Product Overview

Next-generation blood gas monitors are devices that measure arterial oxygen tension (pO2), carbon dioxide tension (pCO2), and acidity (pH). These values help doctors diagnose diseases like shock, drug overdose, and pulmonary disorders. The Next Generation Blood Gas Monitors are critical gadgets in the hospital's CCU and ICU units. The market for Next Generation Blood Gas Monitors has progressed from single parameter table-top devices to technologically advanced compact hand-held devices throughout time. Aside from standard blood gas monitors, next-generation monitors can also monitor glucose levels and calculate factors like the P/F ratio and temperature compensated gases. The capacity for patients to measure blood glucose and monitor blood gases directly, regularly, and readily allows for better patient management and early intervention.

Market Highlights

Global Next Generation Blood Gas Monitors System Market is expected to project a notable CAGR of XX% in 2030.

Global Next Generation Blood Gas Monitors System Market to surpass USD XX billion by 2030 from USD XX billion in 2020 at a CAGR of XX% in the coming years, i.e., 2021-30. The increased rate of hospital admissions, the expanding elderly population, and the rise in the prevalence of chronic diseases are the primary drivers driving the expansion of next-generation blood gas monitors. Other factors driving the market for next-generation blood gas monitoring systems in the coming years include rising healthcare expenditures and the advancement of innovative technology.

Global Next Generation Blood Gas Monitors System Market: Segments

Portable segment to grow with the highest CAGR during 2020-30

Global Next Generation Blood Gas Monitors System Market is segmented by type into portable and benchtop. Portable segment held the largest market share in the year 2020 due to features such as low maintenance, better error detection as well as consistent quality control.

Hospitals segment to grow with the highest CAGR during 2020-30

Global Next Generation Blood Gas Monitors System Market is divided by application into hospitals, clinical laboratories, cardiac centers, and others. Over the forecast period, the hospital segment is projected to expand at the fastest pace. The increased rate of hospital admissions, the expanding elderly population, and the rise in the prevalence of chronic diseases are the primary drivers driving the hospital segment.

Market Dynamics

Drivers

Changing consumption pattern and government regulations

The market for next-generation blood gas monitors is characterized by trends such as the advent of technologically advanced, sleek hand-held devices with quick turnaround times. Trends such as an increase in the use of combined Next Generation Blood Gas Monitors, which analyses electrolyte parameters as well as blood gas, and manufacturers consistently focusing on developing user-friendly and automated devices that provide accurate results in a short amount of time are also changing the market scenario; these factors are expected to dominate the market.

Diseases caused by pest and rodents

The rising number of hospital admissions related to the growing elderly population and rising incidence of chronic diseases is the key driver of the worldwide blood gas Monitors market. Second, over the forecast period, the market for Next Generation Blood Gas Monitors systems would rise due to rising healthcare expenditure levels and the adoption of innovative technology.

Restraint

High cost associated with the market and regulatory concerns

Stringent regulatory regulations in some countries, as well as an increase in the cost of point-of-care devices, are limiting market growth in a negative way.

Global Next Generation Blood Gas Monitors System Market: Key Players

Erba

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

Bayer

Radiometer Medical

Convergent

Abbott Point of Care

Alere

Nova Biomedical

Roche

Samsung

Other Prominent Players

Global Next Generation Blood Gas Monitors System Market: Regions

Global Next Generation Blood Gas Monitors System Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Global Next Generation Blood Gas Monitors System Market in Europe held the largest market share in the year 2020. Growing technical breakthroughs highly established healthcare infrastructure, and an increased number of market players are all contributing to market expansion in these regions. The market's growth is further aided by the increasing number of product advancements developed in this industry. The next-generation blood gas monitors that are accessible in North America and Western Europe have been found to have the ability to integrate with the hospital's EMR system, which aids in improving workflow.

Global Next Generation Blood Gas Monitors System Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Global Next Generation Blood Gas Monitors System Market report also contains analysis on:

Next Generation Blood Gas Monitors System Segments:

By Type

Portable

Bench Top

By Application

Hospitals

Clinical laboratories

Cardiac centers

Others

Next Generation Blood Gas Monitors System Market Dynamics

Next Generation Blood Gas Monitors System Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Next Generation Blood Gas Monitors System Market Report Scope and Segmentation

Frequently Asked Questions

How big is the Next Generation Blood Gas Monitors System market

What is the Next Generation Blood Gas Monitors System market growth

Which segment accounted for the largest Next Generation Blood Gas Monitors System market share

Who are the key players in the Next Generation Blood Gas Monitors System market

What are the factors driving the Next Generation Blood Gas Monitors System market

Contents

1. Executive Summary

2. Global Next Generation Blood Gas Monitors System Market

1. Product Overview

2. Market Definition

3. Segmentation

4. Assumptions and Acronyms

3. Research Methodology

1. Research Objectives

2. Primary Research

3. Secondary Research

4. Forecast Model

5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

1. Growth Drivers

2. Restraints

3. Opportunity

4. Trends

7. Correlation & Regression Analysis

1. Correlation Matrix

2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

1. Demand Risk Analysis

2. Supply Risk Analysis

10. Global Next Generation Blood Gas Monitors System Market Analysis

1. Porters Five Forces

1. Threat of New Entrants

2. Bargaining Power of Suppliers

3. Threat of Substitutes

4. Rivalry

2. PEST Analysis

1. Political

2. Economic

3. Social

4. Technological

11. Global Next Generation Blood Gas Monitors System Market

1. Market Size & forecast, 2020A-2030F

1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12. Global Next Generation Blood Gas Monitors System Market: Market Segmentation

1. By Regions

1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. By Type: Market Share (2020-2030F)

1. Portable, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Bench Top, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. By Application: Market Share (2020-2030F)

1. hospitals, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. clinical laboratories, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. cardiac centers, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

Company Profile

1. Erba

1. Company Overview

2. Company Total Revenue (Financials)

3. Market Potential

4. Global Presence

5. Key Performance Indicators

6. SWOT Analysis

7. Product Launch

2. Bayer

3. Radiometer Medical

4. Convergent

5. Abbott Point of Care

6. Alere

7. Nova Biomedical

8. Roche

9. Samsung

10. Other Prominent Players

Consultant Recommendation

**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)