New York 16 Apr 21: 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.
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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.
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.
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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.
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