Research Methodology – DNA-Encoded Library 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 DNA-Encoded Library Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the DNA-Encoded Library Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Number of major players in the market.
- Market value of all DNA-encoded libraries within a certain time frame.
- Pricing strategies of different companies.
- Investment in research and development for DNA-encoded libraries.
- The volume of DNA-encoded libraries being produced and sold.
- Market penetration across different geographies.
- Number of patents related to DNA-encoded libraries.
- Technological advancements and their implementation costs.
- The effect of governmental rules and regulations on the market.
Key Market Indicators
- Revenue growth of the market.
- Purchase rate of DNA-encoded libraries.
- Demand and supply ratio in the market.
- Relative competitiveness of the main market players.
- Technological advancements in the industry.
- Investment in new product development and innovation.
- Changes in market policies and regulations over time.
- Market demands based on different geographies.
Growth Trends
- Increased investment in research and development for DNA-encoded libraries.
- Rising healthcare awareness and increasing demand for personalised medicine.
- Advancements in technology increasing the efficiency of DNA-encoded library production.
- The entry of new competitors within the market.
- Increase in strategic partnerships and collaborations in the industry.
- Expansion of the market to developing nations.
- Increased governmental support for the DNA-encoded library market.
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 DNA-Encoded Library 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 DNA-Encoded Library 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