Pune, India -- (SBWire) -- 02/20/2018 --The Global Breath Analyzers Market accounted to USD 524.2illion in 2016 growing at a CAGR of 26.2% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Market Definition: Global Breath Analyzers Market
Breath analyzers are the devices that are used to detect the presence of several compounds in the breath sample of individuals. These devices are mostly used to measure blood alcohol content (BAC) through an exhaled breath. Breath analyzers are considered as major tool for the detection of drugs, alcohol, tuberculosis, asthma and other diseases. Breath analyzing devices are widely used for breath alcohol detection by law enforcement agencies to improve the road traffic safety.
Global Breath Analyzers Market by Technology (Fuel Cell Technology, Semiconductor Oxide Sensor Technology), By Application (Alcohol Detection, Drug Abuse Detection, Medical Applications), By End User (Law Enforcement Agencies, Hospitals, Individuals), By Geography – Industry Trends and Forecast to 2024
Complete report on Global Breath Analyzers Market Research Report 2017-2024 spread across 350 Pages, profiling Top companies and supports with tables and figures
Key Questions Answered in Global Breath Analyzers Market Report:-
Our Report offers:-
- What will the market growth rate, Overview and Analysis by Type of Global Breath Analyzers Market in 2024?
- What are the key factors driving, Analysis by Applications and Countries Global Breath Analyzers Market?
- What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Breath Analyzers Market?
- Who are Opportunities, Risk and Driving Force of Global Breath Analyzers Market?
- Who are the opportunities and threats faced by the vendors in Global Breath Analyzers Market? Business Overview by Type, Applications, Gross Margin and Market Share
- What are the Global Breath Analyzers Market opportunities, market risk and market overview of the Market?
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Top Key Players:
- AK GlobalTech Corp.
- Akers Biosciences, Inc.
- Alcohol Countermeasure Systems Corp.
- BACtrack
- Drägerwerk AG & Co. KGaA
- Lifeloc Technologies, Inc.
- MPD, Inc.
- Quest Products, Inc.
- Shenzhen Well Electric Co. Ltd.
- Alcolizer Pty Ltd.
- Newline Interactive Inc.
- uVera Diagnostics
- PAS Systems International Alcohol Sensor Systems
- Ekips Technologies, Inc.
- Intoximeters
- Quest Products, Inc.
- CMI Inc.
- Bedfont Scientific Ltd.
- MD Diagnostics Ltd.
- FAN GmbH
- among others.
Major Market Drivers:
- Increased incidences of accidents due to alcohol consumption
- Increasing alcohol abuse
- Strict acts for mandatory alcohol testing
- Government initiatives for alcohol testing
- High prices of analyzers
- Lack of skilled professionals for regulation of the device.
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Competitive Analysis: Global Breath Analyzers Market
The breath analyzers market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of breath analyzers market for global, Europe, North America, Asia Pacific and South America.
Market Segmentations:
Global Breath Analyzers Market is segmented on the basis of
- Technology
- Application
- End User
- Geography
Market Segmentations in Details:
On the basis of Technology into fuel cell technology, semiconductor oxide sensor technology and others. Others is further sub segmented into infrared breathalyzers and chemical crystal technology.
On the basis of Application the market is segmented into alcohol detection, drug abuse detection and medical applications. Medical Applications are further sub segmented into tuberculosis detection, asthma detection and others.
On the basis of End User the market is segmented into law enforcement agencies, hospitals and individuals.
On the basis of Geography,
- North America
- South America
- Europe
- Asia-Pacific
- Middle East & Africa
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Global Breath Analyzers Market Is Projected to Grow at a CAGR of 26.2% with Latest Trend, Share Analysis, Growth, Application, Major Players and Forecast to 2024
Worldwide Breath Analyzers Industry 2017 Market Research Report has been examined in detail to help customers with all the fundamental information to outline strategic business judgments and propose vital development designs. The Global Breath Analyzers Market report offers an extensive understanding into the advancement strategies and plans notwithstanding producing procedures and cost structures.