PUBLISHER: QYResearch | PRODUCT CODE: 1052449
PUBLISHER: QYResearch | PRODUCT CODE: 1052449
Blood gas and electrolyte analyzers are used to measure different parameters from whole blood samples, such as pH, blood gas (pCO2 and pO2), electrolytes, and metabolites. The pH value of blood and serum or plasma is an indicator of the balance between the blood, renal (kidney), and lung (respiratory) systems, while the pCO2 value of arterial blood is used to assess efficient elimination of carbon dioxide from the body, a by-product of metabolism; and the pO2 value of arterial blood is a measure of oxygen absorbance by the body in the lungs. Electrolytes and metabolites give further information about body metabolism.
Market Analysis and Insights: Global Blood Gas and Electrolyte Analyzers Market
Due to the COVID-19 pandemic, the global Blood Gas and Electrolyte Analyzers market size is estimated to be worth US$ 3269.9 million in 2022 and is forecast to a readjusted size of US$ 4019.5 million by 2028 with a CAGR of 3.5% during the review period. Fully considering the economic change by this health crisis, i-Stat (Abbott Laboratories) accounting for % of the Blood Gas and Electrolyte Analyzers global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Hospitals segment is altered to an % CAGR throughout this forecast period.
Growth in number of patients being treated in ICUs, NICUs, and emergency departmen ts; rise in patients suffering from chronic diseases; technological advancement in blood gas & electrolyte analyzers, and increase in number of product approvals are the major factors that drive the market growth. However, complexity involved in the interpretation of blood analysis data act as a restraining factor for the market growth. Increase in investment by major medical diagnostics giants and improvement in the healthcare facilities in Asia-Pacific provide growth opportunities for the market.
Global Blood Gas and Electrolyte Analyzers Scope and Segment
Blood Gas and Electrolyte Analyzers market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Blood Gas and Electrolyte Analyzers market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Segment by Application
By Company
By Region