Published On : January 2018 Pages : 100 Category: Biotechnology Report Code : HC01509
Industry Outlook and Trend Analysis
The global Transdermal Drug Delivery Systems market was worth USD 29.45 billion in 2017 and is expected to reach approximately USD 67.61 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 9.67% during the forecast period. Transdermal drug delivery systems are a substitution to oral subcutaneous, intravascular, and transmucosal courses, wherein the medications are given through the skin for therapeutic use. Ascend in aged populace and upsurge in number of patients experiencing incessant scatters are foreseen to drive the market development. In addition, rising implementation of third-generation transdermal drug delivery systems, for example, iontophoresis, supports the market development. Nonetheless, inconveniences of these delivery systems, for example, irritation at the site of usage and edema, are anticipated to obstruct the market development.
Drivers and Restraints
Upsurge in the frequency of disorders, for example, Parkinson's disease, and increment in aged populace have prompted high adoption of transdermaldrug delivery systems. Moreover, advent of innovative treatment procedures, for example, third-generation transdermal drug delivery systems (microneedles), has additionally prompted the market growth. The market has encountered improvement of new adhesives, penetration enhancers, and molecular absorption enhancers that are foreseen to upgrade skin porousness, bringing about development of the scope of medications that are required to be given through transdermal course.
Market Segmentation
The global transdermal drug delivery systems market is fragmented based on type of delivery system and application. On the basis of type, it is grouped into active and passive delivery systems. The passive delivery systems are additionally divided into reservoir system and matrix system. Active delivery systems are sorted into structure based, electrical based and others. By application, it is separated into hormone replacement therapy, motion sickness, smoking cessation, analgesics, cardiovascular disorders, and others.
Regional Outlook and Trend Analysis
Asia-Pacific offers lucrative opportunities for the market development, attributable to existence of vast pool of patients experiencing chronic disorders, for example, hypertension. As indicated by a CADI Research Foundation, hypertension is the most common ailment in India. It is apparent from the way that the quantity of individuals with hypertension is anticipated to increment to 214 million out of 2027 from 118 million in 2000. Thus, high occurrence of cardiovascular disorders, for example, hypertension, makes it a lucrative business sector for transdermal drug delivery systems.
Competitive Insights
The leading players in the market are Endo International plc, GlaxoSmithKline, Boehringer Ingelheim, Novartis, Bristol-Myers Squibb, Endo International plc, Echo Therapeutics Inc, Acrux and Mylan.
The Transdermal Drug Delivery Systems market is segmented as follows-
By Type:
By Application:
By Region
Some of the key questions answered by the report are:
Market Classification
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 Prevalence of Chronic Disorders
3.2.1.2. Rise in Adoption of Third-Generation Delivery Systems
3.2.2. Restraints
3.2.2.1. Side-effects of the systems
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Transdermal Drug Delivery Systems Market, By Type of Delivery System
4.1. Introduction
4.2. Global Transdermal Drug Delivery Systems Sales, Revenue and Market Share by Type of Delivery System (2017-2017)
4.2.1. Global Transdermal Drug Delivery Systems Sales and Sales Share by Type of Delivery System (2017-2017)
4.2.2. Global Transdermal Drug Delivery Systems Revenue and Revenue Share by Type of Delivery System (2017-2017)
4.3. Transdermal Drug Delivery Systems Market Assessment and Forecast, By Type of Delivery System, 2017-2023
4.4. Passive
4.4.1. Market Assessment and Forecast, By Type, 2017-2023($Million)
4.4.2. Market Assessment and Forecast, By Region, 2017-2023($Million)
4.4.3. Matrix System
4.4.3.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
4.4.4. Reservoir System
4.4.4.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
4.5. Active
4.5.1. Market Assessment and Forecast, By Type, 2017-2023($Million)
4.5.2. Market Assessment and Forecast, By Region, 2017-2023($Million)
4.5.3. Structure Based
4.5.3.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
4.5.4. Electrical Based
4.5.4.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
4.6. Other Types of Delivery System
4.6.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
5. Transdermal Drug Delivery Systems Market, By Application
5.1. Introduction
5.2. Global Transdermal Drug Delivery Systems Sales, Revenue and Market Share by Application (2017-2017)
5.2.1. Global Transdermal Drug Delivery Systems Sales and Sales Share by Application (2017-2017)
5.2.2. Global Transdermal Drug Delivery Systems Revenue and Revenue Share by Application (2017-2017)
5.3. The Transdermal Drug Delivery Systems Market Assessment and Forecast, By Application, 2017-2023
5.4. Analgesics
5.4.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
5.5. Hormone Replacement Therapy
5.5.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
5.6. Cardiovascular Disorders
5.6.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
5.7. Motion Sickness
5.7.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
5.8. Smoking Cessation
5.8.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
5.9. Other Applications
5.9.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
6. Transdermal Drug Delivery Systems Market, By Region
6.1. Introduction
6.2. Transdermal Drug Delivery Systems Market Assessment and Forecast, By Region, 2017-2023 ($Million)
6.3. Global Transdermal Drug Delivery Systems Sales, Revenue and Market Share by Regions
6.3.1. Global Transdermal Drug Delivery Systems Sales by Regions (2017-2017)
6.3.2. Global Transdermal Drug Delivery Systems Revenue by Regions (2017-2017)
6.4. North America
6.4.1. North America Transdermal Drug Delivery Systems Sales and Growth Rate (2017-2017)
6.4.2. Market Assessment and Forecast, By Country, 2017-2023($Million)
6.4.3. Market Assessment and Forecast, By Type of Delivery System, 2017-2023($Million)
6.4.4. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.4.5. U.S.
