openPR Logo
Press release

The Alcohol Breathalyzer Drug Testing Equipment Market to See More Virtual Patients

02-25-2022 12:53 PM CET | Health & Medicine

Press release from: Persistence Market Research

The Alcohol Breathalyzer Drug Testing Equipment Market to See

The Alcohol Breathalyzer Drug Testing Equipment Market is slated to grow on a stellar note going forward. The current situation is that digitization, which has the capacity of changing the dynamics of any vertical, has made a beeline to the healthcare vertical. The world out there no more depends on references for choosing healthcare services but goes for 360-degree research before arriving at the final decision. This would be the digitized healthcare vertical in the future.
The latest market report published by Persistence Market Research is titled 'Global Market Study-Alcohol Breathalyzer and Drug Testing Equipment - Asia Pacific to Witness Maximum Growth by 2026'. According to this report, the global alcohol breathalyzer and drug testing equipment market will expand at a CAGR of 6.9% during the forecast period, 2017-2026. The global revenues are expected to take a leap from around US$ 7.30 Bn (2017) to over US$ 13.30 Bn by the end of 2026.

Get Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/3377

Companies Profiles:

Drägerwerk AG & Co. KGaA
Lion Laboratories Limited
Lifeloc Technologies Inc.
Intoximeters
Andatech Pty. Ltd.
BACtrack
Quest Products, Inc.
Alere (Abbott.)
C4 Development Ltd (Alcovisor)
Others.

Request for Methodology@ https://www.persistencemarketresearch.com/methodology/3377

Market Taxonomy: Quick Overview

This market is segmented on the basis of equipment, application, end user, and region. On the basis of equipment, the market has been sub-segmented into semi-conductor based breathalyzer, infrared (IR) based breathalyzer, fuel cell based breathalyzer, immunoassay analyzers, chromatography instruments, oral fluid testing devices, urine testing devices, and hair testing devices. On the basis of application, the market has been segmented into drugs detection and alcohol detection. On the basis of end user, the market has been segmented into federal departments, hospitals, rehabilitation centers, and private sectors.

Get a Customized Scope to Match Your Need Ask an Expert- sales@persistencemarketresearch.com

By equipment, IR based breathalyzer is expected to remain the largest segment, registering the highest CAGR of 7.2% during the forecast period. Accuracy of such evidential breath testing (EBT) devices is very high, as a result they are being widely used by federal departments and hospitals. Fuel cell based breathalyzer are expected to register a CAGR of 7.3% during the forecast period. These type of portable devices offer extremely high accuracy concerning blood alcohol content (BAC) and provide instant results. Moreover, such devices require fewer recalibrations as compared to semiconductor-based alcohol breathalyzers. These factors are generating significant demand for fuel cell based breathalyzers globally.

On the basis of region, the market has been segmented into North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. North America is expected to dominate the market, with a maximum share by the end of 2018. North America, Europe, and Asia Pacific are expected to collectively contribute over 94.0% revenue to the total global alcohol breathalyzer and drug testing equipment market. In terms of value, Asia Pacific is estimated to be the fastest growing market, registering a CAGR of 7.9% during the forecast period.

Soaring Alcohol Consumption & Drug Abuse Cases to Fuel Market Growth

Increasing cases of alcohol and drugs abuse are a major factor driving growth of the global alcohol breathalyzer and drugs testing equipment market. Other trends driving growth include single technology devices for alcohol and drugs testing and increasing market share of personal breathalyzers. In addition, stringent government regulations, emergence of low cost breathalyzers and growing distribution networks in developing countries are projected to result in increased demand. This in turn is expected to bolster alcohol breathalyzer and drugs testing equipment market growth during the forecast period (2017-2026).

High pricing issues and fewer opportunities for new market players in the developed regions are the key factors hampering the growth of this market. Major players dominate the market in developed regions, whereas local players in domestic regions offer products at prices cheaper by 20%-30% compared to established brands in North America and Europe. This factor has been identified to be a challenge to development and growth of the overall alcohol breathalyzer and drugs testing equipment market.

