Dental Autoclaves Market

Dental Autoclaves Market Size by Type (Automatic, Semi-automatic, Manual), Application (Hospitals, Dental Clinics, Academic/Research Institutes), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2021 to 2030

Base Year: 2020 Historical Data: 2018-19
  • Report ID: TBI-12502
  • Published Date: Oct, 2021
  • Pages: 198
  • Category: Healthcare
  • Format: PDF
Buy @ $4699.00 Request Sample PDF

Global dental autoclaves market is expected to reach USD 3.43 billion by 2030, at a CAGR of 7.11% from 2021 to 2030. Global dental autoclaves market is witnessing a considerable growth owing torise in prevalence of the dental disorders all across the globe.

Market Overview:

An autoclave is utilized to sterilize and disinfect surgical apparatus, pharmaceutical devices, laboratory instruments, and other materials. The device sterilize hollows, solids, liquids, along with thesurgical equipment’sirrespective of their shapes and sizes. Autoclaves vary in terms of shape, size and functionality. A basic autoclave can be related to a pressure cooker. Both of these devices utilize steam kill germs, spores and bacteriawhich are resistant to powerful detergents and boiling water.Autoclave device was invented by Charles Chamberlandin 1879. The most basic function of any autoclave is to sterilize surgical devices and laboratory instruments by heating them above boiling point. Most of the clinics have tabletop autoclaves that is very much similar in size to microwave ovens. In hospitals, horizontal autoclaves are used which are generally larger in size. The horizontal autoclaves are generally placed in Central Sterile Services Department CSSD) in hospitals so that they can meet the ongoing demand for clean surgical equipment’s during the ongoing surgeries. Dental autoclaves are high grade stainless steel devices that offers enclosed bio sealspace for dental instruments that are heat sensitive for kill the germs and bacteria for decontamination and sterilization. The sterilization process through steamis considered very effective and efficient.There are two sources of steam utilized in the sterilization process, self-contained electric boilers and hospital steam boiler systems.

In both cases,treated water supply is important toremove total dissolved solids (TDS). That is why each dental autoclave should be designed, maintained and monitored to ensure that the quality of the steam provided is pure, treated and appropriate for effective sterilization process in order to kill germs.

Get an overview of this study by requesting a free sample

Market Dynamics:

Drivers:
  • Increasing Demand for Automatic Bench-top Dental Autoclaves

The increasing demand for the bench-top autoclaves in the dental industry is the primary factor for the market growth and development in scenario. Bench-top dental autoclavesare the sterilization devices of high quality that utilizes high pressure and temperature steam to sanitize and sterilize dental equipment’s. The bench-top dental autoclaves should comply by the UNI EN 285 standard and regulation in order to ensure the accuracy of the system. The bench-top dental autoclaves are very powerful and are available in smaller sizes. These devices utilizes a dynamic air exclusion method in combination with pre or post vacuum technology which offers enhanced benefits. The pre-post vacuum technology coupled with short cycle time, compact nature and large chamber volume are benefits of the bench-top dental autoclaves. Steam sterilization is effective technique for sanitizing and disinfecting the dental instruments. This ensures safety for the reuse of the dental instruments for the next patient. Thus, the attributes of the bench-top autoclaves is going to drive the market growth.

  • Rising Prevalence of Dental Diseases and Disorders

Even though there has been great achievements in medical and healthcare amongst the population all across the globe, but the diseases and disorders problems in terms of oral health still remain particularly among under-privileged groups in developed and emerging countries. Dental caries and periodontal diseases have historically been considered the most important global oral health burdens. According to FDI World Dental Federation, oral and dental diseases affect around 4 billion people all across the globe. Thus, around half of the population around the world is suffering from dental diseases. The risk factors associated with the oral diseases include tobacco chewing, alcohol consumption, cigarette smoking, unhealthy diet and others. Additionally, oral diseases and disorders are associated with acute and chronic infections causing significant pain and anxiety that can result in an impaired quality of life. Thus, the rising prevalence of the dental disorders is going to stimulate the market growth and development.

Restraints:
  • Adoption of Refurbished Dental Autoclaves

The rising adoption rate of the refurbished dental autoclaves instead of the new ones in the under developed countries and economies is likely to have a negative impact on the market growth and development. This is because the cost associated with the refurbished dental autoclaves is often lower and cheaper than that of the new dental autoclaves.

Opportunities:
  • Technological Advancements

The global dental autoclaves market is forecast to witness technological advancements and innovations in future. The key players catering to this industry is making significant developments and differentiations. The ongoing development of cost-effective coupled with technological advanced dental autoclaves through continuous R&D investments is one of the key strategies adopted by the key players. These companies are also planning to make partnerships and strategic alliances with surgical dentists which will focus on enhancing brand identity through marketing and advertising. Furthermore, the government schemes and initiatives in maintaining the oral health amongst the population will have a positive impact on the market growth. Thus, this factor will provide potential opportunities for the market to grow and flourish.

Challenges:
  • Noncompliance With Sterilization Standards

The dental clinics and hospitals not complying by the rules and regulations of the sterilization process may pose a serious threat and challenge for the market development. Often improper sterilization coupled with inadequate high-level disinfection of medical equipment can have devastating effects on patients. The sophistication of medical/surgical procedures has resulted in new generation of instruments and medical devices. These devices can vary in size, complexity, immersibility and weight. In addition, these devices can vary in disinfecting, cleaning, and sterilization processes. Improper sterilization of these devices often causes patients to suffer as this will put patient into the risk of contamination of germs and bacteria.

Segmentation Analysis:

The global dental autoclaves market has been segmented based on type, application, and regions.

  • The type segment is divided intosemi-automatic, automatic and manual. The automatic segment dominated the dental autoclaves market with a market share of around 24% in 2020.The segment growth is attributed because of the rising adoption of the automatic dental autoclaves in the hospitals and dental clinics. However, semi-automatic segment is expected to grow at the highest CAGR of 7.5% during the forecast period.
  • The application segment includes hospitals, dental clinics and academic/research institutes. The dental clinics segment dominated the market growth in around 31% in 2020. The segment growth is attributed owing to the increasing oral checkups in dental clinics all across the globe. Additionally, the hospitals segment is expected to register highest growth during the forecast period.
Regional Segmentation Analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and the Middle East and Africa. North America region emerged as the largest market for the global dental autoclaves market with a 45.0% share of the market revenue in 2020.

  • The regional growth is attributed because of the government initiatives and regulations.The introduction of Comprehensive Dental Reform Act of 2015 by the U.S. government has enriched the reimbursement options for dental healthcare services, thus stimulating the growth of dental autoclave market share. Furthermore, presence of high number of dentists in this region, will help increase adoption of dental autoclaves for their clinics.
  • Asia Pacific regional market is projected to register the highest growth. The regional growth is attributed because of the rising geriatric population in the region. Rising geriatric population vulnerable and prone to dental disorders and oral diseases. This factor will provide opportunities for the regional market growth. Additionally, the growing number of dental procedures coupled with the concern for safe medical practices will have a positive impact.

North America Region Dental Autoclaves Market Share in 2020 - 45.0%

 

www.thebrainyinsights.com

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

Competitive Analysis:

The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances and partnerships to improve their market position in the global dental autoclaves industry.

In October 2019, Midmark announced the restitution of their product Midmark M11 and M9 steam sterilizers. These sterilizers are superior and are equipped with advanced drying attributes and abilities. Furthermore, the upgradations of the above products are predicted to boost the sales and revenue of the company.

In October 2018, Flight Dental Systems launched Flight CLAVE23+ and CLAVE16+ autoclaves. The upgradations of the products resulted in infusion of pressure pulsing sterilizers coupled along qith unique features.

List of Key Market Players:

  • Tuttnauer
  • Cook Medical Inc.
  • W&H Dentelwerk International
  • Thermo Fisher Scientific Inc.
  • Priorclave Ltd.
  • Straumann AG
  • Dentsply International, Inc.
  • 3M ESPE
  • Sirona Dental Systems, Inc.
  • Antonio Matachana S.A.
  • SystecGmbh
  • FONA Dental, S.R.O.

Key Target Audience

  • Dental Organizations
  • Healthcare companies
  • Research Institutions
  • Investors
  • Government Authorities and R&D Institutions
  • Food and Drug Administration
  • Consulting And Research Firm

Report Description:

  • Global Dental Autoclaves Market, Industry Analysis, Trends, Analysis and Forecast, 2021 to 2030 is a forthcoming/imminent research report which is to be published by The Brainy Insights.
  • 2020 is considered as the base year of the report. 2018 and 2019 are considered as the historic years and 2021 to 2030 are the forecast years. The global dental autoclaves market is based on revenue (USD Billion), volume (Units) and price. The report incorporates the market study on the basis of revenue, and volume. The study covers the market share revenue/market share/volume for each of the segments, regions and countries catering to global dental autoclaves market. The regions analyzed for the market are Europe, Asia Pacific, North America, South America and Middle East &Africa. Furthermore, the regions are further analyzed at the country level.
  • The report encompasses with the relative data &information, which have been validated by the leading industry professionals and experts all across the globe. The research report also delivers an outline of the attractiveness of dental autoclaves market on the basis of type, application and regions which are deduced and formulated on the basis of their growth rate (CAGR), market size, and attractiveness by analyzing the present and future prospects to fathom market growth and development in future.
  • The report illustrates the detailed (both quantitative and qualitative) analysis of historical data, revenues, key developments, along with the crucial strategies adopted by key organizations catering to global dental autoclaves market. This offers vital and in depth insights in order to depict the overall market scenario.
  • The report offers the detailed study for the company profiles of key organizations operating in the global dental autoclaves market and a comparative assessment based on their product offering, business overviews, geographic presence, business strategies, segment market share, product development & innovations, recent developments, joint venture, partnerships, mergers & acquisitions, strategic alliances, SWOT analysis, and key financial information. This helps in evaluating the overall competition present in the market scenario.
  • The report provides an elaborative assessment of the porter’s five forces analysis coupled with SWOT analysis so as to provide business related data and information’s. Porter’s five forces model is analyzed to understand the overall competitive scenario that is prevailing in the market. Additionally, the SWOT analysis identifies both the positive and negative attributes of the market development which influences the company growth and development in order to sustain and survive in the long run.
  • Along with that, the report also focuses on the market related driving factors, growth limitations (restraints), potential industry opportunities, significant trends and development which acts as a key potential for the investors.
  • Potential growth prospects along with the penetration rate analysis of the products (market related i.e., global dental autoclaves market) is covered in order to comprehend the adoption rate and evaluate the market size.

Frequesntly Asked Questions

As per the brainy insights, the size of the dental autoclaves market was valued at USD 1.49 billion in 2020 and is expected to grow to USD 4.25 billion by 2030.

Global dental autoclaves market is growing at a CAGR of 7.11% during the forecast period 2021-2030.

The global dental autoclaves market has been segmented based on type, application, and regions. The services segment led the dental autoclaves market. The semi-automatic segment is estimated to grow at the highest CAGR.

North America region emerged as the largest market for the global dental autoclaves market.

Rising prevalence of dental disorders and oral infections is the key driving factor for the dental autoclaves market.

Adoption of refurbished dental autoclaves with dental autoclaves may hamper the market growth.

Technological advancements by the key players catering to the dental autoclaves market will provide huge opportunities in future.

Key players are Tuttnauer, Cook Medical Inc., W&H Dentelwerk International, Thermo Fisher Scientific Inc., Priorclave Ltd., Straumann AG and others.

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 Type
          4.3.2. Market Attractiveness Analysis By Application
          4.3.3. Market Attractiveness Analysis By Region
    4.4. Industry Trends

5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
          5.2.1. Increasing demand for automatic bench-top dental autoclaves
          5.2.2. Rising prevalence of dental disorders
    5.3. Restraints
          5.3.1. Adoption of refurbished dental autoclaves
    5.4. Opportunities
          5.4.1. Technological Advancements
    5.5. Challenges
          5.5.1. Growing Consolidation of Dental Facilities

6. Global Dental Autoclaves Market Analysis and Forecast, By Type
    6.1. Segment Overview
    6.2. Automatic
    6.3. Semi-automatic
    6.4. Manual

7. Global Dental Autoclaves Market Analysis and Forecast, By Application
    7.1. Segment Overview
    7.2. Hospitals
    7.3. Dental Clinics
    7.4. Academic/Research Institutes

8. Global Dental Autoclaves MarketAnalysis and Forecast, By Regional Analysis
    8.1. Segment Overview
    8.2. North America
          8.2.1. U.S.
          8.2.2. Canada
          8.2.3. Mexico
    8.3. Europe
          8.3.1. Germany
          8.3.2. France
          8.3.3. U.K.
          8.3.4. Italy
          8.3.5. Spain
    8.4. Asia-Pacific
          8.4.1. Japan
          8.4.2. China
          8.4.3. India
    8.5. South America
          8.5.1. Brazil
    8.6. Middle East and Africa
          8.6.1. UAE
          8.6.2. South Africa

9. Global Dental Autoclaves Market-Competitive Landscape
    9.1. Overview
    9.2. Market Share of Key Players in the Dental Autoclaves Market
          9.2.1. Global Company Market Share
          9.2.2. North America Company Market Share
          9.2.3. Europe Company Market Share
          9.2.4. APAC Company Market Share
    9.3. Competitive Situations and Trends
          9.3.1. Product Launches and Developments
          9.3.2. Partnerships, Collaborations, and Agreements
          9.3.3. Mergers & Acquisitions
          9.3.4. Expansions