6.4.5.1. Market Assessment and Forecast, By Type of Delivery System, 2017-2023($Million)
6.4.5.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.4.6. Canada
6.4.6.1. Market Assessment and Forecast, By Type of Delivery System, 2017-2023($Million)
6.4.6.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.4.7. Mexico
6.4.7.1. Market Assessment and Forecast, By Type of Delivery System, 2017-2023($Million)
6.4.7.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5. Europe
6.5.1. Europe Transdermal Drug Delivery Systems Sales and Growth Rate (2017-2017)
6.5.2. Market Assessment and Forecast, By Country, 2017-2023($Million)
6.5.3. Market Assessment and Forecast, By Type of Delivery System, 2017-2023($Million)
6.5.4. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5.5. Germany
6.5.5.1. Market Assessment and Forecast, By Type of Delivery System, 2017-2023($Million)
6.5.5.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5.6. France
6.5.6.1. Market Assessment and Forecast, By Type of Delivery System, 2017-2023($Million)
6.5.6.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5.7. UK
6.5.7.1. Market Assessment and Forecast, By Type of Delivery System, 2017-2023($Million)
6.5.7.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5.8. Italy
6.5.8.1. Market Assessment and Forecast, By Type of Delivery System, 2017-2023($Million)
6.5.8.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5.9. Spain
6.5.9.1. Market Assessment and Forecast, By Type of Delivery System, 2017-2023($Million)
6.5.9.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.5.10. Rest of Europe
6.5.10.1. Market Assessment and Forecast, By Type of Delivery System, 2017-2023($Million)
6.5.10.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6. Asia-Pacific
6.6.1. Asia-Pacific Transdermal Drug Delivery Systems Sales and Growth Rate (2017-2017)
6.6.2. Market Assessment and Forecast, By Country, 2017-2023($Million)
6.6.3. Market Assessment and Forecast, By Type of Delivery System, 2017-2023($Million)
6.6.4. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6.5. Japan
6.6.5.1. Market Assessment and Forecast, By Type of Delivery System, 2017-2023($Million)
6.6.5.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6.6. China
6.6.6.1. Market Assessment and Forecast, By Type of Delivery System, 2017-2023($Million)
6.6.6.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6.7. Australia
6.6.7.1. Market Assessment and Forecast, By Type of Delivery System, 2017-2023($Million)
6.6.7.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6.8. India
6.6.8.1. Market Assessment and Forecast, By Type of Delivery System, 2017-2023($Million)
6.6.8.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6.9. South Korea
6.6.9.1. Market Assessment and Forecast, By Type of Delivery System, 2017-2023($Million)
6.6.9.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.6.10. Rest of Asia-Pacific
6.6.10.1. Market Assessment and Forecast, By Type of Delivery System, 2017-2023($Million)
6.6.10.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7. Rest of the World
6.7.1. Rest of the World Transdermal Drug Delivery Systems Sales and Growth Rate (2017-2017)
6.7.2. Market Assessment and Forecast, By Country, 2017-2023($Million)
6.7.3. Market Assessment and Forecast, By Type of Delivery System, 2017-2023($Million)
6.7.4. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7.5. Brazil
6.7.5.1. Market Assessment and Forecast, By Type of Delivery System, 2017-2023($Million)
6.7.5.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7.6. Turkey
6.7.6.1. Market Assessment and Forecast, By Type of Delivery System, 2017-2023($Million)
6.7.6.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7.7. Saudi Arabia
6.7.7.1. Market Assessment and Forecast, By Type of Delivery System, 2017-2023($Million)
6.7.7.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7.8. South Africa
6.7.8.1. Market Assessment and Forecast, By Type of Delivery System, 2017-2023($Million)
6.7.8.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7.9. United Arab Emirates
6.7.9.1. Market Assessment and Forecast, By Type of Delivery System, 2017-2023($Million)
6.7.9.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
6.7.10. Others
6.7.10.1. Market Assessment and Forecast, By Type of Delivery System, 2017-2023($Million)
6.7.10.2. Market Assessment and Forecast, By Application, 2017-2023($Million)
7. Company Profiles
7.1. ACRUX LIMITED
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Strategic Developments
7.1.4. Transdermal Drug Delivery Systems Sales, Revenue and Market Share
7.2. BAYER AG
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Strategic Developments
7.2.4. Transdermal Drug Delivery Systems Sales, Revenue and Market Share
