for in-clinic visits and reduce the burden on doctors and hospitals during the pandemic resulted in the manufacturing of noninvasive fetal and maternal monitoring devices. Therefore, owing to above-mentioned factors, the market growth was affected during the pandemic period.

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 an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The obstetric central monitoring system market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the 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 America after evaluating political, economic, social and technological factors affecting the obstetric central monitoring system market in these regions.

IMPACT OF COVID-19 ON OBSTETRIC CENTRAL MONITORING SYSTEM MARKET

COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. Initially, the market was affected due to the pandemic. Moreover, to reduce the virus transmission rate, various restrictive majors were imposed, such as worldwide lockdown, business and operations shut down, and many more, that affected the way the market works. Cancellation of elective procedures also led to fall in the hospital patient pool. Although, the relaxations in restrictions paved the way for market players to smoothly launch obstetrics monitors system with tele-ultrasound monitoring and portable technologies. The increased need to access devices that could reduce the need for in-clinic visits and reduce the burden on doctors and hospitals during the pandemic resulted in the manufacturing of noninvasive fetal and maternal monitoring devices. Therefore, owing to above-mentioned factors, the market growth was affected during the pandemic period.

MARKET PLAYERS

The report covers key developments in the obstetric central monitoring system 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 activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from obstetric central monitoring system market are anticipated to have lucrative growth opportunities in the future with the rising demand for obstetric central monitoring system in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the obstetric central monitoring system market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
  •  Philips Healthcare
  •  GE Healthcare
  •  Comen
  •  Mindray
  •  Infinium Medical
  •  Siemens Healthineers
  •  Huntleigh Healthcare Limited
  •  EDAN Diagnostics, Inc.
  •  Neoventa Medical AB
  •  Dixion
    The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer 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 Obstetric Central Monitoring System Market - By Type
    1.3.2 Obstetric Central Monitoring System Market - By Application
    1.3.3 Obstetric Central Monitoring System Market - By Region
    1.3.3.1 By Country

    2. KEY TAKEAWAYS

    3. RESEARCH METHODOLOGY

    4. OBSTETRIC CENTRAL MONITORING SYSTEM 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. OBSTETRIC CENTRAL MONITORING SYSTEM 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. OBSTETRIC CENTRAL MONITORING SYSTEM MARKET - GLOBAL MARKET ANALYSIS
    6.1. OBSTETRIC CENTRAL MONITORING SYSTEM - GLOBAL MARKET OVERVIEW
    6.2. OBSTETRIC CENTRAL MONITORING SYSTEM - GLOBAL MARKET AND FORECAST TO 2028
    6.3. MARKET POSITIONING

    7. OBSTETRIC CENTRAL MONITORING SYSTEM MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
    7.1. OVERVIEW
    7.2. TYPE MARKET FORECASTS AND ANALYSIS
    7.3. SINGLE BED
    7.3.1. Overview
    7.3.2. Single Bed Market Forecast and Analysis
    7.4. MULTIPLE BEDS
    7.4.1. Overview
    7.4.2. Multiple Beds Market Forecast and Analysis
    8. OBSTETRIC CENTRAL MONITORING SYSTEM MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
    8.1. OVERVIEW
    8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
    8.3. DELIVERY ROOM
    8.3.1. Overview
    8.3.2. Delivery Room Market Forecast and Analysis
    8.4. WAITING ROOM
    8.4.1. Overview
    8.4.2. Waiting Room Market Forecast and Analysis
    8.5. ICU
    8.5.1. Overview
    8.5.2. ICU Market Forecast and Analysis
    8.6. OTHER
    8.6.1. Overview
    8.6.2. Other Market Forecast and Analysis

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

    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. OBSTETRIC CENTRAL MONITORING SYSTEM MARKET, KEY COMPANY PROFILES
    11.1. PHILIPS HEALTHCARE
    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. GE HEALTHCARE
    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. COMEN
    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. MINDRAY
    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. INFINIUM MEDICAL
    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. SIEMENS HEALTHINEERS
    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. HUNTLEIGH HEALTHCARE LIMITED
    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. EDAN DIAGNOSTICS, INC.
    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. NEOVENTA MEDICAL AB
    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. DIXION
    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 Healthcare
    2. GE Healthcare
    3. Comen
    4. Mindray
    5. Infinium Medical
    6. Siemens Healthineers
    7. Huntleigh Healthcare Limited
    8. EDAN Diagnostics, Inc.
    9. Neoventa Medical AB
    10. Dixion

    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.

    Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

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