How much will the Breath Analyzers industry be worth in the Future????



The global breath analyzers market size is expected to reach USD 11.3 billion by 2024, according to Grand View Research, Inc. The market is anticipated to expand at a CAGR of 28.8% during the forecast period. Growing demand for breath analyzers from law enforcement agencies and other institutions such as schools, sports, and offices to minimize alcohol abuse is a major market driver.
With Covid-19 infections rising globally, the apprehension regarding a shortage of essential life-saving devices and other essential medical supplies in order to prevent the spread of this pandemic and provide optimum care to the infected also widens. In addition, till a pharmacological treatment is developed, ventilators act as a vital treatment preference for the COVID-19 patients, who may require critical care. Moreover, there is an urgent need for a rapid acceleration in the manufacturing process for a wide range of test-kits (antibody tests, self-administered, and others). The report will account for Covid19 as a key market contributor.
Fuel cell technology has been widely used in professional breath analyzers since it offers accuracy, alcohol specificity, and portability. Moreover, semiconductor sensor technology offers affordable breath alcohol screening devices suitable for private use. Usage of breath analyzers with infrared spectroscopy is currently limited to law enforcement agencies owing to their high cost and large size.
Growing demand for quick, accurate, and easy methods for primary diagnosis of diseases such as asthma, chronic obstructive pulmonary disease (COPD), and cancer is augmenting market growth. In addition, use of breath analyzers to monitor carbon monoxide in exhaled air for smoking cessation is expected to aid market growth during the forecast period.
The market may be impeded by factors such as uncertainty over accuracy devices, ambiguous laws about installation in offices, and high prices of devices such as infrared spectroscopes. Many breath drug detection devices are still into developmental phase as detection technology depends on the type of drug. This condition poses some uncertainty over the success of these devices.
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Further key findings from the study suggest:
·         Fuel cell technology captured the largest revenue share in 2016 attributed to its high popularity owing to accuracy and user-friendly product designs
·         Medical application is expected to show the fastest growth rate from 2016 to 2024 due to rapid development in disease diagnosis
·         North America is expected to maintain its dominance throughout the forecast period due to the presence of a large number of major market players, strict laws for road traffic safety, and high adoption rate of advanced technologies are
·         Asia Pacific is expected to exhibit a lucrative CAGR during the forecast period owing to untapped market potential and growing awareness regarding commercially available, technologically advanced products
·         Presence of large number of local manufacturers in Asia Pacific offering breath analyzers at very low costs compared to that of developed countries is expected to propel exports from this region
·         Some of the major market players in the breath analyzers market include Dragerwerk AG & Co. KGaA; Intoximeter Inc.; Alcovisor; Quest Products, Inc.; Envitec Wismar GmbH; Lifeloc Technologies; Akers Biosciences, Inc.; Intoximeter Inc., MPD, Inc.; AK GlobalTech Corporation; and Alcohol Countermeasure Systems Corporation.
The global breath analyzers market size was valued at USD 1.4 billion in 2016. Strict implementation of road safety laws across the world and rising demand for efficient as well as accurate alcohol and narcotics detection devices are primarily propelling market growth.
Early diagnosis of diseases such as cancer, tuberculosis, and Chronic Obstructive Pulmonary Disease (COPD) plays a key role in success rate of their treatment. Breath analyzers offer quick primary diagnosis based on exhaled air contents. Growing applications in private use such as measurement of breath carbon monoxide (CO) in smoking cessation activities is expected to boost the market growth during the forecast period.
Breath analyzing devices are widely used for breath alcohol detection by law enforcement agencies to improve road traffic safety. Growing awareness levels and legal requirements in workplaces to keep the environment drug- and alcohol-free. This has resultantly increased demand from offices, workplaces, and schools. Constantly escalating demand in the recent past is anticipated to drive the breath analyzer market in near.
However, conflict over accuracy of different types of analyzers, high susceptibility to external factors like temperature, BMI of subject, and certain prescription drugs can hinder growth of the market. Nevertheless, introduction of innovative devices designed to reduce these problems is expected to drive the market growth positively.
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https://www.grandviewresearch.com/press-release/global-breath-analyzer-market
Based on type of technology used, the global breath analyzers market is segmented into fuel cell, semiconductor sensor, infrared spectroscopy, and others. Fuel cell technology captured the largest revenue share in 2016.
The use of fuel cell technology in breath analyzers has shown a significant growth in recent past. Cases of misreading of ketone and acetone amounts in breath are reduced significantly owing to alcohol sensitivity of fuel cell technology. Due to the benefits such as compact size of devices and minimum power requirements, fuel cell technology has become gold standard for hand-held devices. Demand for compact and easy-to-use analyzers is expected to provide platform for growth of the market in near future.
Grand View Research has segmented the global breath analyzers market on the basis of technology, application.
Breath Analyzer Technology Outlook (Revenue, USD Million, 2014 - 2024)
·         Fuel Cell Technology
·         Semiconductor Sensor
·         Infrared (IR) Spectroscopy
·         Others (FAIM, Mass Spectroscopy, Smart Crystals)
Breath Analyzers Application Outlook (Revenue, USD Million, 2014 - 2024)
·         Drug Abuse Detection
·         Alcohol Detection
·         Medical Applications
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.


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