The rising production and consumption of designer drugs has pushed up the requirement for advanced drug testing methods that reduce the testing time, enhance the sensitivity, and facilitate the detection of modern designer drugs. Furthermore, the growing utilization of drug of abuse tests for medicinal and legal purposes has boosted the demand for accurate testing methods. Due to these factors, the global drug of abuse testing market will register stable growth in the future years.
The increasing production and trade of illegal drugs all over the world is a major factor fueling the advancement of the market. Drug consumption is one of the biggest factors responsible for road accidents in several countries. Besides this, drug consumption is also pushing up the death rate in many countries. As a result, many governments, NGOs, and regulatory authorities are increasingly taking initiatives for controlling drug usage and reducing drug abuse, especially among young people.
Browse In-depth Drug of Abuse (DOA) Testing Market Companies’ Strategic Developments
However, despite these factors, the breath analyzers will exhibit a faster growth in the market in the near future. According to the forecast of P&S Intelligence, a market research company based in India, the drug of abuse testing market would demonstrate rapid advancement in the Asia-Pacific (APAC) region in the upcoming years, because of the rising consumption of illegal drugs and the increasing implementation of strict testing protocols in workplaces in the region.
As per a report produced by the Australian Criminal Intelligence Commission (ACIC), police agencies made as many as 115,421 illegal drug seizures in 2017. The total weight of the seized drugs was 21 tons. Due to the rising trade and consumption of illegal drugs, the number of arrests for the consumption and possession of illegal drugs grew by as much as 87.6%, from 82,389 in 2006-07 to 154,538 during 2015-16.
Therefore, it can be said with full surety that the market will exhibit stable growth all over the world in the upcoming years, primarily because of the rising consumption of illegal drugs, increasing production of new designer drugs, and the growing requirement for advanced drug testing methods around the world.
Global Drug of Abuse Testing Market by Type of Test (Onsite Screening Test and Laboratory Drug Testing), By Sample (Urine, Saliva, Hair, and others) and Region (North America, Europe, Asia-Pacific and the Rest of the World) - Forecast till 2025The report presents a detailed analysis of Drug of Abuse Testing Market by providing readers with a comprehensive overview of the market’s historical trajectory.
The leading drivers and restraints affecting the global prostate cancer market are assessed in detail in the report.
The historical impact of these drivers and restraints is analyzed in context of the current impact of these factors and projections are made for the likely impact of these drivers and restraints over the forecast period.Major Key PlayersTo gain a substantially large competitive advantage, these players incorporate strategic initiatives such as mergers & acquisitions, collaboration, expansion, and product launch.Quest Diagnostics (US), Laboratory Corporation of America Holdings (LabCorp) (US), Abbott Laboratories (US), Randox laboratories (UK), Bio-Rad Laboratories, Inc. (the US), Sonic Healthcare (Australia), F. Hoffmann-La Roche Ltd (Switzerland), and Thermo Fisher Scientific, Inc. (US).Drug of Abuse Testing Market report offers insights into the leading market players and presents an assessment of their current market position.
Company information with regards to revenue, segmental share, geographical income, SWOT, growth strategies, new product launch, M activities, and the latest R initiatives is also available in the reportMarket Segment AnalysisGlobal Drug of Abuse Testing Market, by Type of TestOnsite Screening TestLaboratory Drug TestingGlobal Drug of Abuse Testing Market, by SampleUrineSalivaHairOthersIntended AudienceBiopharmaceutical companiesGovernment research organizationsHospitals and clinicsRegulatory agenciesPharmaceutical companies Chapters for This Drug of Abuse Testing Market Study: -Chapter 1: to describe Global Drug of Abuse Testing Market Introduction, product scope, market overview, market opportunities, market risk, market driving force;Chapter 2: to analyze the top manufacturers of Global Drug of Abuse Testing Market, with sales, revenue, and price of Global Drug of Abuse Testing Market.Chapter 3: to display the competitive situation among the top manufacturers, with sales, revenue and market share in Forecasted Time.Chapter 4: to show the Global Drug of Abuse Testing Market by regions, with sales, revenue and market share of Global Drug of Abuse Testing Market, for each region, during the forecast period.Chapter 5, 6, 7, 8 and 9: to analyze the key regions, with sales, revenue and market share by key countries in these regions;Chapter 10: to show the market by type and application, with sales market share and growth rate by type, application, Methodology, Analyst Introduction, Data Source By MRFRBrowse Full Report Page Enabled with complete Table of Content at https://www.marketresearchfuture.com/reports/drug-abuse-testing-market-1930 Regional AnalysisGeographically, the global Drug of Abuse Testing Market has been divided by Regions/Countries, this report coversUnited StatesEuropeChinaJapanSoutheast AsiaIndiaCentral & South AmericaAbout Market Research Future: MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.Contact:+1 646 845 9312 | Email: [email protected]
The new research report titled "Drug Abuse Testing Market, Global Industry Analysis, and Forecast to 2027" gives a detailed analysis and future forecasts of the market.
The report highlights the significant players, including market size, share, and demand, development.
This report further covers the latest trends, technological advancements, and growth opportunities.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Drug Abuse Testing Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/drug-abuse-testing-market/download-sampleMarket DynamicsThe rapid increase in the number of substance abusers and people consuming illicit drugs will stimulate this market's growth.
Mandatory guidelines for workplaces and schools to conduct drug abuse testing on suspicious candidates will benefit market growth.
Extensive use of drug abuse testing for medical screening, Legal or forensic information, Sports/athletics testing, and in Monitoring pain medication use will boost the market growth.
