Wiseguyreports.Com Adds “Drugs of Abuse Testing – Global Market Outlook (2017-2026)” To Its Research Database
Global Drug Abuse Testing devices market is expected to reach $ 7149.5 million by 2026 growing at a CAGR of 7.1% during the forecast period. The factor which may influence the growth of the market is increased use of drug testing at organizational level, increased production and trade of illicit drugs worldwide and others. The market is growing due to technological advancements taking place that increase sensitivity, reduce consumption of time, and facilitate detection of newly developed designer drugs. The increased use of drug of abuse tests for legal and medical purposes has made it imperative to produce results with high confidence levels. As a result, improvement can be observed in various facets such as chemistry, materials, device and equipment. However, increase in drug variety creates difficulty in identifying drug level in drug testing devices, this set as major restraints for the market.
Drug of abuse testing is required to identify the presence of various drugs in person’s body through different samples such as hair, urine, blood, saliva, etc. It is important in order to suggest with suitable medical treatment to the person or to screen or monitor for the use of illegal drugs. The drug of abuse testing can be performed for a variety of reasons such as Employment drug testing, medical screening, athletics testing, and legal forensic information among others. Medical screening for drugs is performed to decide the combination of drugs a person may have consumed in order to offer appropriate treatment.
Amongst Product, the chromatographic devices segment acquired considerable share. Chromatography is the separation and identification technique. Structurally or chemically like components of homogeneous mixture can be divided using this procedure. Separation is based upon component’s relative ability to absorb or separation between stationary phase and the mobile phase. In all the chromatographic techniques, the sample is dissolve in a mobile phase which may be a supercritical fluid, a gas, or a liquid. Geographically, North America has been the largest market with the U.S. being the larger contributor to the regional market, as compared to rest of North America. The important position of the North American market is mostly due to the increased accessibility of illicit drugs, rising workplace monitoring for utilization of illicit drugs and increased drug trafficking in the region.
Some of the key players in Drugs of abuse testing are Atlas link biotech co ltd, Backman Coulter inc, 1ST Step detect associates llc, Biophor diagnostics inc, Abbott Laboratories, Bio-Medical products Corp, Accutech llc, Bio-Rad Laboratories inc, Alere Inc, Bioscan Screening Systems inc, Alfa Scientific Designs inc, Branan Medical Corp, Amedica Biotech inc, Confirm Biosciences, American Biomedica Corpation and Devon Medical Products.
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• Immunoassays Analyzers
• Chromatographic Devices
• Breath Analyzers
• Rapid Testing Devices
• Urine Testing Devices
• Oral Fluid Testing Devices
• Fluid Collection Devices
• Other Products
• Hair & Sweat
• Work Place Screening
• Pain Management Testing
• Criminal Justice Testing
• Medical Screening
End Users Covered:
• Diagnostics Laboratories
• Forensic Laboratories
• On-the-spot Testing
The report of the Drugs of Abuse Testing market provides competitive strategies over various regions on a global note, where key players tend to maximize profits through partnerships into several regions. The regional report of the Drugs of Abuse Testing market aims at assessing the market size and future growth potential across the mentioned regions. The report makers cover the regions such as North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa with the prediction of future market expansion. The study of the Drugs of Abuse Testing market is done broadly following all these regions to embrace outlook, latest trends, and prospects in the given review period of 2019-2025.
Method of Research
The report of the Drugs of Abuse Testing market is a compilation of first-hand information of which qualitative and quantitative assessment is done by industry analysts as per the parameters of Porter’s Five Force Model. The current inputs from industry experts and industry participants also focus on a valuable chain across the globe. The reports also provide an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per the segmentation. The comprehensive research procedure is divided into two steps, namely primary and secondary researches. With the help of this, the better understanding of Drugs of Abuse Testing market is also provided in terms of strengths, opportunities, weaknesses, and threats related with the industry, which could bring the future aspects to the business moguls worldwide. From the other perspective, the Drugs of Abuse Testing market research also focuses on various levels of study which includes industry trends and company profile with the help of outlook of high-growth, market drivers, restraints, challenges, and opportunities.
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