India Point of Care Blood Gas and Electrolyte Market Dynamics and Application: Market Size is $157.23 Million in 2024

India Point of Care Blood Gas and Electrolyte Market Overview

According to Global Market Monitor, the global point of care blood gas and electrolyte market size will reach $157.23 million in 2024 with a CAGR of 12.19% from 2024 to 2029.Point-of-care blood gas and electrolyte analyzers help to measure different parameters of whole blood samples, such as blood gas (pCO2 and pO2), pH, and electrolytes.

The Increase in Chronic Diseases Stimulates the Demand for Blood Gas and Electrolytes.

Older populations are more susceptible to infectious diseases, and they need to continuously monitor their vital signs during treatment to avoid any health complications. According to the World Health Organization, the proportion of people over 60 years of age will increase to 22% of the global population by 2050, and about 80% of older people in 2050 will live in low - and middle-income countries. These figures show a significant increase in the elderly population, the majority of whom will live here. Therefore, the increasing incidence of blood cancers, diabetes, and other blood-related diseases as the population ages is also expected to drive the demand for electrolyte machines, glucose analyzers, and other blood gas analyzer equipment.

According to the World Health Organization, 60% of the world's diabetic population is located in the Asia-Pacific region, with China's POC blood gas and electrolytes market holding the largest market share, while the Indian POC blood gas and electrolytes market is the fastest growing market in the Asia-Pacific region.

Market News

In May 2024, Radomide partnered with Etiometry to enhance workflow and clinical decision-making in hospitals and healthcare facilities. The collaboration involves integrating Radomide 's acute care diagnostics with the Etiometry platform to improve critical care Settings for blood gas analysis.

Application Fields

In the hospital, the area where patients receive ventilation is the area where immediate blood gas and electrolyte devices are most commonly used. The expansion of the point-of-care blood gas and electrolyte equipment market is driven by an increase in neonatal intensive care units, intensive care units, CVOR, and emergency department treatments. In addition, the increasing incidence of cancer and chronic diseases is driving the market expansion.

In the rapidly evolving field of healthcare technology, blood gas analyzers have become an indispensable tool in clinical laboratories, providing real-time insight into a patient's respiratory and metabolic status. The growing demand for accurate and efficient diagnostic tools has driven the development of innovative blood gas analyzers to meet the specific needs of healthcare professionals. These advances include improved accuracy, reduced turnaround times, and integration with hospital information systems. The clinical laboratory market for blood gas analyzers continues to expand due to the overall drive for precision monitoring, chronic disease management, and improved patient outcomes in critical care settings.

By Type	Consumables
	Instruments
	The consumables segment holds the largest market share.
By Application	Hospitals & Clinics
	Research Institutions
	Others
	The largest segment by application is the segment of hospitals & clinics.

For more industry information, please refer to our latest released "2023 Global Point of Care Blood Gas and Electrolyte Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".