Faster Development Of Drugs Through AI To Be The Factor Driving The Alcohol Breathalyzer Drug Testing Equipment Market

 The latest market report published by Persistence Market Research is titled ‘Global Market Study-Alcohol Breathalyzer and Drug Testing Equipment – Asia Pacific to Witness Maximum Growth by 2026’. According to this report, the global alcohol breathalyzer and drug testing equipment market will expand at a CAGR of 6.9% during the forecast period, 2017–2026. The global revenues are expected to take a leap from around US$ 7.30 Bn (2017) to over US$ 13.30 Bn by the end of 2026.

Market Taxonomy: Quick Overview

This market is segmented on the basis of equipment, application, end user, and region. On the basis of equipment, the market has been sub-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.

How About Looking Through The Sample Of Alcohol Breathalyzer Drug Testing Equipment Market Report? https://www.persistencemarketresearch.co/samples/3377

Companies Profiles

  • Drägerwerk AG & Co. KGaA
  • Lion Laboratories Limited
  • Lifeloc Technologies Inc.
  • Intoximeters
  • Andatech Pty. Ltd.
  • BACtrack
  • Quest Products, Inc.
  • Alere (Abbott.)
  • C4 Development Ltd (Alcovisor)

How About Step-By-Step Insights To Alcohol Breathalyzer Drug Testing Equipment Market? Look Through The “Methodology” Employed! https://www.persistencemarketresearch.co/methodology/3377

On the basis of application, the market has been segmented into drugs detection and alcohol detection. On the basis of end user, the market has been segmented into federal departments, hospitals, rehabilitation centers, and private sectors.

By equipment, IR based breathalyzer is expected to remain the largest segment, registering the highest CAGR of 7.2% during the forecast period. 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 7.3% 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.

On the basis of region, the market has been segmented into North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. North America is expected to dominate the market, with a maximum share by the end of 2018.

North America, Europe, and Asia Pacific are expected to collectively contribute over 94.0% 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 7.9% during the forecast period.

Want To Keep A Tab On The Latest Findings In The Alcohol Breathalyzer Drug Testing Equipment Market? Purchase Our Alcohol Breathalyzer Drug Testing Equipment Market Report Now! https://www.persistencemarketresearch.com/checkout/3377

Soaring Alcohol Consumption & Drug Abuse Cases to Fuel Market Growth

Increasing cases of alcohol and drugs abuse are a major factor driving 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, emergence of low cost breathalyzers and growing distribution networks in developing 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 (2017–2026).

High pricing issues and fewer opportunities for new market players in the developed regions are the key factors hampering the growth of this market. Major players dominate the market in developed regions, whereas local players in domestic regions offer products at prices cheaper by 20%–30% compared to established brands in North America and Europe. This factor has been identified to be a challenge to development and growth of the overall alcohol breathalyzer and drugs testing equipment market.

Key market players covered in this report include Drägerwerk AG & Co. KGaA, Lion Laboratories Limited, Lifeloc Technologies Inc., Intoximeters, Andatech Pty. Ltd., BACtrack, Quest Products, Inc., Alere (Abbott.), and C4 Development Ltd (Alcovisor).

These companies are primarily focused on enhancing their product portfolios through research and development, and introduction of innovative and cost-effective medical devices in order to gain market share and strengthen their position in the global market.

The global alcohol breathalyzer and drug testing equipment market is segmented as follows:

By Equipment

  • Breathalyzer (Semiconductor)
  • Intoxilyzer (IR)
  • Alcosensor (Fuel Cells)
  • Immuno Assay Analyzers
  • Chromatographic Instruments
  • Oral Fluid Testing Devices (Saliva)
  • Urine Testing Devices (Kits, Cassets, cups and Dips)
  • Hair Testing Devices (Kits)

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
  • Middle East & Africa (MEA)

About Us :-

Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers’ experience by acting as the “missing” link between “customer relationships” and “business outcomes’. The best possible returns are assured therein.

Contact us:

Persistence Market Research
Address – 305 Broadway, 7th FloorNew York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com
Website – https://www.persistencemarketresearch.com


Comments

Post a Comment

Popular posts from this blog

A CAGR Of 15% Expected To Be Registered Between 2031 For Disinfection Robot Market

  According to a revised report published by Persistence Market Research, the global   disinfection robots market  valued at   US$ 1 Bn   in 2020, and is predicted to surge at a   CAGR of more than 15%   during the forecast period (2021–2031). Impact of the COVID-19 pandemic due to the spread of SARS-CoV-2 has tested the obtainability of traditional disinfectants, which has led to a spike in demand for disinfection robots from institutions and companies. These robots are deployed progressively as an artless solution for the instantaneous decontamination of all surfaces of common areas and rooms, and, as such, they seem an attractive alternative for reducing dependency on cleaning services. Presently, disinfection robots are not an alternative to hospital cleaning services, but can be a complementary solution. Get Sample Copy of this Report @  https://www.persistencemarketresearch.com/samples/22822 Various companies received FDA & CE approval for their products to fight the COVID-19
Read more

Servo Motors Drives Market: Future Forecast Indicates Impressive Growth Rate 2019 – 2029

Image
  The global servo motors and drives market was valued at  ~ US$ 9 Bn in 2014,  and is expected to surpass  US$ 12 Bn  by the end of  2019 . The servo motors and drives market is expected to grow at a  CAGR of ~ 8% between 2019 and 2029 , and is estimated to reach a global value of  ~ US$ 28 Bn  by the end of  2029. Persistence Market Research released a new market study on the servo motors and drives market, which includes the global industry analysis  2014–2018  and forecast  2019–2029 . The report studies the global servo motors and drives market and offers an in-depth analysis for the next ten years. The report on the global servo motors and drives market contains vital macroeconomic and forecast factors that are estimated to drive the growth of the global servo motors and drives market. The report on the servo motors and drives market also discusses restraints that are expected to hamper the global market, along with potential opportunities and latest trends in the market across t
Read more

Increased Adoption of Virtual Desktop Infrastructure Market across End-Use Industries to Fuel Revenue Growth During the Forecast Period by 2030-Persistence Market Research

  As per findings of a new market research report by Persistence Market Research, the global   virtual desktop infrastructure market   reached a valuation of nearly   US$ 3.5   Bn in   2019 , and is anticipated to exhibit a CAGR of around   12%   during the forecast period of   2020  to   2030 . The adoption of BYOD allows employees to bring their own devices in the organization, which allows then to access company information and applications via virtual desktop infrastructure. With such a BYOD policy, both, employers and employees can avail benefits such as reliable data backup, cost savings, expanded mobility, increased productivity, and job satisfaction. Virtual desktop infrastructure helps secure the employee devices, as it supports a highly secure infrastructure. This system is like screen-scraping technology used with mainframe computers, where no actual data is delivered to the device, and all data remains in the data center. If the employee device is lost, misplaced, or stolen
Read more