Frost & Sullivan’s “Global Enterprise VoWLAN Single-mode and DECT Phone Market” is now available at ReportsnReports.com.

Dallas, TX -- (SBWIRE) -- 09/28/2011 -- This strategic analysis is part of Frost & Sullivan's continued coverage of the enterprise communications marketplace. Within this analysis, Frost & Sullivan has identified industry challenges, market drivers, restraints, competitive landscape, revenues, market shares and key market trends of two of the main on-site enterprise mobility endpoint options available in the market today: VoWLAN single-mode devices (no smartphones) and DECT handsets. With extensive primary and secondary research, this analysis provides enterprise endpoint vendors with a detailed look at the current and changing dynamics in this fast evolving on-site mobility marketplace.

Research Overview

This Frost & Sullivan research service titled World Enterprise VoWLAN Single-mode and DECT Phone Markets provides on-site mobility endpoint vendors with a detailed look at the dynamics of a changing market. In this research, Frost & Sullivan's expert analysts thoroughly examine the following technologies: Internet protocol (IP) digital enhanced cordless telecommunications (DECT), session initiation protocol (SIP) DECT, DECT 6.0, cordless advanced technology-Internet and quality (CAT-IQ), integrated services digital network (ISDN) DECT, voice over wireless fidelity (VoWi-Fi), mobile unified communications (UC) technologies, and wireless phones.

This analysis is available through our Enterprise Communications Growth Partnership Services program. With continuous access to intelligence and resources from all seven perspectives of the Complex Business Universe, the Growth Partnership Services program ensures that you and your Growth Team™ are able to maintain a 360 Degree Perspective of the market. This comprehensive, objective information allows your company to mitigate risk, identify new opportunities, and drive effective strategies for growth.

Reliability of DECT and VoWLAN Helps them Survive the Influx of New Enterprise Communication Devices and the Economic Downturn

The world enterprise DECT and voice over wireless local area network (VoWLAN) single-mode phone market, like most technology markets, has been seriously hit by the global economic slowdown. The market remained almost flat in 2008 and is expected to decline further in 2009. It is, however, expected to begin to recover in 2010 and experience more significant growth in 2011. The market is also feeling the heat of the competition from other types of mobile technologies such as advanced smartphones with built-in enterprise fixed mobile convergence (FMC) solutions. The threat from these solutions is very real since they frequently present a compelling value proposition to IT departments seeking to provide employees with a single device offering multiple capabilities. Moreover, the DECT market has to battle the perception of being an outdated and primarily consumer-centric technology.

Participants will also have to address numerous other challenges including channel education, product evolution, quality and security, interoperability with wired and wireless systems, and the slow ratification of standards.

Despite these issues, DECT and VoWLAN single-mode vendors can still stay afloat if they launch aggressive global campaigns aimed at promoting the various benefits and capabilities of their on-site mobility solutions. Competition from enterprise FMC solutions will most likely remain limited in the near term until users become more familiar with the value of these nascent technologies. Therefore, enterprises are likely to continue to deploy the more reliable DECT devices or the mature single-mode VoWLAN handsets.

Frost & Sullivan expects technologies such as IP DECT and SIP DECT to drive further DECT adoption, while voice-ready WLAN infrastructure implementations across verticals and regions will keep the VoWLAN single-mode market buoyant. Besides, most of VoWLAN's basic challenges have been resolved through continuous improvements in handset capabilities, wireless standards, as well as partnerships among device vendors, IP telephony providers, and WLAN infrastructure companies. Meanwhile, many major DECT phone manufacturers have launched innovative advanced DECT handsets. 'New handset capabilities include enhanced interfaces, additional software functions, novel form factors (smartphone-resembling devices), improved device durability, integration with advanced messaging and alarming systems, push-to-talk, location-based features, and centralized management capabilities,' says the analyst of this research. 'Many DECT participants affirm that the new capabilities offered by DECT technologies equal or even surpass those offered by VoWLAN single-mode devices.'

