According to the research report, the global market for HER2 Testing should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
By country, China accounted for percent of the global market last year and China’s market share increased from percent to percent. China HER2 Testing market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029. The United States HER2 Testing market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
By segment, Hospital grew percent to account for percent of the total market sales, and Diagnostic Laboratory grew percent.
This report studies and analyses global HER2 Testing status and future trends, to help determine the HER2 Testing market size of the total market opportunity by Type, by Application, by company, and by region & country. This report is a detailed and comprehensive analysis of the world market for HER2 Testing, and provides market size (US$ million) and Year-over-Year growth, considering 2022 as the base year.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
To assess the competitive environment within the market including supplier revenue, market share, and company profiles.
Highlights
(1) Global HER2 Testing market size, history data 2018-2023, and forecast data 2024-2029, (US$ million)
(2) Global HER2 Testing by company, revenue, market share and industry ranking 2018-2023, (US$ million)
(3) China HER2 Testing by company, revenue, market share and industry ranking 2018-2023, (US$ million)
(4) Global HER2 Testing key consuming regions, consumption value and demand structure
(5) HER2 Testing industry chains, upstream, midstream and downstream
Market segment by players, this report covers
Abbott
Hoffmann-La Roche Ltd
Agilent Technologies, Inc.
Thermo Fisher Scientific, Inc.
Leica Biosystems (Danaher Corporation)
Empire Genomics, Inc. (Biocare Medical,LLC)
Bio-Genex Laboratories
Abnova Corporation
Oxford Gene Technology IP Limited(Sysmex Corporation)
Market segment by Type, covers
Breast Cancer
Stomach Cancer
Market segment by Application, can be divided into
Hospital
Diagnostic Laboratory
Other
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Report Includes:
Chapter 1: to describe HER2 Testing product scope, global consumption value, China consumption value, development opportunities, challenges, trends, and policies.
Chapter 2: Global HER2 Testing market share and ranking of major manufacturers, revenue, 2018-2023
Chapter 3: China HER2 Testing market share and ranking of major manufacturers, revenue, 2018-2023
Chapter 4: HER2 Testing industry chain, upstream, medium-stream, and downstream.
Chapter 5: Segment by Type, consumption value, percent & CAGR, 2018-2029
Chapter 6: Segment by Application, consumption value, percent & CAGR, 2018-2029
Chapter 7: Segment in regional level, consumption value, percent & CAGR, 2018-2029
Chapter 8: Segment in country level, consumption value, percent & CAGR, 2018-2029
Chapter 9: Company profile, introducing the basic situation of the main companies in the market in detail, including product specifications, application, recent development, revenue, gross margin.
Chapter 10: Conclusions
1 Market Overview
1.1 HER2 Testing Definition
1.2 Global HER2 Testing Market Size and Forecast
1.3 China HER2 Testing Market Size and Forecast
1.4 China Percentage in Global Market
1.5 HER2 Testing Market Size: China VS Global Growth Rate, 2018-2029
1.6 HER2 Testing Market Dynamics
1.6.1 HER2 Testing Market Drivers
1.6.2 HER2 Testing Market Restraints
1.6.3 HER2 Testing Industry Trends
1.6.4 HER2 Testing Industry Policy
2 Global Leading Players and Market Share
2.1 By Revenue of HER2 Testing, Global Market Share by Company, 2018-2023
