Press release
Breathalyzer Market Globally Expected to Drive Growth through 2021-2031
As per latest industry analysis published by Fact.MR, the global breathalyzer market was valued at around US$ 760 Mn in 2020, which amounts to around 13% share of the overall drug testing market. Sales of breathalyzers are slated to accelerate at a steady CAGR of 8% to top US$ 1.7 Bn by 2031.Demand for fuel cell technology in breathalyzers is set to increase at a CAGR of 6% across the assessment period of 2021 to 2031.
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Key Segments Covered in Breathalyzer Industry Research
Technology
Fuel Cell Technology
Semiconductor Sensors
Infrared Spectroscopy
Application
Breathalyzers for Alcohol Detection
Breathalyzers for Diagnosing Asthma
Breathalyzers for Diagnosing Tuberculosis
Breathalyzers for Pylori Infection Detection
Breathalyzers for Drug Abuse Detection
Breathalyzer for Disease Detection
Others
Remote Breathalyzers
Portable Breathalyzers
Pocket Breathalyzers
End User
Breathalyzer for Enterprises
Home Setting Breathalyzers
Hospital Setting Breathalyzers
Diagnostic Center Breathalyzers
Breathalyzers for Government Agencies
Breathalyzers for Law Enforcement Agencies
The Market insights of Breathalyzer will improve the revenue impact of businesses in various industries by:
• Providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the Breathalyzer Market
• Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global Breathalyzer market and offers solutions
• Assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
• Provides understanding of disruptive technology trends to help businesses make their transitions smoothly
• Helping leading companies make strategy recalibrations ahead of their competitors and peers
• Offers insights into promising synergies for top players aiming to retain their leadership position in the market & supply side analysis of Breathalyzer market .
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This report gives you access to decisive data such as:
• Demand of Breathalyzer Market & Growth drivers
• Factors limiting Breathalyzer market growth
• Current key trends of Breathalyzer Market
• Market Size of Breathalyzer and Breathalyzer Sales projections for the coming years
The report also offers key trends of Breathalyzer market and an in-depth analysis of how the projected growth factors will shape the Breathalyzer market dynamics in the coming years of the forecast period.
Moreover, it also gives meaningful as well as actionable insights on the competitive analysis of Breathalyzer Market that are developing the current market scenario and which will be lucrative for the future demand of Breathalyzer Market.
Crucial insights in Breathalyzer market research report:
• Underlying macro- and microeconomic factors impacting the Sales of Breathalyzer market.
• Basic overview of the Breathalyzer, including market definition, classification, and applications.
• Scrutinization of each market player based on mergers & acquisitions, R&D projects, and product launches.
• Adoption trend and supply side analysis of Breathalyzer across various industries.
• Important regions and countries offering lucrative opportunities to market stakeholders.
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Which are the Growth Determinants for the Market of Breathalyzers?
Demand for breathalyzers has been on a perpetual rise on account of increasing instances of alcohol abuse. The government of various countries have regulated stringent laws to prevent the number of road mishaps and ensure the seamlessness of traffic, which is expected to fuel the demand for drug abuse detection breathalyzers, remote breathalyzers, and point-of-care breathalyzers.
In addition to alcohol detection, alcohol breathalyzers are also used in diagnosing asthma, tuberculosis, and pylori infection detection. As a result, breathalyzers are witnessing a proliferated rate of adoption in medical settings and diagnostic centers.
Breathalyzer manufacturers are also targeting opportunities arising for drug detection. Using breathalyzers for drug detection can pave the way for further adoption and drive market growth for drug abuse detection breathalyzers.
What Barriers are being Faced by Breathalyzer Manufacturers?
Uncertainty over the accuracy of the results displayed by the breathalyzers, on account of their inability to distinguish alcohol from other chemical compounds consisting of a methyl group structure is anticipated to dampen the growth of the point-of-care breathalyzer market.
Alcohol breath testing is frowned upon in the workplace since it is perceived as a violation of privacy. Another stumbling block to the widespread usage of alcohol breathalyzers is the lack of hygienic conditions for their use.
Browse More Reports by Fact.MR : -https://www.einpresswire.com/article/557298123/demand-for-independent-front-suspension-is-estimated-to-remain-high-owing-to-the-system-of-better-handling-stability
Competitive Landscape
Manufacturers of breathalyzers are concentrating their R&D efforts on new product development to expand their product portfolio in the global electronic breathalyzer market.
Partnerships and collaborations are two of the most common strategies used by industry players to expand their market share.
Intoximeters, INC. developed a breathalyzer, Alco Sensor IV, which provides an accurate and economical method of determining the blood alcohol concentration (BAC testing). The device is easily accessible and is developed using integrated fuel cell technology. The device is extensively used by law enforcement bodies as a preliminary breathalyzer.
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