Rust Remover Market By Product Type And End User - Global Industry Analysis And Forecast To 2023

Published On : June 2018 Pages : 190 Category: Agrochemicals & Fertilizers Report Code : CM06852

Industry Outlook and Trend Analysis

The Rust Remover Market was worth USD 0.41 billion in 2014 and is expected to reach approximately USD 0.61 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 4.47% during the forecast period. Rust removers are chemical primers or solutions that can be applied specifically to an iron or iron alloy surface to turn iron oxides (rust) into a defensive chemical barrier. These chemicals associate with iron oxides, particularly iron (III) oxide, changing them into an adherent black layer that is more impervious to moisture and shields the surface from erosion. Rust remover is commonly applied to objects which are hard to sand impact, for example, fences, iron railings, vehicles, trailers, sheet metal, and the outside of storage tanks. It can also be used to re-establish and safeguard press based things of verifiable significance.

Product Outlook and Trend Analysis

The global rust remover market is segmented by product type into Neutral Rust Removers, Acid Rust Removers and Alkaline Rust Removers. Acid Rust Removers is the leading segment with an estimated market share of over 60% throughout the forecast period. Neutral Rust Removers segment is anticipated to encounter substantial development over the estimate time frame.

End User Outlook and Trend Analysis

The global rust remover market is segmented on the basis of end use industry into Aviation and Aerospace, Automotive, Oil and Gas/Petrochemical, Marine, Construction & Infrastructure, Metal Machining, and Others. Construction & Infrastructure is the dominating segment on the basis of value, foreseen to develop significantly. Oil and Gas/Petrochemical is expected to remain a lucrative segment over the forecast period.

Regional Outlook and Trend Analysis

APEJ is the leading regional market and is foreseen to continue domination over the forecast period. Development in the oil and gas sector in North America is foreseen to create major opportunities across the region. MEA is anticipated to remain a lucrative region over the forecast period due to rising investments in the automotive and oil and gas industry in the region.

Competitive Insights

The leading players in the market are Sherwin-Williams, Chempace Corporation, Fuchs Petrolub, PPG, American Building Restoration Products, Henkel, Corrosion Technologies LLC, Harris International Laboratories Inc, AkzoNobel and Quaker Chemical Corporation. 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 Rust Removers Market is segmented as follows-

By Product Type:

    • Neutral Rust Removers
    • Acid Rust Removers
    • Alkaline Rust Removers

By End User:

  • Aviation and Aerospace
  • Oil and Gas/Petrochemical
  • Marine
  • Automotive
  • Metal Machining
  • Construction & Infrastructure
  • Others

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 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

·         Rust Remover Market, By Product Type, Estimates and Forecast, 2014-2023 ($Million)

·         Acid Rust Removers

·         Neutral Rust Removers

·         Alkaline Rust Removers

·         Rust Remover Market, By End User, Estimates and Forecast, 2014-2023 ($Million)

·         Automotive

·         Aviation and Aerospace

·         Oil and Gas/Petrochemical

·         Marine

·         Construction & Infrastructure

·         Metal Machining

·         End Users

·         Rust Remover Market, By Region, Estimates and Forecast, 2014-2023 ($Million)

·         North America

§  North America Rust Remover Market, By Country

o    U.S. Rust Remover Market

o    Canada Rust Remover Market

o    Mexico Rust Remover Market

·         Europe

§  Europe Rust Remover Market, By Country

o    Germany Rust Remover Market

o    UK Rust Remover Market

o    France Rust Remover Market

o    Russia Rust Remover Market

o    Italy Rust Remover Market

o    Rest of Europe Rust Remover Market

·         Asia-Pacific

§  Asia-Pacific Rust Remover Market, By Country

o    China Rust Remover Market

o    Japan Rust Remover Market

o    South Korea Rust Remover Market

o    India Rust Remover Market

o    Southeast Asia Rust Remover Market

o    Rest of Asia-Pacific Rust Remover Market

·         South America

§  South America Rust Remover Market

o    Brazil Rust Remover Market

o    Argentina Rust Remover Market

o    Columbia Rust Remover Market

o    South Africa Rust Remover Market

o    Rest of South America Rust Remover Market

·         Middle East and Africa

§  Middle East and Africa Rust Remover Market

o    Saudi Arabia Rust Remover Market

o    UAE Rust Remover Market

o    Egypt Rust Remover Market

o    Nigeria Rust Remover Market

o    South Africa Rust Remover Market

o    Rest of MEA Rust Remover Market

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

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 (2014-2023)

