Mobile World

San Jose, California (PRWEB) November 08, 2011

Follow us on LinkedIn – Industrial accidents such as the explosions reported at Texas City refinery of BP and Britains Buncefield oil storage unit in mid-2000s have exposed the vulnerability of personnel working in hostile work environments. Employees, especially those working in enclosed workplaces such as boiler rooms, warehouses, garages, repair shops or breweries are at high risk of poisoning due to toxic gases. Exposure to such toxic gases often causes breathing problems, throat and eye infections, dizziness, convulsions, nausea, brain damage and in some serious cases, even death. Often overlooked, these regular hazards can be effectively managed by deploying efficient gas detection devices. Therefore, the need for personnel and plant safety offers a typical business case for adoption of gas detection equipment.

Additionally, the acceptable levels of toxic gas concentrations or occupational exposure of personnel to toxic gas as defined by the industry guidelines governed by organizations such as American Society of Heating Refrigeration and Air Conditioning Engineers (ASHRAE) and Occupational Safety and Health Administration (OSHA) also compel industries to install toxic gas monitoring systems, which can alert employees when toxic gas levels exceed permissible limits. Growing awareness among employees and plant owners on occupational hazards is also encouraging increased adoption of gas detection equipment in various end-use industries.

The recession impact, in retrospect, has been less severe on the global gas detection equipment market for the simple reason that periods of recession and economic slowdown are no excuses for reduced focus on activities such as, safety monitoring and quality testing. Simply put, workplace safety cannot be compromised upon even during difficult economic conditions. Therefore despite the fall in home value, GDP growth, consumer/business confidence index and consumer/business spending during the 2007-2009 period, the market continued at grow, albeit at a slower rate. The need to continuously ensure compliance with regulatory riders, health and safety, and environmental protection norms, coupled with engineering-intensive systems deployments helped the market to remain relatively resilient to the recessionary pressures.

The reduced momentum of growth recorded during the recession period was, nevertheless, largely because of the postponement and cancellation of infrastructure facilities in industries, such as, energy, oil and gas, and chemicals. Softening of the growth rate was also partially due to work force reduction and increased automation, both of which gained preeminence during the recession period as cost cutting measures. However, the underlying economics of gas detection goes beyond temporary weakness in the markets climate, as investments in such equipment are closely tied to safety of personnel, plant and community in general. For instance, the demand for toxic gas detection equipment in chemical industry, which typically function in highly hostile work environments has and will continue to remain unchanged irrespective of economic conditions. Companies too cannot afford to cut corners on operational safety measures for long, given the disproportionately higher costs associated with employee/worker injuries, loss in productivity/performance, and penalties paid for violation and non-conformance of OHS laws. These costs tend to far outweigh any gains stemming from cutting investments on gas detection equipment as a measure to save money. Technology innovations such as infrared and photoionization technology will push up demand for portable gas detection equipment in the short to medium term period, while continued market penetration into niche sectors such as aerospace, and emergency response will also open up additional avenues for growth.

As stated by the new market research report on Gas Detection Equipment, the US continues to remain the largest regional market. The US market is primarily driven by growing replacement demand and well-established occupational safety regulations in the nation. Asia-Pacific represents the fastest growing regional market displaying a CAGR of about 3.8% over the analysis period. Increased investments on new plants in steel, power, chemical/petrochemical and oil & gas sectors and rapid adoption of international safety standards and practices make Asia-Pacific a market laden with tremendous potential. Handheld/portable gas detection equipment market continues to be the largest and the fastest growing segment. Growth in adoption of handheld/portable gas detection equipment can be primarily attributed to the range of usage benefits that it has to offer, including its compact size, simple usage pattern and the ability to provide uninterrupted monitoring services.

