Press release
Breath Analyzer Market Is Anticipated To Reach USD 2594.2 Million In 2031
Breath Analyzer Market
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.
Market Outlook
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.
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. 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.
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.
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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Research Objectives
Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
Identify factors influencing market growth and challenges, opportunities, drivers and restraints
Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Global Breath Analyzers Market Segmentation
The report analyses the global breath analyzers market based on technology, application, end user, and region.
Global Breath Analyzers Market by Technology
Based on technology, it is segmented into the fuel cell, semiconductor oxide sensor, and others. The fuel cells segment is likely to dominate the market during the forecast period. Fuel cell breath analyzers offer an extremely high level of accuracy, sensitivity, and reliability. They are specifically tuned to detect alcohol and do not require multiple sensors. These analyzers are considered the gold standard of handheld alcohol testers for both personal and professional use. Global Breath Analyzers Market by Application Based on application, it is segmented into alcohol detection, drug abuse detection, and medical applications. The alcohol detection segment is likely to dominate the market during the forecast period. The key factors such as stringent government regulations for driving under influence (DUI) is boosting the growth of the market.
Global Breath Analyzers Market by End User Based on end user, it is segmented into law enforcement agencies, enterprises, and individuals. The law enforcement agencies segment accounted for the largest market share in 2021. This segment is also projected to register the highest CAGR during the projection period. The growth of this segment is primarily drivenby stringentsafety laws against DUI and the rising scale of screening and evidential testing are driving the adoption of breath analyzers in law enforcement.
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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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Research Scope
Scope - Highlights, Trends, Insights. Attractiveness, Forecast
Market Sizing - Product Type, End User, Offering Type, Technology, Region, Country, Others
Market Dynamics - Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
Business Framework - Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
Competitive Landscape - Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
Company Profiles - Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis
Market Size in 2021 - US$ 534.0 Million
Market Size in 2031 - US$ 2594.2 Million
CAGR % - 17.1%
Historic Period - 2015-2020
Forecast Period - 2022-2031
Base Year - 2021
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