Drink & Drive, Road Accidents Augment the Breath Analyzer Market Growth Reports
The report covers forecast and analysis for the breath analyzer market on a global and regional level. The study provides historic data of 2015 along with a forecast from 2016 to 2021 based on revenue (USD million). The study includes drivers and restraints for the breath analyzer market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the breath analyzer market on a global level.
Breath analyzer is the device generally used to estimate the alcohol content of the breath sample. Breathe analyzers are the compact medical device. It is considered as the important tool for the detection of drugs and alcohol in blood, and diagnosis of chronic diseases such as asthma, tuberculosis, cancer, and others diseases. Globally, almost 50% of road accidents occur due to excessive alcohol consumption and drug abuse. It is likely that one person is killed in every 32 minutes and another person is injured in every 26 seconds in alcohol-related accidents. Breath analyzer is key equipment for enforcing drink and drive laws. The fuel cells type technology are the most commonly used breath analyzer in the market. The alcohol concentration in a person's breath is the energy for the fuel cell. Higher the concentrations of alcohol content, more electricity will be generated. This device measures the strength of the current to determine the blood alcohol content.
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According to the report, the global breath analyzer market is expected to reach USD 1,600.0 million by 2021, growing at a CAGR of around 25% between 2015 and 2021.
Globally, breath analyzer market is accelerated mainly due to the sudden rise in alcohol consumption and drug abusing across the globe. Moreover, increasing demand of breath analyzer in the healthcare industry for disease identification coupled with increasing use of smart-phone based breath analyzers is a major factor which is responsible for fueling the growth of breath analyzer market. Furthermore, strict government laws and regulations are also expected to synergize the growth of global breath analyzer market. However, low accuracy of the device is the major restraint for the growth of breath analyzers market. Nonetheless, many pipeline products and untapped market of Asia Pacific are major opportunities for upcoming manufacturers of global breath analyzers markets.
Browse the full "Breath Analyzers Market (Fuel Cell, Semiconductor, Infrared and Crystal) by Application (Alcohol, Drug Abuse, Tuberculosis, Asthma and Cancer), by End-user (Law Enforcement, Enterprises and Individuals) - Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021" report at https://www.zionmarketresearch.com/report/breath-analyzers-market
This report forecast and analyses the breath analyzers market on a global and regional level. This study provides the historic data of 2015 along with a forecast from 2016 to 2021 based on revenue (USD million). The report also includes analysis of Porter’s Five Forces model for the breath analyzers market. In addition, the report describes several driving and restraining factors and their impact on the breath analyzers market. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides detailed segmentation of the breath analyzers market based on by technology, application, end-user, and region.
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Geographically, the breath analyzers market has been segmented into five regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. These regions are further segmented into the U.S., UK, Germany, France, China, Japan, India, and Brazil. The demand of breath analyzers in all regions has been analyzed and forecast based on the basis of current trends for the period of six years. North America holds the largest market share of breath analyzers in 2015 in terms of revenue followed by Europe. This growth is attributed due to excessive alcohol consumption, increasing awareness, and government initiatives in this region. The breath analyzers market is expected to witness the highest growth in the Asia-Pacific region in the coming years due to increasing focus on improvement of breath testing devices for medical diagnosis. The market in this region may also be driven by the rising number of vehicle accidents due to excessive alcohol consumption.
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Key market players of breath analyzers market include Drägerwerk AG & Co. KGaA, Alcohol Countermeasure Systems Corporation, Akers Biosciences, Inc, Lifeloc Technologies, Quest Products, Inc., BACtrackInc, and MDP.
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