Global Blood Gas And Electrolyte Market is expected to reach USD 653.5 million by 2022, according to a new study by Grand View Research Inc. Rising number of patients in ICU and critical care units and increasing demand for high throughput and integrated systems are some key factors likely to drive the blood gas and electrolyte analyzers market. Growing global geriatric population base is also expected to significantly contribute towards market growth over the forecast period, by triggering the incidence rates of target diseases and widening the base of patients requiring critical care. Furthermore, the emergence of multi-parameter monitoring devices owing to, expanding test menus and growing demand for portable devices is expected to boost usage rates over the forecast period. The availability of blood gas analyzers has helped enhance the care of critically ill patients allowing for frequent diagnosis and monitoring of respiratory problems and ability to guide prognosis and therapy. Rising demand for technically advanced sleek handheld devices involving short turnaround time has resulted in the development of more compact, sleek, handheld point-of-care devices. For instance, the OPTI CCA-TS2 blood gas and electrolyte analyzers use innovative optical technology and provide fast results while requiring minimal maintenance.
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Details of Report @ http://www.grandviewresearch.com/industry-analysis/blood-gas-and-electrolyte-analyzers
Further key findings from the study suggest:
- Portable
analyzers dominated the market with a share of over 60.0% in 2014 and are
also expected to witness lucrative growth over the forecast period.
Growing demand for automated, self-monitoring, portable devices, shorter
analysis time, and quick accurate results are key factors boosting the
growth of this segment.
- Combined
blood gas and electrolyte analyzers are expected to rapidly gain market
share over the forecast period. Rising need for analyzers, which can
analyze blood and electrolyte samples together are swiftly gaining
popularity among users.
- North
America accounted for more than 40% of the blood gas and electrolyte
analyzers market in 2014. Presence of sophisticated healthcare
infrastructure along with favorable reimbursement plans are some key
factors expected to drive regional market growth.
- Presence of
high unmet needs clubbed with rapidly improving healthcare infrastructure
in the emerging markets of India and China is expected to help Asia
Pacific grow at a lucrative rate throughout the forecast period. Growing
demand for decentralized point-of-care diagnostic facilities handling
large volumes of diagnostic tests is also expected to drive regional
market growth.
- Key players
of the blood gas and electrolyte analyzers market include Siemens, Medica,
Roche, Nova Stat, Bayer, Radiometer Medical, Convergent technologies,
Dalko Diagnostics, Afford Medical Technologies, and Accurex Biomedical
Pvt. Ltd.
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Grand View Research, Inc. is a U.S. based market
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headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, the company offers market intelligence
studies ensuring relevant and fact-based research across a range of industries
including technology, chemicals, materials, healthcare and energy.
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