Blood Gas Analyzer Market: Industry Players to Show High Growth Rate by 2024

A blood gas test is form of blood test where the blood gas tension values are measured which acts as indicators of respiration, ventilation and oxygenation.

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Sarasota, FL -- (SBWire) -- 07/21/2017 --Global Blood Gas Analyzer/Blood Gas and Electrolyte Analyzer Market: Overview

A blood gas test is the form of blood test where the blood gas tension values are measured which acts as indicators of respiration, ventilation, and oxygenation. Blood gas analysis is performed in order to measure the acid-base balance and the respiratory oxygenation prominence of the patient. There are different tests to analyze the blood gas which depends on the source of the blood such as arterial blood gasses which comes from the arteries. The analyzers are used to measure the blood gas, electrolytes, pH and some metabolites in the specimens of blood.

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Global Blood Gas Analyzer/Blood Gas and Electrolyte Analyzer Market: Segmentation

The blood gas analyzer market is globally segmented into its product and regions. On the basis of the product, the blood gas analyzer market is categorized into cobas b221, cobas b121, cobas b123, epoc, ABL90, ABL80, ABL800, GEM 4000, GEM 3000, GEM 3500, I-STAT, RAPID series and others. Based on the regions the blood gas analyzer market is diversified into Europe, Asia Pacific, North America and Rest of the World.

Global Blood Gas Analyzer/Blood Gas and Electrolyte Analyzer Market: Growth Factors

The reason for the market growth is mainly attributed to the increasing demand of automatic and point-of-care blood gas analyzer devices. The benefits of using these analyzers are they are easy to use, they offer small turnaround times and are portable hence making them valued tools that help in managing ventilation and oxygenation of the patients in the ICUs and other emergency departments. There are also other factors that contribute towards the market growth such as the rise in the number of aged population, the increasing demand for the technology integrated combined systems, high utilization of the advanced technologies such as data analysis software and biosensors and the reduction of the POC blood gas analyzers. The challenges that are involved in the market growth include the inappropriate reimbursement policies worldwide and the complications involved in interpreting the data.

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Global Blood Gas Analyzer/Blood Gas and Electrolyte Analyzer Market: Regional Analysis

The region that dominates the blood gas analyzer/blood gas electrolyte analyzer market is North America followed by Europe, Asia-Pacific region. The rising number of the approvals of the product, increasing occurrences of cases of the lifestyle diseases and the initiatives taken by the government are some of the prime factors that are driving the market growth in the North American region. The Asia-Pacific region market is anticipated to grow fast in the coming years. The countries such as India, Japan, and China are the prime regions that are contributing to the Asia Pacific blood analyzers market. The factors that are contributing to this growth are the increasing base of population, the initiatives taken by the market players and the increasing number of joint ventures and partnerships are driving the Asia Pacific market.

Global Blood Gas Analyzer/Blood Gas and Electrolyte Analyzer Market: Competitive Players

The major market players in the blood gas analyzer/blood gas and electrolyte analyzer market includeAbbott Laboratories, Instrumentation Laboratory, Roche Diagnostics, Siemens Healthcare, Alere, Inc., and Radiometer.

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Global Blood Gas Analyzer/Blood Gas and Electrolyte Analyzer Market: Regional Segment Analysis

North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa

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