Breath Analyzer Market Trends, Industry Statistics and Latest Insights 2023-2028
IMARC Group has recently released a new research study titled “Breath Analyzer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
How Big is the Breath Analyzer Market?
The global breath analyzer market size reached US$ 3.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 16.5 Billion by 2028, exhibiting a growth rate (CAGR) of 25.8% during 2023-2028.
Breath analyzers help in detecting drug and alcohol content present in the body. It is a hand-held medical device, which is primarily used for onsite detection of alcohol content by passing a sample of the exhaled breath through a solution of potassium dichromate and sulfuric acid. The solution changes in color depending on the amount of alcohol in the air sample, depicting the alcohol content in the blood. It is an easy-to-use, efficient, and convenient tool that provides immediate and accurate results. As a result, breath analyzers are used for the diagnosis of asthma, tuberculosis, and other respiratory diseases.
What Are the Growth Prospects and Trends in the Breath Analyzer Industry?
The increasing demand for breath analyzers across the globe due to the surging instances of road accidents caused by the influence of drugs and alcohol is one of the key factors primarily boosting the market growth. The rising demand for accurate and easy methods for primary diagnosis of asthma, cancer, and chronic obstructive pulmonary disease (COPD) are further driving the market growth. Apart from this, governments of several nations are implementing stringent regulations against drunk driving for better road safety, which is creating a positive outlook for the market. Other factors, such as the rising consumer expenditure power and the development of new product variants, are accelerating the market growth.
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Competitive Landscape With Key Players:
The competitive landscape of the breath analyzer market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
AK Globaltech Corp.
Akers Biosciences Inc.
Alcohol Countermeasure Systems (International) Inc.
BACtrack Inc.
Drägerwerk AG & Co. KGaA
EnviteC-Wismar GmbH
Intoximeters Inc
Lifeloc Technologies
Mpd Inc.
Quest Products LLC.
Key Market Segmentation:
The report has segmented the global breath analyzer market based on technology, application, end-user and region.
Breakup by Technology:
Fuel Cell Technology
Semiconductor Sensor
Infrared Spectroscopy
Others
Breakup by Application:
Alcohol Detection
Drug Abuse Detection
Medical Application
Breakup by End-User:
Law Enforcement Agencies
Enterprises
Others
Breakup by Region:
North America
Asia Pacific
Europe
Latin America
Middle East and Africa
Key Highlights of the Report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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