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Hydrogen peroxide conventionally has been predominantly used for
bleaching and water treatment purposes, especially in the wood, pulp,
and paper industry; however, with a rise in the use of hydrogen
peroxide in vaporized form for decontamination, especially in the
healthcare industry, the demand for hydrogen peroxide measurement
devices has witnessed a notable surge in the recent years.
Furthermore, the eco-friendly residues of hydrogen peroxide, water
(H2O) and Oxygen (O2) have propelled its adoption in various
applications in the healthcare sector, such as laboratories,
intensive care units, and pharmacies. However, the excess presence of
hydrogen peroxide vapors (HPV) at levels greater than 1 ppm, is
hazardous to life and can result in headache, nausea, irritation,
etc. Thus, to prevent the exposure of living things to excess
presence of HPV, hydrogen peroxide measurement devices are used.
These devices monitor the complete decontamination process and
provide measurements of HPV content in the fumigated rooms. Alongside
this, hydrogen peroxide measurement devices play a vital role in
process and safety measurement. For instance, hydrogen peroxide
measurement devices find applications in potable and waste water
treatment plants. The stringency of government regulations, which
emphasize the content of the concentration of industry effluents
before disposal, is the key factor driving the adoption of hydrogen
peroxide measurement devices in water treatment plants. Furthermore,
the rise concerns about water pollution globally due to the high
concentration of chemicals in industry effluents has fuelled the
adoption of hydrogen peroxide measurement devices, which are used to
measure the content of dissolved hydrogen peroxide.
The demand for hydrogen peroxide measurement devices is expected to
emerge largely from pharmaceutical and healthcare applications. The
frequent requirement for effective decontamination along with
increasing awareness of the need to improve indoor air quality is
expected to boost the growth of the market for hydrogen peroxide
measurement devices. In addition, the rising use of HPV for
decontamination in the food & beverage industry, HVAC systems,
and freeze dryers is expected to result in increased demand for
hydrogen peroxide measurement devices in the near term. In 2015, the
pharmaceutical and healthcare segment shared the largest revenues,
contributing to nearly 40% of the overall hydrogen peroxide
measurement market’s revenue.
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Geographically, Europe is the largest market for hydrogen peroxide
measurement devices, and is expected to continue dominating the
market over the forecast period. The swift adoption of HPV
decontamination systems along with the significant presence of key
market players is anticipated to pave the market’s growth. In 2015,
Europe accounted for approximately 34% of global revenue. Major
manufacturers of hydrogen peroxide measurement devices are aiming
toward the development of hydrogen peroxide sensors, which are more
sensitive and accurate in detecting HPV and require less maintenance
over the life cycle. This is anticipated to result in increases in
the price for hydrogen peroxide measurement devices, especially
hydrogen peroxide sensors. Furthermore, with the integration of
technology into detectors and transmitters, the prices of hydrogen
peroxide detectors are expected to increase in the short term and
stabilize in the long term. The key players are focusing on
increasing their global footprint and improving after-sales customer
experience by providing the latest post-sales service platforms. Key
players in the hydrogen peroxide measurement market include
Dragerwerk AG & Co., Analytical Technology, Inc. (ATI), Interscan
Corporation, Picarro Inc., and The Gwent Group.
The hydrogen peroxide measurement market is segmented as follows.
Hydrogen Peroxide Measurement Market, by Product Type
> H2O2 Sensors
> H2O2 Detectors
> Transmitters
Hydrogen Peroxide Measurement Market, by Application
> Pharmaceutical
> Chemical
> Healthcare
> Food and Beverage
> Laboratories
> Animal Farming
> HVAC Systems
> Freeze Dryers
Hydrogen Peroxide Measurement Market, by Geography
> North America
> Europe
> Asia Pacific
> Middle East and Africa
> Latin America
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