Depression treatment Market

Depression Treatment Market Size & Overview – Key Insights & Forecast

Base Year: 2021 Historical Data: 2019-20
  • Report ID: TBI-13246
  • Published Date: Jan, 2023
  • Pages: 236
  • Category: Healthcare
  • Format: PDF
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Market Introduction

The global depression treatment market is expected to grow from USD 11.31 billion in 2022 to USD 16.14 billion by 2030, at a CAGR of 4.55% from 2022-2030. The North American depression treatment market is expected to maintain its dominance during the forecast period.

There are many types of mental illnesses, such as depression, schizophrenia, bipolar disorders, PTSD, anxiety disorders, addiction and eating disorders. Depression is a mental health condition defined by the elevation or lowering a person's mood. There are different kinds of depression disorders. Clinical depression, bipolar disorder, persistent depressive disorder, postpartum depression and others are all classified under depression. Depression is associated with sadness, hopelessness, loss of appetite, suicidal thoughts, loss of interest, and restlessness. It can severely impact a person's life and can lead to suicide in extreme cases. Depression is treatable. The diseases can be treated with therapies, drugs, or both. Depression treatment promotes mental well-being. The increasing prevalence of depression will propel the growth of the global depression treatment market.

Depression Treatment Market Size

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Recent Development

December 2022 - The FDA has approved VRAYLAR® (cariprazine) as an adjunctive therapy to antidepressants for treating major depressive disorder (MDD) in adults. AbbVie develops the drug. This additional medication offers individuals who have a partial response to antidepressant medicines a new choice, and it is supported by clinical data indicating efficacy and well-established tolerability.

December 2022 - The FDA has received a rolling submission of a new drug application for zuranolone for treating major depressive disorder and postpartum depression from the pharmaceutical business Sage Therapeutics and the biotech company Biogen. According to a news release from the firms, Zuranolone is being tested as a rapid-acting, once-daily, 14-day oral short-course treatment for people with MDD and PPD after showing sustained and quick relief of depression symptoms in the clinical research programme so far.

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 Indication
          4.3.2. Market Attractiveness Analysis by Drug Class
          4.3.3. Market Attractiveness Analysis by Distribution Channel
          4.3.4. Market Attractiveness Analysis by Region
    4.4. Industry Trends

5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
          5.2.1. The increasing prevalence of depression, anxiety and other mental health concerns
    5.3. Restraints
          5.3.1. The drugs or therapies are expensive
    5.4. Opportunities
          5.4.1. Government and civil society initiatives promoting mental well-being
    5.5. Challenges
          5.5.1. Lack of qualified, trained and skilled medical professionals

6. Global Depression Treatment Market Analysis and Forecast, By Indication
    6.1. Segment Overview
    6.2. Major Depression
    6.3. Bipolar Disorder
    6.4. Postpartum Depression
    6.5. Situational Depression
    6.6. Treatment-Resistant Depression
    6.7. Persistent Depressive Disorder
    6.8. Seasonal Affective Disorder
    6.9. Premenstrual Dysphoric Disorder
    6.10. Atypical Depression
    6.11. Anxiety Disorder
    6.12. Others

7. Global Depression Treatment Market Analysis and Forecast, By Drug Class
    7.1. Segment Overview
    7.2. Bupropion
    7.3. Monoamine Oxidase Inhibitors
    7.4. Trazodone
    7.5. Antipsychotics
    7.6. Mirtazapine
    7.7. Antidepressants
    7.8. Anxiolytics
    7.9. Anticonvulsants
    7.10. Noradrenergic Agents
    7.11. Others

8. Global Depression Treatment Market Analysis and Forecast, By Distribution Channel
    8.1. Segment Overview
    8.2. Hospitals
    8.3. Drug Stores
    8.4. Specialty Clinics
    8.5. Retail Pharmacies
    8.6. E-Commerce
    8.7. Others

9. Global Depression Treatment 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 Depression Treatment Market-Competitive Landscape
    10.1. Overview
    10.2. Market Share of Key Players in the Depression Treatment 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. Drug Class Launches and Developments
          10.3.2. Partnerships, Collaborations, and Agreements
          10.3.3. Mergers & Acquisitions
          10.3.4. Expansions

