Breath Analyzer Market Analysis, Top 10 Company Profiles, Regional Revenue and Forecast


Posted July 26, 2022 by roberthenric

In 2020, Lifeloc Technologies launched LT7 and LX9 breathalyzers. These are US DOT/NHTSAapproved breath alcohol testers for law enforcement and workplace markets designed to be user-friendly.

 
The Growth in breath analyzer market can primarily be attributed to factors such as alcohol and drug abuse, stringent government regulations and increasing use of breathalyzers in detecting various diseases.

What the Market Looks Like?

Predicted to grow at a CAGR of 17.4% during the forecast period, the global Breath Analyzer Market is estimated to reach USD 1,167 million by the end of 2025. Asia Pacific region to witness the highest growth during the forecast period.

Growing alcohol and drug abuse;

In 2018, about 10,511 people in the US died because of drunk driving. Excessive alcohol consumption leads to an increased risk of developing more than 200 diseases, including liver cirrhosis and some cancers. In US almost 30 people die every day due to driving under the influence (DUI) Also, high blood alcohol content was observed in~20% of fatally injured drivers in accidents in developed countries. The growing number of road accidents caused by drunk driving and drug abuse has increased the demand for breath analyzers, as these devices assist in monitoring the presence of different compounds and measuring the blood alcohol content in a breath sample.

Technological Advancements;

The breath analyzers market is technology-driven and is projected to grow at a significant rate in the coming years. Owing to the lucrative potential of the market, a number of players are focusing on developing novel technologies and are continuously introducing accurate and easy-to-use breath analyzers. In August 2019, Y Combinator, an investment company, invested in SannTek Labs to work on a new kind of breathalyzer. This breathalyzer is designed to detect blood alcohol levels as well as the type of cannabis a person has consumed in the past 3 to 4 hours.

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Key players in the Breath Analyzer market:

Drägerwerk AG & Co. KGaA (Germany), MPD, Inc (US), Lifeloc Technologies (US), BACtrack, Inc. (US), Quest Products, Inc. (US), Akers Biosciences, Inc. (US), Intoximeter, Inc. (US), AK GlobalTech Corporation (US), Alcohol Countermeasure Systems Corporation (Canada), EnviteC-Wismar GmbH (Germany), Lion Laboratories Ltd. (UK), Pas Systems International (US), Guth Laboratories, Inc (US), Alcolizer Technology (Australia), Alcopro, Inc (US), Andatech Private Ltd (Australia), Alere (US), C4 development (China), Advanced Safety Devices (US), Bedfont Scientific Limited (UK).

What Growth Driving Factors in the Market?

The growth of the global market for Breath Analyzer is primarily influenced by the following factors:

- Growing alcohol and drug abuse

- Stringent government regulations

- Growing use of breath analyzers in detecting various diseases

- Technological advancements

- Increasing adoption of breath analyzers

Read more about Breath Analyzer market: https://www.marketsandmarkets.com/Market-Reports/breath-analyzers-market-57484012.html
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Last Updated July 26, 2022