Dental Adhesives Market

Dental Adhesives Market Size by Formulation (Powders, Creams, Liquid, and Others), Application (Pit & Fissure Sealants, Denture Adhesives, Restorative Adhesives, and Others), End-User (Ambulatory Centers, Community Healthcare, Hospitals, and Dental Clinics), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2022 to 2030

Base Year: 2022 Historical Data: 2020-21
  • Report ID: TBI-13223
  • Published Date: Jan, 2023
  • Pages: 236
  • Category: Healthcare
  • Format: PDF
Buy @ $4700.00 Request Sample PDF

The global dental adhesives market was valued at USD 2.43 billion in 2022, increasing at a CAGR of 6.62% from 2022 to 2030 and anticipated to reach USD 4.06 billion by 2030. Asia Pacific is expected to grow the fastest during the forecast period. Further, the increasing medical and dental tourism, along with the rising patient pool of root and coronal caries and periodontitis, are helping to boost the market growth during the forecast period. 

Self-etching adhesives are a type of dental adhesive that has been widely utilized in many clinical applications. In the therapy process, it is essential to adhere to the acid etching and bonding layer at one time on enamel surfaces for more strength. The total-etching adhesive is a type of dental adhesive that relies on an acid or fluoride etch method to prepare the tooth surface before application. The two main ingredients for this process are photoinitiators and resin, which can be mixed with monomers, oligomers, and polymerization inhibitors.

Market Introduction:

Denture adhesives are non-toxic & water-soluble materials that are used to fix dentures in patients in the oral cavity. They prevent unnecessary movement and slippage while speaking, sneezing, and coughing. Dental adhesives are utilized for multiple clinical applications, and they can be categorized based on the clinical regimen in etch-and-rinse adhesives & self-etch adhesives. Dental adhesives are also used in therapeutic procedures such as the etching of enamel and dentin surfaces for the adhesion of sealants and resin-based composite agents, as well as luting orthodontic brackets for alignment. The advancement and utilization of dental adhesive materials have revolutionized various aspects of adhesive dentistry. Dental adhesives are widely utilized for esthetic dental restorations, repairing a damaged tooth, etc. The chemical composition of adhesives also contains curing initiators, stabilizers or inhibitors, solvents and, in some cases, inorganic fillers.

Dental Adhesives Market Size

Get an overview of this study by requesting a free sample

Market Dynamics:

Drivers:

The rising prevalence of oral diseases: The increasing prevalence of oral diseases is a driving factor of market growth. Further, the growing cavity and tooth removal among the population is another propelling market growth. Moreover, the ever-increasing prevalence of dental caries, both among children and adults, is also helping to boost market growth. Tooth decay commonly happens among children due to their unhealthy food habits and lack of oral hygiene. Additionally, the increasing adoption of LED dental lights, which provides better visibility, is helping to drive market growth. Moreover, the growing adoption of several innovative and cutting-edge adhesive products due to the rapid prevalence of dental & oral conditions like edentulousness and tooth decay, demand for dental fixatives, and the need for cosmetics and conditions like xerostomia are expected to stimulate the market growth.

Restraints:

The alternate oral care methods: The stringent and time-consuming regulatory policies hamper the market growth. The alternate oral care methods, as well as the influence of the COVID-19 epidemic, are restraining the market growth. Moreover, the lack of awareness about fissure sealants use, lack of availability of products and high cost of fissure sealants and others are expected to hinder the market growth during the forecast period. Further, the dental adhesive industry is negatively influenced by the COVID-19 epidemic situation. Also, the epidemic resulted in a worldwide lockdown, which halted the dental adhesive market. Moreover, the strict social distancing policies negatively affected the dental adhesives market. Many patients avoided getting any dental work done, considering the proximity to a dental professional during the dental work process.

Opportunities:

The increased investments in R&D activities: The developments in dental adhesive systems, including oral maxillofacial surgeries & techniques, and raised investments in R&D activities are anticipated to offer significant opportunities for market growth. The growing usage of minimally invasive procedures is the driving factor of market growth. Further, the rising cases of dental diseases, along with the increasing accidents leading to the demand for dental reconstruction surgeries, are expected to drive market growth during the forecast period. Moreover, the increased awareness of dental hygiene and the expansion of healthcare infrastructure throughout countries are helping to stimulate market growth during the forecast period.  

