Yoga And Exercise Mats Market By Product (exercise Mats, Yoga Mats) And Distribution Channel Department Stores, Online Retail, Mono-brand Stores) - Global Industry Analysis And Forecast To 2023
Published On : June 2022 Pages : 170 Category: Personal Care & Cosmetics Report Code : CG061012
Industry Outlook and Trend Analysis
The global Yoga and Exercise Mats market has encountered significant development over the years and is foreseen to grow tremendously over the forecast period. Yoga and exercise mats are manufactured mats that are used for exercises and yoga. Yoga and exercise mats are gaining significance as of late because of increasing trend of routine with regards to exercise among people. Practicing yoga and exercising everyday are critical in maintaining balance in the body and also helps in the advancement of body flexibility and strength. Physical exercises not just enhance the health but also enhance the psychological dependability by decreasing depression, tension, and anxiety. The growing awareness towards being healthy and aversion of medical problems, for example, elevated cholesterol, diabetes, and obesity are prompting interest towards regular yoga and exercise among the populace thereby, boosting the development rate of the worldwide yoga and exercise mats market. Leading players of yoga and exercise mats focus on advancement and usage of manageable raw materials which are made of natural cotton, jute, and rubber.
Product Outlook and Trend Analysis
In 2017, the exercise mats section commanded the market and is anticipated to continue its dominance over the forecast period. This fragment incorporates distinctive sorts of mats, for example, pilates mats, general wellness tangles, and gym mats. A vast number of establishments use exercise mats widely because of the expanding number of health clubs and fitness centers, which, thus, will increase the sales of exercise mats in the coming years. The mono-brand stores represented most of the sales of yoga and exercise mats in 2017 and are anticipate continuing its dominance over the forecast period.
Distribution Channel Outlook
The mono-brand stores represented most of the sales of yoga and exercise mats in 2017 and are anticipate to continuing dominating he market over the forecast period. In addition to the superior look and feel of these stores, the accessibility of an extensive variety of products that are fabricated under a similar brand will likewise drive the more shoppers towards these stores, which thusly, will drive the development of the market in this fragment.
Regional Outlook and Trend Analysis
The yoga and exercise mats market in North America including U.S. Canada is foreseen to catch a substantial piece of the yoga and exercise mats piece of the overall industry in 2017 because of the rising number of health and other fitness clubs. Expanded awareness towards staying healthy is creating a positive effect upon the North America yoga and exercise mats market. The yoga and exercise mat market of North America is trailed by Europe in 2017. On the other side, the yoga and exercise mat market of Asia Pacific locale is foreseen to witness the most encouraging interest of yoga and exercise mats amid the conjecture time frame.
Competitive Insights
The leading players in the market are Gaia Inc, TriMax Sports Inc, Nike, Manduka, Merrithew Corporation, Boheme Yoga, JadeYoga, Body-Solid and Yoga Direct. 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 Yoga and Exercise Mats market is segmented as follows-
By Product:
- Yoga mats
- Exercise mats
By Distribution Channel:
- Online retail
- Mono-brand stores
- Department stores
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Columbia
- South Africa
- Rest of South America
- Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- Nigeria
- South Africa
- Rest of MEA
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2017 to 2023?
- What will be the industry market growth from 2017 to 2023?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
- Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Market Classification
· Yoga and Exercise Mats Market, By Product, Estimates and Forecast, 2014-2023 ($Million)
· Exercise mats
· Yoga mats
· Yoga and Exercise Mats Market, By Distribution Channel, Estimates and Forecast, 2014-2023 ($Million)
· Department stores
· Online retail
· Mono-brand stores
· Yoga and Exercise Mats Market, By Region, Estimates and Forecast, 2014-2023 ($Million)
· North America
§ North America Yoga and Exercise Mats Market, By Country
o U.S. Yoga and Exercise Mats Market
o Canada Yoga and Exercise Mats Market
o Mexico Yoga and Exercise Mats Market
· Europe
§ Europe Yoga and Exercise Mats Market, By Country
o Germany Yoga and Exercise Mats Market
o UK Yoga and Exercise Mats Market
o France Yoga and Exercise Mats Market
o Russia Yoga and Exercise Mats Market
o Italy Yoga and Exercise Mats Market
o Rest of Europe Yoga and Exercise Mats Market
· Asia-Pacific
§ Asia-Pacific Yoga and Exercise Mats Market, By Country
o China Yoga and Exercise Mats Market
o Japan Yoga and Exercise Mats Market
o South Korea Yoga and Exercise Mats Market
