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Global Point-of-Care Testing (POCT) Market Analysis By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 1/12/2023
  • NO OF PAGES
  • 251
  • CATEGORY
  • Healthcare & Life Sciences
Point-of-Care Testing (POCT) market report presents a global overview of market shares, size, statistics, trends, demand, revenue and growth opportunities by key players, regions and countries. This report offers a complete market overview during the past, present, and the forecast period till 2032 which helps to identify future opportunities, risk factors, growing areas. Report also highlight on recent developments, technological innovations, market affecting factors, demographics analysis, demand and supply chain which gives brief strategy of market growth during the forecast period. It also gives in-depth insights on SWOT and PESTLE analysis based on industry segmentations and regional developments.

Market Overview:
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Point-of-Care Testing (POCT) market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.

Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Point-of-Care Testing (POCT) manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Point-of-Care Testing (POCT) market covering all its essential aspects.

Global Point-of-Care Testing (POCT) Market: Segmentations

Global Point-of-Care Testing (POCT) Market: By Key Players
Roche
Abbott
Johnson & Johnson
Siemens Healthcare
Danaher
Ascensia
Bio-Rad Laboratories
BioMerieux
ARKRAY
Nova Biomedical
Trividia Health
Quidel
Accriva
OraSure Technologies
Helena Laboratories
A. Menarini Diagnostics
Abaxis (Zoetis)
Ortho Clinical Diagnostics
Phamatech
Chembio Diagnostics
Trinity Biotech
ELITech Group
Response Biomedical
Princeton BioMeditech
Alfa Wassermann

Global Point-of-Care Testing (POCT) Market: By Types
Blood Glucose Testing
Infectious Diseases Testing
Cardiac Markers Testing
Coagulation Testing
Pregnancy and Fertility Testing
Blood Gas/Electrolytes Testing
Urinalysis Testing

Global Point-of-Care Testing (POCT) Market: By Applications
Clinics
Hospitals
Laboratory



Global Point-of-Care Testing (POCT) Market: Regional Analysis
The countries covered in the regional analysis of the Global Point-of-Care Testing (POCT) market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Point-of-Care Testing (POCT) market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Point-of-Care Testing (POCT) would help in identifying future applications in this market.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Objectives of the Study:
• To provide with an exhaustive analysis on the Point-of-Care Testing (POCT) Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Point-of-Care Testing (POCT) Revenue
1.4 Market Analysis by Type
1.4.1 Global Point-of-Care Testing (POCT) Market Size Growth Rate by Type: 2023 VS 2032
1.4.2 Blood Glucose Testing
1.4.3 Infectious Diseases Testing
1.4.4 Cardiac Markers Testing
1.4.5 Coagulation Testing
1.4.6 Pregnancy and Fertility Testing
1.4.7 Blood Gas/Electrolytes Testing
1.4.8 Urinalysis Testing
1.5 Market by Application
1.5.1 Global Point-of-Care Testing (POCT) Market Share by Application: 2023-2032
1.5.2 Clinics
1.5.3 Hospitals
1.5.4 Laboratory
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Point-of-Care Testing (POCT) Market
1.8.1 Global Point-of-Care Testing (POCT) Market Status and Outlook (2017-2032)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Point-of-Care Testing (POCT) Production Capacity Market Share by Manufacturers (2017-2022)
2.2 Global Point-of-Care Testing (POCT) Revenue Market Share by Manufacturers (2017-2022)
2.3 Global Point-of-Care Testing (POCT) Average Price by Manufacturers (2017-2022)
2.4 Manufacturers Point-of-Care Testing (POCT) Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Point-of-Care Testing (POCT) Sales Volume Market Share by Region (2017-2022)
3.2 Global Point-of-Care Testing (POCT) Sales Revenue Market Share by Region (2017-2022)
3.3 North America Point-of-Care Testing (POCT) Sales Volume
3.3.1 North America Point-of-Care Testing (POCT) Sales Volume Growth Rate (2017-2022)
3.3.2 North America Point-of-Care Testing (POCT) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.4 East Asia Point-of-Care Testing (POCT) Sales Volume
3.4.1 East Asia Point-of-Care Testing (POCT) Sales Volume Growth Rate (2017-2022)
3.4.2 East Asia Point-of-Care Testing (POCT) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe Point-of-Care Testing (POCT) Sales Volume (2017-2022)
3.5.1 Europe Point-of-Care Testing (POCT) Sales Volume Growth Rate (2017-2022)
3.5.2 Europe Point-of-Care Testing (POCT) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.6 South Asia Point-of-Care Testing (POCT) Sales Volume (2017-2022)
3.6.1 South Asia Point-of-Care Testing (POCT) Sales Volume Growth Rate (2017-2022)
3.6.2 South Asia Point-of-Care Testing (POCT) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.7 Southeast Asia Point-of-Care Testing (POCT) Sales Volume (2017-2022)
3.7.1 Southeast Asia Point-of-Care Testing (POCT) Sales Volume Growth Rate (2017-2022)
3.7.2 Southeast Asia Point-of-Care Testing (POCT) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.8 Middle East Point-of-Care Testing (POCT) Sales Volume (2017-2022)
3.8.1 Middle East Point-of-Care Testing (POCT) Sales Volume Growth Rate (2017-2022)
3.8.2 Middle East Point-of-Care Testing (POCT) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.9 Africa Point-of-Care Testing (POCT) Sales Volume (2017-2022)
3.9.1 Africa Point-of-Care Testing (POCT) Sales Volume Growth Rate (2017-2022)
3.9.2 Africa Point-of-Care Testing (POCT) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.10 Oceania Point-of-Care Testing (POCT) Sales Volume (2017-2022)
3.10.1 Oceania Point-of-Care Testing (POCT) Sales Volume Growth Rate (2017-2022)
3.10.2 Oceania Point-of-Care Testing (POCT) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.11 South America Point-of-Care Testing (POCT) Sales Volume (2017-2022)
3.11.1 South America Point-of-Care Testing (POCT) Sales Volume Growth Rate (2017-2022)
3.11.2 South America Point-of-Care Testing (POCT) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.12 Rest of the World Point-of-Care Testing (POCT) Sales Volume (2017-2022)
3.12.1 Rest of the World Point-of-Care Testing (POCT) Sales Volume Growth Rate (2017-2022)
3.12.2 Rest of the World Point-of-Care Testing (POCT) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
4 North America
4.1 North America Point-of-Care Testing (POCT) Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Point-of-Care Testing (POCT) Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Point-of-Care Testing (POCT) Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Point-of-Care Testing (POCT) Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Point-of-Care Testing (POCT) Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Point-of-Care Testing (POCT) Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Point-of-Care Testing (POCT) Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Point-of-Care Testing (POCT) Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Point-of-Care Testing (POCT) Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Point-of-Care Testing (POCT) Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Point-of-Care Testing (POCT) Sales Volume Market Share by Type (2017-2022)
