Published: Aug, 2016
The high growth rate of the breath analyzers industry coupled with immense untapped opportunities in the emerging markets has attracted many new companies to the global breath analyzers market. This has inculcated high level of competition in the breath analyzers market, reports Transparency Market Research (TMR) in a new study. Some of the key players in the global breath analyzer market are Alcohol Countermeasure Systems (International), Inc., Ekips Technologies, Inc., Dragerwerk AG & Co. KGaA, Intoximeters, Inc., Alcolizer Pty. Ltd. Quest Products, Inc, Lifeloc Technologies, Inc., MPD, Inc., and PAS Systems International.
“Enormous government support is likely to attract new players to enter this market, making it highly fragmented in the coming years,” says the author of the report. However, a rising trend of acquisitions and collaborations will be observed in the near future owing to the low scope of product differentiation.
Government Regulations for Breath Detection to Augment the Sales of Breath Analyzers
Drug abuse and excessive drinking are considered as one of the major causes of various diseases that include cancer, cardiovascular diseases, diabetes, infectious diseases, neuropsychiatric diseases, and others. A tremendous rise in alcohol consumption and drug usage is likely to boost the demand for breath testing devices. “An increasing number of fatalities and injuries associated with excessive alcohol consumption will positively influence the market’s growth,” says a TMR analyst.
Moreover, a surge in the number of drug abuse and drunk driving cases have persuaded the governments of many countries to mandate testing of blood alcohol content (BAC) at workplaces besides their conventional use at highways. Such initiatives taken by governments have increased the reliability of breath-alcohol testing devices, thus driving the global breath analyzers market.
Technological advancements in breath analyzers are likely to bring high-value opportunities to the global market. Vendors are developing dual sensor breath analyzers to reduce inaccuracy in readings. Moreover, scientists and researchers are upgrading the current detection technology to use it for medical diagnosis as well. These upgrades are expected to open new avenues for the global breath analyzers market.
Erroneous Analysis Likely to Intercept High Demand for Breath Analyzers
Breath analyzers are sensitive to temperature and may give inaccurate analysis if they are not properly calibrated. Also, they are instrumented to detect compounds that contain methyl group and are similar in structure to ethyl alcohol. It is estimated that approximately 70% to 80% of the total compounds present in human breath consist of methyl group.
Moreover, compounds such as paint removers, lacquers, gasoline, and celluloid can give false readings. Thus, the uncertainty and inaccuracy of breath testing devices make them less preferred for evidential purposes. These factors may impede the growth of the breath analyzers market.
High Reliability and Accuracy to Make Fuel Cell Most Preferred Technology for Breath Analyzers
The high accuracy and reliability of fuel cell technology have augmented its popularity in the field of medical diagnosis. This has made fuel cell technology the leading as well as the fastest growing segment by revenue in terms of technology in the global breath analyzer market. The segment, which was valued at US$497.7 mn in 2015, is anticipated to reach at US$2,022 mn by the end of 2019.
By geography, the global breath analyzer market is segmented into Asia-Pacific, Europe, North America, and Rest of the World (RoW). The leadership of North America by revenue can be attributed to the presence of a large population base addicted to alcohol and drugs coupled with increased disposable incomes. However, Asia Pacific is anticipated to register the highest growth rate owing to changing lifestyles and increasing cases of drug abuse.
In terms of application, alcohol detection is anticipated to remain the leading segment by the end of 2019. Segments such as tuberculosis detection and asthma detection are likely to show high growth rates. The global market for breath analyzers was valued at US$402.1 mn in 2012 and is anticipated to grow to US$4,518.4 mn by 2019.
The information presented in this review is based on a Transparency Market Research report, titled, ‘Breath Analyzers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019.’
The global breath analyzers market is segmented into the following categories:
- Breath Analyzers Market, by Technology
- Fuel Cell
- Semiconductor Sensor
- Infrared Absorption
- Breath Analyzers Market, by Applications
- Alcohol detection
- Drug Abuse detection
- Tuberculosis detection
- Asthma detection
- H. pylori Infection detection
- Breath Analyzers Market, by Geography
- North America
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