Breath Analyzer Market Is Predicted To Grow Swiftly Due To The Worldwide Implementation Of Strict Road-Safety Laws Till 2024: Grand View Research, Inc.
The global Breath Analyzer Market is expected to reach USD
11.3 billion by 2024, according to a new report by Grand View Research, Inc.
Major drivers of the market include the demand for breath analyzers arising
from the law enforcement agencies as well as other institutions, such as
schools, sports, and offices, to minimize alcohol abuse and ensure safety in
workplace settings.
The fuel cell technology has been
widely used in professional breath analyzers as it offers accuracy, alcohol
specificity, and portability. Moreover, the semiconductor sensor technology
offers affordable breath alcohol screening devices that are mostly used by
private consumers. Breath analyzers that use infrared spectroscopy are
currently limited to the law enforcement agencies owing to their high cost and
large device size.
The growing demand for quick and
easy methods for the primary diagnosis of diseases, such as asthma, chronic
obstructive pulmonary disease, and cancer is augmenting the growth of the
global market. In addition, the rising adoption of breath analyzers in smoking
cessation programs to detect carbon monoxide in the exhaled air is augmenting
the market growth.
Uncertainty with regard to the
accuracy of the devices, the ambiguous laws about installing these devices in
offices, and the high prices attached to infrared spectroscopy are the factors
that challenge the growth of the global market. Many of the drug detection
devices that identify the presence of drugs in the exhaled breath are still in
the developmental phase as the detection technology used will depend on the
type of the drug. Hence, this poses some uncertainty for the success of these
devices.
Browse full research report on Breath
Analyzer Market Analysis:
Further key findings from the report suggest:
- In 2015, the
fuel cell technology segment accounted for the largest share of the market
at31.8%. The dominance of the segment is attributed to the popularity of
this technology owing to its accuracy and user-friendly product designs.
- The medical
application segment is expected to witness the fastest growth from 2016 to
2024 owing to the rapid development of disease diagnostics, such as breath
analyzers for asthma and Chronic Obstructive Pulmonary Diseases (COPD)
- North America
captured the largest market share at over half of the total revenue in
2015 and is expected to maintain its dominance throughout the forecast
period. The presence of a large number of major market players, strict
laws for road traffic safety, and a high adoption rate of the advanced
technologies are the factors driving the market growth in this region.
- The Asia
Pacific market is expected to grow at a lucrative CAGR of around 32%
during the forecast period. The existence of a large untapped market and
the growing awareness regarding the commercially available and technically
advanced products are some of the major drivers of the market in the region.
- The presence
of a large number of local manufacturers in the Asia Pacific region
offering low-cost breath analyzers in comparison to other manufacturers
based in developed countries is one of the factors expected to propel the
exports from this region
- Some key
players in the Breath Analyzer Market include Dragerwerk AG & Co.
KGaA, Intoximeter, Inc., Alcovisor, Quest products, Inc., Lifeloc
Technologies, Akers Biosciences, Inc., MPD, Inc., AK GlobalTech Corp.,
Alcohol Countermeasure Systems Corp., and EnviteC-Wismar GmbH
For more information: http://www.grandviewresearch.com
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