Healthcare Industry Blood Gas and Electrolyte Analyzers Market Report | Page 2

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Based on products, the blood gas and electrolyte analyzers market is bifurcated into portable analyzers and
benchtop analyzers. The segment of portable analyzers can continue leading the industry during the forecast
period. Surging demand for automated, portable, low maintenance, and self-monitoring devices may fuel
demand till 2024. Portable devices are best suited for mobile & bedside monitoring.
The various end users are hospitals, Point-of-care (POC), clinical laboratories, and diagnostic centers. POC
devices are widely popular in critical care departments, cardiothoracic surgical departments, and in emergency
transport systems. These devices entail automated sample handling, render users variability, and help minimize
errors. Thus, they are estimated to be high on consumer preference.
As per geographies, the market is divided into North America, Latin America, Europe, Asia Pacific, and the
Middle East & Africa (MEA). North America dominated the overall industry in 2014. Increasing patients in ICUs,
hospitals, and in emergency wards can favorably influence the market. It is anticipated that Latin America will
expand at a 5.5% CAGR from 2016 to 2024.
Asia Pacific can register a CAGR more than 6.6% over the next eight years. The region is driven by high
disposable incomes in countries, like India and China. Government initiatives can also support the market
during the forecast period. Rising cases of diabetes, hypertension, and cancer are contributing to greater
healthcare awareness & improvements in healthcare infrastructure in Asia Pacific. This could benefit the market
significantly.
Key players operating in the global blood gas and electrolyte analyzers market are Abbott Laboratories, Erba
Mannheim, Roche Diagnostics, and Siemens Healthcare. Companies resort to strategic business ventures and
expansion of product portfolio for better market penetration. In September 2012, Germany based diagnostic
devices producer, Erba Mannheim acquired Maxmat S.A., a French company that operated in the area of
medical laboratory devices.
Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/medical-
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