Wednesday, November 6, 2019

Current and Future Scenario of the Blood Gas And Electrolyte Analyzers Market


Nov 06, 2019- Million Insights Market Research has published a new report titledBlood 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.

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.
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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