Global Breath Analyzers Market Growth Prospects 2024 By Leading Competitors: AK GlobalTech Corp., Akers Biosciences Inc., Alcohol Countermeasure Systems Corp., BACtrack, Drägerwerk AG & Co. KGaA, Lifeloc Technologies Inc., MPD Inc., Quest Products Inc.
Global Breath Analyzers Market accounted to USD 524.2illion in 2016 growing at a CAGR of 26.2% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
The Breath Analyzers market report is a comprehensive study of expansion driver’s industry, current trends in the market, and restrictions. It contains analysis of current growths in the market, comprehensive profiles of main business players, and exceptional model analysis, and market estimations for the coming years. The report then discusses the market size in terms of both revenue and sales volume.
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Market Definition: Global Breath Analyzers Market
Breath analyzers are the devices that are used to detect the presence of several compounds in the breath sample of individuals. These devices are mostly used to measure blood alcohol content (BAC) through an exhaled breath. Breath analyzers are considered as major tool for the detection of drugs, alcohol, tuberculosis, asthma and other diseases. Breath analyzing devices are widely used for breath alcohol detection by law enforcement agencies to improve the road traffic safety.
Major Market Drivers and Restraints:
• Increased incidences of accidents due to alcohol consumption
• Increasing alcohol abuse
• Strict acts for mandatory alcohol testing
• Government initiatives for alcohol testing
• High prices of analyzers
• Lack of skilled professionals for regulation of the device.
1.To gain information about the top players in this industry, their product portfolios, and their key strategies.
2.Key parameters which are driving this market and restraining its growth
3.Comprehensive quantitative analysis of the industry is provided for the period of 2017-2024 to assist stakeholders to capitalize on the prevailing market opportunities.
4.What all challenges manufacturers will face as well as new opportunities and threats faced by them.
5.Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
Table Of Contents Available For This Market Request For TOC Here@ https://databridgemarketresearch.com/toc/?dbmr=global-breath-analyzers-market
The Global Breath Analyzers Market is segmented by technology into fuel cell technology, semiconductor oxide sensor technology and others. Others is further sub segmented into infrared breathalyzers and chemical crystal technology.
• On the basis of application, the market is segmented into alcohol detection, drug abuse detection and medical applications. Medical Applications are further sub segmented into tuberculosis detection, asthma detection and others.
• By end user the market is segmented into law enforcement agencies, hospitals and individuals.
• On the basis of geography, breath analyzers market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Major Market Competitors:
Some of the major players operating in global breath analyzers market are-
AK GlobalTech Corp.,
Akers Biosciences Inc.,
Alcohol Countermeasure Systems Corp.,
Drägerwerk AG & Co. KGaA,
Lifeloc Technologies Inc.,
Quest Products Inc.,
Shenzhen Well Electric Co. Ltd.,
Alcolizer Pty Ltd.,
Newline Interactive Inc.,
PAS Systems International Alcohol Sensor Systems,
Ekips Technologies Inc.,
Quest Products Inc.,
Bedfont Scientific Ltd.,
MD Diagnostics Ltd. and FAN GmbH among others.
The breath analyzers market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of breath analyzers market for global, Europe, North America, Asia Pacific and South America.
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