Growing enterprise WLAN and IP telephony penetration will boost adoption of both DECT and VoWLAN solutions. On-site mobility vendors could further expand their growth opportunities within the DECT and VoWLAN single-mode market by focusing on key verticals. They need to monitor specific vertical requirements in terms of on-site mobility solutions and identify potentially lucrative verticals. 'Vendors have to strive to provide evidence of cost savings and productivity gains through success case studies and end-user surveys,' notes the analyst. 'They should strategize for the current economic conditions by offering different payment options when launching or presenting an FMC offering.' They can also gain a distinct competitive edge by providing vertically tailored application support and integrations.

Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
• Unified communications
• Enterprise communications
• Mobile and wireless
• Technologies

The following technologies are covered in this research:
DECT/IP DECT/SIP DECT 6.0/ISDN DECT
• VoWi-Fi
• VoWLAN
• Mobile UC Technologies
• CAT-IQ

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Dallas, TX -- (SBWIRE) -- 09/28/2011 -- The global crop protection market consists of crop protection chemicals or agrochemicals, seeds, and genetically modified (GM) crops. Crop protection chemicals are the most dominating segment of this market in terms of market share as well as product innovations. Crop protection chemicals are further classified as pesticides (herbicides, insecticides, and fungicides), bio-pesticides, micronutrients, and adjuvants. As the latter three segments hold very minor market share, in general practice, pesticides are referred to as crop protection chemicals.

Pesticides are basically segmented further as synthetic pesticides and bio-based pesticides. Bio-based pesticides, as the name suggests, are made up of renewable resources and contain no synthetic active ingredients. These pesticides have a much more positive impact on the environment than their synthetic counterparts and are expected to be amongst the fastest growing pesticide segments in the near future.

Synthetic pesticides, which are typically manufactured from petrochemical or inorganic raw materials, are further segmented as insecticides, herbicides, and fungicides. Globally, the market is dominated by fungicides, accounting for over 40% of the total demand for pesticides in 2010. The global market for herbicides is expected to grow at a CAGR 4.6% from 2011 to 2016 to reach 1,351.3 kilo tons by 2016. In terms of revenue, it is expected to reach $24,821.1 million by 2016, growing at a CAGR of 5.9%. However, there are exceptions in regions such as India where insecticides are the most popular pesticides, accounting for over 40% of the total Indian market. The global market for insecticides is projected to reach 534.7 kilo tons by 2016, growing at a CAGR of 4.1%.

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Shrinking of arable land in recent years, growing population, and increasing need to improve crop yields are expected to drive the demand for crop protection chemicals in the near future. However, the constant push from regulatory authorities such as EPA (Environment Protection Agency) to restrict the use of pesticides in order to reduce the impact on the environment and growing consumer awareness regarding pesticide consumption due to residues is expected to hamper the demand for crop protection chemicals in the next five years.

One of the critical success factors (CSFs) in the market is the ability of a market player to preserve intellectual property through patents of its active ingredients and the ability to develop, register, and commercialize active ingredients coming off patents. This battle of generic against patented products is expected to be a key issue in the crop protection industry in the subsequent five years.

This report estimates the market size of the global crop protection chemicals market both in terms of active ingredient volume and revenue. The market has been further segmented on the basis of crop types such as cereals, grains, oilseeds, and vegetables as well as by sub-segmentation of insecticides, fungicides, and herbicides such as glyphosate, atrazine, and 2,4-D. This segmentation is given for major regions and key countries in those regions. Market drivers, restraints and challenges, raw material, and product price trends are discussed in detail. Market share by participants for the overall market is discussed in detail in the report. We have also profiled leading players of this industry including Bayer CropScience (Germany), BASF (Germany), Monsanto (U.S.), and Dow Agrosciences (U.S.).

Scope of the report
This research report categorizes the global market for crop protection chemicals on the basis of raw materials, product types, crop applications, and geography; forecasting volumes and revenue and analyzing trends in each of the following submarkets:

• On the basis of applications: Insecticides, Herbicides, Fungicides, Bio-Pesticides, Micro-Nutrients and Adjuvants

• On the basis of crop applications: Cereals, Grains, Fruits, Vegetables, Oilseeds and Cotton

• On the basis of geography: North America, Europe, Asia-Pacific, Latin America and ROW

About Us
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MarketsandMarkets “Global Home Automation and Control Systems Market by Products and Technologies (2011-2016)” is now available at ReportsnReports.com.

