ALCOHOL TEST EQUIPMENT MARKET ANALYSIS

Alcohol Test Equipment MarketSize and Trends

Market Dynamics

The significant increase in worldwide alcohol consumption is the key growth driver for the global alcohol test equipment market. One of these segments is the increasingly ageing population, for which alcohol testing technology can be used to help detect prescription medication overdoses. Furthermore, a number of manufacturers are focused on creating unique technologies and offering accurate and simple-to-use alcohol testing equipment on a regular basis, which is a major driver for the global alcohol test equipment market. For instance, in August 2019, SannTek Labs, a testing device provides was financed by Y Combinator, an investment firm, to develop a new type of breathalyzer. This breathalyzer can detect blood alcohol levels as well as the type of cannabis consumed in the previous three to four hours.

The rising number of drunk driving instances and drug addiction is predicted to increase production for alcohol testing equipment, propelling the market forward. For instance, according to a data sheet provided by the National Highway Traffic Safety Administration in December 2019, roughly 10,511 people in the U.S. died as a result of drunk driving in 2018. Excessive alcohol intake raises the risk of more than 200 illnesses, including liver damage and cancers. The rising incidence of traffic accidents caused by drunk driving and drug usage has boosted demand for alcohol testing equipment, which helps monitor the presence of various chemicals and measure the blood alcohol content in a breath sample.

Market Outlook

Due to several strict restrictions prohibiting alcohol usage, North America is expected to dominate the global alcohol test equipment market. As a result, the demand for alcohol testing has increased across North America region. When a person is caught speeding or causing fatalities, authorities in the U.S. use alcohol testing instruments to determine their sobriety. Due to a growing young population and the fast-expanding economies of countries such as India and China, Asia Pacific and other regions such as the Middle East, and Africa are expected to provide opportunities for global alcohol test equipment market in the forecast period.