RESEARCH METHODOLOGY
2.4
RESEARCH ASSUMPTIONS
•
The following assumptions were taken into consideration to complete the overall market engineering of the flow
cytometry market:
•
PARAMETER
ASSUMPTION
IMPACT
ECONOMY
A positive economic climate will
continue in the Asia-Pacific countries
till the end of 2021
This will result in positive spending on flow cytometry
related R&D and applications of flow cytometry products &
services
GOVERNMENT R&D
SPENDING PATTERNS
The current R&D spending patterns
were assumed to be consistent in
emerging nations during the forecast
period
This will lead to increasing growth opportunities for market
players in the emerging Asia-Pacific and Latin American
countries
EXCHANGE RATES
It is assumed that USD fluctuations
will not affect the market forecast to a
significant extent
Stability in exchange rates will stabilize the prices of flow
cytometry products during imports and exports
COMPANY
FINANCIALS
The revenues of private companies
acquired from paid databases were
assumed to be in line with the actual
company financials
The revenue of companies are of high importance for
estimating the size of the parent market and its
subsegments
•
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