Home > Healthcare > Medical Devices > Diagnostic Devices > Blood Gas and Electrolyte Analyzers Market

Blood Gas and Electrolyte Analyzers Market Share

Report ID: GMI428
Published Date: Jan 2022
Report Format: PDF

Download Free Sample

Blood Gas and Electrolyte Analyzers Market Share

Some of the key companies operating in the market include

Abbott
Convergent Technologies GmbH & Co. KG
Sensa Core
Edan Instruments, Inc.
Erba Mannheim
F. Hoffmann-La Roche Ltd.
Instrumentation Laboratory (Werfen)
Medica Corporation
OPTI Medical
Radiometer
Siemens AG
Nova Biomedical
Tecom Analytical system

These industry participants are implementing various growth strategies with continued innovations and technology improvements to sustain market competition.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The market size of blood gas and electrolyte analyzers crossed a valuation of over USD 1.5 billion in 2021 and will strike a CAGR of more than 5.1% up to 2028 owing to the expanding patient population in critical care units.

Blood gas as well as electrolyte analyzers are used for measuring different parameters from whole blood samples, including electrolytes, metabolites, pH, and blood gas, such as SpCO2 and SpO2.

Demand for portable analyzers held over 64% of the market share in 2021 and will rise with the increasing adoption of portable devices along with the growing need for handy, cost-effective, and easy to use devices.

Hospitals accounted for more than 12% of revenue share in 2021 and will witness expansion with the escalating number of treatment procedures and the burgeoning healthcare expenditure to provide improved patient care.

North America held close to 37% of industry share in 2021 and will expand with the strong presence of major market players and well-developed healthcare facilities in Canada and the U.S.