Dallas, TX -- (SBWIRE) -- 09/15/2011 -- Starting off with pneumatic phase, the home automation and control systems market has reached the world of standards, protocols, and data distribution systems; which allows the home automation control structures such as security systems, and lighting systems to interact and integrate with each other. The home automation and control systems that started with wired technology have now entered the era of wireless technology with technologies such as Zigbee, Z-wave, EnOcean, and others coming up.

The wide adoption of Internet across the globe has resulted in the growth and advancement of home automation and control market. The flexibility to control and monitor home automation and control systems from any point even out and far from homes is possible through Internet. These systems are also accessed and monitored via smartphone through message alerts.

Apart from increasing the living standards and inclination towards more convenient life, the home automation and control system products have also addressed the issue of power saving; that too, up to 80% through products like lighting controls. Entertainment control has dominated all the products of home automation and control market as it has become an important part of the lives of all the individuals.

The global home automation and control systems market is estimated to grow from $16,888.27 million in 2011 to $35,627.83 million in 2016 at a CAGR of 16.1%.

Scope of the report
Global home automation and control systems market research report categorizes on the basis of different products and geographical analysis; forecasting revenue, and analyzing trends in the global home automation and control systems market.

On the basis of product:
• General lighting controls: relay systems, central power systems, timer switches, controllable breaker, sensors, manual wall switches, dimming systems, and accessories
• Security controls: intrusion detection, surveillance system, motion sensors, touchscreens, and keypads
• Access controls: access controls system, door contacts, motion sensors, touch screens, and keypads
• HVAC controls: thermostats, zone and climate controls, temperature sensors, humidity sensors, and keypads
• Entertainment controls: audio and volume control, multi-media room controls, home theaters systems, touch screens, and keypads
• Outdoor controls: standalone and network controls for area & site, landscape, parking garages
• Communication protocols, standards, and data distributions: protocols, home management systems, and wireless technologies
• Protocols and standards: NEMA digital lighting controls open protocol, LonWorks, KNX, ethernet, black box
• Home management systems: BACnet, EIB, and Modbus
• Wireless technologies: Zigbee, EnOcean, RFID, Bluetooth, Z-wave, Wi-Fi, Synapse
• Management and metering: smart grid application software, energy management, and distribution management systems

On the basis of geographies:
The market is sectioned on the basis of regions such as North America, South America, Central America and Caribbean, Europe, Asia, Middle East, Africa, and Oceania.
Each section provides market data, market drivers, trends and opportunities, key players, and competitive outlook. This report also makes provisions for market tables for covering the sub-segments and micro-markets. In addition, the report also provides more than 20 company profiles covering all the sub-segments.

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MarketsandMarkets “Global Clinical Trials Market (2007 - 2010)” is now available at ReportsnReports.com.

Dallas, TX -- (SBWIRE) -- 09/13/2011 -- Clinical trials market now witnesses a paradigm shift. Naive heterogeneous patient populations in the developing nations are opening up new avenues for the clinical trials market. Developing countries also offer faster means; which is triggering major pharmaceutical companies to direct their investment in these regions. Apart from this, stringent regulations and tight R&D budgets in the pharma-biotech industry are also forcing companies to move to east. This scenario has further boosted the alliances between the pharma-biotech companies and the clinical research organizations, with the latter accounting for major chunk of the trials conducted.

Today, emerging countries account for the largest share of the phase II/III (prime stages) clinical trials conducted globally with major focus on oncology, Alzheimer's, metabolic, and cardiovascular diseases. Support from the respective government bodies is one of the major factors affecting the clinical trials market. Clinical trials sponsored by the industry have a much higher share in the market as compared to government organizations.

North America includes the U.S. and Canada; together both the countries have reported to have the largest number of clinical trials conducted globally. In the European region, Germany heads the largest number of clinical trials, the country was reported to have conducted 734 trials for 2010 in Western Europe while Poland accounted for the largest number of clinical trials in Eastern Europe with total number of 263 clinical trials for 2010.

