Hi, according to what I've read about the journal of Singh et. al (2013) entitled "Blood gas analysis for bedside diagnosis", an exact diagnosis cannot be made based on blood gas analysis. Also a patient with asthma could have readings that are comparable to those of a patient with pneumonia. Another thing, the analysis does not take into account how much a patient is truly affected by an anomaly. Lastly, an early pulmonary disease screening test cannot be performed using blood gas analysis.
Frequent sampling errors like presence of air bubbles in the specimen, delay in analysis exceeding 30 minutes, and inadequate mixing resulting in clot formation may give erroneous readings.