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Geriatric Care Services Market By Product - Global Industry Analysis And Forecast To 2022
Published On : November 2017 Pages : 93 Category: Medical Devices Report Code : HC11316
SEGMENTS & REGIONS:
- Regions: North America, Europe, Asia- Pacific, Latin America, Middle East & Africa
Industry Trend Analysis
The global geriatric care service market was evaluated around USD billion in the 2017 and is expected to reach approximately USD billion by the end of 2022 while registering itself at a compound annual growth rate (CAGR) of % over the forecast period. The United States population is aging at a rapid pace. Based on the data released in 2017 by the United Nations, it has been anticipated that by 2022, around % population would be more than the age of 60 years. The existence of a variety of long-term care services suppliers along with encouraging reimbursement schemes are few factors anticipated to fuel the expansion of the geriatric care services industry. Moreover, escalating older population who are inclined towards different medical conditions like orthopedic, neurological, respiratory & cardiovascular disorders along with rising technological innovations like the progress of specialty robots are skilled of supporting aged in executing everyday operations are anticipated to fuel the growth of geriatric care services industry.
Product Outlook and Trend Analysis
Adult day care, institutional care, and home care services are the major product sections of geriatric care services industry. Home care services involve nonmedical home health care services and home care services. Adult day care services are branched further into non-medical healthcare and healthcare services. Institutional care services involve hospital-based services, nursing homes, independent senior living and assisted living. Institutional care services industry reported for almost % of the revenue. Though, home care services industry is anticipated to experience lucrative expansion during the forecast years. Rising demand for home care services amongst older people, the occurrence of chronic illnesses, patients recovering from surgical procedure is expected to enhance market growth over the forecast years. Furthermore, advantages linked with home care services like independent caretaking, the wish to live at home, and generally fewer care services spending are further anticipated to reinforce the growth of market positively. Poorer availability of other options like residential living, hospice, assisted living, etc. particularly in developing countries is estimated to restrain customer preferences.
Regional Outlook and Trend Analysis
In 2017, North America regional market dominated the global market concerning revenue share, at around %. Major factors assigning to its huge share involve the stable improvement of reimbursement schemes along with the existence of an extensive range of long-term care centers all over the United States and Europe owing to the existence of a huge geriatric population, particularly in the Western areas is anticipated to trail North America region during the projected period. Though, Asia Pacific regional market is expected to be the highest growing one during the forecast years. Altering family structure in various nations particularly China is likely to amplify the requirement for external care supplier, thus, fueling the growth of the market. Furthermore, rising aged population with enduring medical conditions, increasing disposable earnings and growing awareness about these medical facilities are some factors assigning to the rapid growth of the region. A rising geriatric care services centers and encouraging initiatives by the government in these segments like the provision of approachable & inexpensive social care centers to the older populations are anticipated to boost market infiltration rates during the projected period.
Competitive Outlook and Trend Analysis
The Key market players in the global geriatric care services market are; Kindred Healthcare Inc., Brookdale Senior Living, Senior Care Centers of America, Genesis Healthcare Corp. and Extendicare, Inc. The global market is split in nature and is directed towards the consolidation. Mergers and acquisitions are a major sustainability approach implemented by market players. Some important examples are the merger between Kindred Healthcare, Inc. and Gentiva Health Services, Inc., Genesis Healthcare and Skilled Healthcare Group, Inc., Brookdale Senior Living’s and Emeritus Corporation, and Senior Care Center of America and The Adult Day Health Services Center of Family Matters, LLC.
The global geriatric care services market is segmented as follows –
By Product
- Home Care Services
- Health Care
- Medical Care
- Physiotherapy Services
- Telehealth
- Palliative Care
- Hospice Care
- Non-Medical Home Care
- Personal Care
- Home Making
- Meals And Grocery
- Rehabilitation
- Others
- Health Care
- Adult Care Services
- Health Care
- Non-Medical Care
- Institutional Care Services
- Nursing Homes
- Palliative Care
- Hospice Care
- Hospital Based
- Assisted Living
- Independent Senior Living
- Nursing Homes
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 2017 and forecast from 2017 to 2022?
· What will be the industry market growth from 2017 to 2022?
· 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?
- Geriatric Care Services Market, By Product, Estimates and Forecast, 2012-2022 ($Million)
- Home Care Services
- Health Care
- Medical Care
- Physiotherapy Services
- Telehealth
- Palliative Care
- Hospice Care
- Non-Medical Home Care
- Personal Care
- Home Making
- Meals And Grocery
- Rehabilitation
- Other Non-Medical Home Cares
- Health Care
- Adult Care Services
- Health Care
- Non-Medical Care
- Institutional Care Services
- Nursing Homes
- Palliative Care
- Hospice Care
- Hospital Based
- Assisted Living
- Independent Senior Living
- Nursing Homes
- Home Care Services
- Geriatric Care Services Market, By Region, Estimates and Forecast, 2012-2022 ($Million)
- North America
- North America Geriatric Care Services Market, By Country
- North America Geriatric Care Services Market, By Product
- U.S. Geriatric Care Services Market, By Product
- Canada Geriatric Care Services Market, By Product
- Mexico Geriatric Care Services Market, By Product
-
- Europe
- Europe Geriatric Care Services Market, By Country
- Europe Geriatric Care Services Market, By Product
- Germany Geriatric Care Services Market, By Product
- France Geriatric Care Services Market, By Product
- UK Geriatric Care Services Market, By Product
- Italy Geriatric Care Services Market, By Product
- Spain Geriatric Care Services Market, By Product
- Rest of Europe Geriatric Care Services Market, By Product
- Asia-Pacific
- Asia-Pacific Geriatric Care Services Market, By Country
- Asia-Pacific Geriatric Care Services Market, By Product
- Japan Geriatric Care Services Market, By Product
- China Geriatric Care Services Market, By Product
- Australia Geriatric Care Services Market, By Product
- India Geriatric Care Services Market, By Product
- South Korea Geriatric Care Services Market, By Product
- Rest of Asia-Pacific Geriatric Care Services Market, By Product
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- Rest of the World
- Rest of the World Geriatric Care Services Market, By Country
- Rest of the World Geriatric Care Services Market, By Product
- Brazil Geriatric Care Services Market, By Product
- South Africa Geriatric Care Services Market, By Product
- Saudi Arabia Geriatric Care Services Market, By Product
- Turkey Geriatric Care Services Market, By Product
- United Arab Emirates Geriatric Care Services Market, By Product
- Others Geriatric Care Services Market, By Product
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
3.2.1.1. Striking reimbursement scene
3.2.1.2. Growing aging population
3.2.2. Restraints
3.2.2.1. Absence of geriatric services in developing markets
3.2.3. Opportunities
3.2.3.1. Development of Advanced Geriatric Care Service Capabilities
4. Geriatric Care Services Market, By Product
4.1. Introduction
4.2. Geriatric Care Services Market Assessment and Forecast, By Product, 2012-2022
4.3. Home Care Services
4.3.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
4.3.2. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.3.3. Health Care
4.3.3.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
4.3.3.2. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.3.3.3. Medical Care
4.3.3.3.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.3.3.4. Physiotherapy Services
4.3.3.4.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.3.3.5. Telehealth
4.3.3.5.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.3.3.6. Palliative Care
4.3.3.6.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.3.3.7. Hospice Care
4.3.3.7.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.3.4. Non-Medical Home Care
4.3.4.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
4.3.4.2. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.3.4.3. Personal Care
4.3.4.3.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.3.4.4. Home Making
4.3.4.4.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.3.4.5. Meals And Grocery
4.3.4.5.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.3.4.6. Rehabilitation
4.3.4.6.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.3.4.7. Other Non-Medical Home Cares
4.3.4.7.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.3.4.8. Heart Rate Sensors
4.3.4.8.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.3.4.9. Hall Effect Sensors
4.3.4.9.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.4. Adult Care Services
4.4.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
4.4.2. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.4.3. Health Care
4.4.3.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.4.4. Non-Medical Care
4.4.4.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.5. Institutional Care Services
4.5.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
4.5.2. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.5.3. Nursing Homes
4.5.3.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
4.5.3.2. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.5.3.3. Palliative Care
4.5.3.3.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.5.3.4. Hospice Care
4.5.3.4.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.5.4. Hospital Based
4.5.4.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.5.5. Assisted Living
4.5.5.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.5.6. Independent Senior Living
4.5.6.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5. Geriatric Care Services Market, By Region
5.1. Introduction
5.2. Geriatric Care Services Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5.3. North America
5.3.1. Market Assessment and Forecast, By Country, 2012-2022 ($Million)
5.3.2. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.3.2.1. U.S.
