Global Blood Gas and Electrolyte Analyzer Market Is Expected To Reach USD 827 Million By 2025

03-May-2019 | Zion Market Research

Zion Market Research has published a new report titled “Blood Gas and Electrolyte Analyzer Market By Product Type (Blood Gas Analyzers, Electrolyte Analyzers, and Combined Analyzers), By Modality (Portable, Benchtop, and Laboratory), and By End-User (Hospitals & Clinics, Ambulatory Surgical Centers, and Laboratory & Institute): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global blood gas and electrolyte analyzer market was USD 591 million in 2018 and is expected to reach USD 827 million by 2025, at a CAGR of 4.9% between 2019 and 2025.

A blood gas test measures blood gas tension values, which act as indicators of oxygenation, ventilation, and respiration. It is basically used to measure respiratory oxygenation prominence and acid-base balance of patients. Blood gas analyzers are generally used in serious conditions like diabetes, blood drug overdose, vessel hemorrhage, and shock for testing numerous factors. The rise in chronic disease prevalence and increase in aging population, growth in the demand for POC (point-of-care) analyzers, and decrease in the cost of critical care are expected to drive the global market of blood gas and electrolyte analyzer market in the future.

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Browse the full “Blood Gas and Electrolyte Analyzer Market By Product Type (Blood Gas Analyzers, Electrolyte Analyzers, and Combined Analyzers), By Modality (Portable, Benchtop, and Laboratory), and By End-User (Hospitals & Clinics, Ambulatory Surgical Centers, and Laboratory & Institute): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/blood-gas-analyzer-market

Global Blood Gas and Electrolyte Analyzer Market

The blood gas analyzer or blood gas and electrolyte analyzer market is divided into product type, modality, and end-user. On the basis of product type, the blood gas analyzer or blood gas and electrolyte analyzer market is categorized into blood gas analyzers, electrolyte analyzers, combined analyzers. Combined analyzers held the largest market share in 2018, owing to its flexibility for measuring multiple parameters like blood gases, metabolites, and electrolytes. By modality, the blood gas and electrolyte analyzer market includes portable, benchtop, and laboratory. The portable segment held the largest market share in 2018, owing to the accurate results along with the ease of use of blood gas tests for bed-ridden patients. By end-user, the blood gas and electrolyte analyzer market include hospitals and clinics, laboratory and institute, and ambulatory surgical centers. Hospitals and clinics held the largest market share in 2018, owing to the rising number of patients treated in (Neonatal Intensive Care Unit) NICUs, emergency departments, and ICUs, where more blood gas analyzers are used to treat patients in critical conditions.

By region, North America is anticipated to account for the dominant market share of the global blood gas and electrolyte analyzer market, due to the increasing number of product approvals, rising occurrences of lifestyle-related diseases, and a growing number of government initiatives. Asia Pacific is expected to show the fastest growth rate in the global blood gas and electrolyte analyzer market in the years ahead, owing to the increase in the investments from government agencies to offer better healthcare facilities to the large patient population, rise in healthcare expenditure, surge in the incidences of chronic diseases, and growth in the income and expenditure levels of the regional population for better health.

Some major manufacturers of the global blood gas and electrolyte analyzer market are Abbott Laboratories, Instrumentation Laboratory, Roche Diagnostics Limited, Siemens Healthcare, Alere, Radiometer Medical, Nova Biomedical, ERBA Diagnostics Mannheim, OPTI Medical Systems, and Medica Corporation.

This report segments the global blood gas and electrolyte analyzer market into:

Blood Gas and Electrolyte Analyzer Market: Product Type Analysis

  • Blood Gas Analyzers
  • Electrolyte Analyzers
  • Combined Analyzers

Blood Gas and Electrolyte Analyzer Market: Modality Analysis

  • Portable
  • Benchtop
  • Laboratory

Blood Gas and Electrolyte Analyzer Market: End-User Analysis

  • Hospitals and Clinics
  • Ambulatory Surgical Centers
  • Laboratory and Institute

Blood Gas and Electrolyte Analyzer Market: Regional Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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