4.1.2.  Canada Market States and Outlook (2014-2023)

4.1.3.  Mexico Market States and Outlook (2014-2023)

4.2.       Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

4.2.1.  Germany Market States and Outlook (2014-2023)

4.2.2.  France Market States and Outlook (2014-2023)

4.2.3.  UK Market States and Outlook (2014-2023)

4.2.4.  Russia Market States and Outlook (2014-2023)

4.2.5.  Italy Market States and Outlook (2014-2023)

4.2.6.  Rest of Europe Market States and Outlook (2014-2023)

4.3.       Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)

4.3.1.  China Market States and Outlook (2014-2023)

4.3.2.  Japan Market States and Outlook (2014-2023)

4.3.3.  Korea Market States and Outlook (2014-2023)

4.3.4.  India Market States and Outlook (2014-2023)

4.3.5.  Rest of Asia-Pacific Market States and Outlook (2014-2023)

4.4.       South America (Brazil, Argentina, Columbia and Rest of South America)

4.4.1.  Brazil Market States and Outlook (2014-2023)

4.4.2.  Argentina Market States and Outlook (2014-2023)

4.4.3.  Columbia Market States and Outlook (2014-2023)

4.4.4.  Rest of South America Market States and Outlook (2014-2023)

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 (2014-2023)

4.5.2.  UAE Market States and Outlook (2014-2023)

4.5.3.  Egypt Market States and Outlook (2014-2023)

4.5.4.  Nigeria Market States and Outlook (2014-2023)

4.5.5.  South Africa Market States and Outlook (2014-2023)

4.5.6.  Rest of MEA Market States and Outlook (2014-2023)

5.       Rust Remover Market, By Product Type

5.1.       Introduction

5.2.       Global Rust Remover Sales, Revenue and Market Share by Product Type (2014-2018)

5.2.1.  Global Rust Remover Sales and Sales Share by Product Type (2014-2018)

5.2.2.  Global Rust Remover Revenue and Revenue Share by Product Type (2014-2018)

5.3.       Acid Rust Removers

5.3.1.  Global Acid Rust Removers Sales and Growth Rate (2014-2018)

5.4.       Neutral Rust Removers

5.4.1.  Global Neutral Rust Removers Sales and Growth Rate (2014-2018)

5.5.       Alkaline Rust Removers

5.5.1.  Global Alkaline Rust Removers Sales and Growth Rate (2014-2018)

6.       Rust Remover Market, By End User

6.1.       Introduction

6.2.       Global Rust Remover Sales, Revenue and Market Share by End User (2014-2018)

6.2.1.  Global Rust Remover Sales and Sales Share by End User (2014-2018)

6.2.2.  Global Rust Remover Revenue and Revenue Share by End User (2014-2018)

6.3.       Automotive

6.3.1.  Global Automotive Sales and Growth Rate (2014-2018)

6.4.       Aviation and Aerospace

6.4.1.  Global Aviation and Aerospace Sales and Growth Rate (2014-2018)

6.5.       Oil and Gas/Petrochemical

6.5.1.  Global Oil and Gas/Petrochemical Sales and Growth Rate (2014-2018)

6.6.       Marine

6.6.1.  Global Marine Sales and Growth Rate (2014-2018)

6.7.       Construction & Infrastructure

6.7.1.  Global Construction & Infrastructure Sales and Growth Rate (2014-2018)

6.8.       Metal Machining

6.8.1.  Global Metal Machining Sales and Growth Rate (2014-2018)

6.9.       Other End Users

6.9.1.  Global Other End Users Sales and Growth Rate (2014-2018)

