Global Alcohol Abuse Monitoring Market Projected to Reach USD 600.00 Million by 2026

19-Mar-2020 | Facts and Factors

Findings from Facts and Factors report “Alcohol Abuse Monitoring Market By Type (Instrument, Software), By Application (Hospitals, Government Departments, Drug Rehabilitation Centers, Drug Testing Laboratories, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Alcohol abuse monitoring market in 2019 was approximately USD 300.00 Million. The market is expected to grow at a CAGR of around 8.0% and is anticipated to reach around USD 600.00 Million by 2026.

Alcohol Abuse Monitoring Market Size

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Alcohol and drugs are the reasons for serious disturbance to the staff when present among personnel. Saliva and breath contain indicators that can be utilized to monitor drug abuse, alcohol abuse, and the health position of persons. Alcohol abuse is an addiction and major problem that distresses persons at entirely age clusters. Alcohol abuse has reported numerous severe injuries and cases in the past years. Furthermore, alcohol abuse also plays a role in several major social issues, like violence, drunk driving, child abuse, and stress, hence alcohol abuse desires to be monitored and controlled. This can be achieved through alcohol abuse monitoring technology, and alcohol abuse monitoring testing is considered to measure alcohol consumption levels in the individual. Not all persons are killers certainly, but there is a necessity for society to control and manage abuse for the public good.

Browse the full “Alcohol Abuse Monitoring Market By Type (Instrument, Software), By Application (Hospitals, Government Departments, Drug Rehabilitation Centers, Drug Testing Laboratories, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/alcohol-abuse-monitoring-market-by-type-instrument-software-810

Increasing the number of accidents during driving due to alcohol abuse is the key factor in the increasing importance of alcohol abuse monitoring. An increase in awareness and adoption of alcohol abuse monitoring and rising road safety are the most key factors fueling the growth of the global alcohol abuse monitoring market. The global alcohol abuse monitoring market is expected to grow owing to the in-demand by increasing customer awareness and an extensive focus on research and development by key players. Increasing consciousness about alcohol abuse problems, minimal specialized staff required operating monitoring instruments and software, low-cost instruments are anticipated to witness significant growth in the global alcohol abuse monitoring market within the forecast period. Lack of law enforcement staff, fewer accuracy devices in emerging countries for alcohol abuse monitoring may hamper the market’s growth. Advanced technology instruments and stringent government policies for alcohol abuse monitoring are anticipated to open new avenues for the alcohol abuse monitoring market in the near future.   

On the basis of type, the global alcohol abuse monitoring market is segmented as an instrument and software. Among which instrument segment was accounted for the major revenue share in the global alcohol abuse monitoring market in 2019. Alcohol abuse monitoring instruments deliver maximum value to customers. The innovation in the alcohol abuse monitoring instrument in recent years is expected to positively impact segment growth. In 2019, the Alcohol abuse monitoring instrument segment was accounted for more than 50.0% of the global alcohol abuse monitoring industries.

In terms of application, the global alcohol abuse monitoring market is bifurcated into government departments, hospitals, drug testing laboratories, drug rehabilitation centers, and others. Among the above-mentioned segment, the government department segment was accounted for more than 30.0% revenue share in 2019. A government department is a subdivision of the government that deals with a specific area of concern.

On the basis of region the alcohol abuse monitoring market is segmented into, Asia Pacific, Europe, Middle East & Africa, North America, and Latin America. In 2019, the North American region dominates the alcohol abuse monitoring market among all the regions followed by Europe in terms of value.

Some of the key players operating in the market include SmartStart Inc., Electronic Sentencing Alternative, BI Incorporated, Tarheel Monitoring, StreeTime Technologies, BACtrack, Sentinel Offender Services, and Soberlink, among others.

Report Scope

Report Attribute

Details

Market Size in 2019

USD 300 Million

Projected Market Size in 2026

USD 600 Million

Growth Rate

CAGR 8.0%

Base Year

2019

Forecast Years

2020-2026

Key Market Players

SmartStart Inc., BI Incorporated, Electronic Sentencing Alternative, StreeTime Technologies, Tarheel Monitoring, Sentinel Offender Services, BACtrack, and Soberlink, among others.

Key Segment

By Type, By Application, By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

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This report segments the global alcohol abuse monitoring market as follows:

Global Alcohol abuse monitoring Market: Type Analysis

  • Instrument
  • Software

Global Alcohol abuse monitoring Market: Application Analysis

  • Hospitals
  • Government Departments
  • Drug Rehabilitation Centers
  • Drug Testing Laboratories
  • Other

Global Alcohol abuse monitoring Market: Regional Analysis

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-East Asia
    • Rest of Asia pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

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