© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Blood Gas and Electrolyte Analyzers Market to grow at 4.5% CAGR from 2016 to 2023: Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Global Market Insights, Inc. says Blood Gas and Electrolyte Analyzers Market size is set to exceed USD 700 million by  Growing prevalence of chronic diseases has led to significant increase in traffic of emergency cases creating a huge demand for blood gas and electrolyte analyzers.  Combined analyzers are identified as the most lucrative application segment of the blood gas and electrolyte analyzers market, projected to grow at a CAGR of 5.5%, during the forecast timeframe.  The growth in point of care (PoC) devices market is set to push the demand for blood gas and electrolyte analyzers market. Shortage of technical expertise to operate the devices and huge maintenance costs has led to increase in adoption of automated and self-contained devices. Key Insights from Blood Gas and Electrolyte Analyzers Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  The blood gas and electrolyte analyzers market is witnessing introduction of technological advancements in devices such as compact nature, and more sensitive test results, along with growing demand for multi-parameter monitoring equipment with high throughput.  U.S. was the leading blood gas and electrolyte analyzers market with revenue share of over 34% of the overall industry. The region has shifted to patient- centric healthcare approach by adopting PoC diagnostics, leading to huge demand for blood analyzers.  Asia Pacific and Latin America are likely to offer blood gas and electrolyte analyzers market potential growth platform in the coming years, due to huge presence of underserved asthma and COPD patients and tremendous improvement in healthcare infrastructure and facilities.  India was the fastest growing country in APAC in 2015 registering a CAGR of 10.5% during the forecast period. Continued...

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  This is attributed to rise in awareness regarding diagnosis of asthma, and other respiratory disorders. India faces a challenge of air pollution leading to high prevalence rate of respiratory diseases.  The increasing prevalence of COPD in countries such as India increases the cost burden of disease on government and productivity leading to economic losses.  Over 90% of COPD deaths occur in low and middle income countries, since most of the population here is exposed to harmful pollutants, occupational chemicals, and observe high rate of smoking.  Major companies operating in the blood gas and electrolyte analyzers market include Instrumentation Laboratories, Roche Diagnostics, Siemens Healthcare, Alera Medical, Radiometer, and among others. Continued...

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