What is the Current Scenario of Blood Gas Analyzers Market?

Global Blood Gas Analyzers Market, By Modality (Bench Top and Portable), By Product (Blood Gas Analyzers, Electrolyte Analyzers, Combined Analyzers, and Consumables), By End User (Central Laboratories, Point-of-Care, and Diagnostic Centers), and By Region (North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World) - Market Size & Forecasting (2016-2028)

According to the latest report by Quince Market Insights, the Blood Gas Analyzers Market is projected to record high demand over the forecast period with increasing demand over the forecast period from major end-use industries such as central laboratories, point-of-care, & diagnostic centres. Blood gas analyzes the amount of carbon dioxide and oxygen in the blood. It is also used, in many cases, to determine the blood pH level. The increasing number of chronic illnesses is one of the key factors driving the market for blood gas analyzers. Since blood gas analyzers provide quick results and prepare for operating rooms, emergency department services and critical care facilities, they are now commonly used in the healthcare industry.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Siemens
2. Medica
3. Roche
4. Erba
5. Nova score
6. Bayer
7. Scientific Radiometer
8. Samsung Medison
9. Edan Instruments
10. OPTI Medical Systems Inc.
11. Convergent Technology
12. Alere Medical
13. Accurex
14. Dalko Diagnostics

Segmentation for better understanding of this market and its growth prospects as per the report by QMI

The blood gas analyser market was segmented on the basis of modality, product, and end-user. The market for blood gas analysers has been segmented into a modal-based top and portable bench. The use of portable analyzers has increased, since they can be easily transported. Portable analyzers also produce timely and accurate results.

The market was segmented into blood gas analysers, electrolyte analyzers, combined analyzers, and consumables based on product. Combined analyzers have seen a significant increase in their demand as they provide accurate results for acid-base balance, blood gas, electrolytes, calcium ionized, lactate, and glucose. Demand for electrolyte analyzers has been increasing, as they not only help determine cardiac and renal functions but also detect metabolic imbalances in the human body.

The market was classified into central laboratories, point-of-care centers, and diagnostic centers based on end user. Of these, the point-of-care is mainly used in operating rooms and emergency departments, as they provide fast and reliable acid-base measurements that help monitor patients with mechanical ventilation.

Factors influencing the Market Growth:

o Preference for portable and lightweight blood gas analyzers.
o Quick supply, cost-effectiveness and ease of travel
o Increase in global chronic disease
o Healthcare industry expansion

Regional fragmentation to understand growth patterns-

During the forecast period, North America, Western Europe and region-by-region Asia Pacific are expected to lead the blood gas analysers industry. Such countries were the market leaders in terms of technological advances and advanced medical services for the overall healthcare sector. In addition, government policies were conducive to the growth of healthcare infrastructure in those regions. There is an established health care infrastructure in North America and Western Europe for product innovations and early adaptations. This is expected to drive market demand for blood gas analysers over the forecast period.

The US, Germany, France, the United Kingdom, Canada and Spain are some of the region's major markets. During the forecast period, Asia Pacific is expected to report one of the fastest CAGRs for blood gas analyzers industry. This region has witnessed global companies making strategic investments to cater for the growing demand in recent years. The region's market for blood gas analyzers includes China, Japan, India, South Korea and Australia. During the forecast period, other areas like Middle East, Eastern Europe, and the rest of the world (South America and Africa) are expected to be emerging markets for blood gas analysers.

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Market Segmentation:

By Modality:
Bench Top
Portable

By Product:
Blood Gas Analyzers
Electrolyte Analyzers
Combined Analyzers
Consumables

By End User:
Central Laboratories
Point-Of-Care
Diagnostic Centers

By Region:

North America
By Country (US, Canada, Mexico)
By Modality
By Product
By End User

Western Europe
By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
By Modality
By Product
By End User

Eastern Europe
By Country (Russia, Turkey, Rest of Eastern Europe)
By Modality
By Product
By End User

Asia Pacific
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Modality
By Product
By End User

Middle East
By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
By Modality
By Product
By End User

Rest of the World
By Region (South America, Africa)
By Modality
By Product
By End User

Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109,
Pune, Maharashtra 411028
Phone: +91 - 9850603687 / 7972869557
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

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This release was published on openPR.