Asia is one of the fastest growing markets for global clinical trials. The countries taking lead in this market are India, China, South Korea, and Singapore. The major reasons for this market to have high potential are its huge and diverse population with diseases that are present in both - the developed and under developed countries. Hence, different types of trials can be conducted in one region. Due to large population, it helps in faster recruitment of the patients, and retention of the participants in the trials on the higher side; thereby helping the companies to conduct the trials on the timely basis.

The financial targets and global competition are forcing the pharmaceutical players to look out for various options to introduce novel therapies in the market. At the same time, emerging shortage of clinical resources such as lack of naive disease population, well trained labor, and sound medical infrastructure are delaying the process to initiate trials. Hence, all these companies are considering Latin America as an alternative option for conducting clinical trials.

The key players (Clinical Research Organizations) in the market include Chiltern, Omnicare, PPD, Parexel, Kendle, and Quintles.

The global clinical trials conducted in 2008 were reported to be 10,326 and were highest from 2007 to 2010. Oncology trials were the most widely conducted clinical trials accounting for 28.47% of all the trials conducted for the year 2008. Asia reported to a steady growth as compared to the other regions; which showed decline in the total number of clinical trials in the year 2010.

Scope of the report
Global clinical trials market research report categorizes by phases, by the study design, by the disease indications and with analysis of the geographic trends of conducting the clinical trials.

Clinical trials market by phases:
• Phase I
• Phase II
• Phase III

Clinical trials market by study design
• Interventional trials
• Observational trials
• Expanded Access trials.

Clinical trials market by indications
• Autoimmune
• Blood disorders
• Cancer
• Circulatory
• CNS
• Congenital
• CVS
• Dermatology
• Ear
• Gastrointestinal
• Genitourinary
• Infections
• Mental disorders
• Metabolic
• Musculoskeletal
• Nose
• Ophthalmology
• Others

Clinical trials on basis of geography:
• North America
• South America
• Asia
• Europe
Each section of the report provides market tables for covering the number of clinical trials conducted between 2007 and 2010.

In addition, the report also provides 19 company profiles of the CROs covering the services and geographic presence.

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MarketsandMarkets “Global Smartphone Security Market by Operating Systems, Ownership & Features (2011 – 2016)” is now available at ReportsnReports.com.

Dallas, TX -- (SBWIRE) -- 09/13/2011 -- The advancements in technology have made available a variety of features that were earlier accessible through personal computers to be easily accessed through mobile phones; for instance, web browsing, emailing, and others. Popularity of applications such as Facebook, Twitter, and others has increased the usage of mobile phones in order to update the status messages instantly on the move.

As the usage of smartphone is increasing; their vulnerability to viruses, spams and malwares floating on the web is also on the rise. Smartphones are also required to be made safe and secure as we do for personal computers. This has necessitated and boosted the growth of smartphone security market. Though PC viruses have been in existence for over 25 years, mobile viruses' have very recently started to enter in the market from about 2004 onwards.

MarketsandMarkets expects the global smartphone security market to grow from 387.15 million in 2010 to $2964.89 million by 2016 at a CAGR of 43.97% from 2011 to 2016. Key issue in the industry today is battery overdrain and mobile handset and security software incompatibility.

The overall smartphone security market is segmented on the basis of mobile operating systems, ownership, and features. Mobile operating systems consist of following operating systems: Symbian, Android, Windows Mobile, Blackberry, iOS, and Other OS. The market by ownership is segmented into individual and business segment. The market by features is segmented into anti-virus, anti-theft, anti-phishing, encryption, anti-spam, and others. Others include anti-malware, privacy audit, and parental control.

The global smartphone security market is segmented into four geographies: North America, Europe, Asia Pacific and Japan, and ROW (Rest of the world). Europe forms the largest segment with about 32% of the overall market, followed by North America whereas; APJ is the fastest growing region with a CAGR of 48.58%.

Scope of the report
The report provides extensive analysis of "global smartphone security market segmented on the basis of mobile operating systems, ownership, and features including current market trends, industry drivers, and challenges for better understanding of the market. This report covers the strategies followed by "global smartphone security" players.

Market overview
This section discusses the market definition of "global smartphone security market". It also discusses the way market is segmented and the methodology and assumptions considered for forecasting the revenue. The winning imperatives, along with the burning issues in the market are covered as well. Drivers, restraints, and opportunities for "global smartphone security market" has also been covered in this section.

