RBI Gold Lending Norms Affecting Growth of Indian Gold Loan Market

LogoIn India, gold loan market has been growing rapidly over the past few years with high growth of NBFC’s. However, recently the growth of the NBFC’s has been severely affected by the introduction of gold lending norms. The loan-to-value ratio cap, restriction on number of branches and other regulative measures have put negative impact on the growth of NBFC’s. This has also led to fall in shares of gold-based lenders, with Muthoot Finance Ltd falling 6.4% and Manappuram Finance Ltd down 3.7% on September 17, 2013.

Electrical Generation Equipments Market to Witness Double Digit Growth

LogoIndia’s electrical equipment market is highly diverse, and manufactures a wide range of high and low technology products. The market is broadly classified into two types of electrical equipment, namely - Generation Equipments and Transmission and Distribution (T&D) equipment. India’s electrical generation equipment industry is a vital part of Indian power industry and can be broadly classified into three types of equipment, which consists of Boilers, Turbines and Generators (BTG). With rising investments in power industry and large capacity addition targets, it is expected that Indian electrical generation equipments market will grow with double digit growth rate (12%) during 2011-12 to 2014-15.

US Cardiovascular Surgery Devices Market to Grow at a CAGR of 7% During 2011-2015

LogoAccording to a new report by RNCOS, “US Cardiac Device Market Analysis”, The US market for cardiovascular surgery devices, which comprises of heart valves, cardiac assist devices and perfusion systems, is expected to be a US$ 1.8 Billion market by the end of 2015. The US market for cardiovascular surgery devices is dominated by heart valves, followed by cardiac assist devices and perfusion systems. In future, a considerable growth is likely to originate from cardiac assist devices as the scarcity of donor hearts for transplantation shall lead to an augment in the acceptance of cardiac assist devices in patients with end-stage heart failure.

Profitable Insulin Injectable Business

LogoDiabetes is one of the promising therapeutic segments in UK injectable market. In 1996 approximately 1.6 Million people were diagnosed with diabetes, it has reached 3 Million now. The disease has become widespread across the country with a current prevalence rate of approximately 4.6%. Such remarkable increasing prevalence of diabetics in UK has prompted pharmaceutical players to innovate technologically advanced products. Apart from this, several small pharmaceutical companies has started offering diabetes injectables. Due to this the demand for insulin injectables throughout the country tends to increase. Promising researches have been confronted by the country’s team of scientists to aid the treatment of diabetes via injectables. Besides, a lot of investment has been undertaken by UK government to promote the growth of insulin injectables.

Mexican Designer Footwear Gaining Traction in International Markets

LogoMexican shoes are world renowned for their exotic design and latest fashion trends. For instance, hand-crafted, high-priced “cowboy boots” made from exotic hides, such as crocodile, cayman, armadillo, iguana, ostrich and snake are demanded globally for their exceptional designing, giving the country a clear competitive edge over rivals. Our recent study reveals that strong demand from neighboring nations has given big push to the footwear industry manufacturing in the country. Amongst major trade partners in export of footwear, USA bags around 80% share in volume terms followed by Brazil and Canada.

India Set to Re-Vamp Its Medical Devices Industry

LogoPrior to 2005, no regulations whatsoever existed for medical devices in India. Today there are registration procedures for certain classes of medical devices regulated under the provisions of the Drugs and Cosmetics Rules. This has left the country open to the perils of unorganized business. This scenario is all set to change though. To help bring the booming medical equipment industry in the country under the specific regulation of a law, the Health Ministry has recently sought the Cabinet's nod for a new Drugs and Cosmetics Bill, 2013 to replace the existing Act of 2007. The Ministry wants to replace the existing Drugs and Cosmetics Act, 2007 and bring a separate chapter on medical devices and equipment setting standards and regulations for them.

4% Penetration: Lucrative Proton Therapy Remains Largely Untapped

LogoWide difference between the potential patients for proton therapy and those actually availing it signals at the huge patient population that has been left uncatered. According to the “US Proton Therapy Outlook 2017”, by RNCOS, even though the United States will be home to almost 27 such centers by 2017 a large section of the patient population will be unable to access this therapy. This could be attributed to the uneven dispersion of the upcoming centers, which would leave high incidence states with no center. These areas can serve as hotspots for service providers willing to explore fresh markets.

Top-Notch Healthcare Infrastructure Driving Singapore Medical Tourism Market

LogoSingapore has emerged as a leading medical tourism destination worldwide. This growth of medical tourism industry in Singapore can also be attributed to country's world class healthcare infrastructure. Singapore has shown significant improvement in fulfilling the demand for quality-assured medical care through trained medical specialists and first-class facilities. Moreover, majority of the hospitals are certified at internationally recognized standards, such as Joint Commission International (JCI) which makes the country an attractive destination for international patients. Considering the above factors, the Singapore medical tourism industry is projected to grow at a CAGR of around 30% during the forecast period 2013-2017.

Government Spending on Infrastructure to Create Huge Cement Demand

LogoThe demand for cement is correlated with the growth of housing, commercial and infrastructure sectors of a country. In India, the government is focusing to develop its infrastructure and taking initiatives to promote affordable housing. During the Twelfth Five Year Plan (2012-17), the Government of India plans to increase its investment in infrastructure to US$ 1 Trillion, which is nearly double of the US$ 514 Billion expected to be spent on infrastructure development under the Eleventh Five Year Plan (2007-12). In such a scenario, the cement demand is expected to grow at a CAGR of more than 8% during 2013-14 to 2015-16, says RNCOS in its recent report.

Rising Adoption of Specific Purpose EMR Driving US EMR Market

LogoUS EMR market is witnessing significant growth from the past few years. The market is propelling on the back of rising adoption of specific purpose EMR systems in the country. The use of specific purpose EMR systems is increasing due to its advantages over the generic systems. In addition, the specialty EMR is designed according to the workflow of a particular practice and is adjusted according to the priorities of that specific practice. Further, the market will propel on the back of rising need of integrated healthcare data in the country. Therefore, considering the above factors, it is projected that the specific purpose EMR market will grow at a CAGR of around 15.6% during the forecast period 2013-2017.