Global Blood Gas and Electrolyte Analyzer Market to Surge at 9.66% 2015-2023
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<strong>Global</strong> <strong>Blood</strong> <strong>Gas</strong> <strong>and</strong> <strong>Electrolyte</strong> <strong>Analyzer</strong> <strong>Market</strong><br />
<strong>to</strong> <strong>Surge</strong> <strong>at</strong> <strong>9.66%</strong> <strong>2015</strong>-<strong>2023</strong> as Innov<strong>at</strong>ion Takes<br />
Lead<br />
The main purpose of blood gas analyzers is <strong>to</strong> measure the partial pressure of oxygen <strong>and</strong> carbon<br />
dioxide in a p<strong>at</strong>ient’s body. This is done by drawing out a small amount of blood from the radial<br />
artery close <strong>to</strong> the wrist. On the other h<strong>and</strong>, electrolyte analyzers measure the concentr<strong>at</strong>ion of<br />
elements in such as potassium, calcium, <strong>and</strong> sodium among others. When these instruments are<br />
used in combin<strong>at</strong>ion with a few other diagnostic <strong>to</strong>ols, they help in the accur<strong>at</strong>e diagnosis of<br />
dangerous conditions such as severe infections, uncontrolled diabetes, heart failure, kidney<br />
failure, chronic obstructive pulmonary disease (COPD), <strong>and</strong> drug overdose.<br />
The global blood gas <strong>and</strong> electrolyte analyzer market is segmented on the basis of type of device<br />
<strong>and</strong> geography. The types of devices available in this market are electrolyte analyzer, blood gas<br />
analyzer, combin<strong>at</strong>ion analyzer, <strong>and</strong> consumables such as electrolytes <strong>and</strong> electrodes <strong>and</strong><br />
cartridges. Geographically, this market is segmented in<strong>to</strong> North America, Asia Pacific, Europe,<br />
<strong>and</strong> Rest of the World.<br />
Players are trying <strong>to</strong> integr<strong>at</strong>e wireless connectivity fe<strong>at</strong>ures in new-age blood gas <strong>and</strong> electrolyte<br />
analyzers with hospital management software <strong>to</strong> minimize the risk of human error <strong>and</strong> <strong>to</strong> save<br />
time. Analysts st<strong>at</strong>e th<strong>at</strong> the increasing investment in the discovery of novel biomarkers will fuel<br />
the sales of blood gas analyzers by opening up new opportunities for their applic<strong>at</strong>ions.<br />
Furthermore, the global blood gas <strong>and</strong> electrolyte market will also thrive on the fact th<strong>at</strong> these<br />
devices enable laypersons <strong>to</strong> perform diagnosis in the quickest way possible.<br />
The real growth of this market is perched on the fulcrum of innov<strong>at</strong>ion. For instance, the U.S.<br />
FDA approved i-STAT Total β-HCG test designed by Abbott Point of Care, Inc. th<strong>at</strong> determines<br />
the presence of the human chorionic gonadotropin (hCG) hormone signifying pregnancy within<br />
few minutes. An improved version of the ABL90 FLEX PLUS blood gas analyzer was launched<br />
by Radiometer; it tests exceptionally small amount of blood samples. Constant improvements<br />
<strong>and</strong> advancements <strong>to</strong> these diagnostics techniques <strong>and</strong> products are likely <strong>to</strong> change the game for<br />
this market in the coming years.
Some of the key players in the global blood gas <strong>and</strong> electrolyte analyzer market are Roche<br />
Diagnostics, Abbott Point of Care Inc., Erba Mannheim, Alere, Inc., Instrument<strong>at</strong>ion Labora<strong>to</strong>ry,<br />
Nova Biomedical, Radiometer Medical ApS, Siemens Healthcare, <strong>and</strong> Medica Corpor<strong>at</strong>ion. The<br />
research provides a competitive profiling of these players <strong>to</strong> explain the vendor l<strong>and</strong>scape.<br />
Additionally, the report also includes an assessment of the research <strong>and</strong> development str<strong>at</strong>egies,<br />
financial overview, investment outlook, <strong>and</strong> expansion plans of these companies.<br />
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