Aug 21, 2018   SOURCE: PR NewsWire

2018 Breath Analyzers Market Size, Share & Trends Analysis Report

DUBLIN, Aug. 21, 2018 /PRNewswire/ --

The "Breath Analyzers Market Size, Share & Trends Analysis Report By Technology (Fuel Cell, Semiconductor Sensor, Infrared Spectroscopy), By Application (Alcohol Detection, Medical), And Segment Forecasts, 2018 - 2024" report has been added to ResearchAndMarkets.com's offering.

The global breath analyzers market size is expected to reach USD 11.3 billion by 2024

The market is anticipated to expand at a CAGR of 28.8% during the forecast period. Growing demand for breath analyzers from law enforcement agencies and other institutions such as schools, sports, and offices to minimize alcohol abuse is a major market driver.

Fuel cell technology has been widely used in professional breath analyzers since it offers accuracy, alcohol specificity, and portability. Moreover, semiconductor sensor technology offers affordable breath alcohol screening devices suitable for private use. Usage of breath analyzers with infrared spectroscopy is currently limited to law enforcement agencies owing to their high cost and large size.

Growing demand for quick, accurate, and easy methods for primary diagnosis of diseases such as asthma, chronic obstructive pulmonary disease (COPD), and cancer is augmenting market growth. In addition, use of breath analyzers to monitor carbon monoxide in exhaled air for smoking cessation is expected to aid market growth during the forecast period.

The market may be impeded by factors such as uncertainty over accuracy devices, ambiguous laws about installation in offices, and high prices of devices such as infrared spectroscopes. Many breath drug detection devices are still into developmental phase as detection technology depends on the type of drug. This condition poses some uncertainty over the success of these devices.

Further key findings from the study suggest:

    --  Fuel cell technology captured the largest revenue share in 2016
        attributed to its high popularity owing to accuracy and user-friendly
        product designs
    --  Medical application is expected to show the fastest growth rate from
        2016 to 2024 due to rapid development in disease diagnosis
    --  North America is expected to maintain its dominance throughout the
        forecast period due to the presence of a large number of major market
        players, strict laws for road traffic safety, and high adoption rate of
        advanced technologies are
    --  Asia Pacific is expected to exhibit a lucrative CAGR during the forecast
        period owing to untapped market potential and growing awareness
        regarding commercially available, technologically advanced products
    --  Presence of large number of local manufacturers in Asia Pacific offering
        breath analyzers at very low costs compared to that of developed
        countries is expected to propel exports from this region

Key Topics Covered:

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources

Chapter 2. Market Snapshot

Chapter 3. Breath Analyzers Industry Outlook
3.1. Market segmentation& Scope
3.2. Market Dynamics
3.2.1. Market drivers analysis
3.2.2. Market restraints analysis
3.3. Penetration & Growth Prospect Mapping
3.4. Breath Analyzers- SWOT Analysis, By Factor (political& legal, economic and technological)
3.5. Industry analysis - Porter's Five Forces Model
3.6. Breath Analyzers: Company market share/heat map analysis, 2015

Chapter 4. Breath Analyzers Market: Technology Estimates & Trends Analysis (Revenue, USD Million, 2014 to 2024)
4.1. Breath Analyzers Market: Product Movement Analysis
4.1.1. Fuel cell technology market estimates and forecasts, by product 2014 - 2024 (USD Million)
4.1.2. Semiconductor sensor market and forecast, 2014 - 2024 (USD Million)
4.1.3. Infrared (IR) spectroscopy market and forecast, 2014 - 2024 (USD Million)
4.1.4. Others, (FAIM, mass spectroscopy, smart crystals) market and forecast, 2014 - 2024 (USD Million)

Chapter 5. Breath Analyzers Market: Application Estimates & Trends Analysis (Revenue, USD Million, 2014 to 2024)
5.1. Breath Analyzers market share, by application, 2014 & 2024
5.1.1. Drug abuse detection market estimates and forecasts, by product 2014 - 2024 (USD Million)
5.1.2. Alcohol detection market estimates and forecasts, by product 2014 - 2024 (USD Million)
5.1.3. Medical applications market estimates and forecasts, by product 2014 - 2024 (USD Million)

Chapter 6. Breath Analyzers Market: Regional Estimates & Trends Analysis (Revenue, USD Million, 2014 to 2024)

Chapter 7. Competitive Landscape

    --  Dragerwerk AG & Co. KGaA
    --  Lifeloc Technologies
    --  Quest products, Inc.
    --  Akers Biosciences Inc.
    --  Intoximeter Inc.
    --  Alcohol Countermeasure Systems Corporation
    --  MPD, Inc.
    --  AK GlobalTech Corporation
    --  Envitec Wismar GmbH
    --  Alcovisor

For more information about this report visit https://www.researchandmarkets.com/research/dgcl5m/2018_breath?w=5

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