Access Full Report@ https://www.persistencemarketresearch.com/checkout/3377

Key market players covered in this report include Drägerwerk AG & Co. KGaA, Lion Laboratories Limited, Lifeloc Technologies Inc., Intoximeters, Andatech Pty. Ltd., BACtrack, Quest Products, Inc., Alere (Abbott.), and C4 Development Ltd (Alcovisor). These companies are primarily focused on enhancing their product portfolios through research and development, and introduction of innovative and cost-effective medical devices in order to gain market share and strengthen their position in the global market.

Complete Report Details@ https://www.persistencemarketresearch.com/market-research/alcohol-breathalyzer-drug-testing-equipment-market.asp

Read More Trending "PMR Exclusive Article"-

Holter Monitoring Systems Market@ https://www.persistencemarketresearch.com/market-research/holter-monitoring-systems-market.asp

Patient Positioning Equipment Market@ https://www.persistencemarketresearch.com/market-research/patient-positioning-equipment-market.asp

Contact Us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com

About us-
Business intelligence is the foundation of every business model employed by Persistence Market Research. Multi-dimensional sources are being put to work, which include big data, customer experience analytics, and real-time data collection. Thus, working on "micros" by Persistence Market Research helps companies overcome their "macro" business challenges.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The Alcohol Breathalyzer Drug Testing Equipment Market to See More Virtual Patients here

News-ID: 2564355 • Views: …

More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and…
Global Forged Automotive Components Market Poised for Steady Growth, Projected to Reach US$ 70.7 Billion by 2032
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts. Forged automotive components are critical to…
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ 2.14 Billion by 2032, Reports Persistence Market Research
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the…
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Driven by Urbanization and Demographic Trends
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring…

All 5 Releases


More Releases for Alcohol

Digital Breath Alcohol Testers Market Reliable and Accurate Solutions for Alcoho …
Global Digital Breath Alcohol Testers Market Overview: The Digital Breath Alcohol Testers market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others. In recent years, the Digital Breath Alcohol Testers market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and…
Alcohol Screening Breathalyzer and Alcohol Screening Device Manufacturer | ALCOF …
ALCOFIND, a DA Tech brand, is a trustworthy and flawless maker of alcohol screening breathalyzer. It includes both an advanced alcohol tester and an alcohol screening device.  DA Tech has dedicated itself to the research and development of sensor-related application solutions since its foundation in 2002, firmly establishing itself as a specialized breathalyser company and emerging as a global leader. ALCOFIND breathalyser has quality certifications for the world's major breathalyser markets, including…
Impact of COVID-19 on Alcohol Disinfectants Market by Products (Propyl Alcohol, …
The global Alcohol Disinfectants market is one of the fastest-growing markets in the world. The following report contains all the statistics and facts & figures related to the global Alcohol Disinfectants market. Their business strategies, sales data, projections, and a host of other important data have been covered for an in-depth outlook. The report also has PEST analysis, SWOT analysis, risk analysis, and regional analysis. 3M Company, BODE Chemie Gmbh,…
Alcohol Sensor Market By Drägerwerk AG & Co. KGaA, Abbott, Alcohol Countermeasur …
Global alcohol sensor market is expected to reach USD 4.33 billion by 2026 from USD 1.55 billion in 2018 and is projected to grow at a CAGR of 13.7% in the forecast period of 2019 to 2026. Global Alcohol Sensor market research report provides a detailed synopsis on the study for market and how it is impacting the Semiconductors and Electronics industry. The key research methodology used here by DBMR team…
PRESS- Premium Alcohol Seltzer
MEDIA RELEASE CONTACT: FRANK SINGLETON frank@franksingletoncommunications.com 678.316.4237 PRESS launches premium alcohol seltzer in key US markets Regional distribution includes Chicago, Boston, Atlanta, New York, Salt Lake Milwaukee, WI—Major metropolitan locations across the country are part of a multi- region, multi-city national launch of new light-alcohol beverage brand PRESS, a fruit and spice infused alcohol seltzer being distributed in cities known as trend-forward cuisine and beverage marketplaces. Locations were selected based on market demographics including active…
Alcohol Testing Market - Increasing usage of alcohol testing devices, which are …
Alcohol testers are used to scrutinize whether an individual is under the effect of alcohol. Alcohol testing looks for traces of alcohol in a human body using samples of urine, hair, saliva, blood, breath, or sweat. Alcohol testing is an expanding market, due to the high consumption of alcohol and growth in the aging population that shows indications of increase in use of alcohol and prescription drugs. Alcohol tester is…