DiMethyl Sulfoxide Market by Raw Material and Application - Global Industry Analysis and Forecast To 2023

Published On : January 2018 Pages : 90 Category: Advanced Materials Report Code : CM01492

Industry Outlook and Trend Analysis

The global DiMethyl Sulfoxide (DMSO) Market is expected to reach a substantial amount by 2023, while registering itself at a significant compound annual growth rate (CAGR) during the forecast period. Dimethyl sulfoxide or DMSO, a solvent that is dipolar aprotic with high boiling-point and flash, has exceptional properties of miscibility with polar and non-polar solvents. DMSO is made by using black liquor, a byproductof paper mills. DMSO is useful in an extensive variety of applications, such as agrochemicals, pharmaceuticals, and fine chemicals. With progressing research and development to support the usage of DMSO in the pharmaceutical segment, it's normal that worldwide usage will witness an expansion amid the estimate time frame. Besides, attributable to its nontoxic and biodegradable properties, its usage in the agrochemicals division is likewise expected to witness significant development amid the figure time frame.

Raw Material Outlook and Trend Analysis

In terms of raw materials, the global DiMethyl Sulfoxide market is segmented into Sulphur, Black Liquor, Raw Cotton and Lignin.

Application Outlook and Trend Analysis

On the basis of applications, the global DiMethyl Sulfoxide market is segmented into Agrochemicals, Electronics, Fine Chemicals, Pharmaceuticals, Cleaning applications and Coatings. Development of agrochemicals section, and additionally interest for condition agreeable and nontoxic solvents is foreseen to drive the worldwide DMSO market amid the figure time frame. Despite the fact that it is made use of as a drug, the FDA (Food and Drug Administration) has restricted its usage for treating bladder damage as it were. Nonetheless, the FDA has as of late begun trials for using DMSO for closed head injuries, and it's normal that expanding pharmaceutical applications will betoken well for development of the DMSO market amid the gauge time frame.

Regional outlook and Trend Analysis

North America is the biggest consumer of DMSO comprehensively. APEJ is another lucrative market for DMSO, with solid request from gadgets segment in Japan and Korea anticipated that would fuel development of the district's DMSO market amid the gauge time frame. The appropriation of DMSO in China is picking up footing and further development is normal amid the gauge time frame. Whatever is left of the locales - Latin America, Europe and MEA will indicate moderate selection of DMSO amid the figure time frame.

Competitive Insights

The leading players in the market are Gaylord Chemical Corporation, Arkema Group, Hubei Xingfa Chemicals Group Co Ltd, Toray Fine Chemicals Co Ltd and Sigma-Aldrich. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

The DiMethyl Sulfoxide (DMSO) Market is segmented as follows-

By Raw Material:

  • Sulphur
  • Raw Cotton
  • Black Liquor
  • Lignin

By Application:

  • Electronics
  • Pharmaceuticals
  • Agrochemicals
  • Coatings
  • Cleaning applications  
  • Fine Chemicals

By Region

  • North America
  • U.S
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • Japan
    • China
    • Australia
    • India
    • South Korea
    • Rest of Asia Pacific
  • Rest of the World
  • Brazil
  • South Africa
  • Saudi Arabia
  • United Arab Emirates
  • Others

Some of the key questions answered by the report are:

  • What was the market size in 2014 and forecast from 2015 to 2023?
  • What will be the industry market growth from 2015 to 2023?
  • What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
  • What are the major segments leading the market growth and why?
  • Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

