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RNCOS in its new research report, “US Healthcare IT Market Forecast to 2014”, says that mobile technologies are becoming ubiquitous in the US and the world. Some of the most compelling privileges of mobile technologies are in the areas of disease prevention, chronic disease management, and improving healthcare delivery. It is projected that by 2014, public and private healthcare providers could save about US$ 1.96-5.83 Billion in healthcare costs worldwide by utilizing m-Health technologies for health monitoring. Moreover, at the end of 2009, Smartphone penetration in the US was around 21%, which is expected to cross 50% by the end of 2011. All these factors are opening the gateway of m-health market in the US, which is estimated to be US$ 2.07 Billion at the end of 2011 with a YoY CAGR growth rate of around 18%.

Indian semiconductor market is projected to grow at a CAGR of around 22% during 2012-2015, says RNCOS in its latest research report.

The biotechnology market has been witnessing a rapid growth in Asia Pacific on back of several factors, including the strong and extensive government support. In the region, countries like India, China and South Korea are emerging fast and robustly evolving their biotechnology industries. According to a recent research report by RNCOS, the wide research and development in the region is creating greater technical advancements, with sound financial assistance backing the sector. In the Asia Pacific biotechnology industry, vaccines and therapeutics represent the most lucrative segments, and agricultural and food biotechnology section is evolving significantly and showing greater innovations. It is anticipated that the market will grow at a CAGR of around 19% during 2010-2013.

The demand for the Chinese footwear as well as footwear components is growing in the international market, leading to an increase in their exports, which are expected to rise further, says RNCOS latest study.

Increasing government support and domestic market growth will drive the housing industry in Saudi Arabia in the coming years, RNCOS acknowledges.

Driven by an increase in chronic and infectious diseases, the In-vitro diagnostics (IVD) market has been expanding significantly across the globe. According to a new research report of RNCOS, the US is the largest market in terms of IVD. The huge Investments in the country for developing more advanced diagnostics and higher technologies are a very promising factor for the industry’s growth. In comparison to government funds, the proportion of private investments is exceptionally high in the US market. It is expected that the United States’ IVD will expand at a moderate CAGR of around 7% during 2011-2013.

With a total production of more than 2.5 Million Units in 2011, Brazil represents one of the largest producers of passenger cars worldwide. The country’s passenger car production has been continuously gaining advantage from its growing internal demand and popularity of Brazil’s compact cars in overseas markets. However, the production levels have been declining due to inappropriate production proportion of flex fuel passenger cars and other conventional fuel-driven cars.

Global semiconductor industry is driven basically by the massive use of electronic applications in almost each and every industry in some or the other way. Some of the industrial sectors that directly employ electronic applications include automotive, aircraft, telecommunication, and wireless devices, etc. However, the increased growth is mainly propelled on the back of rise in investment by major international players, encouraged by rapid demand from various geographical locations. According to our new research report, “Global Semiconductor Market Forecast to 2015”, with the increase in future demand for electronics and requirements in new application areas, the semiconductor market is expected to sustain high growth momentum and anticipated to expand at a CAGR of around 6% during 2012-2015.

For the past few years, the United States has been drawing an increasing number of the Saudi students. Of the total number of the Saudi students studying abroad during 2010, 30% received education in the US, followed by the UK, Canada and Australia. The main reasons behind this figure were the lack of higher learning institutions and limited job-oriented courses in the Kingdom. According to a new research report by RNCOS, the Saudi government, along with private players, is acknowledging this trend as a potential opportunity to establish well-equipped and modern universities and colleges in the country for preventing students from going abroad for higher studies.

Government’s initiatives and increasing lifestyle diseases are leading the Healthcare-IT Systems’ market to grow at a CAGR of around 22.5% during 2012-2014, says RNCOS.