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The software segment is expected to register the highest growth during the forecast period.

[166 Pages Report] MarketsandMarkets forecasts the high content screening market to grow from USD 557.1 million in 2017 to USD 909.0 million by 2022, at a Compound Annual Growth Rate (CAGR) of 10.3% during the forecast periodThe major factors that are expected to be driving the high content screening market are need for cost containment in pharma R, growth in funding for cellular research, and technological advancements in HCS solutions are expected to support the growth of the HCS market during the forecast period.

On the other hand, the high cost of HCS instruments and the dearth of knowledgeable and skilled personnel for the operation of high-content screening instruments are expected to restrain the market growth to a certain extent.Market DynamicsNeed for Cost Containment in Pharmaceutical RGovernment Funding and Venture Capital Investments Across Developed MarketsAdvancements in Informatics Solutions and Imaging InstrumentsNeed for cost containment in pharmaceutical RAccording to the California Biomedical Research Association (CBRA), it takes an average of 12 years for a drug to travel from the research lab to the patient, including 1–6 years for toxicology studies alone.

In addition, only five in 5,000, or 10%, of the drugs that begin preclinical testing ever make it to human testing.

The high cost and long duration of drug development are compelling pharmaceutical companies to revise their R expenditure.Get a sample PDF copy of the Report @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=42710391HCS is used in several stages of the drug discovery process, including primary and secondary screening, target identification and validation and toxicity studies.

As HCS instruments are expensive, they add to the overall drug development expense for pharmaceutical and biopharmaceutical companies.

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So, if you are in the same place as when you started out and you have not found any challenges to turn into opportunities that can be availed with the latest trends and technologies, then you are not going about it in the right way!When we think of tools and technologies that can power and transform entire businesses irrespective of the size or reach, then we immediately think of CRM and automation.

Here’s a quick list of benefits.The Lead Game: A CRM software can help you generate leads and then nurture those leads in a far more efficient manner.

For this, we have to first understand what leads are.

This CRM software would then run in the background to help you create a data driven strategy based on the information that it captures within the framework that you have set.

For CRM to work, you would also need integrations like marketing automation and sales analysis as well as sales automation, among many others.

Now, you would need to integrate a number of tools with the CRM so that the information stored in this centralized framework can be used by the right team members at the right time.

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The major factors that are expected to be driving the high content screening market are need for cost containment in pharma R, growth in funding for cellular research, and technological advancements in HCS solutions are expected to support the growth of the HCS market during the forecast period.

On the other hand, the high cost of HCS instruments and the dearth of knowledgeable and skilled personnel for the operation of high-content screening instruments are expected to restrain the market growth to a certain extent.MarketsandMarkets forecasts the high content screening market to grow from USD 557.1 million in 2017 to USD 909.0 million by 2022, at a Compound Annual Growth Rate (CAGR) of 10.3% during the forecast period.

High Content Screening Market by Product (Cell Imaging & Analysis System, Flow Cytometry, Consumable, Software, Service) Application (Primary & Secondary Screening, Toxicity Studies, Target Identification & Validation), End User.The growth of this market is attributed to the technological advancements in image acquisition, data analysis, and storage capabilities and the need to obtain information on changes in cell morphology through high-quality images.Ask for FREE PDF Brochure @https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=42710391Driver: Need for cost containment in pharmaceutical RAccording to the California Biomedical Research Association (CBRA), it takes an average of 12 years for a drug to travel from the research lab to the patient, including 1–6 years for toxicology studies alone.

In addition, only five in 5,000, or 10%, of the drugs that begin preclinical testing ever make it to human testing.

The Tufts Center for the Study of Drug Development (U.S.) report published in the Journal of Health Economics in March 2016 estimates that the average cost to develop and gain a marketing approval for a new drug amounted to USD 2.56 billion.The high cost and long duration of drug development are compelling pharmaceutical companies to revise their R expenditure.

A confocal microscope can cost more than USD 200,000.

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