Global Point-of-Care or Rapid Diagnostics Device Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 9/22/2022
- NO OF PAGES
- 259
- CATEGORY
- Others
The Point-of-Care or Rapid Diagnostics Device market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Point-of-Care or Rapid Diagnostics Device market. On the basis of historic growth analysis and current scenario of Point-of-Care or Rapid Diagnostics Device market place, the report intends to offer actionable insights and outlook on global / regional market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tool that facilitate deeper understanding of multiple aspects of global Point-of-Care or Rapid Diagnostics Device market. These further helps users with their developmental strategy.
This report examines all the key factors influencing growth of global Point-of-Care or Rapid Diagnostics Device market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Point-of-Care or Rapid Diagnostics Device market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Point-of-Care or Rapid Diagnostics Device Market: Major Players
Nova Biomedical
Beckman Coulter
Chembio Diagnostic Systems
PointCare Technologies
Siemens Healthineers
Abbott Laboratories
AccuBioTech
International Technidyne Corporation
Becton Dickinson and Company
Danaher Corporation
Global Point-of-Care or Rapid Diagnostics Device Market: By Types
Pregnancy & Fertility Testing Kit
Infectious Disease Testing Kit
Cholesterol Test Strip
Glucose Monitoring Kit
Cardio-metabolic monitoring kits
Hematology Testing Kit
Urinalysis Testing Kits
Tumor/Cancer Markers Testing Kits
Global Point-of-Care or Rapid Diagnostics Device Market: By Applications
Hospital & Clinics
Home Care
Research Laboratories
Ambulatory Care Centers
Global Point-of-Care or Rapid Diagnostics Device Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Point-of-Care or Rapid Diagnostics Device 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.
Global Point-of-Care or Rapid Diagnostics Device Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023This report examines all the key factors influencing growth of global Point-of-Care or Rapid Diagnostics Device market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Point-of-Care or Rapid Diagnostics Device market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Point-of-Care or Rapid Diagnostics Device Market: Major Players
Nova Biomedical
Beckman Coulter
Chembio Diagnostic Systems
PointCare Technologies
Siemens Healthineers
Abbott Laboratories
AccuBioTech
International Technidyne Corporation
Becton Dickinson and Company
Danaher Corporation
Global Point-of-Care or Rapid Diagnostics Device Market: By Types
Pregnancy & Fertility Testing Kit
Infectious Disease Testing Kit
Cholesterol Test Strip
Glucose Monitoring Kit
Cardio-metabolic monitoring kits
Hematology Testing Kit
Urinalysis Testing Kits
Tumor/Cancer Markers Testing Kits
Global Point-of-Care or Rapid Diagnostics Device Market: By Applications
Hospital & Clinics
Home Care
Research Laboratories
Ambulatory Care Centers
Global Point-of-Care or Rapid Diagnostics Device Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Point-of-Care or Rapid Diagnostics Device 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.