2.2 Global HER2 Testing Participants, Market Position (Tier 1, Tier 2, and Tier 3)
2.3 Global HER2 Testing Concentration Ratio
2.4 Global HER2 Testing Mergers & Acquisitions, Expansion Plans
2.5 Global HER2 Testing Major Companies Product Type
2.6 Head Office and HER2 Testing Production Site of Key Manufacturer
3 China Leading Players, Market Share and Ranking
3.1 By Revenue of HER2 Testing, China Market Share by Company, 2018-2023
3.2 China HER2 Testing Participants, Market Position (Tier 1, Tier 2, and Tier 3)
4 Industry Chain Analysis
4.1 HER2 Testing Industry Chain
4.2 HER2 Testing Upstream Analysis
4.2.1 HER2 Testing Core Raw Materials
4.2.2 Main Manufacturers of HER2 Testing Core Raw Materials
4.3 Midstream Analysis
4.4 Downstream Analysis
4.5 HER2 Testing Production Mode
4.6 HER2 Testing Procurement Model
4.7 HER2 Testing Industry Sales Model and Sales Channels
4.7.1 HER2 Testing Sales Model
4.7.2 HER2 Testing Typical Distributors
5 Sights by Type
5.1 HER2 Testing Classification
5.1.1 Breast Cancer
5.1.2 Stomach Cancer
5.2 By Type, Global HER2 Testing Consumption Value & CAGR, 2018 VS 2022 VS 2029
5.3 By Type, Global HER2 Testing Consumption Value, 2018-2029
6 Sights by Application
6.1 HER2 Testing Segment by Application
6.1.1 Hospital
6.1.2 Diagnostic Laboratory
6.1.3 Other
6.2 By Application, Global HER2 Testing Consumption Value & CAGR, 2018 VS 2022 VS 2029
6.3 By Application, Global HER2 Testing Consumption Value, 2018-2029
7 Sales Sights by Region
7.1 By Region, Global HER2 Testing Consumption Value, 2018 VS 2022 VS 2029
7.2 By Region, Global HER2 Testing Consumption Value, 2018-2029
7.3 North America
7.3.1 North America HER2 Testing & Forecasts, 2018-2029
7.3.2 By Country, North America HER2 Testing Market Size Market Share
7.4 Europe
7.4.1 Europe HER2 Testing Market Size & Forecasts, 2018-2029
7.4.2 By Country, Europe HER2 Testing Market Size Market Share
7.5 Asia Pacific
7.5.1 Asia Pacific HER2 Testing Market Size & Forecasts, 2018-2029
7.5.2 By Country/Region, Asia Pacific HER2 Testing Market Size Market Share
7.6 South America
7.6.1 South America HER2 Testing Market Size & Forecasts, 2018-2029
7.6.2 By Country, South America HER2 Testing Market Size Market Share
7.7 Middle East & Africa
8 Sales Sights by Country Level
8.1 By Country, Global HER2 Testing Market Size & CAGR, 2018 VS 2022 VS 2029
8.2 By Country, Global HER2 Testing Consumption Value, 2018-2029
8.3 U.S.
8.3.1 U.S. HER2 Testing Market Size, 2018-2029
8.3.2 By Type, U.S. HER2 Testing Consumption Value Market Share, 2022 VS 2029
8.3.3 By Application, U.S. HER2 Testing Consumption Value Market Share, 2022 VS 2029
8.4 Europe
8.4.1 Europe HER2 Testing Market Size, 2018-2029
8.4.2 By Type, Europe HER2 Testing Consumption Value Market Share, 2022 VS 2029
8.4.3 By Application, Europe HER2 Testing Consumption Value Market Share, 2022 VS 2029
8.5 China
8.5.1 China HER2 Testing Market Size, 2018-2029
8.5.2 By Type, China HER2 Testing Consumption Value Market Share, 2022 VS 2029
8.5.3 By Application, China HER2 Testing Consumption Value Market Share, 2022 VS 2029
8.6 Japan
8.6.1 Japan HER2 Testing Market Size, 2018-2029
8.6.2 By Type, Japan HER2 Testing Consumption Value Market Share, 2022 VS 2029
8.6.3 By Application, Japan HER2 Testing Consumption Value Market Share, 2022 VS 2029
8.7 South Korea
8.7.1 South Korea HER2 Testing Market Size, 2018-2029
8.7.2 By Type, South Korea HER2 Testing Consumption Value Market Share, 2022 VS 2029
8.7.3 By Application, South Korea HER2 Testing Consumption Value Market Share, 2022 VS 2029
8.8 Southeast Asia
8.8.1 Southeast Asia HER2 Testing Market Size, 2018-2029
