Dublin, Sept. 28, 2023 (GLOBE NEWSWIRE) -- The "Blood Gas and Electrolyte Analyzers - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Blood Gas and Electrolyte Analyzers Market to Reach $1.2 Billion by 2030
The global Blood Gas and Electrolyte Analyzers market is projected to grow substantially, from an estimated value of US$814.7 Million in 2022 to a revised size of approximately US$1.2 Billion by 2030. This represents a Compound Annual Growth Rate (CAGR) of 5.2% over the forecast period of 2022-2030.
The market report provides a detailed analysis, covering annual sales trends for different types of analyzers such as Portable, Benchtop, and Combined Analyzers. The Portable segment alone is expected to grow at a CAGR of 5.8%, reaching an estimated US$823.6 Million by the end of 2030. Meanwhile, the Benchtop segment is forecasted to grow at a CAGR of 3.9% over the next eight years.
Geographically, the U.S. market for Blood Gas and Electrolyte Analyzers stands at an estimated US$234.9 Million in 2022. China, being the world's second-largest economy, is expected to see impressive growth with a projected market size of US$145.5 Million by 2030, at a CAGR of 6.7% from 2022 to 2030. Other significant markets include Japan and Canada, forecasted to grow at CAGRs of 4.3% and 4.4% respectively over the same period. In Europe, Germany is expected to grow at a CAGR of approximately 4.9%.
This comprehensive market analysis provides invaluable insights for stakeholders in the healthcare industry, enabling them to make well-informed decisions. Factors such as clinical applications, technological advancements, and geographic growth trends significantly influence the market dynamics, offering diverse opportunities for market players.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Life-Saving Interventions for COVID-19 Patients Drive Importance of Blood Gas & Electrolyte Analyzers
- Percentage of people with COVID-19 who were admitted to the ICU in the United States from January 22 to May 30, 2020, by age*
- Industry Witnesses Inflow of Sophisticated Solutions
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2021 (E)
- Blood Gas and Electrolyte Analyzers: An Introduction
- Types of Analyzers
- Fundamentals of Blood Gases and Blood Gas Testing
- Blood Gas Parameters and their Significance
- Outlook
- Point-of-Care Analyzers Gain Significance
- Hurdles to Overcome
- Competition
- Market Share of Leading Players in Global Blood Gas and Electrolyte Analyzers Market: 2019
- Recent Industry Activity
- World Brands
MARKET TRENDS & DRIVERS
- Decentralized Testing Gains Traction
- Technology Advancements: Cornerstone for Market Growth
- Select New Devices
- Advanced Sensors Give Way to Modern Devices
- Blood Gas Testing Becomes Commonplace in Critical Care
- Benchtop Makers Cash in on the Lucrative POC Market
- Advanced Solutions for Point-of-Care & Critical Care Settings
- Integration with LIS and EMR Widens Functionality
- Miniaturised Blood Gas Analysers Gain Traction
- Increasing Prevalence of Chronic Disorders and Patient admissions Fuels Market Growth
- Assessment of Various Conditions Based on Blood Gas Testing
- Alarming Levels of Diabetes Incidence Worldwide Drives Demand
- World Diabetes and Population Statistics (2019, 2030 & 2045)
- World Diabetes Prevalence (2000-2019)
- Rise in CVD Incidence Spurs Demand
- Fatalities by Heart Conditions: Estimated Percentage Breakdown for Cardiovascular Disease, Ischemic Heart Disease, Stroke, and Others
- Global Annual Medical Cost of CVD in US$ Billion (2010-2030)
- Rising Cancer Incidence and Ensuing Rise in Critical Care Admissions Create Need for Blood Gas and Electrolyte Analyzers
- Global Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040
- Number of New Cancer Cases and Deaths (in Million) by Region for 2018
- Rise in Prevalence of COPD Augments Demand
- EXHIBIT : Global Prevalence of COPD by Age Group: Percentage of Men and Women Affected by the Condition
- Rising Aging Population: Principal Driver for the BGA Market
- Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
- Healthcare Cost-Cutting Trend Promotes Innovations
- World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
FOCUS ON SELECT PLAYERS (Total 53 Featured)
- Beckman Coulter, Inc.
- Danaher Corporation
- ARKRAY, Inc.
- F. Hoffmann-La Roche AG
- Abbott Point of Care, Inc.
- EKF Diagnostics Holdings PLC
- Abaxis, Inc.
- Convergent Technologies GmbH & Co. KG
- EDAN Instruments, Inc.
- Accurex Biomedical Pvt. Ltd.
- BioCare Corporation
- BIOBASE
- Fortress Diagnostics
- ARI Medical Technology Co., Ltd.
- Erba Mannheim
For more information about this report visit https://www.researchandmarkets.com/r/o0xjdf
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