Hydrogen Breath Test Analyzer Market Size, Analysis, Trends, Industry Overview and Forecast

Overview

Global Hydrogen Breath Test Analyzer Market Introduction:

Global Hydrogen Breath Test Analyzer Market is estimated to value over USD 37 Million by 2029 end and register a CAGR of over 3.5% during the forecast period, 2019 to 2029.
The number of patients suffering from gastrointestinal disorders is on a rise owing to unhealthy diet choices and a sedentary, stressful life. According to a survey conducted by the World Gastroenterology Organization, 15% to 25% of the world population suffer from gastroesophageal reflux disease (GERD). The prevalence of this disease is the highest in the U.S with around 26%, Norway and Sweden have around 25% prevalence. The rise in the number of gastrointestinal disorder patients across the world has resulted in the growth of the market.

Global Hydrogen Breath Test Analyzer Market Overview:
Based on the type of product, the global market is bifurcated into portable hydrogen breath analyzer and handheld hydrogen breath analyzer. The handheld analyzer is slowly gaining recognition among the patient population owing to its user-friendly nature, the expeditious analysis of exhaled air that it offers and its compactness.

Depending on the type of sensor, the market is categorised as an electrochemical sensor and solid state sensor. Solid-state sensors are slowly gaining popularity owing to its non-intrusive nature of measuring gas from the breath that is exhaled. Therefore, this market segment is predicted to gain gradual traction during the forecast period.

End-user wise, the market is segmented into hospitals, pediatric clinics, outpatient centres and diagnostic laboratories.

Global Hydrogen Breath Test Analyzer Market Regional Insight:
The European region holds around 33% of the total market share and it is anticipated to acquire more share of the market during the forecast period owing to a noteworthy rise in patients who are diagnosed with SIBO disorder and collaborations between medical device manufacturers and academic research in order to develop breath analyzers with excellent ergonomic features.

Global Hydrogen Breath Test Analyzer Market Segmentation:
1. By Region
• North America
• Europe
• Asia Pacific
• Latin America

2. By Product Type
• Portable Hydrogen Breath Analyzer
• Handheld Hydrogen Breath Analyzer

3. By Sensor Type
• Electrochemical Sensor
• Solid State Sensor

4. By End User
• Hospitals
• Pediatric Clinics
• Outpatient Centers
• Diagnostic Laboratories

Competitive Landscape:

• Tier 1 players- established companies in the market with a major market share

• Tier 2 players

• Emerging players which are growing rapidly

• New Entrants

FutureWise Key Takeaways:
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth

Objectives of the Study:
• To provide with an exhaustive analysis on the global hydrogen breath test analyzer market by region, by product type, by sensor type and by end user
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific and Latin America
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and core competencies