ReleaseWire Connect

The US NIPT market has evolved due to advancement in technology, rising birth rate across the nation. Rising awareness of NIPT among gynecologists and high risk pregnant women are key factors driving the growth of the NIPT market. The country’s market is occupied by four companies. These companies are also expanding their foothold in this segment through collaborations or acquisitions with certain laboratories. Besides, several other players are likely to enter this potential market.

Significant advancements in the past few years have fuelled interest again in ADCs. These advancements include improvements in linking technologies, which has helped in the development of drugs such as Adcetris and Kadcyla. PolyTherics has also come up with ThioBridge conjugation and linker technology.

Software defined networking market, although at a nascent stage at present, is expected to mature considerably well in the coming years. The industry is expected to witness immense growth potential in coming years as it simplifies operations by automating and centralizing network management tasks. Recent trend of strategic alliances and start-ups in the industry are also providing requisite boost to the industry to grow in the future. Further, declining cost of network maintenance and operations by SDN deployment would lead to an up surging need for this fresh and more advanced networking technology. 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.

Global Fuel Cell market, although at a nascent stage at present, is expected to mature considerably well in the coming years. The technology is gaining worldwide acceptance due to its high efficiency over other energy sources and it is expected to become the best replacement for conventional energy sources. Furthermore, a lot of research work is going on around the world to ensure fast and widespread commercialization of the technology. Besides, declining cost of fuel cells with increasing efficiency is anticipated to take this industry to new heights. Considering the above factors, the global fuel cell market is projected to grow at a CAGR of around 22% during the forecast period 2014-2020.

Saudi Arabia is emerging as one of the largest markets in the GCC region in terms of spending on IDC and fit-outs. According to a new report by RNCOS, “Saudi Arabia Housing Sector Outlook to 2017”, the country is witnessing a boom in the construction sector on the back of increased investment on housing by the government, which has led to an increased demand for IDC and fit-outs market in the country.

The Saudi Arabia’s government is taking crucial steps to promote higher education in their country. The government universities couldn’t cope with the large number of students every year. Due to this, the government is encouraging higher education in the private sector to fulfill the market needs. According to a new report by RNCOS, “Saudi Arabia Education Forecast to 2017”, the Ministry of Higher Education is facilitating investment in higher education by allowing foreign investors to participate and enhance the kingdom’s higher education system.

Increasing healthcare expenditure across Russia, support from government and rising investment from private players are key factors fuelling the growth in this industry. Based on such key factors the pharmaceutical market is expected to foresee a double digit growth by the end of 2017. Similar to earlier years, commercial drug segment has occupied maximum share in 2012. Moreover, state segment is continuously losing its share to commercial drug segment. Even the prescription drugs in this segment have experienced faster growth than OTC drugs thus clutching the market share.

Increasing prevalence of chronic diseases, consistent need for high quality healthcare services through advanced telemedicine technologies and rising elderly population are driving the telemedicine sector. In addition, certain healthcare reforms offer an opportunity to replace the fragmented healthcare services and expand the telemedicine coverage through advanced telecommunication technology. Moreover, government and pharmaceutical players have been realizing the potential of telemedicine services through Medicare or Medicaid programs. Telehealth programme significantly strengthen the rural healthcare system and extend services through effective healthcare systems to control chronic diseases.

Global bioinformatics industry has become one of the most potential industries with the rapidly growing demand from various industries such as pharmaceutical industry. Now-a-days, the pharmaceutical industry is increasingly getting dependent on bioinformatics due to the growing advancements in the bioinformatics field. And more and more pharmaceutical players are in the hunt for help from bioinformatics to lighten concerns related to increasing number of blockbuster drugs going off-patent, narrow product pipelines and high drug development costs.

India is rapidly evolving as the hub for IVF and surrogacy as the country’s IVF industry’s revenues are estimated to have reached INR 14.2 Billion by the end of 2013. The key factors driving the market growth are likely to include the increasing infertility problem on account of changing lifestyle and delayed pregnancy terms; increasing number of IVF clinics and their collaboration with multispecialty hospitals; and the innovation and development of novel tools and technologies assisting the IVF process.