EME Blood Gas and Electrolyte Analyzers Market is expanding rapidly with growing geriatric population and rising prevalence of cancer

Electrolyte Analyzers has been one of the fastest-growing markets in the health care field. Demand for this product is increasing worldwide due to its wide range of applications. Global Electrolyte Analyzer Market Report provides market statistics (by product category, market share, value, and volume), outlook by sectors, applications, and combines both quantitative and qualitative techniques to create micro-and macro estimates. Over the years, the prevalence of chronic disorders such as cancer, cardiovascular, and respiratory disorders. As per the World Health Organization (WHO), around 3.7 million new cases of cancer are reported across European Union each year. As per the same source, in 2018, Saudi Arabia recorded 24,485 new cases of cancer and 10,518 deaths due to the same. As a result of this, the demand for electrolyte analyzers is surging, which could augment growth of the EME blood gas and electrolyte analyzers market.

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A typical Electrolyte Analyzer has two primary parts: an anode and a cathode source. Both of these units can be made of silver, mercury, lead, or any other material depending on the manufacturer's needs. The anode in an electrolyte analyzer is typically made of lead, whereas the cathode is typically made of bismuth, aluminum, tin, or any other conductive metal. Other metals that can be used in an anode include phosphorus, lithium, titanium, boron, or silicon. Another factor that influences growth of the market is the rapidly growing geriatric population. The fact that the geriatric population is increasing in both developed and emerging economies shows that there is higher demand for electrolyte analyzers. As per the Eurostat, in 2019, around 20.3% of the EU-27 population was aged 65 years and above. Elderly people are more vulnerable to different types of chronic diseases, which can stimulate growth of the EME blood gas and electrolyte analyzers market.

That being said, complex functioning and understanding of data for these analyzers is a major challenge that could potentially slow down the market growth. Furthermore, a dearth of skilled personnel in remote areas of the Middle East to operate blood gas and electrolyte analyzers can impede growth of the EME blood gas and electrolyte analyzers market.

The main function of an electrolyte analyzer is to separate sodium and potassium ions from a solution. Solvents can also cause the separation of sodium and potassium ions, resulting in a measurement of their concentration. Electrolyte analyzers can be either mechanical or chemical-mechanical, depending on the type of analysis needed. One can purchase or make their own reagent system for Electrolyte Analysis. Despite these challenges, there are certain factors that can provide major business opportunities for market players. The emergence of the COVID-19 pandemic has provided numerous growth opportunities for players in the Europe and Middle East region. Besides, many companies are focused on upgrading devices, which can further present lucrative growth opportunities in the market.

EME Blood Gas and Electrolyte Analyzers Market: Competitive Landscape

Major players operating in EME blood gas and electrolyte analyzers market include, Abbott Laboratories, Medica Corporation, Nova Biomedical, Radiometer Medical ApS, F. Hoffmann-La Roche Ltd., Siemens Healthcare, Alere Inc., EKF Diagnostics, ERBA Diagnostics Mannheim GmbH, and Instrumentation Laboratories (Werfen).

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