The ‘Global Drug Screening Market Size, Report and Forecast 2023-2031’ by Expert Market Research, gives an extensive outlook of the global drug screening market, assessing on the basis of its segments like products and services, sample type, end-user, and major regions.
Drug Screening Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/drug-screening-market/requestsample
The key highlights of the report include:
Market Overview (2016-2031)
• Historical Market Size (2022): USD 7 billion
• Forecast CAGR (2023-2031): 8.2%
• Forecast Market Size (2031): USD 22.5 billion
Growing rates of drug use among adults and teenagers have a negative impact on their health, as well as their employment and economy, which is likely to be a major factor contributing to market growth. Additionally, many governments and non-profit organisations focus their efforts on funding drug testing initiatives and improving drug testing procedures. Despite fast growth, political and social decisions might hinder the market.
Technological advancements in methods of drug testing are projected to supplement the growth of the global drug screening market in coming years. Due to the popularity of current drug testing methods, many users find ways to circumvent the tests, resulting in the need for more technologically advanced drug testing modes.
With greater awareness regarding the dangers of driving and working while under the influence of drugs, many workplaces, colleges, and governmental organisations are implementing drug testing protocols, driving the growth of the global drug screening market. Professional athletes sometimes use performance increasing drugs like HGH and steroids, which can be detected during a drug test, increasing the demand for drug screening.
Drug Screening Industry Definition and Major Segments
Drug screening is the screening process for a biological specimen, such as urine, blood, breath, sweat, hair, or oral fluid/saliva, to determine whether a specific drug or its metabolites are present or absent. Drug tests are available in a variety of types and are used for many different purposes.
Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/drug-screening-market
Based on products and services, the market is segmented into:
- Drug Screening Product
- Analytical Instruments
- Rapid Testing Devices
- Oral Fluid Testing Devices
- Drug Screening Service
Based on sample type, the market is divided into:
• Urine Samples
• Breath Samples
• Oral Fluid Samples
• Hair Samples
Based on end users, the market is divided into:
• Drug Testing Laboratories
• Criminal Justice and Law Enforcement Agencies
• Individual Users
• Drug Treatment Centres
• Pain Management Centres
• Schools and Colleges
The major regional markets include:
• North America
• Latin America
• Middle East and Africa
Drug Screening Market Trends
The global drug screening market is expected to expand as demand for immunoassay analysers in hospitals and clinical laboratories increases. Immunoassay tests use antibodies or antigens to detect the presence of drugs. They are inexpensive, quick to process, and are most commonly used for preliminary screening, providing a simple yes or no response.
An antibody is used as a reagent in immunoassay analysers to identify and detect the level of concentration of particular substances in a sample. These devices can perform a variety of tests, such as cancer screening, allergy testing, and therapeutic drug monitoring.
As law enforcement uses breathalysers more frequently, the global drug screening market is expected to grow. Law enforcement personnel use the device to determine how much alcohol is in the systems of suspects. In certain regions where drug testing at workplaces is banned, the expansion of the market for drug screening may be restricted.
At a regional level, the drug screening market is expected to a have a significant presence in North America. This is due to the rising use of drugs, regulations that support drug screening, increased number of accidents because of alcohol, and government funding for combating drug abuse.
Key Market Players
The major players in the global drug screening market report include:
- Laboratory Corporation of America® Holdings
- Quest Diagnostics
- Abbott Laboratories
- Thermo Fisher Scientific Inc
- Alfa Scientific Designs Inc
- OraSure Technologies, Inc
- F. Hoffmann-La Roche Ltd
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers, and acquisitions, among other latest developments of the major market players.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today’s competitive market.
Don’t miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation’s future success by acquiring one of our Expert Market Research reports today.
Company Name: Claight Corporation
Contact Person: Jhon Roy, Business Consultant
Email: [email protected]
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA