The global Blood Gas and Electrolyte Analyzers market was valued at US$ 3061.8 million in 2020 and is expected to reach US$ 4019.5 million by the end of 2027, growing at a CAGR of 3.5% during 2021-2027.
Blood gas and electrolyte analyzers are used to measure different parameters from whole blood samples, such as pH, blood gas (pCO2 and pO2), electrolytes, and metabolites. The pH value of blood and serum or plasma is an indicator of the balance between the blood, renal (kidney), and lung (respiratory) systems, while the pCO2 value of arterial blood is used to assess efficient elimination of carbon dioxide from the body, a by-product of metabolism; and the pO2 value of arterial blood is a measure of oxygen absorbance by the body in the lungs. Electrolytes and metabolites give further information about body metabolism.
Growth in number of patients being treated in ICUs, NICUs, and emergency departmen ts; rise in patients suffering from chronic diseases; technological advancement in blood gas & electrolyte analyzers, and increase in number of product approvals are the major factors that drive the market growth. However, complexity involved in the interpretation of blood analysis data act as a restraining factor for the market growth. Increase in investment by major medical diagnostics giants and improvement in the healthcare facilities in Asia-Pacific provide growth opportunities for the market.
Global Blood Gas and Electrolyte Analyzers Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Blood Gas and Electrolyte Analyzers Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Abbott Laboratories, ERBA Mannheim, Instrumentation Laboratory Company, Medica Corporation, Nova, OPTI Medical Systems, Radiometer, Roche, Siemens and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- i-Stat (Abbott Laboratories)
- GEM Premier (Instrumentation Laboratory)
- ABL Flex (Radiometer)
- Cobas (Roche Diagnostics)
- RAPID Series (Siemens Healthineers)
Segment by Application
- Ambulatory Surgical Centers (ASC)
Table of Content:
1 Blood Gas and Electrolyte Analyzers Market Overview
2 Blood Gas and Electrolyte Analyzers Market Competition by Manufacturers
3 Blood Gas and Electrolyte Analyzers Retrospective Market Scenario by Region
4 Global Blood Gas and Electrolyte Analyzers Historic Market Analysis by Type
5 Global Blood Gas and Electrolyte Analyzers Historic Market Analysis by Application
6 Key Companies Profiled
7 Blood Gas and Electrolyte Analyzers Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Blood Gas and Electrolyte Analyzers Market Dynamics
10 Global Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta