Nov 06, 2019- Million
Insights Market Research has published a new report titled ‘Blood Gas And Electrolyte Analyzers Market – Global Industry Analysis, Size, Share,
Growth, and Forecast, 2018–2026.’ Blood Gas And Electrolyte Analyzers
market report helps analyze trends and significant developments in the
industry.
The global Blood Gas and Electrolyte Analyzers Market is
estimated to reach USD 653.5 million by 2022. An increase in demand for blood
gas testing, growing incidence among the patients in emergency departments and
critical care, increasing healthcare expenditure, increase in the change of
focus towards point-of-care testing and introduction of new expertise are some
of the most affecting drivers of this market.
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Portable analyzers and benchtop are key product
categorization of the electrolyte and blood gas segment. Benchtop analyzers
with a display (LCD) are larger, with a keypad to enter information and also
contains a slot for placing in a sample tube or test strip, while portable
analyzers are movable thus facilitating bedside examination. In 2016, the
portable analyzers market held the major share at over 62%. Portable analyzers
have many advantages which includes automation of tasks, portability and
ease-of-use, decreased manual errors, self-assessing ability and low
maintenance which are estimated to act as key drivers contributing to increase
in the growth of the market share.
Application Insights
In 2016, combined analyzers conquered the overall market due
to the occurrence of broad product portfolio with large test volumes. The
combined analyzer market is anticipated to witness an increase in growth as a
result of increasing need for analyzers which need less maintenance, further
facilitating the test results for electrolyte and blood count from samples such
as whole dialysate, urine, blood, serum, and plasma.
End-use Insights
The market is divided on the basis of end-use into central
laboratories and point-of-care. The point-of-care division is identified to be
the best growing segment in the coming years. The key contributing factor is
the continuous technological improvements, thus attracting end-users to move
focus towards point-of-care analysers.
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Key local players of this market include, Abbott, Siemens,
Bayer, Roche, OPTI medical systems Inc., Samsung Medison, Medica, Nova Stat,
Erba, Radiometer Medical, Alere Medical, Edan Instruments, Afford Medical,
Dalko Diagnostics, Convergent Technologies and Accurex Biomedical Pvt. Ltd.
Introducing strategic collaborations, entering into
acquisitions & mergers and increasing product portfolio are some key
sustainability strategies implemented by these market players. For example, in
September 2012, Maxmat S.A was acquired by Erba Mannheim, which is a French
company in service of manufacturing medical laboratory devices. This helped the
parent company, minimize product development period and provide the alteration
in the requirements of the consumers.
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