High Cost of WGS Acting as a Restraint for Market Growth

LogoThough the cost of WGS has been declining on a consistent basis, patients still find the service's price significantly high, especially in the case of cancer, which includes interpretation, analysis and treatment costs. Since the pricing mechanism in the personalized whole genome cancer sequencing is unregulated, private players charge different prices as per the technology used and services offered. Moreover, in the absence of insurance coverage, the out-of-pocket cost to patients fares pretty high.

Increasing ICT Awareness to Enhance the Distance Education Industry

LogoAccording to a new research report by RNCOS, "Booming Distance Education Market Outlook 2018", with increasing IT penetration in the country, Indians have become friendlier towards technological modes of education. This has driven distance education in the country. The advancement in the modes of education, has improved the reach of education to different areas. Institutions are readily imbibing advanced modes like ICT to improve the level of education and attract a larger audience.

Fuel Cells Apparent to Power Mobile Devices

LogoBatteries and chargers are the bane of a high-tech lifestyle. For each new device there are usually different size of battery, a different charger, and a new set of concerns about battery life. For years the industry has been searching for some type of "holy grail" that would allow road warriors to travel freely without being slaves to power sockets and backup batteries. In 2014, portable fuel cell shipments grew by 50%, says RNCOS in its latest research report.

US Leading the Global Food Safety Testing Market

LogoIn North American countries like US, foodborne diseases became significantly threatening in the previous decade during 2005 to 2010. Each year numerous Americans fall sick, get hospitalized or die from various foodborne diseases caused by bacteria like Listeria monocytogenes, Salmonella, etc. As a large share of American food is imported from different countries, including fruits, vegetables and raw meat, authorities in US are increasingly becoming cautious about the testing of imported food items. They verify the processing of meat, poultry and dairy products. Testing procedures are strict for domestic food products as well.

Nanoparticle Market Witness Growing Alliances and Collaborations

LogoThe propelling research and development phase in the field of nanoparticles and other nanostructures has fostered a number of collaborations in the sector. These strategic programs, partnerships, and initiatives through the public as well as private sectors aim to advance the field of nanotechnology and its commercialization. This is one of the factors that support the anticipation of Global Nanoparticle market growing at a CAGR of around 16.7% during the forecast period 2015-2020.

Integrated Circuit to Lead the Global Semiconductor Market

LogoGlobal semiconductor market is expected to experience a steady growth driven mainly by the increasing integrated ICs demand from consumer electronics especially from mobile devices such as smart phones, tablets etc. Recovery in the global economy and increasing demand from low end mobile phones will also surge the global semiconductor market in coming years. Further, global integrated ICs market is expected to experience a healthy growth with the increasing focus on consumer demand trend along with the manufacturing latest in-trend electronic products by enhancing the global semiconductor market.

Indian Dairy Industry Witnessing Strategic Alliances

LogoThe domestic demand for milk and milk products in India has now been increasing at an unprecedented rate, way faster than the increase in production. In order to fill the demand supply gap, government, autonomous bodies, milk federations and several private companies are opting for strategic moves in order to regain the foothold and establish a better supply chain. According to the recent report by RNCOS, strategic alliances like partnerships, new product development, cross-border collaborations, etc., is redefining the Indian dairy industry.

The Continent of Asia: Future Genetic Testing Hub

LogoAccording to the latest research study conducted by RNCOS, the Global Genetic Testing market is poised to reach nearly US$ 5 Billion by 2018. In terms of regional level, the genetic testing industry in Asia is in nascent stage, evolving continuously particularly due to the growth of molecular biology applications, technological breakthroughs, and augmented health standards. Amongst the most common applications of genetic testing in Asia are infectious disease testing, child health and cancer risk studies. Countries such as Singapore and Japan have a well defined industry, while India and China are amongst the fastest evolving nations for genetic testing. A common trend in the Asian region is the growth of several DTC genetic tests.

Rising Public Expenditure Favoring Brazilian Pharma Growth

LogoAccording to a new research report by RNCOS entitled, "Brazil Pharmaceutical Market Outlook 2018", Brazil is among the few countries in the world to have a universal and free public health-care system. The taxes paid by Brazilians cover all kinds of services and treatments offered by the National Health System (System UNICCO de Saudi, SUS), without charging any additional amounts to the user. SUS's share of industry expenditures, which include Federal, State and Municipal governments, has grown from 41.7% in 2006, to the current level of 46%. In addition, starting in 2013, the country planned that at least 12% of State and 15% of municipal resources would be available for investment in healthcare.

China Witnessing Strong Growth Potential for Global CCTV Market

LogoGlobal CCTV market is expected to experience a healthy growth in coming years with the increasing concern for security, safety and transition from a conventional base that's typically financial, insurance, and IT related to the construction, transportation, and education base. Development of provincial economies assisted by various infrastructure segments such as roads, telecommunication systems and airports create immense opportunity to homeland security and public safety systems. It is anticipated that, growth of Chinese security market will enhance the global CCTV market in coming years.