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Market Data Forecast Syas, Breathalyzer Market to Touch 10 Billion Benchmark by 2021

The Breathalyzers Market was worth USD 6.9 billion in 2016 and estimated to be growing at a CAGR of 7.8%, to reach USD 10.1 billion by 2021.

Posted: Thursday, February 22, 2018 at 8:00 AM CST

Hyderabad, India -- (SBWire) -- 02/22/2018 --A device that quantifies and measures the blood alcohol content (BAC) in a person at a point in time is called a breathalyzer. Other methods like the urine test or blood test do not provide instantaneous results and hence are suited more for clinical testing, unlike testing with a breathalyzer.

Almost all the countries in the world have regulations describing the allowed amount of BAC in a person driving a vehicle on road or operating heavy machinery. The legally permissible amount of BAC for a driver is usually .08 grams per deciliter (g/dL) or below. The conveniently portable breathalyzers prove to be a valuable tool in maintaining law & order.

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The Breathalyzers Market was valued to be worthy of USD 6.9 billion in 2016 and is forecast to approximate USD 10.1 billion by 2021 with a CAGR of 7.8%. The significant rise in the consumption and abuse of alcohol, especially by the youth, is the major driver behind the growth of the breathalyzer market.

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In the present day, many workplaces and companies have instituted mandatory alcohol testing in their employment contracts. Several governmental services also have this before being initiated into the service. Besides intuitional usage, the use of personal breathalyzers has also been increasing in the recent past.

The rampant drug and alcohol abuse results in many road accidents worldwide, injuring and killing thousands every year. This has made many governments formulate and enact many strict regulations against drunk and drive cases to act as a deterrent for further practices. This creates a direct demand for the existing breathalyzers market globally.

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Due to the excessive use of both drugs and alcohol in countries like the U.S. and Mexico, North America provided the largest share to the global market share in 2016. Asia-Pacific region will grow with a high CAGR because of developing countries like India in the region.
The big players in the Breathalyzer Market include Lion Laboratories Limited, Alere Inc., Intoximeters Inc., Drägerwerk AG & Co. KGaA, BACtrack, C4 Development Ltd., Andatech Private Limited and Alcolizer.

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Breathalyzers Market