According to the report, the global drug screening market was pegged at $5.21 billion in 2017 and is expected to reach $9.45 billion by 2023, registering a CAGR of 8.7% from 2017 to 2023.
Stringent government regulation regarding drug abuse, surge in funding for drug screening, and rise in awareness against drug abuse have boosted the growth of the global drug screening market. However, consideration of drug screening as a violation of rights and possibility of manipulation of drug screening tests hamper the market growth. On the contrary, development of novel drug screening test and untapped markets in the developing countries are expected to create lucrative opportunities in the near future.
Global drug screening market is divided on the basis of product & service, sample type, end user, geography. Based on product & service, the market is segmented into equipment, rapid testing devices, consumables, and laboratory services. The laboratory services segment dominated the market and is expected to continue its dominance throughout the study period. The segment held three-fifths of the total market share in 2016, owing to growing need to hire trained professionals capable of performing drug tests.
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On the basis of sample type, the market is segmented into urine sample, breath sample, oral fluid sample, hair sample, others (blood and sweat samples). The urine sample segment held the lion’s share, contributing about six-sevenths of the total market and is expected to register a CAGR of 8.6% during the forecast period.
Based on end user, the market is divided into workplace and schools, drug testing laboratories, criminal justice system & law enforcement agencies, hospitals, drug treatment centers, pain management centers, and personal users. The workplace and schools segment held the largest share, contributing about two-thirds of the market as employees and students often suffer from drug influence.
On the basis of geography, the market is segmented into North America, Europe, LAMEA, and Asia-Pacific. North America dominated the market, contributing about five-ninths of the total market and is estimated to continue its dominance throughout the study period. However, the Asia-Pacific region is estimated to register the fastest CAGR during the forecast period.
The report includes an analysis of the major market players including Drgerwerk AG & Co. KGAA, Hoffmann-La Roche AG, Siemens AG, Danaher Corporation, Alere, Inc., Abbott Laboratories, Biorad Laboratories, Inc., Thermo Fisher Scientific, Inc., Quest Diagnostics Incorporated and Express Diagnostics International Inc.
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