7.3. BOEHRINGER INGELHEIM GMBH
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Strategic Developments
7.3.4. Transdermal Drug Delivery Systems Sales, Revenue and Market Share
7.4. BRISTOL-MYERS SQUIBB COMPANY
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Strategic Developments
7.4.4. Transdermal Drug Delivery Systems Sales, Revenue and Market Share
7.5. ECHO THERAPEUTICS, INC.
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Strategic Developments
7.5.4. Transdermal Drug Delivery Systems Sales, Revenue and Market Share
7.6. ENDO PHARMACEUTICALS INC.
7.6.1. Business Overview
7.6.2. Product Portfolio
7.6.3. Strategic Developments
7.6.4. Transdermal Drug Delivery Systems Sales, Revenue and Market Share
7.7. GLAXOSMITHKLINE PLC
7.7.1. Business Overview
7.7.2. Product Portfolio
7.7.3. Strategic Developments
7.7.4. Transdermal Drug Delivery Systems Sales, Revenue and Market Share
7.8. JOHNSON & JOHNSON
7.8.1. Business Overview
7.8.2. Product Portfolio
7.8.3. Strategic Developments
7.8.4. Transdermal Drug Delivery Systems Sales, Revenue and Market Share
7.9. MYLAN N.V.
7.9.1. Business Overview
7.9.2. Product Portfolio
7.9.3. Strategic Developments
7.9.4. Transdermal Drug Delivery Systems Sales, Revenue and Market Share
7.10. NOVARTIS AG
7.10.1. Business Overview
7.10.2. Product Portfolio
7.10.3. Strategic Developments
7.10.4. Transdermal Drug Delivery Systems Sales, Revenue and Market Share
8. Global Transdermal Drug Delivery Systems Market Competition, by Manufacturer
8.1. Global Transdermal Drug Delivery Systems Sales and Market Share by Manufacturer (2017-2017)
8.2. Global Transdermal Drug Delivery Systems Revenue and Market Share by Manufacturer (2017-2017)
8.3. Top 5 Transdermal Drug Delivery Systems Manufacturer Market Share
8.4. Market Competition Trend
List of Tables
Table: Global Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: Global Transdermal Drug Delivery Systems Sales and Sales Share by Type of Delivery System (2017-2017)
Table: Global Transdermal Drug Delivery Systems Revenue and Revenue Share by Type of Delivery System (2017-2017)
Table: Passive Market, By Type, 2017-2023($Million)
Table: Passive Market, By Region, 2017-2023($Million)
Table: Matrix System Market, By Region, 2017-2023($Million)
Table: Reservoir System Market, By Region, 2017-2023($Million)
Table: Active Market, By Type, 2017-2023($Million)
Table: Active Market, By Region, 2017-2023($Million)
Table: Structure Based Market, By Region, 2017-2023($Million)
Table: Electrical Based Market, By Region, 2017-2023($Million)
Table: Other Types of Delivery Systems Market, By Region, 2017-2023($Million)
Table: Global Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: Global Transdermal Drug Delivery Systems Sales and Sales Share by Application (2017-2017)
Table: Global Transdermal Drug Delivery Systems Revenue and Revenue Share by Application (2017-2017)
Table: Analgesics Market, By Region, 2017-2023($Million)
Table: Hormone Replacement Therapy Market, By Region, 2017-2023($Million)
Table: Cardiovascular Disorders Market, By Region, 2017-2023($Million)
Table: Motion Sickness Market, By Region, 2017-2023($Million)
Table: Smoking Cessation Market, By Region, 2017-2023($Million)
Table: Other Applications Market, By Region, 2017-2023($Million)
Table: Global Transdermal Drug Delivery Systems Sales, Revenue and Market Share by Regions
Table: North America Transdermal Drug Delivery Systems Sales and Growth Rate (2017-2017)
Table: North America Transdermal Drug Delivery Systems Market, By Country, 2017-2023($Million)
Table: North America Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: North America Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: U.S. Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: U.S. Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: Canada Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: Canada Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: Mexico Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: Mexico Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: Europe Transdermal Drug Delivery Systems Sales and Growth Rate (2017-2017)
Table: Europe Transdermal Drug Delivery Systems Market, By Country, 2017-2023($Million)
