Research Methodology – Ultrasound Gels 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 Ultrasound Gels Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Ultrasound Gels Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Current and projected global demand for ultrasound gels.
- The number of existing manufacturers/suppliers and their production capacity.
- The amount of ultrasound gel being imported or exported.
- The pricing range of ultrasound gels in different regions.
- The economic conditions and spending on healthcare industry in different countries or regions.
- Market penetration and acceptance of new and innovative ultrasound gel products.
- Policies concerning import/export, subsidies, and regulations in different countries or regions that may affect the market.
Key Market Indicators
- Growth rate in the ultrasound device industry, as ultrasound gel is a complementary product.
- The number of ultrasound procedures performed annually.
- Changes in manufacturing technology for ultrasound gels.
- Volume and value of trade (import/export) of ultrasound gels.
- Social and demographic factors such as population aging, increased health consciousness, etc.
- Healthcare spending as a percent of GDP in major markets.
Growth Trends
- Innovation in ultrasound technology boosting the demand for high quality ultrasound gels.
- Increasing usage of ultrasound imaging in different healthcare fields â diagnostics, prenatal, therapeutic applications etc.
- The growing healthcare industry in developing countries may increase demand for ultrasound gels.
- Rising preference for non-invasive procedures.
- Surge in home healthcare trends might boost the sales of ultrasound gels.
- Growth of e-commerce, making it easier for customers to purchase these products.
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 Ultrasound Gels 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 Ultrasound Gels 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