Hydrogen Breath Test Analyzer Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028

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Hydrogen Breath Test Analyzer Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028

Status : January, 2020 | Medical Devices | PPT format

Report Digest


Global Hydrogen Breath Test Analyzer Market: Overview

Hydrogen breath test analyzer refers to a highly sensitive and specific diagnostic tool that is used by gastroenterologists to eliminate or confirm the chances of short intestinal bacterial overgrowth or carbohydrate malabsorption.

There are many non-invasive methods for diagnosis of various metabolic disorders. Breath testing is one such method. Breath testing performs the diagnosis and analysis of gases that are present in one’s breath. With the growing prevalence of various gastrointestinal disorders such as carbohydrate malabsorption and small intestinal bacterial overgrowth (SIBO), the global hydrogen breath test analyzer market is poised for considerable growth. In addition, technological progress in the field of electrochemical sensors to ascertain the level of hydrogen concentration in the exhaled air is likely to boost the global hydrogen breath test analyzer market.

With the objective of offering a detailed and deeper insight into the market, segmentations of the market have been done on the basis of product type, sensor, and region.

Global Hydrogen Breath Test Analyzer Market: Notable Developments

Change is a constant process for any market and so the global hydrogen breath test analyzer market has witnessed some over the past few years. One such development pertaining to the market is mentioned below:

  • In 2018, with an eye to expand product offerings outside the territories of the US, the Commonwealth Diagnostics International, Inc has obtained Medical Device Establishment License from Health Canada. Health Canada is a department of the government of Canada responsible for health of the Canadian people. With this license, the US-based diagnostic service provider is expected to expand its reach to a wider pool of consumers.

Some of the key market players of the global hydrogen breath test analyzer market are

  • Bedfont Scientific Ltd
  • Metabolic Solutions, Inc
  • Healius Limited
  • FAN GmbH
  • Commonwealth Diagnostics International, Inc.
  • QuinTron Instrument Company, Inc.

Global Hydrogen Breath Test Analyzer Market: Growth Drivers

Rapid Technological Progress to Boost the Global Hydrogen Breath Test Analyzer Market

Recent technological progress pertaining to the development solid state and electromechanical sensors has led to the substitution of usual diagnostic methods that were used before to diagnose various gastrointestinal disorders. Technological progress is likely to boost the global hydrogen breath test analyzer market in times to come.
Portable analyzers type is likely to emerge as a dominant segment in the market and is likely to continue with its dominance over the forecast tenure. This type of hydrogen breath test analyzer has gained popularity amongst the gastroenterologists owing to it outstanding ergonomic design. Handheld analyzers are also gaining traction due to its features like quick analysis of breathed out air, portability, and user-friendly interface.
Electrochemical sensors are likely to gain popularity in the global hydrogen breath test analyzer market. Sensitivity, consumption of low power, and high precision makes electrochemical sensors a popular choice.

Global Hydrogen Breath Test Analyzer Market: Regional Outlook

Asia Pacific, the Middle East and Africa, Latin America, Europe, and North America comprise the major regions of the global hydrogen breath test analyzer market.

North America is estimated to lead the global hydrogen breath test analyzer market in terms of region. Much of the regional growth of the market is expected to ride on the increased prevalence of carbohydrate malabsorption. In addition, presence of advanced healthcare infrastructure and major market players is likely to act as another factor of growth for the market.

Asia Pacific is likely to come up as a rapidly growing region due to rising incidences of lactose malabsorption and health awareness amongst the people in the region.

The global Hydrogen Breath Test Analyzer market is segmented as:

Type

  • Portable
  • Handheld
  • Accessories and Consumables

Sensor

  • Electrochemical Sensor
  • Solid State Sensor

The study presents reliable qualitative and quantitative insights into:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand chain of the market
  • Market valuation (revenue and/or volume)
  • Key trends/opportunities/challenges
  • Forces defining present and estimated future state of the competitive landscape
  • Technological developments
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.

Highlights of the report:

  • A detailed analysis of key segments of the market
  • Recent developments in the market’s competitive landscape
  • Detailed analysis of market segments up to second or third level of segmentation
  • Historical, current, and projected future valuation of the market in terms of revenue and/or volume
  • Key business strategies adopted by influential market vendors
  • Outline of the regulatory framework surrounding and governing numerous aspects of the market
  • Growth opportunities in emerging and established markets
  • Recommendations to market players to stay ahead of the competition

Note: Immense care has been taken to present data with the highest levels of accuracy in all TMRResearch reports. Nevertheless, recent developments related to market/vendor landscape may take time to reflect in the analysis.

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