Blood Gas Monitoring Market Statistical Forecast, Trade Analysis 2024 -2031 - Siemens Healthineers AG, Bernafon & Beltone.

The Global Blood Gas Monitoring Market was valued at US$ 2.24 billion in 2023 and is projected to grow to US$ 3.12 billion by 2031, exhibiting a CAGR of 4.3% during the forecast period from 2024 to 2031.

Blood gas monitoring devices measure the blood's pH, carbon dioxide (CO2), and oxygen (O2) levels, providing critical information for diagnosing and treating conditions such as heart disease, metabolic disorders, and respiratory issues. These measurements are typically performed using point-of-care blood gas monitors and blood gas analyzers, which help healthcare professionals make timely and informed decisions in patient care.

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Market Dynamics:

Rising approvals of the blood gas monitors

The market growth for blood gas monitoring devices is propelled by the increasing prevalence of cardiovascular and respiratory diseases, along with the continuous launch and regulatory approvals of advanced devices. New, easily accessible devices play a significant role in expanding the market. For example, on August 30, 2023, LivaNova PLC received FDA 510(k) clearance and CE Mark approval for its Essenz In-Line Blood Monitor (ILBM), which allows perfusionists to continuously measure essential blood parameters during cardiopulmonary bypass procedures. Similarly, on April 21, 2021, LivaNova's B-Capta, an in-line blood gas monitoring system integrated into the S5 heart-lung machine, also received FDA clearance. These approvals enhance market growth by improving the availability of innovative devices for patient care.

Segment Covered in the Blood Gas Monitoring Market:

By Product: Pulse Oximeters, Point-of-care blood gas analyzers, Arterial blood gas sampling kits, Laboratory blood gas analyzers, Capnography, Others.

By Type: Portable Type, Desktop Type.

By End-User: Hospitals, Ambulatory Surgical Centers, Diagnostic Centers, Cardiac Catheterization Laboratory, Others.

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Major Key players involved in Blood Gas Monitoring Market:

• Siemens Healthineers AG
• Widex A/S
• Bernafon
• Sonova Holdings AG
• SeboTek Haring Systems
• GN ReSound Group
• William Demant Holding A/S
• Beltone
• Starkey Hearing Technologies
• Unitron
Regional Analysis:

The global Light Therapy Device Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

The global Light Therapy Device Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Light Therapy Device Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

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