The global blood gas and electrolyte analyzers market size is expected to grow from $2.84 billion in 2021 to $2.98 billion in 2022 at a compound annual growth rate (CAGR) of 5.0%. The global blood gas and electrolyte analyzer market size is expected to grow to $3.75 billion in 2026 at a CAGR of 5.9%.
What is the Global Blood Gas And Electrolyte Analyzers Market?
The blood gas and electrolyte analyzers market consists of sales of the blood gas and electrolyte analyzers products by entities (organizations, sole traders, and partnerships) that are used to measure combinations of pH, blood gas, electrolytes, and metabolites parameters from whole blood samples. Electrolytes are measured in the clinical laboratories in both serum and whole blood samples received for arterial blood gas (ABG) analysis.
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What drives the Global Blood Gas And Electrolyte Analyzers Market?
The increase in the number of patients led to more blood sample testing, contributing to the growth of the blood gas and electrolyte analyzers market. Blood tests are used for a variety of purposes, including determining cholesterol and blood glucose levels. These can help keep track of the risk of heart disease, vascular disease, and diabetes, as well as how well the problem is treated. For instance, in 2021, of the 118.5 million blood donations received worldwide, 40% are collected in high-income countries, which account for 16% of the global population. Children under the age of five years old receive up to 54% of blood transfusions in low-income nations, but in high-income countries, the most frequently transfused patient group is over 60 years old, accounting for up to 75% of all transfusions. Thus, the increase in the number of patients led to more blood sample testing is contributing to the growth of the blood gas and electrolyte analyzers market.
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Global Blood Gas And Electrolyte Analyzers Market Segments
The global blood gas and electrolyte analyzers market is segmented:
By Product: Blood Gas Analyzers, Electrolyte Analyzers, Combined Analyzers, Consumables
By Modality: Portable, Laboratory, Benchtop
By End-Use: Central Laboratories, Point-of-Care, Diagnostic Centers, Hospitals, Others
By Geography: The regions covered in the blood gas and electrolyte analyzers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Blood Gas And Electrolyte Analyzers Global Market Report 2022provides market size and growth forecasts for the global blood gas and electrolyte analyzers market, global blood gas and electrolyte analyzers market share, blood gas and electrolyte analyzers market segments and geographies, blood gas and electrolyte analyzers market competitive landscape including leading competitors’ revenues, profiles and market shares. The blood gas and electrolyte analyzers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Blood Gas And Electrolyte Analyzers Industry Playersinclude OPTI Medical Systems Inc., EDAN Instruments Inc., The Samsung Group, Radiometer Medical ApS, Novastat, Erba Mannheim, Roche Holding AG, Medica Corp, Siemens AG, Abbott Laboratories, Roche Diagnostics, Instrumentation Laboratory, Alere Inc., Dalko Diagnostics, Erba. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
