Global Alcohol Breathalyzer and Drug Testing Equipment Market, by Equipment Type (Alcosensor (Fuel Cells), Breathalyzer (Semiconductor), Chromatographic Instruments, Hair Testing Devices (Kits), Immuno Assay Analyzers, Intoxilyzer (IR), Oral Fluid Testing Devices (Saliva), and Urine Testing Devices (Kits, Cassettes, Cups, and Dips)), by Application (Alcohol Detection and Drug Detection), by End User (Federal Departments, Hospitals, Private Sectors, and Rehabilitation Centers), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ 5,251.4 Million in 2022 and is expected to exhibit a CAGR of 6.3% during the forecast period (2022-2030), as highlighted in a new report published by Coherent Market Insights.
The increasing development and launch of technologically advanced alcohol breathalyzer and drugs testing equipment is expected to boost the market growth. For instance, in March 2019, BACtrack, the leader in personal and professional alcohol testing, announced the launch of its next generation BACtrack View remote alcohol monitoring platform.
Global Alcohol Breathalyzer and Drug Testing Equipment Market– Impact of Coronavirus (COVID-19) Pandemic
The COVID-19 pandemic and lockdowns in various countries across the globe have impacted the financial status of businesses across all sectors, including the private healthcare sector. The COVID-19 pandemic has impacted the entire supply chain of the healthcare industry, mainly due to strict lockdown in several regions. Private healthcare is one such sector that has been impacted significantly by the COVID-19 pandemic.
However, the COVID-19 pandemic had a negative impact on the global alcohol breathalyzer and drug testing equipment market, owing to hamper in supply chain of the drugs and equipment used in drug testing process and breathalyzer. For instance, in October 2020, according to the data published by the National Center for Biotechnology Information, drug trafficking has also been affected by the restrictions introduced for international and domestic travel, both in the early stages of the pandemic and in later stages. The pandemic has affected drug supply chains where and has affected the risks and opportunities at the different stages of the chain, from production to delivery. By the end of March 2020, during the initial lockdowns, about half of the global population experienced some form of mobility restrictions, and numerous borders were closed.
Global Alcohol Breathalyzer and Drug Testing Equipment Market: Key Developments
In March 2022, Adastra Holdings Ltd., a Health Canada Licensed cannabis processing, sales, organoleptic testing, and analytical testing services company, announced a private label manufacturing agreement with Zyre Brands Corp. (Zyre Logo (CNW Group/Adastra Holdings Ltd.)) Under the terms of this agreement, Adastra will manufacture custom-formulated cured resin vape products to sell under the Zyre brand in the Canadian adult-use market.
In December 2021, Opteev Technologies Inc., medical device company, is going through various emergency authorization process with federal officials to launch new product that instantly detect COVID-19, in one’s breath. The advanced technology device by Opteev Technologies which will detect the coronavirus through breath and solid surfaces.
Browse 42 Market Data Tables and 40 Figures spread through 200 Pages and in-depth TOC on “Global Alcohol Breathalyzer and Drug Testing Equipment Market”- Forecast to 2030, Global Alcohol Breathalyzer and Drug Testing Equipment Market, by Equipment Type (Alcosensor (Fuel Cells), Breathalyzer (Semiconductor), Chromatographic Instruments, Hair Testing Devices (Kits), Immuno Assay Analyzers, Intoxilyzer (IR), Oral Fluid Testing Devices (Saliva), Urine Testing Devices (Kits, Cassettes, Cups, and Dips)), by Application (Alcohol Detection and Drug Detection), by End User (Federal Departments, Hospitals, Private Sectors, and Rehabilitation Centers), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)
To know the latest trends and insights prevalent in this market, click the link below: