Global Genetic Testing Market to Grow Strongly

LogoDespite being at a nascent stage, the global genetic testing market has been advancing rapidly for the past few years. According to a new research report by RNCOS, the market, after reaching an estimated mark of US$ 1.5 Billion in 2010, is presently moving ahead on a strong growth trajectory. Backed by factors, such as aging population, increasing incidences of genetic disorders and rising awareness, the market is anticipated to reach US$ 4 Billion by 2015. This growth is also likely to boost the revenue patterns associated with segments, such as next-generation sequencing and biomarker discovery.

Philippines Medical Tourism Market Growing Unprecedentedly

LogoIn Asia, Philippines has been emerging as an important medical tourism destination by leveraging factors, such as modern technology and world-class physicians. The Philippines’ government envisions the country as the “new hub of wellness and medical care” as it is the home to some best hospitals and standalone specialty clinics in the region. According to a new research report by RNCOS, the nation is planning to introduce special medical visas for foreigners, with a view to grabbing a sizeable share in Asia's booming health tourism industry. It is anticipated that on back of such initiatives and developments, Philippines’ medical tourism market will expand at a CAGR of over 25% during 2010-2013.

Global Protein Therapeutics Market to Cross US$ 143 Billion-mark by 2015

LogoThe protein therapeutics market has advanced rapidly worldwide over the past few years due to better efficacy in treatment and increasing incidences of life threatening diseases. According to a new research report by RNCOS, the global protein-based therapies market is likely to retain its leading position in the biopharmaceutical industry, despite witnessing slump in the sales due to biosimilars’ entry, as there are certain products in the pipeline which may boost the market significantly. It is estimated that the global protein therapeutics market will expand at a healthy CAGR of around 8% during 2012-2015 to reach US$ 143.4 Billion.

Indian Cosmetics Market to Sustain Impressive Growth

LogoThe Indian cosmetics sector, which witnessed a strong growth in the recent years, holds immense growth potential. According to a new research report by RNCOS, rising purchasing power and fashion consciousness are the major factors driving the cosmetics sector in India. In the past few years, robust media promotion and rising western culture’s influence have given a significant boost to the market, fueling its growth, and this trend is expected to continue in future. The new product launches, catering to the increasing requirements of consumers, would also stimulate the growth of the industry, for which the future outlook seems exceptionally bright. It is expected that the Indian cosmetics market will register a significant growth of around 17% during 2011-2015.

Healthcare System in UAE Holds Immense Opportunities for Growth

LogoWith improving financial stability and emergence of new industrial sectors, the healthcare market in UAE is projected to reach US$ 14.6 Billion by the end of 2014, growing at a CAGR of around 16%, acknowledged RNCOS.

Pioneering Mechanisms Driving Saudi Arabia Healthcare Market

LogoRiding on the back of robust demand from the emerging market, the healthcare sector in Saudi Arabia has been witnessing a healthy growth in comparison to the global health industry. According to a new research report by RNCOS, the country is emerging as one of the largest healthcare market in the GCC region that possesses a huge potential for further expansion due to rising healthcare needs. The government and health regulatory authorities in the country has been taking keen interest in the developing and enhancing healthcare infrastructure for increased accessibility. As per our latest research report, the healthcare sector in the Kingdom is anticipated to expand at a CAGR of around 7% during 2012-2015 on the back of factors, such as rising population, prevalence of lifestyle and infectious diseases, and longer life expectancy.

US Convenience Stores Market to Grow Significantly

LogoIn today's retail format, convenience retailing has emerged as a major growth area for a large number of retailers. C-stores have not only emerged as a dominant segment in the retail industry, but the growth in their sales has also been regularly surpassing the ones in the other retail formats. According to a new research report by RNCOS, the Americans’ busy lifestyle, increasing consumer spending and large customer base have boosted the development of this sector in the United States. It is expected that the trend will continue in future and the US convenience stores market will register a significant sales growth of around 11% during 2011-2014.

Global Gene Therapy Market Estimated to Reach US$ 325 Million by 2015

LogoAcross the globe, the gene therapy market has progressed rapidly in the past few years due to technological advancements and active participation by private and public players. According to a new research report by RNCOS, the global gene therapy industry holds enormous growth potential, despite being at a nascent stage, as some key products are under development that may positively impact the market in the coming years. With the very first launch of Gendicine in China, the global market continued to witness the entry of new players and instances of technical agreements. These developments have made the market lucrative, and it is expected that it will reach the US$ 325 Million-mark by 2015.

Elegant Indian Women’s Wear Market to Expand Impressively

LogoWith fashion consciousness and purchasing power rising unprecedentedly, the Indian women’s wear market is poised to grow stupendously, says RNCOS in its latest research report.

Strong Government Support Driving Chinese New Energy Vehicle Market

LogoForeseeing the potential of new energy vehicle market in China, Chinese Government is proactively taking initiatives and implementing strategies to boost the automobile market in future, acknowledged RNCOS.