Major players in the marketplace include Airtest Technologies Inc., Bacharach Inc., Dr

San Jose, California (PRWEB) November 08, 2011

Follow us on LinkedIn – Global market for Fluoroscopy and Mobile C-Arms is largely saturated with majority of growth likely to come from developing markets of Asia-Pacific and Rest of World. The market is also characterized by sedate growth patterns due to due to emerging alternatives in radiography. Majority of growth in the market is expected to come from the Mobile C-Arms market alone, as more and more medical procedures make use of Mobile C-Arms. Modern fluoroscopy equipment, techniques pose lesser risk to patient in terms of radiation exposure than in comparison with conventional fluoroscopic methods. For instance, advances in digitization of the images have reduced the time taken for the procedure thus reducing the level of radiation dose absorbed by the patient. Interventional fluoroscopy procedures carry a higher risk profile, but the benefits of a properly performed procedure outweigh the radiation risk.

Although the recent economic recession, characterized by severe capital shortages, lack of easy credit availability, decline in reimbursements of medical imaging, cutbacks in healthcare expenditure, and decline in capital expenditures squeezed new orders for Fluoroscopy and Mobile C-Arms, the market nevertheless staged a swift comeback in the year 2010, guided by the fact that these imaging modalities continue to remain cost effective when compared to MRI and CT systems. Steady rise in equipment utilization rates as a result of demographic pressures also helped prevent deep and prolonged capital budgets cuts in hospitals. Also, hospitals cannot afford to postpone for long the resolution of issues related to workflow, scheduling, throughput, and equipment utilization.

Another factor that helped prevent major scaling back of investments in fluoroscopic imaging is the fact that C-arm fluoroscopes are indispensable tools for intraoperative 2D imaging as they aid in accurate anatomic localization of implant placement thus explaining its widespread use in almost every medical discipline. Digital fluoroscopy has and will continue to remain a central imaging modality in both inpatient and outpatient care. The post recession period will witness the intersection of two vectors that will aid in future growth need for additional capacity and obsolescence. While obsolescence triggers the need for replacements, rising need for increased patient throughput exerts pressure on existing capacity thus providing a business case for new equipment purchases in a non-replacement scenario.

As stated by the new research report on Fluoroscopy and Mobile C Arms, the US represents the largest regional market worldwide. Asia-Pacific will be the fastest growing regional market with sales from the region waxing at a CAGR of about 3.4% over the analysis period. Growing need for quality healthcare and government support for equipment purchases will drive demand in the Asia-Pacific Market. Fluoroscopy represents the largest product segment. Growth in the market will also be driven by emerging applications, such as imaging the bodys torso and head i.e. brain, heart, abdomen, and thoracic cavity (or chest cavity), among others.

Rising number of obese patients has also enhanced the significance of fluoroscopy, particularly in generating images of bariatric patients, thereby driving its demand further. Mobile C-Arms market represents the fastest growing segment, waxing at a CAGR of about 2.64% over the analysis period. Demand for Mobile C-Arms in the short to medium term period will be primarily driven by growth in minimally invasive procedures, which require surgeons use appropriate imaging equipment such as Mobile C-Arms to obtain real time images of internal body parts, and guide them during the interventions.

Major players in the marketplace include GE Healthcare, F&M Control, SL, Hologic, Inc., Imaging3, Inc., OrthoScan, Inc, Philips Healthcare, Shimadzu Medical Systems, Siemens Medical Solutions, Toshiba Medical Systems Corp., Xograph Healthcare Ltd, Ziehm Imaging GmbH, among others.

The research report titled Fluoroscopy and Mobile C-Arms: A Global Strategic Business Report announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections (in Units and US$ Thousands) for major geographic markets including the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Rest of Europe), Asia-Pacific, and Rest of World. Product segments analyzed include Fluoroscopy, and Mobile C-Arms (Full-Size C-Arms, and Mini C-Arms).

For more details about this comprehensive market research report, please visit

http://www.strategyr.com/Fluoroscopy_And_Mobile_C_Arms_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

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Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/

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Burlington, MA (PRWEB) November 08, 2011

What:

San Jose, California (PRWEB) November 08, 2011

Follow us on LinkedIn – A part of the power protection devices industry, fuses and circuit breakers are critical components in distribution grids designed and developed to offer protection against unexpected power outages resulting from overload, short circuits/fault currents, and/or ground fault. Fuses and circuit breakers are indispensable not only in transmission and distribution of electric power, but virtually every product that utilizes electrical energy such as automobiles, consumer electronics, computers, telecommunication /data communication circuits, handheld devices, and industrial equipment and machinery. These devices are sophisticated in their internal construction and make use of electrical, magnetic, mechanical, chemical and thermal processes to achieve the desired characteristics. With increased deployment of electrical and electronic equipments, the demand for power protection devices including circuit breakers and fuses gained momentum over the last decade. And with issues relating to stable power supply still continuing to irk industries/businesses worldwide, demand is forecast to continue its steady growth into the future. Other factors poised to prop up growth in the market include the buoyant telecommunications industry worldwide, continued expansion in the use of personal computers and other technologically advanced electronic devices, and the relatively higher level of consumer awareness in developed markets, among others.

The financial crisis led world economic recession during the period 2007-2009, left the fuses and circuit breakers market hurting. Fall in the business confidence index, bleeding corporate balance sheets, enterprise skepticism over infrastructure investments, tight liquidity/financial constraints, lack of credit availability, high borrowing rates and capital shortages to fund new investments in telecommunications, IT infrastructure, plants and equipment, together shaved off approximately US$ 1.1 billion in market value between the period 2007 and 2009. Diminished manufacturing and commercial activity and the resulting declines in manufacturing output and industrial production reduced demand for electrical machinery, resulting in weakening demand for fuses and circuit breakers.

The construction end-use sector recorded the steepest fall in demand for fuses and circuit breakers. Cancellation, postponement, and general weakness in new office, commercial and residential building projects as a result of lack of credit and rising vacancy rates, and sharp falls in the number of applications for new building permits, and cost cutting among commercial establishments, and companies, played instrumental roles in negatively impacting demand. Plant closures, capacity idling, scaling back of operating capacity reduced opportunities for fuses and circuit breakers in automotive/transportation end-use sector, where they are used widely in conjunction with numerous high current automotive electronic components/devices/circuits, such as, engine, power windows, climate control systems, sunroofs, heater circuits, power door locks, air conditioning, among others. In the industrial end-use sector, sharp declines in manufacturing activity and lower cash inflows, reduced the focus, although temporarily, on industrial process automation which typically generates demand for power protection devices. The unfavorable market climate trickled down to fuses and circuit breakers, which are indispensable electrical components used in all electronic industrial machinery/equipment. Demand for fuses and circuit breakers in the energy related application market also declined in line with the deterioration in the health of the energy generation sector. Slowdown in electricity demand elicited erosions in sales of switchgears and components, such as, fuses and circuit breakers.

Looking beyond the recent economic turbulence, there is still a lot of untapped potential in the fuses and circuit breakers market, especially MCCB and high power fuses power segments. Key drivers for medium- and high-voltage fuses and circuit breakers include the rising energy consumption, rapid build-out of renewable energy, and the need to upgrade/retrofit grid assets in both developed and developing regions. Post recession, growth is already recovering given that the goal towards establishing a comprehensive power infrastructure has and will continue to remain vital to most governments across the globe. The evolution of smart grids and the resulting focus on reducing energy losses and enhancing efficiency will offer ample opportunities for growth of fuses and circuit breakers in the upcoming years. Besides that demand from commercial and industrial buildings, such as office, hotels, hospitals, shopping malls, condominiums; the increasing consumption of electricity; and resurgence in business climate will aid growth of low voltage fuses and circuit breakers.

As stated by the new market research report, the US and Asia-Pacific account for a major share of the global Fuses and Circuit Breakers market. While growth in the developed markets begin to tame down, developing markets will drive future growth guided by rapid industrialization, expansion of manufacturing, industrial and transportation industry, and continuous shifting of productions bases to low cost developing countries. By segment, Circuit Breakers is the largest contributor to global market revenues. Global market revenues for Fuses are expected to surge at a CAGR of 5.9% over the analysis period. Demand for medium- and high-voltage power fuses and fuse links in the post recession period will surge at the faster rate in line with rebound in construction activity in non-residential and electric power markets. High-power fuses, which extensively depend on the electric utilities market, will experience rapid gains as a result of massive subsidies being doled out to power utilities. Renewable energy sector will also throw up opportunities supported by rising adoption of high-power fuses to protect the step-up transformers in wind farm projects.

