The point of care testing is is a type of medical diagnostic testing at point of care i.e at the time and place of patient care. This testing provide very quick results. Pregnancy Point of Care Testing is used to determine whether or not a woman is pregnant and whether or not she is fertile. The components of Pregnancy Point of Care Testing precisely estimate the level of several reproductive hormones such as luteinizing hormone, follicle stimulating hormone, and GH. These kits are also useful for determining the exact day of ovulation. The advantage of a point-of-care pregnancy testing kit is that it decreases the overall time of the process, provides quick and accurate results, and allows tests to be performed without having to go to the hospital.
MARKET SCOPE
The "Global Pregnancy Point of Care Testing 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 pregnancy point of care testing market with detailed market segmentation by type, and distribution channel. The report provides key statistics on the market status of the leading pregnancy point of care testing market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type the market is segmented as, LH urine test, FSH urine test, HCG blood test and HCG urine test.
- Based on distribution channel the market is segmented as, pharmacies, fertility clinics, supermarkets.
MARKET DYNAMICS
Drivers:
- Increasing technological advancements in pregnancy point of care testing is expected to support market growth during the forecast period.
- Rising demand for pregnancy point of care testing among urban population is expected to fuel the market growth during the forecast period.
- Surge in gynecological and infertility disorders is expected to spur the market growth.
- Increasing trend for point of care testing due to quick results is also expected to fuel market growth.
Restraints:
- Whereas, low awareness about point of care testing in developing nations is expected to hamper market growth during the forecast period.
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 pregnancy point of care testing 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 pregnancy point of care testing market in these regions.
IMPACT OF COVID-19 ON PREGNANCY POINT OF CARE TESTING 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, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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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 pregnancy point of care testing 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 pregnancy point of care testing market in these regions.
IMPACT OF COVID-19 ON PREGNANCY POINT OF CARE TESTING 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, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the pregnancy point of care testing 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 marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from pregnancy point of care testing market are anticipated to lucrative growth opportunities in the future with the rising demand for pregnancy point of care testing in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the pregnancy point of care testing 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.
- Abbott
- Quidel Corporation
- Prestige Consumer Healthcare Inc
- Swiss Precision Diagnostics GmbH
- Biosynex
- EKF Diagnostics Holdings plc
- NOW Diagnostics
- NG BIOTECH SAS
- Procter and Gamble Co
- Piramal Enterprises
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
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.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Pregnancy Point Of Care Testing Market - By Type
1.3.2 Pregnancy Point Of Care Testing Market - By Distribution Channel
1.3.3 Pregnancy Point Of Care Testing Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PREGNANCY POINT OF CARE TESTING MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. PREGNANCY POINT OF CARE TESTING 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. PREGNANCY POINT OF CARE TESTING MARKET - GLOBAL MARKET ANALYSIS
6.1. PREGNANCY POINT OF CARE TESTING - GLOBAL MARKET OVERVIEW
6.2. PREGNANCY POINT OF CARE TESTING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. PREGNANCY POINT OF CARE TESTING MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. LH URINE TEST
7.3.1. Overview
