High Resolution Melting Analysis Market By Product And End User - Global Industry Analysis And Forecast To 2023
Published On : May 2022 Pages : 90 Category: Healthcare IT Report Code : HC05761
Industry Outlook and Trend Analysis
The High Resolution Melting Analysis Market was worth USD 234.6 million in 2017 and is expected to reach approximately USD 310.13 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 3.15% during the forecast period. Expanding investment in Research & Development, increasing uses of this technology in epigenetics, and mutation scanning are a portion of the components pushing the market development. Advantages, for example, no usage of tests, prevention of post-PCR sample contamination, closed tube system, and high exactness of melting profile analysis are driving the HRM analysis market development. The market progression reflect that different players working in this space contend, in light of product specifications, for example, software & instrument capabilities, reagents, and prices. The technology used to fabricate, sample processing capacity, and quality of the product are the key factors anticipated that would affect the usage rates of these products.
Product Outlook and Trend Analysis
High Resolution Melting (HRM) reagents developed as one of the high potential product portions of HRM investigation market in 2017. This section is expected to grow at significant CAGR over the forecast period. Cost-effectiveness and expanding research with respect to growth, HIV, and other hereditary disorders by academic researchers and universities are among the key factors that can be credited for the portion's high share.
End User Outlook and Trend Analysis
Academic research ruled the general market as far as income offer of 77.01% in 2017 inferable from the developing interest for basic and effective atomic diagnostics and technological progressions from the customary genotyping by the usage of labelled probes for high-resolution melt analysis procedure. Additionally, rising interest for quick and intense genotype analysis of bigger examples for enormous scale genotyping ventures is foreseen to emphatically strengthen the interest for high resolution melting (HRM) analysis market over the conjecture time frame.
Application Outlook and Trend Analysis
Based on application the market is segmented into Microbial Species Identification, Epigenetics/ Methylation Profiling and drug-resistant, Detection of Acquired Mutations/Mutation Scanning/SNP Typing and Zygosity testing.
Regional Outlook and Trend Analysis
North America represented the biggest share of the overall industry of 41.6% in 2017. Major factors ascribing to its high income share are high interest in research and development, existence of high quality healthcare infrastructure, accessibility of enhanced reimbursement alternatives, and advancements in technology. Moreover, high awareness about various diagnostic tools accessible and related advantages are the key powers affecting general HRM examination market development.
Competitive Insights
The leading players in the market are Qiagen, Idaho Technology, Bio-Rad Laboratories, Premier Biosoft, Thermo Fisher Scientific, Kapa Biosystems Inc and Roche Molecular Systems Inc. HRM analysis market is oligopolistic in nature and has few organizations representing highest share. The producers of HRM analysis devices confront furious rivalry and are focused on upgrading their client pool through both organic and inorganic development.
The High Resolution Melting Analysis Market is segmented as follows-
By Product:
- Reagents
- Instruments
- Software
By End User:
- Clinical Diagnostics
- Academic Researcher
By Application:
- Microbial Species Identification
- Epigenetics/ Methylation Profiling and drug-resistant
- Detection of Acquired Mutations/Mutation Scanning/SNP Typing
- Zygosity testing
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Columbia
- South Africa
- Rest of South America
- Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- Nigeria
- South Africa
- Rest of MEA
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2017 to 2023?
