Hyperspectral Imaging Market Global Forecast To 2019 Hyperspectral Imaging Market | Page 5

INTRODUCTION • FIGURE 4 BOTTOM-UP APPROACH • • Sources: Secondary Research, White papers, Company Annual Reports, Press Releases, and MarketsandMarkets Analysis 2.2.3 MACRO INDICATOR-BASED APPROACH • Healthcare expenditure for each region was defined • Market size of all the main regions which includes; North America, Europe, and Asia was summed up to obtain the global market size 2.3 ASSUMPTIONS Parameter • Assumption Exchange rates All the revenues have been provided in the globally accepted currency of United States Dollar (USD). In order to convert various currencies to USD, average historical exchange rates have been used for specified years. For the historical and current exchange rates required for currency conversion purpose, the OANDA website has been used. Percentage Percentages have been rounded off wherever necessary. Market Growth The CAGR for the forecast period is assumed to be normalized and the effect of inflation, recession, economic downturn, regulatory or policy changes, and other factors have not been considered. Base year Base year considered for the report is 2014. Sources: Secondary Research, White papers, Company Annual Reports, Press Releases, and MarketsandMarkets Analysis [email protected] www.marketsandmarkets.com 5