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Global Breath Analyzer Market Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2022

02-09-2018 12:45 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

Increasing incidence of road accidents caused from driving under influence of alcohol has made breathalyzers or breath analyzers a critical medical device. From law enforcement authorities to medical professionals, the application of breath analyzers continues to gain grounds across multiple end-users. This Fact.MR report analyzes the expansion of global breath analyzer market till date, and provides key insights on the growth of the market during the forecast period, 2017-2022.

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Scope

The scope of Fact.MR’s report is to analyze the global breath analyzer market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Medical device manufacturers, research institutes, and raw material suppliers in the global breath analyzer market can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and medical journals pertaining to breath analyzers.

In order to offer readers with up-to-date information about the latest advancements in the global breath analyzer market, the report provides updates about market opportunities, which can benefit leading manufacturers of breath analyzers. With continuous evolution of the healthcare sector, keeping a record of latest developments and trends is fundamental for breath analyzer manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, regulatory approvals, pricing analysis, list of distributors, and cost structure are provided in this section.

The scope of breath analyzers continues to expand across healthcare markets, and the report has fragmented the vast expanse of global breath analyzers market by offering a segment-wise analysis and forecast. Product type, end-use, application, technology, and region are the key segments analyzed in the report. In this section, the report also provides a detailed country-wise forecast across all key market parameters associated with the breath analyzer market.

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Forecast Highlights

In 2017, more than two-third of the global breath analyzer market value was accounted by sales of active breathalyzers. Towards the end of forecast period, the global market for breath analyzers will witness a steadfast rise in demand for active breath analyzers, making them the top-selling product range. Revenues amassed from global sales of passive breath analyzers will also gain traction, reflecting a robust CAGR during the forecast period.
In the US, breath alcohol content readings are critical evidence tests used in criminal prosecutions. The demand for breath analyzers in North America continues to surge on the grounds of their importance as a tool of evidence in court proceedings. According to the US law, driving a vehicle with a BrAC (breath alcohol concentration) of 0.08% and above is illegal. The report projects that by the end of 2022, North America will emerge to be the largest market for breath analyzers, soaring at an impressive CAGR of 7.9%.
3. The breath analyzer market in Europe is also expected to reflect growth at robust CAGR over the forecast period. Increasing consumption of alcohol, easy availability of retail liquor and prevalence of cars as primary vehicle for commute is expected to boost the adoption of breath analyzer in law enforcement agencies across European countries.
Close to two-fifth of the global breath analyzer market revenues will be procured from sales of breathalyzers in government agencies. In 2017 and beyond, government agencies will remain the largest end-users of breath analyzers in the world.
Likewise, a considerable share of breath analyzers sold in the global market will be used for law enforcement purposes. While alcohol detection continues to be the largest application of breath analyzers, their demand in drug abuse detection is also expected to gain traction. By the end of 2022, more than US$ 200 Mn worth of breath analyzers will be sold for their application in drug abuse detection.
Manufacturers of breath analyzers are focusing towards extending the breath analytical abilities of their devices. Currently, fuel cell technology accounts for more than half of revenues procured from global sales of breath analyzers. Between 2017 and 2022, the demand for semiconductor sensor technology will witness steady traction, creating an incremental opportunity of more than US$ 50 Mn.
Competition Tracking

The report has also profiled leading manufacturers of breath analyzers in the global market. Lingraphica, Lifeloc technologies INC, Toby Churchill Limited, Saltillo Corporation, Quest Products INC, Tobii Dynavox, Intoximeters, INC, Prentke Romich Company INC, Dragerwerk AG and AK Global Technology are key companies that will actively partake in the growth of global breath analyzer market during 2017-2022.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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