Major players in the global marketplace include ABB Group, Bel Fuse Inc, Bourns Inc, Carling Technologies Inc, Cooper Industries Ltd, E-T-A ElektroTechnische Apparate GmbH, Eaton Corporation, Fuji Electric Co Ltd, General Electric Company, Hitachi Ltd, Hubbell Power Systems Inc, Littelfuse Inc, Mersen, Mitsubishi Electric Corporation, Powell Industries Inc, Schneider Electric SA, Sensata Technologies Inc, Siemens AG, SPD Electrical Systems Inc, Tyco Electronics Corporation, among others.

The research report titled Fuses and Circuit Breakers: A Global Strategic Business Report announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections (US$ Millions) for major geographic markets including the US, Canada, Japan, Europe, AsiaPacific (excluding Japan), Middle East and Latin America. Key segments analyzed include Fuses, and Circuit Breakers.

For more details about this comprehensive market research report, please visit

http://www.strategyr.com/Fuses_and_Circuit_Breakers_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

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Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

San Jose, CA (PRWEB) November 08, 2011

Follow us on LinkedIn – A ubiquitous equipment, electric motors, which convert electrical energy into mechanical energy to drive any electrical appliance/equipment, are widely used in all walks of life. Right from powering dishwashers, humidifiers, power tools, electric starters in automobiles, elevators and escalators to machineries in factories, modern life without electric motors is inconceivable and market for electric motors is forecast to remain strong even into the distant future. IHP Motors are used for a wide range of applications including mining, manufacturing, construction, and climate control of large commercial buildings, among others. Rapid economic growth over the years resulted in an increase in the construction of industrial, power plant, and manufacturing facilities across the globe, which in return created demand for electric motors. The market is characterized by cyclical demand patterns, technological innovations for quality enhancements, pricing pressures, and continued reduction in lead-time and manufacturing costs.

A fragmented industry, world market for electric motors has been witnessing increasing influx of Asian players, fueling competition especially for the established North American and European players. The industry is home to several thousand local and international players competing fiercely for a share of the market pie. To compete in the marketplace, players are focusing on customization providing customized designs to meet specific requirements of end-users. Other strategies widely adopted to deflect the heat of competition and shore up revenues include differentiating on the quality of service and after-sales service offered to the customer. In a bid to maintain a price premium, companies are also investing in educating consumers over the importance of energy efficiency benefits offered by new generation electric motors. Continuous technology development over the decades has helped bring down prices and has resulted in manufacturers competing on both price and product features, such as, technologically advanced controls.

A key trend in the making is the rise of energy efficient motors. Escalating power prices and dwindling fuel supply have long been prime driving forces behind the keen interest and demand spurt in energy efficient motors. Electric motor systems inclusive of electric motors, control systems, drives, mechanical loads and processes account for as much as about 65% of the total electricity consumed in any industry. Not surprisingly therefore, effective and powerful electric motor systems pave way for significant energy savings. The extent of energy saving benefit offered can be put into perspective by the fact that energy conservation from energy efficient motors can lead to significant savings of billions of Kilowatt-hours of electric energy annually, in the US alone. With residential, commercial and industrial sectors increasing focus and emphasis on energy conservation given the spiraling energy costs, its opportunities galore for energy efficient motors.

Demand for electric motors, particularly IHP motors is typically driven by growth in investments in key end-use application areas. The 2007-2009 financial crisis led world economic recession crippled vital industries across the globe, such as, manufacturing, industrial, chemicals, petrochemicals, automotives, and energy generation, among others. As, the demand for energy is closely tied to the level of economic activity, and the recession not surprisingly resulted in lowering consumption as major energy-consuming sectors such as manufacturing, automobiles and construction industries witnessed significant disruptions in business activities. Additionally, investments in power generation by energy utilities was affected by the immense financing difficulties presented by the financial crisis. Reduced industrial, manufacturing and commercial activity elicited a parallel reduction in demand for IHP motors in industrial processing and manufacturing sectors.

However, in the upcoming years, demand for IHP motors is expected to experience healthy growth driven by end-users stepping-up their budgetary outlays for innovative and specialized electric motors. Energy efficient electric motors will especially score healthy gains. The outlook remains especially sturdy for developing regions including Asia-Pacific Rim, parts of Latin America, Africa and the Middle East, which have become lucrative manufacturing hubs.

