ReleaseWire Connect

Rising overseas expansions and cross borders alliances in the bioinformatics field has given new dimensions to the industry. Multinational firms and governments are coming together in the field of drug discovery, DNA sequencing and genomics to share the research findings and expand the bioinformatics facilities with exchange programs and collaborative investigation.

The strict government regulations regarding paints and coatings, such as reduction of volatile organic compounds (VOC) in paints, has been one of the most important trends in the coatings industry in recent years. In the consumer market, one of the trends is the increasing demand for smart coatings that provide sustainable solutions, such as energy-efficiency, UV protection, heat resistance, water resistance, anti bacterial and anti-fungal effects among others. According to our recent report, “India Paint Industry Outlook 2018”, the smart coatings demand is rising in the urban areas of the country as awareness regarding the rising environmental issues is gaining grounds.

The Kingdom’s national economy has grown over the last 9 year, due to which the country has started enormous construction & infrastructure projects which includes construction of railways, metros, airports etc. According to a new report by RNCOS “Saudi Arabia Steel Industry Outlook 2019”, the demand for steel has risen in the Kingdom propelling an equivalent increase in the production and consumption of steel.

Proton Therapy has carved out a niche for itself in the cancer treatment market. Starting with just one proton therapy center in 1990, the US now has close to 15 proton therapy centers. With a whole lot of therapy centers coming up in various states like California, Florida, Washington and Texas, this number is expected to grow to 29 by 2018. This surge can be attributed to the various advantages associated with proton therapy, such as; more directed impact on the tumor, increased control and reduced negative impact on the healthy tissue.

Healthcare sector in Saudi Arabia is going through a rapid developmental phase of healthcare facilities such as hospitals, medical cities etc. The country is witnessing a flood of construction projects in recent years. Moreover, the government of the country is increasing its funding for healthcare sector year-on-year. Considering the above factors, Saudi Arabian healthcare industry is projected to grow at a CAGR of 8.7% during 2013-2017.

With the increasing investment in infrastructure, real estate and industrial sectors, the demand for long steel products has been increasing in UAE. The long steel products, together with finding application in construction sector, are generating demand from manufacturing sector as well. According to a new report by RNCOS, “UAE Steel Industry Outlook 2018”, the rising accommodation requirements and improving industrial setup is escalating the demand for long steel products in the region.

As per the new research report by RNCOS, “Asia Pacific NIPT Market Outlook 2018” the market for non-invasive prenatal testing in the APAC region is growing at a fast rate. This growth can be credited to a number of factors, foremost of all being the high acceptance of NIPT tests amongst high-risk pregnant women. NIPT tests available in the region are majorly provided by established companies based in the US and China. The tests have been clinically validated for their claims of diagnosing chromosomal abnormalities while entirely eliminating the risk associated with invasive prenatal tests such as CVS and Amniocentesis, gaining them instant popularity amongst the consumers.

According to a new research report by RNCOS entitled, “Global Gene Therapy Market Outlook 2018”, new innovations in the field of healthcare industry are driven by groundbreaking gene therapy trials against cancer, HIV, retinal disorder, SCID, etc. The field has emerged as an area of immense potential and has witnessed increasing research and developments during the past few years. The industry is driven by the failure of conventional therapies to treat life-threatening diseases, which is opening doors for biotech companies to find alternative ways of treating diseases. Other therapeutic areas such as cardiovascular disease, ophthalmology, genetic and neurological disorders are also being targeted by companies.

The Saudi Arabia furniture industry has become one of the most vibrant and fastest growing industries in the Middle-East region. The growth of the furniture industry has been supported by the growing number of real estate developers and increasing demand for residential property. According to a new report by RNCOS, “Saudi Arabia Housing Sector Outlook to 2017”, the growing demand for housing due to a increasing young population-base, more government funding, and a booming economy will provide new heights to residential furniture industry in the region.

US ACO market is growing remarkably on the back of growing acceptance, rising government support and declining healthcare cost. On geographical front, continued growth of the ‘accountable care’ movement is apparent, as ACOs have spread to 49 states in US. With this growing popularity, ACO investments are also growing tremendously in the country. As a result, the number of lives covered under ACOs is expected to grow at a CAGR of around 38% during 2014-2018.