Market Data Forecast

Market Data Forecast Syas, Breathalyzer Market to Touch 10 Billion Benchmark by 2021

The Breathalyzers Market was worth USD 6.9 billion in 2016 and estimated to be growing at a CAGR of 7.8%, to reach USD 10.1 billion by 2021.

 

Hyderabad, India -- (SBWIRE) -- 02/22/2018 -- A device that quantifies and measures the blood alcohol content (BAC) in a person at a point in time is called a breathalyzer. Other methods like the urine test or blood test do not provide instantaneous results and hence are suited more for clinical testing, unlike testing with a breathalyzer.

Almost all the countries in the world have regulations describing the allowed amount of BAC in a person driving a vehicle on road or operating heavy machinery. The legally permissible amount of BAC for a driver is usually .08 grams per deciliter (g/dL) or below. The conveniently portable breathalyzers prove to be a valuable tool in maintaining law & order.

View sample and decide: https://www.marketdataforecast.com/market-reports/global-breathalyzers-market-1775/request-sample

The Breathalyzers Market was valued to be worthy of USD 6.9 billion in 2016 and is forecast to approximate USD 10.1 billion by 2021 with a CAGR of 7.8%. The significant rise in the consumption and abuse of alcohol, especially by the youth, is the major driver behind the growth of the breathalyzer market.

To know more read: https://www.marketdataforecast.com/market-reports/global-breathalyzers-market-1775/

In the present day, many workplaces and companies have instituted mandatory alcohol testing in their employment contracts. Several governmental services also have this before being initiated into the service. Besides intuitional usage, the use of personal breathalyzers has also been increasing in the recent past.

The rampant drug and alcohol abuse results in many road accidents worldwide, injuring and killing thousands every year. This has made many governments formulate and enact many strict regulations against drunk and drive cases to act as a deterrent for further practices. This creates a direct demand for the existing breathalyzers market globally.

Get your customized report: https://www.marketdataforecast.com/market-reports/global-breathalyzers-market-1775/customize-report

Due to the excessive use of both drugs and alcohol in countries like the U.S. and Mexico, North America provided the largest share to the global market share in 2016. Asia-Pacific region will grow with a high CAGR because of developing countries like India in the region.
The big players in the Breathalyzer Market include Lion Laboratories Limited, Alere Inc., Intoximeters Inc., Drägerwerk AG & Co. KGaA, BACtrack, C4 Development Ltd., Andatech Private Limited and Alcolizer.

The major market contributors for the global atrial fibrillation market are Medtronic, Inc., Cardiofocus, Biosense Webster, Inc., Cardima, Inc., Boston Scientific Corporation, Biotronik SE & Co, St. Jude Medical, Inc., Articure, Inc., and nContact, Inc.

The scope of the report provides:
The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter's Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
Looking for more? If you are in need of a specific research study, we have an expertise in undertaking a customized study and will aid to meet your research requirement to the fullest.

Browse Related Reports
https://www.marketdataforecast.com/market-reports/global-insulin-delivery-devices-market-258/

Contact Info:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626