Blood Gas and Electrolyte Analyzers Market Insights, Trends, Outlook, and Opportunity Analysis, forecast 2018-2026
Blood Gas and Electrolyte Analyzers |
In whole blood samples, Blood Gas and Electrolyte Analyzers are
used to measure parameters such as pH, blood gas, electrolytes, and metabolites.
The balance between the renal (kidney), blood, and lung is shown by the pH
value of blood and plasma or serum. The pCO2 measurement of arterial blood is
used to determine how well carbon dioxide is removed from the body. The pO2
value in arterial blood is a measure of oxygen absorption by the body in the
lungs, whereas a by-product of metabolism. Electrolytes and metabolites give
further information about metabolism.
Furthermore, the need for Blood Gas and Electrolyte
Analyzers is increasing as the number of patients treated in NICUs, ICUs, and
emergency departments grows. The market for blood gas and electrolyte analyzers
is also growing due to an increase in the number of people suffering from
chronic illnesses and cancer. Furthermore, advances in blood gas and
electrolyte analyzers, as well as a rising number of product approvals, are
important drivers driving the blood gas and electrolyte analyzers market
forward. The difficulty of interpreting blood analysis results, on the other
hand, is impeding industry expansion.
Growing elderly population, who are more likely to acquire
cancer and chronic illnesses, necessitating regular blood gas testing and
point-of-care (PoC) diagnostic assessment, is expected to drive the Blood
Gas and Electrolyte Analyzers Market forward. Chronic illnesses
caused roughly 3 million deaths worldwide in 2015, according to the World
Health Organization, accounting for 5% of all fatalities that year. As a
result, the number of emergency cases increased significantly, producing a
strong need for blood gas and electrolyte analyzers.
The rise in prevalence of chronic disorders, increase in the
global geriatric population, increase in the number of patients treated in
ICUs, NICUs, and emergency departments, technological advancements in Blood Gas
and Electrolyte Analyzers, and increase in the number of product approvals
globally are all driving the growth of the blood gas and electrolyte analyzers
market.
Integration of blood gas analyzers with electronic medical
records and laboratory information systems represents a significant market
expansion opportunity. These integrated solutions not only allow for reliable
patient monitoring, but they also aid in the streamlining of operations.
Furthermore, throughout the forecast period, the need for technology-integrated
combination systems and point-of-care devices is likely to considerably drive
the blood gas and electrolyte analyzers market.
Furthermore, the availability of various portable, benchtop,
easy to use, with higher accuracy and rapid devices, as well as the
government's various initiatives and strategies, as well as key market players'
pivotal roles in raising awareness for diagnosis, all contribute to the blood
gas and electrolyte analyzers market's growth.
The industry has been fuelled even more by a significant
increase in global healthcare spending. The expansion in population, particularly
among the elderly, and the increased use of medical services are the two key
reasons driving up healthcare costs. The market for Blood Gas and Electrolyte
Analyzers is projected to be hampered by the high cost of analyzers and the
complexity of interpreting blood analysis data.
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