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Cancer Immunotherapy Drug Discovery Outsourcing Market

Cancer Immunotherapy Drug Discovery Outsourcing Market Trends & Growth Analysis – Latest Insights

Base Year: 2021 Historical Data: 2019-20
  • Report ID: TBI-12862
  • Published Date: Aug, 2022
  • Pages: 234
  • Category: Healthcare
  • Format: PDF
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Market Dynamics

Drivers

  • The increase in the number of cancer patients

The increasing trend of a lifestyle with no physical exercise & unhealthy diet has led to an increase in the number of individuals suffering from cancer. The growing consumption of processed food & beverages with increased sugar content has contributed to the growing pool of cancer patients. The growing geriatric population has contributed to the rising pool of cancer patients. Increasing alcohol and tobacco consumption has also contributed significantly to the growing number of patients. Exposure to UV rays and harmful pollutants also increases the risk of skin cancer and lung cancer, respectively. Various treatments are deployed to treat the ever-increasing number of patients suffering from cancer, which will drive the global cancer immunotherapy drug discovery outsourcing market. The increased awareness about cancer causes, symptoms, and treatments, including the new immunotherapy and drugs, will also contribute to the growing market.

Restraints

  • Cancer immunotherapy drug discovery outsourcing is expensive

Extensive capital is utilized in developing drugs and treatments used to treat cancers. Market players use the latest technologies and innovations to improve the efficacy and safety of drugs, therapies, and treatments. Such technologies are expensive, making treatments costly. The extensive and multiple stages of trials and regulatory approvals further add to the costs of the company. The high costs of cancer immunotherapy drug discovery outsourcing treatments will hamper the market's growth.

Opportunities

  • Increased technological advancements, scientific breakthroughs, research and development

With the increased demand for cancer treatments, major players are increasingly investing in developing better diagnostics, drugs, devices, technology, and treatment options. The growing awareness about cancer immunotherapy drug discovery outsourcing has opened new avenues for market players. The establishment of contract research organizations to provide enhanced services at lower costs and more expertise has opened new avenues for the market players. The increase in government funding to develop better public healthcare infrastructure has contributed to increased research in the public healthcare industry for better treatment options. Major market players are collaborating and partnering to develop advanced technology and diagnosis for cancer immunotherapy drug discovery outsourcing to capture a significant market in emerging economies. Other such developments and advancements in the cancer immunotherapy drug discovery outsourcing market will make the industry competitive and help it become more efficient, providing the necessary impetus to its growth and lucrative opportunities for the market players.

Challenges

  • Stringent government regulations

The innovations in cancer immunotherapy drug discovery outsourcing treatments are tested thoroughly via different methods before they are approved for clinical cases at hospitals and clinics. Even after positive trial results, the treatments must be approved by relevant authorities. The authorities maintain high compliance and accountability standards to safeguard the target audience's interests and save them from any ill effects of such treatments or drugs. The scrutiny that the market players must go through is time-consuming. The market players lose valuable time in the approval process, which is sometimes delayed due to administrative difficulties. The time lost leads to capital losses for market players as the window to earn supernormal profits and cover the heavy costs incurred for research and development is gone. Therefore, extensive regulatory compliance checks can challenge the growth of the market.

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  • Further segmentation of the market on the basis of type, application, end use, product, technology, method, process and any other segment depending on the market
  • Segmentation on the basis of any specific country or region
  • Any segment can be classified on the basis of application
  • Application segment can be further divided on the basis of companies
  • The companies profiled are not limited, we can incorporate additional companies of your choice
  • We can split the company market share on the basis of product, application and region
  • Report can be prepared for any specific country/region/segment
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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 Drug Type
          4.3.2. Market Attractiveness Analysis by Cancer Type
          4.3.3. Market Attractiveness Analysis by Service Type
          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 increase in number of cancer patients
    5.3. Restraints
          5.3.1. Cancer immunotherapy drug discovery outsourcing is expensive
    5.4. Opportunities
          5.4.1. Increased technological advancements, scientific breakthroughs, research and development
    5.5. Challenges
          5.5.1. Stringent government regulations

6. Global Cancer Immunotherapy Drug Discovery Outsourcing Market Analysis and Forecast, By Drug Type
    6.1. Segment Overview
    6.2. Immunomodulators
    6.3. Oncolytic Viral Therapies and Cancer Vaccines
    6.4. Monoclonal Antibodies
    6.5. Others

7. Global Cancer Immunotherapy Drug Discovery Outsourcing Market Analysis and Forecast, By Cancer Type
    7.1. Segment Overview
    7.2. Breast
    7.3. Melanoma
    7.4. Prostate
    7.5. Lung
    7.6. Head & Neck
    7.7. Colorectal
    7.8. Ovarian
    7.9. Pancreatic

8. Global Cancer Immunotherapy Drug Discovery Outsourcing Market Analysis and Forecast, By Service Type
    8.1. Segment Overview
    8.2. Cell-Base Assays
    8.3. Target Identification and Validation
    8.4. Lead Screening and Characterization