Market Classification

  • DiMethyl Sulfoxide Market, By Raw Material, Estimates and Forecast, 2014-2023 ($Million)
    • Raw Cotton
    • Sulphur
    • Lignin
    • Black Liquor
  • DiMethyl Sulfoxide Market, By Application, Estimates and Forecast, 2014-2023 ($Million)
    • Fine Chemicals
    • Pharmaceuticals
    • Electronics
    • Cleaning applications 
    • Agrochemicals
  • DiMethyl Sulfoxide Market, By Region, Estimates and Forecast, 2014-2023 ($Million)
    • North America
  • North America DiMethyl Sulfoxide Market, By Country
  • North America DiMethyl Sulfoxide Market, By Raw Material
  • North America DiMethyl Sulfoxide Market, By Application
    • U.S. DiMethyl Sulfoxide Market, By Raw Material
    • U.S. DiMethyl Sulfoxide Market, By Application
    • Canada DiMethyl Sulfoxide Market, By Raw Material
    • Canada DiMethyl Sulfoxide Market, By Application
    • Mexico DiMethyl Sulfoxide Market, By Raw Material
    • Mexico DiMethyl Sulfoxide Market, By Application
    • Europe
  • Europe DiMethyl Sulfoxide Market, By Country
  • Europe DiMethyl Sulfoxide Market, By Raw Material
  • Europe DiMethyl Sulfoxide Market, By Application
    • Germany DiMethyl Sulfoxide Market, By Raw Material
    • Germany DiMethyl Sulfoxide Market, By Application
    • France DiMethyl Sulfoxide Market, By Raw Material
    • France DiMethyl Sulfoxide Market, By Application
    • UK DiMethyl Sulfoxide Market, By Raw Material
    • UK DiMethyl Sulfoxide Market, By Application
    • Italy DiMethyl Sulfoxide Market, By Raw Material
    • Italy DiMethyl Sulfoxide Market, By Application
    • Spain DiMethyl Sulfoxide Market, By Raw Material
    • Spain DiMethyl Sulfoxide Market, By Application
    • Rest of Europe DiMethyl Sulfoxide Market, By Raw Material
    • Rest of Europe DiMethyl Sulfoxide Market, By Application
    • Asia-Pacific
      • Asia-Pacific DiMethyl Sulfoxide Market, By Country
      • Asia-Pacific DiMethyl Sulfoxide Market, By Raw Material
      • Asia-Pacific DiMethyl Sulfoxide Market, By Application
        • Japan DiMethyl Sulfoxide Market, By Raw Material
        • Japan DiMethyl Sulfoxide Market, By Application
        • Australia DiMethyl Sulfoxide Market, By Raw Material
        • Australia DiMethyl Sulfoxide Market, By Application
        • India DiMethyl Sulfoxide Market, By Raw Material
        • India DiMethyl Sulfoxide Market, By Application
        • South Korea DiMethyl Sulfoxide Market, By Raw Material
        • South Korea DiMethyl Sulfoxide Market, By Application
        • Rest of Asia-Pacific DiMethyl Sulfoxide Market, By Raw Material
        • Rest of Asia-Pacific DiMethyl Sulfoxide Market, By Application
    • Rest of the World
      • Rest of the World DiMethyl Sulfoxide Market, By Country
      • Rest of the World DiMethyl Sulfoxide Market, By Raw Material
      • Rest of the World DiMethyl Sulfoxide Market, By Application
        • Brazil DiMethyl Sulfoxide Market, By Raw Material
        • Brazil DiMethyl Sulfoxide Market, By Application
        • South Africa DiMethyl Sulfoxide Market, By Raw Material
        • South Africa DiMethyl Sulfoxide Market, By Application
        • Saudi Arabia DiMethyl Sulfoxide Market, By Raw Material
        • Saudi Arabia DiMethyl Sulfoxide Market, By Application
        • Turkey DiMethyl Sulfoxide Market, By Raw Material
        • Turkey DiMethyl Sulfoxide Market, By Application
        • United Arab Emirates DiMethyl Sulfoxide Market, By Raw Material
        • United Arab Emirates DiMethyl Sulfoxide Market, By Application
        • Others DiMethyl Sulfoxide Market, By Raw Material
        • Others DiMethyl Sulfoxide Market, By Application

