Global Alcohol Breathalyzer and Drug Testing Equipment Market, 2015-2021
Global Alcohol Breathalyzer and Drug Testing Equipment Market, 20152021 Persistence Market Research Global Alcohol Breathalyzer and Drug Testing Equipment Market to Reach 140,869,856 Units by 2021: Persistence Market Research Persistence Market Research 1 Global Alcohol Breathalyzer and Drug Testing Equipment Market, 20152021 Persistence Market Research Released New Market Report According to a new market report published by Persistence Market Research ‘Global Market Study on Alcohol Breathalyzer and Drug Testing Equipment: Increasing demand for personal Portable Alcohol Breathalyzer to drive the market during the forecast period’. According to this report, the global alcohol breathalyzer and drug testing equipment market will expand at a CAGR of 7.8% during the forecast period, 2015-2021. This market is segmented on the basis of equipment, application, end user, and region. On the basis of equipment, the market has been segmented into semi-conductor based breathalyzer, infrared (IR) based breathalyzer, fuel cell based breathalyzer, immunoassay analyzers, chromatography instruments, oral fluid testing devices, urine testing devices, and hair testing devices. On the basis of application, the market has been segmented into drugs detection and alcohol detection. By equipment, IR based breathalyzer is expected to remain the largest segment, registering the highest CAGR of 8.9% during the forecast period. The accuracy of such evidential breath testing (EBT) devices is very high, as a result, they are being widely used by federal departments and hospitals. Fuel cell based breathalyzer are expected to register a CAGR of 7.1% during the forecast period. These type of portable devices offer extremely high accuracy concerning blood alcohol content (BAC) and provide instant results. Moreover, such devices require fewer recalibrations as compared to semiconductor-based alcohol breathalyzers. These factors are generating significant demand for fuel-cell based breathalyzers globally. Request Sample Report: http://www.persistencemarketresearch.com/samples/3377 On the basis of the end user, the market has been segmented into federal departments, hospitals, rehabilitation centers, and private sectors. On the basis of region, the market has been segmented into North America, Latin America, Europe, Asia-Pacific and the Middle East and Africa. Increasing cases of alcohol and drugs abuse are a major factor driving the growth of the global alcohol breathalyzer and drugs testing equipment market. Other trends driving growth include single technology devices for alcohol and drugs testing and increasing market share of personal breathalyzers. In addition, stringent government regulations, the emergence of low-cost breathalyzers and growing distribution networks in developing Persistence Market Research 2 Global Alcohol Breathalyzer and Drug Testing Equipment Market, 20152021 countries are projected to result in increased demand. This, in turn, is expected to bolster alcohol breathalyzer and drugs testing equipment market growth during the forecast period (2015–2020). High pricing issues and fewer opportunities for new market players in the developed regions are key factors hampering the growth of this market. Major players dominate the market in developed regions. Local players offer products at 20%–30% lower prices as compared to well-established companies in North America and Europe. This could restrict development and growth of the overall alcohol breathalyzer and drugs testing equipment market. This report assesses trends driving each segment and offers analysis and insights about the potential of alcohol breathalyzer and drug testing equipment in specific regions. North America is expected to dominate the market, with a maximum share by the end of 2015. By 2021, North America and Asia-Pacific are expected to collectively contribute over 72.9% revenue to the total global alcohol breathalyzer and drug testing equipment market. In terms of value, Asia-Pacific is estimated to be the fastest-growing market, registering a CAGR of 13.9% during the forecast period. View Detail Report With TOC: http://www.persistencemarketresearch.com/marketresearch/alcohol-breathalyzer-drug-testing-equipment-market.asp Key market players covered in this report include Drägerwerk AG & Co. KGaA, Lion Laboratories Limited, Lifeloc Technologies, Inc., Intoximeters, Inc., Andatech Private Limited, BACtrack, Quest Products, Inc., Alere Inc., and C4 Development Ltd. These companies are primarily focused on enhancing their product portfolios through research and development, and the introduction of innovative and cost-effective medical devices in order to gain market share and strengthen their position in the global market. Request Customized TOC: http://www.persistencemarketresearch.com/toc/3377 The Alcohol