Market segmentation
This research report categorizes the global smartphone security market for forecasting the revenue and analyzing the trends in each of the following submarkets:

On the basis of operating systems
• Symbian
• Blackberry
• Android
• Windows
• iPhone OS
• Others (Bada, Palm, Linux, and Java OS)

On the basis of type of users
• Individual
• Business

On the basis of security features
• Anti-virus
• Anti-theft
• Data encryption
• Others (Anti-malware, anti-spyware, anti-spam, privacy audit, and parental control)

On the basis of geography
• North America
• Europe
• Asia-Pacific & Japan (APJ)
• ROW (Rest of the World)
• Geographic analysis
This section provides a brief overview of all the geographies pertaining to global smartphone security market segmented on the basis of mobile operating systems, ownership, and features, it covers the trends prevailing in each geography and the factors which are impacting the overall market in that particular geography.

Company profiles
This section provides the company profiles of major companies participating in the "global smartphone security market by operating system ownership & features". Company profiles include a brief overview of the company, primary business, financial overview, strategies followed by developments.

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MarketsandMarkets “Global Building Automation & Control Systems Market by Products, Applications & Technologies (2011 – 2016)” is now available at ReportsnReports.com.

Dallas, TX -- (SBWIRE) -- 09/13/2011 -- Starting off with pneumatic phase, the building automation and control systems market has reached in the world of standards, protocols and data distribution systems which allows the building automation systems such as security systems, lighting systems and others to interact and integrate with each others. The building automation and control systems which started with wired technology has now entered the era of wireless technology with coming up of technologies such as Zigbee, Z-wave, EnOcean, and others.

The market of building automation and control systems is segmented into sub markets such as lighting control, security control, access control, HVAC control, entertainment control, Communication, Standards and Protocols, and outdoor control.

The building automation and controls products have not only increased the living standards and have led for more convenient life but have also saved power through devices such as dimming systems and sensors. Among all the products, security control has dominated the building automation and control market due to increasing concerns to enhance the security. Building automation & control systems can save up-to 80% of the power.

The demand for energy efficient solutions, enhanced security via building automation & control systems, venture capital funding and more convenient than existing systems are driving of this industry. The requirement of "energy efficient solutions" at the global level is expected to impact the market for building automation & control systems remarkably. High cost is expected to remain the matter of concern of the market growth. Opportunities such as assistance of power line communication can drive the future market.

The building automation and control systems market is estimated to generate $41,234.621 million in 2011 and is expected to generate $ 82,137.06 million in 2016 at an estimated CAGR of 14.8% from 2011 to 2016.

Scope of the report

Global building automation and control systems market research report categorizes on the basis of different products, building applications, and geographical analysis; forecasting revenues and analyzing trends in the global building automation and control systems market.

On the basis of product:
• General lighting controls: relay systems, central power systems, timer switches, controllable breaker, sensors, manual wall switches, dimming systems, and accessories
• Security controls: intrusion detection, surveillance system, motion sensors, touch screens, and keypads
• Access controls: access controls system, door contacts, motion sensors, touch screens, and keypads.
• HVAC controls: thermostats, zone and climate controls, temperature sensors, humidity sensors, and keypads
• Entertainment controls: audio and volume control, multi-media room controls, building theaters systems, touch screens, and keypads
• Outdoor controls: standalone and network controls for area & site, landscape, parking garages
• Communication protocols, standards, and data distributions: Protocols, building management systems, and wireless technologies
• Protocols and standards: NEMA digital lighting controls open protocol, LonWorks, KNX, ethernet, black box
• Building management systems: BACnet, EIB, and Modbus
• Wireless technologies: Zigbee, EnOcean, RFID, Bluetooth, Z-wave, Wi-Fi, Synapse
• Management and metering: smart grid application software, energy management and distribution management systems

On the basis of application:
• Industrial building (Manufacturing)
• Commercial: Office, lodging, healthcare building, automotive, retail buildings, warehouse, non manufacturing
• Institutional: educational building, healthcare building, religious building, amusement, government buildings, and public recreation
• Infrastructure: highways, streets, bridges, sewer construction, water supply, power, transportation, communications, conservation & development
• Other: Open-air stadiums, parks, and playgrounds
• On the basis of geography:
North America, South America, Central America and Caribbean, Europe, Asia, Middle East, Africa, and Oceania.

