Blood Gas and Electrolyte Analyzers: A Global Strategic Business Report
San Jose, CA (Vocus/PRWEB) January 20, 2011
Global blood gas and electrolyte analyzer market is in the midst of a major transition, with medical devices undergoing continued reduction in size, shift of traditional central laboratory blood gas analyzer to near-patient sites, and expanding test menus, marking the onslaught of multi-parameter monitoring device. The capability of measuring various blood gas parameters on a single device is uniting earlier two distinct areas of blood gas and electrolyte analysis into a single unit, thereby, leading to a downturn in standalone electrolyte analyzers.
Yet another major transformation in the market is the trend towards point-of-care monitoring. Ever since the Point-Of-Care (POC) patient monitoring instruments made their headway into the market, continued innovations and technology improvements are taking place in the portable / handheld blood gas analyzers; in the process, impressing end users to switchover to the POC version. Banking on numerous advancements and advantages over the benchtop version, POC analyzers are being placed at numerous locations within hospitals, due to their cost-effectiveness, instantaneous test results, and faster turnaround times. In fact, blood gas tests are time critical, and immediate results are instrumental in preventing life-threatening conditions, particularly in critical care patients, thereby, justifying their indispensability in intensive care units, operating rooms, and emergency departments.
The United States and Europe constitute the largest regional markets worldwide, as stated by the new market research report on Blood Gas and Electrolyte Analyzers. In terms of segments, Blood Gas Analyzers constitute for a major share of the total market, of which Point-of-Care Analyzers represent the larger and the faster growing market segment, compared to benchtop analyzers. The market for point-of-care blood gas analyzers is witnessing rapid growth, and is estimated to grow at a compounded annual growth of more than 5.0% in unit terms over the analysis period. Healthcare providers are now able to choose from a wide range of testing devices at the point-of-care testing for quicker diagnosis and treatment.
The market for blood gas and electrolyte analyzers is also witnessing the increased popularity of combined analyzers. Combined analyzers are capable of performing the function of both blood gas analyzers and electrolyte analyzers, extending their use in testing a single sample for electrolytes, blood urea nitrogen, and creatinine. Growing inclination of healthcare providers towards the use of combined analyzers is expected to increase the demand of these analyzers in future. In addition, modern clinical laboratory blood gas and electrolyte analyzers are equipped with computer interfaces and run internal algorithms to obtain accurate test results. These analyzers are available with other important features, including expanded test menus, quality control tracking, and automatic calibration, icon enriched color touch-screen, among others.
Major players profiled in the report include Abaxis Inc., Abbott Point-of-Care, Beckman Coulter Inc., Hemagen Diagnostics Inc., IDEXX Laboratories Inc., OPTI Medical Systems Inc., Instrumentation Laboratory, International Technidyne Corporation, Medica Corporation, Nova Biomedical Corporation, Radiometer A/S, Roche Diagnostics Ltd., Siemens Healthcare Diagnostics, Inc., among others.
The research report titled “Blood Gas and Electrolyte Analyzers: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of the blood gas and electrolyte analyzers markets, impact of the recession on the market, current market trends, key growth drivers, recent product introductions, recent industry activity, and profiles of major/niche global as well as regional market participants. The report provides annual sales estimates and projections for Blood Gas and Electrolyte Analyzers market for the years 2007 through 2015 for the following geographic markets - US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Key product segments analyzed include Blood Gas Analyzers (Benchtop Analyzers and Point-of-Care Analyzers) and Electrolyte Analyzers. Also, a seven-year (2000-2006) historic analysis is provided for additional perspective.
For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Blood_Gas_And_Electrolyte_Analyzers_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1200 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
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