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Home » Medical Devices » Global Breath Analyzers Market Would Reach $1,963.8 million By 2020

Global Breath Analyzers Market Would Reach $1,963.8 million By 2020

Published On: April 1, 2015

The global breath analyzers market would reach $1,963.8 million by 2020 with a CAGR of 26.5% over the period of 2014 to 2020, according to the latest publication from Meticulous Research®.  The research report titled “Global Breath Analyzers Market Outlook: 2014-2020” analyzes the major drivers, restraints, opportunities, and challenges that have a long and short-term impact on its growth across the globe.

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Breath analyzers market is segmented by application, and technology. The market is mainly divided by technology into semiconductor oxide sensor technology, fuel cell technology, and others; while by application it is segmented in alcohol detection, drug abuse detection, medical applications, and others. Breath analyzers market is mainly driven by the rising incidents of DUI, and growing adoption rate of the breath analyzer for personal use. However, growing medical application is one of the key drivers that would take this market to newest heights. On the other hand, various concerns related to the use of these analyzers such as inaccuracy and unhygienic to use, may restrict this market to some extent.

The North American region accounted for the largest share in the global breath analyzers market followed by Europe. Asia Pacific region provides significant opportunities for the growth of this market as a result of many technological and social security reforms in the region with improved economic conditions and positive approach of the government in dealing DUI cases. The report elucidates various important aspects of the global breath analyzers market that facilitate the understanding of this market at a granular level.

The report offers meticulous analysis of market dynamics, burning issues, and technological landscape of the global breath analyzers market. The report provides the competitive landscape of the major players in this market such as AK GlobalTech (U.S.), Akers Biosciences, Inc. (U.S.), Alcohol Countermeasure Systems (ACS) (Canada), Alere Inc., (U.S.), BACtrack, Inc. (U.S.), Drägerwerk AG & Co. KGaA (Germany), EnviteC (Germany), Intoximeters, Inc. (U.S.), Lifeloc Technologies, Inc. (U.S.), and MPD, Inc., (U.S.), with detailed analysis of their product portfolio, financials, and recent developments.

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