o India Yoga and Exercise Mats Market
o Southeast Asia Yoga and Exercise Mats Market
o Rest of Asia-Pacific Yoga and Exercise Mats Market
· South America
§ South America Yoga and Exercise Mats Market
o Brazil Yoga and Exercise Mats Market
o Argentina Yoga and Exercise Mats Market
o Columbia Yoga and Exercise Mats Market
o South Africa Yoga and Exercise Mats Market
o Rest of South America Yoga and Exercise Mats Market
· Middle East and Africa
§ Middle East and Africa Yoga and Exercise Mats Market
o Saudi Arabia Yoga and Exercise Mats Market
o UAE Yoga and Exercise Mats Market
o Egypt Yoga and Exercise Mats Market
o Nigeria Yoga and Exercise Mats Market
o South Africa Yoga and Exercise Mats Market
o Rest of MEA Yoga and Exercise Mats 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
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. Yoga and Exercise Mats Market, By Product
5.1. Introduction
5.2. Global Yoga and Exercise Mats Sales, Revenue and Market Share by Product (2017-2027)
5.2.1. Global Yoga and Exercise Mats Sales and Sales Share by Product (2017-2027)
5.2.2. Global Yoga and Exercise Mats Revenue and Revenue Share by Product (2017-2027)
5.3. Exercise mats
5.3.1. Global Exercise mats Sales and Growth Rate (2017-2027)
5.4. Yoga mats
5.4.1. Global Yoga mats Sales and Growth Rate (2017-2027)
6. Yoga and Exercise Mats Market, By Distribution Channel
6.1. Introduction
6.2. Global Yoga and Exercise Mats Sales, Revenue and Market Share by Distribution Channel (2017-2027)
6.2.1. Global Yoga and Exercise Mats Sales and Sales Share by Distribution Channel (2017-2027)
6.2.2. Global Yoga and Exercise Mats Revenue and Revenue Share by Distribution Channel (2017-2027)
6.3. Department stores
6.3.1. Global Department stores Sales and Growth Rate (2017-2027)
6.4. Online retail
6.4.1. Global Online retail Sales and Growth Rate (2017-2027)
6.5. Mono-brand stores
6.5.1. Global Mono-brand stores Sales and Growth Rate (2017-2027)
7. Yoga and Exercise Mats Market, By Region
7.1. Introduction
7.2. Global Yoga and Exercise Mats Sales, Revenue and Market Share by Regions
7.2.1. Global Yoga and Exercise Mats Sales by Regions (2017-2027)
7.2.2. Global Yoga and Exercise Mats Revenue by Regions (2017-2027)
7.3. North America Yoga and Exercise Mats by Countries
7.3.1. North America Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.3.2. North America Yoga and Exercise Mats Revenue and Growth Rate (2017-2027)
7.3.3. North America Yoga and Exercise Mats Sales by Countries (2017-2027)
7.3.4. North America Yoga and Exercise Mats Revenue (Million USD) by Countries (2017-2027)
7.3.5. U.S.
7.3.5.1. United States Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.3.5.2. United States Yoga and Exercise Mats Revenue (Millions USD) and Growth Rate (2017-2027)
7.3.6. Canada
7.3.6.1. Canada Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.3.6.2. Canada Yoga and Exercise Mats Revenue (Millions USD) and Growth Rate (2017-2027)
7.3.7. Mexico
7.3.7.1. Mexico Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.3.7.2. Mexico Yoga and Exercise Mats Revenue (Millions USD) and Growth Rate (2017-2027)
7.4. Europe Yoga and Exercise Mats by Countries
7.4.1. Europe Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.4.2. Europe Yoga and Exercise Mats Revenue and Growth Rate (2017-2027)
7.4.3. Europe Yoga and Exercise Mats Sales by Countries (2017-2027)
7.4.4. Europe Yoga and Exercise Mats Revenue (Million USD) by Countries (2017-2027)
7.4.5. Germany
7.4.5.1. Germany Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.4.5.2. Germany Yoga and Exercise Mats Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.6. UK
7.4.6.1. UK Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.4.6.2. UK Yoga and Exercise Mats Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.7. France
7.4.7.1. France Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.4.7.2. France Yoga and Exercise Mats Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.8. Russia
7.4.8.1. Russia Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.4.8.2. Russia Yoga and Exercise Mats Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.9. Italy
7.4.9.1. Italy Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.4.9.2. Italy Yoga and Exercise Mats Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.10. Rest of Europe
7.4.10.1. Rest of Europe Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.4.10.2. Rest of Europe Yoga and Exercise Mats Revenue (Millions USD) and Growth Rate (2017-2027)
7.5. Asia-Pacific
7.5.1. Asia-Pacific Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.5.2. Asia-Pacific Yoga and Exercise Mats Revenue and Growth Rate (2017-2027)
7.5.3. Asia-Pacific Yoga and Exercise Mats Sales by Countries (2017-2027)
7.5.4. Asia-Pacific Yoga and Exercise Mats Revenue (Million USD) by Countries (2017-2027)
7.5.5. China
7.5.5.1. China Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.5.5.2. China Yoga and Exercise Mats Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.6. Japan
7.5.6.1. Japan Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.5.6.2. Japan Yoga and Exercise Mats Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.6.3.
