Number Of Road Accidents Caused By Alcohol Intake And Stringent Law Enforcement Elevating The Breath Analyzer Market

Posted on 2018-08-16 by Goldstein Research in Healthcare // 0 Comments

New York, USA, 2018-Aug-16 — /EPR Network/ —Breath analyzers are used to analyze blood alcohol content (BAC) i.e. absorption of ethanol in the breath. Substance abuse leads to deadly accidents, change in behaviour and dependency. In 2015, around 13,026 people were dead due to drinking and driving accidents in the U.S, in which 30% were road accidents. Driving under the consequences of alcohol abuse is illegitimate and maximum BAC allowed is 0.052%-0.085% in various countries. Traditionally, breath analyzers used a liquid dye for exposure of ethane and utilize photodetection technique. Now, breath analyzer uses the ethanol in the breath whose output is correlative to the ethanol absorption.

According to Goldstein Research, global breath analyzers market is segmented on the basis of technology, application and end user. On the basis of technology, the fuel cell is the largest segment which holds a market share of around 43.0% in 2016 as it has the capacity to deliver an accurate analysis of BAC in individuals.

Fuel cell technology segment was valued at USD 0.51 billion in 2016 and is expected to reach at USD 2.02 billion by 2024. On the basis of geography, North America breath analyzers market generated around 45.0% market share in 2016 and expected to account USD 2.79 billion by 2024 from USD 0.53 billion in 2016. Europe is the second largest region after North America which contributed a market share of around 30.0% in 2016 with a value of USD 0.50 billion in 2016. Asia Pacific is the fastest growing market and is expected to grow at a promising CAGR of 30.0% over the forecast period. The existence of a large number of manufacturers offering and large-scale availability of low-cost breath analyzers are swelling the demand for breath analyzers.

“Global Breath Analyzers Market Outlook, 2016-2024” covers the present ground scenario and future opportunity prospects for the market players to analyze the target markets across the globe. Moreover, the competitive analysis includes the in-depth analysis of the major players and leaders in the healthcare industry. The market study conducted on the basis of primary as well as secondary research where the analysts fragment the data from various databases such as Bloomberg, Factiva, Owler and others.

Our primary research team conducted various interviews, surveys and group discussions of industry breath analyzers manufacturers, suppliers, and distributors, pharmaceutical & biotechnology companies, healthcare institutions, clinical centres, medical research laboratories and academic medical centres and universities to analyze the future prospects of the overall healthcare industry.

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Market Segmentation

Global Breath Analyzers Market Segmentation can be classified on the basis of:

By Technology

Fuel cell
Semi-conductors
Infrared

By Application

Alcohol detection
Drug abuse detection
Medical applications

By End User

Law enforcement
Enterprises
Others (Individuals)

By Geography

North America (US, Canada) Breath Analyzers Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) Breath Analyzers Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Mthe middle East & Africa) Breath Analyzers Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Latin America (Brazil, Mexico and Rest of Latin America) Breath Analyzers Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) Breath Analyzers Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

Browse Full Report: https://www.goldsteinresearch.com/report/global-breath-analyzers-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

Market Trends, Drivers & Challenges

Government initiatives to minimize drink and drive cases are the primary factors which are fostering the growth of global breath analyzers market. Breath analyzers are also used in medical purposes for diagnostics breath related issues such as tuberculosis, asthma and other diseases. Rising demand for breath analyzers in medical facilities along with the advancement in breath analyzers is fostering the growth of global breath analyzers market. However, lack of awareness in major sectors and low adoption rate in developing nations are the two major restraints for the global breath analyzers market.

“Breath Analyzer Market Report” has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the market space. The market research report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global breath analyzer market report also recognizes value chain analysis to understand the cost differentiation to provide the competitive advantage to the existing and new entry players.

Key questions answered in this Global Breath Analyzer Report

What is the Global Breath Analyzer Market Size by 2024 and what would be the expected growth rate of the market?
What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
What are the breath analyzer market trends?
What are the factors which are driving this market?
What are the major barriers to breath analyzer market growth?
Who are the key vendors in this market space?
What are the market opportunities for the existing and entry-level players?
What are the recent developments and business strategy of the key players?

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts.

Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working in healthcare market reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

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