Breath Analyzer Market Set for Rapid Growth to Reach Around $1,600.0 Mn in 2021
Global breath analyzer market will hit USD 1,600.0 million in 2021, growing at a CAGR of 25% during 2016 and 2021.
Sarasota, FL -- (SBWire) -- 03/15/2018 --Zion Market Research has published a new report titled "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". According to the report, global breath analyzer market was valued at USD 500.0million in 2015, is expected to reach USD 1,600.0 million in 2021 and is anticipated to grow at a CAGR of around 25% between 2016 and 2021.
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The breath alyzer is actually a brand name trademarked by the breath analyzer's creator. Breathalyzer term has since become a routinely utilized term to refer to all breath examination tests employ as a part of the field.Nowadays, the breathalyzer is utilized by law enforcement officers during traffic stops when the driver is suspected of driving under the influence of alcohol. The breath analyzer is usually used to test an individual's blood alcohol content.
The market growth of global breath analyzer market has been accelerated by increasing alcohol consumption, drug abuse, and strict government laws. Growing demand from healthcare industry for disease identification is one of the major driving factors for growth of the market. Unhygienic conditions for use and lower accuracy of the devices are expected to hamper the growth of breath analyzer market over the years. However, ongoing research and development in the breath analyzer devices market are expected to open up new growth opportunities in coming years.
The market is segmented on the basis of technology, application, end users and regions. Technology segment includes semiconductor oxide sensor technology and fuel cell technology. The key applications covered under this study include alcohol detection, drug abuse detection, and medical applications. Among all, alcohol detection and drug abuse detection were the largest application segments that accounted for a significant share of global breath analyzer in 2015. By end user segment breath analyzer market is mainly categorized into law enforcement agencies, enterprises, and individuals application.
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Geographically, breath analyzer market is segmented into North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa. North America represented the major share in the global breath analyzer market in 2015. However, In Asia Pacific region due to the presence of developing countries like China and India is expected to witness growth in the forecast period. Increase probability of road accidents is one of the major reasons to drive the breath analyzer market in this region.
Drägerwerk AG & Co. KGaA, Alcohol Countermeasure Systems Corporation, Akers Biosciences, Inc, Lifeloc Technologies, Quest products, Inc, BACtrackInc, and MDP among others are some of the leading profiles in the breath analyzers market.
Browse the full "Breath Analyzers Market" report at https://www.zionmarketresearch.com/report/breath-analyzers-market
Breath Analyzer Market: Technology Segment Analysis
Semiconductor oxide sensor technology
Fuel cell technology
Breath Analyzer Market: Application Segment Analysis
Drug abuse detection
Breath Analyzer Market: End User Segment Analysis
Law enforcement agencies
Law enforcement Enterprises
Law enforcement Individuals
Breath Analyzer Market: Regional Segment Analysis
The Middle East and Africa
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