Global Point-of-Care Breathalyzer Market Set to Flourish, Expected to Reach USD 658.9 Million by 2032 at a 5.5% of CAGR, Fueled by Rising Alcohol Consumption
The global Point-of-Care Breathalyzer market is anticipated to reach a value of USD 385.7 million in 2022, with a forecasted Compound Annual Growth Rate (CAGR) of 5.5% expected to elevate the market to USD 658.9 million by 2032. The growth of the market is attributed to the increasing prevalence of alcohol consumption worldwide. From 2016 to 2021, the point-of-care breathalyzer market witnessed a CAGR of 5.2%, reflecting the steady expansion of this segment.
Point-of-care breathalyzer devices play a crucial role in detecting alcohol levels in individuals quickly and accurately, enabling timely interventions and promoting public safety. With alcohol consumption on the rise globally, particularly among young adults and in social settings, the demand for portable and easy-to-use breathalyzer devices is escalating.
Point-of-care breathalyzers are crucial for improving public safety because they can perform rapid, non-invasive alcohol testing in a range of settings, including the workplace, law enforcement, and medical facilities. As long as alcohol-related events and accidents continue to seriously endanger public health and safety, it is projected that the market for point-of-care breathalyzers will grow globally.
The demand for non-invasive devices that detect blood alcohol concentration (BAC) is driving industry expansion, which may possibly be connected to rising alcohol consumption trends. From 2016 to 2021, the Point-of-Care Breathalyser market grew at a compound annual growth rate (CAGR) of 5.2%.
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Since 1954, numerous equipment such as Alcotest, Alcosensor, Datamaster, Intoxilyzer, and Intoximeter have been sold under the genericized term Breathalyzer. The Breathalyzer gadget is divided into three sections: the system for sampling breath, the two glass tubes containing chemicals, and the photocells that are linked to the meter and display a color change.
Breathalyzer system together works on redox reaction causes change in colour that is directly proportional to amount of alcohol in breath, wherein red-orange colour of dichromate ion changes to green.
Breathalyzer has been of importance in point-of-care services where initially it was necessary to draw blood out of the body and sent to the hospital to test alcohol concentration in blood, thus making the test time consuming. Till date it has been most important device to monitor and regulate drink and drive accidents or cases.
Point-of-Care Breathalyzer Market: Drivers and Restraints
Point-of-care Breathalyzer market has seen enormous growth due to its significant use to maintain safety, order and discipline amongst population. The major drivers for point-of-care Breathalyzer market is alarming increase in alcohol consumption seen at all age groups and also increase in road accidents due to drink driving.
Due to strict government regulations, drink driving and alcohol abuse during work hours has led to increase in demand for modern use portable Breathalyzer. Use of personal portable Breathalyzer to check for alcohol content within normal limits to keep a check on safe driving and productive working hours has given a drive for point-of-care Breathalyzer market worldwide.
Moreover easy availability of personal Breathalyzer that can be ordered online according to ones choice, has also been a factor to drive point-of-care Breathalyzer market. Awareness initiative taken by government has also led to increase of market size for point-of-care Breathalyzer market.
High cost of Breathalyzer and less market for new brands producing Breathalyzer were seen to hamper in the past for but modern portable cheap Breathalyzer are taking over the point-of-care Breathalyzer market now.
Point-of-Care Breathalyzer Market: Overview
According to a study report published in South Africa about 10% of the country’s GDP is lost due to alcohol abuse annually which is equal to R240 billion. Also worldwide there is much loss due to alcohol abuse leading to immense destruction in drunk driving accidents, expensive alcohol abuse treatment and loss of manpower and productive working hours brings an overall effect on worldwide economy.
Thus awareness due to such losses have led government to take strict measures in field of law enforcement and highway safety administration to bring down losses. Efficient use of point-of-care Breathalyzer to prevent such loss has proved beneficial and made people aware of its legal consequences being the reason for increasing market for of point-of-care Breathalyzer market.
Mandatory alcohol test are carried out worldwide in workplaces such as transport, construction sites mining, shipping, airlines, defense centres, rehabilitation centres to maintain safety of individuals increasing market size for point-of-care Breathalyzer market over globe.
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Point-of-Care Breathalyzer Market: Key Players
Some of the key players in point-of-care Breathalyzer market include Drägerwerk AG & Co. KGaA, Intoximeters,Lion Laboratories Limited, Lifeloc Technologies, Inc., Inc., , BACtrack, Quest Products, Inc., Alere, Inc., and C4 Development, Andatech Private Limited Ltd. Most of the providers of point-of-care breathalyzer are adopting the strategy of providing these products through e-commerce, so that buyers can browse the products according to their needs.
Based on product type, the point-of-care breathalyzer market is segmented into the following:
- Desktop Point-of-Care Breathalyzer
- Portable Point-of-Care Breathalyzer
- Handheld Point-of-Care Breathalyzer
Based on product technology, the point-of-care breathalyzer market is segmented into the following:
- Chemical reaction (Breathalyzer).
- Fuel-cell technology (Alcosensor III or IV).
- Infrared Spectroscopy (Intoxilyzer).
Based on end user, the point-of-care breathalyzer market is segmented into the following:
- International and National transport systems.
- Rehabilitation centres.
- Government and private offices.
- Diagnostic centers.
- Home care settings
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