Blood Gas And Electrolyte Analyzers Market Is Projected To Grow Due To Increasing Preference Shift Towards Point-Of-Care Testing Till 2025: Grand View Research, Inc.
Global Blood
Gas And Electrolyte Market is expected to reach USD 653.5 million
by 2022, according to a new study by Grand View Research Inc. Rising number of
patients in ICU and critical care units and increasing demand for high
throughput and integrated systems are some key factors likely to drive the
blood gas and electrolyte analyzers market. Growing global geriatric population
base is also expected to significantly contribute towards market growth over
the forecast period, by triggering the incidence rates of target diseases and
widening the base of patients requiring critical care.
Furthermore, the emergence of multi-parameter
monitoring devices owing to, expanding test menus and growing demand for
portable devices is expected to boost usage rates over the forecast period. The
availability of blood gas analyzers has helped enhance the care of critically
ill patients allowing for frequent diagnosis and monitoring of respiratory
problems and ability to guide prognosis and therapy. Rising demand for
technically advanced sleek handheld devices involving short turnaround time has
resulted in the development of more compact, sleek, handheld point-of-care
devices. For instance, the OPTI CCA-TS2 blood gas and electrolyte analyzers use
innovative optical technology and provide fast results while requiring minimal
maintenance.
Global blood gas and electrolyte analyzers market, by
product, 2012 - 2022 (USD Million)
Browse full research report on Blood
Gas And Electrolyte Analyzers Market
Further key findings from the report suggest:
- Portable
analyzers dominated the market with a share of over 60.0% in 2014 and are
also expected to witness lucrative growth over the forecast period.
Growing demand for automated, self-monitoring, portable devices, shorter
analysis time, and quick accurate results are key factors boosting the
growth of this segment.
- Combined
blood gas and electrolyte analyzers are expected to rapidly gain market
share over the forecast period. Rising need for analyzers, which can
analyze blood and electrolyte samples together are swiftly gaining
popularity among users.
- North America
accounted for more than 40% of the blood gas and electrolyte analyzers
market in 2014. Presence of sophisticated healthcare infrastructure along
with favorable reimbursement plans are some key factors expected to drive
regional market growth.
- Presence of
high unmet needs clubbed with rapidly improving healthcare infrastructure
in the emerging markets of India and China is expected to help Asia
Pacific grow at a lucrative rate throughout the forecast period. Growing
demand for decentralized point-of-care diagnostic facilities handling
large volumes of diagnostic tests is also expected to drive regional
market growth.
- Key players
of the blood gas and electrolyte analyzers market include Siemens, Medica,
Roche, Nova Stat, Bayer, Radiometer Medical, Convergent technologies,
Dalko Diagnostics, Afford Medical Technologies, and Accurex Biomedical
Pvt. Ltd.
For more information: http://www.grandviewresearch.com
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