14.2 Global Point-of-Care Testing (POCT) Sales Revenue Market Share by Type (2017-2022)
14.3 Global Point-of-Care Testing (POCT) Sales Price by Type (2017-2022)
15 Consumption Analysis by Application
15.1 Global Point-of-Care Testing (POCT) Consumption Volume by Application (2017-2022)
15.2 Global Point-of-Care Testing (POCT) Consumption Value by Application (2017-2022)
16 Company Profiles and Key Figures in Point-of-Care Testing (POCT) Business
16.1 Roche
16.1.1 Roche Company Profile
16.1.2 Roche Point-of-Care Testing (POCT) Product Specification
16.1.3 Roche Point-of-Care Testing (POCT) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.2 Abbott
16.2.1 Abbott Company Profile
16.2.2 Abbott Point-of-Care Testing (POCT) Product Specification
16.2.3 Abbott Point-of-Care Testing (POCT) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.3 Johnson & Johnson
16.3.1 Johnson & Johnson Company Profile
16.3.2 Johnson & Johnson Point-of-Care Testing (POCT) Product Specification
16.3.3 Johnson & Johnson Point-of-Care Testing (POCT) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.4 Siemens Healthcare
16.4.1 Siemens Healthcare Company Profile
16.4.2 Siemens Healthcare Point-of-Care Testing (POCT) Product Specification
16.4.3 Siemens Healthcare Point-of-Care Testing (POCT) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.5 Danaher
16.5.1 Danaher Company Profile
16.5.2 Danaher Point-of-Care Testing (POCT) Product Specification
16.5.3 Danaher Point-of-Care Testing (POCT) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.6 Ascensia
16.6.1 Ascensia Company Profile
16.6.2 Ascensia Point-of-Care Testing (POCT) Product Specification
16.6.3 Ascensia Point-of-Care Testing (POCT) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.7 Bio-Rad Laboratories
16.7.1 Bio-Rad Laboratories Company Profile
16.7.2 Bio-Rad Laboratories Point-of-Care Testing (POCT) Product Specification
16.7.3 Bio-Rad Laboratories Point-of-Care Testing (POCT) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.8 BioMerieux
16.8.1 BioMerieux Company Profile
16.8.2 BioMerieux Point-of-Care Testing (POCT) Product Specification
16.8.3 BioMerieux Point-of-Care Testing (POCT) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.9 ARKRAY
16.9.1 ARKRAY Company Profile
16.9.2 ARKRAY Point-of-Care Testing (POCT) Product Specification
16.9.3 ARKRAY Point-of-Care Testing (POCT) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.10 Nova Biomedical
16.10.1 Nova Biomedical Company Profile
16.10.2 Nova Biomedical Point-of-Care Testing (POCT) Product Specification
16.10.3 Nova Biomedical Point-of-Care Testing (POCT) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.11 Trividia Health
16.11.1 Trividia Health Company Profile
16.11.2 Trividia Health Point-of-Care Testing (POCT) Product Specification
16.11.3 Trividia Health Point-of-Care Testing (POCT) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.12 Quidel
16.12.1 Quidel Company Profile
16.12.2 Quidel Point-of-Care Testing (POCT) Product Specification
16.12.3 Quidel Point-of-Care Testing (POCT) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.13 Accriva
16.13.1 Accriva Company Profile
16.13.2 Accriva Point-of-Care Testing (POCT) Product Specification
16.13.3 Accriva Point-of-Care Testing (POCT) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.14 OraSure Technologies
16.14.1 OraSure Technologies Company Profile
16.14.2 OraSure Technologies Point-of-Care Testing (POCT) Product Specification
16.14.3 OraSure Technologies Point-of-Care Testing (POCT) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.15 Helena Laboratories
16.15.1 Helena Laboratories Company Profile
16.15.2 Helena Laboratories Point-of-Care Testing (POCT) Product Specification
16.15.3 Helena Laboratories Point-of-Care Testing (POCT) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.16 A. Menarini Diagnostics
16.16.1 A. Menarini Diagnostics Company Profile
16.16.2 A. Menarini Diagnostics Point-of-Care Testing (POCT) Product Specification
16.16.3 A. Menarini Diagnostics Point-of-Care Testing (POCT) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.17 Abaxis (Zoetis)
16.17.1 Abaxis (Zoetis) Company Profile
16.17.2 Abaxis (Zoetis) Point-of-Care Testing (POCT) Product Specification
16.17.3 Abaxis (Zoetis) Point-of-Care Testing (POCT) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.18 Ortho Clinical Diagnostics
16.18.1 Ortho Clinical Diagnostics Company Profile
16.18.2 Ortho Clinical Diagnostics Point-of-Care Testing (POCT) Product Specification
16.18.3 Ortho Clinical Diagnostics Point-of-Care Testing (POCT) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.19 Phamatech
16.19.1 Phamatech Company Profile
16.19.2 Phamatech Point-of-Care Testing (POCT) Product Specification
16.19.3 Phamatech Point-of-Care Testing (POCT) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.20 Chembio Diagnostics
16.20.1 Chembio Diagnostics Company Profile
16.20.2 Chembio Diagnostics Point-of-Care Testing (POCT) Product Specification
16.20.3 Chembio Diagnostics Point-of-Care Testing (POCT) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.21 Trinity Biotech
16.21.1 Trinity Biotech Company Profile
16.21.2 Trinity Biotech Point-of-Care Testing (POCT) Product Specification
16.21.3 Trinity Biotech Point-of-Care Testing (POCT) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.22 ELITech Group
16.22.1 ELITech Group Company Profile
16.22.2 ELITech Group Point-of-Care Testing (POCT) Product Specification
16.22.3 ELITech Group Point-of-Care Testing (POCT) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.23 Response Biomedical
16.23.1 Response Biomedical Company Profile
16.23.2 Response Biomedical Point-of-Care Testing (POCT) Product Specification
16.23.3 Response Biomedical Point-of-Care Testing (POCT) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.24 Princeton BioMeditech
16.24.1 Princeton BioMeditech Company Profile
16.24.2 Princeton BioMeditech Point-of-Care Testing (POCT) Product Specification
16.24.3 Princeton BioMeditech Point-of-Care Testing (POCT) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.25 Alfa Wassermann
16.25.1 Alfa Wassermann Company Profile
16.25.2 Alfa Wassermann Point-of-Care Testing (POCT) Product Specification
16.25.3 Alfa Wassermann Point-of-Care Testing (POCT) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
17 Point-of-Care Testing (POCT) Manufacturing Cost Analysis
17.1 Point-of-Care Testing (POCT) Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Point-of-Care Testing (POCT)
17.4 Point-of-Care Testing (POCT) Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Point-of-Care Testing (POCT) Distributors List
18.3 Point-of-Care Testing (POCT) Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Point-of-Care Testing (POCT) (2023-2032)
20.2 Global Forecasted Revenue of Point-of-Care Testing (POCT) (2023-2032)
20.3 Global Forecasted Price of Point-of-Care Testing (POCT) (2017-2032)
20.4 Global Forecasted Production of Point-of-Care Testing (POCT) by Region (2023-2032)
20.4.1 North America Point-of-Care Testing (POCT) Production, Revenue Forecast (2023-2032)
20.4.2 East Asia Point-of-Care Testing (POCT) Production, Revenue Forecast (2023-2032)
20.4.3 Europe Point-of-Care Testing (POCT) Production, Revenue Forecast (2023-2032)
20.4.4 South Asia Point-of-Care Testing (POCT) Production, Revenue Forecast (2023-2032)
20.4.5 Southeast Asia Point-of-Care Testing (POCT) Production, Revenue Forecast (2023-2032)
20.4.6 Middle East Point-of-Care Testing (POCT) Production, Revenue Forecast (2023-2032)
20.4.7 Africa Point-of-Care Testing (POCT) Production, Revenue Forecast (2023-2032)
20.4.8 Oceania Point-of-Care Testing (POCT) Production, Revenue Forecast (2023-2032)
20.4.9 South America Point-of-Care Testing (POCT) Production, Revenue Forecast (2023-2032)
20.4.10 Rest of the World Point-of-Care Testing (POCT) Production, Revenue Forecast (2023-2032)
20.5 Forecast by Type and by Application (2023-2032)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2023-2032)
20.5.2 Global Forecasted Consumption of Point-of-Care Testing (POCT) by Application (2023-2032)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Point-of-Care Testing (POCT) by Country
21.2 East Asia Market Forecasted Consumption of Point-of-Care Testing (POCT) by Country
21.3 Europe Market Forecasted Consumption of Point-of-Care Testing (POCT) by Countriy
21.4 South Asia Forecasted Consumption of Point-of-Care Testing (POCT) by Country
21.5 Southeast Asia Forecasted Consumption of Point-of-Care Testing (POCT) by Country
21.6 Middle East Forecasted Consumption of Point-of-Care Testing (POCT) by Country
21.7 Africa Forecasted Consumption of Point-of-Care Testing (POCT) by Country
21.8 Oceania Forecasted Consumption of Point-of-Care Testing (POCT) by Country
21.9 South America Forecasted Consumption of Point-of-Care Testing (POCT) by Country
21.10 Rest of the world Forecasted Consumption of Point-of-Care Testing (POCT) by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer

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Market Research Process




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To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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