Global Blood Gas and Electrolyte Analyzers Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Blood Gas and Electrolyte Analyzers Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global blood gas and electrolyte analyzers market report has been segmented on the basis of product type, modality, end user, and region.
Global Blood Gas and Electrolyte Analyzers Market: Overview
Blood gas analyzers and electrolyte analyzers are used to measure different parameter from entire bodies such as electrolytes, pH, blood gas, and metabolites from blood samples. The pH value of blood and plasma or serum is an indicator of balance between renal, blood, and lung. Blood gas analyzers are majorly used in many serious conditions such as vessel hemorrhage, diabetes, blood drug overdose, and shock for testing numerous factors.
Global Blood Gas and Electrolyte Analyzers Market: Dynamics
Increasing number of patients treated in emergency departments, operation room, NICUs, and ICUs is a key factor expected to drive growth of the global market over the forecast period.
In addition, increasing number of patients suffering from cancer and chronic diseases, technological advancements in blood gas and electrolyte analyzers, and increasing number of product approvals are some other factors expected to further fuel growth of the target market over the forecast period.
However, complexity in interpretation of blood analysis data is a key factor expected to restrain growth of the target market over the forecast period.
Ongoing trend observed in the target market is increasing geriatric population resulting in increasing number of patient treatment in emergency departments, critical care units, etc., is expected to support growth of the target market in certain extent.
Increasing investment for the improvement of healthcare infrastructure across various countries, technological development, and innovative product launches by various medical device manufacturers are expected to create lucrative opportunities for target market.
Global Blood Gas and Electrolyte Analyzers Market: Segment Analysis
Among the product type segments, the combined analyzers segment is expected to register significant growth in terms of revenue, owing to its flexibility for measuring multiple parameters like electrolytes, blood gases, and metabolites.
Among the modality segments, the portable analyzers segment is expected to register significant growth over the forecast period, owing to its accurate results along with ease of use of blood gas tests for bed-ridden patient.
Among the end user segments, the diagnostic centers segment is expected to register significant growth over the forecast period, owing to increasing adoption of blood gas and electrolyte analyzer in various applications such as disease detection and measurement of various elements such as glucose, pH, and sodium.
Global Blood Gas and Electrolyte Analyzers Market: Regional Analysis
The market in North America is expected to dominate in the global market in terms of revenue over the forecast period, owing to well-established healthcare infrastructure, presence of major blood gas & electrolyte analyzer manufacturers, and increasing number of patient’s treated in ICUs, NICUs, and emergency wards across various countries in this region. In addition, increasing government support for research and development activities is another factor expected to drive growth of the target market in this region.
The market in Asia Pacific is expected to register significant growth in the global market over the forecast period, owing to increasing number of patients suffering from chronic diseases, rising healthcare expenditures, and patient awareness across various countries in this region.
Global Blood Gas and Electrolyte Analyzers Market Segmentation:
Segmentation by product type:
- Blood Gas Analyzers
- Electrolyte Analyzers
- Combined Analyzers
Segmentation by modality:
Segmentation by end user:
- Diagnostic Centers
- Ambulatory Surgical Centers
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Siemens Healthcare GmbH
- Radiometer Medical ApS
- Instrumentation Laboratory Company
- Hoffmann-La Roche Ltd.
- Cerner Corporation
- Alere Inc.
- Medica Corporation
- Erba SA
- Nova Biomedical Corporation
- Bayer AG
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