Health

Breath Analyzers Market Forecast, Revenue, Demand, Growth and Key Companies Valuation by 2028

September 8, 2021

The global Breath Analyzers Market will be worth USD 22.79 billion by 2027, according to a recent report by Emergen Research. Factors like increasing alcohol and substance abuse coupled with strict government laws are the major factors driving market growth. The report provides Breath Analyzers market forecast, supported by detailed insights historical data and revenues, past and current market trends, industry trends, consumer trends, market size, market share, market growth, along with ranging impacts of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2024–2028. Growing number of approvals from restrictive bodies like the European Commission and U.S. FDA, along with increasing traction of smartphone-based breath analyzers is accelerating the market growth. Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the Breath Analyzers market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive Breath Analyzers market revenue growth to a significant extent over the forecast period. The report includes profiles of major players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.

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Breath analyzers are also gaining traction because of the increasing demand for effective BAC (blood alcohol content) level measuring devices at workplace coupled with its non-invasive nature. It is a vital tool for tuberculosis, observance medicine, alcohol, bronchial asthma, and other diseases. Global Breath Analyzers market forecast has been provided following thorough study, focus, comparison, and analysis of a varying range of factors and past market forecast and present outcomes. Breath Analyzers Market forecast is made possible through, but has not been limited to, a study and analysis of a variety of factors and trends, and these are verified through interviews with industry experts and companies operating in the market. According to our analysts, it is projected that the demand for this technique is ought to rise perpetually. There are innovative product offerings by major companies operating in the market, particularly for medical applications, are anticipated to fuel the growth of breath analyzers market across the globe throughout the forecast period. However, despite the multiple advantages of breath analyzers, issues like discrepancy in results and hygiene considerations pose major threats to the expansion of this market.

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For the purpose of this report, Emergen Research has segmented into the global Breath Analyzers Market on the technology, application and region:

Technology Outlook (Revenue, USD Billion; 2017-2027)
- Fuel cell technology
- Semiconductor oxide sensor technology
- Infrared spectroscopy (IR)
- Chemical crystal technology
- Others

Application Outlook (Revenue, USD Billion; 2017-2027)
- Alcohol detection
- Drug abuse detection
- Tuberculosis detection
- Asthma detection
- Others

Regional Outlook (Revenue: USD Billion; 2017-2027)
- North America
  1. U.S.
  2. Canada
  3. Mexico
- Europe
  1. UK
  2. Germany
  3. France
  4. BENELUX
  5. Rest of Europe
- Asia Pacific
  1. China
  2. Japan
  3. South Korea
  4. Rest of APAC
- Latin America
  1. Brazil
  2. Rest of LATAM
- MEA
  1. Saudi Arabia
  2. UAE
  3. Rest of MEA

Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Breath Analyzers Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2024 – 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.

Key Highlights From The Report.

In March 2024, Cannabix Technologies Inc., a marijuana breath analyzer developer based out of Canada, developed the version 2 of their already existing THC Breath Analyzer (THCBA). The THCBA now has better and attractive features like single-stage direct breath capability and single-hand ergonomic design. During testing, it has been noticed that the device is capable of providing results in under 5 minutes.
With a progressive CAGR of 29.3% during the forecast period, Asia Pacific in likely to exhibit a profitable share of the industry owing to untapped market potential and increasing awareness about technologically advanced and commercially available products.
Prominent growth in the demand for accurate, fast and easy methods for initial diagnosis of diseases such as chronic obstructive pulmonary disease (COPD), asthma and cancer is stimulating market growth. Additionally, utilization of breath analyzers to assess carbon monoxide quantity in exhaled air for smoking cessation is forecasted to drive market growth during the forecast span.
Key participants include Alcohol Countermeasure Systems, Quest products, Inc., Alcovisor, AK GlobalTech Corp, Dragerwerk AG & Co. KGaA, Lifeloc Technologies, Corp., Akers Biosciences, Inc. and Toshiba Medical Systems among others.

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Region wise performance of the Breath Analyzers industry

North America Breath Analyzers market forecast is expected to remain significantly positive in terms of revenue share between 2024 and 2028. In addition, North America Breath Analyzers market revenue share is expected to remain comparatively larger than that of other regional markets from 2024 to 2028.

Asia Pacific registered fastest revenue CAGR in 2024, and the Breath Analyzers market forecast is that this trend is expected to continue going ahead. Market forecast states that revenue share contribution from China, India, and South Korea is expected to remain robust till 2028.

Europe Breath Analyzers market forecast is positive currently, with revenue growth expected to remain steady between 2024 and 2028. Robust focus on research and development initiatives by major firms and changing trends and demographics in countries in the region are some factors expected to continue to support Breath Analyzers market growth.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

United States
Europe
China
Japan
Southeast Asia
India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

Table of Content

Chapter 1. Methodology & Sources

1.1. Breath Analyzers Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Breath Analyzers Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2024-2028

Chapter 3. Key Insights

Chapter 4. Breath Analyzers Market Segmentation & Impact Analysis

4.1. Breath Analyzers Market Material Segmentation Analysis

4.2. Industrial Outlook

4.2.1. Breath Analyzers Market indicators analysis

4.2.2. Breath Analyzers Market drivers analysis

4.2.2.1. Rapid urbanization and industrialization

4.2.2.2. Stringent government regulations regarding carbon emissions

4.2.2.3. Increasing prevalence of respiratory diseases

4.2.2.4. Rising need to enhance indoor air quality

4.2.3. Breath Analyzers Market restraints analysis

4.2.3.1. High cost associated with the maintenance of Breath Analyzers products

4.2.3.2. Availability of renewable sources of energy

4.3. Technological Insights

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.6. Competitive Metric Space Analysis

4.7. Price trend Analysis

4.8. Covid-19 Impact Analysis

Chapter 10. Competitive Landscape

10.1. Breath Analyzers Market Revenue Share By Manufacturers

10.2. Mergers & Acquisitions

10.3. Competitor’s Positioning

10.4. Strategy Benchmarking

10.5. Vendor Landscape

10.5.1. Raw Material Suppliers

10.5.1.1. North America

10.5.1.2. Europe

10.5.1.3. Asia Pacific

10.5.1.4. Middle East & Africa

10.5.1.5. Latin America

10.5.2. Distributors

10.5.2.1. North America

10.5.2.2. Europe

10.5.2.3. Asia Pacific

10.5.2.4. Middle East & Africa

10.5.2.5. Latin America

10.5.3. Others

Continued….

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The research provides answers to the following key questions:

What will be the growth rate and the market size of the Breath Analyzers industry for the forecast period 2024-2027?
What are the major driving forces expected to impact the development of the Breath Analyzers market across different regions?
Who are the major driving forces expected to decide the fate of the Breath Analyzers industry worldwide?
Who are the prominent market players making a mark in the Breath Analyzers market with their winning strategies?
Which Breath Analyzers industry trends are likely to shape the future of the industry during the forecast period 2024-2027?
What are the key barriers and threats believed to hinder the development of the industry?
What are the future opportunities in the Breath Analyzers market?

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