ReleaseWire Connect

US steel industry is one of the world's largest steel industries in terms of both production and consumption. The country ranked third globally in 2012 with 5.7% share in crude steel production. The industry has benefited from soaring steel demand in the automobile and construction sectors. Moreover, the cost effective and highly efficient steel making technologies worked as a catalyst and uplifted the US steel demand in the international markets. The US steel industry has been playing an important role in the overall economic development. This can be attributed to the increased production and consumption level in the steel industry. Further, crude steel production is anticipated to grow at a CAGR of around 6.6% during 2013-2017.

A sound government support is a major requirement for any industry to flourish. In order to boost medical tourism in India, the government has taken several initiatives. The government has undertaken initiatives in the public health sector, which focus on improving medical infrastructure and rural health facilities, as well as encouraging Foreign Direct Investment for medical services. Moreover, the government ensures that the hospitals obtain international standard accreditations to provide standardized quality and affordable healthcare services.

The US steel industry is one of the world's largest steel industries, both in terms of production and consumption. Today, steel has become one of the most important and reliable materials in various industries in the country. Therefore, stainless steel consumption has been rising continuously in the country. Stainless steel products are used in a wide variety of applications including consumer goods, architecture, building and construction, food & beverage industry, transportation, chemical, petrochemical, oil & gas, pulp & paper industries, and power generation. Moreover, it is expected that stainless steel consumption will increase further in future with rising demand in various sectors.

According to a new research report by RNCOS, “Saudi Arabia Education Forecast to 2017”, the education sector in Saudi Arabia is attracting huge investments by the government. Government is focusing on making kindergarten, which earlier was not mandatory to attend, an integral part of the education sector. Moreover, it is also focusing on higher education and technical & vocational courses in order to fulfill the skill based needs of the market. e-learning and distance education are also witnessing rapid developments to meet the needs of people who cannot attend regular classes. Further, special education and adult education segment is also being focused upon by the government.

Indian Mini Excavator Market, although at a nascent stage at present, is expected to mature considerably well in the coming years. Recent occurrence of a large number of infrastructural projects in the country and increased support from the Government of India with the favorable policies are providing requisite boost to the industry to grow in the future. Further, another factor supporting the industry growth positively is the up surging need for technologically more advance and rugged equipments for the earth moving purposes in the Indian Construction Industry. Considering the above factors, the Indian Mini Excavator industry is projected to grow at a CAGR of around 24% during the forecast period 2013-2017.

Global hybrid car market is exhibiting a stupendous growth over the past few years, owing to rising concern for environment protection, volatility in oil prices, government funding and upcoming rules and regulation supporting hybrid vehicles. Besides that, continuous technological up-gradations and development of supporting infrastructure is bringing a paradigm shift in overall hybrid car market on globe. Apart from countries such as US, Germany, France etc., which are already a large market for hybrid cars, emerging nations such as China, Korea, Malaysia etc. are also witnessing tremendous growth in the segment. Considering the above factors, the global CCTV market is anticipated to grow at a CAGR of more than 21% during the forecast period 2013-2017.

An analysis of the prophylactic cancer vaccines in clinical trials reveals that no new player is expected to hit the market for another five years at least. With no new player in the picture, Merck and GSK will continue to enjoy their market supremacy. Merck’s efforts for expanding its market presence can be deciphered by a number of studies in various phases of clinical trials. In a phase-4 clinical trial expected to be concluded by January 2014, it is evaluating if children who have undergone organ transplantation mount an immune response to Gardasil.

Unlike the demand for miniature versions of some consumer electronics products, the television segment has witnessed a reverse trend in the country. According to a new report by RNCOS “Indian Television Market Outlook to 2015”, the country is witnessing a new revolution of big screen televisions in the Indian consumer electronics market. The demand for big screen televisions has also been supported by the growth of multiplexes around the globe which has left people craving for the same cinema-like experience at home. Moreover, manufacturers are catering to this demand by introducing big screen televisions at affordable prices, in order to break the myth that a large size corresponds to a higher price.

As per a new report by RNCOS entitled, “US Clinical Laboratory Testing Market Assessment”, esoteric tests, which require sophisticated equipment and materials, highly skilled personnel and professional attention, held around 25% share in overall US clinical laboratory testing market. These tests are ordered less frequently than routine tests and are generally priced higher than the routine tests. Esoteric tests are typically related to the medical fields such as endocrinology, genetics, immunology, microbiology, molecular diagnostics, oncology, serology and toxicology. Molecular diagnostics is the fastest growing segment of esoteric clinical testing, which is expected to facilitate the growth of around 10% per year in the esoteric pathology segment in future.

Brazil is considered one of the most lucrative healthcare markets in Latin America with highest healthcare expenditure. Strong government support and superior healthcare services demand are some of the major factors propelling the country’s healthcare market to grow at a fast pace. In addition, the market for e-health services is growing in Brazil with the availability of communication technology. E-health initiatives in the country started in late 1990s, when health workers (physicians, nurses, and social workers), who are a part of the Brazilian Family Health programme had been provided with Personal Digital Assistants (PDAs) in order to increase the quality and efficiency of care provided when they visit low-income homes. In 2011, E-health market in Brazil grew around 22% compared to the previous year. Moreover e-health market is anticipated to grow at a CAGR of 23% during 2012-2015.