The global blood gas and electrolyte analyzer market was valued at USD 2.93 Billion in 2024, driven by the increasing demand for quick and accurate diagnostic tools in healthcare settings across the globe. The market is anticipated to grow at a CAGR of 4.50% during the forecast period of 2025-2034, with the values likely to reach USD 4.55 Billion by 2034.
Base Year
Historical Year
Forecast Year
The market is expected to grow steadily due to rising demand for rapid diagnostic solutions in emergency care and critical treatment settings.
Advancements in miniaturisation and point-of-care technology will drive further adoption of portable and user-friendly analyzers, enhancing market growth across hospitals and clinics.
The increasing prevalence of chronic diseases and ageing populations will significantly contribute to the demand for routine monitoring and management of blood gases and electrolytes.
A blood gas and electrolyte analyzer is a diagnostic device used to measure blood gas levels, electrolytes, and metabolic parameters in critical care settings. These analyzers provide rapid and accurate results, helping healthcare professionals assess a patient's respiratory and metabolic status. Essential in emergency rooms, intensive care units, and operating theatres, they aid in timely diagnosis and treatment.
Advent of New Products to Boost Market Growth
The growing demand for point-of-care testing (POCT) solutions and portable medical devices are major drivers for the market. In May 2023, i-Check introduced its handheld blood gas electrolyte analyzer, a pioneering product developed by B&E Bio-Technology. This portable, dry blood gas analyzer integrates advanced technologies such as microfluidic control, integrated electrodes, and standard liquid microencapsulation. It is designed for use in various settings, including ambulances, field hospitals, and at the bedside. B&E has successfully prepared for mass production and is now seeking business partnerships in both domestic and international markets. The successful commercialisation of this portable solution will significantly drive the market, particularly in emergency and remote care settings, by expanding the reach of blood gas testing. As the market continues to evolve, this innovation is poised to foster substantial growth in the global blood gas and electrolyte analyzer market during the forecast period.
The market is witnessing several trends and developments to improve the current scenario. Some of the notable trends are as follows:
The market report offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
Market Breakup by End User
Market Breakup by Region
Market Segmentation Based on Products to Witness Substantial Growth
By product, the market is diversified into several categories, each catering to different needs and applications within healthcare. It includes blood gas analyzers, electrolyte analyzers, and combination analyzers, which are essential for diagnosing and monitoring critical and chronic conditions, while consumables ensure the continuous operation and maintenance of these devices. Blood gas analyzers are specialized devices designed to measure the levels of gases in the blood, such as oxygen (O2), carbon dioxide (CO2), and pH. These analyzers provide vital information for managing respiratory, metabolic, and critical care patients.
North America is expected to hold the largest market share due to the region's advanced healthcare infrastructure, high demand for point-of-care diagnostics, and the prevalence of chronic diseases. The increasing adoption of portable and efficient analyzers in hospitals and emergency settings, alongside a strong focus on medical innovations, further propels growth in North America.
The key features of the market report comprise patent analysis, clinical trials analysis, grants analysis, funding and investment analysis, and strategic initiatives by the leading players. The major companies in the market are as follows:
Headquartered in Chicago, Illinois, Abbott Laboratories was founded in 1888. The company is a global leader in healthcare, providing a broad range of diagnostic products, including blood gas and electrolyte analyzers. Abbott’s portfolio includes the i-STAT System, a portable analyser offering rapid and accurate results for critical care settings, driving innovation in point-of-care diagnostics.
Meizhou Cornley High-Tech Co., Ltd., established in 2005, is based in Meizhou, China. Specialising in medical diagnostic equipment, the company develops and manufactures blood gas and electrolyte analyzers for use in hospitals and clinics. Cornley’s product range includes user-friendly, cost-effective devices aimed at providing reliable diagnostic results for medical professionals and enhancing patient care.
Founded in 1935 and headquartered in Copenhagen, Denmark, Radiometer Medical ApS is a global leader in medical diagnostics. The company offers a comprehensive range of blood gas and electrolyte analyzers, including advanced systems like the ABL90 FLEX, which provides rapid and accurate measurements in critical care environments. Radiometer is known for its innovations in blood analysis technology.
EDAN Instruments was founded in 1995 and is headquartered in Shenzhen, China. The company focuses on developing diagnostic and medical devices, including blood gas and electrolyte analyzers. EDAN’s portfolio features advanced, portable analyzers designed for both hospital and point-of-care use, providing accurate results with a focus on improving healthcare accessibility and efficiency.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the market include ERBA Diagnostics Mannheim GmbH, F. Hoffmann-La Roche Ltd, Fortress Diagnostics Ltd., WerfenLife, S.A, LifeHealthcare Pty Limited, Medica Corporation, OPTI Medical Systems, Inc., Sensa Core Medical Instrumentation Private Limited, and Siemens Healthineers AG.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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