Global Market Research Reports : Ken Research: Blood Gas analyzer Market Libya

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Tuesday, July 12, 2022

Advancing technologies in medical diagnostic testing, growing testing menu on a single device, demand from public sector driving the Libya Blood Gas Analyzer and POC Immunoassay Analyzer Market in Libya: Ken Research

April 2022 | Libya News

Impact of Digital Technologies: In the last few years healthcare facilities in Libya have made significant progress toward improving and transitioning from conventional to digital technologies. An increasing number of patients undergoing medical diagnostic testing procedures are also a factor contributing to the market growth for Blood Gas Analyzers and POC Immunoassay Analyzers Devices in Libya. Healthcare facilities are moving towards fully automated and POC Devices that are portable. The majority of the healthcare facilities are now transitioning towards the newer generation of devices that can be easily linked with their HIS or LIS to ensure a smooth flow of operations.

Libya Immunoassay Analyzer Market Analysis: In 2020, the onset of COVID-19 brought panic and chaos within healthcare facilities. Healthcare facilities in Libya shifted their focus from general procedures to COVID-only treatment, burdening the already installed immunoassay analyzers for COVID-19 testing. The average number of tests conducted in a day on these devices increased due to the lack of COVID-19 testing kits and equipment in Libya.

New Testing Techniques: New techniques for testing are being developed by manufacturers to broaden their testing parameters which are – Immuno-PCR: ELISA and real-time PCR (RT-PCR) by conjugating the detection antibody to an oligo. Chemiluminescence immunoassay analyzers – accurately and sensitively analyze the sample using low analyte concentration. Companies are continuously focusing on developing their devices to increase their testing parameters and provide an exhaustive testing menu for a single device.

Integration of national NGOs into the health sector: The health sector remains to be one of the sectors with minimum operational presence and response by national NGOs. In 2021, the health sector focused on the identification and reaching out to the potential national NGOs with capabilities to manage and implement health projects. The following organizations were recommended for consideration by the health sector for joint planning and response: Psychosocial Support team; Organization of Development Pioneers; Alsafwa; Migrate.

The report titled “Libya Blood Gas Analyzer and Immunoassay Analyzer Market Outlook to 2026F” by Ken Research suggested that the Blood Gas Analyzer and Immunoassay Analyzer market is expected to grow at a positive double-digit CAGR over the next few years. The market size on the basis of installed units for Blood Gas Analyzers and POC Immunoassay Analyzers in Libya is expected to grow over the next few years owing to the high demand for such devices in the country.

Key Segments Covered

Blood Gas Analyzer

By Installed Base
By Type of Product
By Type of Workload
By Type of Device
By type of Sales Model
By type of Hospital
By End User

POC Immunoassay Analyzer

By Installed Base
By Type of Product
By type of Sales Mode
By End User

Key Target Audience

Healthcare Industry
Medical Device Manufacturing Companies
Medical Device Distributors
Hospitals
Multi-specialty and Super Specialty Clinics
Diagnostic Centers
Sleep Labs Centers
Home Healthcare Centers

Time Period Captured in the Report:

Base Year: 2021
Forecast Period: 2022F–2026F

Request For Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTc0NDMz

Companies Covered:

Equipment Manufacturers

Roche Diagnostics
Abbott
Siemens
Nova Biomedical
Radiometer
Medical
Opti Medical
Werfen
Edan

Key Topics Covered in the Report

Libya Blood Gas Analyzer Equipment Market Revenue
Libya Diagnostic Device (BGA and POC IAA) Introduction
Market Ecosystem
Value chain Analysis
Major Challenges in LIBYA Diagnostic Device (BGA and POC IAA) Market
Detailed Analysis of Blood Gas Analyzer Market in LIBYA (Market Size, 2021; Market Segmentation; Market Shares; Product Comparison; Competition; Future Market Size, 2026F)
Detailed Analysis of Immunoassay Analyzer Market in LIBYA (Market Size, 2021; Market Segmentation; Market Shares; Product Comparison; Competition; Future Market Size, 2026F)

