Growing Demand for Construction Equipment After Sales Services

LogoIndian construction equipment industry has taken cues from global markets where after sales service is an important and integral part of the business. Although at a nascent stage, the after sales services is rapidly emerging as buyers give higher weightage to quality after sales services delivered by the OEM. Driven by huge demand from construction sector, the Indian construction equipment market is projected to grow at a cumulative annual growth rate of around 19% during the forecast period 2013-2018.

Efforts Towards Patent Protection to Drive ADC Market

LogoIn US alone, patents of biologics worth US$ 67 Billion will expire before 2020. These biologics majorly include the blockbuster drugs of the pharma giants. As these drugs approach their patent expiry, pharma giants are looking for ways to protect their heavily invested upon innovations. One such strategy is patent fencing or patent blocking. Following the same strategy, Roche, has already released Kadcyla, an ADC, based on its blockbuster drug Herceptin for breast cancer. Big pharma players are therefore, using ADCs as an opportunity to fence the patents protecting their blockbuster drugs.

Rising Automakers' Alliances to Fuel Global Fuel Cell Market

LogoFuel Cell market is on the verge of becoming the new frontier with many companies already active in this space and many more start ups moving towards the new technology. Many auto manufacturers have been doing lot of research and development on hydrogen fuel-cell vehicles as the technology helps in producing zero-emission cars that have the potential to cut pollution and reduce the world's reliance on oil for transportation. Further, to speed up the fuel cell development, some of the automakers have decided to work together with other automakers, fuel cell companies and research institutions on the development of this technology. This will also bring down cost of producing fuel cells at a more affordable cost to customers. With this declining cost of fuel cells with increasing efficiency would bring a paradigm shift in the adoption of fuel cell technology.

Rising Alliances and Start-Ups to Fuel the Software Defined Networking Market

LogoSoftware Defined Networking market is on the verge of becoming the new frontier with many companies already active in this space and many more start ups moving towards the new technology. Also, the existing players are planning more mergers and acquisitions to capture the market for the new technology in demand. Further, companies driving this trend have radically superior financial, technical and other resources and thus can be better positioned to acquire and offer complementary products leading to a brighter outlook for the SDN market. Considering the above factors, the Software Defined Networking market is projected to grow at a CAGR of around 62% during the forecast period 2014-2018.

PCR Is Most Preferred Method Worldwide for Testing of Pathogens & GMOs in Food

LogoThe problem of food being inflicted upon by several contaminants is becoming relevant worldwide, rising concerns for food safety testing. Pathogens, pesticides, toxins etc are some of the majorly found contaminants in the food worldwide. According to a new report by RNCOS “Global Food Safety Testing Market Outlook 2018”, pathogens occupy a considerable share in global food safety testing market by contaminants after pesticides. Further, GMO testing is also gaining momentum with genetically modified organisms becoming an active part of human diet.

Number of Payroll Cards Witnessing Growth in the Indian Market

LogoPrepaid cards are slowly gaining popularity in the Indian market. Among various types of prepaid cards, the share of payroll cards is the highest in volume terms in the country. According to a new report by RNCOS, “Indian Prepaid Card Market Outlook 2018”, payroll cards are becoming a favorite alternative for the corporate institutions and hence is witnessing wide acceptance in the market.

Indian Construction Equipment Market Heads at 19% CAGR

LogoThe Indian construction industry offers ample growth opportunities. Unlike western countries, the Indian market is not saturated and is on the expansion spree. Close to 40,000 construction projects are in the pipeline, reflecting huge demand for construction equipments. The Indian construction equipment market is projected to grow at a cumulative annual growth rate of around 19% during the forecast period 2013-2018. Earthmoving equipments such as backhoe loaders and excavators comprise significant share in the overall construction equipment industry.

Booming Personalized Whole Genome Sequencing Market

LogoGenome based sequencing provide opportunity to understand the importance of genetic variants of patients and imparts personalized treatment. The Personalized Cancer Whole Genome Sequencing Market has evolved due to advancement in the technology witnessing immense growth in the field of genomics. The upfront cost of sequencing is decreasing at an unprecedented rate making whole genome sequencing feasible in research and clinical care. Based on above mentioned facts, US Personalized Whole Genome Sequencing stood at US$ 65 Million and will grow at a CAGR of around 29% by end of 2018.

UAE: The Emerging Healthcare Hub

LogoWith an estimated population base of of 9.2 million, the 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 UAE healthcare 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. The other key factors driving the market growth are likely to include the favorable demographics, penetration of health insurance and prevalence of numerous lifestyle diseases.

California Provides Immense Possibilities for Players in the US Telehome Market

LogoIn the latest research study, “Global Telemedicine Market Outlook 2018”, RNCOS analysts have identified market dynamics pertaining to specific countries to highlight the initiatives taken by several market players and healthcare providers to boost telemedicine sector’s growth. The market, which stood at US$ 14.2 Billion in 2012, is expected to grow at a high double digit growth rate during 2012-2018.