Newark, New Castle, USA, May 19, 2023 (GLOBE NEWSWIRE) -- According to a recent Growth Plus Reports study, the blood gas & electrolyte analyzer market was valued at US$ 1.78 billion in 2022. The market is likely to register a revenue CAGR of 4.78% and reach US$ 2.71 billion by 2031. The study examines the important strategies, drivers and prospects, competitive circumstances, shifting market dynamics, market size, data and forecasts, and important investment regions.

Key Takeaways:

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                           Blood Gas & Electrolyte Analyzer Market Scope

Report AttributeDetails
Market size value in 2022US$ 1.78 billion
Revenue forecast in 2031US$ 2.71 billion
Growth RateCAGR of 4.78% from 2023 to 2031
Base Year for Estimation2022
Forecast Period2023-2031
Historical Year2021
Segments CoveredModality, Product, End user, and Region.
Regional ScopeNorth America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Market Drivers
The increasing use of blood gas analysis at hospital point-of-care settings for quick and accurate results will drive the market's revenue growth. Furthermore, technological advancements, a growth in the number of patients requiring blood sample testing, and an increasing prevalence of heart disease, vascular disease, and diabetes are expected to fuel the market's revenue growth. Apart from this, the growing geriatric population vulnerable to chronic and infectious diseases is expected to support the market's revenue growth.

Market Segmentation
Growth Plus Reports has analyzed the global blood gas & electrolyte analyzer market from four perspectives: Modality, Product, End User, and Region.

Product Segmentation
Based on the product, the blood gas & electrolyte analyzer market is segmented into two categories: analyzers and consumables. Consumables dominate the market since they include reagents, kits, and disposables that are required for blood gas and electrolyte testing.

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Regional Growth Dynamics
Based on the region, the global blood gas & electrolyte analyzer market is segmented into North America, Europe, Latin America, and the Middle East & Africa. North America dominates the blood gas & electrolyte analyzer market with the largest revenue share because of the advanced healthcare services, the availability of numerous treatment options, the presence of major players in the market, the growing demand for portable point-of-care devices with wireless connectivity, and the rising prevalence of lifestyle disorders.

Competitive Landscape

The top companies in the global blood gas & electrolyte analyzer market are:

The antisense oligonucleotide market is moderately competitive, with numerous international corporations involved. To expand their product portfolio, key players prioritize R&D.

Recent Developments:

Table of Content

  1. INTRODUCTION
    1. Market Ecosystem 
    2. Timeline Under Consideration
      1. Historical Years – 2021
      2. Base Year – 2022
      3. Forecast Years – 2023 to 2031
    3. Currency Used in the Report
  2. RESEARCH METHODOLOGY 
    1. Research Approach
    2. Data Collection Methodology
    3. Data Sources
      1. Secondary Sources 
      2. Primary Sources 
    4. Market Estimation Approach
      1. Bottom Up 
      2. Top Down 
    5. Market Forecasting Model
    6. Limitations and Assumptions       
  3. PREMIUM INSIGHTS
    1. Current Market Trends (COVID-19 Perspective)
    2. Key Players & Competitive Positioning (2022)
  4. MARKET DYNAMICS
    1. Drivers
    2. Restraints
    3. Opportunities
  5. GLOBAL BLOOD GAS & ELECTROLYTE ANALYZER MARKET- ANALYSIS & FORECAST, BY MODALITY
    1. Bech Top 
    2. Portable
  6. GLOBAL BLOOD GAS & ELECTROLYTE ANALYZER MARKET- ANALYSIS & FORECAST, BY PRODUCT
    1. Analyzer
      1. Blood Gas Analyzers
      2. Electrolyte Analyzers
      3. Combined Analyzers
    2. Consumables
  7. GLOBAL BLOOD GAS & ELECTROLYTE ANALYZER MARKET- ANALYSIS & FORECAST, BY END-USER
    1. Hospitals
    2. Central Laboratories
    3. Point-of-Care
    4. Diagnostic Centers
    5. Others

BLOOD GAS & ELECTROLYTE ANALYZER MARKET TOC

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