Regional segmentation analysis:

The regions analyzed for the market include Europe, South America, Asia Pacific, North America, the Middle East, and Africa. North America emerged as the largest global dental adhesives market, with a 47.42% market revenue share in 2022. North America dominates the dental adhesives market due to the high product availability, increasing prevalence of oral diseases, and rising number of cosmetic procedures. Moreover, the large patient pool with oral diseases and the rising demand for preventive dental care is expected to drive market growth. Additionally, the increasing demand for dental restorations and orthopedic implants from end-users such as hospitals, universities & colleges, clinics, and research centers are propelling the market growth in this region. Asia Pacific is expected to grow the fastest during the forecast period due to rising dental awareness. Additionally, the increasing number of clinics and hospitals, coupled with the surging demand for cosmetic dentistry and dental restorative procedures, especially in emerging economies like India and China, propel the market growth in this region. Moreover, the easy availability of products, the attractive reimbursement structure, and the prevalence of modern technology are expected to propel the market growth in this region.

North America Region Dental Adhesives Market Share in 2022 - 47.42%

 

www.thebrainyinsights.com

Check the geographical analysis of this market by requesting a free sample

Formulation segment analysis

The formulation segment is divided into powders, creams, liquids, and others. In 2022, the liquid segment dominated the market with the largest market share of 32.19% and market revenue of 0.78 billion. This growth is attributed to innovations in dental laboratories. Also, the liquids are easy to use and can be mixed in the required consistency and amount for restoration of the teeth & bonding of orthodontic brackets. Moreover, paste/cream adhesives are a type of dental adhesive in which the resin is dispersed in paste or cream form. The two kinds of resins utilised to make such adhesives contain urethane dimethacrylate (UDMA) and bis-GMA.

Application segment analysis

The application segment is divided into pit & fissure sealants, denture adhesives, restorative adhesives, and others. In 2022, the pit & fissure sealants segment dominated the market, accounting for around 33.09% of global revenue. This growth is attributed to the rising demand for minimally invasive treatments. Also, the pit and fissure sealants have been installed utilising both adhesive and non-adhesive methods. Further, by 2030, the restorative adhesives segment will likely dominate the market due to the increasing focus on aesthetics, resulting in many tooth repair & cosmetic dentistry techniques. Additionally, the adhesive used in restorative adhesives can bond with teeth. It provides durability & strength for an extended period by being entirely resistant to moisture, breakage, or damage from chewing.

End-user segment analysis

 The end-user segment is divided into ambulatory centers, community healthcare, hospitals, and dental clinics. In 2022, the dental clinic segment dominated the market, accounting for around 31.27% of global revenue. This growth is attributed to the increasing number of clinics in developing countries. Further, by 2030, the hospital segment will likely dominate the market due to the rising demand for sealants from various end-use industries like medical device manufacturing & pharmaceuticals. Also, a dental adhesive is used in hospitals to attach implants for tooth replacement. Adhesives are utilised during endodontic treatment, root canal fillings, and cavity-filling procedures.

Some of the Key Market Players:
  • New World Imports
  • 3M
  • Ultradent Products, Inc.
  • Dentsply Sirona Inc.
  • Procter & Gamble Co.
  • GlaxoSmithKline PLC
  • Johnson & Johnson Services Inc.
  • Henkel AG & Co. KGaA
  • Colgate-Palmolive Company
  • Mitsui Chemicals Inc.
  • Tokuyama Dental Corporation Inc.
  • Prime Dental Manufacturing
  • Den-Mat Holdings LLC.
  • Ivoclar Vivadent AG

Report Description: 

Attribute Description
Market Size Revenue (USD Billion)
Market size value in 2022 USD 2.43 Billion, Volume in ton
Market size value in 2030 USD 4.06 Billion, Volume in ton
CAGR (2022 to 2030) 6.62%
Historical data 2019-2020
Base Year 2021
Forecast 2022-2030
Segments Key Segments are formulation, application, end-user, and regions
Regional Segments The key regions are North America, South America, Europe, Asia Pacific, and Middle East & Africa.

