The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s blood gas and electrolyte analyzers market report forecasts the blood gas and electrolyte analyzers market size to grow to $4.13 Billion by 2027, with a CAGR (compound annual growth rate) of more than 6%.

Learn More On The Blood Gas and Electrolyte Analyzers Market Report 2023 – https://www.thebusinessresearchcompany.com/report/blood-gas-and-electrolyte-analyzers-global-market-report

Blood Gas and Electrolyte Analyzers Market Size Forecast
The global blood gas and electrolyte analyzers market is expected to grow from $3 billion in 2022 to $3.18 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The blood gas and electrolyte analyzers market size is expected to grow to $4.13 billion in 2027 at a CAGR of 6.8%.

North America held the largest blood gas and electrolyte analyzers market share and was the fastest-growing region in 2022.

Key Blood Gas and Electrolyte Analyzers Market Driver ­– Increase In The Number Of Patients Led To More Blood Sample Testing
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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Key Blood Gas and Electrolyte Analyzers Market Trend – Increasing Technological Advancement
Blood gas analysis is typically used in hospital point of care (POC) settings, where easily and accurate results are required. This involves emergency rooms, intensive care units, and operating rooms. For instance, in 2020, Swiss multinational healthcare company, Roche introduced the CE mark availability of Roche v-TAC, a new digital diagnostic solution that provides clinicians to achieve results for arterial blood gas values from patients with respiratory or metabolic abnormalities through the same, less invasive venous puncture by the utilized of a digital algorithm. The analysis allows clinicians with information about a patient’s pulmonary function and acid-base status, both of which are required to make a diagnosis, allow treatment, and monitor progress.

Blood Gas and Electrolyte Analyzers Market Segment
1) By Product: Blood Gas Analyzers, Electrolyte Analyzers, Combined Analyzers, Consumables
2) By Modality: Portable, Laboratory, Benchtop
3) By End-Use: Central Laboratories, Point-Of-Care, Diagnostic Centers, Hospitals, Other End-Users

Blood Gas and Electrolyte Analyzers Market Major Players and Strategies
Major players in the blood gas and electrolyte analyzers market are 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.

In May 2020, Roche Holding, the Switzerland-based research healthcare company engaged in the discovery, development, and commercialization of pharmaceuticals and diagnostics, acquired Obi Medical for an undisclosed amount. This acquisition will help Roche to improve Roche v-TAC, a digital diagnostic solution that provides medical institutions to achieve results for arterial blood gas values in the same manner. The Roche v-TAC has been improved by integrating Roche’s Cobas infinity point of care solutions & Obi’s v-TAC technology. Obi Medical is a Denmark-based company engaged in manufacturing v-Tac software for blood gas testing that manufacturers blood gas and electrolyte analyzers.

The Blood Gas and Electrolyte Analyzers Global Market Report 2023 covers regional data on blood gas and electrolyte analyzers market size, blood gas and electrolyte analyzers market trends and drivers, opportunities, strategies, and blood gas and electrolyte analyzers market competitor analysis. The countries covered in the blood gas and electrolyte analyzers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The blood gas and electrolyte analyzers 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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