Growth Opportunities for NIPT in Indian Market

LogoSeveral factors including huge patient population, growth in country’s total healthcare expenditure and highly efficient pathology services offers immense scope for NIPT in Indian market. The country’s government is increasing public expenditure to approximately 2.5% of GDP. Besides, increasing spending power of middle class population also encourages the market to grow, simultaneously fuelling the demand for efficient healthcare services. Moreover, a rising trend of birth rate has been observed in Indian cities thereby surging the demand for NIPT tests in future. Even the gaining popularity of IVF clinics in Indian states will also create a growth potential for NIPT players in Indian market.

Government Support Aids in Realizing Potential of EPO Biosimiliar Market

LogoDue to unprecedented patent expirations and certain financial crisis, government across the world has been pushing the availability of EPO biosimilars at a much discounted rate in the market in a way to reduce the healthcare costs. For Instance, CEO of biotechnology Industry organization has promoted company’s biosimilar bill to provide them access to biologic medicines. Besides, EMA has planned to introduce risk management plans to lead the world in biosimilar regulation. This in turn increases the prescriber’s confidence and also encourages use of biosimilars.

Players Bank on Aggressive Marketing Strategies to Tap Rural Market

LogoEuropean and American Athletic footwear brands are increasing their efforts in the expansion into second and third tier cities in China by introducing products with price levels suitable for such markets thereby resulting in direct competition with local athletic footwear brands and diversifying consumer demand. The race is on to sign up athletes, to associate with popular sports and events and to expand distribution networks.

Government Support Encouraging the Growth of Biosimilars

LogoThe governments world over are realizing the cost cutting benefits of biosimilars, which when introduced at a discounted price, entice competition and reduce the overall cost of the therapy. For Example, to further increase prescriber’s confidence and encourage the use of biosimilars, the EMA has planned to introduce risk management plans. In another country America, currently devoid of a specific regulatory pathway, all is set to change in 2014 when the country’s new framework for biosimilars, set out by The Patient Protection and Affordable Care Act of March 2010, will come into effect. Coming to the South Korean pharmaceutical industry, a remarkable feature is the government’s initiative and involvement in the entire lifecycle of biosimilars. In addition to setting a target global share of 22% by 2020, the South Korean government has also engaged in creating a robust platform to provide infrastructure and financial assistance.

Effective Delivery Modes Enhancing Patient Base of Therapeutic Proteins

LogoEndogenous proteins possess immense potential to treat chronic diseases. However, the extreme in vivo environment of the body limits the therapeutic application of these proteins. In order to overcome these hurdles, various protein delivery methods are being researched. These modes make the use of nanoparticles, solid lipids, liposomes, PEGylated liposomes, niosomes, aquasomes, and hydrogels, among others. The successful commercial incorporation of these alternative modes of delivery will enhance the efficiency of these proteins in turn increasing the patient base.

Various Banks & Other Institutions Are Entering Prepaid Card Market

LogoPrepaid card market is expected to witness boom in the coming years on the back of several banking and non-banking institutions entering this arena. According to a new report by RNCOS, “Indian Prepaid Card Market Outlook 2018”, with growing inclination of corporate houses and consumers towards usage of prepaid cards, several banks have started widening their prepaid offerings. Further, non-banking institutions like ItzCash etc are also incorporating new products under prepaid card segment to lure consumers.

Chromatography Dominates Food Pesticide Testing Method Worldwide

LogoFood contamination is rapidly increasing across the globe and is raising concerns about food safety. Food violations through contaminants like pathogens, pesticides, toxins, GMO, and certain other unwanted particles is drawing the attention of developed as well as developing countries to introduce most appropriate methods for contaminant detection. According to a new report by RNCOS “Global Food Safety Testing Market Outlook 2018”, pesticides occupy the largest share in global food safety testing market by contaminants followed by pathogen.

Rising Rate of Births Among High Risk Women Driving the NIPT Market

LogoWomen nowadays are deferring the child bearing age to late 30s and 40s especially in the US. The demography of motherhood in the United States has shifted strikingly in the past two decades. Compared with mothers of newborns in 1990, today’s mothers of newborns are older and better educated.

UAE's Pharmaceutical Market Is Dominated by Imports

LogoThe UAE healthcare sector is estimated to reach around US$ 34 Billion in 2018 growing at a CAGR of nearly 13.5% over the 5 period from 2013 to 2018. The very market is expected to witness a rapid transformation owing to the increase in population and continuous growth of demand for healthcare products and services in the region.

Highly Untapped Market: A Profitable Option

LogoThe whole genome sequencing application unexpectedly allows personalized treatment for the patients. Indeed it has been considered as revolutionary tool serving researchers and clinicians. Genetic based mapping has taken off during past few years and whole genome sequencing has uncovered its potential to bring boost in precision medicine.