Frequesntly Asked Questions

As per The Brainy Insights, the size of the dental adhesives market was valued at USD 2.43 Billion in 2022 to USD 4.06 Billion by 2030.

The global dental adhesives market is growing at a CAGR of 6.62% during the forecast period 2022-2030.

North America region emerged as the largest market for dental adhesives.

Key players are New World Imports, 3M, Ultradent Products, Inc., Dentsply Sirona Inc., Procter & Gamble Co., GlaxoSmithKline PLC, Johnson & Johnson Services Inc., Henkel AG & Co. KGaA, Colgate-Palmolive Company

1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience

2. Research Methodology and Assumptions

3. Executive Summary

4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis By Formulation
          4.3.2. Market Attractiveness Analysis By Application
          4.3.3. Market Attractiveness Analysis By End-User
          4.3.4. Market Attractiveness Analysis By Region
    4.4. Industry Trends

5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
          5.2.1. The increasing prevalence of oral diseases
          5.2.2. The increasing ageing population
          5.2.3. The growing number of hospitals and clinics
    5.3. Restraints
          5.3.1. The stringent and time-consuming regulatory policies
          5.3.2. The high treatment costs
    5.4. Opportunities
          5.4.1. The growing usage of minimally invasive techniques
          5.4.2. The growing demand for cosmetic dental procedures

6. Global Dental Adhesives Market Analysis and Forecast, By Formulation
    6.1. Segment Overview
    6.2. Powders
    6.3. Creams
    6.4. Liquid
    6.5. Others

7. Global Dental Adhesives Market Analysis and Forecast, By Application
    7.1. Segment Overview
    7.2. Pit & Fissure Sealants
    7.3. Denture Adhesives
    7.4. Restorative Adhesives
    7.5. Others

8. Global Dental Adhesives Market Analysis and Forecast, By End-User
    8.1. Segment Overview
    8.2. Ambulatory Centers
    8.3. Community Healthcare
    8.4. Hospitals
    8.5. Dental Clinics

9. Global Dental Adhesives Market Analysis and Forecast, By Regional Analysis
    9.1. Segment Overview
    9.2. North America
          9.2.1. U.S.
          9.2.2. Canada
          9.2.3. Mexico
    9.3. Europe
          9.3.1. Germany
          9.3.2. France
          9.3.3. U.K.
          9.3.4. Italy
          9.3.5. Spain
    9.4. Asia-Pacific
          9.4.1. Japan
          9.4.2. China
          9.4.3. India
    9.5. South America
          9.5.1. Brazil
    9.6. Middle East and Africa
          9.6.1. UAE
          9.6.2. South Africa

10. Global Dental Adhesives Market-Competitive Landscape
    10.1. Overview
    10.2. Market Share of Key Players in Global Dental Adhesives Market
          10.2.1. Global Company Market Share
          10.2.2. North America Company Market Share
          10.2.3. Europe Company Market Share
          10.2.4. APAC Company Market Share
    10.3. Competitive Situations and Trends
          10.3.1. Product Launches and Developments
          10.3.2. Partnerships, Collaborations, and Agreements
          10.3.3. Mergers & Acquisitions
          10.3.4. Expansions

