Global blood gas analyzer market is expected to grow at a significant CAGR of 6.6% by 2023 as the scope and its applications are rising enormously across the globe. Blood gas analyzer (BGA) is a benchtop or handheld device that measures the concentration of hydrogen ions (pH), partial pressure of oxygen (pO2), and the partial pressure of carbon dioxide (pCO2). Also, can measure metabolites and electrolyte parameters from whole blood specimens.
The factors that are playing a major role in the growth of blood gas analyzer market are rising demand for personalized medicines, growing number of retail clinics, rising use of innovative diagnostic equipment’s, and developing whole genome technology. However, the presence of alternatives may restrain overall market growth in the years to come. Blood gas analyzer market is segmented based on product type, application, and region.
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Benchtop and portable are the product types of blood gas analyzer and is estimated to lead the overall market in the years to come. Portable analyzers sector may account for the significant market share of blood gas analyzer and is estimated to continue its dominance in the years to come. The reason could be rising use of point-of-care (POC) testing. The market may be categorized based on applications like academia, clinics, hospitals, and others that could be explored in blood gas analyzer in the forecast period.
Blood gas analyzer market is segmented geographically into Americas (North America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific (India, China, Japan, New Zealand, and Australia), Middle East (UAE, Saudi, and Qatar) and Africa (South Africa).
Globally, North America may account for the substantial market share of blood gas analyzer and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be growing several R&D activities and development of new diagnostic procedures. The United States and Canada are the major consumers of blood gas analyzer in this region.
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Europe and the Asia Pacific are also estimated to have a positive influence on future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The developing countries like India and China are the major consumers of blood gas analyzer in this region.
The key players of blood gas analyzer market are Siemens Healthineers, Radiometer, Abbott Laboratories, Roche Diagnostics, Accurex Biomedical, Samsung Medison, Medica, Instrumentation Laboratory, and Nova Biomedical. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.
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The factors that are playing a major role in the growth of blood gas analyzer market are rising demand for personalized medicines, growing number of retail clinics, rising use of innovative diagnostic equipment’s, and developing whole genome technology. However, the presence of alternatives may restrain overall market growth in the years to come. Blood gas analyzer market is segmented based on product type, application, and region.
Download Free Sample Report @ https://www.radiantinsights.com/research/global-blood-gas-analyzer-market-outlook-2018-2023/request-sample
Benchtop and portable are the product types of blood gas analyzer and is estimated to lead the overall market in the years to come. Portable analyzers sector may account for the significant market share of blood gas analyzer and is estimated to continue its dominance in the years to come. The reason could be rising use of point-of-care (POC) testing. The market may be categorized based on applications like academia, clinics, hospitals, and others that could be explored in blood gas analyzer in the forecast period.
Blood gas analyzer market is segmented geographically into Americas (North America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific (India, China, Japan, New Zealand, and Australia), Middle East (UAE, Saudi, and Qatar) and Africa (South Africa).
Globally, North America may account for the substantial market share of blood gas analyzer and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be growing several R&D activities and development of new diagnostic procedures. The United States and Canada are the major consumers of blood gas analyzer in this region.
Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/global-blood-gas-analyzer-market-outlook-2018-2023
Europe and the Asia Pacific are also estimated to have a positive influence on future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The developing countries like India and China are the major consumers of blood gas analyzer in this region.
The key players of blood gas analyzer market are Siemens Healthineers, Radiometer, Abbott Laboratories, Roche Diagnostics, Accurex Biomedical, Samsung Medison, Medica, Instrumentation Laboratory, and Nova Biomedical. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.
Read all Reports of this category @ https://www.radiantinsights.com/catalog/medical-devices
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Phone: (415) 349-0054
Toll Free: 1-888-928-9744
Address: 201 Spear Street 1100, Suite 3036,
City: San Francisco; State: California; Country: United States
Email: sales@radiantinsights.com
Website: https://www.radiantinsights.com/
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