Published On : March 2018 Pages : 100 Category: Biotechnology Report Code : HC03668
Industry Outlook and Trend Analysis
The Veterinary Software Market was worth USD million in 2017 and is expected to reach approximately USD million by 2023, while registering itself at a compound annual growth rate (CAGR) of % during the forecast period. Expanding demand for Practice Management Systems (PMS) from veterinary practitioners is anticipated to fuel the market development. Furthermore, developing awareness about the advantages of usage of programming arrangements is contributing toward the market development. The animal health industry is influenced by increment in friend pet possessions and worry for pet wellbeing. Developing spotlight on proficiency and wellbeing of livestock production is additionally another development propeller for the requirement of veterinary software.
Product Outlook and Trend Analysis
PMS represented the biggest share of the market in 2017 because of developing interest from customers and practical nature of these systems. These systems help specialists to help and record distinctive standard of care conventions, human services proposals, monitor the patient's wellbeing with invoicing and charging, asset administration, inventory tracking, and general administration of treatment techniques. Such advantages of PMS are foreseen to move the fragment development over the gauge time frame.
Delivery Mode Outlook and Trend Analysis
On demand solutions ruled the general business in 2017, inferable from their low cost and far reaching accessibility of these administrations. Nonetheless, the cost of these stages is higher as it incorporates cost of the general framework and hardware & software package. This is anticipated to go about as a limiting variable for the development of on demand services. The cloud/electronic arrangements fragment is expected to develop with lucrative CAGR attributable to its related advantages.
Practice Type Outlook and Trend Analysis
Food-producing animals fragment held the biggest share in 2017, because of higher interest for cost-effective products to keep up domestic animals’ wellbeing. Expanding interest for such products from vet solution makers to control the way toward assembling, maintain information associated with product storage & quality, and monitor activities, for example, pharmacovigilance are contributing toward the strength of this portion.
End User Outlook and Trend Analysis
Hospitals/clinics are the biggest end users of veterinary software solutions. Adoption of these administrations is driven by innovative progressions in pet care and this is foreseen to fill in as a development opportunity. These progressions incorporate the advent of efficient information management systems and pet owner mobile technology.
Regional Outlook and Trend Analysis
The North American market for veterinary software held the biggest income share starting at 2017 and is foreseen to keep up its position all through the estimate time frame. Existence of entrenched organizations, propelled medicinal services IT foundation, and a high spending limit of pet proprietors are in charge of the biggest income share of this fragment.
Competitive Insights
The leading players in the market are Henry Schein, Idexx Laboratories, Patterson Companies, Hippo Manager Software Inc, ClienTrax, VetZ Limited, VIA Information Systems, Onward Technologies limited and Esaote. The business is seeing fierce competition inferable from expanding interest for practice management software. The enrolled development in this segment is a result of undertaking broad extension techniques, geological extensions, new product improvement, mergers and acquisitions, and cooperative research activities.
The Veterinary Software Market is segmented as follows-
By Product:
By Delivery Mode Outlook:
By Practice Type:
By End User:
By Region
Some of the key questions answered by the report are:
Market Classification
· Veterinary Software Market, By Product, Estimates and Forecast, 2014-2023 ($Million)
· Practice Management Software
· Imaging Software
· Veterinary Software Market, By Delivery Mode, Estimates and Forecast, 2014-2023 ($Million)
· On Premise
· Cloud/Web Based
· Veterinary Software Market, By Practice Type, Estimates and Forecast, 2014-2023 ($Million)
· Small Animals
· Mixed Animals
· Equine
· Food Producing Animals
· Other Practice Types
· Veterinary Software Market, By End User, Estimates and Forecast, 2014-2023 ($Million)
· Hospitals/Clinics
· Reference Laboratories
· Veterinary Software Market, By Region, Estimates and Forecast, 2014-2023 ($Million)
o North America
§ North America Veterinary Software Market, By Country
o U.S. Veterinary Software Market
o Canada Veterinary Software Market
o Mexico Veterinary Software Market
o Europe
§ Europe Veterinary Software Market, By Country
o Germany Veterinary Software Market
o UK Veterinary Software Market
o France Veterinary Software Market
o Russia Veterinary Software Market
o Italy Veterinary Software Market
o Rest of Europe Veterinary Software Market
o Asia-Pacific
§ Asia-Pacific Veterinary Software Market, By Country
o China Veterinary Software Market
o Japan Veterinary Software Market
o South Korea Veterinary Software Market
o India Veterinary Software Market
o Southeast Asia Veterinary Software Market
o Rest of Asia-Pacific Veterinary Software Market
o South America
§ South America Veterinary Software Market
o Brazil Veterinary Software Market
o Argentina Veterinary Software Market
o Columbia Veterinary Software Market
o South Africa Veterinary Software Market
o Rest of South America Veterinary Software Market
o Middle East and Africa
§ Middle East and Africa Veterinary Software Market
o Saudi Arabia Veterinary Software Market
o UAE Veterinary Software Market
o Egypt Veterinary Software Market
o Nigeria Veterinary Software Market
o South Africa Veterinary Software Market
o Rest of MEA Veterinary Software 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
3.2.1.1. Increasing Number of Veterinary Practitioners
3.2.1.2. Rising Companion Pet Ownership and Care
3.2.2. Restraints
3.2.2.1. Reluctance Towards Adopting New Technologies
3.2.2.2. Survival of Small Players and New Entrants
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. Veterinary Software Market, By Product
