According to the report titled ‘Global Blood Gas and Electrolyte Analyzers Market Size study, by Product (Benchtop Blood gas and electrolyte analyzers, Portable Blood gas and electrolyte analyzers) by End Use (Clinical Laboratories, Point of Care) and Regional Forecasts 2021-2027’, available with MarketStudyReport, global blood gas and electrolyte analyzers market is anticipated to grow at a significant rate during 2021-2027.
 

Rising number of patients in surgical units, ICUs (Intensive Care Units), emergency care, and other settings, as well as a spike in the proportion of elderly individuals, are all contributing to the expansion of global blood gas and electrolyte analyzers market.
 

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To this effect, the Department of Economic and Social Affairs of the United Nations stated that the number of elderly people aged 65 years and more is predicted to increase to 1.5 billion by 2050, up from 703 million in 2019.
 

For the unversed, analyzers detect minerals, pH, blood gas, and even specific compounds in whole blood collections. In blood gas/pH analyzers, capacitors are frequently employed to measure CO2 pressure imbalance, latent vapor pressure, and acidity present in the plasma.
 

Escalating technological discoveries and developments, as well as growing adoption of integrated systems and offloads are projected to augment the market over the projection period. 
 

On the downside, worldwide blood gas and electrolyte analyzers market growth is likely to be hampered over the forecast timeframe of 2021-2027 because of a large involvement of expenses in healthcare expenditure and continual regulatory interventions in the medical sector.
 

Considering the geographical scope, North America holds a prominent market share currently, owing to increasing availability of skilled professionals in the medical sector. Parallelly, Asia Pacific market is expected to develop at a fast rate between 2021 and 2027. Factors such as high healthcare spending will propel the industry to new heights.
 

Speaking of the competitive landscape, top-tier players in the global blood gas and electrolyte analyzers market include OPTI Medical Systems Inc., Siemens AG, Bayer Crop Science LLC, Medica Corporation, Radiometer Medical, F. Hoffmann-La Roche AG, Edan Instruments Inc., NovaStat, ERBA Diagnostics Mannheim GmbH, and Samsung Group among others.