Fire Protection Materials Market by Type and Application - Global Industry Analysis and Forecast to 2023

Published On : January 2018 Pages : 120 Category: Advanced Materials Report Code : CM01438

Industry Outlook and Trend Analysis

The Fire Protection Materials Market was worth USD 3.61 billion in the year of 2014 and is expected to register itself at a compound annual growth rate (CAGR) of 8.61% during the forecast period. Expanding usage of fire protection materials for different sorts of constructions inferable from the presentation of strict fire safety controls and construction laws is assessed to drive the market over the estimate time frame. Additionally, expanding awareness of public with respect to fire safety of homes and work environments is probably going to push the market throughout the following years. Fire assurance materials reduce the spread of toxic fumes, flames, and smoke and give individuals more opportunity to get away from the development site. Such materials likewise give added time to flame motors and fire motor faculty to protect individuals from a basic circumstance.

Fire Protection Materials Market

 

Type Outlook and Trend Analysis

Sealant is foreseen to be the biggest type fragment over the conjecture time frame. Sealants are useful for insurance of development and extension joint in dividers and floors from flame. They can likewise be used where joints have high development ability, which is one of the key advantages of using sealants for protection from fire. Putty is useful as a part of both old and new construction, which makes it the quickest developing fire protection material. Putty ensures joints, piping, cables, and conduits from fire. Also, it enables control to smoke and harmful exhaust from spreading, which exhibit comparable risks as flame.

Application Outlook and Trend Analysis

Commercial construction is the biggest application fragment in the fire protection materials market. The portion is likewise the quickest developing application section attributable to expanding fire safety equipment regulations and usage of strict construction standards in development of malls, offices, hospitals, hotels, colleges, schools, universities, and shopping centers. The residential and industrial areas are probably going to be the biggest shoppers of fire protection materials for development inferable from quick development in populace and expanded mechanical movement, significantly in Asia Pacific nations of China and India. Additionally, increment in discretionary income and general fire safety awareness will drive the market.

Regional Outlook and Trend Analysis

Asia Pacific is foreseen to be the main territorial market throughout the following years. China and India have been seeing an expansion in modern movement because of government activities and quick populace growth. The Middle East and Africa is the second-quickest developing business sector. This can be credited to center of nations like Saudi Arabia and the United Arab Emirates on moving from oil driven economy into a business and tourism-driven economy for expansion of their monetary frameworks.

Competitive Insights

The leading players in the market are Sika AG, Morgan Advanced Materials, Hilti India Pvt Limited, AkzoNobel and BASF. Market players are focusing on creating high-performance products that can withstand extreme heat for a long period of time. This is done using advanced technologies and materials.

The Fire Protection Materials Market is segmented as follows-

By Type:

  • Mortar
  • Sheets/Boards
  • Sealants
  • Spray
  • Putty
  • Others

By Application:

  • Commercial Construction
  • Residential Construction
  • Industrial Construction

