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 |
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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.