Table of Contents

1.       Introduction

1.1.       Report Description

1.2.       Research Methodology

1.2.1.  Secondary Research

1.2.2.  Primary Research

2.       Executive Summary

2.1.       Key Highlights

3.       Market Overview

3.1.       Introduction

3.1.1.  Market Definition

3.1.2.  Market Segmentation

3.2.       Market Dynamics

3.2.1.  Drivers

3.2.2.  Restraints

3.2.3.  Opportunities

4.       DiMethyl Sulfoxide Market, By Raw Material

4.1.       Introduction

4.2.       DiMethyl Sulfoxide Market Assessment and Forecast, By Raw Material, 2014-2023

4.3.       Raw Cotton

4.3.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.4.       Sulphur

4.4.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.5.       Lignin

4.5.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.6.       Black Liquor

4.6.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

5.       DiMethyl Sulfoxide Market, By Application

5.1.       Introduction

5.2.       The DiMethyl Sulfoxide Market Assessment and Forecast, By Application, 2014-2023

5.3.       Fine Chemicals

5.3.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

5.4.       Pharmaceuticals

5.4.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

5.5.       Electronics

5.5.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

5.6.       Cleaning applications 

5.6.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

5.7.       Agrochemicals

5.7.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

6.       DiMethyl Sulfoxide Market, By Region

6.1.       Introduction

6.2.       DiMethyl Sulfoxide Market Assessment and Forecast, By Region, 2014-2023 ($Million)

6.3.       North America

6.3.1.  Market Assessment and Forecast, By Country, 2014-2023 ($Million)

6.3.2.  Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.3.3.  Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.3.4.  U.S.

6.3.4.1.    Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.3.4.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.3.5.  Canada

6.3.5.1.    Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.3.5.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.3.6.  Mexico

6.3.6.1.    Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.3.6.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.4.       Europe

6.4.1.  Market Assessment and Forecast, By Country, 2014-2023 ($Million)

6.4.2.  Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.4.3.  Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.4.4.  Germany

6.4.4.1.    Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.4.4.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.4.5.  France

6.4.5.1.    Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.4.5.2.    Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.4.6.  UK

6.4.6.1.    Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.4.6.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.4.7.  Italy

6.4.7.1.    Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.4.7.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.4.8.  Spain

6.4.8.1.    Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.4.8.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.4.9.  Rest of Europe

6.4.9.1.    Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.4.9.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.5.       Asia-Pacific

6.5.1.  Market Assessment and Forecast, By Country, 2014-2023 ($Million)

6.5.2.  Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.5.3.  Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.5.4.  Japan

6.5.4.1.    Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.5.4.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.5.5.  China

6.5.5.1.    Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.5.5.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.5.6.  Australia

6.5.6.1.    Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.5.6.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.5.7.  India

6.5.7.1.    Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.5.7.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.5.8.  South Korea

6.5.8.1.    Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.5.8.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.5.9.  Rest of Asia-Pacific

6.5.9.1.    Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.5.9.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.6.       Rest of the World

6.6.1.  Market Assessment and Forecast, By Country, 2014-2023 ($Million)

6.6.2.  Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.6.3.  Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.6.4.  Brazil

6.6.4.1.    Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.6.4.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.6.5.  Turkey

6.6.5.1.    Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.6.5.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.6.6.  Saudi Arabia

6.6.6.1.    Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.6.6.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.6.7.  South Africa

6.6.7.1.    Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.6.7.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.6.8.  United Arab Emirates

6.6.8.1.    Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.6.8.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.6.9.  Others