Global Point-of-Care or Rapid Diagnostics Device Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Historic Year: 2016-2022
Forecast: 2024-2035
1 Point-of-Care or Rapid Diagnostics Device Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Point-of-Care or Rapid Diagnostics Device
1.3 Point-of-Care or Rapid Diagnostics Device Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Point-of-Care or Rapid Diagnostics Device
1.4.2 Applications of Point-of-Care or Rapid Diagnostics Device
1.5 Market Exchange Rate
2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source
3 Market Competition Analysis
3.1 Nova Biomedical Market Performance Analysis
3.1.1 Nova Biomedical Basic Information
3.1.2 Product and Service Analysis
3.1.3 Strategies for Company to Deal with the Impact of COVID-19
3.1.4 Nova Biomedical Sales, Value, Price, Gross Margin 2016-2021
3.2 Beckman Coulter Market Performance Analysis
3.2.1 Beckman Coulter Basic Information
3.2.2 Product and Service Analysis
3.2.3 Strategies for Company to Deal with the Impact of COVID-19
3.2.4 Beckman Coulter Sales, Value, Price, Gross Margin 2016-2021
3.3 Chembio Diagnostic Systems Market Performance Analysis
3.3.1 Chembio Diagnostic Systems Basic Information
3.3.2 Product and Service Analysis
3.3.3 Strategies for Company to Deal with the Impact of COVID-19
3.3.4 Chembio Diagnostic Systems Sales, Value, Price, Gross Margin 2016-2021
3.4 PointCare Technologies Market Performance Analysis
3.4.1 PointCare Technologies Basic Information
3.4.2 Product and Service Analysis
3.4.3 Strategies for Company to Deal with the Impact of COVID-19
3.4.4 PointCare Technologies Sales, Value, Price, Gross Margin 2016-2021
3.5 Siemens Healthineers Market Performance Analysis
3.5.1 Siemens Healthineers Basic Information
3.5.2 Product and Service Analysis
3.5.3 Strategies for Company to Deal with the Impact of COVID-19
3.5.4 Siemens Healthineers Sales, Value, Price, Gross Margin 2016-2021
3.6 Abbott Laboratories Market Performance Analysis
3.6.1 Abbott Laboratories Basic Information
3.6.2 Product and Service Analysis
3.6.3 Strategies for Company to Deal with the Impact of COVID-19
3.6.4 Abbott Laboratories Sales, Value, Price, Gross Margin 2016-2021
3.7 AccuBioTech Market Performance Analysis
3.7.1 AccuBioTech Basic Information
3.7.2 Product and Service Analysis
3.7.3 Strategies for Company to Deal with the Impact of COVID-19
3.7.4 AccuBioTech Sales, Value, Price, Gross Margin 2016-2021
3.8 International Technidyne Corporation Market Performance Analysis
3.8.1 International Technidyne Corporation Basic Information
3.8.2 Product and Service Analysis
3.8.3 Strategies for Company to Deal with the Impact of COVID-19
3.8.4 International Technidyne Corporation Sales, Value, Price, Gross Margin 2016-2021
3.9 Becton Dickinson and Company Market Performance Analysis
3.9.1 Becton Dickinson and Company Basic Information
3.9.2 Product and Service Analysis
3.9.3 Strategies for Company to Deal with the Impact of COVID-19
3.9.4 Becton Dickinson and Company Sales, Value, Price, Gross Margin 2016-2021
3.10 Danaher Corporation Market Performance Analysis
3.10.1 Danaher Corporation Basic Information
3.10.2 Product and Service Analysis
3.10.3 Strategies for Company to Deal with the Impact of COVID-19
3.10.4 Danaher Corporation Sales, Value, Price, Gross Margin 2016-2021
4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Point-of-Care or Rapid Diagnostics Device Production and Value by Type
4.1.1 Global Point-of-Care or Rapid Diagnostics Device Production by Type 2016-2021
4.1.2 Global Point-of-Care or Rapid Diagnostics Device Market Value by Type 2016-2021
