Research Nester’s recent market research analysis on “Blood Gas Analyzer Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitors analysis and a detailed overview of the global blood gas analyzer market in terms of market segmentation by product type, modality, end-users and by region.
Rising Prevalence of Respiratory Diseases and Advancements in Blood Gas Analyzer Technology to Promote Global Market Share of Blood Gas Analyzer Market
The global blood gas analyzer market is estimated to grow majorly on account of the increased advancement in blood gas analyzer technology and the rising adoption of point-of-care testing. The market for blood gas analyzers has been positively influenced by the global transition to the miniaturization of medical devices. The blood gas analyzers are widely utilized to measure combinations of pH, electrolytes, blood gas that is pCO2 and pO2, and metabolites parameters from the whole blood samples. Furthermore, the rising healthcare expenditure for the treatment of chronic diseases such as diabetes and cancer is projected to drive the growth of the global blood gas analyzer market during the forecasted period. Moreover, almost 1.31 million cases of blood cancer were detected in the year 2020. Other than this, almost 1,629,470 in the United States are living with or in remission from lymphoma, leukemia, myelodysplastic, and myeloma. The blood gas analyzer is an imperative measurement in the critical care of patients. Moreover, the utilization of medical diagnosis to examine a patient's disease and the utilization of radial artery puncture to obtain a sample of arterial blood for gas analysis is contributing to the growth of the global blood gas analyzer market.
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Some of the major growth factors and challenges that are associated with the growth of the global blood gas analyzer market are:
Growth Drivers:
• The Rising Advancement in Blood Gas Analyzer Technology
• The Increasing Demand for Blood Gas and Electrolyte Analyzers
Challenges:
High cost of equipment and consumables, lack of data analysis & reimbursement issues are some of the major factors anticipated to hamper the global market size of global blood gas analyzer market.
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By modality, the global blood gas analyzer market is segmented into portable and bench top. The portable segment is projected to hold the maximum market share of almost 80% by the end of 2036. The portable gadgets have a higher adoption rate on the back of ease of usage and management. A Plethora of businesses are contributing to the creation and promotion of these medical appliances.
By region, the Europe blood gas analyzer market is to generate the highest revenue by the end of 2036. The region has a robust healthcare infrastructure which is anticipated to foster the global blood gas analyzer market.
This report also provides the existing competitive scenario of some of the key players of the global blood gas analyzer market which includes company profiling of Radiometer Medical ApS, Werfen, Nova Biomedical OPTI Medical Systems, Inc, Accurex Biomedical Pvt Ltd, Medica Corporation, ERBA Diagnostics Inc, F. Hoffmann-La Roche Ltd, Sysmex America Inc, Bio-Rad Laboratories, Siemens Healthcare GmbH, Horiba Ltd and others.
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https://www.researchnester.com/reports/blood-gas-analyzer-market/5645
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