10. Company Profiles
    10.1. Cook Medical Inc.
          10.1.1. Business Overview
          10.1.2. Company Snapshot
          10.1.3. Company Market Share Analysis
          10.1.4. Company Component Portfolio
          10.1.5. Recent Developments
          10.1.6. SWOT Analysis
    10.2. W&H Dentelwerk International
          10.2.1. Business Overview
          10.2.2. Company Snapshot
          10.2.3. Company Market Share Analysis
          10.2.4. Company Component Portfolio
          10.2.5. Recent Developments
          10.2.6. SWOT Analysis
    10.3. Thermo Fisher Scientific Inc.
          10.3.1. Business Overview
          10.3.2. Company Snapshot
          10.3.3. Company Market Share Analysis
          10.3.4. Company Component Portfolio
          10.3.5. Recent Developments
          10.3.6. SWOT Analysis
    10.4. Priorclave Ltd.
          10.4.1. Business Overview
          10.4.2. Company Snapshot
          10.4.3. Company Market Share Analysis
          10.4.4. Company Component Portfolio
          10.4.5. Recent Developments
          10.4.6. SWOT Analysis
    10.5. Straumann AG
          10.5.1. Business Overview
          10.5.2. Company Snapshot
          10.5.3. Company Market Share Analysis
          10.5.4. Company Component Portfolio
          10.5.5. Recent Developments
          10.5.6. SWOT Analysis
    10.6. Dentsply International, Inc.
          10.6.1. Business Overview
          10.6.2. Company Snapshot
          10.6.3. Company Market Share Analysis
          10.6.4. Company Component Portfolio
          10.6.5. Recent Developments
          10.6.6. SWOT Analysis
    10.7. 3M ESPE
          10.7.1. Business Overview
          10.7.2. Company Snapshot
          10.7.3. Company Market Share Analysis
          10.7.4. Company Component Portfolio
          10.7.5. Recent Developments
          10.7.6. SWOT Analysis
    10.8. Sirona Dental Systems, Inc.
          10.8.1. Business Overview
          10.8.2. Company Snapshot
          10.8.3. Company Market Share Analysis
          10.8.4. Company Component Portfolio
          10.8.5. Recent Developments
          10.8.6. SWOT Analysis
    10.9. Antonio Matachana S.A.
          10.9.1. Business Overview
          10.9.2. Company Snapshot
          10.9.3. Company Market Share Analysis
          10.9.4. Company Component Portfolio
          10.9.5. Recent Developments
          10.9.6. SWOT Analysis
    10.10. Systec Gmbh
          10.10.1. Business Overview
          10.10.2. Company Snapshot
          10.10.3. Company Market Share Analysis
          10.10.4. Company Component Portfolio
          10.10.5. Recent Developments
          10.10.6. SWOT Analysis
    10.11. FONA Dental, S.R.O.
          10.11.1. Business Overview
          10.11.2. Company Snapshot
          10.11.3. Company Market Share Analysis
          10.11.4. Company Component Portfolio
          10.11.5. Recent Developments
          10.11.6. SWOT Analysis
    10.12. Labocon Scientific Limited
          10.12.1. Business Overview
          10.12.2. Company Snapshot
          10.12.3. Company Market Share Analysis
          10.12.4. Company Component Portfolio
          10.12.5. Recent Developments
          10.12.6. SWOT Analysis
 