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

  • Fire Protection Materials Market, By Type, Estimates and Forecast, 2014-2023 ($Million)
    • Sealants
    • Mortar
    • Spray
    • Sheets/Boards
    • Putty
    • Other  Types
  • Fire Protection Materials Market, By Application, Estimates and Forecast, 2014-2023 ($Million)
    • Residential Construction
    • Commercial Construction
    • Industrial Construction
  • Fire Protection Materials Market, By Region, Estimates and Forecast, 2014-2023 ($Million)
    • North America
  • North America  Fire Protection Materials Market, By Country
  • North America  Fire Protection Materials Market, By Type
  • North America  Fire Protection Materials Market, By Application
    • U.S.  Fire Protection Materials Market, By Type
    • U.S. Fire Protection Materials Market, By Application
    • Canada  Fire Protection Materials Market, By Type
    • Canada  Fire Protection Materials Market, By Application
    • Mexico  Fire Protection Materials Market, By Type
    • Mexico  Fire Protection Materials Market, By Application
    • Europe
  • Europe Fire Protection Materials Market, By Country
  • Europe Fire Protection Materials Market, By Type
  • Europe Fire Protection Materials Market, By Application
    • Germany  Fire Protection Materials Market, By Type
    • Germany  Fire Protection Materials Market, By Application
    • France Fire Protection Materials Market, By Type
    • France Fire Protection Materials Market, By Application
    • UK   Fire Protection Materials Market, By Type
    • UK   Fire Protection Materials Market, By Application
    • Italy   Fire Protection Materials Market, By Type
    • Italy   Fire Protection Materials Market, By Application
    • Spain   Fire Protection Materials Market, By Type
    • Spain   Fire Protection Materials Market, By Application
    • Rest of Europe   Fire Protection Materials Market, By Type
    • Rest of Europe   Fire Protection Materials Market, By Application
    • Asia-Pacific
      • Asia-Pacific   Fire Protection Materials Market, By Country
      • Asia-Pacific   Fire Protection Materials Market, By Type
      • Asia-Pacific   Fire Protection Materials Market, By Application
        • Japan   Fire Protection Materials Market, By Type
        • Japan   Fire Protection Materials Market, By Application
        • Australia   Fire Protection Materials Market, By Type
        • Australia   Fire Protection Materials Market, By Application
        • India   Fire Protection Materials Market, By Type
        • India   Fire Protection Materials Market, By Application
        • South Korea   Fire Protection Materials Market, By Type
        • South Korea   Fire Protection Materials Market, By Application
        • Rest of Asia-Pacific   Fire Protection Materials Market, By Type
        • Rest of Asia-Pacific   Fire Protection Materials Market, By Application
    • Rest of the World
      • Rest of the World   Fire Protection Materials Market, By Country
      • Rest of the World   Fire Protection Materials Market, By Type
      • Rest of the World   Fire Protection Materials Market, By Application
        • Brazil   Fire Protection Materials Market, By Type
        • Brazil   Fire Protection Materials Market, By Application
        • South Africa   Fire Protection Materials Market, By Type
        • South Africa   Fire Protection Materials Market, By Application
        • Saudi Arabia   Fire Protection Materials Market, By Type
        • Saudi Arabia   Fire Protection Materials Market, By Application
        • Turkey   Fire Protection Materials Market, By Type
        • Turkey   Fire Protection Materials Market, By Application
        • United Arab Emirates   Fire Protection Materials Market, By Type
        • United Arab Emirates   Fire Protection Materials Market, By Application
        • Others   Fire Protection Materials Market, By Type
        • Others   Fire Protection Materials Market, By Application

