Global Blood Gas and Electrolyte Analyzer Market Key Takeaways and Forecast Insights till 2023 Offered in New Research

Albany, US, June 14, 2018: Globally, blood gas analyzers and electrolyte are widely used in medical lab equipment with many sophisticated features. Growing number of patients being treated in NICUs, ICUs, and emergency departments is increasing the demand for blood gas and electrolyte analyzers. Recently, a fresh study focusing on the recent events and updates in the global market has been publicized to the online repository of Market Research Hub (MRH), with the title of “Blood Gas and Electrolyte Analyzer Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2023”. The study provides a complete perspective on global blood gas and electrolyte analyzer market’s evolution throughout the above-mentioned forecast period in terms of revenue (in US$ Mn) and CAGR.

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Key Highlights from the Study

This precise study begins with an overview of blood gas and electrolyte analyzer, evaluating market performance, followed by analysis of key trends, drivers, and restraints witnessed in the global market in the recent past. Blood gas analyzer measures the partial pressure of oxygen in a patient’s body, while electrolyte analyzer measures concentration of vital elements such as sodium, potassium, and calcium. In the recent years, the introduction of portable blood gas and electrolyte analyzers was one of the bigger steps taken for this market, finds the research expert. According to the study evaluations, the demand in the global blood gas and electrolyte analyzer market will propagate at a formidable CAGR of 8.6% during the forecast period of 2017 to 2023.Further, the report scrutinizes global market data on the basis of geographical scenario, in which prime regions highlighted include Europe, Asia Pacific, Middle East & Africa (MEA), North America, and South America. The study evaluates market size and forecast for each region and country for the period from 2017 to 2023 along with the CAGR (%). The analysts of the report have found that the stockholders connected to the value chain of the blood gas and electrolyte analyzers market stand to gain from opportunities worth US$3,480.3 million by 2023, which was evaluated US$2,118.4 million in 2017. In terms of geography, the report adds that North American region had produced a revenue of US$683.0 million, and is expected to progress at a CAGR of 8.8% between 2017 and 2023.

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Another major factor prompting market growth include growing prevalence of chronic diseases, which has led to significant increase in traffic of emergency cases and creating a huge demand for blood gas and electrolyte analyzers. In the coming years, integration of wireless technology is expected to be the next big step in this market.The report has further also categorized the marker on the basis of device type. By device types, it covers Blood Gas Analyzer, Combination Analyzer, Electrolyte Analyzer and Consumables.Moving further, the study includes the profiles of key players in the market and the strategies adopted by them to sustain in the competition. At present, key players outlined in the study include Medica Corporation, Abbott Point of Care Inc., Alere, Inc., Nova Biomedical, Erba Mannheim, Radiometer Medical ApS, Roche Diagnostics, and Siemens Healthcare.

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