Compound Management Market : Expansion of pharmaceutical & biopharma manufacturing in emerging markets

 Compound management is the storage and management of chemical libraries and biosamples used for drug discovery research and clinical purposes. This process comprises multiple steps, including sample acquisition, storage, reformatting, assay plate preparation, and retrieval of a compound/sample.

[118 Pages Report] The Compound management market is projected to reach USD 424.5 million in 2023 from USD 215.3 million in 2018, at a CAGR of 14.5% during the forecast period.

The growth of the market can be attributed to increasing drug discovery activities, the growing biopharmaceutical industry, and the rising trend in outsourcing compound/sample management.

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The rising drug discovery activity is leading to an increased demand for compounds, which is positively affecting market growth.

The outsourcing services segment is projected to register the highest CAGR during the forecast period. This high growth is due to the shift in trend towards outsourcing compound management to third-party service providers. These companies are experts in compound management and provide various services to pharmaceuticals, biopharmaceuticals, and CROs with regard to their compound storage needs, and are reasonably priced.

The rising drug discovery activity, coupled with increasing pharmaceutical companies, is the major factor driving the growth of the segment.

Biopharmaceuticals form the fastest-growing segment of the pharmaceutical industry. The growth of this sector will also support that of the sample management market, as increased biologic production will spur the demand for sample management. The growth of the biopharmaceuticals market is attributed to the increasing demand for biologics, the emergence of biosimilars, and increasing R&D expenditure in biopharmaceutical companies, as well as the increasing prevalence of chronic diseases.

Geographical growth scenario of Compound Management Market:

The large share of North America is attributed to the presence of the large pharmaceutical and biopharma industry. As a result, several companies in North America are engaged in drug discovery activities, which require the maintenance of substantial chemical libraries. Moreover, to maintain the productivity of such innovative drugs and biologics, most of the leading pharma and biopharma companies have started building compound management facilities or contracting external service providers.

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Leading market players and strategies adopted :

Brooks Automation (US), Hamilton Company (US), TTP Group (US), Labcyte (US), Biosero (US)

Why Small Businesses Should Consider Implementing Marketing Automation Software ?

 Marketing Automation Software is the most trending software in all sizes of businesses as well as all industries. This software automates all the marketing tasks and calculates ROI on any marketing campaign. With automation of various repetitive tasks, the marketing automation software proves to be very helpful for organizations as it saves a huge amount of time. It also schedules social media posts and interacts with clients based on personalized data. The marketing automation software has growing demand in B2C demand.

Why should small businesses invest in Marketing Automation Software?

Traditional method of marketing is still followed in various SMBs. All their marketing efforts take place with very limited resources. There is a big list of tasks that are done manually like email marketing, customer segmentation, customer follow-up and many more. Such tasks can be automated with the use of marketing automation software and can save organization’s time and money. Manual work comes with various disadvantages like: personalized marketing emails for thousands of clients that are impossible, managing social media account optimally is not possible, managing customer interaction history is also challenging, and many such disadvantages are associated with the manual work instead of marketing automation software use.

For overcoming all such disadvantages marketing automation software is the best solution for any organization. Here are few vital things that marketing automation software performs which can be beneficial for SMBs:

Single Platform

There are various software that are implemented in organization. Marketing automation software ensures that all the data is placed in single platform so that it becomes handy for entire team to get access of it. This helps to analyze the customer buying behavior as well. Marketing team member can easily get historical interaction with the customer and the customer interests along with the referral source, if any. This benefit definitely is helpful when it comes to improve key metrics along with customer satisfaction.

Return on Investment (ROI)

Marketing automation software is best when it comes to customer engagement and customer interaction. The software analyzes the customer satisfaction rate and improves it at places wherever needed. It also calculates the return on investment for the marketing campaigns of the company.

Affordable Solution

Pricing of any new addition to organization is very important criteria, especially when it comes for the small businesses. Marketing automation software is one time investment as it enables SMBs to enhance their productivity and provides high ROI. There are specific marketing automation software that are designed especially for small and medium businesses. These solutions are affordable and a one time investment software for such businesses.

