Blood Gas and Electrolyte Analyzers Market to 2026- Strategies, Applications and Competitive Landscape
Blood gas analyzers
and electrolyte analyzers are sued to measure parameters of
combinations of pH, blood gas, electrolytes, and metabolites from
whole blood samples. The pH value of blood and plasma or serum is an
indicator of the balance between the renal (kidney), blood, and lung.
Where pCO2 value of arterial blood is used to access efficient
elimination of carbon dioxide from the body. Whereas a by-product of
metabolism and the pO2 value of arterial blood is the measure of
oxygen absorbance by the body in the lungs. Metabolites and
electrolytes provide further information about metabolism.
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Furthermore, growing
number of patients being treated in NICUs, ICUs, and emergency
departments is increasing the demand for blood gas and electrolyte
analyzers. Also, increasing number of patients suffering from chronic
diseases and cancer, contributes to growth of the blood gas and
electrolyte analyzers market. Additionally, advancements in blood gas
and electrolyte analyzers, and increasing number of product approvals
are major factors favoring growth of the blood gas and electrolyte
analyzers market. However, complexity involved in the interpretation
of blood analysis data hinders growth of the market.
Growing geriatric
population fuels growth of the blood gas and electrolyte analyzers
market
Growing geriatric
population, who are at increased risk for acquiring cancer
development and chronic diseases, which require frequent testing of
blood gas testing and point-of-care (PoC) diagnostic evaluation,
which projects growth of the blood gas and electrolyte market.
According to W.H.O, around 3 million deaths were caused by chronic
diseases, globally, in 2015, accounting for 5% of all the death
globally in that year. This in turn led to significant increase in
traffic of emergency cases, thus creating high demand for blood gas
and electrolyte analyzers.
Regional growth
engines of the blood gas and electrolyte analyzers market
According to W.H.O,
over three quarters of chronic disease take place in low-and
middle-income countries, as they do not have the benefit of primary
integrated programmes for early detection and treatment as compared
to people in high income countries, which is expected to increase
growth of the market in Asia Pacific. In the Middle East and Africa,
the United Nations Fund for Population Activities (UNFPA) introduced
Country Program Action Plan (CPAP) to prevent diseases. This in turn
is expected to create new opportunities for growth of the blood gas
and electrolyte analyzers market.
Key players
supporting growth of the blood gas and electrolyte analyzers market
Manufacturers are
focused on miniaturization technology for development of advanced,
sleek, compact, handheld instruments. Key players operating in the
blood gas and electrolyte analyzers are Siemens Healthcare GmbH,
Radiometer India (division of DHR Holding (India) Pvt Ltd.),
Instrumentation Laboratories, Inc., F. Hoffmann-La Roche Ltd, Cerner
Corporation, and Alere.
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