11. Company Profiles
    11.1. Abbott Laboratories
          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. AbbVie Inc.
          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. AstraZeneca
          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. Bristol-Myers Squibb
          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. Cipla Limited
          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. Eli lily and Company
          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. GlaxoSmithKline PLC
          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. Johnsons & Johnson
          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. Merck and Co. Inc.
          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. Zydus Lifesciences
          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 Depression Treatment Market, By Indication, 2019-2030 (USD Billion) 

2. Global Major Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

3. Global Bipolar Disorder Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

4. Global Postpartum Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

5. Global Situational Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

6. Global Treatment-Resistant Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

7. Global Persistent Depressive Disorder Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

8. Global Seasonal Affective Disorder Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

9. Global Premenstrual Dysphoric Disorder Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

10. Global Atypical Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

11. Global Anxiety Disorder Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

12. Global Others Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

13. Global Depression Treatment Market, By Drug Class, 2019-2030 (USD Billion) 

14. Global Bupropion Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

15. Global Monoamine Oxidase Inhibitors Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

16. Global Trazodone Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

17. Global Antipsychotics Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

18. Global Mirtazapine Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

19. Global Antidepressants Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

20. Global Anxiolytics Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

21. Global Anticonvulsants Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

22. Global Noradrenergic Agents Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

23. Global Others Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

24. Global Depression Treatment Market, By Distribution Channel, 2019-2030 (USD Billion) 

25. Global Hospitals Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

26. Global Drug Stores Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

27. Global Specialty Clinics Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

28. Global Retail Pharmacies Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

29. Global E-Commerce Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

30. Global Others Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

31. Global Depression Treatment Market, By Region, 2019-2030 (USD Billion) 

32. North America Depression Treatment Market, By Indication, 2019-2030 (USD Billion) 

33. North America Depression Treatment Market, By Drug Class, 2019-2030 (USD Billion) 

34. North America Depression Treatment Market, By Distribution Channel, 2019-2030 (USD Billion) 

35. U.S. Depression Treatment Market, By Indication, 2019-2030 (USD Billion) 

36. U.S. Depression Treatment Market, By Drug Class, 2019-2030 (USD Billion) 

37. U.S. Depression Treatment Market, By Distribution Channel, 2019-2030 (USD Billion) 

38. Canada Depression Treatment Market, By Indication, 2019-2030 (USD Billion) 

39. Canada Depression Treatment Market, By Drug Class, 2019-2030 (USD Billion) 

40. Canada Depression Treatment Market, By Distribution Channel, 2019-2030 (USD Billion) 

41. Mexico Depression Treatment Market, By Indication, 2019-2030 (USD Billion) 

42. Mexico Depression Treatment Market, By Drug Class, 2019-2030 (USD Billion) 

43. Mexico Depression Treatment Market, By Distribution Channel, 2019-2030 (USD Billion) 

44. Europe Depression Treatment Market, By Indication, 2019-2030 (USD Billion) 

45. Europe Depression Treatment Market, By Drug Class, 2019-2030 (USD Billion) 

46. Europe Depression Treatment Market, By Distribution Channel, 2019-2030 (USD Billion) 

47. Germany Depression Treatment Market, By Indication, 2019-2030 (USD Billion) 

48. Germany Depression Treatment Market, By Drug Class, 2019-2030 (USD Billion) 

49. Germany Depression Treatment Market, By Distribution Channel, 2019-2030 (USD Billion) 

50. France Depression Treatment Market, By Indication, 2019-2030 (USD Billion) 

51. France Depression Treatment Market, By Drug Class, 2019-2030 (USD Billion) 

