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Hydrogen Breath Test Analyzer Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2029

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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.
Hydrogen Breath Test Analyzer Market Global Trends, Market Share, Industry Size,
Growth, Opportunities, and Market Forecast 2019 to 2029
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.
There are various non-invasive methods of diagnosing different metabolic disorders
and breath testing is one of them. It performs diagnosis by analysis of various gases
present in a patient’s breath. In order to investigate morbid physiology of metabolic
gastrointestinal ailments, hydrogen breath test is primarily used. Some of the major
disorders that can be detected through this test are carbohydrate malabsorption and
small intestinal bacterial overgrowth (SIBO).
There has been a rising prevalence of gastrointestinal disorders like SIBO and
carbohydrate malabsorption which is a driving factor for global market growth.
Furthermore, technological advancements in the evolution of electrochemical
sensors in determining the hydrogen concentration in the exhaled air is also driving
the market further.
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Insights on Global Hydrogen Breath Test Analyzer Market:
1. By Region
• North America
• Europe
• Asia Pacific
• Latin America
North America region dominates the market with a share of approximately 36%. It is
predicted to hold the major share of the market during the forecast period as well.
One of the primary reasons for this market to thrive in this region is the rising
prevalence of gastrointestinal disorders due to an unhealthy diet and sedentary
lifestyle. Additionally, key market players like Helius Ltd., MD Diagnostics Ltd. and
Metabolic Solutions Inc. are based in this region which further cements the market
position of this region.
European region holds approximately 33% of the total market share and it is
anticipated to acquire further 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.
Asia Pacific is a fast-growing region and with a 10% market share that it holds
currently, it is anticipated that the market on the region will grow at a high CAGR
during the forecast period. The reason for this market growth is the rising awareness
regarding gastrointestinal disorders and various methods to prevent them. Besides,
there is a rising prevalence of lactose malabsorption which is an important driving
factor for market growth
2. By Product Type
• Portable Hydrogen Breath Analyzer
• Handheld Hydrogen Breath Analyzer
Portable hydrogen breath analyzer segment dominates the global market due to its
exceptional ergonomic design and the admiration it receives from gastroenterologist
as a result.
3. By Sensor Type
• Electrochemical Sensor
• Solid State Sensor
Electrochemical sensors dominate this market segment and the recognition for this
dominance primarily goes to the ‘breathprints’ that contain chemical markers, high
sensitivity, precision, excellent repeatability and most importantly, low power
consumption.
However, 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 traction gradually during the forecast period.
4.
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By End User
Hospitals
Pediatric Clinics
Outpatient Centers
Diagnostic Laboratories
Hospital segment dominates this market due to the advanced infrastructure that
hospitals offer. Additionally, the advent of multispecialty hospitals has opened
numerous opportunities for the market to grow on a larger scale.
Significant Players:
• Quintron Instruments Co. Inc.
• MD Diagnostics Ltd.
• Bedfont Scientific Ltd.
• Metabolic Solutions Inc.
The H2 check of MD diagnostics Ltd. Is used for carbohydrate or sugar malabsorption
and it provides results in parts per million with a simple re-breathing technique. One
of the driving factors that can help H2 check gain popularity is its compactness and
the rapid rate of providing results without conducting any complex procedures.
Quintron Co. has introduced the breath tracker series in place of its microlyzer
instruments and these are lightweight, smaller, faster and easy to operate. This will
positively be helpful for Quintron Co. to strengthen its market position.
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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 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, 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
Inquire further details about this report at: [email protected]
About FutureWise Research:
We specialise in high-growth niche markets, assuring flexibility, agility and
customised solutions for our clients. Through in-depth market insights and
consultancy, we present our clients with the tools they need to be at the forefront of
their industry – a position secured for far more than the near future.
Contact Us:
Company Name: FutureWise Research
Contact Person: Vinay Thaploo
Email: [email protected]
Phone: +44 141 628 9353 / +1 970 279 4295
City: Leeds
Country: United Kingdom
Website: www.futurewiseresearch.com
Author
Merin John
Merin John263   documents Email
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