Market Size of Gastroesophageal pH Meters Industry
| 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 |
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 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 Size Summary
The gastroesophageal pH meter market is poised for significant growth, driven by the increasing adoption of in vivo measurements for gastroesophageal reflux diseases and the high prevalence of gastrointestinal disorders worldwide. The market is further bolstered by rising health concerns among the population, with gastroesophageal reflux disease being a common upper gastrointestinal tract disorder. Technological advancements in pH meters, such as Diversatek, Inc.'s ZepHr® Impedance/pH Reflux Monitoring System, are enhancing the market's appeal. The introduction of advanced, wireless, and portable pH meters presents lucrative opportunities, although the high cost and potential complications associated with their use may pose challenges.
The portable pH meter segment is leading the market due to its compatibility and ease of use, which are preferred over catheter-based tests. Innovations like the Medtronic Bravo‚Ñ¢ Reflux Capsule, which measures pH levels, are promoting market growth. North America is expected to maintain a significant market share, driven by the increasing incidence of gastroesophageal reflux diseases and a well-established healthcare infrastructure. The market is competitive and fragmented, with major players such as Thermo Fisher Scientific, Medica S.p.A, and Diversatek, Inc. dominating the landscape. These companies are instrumental in shaping the market dynamics through their advanced product offerings and strategic initiatives.
Gastroesophageal pH Meters Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 High Prevalence of Gastrointestinal Disorders
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1.2.2 Rising Health Concerns
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1.3 Market Restraints
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1.3.1 High Costs of pH Meters
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1.3.2 Lack of Skilled Physicians
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1.4 Porter's Five Force Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Portable pH meters
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2.1.2 Bench top pH meters
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2.1.3 Continuous pH meters
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2.2 By Test Type
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2.2.1 Catheters
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2.2.2 Wireless
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2.3 By Application Type
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2.3.1 Biotechnology
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2.3.2 Pharmaceuticals
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2.3.3 Others
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.2 Europe
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2.4.2.1 Germany
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2.4.2.2 United Kingdom
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2.4.2.3 France
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2.4.2.4 Italy
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2.4.2.5 Spain
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2.4.2.6 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 South Korea
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2.4.3.6 Rest of Asia-Pacific
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2.4.4 Middle-East and Africa
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2.4.4.1 GCC
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2.4.4.2 South Africa
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2.4.4.3 Rest of Middle-East and Africa
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2.4.5 South America
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2.4.5.1 Brazil
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2.4.5.2 Argentina
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2.4.5.3 Rest of South America
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Gastroesophageal pH Meters Market Size 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.
