The blood gas analyzer market expected to reach USD 636.0 million by 2021 from USD 506.9 million in 2016, at a CAGR of 4.6%. Major factors driving growth of this market include rising geriatric population and the subsequent growth in prevalence of chronic diseases, & growing demand for point-of-care analyzers.
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Growth in blood gas analyzer market majorly attributed to rising demand for automated and point-of-care blood gas analyzer devices. These analyzers offer rapid analysis and are easy to use, portable, and offer short turnaround times, which make them valuable tools for managing oxygenation and ventilation of patients in ICUs and emergency departments.
Full details on this report Blood Gas Analyzer Market spread across 139 Pages, Profiling 9 Companies and Supported with 38 Tables and 14 Figures is now available at http://www.rnrmarketresearch.com/blood-gas-analyzer-blood-gas-and-electrolyte-analyzer-market-by-product-brand-gem-4000-gem-3000-i-stat-abl900-abl90-cobas-b-221-rapidlab-player-company-radiometer-instrumentation-laboratory-siemens-abbo-ts-to-2021-market-report.html
Bllod gas analyzer market report provides market sizing of companies and their brands in terms of value and volume (per-year sales). In addition to market sizing, the report also provides a competitive landscape that covers growth strategies adopted by industry players over last three years.
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The major players in the global blood gas analyzer market The top 3 companies together account for a share of more than 70% of the global market.
- Abbott Laboratories (U.S.),
- Alere, Inc. (U.S.),
- Instrumentation Laboratory (U.S.),
- Radiometer (Denmark),
- Roche Diagnostics (Switzerland), and
- Siemens Healthcare (Germany).
The global blood gas analyzer market segmented based on players, major brands, and regions. GEM 3000 (Instrumentation Laboratory) expected to account for largest share of global blood gas analyzers market in 2016, while ePOC (Alere) will be fastest-growing product segment in coming years.
An increase in number of patients being treated in ICUs, NICUs and emergency departments would further accelerate pace of growth of blood gas analyzers market.
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Blood gas analyzers market report provides sizing of companies & their brands in terms of value & volume (per-year sales). In addition to market sizing, report also provides a competitive landscape that covers growth strategies adopted by industry players over last three years.
Company profiles comprise product portfolios, developments, & strategies adopted by market players to maintain & increase their shares in market.
2 Market Share Analysis, By Key Player, 2016
3 Competitive Scenario
4 Recent Developments
5 New Product Launches
9 Product Enhancement
10 Product Approval
12 Other Developments
Geographically, blood gas analyzer market is dominated by North America, followed by Europe, APAC, & Rest of the World (RoW). Growing prevalence of lifestyle diseases, increasing number of product approvals, & rising government initiatives are some of key factors responsible for large share of North America in global market.
Connect for More Details for “Blood Gas Analyzer/Blood Gas and Electrolyte Analyzer Market by Product/Brand (GEM 4000, GEM 3000, i-STAT, ABL900, ABL90, cobas b 221, RAPIDLab), Player/Company (Radiometer, Instrumentation Laboratory, Siemens, Abbott, Alere) - Global Forecasts to 2021” report @ www.rnrmarketresearch.com/contacts…ying?rname=633275 .
Blood Gas Analyzers market is projected to witness a higher growth during the forecast period due to the growing initiatives by market players, increasing patient population base, and rising number of partnerships and joint ventures. North America is expected to account for the largest market share in 2016, which is primarily attributed to the growing prevalence of lifestyle diseases, increasing number of product approvals, and rising government initiatives in this region.
Reimbursement issues may restrain the growth of the blood gas analyzer market in many countries as healthcare providers face many challenges in POCT billing. Also, complex operations and interpretation of data for these analyzers will hinder their adoption, especially in home care settings.
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