UAE Blood Gas, Immunoassay Analyzer, And Transcutaneous Monitoring Market Outlook To 2025- Rising Demand For Quality Healthcare And Growing Privatization In The Healthcare Sector Will Drive The Medical Diagnostic Equipment Market In UAE

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Ken Research

Ankur Gupta, Head Marketing & Communications

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Thursday, July 7, 2022

Libya Blood Gas Analyzer and POC Immunoassay Analyzer Market Size, Share & Trends Analysis Report By Application, By Region And Forecast Till- 2026: Ken Research

The report titled “Libya Blood Gas Analyzer and POC Immunoassay Analyzer Market Outlook to 2026F – Rising demand of medical devices post-pandemic and reforming Healthcare Sector” provides a comprehensive analysis of the Diagnostic Equipments used in ICUs and NICUs. The report also covers an overview and genesis of the industry, product-wise market size in terms of the installed base; market segmentation by type of product, type of device, type of workload, type of sales model, type of hospital, type of region and by type of end-users; issues and challenges and comparative landscape including competition scenario, market shares of major brands based on Installed base, opportunities, and bottlenecks in Libya. The report concludes with future market projections of each product segmentation.

Libya Diagnostic Device Market (BGA and POC-IAA) Overview and Size:

Libya Diagnostic Device market to show a steady growth rate over the review period 2021-2026F supported by an increase in population in the country along with the transition of healthcare facilities from central lab devices to POC Devices. Improvement in healthcare infrastructure is also going to generate demand for such products in Libya.

Detailed Analysis of the Blood Gas Analyzer (BGA) Market:

Libya has a large installed base for blood gas analyzers owing to the presence of 97+ hospitals in the country. Libya BGA Market is an import-driven market, mainly importing from European countries, requiring registration and mandatory certificate from the Libya Ministry of Health. It is a concentrated market, largely occupied by Opti Medical and Radiometer devices. Most Devices in the market are Central Lab Devices.

Libya Blood Gas Analyzer (BGA) market is set to grow at a CAGR of 10.5% in terms of Installed base over the period 2021-2026F. Many Chinese, Japanese, and Korean companies are eyeing the Libya BGA Market as these devices are low in terms of price. Advancing technologies in the BGA market such as Portable equipment and AI for digital systems would help raise the sales volume.

Libya Blood Gas Analyzer (BGA) Market Segmentations:

By Product: Central Lab Devices have dominated the market in terms of installations in 2021, due to the majority of tests being conducted in the hospitals.

By Sales Model and Workload: Consumable Model contributed the majority percentage share in terms of installations in 2021. BGA market has a low percentage for the outright sale model and high installation for Medium to High Sample Size Analyzers with government and private hospitals, which are offered by the benchtop devices such as CCA-TS2 series by Opti Medical.

By Type of End Users: Hospitals have a higher installed base over independent labs, specifically Government hospitals with >80% of the market captured in Libya since BGA has a higher testing demand for overnight admitted patients and such devices are required for patients in ICUs and NICUs.

Detailed Analysis of the Libya POC Immunoassay Analyzer (IAA) Market

POC Immunoassay Analyzer market is growing at a steady pace in Libya with major devices imported from European countries. It is a concentrated market with Boditech Med leading the market in Libya with high-quality devices, which are rich in features. There are other Chinese and Korean companies operating in the market. iChroma from Boditech Med is a popular choice for most end users.

POC IAA Market is expected to grow at a CAGR of 13.7% owing to technological advancements and standardizing protocols. Devices are advancing continuously in terms of size and operating parameters and are expected to see low maintenance and high-quality multi-parametric device in the future.

Libya POC Immunoassay Analyzer (IAA) Market Segmentations:

By Product: POC Benchtop has slightly dominated the market in terms of installations in 2021. However, POC Handheld IAA is also becoming a popular choice.

By Sales Model: IAA market has a high percentage for the outright sale model. Since the device costs are low for POC-IAA in Libya hence, they are majorly sold through the outright model with variations in the no. of tests and types of tests conducted on each machine.

By Type of End users: Majority of the POC Immunoassay is sold via Tender based process fairly addressing both hospitals and clinics & independent labs as the end-users, with equivalent load in terms of tests in both private and public hospitals in Libya.