PH Meters Market to Grow with a CAGR of 4.13% through 2029
Health and safety awareness and government regulations
are expected to drive the Global PH Meters Market growth in the forecast
period, 2025-2029.
According to TechSci Research report, “PH Meters Market
– Global Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2029”, the Global PH Meters Market stood at USD 1.44 billion
in 2023 and is anticipated to grow with a CAGR of 4.13% in the forecast period,
2025-2029. This can be attributed to education and academia. pH meters have
found their place in educational institutions, where they are essential for
teaching and research purposes. With a focus on science education and research,
the academic sector is emerging as a key growth driver for the pH meters
market. Furthermore, the biotechnology and pharmaceutical sectors are emerging
as significant consumers of pH meters. As these industries continue to evolve
and expand, the demand for pH meters for various applications such as cell
culture, bioprocessing, and drug formulation is on the rise. This trend is
expected to continue, driven by the need for strict quality control and
regulatory compliance.
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The market is poised for growth, primarily driven by
the increasing demand for these devices in various sectors including food
processing, water treatment, power generation, agriculture, and fertilizers.
Additionally, factors such as growing health concerns, diminishing immunity
levels, and rising awareness among users about water purity are expected to
have a substantial impact on market expansion. Furthermore, the implementation
of stricter government regulations pertaining to water quality and the mounting
concerns within industrial setups regarding the detrimental effects of water's
acidic or alkaline nature are anticipated to drive up the adoption rates in the
coming years.
The market is presented with attractive growth
opportunities, as there is an increasing incidence of microbial infections and
ongoing technological advancements in pH meters. Moreover, the proliferation of
research and testing laboratories, encompassing soil testing, water testing,
and food testing facilities, is set to further propel the utilization of these
devices.
pH meters also play a critical role in the food and
beverage (F&B) industry, particularly in assessing the pH values of dairy
products such as cheese, curd, and yogurt. Global market growth is additionally
fueled by rapid urbanization and consumer preferences for processed and
ready-to-eat (RTE) food products.
The COVID-19 pandemic significantly influenced the pH
meter market. It led to a heightened demand for pH meters in the healthcare
sector, where they are used for measuring acidity and alkalinity in various
applications, including drug development, vaccine production, and water
treatment. Elevated alkalinity levels in water can lead to various health
issues. According to the World Health Organization (WHO), approximately 829,000
people globally are estimated to succumb to diseases related to unsafe drinking
water, particularly diarrhea. During the pandemic, the application of pH meters
in the water treatment industry surged due to the corrosive impact of high pH
levels on equipment.
The Global PH Meters Market is segmented into product,
application, regional distribution, and company.
Based on its product, the segment of benchtop meters
saw the highest revenue share in 2023 due to its widespread use in academic
institutions, laboratories, and industrial research, its user-friendly nature,
and the increasing demand for convenience and precision. Anticipated
technological advancements like online pH meters, calibration-free measurement
systems, microprocessors for automatic temperature and pressure adjustments are
expected to be driving factors for market growth in the coming period. In March
2023, Hanna Instruments, Inc. introduced its Advanced Benchtop Meter Series,
which includes three models for pH, conductivity, and dissolved oxygen testing.
These meters are known for their speed, accuracy, and consistency and are
suitable for various industries.
The portable pH meters segment is projected to
experience the highest CAGR during the forecast period. Their exceptional
mobility and compact size are key contributors to their rapid expansion.
Stringent regulations imposed on water treatment facilities by agencies like
the Environmental Protection Agency (EPA), increasing public health concerns
about water quality, and the easy accessibility and availability of such
instruments are among the factors expected to drive the usage of pH meters
across various industries. For example, the Metravi PH-700 pH Meter is a
compact and portable water quality testing instrument used for pH and
temperature testing in a variety of applications such as drinking water, food
and beverage production, hydrotherapy, hydroponics, and reverse osmosis
systems.
Based on application, the food science sector secured
the largest share of revenue in 2023. The broad utilization of pH meters across
various industries, including wine, fruit juice, food processing, agriculture,
dairy, and others, has been a significant driver for the growth of this
segment. Nevertheless, the anticipated factors that are likely to bolster
market growth include the rising incidents of water contamination due to
untreated discharges from chemical and leather industries, along with the
increasing prevalence of waterborne diseases like cholera, diarrhea, and
leptospirosis. This situation highlights the importance of pH meters in
ensuring water quality and preventing corrosion in infrastructure such as
pipelines, condensers, and boilers. These factors are expected to enhance their
industrial utilization.
Moreover, the substantial demand for pH
meters in the food and beverage industries for process monitoring and quality
maintenance, coupled with the increasing need for technologically advanced
continuous pH level monitoring in industrial processes, are also contributing
factors expected to drive growth in the pH meter industry. Additionally,
heightened awareness and favorable government initiatives are foreseen to
further stimulate market expansion.
Major companies operating in Global PH Meters Market
are:
- Danaher Corp
- Hanna Instruments United States Inc
- Thermo Fisher Scientific Inc
- PerkinElmer Health Sciences Inc
- Agilent Technologies, Inc.
- Metrohm AG
- Mettler-Toledo International Inc.
- HORIBA, Ltd.
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“The global pH meters market is undergoing a
transformation driven by key trends that align with technological advancements
and the changing needs of industries. Miniaturization, connectivity, advanced
calibration, multi-parameter capabilities, sustainability, improved sensor
technologies, the biotechnology and pharmaceutical sector's growth, and market
expansion in developing regions are all set to shape the future of the pH
meters market,” said Mr. Karan Chechi, Research Director with TechSci Research,
a research-based management consulting firm.
“PH Meters Market By Product
(Bench top pH meter, Portable pH meters, Continuous pH meters), By Application
(Pharmaceuticals and biotechnology, Environmental research and pollution
control, Food science, Laboratories, Others), By
Region, By Competition Forecast & Opportunities, 2019-2029F”, has evaluated
the future growth potential of Global PH Meters Market and provides statistics
& information on market size, structure and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Global PH Meters Market.
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