Global Anti-ageing drugs Market – Overview
Companies are showing much interest toward the anti-aging drugs market, as they feels there are huge opportunity and gap between the market demand and supply of effective treatments. Thus, companies are showing more interest in merger and acquisition activities for introducing best drugs that meet the requirement of market.
The development has been made by Johnson & Johnson in 2016, when they announced the acquisition of NeoStrata Company, Inc., for getting the global leadership and deliver advanced skin care drugs to consumers around the world. Also, in 2015, The Estée Lauder Companies Inc. announced the completion of its acquisition of GLAMGLOW. These acquisition will leads to innovation in better way and help them to compete there competitor with more effective manner. Johnson & Johnson try to feel the gap along with market players such as GlaxoSmithKline plc (U.K), Johnson & Johnson, Nu Skin, Novartis AG, RGP Life Sciences, The Estée Lauder Companies Inc., Bayer Pharma AG, L’Oréal S.A., Elysium Health Inc.
The global anti-ageing drugs market is showing the significant growth; mainly due to increase in ageing population, growing demand for anti-aging drugs, and influence of media and fashion industry. As per World Health Organization (WHO) estimates, by 2020, the number of people aged 60 years and older will outnumber children younger than 5 years and by 2050, 80% of older people will be living in low- and middle-income countries.
Global Anti-ageing drugs Market – Regional Analysis
The market of anti-ageing drugs is much higher in the Americas region. There are several factors for tremendous growth of the anti-ageing drugs market in this region such as high disposable income, increasing awareness of aesthetic looks, and increasing awareness about ageing signs. According to U.S. Census Bureau, Around 83.1 million are millennial present in United Nation which represent more than one quarter of the national population.
Europe is also consider huge market for anti-aging drugs players, owing to present of huge ageing population. Moreover, the population within the reason are more aware about the healthcare in comparison to other region like Asia Pacific and The Middle East and Africa.
Asia Pacific and the Middle East and Africa region are considering the big opportunity for the market players owing to changing life style. Whereas country like India and china of Asia Pacific region are considering fastest growing region. These countries are open to adopt new drugs from developed countries in order to improve the quality of life for their citizen. In 2014, it is expected that anti-ageing drugs market growth in Japan would be higher in compared to other Asian countries.
Japan is well developed country and have well established healthcare system and technology, whereas developing countries are still focusing on new technology which lead to increase in the demand for various anti-ageing drugs. Most of the countries from these region such as India and China are investing more into research and development activity for introducing better drugs at nominal price.
Business leadership throughout every department of the organizational ladder has been integral to the overall success of any given business.
Effective leadership has always been about executing the company’s vision or redefining and improving it, and in some cases setting the tone and the culture for that particular organization.This usually means creating and planning, securing resources, and watching out for and improving errors.
Leadership has always been about motivating people to work together and cooperate with themselves and in some cases, other teams, to achieve a certain goal.Keeping things in perspective, it is also important to point out that leadership is different from managing.
On one hand, management is also an integral part of the success of an organization, but it is fundamentally different from leadership.Analyzing logistics, balancing budgets and so on, and similarly while good managers could have effective leadership skills which is actually very ideal, the two traits do not necessarily always go together.For a business leader, one always needs to be on their toes and on alert in order to ensure that the organization has a vision and stays on course towards the achievement of that vision.
This often happens because in the course of everyday ebbs and flows in an organization, the employees and the organization as a whole may at some point lose track of the big picture.
A good business leader always ensures that the ship is sailing the right direction, even in times that the organization may have lost its course.Creating an initial business plan or strategy is an obvious essential part of a leader’s role, but they also need to be able to guide and support the organization through periods of strategic and operational change.
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As we consider that a team does not have a meaning without a leader, in the same way, a leader does not have any meaning without his/her team or group of subjects.
A leader can beholder of an effective designation, but an effective designation holder cannot always possess leadership qualities.
A leader is defined as the possessor of the support, faith, and trust of his team of subjects, who is the basic follower of the rule “Together Everyone Achieves More (TEAM).” A Leader is the one who wisely knows the matter of interest of his team members.There are people who possess different types of leadership qualities and handle their teams respectively.
Based on the quality people possess there are three basic types of leadership styles, they are: -Authoritative or Autocratic Leadership: - A leader who follows an authoritative or autocratic leadership style is the one who undermines the suggestion of his team members.
Exerts his/her authority and Forces their decision on his/her subjects.Democratic or Participative Leadership: - A leader who follows a democratic or participative leadership style is the one who includes his/her subjects in the decision-making process but keeps the power of final say with him/her.Free-Reign or Laissez-Faire Leadership: - A leader who follows a free-reign or laissez-faire leadership style is the one who provides no guidance to the team with the power of decision making delegated to the team members.As per Mr. Shailesh Rajpal, Founder and Director of Rajpal Group, Democratic or Participative Leadership is the most suitable leadership style for a company, which surely is.
Mr. Shailesh Rajpal himself is a democratic leader as he allows the employees to grow and develop in the professional environment while consulting him.
