Blood Gas and Electrolyte Analyzer Market to Grow on Account of Advancements in Healthcare Industry


Published Date : Jun 06, 2018

Albany, New York, June 6, 2018: The global market for blood gas and electrolyte analyzer has been growing at a robust rate over the past years. A report by Market Research Report builds on the trends prevailing in the global market for blood gas and electrolyte analyzer. The title of the report is Blood Gas and Electrolyte Analyzer Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2023’. The healthcare industry has witnessed unimaginable developments in recent times, which has directly contributed to the growth of the global market. Medical practitioners, doctors, and other experts have emphasized on the need for the healthcare industry to stay equipped with the latest devices and technologies. Blood gas analyzers are used to test the pressure of oxygen in the blood stream while electrolyte analyzers show the concentration of essential elements such as potassium and calcium in the blood. In recent times, single devices for the reports of the aforementioned parameters have evolved in the market. The emergence of such devices forms the basis of the global market for blood gas and electrolyte analyzer. The benefits offered by these devices have played an instrumental role in their popularity, and the demand for these devices is expected to keep soaring high. The prevalence of diseases has become a matter of concern for the entire healthcare industry, and this has created demand for blood gas and electrolyte analyzers.

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The demand within the global market for blood gas and electrolyte analyzers has been increasing over the years. The high incidence of chronic diseases has played a pivotal role in creating heavy demand for these devices across the globe. Moreover, widespread prevalence of obesity is also amongst the most prominent drivers of demand within the market. Obesity can lead to several other disorders including arthritis, diabetes, and cardiovascular disorders. Governments across several regions have been assisting the healthcare industry in attaining excellence in infrastructure and treatment. As hospitals and healthcare centres receive huge funds from the government, the market for blood gas and electrolyte analyzer is expected to thrive. The report by MRR elaborates all of the aforementioned drivers of demand to give a wholesome purview of the market. Moreover, the key trends and opportunities that define the course of the market have also been included in the report.

The market for blood gas and electrolyte analyzer has witnessed commendable growth across North America over the past decade. The growth of the North American market can be explained by the substantial amount of funds extended by the government to the healthcare industry.

The key market players within the global market for blood gas and electrolyte analyzer include Abbott Point of Care Inc., Erba Mannheim, Alere, Inc., and  Medica Corporation. Each of these market players are expected to reap benefits from the huge-scale investments made by the government towards the betterment of healthcare facilities.

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