Press release
Global Breath Analyzers Market revenues to grow at nearly 17.1% forecast to 2022-2031 | Drägerwerk AG & Co., MPD, Inc, Lifeloc Technologies, BACtrack, Inc|
The global Breath Analyzers Market size was USD 534.0 million in 2021 and it is anticipated to reach USD 2594.2 million in 2031, growing at a CAGR of 17.1% from 2022-2031.To Remain 'Ahead' Of Your Competitors, Request for A Sample - https://www.globalinsightservices.com/request-sample/GIS10250
The Breath Analyzer is a device used to track the Blood Alcohol Content (BAC) in an individual, through a breath sample. The test performed depends upon the relationship between alcohol in the blood or in the breath flowing through the lungs.
The rising trend of extreme alcohol consumption resulting in road accidents; has raised the usage of breathalyzer devices. Encouraging government initiatives are also boosting the market growth.
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Breathalyzer devices are also gaining importance owing to the increasing demand at the workplace for effective BAC (blood alcohol content) levels and their non-invasive nature which is increasing the demand for breath analyzer devices. It is a primary tool for monitoring drugs, alcohol, tuberculosis, asthma, and other diseases hence; it is anticipated that the demand for this system should constantly rise.
Market Trends and Drivers
The key factors boosting the growth of the market are rising alcohol abuse and drug abuse. In 2018, about 10,511 people in the US died because of drunk driving. Excessive alcohol consumption leads to a high risk of developing more than 200 diseases, comprising liver cirrhosis and some cancers. In the US almost 30 people die every day owing to driving under the influence (DUI).
Additionally, high blood alcohol content was observed in~20% of fatally injured drivers in accidents in developed countries. The growing number of road accidents caused by drunk driving and drug abuse has increased the demand for breath analyzers, as these devices assist in monitoring the presence of different compounds and measuring the blood alcohol content in a breath sample.
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Similarly, technological advancements are also boosting the growth of the market. The breath analyzers market is technology-driven and is projected to grow at a significant rate in the upcoming years. Due to the lucrative potential of the market, a number of players are focusing on developing novel technologies and are continuously introducing accurate and easy-to-use breath analyzers.
For instance, in August 2019, Y Combinator, an investment company, invested in SannTek Labs to work on a new kind of breathalyzer.
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Market Segments
By Technology
Fuel Cell
Semiconductor Oxide Sensor
Others
By Application
Alcohol Detection
Drug Abuse Detection
Medical Application
By End User
Law Enforcement Agencies
Enterprises
Individuals
Major Players of the Global Breath Analyzers Market
The global breath analyzer market report comprises players such as Drägerwerk AG & Co. KGaA (Germany), MPD, Inc (US), Lifeloc Technologies (US), BACtrack, Inc. (US), Quest Products, Inc. (US), Akers Biosciences, Inc. (US), Intoximeter, Inc. (US), AK GlobalTech Corporation (US), Alcohol Countermeasure Systems Corporation (Canada), EnviteC-Wismar GmbH (Germany), Lion Laboratories Ltd. (UK), Pas Systems International (US), Guth Laboratories, Inc (US), Alcolizer Technology (Australia), Alcopro, Inc (US), Andatech Private Ltd (Australia), Alere (US), C4 development (China), Advanced Safety Devices (US), and Bedfont Scientific Limited (UK).
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