RESEARCH METHODOLOGY
2.2.2 TOP-DOWN APPROACH
• The total flow cytometry market size was used in the top-down approach to estimate the sizes of other individual markets( mentioned in the market segmentation— by product & services, technology, application, end user, and region) through percentage splits from secondary and primary research.
• For the calculation of each type of specific market segment, the most appropriate immediate parent market size was used for implementing the top-down approach. The bottom-up approach was also implemented( wherever applicable) for data extracted from secondary research to validate the market segment revenues obtained.
• FIGURE 4 FLOW CYTOMETRY MARKET: TOP-DOWN APPROACH
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Global flow cytometry market( USD million)
Global flow cytometry market, by products & services, technology, application, end user, and region( USD million)
Percentage split for the market size of the subsegments of each market segment
Region-wise percentage split for the market size of the subsegments of each market segment
Region-wise market size for each subsegment
THE GLOBAL MARKET SIZE IS VALIDATED THROUGH PRIMARIES( Demand- and Supply-side Experts)
PRIMARY RESEARCH: Demand- and Supply-side Experts
SECONDARY RESEARCH: Annual Reports, Presentations, Press Releases, Journals, Paid Databases, and MarketsandMarkets Repository
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• Market shares were then estimated for top companies to verify the total market revenue arrived earlier in the bottom-up approach. With the data triangulation procedure and validation of data through primaries, the exact values of the overall parent market size and each individual market size were determined and confirmed in this study. The data triangulation procedure implemented for this study is explained in the next section.
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