11. Company Profiles
    11.1. New World Imports
          11.1.1. Business Overview
          11.1.2. Company Snapshot
          11.1.3. Company Market Share Analysis
          11.1.4. Company Product Portfolio
          11.1.5. Recent Developments
          11.1.6. SWOT Analysis
    11.2. 3M
          11.2.1. Business Overview
          11.2.2. Company Snapshot
          11.2.3. Company Market Share Analysis
          11.2.4. Company Product Portfolio
          11.2.5. Recent Developments
          11.2.6. SWOT Analysis
    11.3. Ultradent Products, Inc.
          11.3.1. Business Overview
          11.3.2. Company Snapshot
          11.3.3. Company Market Share Analysis
          11.3.4. Company Product Portfolio
          11.3.5. Recent Developments
          11.3.6. SWOT Analysis
    11.4. Dentsply Sirona Inc.
          11.4.1. Business Overview
          11.4.2. Company Snapshot
          11.4.3. Company Market Share Analysis
          11.4.4. Company Product Portfolio
          11.4.5. Recent Developments
          11.4.6. SWOT Analysis
    11.5. Procter & Gamble Co.
          11.5.1. Business Overview
          11.5.2. Company Snapshot
          11.5.3. Company Market Share Analysis
          11.5.4. Company Product Portfolio
          11.5.5. Recent Developments
          11.5.6. SWOT Analysis
    11.6. GlaxoSmithKline PLC
          11.6.1. Business Overview
          11.6.2. Company Snapshot
          11.6.3. Company Market Share Analysis
          11.6.4. Company Product Portfolio
          11.6.5. Recent Developments
          11.6.6. SWOT Analysis
    11.7. Johnson & Johnson Services Inc.
          11.7.1. Business Overview
          11.7.2. Company Snapshot
          11.7.3. Company Market Share Analysis
          11.7.4. Company Product Portfolio
          11.7.5. Recent Developments
          11.7.6. SWOT Analysis
    11.8. Henkel AG & Co. KGaA
          11.8.1. Business Overview
          11.8.2. Company Snapshot
          11.8.3. Company Market Share Analysis
          11.8.4. Company Product Portfolio
          11.8.5. Recent Developments
          11.8.6. SWOT Analysis
    11.9. Colgate-Palmolive Company
          11.9.1. Business Overview
          11.9.2. Company Snapshot
          11.9.3. Company Market Share Analysis
          11.9.4. Company Product Portfolio
          11.9.5. Recent Developments
          11.9.6. SWOT Analysis
    11.10. Mitsui Chemicals Inc.
          11.10.1. Business Overview
          11.10.2. Company Snapshot
          11.10.3. Company Market Share Analysis
          11.10.4. Company Product Portfolio
          11.10.5. Recent Developments
          11.10.6. SWOT Analysis
    11.11. Tokuyama Dental Corporation Inc.
          11.11.1. Business Overview
          11.11.2. Company Snapshot
          11.11.3. Company Market Share Analysis
          11.11.4. Company Product Portfolio
          11.11.5. Recent Developments
          11.11.6. SWOT Analysis
    11.12. Prime Dental Manufacturing
          11.12.1. Business Overview
          11.12.2. Company Snapshot
          11.12.3. Company Market Share Analysis
          11.12.4. Company Product Portfolio
          11.12.5. Recent Developments
          11.12.6. SWOT Analysis
    11.13. Den-Mat Holdings LLC.
          11.13.1. Business Overview
          11.13.2. Company Snapshot
          11.13.3. Company Market Share Analysis
          11.13.4. Company Product Portfolio
          11.13.5. Recent Developments
          11.13.6. SWOT Analysis
    11.14. Ivoclar Vivadent AG,
          11.14.1. Business Overview
          11.14.2. Company Snapshot
          11.14.3. Company Market Share Analysis
          11.14.4. Company Product Portfolio
          11.14.5. Recent Developments
          11.14.6. SWOT Analysis

