According to the latest report of the IMARC group, entitled “Drug addiction testing market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026,“The drug testing market is expected to grow at a CAGR of approximately 8% during the period 2021-2026.
Drug abuse refers to the deliberate use of illegal substances or the overuse of prescribed psychoactive and over-the-counter (OTC) drugs. It can affect the mind and body and cause several disorders, including addiction. As a result, drug abuse is diagnosed using numerous testing methods to effectively treat related issues. Drug addiction tests also help manage a patient’s mental state, manage cases of seizures in the emergency room, identify children and newborns at risk for exposure to illicit drugs, etc. . It also finds many applications in workplaces where job applicants can be tested for drug use before being hired.
Like the novel coronavirus (COVID-19) the crisis is taking hold of the world, we are constantly monitoring changes in the markets, as well as the industrial behavior of consumers around the world and our estimates on the latest trends and market forecasts are made after taking into account the impact of this pandemic.
Drug addiction testing market Tendencies:
The increasing drug dependence and addiction in individuals for their psychotropic characteristics, medical, non-therapeutic and medicinal uses, and for other purposes, such as weight loss, improving athletic performance, etc., is stimulating primarily the drug testing market across the globe. In addition to this, the growing awareness of the harmful consequences of drug abuse, which can create significant safety and health risks and reduce an individual’s productivity and morale, further drives demand for products. . In addition to this, the growing need for screening employees and job seekers to provide a safe workplace and comply with strict laws and regulations adopted by government agencies is acting as another growth factor. Additionally, improved technologies used by pain management and opioid dependence clinics are fueling the demand for urine drug testing, which is catalyzing market growth. Additionally, the emergence of automated testing and analysis for drugs of abuse with home testing kits is expected to boost the global drug abuse testing market during the forecast period.
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Drug addiction testing market Analysis and segmentation 2021-2026:
The competitive landscape of the market has been studied in the report along with the detailed profiles of the major players operating in the market.
Abbott Laboratories, Bio-Rad Laboratories Inc., Danaher Corporation, Drägerwerk AG & Co. KGaA, F. Hoffmann-La Roche AG, Laboratory Corporation of America Holdings, Omega Laboratories Inc., Quest Diagnostics Incorporated, Siemens AG, Thermo Fisher Scientific Inc . and United States Drug Testing Laboratories Inc.
The report has segmented the market on the basis of region, disc type, material type, and end user.
Breakdown by product:
- Immunoassay analyzers
- Chromatographic apparatus
- Breath analyzers
- Rapid test devices
- Urine testing devices
- Oral fluid testing devices
- Laboratory services
Breakdown by sample:
- Oral fluid (saliva)
Breakdown by end user:
- Diagnostic laboratories
- Forensic laboratories
- Work places
Breakdown by region:
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East and Africa
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Highlights of the report:
- Market performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market drivers and success factors
- SWOT analysis
- Value chain
- Complete mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
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