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ELECTRONICS | Electronic test, measurement & monitoring
sannteklabs.com

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Founded Year

2018

Stage

Seed | Alive

Total Raised

$170K

Last Raised

$150K | 2 yrs ago

Mosaic Score

+90 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About SannTek

SannTek is creating nanotechnology-enabled breathalyzers for cannabis.

SannTek Headquarter Location

151 Charles Street West

Kitchener, Ontario, N2G 1H6,

Canada

Latest SannTek News

Breath Analyzer Market worth $1,167 million - Technological Advancements and Asia-Pacific to witness the highest growth rate

Jul 16, 2021

Search jobs 16-Jul-2021 Breath Analyzer Market worth $1,167 million - Technological Advancements and Asia-Pacific to witness the highest growth rate The Growth in Breath Analyzer Market is mainly driven by the stringent government regulation, growing alcohol and drug abuse and growing use of breathalzyers in detecting various diseases However, the accuracy and hygiene concerns are expected to restrain the growth of this market during the forecast period. Excessive alcohol consumption leads to an increased risk of developing more than 200 diseases, including liver cirrhosis and some cancers. In US almost 30 people die every day due to driving under the influence (DUI) Also, high blood alcohol content was observed in~20% of fatally injured drivers in accidents in developed countries. The growing number of road accidents caused by drunken driving and drug abuse has increased the demand for breath analyzers, as these devices assist in monitoring the presence of different compounds and measuring the blood alcohol content in a breath sample. The Breath Analyzer Market is expected to reach USD 1,167 million by 2025 from USD 524 million in 2020, at a CAGR of 17.4% during the forecast period The fuel cell segment is expected to account for the largest share of the breath analzyer market in 2020  Based on technology, segmented into fuel cells, semiconductor oxidesensors, and other technologies (infrared spectroscopy and chemical crystals). In 2020, the fuel cellssegment accounted for the largest share of the global breath analyzers market. Fuel cells are the mostwidely used technology in breath analyzers. Fuel cell-based breath analyzers offer an extremely high levelof accuracy, sensitivity, and reliability. They are specifically tuned to detect alcohol and do not requiremultiple sensors. These analyzers are considered the gold standard of handheld alcohol testers for bothpersonal and professional use. Growth Opportunities: Technological Advancements; The breath analyzers market is technology-driven and is projected to grow at a significant rate in the coming years. Owing to the lucrative potential of the market, a number of players are focusing on developing novel technologies and are continuously introducing accurate and easy-to-use breath analyzers. In August 2019, Y Combinator, an investment company, invested in SannTek Labs to work on a new kind of breathalyzer. This breathalyzer is designed to detect blood alcohol levels as well as the type of cannabis a person has consumed in the past 3 to 4 hours. Recent Developments in Breath Analyzer Market: In 2020, Lifeloc Technologies launched LT7 and LX9 breathalyzers. These are US DOT/NHTSAapproved breath alcohol testers for law enforcement and workplace markets designed to be user-friendly. In 2019, Y Combinator, an investment company, invested in SannTek Labs to work on a new kind of breathalyzer. This breathalyzer is designed to detect blood alcohol levels as well as the type of cannabis a person has consumed in the past 3 to 4 hours. In 2019, Abbott and Intoximeters today signed 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 – alongside Intoximeters' Alco-Sensor brand breath alcohol-testing products  Geographical Growth Scenario of Breath Analyzer Market:  North America dominated the global breath analyzer market in 2020. However, the Asia Pacific market is expected to register the highest during the forecast period. The major factors driving the growth of the Asia Pacific market include as growing consumption of alcohol, increasing research on the medical applications of breath analyzers, and the development of advanced breath analyzers. Key companies and strategies adopted- The prominent players in the global breath analyzer market include Drägerwerk AG & Co. KGaA (Germany),  MPD, Inc (US), Lifeloc Technologies (US), BACtrack, Inc. (US), Quest Products, Inc. (US), Akers Biosciences, Inc. (US), Intoximeter, Inc. (US), AK GlobalTech Corporation (US), Alcohol Countermeasure Systems Corporation (Canada), EnviteC-Wismar GmbH (Germany), Lion Laboratories Ltd. (UK), An analysis of the market developments between 2017 and 2020 revealed that product launches, partnerships, and expansions, were adopted by market players to strengthen their product portfolios and maintain a competitive position in the breathalyzers market. Read More in Detailed: https://www.marketsandmarkets.com/Market-Reports/breath-analyzers-market-57484012.html Editor Details Name:

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Expert Collections containing SannTek

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

SannTek is included in 3 Expert Collections, including Cannabis.

C

Cannabis

3,519 items

These companies participate in - or service businesses that participate in - the legal cannabis industry. Our definition of cannabis includes both marijuana and hemp (and all derivatives). The collection includes both "plant-touching" and "non-plant-touching" businesses.

M

Medical Devices

8,341 items

Companies developing medical devices (per the IMDRF's definition of "medical device"). Includes software, lab-developed tests (LDTs), and combination products. *Columns updated as regularly as possible.

N

Nanobiotechnology

701 items

These companies apply nanotechnology to clinical medicine. They research or develop highly specific, nanoscale interventions to aid in screening, diagnosis, and treatment of biological systems.

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