List of Table

1. Global Dental Adhesives Market, By Formulation, 2019-2030 (USD Billion) (Ton)

2. Global Powders, Dental Adhesives Market, By Region, 2019-2030 (USD Billion) (Ton) 

3. Global Creams, Dental Adhesives Market, By Region, 2019-2030 (USD Billion) (Ton) 

4. Global Liquid, Dental Adhesives Market, By Region, 2019-2030 (USD Billion) (Ton) 

5. Global Others, Dental Adhesives Market, By Region, 2019-2030 (USD Billion) (Ton) 

6. Global Dental Adhesives Market, By Application, 2019-2030 (USD Billion) (Ton)

7. Global Pit & Fissure Sealants, Dental Adhesives Market, By Region, 2019-2030 (USD Billion) (Ton)

8. Global Denture Adhesives, Dental Adhesives Market, By Region, 2019-2030 (USD Billion) (Ton)

9. Global Restorative Adhesives, Dental Adhesives Market, By Region, 2019-2030 (USD Billion) (Ton)

10. Global Others, Dental Adhesives Market, By Region, 2019-2030 (USD Billion) (Ton)

11. Global Dental Adhesives Market, By End-User, 2019-2030 (USD Billion) (Ton)

12. Global Ambulatory Centers, Dental Adhesives Market, By Region, 2019-2030 (USD Billion) (Ton)

13. Global Community Healthcare, Dental Adhesives Market, By Region, 2019-2030 (USD Billion) (Ton)

14. Global Hospitals, Dental Adhesives Market, By Region, 2019-2030 (USD Billion) (Ton)

15. Global Dental Clinics, Dental Adhesives Market, By Region, 2019-2030 (USD Billion) (Ton)

16. North America Dental Adhesives Market, By Formulation, 2019-2030 (USD Billion) (Ton)

17. North America Dental Adhesives Market, By Application, 2019-2030 (USD Billion) (Ton)

18. North America Dental Adhesives Market, By End-User, 2019-2030 (USD Billion) (Ton)

19. U.S. Dental Adhesives Market, By Formulation, 2019-2030 (USD Billion) (Ton)

20. U.S. Dental Adhesives Market, By Application, 2019-2030 (USD Billion) (Ton)

21. U.S. Dental Adhesives Market, By End-User, 2019-2030 (USD Billion) (Ton)

22. Canada Dental Adhesives Market, By Formulation, 2019-2030 (USD Billion) (Ton)

23. Canada Dental Adhesives Market, By Application, 2019-2030 (USD Billion) (Ton)

24. Canada Dental Adhesives Market, By End-User, 2019-2030 (USD Billion) (Ton)

25. Mexico Dental Adhesives Market, By Formulation, 2019-2030 (USD Billion) (Ton)

26. Mexico Dental Adhesives Market, By Application, 2019-2030 (USD Billion) (Ton)

27. Mexico Dental Adhesives Market, By End-User, 2019-2030 (USD Billion) (Ton)

28. Europe Dental Adhesives Market, By Formulation, 2019-2030 (USD Billion) (Ton)

29. Europe Dental Adhesives Market, By Application, 2019-2030 (USD Billion) (Ton)

30. Europe Dental Adhesives Market, By End-User, 2019-2030 (USD Billion) (Ton)

31. Germany Dental Adhesives Market, By Formulation, 2019-2030 (USD Billion) (Ton)

32. Germany Dental Adhesives Market, By Application, 2019-2030 (USD Billion) (Ton)

33. Germany Dental Adhesives Market, By End-User, 2019-2030 (USD Billion) (Ton)

34. France Dental Adhesives Market, By Formulation, 2019-2030 (USD Billion) (Ton)

35. France Dental Adhesives Market, By Application, 2019-2030 (USD Billion) (Ton)

36. France Dental Adhesives Market, By End-User, 2019-2030 (USD Billion) (Ton)

37. U.K. Dental Adhesives Market, By Formulation, 2019-2030 (USD Billion) (Ton)

38. U.K. Dental Adhesives Market, By Application, 2019-2030 (USD Billion) (Ton)

39. U.K. Dental Adhesives Market, By End-User, 2019-2030 (USD Billion) (Ton)

40. Italy Dental Adhesives Market, By Formulation, 2019-2030 (USD Billion) (Ton)

41. Italy Dental Adhesives Market, By Application, 2019-2030 (USD Billion) (Ton)

42. Italy Dental Adhesives Market, By End-User, 2019-2030 (USD Billion) (Ton)

43. Spain Dental Adhesives Market, By Formulation, 2019-2030 (USD Billion) (Ton)

44. Spain Dental Adhesives Market, By Application, 2019-2030 (USD Billion) (Ton)

45. Spain Dental Adhesives Market, By End-User, 2019-2030 (USD Billion) (Ton)

46. Asia Pacific Dental Adhesives Market, By Formulation, 2019-2030 (USD Billion) (Ton)

47. Asia Pacific Dental Adhesives Market, By Application, 2019-2030 (USD Billion) (Ton)

48. Asia Pacific Dental Adhesives Market, By End-User, 2019-2030 (USD Billion) (Ton)

49. Japan Dental Adhesives Market, By Formulation, 2019-2030 (USD Billion) (Ton)

50. Japan Dental Adhesives Market, By Application, 2019-2030 (USD Billion) (Ton)

