Global Drug Screening Market Size and Forecast to 2030
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Product Code:
RP-ID-10060071 -
Published Date:
21 Oct 2022 -
Region:
Global
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Pages:
103 -
Category:
Healthcare & Pharmaceuticals -
Publisher:
Pub-ID-12
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
Translate Report
The global drug testing market is expected to reach more than USD 5 billion by 2022, growing at a CAGR of ~9% over the forecast period 2022-2030. Drug tests analyze biological samples such as blood, hair, and urine. Detection of drug addiction or the presence of metabolites in the patient;s body. Drug tests are used to determine if a person was affected by a drug at a specific time. Drug testing equipment has been improved with the introduction of new technologies. It provides users with accurate and concise results.
Increasing alcohol consumption, prescription drug abuse, and drug and illicit drug use by men and women of all ages are the major drivers of the market. The global drug testing industry is segmented by equipment, service, sample type, end user, and region. On the basis of equipment and services, the market is segmented into safety testing, chromatography equipment, breath analyzers, breath analyzers, rapid testing, and urinalysis equipment. Respiratory analysis is subdivided into fuel cell respiration analysis, semiconductor respiration analysis and other instruments.
Rapid Test Equipment (RTD) is subdivided into urine test equipment and oral/saliva test equipment. Urinalysis equipment is divided into urine test cups, swallow cards and strips based on consumer test kits, sample collection tubes, calibrators, controls and other consumables. Lab Services has a large market share in this region. Sample types are divided into urine samples, breath samples, mouthwash samples, hair samples and other samples (blood and sweat). Urine samples are common and occupy most of the room. According to end users, this segment is divided into workplaces and schools, drug testing laboratories, criminal justice and law enforcement agencies, hospitals, drug treatment centers, pain treatment centers and individuals.
KEY BENEFITS:
This study provides a detailed analysis of the global market from 2016 to 2023 as well as current trends and forecasts for future investment pockets, market drivers and growth. Provides comprehensive factor analysis. The revised market scenario describes key players and strategies for understanding the potential of the competitive market as opportunities increase and key companies impacting this market are identified both globally and regionally.
MAJOR DRUG TESTING MARKET SEGMENT:
By Product &; Service: Equipment, Safety Analyzers, Chromatography Equipment, Breath Analyzers, Liquid Fuel Cell Testers, Liquid Testers, Liquid Testers, Breath Analyzers, Rapid Testers, Equipment for End User Urine Testing (Blood and Sweat, sample) : workplace, school, laboratory medical examinations, criminal justice and law enforcement services, hospitals, drug addiction treatment centers, pain, individual consumers.
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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