As stated by the new market research report, Asia-Pacific, Europe and the United States account for a lions share of the global Integral Horsepower Motors market. Asia-Pacific represents the fastest growing market for IHP Motors and is forecast to register a compounded annual growth rate of 7.6% over the analysis period. By product type, AC IHP Motor is the largest market segment.

Major players profiled in the report include ABB Ltd., A.O. Smith Corporation, Baldor Electric Company, Franklin Electric Co Inc, GE Energy, HBD Industries Inc., Mitsubishi Electric Corp., Regal Beloit Corporation, Siemens AG, Sumitomo Heavy Industries, TECO Electric & Machinery Co., Ltd., Toshiba International Corporation, WEG S.A., among others.

The research report titled Integral Horsepower Motors: A Global Strategic Business Report announced by Global Industry Analysts, Inc., provides a review of market trends, product introductions/innovations, and recent industry activity. The report provides market estimates and projections for the years 2009 through 2017 (in US$ Million) for regions including The United States, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World. Market segments analyzed include – AC Motors and DC Motors. Also, a six-year (2003-2008) historic analysis is provided for additional perspective.

For more details about this comprehensive market research report, please visit

http://www.strategyr.com/Integral_Horsepower_Motors_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

Follow us on LinkedIn

Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/

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San Mateo, CA (PRWEB) November 09, 2011

NextLabs

San Jose, California (PRWEB) November 09, 2011

Follow us on LinkedIn – Ever growing energy needs as a result of continuous industrial development, improving living standards, and ever growing population, provide a stable and secure business case for turbines and turbine generator sets. Environmental regulations introduced or about to be implemented in several countries will influence the need for more efficient power generating equipment. Strong growth will stem from Asia-Pacific, Latin America, and Middle East driven by rapid levels of industrialization. Asia, for instance, requires huge amounts of energy to power the rapid industrialization underway in most countries in the region. Power requirements differ from country to country. New power generation plants undertaken and the routine replace

San Jose, California (PRWEB) November 09, 2011

Follow us on LinkedIn – Controlling access and preventing unauthorized entry is the key to ensuring against theft, sabotage, and vandalism. And electronic access controls, in this regard, is an omnipresent requirement for people from all walks of life, including the common man, employees, business owners, and most importantly building owners. Rise in terrorist attacks, vandalism, campus violence, and the resulting need for personal safety and security at public places such as transits, city centers, educational institutions, as well as borders have been driving the installation of electronic security systems at these places and facilities for preventing unauthorized access, ensuring remote surveillance, recording and reporting unruly incidents, and identification of culprits. Although, the government sector continues to remain the largest end-use market for electronic security systems, generating a major portion of value sales for electronic security systems (ESS) market, commercial establishments and households have also been increasing their ESS implementations over the last few years, due to heightened perceived threat of criminal activity and terrorism.

Although the tough economic climate squeezed new orders for electronic access control systems, the focus on safety and security among organizations, government agencies and general public will continue to remain unchanged in the post recession period, as security coverage is closely tied to safety of human life, and infrastructure facilities in residential and commercial centers. Growth in the market, which was hitherto frustrated by capital shortages, reduced personnel, and unemployment, will continue to rebound as liquidity issues and financial hardships begin to ease. Though developed markets such as Europe and North America have been the traditional revenue contributors in the market, developing markets such as Asia-Pacific and Latin America and Middle East are expected to turbo-charge future growth.

As stated by the new market research report on Electronic Access Control Systems, US continue to remain the largest regional market. Asia-Pacific is the fastest growing regional market, with value sales of EACS in the region waxing at a CAGR of about 13.5% over the analysis period. By product, Card-Based Electronic Access Control Systems continues to be the largest product segment. Biometrics-Based Electronic Access Control Systems is the fastest growing product segment, waxing at a CAGR of about 13.1% over the analysis period. Future growth of biometrics in access control is forecast to stem from globalization, emerging economies, mobility, spurt in number of mobile devices and trusted access. Moreover, growing value for concepts such as eGovernment, digital identity, and cloud computing, among others are likely to drive the demand for cutting-edge biometric technologies.

Major players in the marketplace include Aiphone Co. Ltd., ASSA ABLOY AB, BIO-key, International Inc., DigitalPersona Inc, Gunnebo Ab, Hirsch Electronics Corporation, Honeywell Access Systems, Ingersoll Rand Recognition Systems Inc., Linear LLC, Imprivata

San Jose, CA (PRWEB) November 09, 2011

Follow us on LinkedIn – Cardiovascular Disease (CVD) continues to be the leading cause of mortality worldwide, accounting for a whopping 17 million deaths annually. An estimated 30 million people worldwide get afflicted with one or the other form of cardiovascular diseases every year. Heart failure results in the death of over 5 million people every year. Heart Diseases constitute one of the 10 leading causes of death in the lower, middle and high income groups across the globe. Biomarkers provide tremendous support in effective clinical decision making, which is mainly dependent on diagnosing the health status of a patient. Owing to their precision in the early detection of risks associated with cardiac diseases, biomarkers emerged as an invaluable tool in detecting cardiovascular diseases that constitute a leading cause of mortality in several developed nations, including the US. Increasing technological advancements in the area of biomarkers have enabled their use in unconventional applications.

Cardiac biomarkers, used in the diagnosis and prognosis of myocardial infarction and heart failure, are one of the fastest growing segments of the clinical immunoassay diagnostics market. Cardiovascular biomarkers have taken cardiovascular and metabolic disease diagnosis and management to a new level, by enhancing the efficiency of these processes. Inflammatory and lipid biomarkers have been validated as indicators for assessing potential risks of cardiovascular diseases in patients. Their use has been proven to be effective in establishing the cardiovascular disease onset, thus enabling the prevention of conditions, such as coronary thrombosis and stroke. Besides, these biomarkers are capable of accurately assessing risks of Acute Coronary Syndrome (ACS), stroke and other cardiovascular events in the home as well as primary care settings.

The cardiac biomarkers currently available in the market cater to the needs of physicians for the prognosis, diagnosis, and risk assessment of cardiovascular diseases, such as heart failure and myocardial infarction. Researchers are looking out for additional markers that can help in detecting earlier events in the myocardial infarction disease progression, such as markers for plaque instability and myocardial ischemia.

The US represents the single largest market for Cardiac Biomarkers, as stated by the new market research report on Cardiac Biomarkers. Rest of World is likely to emerge as the fastest growing market for Cardiac Biomarkers with a compounded annual growth rate (CAGR) of 11.6% over the analysis period. Cardiac Troponin assay market constitutes the largest cardiac biomarkers test segment. BNP and NT-pro BNP assay test market is likely to emerge as the fastest growing segment reflecting a compounded annual growth rate (CAGR) of 15.6% over the analysis period.

Traditionally, clinicians preferred clinical laboratories for performing cardiac biomarkers tests for myocardial infarction, and to a limited extent, point-of-care. However, the POCT market for cardiac biomarkers showed dramatically upward trend with the introduction of the BNP test by Biosite in 2001. Clinical laboratory testing segment dominates the global cardiac biomarkers market, while Point-of-Care testing is poised to register the fastest CAGR of 12.9% during the analysis period.

Through the years, Siemens has transformed itself into the worlds largest fully integrated diagnostics company that includes laboratory diagnostics, imaging diagnostics, and clinical IT, all under one roof. Select major players profiled in the report include Abbott Diagnostics, Alere Inc., Axis-Shield PoC, Beckman Coulter Inc., BG Medicine, LifeSign LLC, Ortho-Clinical Diagnostics Inc., Roche Diagnostics Corp., among others.

The research report titled Cardiac Biomarkers: A Global Strategic Business Report announced by Global Industry Analysts Inc., provides a comprehensive review of the Cardiac Biomarkers, its market overview, key market trends, trends in research and development, an overview of different tests available, applications in various therapeutic areas, recent industry activity, product launches, and profiles of select market participants. The report provides annual value sales estimates and projections for the Cardiac Biomarkers market for the years 2009 through 2017 for the US, Europe, and Rest of World markets.