- What will be the industry market growth from 2017 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
· High Resolution Melting Analysis Market, By Product, Estimates and Forecast, 2014-2023 ($Million)
· Instruments
· Reagents
· Software
· High Resolution Melting Analysis Market, By End User, Estimates and Forecast, 2014-2023 ($Million)
· Academic Researcher
· Clinical Diagnostics
· High Resolution Melting Analysis Market, By Region, Estimates and Forecast, 2014-2023 ($Million)
· North America
§ North America High Resolution Melting Analysis Market, By Country
o U.S. High Resolution Melting Analysis Market
o Canada High Resolution Melting Analysis Market
o Mexico High Resolution Melting Analysis Market
· Europe
§ Europe High Resolution Melting Analysis Market, By Country
o Germany High Resolution Melting Analysis Market
o UK High Resolution Melting Analysis Market
o France High Resolution Melting Analysis Market
o Russia High Resolution Melting Analysis Market
o Italy High Resolution Melting Analysis Market
o Rest of Europe High Resolution Melting Analysis Market
· Asia-Pacific
§ Asia-Pacific High Resolution Melting Analysis Market, By Country
o China High Resolution Melting Analysis Market
o Japan High Resolution Melting Analysis Market
o South Korea High Resolution Melting Analysis Market
o India High Resolution Melting Analysis Market
o Southeast Asia High Resolution Melting Analysis Market
o Rest of Asia-Pacific High Resolution Melting Analysis Market
· South America
§ South America High Resolution Melting Analysis Market
o Brazil High Resolution Melting Analysis Market
o Argentina High Resolution Melting Analysis Market
o Columbia High Resolution Melting Analysis Market
o South Africa High Resolution Melting Analysis Market
o Rest of South America High Resolution Melting Analysis Market
· Middle East and Africa
§ Middle East and Africa High Resolution Melting Analysis Market
o Saudi Arabia High Resolution Melting Analysis Market
o UAE High Resolution Melting Analysis Market
o Egypt High Resolution Melting Analysis Market
o Nigeria High Resolution Melting Analysis Market
o South Africa High Resolution Melting Analysis Market
o Rest of MEA High Resolution Melting Analysis Market
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
3.2.2. Restraints
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2017-2023)
4.1.2. Canada Market States and Outlook (2017-2023)
4.1.3. Mexico Market States and Outlook (2017-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2017-2023)
4.2.2. France Market States and Outlook (2017-2023)
4.2.3. UK Market States and Outlook (2017-2023)
4.2.4. Russia Market States and Outlook (2017-2023)
4.2.5. Italy Market States and Outlook (2017-2023)
4.2.6. Rest of Europe Market States and Outlook (2017-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2017-2023)
4.3.2. Japan Market States and Outlook (2017-2023)
4.3.3. Korea Market States and Outlook (2017-2023)
4.3.4. India Market States and Outlook (2017-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2017-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2017-2023)
4.4.2. Argentina Market States and Outlook (2017-2023)
4.4.3. Columbia Market States and Outlook (2017-2023)
4.4.4. Rest of South America Market States and Outlook (2017-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2017-2023)
4.5.2. UAE Market States and Outlook (2017-2023)
4.5.3. Egypt Market States and Outlook (2017-2023)
4.5.4. Nigeria Market States and Outlook (2017-2023)
4.5.5. South Africa Market States and Outlook (2017-2023)
4.5.6. Rest of MEA Market States and Outlook (2017-2023)
5. High Resolution Melting Analysis Market, By Product
5.1. Introduction
5.2. Global High Resolution Melting Analysis Sales, Revenue and Market Share by Product (2017-2017)
5.2.1. Global High Resolution Melting Analysis Sales and Sales Share by Product (2017-2017)
5.2.2. Global High Resolution Melting Analysis Revenue and Revenue Share by Product (2017-2017)
5.3. High Resolution Melting Analysis Market Assessment and Forecast, By Product, 2017-2023
5.4. Instruments
5.4.1. Global Instruments Sales and Growth Rate (2017-2027)
5.5. Reagents
5.5.1. Global Reagents Sales and Growth Rate (2017-2027)
5.6. Software
5.6.1. Global Software Sales and Growth Rate (2017-2027)
6. High Resolution Melting Analysis Market, By End User
6.1. Introduction
6.2. Global High Resolution Melting Analysis Sales, Revenue and Market Share by End User (2017-2017)
6.2.1. Global High Resolution Melting Analysis Sales and Sales Share by End User (2017-2017)
6.2.2. Global High Resolution Melting Analysis Revenue and Revenue Share by End User (2017-2017)
6.3. The High Resolution Melting Analysis Market Assessment and Forecast, By End User, 2017-2023
6.4. Academic Researcher
6.4.1. Global Academic Researcher Sales and Growth Rate (2017-2027)
6.5. Clinical Diagnostics
6.5.1. Global Clinical Diagnostics Sales and Growth Rate (2017-2027)
7. High Resolution Melting Analysis Market, By Region
7.1. Introduction
7.2. Global High Resolution Melting Analysis Sales, Revenue and Market Share by Regions
7.2.1. Global High Resolution Melting Analysis Sales by Regions (2017-2027)
7.2.2. Global High Resolution Melting Analysis Revenue by Regions (2017-2027)
7.3. North America High Resolution Melting Analysis by Countries
7.3.1. North America High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.3.2. North America High Resolution Melting Analysis Revenue and Growth Rate (2017-2027)
