pH Meters Market Analysis

pH Meters Market Analysis

Based on the product, the pH meters market is segmented into benchtop pH meters and portable pH meters. Among these, the benchtop pH meters accounted for USD 442.9 million revenue in 2021. The segmental growth is owing to the increased efficiency and convenience of benchtop pH meters. The benchtop pH meters are designed to live indoors and can be paired with specialized electrodes. Thus, they provide a more sensitive testing range. Benchtop pH meters are flat having larger screens, with more buttons for collaboration.
 

They are widely used in laboratories and various other industries for testing sensitivity at different stages of processing. They are also used for measuring pH of buffers, chemicals, reagents, and solutions in the industry. Some of these products have user-interface allowing easy data transfer via automated systems. Such advantages of benchtop pH meters will drive the segmental as well as overall market growth during analysis period.
 

By type, the pH meters market is fragmented into manual and digital. Among them, the digital pH meters segment accounted for 64.1% business share in 2021. This is owing to the rising adoption of digital pH meters due to more accuracy. Various companies such as pharmaceuticals prefer using these pH meters for high precision during drug development and delivery process.
 

Digital pH meters have high resolution leading to more precise readings. These instruments work by emitting tiny voltage via glass electrode measuring the hydrogen ion concentration. It is similar to a voltmeter except the values displayed are of pH. These units are recorded on a digital display.
 

Furthermore, new product launches to aid the use of pH meters will further propel the segmental demand. For instance, in March 2020, Metrohm AG launched new handheld 913 pH/DO Meter. This pH meter can simultaneously measure pH value and concentration of dissolved oxygen within same sample. Such factors will propel the segmental growth.
 

Based on end-use, the pH meters market is classified into pharmaceuticals and biotechnology companies, environmental testing, chemicals and petrochemicals, water and wastewater treatment, food and beverage, government and academic institutions, and others. The pharmaceutical and biotechnology companies will garner over 4.7% CAGR during the analysis timeframe. Continuous drug developments in biotech and pharma companies demand pH meters within the industry. pH measurement is the central process of drug formulation. The pH affects the final product impacting the process.
 

Furthermore, these industries are involved in the development and manufacturing of prescription drugs that require the continuous use of pH meters. They are also used for the routine check of pH-dependent products like creams, injections, syrups, eye drops, etc., and dissolution media at different pH. Such uses of pH meters in pharmaceutical and biotechnology companies will propel the overall market size.
 

North America pH meters market captured over 41% of the business share in 2021 and is expected to grow significantly during the forecast years. High regional growth can be attributed to the increasing adoption of water testing machines for water treatment plants. Industrialization in developed economies leads to increased water pollution. This decreases the presence of potable water and leads to water scarcity. To overcome such scenarios, pH meters are continuously used in treatment plants.
 

Furthermore, stringent government regulations ask these plants to lower the presence of harmful effluents that may affect the quality of water. Additionally, increased expenditure to reduce pollution will also propel segmental growth. For instance, U.S. Environmental Protection Agency (EPA) has USD 28.40 Billion in available budgetary resources for the year 2022. All these factors increase the demand for pH meters, thereby propelling the regional market statistics over the analysis timeframe.