pH Meters Market size to exceed $1 Bn by 2025
Sellbyville, DE -- (SBWIRE) -- 06/12/2019 -- Global pH Meters Market size is set to exceed USD 1 billion By 2025; according to a new research report by Global Market Insights.
Upsurge in demand regarding specific and effective technologies for pH meters boosts the industry growth. Technological advancements in pH meters leads to innovative features including calibration free measurement systems, auto temperature and pressure compensation that will augment the demand for pH meters. Also, portable pH meters have wide applications in waste water treatment, bioprocessing, soil monitoring and environment control. Thus, growing use of innovative pH meter will drive the industry growth.
Incidences of water borne diseases such as cholera and diarrhea are rising in developing economies. According to World Health Organization (WHO), around 5,02,000 people die each year due diarrhea as a result of unsafe water consumption. Unsafe drinking water and sanitation is the major cause of the water borne diseases. In low and middle-income countries, about 38% of healthcare facilities lack clean water source. pH meters are extensively utilized to control water purification processes and aforementioned scenario is likely to increase its demand in near future. Moreover, increasing initiatives regarding waste water treatment will be beneficial for industry growth. For instance, Ministry of water resources of India has started state specific action plan to enhance waste water treatment that will surge the demand for pH meters thereby stimulating the industry growth.
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Portable pH segment was valued at USD 466.4 million in 2018 and is expected to have considerable revenue size during the forecast timeframe. Portable pH meters are small, easy to carry, battery powered and most suitable for field work. These devices are used for measuring pH of diverse chemical solutions, agriculture, water testing, waste water treatment plants, cosmetics, aquaculture, pharmaceutical and food processing industries. For instance, portable pH meters are used to determine pH of soil samples for various environmental projects as these meters are moisture resistant and provide digital interface. Thus, increasing demand for portable devices will drive the segmental growth.
Manual pH meter segment will grow at 4.5% and it will show considerable growth during analysis timeframe. Manual pH meters are mostly used in food testing and laboratory processes. Manual pH meter provides more control than digital pH meter as tthey cannot give auto-calibrations. Thus, high adoption of manual pH meter among laboratories and research organizations will augment the segmental growth.
Environmental research and pollution control segment accounted to 11.8% in 2018. Increasing awareness about wastewater treatment due to rising incidence of water borne infections will drive the segmental growth. According to government of India, 10,738 deaths caused due to water borne diseases such as cholera, diarrhea over last 5 years. pH meters are significantly used in the water & wastewater treatment for municipal and industrial processes. In wastewater treatment, pH is regulated as part of discharge permitting and many purification or treatment processes are pH dependent. This increases the demand for pH meters that are used for monitoring the water quality driving segmental growth.
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Pharmaceutical and biotechnology companies segment will grow at 4.4% throughout the analysis period owing to extensive use of pH meters in research processes. pH meters are used in pharmaceutical manufacturing and in drug development. Increasing number of biotechnology companies in developed regions such North America and Europe will increase the demand pH meters for various experiments. Moreover, pH is a vital parameter in all bioprocesses as small deviations can lead to serious damages in products. Thus, growing adoption of pH meters will positively influence the segmental growth.
North America pH meters market witnessed 4.1% CAGR and is anticipated to grow significantly over forecast timeframe. Increasing adoption of pH meter in various applications such as determining pH of water, chemicals, pharmaceutical components will drive North America pH meters market. Increasing regulations imposed by U.S. Environmental Protection Agency (EPA) for maintaining standards of drinking water will further augment regional growth. EPA has established National Primary Drinking Water Regulations (NPDWRs) and National Secondary Drinking Water Regulations (NSDWRs) to establish quality standards for drinking water contaminants. Growing adoption of pH meter to determine the pH value of drinking water will be beneficial for regional growth. Also, increasing environmental programs in the region will influence the demand of pH meter.
Eminent industry players operational in pH meters market includes Agilent Technologies, Beckman Coulter, Emerson Electric Co., Thermo Fisher Scientific, Contech Instruments, Hach, Hamilton Company, Hanna Instruments Inc., Horiba, Jenco Instruments Inc. and Sartorius. These industry players adopt strategies such as geographic expansions, new product development, mergers and acquisitions to sustain market competition. For instance, in March 2017, Hamilton Bonaduz AG expanded its sensor portfolio as a result of changing requirements of pharmaceutical industry. The company presented new single use sensors for dissolved oxygen and pH measurement and special focus was on requirements of the bioprocess technology.
pH meters market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2014 to 2025, for the following segments:
pH Meters Market, By Product (USD Million)
o Bench top pH meters
o Portable pH meters
pH Meters Market, By Type (USD million)
pH Meters Market, By Application (USD million)
o Chemicals and petrochemicals
o Environmental research and pollution control
o Food science
o Research and academics
pH Meters Market, By End-use (USD million)
o Pharmaceuticals and biotechnology companies
o Food and beverage
o Environmental testing
o Government and academic institutions
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- Latin America
- Middle East Asia & Africa
o South Africa
o Saudi Arabia