Breath Analyzers Market Size, Share, Growth, Sales Revenue and Key Drivers Analysis Research Report by 2027

iCrowd Newswire
22 Jan 2021, 09:21 GMT+10

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.

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.

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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.

The report further analyzes the factors and initiatives contributing to the growth of the market. The study suggests that the leading companies are capitalizing on the opportunities emerging in the market and are expected to benefit from the options. The shift in consumer preferences and growing demand will contribute to the growth of the market.

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Key market players included in the study are:

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.

The report analyzes the strategic alliances observed in the market for new products, partnerships, and collaborations between key players. The report investigates key aspects such as financial standing, research and development, product offerings, current deals, investments, and strategic alliances such as mergers and acquisitions, joint ventures, product launches, brand promotions, and corporate deals, among others.

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

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The study further explores and provides an in-depth analysis of current market dynamics and recent trends, focusing on various key factors and potential growth opportunities and risks. The report focuses on leading regions and their major countries to anticipate market growth in the forecast years. The major geographical regions included in the study are North America, Asia Pacific, Europe, Latin America, and Middle East & Africa.

The complete regional analysis covers:

North America (U.S., Canada, Mexico)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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

Chapter 6. Breath Analyzers Market By Application Insights & Trends Revenue (USD Million), Volume (Kilo Tons)

6.1. Application Dynamics & Market Share, 2019 & 2027

6.1.1. Alcohol detection

6.1.2. Drug abuse detection

6.1.3. Tuberculosis detection

6.1.4. Asthma detection

6.1.5. Others

To Be Continued…!

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