Market For Medical Biosensor Products Reaches $7 Billion

Research and Markets (http://www.researchandmarkets.com/reports/c55237) has announced the addition of Medical Biosensor Applications and Market to 2008 — Diabetes Management, Point-of-Care and Related Applications to their offering.

This insightful report discusses the global market for medical biosensors and offers readers interesting information and analysis about key developments driving this market. The study details how medical biosensors are utilized in key medical applications.

These applications include home blood glucose monitoring used for diabetes management and clinical biosensor applications including Point-of-Care-Testing devices, IV diagnostics and related applications.

The surge in obesity and the disturbing growth rate of diabetes in the developed world is driving a need for better diabetes management products. Glucose monitors will continue to play an important role in this field.

In hospitals, there is a continual need for medical biosensor based devices that are used for real-time Point-of-Care Testing or monitoring of blood gases, other vital signs, and related clinical applications.

The acute shortage of available livers, pancreatic cells and kidneys for transplant is driving the need for life sustaining artificial organs. Innovative medical biosensor devices are being developed to work as part of artificial organs such as artificial pancreas, liver or kidney. Many organizations are working in this field and are seeking new business opportunities.

This report discusses the major areas of commercial and R&D activities at academic, private or public centres. This study estimates that the market size for global medical biosensor-based products in 2004 reached about $7.1 billion and is growing at about 9.7% to 2008. Company profiles and tables provide insights about products and trends. The study uses 25 figures and tables to provide the reader with key information

This report would benefit people with job titles including CEO, VPs, Director of Business Development, Research Directors, Entrepreneurs, Venture Capitalists, Investment Planners, Research Scientists, Consultants or Industry Analysts.

For more information visit http://www.researchandmarkets.com/reports/c55237