In Vitro Diagnostics Segment, by Application to Account the Largest Share in Arterial blood gas kits Market during 2023-2031
According to our new research study on "Arterial Blood Gas Kits Market Forecast to 2031 - Global Analysis - by Syringe Type, Type, Usage, Application, Needle Gauge, Syringe Volume, and End User," the market is expected to grow from US$ 712.46 million in 2023 to US$ 1,298.07 million by 2031; it is anticipated to record a CAGR of 7.8% from 2023 to 2031. The arterial blood gas kits market report emphasizes trends prevalent in the global market, along with drivers and deterrents affecting its growth.
Increasing Development of Safe & Automated Kits and Integration of Electronic Medical Records Acts as a Trend of Arterial Blood Gas Kits Market Growth
Modern compact arterial blood gas analyzers have the potential to enhance workflow efficiency and improve patient outcomes by facilitating prompt diagnosis and treatment initiation. The kits leverage advanced technologies to provide precise measurements, quality assurance features, and connectivity options for data management and integration with electronic medical records (EMR). Further, arterial blood gas kits can be equipped with wireless connectivity options, which allows them to be seamlessly integrated with the EMR of a hospital information system (HIS). The integration revolutionizes the diagnostic process, empowering healthcare providers with immediate data insights and enabling timely interventions that enhance patient management and clinical decision-making. The burgeoning popularity of telehealth and remote monitoring activities further encourages companies to focus on developing kits that are user-friendly so that they can reduce human errors and improve the overall usability of the product. They are incorporating automated quality control mechanisms and calibration processes in kits to minimize errors and maintain consistent kit performance. The companies may also integrate kits with safety features such as sample volume monitoring, built-in error detection algorithms, and automatic system checks to ensure the reliability of arterial blood gas kits. In addition, arterial blood gas kits can be introduced with integrated sensors and analyzers that can quickly and accurately measure parameters such as partial pressure of oxygen (pO2), electrolytes, partial pressure of carbon dioxide (pCO2), and pH. Thus, the development of user-friendly and automated kits and the integration of EMR with them are likely to emerge as a notable trend in the arterial blood gas kits market in the future.
Based on syringe type, the arterial blood gas kits market is bifurcated into luer slip syringe and luer lock syringe. The Luer lock syringe segment held a larger share of the market in 2023.
The arterial blood gas kits market, by type, is bifurcated into vented and non-vented. The vented segment held a larger share of the market in 2023.
The arterial blood gas kits market, by usage, is bifurcated into pre-set plunger mode and manual aspiration. The pre-set plunger mode segment held a larger share of the market in 2023. Pre-set syringes are single-use sterile blood collection syringes with needles intended explicitly for the collection, primary containment, and preservation of blood specimens derived from the human body for in-vitro examinations. The device includes a user-activated safety shield to reduce the risk of an accidental needle stick injury. Pre-set plunger mode allows healthcare professionals to set the required volume of blood for tests. Therefore, healthcare professionals can achieve consistent and accurate sample collection, reducing the risks of errors or variability in the blood volume required. Pre-setting the volume also lowers the time required for manual adjustments and increases the ease of use, which in turn contributes to patient's comfort. Pre-set plunger mode ensures enhanced accuracy, efficiency, and safety during arterial blood gas sampling procedures.
The arterial blood gas kits market, by application, is bifurcated into in vitro diagnostics and electrolyte analysis. pH blood gas, oxygen content, and others are the subsegments elaborated under the in vitro diagnostics segment. The in vitro diagnostics segment held a larger share of the market in 2023. Arterial blood gas kits for in vitro tests are designed to measure and analyze the levels of electrolytes, pH, partial pressure of oxygen (PaO2), partial pressure of carbon dioxide (PaCO2), bicarbonate (HCO3-), and base excess (BE) from arterial blood samples, which helps healthcare professionals assess a patient's acid-base balance, oxygenation, and overall respiratory functions. Additionally, pH analysis using arterial blood gas is a crucial in vitro test for monitoring patients' acid-base balance, gas exchange effectiveness, and voluntary respiratory control in clinical settings. The kits with pH measurement capabilities allow healthcare professionals to obtain real-time information about a patient's respiratory and metabolic status.
The market, by syringe volume, is divided into 1 ml, 3 ml, and others. The 3 ml segment held the largest market share in 2023.
The arterial blood gas kits market, by needle gauge, is divided into less than 23G, 23G to 25G, and greater than 25G. The 23G to 25G segment held the largest share of the arterial blood gas kits market in 2023.
The market, by end user, is divided into hospitals and clinics, diagnostic laboratories, and others. The hospitals and clinics segment held the largest arterial blood gas kits market share in 2023.
Radiometer Medical ApS, Vyaire Medical Inc, Opti Medical Systems, Siemens Healthineers AG, AdvaCare Pharma USA LLC, Becton Dickinson and Co, ICU Medical Inc, SunMed Group Holdings LLC (AirLife), Trudell Healthcare Solutions Inc., SARSTEDT AG & Co KG, Lepu Medical Technology Beijing Co Ltd, and Levram Lifesciences Pvt. Ltd are among the leading companies operating in the global arterial blood gas kits market.
Companies operating in the arterial blood gas kits market adopt various organic and inorganic strategies. Organic strategies mainly include product launches and product approvals. Acquisitions, collaborations, and partnerships are among the inorganic growth strategies witnessed in the arterial blood gas kits market. These growth strategies allow the market players to expand their businesses and enhance their geographic presence, thereby contributing to the overall arterial blood gas kits market growth. Further, acquisition and partnership strategies help them strengthen their customer base and expand their product portfolios.
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