SOURCE: World Street Fundamentals

July 01, 2011 09:00 ET

Equity Research on Hansen Medical, Inc. and St. Jude Medical, Inc. - Steady Cardiac Rhythm Makes Revenues

HONG KONG--(Marketwire - Jul 1, 2011) - Today, released its industry report highlighting Hansen Medical, Inc. (NASDAQ: HNSN) and St. Jude Medical, Inc. (NYSE: STJ). Full fundamental and technical analysis is available at

The medical equipment sector, which optimistically belongs to the exclusive group of categories which are historically recession-resistant, as well as new innovations being introduced, is expected to continue to grow. Hospital capital equipment spending, stressed municipal and state budgets, and continued weak demand for elective medical procedures are still a concern. On a positive note, it is thought that the delay for the implementation of the medical device tax in the health care reform law will help the sub-industry align its cost structure to partially offset the impact of the tax. In 2011, it is expected to see revenues rise at a mid- to high single digit pace, aided by a weakening dollar and expansion into emerging markets.

World Street Fundamentals has highlighted Hansen Medical, Inc. because it develops, manufactures and sells a generation of medical robotics designed for accurate positioning, manipulation and stable control of catheters and catheter-based technologies. Its Sensei Robotic Catheter System, or Sensei system, is designed to allow physicians to instinctively navigate flexible catheters with greater stability and control in interventional procedures. The Company's focus is on electrophysiology (EP) procedures for the diagnosis and treatment of patients who suffer from abnormal heart rhythms, or arrhythmias, such as atrial fibrillation. The entire report on Hansen Medical, Inc. (NASDAQ: HNSN) is available here:

World Street has highlighted St. Jude Medical, Inc. because it develops, manufactures and distributes cardiovascular medical devices for the global cardiac rhythm management, cardiology and cardiac surgery and atrial fibrillation therapy areas and neurostimulation medical devices for the management of chronic pain. St. Jude operates in four segments: Cardiac Rhythm Management (CRM), Cardiovascular (CV), Atrial Fibrillation (AF) and Neuromodulation (NMD). The entire report on St. Jude Medical, Inc. (NYSE: STJ) is available here:

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