US Dominates the Personalized Medicine Market

LogoAccording to a new research report by RNCOS entitled, “Personalized Medicine Market Analysis”, US dominates the personalized medicine market and is backed by robust innovations and advancements. Representing the largest share in the global pie, the market for personalized medicine in US and is anticipated to grow at a CAGR of around 9.5% during 2012-2017. The need for rapid detection of diseases especially cancer and more efficient treatments are primarily driving this market. Personalized medicine has evolved primarily in the field of oncology but has now starting seeing many new avenues of development in heart disease, neurological conditions and lifestyle diseases in the US.

Japan's Vaccine Market to Grow at a CAGR of 25.7% Till 2017

LogoAs per the new research report by RNCOS, “Global Vaccine Market Forecast to 2017”, Japan represents the largest vaccine market in Asia. With innovative vaccines being considered as an effective source for mitigating infectious diseases amongst its ageing population, the market is moving towards a vigorous growth phase. Moreover, the government is encouraging players to launch new vaccines to boost its pediatric immunization programs. Owing to these factors, the Japanese vaccine market is anticipated to grow at a high CAGR of around 25.7% during 2012-2017.

Government Policies Boosting Indian Poultry Feed Industry

LogoThe Indian Government has concentrated its efforts to boost the production of poultry sector thereby subsidizing the demand for poultry feed. Certain policies are being undertaken to support the poultry industry and more focus is given to improve the Feed Conversion Ratio. Government has also encouraged incorporation of technology for the feed production leading the poultry sector to emerge from unorganized to commercial production. The poultry feed market is expected to grow at a CAGR of approximately 8% during 2012-13 to 2016-17.

Growing Cancer Prevalence in US Driving Whole Genome Sequencing Market

LogoRNCOS research report on “US Personalized Cancer Genome Sequencing Market” says that there is robust growth in the prevalence rate of cancer in US which leads to increasing adoption of Whole Genome Sequencing. It has been predicted that a total of 1,660,290 new cancer cases and 580,350 deaths from cancer will occur in the US in 2013. This would further drive the cancer prevalence to reach approximately 22.3 Million by 2017. Apart from this, California also leads in terms of total new cases of cancer followed by other states including Florida, Texas and New York. Increasing incidences and prevalence of cancer patients in US will thereby increase the demand for acceptance of WGS throughout the country.

Nanofibers Market Witnessing Robust Growth

LogoGlobal nanofibers market has been witnessing strong growth and is also expected to post a considerable growth in the next decade due to its unique properties such as large specific surface area, small pore size, high porosity, and a smaller diameter size over the conventional fibers. Nanofibers find its majority of applications in the mechanical and chemical industry which accounts for more than half of the total market share. North America represents the largest regional market for nonofibers. The market has also been witnessing increasing popularity of carbon nanofibers. However, the high toxicity of nanofibers could pose a challenge to the growth of this market.

Chronic Diseases Accounting for High Expenditure in US

LogoAccording to a new research report by RNCOS entitled, “Analysis of Coronary Stent in US”, chronic diseases have a huge burden on the US economy accounting for 4 out of the top 5 leading causes of deaths and causing 7 out of 10 deaths in the United States each year. To worsen the scenario, a high percentage of this population is suffering from multiple chronic diseases. The burden on national healthcare expenditures is also very high causing alarmingly high direct and indirect costs. Burden on CVD on the US healthcare expenditure is also very high with direct costs expected to triple from 2010 to 2030.

Low Cost Treatments Driving Malaysian Medical Tourism Market

LogoMalaysia has emerged as a leading medical tourism destination worldwide. Expensive medical treatment in developed countries has made the country an ideal healthcare destination across the globe. Moreover, advantageous cost-effective treatment in Malaysia coupled with the unique combination of treatment and vacation is attracting foreigners to visit the country for treatment of various medical requirements. Besides, top level healthcare facilities and highly skilled doctors are providing the requisite boost to the Malaysian medical tourism industry. Considering the above factors, the Malaysia medical tourism industry is projected to grow at a CAGR of around 13% during the forecast period 2013-2017.

Rising Government's CAPEX for Construction Projects in Saudi Arabia

LogoBooming construction activities in Saudi Arabia has lead to significant steel demand and made the country one of the favorite destinations for steel 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. Presently, the government has decided to spend 2% higher than the previous year for the upcoming construction project.

M-Health Applications Driving 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 M-health applications in the country. The use of M-Health applications for smartphones is increasing in the country. The physicians are widely embracing smartphones to use the M-health applications for accessing information’s from anywhere. Further, many leading players are launching M-health application for smartphones that can incorporate with other devices, apps and data for more holistic healthcare. Besides, these applications are also beneficial for today's patients as it provides tools to manage their own health. Therefore, considering the above factors, it is projected that the US healthcare IT market will grow at a CAGR of around 22% during the forecast period 2013-2017.

South Korea, Indonesia and Japan Leading Convenience Store Growth

LogoWith the growing acceptance of modern retailing formats in various Asian countries, there has been a displacement of the unorganized retail format. Various retailers have spruced up their investment in the modern retailing formats to capture a wider market share. This has led to an increase in the number of convenience stores across these countries. According to a new report by RNCOS “Asian Convenience Store Market Outlook 2015”, the expansion of convenience stores in these countries have been fuelled by changing lifestyle of people and growing hectic schedules leading to time crunches for basic errands, thus making one stop shopping centers widely popular among people.