Deep Brain Stimulation Devices Market by Product Type (Dual Channel Deep Brain Stimulators, Single Channel Deep Brain Stimulators), Application (Parkinson's Disease, Epilepsy, Essential Tremor, Dystonia, Obsessive Compulsive Disorder), and End User, Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2020 to 2027

  • Publish Date: Jun, 2020
  • Report ID: 418385
  • Category: Healthcare
  • Pages: 222
$4700

The global deep brain stimulation devices market is expected to grow from USD 900 million in 2019 to USD 2750 million by 2027, at a CAGR of 16.01% during the forecast period 2020-2027.

Deep brain stimulation is a device that implants electrodes in targeted areas of the brain to regulate abnormal impulses of the brain. The electrical impulses generated by the electrodes help in disabling various neurological dysfunctions. It is used for the effective treatment of uncontrollable pain. The process of deep brain stimulation can be done through surgery by implantation of a neurostimulator or pacemaker to maintain an appropriate balance of the circuits. It is composed of three components: electrode which is placed in the brain, neurostimulator which is placed under the skin and puts out electric current, and an extension to join the electrode and the neurostimulator.

The increasing prevalence of neurological diseases with changes in lifestyle, and adopting technologically advanced products will surge the market growth. The benefits of the stimulation devices like, efficacy, safety, higher patient satisfaction, better management of postsurgical complications, and others also drive the market growth.  

This study delivers a comprehensive analysis of applications, product type, end-user and, regions. On the basis of applications, the market is divided into Parkinson's disease, dystonia, essential tremor, obsessive-compulsive disorder, and epilepsy. The Parkinson's disease is expected to hold a majority of market share due to a rise in the number of people suffering from it. The increasing awareness among the people regarding the technologically advanced treatment options will also fuel the growth of this market segment. Based on the type of products, the market can be divided into dual channel deep brain stimulators and single-channel deep brain stimulators. The dual-channel stimulators are considered to be more technologically advanced than single-channel stimulators, driving the higher growth rate of the product. The single-channel DBS systems are increasingly being adopted in the developing countries due to their affordable price. On the basis of the end-user, the market can be divided into hospitals, neurological centres, and ambulatory surgical centres. Hospitals hold the largest market share in the segment, and the market share is expected to multiply. Neurological disorders require the use of advanced equipment which are prevalent in hospitals driving the growth of the hospital segment.

The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America is expected to dominate the market with a higher number of patients of Parkinson disease, high number of R&D activities, technologically advanced stimulation devices, and availability of skilled technicians. The Asia-Pacific region is anticipated to show the highest market growth with the development of advanced healthcare technology and rising expenditure in the healthcare sector.

Some of the notable players in the market are Abbott Laboratories, Beijing PINS Medical Co. Ltd, Aleva Neurotherapeutics SA, Renishaw PLC, Boston Scientific Corporation, Medtronic plc, Functional Neuromodulation Ltd., Nevro Corporation, NeuroPace Inc., Neuronetics Inc, and Fisher Wallace. The major strategies used by the market players are research and development to come up with advanced technology, new and innovative product launches, and developing growth strategies.

Global Deep Brain Stimulation Devices Market Analysis And Forecast, By Application

  • Parkinson’s disease
  • Dystonia
  • Essential tremor
  • Obsessive compulsive disorder
  • Epilepsy

Global Deep Brain Stimulation Devices Market Analysis And Forecast, By Product Type

  • Dual Channel Deep Brain Stimulators
  • Single Channel Deep Brain Stimulators

Global Deep Brain Stimulation Devices Market Analysis And Forecast, By End User

  • Hospitals
  • Neurological centres
  • Ambulatory surgical centres

Global Deep Brain Stimulation Devices Market Analysis And Forecast, By Regional Analysis

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Sweden
    • Netherland
    • U.K.
    • Italy
    • Spain
    • Turkey
    • Switzerland
    • Belgium
    • Rest Of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest Of APAC
  • South America
    • Brazil
    • Argentina
    • Peru
    • Colombia
    • Rest Of South America
  • Middle East And Africa
    • UAE
    •  Saudi Arabia
    •  Egypt
    •  Nigeria
    • South Africa
    • Rest Of MEA

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 Application
          4.3.2. Market Attractiveness Analysis By Product Type
          4.3.3. Market Attractiveness Analysis By End User
          4.3.4. Market Attractiveness Analysis By Region
    4.4. Industry Trends
5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
    5.3. Restraints
    5.4. Opportunities
    5.5. Challenges
6. Global Deep Brain Stimulation Devices Market Analysis and Forecast, By Application
    6.1. Segment Overview
    6.2. Parkinson’s Disease
    6.3. Dystonia
    6.4. Essential Tremor
    6.5. Obsessive Compulsive Disorder
    6.6. Epilepsy
7. Global Deep Brain Stimulation Devices Market Analysis and Forecast, By Product Type
    7.1. Segment Overview
    7.2. Dual Channel Deep Brain Stimulators
    7.3. Single Channel Deep Brain Stimulators
8. Global Deep Brain Stimulation Devices Market Analysis and Forecast, By End User
    8.1. Segment Overview
    8.2. Hospitals
    8.3. Neurological Centres
    8.4. Ambulatory Surgical Centres
9. Global Deep Brain Stimulation Devices 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 Deep Brain Stimulation Devices Market-Competitive Landscape
    10.1. Overview
    10.2. Market Share of Key Players in Global Deep Brain Stimulation Devices 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. 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. Beijing PINS Medical Co. 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. Aleva Neurotherapeutics SA
          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. Renishaw PLC
          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. Boston Scientific 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. Medtronic plc
          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. Functional Neuromodulation Ltd.
          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. Nevro Corporation
          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. NeuroPace 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. Neuronetics Inc
          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 Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)

2. Global Parkinson’s Disease In Deep Brain Stimulation Devices Market, By Region, 2017–2027(USD Billion)

3. Global Dystonia In Deep Brain Stimulation Devices Market, By Region, 2017–2027(USD Billion)

4. Global Essential Tremor In Deep Brain Stimulation Devices Market, By Region, 2017–2027(USD Billion)

5. Global Obsessive Compulsive Disorder Deep Brain Stimulation Devices Market, By Region, 2017–2027(USD Billion)

6. Global Epilepsy Deep Brain Stimulation Devices Market, By Region, 2017–2027(USD Billion)

7. Global Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)

8. Global Dual Channel Deep Brain Stimulators, Deep Brain Stimulation Devices Market, By Region, 2017–2027(USD Billion)

9. Global Single Channel Deep Brain Stimulators, Deep Brain Stimulation Devices Market, By Region, 2017–2027(USD Billion)

10. Global Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)

11. Global Hospitals, Deep Brain Stimulation Devices Market, By Region, 2017–2027(USD Billion)

12. Global Neurological Centres, Deep Brain Stimulation Devices Market, By Region, 2017–2027 (USD Billion)

13. Global Ambulatory Surgical Centres, Deep Brain Stimulation Devices Market, By Region, 2017–2027 (USD Billion)

14. Global Deep Brain Stimulation Devices Market, By Region, 2017–2027(USD Billion)

15. Global Deep Brain Stimulation Devices Market, By North America, 2017–2027(USD Billion)

16. North America Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)

17. North America Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)

18. North America Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)

19. U.S. Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)

20. U.S. Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)

21. U.S. Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)

22. Canada Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)

23. Canada Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)

24. Canada Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)

25. Mexico Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)

26. Mexico Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)

27. Mexico Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)

28. Europe Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)

29. Europe Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)

30. Europe Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)

31. Germany Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)

32. Germany Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)

33. Germany Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)

34. France Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)

35. France Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)

36. France Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)

37. U.K. Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)

38. U.K. Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)

39. U.K. Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)

40. Italy Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)

41. Italy Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)

42. Italy Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)

43. Spain Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)

44. Spain Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)

45. Spain Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)

46. Asia Pacific Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)

47. Asia Pacific Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)

48. Asia Pacific Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)

49. Japan Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)

50. Japan Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)

51. Japan Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)

52. China Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)

53. China Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)

54. China Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)

55. India Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)

56. India Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)

57. India Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)

58. South America Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)

59. South America Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)

60. South America Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)

61. Brazil Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)

62. Brazil Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)

63. Brazil Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)

64. Middle East and Africa Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)

65. Middle East and Africa Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)

66. Middle East Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)

67. UAE Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)

68. UAE Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)

69. UAE Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)

70. South Africa Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)

71. South Africa Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)

72. South Africa Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)

 

List of Figures 

1. Global Deep Brain Stimulation Devices Market Segmentation

2. Deep Brain Stimulation Devices 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 Deep Brain Stimulation Devices Market Attractiveness Analysis By Application

9. Global Deep Brain Stimulation Devices Market Attractiveness Analysis By Product Type

10. Global Deep Brain Stimulation Devices Market Attractiveness Analysis By End User

11. Global Deep Brain Stimulation Devices Market Attractiveness Analysis By Region

12. Global Deep Brain Stimulation Devices Market: Dynamics

13. Global Deep Brain Stimulation Devices Market Share By Application (2019 & 2027)

14. Global Deep Brain Stimulation Devices Market Share By Product Type (2019 & 2027)

15. Global Deep Brain Stimulation Devices Market Share By End User (2019 & 2027)

16. Global Deep Brain Stimulation Devices Market Share by Regions (2019 & 2027)

17. Global Deep Brain Stimulation Devices Market Share by Company (2019)

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

  • Market research helps businesses strengthen a company’s position
  • Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
  • Market research helps in identifying the potential threats and opportunities associated with the business industry
  • Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

  • Data Collection
  • Data Synthesis
  • Market Deduction & Formulation
  • Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

  • Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
  • Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends. 
  • Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information. 
    • We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:
      • Export & Import Data
      • Business Information related to trade and its statistics
      • Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.
  • In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & 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, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
  • Examining demographic along with psychographic segmentation for market evaluation
  • Analyzing the macro and micro-economic indicators for each demography
  • Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

  • Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
  • Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology. 
    • Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.
    • The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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