Breathalyzer and Drug Testing Equipment is segmented as follows: By Equipment Semiconductor-Based Breathalyzers Persistence Market Research 3 Global Alcohol Breathalyzer and Drug Testing Equipment Market, 20152021 IR Based Breathalyzers Fuel Cell Based Breathalyzers Immunoassay Analyzers Chromatography Instruments Oral Fluid Testing Devices Urine Testing Devices Hair Testing Devices By Application Alcohol Detection Drugs Detection By End-users Federal Departments Hospitals Rehabilitation Centers Private Sectors By Region North America Latin America Europe Asia Pacific The Middle East & Africa (MEA) Market History: Alcohol and drug testing equipment are used to test intoxication levels caused by alcohol and drug consumption. Breathalyzers, urine testing devices, oral testing devices, hair testing devices, immunoassay analyzers, and chromatography instruments are widely used for Persistence Market Research 4 Global Alcohol Breathalyzer and Drug Testing Equipment Market, 20152021 testing alcohol and drug content in people. On the basis of equipment, the market has been segmented into semi-conductor based breathalyzer, infrared (IR) based breathalyzer, fuel cell based breathalyzer, immunoassay analyzers, chromatography instruments, oral fluid testing devices, urine testing devices, and hair testing devices. On the basis of application, the market has been segmented into drugs detection and alcohol detection. On the basis of end users, the market has been segmented into federal departments, hospitals, rehabilitation centers, and private sectors. In terms of value, the global alcohol breathalyzer, and drug testing equipment market is projected to expand at a CAGR of 7.8% during the forecast period. The global alcohol breathalyzer and drug testing equipment market value are expected to increase to US$ 10,037.7 million by the end of 2021. The growth of the global alcohol breathalyzer and drug testing equipment market is primarily driven by increasing alcohol and drug abuse cases and stringent government regulations for the same. Also, increasing popularity and demand for personal breathalyzers and an emergence of low-cost alcohol breathalyzers in developing economies is expected to drive this market during the forecast period. However, high price points and fewer opportunities for new market players in developed regions are factors restraining market growth and might obstruct the development and growth of the overall alcohol breathalyzer and drug testing equipment market. On the basis of equipment, the market has been segmented into semi-conductor based breathalyzer, IR based breathalyzer, fuel cell based breathalyzer, immunoassay analyzers, chromatography instruments, oral fluid testing devices, urine testing devices, and hair testing devices. The IR based breathalyzer is used extensively, due to its high degree of accuracy. Thus, this segment is expected to witness healthy growth during the forecast period. Fuel cell based breathalyzer is expected to remain the largest segment during the forecast period from 2014 to 2021, registering the highest CAGR of 7.7% during the forecast period. On the basis of application, the market has been segmented into drugs detection and alcohol detection. Alcohol detection is expected to register the highest CAGR of 7.9% during the forecast period. An increasing number of drunk driving cases are expected to drive the demand for alcohol detection equipment during the forecast period. The market has been segmented into five major regions namely North America, Latin America, Europe, Asia-Pacific and the Middle East and Africa (MEA). In terms of value, North Persistence Market Research 5 Global Alcohol Breathalyzer and Drug Testing Equipment Market, 20152021 America is expected to dominate the market with 53.4% market share by 2020. Asia-Pacific is projected to be the fastest-growing market, registering a CAGR of 13.9% in terms of value during the forecast period. Factors such as mandatory usage of drugs and alcohol testing equipment in mining, transport and construction sectors are expected to propel the growth of the alcohol breathalyzer and drug testing equipment market in Asia-Pacific. Key companies covered in this report include Drägerwerk AG & Co. KGaA, Lion Laboratories Limited, Lifeloc Technologies, Inc., Intoximeters, Inc., Andatech Private Limited, BACtrack, Quest Products, Inc., Alere, Inc., and C4 Development Ltd. These companies are focussed on strengthening their market position in the long term and enhancing product portfolios by introducing innovative and cost-effective products. About Us: Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs. Contact Us: Persistence Market Research 305 Broadway 7th Floor, New York City, NY 10007, United States, USA - Canada Toll Free: 800-961-0353 Email: [email protected] Web: http://www.persistencemarketresearch.com Persistence Market Research 6
© Copyright 2024