Each section will provide market data, market drivers, trends and opportunities, key players, and competitive outlook. This report will also provide market tables for covering the sub-segments and micro-markets. In addition, the report also provides more than 20 company profiles covering all the sub-segments.

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MarketsandMarkets “Global Radiopharmaceuticals Market (PET/SPECT Imaging & Therapy) – Current Trends & Forecasts (2010 – 2015)” is now available at ReportsnReports.com.

Dallas, TX -- (SBWIRE) -- 08/19/2011 -- Radiopharmaceuticals are pharmaceutical agents used to diagnose certain medical problems such as cardiac, cancer, neurology, and/or treat certain conditions such as cancers. The use of radiopharmaceuticals as tracer dates back to 1930's. Over the years, technical advancement in production, diagnostic equipments (SPECT and PET), and discovery of new radiopharmaceutical have driven the market. The global radiopharmaceuticals market for therapy and PET & SPECT imaging was valued at $3,213 million in 2010 and is expected to reach $4,734 million by 2015; growing at a CAGR of 8.1% from 2010 to 2015. The PET & SPECT diagnosis accounted for the largest share -90%- of the global radiopharmaceutical market.

Diagnostic applications of radiopharmaceuticals have around 90% of the market share. The market is growing due to the increasing incidences of cancer and cardiac diseases, requisition of better imaging techniques for diseases such as Alzheimer's. Targeted alpha therapy is one of the most promising treatments for cancer, which is being researched upon by cancer institutes.

Driven by the increasing incidence of cardiac and cancer diseases, early and accurate diagnosis, increasing awareness amongst the masses, and expanding application segment; the global radiopharmaceutical market reached around $3.2 billion in 2010. Radiopharmaceuticals are used for the diagnosis and treatment of various ailments such as cancer, cardiac, renal, and respiratory diseases among the others. PET machines enable radiologists in early detection of cancer, cardiac, and Alzheimer's disease among the patients. This would increase the demand for PET machines among the healthcare centers and providers. Similarly, SPECT scanners have been on the forefront to bring about significant changes in the diagnostic imaging equipment landscape with opportunities in the market for neuroendocrine tumor imaging. For diagnostic applications of radiopharmaceuticals, radioisotopes such as FDG for PET and technetium for SPECT are most commonly used.

PET and SPECT scans provide dynamic images of the body's interior, rather than just the bones, like X-ray and magnetic resonance imaging (MRI). PET scan lets the doctor identify glucose metabolism in different parts of the body in a patient. Cancer cells grow at a faster rate than the other cells. The machine detects the speed of glucose being used and indicates the presence of cancerous tumors. The cancerous cell breaks down glucose at a higher rate than the other cells and this increased activity can be seen in a scan. Thus, the use of PET and SPECT scans facilitates early and accurate diagnosis of diseases such as cancer. Increased usage of PET & SPECT scans in turn increases the demand for radiopharmaceuticals.

FDG is the major radiopharmaceutical used in PET (approximately 90%). PET procedures are preferred over SPECT as PET is more accurate, sensitive, and endowed with better spatial arrangement of the image. Besides, the main radiopharmaceutical used in SPECT; i.e. technetium (99m) has a limited supply, forcing people to look for alternatives. FDG can be produced at desired levels to meet all the imaging requirements. This situation is boosting the FDG market.

Most of the radiopharmaceuticals are used in hospitals; accounting for 92%. Majority of the radiopharmaceuticals are administered intravenously. The market for radiopharmaceuticals is restricted by their high cost and difficulties faced while transporting them.

