A blood gas analyzer is used to measure the partial pressure of oxygen in a patient's body and an electrolyte analyzer is used to measure the concentration of elements such as potassium, calcium, and sodium. These devices are used significantly over the years and are now extensively used in ICUs, various medical services, and in the diagnosis of various diseases. The demand for blood gas and electrolyte analyzers expanded due to advancements in testing facilities in the medical industry and improvement in medical research to find new technologies and testing lines. Many contagious and non-contagious diseases are detected by examining blood samples. Hence the global blood gas and electrolyte analyzers market would grow in the years to follow.
There is special importance of using blood samples for analyzing blood electrolytes and gases. Increasing infectious diseases have created multiple ways for growth within the global blood gas electrolyte analyzers market. The medical industry forced for improved testing for medical diagnostics. Therefore diagnostic facilities included and adopted new technologies.
The covid-19 pandemic has created several paths for generating revenue with the global blood gas and electrolyte analyzers market. Several governments have invested in developing new technologies which can be used to improve blood testing and diagnosis. Furthermore, all regional governments taking efforts to challenge the spread of the coronavirus have open new opportunities for market growth.
Increasing healthcare expenditure for the treatment of chronic diseases such as diabetes and cancer is anticipated to drive market growth over the forecast period. The rising number of patients in emergency and critical condition needs for blood gas and electrolyte analysis further drive the demand for blood gas and electrolyte analyzers market. The rise in the number of cancer cases will accelerate the growth of the blood gas and electrolyte analyzers market. The existence of an unceasing industry for medical testing and diagnosis has become a gamechanger for the vendors operating in the global blood gas and electrolyte analyzers market.
On the other hand, requirement for blood gas analyzers to attain greater accuracy and need of regular maintenance are some factors may hamper the growth of the market for blood gas and electrolyte analyzers.
Blood Gas and Electrolyte Analyzers Market Segment Overview
The conventional tabletop analyzers are now being replaced by enhanced portable and combination analyzers. The Combined Analyzers segment has a larger revenue share in the market and will be expected to do the same in the future. due to the high demand for user-friendly and convenient combination analyzers.
Portable analyzers show remarkable growth in the market. The market share of the portable analyzers segment is anticipated to increase over the forecast period due to its ability to provide instant test results.
The global progress rate of blood gas and electrolyte analyzers is high. The sales of blood gas and electrolyte analyzers at a higher rate thus it allows to players to invest more in the development of new technologies.
Blood Gas and Electrolyte Analyzers Regional Overview
North American region dominated the market for blood gas and electrolyte analyzer in terms of revenue. The U.S. is the main promoter for the use of combination analyzers over the recent past. North American hospitals and healthcare organizations are interested in point-of-care devices and the integration of wireless connectivity. High adoption of electronic health records will benefit from the execution of blood gas and electrolyte analyzers that can communicate faster. Additionally, Asia Pacific has expected to show notable growth for blood gas and electrolyte analyzer devices soon, due to good awareness of modern analyzers, increasing development for healthcare infrastructure, and rising expenditure on the healthcare industry.
Blood Gas and Electrolyte Analyzers Market, Key Players
· Abbott Point of Care Inc.
· Erba Mannheim
· Alere, Inc.
· Nova Biomedical
· Siemens Healthcare GmbH
· Radiometer India (division of DHR Holding (India) Pvt Ltd.)
· Instrumentation Laboratories, Inc.
· F. Hoffmann-La Roche Ltd.
· Cerner Corporation
· Roche Diagnostics Limited
· OPTI Medical Systems
· Medica Corporation
Blood Gas and Electrolyte Analyzers Market Segmentation
Blood Gas and Electrolyte Analyzers Market, By Product Type
· Blood Gas Analyzers
· Electrolyte Analyzers
· Combined Analyzers
Blood Gas and Electrolyte Analyzers Market, By Modality
· Portable
· Bench-top
· Laboratory
Blood Gas and Electrolyte Analyzers Market, By End User
· Hospitals
· Clinics
· Diagnostic Centers
· Ambulatory Surgical Centers
Blood Gas And Electrolyte Analyzer market, By Region:
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Blood Gas and Electrolyte Analyzers Market Analysis (USD Billion), Insights and Forecast, 2016-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product Type
- 5.2.1. Blood Gas Analyzers
- 5.2.2. Electrolyte Analyzers
- 5.2.3. Combined Analyzers
- 5.3. Market Analysis, Insights and Forecast – By Modality
- 5.3.1. Portable
- 5.3.2. Bench-top
- 5.3.3. Laboratory
- 5.4. Market Analysis, Insights and Forecast – By End User
- 5.4.1. Hospitals
- 5.4.2. Clinics
- 5.4.3. Diagnostic Centers
- 5.4.4. Ambulatory Surgical Centers
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Latin America
- 5.5.3. Europe
- 5.5.4. Asia Pacific
- 5.5.5. Middle East and Africa
6. North America Blood Gas and Electrolyte Analyzers Market Analysis (USD Billion), Insights and Forecast, 2016-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product Type
- 6.2.1. Blood Gas Analyzers
- 6.2.2. Electrolyte Analyzers
- 6.2.3. Combined Analyzers
- 6.3. Market Analysis, Insights and Forecast – By Modality
- 6.3.1. Portable
- 6.3.2. Bench-top
- 6.3.3. Laboratory
- 6.4. Market Analysis, Insights and Forecast – By End User
- 6.4.1. Hospitals
- 6.4.2. Clinics
- 6.4.3. Diagnostic Centers
- 6.4.4. Ambulatory Surgical Centers
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Latin America Blood Gas and Electrolyte Analyzers Market Analysis (USD Billion), Insights and Forecast, 2016-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product Type
- 7.2.1. Blood Gas Analyzers
- 7.2.2. Electrolyte Analyzers
- 7.2.3. Combined Analyzers
- 7.3. Market Analysis, Insights and Forecast – By Modality
- 7.3.1. Portable
- 7.3.2. Bench-top
- 7.3.3. Laboratory
- 7.4. Market Analysis, Insights and Forecast – By End User
- 7.4.1. Hospitals
- 7.4.2. Clinics
- 7.4.3. Diagnostic Centers
- 7.4.4. Ambulatory Surgical Centers
- 7.5. Insights and Forecast – By Country
- 7.5.1. Brazil
- 7.5.2. Mexico
- 7.5.3. Rest of Latin America
8. Europe Blood Gas and Electrolyte Analyzers Market Analysis (USD Billion), Insights and Forecast, 2016-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product Type
- 8.2.1. Blood Gas Analyzers
- 8.2.2. Electrolyte Analyzers
- 8.2.3. Combined Analyzers
- 8.3. Market Analysis, Insights and Forecast – By Modality
- 8.3.1. Portable
- 8.3.2. Bench-top
- 8.3.3. Laboratory
- 8.4. Market Analysis, Insights and Forecast – By End User
- 8.4.1. Hospitals
- 8.4.2. Clinics
- 8.4.3. Diagnostic Centers
- 8.4.4. Ambulatory Surgical Centers
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. UK
- 8.5.2. Germany
- 8.5.3. France
- 8.5.4. Italy
- 8.5.5. Spain
- 8.5.6. Russia
- 8.5.7. Rest of Europe
9. Asia Pacific Blood Gas and Electrolyte Analyzers Market Analysis (USD Billion), Insights and Forecast, 2016-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product Type
- 9.2.1. Blood Gas Analyzers
- 9.2.2. Electrolyte Analyzers
- 9.2.3. Combined Analyzers
- 9.3. Market Analysis, Insights and Forecast – By Modality
- 9.3.1. Portable
- 9.3.2. Bench-top
- 9.3.3. Laboratory
- 9.4. Market Analysis, Insights and Forecast – By End User
- 9.4.1. Hospitals
- 9.4.2. Clinics
- 9.4.3. Diagnostic Centers
- 9.4.4. Ambulatory Surgical Centers
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. China
- 9.5.2. India
- 9.5.3. Japan
- 9.5.4. Australia
- 9.5.5. South East Asia
- 9.5.6. Rest of Asia Pacific
10. Middle East & Africa Blood Gas and Electrolyte Analyzers Market Analysis (USD Billion), Insights and Forecast, 2016-2027
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Product Type
- 10.2.1. Blood Gas Analyzers
- 10.2.2. Electrolyte Analyzers
- 10.2.3. Combined Analyzers
- 10.3. Market Analysis, Insights and Forecast – By Modality
- 10.3.1. Portable
- 10.3.2. Bench-top
- 10.3.3. Laboratory
- 10.4. Market Analysis, Insights and Forecast – By End User
- 10.4.1. Hospitals
- 10.4.2. Clinics
- 10.4.3. Diagnostic Centers
- 10.4.4. Ambulatory Surgical Centers
- 10.5. Market Analysis, Insights and Forecast – By Country
- 10.5.1. GCC
- 10.5.2. South Africa
- 10.5.3. Rest of Middle East & Africa
11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2018
- 11.2. Key Industry Developments
- 11.3. Company Profile
- 11.4. Abbott Point of Care Inc.
- 11.4.1. Business Overview
- 11.4.2. Segment 1 & Service Offering
- 11.4.3. Overall Revenue
- 11.4.4. Geographic Presence
- 11.4.5. Recent Development
- 11.5. Erba Mannheim
- 11.6. Alere, Inc.
- 11.7. Nova Biomedical
- 11.8. Siemens Healthcare GmbH
- 11.9. Radiometer India (division of DHR Holding (India) Pvt Ltd.)
- 11.10. Instrumentation Laboratories, Inc.
- 11.11. F. Hoffmann-La Roche Ltd.
- 11.12. Cerner Corporation
- 11.13. Roche Diagnostics Limited
- 11.14. OPTI Medical Systems
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
