The Alcohol Tester market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Alcohol Tester market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Billion) from FY 2016 – 2026.
This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the Alcohol Tester industry. The report analyzes and declares the historical and current trends analysis of the Alcohol Tester industry and subsequently recommends the projected trends anticipated to be observed in the Alcohol Tester market during the upcoming years.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Alcohol Tester industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Alcohol Tester industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Alcohol Tester market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Alcohol Tester industry. The Alcohol Tester market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Alcohol Tester sector. Key strategic developments in the Alcohol Tester market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Alcohol Tester market are appropriately highlighted in the report.
Alcohol Tester market was accounted for approximately USD 8.5 billion in 2019. The market is anticipated to grow at a CAGR of 7.2% and is anticipated to reach up to USD 13.5 billion by 2026.
There are a number of factors driving the global market for alcohol testing, such as a significant increase in alcohol consumption worldwide and an increase in demand for prescription drug testing among the elderly. Stringent government rules to prevent drunken driving are also stimulating industries' growth. On the other hand, the social fear of alcohol testing is crumbling on the market. Currently, the global market for alcohol testing has a high demand for portable oral fluid testing equipment for the arrest of drunk drivers. Demand for breathable alcohol and drug testing equipment from federal departments has always increased, followed by private sectors. More and more popularity and demand for breathable substances and the emergence of low-cost breathable alcohol in developing economies are also expected to boost markets over the projected period. However, higher prices and fewer opportunities for new market players in developed regions are expected to reduce market growth and hinder the overall market development and growth of alcohol and drug testing.
The Alcohol Tester market research report delivers an acute valuation and taxonomy of the Alcohol Tester industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Alcohol Tester industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the Alcohol Tester industry is provided for the leading economies of the world.
The Alcohol Tester market is segmented based on Equipment and Application. On the basis of equipment segmentation, the market is classified into Semi-Conductor Based Breathalyzer, Infrared Based Breathalyzer, Fuel Cell-Based Breathalyzers, Immunoassay Analyzers, Chromatography Instruments, Oral Fluid Testing Devices, Urine Testing Devices, and Hair Testing Devices. In terms of Application segmentation, the market is bifurcated into Drug Detection and Alcohol Detection.
Report Attribute |
Details |
Market Size in 2019 |
USD 8.5 Billion |
Projected Market Size in 2026 |
USD 13.5 Billion |
CAGR Growth Rate |
7.2% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Sonic Healthcare, Roche, Abbott, Akers, AK Solutions, Drager, Alcolizer, Express Diagnostic, ACS, KGaA, Lion Laboratories Limited, Intoximeters, Quest Products Inc., BACtrack, Lifeloc Technologies Inc., Andatech Pty. Ltd., others. |
Key Segment |
By Equipment, By Application |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The taxonomy of the Alcohol Tester industry by its scope and segmentation is as follows:
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