Trusted Business Insights presents the Latest Study on Breath Analyzers Market 2019-2025. The report contains market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary, and SWOT analysis.
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Abstract, Snapshot, Market Analysis & Market Definition: Global Breath Analyzers Market
The global breath analyzers market size was valued at USD 1.4 billion in 2016. Strict implementation of road safety laws across the world and rising demand for efficient as well as accurate alcohol and narcotics detection devices are primarily propelling market growth.
Early diagnosis of diseases such as cancer, tuberculosis, and Chronic Obstructive Pulmonary Disease (COPD) plays a key role in success rate of their treatment. Breath analyzers offer quick primary diagnosis based on exhaled air contents. Growing applications in private use such as measurement of breath carbon monoxide (CO) in smoking cessation activities is expected to boost the market growth during the forecast period.
Breath analyzing devices are widely used for breath alcohol detection by law enforcement agencies to improve road traffic safety. Growing awareness levels and legal requirements in workplaces to keep the environment drug- and alcohol-free. This has resultantly increased demand from offices, workplaces, and schools. Constantly escalating demand in the recent past is anticipated to drive the breath analyzer market in near.
However, conflict over accuracy of different types of analyzers, high susceptibility to external factors like temperature, BMI of subject, and certain prescription drugs can hinder growth of the market. Nevertheless, introduction of innovative devices designed to reduce these problems is expected to drive the market growth positively.
Market Segmentation, Outlook & Viewpoint: Global Breath Analyzers Market
Technology Market Segmentation & Outlook (Revenue, USD Million, 2014 – 2024)
Fuel Cell Technology
Infrared (IR) Spectroscopy
Others (FAIM, Mass Spectroscopy, Smart Crystals)
Application Market Segmentation & Outlook (Revenue, USD Million, 2014 – 2024)
Drug Abuse Detection
Key Players, Recent Developments & Regional Insights: Global Breath Analyzers Market
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Technological developments have enabled detection of Volatile Organic Compounds (VOC) through breath analyzers. Detection of VOCs is expected to aid in early diagnosis of conditions including cardiopulmonary diseases and lung and breast cancer. VOC can also play as biomarkers to assess disease progressions. These developments are expected to expand clinical applications of these analyzers.
Applications of breath analyzers are currently limited to drug abuse, alcohol detection, and diagnosis of asthma and gastroenteric conditions. The alcohol detection segment is currently dominating the market with over 39% revenue share. The medical application segment is expected to show lucrative growth during the forecast period, owing to introduction of advanced technologies to detect nitric oxide and carbon monoxide in breath.
North America dominated with the largest revenue share in 2016. This dominance is attributed to highly developed economy, high adaption rates, and awareness about road traffic safety. The region is expected to continue dominating over the forecast period owing to widening application of these devices. The market size is expected to show a lucrative growth rate due to rise in short and easy product approval procedures.
Asia Pacific is expected to exhibit fastest growth during the forecast period. Major markets in the region include India, China, Japan, Australia, and Malaysia. Usage of breath analyzers in these countries are still limited for law enforcement departments and surgery rooms of hospitals. Untapped markets of breathalyzers used privately and in restaurants/bars offer a huge opportunity for growth.
Breath Analyzers Market Share Insights
The global market is highly fragmented with presence of many small and medium size players with low entry and exit barriers to new entrants. Companies entering with innovative products have great scope for growth as the demand for innovative products is high.
Major players are Dragerwerk AG & Co. KGaA; LifelocTechnologies,Quest Products, Inc.; Akers Biosciences Inc.; Intoximeter Inc.; Alcohol Countermeasure Systems Corporation; MPD, Inc.; AK GlobalTech Corporation; Envitec Wismar GmbH; and Alcovisor.
Key Insights Covered: Global Breath Analyzers Market
1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Breath Analyzers industry.
2. Global major manufacturers’ operating situation (sales, revenue, growth rate and gross margin) of Breath Analyzers industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Breath Analyzers industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Breath Analyzers industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Breath Analyzers industry.
Research Methodology: Global Breath Analyzers Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other
Quick Read Table of Contents of this Report @ Global Breath Analyzers Market Size, Industry Trend Report 2018-2024
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