8.8.2 By Type, Southeast Asia HER2 Testing Consumption Value Market Share, 2022 VS 2029
8.8.3 By Application, Southeast Asia HER2 Testing Consumption Value Market Share, 2022 VS 2029
8.9 India
8.9.1 India HER2 Testing Market Size, 2018-2029
8.9.2 By Type, India HER2 Testing Consumption Value Market Share, 2022 VS 2029
8.9.3 By Application, India HER2 Testing Consumption Value Market Share, 2022 VS 2029
8.10 Middle East & Africa
8.10.1 Middle East & Africa HER2 Testing Market Size, 2018-2029
8.10.2 By Type, Middle East & Africa HER2 Testing Consumption Value Market Share, 2022 VS 2029
8.10.3 By Application, Middle East & Africa HER2 Testing Consumption Value Market Share, 2022 VS 2029
9 Company Profile
9.1 Abbott
9.1.1 Abbott Company Information, Head Office, Market Area and Industry Position
9.1.2 Abbott Company Profile and Main Business
9.1.3 Abbott HER2 Testing Models, Specifications and Application
9.1.4 Abbott HER2 Testing Revenue and Gross Margin, 2018-2023
9.1.5 Abbott Recent Developments
9.2 Hoffmann-La Roche Ltd
9.2.1 Hoffmann-La Roche Ltd Company Information, Head Office, Market Area and Industry Position
9.2.2 Hoffmann-La Roche Ltd Company Profile and Main Business
9.2.3 Hoffmann-La Roche Ltd HER2 Testing Models, Specifications and Application
9.2.4 Hoffmann-La Roche Ltd HER2 Testing Revenue and Gross Margin, 2018-2023
9.2.5 Hoffmann-La Roche Ltd Recent Developments
9.3 Agilent Technologies, Inc.
9.3.1 Agilent Technologies, Inc. Company Information, Head Office, Market Area and Industry Position
9.3.2 Agilent Technologies, Inc. Company Profile and Main Business
9.3.3 Agilent Technologies, Inc. HER2 Testing Models, Specifications and Application
9.3.4 Agilent Technologies, Inc. HER2 Testing Revenue and Gross Margin, 2018-2023
9.3.5 Agilent Technologies, Inc. Recent Developments
9.4 Thermo Fisher Scientific, Inc.
9.4.1 Thermo Fisher Scientific, Inc. Company Information, Head Office, Market Area and Industry Position
9.4.2 Thermo Fisher Scientific, Inc. Company Profile and Main Business
9.4.3 Thermo Fisher Scientific, Inc. HER2 Testing Models, Specifications and Application
9.4.4 Thermo Fisher Scientific, Inc. HER2 Testing Revenue and Gross Margin, 2018-2023
9.4.5 Thermo Fisher Scientific, Inc. Recent Developments
9.5 Leica Biosystems (Danaher Corporation)
9.5.1 Leica Biosystems (Danaher Corporation) Company Information, Head Office, Market Area and Industry Position
9.5.2 Leica Biosystems (Danaher Corporation) Company Profile and Main Business
9.5.3 Leica Biosystems (Danaher Corporation) HER2 Testing Models, Specifications and Application
9.5.4 Leica Biosystems (Danaher Corporation) HER2 Testing Revenue and Gross Margin, 2018-2023
9.5.5 Leica Biosystems (Danaher Corporation) Recent Developments
9.6 Empire Genomics, Inc. (Biocare Medical,LLC)
9.6.1 Empire Genomics, Inc. (Biocare Medical,LLC) Company Information, Head Office, Market Area and Industry Position
9.6.2 Empire Genomics, Inc. (Biocare Medical,LLC) Company Profile and Main Business
9.6.3 Empire Genomics, Inc. (Biocare Medical,LLC) HER2 Testing Models, Specifications and Application
9.6.4 Empire Genomics, Inc. (Biocare Medical,LLC) HER2 Testing Revenue and Gross Margin, 2018-2023
9.6.5 Empire Genomics, Inc. (Biocare Medical,LLC) Recent Developments
9.7 Bio-Genex Laboratories
9.7.1 Bio-Genex Laboratories Company Information, Head Office, Market Area and Industry Position
9.7.2 Bio-Genex Laboratories Company Profile and Main Business
9.7.3 Bio-Genex Laboratories HER2 Testing Models, Specifications and Application
9.7.4 Bio-Genex Laboratories HER2 Testing Revenue and Gross Margin, 2018-2023
9.7.5 Bio-Genex Laboratories Recent Developments
