The arterial blood gas kits market is expected to reach US$ 773.01 million in 2028 from US$ 455.84 million in 2021 growing at a CAGR of 7.8% from 2021-2028.
The arterial blood gas kits market is expected to reach US$ 773.01 million in 2028 from US$ 455.84 million in 2021 growing at a CAGR of 7.8% from 2021-2028.
The scope of the arterial blood gas kits market includes product type, end user, and region. Based on region, the arterial blood gas kits market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South and Central America. The report offers insights and in-depth analysis of the arterial blood gas kits market emphasizing on various parameters such as market trends, technological advancements, market dynamics, and competitive landscape analysis of leading market players across the world. It also includes COVID–19 impact analysis across the regions.
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Here we have listed the top Arterial Blood Gas Kits Market companies
Becton Dickinson and Company, Radiometer Medical ApS, Smiths Medical, Vyaire Medical, Opti Medical Systems, Inc., Westmed Medical, Siemens Healthineers AG, ITL Biomedical, i-SENS, Inc., and Teleflex Incorporated amongst others.
The companies are adopting inorganic and organic growth strategies to expand their global footprints and product portfolio to meet the rising demands for the Arterial Blood Gas Kits. For instance, in Jan 2020, Siemens Healthineers has received U.S. Food and Drug Administration approval for RAPIDPoint 500e Blood Gas System. RAPIDLyte Arterial Sampling Syringes and RAPIDLyte Multicap Capillaries offered by the Siemens are compatible to use with RAPIDPoint 500e Blood Gas System. This product approval will strengthen the market position of the company.
Highlights the following key factors:
1) Business description-A detailed description of the company’s operations and business divisions.
2) Corporate strategy – Analyst’s summarization of the company’s business strategy.
3) SWOT Analysis-A detailed analysis of the company’s strengths, weakness, opportunities, and threats.
4) Company history – Progression of key events associated with the company.
5) Major products and services-A list of major products, services, and brands of the company.
6) Key competitors – A list of key competitors to the company.
7) Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company.
8) Detailed financial ratios for the past five years – The latest financial ratios derived from the annual financial statements published by the company with 7 years history.
Arterial Blood Sampling syringes utilize lithium heparin with a concentration of 23.5 I.U. per mL. The specially formulated dry lithium heparin provides the necessary anticoagulation along with minimal interference for more accurate and consistent results. The syringes are available with a broad choice of product features. There are various types of 1 ml syringe volume which has different features. For instance, Thermo Fishers Smiths Medical Pro-Vent Plus provides arterial Blood Sampling syringes utilize dry lithium heparin with a low concentration of 7 I.U. per mL. The low heparin concentration allows for healthcare professionals to obtain very small blood samples and still maintain the full range of blood gas, electrolyte, and metabolite testing with reduced heparin interference and extended clotting time.
Based on product type, the arterial blood gas kits market is segmented into 1ml (syringe volume), 3ml (syringe volume), and others. The 3ml (syringe volume) segment is likely to hold largest share of the market in 2021, also the same segment is anticipated to register the highest CAGR of 8.2% in the market during the forecast period.
Based on the end user, the arterial blood gas kits market is segmented into hospitals, clinics, and others. In 2021, hospitals segment is likely to hold largest share of the market whereas clinics segment is estimated to register the highest CAGR of 8.4% in the market during the forecast period.
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