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Breath Analyzer Market Size 2022 [PDF] Trend and Forecast|Drägerwerk, Lifeloc Technologies, Quest Products, Intoximeters

Breath Analyzer

Breath Analyzer

SEATTLE, UNITED STATES, UNITED STATES, June 29, 2022 /EINPresswire.com/ -- Description

New Research Study “”Breath Analyzer Market 2022 analysis by Market Growth (Drivers, Constraints, Opportunities, Threats, Challenges and Business Opportunities), Size, Share and Outlook“” has been added to Coherent Market Insights

The global Breath Analyzer market size was valued at $4.1 billion in 2021, and is projected to reach $9.1 million by 2030, registering a CAGR of 16.1% from 2022 to 2030.

The Breath Analyzer is a device used to track the Blood Alcohol Content (BAC) in an individual, through a breath sample. The test performed depends upon the relationship between alcohol in the blood or in the breath flowing through the lungs. Increasing trend for extreme alcohol consumption resulting into a road accidents; has increased the usage of breathalyzer devices. Favorable government initiatives are also driving the market growth. Breathalyzer devices are also gaining importance due to the increasing demand at work place for effective BAC (blood alcohol content) level and its non-invasive nature which is increasing the demand for breath analyzer devices.

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According to a recent analysis by Coherent Market Insights, Inc., the worldwide breath analyzers market is expected to reach $9.1 billion by 2030. From 2022 to 2030, the industry is predicted to grow at a profitable CAGR of 16.1 percent. The primary drivers driving market expansion include increasing demand for breath analyzers from law enforcement agencies and other institutions, as well as initiatives by leading firms.

Because of its accuracy, alcohol specificity, and mobility, fuel cell technology is commonly employed in professional breath analyzers. On the other side, semiconductor sensor technology enables the development of low-cost breath alcohol screening devices for personal use. Due to their high cost and enormous size, the use of breath analyzers employing infrared spectroscopy is presently confined to law enforcement agencies.

Major Key players in this Market:

• Drägerwerk AG & Co. KGaA
• Lifeloc Technologies, Inc.
• Quest Products, Inc.
• Intoximeters
• Alcohol Countermeasure Systems Corp.
• AK GlobalTech Corp.
• Bedfont Scientific Ltd.
• Tanita
• Lion Laboratories
• Shenzhen Ztsense Hi-Tech Co., Ltd

Detailed Segmentation:

By Technologies
Semiconductor Sensor
Fuel Cell
Infrared Adsorption

By Application
Drug Abuse Detection
Alcohol Detection
Asthma Detection
H.pylori Infection Detection
Tuberculosis Detection
Others

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Regional Outlook:

The Asia Pacific, North America, Europe, Latin America, and the Rest of the World are examined in the geographical analysis of the worldwide Breath Analyzer market. Because of its well-established Healthcare service providers and big consumer base, North America is the world’s leading/significant area in terms of market share. Over the projected period 2022-2030, Asia-Pacific is expected to have the greatest growth rate/CAGR.

Method of Research

The report provides first-hand information performed by key players using quantitative & qualitative assessment as per the parameters of the Porter’s Five Force Model. It throws light on the macro-economic indicators, parent market trends, and growth factors. Primary (surveys, interviews, and questionnaires) & secondary researches (SEC filings, white paper references, and published reports) have been carried out to provide a better understanding of the market. The data used in the report has passed multi-step verification to assure both the authenticity as well as the quality of the insight that is provided. Bottom-up & top-down approaches are also used for ensuring the credibility of the valuations and market segments.

The following are the study objectives for this report:

✔SWOT Analysis focuses on worldwide main manufacturers to define, assess, and analyse market competition. By kind, application, and region, the market is defined, described, and forecasted.
✔Examine the global and main regional market potential and advantage, opportunity and challenge, constraints and risks.
✔Determine whether trends and factors are driving or limiting market growth.
✔By identifying high-growth categories, stakeholders would be able to analyse market potential.
✔Conduct a strategic study of each submarket’s growth trends and market contribution.
✔Expansions, agreements, new product launches, and acquisitions in the market are all examples of competitive developments.
✔To create a strategic profile of the main players and analyse their growth plans in depth.

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