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. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The report emphasizes the demands and ongoing trends of the global Breath Analyzers market, more importantly, across the major regions of the market. Additionally, our analysts have included SWOT analysis and Porter’s Five Forces analysis in the report to offer a better understanding of the competitive spectrum of this ever-evolving industry.
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.
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, despite the multiple advantages of breath analyzers, issues like discrepancy in results and hygiene considerations pose major threats to the expansion of this market.
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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.
The global Breath Analyzers market consists of various segments, including product type outlook, application spectrum, end-user overview, leading regions, and the competitive analysis. The report further provides information regarding the value chain, emerging market sectors, and the technological advancements in the industry to benefit readers and businesses looking to invest in this industry.
Key Market Competitors Profiled in the Report:
- 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.
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The global Breath Analyzers market report evaluates the latest economic scenario in terms of value and volume. It highlights the key growth drivers, restraints, production capacity, demand & supply ratio, import/export status, growth rate, and other critical aspects. Additionally, the report also performs SWOT analysis, Porter’s Five Forces analysis, speculation attainability investigation, and venture return investigation. The latest report offers a profound analysis of the present market scenario, its key product types, end-user landscape, application outlook, leading regions, competitive terrain, and the leading companies’ detailed profiles. The study performs a historical assessment of the Breath Analyzers from 2017 to 2018, focusing on the market trends, revenue share, growth rate, production capacity, pricing structure, and other vital aspects during that period. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals.
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
- Others
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Alcohol detection
- Drug abuse detection
- Tuberculosis detection
- Asthma detection
- Others
Global Breath Analyzers Market Geographical Landscape – Synopsis:
- The report closely studies the growth trajectory of the global Breath Analyzers market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
- The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.
- Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
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. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing traction of smartphone-based breath analyzers
4.2.2.2. Growing number of approvals and quality certifications from regulatory bodies
4.2.3. Market restraints analysis
4.2.3.1. Awareness regarding accuracy and hygiene
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
Chapter 5. Breath Analyzers Market By Technology Type Insights & Trends, Revenue (USD Million)
5.1. Technology Type Dynamics & Market Share, 2019 & 2027
5.1.1. Fuel cell technology
5.1.2. Semiconductor oxide sensor technology
5.1.3. Infrared spectroscopy (IR)
5.1.4. Chemical crystal technology
5.1.5. Others
Continue…
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Global Breath Analyzers Market Highlights:
- Regional demand estimation and forecast
- Product Mix Matrix
- R&D Analysis
- Cost-Benefit Analysis
- Pre-commodity pricing volatility
- Supply chain optimization analysis
- Technological updates analysis
- Raw Material Sourcing Strategy
- Competitive Analysis
Key Objectives of the Report:
- Analysis and estimation of the Breath Analyzers market size and share for the projected period of 2020-2027
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Breath Analyzers market
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