6.6.9.1.    Market Assessment and Forecast, By Raw Material, 2014-2023 ($Million)

6.6.9.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

7.       Company Profiles

7.1.       Toray Fine Chemicals Co. Ltd.

7.1.1.  Business Overview

7.1.2.  Product Portfolio

7.1.3.  Strategic Developments

7.2.       Sigma-Aldrich Co. LLC.

7.2.1.  Business Overview

7.2.2.  Product Portfolio

7.2.3.  Strategic Developments

7.3.       Arkema Group

7.3.1.  Business Overview

7.3.2.  Product Portfolio

7.3.3.  Strategic Developments

7.4.       Gaylord Chemical Corporation

7.4.1.  Business Overview

7.4.2.  Product Portfolio

7.4.3.  Strategic Developments

7.5.       Parchem Fine & Specialty Chemicals

7.5.1.  Business Overview

7.5.2.  Product Portfolio

7.5.3.  Strategic Developments

7.6.       Hubei Xingfa Chemicals Group

7.6.1.  Business Overview

7.6.2.  Product Portfolio

7.6.3.  Strategic Developments


List of Tables

Table: Global DiMethyl Sulfoxide Market, By Raw Material ($Million), 2014-2023

Table: Raw Cotton Market, By Region ($Million), 2014-2023

Table: Sulphur Market, By Region ($Million), 2014-2023

Table: Lignin Market, By Region ($Million), 2014-2023

Table: Black Liquor Market, By Region ($Million), 2014-2023

Table: Global DiMethyl Sulfoxide Market, By Application ($Million), 2014-2023

Table: Pharmaceuticals Market, By Region ($Million), 2014-2023

Table: Fine Chemicals Market, By Region ($Million), 2014-2023

Table: Pharmaceuticals Market, By Region ($Million), 2014-2023

Table: Electronics Market, By Region ($Million), 2014-2023

Table: Cleaning applications Market, By Region ($Million), 2014-2023

Table: Agrochemicals Market, By Region ($Million), 2014-2023

Table: Global DiMethyl Sulfoxide Market, By Region ($Million), 2014-2023

Table: North America DiMethyl Sulfoxide Market, By Country, 2014-2023 ($Million)

Table: North America DiMethyl Sulfoxide Market, By Raw Material, 2014-2023 ($Million)

Table: North America DiMethyl Sulfoxide Market, By Application, 2014-2023 ($Million)

Table: U.S. DiMethyl Sulfoxide Market, By Raw Material, 2014-2023 ($Million)

Table: U.S. DiMethyl Sulfoxide Market, By Application, 2014-2023 ($Million)

Table: Canada DiMethyl Sulfoxide Market, By Raw Material, 2014-2023 ($Million)

Table: Canada DiMethyl Sulfoxide Market, By Application, 2014-2023 ($Million)

Table: Mexico DiMethyl Sulfoxide Market, By Raw Material, 2014-2023 ($Million)

Table: Mexico DiMethyl Sulfoxide Market, By Application, 2014-2023 ($Million)

Table: Europe DiMethyl Sulfoxide Market, By Country, 2014-2023 ($Million)

Table: Europe DiMethyl Sulfoxide Market, By Raw Material, 2014-2023 ($Million)

Table: Europe DiMethyl Sulfoxide Market, By Application, 2014-2023 ($Million)

Table: Germany DiMethyl Sulfoxide Market, By Raw Material, 2014-2023 ($Million)

Table: Germany DiMethyl Sulfoxide Market, By Application, 2014-2023 ($Million)

Table: France DiMethyl Sulfoxide Market, By Raw Material, 2014-2023 ($Million)

Table: France DiMethyl Sulfoxide Market, By Application, 2014-2023 ($Million)

Table: UK DiMethyl Sulfoxide Market, By Raw Material, 2014-2023 ($Million)

Table: UK DiMethyl Sulfoxide Market, By Application, 2014-2023 ($Million)

Table: Italy DiMethyl Sulfoxide Market, By Raw Material, 2014-2023 ($Million)

Table: Italy DiMethyl Sulfoxide Market, By Application, 2014-2023 ($Million)

Table: Spain DiMethyl Sulfoxide Market, By Raw Material, 2014-2023 ($Million)

Table: Spain DiMethyl Sulfoxide Market, By Application, 2014-2023 ($Million)

Table: Rest of Europe DiMethyl Sulfoxide Market, By Raw Material, 2014-2023 ($Million)

Table: Rest of Europe DiMethyl Sulfoxide Market, By Application, 2014-2023 ($Million)

Table: Asia-Pacific DiMethyl Sulfoxide Market, By Country, 2014-2023 ($Million)

Table: Asia-Pacific DiMethyl Sulfoxide Market, By Raw Material, 2014-2023 ($Million)

Table: .Asia-Pacific DiMethyl Sulfoxide Market, By Application, 2014-2023 ($Million)

Table: Japan DiMethyl Sulfoxide Market, By Raw Material, 2014-2023 ($Million)

Table: Japan DiMethyl Sulfoxide Market, By Application, 2014-2023 ($Million)

Table: China DiMethyl Sulfoxide Market, By Raw Material, 2014-2023 ($Million)

Table: China DiMethyl Sulfoxide Market, By Application, 2014-2023 ($Million)

Table: Australia DiMethyl Sulfoxide Market, By Raw Material, 2014-2023 ($Million)

Table: Australia DiMethyl Sulfoxide Market, By Application, 2014-2023 ($Million)

Table: India DiMethyl Sulfoxide Market, By Raw Material, 2014-2023 ($Million)

Table: India DiMethyl Sulfoxide Market, By Application, 2014-2023 ($Million)