7.       Rust Remover Market, By Region

7.1.       Introduction

7.2.       Global Rust Remover Sales, Revenue and Market Share by Regions

7.2.1.  Global Rust Remover Sales by Regions (2014-2018)

7.2.2.  Global Rust Remover Revenue by Regions (2014-2018)

7.3.       North America Rust Remover by Countries

7.3.1.  North America Rust Remover Sales and Growth Rate (2014-2018)

7.3.2.  North America Rust Remover Revenue and Growth Rate (2014-2018)

7.3.3.  North America Rust Remover Sales by Countries (2014-2018)

7.3.4.  North America Rust Remover Revenue (Million USD) by Countries (2014-2018)

7.3.5.  U.S.

7.3.5.1.    United States Rust Remover Sales and Growth Rate (2014-2018)

7.3.5.2.    United States Rust Remover Revenue (Millions USD) and Growth Rate (2014-2018)

7.3.6.  Canada

7.3.6.1.    Canada Rust Remover Sales and Growth Rate (2014-2018)

7.3.6.2.    Canada Rust Remover Sales (Millions USD) and Growth Rate (2014-2018)

7.3.7.  Mexico

7.3.7.1.    Mexico Rust Remover Sales and Growth Rate (2014-2018)

7.3.7.2.    Mexico Rust Remover Revenue (Millions USD) and Growth Rate (2014-2018)

7.4.       Europe Rust Remover by Countries

7.4.1.  Europe Rust Remover Sales and Growth Rate (2014-2018)

7.4.2.  Europe Rust Remover Revenue and Growth Rate (2014-2018)

7.4.3.  Europe Rust Remover Sales by Countries (2014-2018)

7.4.4.  Europe Rust Remover Revenue (Million USD) by Countries (2014-2018)

7.4.5.  Germany

7.4.5.1.    Germany Rust Remover Sales and Growth Rate (2014-2018)

7.4.5.2.    Germany Rust Remover Revenue (Millions USD) and Growth Rate (2014-2018)

7.4.6.  UK

7.4.6.1.    UK Rust Remover Sales and Growth Rate (2014-2018)

7.4.6.2.    UK Rust Remover Revenue (Millions USD) and Growth Rate (2014-2018)

7.4.7.  France

7.4.7.1.    France Rust Remover Sales and Growth Rate (2014-2018)

7.4.7.2.    France Rust Remover Revenue (Millions USD) and Growth Rate (2014-2018)

7.4.8.  Russia

7.4.8.1.    Russia Rust Remover Sales and Growth Rate (2014-2018)

7.4.8.2.    Russia Rust Remover Revenue (Millions USD) and Growth Rate (2014-2018)

7.4.9.  Italy

7.4.9.1.    Italy Rust Remover Sales and Growth Rate (2014-2018)

7.4.9.2.    Italy Rust Remover Revenue (Millions USD) and Growth Rate (2014-2018)

7.4.10.      Rest of Europe

7.4.10.1. Rest of Europe Rust Remover Sales and Growth Rate (2014-2018)

7.4.10.2. Rest of Europe Rust Remover Revenue (Millions USD) and Growth Rate (2014-2018)

7.5.       Asia-Pacific

7.5.1.  Asia-Pacific Rust Remover Sales and Growth Rate (2014-2018)

7.5.2.  Asia-Pacific Rust Remover Revenue and Growth Rate (2014-2018)

7.5.3.  Asia-Pacific Rust Remover Sales by Countries (2014-2018)

7.5.4.  Asia-Pacific Rust Remover Revenue (Million USD) by Countries (2014-2018)

7.5.5.  China

7.5.5.1.    China Rust Remover Sales and Growth Rate (2014-2018)

7.5.5.2.    China Rust Remover Revenue (Millions USD) and Growth Rate (2014-2018)

7.5.6.  Japan

7.5.6.1.    Japan Rust Remover Sales and Growth Rate (2014-2018)

7.5.6.2.    Japan Rust Remover Revenue (Millions USD) and Growth Rate (2014-2018)

7.5.6.3.     

