New Age Stents - Arsenal Against High Healthcare Expenditure

LogoAccording to a new research report by RNCOS entitled, “Analysis of Coronary Stent in US”, healthcare spending in the US is amongst the highest in the world. Amongst others, one of the key factors for the steady rise in US healthcare expenditure is the rise in prevalence of chronic diseases. Emphasis on research and development has resulted in newer treatments, which along with other changes in the modern society has resulted in higher life expectancy, which is around 80 years for an average citizen. But as one ages, chances of acquiring a chronic disease, especially cardio vascular disorders, increases. As baby boomers approach retirement age, they are expected to completely change the face of the US healthcare system, mainly due to their additional medical needs, compared to previous generations.

Global HPAPI Market to Reach US$ 15.3 Billion by 2017

LogoAs per the new research report by RNCOS, “Global API Market Forecast to 2017”, High Potency Active Pharmaceutical Ingredients (HPAPIs) represents the fastest growing segment in the Global API Industry. Backed by factors including a rising demand for cancer HPAPIs, increased private player participation especially in developed regions and technological advances aiding their manufacturing process, the market is expected to reach US$ 15.3 Billion by 2017.

Asia: A Potential Market for Cancer Generics

LogoAccording to the latest data released by EIU, Asia ranked highest in the number of new cancer cases reported in 2009 by accounting for 46% of the total new cases reported.

Indian Lingerie Market Heading for Substantial Growth

LogoIn the past few years, the Indian lingerie market has undergone a transformational phase, as there have been various innovations in the making of lingerie with the technology influencing it. Growing number of working women, changing fashion trends, increased awareness about better fits, rising disposable income, level of information, transformations in the social mindset and the entry of a large number of foreign brands have given the industry a new dimension.

Growing Government Initiatives Propelling Saudi Arabian Healthcare Industry

LogoSaudi Arabian healthcare industry is witnessing a truly astounding developments and improvements in healthcare sector, owing to the growing government support. The government of Kingdom of Saudi Arabia is continuously increasing its funding for healthcare sector year-on-year. Besides, the government is also issuing numerous favorable regulations to boost the growth in the industry. Driven by the above factors, Saudi Arabian healthcare industry is slated to grow at a CAGR of 8.7% during 2013-2017.

Booming Construction Activities Creating Furniture Demand in KSA

LogoBooming construction activities in Saudi Arabia has lead to significant furniture demand and made the country one of the favorite destinations for furniture manufacturers. The Kingdom comprises the largest construction market in the Gulf region with multi-billion dollar projects under way through both public and private sectors. Several of Saudi Arabia’s major cities – Jeddah, Riyadh and Mecca and surrounding areas are going to benefit from the Kingdom’s plans to roll out public transport and construction projects in the coming years. In addition, the government capital expenditure for the construction projects has been rising continuously.

Thailand Attracts Majority of Medical Tourists Visiting Asia

LogoThailand is Asia’s oldest player in the medical tourism sector. The country offers superior medical care in terms of regional standards, waiting lists are quite short or nil, and the treatment cost is very less than that in European countries and the US. This has made the country most preferred medical tourism destination among all the countries in Asian region.

Indian Television Market Witnessing Huge Momentum

LogoThe television market in India represents one of the most dynamic segments of the consumer electronics markets in India. According to a new report by RNCOS, “Indian Television Market Outlook to 2015”, the rapid technological advancements have introduced a revolution of sleeker and better picture quality models in the television market in the country. This has led to a growth in the demand for LED televisions over LCDs or plasma televisions. Moreover, efforts on the part of various players to offer affordable and eco-friendly variants to people coupled with adoption of massive promotional and advertising strategies, are acting as driving forces for the market.

Rising E-Health Services Boosting US Healthcare IT Market

LogoUS healthcare IT market is witnessing significant growth from the past few years. The market is propelling on the back of rising number of E-health services in the country. The use of E-health services is increasing due to rising penetration of internet and broadband in the country. Further, the E-health market is performing on the back of rising adoption of market components, such as EHRs/EMRs, health information exchanges (HIE) and e-Prescription. In addition, the government is also talking various initiatives to develop the E - health market in the country. Besides, the e – health market will continue to grow in the coming years due to rising health concerns and increasing awareness among population. Therefore, considering the above factors, it is projected that the US E-healthcare market will grow at a CAGR of around 11% during the forecast period 2013-2017.

Nanomedicine: Becoming the Hottest Growing Sector

LogoNanotechnology market has been experiencing a significant growth across the globe as the technology provides a plethora of new opportunities to improve monitoring capabilities and minimize contaminants in the environment. Nanomedicine being one of the significant applications includes medical applications of nanomaterials, nanoelectronic biosensors, and future applications of molecular nanotechnology. The application of nanotechnology in the biomedical field is playing a vital role where advances are being made in both diagnostics and treatment areas. For many years, nanomedicine has provided benefits to patients with varying conditions. The future will see an increasing contribution from nanomedicine technologies in disease diagnosis to enable higher levels of detection, and medicines to prevent and treat a wide range of disease conditions.