Potential Of Hydrogen (pH) Meters Market Overview, Outlook, Size, Share, Demand 2024-2033

"The Business Research Company recently released a comprehensive report on the Global Potential Of Hydrogen (pH) Meters Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, The pH meters market size has grown strongly in recent years. It will grow from $1.41 billion in 2023 to $1.5 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to increased environmental regulations, increased demand in agriculture, rise in awareness about water quality, increased industrialization, rise in food safety standards, growth in healthcare diagnostics, and growth in the pharmaceutical and food industries.

The pH meters market size is expected to see strong growth in the next few years. It will grow to $1.89 billion in 2028 at a compound annual growth rate (CAGR) of 6%. The growth in the forecast period can be attributed to increasing demand in the biotechnology industries, growing environmental monitoring initiatives, expanding applications in food and beverage industries, expanding research and development activities, and growing water and wastewater treatment initiatives. Major trends in the forecast period include advancements in digital and smart pH meters, adoption of portable and wireless devices, advancements in wireless and Bluetooth-enabled meters, integration of IoT and wireless connectivity for remote monitoring, and advancements in sensor technology.

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Market Drivers and Trends:

The rise in the prevalence of hemorrhages is expected to propel the neurovascular embolization devices market going forward. Hemorrhages are abnormal, uncontrolled bleeding that occurs internally within the body or externally through a break in the skin or mucous membrane. The prevalence of hemorrhages is due to several factors, such as aging populations, an increased incidence of hypertension, and the expanded use of anticoagulant medications. Neurovascular embolization devices are utilized in hemorrhagic strokes to obstruct abnormal blood vessels, reducing bleeding and preventing further damage to the brain. For instance, in February 2024, according to the research of King's College London, a UK-based public research university, the number of cases and deaths from intracerebral hemorrhage (ICH) (a specific type of hemorrhage) is expected to increase by 59.4% in people aged 70 to 95 across the UK by 2050. Therefore, the rise in the prevalence of hemorrhages drives the growth of the neurovascular embolization devices market.

Major companies operating in the pH meters market are focused on developing an advanced series of wireless pH testers to provide accurate pH measurements wirelessly for various applications. Wireless pH testers are innovative devices that enable users to conduct laboratory-grade pH measurements via compatible smart devices using the App. For instance, in January 2022, Hanna Instruments Inc., a US-based analytical instrumentation manufacturing company, launched the HALO2 wireless pH testers. They connect to the Hanna Lab App using Bluetooth wireless technology and can interface directly with existing Laboratory Information Management Systems (LIMS) utilizing open-API software. The pocket-sized HALO2 testers are great for on-the-go testing, with a big LCD that provides instant readings from any angle. The HALO2 can be used as a standalone pH tester or with the Hanna Lab App to access additional capabilities such as electrode condition, GLP with time stamp, live readings, mV resolution, and data sharing.

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Major Key Players of the Market:

Thermo Fisher Scientific Inc., Emerson Electric Co., Avantor Inc., Agilent Technologies Inc., PerkinElmer Inc., Mettler Toledo, Beckman Coulter Inc., Horiba Ltd. , Hach company, Teledyne FLIR LLC, Metrohm AG, Hamilton Company, Omega Engineering Inc., Contech Instruments Limited, LaMotte Company, ThermoWorks, Milwaukee Electronics Kft , CHEMetrics LLC, PCE Instruments UK Ltd., Bante Instruments, Panomex Inc., Jenco Instruments Inc., Hanna Instruments Inc., Tecpel CO. LTD., Esico International

Potential Of Hydrogen (pH) Meters Market 2024 Key Insights:

• The pH meters market size is expected to see strong growth in the next few years. It will grow to $1.89 billion in 2028 at a compound annual growth rate (CAGR) of 6%.
• Rising Waterborne Disease Incidence Fuels The pH Meter Market Growth
• Revolutionizing pH Measurement With Advanced Wireless Testers
• Asia-Pacific was the largest region in the pH meters market in 2023

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