The increasing prevalence of respiratory and metabolic disorders has Propelled the Growth of Blood Gas Monitors Market in the North America Region!

Author: Vikas Kumar

12 July 2023

During the past few years, the market of blood gas monitors has witnessed robust growth and several factors such as the increasing prevalence of respiratory diseases and chronic conditions like COPD and asthma have led to a surge in demand for blood gas monitors to monitor patients’ arterial blood gas levels accurately. Additionally, the rising geriatric population in Asian countries has fueled the demand for these monitors as elderly individuals are more prone to respiratory illnesses. Furthermore, the advancements in healthcare infrastructure and the growing awareness among healthcare professionals about the importance of timely diagnosis and management of respiratory disorders have propelled the market’s expansion. The increasing healthcare expenditure and government initiatives aimed at improving healthcare facilities in countries like China and India have also contributed significantly to the market’s growth. Moreover, technological advancements such as the development of portable blood gas monitors and the integration of wireless connectivity features have further boosted the adoption of these devices in the region. For instance, Boditech Med (Gang-won-do, Korea) launched its immunoassay analyzer AFIAS-10 with blood collection tube, including an all-in-one cartridge system, at MEDICA 2021.

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Further,the APAC blood gas monitors are expected to grow at a strong CAGR of 5% during the forecast period (2022-2030). This is mainly due to the increasing healthcare expenditure in both developed and developing countries is driving the demand for blood gas monitors, as healthcare providers seek to improve patient outcomes and reduce costs and also, growing awareness about the importance of blood gas analysis in the diagnosis and management of respiratory and metabolic disorders is driving the demand for blood gas monitors.

  • Blood Gas Monitors Revenue (2020-2030) – USD Mn

For a detailed analysis of the Global Blood Gas Monitors Market browse through: https://univdatos.com/report/blood-gas-monitors-market/

Based on product type, the market is segmented into pulse oximeters, point-of-care blood gas analyzers, arterial blood gas sampling kits, laboratory blood gas analyzers, and others. The point-of-care blood gas analyzers category is to witness higher CAGR during the forecast period owing to the point-of-care blood gas analyzers offer a high level of accuracy and precision, which is essential for critical care patients. Furthermore, with point-of-care analyzers, healthcare professionals can obtain immediate results without having to send samples to a central laboratory. This can significantly reduce turnaround times and improve patient outcomes which will drive the growth of the market.

On the basis of type, the market is categorized into portable type and desktop type. Among these, the portable type held a significant share in the market in 2021. This is mainly due to portable blood gas monitors are designed with user-friendly interfaces, making them easy to operate and interpret results. This has increased their adoption and demand, especially in resource-limited settings where access to laboratory-based blood gas analysis is limited.

Global Blood Gas Monitors Market Segmentation

Market Insight, by Product Type

  • Pulse Oximeters
  • Point-of-Care Blood Gas Analyzers
  • Arterial Blood Gas Sampling kits
  • Laboratory blood gas Analyzers
  • Others

Market Insights, by Type

  • Portable Type
  • Desktop Type

Market Insights, by End-User

  • Hospital
  • Ambulatory Surgical Centers
  • Diagnostic Centers
  • Others

Market Insight, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • APAC
    • China
    • India
    • Japan
    • Rest of APAC
  • Rest of the World

Top Company Profiles

  • Abbott
  • EDAN Instruments, Inc.
  • F. Hoffmann-La Roche Ltd
  • Instrumentation Laboratory Company
  • Radiometer India
  • Siemens Healthcare GmbH
  • Thermo Fisher Scientific Inc.
  • TECOM Analytical Systems
  • IDEXX
  • Medica Corporation

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