pH Meters Market value to hit USD 1.2 Billion by 2028, Says Global Market Insights Inc.
pH Meters Industry is expected to register over 4.2% CAGR between 2022 and 2028 propelled by rising usage of pH meters in food processing and pharmaceutical sector.
SELBYVILLE, Del., March 23, 2022 /PRNewswire/ -- Global pH meters market value is projected to reach USD 1.2 billion by 2028, according to a new research report by Global Market Insights Inc. Increasing technological advancements integrated within pH meters along with key market players have taken efforts to develop digital pH meters will boost the overall industry growth.
Favorable regulatory landscape in developed economies like North America and Europe will accelerate the industry statistics. Various regulatory authorities such as Food and Drug Administration (FDA), European Commission, Environmental Protection Agency (EPA) introduce various laws, regulations, and amendments to minimize errors during the development of medical instruments and devices. This helps the company to develop precise and error-free pH meters. Furthermore, several government agencies globally are concerned about quality of water used positively influence the overall market demand.
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Portable pH meters segment is likely to exhibit 4.1% CAGR through 2028. Portable pH meters are also known as handheld pH meters. They are pocket-sized, small, and easy to use. Moreover, portable pH meters are easy to carry thus this mostly used on the field. Additionally, due to small batteries and reliable performance for a long time has increased the demands for portable pH meters.
Some major findings of the pH meters market report include:
- Rising prevalence of water-borne diseases in low and middle-income countries will foster the market outlook.
- Growing technological advancements in pH meters in developed economies will positively impacted the industry landscape.
- The difficulty of pH meters to measure pH of solutions having low ion concentration will negatively affect the business expansion.
- The COVID-19 impact on the market is observed to be positive. This is due to increasing incidences of various diseases and rising demand of novel drug products by pharmaceutical companies.
Browse key industry insights spread across 130 pages with 86 market data tables & 13 figures & charts from the report, "pH Meters Market Analysis By Type (Manual, Digital ), Product (Portable pH Meters, Bench Top pH Meters), End-use (Food & Beverages, Pharmaceutical & Biotechnology Companies, Environmental Testing, Chemicals & Petrochemicals, Government & Academic Institutions, Water & Wastewater Treatment), Industry Analysis Report, COVID-19 Impact Statistics, Growth Potential, Regional Outlook, Competitive Market Share & Forecast, 2022 – 2028" in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/ph-meters-market
pH meters market from digital segment accounted for around USD 614 million in 2021. Digital pH meters are user-friendly and are more precise compared to manual pH meters. They have a digital screen and can be easily calibrated. They are safe, convenient, and affordable. These pH meters have connectivity options such that they can be connected to the computer to save the readings for further use. Furthermore, they are faster and respond within 60-90 seconds. Such scenarios are expected to drive the demand for pH meters.
Environmental testing segment surpassed USD 129.8 million in 2021 and is poised to register a significant CAGR in the coming years owing to increased environmental pollution globally. They are routinely used by researchers, scientists, and regulatory bodies for case studies to monitor the environment. They measure the pH of water, soil to ensure its quality for increased productivity. Such advantages lead to segmental expansion.
Asia Pacific pH meters market exceeded USD 204.5 million in 2021 and is expected to register a significant CAGR till 2028 due to the rising prevalence of foodborne and waterborne diseases like diarrhea, typhoid, cholera, etc. In addition, the rise in the use of pH meters via industrial researchers, agricultural scientists, and experts will further propel the overall regional market revenue. Growing concern about drug, food safety, and water quality issues, as well as many unmet needs in water testing equipment in densely populated countries such as China and India, present numerous opportunities. Such incidences will positively promote business landscape.
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Some of the prominent business players operating in pH meters market include Thermo Fisher Scientific, Contech Instruments, Emerson Electric Co. (Rosemount Analytical), Hach, Qingdao Tlead International, Hamilton Company, PCE Instruments, Hanna Instruments, Inc., Panomex Inc., Shanghai Selon Scientific Instrument Co., Ltd., Horiba, Jenco Instruments Inc., Metrohm AG, TECPEL CO., LTD., Agilent Technologies, and Mettler-Toledo International Inc., among others.
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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Corporate Sales, USA
Global Market Insights Inc.
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SOURCE Global Market Insights Inc.
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