For more details about this comprehensive market research report, please visit http://www.strategyr.com/Cardiac_Biomarkers_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

Follow us on LinkedIn

Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/

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San Jose, California (PRWEB) November 10, 2011

Follow us on LinkedIn Global market for MRI systems is expected to grow backed by advancements in MRI technology and usage of MRI in newer applications such as identification of multiple sclerosis, among others. The market managed to sustain positive growth during recession due to the continuous improvements in the image quality and equipment features. Further, the development of newer techniques for imaging of specific portions of brains complex structure is driving growth in the MRI market. MRI is also finding use in conjunction with other modalities for achieving higher levels of image clarity. Also, 3-D MRI is expected to find use as a substitute for arthroscopy. The ability of MRI systems to image functionally as well as anatomically has allowed the technology to find footing in the diffusion and perfusion imaging, and surgical planning and navigation fields. The market is also witnessing a trend towards development of hybrid systems and integrated technology. Equipment incorporating innovative advancements such as improved temporal resolution, reduced exposure to radiation and reduced scanning time are expected to fuel market growth.

Globally, the expanding use of MRI technology into newer geographical regions is expected to fuel market growth. Europe is a more mature market for MRI systems akin to the US and increasing applications in areas such as breast, neurology and cardiac divisions would drive MRI market in Europe. Among the Asian countries, Japan continues to adopt newer technologies faster, thereby enabling the introduction of novel 3.0T equipment in Japanese market. Major economies such as North America, Europe, and Japan are expected to witness a decrease in market share while newer markets improve their share in the market.

As stated by the new market research report on Magnetic Resonance Imaging (MRI) Equipment, the US represents the largest regional market. The market is witnessing increasing use of dedicated systems meant for specific application including heart, brain and orthopedics. Very High-Field Systems represent the fastest growing segment as hospitals and clinics upgrade old equipment with next state-of-the-art systems. Technological advancements and aging baby-boomer population are forecast to propel growth of the market. In developing countries of Asia-Pacific and Latin America, technological advancements and increased utilization of imaging equipment are major drivers of growth in the MRI market.

In value terms, MRI equipment market in Asia-Pacific is poised to grow at the fastest compounded annual growth rate of 8.2% over the analysis period. Improved spending capability and greater awareness about healthcare services is fuelling demand for MRI technology across Asian countries. The region holds enormous growth potential, particularly from countries with large population base such as India and China. The demand is anticipated primarily from stand-alone imaging facilities, and private hospitals, as compared to public hospitals. The MRI equipment market is also likely to gain from the rising incidences of neurological, oncological, and cardiac diseases in the region. Among various segments, Closed MRI Systems, with their capability to deliver high clinical value account for largest share of the market. However, Open MRI Systems is expected to register fastest growth with a CAGR of 8.3% over the analysis period.

Major players profiled in the report include Esaote SPA, FONAR Corporation, GE Healthcare, Hitachi Medical Corporation, IMRIS Inc., Medinus Co., Ltd., Medtronic Navigation Inc., Millennium Technology Inc., Philips Healthcare, Shenzhen Anke High-tech Co., Ltd., Siemens Healthcare, Toshiba Medical Systems Corp., Beijing Wandong Medical Equipment Co., Ltd, and Koninklijke Philips Electronics N.V.

The research report titled Magnetic Resonance Imaging (MRI) Equipment: A Global Strategic Business Report announced by Global Industry Analysts Inc., provides a comprehensive review of the Magnetic Resonance Imaging (MRI) Equipment market, current trends, growth drivers, new product introductions, recent industry activity, and focus on major global market players. The study analyzes market data and analytics in terms of value and volume sales for the global market by the following regions – US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, and Rest of Europe), Asia-Pacific, Latin America, and Rest of World. Key product segments analyzed include Closed MRI Systems and Open MRI Systems. In addition, the US Market for MRI Equipment is analyzed by Magnetic Field Strength, namely Low & Mid-Field Systems, High Field Systems and Very-High Field Systems.

For more details about this comprehensive market research report, please visit http://www.strategyr.com/Magnetic_Resonance_Imaging_MRI_Equipment_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

Follow us on LinkedIn

Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/

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