Table of Contents

1.       Introduction

1.1.       Report Description

1.2.       Research Methodology

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

3.2.1.1.    Increasing Fire Safety Regulations

3.2.1.2.    Growing Construction Activities Globally

3.2.2.  Restraints

3.2.2.1.    Environmental and Health Concerns Restricting Growth of Conventional Fire Protection Materials

3.2.3.  Opportunities

3.2.3.1.    Emerging Markets to Offer Lucrative Growth Opportunities

4.       Fire Protection Materials Market, By Type

4.1.       Introduction

4.2.       Fire Protection Materials Market   Assessment and Forecast, By Type, 2014-2023

4.3.       Sealants

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

4.4.       Mortar

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

4.5.       Spray

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

4.6.       Sheets/Boards

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

4.7.       Putty

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

4.8.       Other Types

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

5.       Fire Protection Materials Market, By Application

5.1.       Introduction

5.2.       The Fire Protection Materials Market   Assessment and Forecast, By Application, 2014-2023

5.3.       Residential Construction

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

5.4.       Commercial Construction

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

5.5.       Industrial Construction

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

6.       Fire Protection Materials Market, By Region

6.1.       Introduction

6.2.       Fire Protection Materials Market   Assessment and Forecast, By Type, 2014-2023($Million)

6.3.       Fire Protection Materials Market   Assessment and Forecast, By Application , 2014-2023($Million)

6.4.       North America

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

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

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

6.4.4.  U.S.

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

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

6.4.5.  Canada

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

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

6.4.6.  Mexico

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

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

6.5.       Europe

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

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

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

6.5.4.  Germany

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

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

6.5.5.  France

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

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

6.5.6.  UK

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

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

6.5.7.  Italy

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

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

6.5.8.  Spain

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

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

6.5.9.  Rest of Europe

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

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

6.6.       Asia-Pacific

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

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

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

6.6.4.  Japan

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

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

6.6.5.  China

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

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

6.6.6.  Australia

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

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

6.6.7.  India

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

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

6.6.8.  South Korea

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

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

6.6.9.  Rest of Asia-Pacific

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

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

6.7.       Rest of the World

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

6.7.2.  Market Assessment and Forecast, By Type, 2014-2023($Million)

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

6.7.4.  Brazil

6.7.4.1.    Market Assessment and Forecast, By Type, 2014-2023($Million)

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

6.7.5.  Turkey

6.7.5.1.    Market Assessment and Forecast, By Type, 2014-2023($Million)

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

6.7.6.  Saudi Arabia

6.7.6.1.    Market Assessment and Forecast, By Type, 2014-2023($Million)

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

6.7.7.  South Africa

6.7.7.1.    Market Assessment and Forecast, By Type, 2014-2023($Million)

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

6.7.8.  United Arab Emirates

6.7.8.1.    Market Assessment and Forecast, By Type, 2014-2023($Million)

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

6.7.9.  Others

6.7.9.1.    Market Assessment and Forecast, By Type, 2014-2023($Million)

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

7.       Company Profiles

7.1.       AkzoNobel N.V.

7.1.1.  Business Overview

7.1.2.  Product Portfolio

7.1.3.  Strategic Developments

7.2.       3M

7.2.1.  Business Overview

7.2.2.  Product Portfolio

7.2.3.  Key Financials

7.2.4.  Strategic Developments

7.3.       Sika AG

7.3.1.  Business Overview

7.3.2.  Product  Portfolio

7.3.3.  Key Financials

7.3.4.  Strategic Developments

7.4.       BASF SE

7.4.1.  Business Overview

7.4.2.  Product Portfolio

7.4.3.  Key Financials

7.4.4.  Strategic Developments

7.5.       Morgan Advanced Materials

7.5.1.  Business Overview

7.5.2.  Product Portfolio

7.5.3.  Key Financials

7.5.4.  Strategic Developments

7.6.       Etex SA

7.6.1.  Business Overview

7.6.2.  Product Portfolio

7.6.3.  Strategic Developments

7.7.       Hilti

7.7.1.  Business Overview

7.7.2.  Product Portfolio

7.7.3.  Strategic Developments

7.8.       RectorSeal

7.8.1.  Business Overview

7.8.2.  Product  Portfolio

7.8.3.  Strategic Developments

7.9.       PPG Industries, Inc.

7.9.1.  Business Overview

7.9.2.  Product  Portfolio

7.9.3.  Strategic Developments

7.10.    Sherwin Williams Company

7.10.1.      Business Overview

7.10.2.      Product Portfolio

7.10.3.      Key Financials

7.10.4.      Strategic Developments

 

 


List of Tables

Table 1.Global Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 2.Sealants Market, By Region, 2014-2023($Million)

Table 3.Mortar Market, By Region, 2014-2023($Million)

Table 4.Spray Market, By Region, 2014-2023($Million)

Table 5.Sheets/Boards Market, By Region, 2014-2023($Million)

Table 6.Putty Market, By Region, 2014-2023($Million)

Table 7.Other Types Market, By Region, 2014-2023($Million)

Table 8.Global Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 9.Residential Construction Market, By Region, 2014-2023($Million)

Table 10.Commercial Construction Market, By Region, 2014-2023($Million)

