The global Breath Analyzers Market will be worth USD 22.79 billion by 2027, according to a recent report by Emergen Research. Factors like increasing alcohol and substance abuse coupled with strict government laws are the major factors driving market growth. Growing number of approvals from restrictive bodies like the European Commission and U.S. FDA, along with increasing traction of smartphone-based breath analyzers is accelerating the market growth. There are innovative product offerings by major companies operating in the market, particularly for medical applications, are anticipated to fuel the growth of breath analyzers market across the globe throughout the forecast period. However, despite the multiple advantages of breath analyzers, issues like discrepancy in results and hygiene considerations pose major threats to the expansion of this market.The report provides Breath Analyzers market forecast, supported by detailed insights historical data and revenues, past and current market trends, industry trends, consumer trends, market size, market share, market growth, along with ranging impacts of each factor and driver. One of the report’s central components is the broad Breath Analyzers market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders.
Breath analyzers are also gaining traction because of the increasing demand for effective BAC (blood alcohol content) level measuring devices at workplace coupled with its non-invasive nature. It is a vital tool for tuberculosis, observance medicine, alcohol, bronchial asthma, and other diseases. According to our analysts, it is projected that the demand for this technique is ought to rise perpetually. However, inexact analysis is likely to cause incorrect diagnosing which is a major restraint of the market. Emerging markets across the globe are focusing on dual sensor technology which has potential to drive the market in future. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2020–2028. The report includes profiles of major players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.
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Global Breath Analyzers market forecast has been provided following thorough study, focus, comparison, and analysis of a varying range of factors and past market forecast and present outcomes. Breath Analyzers Market forecast is made possible through, but has not been limited to, a study and analysis of a variety of factors and trends, and these are verified through interviews with industry experts and companies operating in the market. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the Breath Analyzers market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive Breath Analyzers market revenue growth to a significant extent over the forecast period.
Top key vendors in Breath Analyzers Market include are:
Alcohol Countermeasure Systems, Quest products, Inc., Alcovisor, AK GlobalTech Corp, Dragerwerk AG & Co. KGaA, Lifeloc Technologies, Corp., Akers Biosciences, Inc. and Toshiba Medical Systems among others.
Key Highlights From The Report.
- In March 2020, Cannabix Technologies Inc., a marijuana breath analyzer developer based out of Canada, developed the version 2 of their already existing THC Breath Analyzer (THCBA). The THCBA now has better and attractive features like single-stage direct breath capability and single-hand ergonomic design. During testing, it has been noticed that the device is capable of providing results in under 5 minutes.
- With a progressive CAGR of 29.3% during the forecast period, Asia Pacific in likely to exhibit a profitable share of the industry owing to untapped market potential and increasing awareness about technologically advanced and commercially available products.
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The report’s authors have offered necessary details on the latest Breath Analyzers market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Breath Analyzers industry entails useful insights into the estimated Breath Analyzers market size, revenue share, and sales & distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcomes in the near future.
For the purpose of this report, Emergen Research has segmented into the global Breath Analyzers Market on the technology, application and region:
- Technology Outlook (Revenue, USD Billion; 2017-2027)
- Fuel cell technology
- Semiconductor oxide sensor technology
- Infrared spectroscopy (IR)
- Chemical crystal technology
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Alcohol detection
- Drug abuse detection
- Tuberculosis detection
- Asthma detection
Region wise performance of the Breath Analyzers industry
North America Breath Analyzers market forecast is expected to remain significantly positive in terms of revenue share between 2020 and 2028. In addition, North America Breath Analyzers market revenue share is expected to remain comparatively larger than that of other regional markets from 2020 to 2028.
Asia Pacific registered fastest revenue CAGR in 2020, and the Breath Analyzers market forecast is that this trend is expected to continue going ahead. Market forecast states that revenue share contribution from China, India, and South Korea is expected to remain robust till 2028.
Europe Breath Analyzers market forecast is positive currently, with revenue growth expected to remain steady between 2020 and 2028. Robust focus on research and development initiatives by major firms and changing trends and demographics in countries in the region are some factors expected to continue to support Breath Analyzers market growth.
Key geographical areas:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
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Table of Content
Chapter 1. Methodology & Sources
1.1. Breath Analyzers Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Breath Analyzers Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Breath Analyzers Market Segmentation & Impact Analysis
4.1. Breath Analyzers Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Breath Analyzers Market indicators analysis
4.2.2. Breath Analyzers Market drivers analysis
184.108.40.206. Rapid urbanization and industrialization
220.127.116.11. Stringent government regulations regarding carbon emissions
18.104.22.168. Increasing prevalence of respiratory diseases
22.214.171.124. Rising need to enhance indoor air quality
4.2.3. Breath Analyzers Market restraints analysis
126.96.36.199. High cost associated with the maintenance of Breath Analyzers products
188.8.131.52. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Key questions addressed in the report:
- What are the key factors driving the global Breath Analyzers market?
- Who are the key manufacturers in this market space?
- Who are the distributors, traders and dealers of this market?
- What are the market opportunities and risks affecting the performance of the vendors in the global Breath Analyzers market?
- What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
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