Market Overview:
The global arterial blood gas kits market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of respiratory diseases, rising geriatric population, and technological advancements in arterial blood gas kits. By type, the 1mL syringe volume segment is expected to account for the largest share of the global arterial blood gas kits market in 2018. This segment is also projected to grow at a higher CAGR than other segments during the forecast period. By application, hospitals are expected to account for the largest share of the global arterial blood gas kits market in 2018.
Product Definition:
An arterial blood gas kit is a medical device that is used to measure the levels of oxygen and carbon dioxide in the arterial blood. The measurements obtained from an arterial blood gas kit can help doctors diagnose and treat medical conditions.
1mL (Syringe Volume):
1mL (syringe volume) is the largest unit of measure used in blood gas and IV fluid administration. It is a commonly accepted medical procedure for measuring the content of one milliliter in hospital or clinical laboratory settings. The 1 mL syringe can also be used to measure other IV fluids such as dextrose in water, normal saline, lactated Ringers’ solution, etc.
3mL (Syringe Volume):
3mL (Syringe Volume) is used in Arterial Blood Gas (ABG) kits to measure the content of oxygen and carbon dioxide in human blood. It is also used as a standard measurement for the concentration of these two components in whole blood.
The ABG test helps detect diseases such as hypercarbia, hypoxemia, and methemoglobinemia among others.
Application Insights:
The hospital application segment led the market in 2017 and is projected to expand further at a steady CAGR over the forecast period. Increasing cases of trauma, burns, cardiovascular diseases, respiratory problems and diabetes are driving the demand for ABG kits in hospitals across the world. The rising prevalence of such diseases has created a need for advanced diagnostic techniques that can help diagnose them early with minimal risk. This factor is anticipated to fuel market growth over the coming years.
Clinical settings require highly accurate blood gas analyzers that can measure precise amounts of gases accurately every time they are used which requires high quality components and sophisticated technology as well as skilled personnel to operate it correctly which is also expected to drive its demand in clinics or other healthcare facilities where it can be used by medical professionals with ease while conducting various medical procedures such as drawing blood from patients or performing emergency procedures on patients who have suffered from severe injuries or trauma during accidents etcetera resulting into increased product adoption across clinical settings globally.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period due to increasing cases of chronic diseases, rising healthcare expenditure, and availability of advanced products. In addition, growing awareness about ABG testing among patients is anticipated to propel the demand for arterial blood gas testing in this region.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to factors such as improving healthcare infrastructure and economic development that result in an increase in disposable income and subsequently rise in consumerism.
In China, according with WHO data published on 27th April 2018; COVID-19 has affected more than 9 million people thus far (outbreak date - 8/2/2018).
Growth Factors:
- Increasing incidence of respiratory diseases: The increasing incidence of respiratory diseases is one of the key growth drivers for the arterial blood gas kits market. Respiratory diseases are caused due to various factors such as air pollution, smoking, and occupational hazards. This has led to an increase in the demand for arterial blood gas kits for diagnosis and treatment purposes.
- Technological advancements: The technological advancements in the field of medical diagnostics have led to the development of novel arterial blood gas kits that are more accurate and efficient than traditional methods. This is expected to boost the growth of the arterial blood gas kits market in coming years.
- Rising awareness about early diagnosis: There is a growing awareness among people about early diagnosis and treatment options for various health conditions, including respiratory diseases. This is likely to fuel demand for arterial blood gas kits in coming years, thereby propelling market growth..
Scope Of The Report
Report Attributes
Report Details
Report Title
Arterial Blood Gas Kits Market Research Report
By Type
1mL (Syringe Volume), 3mL (Syringe Volume)
By Application
Hospital, Clinic, Other
By Companies
Becton,Dickinson and Company, Radiometer Comapany, OPTI Medical, Smiths Medical, Vyaire Medical, Westmed Medical, CareFusion(Cardinal Health)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Arterial Blood Gas Kits Market Report Segments:
The global Arterial Blood Gas Kits market is segmented on the basis of:
Types
1mL (Syringe Volume), 3mL (Syringe Volume)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Becton,Dickinson and Company
- Radiometer Comapany
- OPTI Medical
- Smiths Medical
- Vyaire Medical
- Westmed Medical
- CareFusion(Cardinal Health)
Highlights of The Arterial Blood Gas Kits Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 1mL (Syringe Volume)
- 3mL (Syringe Volume)
- By Application:
- Hospital
- Clinic
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Arterial Blood Gas Kits Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Arterial blood gas kits are a type of medical device that measure the levels of oxygen, carbon dioxide, and other gases in arterial blood. These devices can help doctors diagnose and treat conditions such as heart disease or stroke.
Some of the key players operating in the arterial blood gas kits market are Becton,Dickinson and Company, Radiometer Comapany, OPTI Medical, Smiths Medical, Vyaire Medical, Westmed Medical, CareFusion(Cardinal Health).
The arterial blood gas kits market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Arterial Blood Gas Kits Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Arterial Blood Gas Kits Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Arterial Blood Gas Kits Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Arterial Blood Gas Kits Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Arterial Blood Gas Kits Market Size & Forecast, 2018-2028 4.5.1 Arterial Blood Gas Kits Market Size and Y-o-Y Growth 4.5.2 Arterial Blood Gas Kits Market Absolute $ Opportunity
Chapter 5 Global Arterial Blood Gas Kits Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Arterial Blood Gas Kits Market Size Forecast by Type
5.2.1 1mL (Syringe Volume)
5.2.2 3mL (Syringe Volume)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Arterial Blood Gas Kits Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Arterial Blood Gas Kits Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Arterial Blood Gas Kits Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Arterial Blood Gas Kits Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Arterial Blood Gas Kits Analysis and Forecast
9.1 Introduction
9.2 North America Arterial Blood Gas Kits Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Arterial Blood Gas Kits Market Size Forecast by Type
9.6.1 1mL (Syringe Volume)
9.6.2 3mL (Syringe Volume)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Arterial Blood Gas Kits Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Arterial Blood Gas Kits Analysis and Forecast
10.1 Introduction
10.2 Europe Arterial Blood Gas Kits Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Arterial Blood Gas Kits Market Size Forecast by Type
10.6.1 1mL (Syringe Volume)
10.6.2 3mL (Syringe Volume)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Arterial Blood Gas Kits Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Arterial Blood Gas Kits Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Arterial Blood Gas Kits Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Arterial Blood Gas Kits Market Size Forecast by Type
11.6.1 1mL (Syringe Volume)
11.6.2 3mL (Syringe Volume)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Arterial Blood Gas Kits Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Arterial Blood Gas Kits Analysis and Forecast
12.1 Introduction
12.2 Latin America Arterial Blood Gas Kits Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Arterial Blood Gas Kits Market Size Forecast by Type
12.6.1 1mL (Syringe Volume)
12.6.2 3mL (Syringe Volume)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Arterial Blood Gas Kits Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Arterial Blood Gas Kits Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Arterial Blood Gas Kits Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Arterial Blood Gas Kits Market Size Forecast by Type
13.6.1 1mL (Syringe Volume)
13.6.2 3mL (Syringe Volume)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Arterial Blood Gas Kits Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Arterial Blood Gas Kits Market: Competitive Dashboard
14.2 Global Arterial Blood Gas Kits Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Becton,Dickinson and Company
14.3.2 Radiometer Comapany
14.3.3 OPTI Medical
14.3.4 Smiths Medical
14.3.5 Vyaire Medical
14.3.6 Westmed Medical
14.3.7 CareFusion(Cardinal Health)