Stringent Government Drug Regulations in North America, Europe Driving Drugs of Abuse Testing Market
The global drugs of abuse testing market is expected to grow at a CAGR of 7.77% over the forecast period from 2019 to 2025. The global drugs of abuse testing market is expected to rise to a value of more than USD 6,673.3 Million by the end of the forecast period in 2025, according to the report.
This has led to a growing demand for drugs of abuse testing equipment. This is likely to remain the major driver for the global drug of abuse testing market over the forecast period due to the increasing government efforts to fight growing drug usage. The past growth trajectory of the global drug of abuse testing market is also examined in detail in the report to enlighten readers as to the likeliest growth trajectory of the market in the forecast period.
Technological refinement of small, portable drug of abuse testing devices is likely to be a major target for players in the global drug of abuse testing market over the forecast period. Parents are becoming increasingly concerned about illegal drug use by their wards, which has led to a growing demand for home-based testing for drugs.
Leading players in the global drug of abuse testing market includes
Quest Diagnostics
Thermo Fisher Scientific Inc.
LabCorp
- Hoffman-La Roche Ltd.
Abbott Laboratories
Sonic Healthcare
Randox Laboratories
and Bio-Rad Laboratories Inc.
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Drug of Abuse Testing Market Segmentation:
The global drug of abuse testing market is segmented on the basis of test type and sample type.
By test type, the global drug of abuse testing market is segmented into laboratory drug testing and onsite screening tests. Onsite screening tests comprise the dominant segment due to the higher convenience and cost-effectiveness of onsite screening. The onsite screening tests segment held a dominant 71.62% share in the market in 2018.
On the basis of sample type, the market is segmented into urine, hair, saliva and others. Urine holds a majority share in the global market, as urine contains metabolites from several types of drugs. Saliva is the second most popular sample type in the Drugs Abuse Test market.
3 Market Outlook
3.1 Introduction
3.1.1 International Drug Trafficking
3.1.2 Drug Trafficking and Illicit Drug Use in North America
3.1.3 Drug Trafficking and Illicit Drug Use in Europe
3.1.4 Drug Trafficking and Illicit Drug Use in Asia-Pacific
3.2 Technology Analysis – Drug Abuse Testing Market
3.2.1 Chromatography Technology
3.2.2 Immunoassay Technology
3.3 Single vis-à-vis Multiple Parameter Test
3.4 Factors Driving the Market and its Impact on Market Forecast
3.4.1 Increased Use of Drug Testing at Organizational Level
3.4.2 Increased Production and Trade of Illicit Drugs Worldwide
3.4.3 Global Increase in Road Accidents and Death Rates
3.4.4 Increase in the Consumption of Illegal Drugs
3.4.5 Impact Analysis of Drivers on Market Forecast
3.5 Factors Hindering the Market and its Impact on Market Forecast
3.5.1 Legalization of Drugs
3.5.2 Social Issues Associated with Drug Abuse Testing
3.5.3 Inability of Testing Products to Detect Low-Dose Designer Drugs
3.5.4 Impact Analysis of Restraints on Market Forecast
…Continued
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The growing use of illicit drugs all over the world and the growing awareness about Drugs Abuse Test are the major drivers for the global drugs of abuse testing market. Due to the growing number of youths becoming addicted to illegal substances, many governments around the world have come up with strong anti-drugs policies. Strict enforcement of drug monitoring policies is being practiced in most countries around the world.
Market Regional Analysis:
The global drug of abuse testing market is segmented by region into North America, Europe, Asia Pacific, and rest of the world.
North America is the dominant revenue generator in the global Drugs Abuse Test Market. The U.S. is the top consumer of drug of abuse testing devices and is likely to retain the position over the forecast period due to the strict enforcement of anti-drug legislation in the country. Awareness among parents about drug use among teenagers is also increasing, which is likely to be a key driver for the drug of abuse testing market in the U.S.
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