The actions of competitors or major players has a great effect on the market and Healthare industry as a whole with respect to its sales, import, export, revenue and CAGR values hence it is covered thoroughly in Breath Analyzers Market report. It gives professional and in depth overview of the market which focuses on primary and secondary drivers, market share, leading segments and geographical analysis. This business report also makes available the company profiles, product specifications, production value, contact details of manufacturer and market shares for company. Global Breath Analyzers market report comprises of the drivers and restraints for the market that are derived from SWOT analysis.
Global breath analyzers market is registering a healthy CAGR of 31.21% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market can be attributed due to advancements in research and development had expanded the usage of breath testing devices in the sector of healthcare for diagnosis which is contributing to the market growth.
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Few of the major market competitors currently working in the global breath analyzers market are Abbott, Thermo Fisher Scientific, Lifeloc Technologies Inc., Quest Products, Inc., BACtrack, Drägerwerk AG & Co. KGaA, Intoximeters, Alcolizer Pty Ltd., Breathalyzers, Akers Biosciences, Inc., Alcohol Countermeasure Systems Corp, Bedfont Scientific Ltd., PAS Systems International Alcohol Sensor Systems, CMI Inc., MD Diagnostics Ltd – The Breath Test Experts, FAN GmbH, Newline Interactive Inc., Hanwei Electronics Group Corporation, Mangal Security Products, Electronic Sensor Technology, INTECH Group, RTP Company and Amrutha Technologies among others.
Market Definition: Global Breath Analyzers Market
Breath analyzers are the devices which are used to analyze the concentration of alcohol in the blood. It is done through oral fluid sample or through a breath sample. Breath analyzers are regarded as the most efficient and most widely used devices for detection of drugs, alcohol, asthma and tuberculosis detection. It is widely used by law enforcement agencies and government to improve the road safety. It is also used in the hospitals for detection of various diseases.
Segmentation: Global Breath Analyzers Market
Breath Analyzers Market : By Equipment
- Oral Fluid
- Fuel Cell
- Chromatography Instruments
Breath Analyzers Market : By Sample Type
- Oral Fluid Sample
- Breath Sample
Breath Analyzers Market : By Technology
- Fuel Cell Technology
- Semiconductor Oxide Sensor Technology
- Other Technologies
Breath Analyzers Market : By Application
- Alcohol Detection
- Drug Abuse Detection
- Medical Applications
Breath Analyzers Market : By End User
- Law Enforcement Agencies
Breath Analyzers Market : By Geography
- North America
- South America
- Middle East and Africa
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Breath Analyzers Market Drivers
- The stringent laws prevailing for alcohol testing is driving the market growth
- The rising alcohol abuse is fueling the market growth
- The various government initiatives for alcohol testing is propelling the market growth
- The surging approvals and quality certifications from approval bodies is driving the market growth
- The surging incidents of accidents globally due to alcohol consumption is fueling the market growth
Breath Analyzers Market Restraints
- The challenges related to breathing sampling is hindering the market growth
- The various accuracy issues related to breath analyzers is hampering the market growth
- The testing of alcohol is considered as the violating the privacy rights is restraining the market growth
- The lack of skilled professionals is hindering the market growth
- The high prices of analyzers is hampering the market growth
Key Developments in the Breath Analyzers Market:
- In March 2018, Owlstone Medical had launched its Breath Biopsy Kits. The product will allow academic, pharmaceutical and clinical researchers the discovery and validation of breath-based biomarkers in early detection and precision medicine research activities. This product launch has expanded the company product portfolio and surge the company revenue.
- In December 2017, BreathDX had launched breath ammonia measurement devices, AmBeR and AmBeR. These devices measure accurate ammonia levels in eight breaths. It is very efficient as well as very cost-effective device. The product launch will expand the company product portfolio and will increase the customer base of the company.
Competitive Analysis:Breath Analyzers Market
Global breath analyzers market is highly fragmented and the major players have used various strategies such as new product launches, expansions, 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, South America and Middle East & Africa.
Opportunities in the Breath Analyzers Market Report :-
- Comprehensive quantitative analysis of the industry is provided for the period of 2020-2026 to assist stakeholders to capitalize on the prevailing market opportunities.
- Comprehensive analysis of the factors that drive and restrict the market growth is provided in the Breath Analyzers Market report.
- Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across regional.
- Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across Global.
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