Key Players - Akers Biosciences, Inc. (U.S.), Intoximeter, Inc. (U.S.), AK GlobalTech corporation (U.S.), Alcohol Countermeasure Systems Corporation (Canada), EnviteC-Wismar GmbH (Germany)
(PRWEB) January 21, 2015
Breath analyzers are devices used to detect the presence of different compounds in the breath sample of individuals. They are most commonly used to measure blood alcohol content levels (BAC). These devices play a significant role in the conviction of DUI offenders. Growth in the breath analyzers application market is primarily attributed to increasing alcohol consumption and drug abuse, and increase in the incidences of diseases such as tuberculosis, asthmas, cancer and others. Furthermore, there is an increasing trend towards adopting personal breath analyzers by individuals.
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The global market is estimated to grow at a CAGR of 26.3% from 2014 to 2019, to reach $1,539.1 million by 2019 from $479.3 million in 2014. The market is driven by several factors such as increasing consumption of alcohol worldwide, and stringent law enforcement by various governments to curb drunken driving. Increasing alcohol consumption has led to a rise in the demand for BAC testing devices such as breathalyzer. In response, governments in specific countries have reduced the legal limit of blood alcohol concentration (BAC) and have increased field breath testing activities. The advance technology increased the portability and multiple applications of these devices are some of other factors expected to drive the market growth during the forecast period.
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Based on end users, law enforcement agencies accounted for the largest share. Based on applications, alcohol testing accounted for the largest share of the breath analyzers market in 2014. Based on region, North America accounted for the largest share of the market, mainly due to factors such as alcohol & drug testing regulations enacted by select states in the U.S. The rising use of personal breathalyzer and incessant new product launches.
The market is highly fragmented with many small and large players. Companies in this market focus on growth strategies such as new product launches, agreements, partnerships, collaborations and joint ventures, expansions, acquisitions, marketing and promotion and others (certifications, patents, grants, product approvals and product deployments) to increase their customer base.
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The major players in the global breath analyzers market include Drägerwerk AG & Co. KGaA (Germany), EnviteC-Wismar GmbH (Germany), Lifeloc Technologies (U.S.), BACtrack, Inc. (U.S.), Quest Products, Inc. (U.S.), Akers Biosciences, Inc. (U.S.), Intoximeter, Inc. (U.S.), AK GlobalTech corporation (U.S.), Alcohol Countermeasure Systems Corporation (Canada and others.
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