Global ADC Market to Reach US$ 3 Billion by 2018

LogoAccording to a new research report by RNCOS entitled, “Global Antibody Drug Conjugate Market Outlook 2018”, the global market for ADCs is estimated to reach approximately US$ 3 Billion by 2018, growing at a CAGR of around 55% over 2014-2018. The market presently consists of only two ADCs namely, ADCETRIS and Kadcyla. However, these ADCs are also being incorporated with different therapies in various phases of clinical trials, an indication that the coming years will witness stupendous growth.

Health Providers Expanding Networks to Make ACO Programs Successful

LogoUS ACOs are exhibiting a bright future and are anticipated to cover a huge share of population in coming years. With their growing popularity, investments for these programs are also growing tremendously in the country. Various major hospitals and health organizations are expanding their network to provide low cost and high quality care to the patients. Some of the ACOs are contributing in government's medical expenditure saving and earning profits, while the others need to focus more to achieve success.

Development of Economic Cities Drive Steel Demand in Saudi Arabia

LogoSaudi Arabia steel industry is expected to experience a significant growth driven mainly by establishment of smart economic cities. Increasing population in the Kingdom thrives the demand for huge residential projects along with better hospitality, educational, communication and transportation facilities. To meet this demand, Saudi Arabia is establishing economic cities to provide most advanced urban communities in terms of sustainability to its citizens. Steel is the most widely used construction material due to its strength, performance, consistency and flexibility in design. It is expected that, steel demand in the Kingdom will increase significantly in coming years.

Pharma Companies Bid on Emerging Technologies: Bioinformatics

LogoPharmacy giants are realizing the true potential of data intensive experiments and, as a result, bioinformatics is now a rapidly expanding sector. Its development has been fuelled by technological advances such as increased computing power, innovative algorithms and novel data management techniques, alongside some brilliant researchers.

Tiles Industry Attaining Robust Growth

LogoTiles in India were traditionally used for designing floors, and walls of kitchens and bathrooms; however, they have made an entry into drawing rooms and bedrooms as well in the modern day housing. According to a new report by RNCOS, “Indian Housing Sector Outlook 2018”, the growing demand for housing due to a vast young population-base, government funding, and a booming economy will provide new heights to the tiles industry in the coming years which in turn will escalate the growth of the industry.

Rural Vietnam Holding Huge Potential

LogoVietnam, one of the largest and fastest-growing markets in Southeast Asia, has bright prospects in the coming years. As the economic growth continues, there is an increasing interest among the local and foreign players regarding Vietnam’s rural market. The rural community in Vietnam accounts for more than half of the population in the country and is enjoying an income growth of more than 40%. Consumers in Vietnam are optimistic about the future, and this optimism is also consistent within the rural community.

Direct-to-Consumer (DCT) Genetic Testing

LogoRNCOS, in its latest research report titled “Genetic Testing Market Outlook 2018”, highlighted that the genetic testing equipment market is anticipated to grow at a CAGR of around 9% during 2013-2018. Traditionally, genetic tests have been available only through healthcare providers such as physicians, nurse practitioners, and genetic counselors. Healthcare providers order the appropriate test from a laboratory, collect and send the samples, and interpret the test results. Direct-to-consumer genetic testing refers to genetic tests that are marketed directly to consumers via television, print advertisements, or the Internet. This form of testing, which is also known as at-home genetic testing, provides access to a person’s genetic information without necessarily involving a doctor or insurance company in the process.

Rising Construction Activities Surge the Furniture Demand in Saudi Arabia

LogoIncreasing construction activities has led to a significant furniture demand in Saudi Arabia and makes Kingdom one of the preferred business locations for furniture industry. Attributed with the strong international trade links, followed by stable political environment, fiscal surplus and diversified economy, Saudi Arabia becomes one of the favorable destinations for investment in GCC region. Government capital expenditure towards construction sector has been increasing continuously for the development of residential, educational, medical and hospitality sector. This will further enhance the furniture demand in the Kingdom.

Regulations Drive Improvement of Indian Manufacturing Standards

LogoFollowing the European Commission’s announcement of new Good Manufacturing Practice (GMP) guidelines, the cost of quality assurance is expected to increase. Consequentially, Indian API firms are aggressively strengthening their credibility in regulated markets by obtaining approval for their products, therapeutic applications, and manufacturing facilities.

Automotive Coating Occupying Largest Share in Industrial Paint Market

LogoIn recent years, the industrial paint market is growing at a high rate backed by gradual boost in the demand for automobiles. The growth in car ownership per head of population and increasing levels of consumer spending are few of the reasons leading to an overall booming automobile sector. The level of competition in the automotive industry is intense and consolidation has resulted in an increase in larger groups competing to supply the market. Also, the increasing importance of the region as a car manufacturing centre will ensure continued growth at a comparatively faster pace than the markets in Europe and North America for the next ten years.