ReleaseWire Connect

The pharma industry is going through a rough patch even after the economic recession has ended and the global economy is improving.

Compulsory health insurance segment is anticipated to grow at a CAGR of around 11% during 2011-2014, says RNCOS in its latest research report.

Improving disposable income along with continuously increasing demand will drive the growth of Russian automobile industry to grow at a CAGR of around 32% during 2011-2014, says RNCOS.

According to our research report “Brazil Housing Sector Analysis”, Brazil housing industry has been experiencing tremendous growth for the past few years on the back of increasing demand for real estate finance and residential property. The government’s commitment towards the development of housing industry and favorable policy framework has encouraged developers to invest in the Brazilian housing industry. Therefore, the housing demand in Brazil is anticipated to reach around 1.8 Million units by the end of 2014.

Backed by strong investments and the government support, the global bioinformatics market will grow at the CAGR of 26% during 2011-2013, RNCOS acknowledged.

According to our research report “Turkey Tourism Industry Analysis”, Turkey has emerged as the largest and the fastest growing tourism industry in the Middle Eastern region. The government is carrying out various promotional efforts along with heavy investments to project the country as a safe destination for overseas travelers. Additionally, the government has provided various incentives to promote tourism in the country. The government has also planned to invest huge amount in near future to build 22 new marinas in the country. The country’s tourism industry has become the fastest growing tourism destination leaving behind Russia and China.

With rapid adoption of biometric technology in government organizations and financial institutions, the sector is set to witness a CAGR of around 23% during 2011-2014; says RNCOS.

Rising prevalence of lifestyle diseases and related health concerns will help the Russian pharmaceutical industry grow at a CAGR of 13% during 2011-2013, says RNCOS.

According to our research report “South African Banking Sector Analysis”, South African banking sector is well-developed and highly liberalized. It is one of the largest and most deregulated sectors within the emerging markets. With the improvement in overall economic conditions, consumers are increasingly gaining confidence on the domestic banking system. This led to an increase in deposits with the banks of the country. Moreover, with increasing middle class population and rising per head disposable income, the overall deposits in the banks will reach to ZAR 3.4 Trillion (US$ 476 Billion) by 2014, growing at a CAGR of around 10.5% during 2011-2014.

Increasing awareness about insurance, disposable income, and distribution network in unexplored markets will drive the growth of insurance premium in China, growing at a CAGR of around 24% during 2011-2014, says RNCOS.