Table: Europe Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: Europe Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: Germany Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: Germany Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: France Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: France Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: UK Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: UK Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: Italy Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: Italy Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: Spain Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: Spain Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: Rest of Europe Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: Rest of Europe Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: Asia-Pacific Transdermal Drug Delivery Systems Sales and Growth Rate (2017-2017)
Table: Asia-Pacific Transdermal Drug Delivery Systems Market, By Country, 2017-2023($Million)
Table: Asia-Pacific Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: Asia-Pacific Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: Japan Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: Japan Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: China Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: China Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: Australia Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: Australia Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: India Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: India Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: South Korea Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: South Korea Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: Rest of Asia-Pacific Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: Rest of Asia-Pacific Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: Rest of the World Transdermal Drug Delivery Systems Sales and Growth Rate (2017-2017)
Table: Rest of the World Transdermal Drug Delivery Systems Market, By Country, 2017-2023($Million)
Table: Rest of the World Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: Rest of the World Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: Brazil Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: Brazil Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: Turkey Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: Turkey Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: Saudi Arabia Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: Saudi Arabia Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: South Africa Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: South Africa Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: United Arab Emirates Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: United Arab Emirates Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: Others Transdermal Drug Delivery Systems Market, By Type of Delivery System, 2017-2023($Million)
Table: Others Transdermal Drug Delivery Systems Market, By Application, 2017-2023($Million)
Table: ACRUX LIMITED: Key Strategic Developments, 2017-2017
Table: BAYER AG: Key Strategic Developments, 2017-2017
Table: BOEHRINGER INGELHEIM GMBH: Key Strategic Developments, 2017-2017
Table: BRISTOL-MYERS SQUIBB COMPANY: Key Strategic Developments, 2017-2017
Table: ECHO THERAPEUTICS, INC.: Key Strategic Developments, 2017-2017
Table: ENDO PHARMACEUTICALS INC.: Key Strategic Developments, 2017-2017
Table: GLAXOSMITHKLINE PLC: Key Strategic Developments, 2017-2017
Table: JOHNSON & JOHNSON: Key Strategic Developments, 2017-2017
Table: MYLAN N.V.: Key Strategic Developments, 2017-2017
Table: NOVARTIS AG: Key Strategic Developments, 2017-2017
List of Figures
Figure: Global Transdermal Drug Delivery Systems Market Share, By Type of Delivery System, 2017 & 2023
Figure: Global Transdermal Drug Delivery Systems Market, By Application, 2017 & 2023 ($Million)
Figure: Global Transdermal Drug Delivery Systems Market, By Region, 2017 & 2023 ($Million)
Figure: Global Transdermal Drug Delivery Systems Sales and Sales Share by Type of Delivery System (2017-2017)
Figure: Global Transdermal Drug Delivery Systems Revenue and Revenue Share by Type of Delivery System (2017-2017)
Figure: Global Transdermal Drug Delivery Systems Sales and Sales Share by Application (2017-2017)
Figure: Global Transdermal Drug Delivery Systems Revenue and Revenue Share by Application (2017-2017)
Figure: North America Transdermal Drug Delivery Systems Sales and Growth Rate (2017-2017)
Figure: Europe Transdermal Drug Delivery Systems Sales and Growth Rate (2017-2017)
Figure: Asia-Pacific Transdermal Drug Delivery Systems Sales and Growth Rate (2017-2017)
Figure: Rest of the World Transdermal Drug Delivery Systems Sales and Growth Rate (2017-2017)
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
Data Collection Matrix |
Supply Side |
Demand Side |
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.
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
Qualitative Data |
Quantitative Data (2017-2025) |
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