Alcohol Breathalyzer & Drug Testing Equipment Market Analysis | CMI - PowerPoint PPT Presentation

About This Presentation
Title:

Alcohol Breathalyzer & Drug Testing Equipment Market Analysis | CMI

Description:

Read here the latest updates on the Alcohol Breathalyzer & Drug Testing Equipment Market Analysis published by CMI team – PowerPoint PPT presentation

Number of Views:90

less

Transcript and Presenter's Notes

Title: Alcohol Breathalyzer & Drug Testing Equipment Market Analysis | CMI


1
  • Coherent Market Insights
  • Market Research and Business Consulting Services
  • https//www.coherentmarketinsights.com/
  • COVID-19 Impact Tracker

2
ALCOHOL BREATHALYZER DRUG TESTING EQUIPMENT
MARKET ANALYSIS
  • Alcohol Breathalyzer and Drug Testing Equipment
    Market, by Equipment Type (Alcosensor (Fuel
    Cells), Breathalyzer (Semiconductor),
    Chromatographic Instruments, Hair Testing
    Devices(Kits), Immuno Assay Analyzers,
    Intoxilyzer(IR), Oral Fluid Testing
    Devices(Saliva), Urine Testing Devices(Kits,
    Cassettes, cups and Dips)), by Application
    (Alcohol Detection, Drug Detection), by End User
    (Federal Departments, Hospitals, Private Sectors,
    Rehabilitation Centers), and by Region (North
    America, Latin America, Europe, Asia Pacific,
    Middle East, Africa) - Size, Share, Outlook, and
    Opportunity Analysis, 2019 - 2027
  • The global alcohol breathalyzer and drug testing
    equipment market is estimated to account for US
    15,790.5 Mn in terms of value by the end of 2027

3
Market Drivers
  • Increasing number of drunk and drive cases and
    drug addiction is expected to be a major factor
    increasing demand for alcohol breathalyzer and
    drug testing equipment, thereby driving the
    market growth. For instance, according to 2018
    Fatal Motor Vehicle Crashes Overview by the
    National Highway Traffic Safety Administration, a
    U.S. federal agency, 10,511 deaths were
    registered in the U.S. in 2018.
  • Stringent government regulations and laws to
    reduce incidences of driving under influence of
    drugs and alcohol are also expected to propel
    growth of the market. For instance, the state
    government of New Jersey imposed new
    drunken-driving laws from December 1, 2019 that
    eliminates license suspensions for most first
    offenders while requiring all motorists convicted
    of driving under the influence to install
    ignition interlocks, the in-car breathalyzers
    that immobilize a vehicle if the driver's breath
    registers too much alcohol.

4
Statistics
  • North America region held dominant position in
    the global global Alcohol Breathalyzer and Drugs
    Testing Equipment Market in 2018, accounting for
    51.9 share in terms of value, followed by
    Europe.

Figure 1. Global Alcohol Breathalyzer and Drug
Testing Equipment Market Value (US Mn), by
Region, 2018
5
Market Restraints
  • Inaccurate and wrong results provided by some
    breathalyzers is expected be a major factor
    hindering growth of the global alcohol
    breathalyzer and drugs testing equipment market.
    For instance, in November 2019, The New York
    Times investigation found that breathalyzers
    generate skewed results with alarming frequency,
    owing to improper calibration or improper
    programming in a breathalyzers software.
  • Moreover, the low cost of alcohol breathalyzer
    and drug testing equipment manufactured by local
    players in the unorganized sector is also
    expected to hinder growth of the overall market,
    especially in emerging markets. The cost of
    products manufactured by local players is 20
    30 less compared to those of established players
    in North America and Europe.

6
Market Opportunities
  • Development and launch of technologically
    advanced alcohol breathalyzer and drugs testing
    equipment is expected to boost the market growth.
    For instance, in March 2019, BACtrack, the leader
    in personal and professional alcohol testing,
    announced the launch of its next generation
    BACtrack View remote alcohol monitoring platform.
  • Favorable product pricing in large untapped
    markets in emerging economies is also expected to
    offer lucrative growth opportunities for market
    players.

7
  • Alcosensor (Fuel Cells) segment in the global
    alcohol breathalyzer and drugs testing equipment
    market was valued at US 2,809.4 Mn in 2018 and
    is expected to reach US 5,430.5 Mn by 2027 at a
    CAGR of 7.5 during the forecast period.

8
Market Trends/Key Takeaways
  • Approval for the use of marijuana in various
    countries in North America is expected to boost
    demand for marijuana breathalyzers. For instance,
    in November 2019, Cannabix Technologies Inc.
    reported that engineers have completed assembly
    of a handheld portable version of the (UBC) THC
    Breath Analyzer.
  • Key players in the market are focused on
    strategic collaborations with regulatory bodies
    and industries to enhance their market share. For
    instance, in July 2018, BACtrack partnered with
    Colorado Department of Transportation (CDOT) in a
    statewide, high-visibility advertising campaign
    to increase awareness of the consequences of
    impaired driving.

9
Regulations
  • Medical devices are classified into three
    categories such as Class 1, Class 2, and Class 3
    medical devices. This classification is
    risk-based, where risk posed by the device to the
    patient represents category of the medical
    device. Alcohol breathalyzers come under class I
    of medical devices that have the lowest risk

10
Competitive Landscape
  • Major players operating in the global alcohol
    breathalyzer and drugs testing equipment market
    include, Drägerwerk AG Co. KGaA, Lion
    Laboratories, Lifeloc Technologies, Intoximeters,
    Andatech Private Limited, BACtrack, Quest
    Products, Inc., Alere, and C4 Development Ltd.

11
Key Development
  • Key players in the market are focused on product
    development to expand their product portfolio.
    For instance, in June 2018, BACtrack launched
    BACtrack C8 that features ZeroLine, a technology
    that allows users to learn how long it will take
    for the alcohol to be eliminated from their
    system.
  • Key players in the market are focused on offering
    environmentally friendly products to enhance
    their market share. For instance, in September
    2018, Alcolizer Technology replaced all supplies
    of plastic straw mouthpieces with only
    environmentally biodegradable ones such as
    biodegradable straws for Alcolizer Wall Mounts
    and PLA straws (Poly Lactic Acid) for Alcolizer
    Wall Mounts.

12
  • Request Sample Report
  • Request Customization
  • Download PDF Brochure
  • Talk to Analyst
  • Reference https//www.coherentmarketinsights.com
    /market-insight/alcohol-breathalyzer-and-drug-test
    ing-equipment-market-1760

13
About Us
  • Coherent Market Insights is a global market
    intelligence and consulting organization focused
    on assisting our plethora of clients achieve
    transformational growth by helping them make
    critical business decisions.
  • What we provide
  • Customized Market Research Services
  • Industry Analysis Services
  • Business Consulting Services
  • Market Intelligence Services
  • Long term Engagement Model
  • Country Specific Analysis

14
Contact Us
  • Mr. Shah
  • Coherent Market Insights Pvt.Ltd.
  • Address 1001 4th Ave, 3200 Seattle, WA 98154,
    U.S.
  • Phone 1-206-701-6702
  • Email sales_at_coherentmarketinsights.com

15
  • Thank You!
  • Kindly follow CMI Social Media Profiles
    for the latest company updates
  • Facebook
  • Linkedin
  • Twitter
  • https//www.coherentmarketinsights.com/
Write a Comment
User Comments (0)
About PowerShow.com