Clinical Trial Imaging Services Market Procurement Intelligence with COVID-19 Impact Analysis Report till 2025 | Grand View Research, Inc.

Imaging plays an important role in modern medicine. Modern imaging techniques including X-rays, ultrasound, CT scans, and MRI shows structures inside the patient’s body in considerable detail. To improve decision making, increase efficiency and potentially reduce trial costs, sponsors need to work with an imaging partner that can provide strategic advice on biomarkers in early phase development and demonstrate how medical imaging endpoints can provide objective evidence of a drug’s safety and efficacy.

The core clinical imaging solution include protocol design, site selection, site training and support, electronic image transfer and de-identification, certified radiologic technologist image QC, independent blinded image review, clinical data management and biostatistics, preparation for audits, and regulatory and compliance decisions.

Read report summary or request a free sample copy of the report “Clinical Trial Imaging Services Market Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence, Best Practices, Engagement Model, Low & Best Cost Country, Day One Analysis Report, 2020 – 2025”

Imaging is currently being utilized in the following three areas:

• Primary Study: Pharmaceutical companies are exploring innovative technologies that can bring new drugs to market sooner for unmet needs
• Early-phase Clinical Trial: Imaging is a natural fit for early phase trials since they are more dynamic and involve more scientific work than later-phase trials
• Late-phase Clinical Trial: As a product moves through clinical trials, the imaging focus shifts toward efficient trial management streamlined operational workflow for easy regulatory approval

Demand Outlook

The rise in clinical trials due to the surge in prevalence of chronic conditions, which require novel treatment option is driving the growth of the market. Project and data management is dominating the service type share in the market. It is also expected to witness the highest growth rate over the forecasted, as sponsors are outsourcing owing to high associated costs.

North America accounted for the major share of the clinical trial imaging services market and is expected to continue this trend owing to the surge in use of imaging as an endpoint in clinical trials which leads to sponsors outsourcing these services to save cost. Furthermore, the other major factor, which is the presence of major players such as Parexel International, ERT Clinical, Biospective, Inc. Intrinsic Imaging LLC leads to easy availability of clinical trial imaging service, which in turn boosts the growth of the market in the region.

Cost Drivers

High rise in cost for technological advancements and change in regulatory needs are few factors that compel pharmaceutical and biotechnology companies to outsource imaging services. Moreover, pharmaceutical companies are repeatedly engaged in the development of new therapeutics, which can be immensely expensive leading to a need to outsource.

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Grand View Research, Inc.

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Bearings Market Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Engagement Model | Detailed Analysis Report, 2020 – 2025

Bearings are mechanical assemblies that consist of rolling elements, majorly inner and outer races which are used for rotating or linear shaft applications. There are seven basic types of bearings used in machines across multiple industries including automotive, household applications, medical, industrial, etc.

• Ball bearings: Used in machinery that has shafts requiring support for low friction rotation.
• Roller bearings: Used in machinery with rotating shafts that require the support of heavier loads than ball bearings provide
• Mounted bearings: Used as take-up devices on the ends of conveyors and as flanged units along with intermediate points
• Linear bearings: Used in machinery that requires linear movement and positioning along shafts.
• Slide bearings: Used in the structural support of bridges, commercial and industrial buildings.
• Jewel bearings: Used in light rotating applications like watches, meter movements, gyroscopes.
• Frictionless bearings: Provide controllable shaft support through the air, magnetic fields for critical, high precision applications.

The bearings industry is becoming more technology-driven as buyers are asking for durable, cost-efficient bearings that offer more precision and longer operating life

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Demand Outlook

The global bearing market is expected to be valued at USD 170 billion by 2025 has grown at a CAGR of 8.5% from 2020 to 2025. The Asia Pacific is the largest geographic segment in the bearing market with a 40% market share. China is leading the global market due to the rapid expansion of machinery and motor vehicle production coupled with a strong aftermarket for industrial equipment and motor vehicle repair in the region. Besides China, the U.S., Japan, and Germany are the major bearing manufacturing countries.

Cost Drivers

High-grade steel and alloy steel are the primary raw material used for bearings manufacturing. Hence, bearings price is highly correlated with the global steel price movement. The steel price has reached a new high since the pandemic. However, it is expected to decline from the late second quarter through the end of 2021 due to a slight decrease in demand. Moreover, equipment manufacturers from the automotive and mining industries are working directly with bearing manufacturers from the early designing stage to optimize the cost involved in developing new equipment designs.

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About us:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of the supply chain which helps in efficient procurement decisions.

Our services include (not limited to):

· Market Intelligence involving - market size and forecast, growth factors, and driving trends

· Price and Cost Intelligence - pricing models adopted for the category, the total cost of ownership

· Supplier Intelligence - rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

· Sourcing / Procurement Intelligence - best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best-suited countries for sourcing to minimize supply chain disruption

Our market/procurement Intelligence reports include in-depth and actionable insights that help clients in understanding the different aspects of the supply chain and take more effective decisions.

Find More information @ https://www.grandviewresearch.com/pipeline 

Contact Information:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

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Agrochemicals Market Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence | Detailed Analysis Report, 2020 – 2025

Agrochemicals refer to the set of chemicals that are used in agriculture. These include pesticides, herbicides, or fertilizers used for the management of ecosystems in agricultural sectors. Agrochemicals are used for a variety of reasons ranging from protection against pests, improving nutrient quality, altering pH levels of the soil, and helping in the growth of the crop.

The prices of most agrochemicals are regulated in the market. However, there have been significant price fluctuations in the price of agrochemicals in the recent past. Herbicides, for example, have demonstrated uncertain price tendencies. While the prices of 2,4-D 98% Herbicide has shown a constant increase (from USD 2.6/kg in March 2017 to USD 3.79/kg in December 2020), similarly prices of Glufosinate 95% have been constantly declining (from USD 30.58/kg in March 2017 to USD 22.6/kg in December 2020).

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Demand Outlook

The global agrochemicals market is valued at USD 208.6 billion as of 2020 and is expected to grow at a CAGR of 3.4% till 2025. The geographic demand will be driven by APAC with countries like China, India, and Vietnam being the major consumers in the APAC market. Fertilizers and pesticides are the two most commonly used types of agrochemicals in the market and occupy approximately 60% of the overall agrochemicals market.

Cost Drivers

The growing need for food due to the growth in population is the fundamental reason which drives the growth of agrochemicals. In addition to this, the requirement of healthy food with adequate nutrients and crops untarnished by pests are driving the requirement for fertilizers and pesticides. Over the last decade, the requirement for biofertilizers has been consistently increasing. Similarly, the overall requirement for bio-based products in agrochemicals as compared to synthetic agrochemicals has increased. One of the major downsides of synthetic agrochemicals is that it is not sustainable in nature. While the immediate effects of using synthetic agrochemicals are fulfilling, it leaves the soil barren over an extended period of time. Bio-based agrochemicals cost higher than their synthetic counterparts. Therefore, the growing demand for bio-based agrochemicals is helping drive the overall growth of the market from a value-based perspective.

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About us:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of the supply chain which helps in efficient procurement decisions.

Our services include (not limited to):

· Market Intelligence involving - market size and forecast, growth factors, and driving trends

· Price and Cost Intelligence - pricing models adopted for the category, the total cost of ownership

· Supplier Intelligence - rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

· Sourcing / Procurement Intelligence - best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best-suited countries for sourcing to minimize supply chain disruption

Our market/procurement Intelligence reports include in-depth and actionable insights that help clients in understanding the different aspects of the supply chain and take more effective decisions.

Find More information @ https://www.grandviewresearch.com/pipeline 

Contact Information:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

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Surgical Robot Market Opportunities, Segmentation and Forecast Report till 2024

November 08, 2021: Global Surgical Robot Market is anticipated to grow considerably in the forecast period owing to the growth in (MIS) Minimally Invasive Surgery worldwide. Surgical robots are sophisticated robots that carry out medical procedures on patients. These systems potentially improve the safety and perform surgeries effectively. These systems support major advances like minimally invasive surgery, remote surgery, and unmanned surgery.

Surgical robots market is driven by factors like growing geriatric population, increasing chronic conditions, complexities of surgical treatments, rising need for healthcare automation and growing economic growth. However, the market of surgical robot is facing obstructions due to the challenges of laparoscope control and risks associated with robotic surgery.

While the concept of surgical robots is still uncommon in most places, several hospitals are accepting robotic systems. Adoption of Nano and micro robots for urological surgeries, emphasis on development of cost-efficient robot systems, growing research & development, and wide use of robots in general procedures are the remarkable trends observed in the surgical robot industry. However, high capital is a major challenge surgical robot market faces.

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Surgical robots industry is categorized on the basis of surgery type, component, and geography. On the basis of surgery type, the market is divided into general surgery, neurosurgery, gynecology surgery, orthopedic surgery, urology surgery. Owing to increase in number of orthopedic surgeries, the segment leads the market growth in the years to come.

Based on components, surgical robots market is split into accessories, systems and services. Accessories segment is predicted to rise substantially due to extensive use of accessories in several surgeries. Also, in terms of revenue the segment is expected to witness progressive growth rate.

Geographically, surgical robots industry is segmented as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Owing to the increasing acceptance of surgical robot systems in various healthcare institutions and advanced healthcare infrastructure, North America dominated the market of surgical robot in the past years and is expected to continue its dominance in future as well.

The prominent players in surgical robot industry comprise Accuray Inc., Hansen Medical Inc., Intuitive Surgical Inc., MedRobotics, Mazor Robotics, Synaptive Medical, Stryker Corporation, Renishaw plc, Think Surgical, TransEnterix Inc., Corindus Vascular Robotics, Smith & Nephew, Stereotaxis, Titanmedical, and Zimmerbiomet.

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Market Segment:

Global Surgical Robots Market By Product, (USD Million) 2014 - 2024

    • Robot System

    • Instrument & Accessories

    • Services

Global Surgical Robots Market By Brand, (USD Million) 2014 - 2024

    • da Vinci Surgical System

    • CyberKnife

    • ROSA

    • MAKO

    • Renaissance

    • Other

Global Surgical Robots Market By Application, (USD Million) 2014 - 2024

    • General Surgery

    • Urology

    • Orthopedic

    • Neurosurgery

    • Cardiovascular

    • Gynecology

    • Radiology

    • Transplant

    • Gastrointestinal

    • Others

Surgical Robots Market By Region, (USD Million) 2014 - 2024

    • North America

    • U.S.

    • Canada

    • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

    • Asia Pacific

    • Japan

    • China

    • India

    • Latin America

    • Brazil

    • Mexico

    • MEA

    • South Africa

    • Saudi Arabia

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Paper Diagnostics Market Segmentation, Growth Factor And Opportunity Analysis till 2022

November 08, 2021: Global Paper Diagnostics Market is expected to reach USD 8.35 billion by 2022. Paper diagnostics are the tools that are rugged enough, simple to use, and cheap for rural areas that could save thousands of lives across the globe. A disposable and versatile test that may analyze blood or urine for indication of chronic conditions or infectious diseases. The paper diagnostics market is estimated to grow at a significant CAGR of 7.5% over the forecast period as the scope and its applications are rising enormously across the globe.

The factors that are playing a major role in the growth of the paper diagnostics market are growing occurrence of diseases that can be monitored or diagnosed with paper diagnostics, growing number of patients suffering from diabetes, and benefits like cost-efficient, fast results, and less complexity. However, the presence of alternatives may restrain overall market growth in the years to come. Paper diagnostics industry is segmented based on product type, device type, application, end-user, and region.

Lateral flow assays and dipsticks are the product types that could be explored in paper diagnostics in the forecast period. Lateral flow assays sector accounted for the significant market share of paper diagnostics in terms of revenue and is estimated to continue with its dominance in the years to come. This could be because of its extensive usage in the form of pregnancy tests across the globe.

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Monitoring devices and diagnostic devices are the device types that could be explored in paper diagnostics in the forecast period. Diagnostic devices sector accounted for the substantial market share of paper diagnostics and is estimated to grow at highest CAGR in the years to come. The reason behind the overall market growth could be high flexibility and adaptability and application in food pathogen detection and infectious diseases diagnosis. In addition, monitoring devices sector is estimated to grow at the fastest pace in the years to come.

The market may be categorized based on applications like environmental monitoring, clinical diagnostics, food quality, and others could be explored in the forecast period. The clinical diagnostics sector accounted for the substantial market share of paper diagnostics and is estimated to grow at highest CAGR in the years to come. The reason could be the growing occurrence of infectious diseases, liver disorders, and cancer.

Academic and research institutes, hospitals, home healthcare, clinical diagnostic laboratories, and other end-users could be explored in paper diagnostics in the forecast period. Hospitals sector accounted for the significant market share of paper diagnostics and is estimated to lead the overall market in the years to come. The reason behind the growth could be increasing use of paper-based tests in primary clinical diagnosis.

Globally, North America accounted for the significant market share of paper diagnostics and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be rising awareness among consumers regarding paper diagnostics, growing occurrence of diseases like HIV, hepatitis, and cancer, and government initiative.

Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The aspects that may be ascribed to the growth comprise increasing acceptance of home healthcare over hospitalization and growing occurrence of infectious diseases.

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The key players of the paper diagnostics market are Siemens Healthcare, Alere, Bio-Rad Laboratories, Abcam, Sigma-Aldrich, ACON Laboratories, Surmodics, SD Biosensor, and Innova Biosciences. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.

Market Segment:

Global Paper Diagnostics Product Outlook (Revenue, USD Million, 2012 - 2022)

    • Dipsticks

    • Lateral Flow Assays

Global Paper Diagnostic Device Type Outlook (Revenue, USD Million, 2012 - 2022)

    • Diagnostics devices

    • Monitoring devices

Global Paper Diagnostics Application Outlook (Revenue, USD Million, 2012 - 2022)

    • Clinical diagnostics

    • Cancer

    • Infectious diseases

    • Liver disorders

    • Others

    • Food quality testing

    • Environmental Monitoring

Paper Diagnostics Regional Outlook (Revenue, USD Million, 2012 - 2022)

    • North America

    • U.S

    • Canada

    • Europe

    • U.K

    • Germany

    • Asia Pacific

    • Japan

    • China

    • India

    • Latin America

    • Mexico

    • Brazil

    • MEA

    • South Africa

    • Saudi Arabia

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

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Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com

Liquid Flavor Market Opportunities, Segmentation and Forecast Report till 2022

November 08, 2021: The global Liquid Flavor Market is projected to grow at a significant CAGR during the forecast period. Initially, many flavors are produced in a physical form that is unfit for food applications. Conversion of solid to liquid and solid to various other forms takes place in the post-production process.

Common processes include spray chilling, spray drying, powder adsorption and emulsification. On the other hand, liquid flavors entail use of flavor oil to flavor soft drinks. Flavor oils are immiscible in water as fondants and are to be prepared with an oil-in-water emulsion for dispersion in water.

The key drivers for liquid flavor market comprise change in consumer lifestyle, rise in demand for dessert and pastry and rise in disposable income. In addition, the market also witnesses a rise in quality commitment in the food & beverages sector due to the stringent regulations and business conduct. Liquid flavor market is segmented into type, application and flavor. Type segment includes syrups, creams, fruit & nut sprinkles and fondants.

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Geographical segmentation for liquid flavor industry includes North America, South America, Europe, Asia-Pacific, Middle East and Africa. North America dominates the global market scenario due to rise in demand for cakes, pastries and sugared beverages. Rise in consumer spending capacity is a major reason for market growth.

Asia-Pacific regions are likely to grow at a higher rate due to presence of a well-defined eateries and food supply. Rise in disposable income and increase in consumption of sweeteners, chocolates, cakes and pastries augment the market demand. Population explosion is another factor contributing to enlarged demand. Middle Eastern and African markets are likely to grow at a moderate CAGR due to low-income and low preference for bakery items and carbonated drinks.

The key players in the liquid flavor market include Archer Daniels Midland Company, Cargill Corporation, Barry Callebaut, Olam International Limited, Associated British Foods Plc, AAK AB, Hanan Products, Bake’n Joy, Ingredion Corporation and Tate & Lyle Plc.

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Market Segment:

Global Liquid Flavor Product Outlook (Revenue, USD Million; 2012 - 2022)

    • Organic Flavor Concentrates

    • Flavor Extracts

    • Artificial Flavor Liquids

Global Liquid Flavor Application Outlook (Revenue, USD Million; 2012 - 2022)

    • Beverages

    • Bakery & Confectionery

    • Dairy & Frozen Foods

    • Processed Foods

    • Others

Global Liquid Flavor Regional Outlook (Revenue, USD Million; 2012 - 2022)

    • North America

    • U.S.

