Blood Gas Analyzer Market with Modern Trends, Developing Technologies, Investment Opportunities, Revenue and Forecast

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Data Bridge Market Research analyses that the blood gas analyzer market was valued at USD 668.4 million in 2022 and is expected to reach USD 995.08 million by 2030, growing at a CAGR of 5.10% from 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

The blood gas analyzers are widely utilized to measure electrolyte, pH, blood gas, and some metabolites in the whole blood specimen. Some of the common blood gas analyzers will measure lactate, glucose, and bilirubin. These measurements show the build-up or breakdown of chemical components in the body, representing pulmonary status or disease condition.

The major players covered in the blood gas analyzer market report are Abbott, Nova Biomedical, Convergent technologies, Dalko Diagnostic, Edan Instrument Inc., F. Hoffmann-La Roche, Instrumentation laboratory India Pvt Ltd., Radiometer Medical Aps, Siemens, Tecom Analytical Systems, OPTI Medical Systems, Inc., ERBA Mannheim and Medica Corporation among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Recent Developments

In 2022, Sysmex America Inc. received FDA clearance for the development of a new feature to its N-10 Automated Hematology Analyzer with Blood Bank mode. This is the first automated analyzer that is approved for residual WBC counting.
In 2021, Siemens healthiness launched the epoc Blood Analysis System. It is a handheld, wireless solution having complete blood gas, hematocrit and lactate on a single room temperature-stable test card, a basic metabolic panel, delivering patient-side results in less than 1 minute. It helps in supporting COVID-19 response efforts, where blood gas testing plays a serious role in managing infected patients.

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Opportunities

Increasing Advantages of Blood Gas Analyzers

As per the National Heart, Lung and Blood Institute Atherosclerotic Risk in Communities (ARIC) study and Cardiovascular Health Study (CHS) in 2021, there are around 1,260,000 new and recurrent coronary attacks every yearabout 37% of people experience a coronary attack in a year and eventually die from it. Using these blood gas analyzers will help determine a patient's disease and help avoid such critical conditions leading to market growth.

Growing Product Launches

The growing product launches and collaborations are boosting the growth of the market. For instance, ENVEA launched its new portable multi-gas monitor MIR 9000P in January 2021 designed to meet the precise needs of regulatory and periodic MIR 9000P and is compliant with international directives such as United States Environmental Protection Agency and EN 15267-4. It guarantees increased accuracy and prolonged measuring ranges for 8 parameters namely NOx, N2O, CO, CO2, SO2, CH4, O2 and residual H2O. Thus, these kind of launches are driving the market growth.

Major Points Covered in Table of Contents:

An Overview of the Blood Gas Analyzer Market Industry

Manufacturers' Market Share Production Market Share by Regions

Consumption in Different Regions

Trends in Production, Revenue, and Price by Type

Analysis of the Blood Gas Analyzer Market by Applications

Blood Gas Analyzer Market Industry Company Profiles and Key Figures Blood Gas Analyzer Market Manufacturing Cost Analysis

Customers, Distributors, and Marketing Channel

Market Trends

Research Findings and Conclusions on the Blood Gas Analyzer Market

Data Source and Methodology

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Some of the important question for stakeholders and business professional for expanding their position in the Blood Gas Analyzer Market:

Q 1. Ahead of 2023, which region offers the most lucrative open doors for the market?

Q 2. What are the business threats, as well as the impact of the most recent scenario on market growth and estimation?

Q 3. In terms of applications, types, and areas, what are the most promising, high-development possibilities for the Blood Gas Analyzer Market movement?

Q 4.What segments of the Blood Gas Analyzer Market are attracting the most attention in 2023 and beyond?

Q 5. Who are the major participants in the Blood Gas Analyzer Market, both now and in the future?

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, LATAM, Europe or Southeast Asia or Just Eastern Asia

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