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According to a new research report by RNCOS entitled, “Emerging NIPT Market in Asia Pacific”, Australia represents a market with tremendous possibilities for growth. In an otherwise debilitating market of medical devices, NIPT has emerged as a niche sector with immense growth forecasts. It is estimated that the market which has recently witnessed the entry of five players, is expected to grow at an astounding CAGR of around 64% during 2013-2018.

Recognizing the need for increased quality in healthcare and the inadequacy of infrastructure to provide the same, the government is resorting to Public Private Partnership to enhance the status of healthcare services in India. The London headquartered US$ 7 Billion Enso Group, along with Wipro GE Healthcare, has tied up with the state governments of Maharashtra and Punjab to upgrade diagnostic facilities in 43 civil hospitals, 22 in Maharashtra and 21 in Punjab.

The diagnostic service market of India is one of the profitable market segments, owing to rising middle class population, increased disposable income and expansion of healthcare infrastructure in Tier I and Tier II cities. Increasing need for integrated healthcare services and rising awareness have also supported the growth of this industry. Besides this, there is active participation of the leading players that have propelled the growth of this industry. Considering all these factors, Indian Diagnostic Service Market is projected to grow at a CAGR of around 25% during 2012-2017.

Indian corrugated box market is witnessing a significant growth in the use of corrugated boxes driven by the growing Indian middle class, changing lifestyles and increasing demand of corrugated boxes from various emerging industries such as processed food industry, consumer electronics etc. Further, with tremendous potential of Indian retail sector and opening doors for FDI, the packaging industry is on the verge of massive transition in terms of quality of corrugated boxes, technology deployed, automation etc. Besides, the widespread adoptions of automatic machinery are expected to propel the industry in the years to come. Considering the above factors, the Indian corrugated box industry is projected to grow at a CAGR of around 15% during the forecast period 2013-2017.

The women apparel market in India is largely unorganized with multinational brands being restricted to the premium segment. According to a new report by RNCOS “Indian Women Wear Market Forecast to 2015”, in lieu of the above, the private labels brands are gradually gaining popularity in the Indian market and are building up a loyal clientele, with some of them even graduating into standalone stores.

The industrial paint market in India is being driven by automotive and high performance coatings. The auto industry in India is showing signs of pickup with car sales of 133,486 in August in 2013, up 15.4% from a year ago, according to Society of Indian Automobile Manufacturers’s (SIAM) data quoted in a recent daily. Moreover, a higher demand from rural India will help also to boost the revenues of automobile industry and hence the industrial coating industry in the short to medium term.

As per the new research report by RNCOS, “Global API Market Forecast to 2017”, the global API market is expected to grow at a rapid CAGR of 7.6% during 2012-2017. The main drivers for this growth include rising incidence of major diseases, technological advances resulting in rapid drug discovery & development process, increasing demand for contract manufacturing and reduction in manufacturing costs.

Globally, around 12.7 Million new cancer cases were estimated in 2012. During the last decade, the global burden of cancer has significantly expanded with the incidence of new cancer cases and deaths. In such a scenario, the cost associated with cancer has also gone up. As a result, governments across the seven major pharmaceutical markets have started to prioritize their cost containment policies in order to drive costs down. Strategies are now being implemented to approve the sale of generic drugs across various nations.

With the emergence of global furniture brands, the household furniture market has seen drastic revolutionary changes. Quality, which once used to be a challenge for local manufacturers, has now become an area of special focus. Leading manufacturers usually have strong design capability, while accommodating to OEM orders from overseas buyers. In future, it is anticipated that household furniture market will undergo phenomenal development phase. Various emerging trends in this product category will lead to a CAGR growth of around 12.9% during 2013-2017.

Saudi Arabian healthcare industry is going through a phenomenal growth phase. Country’s government and private sectors have shown vital contribution in improving healthcare facilities in the country. Moreover, a number of international players are now entering into the optimistic Saudi healthcare market to capitalize on the growing middle class and to provide an alternative to Saudi’s going overseas for ‘medical tourism’. Considering the above factors, Saudi Arabian healthcare industry is projected to grow at a CAGR of 8.7% during 2013-2017.