Table 11.Industrial Construction Market, By Region, 2014-2023($Million)

Table 12.North America Fire Protection Materials Market, By Country, 2014-2023($Million)

Table 13.North America Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 14.North America Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 15.U.S. Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 16.U.S. Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 17.Canada Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 18.Canada Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 19.Mexico Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 20.Mexico Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 21.Europe Fire Protection Materials Market, By Country, 2014-2023($Million)

Table 22.Europe Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 23.Europe Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 24.Germany Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 25.Germany Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 26.France Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 27.France Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 28.UK Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 29.UK Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 30.Italy Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 31.Italy Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 32.Spain Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 33.Spain Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 34.Rest of Europe Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 35.Rest of Europe Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 36.Asia-Pacific Fire Protection Materials Market, By Country, 2014-2023($Million)

Table 37.Asia-Pacific Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 38.Asia-Pacific Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 39.Japan Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 40.Japan Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 41.China Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 42.China Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 43.Australia Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 44.Australia Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 45.India Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 46.India Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 47.South Korea Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 48.South Korea Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 49.Rest of Asia-Pacific Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 50.Rest of Asia-Pacific Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 51.Rest of the World Fire Protection Materials Market, By Country, 2014-2023($Million)

Table 52.Rest of the World Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 53.Rest of the World Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 54.Brazil Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 55.Brazil Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 56.Turkey Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 57.Turkey Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 58.Saudi Arabia Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 59.Saudi Arabia Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 60.South Africa Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 61.South Africa Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 62.United Arab Emirates Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 63.United Arab Emirates Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 64.Others Fire Protection Materials Market, By Type, 2014-2023($Million)

Table 65.Others Fire Protection Materials Market, By Application, 2014-2023($Million)

Table 66.AkzoNobel N.V.: Key Strategic Developments, 2015-2017

Table 67.3M: Key Strategic Developments, 2015-2017

Table 68.Sika AG: Key Strategic Developments, 2015-2017

Table 69.BASF SE: Key Strategic Developments, 2015-2017

Table 70.Morgan Advanced Materials: Key Strategic Developments, 2015-2017

Table 71.Etex SA: Key Strategic Developments, 2015-2017

Table 72.Hilti: Key Strategic Developments, 2015-2017

Table 73.RectorSeal: Key Strategic Developments, 2015-2017

Table 74.PPG Industries, Inc.: Key Strategic Developments, 2015-2017

Table 75.Sherwin Williams Company: Key Strategic Developments, 2015-2017


List of Figures

Figure 1.Global Fire Protection Materials Market Share, By Type, 2014 & 2023

Figure 2.Global Fire Protection Materials Market, By Application, 2014 & 2023 ($Million)

Figure 3.Global Fire Protection Materials Market, By Region, 2014 & 2023 ($Million)

Figure 4.AkzoNobel N.V.: Net Revenues, 2014-2016 ($Million)

Figure 5.AkzoNobel N.V.: Net Revenue Share, By Segment, 2016

Figure 6.AkzoNobel N.V.: Net Revenue Share, By Geography, 2016

Figure 7.3M: Net Revenues, 2014-2016 ($Million)

Figure 8.3M: Net Revenue Share, By Segment, 2016

Figure 9.3M: Net Revenue Share, By Geography, 2016

Figure 10.Sika AG: Net Revenues, 2014-2016 ($Million)

Figure 11.Sika AG: Net Revenue Share, By Segment, 2016

Figure 12.Sika AG: Net Revenue Share, By Geography, 2016

Figure 13.BASF SE: Net Revenues, 2014-2016 ($Million)

Figure 14.BASF SE: Net Revenue Share, By Segment, 2016

Figure 15.BASF SE: Net Revenue Share, By Geography, 2016

Figure 16.Sherwin Williams Company: Net Revenues, 2014-2016 ($Million)

Figure 17.Sherwin Williams Company: Net Revenue Share, By Segment, 2016

Figure 18.Sherwin Williams Company: Net Revenue Share, By Geography, 2016

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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