Global Gastroesophageal pH Meters Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Gastroesophageal pH Meters Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product Type (Bench Top pH Meters, Portable pH Meters, and Continous pH Meters), Test Type (Catheter Based, and Wireless Based), End User (Hospitals, Diagnostic Centers, Clinics, and Ambulatory Centers), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Gastroesophageal pH Meters Market was valued at USD 422.0 million in 2023 and is expected to reach USD 628.2 million by 2031 while growing at a CAGR of 5.1% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global gastroesophageal pH meters market growth. gastroesophageal pH meter evaluates the frequency and duration of stomach acid reflux into the esophagus, the tube linking the throat and stomach. It employs either a catheter (a thin tube) or a specialized device known as a pH probe, inserted into the esophagus, to monitor acid levels (pH) for a period ranging from 24 to 96 hours. This test aids in diagnosing acid reflux or gastroesophageal reflux disease (GERD).
The growth of the market is propelled by the increasing prevalence of Gastroesophageal Reflux Disease, growing awareness and diagnosis rates, and an expanding geriatric population. However, the market is hindered by the high cost of equipment and limited reimbursement policies.
Furthermore, the global gastroesophageal pH meters industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Product Type Analysis
The Global Gastroesophageal pH Meters Market is segmented among Bench Top pH Meters, Portable pH Meters, and Continous pH Meters, based on Product Type. In 2023, Portable pH Meters accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Test Type Analysis
The Global Gastroesophageal pH Meters Market is segmented among Catheter Based, and Wireless Based, based on Type. In 2023, Catheter Based accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Gastroesophageal pH Meters Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Thermo Fisher Scientific, Medica S.p.A, Diversatek, Inc., EB Neuro S.p.A, Laborie, Inc., Medtronic, METTLER TOLEDO, Metrohm, and HORIBA, Ltd.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Gastroesophageal pH Meters Market Dynamics
Drivers
Restraints
Opportunity
4. Global Gastroesophageal pH Meters Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Gastroesophageal pH Meters Market Segmentation, By Type
Global Gastroesophageal pH Meters Market Share Analysis, By Type
Global Gastroesophageal pH Meters Market Growth Analysis, By Type
Global Gastroesophageal pH Meters Market Trends, By Type
o Portable pH meters
o Bench top pH meters
o Continuous pH meters
6. Global Gastroesophageal pH Meters Market Segmentation, By Test Type
Global Gastroesophageal pH Meters Market Share Analysis, By Test Type
Global Gastroesophageal pH Meters Market Growth Analysis, By Test Type
Global Gastroesophageal pH Meters Market Trends, By Test Type
o Catheters based
o Wireless based
7. Global Gastroesophageal pH Meters Market Segmentation, By End User
Global Gastroesophageal pH Meters Market Share Analysis, By End User
Global Gastroesophageal pH Meters Market Growth Analysis, By End User
Global Gastroesophageal pH Meters Market Trends, By End User
o Hospitals
o Diagnostic Centers
o Clinics
o Ambulatory Centers
8. Global Gastroesophageal pH Meters Market Segmentation, By Region
Global Gastroesophageal pH Meters Market Share Analysis, By Region
Global Gastroesophageal pH Meters Market Growth Analysis, By Region
Global Gastroesophageal pH Meters Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
Thermo Fisher Scientific*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Medica S.p.A
Diversatek, Inc.
EB Neuro S.p.A
Laborie, Inc
Medtronic
METTLER TOLEDO
Metrohm
HORIBA, Ltd.
*Similar analysis will be provided for each company listed above.