Indian Refrigerator Market to Grow Stupendously

LogoRefrigerators, being an indispensable item of every household, have witnessed tremendous growth in the country. The demand for refrigerators has been driven by the hot and humid weather conditions in the country. According to a new report by RNCOS, “Refrigerator Market Forecast to 2015”, the efforts on the part of various players to offer affordable and eco-friendly variants to people coupled with adoption of strategies to penetrate into smaller towns are acting as a driving force for the market. Further, rising per capita income, increasing role of the government to support FDI in India and easy availability of finance is expected to continue driving the growth in the market in the future.

Innovative Technologies Providing a Spurt to the Indian Paint Market

LogoOver the past few years, efforts on the part of the manufacturers to introduce innovative technologies in the paint market have led to a growth in demand for paints in India. Manufacturers have introduced new and better performance products which are eco-friendly and cater to the needs of individual customers. According to the latest report by RNCOS “Booming Paint Industry in India” new technologies in the paint market would lead to better performance, cost reduction and wider applications of paints in India.

Genetic Testing Applications Growing Vastly in Molecular Diagnostics

LogoAccording to a new research report by RNCOS entitled, “Genetic Testing Market Outlook to 2017”, the global molecular diagnostics industry is seeing robust growth especially in the field of genetic testing. Novel research, new product launches and spreading applications are characteristic of this field poised to a bright future. Technological advancements in genetic testing has transformed healthcare paradigm and greater penetration has been seen in treatment options in field of oncology, neurological diseases.

Indian Prepaid Card Market Witnesses 40% CAGR

LogoDriven by the rising spending power of Indian middle class and growing awareness about payments through plastic cards, the prepaid card market in India is expected to continue growing at at a cumulative annual growth rate of around 40% during 2012-2017. Travel cards, gift cards and payroll cards are the three major segments propelling this growth. With rising number of corporate trips, domestic and abroad, the convenience provided by prepaid cards in handling cash has gained the attention of corporate users. Many big retailers have also launched prepaid cards to retain customers. Numerous such developments by private players and Government are underway to fuel the prepaid card growth.

Global Vaccine Market to Cross US$ 47 Billion by 2017

LogoAs per the new research report by RNCOS, “Global Vaccine Market Forecast to 2017”, the global vaccine market represents one of the most lucrative segments in global pharmaceuticals industry. The size of the global vaccine market was in excess of US$ 27 Billion in 2012 and is expected to rise at an approximate CAGR of 12% during 2012-2017. This augmentation is expected to sustain in the future on the back of several factors such as rising player participation, approval of technologically advanced vaccines, strong portfolio of vaccines in phase III clinical trials, rise in demand for therapeutic vaccines in developed regions and prophylactic vaccines in developing regions.

Broiler Feed Market Experiencing Phenomenal Growth

LogoThe demand for broiler meat has increased tremendously in past few years. As a result the poultry farmers rely on packaged and nutritious feed in order to enhance the meat production. More and more integrated farming for the broiler production has emerged in recent times. Indian feed industry is all set to head for a significant growth pace in the next couple of years due to highly equipped technologically automated plants propping up in major poultry estates. Broiler feed market would post a CAGR of around 9% during 2012-2013 to 2016- 2017.

Promising Future Outlook for Whole Genome Sequencing Market

LogoRNCOS research report on “US Personalized Cancer Genome Sequencing Market” says that the personalized cancer whole genome sequencing market has a promising future and represents the potential to reach around US$ 9 Billion by 2017. Despite of the high costs for Whole Genome Sequencing, the market boasts of a huge potential of customer base favoring personalized treatment for cancer. The whole genome sequencing approach would take down the cost of treatment from millions to dollars to much less than diagnostic tests.

Promising Future Outlook for Personalized Medicine

LogoA new research report on “Personalized Medicine Market Analysis” from RNCOS says, that personalized Medicine has the potential to become the future medicine of the healthcare due to robust technological innovations. Advancement in molecular diagnostics has enabled the availability of more targeted therapy options for varied disease areas such as cancer, Alzheimer’s disease etc. Certain innovative technologies such as next generation sequencing have been deployed that proved to provide significant therapeutic results.

Global Nanotechnology Market to Witness Robust Growth

LogoFor the past few years, the nanotechnology 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. In their latest research study, “Nanotechnology Market Outlook 2017”, RNCOS analysts identified that the global nanotechnology industry has been growing at a rapid pace with rising applications in sectors like drug delivery, diagnostic devices etc. In addition, market trends like nanotechnology based thin film solar cells with high efficiency, nanomaterials with higher strength, robust growth in nanofibers and nanomedicine market etc are booming growth in this industry. Considering the above factors, the global nanotechnology market is anticipated to grow at a CAGR of around 19% during 2013-2017.

Addressing Chronic Disease Expenditure Extremely Vital

LogoAccording to a new research report by RNCOS entitled, “Analysis of Coronary Stent in US”, the US represents the world’s largest healthcare market, with a high annual healthcare spending. Addressing expenditures on chronic diseases is extremely vital to reduce healthcare costs. Some of the latest technologies showing greater efficacy can be employed to reduce the repeated costs of chronic diseases due to better clinical outcomes and higher quality of life.