At 12.8% CAGR, the South & Central America Breath Analyzer Market is Projected to be Worth US$ 210.59 Million by 2030, says Business Market Insights
According to Business Market Insights research, the South & Central America breath analyzer market was valued at US$ 80.35 million in 2022 and is expected to reach US$ 210.59 million by 2030, registering a CAGR of 12.8% from 2022 to 2030. Use of breath analyzers for workplace safety and government support and advanced technologies implementation for breath analyzers are the critical factors attributed to the South & Central America breath analyzer market expansion.
Industries are increasingly prioritizing safety in the workplace, which includes stringent measures to ensure a sober working environment. This emphasis on safety-sensitive roles, where impairment due to alcohol consumption poses risks, has surged the demand for breath analyzers. Sectors such as transportation, heavy machinery operation, and manufacturing, where employee alertness is crucial, necessitate reliable alcohol detection methods. Employers are implementing alcohol screening policies to ensure a safe working environment and comply with safety regulations. Breath analyzers play a pivotal role in these protocols, enabling employers to conduct quick and accurate alcohol tests. This proactive approach not only ensures workplace safety but also reduces the potential for accidents and liabilities. Additionally, these devices assist in alcohol rehabilitation programs by monitoring and supporting individuals in maintaining sobriety. As a result, the breath analyzer market extends beyond law enforcement, tapping into workplace safety needs and health initiatives, indicating a significant market opportunity within occupational safety and healthcare sectors.
On the contrary, false results by breath analyzers hampers the South & Central America breath analyzer market.
Based on technology, the South & Central America breath analyzer market is segmented into fuel cell technology, infrared spectroscopy, semiconductor sensor, and others. The fuel cell technology segment held 57.8% share of South & Central America breath analyzer market in 2022, amassing US$ 46.43 million. It is projected to garner US$ 127.82 million by 2030 to expand at 13.5% CAGR during 2022-2030.
In terms of application, the South & Central America breath analyzer market is categorized into alcohol detection, medical applications, and drug abuse detection. The medical applications segment held 50.5% share of South & Central America breath analyzer market in 2022, amassing US$ 40.58 million. It is projected to garner US$ 112.97 million by 2030 to expand at 13.7% CAGR during 2022-2030.
Based on end user, the South & Central America breath analyzer market is categorized into hospitals and diagnostic centers, law enforcement agencies, and others. The hospitals and diagnostic centers segment held 50.2% share of South & Central America breath analyzer market in 2022, amassing US$ 40.35 million. It is projected to garner US$ 104.53 million by 2030 to expand at 12.6% CAGR during 2022-2030.
By country, the South & Central America breath analyzer market has been categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 46.6% share of South & Central America breath analyzer market in 2022. It was assessed at US$ 37.42 million in 2022 and is likely to hit US$ 102.66 million by 2030, exhibiting a CAGR of 13.4% during 2022-2030.
Key players operating the South & Central America breath analyzer market Thermo Fisher Scientific Inc, Dragerwerk AG & Co KGaA, Abbott Laboratories, Honeywell International Inc, KHN Solutions LLC, Bedfont Scientific Ltd, and Intoximeters Inc, among others.
In August-2019, Abbott and Intoximeters entered into an agreement for Intoximeters to market Abbott's SoToxaTM Mobile Test System, a handheld oral fluid roadside testing solution that rapidly and reliably detects recent drug use with Intoximeters' Alco-Sensor brand breath alcohol-testing products. This agreement aided law enforcement agencies in their efforts to reduce the rate of drugged driving, which has become a serious road safety issue.
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