    • Europe

    • Germany

    • Italy

    • France

    • Asia Pacifi

    • China

    • India

    • Central & South America

    • Middle East & Africa

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person: 

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com

Botulinum Toxin Market Analytical Overview, Size, Share, Growth Factors, Demand and Trends Forecast till 2025

November 03, 2021: The global Botulinum Toxin Market size is expected to value at USD 7.3 billion by 2025. The market is subject to witness a substantial growth due to the ever-growing population and rising number of minimally invasive or non-invasive procedures performed each year. Botulinum toxin is commonly used as a neurotoxin, which is typically found in various antigenic forms namely BNT-A, BNT-B, BTT-C, BNT-D, BNT-E, BNT-F and BNT-G.

These antigenic forms are produced with the help of an anaerobic bacterium, Clostridium botulinum. Common application of the botulinum toxin is the aesthetic therapy. Hence, these factors are expected to play vital for sustained market growth in the upcoming years. Globally, the botulinum toxin industry is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the market of botulinum toxin.

However, use of botulinum toxin has severe side effects such as allergic reactions, rashes, neck and back pain, thus liming market growth to a certain extent. Unauthorized use of botulinum toxin can also lead to difficulty during swallowing food, shortness of breath and nausea thereby further restraining market advancement. Furthermore, higher cost of these expensive procedures coupled with minimum availability of the products like Myobloc by Solstice are expected to negatively affect overall market performance. Yet, increasing adoption of neurotoxins in therapeutics as well as cosmetic application are expected to fuel market demand for botulinum toxin over the next seven years.

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Botulinum toxin is gaining a wide popularity in cosmetic as well as aesthetic applications due to properties such as anti-aging and facial therapy. Rise in the number of application of botulinum toxin involving treatment of frown lines, crow’s feet lines, and glabellar lines are anticipated to boost market growth over the forecast period. The aesthetic segment has largest share in the botulinum toxin market in the last few years. Additionally, increasing approval rate by regional and international authorities are predicted to drive market demand over the next seven years.

For instance, FDA has approved use of botulinum toxin for the treatment of hyperhidrosis, cervical dystonia, post-stroke upper limb spasticity, and urinary incontinence & overactive bladder. Rise in the number of research & development activities coupled with favorable government laws & regulation are expected to offer lucrative growth opportunities for market players in the near future. Botox injections involving botulinum toxin weaken and completely paralyzes muscles and blocks certain nerves, which is influential during complex treatments. The effect of botulinum toxin commonly lasts about three to twelve months depending on the type of treatment.

The botulinum toxin industry is broadly categorized into two major segments based on the application type such as therapeutics and aesthetic. The aesthetic industry is considered as one of the faster growing segment in the botulinum toxin market with substantial revenue generation in the last few years. Growing popularity of the botulinum toxin in the segment attributes to the numerous application such as improving the facial appearance and reduction in signs of aging. The therapeutics segment has also witnessed substantial growth owing to the increasing approval rate across the globe for the use of botulinum toxin.

The botulinum toxin industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in the healthcare sector, higher disposable income, availability of a variety of aesthetic procedures for enhancing external appearance and existence of well-established infrastructure.

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Asia-Pacific region is predicted to hold major market share in the botulinum toxin market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with increasing healthcare expenditure, rising awareness among consumers, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the botulinum toxin industry are Allergan, Inc., Ipsen Group AG, Merz Pharma GmbH & Co., KGaA, Medytox Inc., US Worldmed, LLC, Lanzhou Institute of Biological Products Co., Ltd., and Revance Therapeutics, Inc.

Market Segment:

Product Type Outlook (Revenue, USD Million; 2013 - 2025)

    • Botulinum Toxin Type A

    • Botulinum Toxin Type B

End Use Outlook (Revenue, USD Million; 2013 - 2025)

    • Therapeutic

    • Aesthetic

Regional Outlook (Revenue, USD Million; 2013 - 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • UK

    • Asia Pacific

        • China

        • Japan

    • Latin America

        • Mexico

        • Brazil

    • MEA

        • South Africa

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person: 

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com