7.5.7.  Korea

7.5.7.1.    Korea Rust Remover Sales and Growth Rate (2014-2018)

7.5.7.2.    Korea Rust Remover Revenue (Millions USD) and Growth Rate (2014-2018)

7.5.8.  India

7.5.8.1.    India Rust Remover Sales and Growth Rate (2014-2018)

7.5.8.2.    India Rust Remover Revenue (Millions USD) and Growth Rate (2014-2018)

7.5.9.  Southeast Asia

7.5.9.1.    Southeast Asia Rust Remover Sales and Growth Rate (2014-2018)

7.5.9.2.    Southeast Asia Rust Remover Revenue (Millions USD) and Growth Rate (2014-2018)

7.5.10.      Rest of Asia-Pacific

7.5.10.1. Rest of Asia-Pacific Rust Remover Sales and Growth Rate (2014-2018)

7.5.10.2. Rest of Asia-Pacific Rust Remover Revenue (Millions USD) and Growth Rate (2014-2018)

7.6.       South America

7.6.1.  South America Rust Remover Sales and Growth Rate (2014-2018)

7.6.2.  South America Rust Remover Revenue and Growth Rate (2014-2018)

7.6.3.  South America Rust Remover Sales by Countries (2014-2018)

7.6.4.  South America Rust Remover Revenue (Million USD) by Countries (2014-2018)

7.6.5.  Brazil

7.6.5.1.    Brazil Rust Remover Sales and Growth Rate (2014-2018)

7.6.5.2.    Brazil Rust Remover Revenue (Millions USD) and Growth Rate (2014-2018)

7.6.6.  Argentina

7.6.6.1.    Argentina Rust Remover Sales and Growth Rate (2014-2018)

7.6.6.2.    Argentina Rust Remover Revenue (Millions USD) and Growth Rate (2014-2018)

7.6.7.  Columbia

7.6.7.1.    Columbia Rust Remover Sales and Growth Rate (2014-2018)

7.6.7.2.    Columbia Rust Remover Revenue (Millions USD) and Growth Rate (2014-2018)

7.6.8.  Rest of South America

7.6.8.1.    Rest of South America Rust Remover Sales and Growth Rate (2014-2018)

7.6.8.2.    Rest of South America Rust Remover Revenue (Millions USD) and Growth Rate (2014-2018)

7.7.       Middle East and Africa

7.7.1.  Middle East and Africa Rust Remover Sales and Growth Rate (2014-2018)

7.7.2.  Middle East and Africa Rust Remover Revenue and Growth Rate (2014-2018)

7.7.3.  Middle East and Africa Rust Remover Sales by Countries (2014-2018)

7.7.4.  Middle East and Africa Rust Remover Revenue (Million USD) by Countries (2014-2018)

7.7.5.  Saudi Arabia

7.7.5.1.    Saudi Arabia Rust Remover Sales and Growth Rate (2014-2018)

7.7.5.2.    Saudi Arabia Rust Remover Revenue (Millions USD) and Growth Rate (2014-2018)

7.7.6.  United Arab Emirates

7.7.6.1.    United Arab Emirates Rust Remover Sales and Growth Rate (2014-2018)

7.7.6.2.    United Arab Emirates Rust Remover Revenue (Millions USD) and Growth Rate (2014-2018)

7.7.7.  Egypt

7.7.7.1.    Egypt Rust Remover Sales and Growth Rate (2014-2018)

7.7.7.2.    Egypt Rust Remover Revenue (Millions USD) and Growth Rate (2014-2018)

7.7.8.  Nigeria

7.7.8.1.    Nigeria Rust Remover Sales and Growth Rate (2014-2018)

7.7.8.2.    Nigeria Rust Remover Revenue (Millions USD) and Growth Rate (2014-2018)

7.7.9.  South Africa

7.7.9.1.    South Africa Rust Remover Sales and Growth Rate (2014-2018)

7.7.9.2.    South Africa Rust Remover Revenue (Millions USD) and Growth Rate (2014-2018)

7.7.10.      Rest of Middle East and Africa

7.7.10.1. Rest of Middle East and Africa Rust Remover Sales and Growth Rate (2014-2018)

7.7.10.2. Rest of Middle East and Africa Rust Remover Revenue (Millions USD) and Growth Rate (2014-2018)

8.       Company Profiles

8.1.         Henkel AG & Co. KGaA

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.       Quaker Chemical Corporation

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.       PPG Industries, Inc.

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.       Fuchs Petrolub SE: FUCHS Group

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.       Akzo Nobel N.V.

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.       The Sherwin-Williams Company

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.        Harris International Laboratories, Inc.

8.7.1.  Business Overview

8.7.2.  Product Portfolio

8.7.3.  Strategic Developments

8.7.4.  Sales, Revenue and Market Share

8.8.       ZERUST EXCOR

8.8.1.  Business Overview

8.8.2.  Product Portfolio

8.8.3.  Strategic Developments

8.8.4.  Sales, Revenue and Market Share

8.9.       Chempace Corporation

8.9.1.  Business Overview

8.9.2.  Product Portfolio

8.9.3.  Strategic Developments

8.9.4.  Sales, Revenue and Market Share

8.10.    American Building Restoration Products, Inc.

8.10.1.      Business Overview

8.10.2.      Product Portfolio

8.10.3.      Strategic Developments

8.10.4.      Sales, Revenue and Market Share

9.       Global Rust Remover Market Competition, by Manufacturer

9.1.       Global Rust Remover Sales and Market Share by Manufacturer (2016-2017)

9.2.       Global Rust Remover Revenue and Market Share by Manufacturer (2016-2017)

9.3.       Global Rust Remover Price by Manufacturer (2016-2017)

9.4.       Top 5 Rust Remover Manufacturer Market Share

9.5.       Market Competition Trend

10.   Rust Remover Market Forecast (2018-2023)

10.1.    Global Rust Remover Sales, Revenue (Millions USD) and Growth Rate (2018-2023)

10.2.    Rust Remover Market Forecast by Regions (2018-2023)

10.2.1.      North America Rust Remover Market Forecast (2018-2023)

10.2.1.1. United States Rust Remover Market Forecast (2018-2023)

10.2.1.2. Canada Rust Remover Market Forecast (2018-2023)

10.2.1.3. Mexico Rust Remover Market Forecast (2018-2023)

10.2.2.      Europe Rust Remover Market Forecast (2018-2023)

10.2.2.1. Germany Rust Remover Market Forecast (2018-2023)

10.2.2.2. United Kingdom Rust Remover Market Forecast (2018-2023)

10.2.2.3. France Rust Remover Market Forecast (2018-2023)

10.2.2.4. Russia Rust Remover Market Forecast (2018-2023)

10.2.2.5. Italy Rust Remover Market Forecast (2018-2023)

10.2.2.6. Rest of the Europe Rust Remover Market Forecast (2018-2023)

10.2.3.      Asia-Pacific Rust Remover Market Forecast (2018-2023)

10.2.3.1. China Rust Remover Market Forecast (2018-2023)

10.2.3.2. Japan Rust Remover Market Forecast (2018-2023)

10.2.3.3. Korea Rust Remover Market Forecast (2018-2023)

10.2.3.4. India Rust Remover Market Forecast (2018-2023)

10.2.3.5. Southeast Asia Rust Remover Market Forecast (2018-2023)

10.2.3.6. Rest of Asia-Pacific Rust Remover Market Forecast (2018-2023)

10.2.4.      South America Rust Remover Market Forecast (2018-2023)

10.2.4.1. Brazil Rust Remover Market Forecast (2018-2023)

10.2.4.2. Argentina Rust Remover Market Forecast (2018-2023)

10.2.4.3. Columbia Rust Remover Market Forecast (2018-2023)

10.2.4.4. Rest of South America Rust Remover Market Forecast (2018-2023)

10.2.5.      Middle East and Africa Rust Remover Market Forecast (2018-2023)

10.2.5.1. Saudi Arabia Rust Remover Market Forecast (2018-2023)

10.2.5.2. UAE Rust Remover Market Forecast (2018-2023)

10.2.5.3. Egypt Rust Remover Market Forecast (2018-2023)

10.2.5.4. Nigeria Rust Remover Market Forecast (2018-2023)

10.2.5.5. South Africa Rust Remover Market Forecast (2018-2023)

10.2.5.6. Rest of MEA Rust Remover Market Forecast (2018-2023)

10.3.    Rust Remover Market Forecast by Product Type (2018-2023)

10.3.1.      Global Rust Remover Sales Forecast by Product Type (2018-2023)

10.3.2.      Global Rust Remover Sales Market Share Forecast by Product Type (2018-2023)

10.4.    Rust Remover Market Forecast by End User (2018-2023)

10.4.1.      Global Rust Remover Sales Forecast by End User (2018-2023)

10.4.2.      Global Rust Remover Sales Market Share Forecast by End User (2018-2023)


List of Tables

*You can glance through the list of Tables and Figures when you view the sample copy of Rust Remover 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

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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