5.1. Introduction
5.2. Global Veterinary Software Sales, Revenue and Market Share by Product (2017-2027)
5.2.1. Global Veterinary Software Sales and Sales Share by Product (2017-2027)
5.2.2. Global Veterinary Software Revenue and Revenue Share by Product (2017-2027)
5.3. Practice Management Software
5.3.1. Global Practice Management Software Sales and Growth Rate (2017-2027)
5.4. Imaging Software
5.4.1. Global Imaging Software Sales and Growth Rate (2017-2027)
6. Veterinary Software Market, By Delivery Mode
6.1. Introduction
6.2. Global Veterinary Software Sales, Revenue and Market Share by Delivery Mode (2017-2027)
6.2.1. Global Veterinary Software Sales and Sales Share by Delivery Mode (2017-2027)
6.2.2. Global Veterinary Software Revenue and Revenue Share by Delivery Mode (2017-2027)
6.3. On Premise
6.3.1. Global On Premise Sales and Growth Rate (2017-2027)
6.4. Cloud/Web Based
6.4.1. Global Cloud/Web Based Sales and Growth Rate (2017-2027)
7. Veterinary Software Market, By Practice Type
7.1. Introduction
7.2. Global Veterinary Software Sales, Revenue and Market Share by Practice Type (2017-2027)
7.2.1. Global Veterinary Software Sales and Sales Share by Practice Type (2017-2027)
7.2.2. Global Veterinary Software Revenue and Revenue Share by Practice Type (2017-2027)
7.3. Small Animals
7.3.1. Global Small Animals Sales and Growth Rate (2017-2027)
7.4. Mixed Animals
7.4.1. Global Mixed Animals Sales and Growth Rate (2017-2027)
7.5. Equine
7.5.1. Global Equine Sales and Growth Rate (2017-2027)
7.6. Food Producing Animals
7.6.1. Global Food Producing Animals Sales and Growth Rate (2017-2027)
8. Veterinary Software Market, By End User
8.1. Introduction
8.2. Global Veterinary Software Sales, Revenue and Market Share by End User (2017-2027)
8.2.1. Global Veterinary Software Sales and Sales Share by End User (2017-2027)
8.2.2. Global Veterinary Software Revenue and Revenue Share by End User (2017-2027)
8.3. Hospitals/Clinics
8.3.1. Global Hospitals/Clinics Sales and Growth Rate (2017-2027)
8.4. Reference Laboratories
8.4.1. Global Reference Laboratories Sales and Growth Rate (2017-2027)
9. Veterinary Software Market, By Region
9.1. Introduction
9.2. Global Veterinary Software Sales, Revenue and Market Share by Regions
9.2.1. Global Veterinary Software Sales by Regions (2017-2027)
9.2.2. Global Veterinary Software Revenue by Regions (2017-2027)
9.3. North America Veterinary Software by Countries
9.3.1. North America Veterinary Software Sales and Growth Rate (2017-2027)
9.3.2. North America Veterinary Software Revenue and Growth Rate (2017-2027)
9.3.3. North America Veterinary Software Sales by Countries (2017-2027)