5.3.2.1.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.3.2.2. Canada
5.3.2.2.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.3.2.3. Mexico
5.3.2.3.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.4. Europe
5.4.1. Market Assessment and Forecast, By Country, 2012-2022 ($Million)
5.4.2. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.4.2.1. Germany
5.4.2.1.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.4.2.2. France
5.4.2.2.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.4.2.3. UK
5.4.2.3.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.4.2.4. Italy
5.4.2.4.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.4.2.5. Spain
5.4.2.5.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.4.2.6. Rest of Europe
5.4.2.6.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.5. Asia-Pacific
5.5.1. Market Assessment and Forecast, By Country, 2012-2022 ($Million)
5.5.2. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.5.2.1. Japan
5.5.2.1.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.5.2.2. China
5.5.2.2.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.5.2.3. Australia
5.5.2.3.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.5.2.4. India
5.5.2.4.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.5.2.5. South Korea
5.5.2.5.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.5.2.6. Rest of Asia-Pacific
5.5.2.6.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.6. Rest of the World
5.6.1. Market Assessment and Forecast, By Country, 2012-2022 ($Million)
5.6.2. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.6.2.1. Brazil
5.6.2.1.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.6.2.2. Turkey
5.6.2.2.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.6.2.3. Saudi Arabia
5.6.2.3.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.6.2.4. South Africa
5.6.2.4.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.6.2.5. United Arab Emirates
5.6.2.5.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
5.6.2.6. Others
5.6.2.6.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6. Company Profiles
6.1. Extendicare Inc.
6.1.1. Business Overview
6.1.2. Product Portfolio
6.1.3. Key Financials
6.1.4. Strategic Developments
6.2. Gentiva Health services, Inc.
6.2.1. Business Overview
6.2.2. Product Portfolio
6.2.3. Key Financials
6.2.4. Strategic Developments
6.3. Brookdale Senior Living Inc.
6.3.1. Business Overview
6.3.2. Product Portfolio
6.3.3. Key Financials
6.3.4. Strategic Developments
6.4. Kindred Healthcare Inc.
6.4.1. Business Overview
6.4.2. Product Portfolio
6.4.3. Key Financials
6.4.4. Strategic Developments
6.5. Sunrise Senior Living Inc.
6.5.1. Business Overview
6.5.2. Product Portfolio
6.5.3. Key Financials
6.5.4. Strategic Developments
6.6. Senior Care Centers of America
6.6.1. Business Overview
6.6.2. Product Portfolio
6.6.3. Strategic Developments
6.7. Genesis Healthcare Corp.
6.7.1. Business Overview
6.7.2. Product Portfolio
6.7.3. Key Financials
6.7.4. Strategic Developments
6.8. GGNSC Holdings, LLC
6.8.1. Business Overview
6.8.2. Product Portfolio
6.8.3. Strategic Developments
6.9. Home Instead Senior Care Inc.
6.9.1. Business Overview
6.9.2. Product Portfolio
6.9.3. Key Financials
Strategic Developments
List of Tables
Table 1.Geriatric Care Services Market, By Product ($Million), 2012-2022
Table 2.Home Care Services Market, By Region ($Million), 2012-2022
Table 3.Health Care Market, By Region ($Million), 2012-2022
Table 4.Medical Care Market, By Region ($Million), 2012-2022
Table 5.Physiotherapy Services Market, By Region ($Million), 2012-2022
Table 6.Telehealth Market, By Region ($Million), 2012-2022
Table 7.Palliative Care Market, By Region ($Million), 2012-2022
Table 8.Hospice Care Market, By Region ($Million), 2012-2022
Table 9.Non-Medical Home Care Market, By Region ($Million), 2012-2022
Table 10.Personal Care Market, By Region ($Million), 2012-2022
Table 11.Home Making Market, By Region ($Million), 2012-2022
Table 12.Meals snd Grocery Market, By Region ($Million), 2012-2022
Table 13.Rehabilitation Market, By Region ($Million), 2012-2022
Table 14.Other Non-Medical Home Cares Market, By Region ($Million), 2012-2022
Table 15.Adult Care Services Market, By Region ($Million), 2012-2022
Table 16.Health Care Market, By Region ($Million), 2012-2022
Table 17.Non-Medical Care Market, By Region ($Million), 2012-2022
Table 18.Institutional Care Services Market, By Region ($Million), 2012-2022
Table 19.Nursing Homes Market, By Region ($Million), 2012-2022
