Blood Gas And Electrolyte Analyzers market competitive and growth analysis - major players, high growth strategies and opportunities

As per The Business Research Company's Blood Gas And Electrolyte Analyzers Opportunities And Strategies Market Report 2023, The blood gas and electrolyte analyzers market size reached a value of nearly $2,842.51 million in 2021, having grown at a compound annual growth rate (CAGR) of 8.5%since 2016. The market is expected to grow from $2,842.51 million in 2021 to $3,749.46 million in 2026 at a rate of 5.7%. The blood gas and electrolyte analyzers market size are then expected to grow at a CAGR of 7.3%from 2026 and reach $5,324.03 million in 2031.

The rising number of patients in critical care units and intensive care units (ICU) is expected to propel the blood gas and electrolyte analyzers market growth across the forecast period. Intensive care units (ICUs) are specialized hospital wards that offer monitoring and treatment for seriously ill patients. For example, in 2021, in the ICU, patients with severe COVID-19 reported mortality rates between 50 and 65%. Mortality rates in people who need medical ventilation have been reported to reach 97%. Recent findings indicate a reduced mortality rate, and regional experiences in the management of critically sick patients with severe COVID-19 have differed between cities and nations. Given that recent reports with the use of remdesivir,
hydroxychloroquine/azithromycin, lopinavir-ritonavir and convalescent plasma have been inconsistent in terms of mortality reduction and improvement of ICU outcomes. The regional and institutional variations in ICU outcomes and overall mortality are not yet fully understood and are not related to the use of experimental therapies. Thus, the rising number of patients is driving the growth of the market in the forecast period.

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Automated blood gas analyzers are a key trend gaining popularity in the blood gas and analyzers market. Automated blood gas systems simplify blood sampling and enable the measurement of dissolved oxygen (pO2), carbon dioxide (pCO2) and pH in blood samples rapidly and cost-effectively. For instance, in November 2021, Boditech Med (Gang-won-do, Korea), a South Korea based company which has been developing products for in-vitro diagnostics and diagnostic reagents, launched its new automated immunoassay analyzer with blood collection tube, including an all-in-one cartridge system, at MEDICA 2021. From 15 to 18 November 2021, the world's leading information and communication platforms for the medical technology industry and its supplier sector presented a wealth of convincing innovations as well as an accompanying program that covered a wide range of topics (supplemented by digital offers) and did justice to their internationally prestigious position.

Boditech's new point-of-care (POC) immunoassay analyzer, AFIAS-10, is a unique integrated Sample-to-Answer system that can execute 10 parallel tests for each different parameter. AFIAS-10 provides a quick and simplified operation and reliable test result with automatic sample collection from a blood tube.

Opportunities -The top opportunities in the blood gas and electrolyte analyzers market segmented by product will arise in the consumables market segment, which will gain 465.66 millions of global annual sales by 2026. The top opportunities in the blood gas and electrolyte analyzers market segmented by modality will arise in the portable segment, which will gain $463.52 millions of global annual sales by 2026. The top opportunities in the blood gas and electrolyte analyzers market segmented by end-use will arise in the hospitals segment, which will gain $344.84 millions of global annual sales by 2026. The blood gas and electrolyte analyzers market size will gain the most in USA at $328.60 million.

Blood Gas And Electrolyte Analyzers Market Segmentation:
The Blood Gas And Electrolyte Analyzers market is segmented

By Product -
The blood gas and electrolyte analyzer market is segmented by product into
a) Blood Gas Analyzers
b) Electrolyte Analyzers
c) Combined Analyzers
d) Consumables

By End User -
The blood gas and electrolyte analyzer market is segmented by end user into
a) Central Laboratories
b) Point Of Care
c) Diagnostic Centres
d) Hospitals
e) Other End Users

By Modality -
The blood gas and electrolyte analyzer market is segmented by modality into
a) Portable
b) Laboratory
c) Benchtop

Major players in the Blood Gas And Electrolyte Analyzers market include F. Hoffmann-La Roche Ltd, Danaher Corporation, Siemens Healthineers AG, Werfen, Abbott Laboratories

The regions covered in the global Blood Gas And Electrolyte Analyzers market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The latest report from The Business Research Company, 'Global Blood Gas And Electrolyte Analyzers Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.

Blood Gas And Electrolyte Analyzers Market Report Table Of Content
1.Executive Summary
2.Table of Contents
3.List of Figures
4.List of Tables
5.Report Structure
.............................................................
19. Company Profiles
20. Key Mergers And Acquisitions
21. Global Blood Gas And Electrolyte Analyzers Market Opportunities And Strategies
22.Blood Gas And Electrolyte Analyzers Market, Conclusions And Recommendations
23.Appendix

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