9. Global Cancer Immunotherapy Drug Discovery Outsourcing 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 Cancer Immunotherapy Drug Discovery Outsourcing Market-Competitive Landscape
    10.1. Overview
    10.2. Market Share of Key Players in the Cancer Immunotherapy Drug Discovery Outsourcing 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. Aquila BioMedical
          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. Celentyx Ltd.
          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. Covance 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. Crown Bioscience 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. DiscoverRx Corporation
          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. Explicyte
          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. GenScript Biotech Corporation
          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. HD Biosciences Inc.
          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. Horizon Discovery Group PLC
          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. ImmunXperts SA
          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
 

List of Table

1. Global Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million) 

2. Global Immunomodulators Others Chemotherapy Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million)

3. Global Oncolytic Viral Therapies and Cancer Vaccines Others Chemotherapy Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million)

4. Global Monoclonal Antibodies Others Chemotherapy Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million)

5. Global Others Chemotherapy Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million) 

6. Global Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million) 

7. Global Breast Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million) 

8. Global Melanoma Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million) 

9. Global Prostate Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million) 

10. Global Lung Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million) 

11. Global Head & Neck Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million) 

12. Global Colorectal Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million) 

13. Global Ovarian Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million) 

14. Global Pancreatic Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million) 

15. Global Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million) 

16. Global Cell-Base Assays Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million)

17. Global Target Identification and Validation Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million)

18. Global Lead Screening and Characterization Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million) 

19. Global Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million) 

20. North America Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million) 

21. North America Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million) 

22. North America Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million) 

23. U.S. Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million) 

24. U.S. Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million) 

25. U.S. Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million) 

26. Canada Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million) 

27. Canada Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million) 

28. Canada Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million) 

29. Mexico Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million) 

30. Mexico Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million) 

31. Mexico Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million) 

32. Europe Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million) 

33. Europe Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million) 

34. Europe Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million) 

35. Germany Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million) 

36. Germany Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million) 

37. Germany Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million) 

38. France Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million) 

39. France Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million) 

40. France Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million) 

41. U.K. Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million) 

42. U.K. Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million) 

43. U.K. Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million) 

44. Italy Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million) 

45. Italy Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million) 

46. Italy Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million) 

47. Spain Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million) 

48. Spain Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million) 

49. Spain Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million) 

50. Asia Pacific Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million) 

51. Asia Pacific Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million) 

52. Asia Pacific Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million) 

53. Japan Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million) 

54. Japan Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million) 

55. Japan Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million) 

56. China Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million) 

57. China Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million) 

58. China Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million) 

59. India Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million) 

60. India Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million) 

61. India Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million) 

62. South America Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million) 

63. South America Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million) 

64. South America Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million) 

65. Brazil Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million) 

66. Brazil Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million) 

67. Brazil Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million) 

68. Middle East and Africa Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million) 

69. Middle East and Africa Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million) 

70. Middle East and Africa Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million) 

71. UAE Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million) 

72. UAE Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million) 

73. UAE Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million) 

74. South Africa Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million) 

75. South Africa Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million) 

76. South Africa Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million) 

List of Figures 

1. Global Cancer Immunotherapy Drug Discovery Outsourcing Market Segmentation

2. Cancer Immunotherapy Drug Discovery Outsourcing 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 Cancer Immunotherapy Drug Discovery Outsourcing Market Attractiveness Analysis by Drug Type

9. Global Cancer Immunotherapy Drug Discovery Outsourcing Market Attractiveness Analysis by Cancer Type

10. Global Cancer Immunotherapy Drug Discovery Outsourcing Market Attractiveness Analysis by Service Type

11. Global Cancer Immunotherapy Drug Discovery Outsourcing Market Attractiveness Analysis by Region

12. Global Cancer Immunotherapy Drug Discovery Outsourcing Market: Dynamics

13. Global Cancer Immunotherapy Drug Discovery Outsourcing Market Share by Drug Type (2022 & 2030)

14. Global Cancer Immunotherapy Drug Discovery Outsourcing Market Share by Cancer Type (2022 & 2030)

15. Global Cancer Immunotherapy Drug Discovery Outsourcing Market Share by Service Type (2022 & 2030)

16. Global Cancer Immunotherapy Drug Discovery Outsourcing Market Share by Regions (2022 & 2030)

17. Global Cancer Immunotherapy Drug Discovery Outsourcing 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 cancer immunotherapy drug discovery outsourcing market based on below mentioned segments:

Global Cancer Immunotherapy Drug Discovery Outsourcing Market by Drug Type:

  • Immunomodulators
  • Oncolytic Viral Therapies and Cancer Vaccines
  • Monoclonal Antibodies
  • Others

Global Cancer Immunotherapy Drug Discovery Outsourcing Market by Cancer Type:

  • Breast
  • Melanoma
  • Prostate
  • Lung
  • Head & Neck
  • Colorectal
  • Ovarian
  • Pancreatic

Global Cancer Immunotherapy Drug Discovery Outsourcing Market by Service Type:

  • Cell-Based Assays
  • Target Identification and Validation
  • Lead Screening and Characterization

Global Cancer Immunotherapy Drug Discovery Outsourcing 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.

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