Home Press Releases Breathalyzer Market Size Worth $1.10 Billion By 2027 | CAGR: 6.7%

Breathalyzer Market Size Worth $1.10 Billion By 2027 | CAGR: 6.7%

The global breathalyzer market size is expected to reach USD 1.10 billion by 2027 according to a new study by Polaris Market Research. The report “Breathalyzer Market Share, Size, Trends, Industry Analysis Report, By Product Type (Active, Passive); By Technology (Fuel Cell, Semiconductor Oxide Sensor, Others); By Application (Alcohol Detection, Drug Abuse Detection, Disease Detection, Others); By End-Use; By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Breathalyzer refers to the device used to estimate alcohol content in the blood from the breath sample. Apart from detecting alcohol content in the blood, breathalyzer is also used to detect diseases and ensure wellness. For instance, breathalyzer can be used to detect how the diseases may alter the metabolomics of the body.

 

As breathalyzers can analyze the metabolic changes in the body, they can also detect weight gain or loss and nicotine level in one’s body. As a result, breathalyzer is expected to be an effective technique for physical wellness and prevention of diseases. This is likely to complement the demand for the product over the forecast period.

 

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The prominent factors favoring the market growth include substantial funding raised by the companies to boost manufacturing of the product owing to the recent technological advancements. Furthermore, increasing adoption of breath analyzers across various applications such as alcohol level testing, detection of weight gain, and intoxication level due to cannabis consumption is anticipated to contribute to market growth.

 

In August 2019, Hound Labs Inc. raised approximately USD 30 million for boosting the manufacturing and commercialization of the dual alcohol and marijuana breathalyzer. Additionally, in June 2018, Owlstone Inc. developed ReCIVA breath sampler or breath analyzer to analyze the content of Volatile Organic Compounds (VOCs) for detection of lung cancer.

 

Furthermore, funding raised by the governments across the countries for development and deployment of advanced breath analyzers is likely to complement market growth. In June 2018, the government of United Kingdom (UK) raised a funding of about USD 453,740 (£350,000) to boost competition among the companies in the country to develop a novel mobile breathalyzer. Such key initiatives are likely to drive demand over the coming years.

 

Companies such as BACtrack Breathalyzers (KHN Solutions LLC), Dragerwerk AG, Quest Diagnostics, Intoximeters, Alcolizer, Lifeloc Technologies, Thermo Fisher Scientific, TruTouch, uVera Diagnostics, Alere Inc.. are some of the key players operating in the global market.

 

Players in the market are focusing on product development and innovation along with strategic collaborations to boost their product portfolio while also strengthening their position in the market through geographical expansion. Furthermore, in December 2019, Digital Ally Inc. collaborated with Lenexa to boost the manufacturing of a novel breathalyzer.

 

Polaris Market Research has segmented the global breathalyzer market report on the basis of product type, technology, application, end-use, and region:

Breathalyzer Product Type Outlook (Revenue – USD Million, 2016 – 2027)

  • Active
  • Passive

Breathalyzer Technology Outlook (Revenue – USD Million, 2016 – 2027)

  • Fuel Cell
  • Semiconductor Oxide Sensor
  • Others

Breathalyzer Application Outlook (Revenue – USD Million, 2016 – 2027)

  • Alcohol Detection
  • Drug Abuse Detection
  • Disease Detection
  • Others

Breathalyzer End-Use Outlook (Revenue – USD Million, 2016 – 2027)

  • Government Agencies
  • Enterprises
  • Home Setting
  • Hospital Settings
  • Diagnostic Centers

Breathalyzer Regional Outlook (Revenue – USD Million, 2016 – 2027)

  • North America
    • U.S.
    • Canada
  • Europe
    • France
    • Germany
    • UK
    • Italy
    • Spain
    • Netherlands
    • Austria
  • Asia Pacific
    • China
    • India
    • Japan
    • Malaysia
    • South Korea
    • Indonesia
  • Central & South America
    • Mexico
    • Brazil
    • Argentina
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

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