Global Nanotechnology Market Exhibiting Double-Digit Growth

LogoGlobal nanotechnology market is growing immensely due to rising demand from various industries. Scientists and engineers in almost all industries are developing nanotechnology to make their products stronger, lighter, more durable, more corrosion resistant and more economical. Therefore, the nanotechnology-based products are now in demand and finding applications in almost each and every industry in a big way. With this growing demand, the global nanotechnology market is anticipated to grow at a CAGR of around 16.5% during 2014-2020.

Indian Alternating Pressure Mattress Market to Grow at 10.5% CAGR During 2013-2018

LogoIn India demand for alternating pressure mattress chiefly arises from hospitals and direct customers. The Indian alternating pressure mattress market is dominated by imported brands of Chinese, Taiwanese, European and American alternating pressure mattresses. Our recent study reveals that the market of alternating pressure mattress is expected to grow as the healthcare infrastructure of the country is improving and it is anticipated that more and more people will become aware of such mattresses. In addition, with the increase in the ageing population and lifestyle diseases, which make people prone to developing pressure ulcers, it is anticipated that this market will grow at a CAGR of around 10.5% during 2013-2018.

Indian Personal Care Ingredients Market Growing at 13% CAGR

LogoThe market for personal care ingredients in India is a fledgling one and is growing at a rapid pace. Favorable demographics, growing awareness about the functional benefits of specialty personal care products and an increased spending capacity among others has given wings to the market. The increased usage of specific active ingredients in the end product has resulted in rapid growth of the industry. On the back of positive developments, the market for personal care ingredients shall grow at a CAGR of nearly 13% during 2014-2019.

Sharp Container Market in India Is Expected to Grow at CAGR of 6.5% During 2013-2018

LogoVarious healthcare institutions are using sharp containers, sizes of which vary according to the daily requirement. At present, the share of sharp containers in total bio-medical waste container market is estimated to be around 40%. During our study, we have identified that tier I cities such as Delhi, Mumbai, Chennai, etc. generate high demand of sharp containers. Due to high level of education and awareness, healthcare institutions in these cities use sharp containers which are disposable in nature for disposal of bio-medical waste, thus creating a regular demand. With the increase in number of hospitals, nursing homes, pathology labs, etc., it is anticipated that the sharp container market will grow at a CAGR of around 6.5% during 2013-2018.

Indian CNG Car Market Heads for Double Digit Growth

LogoThe CNG passenger car market in India is growing at a rapid pace. There is huge potential for the market to take off. Analyzing the population of on road CNG cars dusting past 5 years, there is impressive growth in various cities where CNG infrastructure is being laid down. RNCOS latest research titled “India CNG Passenger Car Market Outlook 2018”, predicts the OEM sales of CNG cars to grow at a CAGR of 31% while aftermarket CNG kits for passenger cars to grow at a CAGR of 25% during the FY 2013 to FY 2018.

Cable Trays and Supports Market Shall Grow at a CAGR of 15.7% During 2013-2018

LogoThe cable tray and supports industry is an important ancillary industry supporting the infrastructure development. The growth of this sector is directly linked to the performance of infrastructure development in the country. The demand of cable support system (cable tray and cable tray support system) is increasing year-by-year on the back of splendid development in India’s core industries and infrastructure. India has witnessed enormous growth in infrastructure, power, steel, cement and other industries creating massive demand for cable trays and supports. Our analysis depicts that the cable trays and supports market shall grow at a CAGR of 15.7% during 2013-2018.

Global Insulin Market Poised for Stupendous Growth

LogoThe increasing prevalence of diabetic patients across the world is likely to fuel the growth in global insulin market. Moreover, innovative delivery devices substantially drive the growth in this market. Such high technology delivery devices provide efficient monitoring and detection of the patients. Even the key players catering to insulin market have gradually moved to modern insulins thereby eating up the market share. Moreover, government has acknowledged the treatment of diabetes through allocation of funds thereby increasing usage of insulin across the globe.

US: The Hotspot for Nutraceuticals

LogoWith an estimated population base of 318 Million, the US nutraceutical market breached the mark of US$ 58 Billion and is poised to increase at a CAGR of around 5% to touch an estimated value of around US$ 76 Billion by 2018. The US nutraceutical market is anticipated to witness a rapid evolution owing to the favorubale demographics and R&D for novel product/ingredient development. The other key factors driving the market growth are likely to include the meliorated per head disposable income, consolidation of the industry, and prevalence of numerous lifestyle diseases, among other factors.

Rise in POCT to Drive the Global IVD Market

LogoIn a bid to meet the demands of the growing ageing population, companies are now focusing heavily on Point of Care testing. Roche, the clear leader of the global POCT market recently earned the highest rank in consumer satisfaction for its ACCU-CHECK blood glucose meters. Similarly, companies like Alere are in the process of development of POC tests. The company recently announced the immediate availability of the Alere Determine HIV-1/2 Ag/Ab Combo test in US and also announced plans to Develop Simple, Affordable Point-of-Care Nucleic Acid Test for Tuberculosis & Expand Manufacturing for POC HIV Viral Load Platform.

Indian Distance Education Market Witnessing Massive Strides

LogoAccording to a new research report by RNCOS, “Booming Distance Education Market Outlook 2018”, with an increase in the demand for higher education and relatively lesser institutes to accommodate students, distance learning has gained strong ground over the past few years. Distance education is gaining popularity in the Indian market as it provides every prospective student with a means for studying at one's pace, a course of his own choice, anytime, anywhere. Due to cost-effectiveness, increasing government support along with the technological advancement, the distance education market is rising.