4.2 Global Point-of-Care or Rapid Diagnostics Device Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 Pregnancy & Fertility Testing Kit Market Production, Value and Growth Rate
4.2.2 Infectious Disease Testing Kit Market Production, Value and Growth Rate
4.2.3 Cholesterol Test Strip Market Production, Value and Growth Rate
4.2.4 Glucose Monitoring Kit Market Production, Value and Growth Rate
4.2.5 Cardio-metabolic monitoring kits Market Production, Value and Growth Rate
4.2.6 Hematology Testing Kit Market Production, Value and Growth Rate
4.2.7 Urinalysis Testing Kits Market Production, Value and Growth Rate
4.2.8 Tumor/Cancer Markers Testing Kits Market Production, Value and Growth Rate
4.3 Global Point-of-Care or Rapid Diagnostics Device Production and Value Forecast by Type
4.3.1 Global Point-of-Care or Rapid Diagnostics Device Production Forecast by Type 2021-2026
4.3.2 Global Point-of-Care or Rapid Diagnostics Device Market Value Forecast by Type 2021-2026
4.4 Global Point-of-Care or Rapid Diagnostics Device Market Production, Value and Growth Rate by Type Forecast 2021-2026
4.4.1 Pregnancy & Fertility Testing Kit Market Production, Value and Growth Rate Forecast
4.4.2 Infectious Disease Testing Kit Market Production, Value and Growth Rate Forecast
4.4.3 Cholesterol Test Strip Market Production, Value and Growth Rate Forecast
4.4.4 Glucose Monitoring Kit Market Production, Value and Growth Rate Forecast
4.4.5 Cardio-metabolic monitoring kits Market Production, Value and Growth Rate Forecast
4.4.6 Hematology Testing Kit Market Production, Value and Growth Rate Forecast
4.4.7 Urinalysis Testing Kits Market Production, Value and Growth Rate Forecast
4.4.8 Tumor/Cancer Markers Testing Kits Market Production, Value and Growth Rate Forecast
5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Point-of-Care or Rapid Diagnostics Device Consumption and Value by Application
5.1.1 Global Point-of-Care or Rapid Diagnostics Device Consumption by Application 2016-2021
5.1.2 Global Point-of-Care or Rapid Diagnostics Device Market Value by Application 2016-2021
5.2 Global Point-of-Care or Rapid Diagnostics Device Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 Hospital & Clinics Market Consumption, Value and Growth Rate
5.2.2 Home Care Market Consumption, Value and Growth Rate
5.2.3 Research Laboratories Market Consumption, Value and Growth Rate
5.2.4 Ambulatory Care Centers Market Consumption, Value and Growth Rate
5.3 Global Point-of-Care or Rapid Diagnostics Device Consumption and Value Forecast by Application
5.3.1 Global Point-of-Care or Rapid Diagnostics Device Consumption Forecast by Application 2021-2026
5.3.2 Global Point-of-Care or Rapid Diagnostics Device Market Value Forecast by Application 2021-2026
5.4 Global Point-of-Care or Rapid Diagnostics Device Market Consumption, Value and Growth Rate by Application Forecast 2021-2026
5.4.1 Hospital & Clinics Market Consumption, Value and Growth Rate Forecast
5.4.2 Home Care Market Consumption, Value and Growth Rate Forecast
5.4.3 Research Laboratories Market Consumption, Value and Growth Rate Forecast
5.4.4 Ambulatory Care Centers Market Consumption, Value and Growth Rate Forecast
6 Global Point-of-Care or Rapid Diagnostics Device by Region, Historical Data and Market Forecasts
6.1 Global Point-of-Care or Rapid Diagnostics Device Sales by Region 2016-2021
6.2 Global Point-of-Care or Rapid Diagnostics Device Market Value by Region 2016-2021
6.3 Global Point-of-Care or Rapid Diagnostics Device Market Sales, Value and Growth Rate by Region 2016-2021
6.3.1 North America
6.3.2 Europe
6.3.3 Asia Pacific
6.3.4 South America
6.3.5 Middle East and Africa