Integration

For any organization, marketing and sales team works hand in hand. Unfortunately, data sharing between these two teams is tedious tasks. Marketing automation software makes it easy for these teams to share the data and integrates both the teams so that they can work collaboratively.

Growing Customer Demand

Customer satisfaction and retention is one of the important factors for organizations growth. Satisfying customers completely depends on the type of service they receive. Marketing automation software makes it easy by automating the responses for customer and sets reminders for customer interactions. It saves all the customer related data in single database that helps marketers to build healthy customer relationship. So getting marketing automation software is more important for SMBs because customers need it than them.

Marketing Automation will keep on advancing technically based on the growing demand by all the industries. In next few years, it will be become one of the mainstream software. The software definitely benefits all sizes organizations in terms of productivity, efficiency and ROI.

Suggested Read: Best Marketing Automation Software Vendors 2020 and Benefits

About 360Quadrants

360Quadrants is the largest marketplace looking to disrupt USD3.7 trillion of technology spends and is the only rating platform for vendors in the technology space. The platform provides users access to unbiased information that helps them make qualified business decisions. The platform facilitates deeper insight using direct engagement with 650+ industry experts and analysts and allows buyers to discuss their requirements with 7,500 vendors. Companies get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and start-ups alike. Experts get to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide. The platform has around 400 total buyers across various markets.

360Quadrants will also be launching quadrants in fields like Email Marketing, Social Media Analytics Software, and Social Media Management Software.

Contact:
 Mr. Agney Sugla
agney@marketsandmarkets.com
 630 Dundee Road, Suite 430
 Northbrook, IL 60062
 USA: +1-888-600-6441

Needle-Free Injection System Market : Increasing Incidence of Communicable Diseases Due to Needlestick Injuries

 Growth in this market is mainly driven by growing prevalence of chronic disease, increasing incidence of communicable disease due to needle stick injuries, rising demand for biosimilars and vaccination, advantages of drug delivery technology, increasing demand for self-injection devices. On the other hand, high development cost of needle-free injection systems over the conventional needle injection may hinder the growth of this market during the forecast period.

The global needle-free injection system market, in terms of value, is projected to reach USD 20.17 Billion by 2021 from USD 9.81 Billion in 2016, at a CAGR of 15.5% during the forecast period.

COVID -19 IMPACT ON THE Needle-Free Injection System Market

Several countries across the globe have seen non-urgent diagnostic imaging surgeries being postponed due to the pandemic. These procedures utilize additional resources and increase the risk of complications; depending on the procedure, they also increase the chance of needing equipment, resources, or materials such as hospital beds and PPE.

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Global Needle-Free Injection System Market is Segmented on:

1. Product
2. Technology
3. Usability
4. Type of Medication
5. Delivery Site

Based on the technology, the market is divided into Jet-based needle-free injectors, spring-based needle-free injectors, laser-based needle-free injectors and vibration-based needle-free injectors. The jet-based needle-free injector is expected to account for the largest market share in 2016, due to their advantages over the other injector systems.

By modality, the radiation dose management market is segmented into computed tomography (CT), fluoroscopy & interventional imaging, mammography, and nuclear medicine. The computed tomography segment accounted for the largest market share in 2019. The large share of this segment can be attributed to the increasing number of CT examinations worldwide and the rising awareness of radiation dose exposure.

Based on the type, the market is segmented into Liquid-based, projectile-based, powder-based needle-free injectors. The liquid-based needle-free injectors segment is projected to be the fastest-growing segment during forecast period in 2016. The advantages of this mode of delivery have drawn the attention of a number of market players.

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The geographical regions mapped in the report are:

North America is expected to dominate the market in 2016, with the U.S. accounting for a major share. However, Europe is expected to grow at the highest CAGR during the forecast period. The high growth in this market is attributed to the rising demand for biologics, growing prevalence of chronic diseases, technological advancements, mergers and acquisitions by major companies in the market, favorable reimbursement policies, increasing healthcare expenditure and regulatory approvals of new injection system are key factors driving the market growth in Europe.

