April 2022 | Libya News
- Installations of Blood Gas Analyzers and POC Immunoassay Analyzers in Libya are expected to grow as demand for technologically advanced products with an extensive testing menu is rising within the healthcare facilities.
- Owing to the increasing demand for POC and fully automated analyzers, the Blood Gas Analyzer, and POC Immunoassay Analyzer market is expected to grow at a decent growth rate in the next few years.
- Rise in the number of patient visits in hospitals coupled with a surge in the number of treatments needing testing for the appropriate diagnosis will boost the market growth in Libya.
Increasing Disease Prevalence in Libya: Cardiovascular diseases are the leading cause of death amongst the Libyan Population. Cardiovascular Diseases are a major public health concern with significant social and economic implications in terms of healthcare -needs, lost productivity, and premature death, therefore the testing for such parameters is on the rise in Libya which is supporting the growth of these diagnostic devices (BGA and IAA) in the hospitals and independent labs in the country. The continuous need for improving the quality of healthcare in Libya is also the factor that is driving the market.
Libya Diagnostics (BGA, POC) Devices Market Future Outlook
Libya’s Elevating Healthcare Infrastructure: Libya’s growing healthcare infrastructure is boosting the Blood Gas and POC Immunoassay Analyzer Market in Libya. In preparation for a new United Nations Sustainable Development Cooperation Framework for Libya (2023—2025), the UN in Libya analyzed the changing context and needs through the 2021 CCA in close coordination with humanitarian and peacebuilding actors. The new Cooperation Framework should guide the UN’s collective development, stabilization, resilience, and peacebuilding interventions for the coming years in support of the Government and people of Libya. Libya’s growing healthcare infrastructure has been attracting major players from around the world to meet the growing demand for blood gas and POC immunoassay analyzers equipments in the country.
Future of Blood Gas Analyzers and POC Immunoassay Analyzers Market in Libya: The blood Gas Analyzers and POC Immunoassay Analyzers Market is expected to grow at a positive CAGR during 2021-2026F. Technological innovations and an extensive testing menu on a single device will be the major growth drivers for this market in Libya. POC and handheld devices are gaining popularity in the private sector healthcare facilities and are expected to grow significantly in the country. The new generation of POC devices in the future would be the handheld, wireless solution to enable comprehensive blood analysis testing with results in less than a minute.
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
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Companies Covered:
Equipment Manufacturers
- Roche Diagnostics
- Abbott
- Siemens
- Nova Biomedical
- Radiometer
- Medical
- Opti Medical
- Werfen
- Edan
Key Topics Covered in the Report
- 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)
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Ankur Gupta, Head Marketing & Communications
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