51. Japan Dental Adhesives Market, By End-User, 2019-2030 (USD Billion) (Ton)

52. China Dental Adhesives Market, By Formulation, 2019-2030 (USD Billion) (Ton)

53. China Dental Adhesives Market, By Application, 2019-2030 (USD Billion) (Ton)

54. China Dental Adhesives Market, By End-User, 2019-2030 (USD Billion) (Ton)

55. India Dental Adhesives Market, By Formulation, 2019-2030 (USD Billion) (Ton)

56. India Dental Adhesives Market, By Application, 2019-2030 (USD Billion) (Ton)

57. India Dental Adhesives Market, By End-User, 2019-2030 (USD Billion) (Ton)

58. South America Dental Adhesives Market, By Formulation, 2019-2030 (USD Billion) (Ton)

59. South America Dental Adhesives Market, By Application, 2019-2030 (USD Billion) (Ton)

60. South America Dental Adhesives Market, By End-User, 2019-2030 (USD Billion) (Ton)

61. Brazil Dental Adhesives Market, By Formulation, 2019-2030 (USD Billion) (Ton)

62. Brazil Dental Adhesives Market, By Application, 2019-2030 (USD Billion) (Ton)

63. Brazil Dental Adhesives Market, By End-User, 2019-2030 (USD Billion) (Ton)

64. Middle East and Africa Dental Adhesives Market, By Formulation, 2019-2030 (USD Billion) (Ton)

65. Middle East and Africa Dental Adhesives Market, By Application, 2019-2030 (USD Billion) (Ton)

66. Middle East and Africa Dental Adhesives Market, By End-User, 2019-2030 (USD Billion) (Ton)

67. UAE Dental Adhesives Market, By Formulation, 2019-2030 (USD Billion) (Ton)

68. UAE Dental Adhesives Market, By Application, 2019-2030 (USD Billion) (Ton)

69. UAE Dental Adhesives Market, By End-User, 2019-2030 (USD Billion) (Ton)

70. South Africa Dental Adhesives Market, By Formulation, 2019-2030 (USD Billion) (Ton)

71. South Africa Dental Adhesives Market, By Application, 2019-2030 (USD Billion) (Ton)

72. South Africa Dental Adhesives Market, By End-User, 2019-2030 (USD Billion) (Ton)

List of Figures 

1. Global Dental Adhesives Market Segmentation

2. Global Dental Adhesives Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top- Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis 

7. Value Chain Analysis 

8. Global Dental Adhesives Market Attractiveness Analysis By Formulation

9. Global Dental Adhesives Market Attractiveness Analysis By Application 

10. Global Dental Adhesives Market Attractiveness Analysis By End-User

11. Global Dental Adhesives Market Attractiveness Analysis By Region

12. Global Dental Adhesives Market: Dynamics

13. Global Dental Adhesives Market Share By Formulation (2022 & 2030)

14. Global Dental Adhesives Market Share By Application (2022 & 2030)

15. Global Dental Adhesives Market Share By End-User (2022 & 2030)

16. Global Dental Adhesives Market Share By Regions (2022 & 2030)

17. Global Dental Adhesives Market Share By Company (2021)

This study forecasts revenue at global, regional, and country levels from 2019 to 2030. The Brainy Insights has segmented the global dental adhesives based on below mentioned segments:

Global Dental Adhesives Market by Formulation:

  • Powders
  • Creams
  • Liquid
  • Others

 Global Dental Adhesives Market by Application:

  • Pit & Fissure Sealants
  • Denture Adhesives
  • Restorative Adhesives
  • Others

Global Dental Adhesives Market by End-User:

  • Ambulatory Centers
  • Community Healthcare
  • Hospitals
  • Dental Clinics  

Global Dental Adhesives by Region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa

Methodology

Research has its special purpose to undertake marketing efficiently. In this competitive scenario, businesses need information across all industry verticals; the information about customer wants, market demand, competition, industry trends, distribution channels etc. This information needs to be updated regularly because businesses operate in a dynamic environment. Our organization, The Brainy Insights incorporates scientific and systematic research procedures in order to get proper market insights and industry analysis for overall business success. The analysis consists of studying the market from a miniscule level wherein we implement statistical tools which helps us in examining the data with accuracy and precision. 

Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.

