Alarming statistics released by World Health Organization point out that there are about 3.3 million deaths each year due to the harmful use of alcohol. The research also states that out of 148 countries reported to have a population base that injects drugs, 120 countries report the prevalence of HIV infection amongst this population. In light of these facts, governments across the world have tightened their law enforcement, which is fuelling the business of the global alcohol breathalyzer and drug testing equipment market. Some of the important players in the global alcohol breathalyzer and drug testing equipment market are Drägerwerk AG & Co. KGaA, Lion Laboratories Limited, Lifeloc Technologies, Inc., Intoximeters, Inc., Andatech Private Limited, BACtrack, Quest Products, Inc., Alere Inc., and C4 Development Ltd.
Strict Regulations Create High Demand for Alcohol Breathalyzer and Drug Testing Equipment
The global alcohol breathalyzer and drug testing equipment market is mainly being driven by the whopping alcohol consumption and shooting levels of drug abuse that are pushing governments to make regulations stricter than they are. Analysts anticipate that the growing popularity of personal breathalyzers and the commercialization of low-cost alcohol breathalyzers in developing countries is also fueling the global alcohol breathalyzer and drug testing equipment market.
Global Alcohol Breathalyzer and Drug Testing Equipment Market Log CAGR of 7.8%
In the coming six years, the global alcohol breathalyzer and drug testing equipment market is expected to exhibit a CAGR of 7.8% in terms of value to reach an impressive figure of US$10.03 bn by the end of 2021. However, the market faces certain challenges such as high price points and lack of opportunities for new market players in developed countries.
The global alcohol breathalyzer and drug testing equipment market is segmented on the basis of equipment, application, end users, and regions. On the basis of equipment, this market is divided into IR-based breathalyzers, semiconductor-based breathalyzers, fuel-cell-based breathalyzers, immunoassay analyzers, chromatography instruments, oral fluid testing devices, hair testing devices, and urine testing devices. These devices are used for drug and alcohol detection. The end users for these devices are private sectors, rehabilitation centers, hospitals, and federal departments. Geographically, this market is segmented into Latin America, North America, Europe, Asia Pacific, and Middle East and Africa.
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High Efficiency of IR-based Breathalyzer makes it Popular Amongst End Users
Amongst the equipment types, the IR-based breathalyzer is the most commonly used equipment due the accurate results it delivers. Its efficient mechanism is expected to help the IR-based breathalyzer segment achieve unprecedented success in the coming few years. On the other hand, the fuel-cell-based breathalyzer segment will continue to be the largest segment, registering a robust CAGR of 7.7% in the next six years.
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This equipment will mainly be used for alcohol detection, spurring the segment’s growth by manifolds. By the end of 2021, the global alcohol breathalyzer and drug testing equipment market is expected to have a CAGR of 7.9%. The positive investor sentiment in the alcohol detection segment will largely be due to the growing number of drinking and driving cases.
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North America to Dominate Global Alcohol Breathalyzer and Drug Testing Equipment Market
Regionally, North America will hold a share of 53.4% in the global alcohol breathalyzer and drug testing equipment market by the end of 2020. Furthermore, analysts predict, Asia Pacific will grow at a rapid pace in terms of value, registering a CAGR of 13.9% towards the end of 2020. This growth will be nurtured by the compulsion enforced by private companies and government agencies to use drugs and alcohol testing equipment in the mining, transport, and construction sectors.