Gastroesophageal pH Meters Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 5.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Gastroesophageal pH Meters Market Analysis
The Gastroesophageal pH meter Market is expected to register a CAGR of 5.5% during the forecast period owing to factors such as rising adoption of in vivo measurement for the gastroesophageal reflux diseases and high prevalence of gastrointestinal disorders globally.
Moreover, rising health concerns among the population is also a key driver in gastroesophageal pH meter market. For instance, in 2016 a study on esophageal testing shows that gastroesophageal reflux disease is the most common upper gastrointestinal tract disorder with a prevalence of about 20% in the United States. Furthermore, technological advancement with pH meter will also fueling the gastroesophageal market. For instance, Diversatek, Inc. has a technologically advanced product ZepHr® Impedance/pH Reflux Monitoring System which has high contrast, backlit screen and easy use helps in measuring the pH of esophagus. In addition, introduction of advanced pH meters like wireless and portable pH meter will also show a lucrative opportunity in gastroesophageal pH meter market. However high cost of Ph meter and few complications related to the use of pH meter may restrain the market.
Gastroesophageal pH Meters Market Trends
This section covers the major market trends shaping the Gastroesophageal pH Meters Market according to our research experts:
Portable pH meter dominates the Gastroesophageal pH meter Market
- Portable pH meter dominates the market attributed to highly preferable due to its compatibility and poor tolerance of catheter-based pH test, leading to the adoption of wireless pH test. Moreover, precise results with easy to use portable pH meter will drive the overall market.
- Technological advancement in the gastroesophageal pH meter is promoting the growth of the market for example bravo capsule which contains an acid-sensing probe, transmitter and battery which measure the pH level. For instance, a company name Medtronic has a product Bravo™ Reflux Capsule which helps in the diagnosis of gastroesophageal reflux diseases.
- In addition, with the rising prevalence of gastroesophageal reflux diseases worldwide is leading to the adoption of portable pH meter for evaluation of reflux diseases thereby propelling the overall segment growth.
North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period
North America expected to hold a major market share in the global gastroesophageal pH meter market due to increasing incidences of gastroesophageal reflux diseases. As according to the Global health Data Exchange, there were around 1.89 million gastroesophageal reflux diseases people in 2016 which were increased to 1.91 million in the United States leading to adoption of gastroesophageal pH meters for evaluation of disease.
Moreover, health concern and rising awareness about healthcare, increasing healthcare expenditure and presence of well-established healthcare infrastructure is also fueling the growth of the overall regional market to a large extent.
Gastroesophageal pH Meters Industry Overview
The Gastroesophageal pH meter Market is fragmented competitive and consists of several major players. In terms of market share, few of the major players are currently dominating the market. Some of the companies which are currently dominating the market are Thermo Fisher Scientific, Medica S.p.A, Diversatek, Inc., EB Neuro S.p.A, Laborie, Inc, Medtronic, METTLER TOLEDO and Metrohm.
Gastroesophageal pH Meters Market Leaders
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Thermo Fisher Scientific
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Medica S.p.A
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Diversatek, Inc.
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EB Neuro S.p.A
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Laborie, Inc
*Disclaimer: Major Players sorted in no particular order
Gastroesophageal pH Meters Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 High Prevalence of Gastrointestinal Disorders
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4.2.2 Rising Health Concerns
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4.3 Market Restraints
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4.3.1 High Costs of pH Meters
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4.3.2 Lack of Skilled Physicians
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4.4 Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Portable pH meters
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5.1.2 Bench top pH meters
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5.1.3 Continuous pH meters
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5.2 By Test Type
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5.2.1 Catheters
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5.2.2 Wireless
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5.3 By Application Type
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5.3.1 Biotechnology
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5.3.2 Pharmaceuticals
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5.3.3 Others
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5.4 Geography
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5.4.1 North America
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5.4.1.1 United States
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5.4.1.2 Canada
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5.4.1.3 Mexico
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5.4.2 Europe
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5.4.2.1 Germany
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5.4.2.2 United Kingdom
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5.4.2.3 France
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5.4.2.4 Italy
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5.4.2.5 Spain
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5.4.2.6 Rest of Europe
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5.4.3 Asia-Pacific
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5.4.3.1 China
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5.4.3.2 Japan
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5.4.3.3 India
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5.4.3.4 Australia
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5.4.3.5 South Korea
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5.4.3.6 Rest of Asia-Pacific
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5.4.4 Middle-East and Africa
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5.4.4.1 GCC
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5.4.4.2 South Africa
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5.4.4.3 Rest of Middle-East and Africa
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5.4.5 South America
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5.4.5.1 Brazil
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5.4.5.2 Argentina
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5.4.5.3 Rest of South America
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 Thermo Fisher Scientific
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6.1.2 Medica S.p.A
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6.1.3 Diversatek, Inc.
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6.1.4 EB Neuro S.p.A
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6.1.5 Laborie, Inc
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6.1.6 Medtronic
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6.1.7 METTLER TOLEDO
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6.1.8 Metrohm
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6.1.9 HORIBA, Ltd.
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Gastroesophageal pH Meters Industry Segmentation
A gastroesophageal pH meter is used to measure the pH of esophagus for assessment of gastroesophageal reflux disease (GERD). This test is performed by inserting a catheter through nostril into the esophagus using an endoscope. These catheters have a sensor which measure each reflux of acidic level. These tests usually conduct to confirm the diagnosis of gastroesophageal reflux disease. Gastroesophageal pH meter Market is segmented by Type, by test Type, Application and Geography.
| By Type | |
| Portable pH meters | |
| Bench top pH meters | |
| Continuous pH meters |
| By Test Type | |
| Catheters | |
| Wireless |
| By Application Type | |
| Biotechnology | |
| Pharmaceuticals | |
| Others |
| Geography | ||||||||
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Gastroesophageal pH Meters Market Research FAQs
What is the current Gastroesophageal pH Meters Market size?
The Gastroesophageal pH Meters Market is projected to register a CAGR of 5.5% during the forecast period (2024-2029)
Who are the key players in Gastroesophageal pH Meters Market?
Thermo Fisher Scientific, Medica S.p.A, Diversatek, Inc., EB Neuro S.p.A and Laborie, Inc are the major companies operating in the Gastroesophageal pH Meters Market.
Which is the fastest growing region in Gastroesophageal pH Meters Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Gastroesophageal pH Meters Market?
In 2024, the North America accounts for the largest market share in Gastroesophageal pH Meters Market.
What years does this Gastroesophageal pH Meters Market cover?
The report covers the Gastroesophageal pH Meters Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Gastroesophageal pH Meters Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Gastroesophageal pH Meters Industry Report
Statistics for the 2024 Gastroesophageal pH Meters market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Gastroesophageal pH Meters analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