The Brainy Insights offers comprehensive research and analysis, based on a wide assortment of factual insights gained through interviews with CXOs and global experts and secondary data from reliable sources. Our analysts and industry specialist assume vital roles in building up statistical tools and analysis models, which are used to analyse the data and arrive at accurate insights with exceedingly informative research discoveries. The data provided by our organization have proven precious to a diverse range of companies, facilitating them to address issues such as determining which products/services are the most appealing, whether or not customers use the product in the manner anticipated, the purchasing intentions of the market and many others.

Our research methodology encompasses an idyllic combination of primary and secondary initiatives. Key phases involved in this process are listed below:

MARKET RESEARCH PROCESS

Data Procurement:

The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.

The data procurement stage involves in data gathering and collecting through various data sources.

This stage involves in extensive research. These data sources includes:

Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:

  • The organizational databases such as D&B Hoovers, and Bloomberg that helps us to identify the competitive scenario of the key market players/organizations along with the financial information.
  • Industry/Market databases such as Statista, and Factiva provides market/industry insights and deduce certain formulations. 
  • We also have contractual agreements with various reputed data providers and third party vendors who provide information which are not limited to:
    • Import & Export Data
    • Business Trade Information
    • Usage rates of a particular product/service on certain demographics mainly focusing on the unmet prerequisites

Primary Research: The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. Primary research mainly involves in telephonic interviews, E-mail interactions and face-to-face interviews with the raw material providers, manufacturers/producers, distributors, & independent consultants. The interviews that we conduct provides valuable data on market size and industry growth trends prevailing in the market. Our organization also conducts surveys with the various industry experts in order to gain overall insights of the industry/market. For instance, in healthcare industry we conduct surveys with the pharmacists, doctors, surgeons and nurses in order to gain insights and key information of a medical product/device/equipment which the customers are going to usage. Surveys are conducted in the form of questionnaire designed by our own analyst team. Surveys plays an important role in primary research because surveys helps us to identify the key target audiences of the market. Additionally, surveys helps to identify the key target audience engaged with the market. Our survey team conducts the survey by targeting the key audience, thus gaining insights from them. Based on the perspectives of the customers, this information is utilized to formulate market strategies. Moreover, market surveys helps us to understand the current competitive situation of the industry. To be precise, our survey process typically involve with the 360 analysis of the market. This analytical process begins by identifying the prospective customers for a product or service related to the market/industry to obtain data on how a product/service could fit into customers’ lives.

Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.

The supply side for a domain specific market is analysed by:

  • Estimating and projecting penetration rates through analysing product attributes, availability of internal and external substitutes, followed by pricing analysis of the product.
  • Experiential assessment of year-on-year sales of the product by conducting interviews.

The demand side for the market is estimated through:

  • Evaluating the penetration level and usage rates of the product.
  • Referring to the historical data to determine the growth rate and evaluate the industry trends

In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.

Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:

  • Applying demographic along with psychographic segmentation for market evaluation
  • Determining the Micro and Macro-economic indicators for each region 
  • Examining the industry indicators prevailing in the market. 

Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:

  • Data Screening: Data screening is the process of scrutinising data/information collected from primary research for errors and amending those collected data before data integration method. The screening involves in examining raw data, identifying errors and dealing with missing data. The purpose of the data screening is to ensure data is correctly entered or not. The Brainy Insights employs objective and systematic data screening grades involving repeated cycles of quality checks, screening and suspect analysis.
  • Data Integration: Integrating multiple data streams is necessary to produce research studies that provide in-depth picture to the clients. These data streams come from multiple research studies and our in house database. After screening of the data, our analysts conduct creative integration of data sets, optimizing connections between integrated surveys and syndicated data sources. There are mainly 2 research approaches that we follow in order to integrate our data; top down approach and bottom up approach.

Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.

This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.

Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.

The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:

  • CXOs and VPs of leading companies’ specific to sector
  • Purchasing managers, technical personnel, end-users
  • Key opinion leaders such as investment bankers, and industry consultants

Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.

Some Facts About The Brainy Insights

50%

Free Customization

300+

Fortune 500 Clients

1

Free Yearly Update On Purchase Of Multi/Corporate License

900+

Companies Served Till Date