Blood Gas Analyzers Market - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Blood Gas Analyzers Market - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Blood gas analyzer is a standard clinical diagnostic test machine used to measures a patient’s blood gases including oxygen and carbon dioxide and pH level. Arterial blood is the sample type required for correct assessment of gas exchange and function of lungs, specifically oxygenation status. Arterial blood pH is included in these measurements as dissolved carbon dioxide balances the acidity or alkalinity in the respiratory system.
Market Dynamics
Increasing number of patients being treated in ICUs, NICUs, and emergency departments is propelling demand for blood gas analyzers. According to a NCBI report of 2021, in England, emergency services demand has increased by 125%, from around 4 million calls in 1994 and 1995 to 9 million ambulance calls in 2014 and 2015. Moreover, increasing number of patients suffering from chronic diseases such as cancer, cardiovascular disease, and lung disease also require blood gas testing. According to American Heart Association 2016 report, cardiovascular diseases are the leading cause of death worldwide, accounting for around 17.3 million deaths annually and is expected to reach over 23.6 million by 2030.
Moreover, increasing demand for point of care (PoC) testing in emergency department due to its potential benefits is fuelling demand for blood gas analyzers market. For instance, according to the National Center for Biotechnology Information 2014 study, in patient with severe shock who does not respond to pulse oximetry and capnometry, miscalculate of arterial pCO2 in severe cardiovascular insufficiency or during cardiopulmonary resuscitation (CPR) can occur. PoC testing devices with blood gas analysis are essentially required in these situations to optimize oxygenation and ventilation. However, blood gas analysis is sensitive to risks of errors caused by improper sampling, transport, and storage conditions. Therefore, complexity is involved in the interpretation of data.
Key features of the study:
This report provides in-depth analysis of the blood gas analyzers market, market size (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global blood gas analyzers market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
Key players covered as a part of this study include, Abbott Laboratories, Alere, Inc., Bayer AG, Dalko Diagnostics, GE Healthcare, Instrumentation Laboratory, Nova Biomedical, Radiometer, Roche Diagnostics, Siemens Healthcare, and Sphere Medical
Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launch, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
The global blood gas analyzers market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors, and suppliers for blood gas analyzers market, research and consulting firms, new entrants, and financial analysts

Detailed Segmentation:
Global Blood Gas Analyzers Market, By Product Type:
Bench top
Portable
Global Blood Gas Analyzers Market, By Application:
Anesthesia
Cardiovascular Surgery
ICU
Others
Global Blood Gas Analyzers Market, By Region:
North America
By Country:
U.S.
Canada
By Product Type:
Bench top
Portable
By Application:
Anesthesia
Cardiovascular Surgery
ICU
Others
Europe
By Country:
U.K.
Germany
Italy
Spain
France
Russia
Rest of Europe
By Product Type:
Bench top
Portable
By Application:
Anesthesia
Cardiovascular Surgery
ICU
Others
Asia Pacific
By Country:
Australia
India
China
Japan
ASEAN
South Korea
Rest of Asia Pacific
By Product Type:
Bench top
Portable
By Application:
Anesthesia
Cardiovascular Surgery
ICU
Others
Latin America
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
By Product Type:
Bench top
Portable
By Application:
Anesthesia
Cardiovascular Surgery
ICU
Others
Middle East
By Country:
GCC
Israel
Rest of Middle East
By Product Type:
Bench top
Portable
By Application:
Anesthesia
Cardiovascular Surgery
ICU
Others
Africa
By Country:
South Africa
Central Africa
North Africa
By Product Type:
Bench top
Portable
By Application:
Anesthesia
Cardiovascular Surgery
ICU
Others
Company Profiles
Abbott Laboratories*
Company Overview
Product Portfolio
Financial Performance
Recent Highlights
Strategies
Alere, Inc.
Bayer AG
Dalko Diagnostics
GE Healthcare
Instrumentation Laboratory
Nova Biomedical
Radiometer
Roche Diagnostics
Siemens Healthcare
Sphere Medical
“*” marked represents similar segmentation in other categories in the respective section.