7.5.7. Korea
7.5.7.1. Korea Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.5.7.2. Korea Yoga and Exercise Mats Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.8. India
7.5.8.1. India Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.5.8.2. India Yoga and Exercise Mats Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.9. Southeast Asia
7.5.9.1. Southeast Asia Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.5.9.2. Southeast Asia Yoga and Exercise Mats Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.10. Rest of Asia-Pacific
7.5.10.1. Rest of Asia-Pacific Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.5.10.2. Rest of Asia-Pacific Yoga and Exercise Mats Revenue (Millions USD) and Growth Rate (2017-2027)
7.6. South America
7.6.1. South America Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.6.2. South America Yoga and Exercise Mats Revenue and Growth Rate (2017-2027)
7.6.3. South America Yoga and Exercise Mats Sales by Countries (2017-2027)
7.6.4. South America Yoga and Exercise Mats Revenue (Million USD) by Countries (2017-2027)
7.6.5. Brazil
7.6.5.1. Brazil Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.6.5.2. Brazil Yoga and Exercise Mats Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.6. Argentina
7.6.6.1. Argentina Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.6.6.2. Argentina Yoga and Exercise Mats Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.7. Columbia
7.6.7.1. Columbia Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.6.7.2. Columbia Yoga and Exercise Mats Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.8. Rest of South America
7.6.8.1. Rest of South America Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.6.8.2. Rest of South America Yoga and Exercise Mats Revenue (Millions USD) and Growth Rate (2017-2027)
7.7. Middle East and Africa
7.7.1. Middle East and Africa Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.7.2. Middle East and Africa Yoga and Exercise Mats Revenue and Growth Rate (2017-2027)
7.7.3. Middle East and Africa Yoga and Exercise Mats Sales by Countries (2017-2027)
7.7.4. Middle East and Africa Yoga and Exercise Mats Revenue (Million USD) by Countries (2017-2027)
7.7.5. Saudi Arabia
7.7.5.1. Saudi Arabia Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.7.5.2. Saudi Arabia Yoga and Exercise Mats Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.6. United Arab Emirates
7.7.6.1. United Arab Emirates Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.7.6.2. United Arab Emirates Yoga and Exercise Mats Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.7. Egypt
7.7.7.1. Egypt Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.7.7.2. Egypt Yoga and Exercise Mats Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.8. Nigeria
7.7.8.1. Nigeria Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.7.8.2. Nigeria Yoga and Exercise Mats Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.9. South Africa
7.7.9.1. South Africa Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.7.9.2. South Africa Yoga and Exercise Mats Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.10. Rest of Middle East and Africa
7.7.10.1. Rest of Middle East and Africa Yoga and Exercise Mats Sales and Growth Rate (2017-2027)
7.7.10.2. Rest of Middle East and Africa Yoga and Exercise Mats Revenue (Millions USD) and Growth Rate (2017-2027)
8. Company Profiles
8.1. Gaiam
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. YogaDirect
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. Barefoot Yoga
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. JadeYoga
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. La Vie Boheme Yoga
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. Body-Solid
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. Indiegogo
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. Nike
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. TriMax Sports
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. Adidas
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 Yoga and Exercise Mats Market Competition, by Manufacturer
9.1. Global Yoga and Exercise Mats Sales and Market Share by Manufacturer (2017-2017)
9.2. Global Yoga and Exercise Mats Revenue and Market Share by Manufacturer (2017-2017)
9.3. Global Yoga and Exercise Mats Price by Region (2017-2017)
9.4. Top 5 Yoga and Exercise Mats Manufacturer Market Share
9.5. Market Competition Trend
10. Yoga and Exercise Mats Market Forecast (2027-2023)
10.1. Global Yoga and Exercise Mats Sales, Revenue (Millions USD) and Growth Rate (2027-2023)
10.2. Yoga and Exercise Mats Market Forecast by Regions (2027-2023)
10.2.1. North America Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.1.1. United States Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.1.2. Canada Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.1.3. Mexico Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.2. Europe Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.2.1. Germany Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.2.2. United Kingdom Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.2.3. France Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.2.4. Russia Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.2.5. Italy Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.2.6. Rest of the Europe Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.3. Asia-Pacific Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.3.1. China Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.3.2. Japan Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.3.3. Korea Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.3.4. India Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.3.5. Southeast Asia Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.3.6. Rest of Asia-Pacific Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.4. South America Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.4.1. Brazil Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.4.2. Argentina Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.4.3. Columbia Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.4.4. Rest of South America Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.5. Middle East and Africa Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.5.1. Saudi Arabia Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.5.2. UAE Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.5.3. Egypt Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.5.4. Nigeria Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.5.5. South Africa Yoga and Exercise Mats Market Forecast (2027-2023)
10.2.5.6. Rest of MEA Yoga and Exercise Mats Market Forecast (2027-2023)
10.3. Yoga and Exercise Mats Market Forecast by Product (2027-2023)
10.3.1. Global Yoga and Exercise Mats Sales Forecast by Product (2027-2023)
10.3.2. Global Yoga and Exercise Mats Sales Market Share Forecast by Product (2027-2023)
10.4. Yoga and Exercise Mats Market Forecast by Distribution Channel (2027-2023)
10.4.1. Global Yoga and Exercise Mats Sales Forecast by Distribution Channel (2027-2023)
10.4.2. Global Yoga and Exercise Mats Sales Market Share Forecast by Distribution Channel (2027-2023)
List of Tables
*You can glance through the list of Tables and Figures when you view the sample copy of Yoga and Exercise Mats Market.
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
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Data Collection Matrix |
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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