Blood Gas Analyzer Market worth 636 Million USD by 2021

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MarketsandMarkets Presents
Blood Gas Analyzer Market worth 636 Million USD
by 2021
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ood-gas-analyzer-market-242278963.html
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The report "Blood Gas Analyzer/Blood Gas and
Electrolyte Analyzer Market by Product/Brand (GEM
4000, GEM 3000, i-STAT, ABL900, ABL90, cobas b
221, RAPIDLab), Player/Company (Radiometer,
Instrumentation Laboratory, Siemens, Abbott,
Alere) - Global Forecasts to 2021", The global
market for blood gas analyzers is expected to
reach USD 636.0 Million by 2021, at a CAGR of
4.6 during the forecast period of 2016 to
2021. Browse 38 market data tables with 14
figures spread through 139 pages and in-depth TOC
on "Blood Gas Analyzer/Blood Gas and Electrolyte
Analyzer Market by Product/Brand (GEM 4000, GEM
3000, i-STAT, ABL900, ABL90, cobas b 221,
RAPIDLab), Player/Company (Radiometer,
Instrumentation Laboratory, Siemens, Abbott,
Alere) - Global Forecasts to 2021"
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• The growth in blood gas analyzer market is
  majorly attributed to the rising demand for
  automated and point-of-care blood gas analyzer
  devices. These analyzers offer rapid analysis and
  are easy to use, portable, and offer short
  turnaround times, which make them valuable tools
  for managing oxygenation and ventilation of
  patients in ICUs and emergency departments.

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• The other factors driving the growth of blood
  gas analyzer market include rising geriatric
  population and the subsequent increase in the
  prevalence of chronic diseases, increasing
  adoption of technologically advanced biosensors
  and data analysis software, growing demand for
  technology integrated combined systems, and
  miniaturization of POC blood gas analyzers.

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ood-gas-analyzer-market-242278963.html
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• The blood gas analyzer market is segmented on
  the basis of major product brands (i-STAT, epoc,
  GEM 3000, GEM 3500, GEM 4000, ABL800, ABL80,
  ABL90, cobas b 221, cobas b 121, cobas b 123,
  RAPID Series) in four major regional segments,
  namely, North America, Europe, APAC, and Rest of
  the World. This report analyzes the market from
  both value and volume perspectives. GEM 3000 is
  expected to account for the largest share of the
  global blood gas analyzers market in 2016.

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• This is mainly because GEM 3000 delivers
  real-time system diagnostics, requires low
  labor-intensive system calibration, and
  eliminates lengthy equipment training and
  possible human errors. On the other hand, epoc
  (Alere) is expected to be the fastest-growing
  brand in the coming years.

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• North America is expected to account for the
  largest market share in 2016, which is primarily
  attributed to the growing prevalence of lifestyle
  diseases, increasing number of product approvals,
  and rising government initiatives in this region.
  However, the APAC Blood Gas Analyzers market is
  projected to witness a higher growth during the
  forecast period due to the growing initiatives by
  market players, increasing patient population
  base, and rising number of partnerships and joint
  ventures.

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• Leading players in blood gas analyzer market are
  focusing on the launch of new and improved
  products as their key growth strategy. The major
  players in the global blood gas analyzers market
  are Abbott Laboratories (U.S.), Alere, Inc.
  (U.S.), Instrumentation Laboratory (U.S.),
  Radiometer (Denmark), Roche Diagnostics
  (Switzerland), and Siemens Healthcare (Germany).
  Radiometer is expected to command the largest
  share in this market with the launch of its
  flagship products ABL800 and ABL90.

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