7.3.2. LH Urine Test Market Forecast and Analysis
7.4. FSH URINE TEST
7.4.1. Overview
7.4.2. FSH Urine Test Market Forecast and Analysis
7.5. HCG BLOOD TEST
7.5.1. Overview
7.5.2. HCG Blood Test Market Forecast and Analysis
7.6. HCG URINE TEST
7.6.1. Overview
7.6.2. HCG Urine Test Market Forecast and Analysis
8. PREGNANCY POINT OF CARE TESTING MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. PHARMACIES
8.3.1. Overview
8.3.2. Pharmacies Market Forecast and Analysis
8.4. FERTILITY CLINICS
8.4.1. Overview
8.4.2. Fertility Clinics Market Forecast and Analysis
8.5. HYPERMARKETS AND SUPERMARKETS
8.5.1. Overview
8.5.2. Hypermarkets and Supermarkets Market Forecast and Analysis
9. PREGNANCY POINT OF CARE TESTING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Pregnancy Point Of Care Testing Market Overview
9.1.2 North America Pregnancy Point Of Care Testing Market Forecasts and Analysis
9.1.3 North America Pregnancy Point Of Care Testing Market Forecasts and Analysis - By Type
9.1.4 North America Pregnancy Point Of Care Testing Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Pregnancy Point Of Care Testing Market Forecasts and Analysis - By Countries
9.1.5.1 United States Pregnancy Point Of Care Testing Market
9.1.5.1.1 United States Pregnancy Point Of Care Testing Market by Type
9.1.5.1.2 United States Pregnancy Point Of Care Testing Market by Distribution Channel
9.1.5.2 Canada Pregnancy Point Of Care Testing Market
9.1.5.2.1 Canada Pregnancy Point Of Care Testing Market by Type
9.1.5.2.2 Canada Pregnancy Point Of Care Testing Market by Distribution Channel
9.1.5.3 Mexico Pregnancy Point Of Care Testing Market
9.1.5.3.1 Mexico Pregnancy Point Of Care Testing Market by Type
9.1.5.3.2 Mexico Pregnancy Point Of Care Testing Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Pregnancy Point Of Care Testing Market Overview
9.2.2 Europe Pregnancy Point Of Care Testing Market Forecasts and Analysis
9.2.3 Europe Pregnancy Point Of Care Testing Market Forecasts and Analysis - By Type
9.2.4 Europe Pregnancy Point Of Care Testing Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Pregnancy Point Of Care Testing Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Pregnancy Point Of Care Testing Market
9.2.5.1.1 Germany Pregnancy Point Of Care Testing Market by Type
9.2.5.1.2 Germany Pregnancy Point Of Care Testing Market by Distribution Channel
9.2.5.2 France Pregnancy Point Of Care Testing Market
9.2.5.2.1 France Pregnancy Point Of Care Testing Market by Type
9.2.5.2.2 France Pregnancy Point Of Care Testing Market by Distribution Channel
9.2.5.3 Italy Pregnancy Point Of Care Testing Market
9.2.5.3.1 Italy Pregnancy Point Of Care Testing Market by Type
9.2.5.3.2 Italy Pregnancy Point Of Care Testing Market by Distribution Channel
9.2.5.4 Spain Pregnancy Point Of Care Testing Market
9.2.5.4.1 Spain Pregnancy Point Of Care Testing Market by Type
9.2.5.4.2 Spain Pregnancy Point Of Care Testing Market by Distribution Channel
9.2.5.5 United Kingdom Pregnancy Point Of Care Testing Market
9.2.5.5.1 United Kingdom Pregnancy Point Of Care Testing Market by Type
9.2.5.5.2 United Kingdom Pregnancy Point Of Care Testing Market by Distribution Channel
9.2.5.6 Rest of Europe Pregnancy Point Of Care Testing Market
9.2.5.6.1 Rest of Europe Pregnancy Point Of Care Testing Market by Type
9.2.5.6.2 Rest of Europe Pregnancy Point Of Care Testing Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Pregnancy Point Of Care Testing Market Overview
9.3.2 Asia-Pacific Pregnancy Point Of Care Testing Market Forecasts and Analysis
9.3.3 Asia-Pacific Pregnancy Point Of Care Testing Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Pregnancy Point Of Care Testing Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Pregnancy Point Of Care Testing Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Pregnancy Point Of Care Testing Market
9.3.5.1.1 Australia Pregnancy Point Of Care Testing Market by Type
9.3.5.1.2 Australia Pregnancy Point Of Care Testing Market by Distribution Channel
9.3.5.2 China Pregnancy Point Of Care Testing Market
9.3.5.2.1 China Pregnancy Point Of Care Testing Market by Type
9.3.5.2.2 China Pregnancy Point Of Care Testing Market by Distribution Channel
9.3.5.3 India Pregnancy Point Of Care Testing Market
9.3.5.3.1 India Pregnancy Point Of Care Testing Market by Type
