Abstract: A fully functional analyzing unit is included within the fluid-tight housing of a dialyzer which may be immersed in the medium to be analyzed. An opening in the housing is closed by a dialysis membrane. A channel defining body cooperates with the membrane to define a flow channel. The unit includes a carrier fluid reservoir and a carrier pump for generating a flow of carrier fluid through the flow channel. By dialysis via the membrane, the flow of carrier fluid is transformed into a flow of sample fluid which is received in a reaction channel. Reagent fluid from at least one reagent reservoir is delivered to the reaction channel by at least one reagent pump, and a detecting device is coupled to the reaction channel for detecting a reaction product originating from a reaction between the reagent fluid and the sample fluid and for generating a corresponding detection signal. Effluent from the reaction channel is received in a waste reservoir.