6.4 Global Point-of-Care or Rapid Diagnostics Device Sales Forecast by Region 2021-2026
6.5 Global Point-of-Care or Rapid Diagnostics Device Market Value Forecast by Region 2021-2026
6.6 Global Point-of-Care or Rapid Diagnostics Device Market Sales, Value and Growth Rate Forecast by Region 2021-2026
6.6.1 North America
6.6.2 Europe
6.6.3 Asia Pacific
6.6.4 South America
6.6.5 Middle East and Africa
7 United State Market Size Analysis 2016-2026
7.1 United State Point-of-Care or Rapid Diagnostics Device Value and Market Growth 2016-2021
7.2 United State Point-of-Care or Rapid Diagnostics Device Sales and Market Growth 2016-2021
7.3 United State Point-of-Care or Rapid Diagnostics Device Market Value Forecast 2021-2026
8 Canada Market Size Analysis 2016-2026
8.1 Canada Point-of-Care or Rapid Diagnostics Device Value and Market Growth 2016-2021
8.2 Canada Point-of-Care or Rapid Diagnostics Device Sales and Market Growth 2016-2021
8.3 Canada Point-of-Care or Rapid Diagnostics Device Market Value Forecast 2021-2026
9 Germany Market Size Analysis 2016-2026
9.1 Germany Point-of-Care or Rapid Diagnostics Device Value and Market Growth 2016-2021
9.2 Germany Point-of-Care or Rapid Diagnostics Device Sales and Market Growth 2016-2021
9.3 Germany Point-of-Care or Rapid Diagnostics Device Market Value Forecast 2021-2026
10 UK Market Size Analysis 2016-2026
10.1 UK Point-of-Care or Rapid Diagnostics Device Value and Market Growth 2016-2021
10.2 UK Point-of-Care or Rapid Diagnostics Device Sales and Market Growth 2016-2021
10.3 UK Point-of-Care or Rapid Diagnostics Device Market Value Forecast 2021-2026
11 France Market Size Analysis 2016-2026
11.1 France Point-of-Care or Rapid Diagnostics Device Value and Market Growth 2016-2021
11.2 France Point-of-Care or Rapid Diagnostics Device Sales and Market Growth 2016-2021
11.3 France Point-of-Care or Rapid Diagnostics Device Market Value Forecast 2021-2026
12 Italy Market Size Analysis 2016-2026
12.1 Italy Point-of-Care or Rapid Diagnostics Device Value and Market Growth 2016-2021
12.2 Italy Point-of-Care or Rapid Diagnostics Device Sales and Market Growth 2016-2021
12.3 Italy Point-of-Care or Rapid Diagnostics Device Market Value Forecast 2021-2026
13 Spain Market Size Analysis 2016-2026
13.1 Spain Point-of-Care or Rapid Diagnostics Device Value and Market Growth 2016-2021
13.2 Spain Point-of-Care or Rapid Diagnostics Device Sales and Market Growth 2016-2021
13.3 Spain Point-of-Care or Rapid Diagnostics Device Market Value Forecast 2021-2026
14 Russia Market Size Analysis 2016-2026
14.1 Russia Point-of-Care or Rapid Diagnostics Device Value and Market Growth 2016-2021
14.2 Russia Point-of-Care or Rapid Diagnostics Device Sales and Market Growth 2016-2021
14.3 Russia Point-of-Care or Rapid Diagnostics Device Market Value Forecast 2021-2026
15 China Market Size Analysis 2016-2026
15.1 China Point-of-Care or Rapid Diagnostics Device Value and Market Growth 2016-2021
15.2 China Point-of-Care or Rapid Diagnostics Device Sales and Market Growth 2016-2021
15.3 China Point-of-Care or Rapid Diagnostics Device Market Value Forecast 2021-2026
16 Japan Market Size Analysis 2016-2026
16.1 Japan Point-of-Care or Rapid Diagnostics Device Value and Market Growth 2016-2021
16.2 Japan Point-of-Care or Rapid Diagnostics Device Sales and Market Growth 2016-2021
16.3 Japan Point-of-Care or Rapid Diagnostics Device Market Value Forecast 2021-2026
17 South Korea Market Size Analysis 2016-2026
17.1 South Korea Point-of-Care or Rapid Diagnostics Device Value and Market Growth 2016-2021
17.2 South Korea Point-of-Care or Rapid Diagnostics Device Sales and Market Growth 2016-2021
