The Blood Gas and Electrolyte Analyzers Market report covers all the important information associated with the market such as target market size, share, current trends, challenges, restraints, competition analysis, and market potential during the forecast period of 2021 to 2028. The report gives an overall market view that helps to understand the environment of the business and allow to discern the threats and opportunities associated with area of industry.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the blood gas and electrolyte analyzers Market include Abbott Laboratories, ERBA Mannheim, Instrumentation Laboratory Company, Medica Corporation, Nova, OPTI Medical Systems, Radiometer, Roche, Siemens, Abbott Laboratories. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
An increase in the prevalence of chronic disorders, an increase in the global geriatric population, rise in the number of patients treated in ICUs, NICUs, and emergency departments, technological advancements in blood gas and electrolyte analyzers, and an increase in the number of product approvals globally are all driving the market for blood gas and electrolyte analyzers. The need for blood gas and electrolyte analyzers is hampered by the high cost of analyzers and the complexity of interpreting blood analysis data. Furthermore, the integration of blood gas analyzers with electronic medical records and laboratory information systems presents a significant market expansion prospect. Furthermore, during the forecast period, the need for technology-integrated combined systems and point-of-care devices is likely to drive the market significantly. Moreover, the availability of various portable, benchtop, easy to use, with higher accuracy and rapid devices, as well as the government’s various initiatives and strategies, as well as key market players’ pivotal roles in raising awareness for diagnosis, all contribute to the blood gas and electrolyte analyzers market’s growth. The market has been fueled even more by a significant increase in global healthcare spending. The rise in population, particularly among the elderly, and the increased use of medical services are the two fundamental reasons driving up healthcare costs.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of blood gas and electrolyte analyzers market. The growth and trends of blood gas and electrolyte analyzers market industry provide a holistic approach to this study.
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Market Segmentation
This section of the blood gas and electrolyte analyzers Market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- I-Stat (Abbott Laboratories),
- Gem Premier (Instrumentation Laboratory)
- Abl Flex (Radiometer)
- Cobas (Roche Diagnostics)
- Rapid Series (Siemens Healthineers)
- Others
By Application
- Hospitals
- Clinics
- Ambulatory Surgical Centers (Asc)
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Blood Gas and Electrolyte Analyzers Market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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The global Blood Gas and Electrolyte Analyzers Market is estimated to reach USD 653.5 million by 2022.
An increase in demand for blood gas testing, growing incidence among the patients in emergency departments and critical care, increasing healthcare expenditure, increase in the change of focus towards point-of-care testing and introduction of new expertise are some of the most affecting drivers of this market.Increase in the base population will also contribute towards the growth of the market in the coming years by resulting in high occurrence rates of diseases which include cancer, respiratory disorders, diabetes, and heart-related diseases.
Furthermore, the appearance of multi-parameter monitoring device which helps in increasing test menus and rise in requirement for miniaturized devices which is expected to improve market growth over the coming period.
For example, according to the WHO, the global geriatric population of 65 years and above will help to rise from 7% in 2000 to 16% in 2050.
Benchtop analyzers with a display (LCD) are larger, with a keypad to enter information and also contains a slot for placing in a sample tube or test strip, while portable analyzers are movable thus facilitating bedside examination.
The combined analyzer market is anticipated to witness an increase in growth as a result of increasing need for analyzers which need less maintenance, further facilitating the test results for electrolyte and blood count from samples such as whole dialysate, urine, blood, serum, and plasma.End-use InsightsThe market is divided on the basis of end-use into central laboratories and point-of-care.
Industry InsightsThe global Blood Gas and Electrolyte Analyzers Market is estimated to reach USD 653.5 million by 2022.
An increase in demand for blood gas testing, growing incidence among the patients in emergency departments and critical care, increasing healthcare expenditure, increase in the change of focus towards point-of-care testing and introduction of new expertise are some of the most affecting drivers of this market.Increase in the base population will also contribute towards the growth of the market in the coming years by resulting in high occurrence rates of diseases which include cancer, respiratory disorders, diabetes, and heart-related diseases.
Furthermore, the appearance of multi-parameter monitoring device which helps in increasing test menus and rise in requirement for miniaturized devices which is expected to improve market growth over the coming period.
For example, according to the WHO, the global geriatric population of 65 years and above will help to rise from 7% in 2000 to 16% in 2050.
Benchtop analyzers with a display (LCD) are larger, with a keypad to enter information and also contains a slot for placing in a sample tube or test strip, while portable analyzers are movable thus facilitating bedside examination.
The combined analyzer market is anticipated to witness an increase in growth as a result of increasing need for analyzers which need less maintenance, further facilitating the test results for electrolyte and blood count from samples such as whole dialysate, urine, blood, serum, and plasma.End-use InsightsThe market is divided on the basis of end-use into central laboratories and point-of-care.
Blood Gas And Electrolyte Analyzers Market is estimated to reach USD 653.5 million by 2022.
An increase in demand for blood gas testing, growing incidence among the patients in emergency departments and critical care, increasing healthcare expenditure, increase in the change of focus towards point-of-care testing and introduction of new expertise are some of the most affecting drivers of this market.
Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/blood-gas-electrolyte-analyzers-market/request-sample The key driving factors responsible for the growth of Blood Gas And Electrolyte Analyzers market : Increase in the base population will also contribute towards the growth of the market in the coming years by resulting in high occurrence rates of diseases which include cancer, respiratory disorders, diabetes, and heart-related diseases.
Furthermore, the appearance of multi-parameter monitoring device which helps in increasing test menus and rise in requirement for miniaturized devices which is expected to improve market growth over the coming period.
For example, according to the WHO, the global geriatric population of 65 years and above will help to rise from 7% in 2000 to 16% in 2050.
Benchtop analyzers with a display (LCD) are larger, with a keypad to enter information and also contains a slot for placing in a sample tube or test strip, while portable analyzers are movable thus facilitating bedside examination.
According to research report the Blood Gas and Electrolyte Analyzer Market was estimated to be USD 506.9 Million in 2016, which would reach USD 636 Million by 2021, growing at a CAGR of 4.6% during 2016 to 2021.Ask For Free PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=242278963A number of factors, such as the growing number of patients being treated in ICUs, NICUs, and emergency departments, and the increasing adoption of technologically advanced biosensors and data analysis software for developing next-generation blood gas analyzers are expected to drive the growth of the blood gas analyzer market in the coming years.
The other factors driving the growth of Blood Gas and Electrolyte Analyzer Market include rising geriatric population and the subsequent increase in the prevalence of chronic diseases, increasing adoption of technologically advanced biosensors and data analysis software, growing demand for technology integrated combined systems, and miniaturization of POC blood gas analyzers.North America is expected to account for the largest blood gas analyzer market share in 2016, which is primarily attributed to the growing prevalence of lifestyle diseases, increasing number of product approvals, and rising government initiatives in this region.
However, the APAC Blood Gas Analyzers market is projected to witness a higher growth during the forecast period due to the growing initiatives by market players, increasing patient population base, and rising number of partnerships and joint ventures.The Blood Gas and Electrolyte Analyzer Market is segmented on the basis of major product brands (i-STAT, epoc, GEM 3000, GEM 3500, GEM 4000, ABL800, ABL80, ABL90, cobas b 221, cobas b 121, cobas b 123, RAPID Series) in four major regional segments, namely, North America, Europe, APAC, and Rest of the World.
This report analyzes the market from both value and volume perspectives.
GEM 3000 is expected to account for the largest share of the global blood gas analyzers market in 2016.
This is mainly because GEM 3000 delivers real-time system diagnostics, requires low labor-intensive system calibration, and eliminates lengthy equipment training and possible human errors.