List of Table

1. Global Dental Autoclaves Market, By Type, 2018-2030 (USD Billion) (Units)

2. Global Automatic Dental Autoclaves Market, By Region, 2018-2030 (USD Billion) (Units)

3. Global Semi-automatic Dental Autoclaves Market, By Region, 2018-2030 (USD Billion) (Units)

4. Global Manual Dental Autoclaves Market, By Region, 2018-2030 (USD Billion) (Units)

5. Global Dental Autoclaves Market, By Application, 2018-2030 (USD Billion) (Units)

6. Global Hospitals Dental Autoclaves Market, By Region, 2018-2030 (USD Billion) (Units)

7. Global Dental Clinics Dental Autoclaves Market, By Region, 2018-2030 (USD Billion) (Units)

8. Global Academic/Research Institutes Dental Autoclaves Market, By Region, 2018-2030 (USD Billion) (Units)

9. Global Dental Autoclaves Market, By Region, 2018-2030 (USD Billion) (Units)

10. North America Dental Autoclaves Market, By Type, 2018-2030 (USD Billion) (Units)

11. North America Dental Autoclaves Market, By Application, 2018-2030 (USD Billion) (Units)

12. U.S. Dental Autoclaves Market, By Type, 2018-2030 (USD Billion) (Units)

13. U.S. Dental Autoclaves Market, By Application, 2018-2030 (USD Billion) (Units)

14. Canada Dental Autoclaves Market, By Type, 2018-2030 (USD Billion) (Units)

15. Canada Dental Autoclaves Market, By Application, 2018-2030 (USD Billion) (Units)

16. Mexico Dental Autoclaves Market, By Type, 2018-2030 (USD Billion) (Units)

17. Mexico Dental Autoclaves Market, By Application, 2018-2030 (USD Billion) (Units)

18. Europe Dental Autoclaves Market, By Type, 2018-2030 (USD Billion) (Units)

19. Europe Dental Autoclaves Market, By Application, 2018-2030 (USD Billion) (Units)

20. Germany Dental Autoclaves Market, By Type, 2018-2030 (USD Billion) (Units)

21. Germany Dental Autoclaves Market, By Application, 2018-2030 (USD Billion) (Units)

22. France Dental Autoclaves Market, By Type, 2018-2030 (USD Billion) (Units)

23. France Dental Autoclaves Market, By Application, 2018-2030 (USD Billion) (Units)

24. U.K. Dental Autoclaves Market, By Type, 2018-2030 (USD Billion) (Units)

25. U.K. Dental Autoclaves Market, By Application, 2018-2030 (USD Billion) (Units)

26. Italy Dental Autoclaves Market, By Type, 2018-2030 (USD Billion) (Units)

27. Italy Dental Autoclaves Market, By Application, 2018-2030 (USD Billion) (Units)

28. Spain Dental Autoclaves Market, By Type, 2018-2030 (USD Billion) (Units)

29. Spain Dental Autoclaves Market, By Application, 2018-2030 (USD Billion) (Units)

30. Asia Pacific Dental Autoclaves Market, By Type, 2018-2030 (USD Billion) (Units)

31. Asia Pacific Dental Autoclaves Market, By Application, 2018-2030 (USD Billion) (Units)

32. Japan Dental Autoclaves Market, By Type, 2018-2030 (USD Billion) (Units)

33. Japan Dental Autoclaves Market, By Application, 2018-2030 (USD Billion) (Units)

34. China Dental Autoclaves Market, By Type, 2018-2030 (USD Billion) (Units)

35. China Dental Autoclaves Market, By Application, 2018-2030 (USD Billion) (Units)

36. India Dental Autoclaves Market, By Type, 2018-2030 (USD Billion) (Units)

37. India Dental Autoclaves Market, By Application, 2018-2030 (USD Billion) (Units)

38. South America Dental Autoclaves Market, By Type, 2018-2030 (USD Billion) (Units)

39. South America Dental Autoclaves Market, By Application, 2018-2030 (USD Billion) (Units)

40. Brazil Dental Autoclaves Market, By Type, 2018-2030 (USD Billion) (Units)

41. Brazil Dental Autoclaves Market, By Application, 2018-2030 (USD Billion) (Units)

42. Middle East and Africa Dental Autoclaves Market, By Type, 2018-2030 (USD Billion) (Units)

43. Middle East and Africa Dental Autoclaves Market, By Application, 2018-2030 (USD Billion) (Units)

44. UAE Dental Autoclaves Market, By Type, 2018-2030 (USD Billion) (Units)

45. UAE Dental Autoclaves Market, By Application, 2018-2030 (USD Billion) (Units)

46. South Africa Dental Autoclaves Market, By Type, 2018-2030 (USD Billion) (Units)

47. South Africa Dental Autoclaves Market, By Application, 2018-2030 (USD Billion) (Units)

List of Figures 

1. Global Dental Autoclaves Market Segmentation

2. Dental Autoclaves Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis 

7. Value Chain Analysis 

8. Global Dental Autoclaves Market Attractiveness Analysis By Type

9. Global Dental Autoclaves Market Attractiveness Analysis By Application

10. Global Dental Autoclaves Market Attractiveness Analysis By Region

11. Global Dental Autoclaves Market: Dynamics

12. Global Dental Autoclaves Market Share by Type (2020 & 2030)

13. Global Dental Autoclaves Market Share by Application (2020 & 2030)

14. Global Dental Autoclaves Market Share by Regions (2020 & 2030)

15. Global Dental Autoclaves Market Share by Company (2020)

This study forecasts revenue at global, regional, and country levels from 2018 to 2030. The Brainy Insights has segmented the global dental autoclaves market on the basis of below mentioned segments:

Global Dental Autoclaves Market by Derivatives:

  • Semi-automatic
  • Automatic
  • Manual

Global Dental Autoclaves Market by Application:

  • Hospitals
  • Dental Clinics
  • Academic/Research Institutes

Global Dental Autoclaves Market 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