Increasing demand for the fuel cell portable drug testing devices coupled with high investments in R&D of roadside drug testing devices are fueling the market growth.
Market Size – USD 1.08 Billion in 2018, Market Growth – CAGR of 25.7%, Market Trends – Increase in demand for handheld drug testing devices in the law enforcement departments globally.
The Global Roadside Drug Testing Devices Market is forecast to reach USD 8.53 Billion by 2027, according to a new report by Reports and Data. Drug testing devices are used to test the level of drug present in the blood. The roadside drug testing devices are typically the compact handheld drug testing devices which make use of the breath specimen of the suspected drivers on the road. According to the US law and enforcements, more than 0.08% of blood alcohol concentration (BAC) can significantly affect the driving skills and possibly can be under criminal penalties. An increased awareness about drunk driving causalities, government supports & regulations, and escalating volumes of adoption of the advanced roadside drug testing devices in various law enforcement departments in most of the countries are expected to accelerate the growth of this market.
Asia Pacific, with an increasing number of drink and drive accidents and concerns with alcohol-impaired fatalities in China and India, is likely to achieve significant market growth. China and India are some of the fastest-growing markets, while the United States and Germany hold some of the most prominent players in the market.
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The companies operating in the market and profiled in the report include
Alcohol Countermeasure Systems, BACtrack, Inc., MangalIndia.com, Inc., Intoximeters, Inc., Drägerwerk AG, AK GlobalTech Corporation, Envitec Wismar GmbH, Lifeloc Technologies, Alcovisor, and Akers Biosciences, Inc
The report offers complete portfolios of the key companies operating in the market including production capacity, revenue share and size, gross margin, sales revenue and margin, business expansion plans, technological advancements, product portfolio, global market position, and financial standing. The report also discusses in detail the recent mergers and acquisitions, joint ventures, product launches and brand promotions, partnerships, collaborations, agreements, and corporate and government deals.
The report further discusses in detail the market segmentation
Roadside Drug Testing Devices Market segmentation by type:
Device Type Outlook (Revenue, USD Billion; 2016-2027)
- Alcosensor III or IV
Sales Channel Outlook (Revenue, USD Billion; 2016-2027)
- Online Retailing
- Medical Stores & Brand Outlet
Roadside Drug Testing Devices Market segmentation by application:
Application Outlook (Revenue, USD Billion; 2016-2027)
- Fuel Cell
- Semiconductor Oxide Sensor
- Infrared (IR) spectroscopy
End-Users Outlook (Revenue, USD Billion; 2016-2027)
- Highway Police
- Drug Enforcement Agency
- Bars or Restaurants & Personal Use
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The report focuses on evaluation of the Roadside Drug Testing Devices market in major regions and the countries included in those regions. The report evaluates the key aspects of the global market such as production and consumption patterns, supply and demand ratio, import and export, economic growth, technological developments, and robust presence of key players in the region. The report also offers a country wise analysis to offer better information about the Roadside Drug Testing Devices market scope in key regions and crucial factors influencing market growth in major countries. Regional analysis covers the following:
- North America
- Rest of EU
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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Key Advantages of the Roadside Drug Testing Devices Market Report:
- Detailed analysis of changing dynamics of the global Roadside Drug Testing Devices market
- Valuable insights on key market growth driving trends and monetary competence over the forecast period
- SWOT analysis and Porter’s Five Forces analysis for each key market player to offer competitive advantage to readers and investors
- Comprehensive assessment of competitive landscape and regional analysis
- Assessment of key factors driving and restraining market growth
- Analysis of threats, limitations, growth prospects, opportunities, and barriers in the market
- Strategic recommendations to key market players and new entrants to assist them in gaining a robust footing in the market
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