9.3.4. North America Veterinary Software Revenue (Million USD) by Countries (2017-2027)
9.3.5. U.S.
9.3.5.1. United States Veterinary Software Sales and Growth Rate (2017-2027)
9.3.5.2. United States Veterinary Software Revenue (Millions USD) and Growth Rate (2017-2027)
9.3.6. Canada
9.3.6.1. Canada Veterinary Software Sales and Growth Rate (2017-2027)
9.3.6.2. Canada Veterinary Software Sales (Millions USD) and Growth Rate (2017-2027)
9.3.7. Mexico
9.3.7.1. Mexico Veterinary Software Sales and Growth Rate (2017-2027)
9.3.7.2. Mexico Veterinary Software Revenue (Millions USD) and Growth Rate (2017-2027)
9.4. Europe Veterinary Software by Countries
9.4.1. Europe Veterinary Software Sales and Growth Rate (2017-2027)
9.4.2. Europe Veterinary Software Revenue and Growth Rate (2017-2027)
9.4.3. Europe Veterinary Software Sales by Countries (2017-2027)
9.4.4. Europe Veterinary Software Revenue (Million USD) by Countries (2017-2027)
9.4.5. Germany
9.4.5.1. Germany Veterinary Software Sales and Growth Rate (2017-2027)
9.4.5.2. Germany Veterinary Software Revenue (Millions USD) and Growth Rate (2017-2027)
9.4.6. UK
9.4.6.1. UK Veterinary Software Sales and Growth Rate (2017-2027)
9.4.6.2. UK Veterinary Software Revenue (Millions USD) and Growth Rate (2017-2027)
9.4.7. France
9.4.7.1. France Veterinary Software Sales and Growth Rate (2017-2027)
9.4.7.2. France Veterinary Software Revenue (Millions USD) and Growth Rate (2017-2027)
9.4.8. Russia
9.4.8.1. Russia Veterinary Software Sales and Growth Rate (2017-2027)
9.4.8.2. Russia Veterinary Software Revenue (Millions USD) and Growth Rate (2017-2027)
9.4.9. Italy
9.4.9.1. Italy Veterinary Software Sales and Growth Rate (2017-2027)
9.4.9.2. Italy Veterinary Software Revenue (Millions USD) and Growth Rate (2017-2027)
9.4.10. Rest of Europe
9.4.10.1. Rest of Europe Veterinary Software Sales and Growth Rate (2017-2027)
9.4.10.2. Rest of Europe Veterinary Software Revenue (Millions USD) and Growth Rate (2017-2027)
9.5. Asia-Pacific
9.5.1. Asia-Pacific Veterinary Software Sales and Growth Rate (2017-2027)
9.5.2. Asia-Pacific Veterinary Software Revenue and Growth Rate (2017-2027)
9.5.3. Asia-Pacific Veterinary Software Sales by Countries (2017-2027)
9.5.4. Asia-Pacific Veterinary Software Revenue (Million USD) by Countries (2017-2027)
9.5.5. China
9.5.5.1. China Veterinary Software Sales and Growth Rate (2017-2027)
9.5.5.2. China Veterinary Software Revenue (Millions USD) and Growth Rate (2017-2027)
9.5.6. Japan
9.5.6.1. Japan Veterinary Software Sales and Growth Rate (2017-2027)
9.5.6.2. Japan Veterinary Software Revenue (Millions USD) and Growth Rate (2017-2027)
9.5.6.3.
9.5.7. Korea
9.5.7.1. Korea Veterinary Software Sales and Growth Rate (2017-2027)
9.5.7.2. Korea Veterinary Software Revenue (Millions USD) and Growth Rate (2017-2027)
9.5.8. India
9.5.8.1. India Veterinary Software Sales and Growth Rate (2017-2027)
9.5.8.2. India Veterinary Software Revenue (Millions USD) and Growth Rate (2017-2027)
9.5.9. Southeast Asia
9.5.9.1. Southeast Asia Veterinary Software Sales and Growth Rate (2017-2027)
9.5.9.2. Southeast Asia Veterinary Software Revenue (Millions USD) and Growth Rate (2017-2027)
9.5.10. Rest of Asia-Pacific
9.5.10.1. Rest of Asia-Pacific Veterinary Software Sales and Growth Rate (2017-2027)
9.5.10.2. Rest of Asia-Pacific Veterinary Software Revenue (Millions USD) and Growth Rate (2017-2027)
9.6. South America
9.6.1. South America Veterinary Software Sales and Growth Rate (2017-2027)
9.6.2. South America Veterinary Software Revenue and Growth Rate (2017-2027)
9.6.3. South America Veterinary Software Sales by Countries (2017-2027)
9.6.4. South America Veterinary Software Revenue (Million USD) by Countries (2017-2027)
9.6.5. Brazil
9.6.5.1. Brazil Veterinary Software Sales and Growth Rate (2017-2027)
9.6.5.2. Brazil Veterinary Software Revenue (Millions USD) and Growth Rate (2017-2027)
9.6.6. Argentina
9.6.6.1. Argentina Veterinary Software Sales and Growth Rate (2017-2027)
9.6.6.2. Argentina Veterinary Software Revenue (Millions USD) and Growth Rate (2017-2027)
9.6.7. Columbia
9.6.7.1. Columbia Veterinary Software Sales and Growth Rate (2017-2027)
9.6.7.2. Columbia Veterinary Software Revenue (Millions USD) and Growth Rate (2017-2027)
9.6.8. Rest of South America
9.6.8.1. Rest of South America Veterinary Software Sales and Growth Rate (2017-2027)
9.6.8.2. Rest of South America Veterinary Software Revenue (Millions USD) and Growth Rate (2017-2027)
9.7. Middle East and Africa
9.7.1. Middle East and Africa Veterinary Software Sales and Growth Rate (2017-2027)
9.7.2. Middle East and Africa Veterinary Software Revenue and Growth Rate (2017-2027)
9.7.3. Middle East and Africa Veterinary Software Sales by Countries (2017-2027)
9.7.4. Middle East and Africa Veterinary Software Revenue (Million USD) by Countries (2017-2027)
9.7.5. Saudi Arabia
9.7.5.1. Saudi Arabia Veterinary Software Sales and Growth Rate (2017-2027)
9.7.5.2. Saudi Arabia Veterinary Software Revenue (Millions USD) and Growth Rate (2017-2027)
9.7.6. United Arab Emirates
9.7.6.1. United Arab Emirates Veterinary Software Sales and Growth Rate (2017-2027)
9.7.6.2. United Arab Emirates Veterinary Software Revenue (Millions USD) and Growth Rate (2017-2027)
9.7.7. Egypt
9.7.7.1. Egypt Veterinary Software Sales and Growth Rate (2017-2027)
9.7.7.2. Egypt Veterinary Software Revenue (Millions USD) and Growth Rate (2017-2027)
9.7.8. Nigeria
9.7.8.1. Nigeria Veterinary Software Sales and Growth Rate (2017-2027)
9.7.8.2. Nigeria Veterinary Software Revenue (Millions USD) and Growth Rate (2017-2027)
9.7.9. South Africa
9.7.9.1. South Africa Veterinary Software Sales and Growth Rate (2017-2027)
9.7.9.2. South Africa Veterinary Software Revenue (Millions USD) and Growth Rate (2017-2027)
9.7.10. Rest of Middle East and Africa
9.7.10.1. Rest of Middle East and Africa Veterinary Software Sales and Growth Rate (2017-2027)
9.7.10.2. Rest of Middle East and Africa Veterinary Software Revenue (Millions USD) and Growth Rate (2017-2027)
10. Company Profiles
10.1. IDEXX Laboratories, Inc.
10.1.1. Business Overview
10.1.2. Product Portfolio
10.1.3. Strategic Developments
10.1.4. Sales, Revenue and Market Share
10.2. Hippo Manager Software, Inc.
10.2.1. Business Overview
10.2.2. Product Portfolio
10.2.3. Strategic Developments
10.2.4. Sales, Revenue and Market Share
10.3. VetZ Limited
10.3.1. Business Overview
10.3.2. Product Portfolio
10.3.3. Strategic Developments
10.3.4. Sales, Revenue and Market Share
10.4. Esaote SpA
10.4.1. Business Overview
10.4.2. Product Portfolio
10.4.3. Strategic Developments
10.4.4. Sales, Revenue and Market Share
10.5. Henry Schein, Inc.
10.5.1. Business Overview
10.5.2. Product Portfolio
10.5.3. Strategic Developments
10.5.4. Sales, Revenue and Market Share
10.6. Patterson Companies, Inc.
10.6.1. Business Overview
10.6.2. Product Portfolio
10.6.3. Strategic Developments
10.6.4. Sales, Revenue and Market Share
10.7. ClienTrax
10.7.1. Business Overview
10.7.2. Product Portfolio
10.7.3. Strategic Developments
10.7.4. Sales, Revenue and Market Share
10.8. Onward Systems, Inc.
10.8.1. Business Overview
10.8.2. Product Portfolio
10.8.3. Strategic Developments
10.8.4. Sales, Revenue and Market Share
10.9. VIA Information Systems
10.9.1. Business Overview
10.9.2. Product Portfolio
10.9.3. Strategic Developments
10.9.4. Sales, Revenue and Market Share
11. Global Veterinary Software Market Competition, by Manufacturer
11.1. Global Veterinary Software Sales and Market Share by Manufacturer (2017-2017)
11.2. Global Veterinary Software Revenue and Market Share by Manufacturer (2017-2017)
11.3. Global Veterinary Software Price by Manufacturer (2017-2017)
11.4. Top 5 Veterinary Software Manufacturer Market Share
11.5. Market Competition Trend
12. Veterinary Software Market Forecast (2027-2023)
12.1. Global Veterinary Software Sales, Revenue (Millions USD) and Growth Rate (2027-2023)
12.2. Veterinary Software Market Forecast by Regions (2027-2023)
12.2.1. North America Veterinary Software Market Forecast (2027-2023)
12.2.1.1. United States Veterinary Software Market Forecast (2027-2023)
12.2.1.2. Canada Veterinary Software Market Forecast (2027-2023)
12.2.1.3. Mexico Veterinary Software Market Forecast (2027-2023)
12.2.2. Europe Veterinary Software Market Forecast (2027-2023)
12.2.2.1. Germany Veterinary Software Market Forecast (2027-2023)
12.2.2.2. United Kingdom Veterinary Softwares Market Forecast (2027-2023)
12.2.2.3. France Veterinary Software Market Forecast (2027-2023)
12.2.2.4. Russia Veterinary Software Market Forecast (2027-2023)
12.2.2.5. Italy Veterinary Software Market Forecast (2027-2023)
12.2.2.6. Rest of the Europe Veterinary Software Market Forecast (2027-2023)
12.2.3. Asia-Pacific Veterinary Software Market Forecast (2027-2023)
12.2.3.1. China Veterinary Software Market Forecast (2027-2023)
12.2.3.2. Japan Veterinary Software Market Forecast (2027-2023)
12.2.3.3. Korea Veterinary Software Market Forecast (2027-2023)
12.2.3.4. India Veterinary Software Market Forecast (2027-2023)
12.2.3.5. Southeast Asia Veterinary Software Market Forecast (2027-2023)
12.2.3.6. Rest of Asia-Pacific Veterinary Software Market Forecast (2027-2023)
12.2.4. South America Veterinary Software Market Forecast (2027-2023)
12.2.4.1. Brazil Veterinary Software Market Forecast (2027-2023)
12.2.4.2. Argentina Veterinary Software Market Forecast (2027-2023)
12.2.4.3. Columbia Veterinary Software Market Forecast (2027-2023)
12.2.4.4. Rest of South America Veterinary Software Market Forecast (2027-2023)
12.2.5. Middle East and Africa Veterinary Software Market Forecast (2027-2023)
12.2.5.1. Saudi Arabia Veterinary Software Market Forecast (2027-2023)
12.2.5.2. UAE Veterinary Software Market Forecast (2027-2023)
12.2.5.3. Egypt Veterinary Software Market Forecast (2027-2023)
12.2.5.4. Nigeria Veterinary Software Market Forecast (2027-2023)
12.2.5.5. South Africa Veterinary Software Market Forecast (2027-2023)
12.2.5.6. Rest of MEA Veterinary Software Market Forecast (2027-2023)
12.3. Veterinary Software Market Forecast by Product (2027-2023)
12.3.1. Global Veterinary Software Sales Forecast by Product (2027-2023)
12.3.2. Global Veterinary Software Sales Market Share Forecast by Product (2027-2023)
12.4. Veterinary Software Market Forecast by Delivery Mode (2027-2023)
12.4.1. Global Veterinary Software Sales Forecast by Delivery Mode (2027-2023)
12.4.2. Global Veterinary Software Sales Market Share Forecast by Delivery Mode (2027-2023)
12.5. Veterinary Software Market Forecast by Practice Type (2027-2023)
12.5.1. Global Veterinary Software Sales Forecast by Practice Type (2027-2023)
12.5.2. Global Veterinary Software Sales Market Share Forecast by Practice Type (2027-2023)
12.6. Veterinary Software Market Forecast by End User (2027-2023)
12.6.1. Global Veterinary Software Sales Forecast by End User (2027-2023)
12.6.2. Global Veterinary Software Sales Market Share Forecast by End User (2027-2023)
List of Tables
*You can glance through the list of Tables and Figures when you view the sample copy of Veterinary Software 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 |
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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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