Global Next Generation Blood Gas Monitors System Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Bench Top and Portable.

By Application;

Next Generation Blood Gas Monitors, and Combined Next Generation Blood Gas Monitors.

By End User;

Hospitals, Cardiac Centers, Clinical Laboratories, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn685751121 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Next Generation Blood Gas Monitors System Market (USD Million), 2021 - 2031

In the year 2024, the Global Next Generation Blood Gas Monitors System Market was valued at USD 745.39 million. The size of this market is expected to increase to USD 1362.59 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.0%.

The Global Next Generation Blood Gas Monitors System Market represents a dynamic and rapidly evolving segment of the healthcare industry, focusing on advanced diagnostic tools essential for critical care and various medical applications. Blood gas monitors measure vital parameters such as pH, oxygen, and carbon dioxide levels in blood, providing crucial information about a patient’s respiratory and metabolic state. The next-generation systems incorporate state-of-the-art technologies, including automated calibration, enhanced sensor accuracy, and integration with electronic health records, offering significant improvements over traditional monitoring devices.

One of the primary drivers of market growth is the increasing prevalence of chronic diseases such as chronic obstructive pulmonary disease (COPD), asthma, and cardiovascular conditions. These diseases often require continuous monitoring of blood gas levels to manage patient health effectively. The aging global population further exacerbates the demand for advanced blood gas monitors, as older individuals are more susceptible to chronic ailments and require regular medical attention. Additionally, the rising healthcare expenditure and the push for better patient outcomes are fueling the adoption of next-generation diagnostic tools.

Technological advancements play a pivotal role in shaping the Global Next Generation Blood Gas Monitors System Market. Innovations such as point-of-care testing, telemedicine, and integration with artificial intelligence are expanding the capabilities and applications of blood gas monitors. These advancements not only enhance diagnostic accuracy but also improve the efficiency of healthcare delivery. As healthcare providers increasingly recognize the benefits of precise and reliable blood gas monitoring, the market is poised for substantial growth, driven by the continuous quest for improved patient care and clinical outcomes.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Next Generation Blood Gas Monitors System Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements
        2. Increasing chronic diseases
        3. Growing aging population
        4. Rising healthcare expenditure
        5. Enhanced diagnostic accuracy
      2. Restraints
        1. High equipment costs
        2. Limited healthcare infrastructure
        3. Stringent regulatory requirements
        4. Skilled personnel shortage
        5. Economic instability concerns
      3. Opportunities
        1. Emerging market expansion
        2. Telemedicine integration possibilities
        3. Advancements in AI
        4. Point-of-care innovations
        5. Personalized medicine growth
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Next Generation Blood Gas Monitors System Market, By Product Type, 2021 - 2031 (USD Million)
      1. Bench Top
      2. Portable
    2. Global Next Generation Blood Gas Monitors System Market, By Application, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Cardiac Centers
      3. Clinical Laboratories
      4. Others.
    3. Global Next Generation Blood Gas Monitors System Market, By End User, 2021 - 2031 (USD Million)
      1. Next Generation Blood Gas Monitors
      2. Combined Next Generation Blood Gas Monitors.
    4. Global Next Generation Blood Gas Monitors System Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Siemens Healthineers
      2. Abbott Laboratories
      3. Radiometer Medical
      4. Instrumentation Laboratory
      5. Nova Biomedical
  7. Analyst Views
  8. Future Outlook of the Market