9.3.5.3.2 India Pregnancy Point Of Care Testing Market by Distribution Channel
9.3.5.4 Japan Pregnancy Point Of Care Testing Market
9.3.5.4.1 Japan Pregnancy Point Of Care Testing Market by Type
9.3.5.4.2 Japan Pregnancy Point Of Care Testing Market by Distribution Channel
9.3.5.5 South Korea Pregnancy Point Of Care Testing Market
9.3.5.5.1 South Korea Pregnancy Point Of Care Testing Market by Type
9.3.5.5.2 South Korea Pregnancy Point Of Care Testing Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Pregnancy Point Of Care Testing Market
9.3.5.6.1 Rest of Asia-Pacific Pregnancy Point Of Care Testing Market by Type
9.3.5.6.2 Rest of Asia-Pacific Pregnancy Point Of Care Testing Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Pregnancy Point Of Care Testing Market Overview
9.4.2 Middle East and Africa Pregnancy Point Of Care Testing Market Forecasts and Analysis
9.4.3 Middle East and Africa Pregnancy Point Of Care Testing Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Pregnancy Point Of Care Testing Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Pregnancy Point Of Care Testing Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Pregnancy Point Of Care Testing Market
9.4.5.1.1 South Africa Pregnancy Point Of Care Testing Market by Type
9.4.5.1.2 South Africa Pregnancy Point Of Care Testing Market by Distribution Channel
9.4.5.2 Saudi Arabia Pregnancy Point Of Care Testing Market
9.4.5.2.1 Saudi Arabia Pregnancy Point Of Care Testing Market by Type
9.4.5.2.2 Saudi Arabia Pregnancy Point Of Care Testing Market by Distribution Channel
9.4.5.3 U.A.E Pregnancy Point Of Care Testing Market
9.4.5.3.1 U.A.E Pregnancy Point Of Care Testing Market by Type
9.4.5.3.2 U.A.E Pregnancy Point Of Care Testing Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Pregnancy Point Of Care Testing Market
9.4.5.4.1 Rest of Middle East and Africa Pregnancy Point Of Care Testing Market by Type
9.4.5.4.2 Rest of Middle East and Africa Pregnancy Point Of Care Testing Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Pregnancy Point Of Care Testing Market Overview
9.5.2 South and Central America Pregnancy Point Of Care Testing Market Forecasts and Analysis
9.5.3 South and Central America Pregnancy Point Of Care Testing Market Forecasts and Analysis - By Type
9.5.4 South and Central America Pregnancy Point Of Care Testing Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Pregnancy Point Of Care Testing Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Pregnancy Point Of Care Testing Market
9.5.5.1.1 Brazil Pregnancy Point Of Care Testing Market by Type
9.5.5.1.2 Brazil Pregnancy Point Of Care Testing Market by Distribution Channel
9.5.5.2 Argentina Pregnancy Point Of Care Testing Market
9.5.5.2.1 Argentina Pregnancy Point Of Care Testing Market by Type
9.5.5.2.2 Argentina Pregnancy Point Of Care Testing Market by Distribution Channel
9.5.5.3 Rest of South and Central America Pregnancy Point Of Care Testing Market
9.5.5.3.1 Rest of South and Central America Pregnancy Point Of Care Testing Market by Type
9.5.5.3.2 Rest of South and Central America Pregnancy Point Of Care Testing Market by Distribution Channel
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. PREGNANCY POINT OF CARE TESTING MARKET, KEY COMPANY PROFILES
11.1. ABBOTT
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. QUIDEL CORPORATION
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. PRESTIGE CONSUMER HEALTHCARE INC
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. SWISS PRECISION DIAGNOSTICS GMBH
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. BIOSYNEX
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. EKF DIAGNOSTICS HOLDINGS PLC
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. NOW DIAGNOSTICS
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. NG BIOTECH SAS
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. PROCTER AND GAMBLE CO
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. PIRAMAL ENTERPRISES
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
1. Abbott
2. Quidel Corporation
3. Prestige Consumer Healthcare Inc
4. Swiss Precision Diagnostics GmbH
5. Biosynex
6. EKF Diagnostics Holdings plc
7. NOW Diagnostics
8. NG BIOTECH SAS
9. Procter and Gamble Co
10. Piramal Enterprises
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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