17.3 South Korea Point-of-Care or Rapid Diagnostics Device Market Value Forecast 2021-2026
18 Australia Market Size Analysis 2016-2026
18.1 Australia Point-of-Care or Rapid Diagnostics Device Value and Market Growth 2016-2021
18.2 Australia Point-of-Care or Rapid Diagnostics Device Sales and Market Growth 2016-2021
18.3 Australia Point-of-Care or Rapid Diagnostics Device Market Value Forecast 2021-2026
19 Thailand Market Size Analysis 2016-2026
19.1 Thailand Point-of-Care or Rapid Diagnostics Device Value and Market Growth 2016-2021
19.2 Thailand Point-of-Care or Rapid Diagnostics Device Sales and Market Growth 2016-2021
19.3 Thailand Point-of-Care or Rapid Diagnostics Device Market Value Forecast 2021-2026
20 Brazil Market Size Analysis 2016-2026
20.1 Brazil Point-of-Care or Rapid Diagnostics Device Value and Market Growth 2016-2021
20.2 Brazil Point-of-Care or Rapid Diagnostics Device Sales and Market Growth 2016-2021
20.3 Brazil Point-of-Care or Rapid Diagnostics Device Market Value Forecast 2021-2026
21 Argentina Market Size Analysis 2016-2026
21.1 Argentina Point-of-Care or Rapid Diagnostics Device Value and Market Growth 2016-2021
21.2 Argentina Point-of-Care or Rapid Diagnostics Device Sales and Market Growth 2016-2021
21.3 Argentina Point-of-Care or Rapid Diagnostics Device Market Value Forecast 2021-2026
22 Chile Market Size Analysis 2016-2026
22.1 Chile Point-of-Care or Rapid Diagnostics Device Value and Market Growth 2016-2021
22.2 Chile Point-of-Care or Rapid Diagnostics Device Sales and Market Growth 2016-2021
22.3 Chile Point-of-Care or Rapid Diagnostics Device Market Value Forecast 2021-2026
23 South Africa Market Size Analysis 2016-2026
23.1 South Africa Point-of-Care or Rapid Diagnostics Device Value and Market Growth 2016-2021
23.2 South Africa Point-of-Care or Rapid Diagnostics Device Sales and Market Growth 2016-2021
23.3 South Africa Point-of-Care or Rapid Diagnostics Device Market Value Forecast 2021-2026
24 Egypt Market Size Analysis 2016-2026
24.1 Egypt Point-of-Care or Rapid Diagnostics Device Value and Market Growth 2016-2021
24.2 Egypt Point-of-Care or Rapid Diagnostics Device Sales and Market Growth 2016-2021
24.3 Egypt Point-of-Care or Rapid Diagnostics Device Market Value Forecast 2021-2026
25 UAE Market Size Analysis 2016-2026
25.1 UAE Point-of-Care or Rapid Diagnostics Device Value and Market Growth 2016-2021
25.2 UAE Point-of-Care or Rapid Diagnostics Device Sales and Market Growth 2016-2021
25.3 UAE Point-of-Care or Rapid Diagnostics Device Market Value Forecast 2021-2026
26 Saudi Arabia Market Size Analysis 2016-2026
26.1 Saudi Arabia Point-of-Care or Rapid Diagnostics Device Value and Market Growth 2016-2021
26.2 Saudi Arabia Point-of-Care or Rapid Diagnostics Device Sales and Market Growth 2016-2021
26.3 Saudi Arabia Point-of-Care or Rapid Diagnostics Device Market Value Forecast 2021-2026
27 Market Dynamic Analysis and Development Suggestions
27.1 Market Drivers
27.2 Market Development Constraints
27.3 PEST Analysis
27.3.1 Political Factors
27.3.2 Economic Factors
27.3.3 Social Factors
27.3.4 Technological Factors
27.4 Industry Trends Under COVID-19
27.4.1 Risk Assessment on COVID-19
27.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
27.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
27.5 Market Entry Strategy Analysis
27.5.1 Market Definition
27.5.2 Client
27.5.3 Distribution Model
27.5.4 Product Messaging and Positioning
27.5.5 Price
27.6 Advice on Entering the Market
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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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