Some key players mentioned in the research report are:

The needle-free injection system market is fragmented with several global as well as local players. Players in this market offer several detectors across different subsegments of this market. Key players in this market include Antares Pharma, Inc. (U.S.), Endo International plc (U.S.), PharmaJet (U.S), Bioject Medical Technologies Inc. (U.S), Medical International Technology, Inc. (U.S), INJEX Pharma AG (Germany), National Medical Products Inc. (U.S.), Valeritas, Inc. (U.S.), European Pharma Group (Netherland), PenJet Corporation (U.S), Crossject SA (France).

Aesthetic lasers market : Changing Lifestyle and Growing Disposable Income

 Growing adoption of noninvasive procedures, changing lifestyles, rising incidence of skin damage, reduction in procedural costs, and rise in medical tourism devices are the major factors driving the growth of the aesthetic lasers market. However, the rising adoption of energy-based devices and low focus of market players on aesthetic/cosmetic devices are restraining the growth of this market.

What the Aesthetic/Cosmetic Lasers Market Looks Like?

The global aesthetic lasers market is estimated to grow at a CAGR of 10.2% during the forecast period, to reach USD 1,132.7 Million by 2021.  The aesthetic lasers market is segmented on the basis of type, application, end user, and region. On the basis of type, the market is segmented into standalone lasers and multiplatform lasers. Standalone lasers are further segmented into carbon dioxide (CO2) lasers, erbium YAG lasers, diode lasers, pulsed dye lasers, Nd:YAG lasers, alexandrite lasers, other standalone lasers (argon, ruby, krypton lasers, and erbium:glass lasers). 

Increasing preference for noninvasive cosmetic procedures, increasing disposable income, technological advancements, and rising medical tourism are the major drivers of the aesthetic lasers market. However, lack of reimbursement will restrain the growth of this market.

Years considered for this report
2015 – Base Year
2016 – Estimated Year
2021 – Projected Year

Based on type, the aesthetic/cosmetic lasers type market is segmented into standalone lasers and multiplatform lasers. In this market, multiplatform lasers formed the fastest-growing segment as they provide scalable and upgradeable hybrid systems that can treat multiple indications.

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What Drives the Aesthetic/Cosmetic Lasers Market?

The growth of the global Aesthetic/Cosmetic Lasers Market is primarily influenced by the following factors:

•  Growing Adoption of Non-Invasive Aesthetic Procedures
• Changing Lifestyle and Growing Disposable Income
• Technological Advancements
• Growing Medical Tourism

 

Based on application, the aesthetic/cosmetic lasers type market is segmented into vascular lesions, acne & scars, pigmented lesions & tattoos, hair removal, skin rejuvenation, leg veins & varicose veins, and other applications (onychomycosis and gynecological conditions). The hair removal segment accounted for the largest share of the market due to factors such as high adoption of aesthetic procedures, developments in the laser technology, increased focus on body appearance, and high disposable income.

Based on end user, the aesthetic/cosmetic lasers type market is segmented into hospitals, private clinics, and medical spas. The private clinics segment accounted for the largest share in 2016 owing to the rising number of aesthetic/cosmetic procedures across the globe, increasing awareness about various aesthetic procedures and their benefits, growing preference of the patients for minimal invasive cosmetic surgeries, and growth in the number of private clinics and surgeons providing these treatments.

Target Audience:

• Aesthetic/Cosmetic Lasers Manufacturers
• Aesthetic/Cosmetic Lasers Distributors and Wholesalers
• Various Research and Consulting Firms
• Research Institutes
• Contract Manufacturing Organizations (CMOs)
• Original Equipment Manufacturers (OEMs)

 

Geographical growth scenario of Aesthetic/cosmetic lasers Market:

The market is segmented into four major regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW). Among these regional segments, North America is expected to account for the largest share of the global aesthetic lasers market. However, the Asia-pacific is expected to grow at the highest CAGR during the forecast period. The high growth in this regional segment can be attributed to factors changing lifestyles, rising incidences of skin damage, and increasing medical tourism in the region will drive the growth of this market.