Table 21.Palliative Care Market, By Region ($Million), 2012-2022
Table 22.Hospice Care Market, By Region ($Million), 2012-2022
Table 23.Hospital Based Market, By Region ($Million), 2012-2022
Table 24.Assisted Living Market, By Region ($Million), 2012-2022
Table 25.Independent Senior Living Market, By Region ($Million), 2012-2022
Table 26.Geriatric Care Services Market, By Region ($Million), 2012-2022
Table 27.North America Geriatric Care Services Market, By Country, 2012-2022 ($Million)
Table 28.North America Geriatric Care Services Market, By Product, 2012-2022 ($Million)
Table 29.U.S. Geriatric Care Services Market, By Product, 2012-2022 ($Million)
Table 30.Canada Geriatric Care Services Market, By Product, 2012-2022 ($Million)
Table 31.Mexico Geriatric Care Services Market, By Product, 2012-2022 ($Million)
Table 32.Europe Geriatric Care Services Market, By Country, 2012-2022 ($Million)
Table 33.Europe Geriatric Care Services Market, By Product, 2012-2022 ($Million)
Table 34.Germany Geriatric Care Services Market, By Product, 2012-2022 ($Million)
Table 35.France Geriatric Care Services Market, By Product, 2012-2022 ($Million)
Table 36.UK Geriatric Care Services Market, By Product, 2012-2022 ($Million)
Table 37.Italy Geriatric Care Services Market, By Product, 2012-2022 ($Million)
Table 38.Spain Geriatric Care Services Market, By Product, 2012-2022 ($Million)
Table 39.Rest of Europe Geriatric Care Services Market, By Product, 2012-2022 ($Million)
Table 40.Asia-Pacific Geriatric Care Services Market, By Country, 2012-2022 ($Million)
Table 41.Asia-Pacific Geriatric Care Services Market, By Product, 2012-2022 ($Million)
Table 42.Japan Geriatric Care Services Market, By Product, 2012-2022 ($Million)
Table 43.China Geriatric Care Services Market, By Product, 2012-2022 ($Million)
Table 44.Australia Geriatric Care Services Market, By Product, 2012-2022 ($Million)
Table 45.India Geriatric Care Services Market, By Product, 2012-2022 ($Million)
Table 46.South Korea Geriatric Care Services Market, By Product, 2012-2022 ($Million)
Table 47.Rest of Asia-Pacific Geriatric Care Services Market, By Product, 2012-2022 ($Million)
Table 48.Rest of the World Geriatric Care Services Market, By Country, 2012-2022 ($Million)
Table 49.Rest of the World Geriatric Care Services Market, By Product, 2012-2022 ($Million)
Table 50.Brazil Geriatric Care Services Market, By Product, 2012-2022 ($Million)
Table 51.Turkey Geriatric Care Services Market, By Product, 2012-2022 ($Million)
Table 52.Saudi Arabia Geriatric Care Services Market, By Product, 2012-2022 ($Million)
Table 53.South Africa Geriatric Care Services Market, By Product, 2012-2022 ($Million)
Table 54.United Arab Emirates Geriatric Care Services Market, By Product, 2012-2022 ($Million)
Table 55.Others Geriatric Care Services Market, By Product, 2012-2022 ($Million)
Table 56.Extendicare Inc.: Key Strategic Developments, 2017-2017
Table 57.Gentiva Health services, Inc.: Key Strategic Developments, 2017-2017
Table 58.Brookdale Senior Living Inc.: Key Strategic Developments, 2017-2017
Table 59.Kindred Healthcare Inc.: Key Strategic Developments, 2017-2017
Table 60.Sunrise Senior Living Inc.: Key Strategic Developments, 2017-2017
Table 61.Senior Care Centers of America: Key Strategic Developments, 2017-2017
Table 62.Genesis Healthcare Corp.: Key Strategic Developments, 2017-2017
Table 63.GGNSC Holdings, LLC: Key Strategic Developments, 2017-2017
Table 64. Home Instead Senior Care Inc.: Key Strategic Developments, 2017-2017
List of Figures
Figure 1.Geriatric Care Services Market Share, By Product, 2012 & 2022 ($Million)
Figure 4.Geriatric Care Services Market, By Region, 2017, ($Million)
Figure 5.Extendicare Inc.: Net Revenues, 2017-2017 ($Million)
Figure 6.Extendicare Inc.: Net Revenue Share, By Segment, 2017
Figure 7.Extendicare Inc.: Net Revenue Share, By Geography, 2017
Figure 8.Gentiva Health services, Inc.: Net Revenues, 2017-2017 ($Million)
Figure 9.Gentiva Health services, Inc.: Net Revenue Share, By Segment, 2017
Figure 10.Gentiva Health services, Inc.: Net Revenue Share, By Geography, 2017
Figure 11.Sunrise Senior Living Inc.: Net Revenues, 2017-2017 ($Million)
Figure 12.Sunrise Senior Living Inc.: Net Revenue Share, By Segment, 2017
Figure 13.Sunrise Senior Living Inc.: Net Revenue Share, By Geography, 2017
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 |
Supply Side |
Demand Side |
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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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