7.3.3. North America High Resolution Melting Analysis Sales by Countries (2017-2027)
7.3.4. North America High Resolution Melting Analysis Revenue (Million USD) by Countries (2017-2027)
7.3.5. U.S.
7.3.5.1. United States High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.3.5.2. United States High Resolution Melting Analysis Revenue (Millions USD) and Growth Rate (2017-2027)
7.3.6. Canada
7.3.6.1. Canada High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.3.6.2. Canada High Resolution Melting Analysis Sales (Millions USD) and Growth Rate (2017-2027)
7.3.7. Mexico
7.3.7.1. Mexico High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.3.7.2. Mexico High Resolution Melting Analysis Revenue (Millions USD) and Growth Rate (2017-2027)
7.4. Europe High Resolution Melting Analysis by Countries
7.4.1. Europe High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.4.2. Europe High Resolution Melting Analysis Revenue and Growth Rate (2017-2027)
7.4.3. Europe High Resolution Melting Analysis Sales by Countries (2017-2027)
7.4.4. Europe High Resolution Melting Analysis Revenue (Million USD) by Countries (2017-2027)
7.4.5. Germany
7.4.5.1. Germany High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.4.5.2. Germany High Resolution Melting Analysis Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.6. UK
7.4.6.1. UK High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.4.6.2. UK High Resolution Melting Analysis Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.7. France
7.4.7.1. France High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.4.7.2. France High Resolution Melting Analysis Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.8. Russia
7.4.8.1. Russia High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.4.8.2. Russia High Resolution Melting Analysis Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.9. Italy
7.4.9.1. Italy High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.4.9.2. Italy High Resolution Melting Analysis Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.10. Rest of Europe
7.4.10.1. Rest of Europe High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.4.10.2. Rest of Europe High Resolution Melting Analysis Revenue (Millions USD) and Growth Rate (2017-2027)
7.5. Asia-Pacific
7.5.1. Asia-Pacific High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.5.2. Asia-Pacific High Resolution Melting Analysis Revenue and Growth Rate (2017-2027)
7.5.3. Asia-Pacific High Resolution Melting Analysis Sales by Countries (2017-2027)
7.5.4. Asia-Pacific High Resolution Melting Analysis Revenue (Million USD) by Countries (2017-2027)
7.5.5. China
7.5.5.1. China High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.5.5.2. China High Resolution Melting Analysis Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.6. Japan
7.5.6.1. Japan High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.5.6.2. Japan High Resolution Melting Analysis Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.6.3.
7.5.7. Korea
7.5.7.1. Korea High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.5.7.2. Korea High Resolution Melting Analysis Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.8. India
7.5.8.1. India High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.5.8.2. India High Resolution Melting Analysis Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.9. Southeast Asia
7.5.9.1. Southeast Asia High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.5.9.2. Southeast Asia High Resolution Melting Analysis Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.10. Rest of Asia-Pacific
7.5.10.1. Rest of Asia-Pacific High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.5.10.2. Rest of Asia-Pacific High Resolution Melting Analysis Revenue (Millions USD) and Growth Rate (2017-2027)
7.6. South America
7.6.1. South America High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.6.2. South America High Resolution Melting Analysis Revenue and Growth Rate (2017-2027)
7.6.3. South America High Resolution Melting Analysis Sales by Countries (2017-2027)
7.6.4. South America High Resolution Melting Analysis Revenue (Million USD) by Countries (2017-2027)
7.6.5. Brazil
7.6.5.1. Brazil High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.6.5.2. Brazil High Resolution Melting Analysis Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.6. Argentina
7.6.6.1. Argentina High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.6.6.2. Argentina High Resolution Melting Analysis Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.7. Columbia
7.6.7.1. Columbia High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.6.7.2. Columbia High Resolution Melting Analysis Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.8. Rest of South America
7.6.8.1. Rest of South America High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.6.8.2. Rest of South America High Resolution Melting Analysis Revenue (Millions USD) and Growth Rate (2017-2027)
7.7. Middle East and Africa
7.7.1. Middle East and Africa High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.7.2. Middle East and Africa High Resolution Melting Analysis Revenue and Growth Rate (2017-2027)
7.7.3. Middle East and Africa High Resolution Melting Analysis Sales by Countries (2017-2027)
7.7.4. Middle East and Africa High Resolution Melting Analysis Revenue (Million USD) by Countries (2017-2027)
7.7.5. Saudi Arabia
7.7.5.1. Saudi Arabia High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.7.5.2. Saudi Arabia High Resolution Melting Analysis Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.6. United Arab Emirates
7.7.6.1. United Arab Emirates High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.7.6.2. United Arab Emirates High Resolution Melting Analysis Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.7. Egypt
7.7.7.1. Egypt High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.7.7.2. Egypt High Resolution Melting Analysis Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.8. Nigeria
7.7.8.1. Nigeria High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.7.8.2. Nigeria High Resolution Melting Analysis Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.9. South Africa
7.7.9.1. South Africa High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.7.9.2. South Africa High Resolution Melting Analysis Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.10. Rest of Middle East and Africa
7.7.10.1. Rest of Middle East and Africa High Resolution Melting Analysis Sales and Growth Rate (2017-2027)
7.7.10.2. Rest of Middle East and Africa High Resolution Melting Analysis Revenue (Millions USD) and Growth Rate (2017-2027)
