Report Code : A00035
Significant rise in incidence of drug abuse across the globe supplement the need for drug abuse testing. Moreover, rise in governmental regulations regarding the tests of drug abuse in various fields such as sports, workplaces and others further boost the growth of the market.
Onkar Sumant
Manager, Healthcare at Allied Market Research
According to a new report published by Allied Market Research, titled,"Drug Abuse Testing Market by Product & Service, Sample Type, and End User: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global drug abuse testing market was valued at $6,244 million in 2017, and is projected to reach $11,833 million by 2025, growing at a CAGR of 8.2% from 2018 to 2025.
Drug abuse test is a technique used to determine an individuals scope and degree of drug abuse/alcohol consumption. The test is usually performed for drugs of abuse such as marijuana, cocaine, amphetamines, benzodiazepines, PCP, opioids (narcotics), and others. Overuse of prescribed & illicit drugs is the major driver for the drug abuse testing market.
The drug abuse testing market is growing at a significant pace due to surge in incidence of drug abuse across the globe as well as rise in strict guidelines by the government agencies against the use of drug abuse in various fields including sports, schools, workplaces, and others. Further, leading manufacturers are focusing on the technological advancements in drug abuse test devices that contribute to the market growth. However, lack of awareness and consideration of drug testing as a breach of privacy rights in certain countries restrict the growth of the global market.
The consumables segment by product & service generated the highest revenue in 2017 and is expected to maintain its dominance throughout the forecast period. This is attributed to the use of different consumables for drug testing such as assay kits, sample collection cups, calibrators and controls, and others.
Based on sample type, the market is classified into urine, oral fluid (saliva), breath, hair, and other samples. Urine sample generated the highest revenue among all the samples. Urine testing has been well established in forensic toxicology with added versatility and easier sample collection.
North America was the leading revenue contributor to the global market in 2017, owing to increase in healthcare investments by manufacturers and surge in R&D expenditure for the development of more precise and accurate drug abuse testing devices. Asia-Pacific is expected to witness the highest growth rate throughout the forecast period, due to increase in awareness regarding the use of drug abuse tests devices by the employers and law enforcement agencies.
The report provides an extensive competitive analysis and profiles of the key market players, such as Drgerwerk AG & Co. KGAA, Abbott Laboratories, Hoffmann-La Roche AG, Bio Rad Laboratories, Inc., Siemens AG, Thermo Fisher Scientific, Inc., Danaher Corporation, Quest Diagnostics Incorporated, and Express Diagnostics International Inc. The other key players included in the value chain analysis (but not included in the report) are OraSure, Alfa Scientific Designs, Lifeloc, MPD, Inc., Premier Biotech, Shimadzu, Psychemedics, SureHire, CannAmm, and Omega Laboratories.
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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Drug Abuse Testing Market by Product & Services (Analyzers, Rapid Testing Devices, Consumables, and Laboratory Services), Sample Type (Urine, Oral Fluid, Breath, Hair, and Others), and End User (Workplaces & Schools, Criminal Justice Systems & Law Enforcement Agencies, Research Laboratories, and Hospitals): Global Opportunity Analysis and Industry Forecast, 2018 - 2025
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