Table: South Korea DiMethyl Sulfoxide Market, By Raw Material, 2014-2023 ($Million)

Table: South Korea DiMethyl Sulfoxide Market, By Application, 2014-2023 ($Million)

Table: Rest of Asia-Pacific DiMethyl Sulfoxide Market, By Raw Material, 2014-2023 ($Million)

Table: Rest of Asia-Pacific DiMethyl Sulfoxide Market, By Application, 2014-2023 ($Million)

Table: Rest of the World DiMethyl Sulfoxide Market, By Country, 2014-2023 ($Million)

Table: Rest of the World DiMethyl Sulfoxide Market, By Raw Material, 2014-2023 ($Million)

Table: Rest of the World DiMethyl Sulfoxide Market, By Application, 2014-2023 ($Million)

Table: Brazil DiMethyl Sulfoxide Market, By Raw Material, 2014-2023 ($Million)

Table: Brazil DiMethyl Sulfoxide Market, By Application, 2014-2023 ($Million)

Table: Turkey DiMethyl Sulfoxide Market, By Raw Material, 2014-2023 ($Million)

Table: Turkey DiMethyl Sulfoxide Market, By Application, 2014-2023 ($Million)

Table: Saudi Arabia DiMethyl Sulfoxide Market, By Raw Material, 2014-2023 ($Million)

Table: Saudi Arabia DiMethyl Sulfoxide Market, By Application, 2014-2023 ($Million)

Table: South Africa DiMethyl Sulfoxide Market, By Raw Material, 2014-2023 ($Million)

Table: South Africa DiMethyl Sulfoxide Market, By Application, 2014-2023 ($Million)

Table: United Arab Emirates DiMethyl Sulfoxide Market, By Raw Material, 2014-2023 ($Million)

Table: United Arab Emirates DiMethyl Sulfoxide Market, By Application, 2014-2023 ($Million)

Table: Others DiMethyl Sulfoxide Market, By Raw Material, 2014-2023 ($Million)

Table: Others DiMethyl Sulfoxide Market, By Application, 2014-2023 ($Million)

Table: Toray Fine Chemicals Co. Ltd.: Key Strategic Developments, 2015-2017

Table: Sigma-Aldrich Co. LLC.: Key Strategic Developments, 2015-2017

Table: Arkema Group: Key Strategic Developments, 2015-2017

Table: Gaylord Chemical Corporation: Key Strategic Developments, 2015-2017

Table: Parchem Fine & Specialty Chemicals: Key Strategic Developments, 2015-2017

Table: Hubei Xingfa Chemicals Group: Key Strategic Developments, 2015-2017


List of Figures

Figure: Global DiMethyl Sulfoxide Market Share, By Raw Material, 2014 & 2023

Figure: DiMethyl Sulfoxide Market, By Application, 2016, ($Million)

Figure: DiMethyl Sulfoxide Market, By Region, 2016, ($Million)

Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

Data Collection Matrix

Supply Side

Demand Side

Primary Data Sources

  • Manufacturers
  • Distributors & Wholesalers
  • GPOs
  • Physicians/Specialist
  • Healthcare Providers
  • Consumers

Secondary Data Sources

  • Annual Reports/SEC Filings/ Investor Presentations/ Press Releases
  • Government/Associations Publications
  • Case Studies
  • Reference Customers

 

Market Modeling and Forecasting

We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.

  • Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
  • Number of patients for particular device or medical procedure and
  • Repeated use of particular device depending on health and condition of patient
  • Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.

We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

Data Validation

We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Data Triangulation

data triangulation

Industry Analysis

Qualitative Data

Quantitative Data (2017-2025)

  • Market Dynamics (Drivers, Restraints, and Challenges)
  • Industry Trend Analysis
  • Market Opportunities
  • Government Policies and Regulations, Patent Analysis, and Reimbursement Policies
  • Porter’s Five Forces and PESTLE Analysis
  • Key Developments and Competitive Landscape
  • Market Assessment and Forecast
  • Market Assessment and Forecast, By Product
  • Market Assessment and Forecast, By Technology
  • Market Assessment and Forecast, By Application
  • Market Assessment and Forecast, By End User
  • Market Assessment and Forecast, By Region/Country

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