Global Gastroesophageal pH Meter Market: Overview
Gastroesophageal pH meter refers to a direct in-vivo measurement that makes a measurement and keeps a record of the pH in esophagus for the purpose of evaluating gastroesophageal reflux disease or GERD. The pH test of esophagus or gastroesophageal pH test is done by making an insertion of a very thin plastic catheter via one of the nostrils directly into the esophagus. This process is done by utilizing an endoscope. Catheter tip comes with a sensor that is able to measure the level of acid.
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The sensor is put just over the esophageal sphincter, which is an area specialized of muscles of esophagus. This test makes a measurement of the amount of acid that is coming up from stomach into the esophagus. However, the outcome of gastroesophageal pH test is influenced by some specific medications, such as nitrates, proton pump inhibitors, H2 blockers, antacids, and many others. With the increased adoption of this test to identify gastroesophageal reflux disease, the global gastroesophageal pH meter market is likely to observe growth over the time frame of analysis, from 2024 to 2030.
The global gastroesophageal pH meter market has been segmented on the basis of three important parameters, which are type, application and region.
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Global Gastroesophageal pH Meter Market: Notable Developments
The following development is expected to play an important role in the market:
In August 2019, US-based manufacturer of analytical instrumentation, Agilent Technologies Inc, acquired BioTek Instruments. The latter is a leading manufacturer of scientific instruments and related software. This acquisition is prophesized to fortify the presence of Agilent Technologies in immunotherapy and immuno-oncology fields.
Some of the prominent organizations in the global gastroesophageal pH meter market comprise the below-mentioned:
- Agilent Technologies
- Medtronic Plc.
- Laborie Medical
- Danaher Corporation
- Mettler-Toledo International Inc.
- Thermo Fisher Scientific
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Global Gastroesophageal pH Meter Market: Key Trends
The global gastroesophageal pH meter market is characterized by the presence of the following restraints, drivers, and opportunities.
High Prevalence of Gastrointestinal Disorders to Spur Demand in the Market
Very high prevalence of gastrointestinal disorders across the globe is likely to play a crucial role in the growth of the global gastroesophageal pH meter market over the timeframe of analysis, from 2024 to 2030. In addition, change in the eating habit of people and growing popularity and consumption of junk food make way for different gastrointestinal disorders, which is likely to work in favor of the market in the years to come.
Apart from that, a rise in the concern for health and growing awareness about the presence of several treatment methods and tests of gastroesophageal reflux disease is likely to drive the demand for gastroesophageal pH meter in the years to come. Cosniderable technological progress has been made in this sector, which has led to the emergence of several innovative and new products. These new, technologically advanced products are likely to shoot up the demand for gastroesophageal pH meter in the near future.
On the other hand, there is a high cost associated with the pH meters. Furthermore, this meter is not easy to use and it could cause complications in the patient as well, such as contamination and bleeding. As such, these factors are likely to impede development of the global gastroesophageal pH meter market over the timeframe of analysis, from 2024 to 2030.
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Global Gastroesophageal pH Meter Market: Geographical Analysis
Considering the regional segments, it is expected that North America is likely to come up as one of the leading regions in the global gastroesophageal pH meter market. Presence of highly advanced health infrastructure together with augmented spending on the healthcare system is likely to work in favor of the gastroesophageal pH meter market in North America. In addition, a rise in the awareness about the disease and available methods of treatment is prophesized to add to the growth of the market in North America in the years to come.
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