52. France Depression Treatment Market, By Distribution Channel, 2019-2030 (USD Billion) 

53. U.K. Depression Treatment Market, By Indication, 2019-2030 (USD Billion) 

54. U.K. Depression Treatment Market, By Drug Class, 2019-2030 (USD Billion) 

55. U.K. Depression Treatment Market, By Distribution Channel, 2019-2030 (USD Billion) 

56. Italy Depression Treatment Market, By Indication, 2019-2030 (USD Billion) 

57. Italy Depression Treatment Market, By Drug Class, 2019-2030 (USD Billion) 

58. Italy Depression Treatment Market, By Distribution Channel, 2019-2030 (USD Billion) 

59. Spain Depression Treatment Market, By Indication, 2019-2030 (USD Billion) 

60. Spain Depression Treatment Market, By Drug Class, 2019-2030 (USD Billion) 

61. Spain Depression Treatment Market, By Distribution Channel, 2019-2030 (USD Billion) 

62. Asia Pacific Depression Treatment Market, By Indication, 2019-2030 (USD Billion) 

63. Asia Pacific Depression Treatment Market, By Drug Class, 2019-2030 (USD Billion) 

64. Asia Pacific Depression Treatment Market, By Distribution Channel, 2019-2030 (USD Billion) 

65. Japan Depression Treatment Market, By Indication, 2019-2030 (USD Billion) 

66. Japan Depression Treatment Market, By Drug Class, 2019-2030 (USD Billion) 

67. Japan Depression Treatment Market, By Distribution Channel, 2019-2030 (USD Billion) 

68. China Depression Treatment Market, By Indication, 2019-2030 (USD Billion) 

69. China Depression Treatment Market, By Drug Class, 2019-2030 (USD Billion) 

70. China Depression Treatment Market, By Distribution Channel, 2019-2030 (USD Billion) 

71. India Depression Treatment Market, By Indication, 2019-2030 (USD Billion) 

72. India Depression Treatment Market, By Drug Class, 2019-2030 (USD Billion) 

73. India Depression Treatment Market, By Distribution Channel, 2019-2030 (USD Billion) 

74. South America Depression Treatment Market, By Indication, 2019-2030 (USD Billion) 

75. South America Depression Treatment Market, By Drug Class, 2019-2030 (USD Billion) 

76. South America Depression Treatment Market, By Distribution Channel, 2019-2030 (USD Billion) 

77. Brazil Depression Treatment Market, By Indication, 2019-2030 (USD Billion) 

78. Brazil Depression Treatment Market, By Drug Class, 2019-2030 (USD Billion) 

79. Brazil Depression Treatment Market, By Distribution Channel, 2019-2030 (USD Billion) 

80. Middle East and Africa Depression Treatment Market, By Indication, 2019-2030 (USD Billion) 

81. Middle East and Africa Depression Treatment Market, By Drug Class, 2019-2030 (USD Billion) 

82. Middle East and Africa Depression Treatment Market, By Distribution Channel, 2019-2030 (USD Billion) 

83. UAE Depression Treatment Market, By Indication, 2019-2030 (USD Billion) 

84. UAE Depression Treatment Market, By Drug Class, 2019-2030 (USD Billion) 

85. UAE Depression Treatment Market, By Distribution Channel, 2019-2030 (USD Billion) 

86. South Africa Depression Treatment Market, By Indication, 2019-2030 (USD Billion) 

87. South Africa Depression Treatment Market, By Drug Class, 2019-2030 (USD Billion) 

88. South Africa Depression Treatment Market, By Distribution Channel, 2019-2030 (USD Billion) 

List of Figures 

1. Global Depression Treatment Market Segmentation

2. Depression Treatment 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 Depression Treatment Market Attractiveness Analysis by Indication

9. Global Depression Treatment Market Attractiveness Analysis by Drug Class

10. Global Depression Treatment Market Attractiveness Analysis by Distribution Channel

11. Global Depression Treatment Market Attractiveness Analysis by Region

12. Global Depression Treatment Market: Dynamics

13. Global Depression Treatment Market Share by Indication (2022 & 2030)

14. Global Depression Treatment Market Share by Drug Class (2022 & 2030)

15. Global Depression Treatment Market Share by Distribution Channel (2022 & 2030)

16. Global Depression Treatment Market Share by Regions (2022 & 2030)

17. Global Depression Treatment 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 depression treatment market based on below mentioned segments:

Depression Treatment Market by Indication:

  • Major Depression
  • Bipolar Disorder
  • Postpartum Depression
  • Situational Depression
  • Treatment-Resistant Depression
  • Persistent Depressive Disorder
  • Seasonal Affective Disorder
  • Premenstrual Dysphoric Disorder
  • Atypical Depression
  • Anxiety Disorder
  • Others

Depression Treatment Market by Drug Class:

  • Bupropion
  • Monoamine Oxidase Inhibitors
  • Trazodone
  • Antipsychotics
  • Mirtazapine
  • Antidepressants
  • Anxiolytics
  • Anticonvulsants
  • Noradrenergic Agents
  • Others

Depression Treatment Market by Distribution Channel:

  • Hospitals
  • Drug Stores
  • Specialty Clinics
  • Retail Pharmacies
  • E-Commerce
  • Others

Depression Treatment 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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