Blood Gas and Electrolyte Analyzers Market Set To Hit $715 Million by 2024 - PowerPoint PPT Presentation

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Blood Gas and Electrolyte Analyzers Market Set To Hit $715 Million by 2024

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The global blood gas and electrolyte analyzers market is expected to grow at a CAGR of 4.7% during the forecast period (2016-2024). It is estimated to reach around USD 715 million by 2024. These analyzers are used to measure the acidity level in blood. – PowerPoint PPT presentation

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Title: Blood Gas and Electrolyte Analyzers Market Set To Hit $715 Million by 2024


1
Your Catalyst To a Lucrative Business Blood Gas
and Electrolyte Analyzers Market Share, Size,
Analysis, Growth, Strategies, Trends and
Forecasts to 2024 Hexa Research
" Blood Gas and Electrolyte Analyzers Market
worth 715 million by 2024. "
The worldwide global Blood Gas and Electrolyte
Analyzers Market size is anticipated to reach
nearly USD 715 million by 2024. Rise in diseases
such as cancer, obesity, diabetes, and
respiratory disorders can drive the market
during the forecast period (2016 to 2024). These
devices help in the diagnosis of diseases, such
as chronic obstructive pulmonary disease (COPD),
drug overdose, and asthma among others. Demand
for portable devices, introduction of newer
technologies, and rising healthcare expenditure
can impel the industry. Moreover,
multi-parameter monitoring devices could favor
industry growth. Increasing geriatric population
will also propel market growth. As per the World
Health Organization (WHO), the population
belonging to the age group of 65 years above
may rise to 16 by 2050 from 7 in 2000. This in
turn can increase the demand for point-of-care
diagnostic testing which can positively impact
the global market in the long run. Lack of
trained professionals is a major restraint in the
global industry. Additionally, unfavorable
reimbursement scenarios and complexities in the
interpretation of test results are the other
market challenges. Browse Details of Report
_at_ https//www.hexaresearch.com/research-report/blo
od-gas-electrolyte-analyzers-market
2
Your Catalyst To a Lucrative Business The blood
gas and electrolyte analyzers market is
fragmented into products, applications, end
-users, and geographies. On the basis of
applications, the industry is segmented into
electrolyte analyzers and combined analyzers .
Combined analyzers may continue dominating the
overall market in the forecast period. This
segment is projected to grow at a CAGR nearly
5.5. They provide results for both electrolyte
blood count in samples of blood, serum,
creatinine, and dialysate or plasma. Also, these
devices can analyze urine, nitrogen, and
electrolytes in a single test sample. Based on
products, the blood gas and electrolyte analyzers
market is bifurcated into portable analyzer s and
benchtop analyzers. The segment of portable
analyzers can continue leading the industry
during the forecast period. Surging demand for
automated, portable, low maintenance, and
self-monitoring devices may fuel demand till
2024. Portable devices are best suited for mobile
bedside monitoring. The various end users are
hospitals, Point-of-care (POC), clinical
laboratories, and diagnostic centers. POC
devices are widely popular in critical care
departments, cardiothoracic surgical departments,
and in emergency transport systems. These
devices entail automated sample handling, render
users variability, and help minimize errors.
Thus, they are estimated to be high on consumer
preference. As per geographies, the market is
divided into North America, Latin America,
Europe, Asia Pacific, and the Middle East
Africa (MEA). North America dominated the overall
industry in 2014. Increasing patients in ICUs,
hospitals, and in emergency wards can favorably
influence the market. It is anticipated that
Latin Ameri ca will expand at a 5.5 CAGR from
2016 to 2024. Asia Pacific can register a CAGR
more than 6.6 over the next eight years. The
region is driven by high disposable incomes in
countries, like India and China. Government
initiatives can also support the mar ket during
the forecast period. Rising cases of diabetes,
hypertension, and cancer are contributing to
greater healthcare awareness improvements in
healthcare infrastructure in Asia Pacific. This
could benefit the market significantly. Key
players operating in the global blood gas and
electrolyte analyzers market are Abbott
Laboratories, Erba Mannheim, Roche Diagnostics,
and Siemens Healthcare. Companies resort to
strategic business ventures and expansion of
product portfolio for better market penetration.
In September 2012, Germany based diagnostic
devices producer, Erba Mannheim acquired Maxmat
S.A., a French company that operated in the area
of medical laboratory devices. Browse Related
Category Market Reports _at_ https//www.hexaresearc
h.com/research-category/medical-devices-industry
3
  • Your Catalyst To a Lucrative Business
  • Table of Content of Blood Gas and Electrolyte
    Analyzers Market
  • Methodology Scope
  • Research Methodology
  • Initial Data Exploration
  • Statistical Modeling and Forecast
  • Industry Insights and Validation
  • Research Scope Assumptions
  • List of Data Sources
  • 2. Executive Summary
  • 2.1 Industry Summary of Blood Gas and Electrolyte
    Market
  • Industry Outlook
  • Blood Gas and Electrolyte Market Segmentation
  • Blood Gas and Electrolyte Market Size and Growth
    Prospects
  • Blood Gas and Electrolyte Market Dynamics

4
  • Your Catalyst To a Lucrative Business
  • Company Overview
  • Revenue Analysis
  • Product Benchmarking
  • Strategic Initiatives
  • Erba Mannheim
  • Company Overview
  • Revenue Analysis
  • Product Benchmarking
  • Strategic Initiatives
  • Roche Diagnostics
  • Company Overview
  • Revenue Analysis
  • Product Benchmarking
  • Strategic Initiatives
  • Siemens Healthcare
  • Company Overview
  • Revenue Analysis

5
Your Catalyst To a Lucrative Business About
Us Hexa Research is a market research and
consulting organization, offering industry
reports, custom research and consulting services
to a host of key industries across the globe. We
offer comprehensive business intelligence in the
form of industry reports which help our clients
obtain clarity about their business environment
and enable them to undertake strategic growth
initiatives. Contact Us Ryan Shaw Hexa
Research Felton Office Plaza 6265 Highway
9 Felton, California 95018 United States Phone
1-800-489-3075 Email sales_at_hexaresearch.com Webs
ite - http//www.hexaresearch.com/ Visit our
Blog https//hexaresearchinc.wordpress.com/
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