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Leading market players and strategies adopted

Major players in the cosmetic lasers market include Aerolase (U.S.), Alma Lasers, Ltd. (Israel), Cutera, Inc. (U.S.), Cynosure, Inc. (U.S.), El.En. SpA (Italy), Lumenis Ltd. (Israel), Sciton, Inc. (U.S.), SharpLight Technologies (Israel), Syneron Medical Inc. (Israel), and Solta Medical (U.S.).

7 Tips for Selecting the Best Marketing Automation Software

 Marketing Automation Software is highly advanced software that enables marketing teams to get leads and convert them through the sales funnel. The software also helps analyze buyer behavior, along with detailed data on how the marketing campaign is performing as well as its ROI. The marketing automation software helps in setting automatic workflows that save time and ensures that users engage the required channels. It also gathers all user-related information, converts it into valuable data, and helps design impactful marketing campaigns. Marketing automation software is capable of efficiently engaging users in real-time so that they can be added to the sales funnel. It leverages user data and enables personalized communication to build long-lasting customer relationships. 

Tips To Select Best Marketing Automation Software 

Marketing automation software is available in different types and sizes, as every organization has different requirements. The software that is selected also needs to grow along with the organization, which is challenging. To select the best marketing automation software platform for your organization, you need to consider several factors. Hence, having a checklist handy is always helpful. Given below is a quick checklist that you can go through for selecting the best platform for your organization. 

Is the software powerful? 

For this, it is important to understand the strength of marketing automation software. This can be decided based on the features it offers. These features could be automated emails, social media integration, digitals ads, landing pages, SEO, lead capturing &nurturing, interaction with users, and many others. 

Is the software user-friendly? 

As the software is loaded with features, it is important to understand how easy it is to understand those features and use them. Hence, understanding its ease of use and the training required to use it is an important factor. 

Is the software customizable? 

Every business has different needs for different industries that they work with. Hence, understanding if the software is customizable and if it can create templates and other workflows based on specific tasks is a key factor to consider.

 

Is the software scalable? 

Marketing automation software should grow along with an organization’s growth and needs. Hence, if the platform is scalable, it can easily upgrade itself based on the growing customer base and business segment. 

Does the software support third-party integration? 

Marketing automation software works more efficiently if it is integrated with CRM software. A platform that supports existing systems becomes helpful as it enables multiple teams working on the same project to work collaboratively.  

Is the platform cost-effective? 

Marketing automation software comes at a particular cost that comprises setup charges, training costs, user based charges, service charges, and other such charges based on the vendor. Planning the budget to buy this software becomes helpful as companies can directly pitch for the required software with the planned budget. 

Does the vendor provide after-sales service or customer service? 

Marketing automation software users need constant customer support as the software deals completely with handling clients and potential customers. Thus, choosing a vendor that provides highly skilled technical support to resolve software related problems in real-time will be a good call. 

Checking customer reviews and feedback on the marketing automation software that you plan to purchase will also be very helpful. This will let you understand which software is used by organizations in your industry and could help narrow down your search. 

Suggested Read: Best Marketing Automation Software Vendors 2020 and Benefits 

About 360Quadrants 

360Quadrants is the largest marketplace looking to disrupt USD3.7 trillion of technology spends and is the only rating platform for vendors in the technology space. The platform provides users access to unbiased information that helps them make qualified business decisions. The platform facilitates deeper insight using direct engagement with 650+ industry experts and analysts and allows buyers to discuss their requirements with 7,500 vendors. Companies get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and start-ups alike. Experts get to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide. The platform has around 400 total buyers across various markets. 

360Quadrants will also be launching quadrants in fields like Email Marketing, Social Media Analytics Software, and Social Media Management Software. 

Contact: 
 Mr. Agney Sugla 
agney@marketsandmarkets.com 
 630 Dundee Road, Suite 430 
 Northbrook, IL 60062 
 USA: +1-888-600-6441