“The growing availability of forbidden drugs, change in lifestyle of younger consumers, advancements in analyzer technology, and increased focus on creating awareness of the effects of drug abuse and importance of drug screening drive the growth of the global drug abuse testing market.”
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Allied Market Research published a report, titled, “World Drug Abuse Testing Market – Opportunities and Forecasts, 2017-2023.” The report offers an extensive analysis of drivers & opportunities, top investment pockets, key segments, industry size & projections, and the competitive landscape. These insights are helpful for market players, investors, stakeholders, and new entrants to gain major market share and international presence.
The report offers a complete study on the industry growth drivers, restraints, and opportunities of the global world drug abuse testing market. Increasing availability of banned drugs, change in lifestyle of younger people, advancements in analyzer technology, and increased focus on creating awareness of the effects of drug abuse and importance of drug screening among consumers and drug store owners drive the growth of the market. However, lack of awareness of the availability of advanced drug testing devices and its consideration as a violation of privacy rights in some countries act as impediments for the growth of the market. Conversely, the advent of testing devices that are overcoming the need for a sample of saliva, urine, or blood to be taken to a laboratory is expected to provide lucrative opportunities for the industry growth.
The report also provides an in-depth analysis of the segments of the world drug abuse testing market. The industry is segmented based on end users, equipment, and geography. Based on end users, the market is bifurcated into schools and educational institutes, hospitals and healthcare units, and government and private departments. By equipment, the report segments the market into employment testing, random testing, reasonable testing, post-accident testing, and follow-up testing. Geographically, the market analysis is done for the regions such as North America, Europe, Asia-Pacific, and RoW (rest of the world).
The report offers a comprehensive analysis of the leading players operating in the world drug abuse testing market. They include Biomedical Diagnostics, BioMerieux, Abbott Laboratories, Bio-Rad, Dako, DiaSorin, Eiken and Fujirebio, Beckman Coulter. They have implemented various strategies such as partnerships, mergers & acquisitions, expansions, collaborations, joint ventures, and others to gain a leadership status in the industry.
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