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HCS 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.Major Growth Drivers: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.Expected Revenue Growth: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.Accessories to Fuel the Growth of high content screening market : HCS 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.HCS instruments such as flow cytometers and multimode readers have relatively complex technologies.

Experts with a good knowledge of cell-based assays and handling software & instruments are required for their optimum utilization.

A survey conducted by the Association of the British Pharmaceutical Industry (ABPI) in the U.K. revealed a lack of skilled personnel in pharmaceutical companies.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=42710391By product, the HCS instruments segment is expected to dominate the marketThe HCS instruments market accounted for the largest share of HCS market primarily attributed to advances in instrumentation and automation techniques and high prices of the HCS instruments.

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.

However, the ability that sets them apart in these spaces relies on the dexterity of obtaining result-driven sales data.New research from Experian Data Quality states that 88% of companies have a direct impact on their results due to inaccurate data, while an average company loses 12% of its revenue just because they fall short in B2B lead generation.

And what keeps them away from generating high-quality leads is the crucial quality data.

After all, it’s not just about raising the conversions counts; it is about protecting a business from the risk that may arise due to communication with incorrect contact information.

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Better data direct to more precise contact discovery and communication, especially in omnichannel environments driven by many organizations.Incorrect data can, in many ways result in lost revenue in communication that cannot be converted to sales, for example, if the primary customer data is indecent.

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