The global market volume for blood gas and electrolyte analyzers was 2,733 thousand units in 2016, and is expected to grow with a CAGR of 8.2% from 2017 to 2023 to reach 4,749 thousand units by 2023.
Blood gas analyzers are used to measure different parameters such as pH, blood gas such as pCO2 and pO2, electrolytes, and metabolites from the whole blood sample. Blood is collected from the patient and introduced into the analyzer.
In order to produce a holistic assessment of the market, a variety of factors is considered, including demographics, business cycles, and microeconomic factors specific to the market under study. GlobalVolumetric Analysis of Blood Gas and Electrolyte Analyzer Market report 2021 also contains a comprehensive business analysis of the state of the business, which analyzes innovative ways for business growth and describes critical factors such as prime manufacturers, production value, key regions, and growth rate.
The Centers for Medicare and Medicaid Services report that US healthcare expenditures grew by 4.6% to US$ 3.8 trillion in 2019, or US$ 11,582 per person, and accounted for 17.7% of GDP. Also, the federal government accounted for 29.0% of the total health expenditures, followed by households (28.4%). State and local governments accounted for 16.1% of total health care expenditures, while other private revenues accounted for 7.5%.
This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.
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The analyzer leads the blood into a measuring chamber, which has ion selective electrodes (IE), the electrodes that are sensitive only to the measurement of interest. This analysis of the blood sample helps to detect medical conditions such as kidney failure, heart failure, uncontrolled diabetes, hemorrhage, chemical poisoning, a drug overdose, shock, asthma, and chronic obstructive pulmonary disease (COPD).
Doctors recommend for blood gas test if symptoms such as shortness of breath, difficulty in breathing, confusion, and nausea are witnessed. The pH value of blood, serum, or plasma is an indicator of the balance between the blood, renal (kidney), and lung (respiratory) systems, that is, depending on acidic or basic blood sample of the patients, the functioning of these vital organs of the body can be determined.
The pCO2 (a by-product of metabolism) and pO2 value of arterial blood is a measure of how well the body eliminates carbon dioxide and can absorb oxygen in the lungs, which helps to determine the working of the lungs and related organs. Electrolytes and metabolites give further information about body chemistry.
As blood gas and electrolyte analyzers have wide applications, they are used in a variety of medical facilities, including intensive care units (ICUs), neonatal intensive care units (NICUs), and coronary care units (CCUs). This report includes the study of number of ICUs, NICUs, and CCUs from 2016 to 2023 across North America, Europe, Asia-Pacific, and LAMEA. Furthermore, the report discusses about the number of these units (ICUs, NICUs, and CCUs) that do not use a point-of-care blood gas and electrolyte analyzer. In addition, the report includes market share analysis for devices and consumables by value and volume.
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Key Benefits for Stakeholders
The study provides analysis of the blood gas analyzers and electrolyte analyzer market with current trends and future estimations to elucidate the imminent investment pockets in the market.
The report provides a quantitative analysis from 2016 to 2023 to enable stakeholders to capitalize on prevailing market opportunities.
Extensive analysis by volume helps to understand the usage of devices and consumables and prevailing opportunities in the respective market.
Comprehensive analysis of key market players within the market predicts the competitive outlook of the global blood gas and electrolyte analyzers market.
Volumetric Analysis of Blood Gas and Electrolyte Analyzer Market Key Segments:
Blood Gas Analyzers
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What are the aspects of this report that relate to regional analysis?
The report’s geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.
Reports on the market include the growth rates of each region, which includes their countries, over the coming years.
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This report provides a comprehensive analysis of leading competitors in the market.
The report includes information about the key vendors in the market.
The report provides a complete overview of each company, including its profile, revenue generation, cost of goods, and products manufactured.
The report presents the facts and figures about market competitors, alongside the viewpoints of leading market players.
A market report includes details on recent market developments, mergers, and acquisitions involving the key players mentioned.
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This market report shows the projected market size for the pain management devices market at the end of the forecast period. The report also examines the historical and current market sizes.
On the basis of various indicators, the charts present the year-over-year growth (%) and compound annual growth rate (CAGR) for the given forecast period.
The report includes an overview of the market, its geographical scope, its segmentation, and the financial performance of key players.
The report examines the current state of the industry and the potential growth opportunities in North America, Asia Pacific, Europe, Latin America, and the Middle East, and Africa.
The research report includes various factors contributing to the market’s growth.
The report analyzes the growth rate, market size, and market valuation for the forecast period.
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What factors are taken into consideration when assessing the key market players?
The report analyzes companies across the globe in detail.
The report provides an overview of major vendors in the market, including key players.
Reports include information about each manufacturer, such as profiles, revenue, product pricing, and other pertinent information about the manufactured products.
This report includes a comparison of market competitors and a discussion of the standpoints of the major players.
Market reports provide information regarding recent developments, mergers, and acquisitions involving key players.
What are the key findings of the report?
This report provides comprehensive information on factors expected to influence the market growth and market share in the future.
The report offers the current state of the market and future prospects for various geographical regions.
This report provides both qualitative and quantitative information about the competitive landscape of the market.
Combined with Porter’s Five Forces analysis, it serves as SWOT analysis and competitive landscape analysis.
It provides an in-depth analysis of the market, highlighting its growth rates and opportunities for growth.
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