Scope of the report

This research report categorizes the radiopharmaceuticals therapy and PET/SPECT imaging market on the basis of isotopes, routes of administration, applications, and geography; forecasting revenue, and analyzing trends in each of the following submarkets:

On the basis of isotopes:

Fludeoxyglucose (F18), Technetium (Tc99m), Gallium (Ga67), Sodium Iodide (I123), Iobenguane (I131), Rhenium (Re186), Samarium (Sm153),Thallium (Tl201), Yttrium (Y90), Erbium(Er169), and others

On the basis of routes of administration:
Intravenous, peroral, inhalation, and others

On the basis of applications:

Diagnosis (PET and SPECT), indication for diagnosis, and therapy
On the basis of geography:
North America (U.S. and Canada), Europe, Asia-Pacific, Japan, and Rest of the World

Each section provides market data, market drivers, trends and opportunities, top-selling products, key players, and competitive outlook. This report will also provide market tables for covering the sub-segments. In addition, the report provides more than 16 company profiles covering all the sub-segments

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MarketsandMarkets “World Healthcare IT Market: Trends & Forecast (2010 – 2015)” is now available at ReportsnReports.com.

Dallas, TX -- (SBWIRE) -- 08/19/2011 -- The world healthcare IT market is expected to grow from $99.6 billion in 2010 to $162.2 billion in 2015, at a CAGR of 10.2% from 2010 to 2015.

Need to cut healthcare costs, enhance clinical/administrative workflow of hospitals, and huge demand for faster, error-free, efficient healthcare delivery, is fueling the healthcare provider IT market worldwide. Furthermore, the initiatives taken by the government for adoption of healthcare IT systems globally are also a significant driving force. Some of the major initiatives expected to hugely impact the market are the U.S Healthcare reforms and ARRA incentives.

EMR is expected to the highest growing market with a CAGR of 16.7% from 2010 to 2015. CPOE is also a fast growing segment with a CAGR of 16.5% from 2010 to 2015. Point of care information systems, specialty care information systems (cardiovascular information systems, oncology information systems), surgical and intensive care information systems are expected to have a combined CAGR of 15.1% from 2010 to 2015.

Low cost IT solutions, financing programs, and interoperable solutions are the focus of top healthcare IT solution providers. With rising adoption of healthcare IT, healthcare delivery models are expected to evolve from clinic centric to patient centric models such as preventive healthcare, remote patient monitoring, telemedicine, and home healthcare. Healthcare industry has always faced immense need for cutting edge technology for patient treatments and monitoring. However, the industry has been slow in adopting IT technologies in their workflow. The scenario is nevertheless changing now, with greater need to cut healthcare costs, immense demand for faster, better healthcare delivery along with reduced medical errors. Healthcare IT enhances clinical and administrative workflow and thus is increasingly being used as a strategy to reduce operating costs and improves the efficiency of healthcare delivery. Healthcare IT systems come across as a cost effective solution for augmenting the clinical and administrative workflow of healthcare providers.

The significant increase in demand for medical care has also increased the chances of error in diagnosis and claim settlement. This has lead to the introduction of systems such as CPOE (computerized physician order entry systems), integrated systems such as enterprise-wide PACS (picture archive and communication systems), EMR (electronic medical record). These not only helped reduce medical errors, but also helped improve the management of health related information.

Understanding the healthcare industry structure can help in gaining an insight into the changing needs of its affiliated IT market. The healthcare industry consists of three major participants – the providers, the payors, and the consumers. As the overall industry is moving towards integration, an insight into each participant's needs could help system providers design overarching systems that simultaneously cater to all the unmet requirements. Healthcare providers consist of large to small hospitals, clinics, nursing homes, research/educational institutions, and independent physicians. Payors consist of various government and non-government organizations offering insurance policies and claim processing services. Finally, consumers include patients maintaining their medical data.

Meditech (U.S.), Cerner Corporation (U.S.), Mckesson Corporation (U.S.), Siemens Healthcare (Germany), Epic Systems (U.S), Allscripts (U.S.), Philips (The Netherlands), and GE Healthcare (U.S.) account for the majority of the market.

Scope of the report

This research report evaluates the world healthcare IT market with respect to the product market. The report analyzes geography; forecasting revenues, and trends in each of the following submarkets:

Hardware
Software
Services
Each section will provide market data, market drivers, trends and opportunities, top-selling products, key players, and competitive outlook. This report will also provide market tables for covering the sub-segments and micro-markets. In addition, company profiles covering all the sub-segments will be given.

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