9.8 Abnova Corporation
9.8.1 Abnova Corporation Company Information, Head Office, Market Area and Industry Position
9.8.2 Abnova Corporation Company Profile and Main Business
9.8.3 Abnova Corporation HER2 Testing Models, Specifications and Application
9.8.4 Abnova Corporation HER2 Testing Revenue and Gross Margin, 2018-2023
9.8.5 Abnova Corporation Recent Developments
9.9 Oxford Gene Technology IP Limited(Sysmex Corporation)
9.9.1 Oxford Gene Technology IP Limited(Sysmex Corporation) Company Information, Head Office, Market Area and Industry Position
9.9.2 Oxford Gene Technology IP Limited(Sysmex Corporation) Company Profile and Main Business
9.9.3 Oxford Gene Technology IP Limited(Sysmex Corporation) HER2 Testing Models, Specifications and Application
9.9.4 Oxford Gene Technology IP Limited(Sysmex Corporation) HER2 Testing Revenue and Gross Margin, 2018-2023
9.9.5 Oxford Gene Technology IP Limited(Sysmex Corporation) Recent Developments
10 Conclusion
11 Appendix
11.1 Research Methodology
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Market Estimation Model
11.4 Disclaimer
Table 1. HER2 Testing Consumption Value & CAGR: China VS Global, 2018-2029, US$ Million
Table 2. HER2 Testing Market Restraints
Table 3. HER2 Testing Market Trends
Table 4. HER2 Testing Industry Policy
Table 5. Global HER2 Testing Revenue by Company, 2018-2023, US$ million, Ranked Based on Revenue in 2022
Table 6. Global HER2 Testing Revenue Share by Company, 2018-2023, Ranked by Data of 2022
Table 7. Global HER2 Testing Manufacturers Market Concentration Ratio (CR3 and HHI)
Table 8. Global HER2 Testing Mergers & Acquisitions, Expansion Plans
Table 9. Global HER2 Testing Major Companies Product Type
Table 10. Head Office and Area Served of Key Players
Table 11. China HER2 Testing Revenue by Company, 2018-2023, US$ million, Ranked Based on Revenue in 2022
Table 12. China HER2 Testing Revenue Market Share by Company, 2018-2023
Table 13. Global Key Players of HER2 Testing Upstream (Raw Materials)
Table 14. Global HER2 Testing Typical Customers
Table 15. HER2 Testing Typical Distributors
Table 16. By Type, Global HER2 Testing Consumption Value & CAGR, 2018 VS 2022 VS 2029, US$ Million
Table 17. By Application, Global HER2 Testing Consumption Value & CAGR, 2018 VS 2022 VS 2029, US$ Million
Table 18. By Region, Global HER2 Testing Consumption Value, 2018 VS 2022 VS 2029, US$ Million
Table 19. By Region, Global HER2 Testing Consumption Value, 2018-2029, US$ Million
Table 20. By Country, Global HER2 Testing Consumption Value & CAGR, 2018 VS 2022 VS 2029, US$ Million
Table 21. By Country, Global HER2 Testing Consumption Value, 2018-2029, US$ Million
Table 22. By Country, Global HER2 Testing Consumption Value Market Share, 2018-2029
Table 23. Abbott Company Information, Head Office, Market Area and Industry Position
Table 24. Abbott Company Profile and Main Business
Table 25. Abbott HER2 Testing Models, Specifications, and Application
Table 26. Abbott HER2 Testing Revenue and Gross Margin, US$ Million, 2018-2023
Table 27. Abbott Recent Developments
Table 28. Hoffmann-La Roche Ltd Company Information, Head Office, Market Area and Industry Position
Table 29. Hoffmann-La Roche Ltd Company Profile and Main Business
Table 30. Hoffmann-La Roche Ltd HER2 Testing Models, Specifications, and Application
Table 31. Hoffmann-La Roche Ltd HER2 Testing Revenue and Gross Margin, US$ Million, 2018-2023
Table 32. Hoffmann-La Roche Ltd Recent Developments
Table 33. Agilent Technologies, Inc. Company Information, Head Office, Market Area and Industry Position
Table 34. Agilent Technologies, Inc. Company Profile and Main Business
Table 35. Agilent Technologies, Inc. HER2 Testing Models, Specifications, and Application
Table 36. Agilent Technologies, Inc. HER2 Testing Revenue and Gross Margin, US$ Million, 2018-2023
Table 37. Agilent Technologies, Inc. Recent Developments
Table 38. Thermo Fisher Scientific, Inc. Company Information, Head Office, Market Area and Industry Position
Table 39. Thermo Fisher Scientific, Inc. Company Profile and Main Business
Table 40. Thermo Fisher Scientific, Inc. HER2 Testing Models, Specifications, and Application
Table 41. Thermo Fisher Scientific, Inc. HER2 Testing Revenue and Gross Margin, US$ Million, 2018-2023
Table 42. Thermo Fisher Scientific, Inc. Recent Developments
Table 43. Leica Biosystems (Danaher Corporation) Company Information, Head Office, Market Area and Industry Position
Table 44. Leica Biosystems (Danaher Corporation) Company Profile and Main Business
Table 45. Leica Biosystems (Danaher Corporation) HER2 Testing Models, Specifications, and Application
Table 46. Leica Biosystems (Danaher Corporation) HER2 Testing Revenue and Gross Margin, US$ Million, 2018-2023
Table 47. Leica Biosystems (Danaher Corporation) Recent Developments
Table 48. Empire Genomics, Inc. (Biocare Medical,LLC) Company Information, Head Office, Market Area and Industry Position
Table 49. Empire Genomics, Inc. (Biocare Medical,LLC) Company Profile and Main Business
Table 50. Empire Genomics, Inc. (Biocare Medical,LLC) HER2 Testing Models, Specifications, and Application
Table 51. Empire Genomics, Inc. (Biocare Medical,LLC) HER2 Testing Revenue and Gross Margin, US$ Million, 2018-2023
Table 52. Empire Genomics, Inc. (Biocare Medical,LLC) Recent Developments
Table 53. Bio-Genex Laboratories Company Information, Head Office, Market Area and Industry Position
Table 54. Bio-Genex Laboratories Company Profile and Main Business
Table 55. Bio-Genex Laboratories HER2 Testing Models, Specifications, and Application
Table 56. Bio-Genex Laboratories HER2 Testing Revenue and Gross Margin, US$ Million, 2018-2023
Table 57. Bio-Genex Laboratories Recent Developments
Table 58. Abnova Corporation Company Information, Head Office, Market Area and Industry Position
Table 59. Abnova Corporation Company Profile and Main Business
Table 60. Abnova Corporation HER2 Testing Models, Specifications, and Application
Table 61. Abnova Corporation HER2 Testing Revenue and Gross Margin, US$ Million, 2018-2023
Table 62. Abnova Corporation Recent Developments
Table 63. Oxford Gene Technology IP Limited(Sysmex Corporation) Company Information, Head Office, Market Area and Industry Position
Table 64. Oxford Gene Technology IP Limited(Sysmex Corporation) Company Profile and Main Business
Table 65. Oxford Gene Technology IP Limited(Sysmex Corporation) HER2 Testing Models, Specifications, and Application
Table 66. Oxford Gene Technology IP Limited(Sysmex Corporation) HER2 Testing Revenue and Gross Margin, US$ Million, 2018-2023
Table 67. Oxford Gene Technology IP Limited(Sysmex Corporation) Recent Developments
List of Figures
Figure 1. HER2 Testing Picture
Figure 2. Global HER2 Testing Consumption Value, (US$ million) & (2018-2029)
Figure 3. China HER2 Testing Consumption Value, (US$ million) & (2018-2029)
Figure 4. By Consumption Value, China HER2 Testing Market Share of Global, 2018-2029
Figure 5. Global HER2 Testing Market Share by Company, (Tier 1, Tier 2, and Tier 3), 2022
Figure 6. China HER2 Testing Key Participants, Market Share, 2022
Figure 7. HER2 Testing Industry Chain
Figure 8. HER2 Testing Procurement Model
Figure 9. HER2 Testing Sales Model
Figure 10. HER2 Testing Sales Channels, Direct Sales, and Distribution
Figure 11. Breast Cancer
Figure 12. Stomach Cancer
Figure 13. By Type, Global HER2 Testing Consumption Value, 2018-2029, US$ Million
Figure 14. By Type, Global HER2 Testing Consumption Value Market Share, 2018-2029
Figure 15. Hospital
Figure 16. Diagnostic Laboratory
Figure 17. Other
Figure 18. By Application, Global HER2 Testing Consumption Value, 2018-2029, US$ Million
Figure 19. By Application, Global HER2 Testing Consumption Value Market Share, 2018-2029
Figure 20. By Region, Global HER2 Testing Consumption Value Market Share, 2018-2029
Figure 21. North America HER2 Testing Consumption Value & Forecasts, 2018-2029, US$ Million
Figure 22. By Country, North America HER2 Testing Consumption Value Market Share, 2022
Figure 23. Europe HER2 Testing Consumption Value & Forecasts, 2018-2029, US$ Million
Figure 24. By Country, Europe HER2 Testing Consumption Value Market Share, 2022
Figure 25. Asia Pacific HER2 Testing Consumption Value & Forecasts, 2018-2029, US$ Million
Figure 26. By Country/Region, Asia Pacific HER2 Testing Consumption Value Market Share, 2022
Figure 27. South America HER2 Testing Consumption Value & Forecasts, 2018-2029, US$ Million
Figure 28. By Country, South America HER2 Testing Consumption Value Market Share, 2022
Figure 29. Middle East & Africa HER2 Testing Consumption Value & Forecasts, 2018-2029, US$ Million
Figure 30. U.S. HER2 Testing Consumption Value, 2018-2029, US$ Million
Figure 31. By Type, U.S. HER2 Testing Consumption Value Market Share, 2022 VS 2029
Figure 32. By Application, U.S. HER2 Testing Consumption Value Market Share, 2022 VS 2029
Figure 33. Europe HER2 Testing Consumption Value, 2018-2029, US$ Million
Figure 34. By Type, Europe HER2 Testing Consumption Value Market Share, 2022 VS 2029
Figure 35. By Application, Europe HER2 Testing Consumption Value Market Share, 2022 VS 2029
Figure 36. China HER2 Testing Consumption Value, 2018-2029, US$ Million
Figure 37. By Type, China HER2 Testing Consumption Value Market Share, 2022 VS 2029
Figure 38. By Application, China HER2 Testing Consumption Value Market Share, 2022 VS 2029
Figure 39. Japan HER2 Testing Consumption Value, 2018-2029, US$ Million
Figure 40. By Type, Japan HER2 Testing Consumption Value Market Share, 2022 VS 2029
Figure 41. By Application, Japan HER2 Testing Consumption Value Market Share, 2022 VS 2029
Figure 42. South Korea HER2 Testing Consumption Value, 2018-2029, US$ Million
Figure 43. By Type, South Korea HER2 Testing Consumption Value Market Share, 2022 VS 2029
Figure 44. By Application, South Korea HER2 Testing Consumption Value Market Share, 2022 VS 2029
Figure 45. Southeast Asia HER2 Testing Consumption Value, 2018-2029, US$ Million
Figure 46. By Type, Southeast Asia HER2 Testing Consumption Value Market Share, 2022 VS 2029
Figure 47. By Application, Southeast Asia HER2 Testing Consumption Value Market Share, 2022 VS 2029
Figure 48. India HER2 Testing Consumption Value, 2018-2029, US$ Million
Figure 49. By Type, India HER2 Testing Consumption Value Market Share, 2022 VS 2029
Figure 50. By Application, India HER2 Testing Consumption Value Market Share, 2022 VS 2029
Figure 51. Middle East & Africa HER2 Testing Consumption Value, 2018-2029, US$ Million
Figure 52. By Type, Middle East & Africa HER2 Testing Consumption Value Market Share, 2022 VS 2029
Figure 53. By Application, Middle East & Africa HER2 Testing Consumption Value Market Share, 2022 VS 2029
Figure 54. Research Methodology
Figure 55. Breakdown of Primary Interviews
Figure 56. Bottom-up and Top-down Approaches
Figure 57. Top-down Approaches
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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