8. Company Profiles
8.1. Idaho Technology, Inc.
8.1.1. Business Overview
8.1.2. Product Portfolio
8.1.3. Strategic Developments
8.1.4. Sales, Revenue and Market Share
8.2. Roche Molecular Systems
8.2.1. Business Overview
8.2.2. Product Portfolio
8.2.3. Strategic Developments
8.2.4. Sales, Revenue and Market Share
8.3. Thermo Fisher Scientific Corporation
8.3.1. Business Overview
8.3.2. Product Portfolio
8.3.3. Strategic Developments
8.3.4. Sales, Revenue and Market Share
8.4. Qiagen
8.4.1. Business Overview
8.4.2. Product Portfolio
8.4.3. Strategic Developments
8.4.4. Sales, Revenue and Market Share
8.5. Kapa Biosystems
8.5.1. Business Overview
8.5.2. Product Portfolio
8.5.3. Strategic Developments
8.5.4. Sales, Revenue and Market Share
8.6. Bio-Rad Laboratories, Inc.
8.6.1. Business Overview
8.6.2. Product Portfolio
8.6.3. Strategic Developments
8.6.4. Sales, Revenue and Market Share
8.7. Premier Biosoft
8.7.1. Business Overview
8.7.2. Product Portfolio
8.7.3. Strategic Developments
8.7.4. Sales, Revenue and Market Share
9. Global High Resolution Melting Analysis Market Competition, by Manufacturer
9.1. Global High Resolution Melting Analysis Sales and Market Share by Manufacturer (2017-2017)
9.2. Global High Resolution Melting Analysis Revenue and Market Share by Manufacturer (2017-2017)
9.3. Global High Resolution Melting Analysis Price by Manufacturer (2017-2017)
9.4. Top 5 High Resolution Melting Analysis Manufacturer Market Share
9.5. Market Competition Trend
10. High Resolution Melting Analysis Market Forecast (2027-2023)
10.1. Global High Resolution Melting Analysis Sales, Revenue (Millions USD) and Growth Rate (2027-2023)
10.2. High Resolution Melting Analysis Market Forecast by Regions (2027-2023)
10.2.1. North America High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.1.1. United States High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.1.2. Canada High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.1.3. Mexico High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.2. Europe High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.2.1. Germany High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.2.2. United Kingdom High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.2.3. France High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.2.4. Russia High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.2.5. Italy High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.2.6. Rest of the Europe High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.3. Asia-Pacific High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.3.1. China High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.3.2. Japan High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.3.3. Korea High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.3.4. India High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.3.5. Southeast Asia High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.3.6. Rest of Asia-Pacific High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.4. South America High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.4.1. Brazil High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.4.2. Argentina High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.4.3. Columbia High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.4.4. Rest of South America High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.5. Middle East and Africa High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.5.1. Saudi Arabia High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.5.2. UAE High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.5.3. Egypt High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.5.4. Nigeria High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.5.5. South Africa High Resolution Melting Analysis Market Forecast (2027-2023)
10.2.5.6. Rest of MEA High Resolution Melting Analysis Market Forecast (2027-2023)
10.3. High Resolution Melting Analysis Market Forecast by End User (2027-2023)
10.3.1. Global High Resolution Melting Analysis Sales Forecast by End User (2027-2023)
10.3.2. Global High Resolution Melting Analysis Sales Market Share Forecast by End User (2027-2023)
10.4. High Resolution Melting Analysis Market Forecast by Product (2027-2023)
10.4.1. Global High Resolution Melting Analysis Sales Forecast by Product (2027-2023)
10.4.2. Global High Resolution Melting Analysis Sales Market Share Forecast by Product (2027-2023)
List of Tables and Figures
*You can glance through the list of Tables and Figures when you view the sample copy of High Resolution Melting Analysis Market.
List of Tables
*You can glance through the list of Tables and Figures when you view the sample copy of High Resolution Melting Analysis Market.
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
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Data Collection Matrix |
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Demand Side |
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Primary Data Sources |
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Secondary Data Sources |
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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
Industry Analysis
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Qualitative Data |
Quantitative Data (2017-2025) |
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