Research Methodology – Dementia Care Products Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Dementia Care Products Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Dementia Care Products Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Prevalence and incidence rates of dementia and other related diseases.
- Demographics such as age, sex, and geographical location.
- Healthcare expenditure in different regions/countries.
- Number of healthcare facilities providing dementia care.
- Government spending on mental health care.
- Insurance coverage and reimbursement scenarios.
- Product pricing and average expenditure on dementia care products.
- Competitor analysis (market presence, variety of products offered, etc.)
Key Market Indicators
- The growth rate of aging population.
- Changes in healthcare policies related to mental health.
- Dementia patient count and forecasted numbers.
- Technological advancement in the healthcare industry.
- Supply-demand dynamics of dementia care products.
- Rate of diagnosis and treatment of dementia.
- Acceptance and adoption rate of various dementia care products.
Growth Trends
- Increasing awareness about dementia and mental health.
- Advancements in dementia diagnosis and treatment.
- Rising demand for home-based care products.
- Increase in strategic collaborations and partnerships in the market.
- Growth of online sales channels for dementia care products.
- Improved access to healthcare services in emerging markets.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Dementia Care Products Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Dementia Care Products Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights