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Higher Efficacy of Blood Gas and Electrolyte Analyzers Driving their Adoption in ICUs and Emergency Care
The blood gas and electrolyte analyzers market analysis offered by Fact.MR provides in-depth analysis for the upcoming decade. The report provides a 360-degeree view of factors and trends prevailing in the market. In addition to this, the study analyzes latest trends across various segments such as product type, modality, and end user across regions.
NEW YORK , Aug. 29, 2022 /PRNewswire/ -- The global blood gas and electrolyte analyzers market is set to grow at 5.6% CAGR between 2022 to 2030, to reach US$ 6.5 billion by 2030. Increasing use of blood gas and electrolyte analyzers in intensive care units (ICUs) and emergency departments is anticipated to drive the demand during the assessment period.
Blood gas and electrolyte analyzers are extensively used for the patients with conditions such as diabetes, hemorrhage, drug overdose, and others. These analyzers detect the blood levels, oxygen concentration, and several parameters for early diagnosis. The growing adoption of electronic health records (EHR) and development of advanced blood gas analyzers with laboratory information systems in the healthcare industry will boost the market.
Macroeconomic factors such as higher investment in healthcare services by governments across the world is also contributing to the growth of the market. For instance, according to World Health Organization (WHO), global spending on healthcare has consistently grown across the world and reached 10% of total GDP.
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Integration of advanced technology in healthcare devices has been a boon to the patients as well as the industry. Availability of portable blood analyzers coupled with introduction of automated analyzers have increased the demand in the market.
Portable and fully automated blood and gas electrolyte analyzers require only anticoagulated blood sample and can measure multiple parameters. Hence, healthcare professionals are using these to improve the handling process and for accurate blood tests. On the back of this, blood and gas electrolyte analyzer demand is predicted to surge by 1.5x over the forecast period.
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Leading blood gas and electrolyte analyzers market players are launching innovative products to cater to evolving demand of healthcare industry. Further, manufacturers are also showcasing their products at conferences to forge an alliance with the like-minded companies.
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More Valuable Insights on Blood Gas and Electrolyte Analyzers Market
In the latest study, Fact.MR offers a detailed study on global blood gas and electrolyte analyzers market for the forecast period of 2022 to 2030. This study also highlights key drivers promoting the sales of blood gas electrolyte analyzers market with analysis across below segments:
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